NonprofitsMassachusetts Association Of Community Development Corporation

Massachusetts Association Of Community Development Corporation

BOSTON, MA

Total revenue

$1.9M

Total expenses

$1.9M

Net assets

$835K

Grants received

$2.8M

47 grants

EIN

042759909

Tax year

2023

Mission

Supporting community based efforts to build vibrant places that provide economic opportunity.

Programs

3 programs

The member initiatives program seeks to strengthen the capacity of the association's member organizations to meet the various needs of their communities in such areas as affordable housing, economic development, small business development, resident services, community organizing and fundraising. As part of this program, the association conducts peer groups to serve as learning and networking opportunities for practitioners; collaborates with other organizations to offer trainings and develop partnerships; provides technical assistance to local organizations; collects and shares information about best practices in the field; and provides group sponsored insurance.

Expenses: $369K

The community development policy program aims to help community development corporations (cdcs) with their housing, economic development, and community development activities by creating a supportive policy environment. This includes working with local, state, and federal agencies and elected officials to design and fund various programs and it also includes working with private intermediaries, banks, foundations, and corporations to develop programs and establish partnerships.

Expenses: $280K

The health equity program provides technical assistance to support our members' engagement in health-related programming. Our members learn from one another in the context of our health equity committee which meets every other month to discuss topics such as climate change and health, health foundation partnerships, and racism and public health, among others. In 2021, we launched a racial equity and health book group. Macdc additionally distributes a "health equity update" to keep our members informed of funding opportunities, new resources, and program updates.

Expenses: $227K

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue$132K
Investment income$8K
Other revenue$105K
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$956K
Fundraising
Other expenses$936K
Total expenses$1.9M
Total assets$1.5M
Net assets$835K

People

20 listed

NameRoleCompensation

EMILY HABER

PRESIDENT/CEO

Board

$56K

37.5 hrs/wk

EMILIO DORCELY

CHAIR

Board

2 hrs/wk

GAIL LATIMORE

DIRECTOR

Board

1 hrs/wk

GONZALO PUIGBO

TREASURER

Board

2 hrs/wk

JAY COBURN

DIRECTOR

Board

1 hrs/wk

KIMBERLY LYLE

VICE CHAIR

Board

2 hrs/wk

LESLIE REID

OUTGOING-DIRECTOR

Board

1 hrs/wk

MARC DOHAN

DIRECTOR

Board

1 hrs/wk

ANGIE LIOU

DIRECTOR

Board

2 hrs/wk

RAFAEL MARES

CLERK

Board

2 hrs/wk

ROBERT CORLEY

DIRECTOR

Board

1 hrs/wk

SUNEETH JOHN

DIRECTOR

Board

1 hrs/wk

TERONDA ELLIS

DIRECTOR

Board

1 hrs/wk

VANESSA CALDERON-ROSADO

DIRECTOR

Board

1 hrs/wk

YUN-JU CHOI

OUTGOING-DIRECTOR

Board

1 hrs/wk

MICKEY NORTHCUTT

OUTGOING-DIRECTOR

Board

1 hrs/wk

COLLEEN LOVELESS

DIRECTOR

Board

1 hrs/wk

DAVID CHRISTOPOLIS

DIRECTOR

Board

1 hrs/wk

SHIRRONDA ALMEIDA

DIRECTOR OF MEL KING INSTI

Staff

$117K

37.5 hrs/wk

DONALD BIANCHI

DIRECTOR OF HOUSING

Staff

$106K

37.5 hrs/wk

Independent contractors

CLIFTON LARSON ALLEN LLP

ACCOUNTING SERVICES

$121K

INTERIM EXECUTIVE SOLUTIONS

INTERIM CEO SERVICE FEES

$117K

Grants received

Showing 47 of 47

FromAmountPurposeYear
$30K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2024
$277K
Community Impact
2023
$208K
ROOT CAUSE EXCHANGE FEDERAL FUNDS, HEALTH & RACIAL EQUITY, UNRESTRICTED
2023
$25K
Community Development
2023
$25K
EXEMPT PURPOSE
2023
$15K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2023
$5K
UNRESTRICTED OPERATING FUNDS
2023
$198K
COMMUNITY HEALTH & HEALTHY AGING FUNDS
2022
$29K
Community Impact
2022
$25K
GENERAL SUPPORT
2022
$25K
EXEMPT PURPOSE
2022
$20K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2022
$120K
Community Impact
2021
$50K
Housing and Shelter
2021
$20K
EXEMPT PURPOSE
2021
$10K
COMMUNITY BENEFIT PROGRAM
2021
$10K
Community Partnership
2021
Community Development
2021
Operating Support/Annual Fund
2021
$158K
Community Impact
2020
$150K
Housing and Shelter
2020
$20K
EXEMPT PURPOSE
2020
$15K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2020
$1K
Operating Support/Annual Fund
2020
$200
GENERAL OPERATING SUPPORT
2020
$150K
Housing and Shelter
2019
$64K
Community Impact
2019
$25K
MACDC MEMBER INITIATIVES PROGRAM
2019
$3K
Community Development
2019
$56K
Community Impact
2018
$100K
Housing and Shelter
2017
$54K
Community Impact
2017
$25K
EXPENDABLE GRANTS
2017
$10K
Community Partnership
2017
$5K
Operating Support
2017

Funded by

$2.8M from 16 funders · 47 grants · 2017–2024

United Way Of Massachusetts Bay Inc

$759K · 7 grants · 2017–2023

Boston Foundation Inc

$455K · 9 grants · 2017–2021

Local Initiatives Support Corporation

$449K · 4 grants · 2020–2024

Health Resources In Action Inc

$406K · 2 grants · 2022–2023

Neighborhood Reinvestment Corporation

$385K · 7 grants · 2017–2023

Eastern Bank Foundation

$90K · 4 grants · 2020–2023

Massachusetts Housing Investment

$80K · 4 grants · 2020–2024

Details

EIN042759909
Subsection03
Ruling date1982-12
Formed1982
Employees17
Volunteers17
MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo