Housing & Shelter
The Neighborhood Developers Inc
CHELSEA, MA
Total revenue
$11.5M
Total expenses
$8.9M
Net assets
$14.1M
Grants received
$11.0M
104 grants
EIN
042660283
Tax year
2024
Mission
The mission of the neighborhood developers, inc. (tnd) is to create strong neighborhoods enabling community members to secure a stable home, achieve economic mobility,and determine their own future. Tnd employs four investment strategies to build strong and just neighborhoods: real estate development to expand affordable housing inventory and build equitable neighborhoods; community building to foster leadership development in organizing for self advocacy; financial capabilities and workforce development to increase family prosperity, delivered in collaboration with our connect partners; and resident services, so that the residents of tnd properties succeed at home, school, work and in the community.
Programs
5 programs
Connect - the connect program helps address displacement among low-income individuals and families by stabilizing their financial outlook and providing tools to help these households manage, and grow their income through financial capability, workforce development, and housing and income stabilization programming. Services to the community start with a resource hotline, and include resources for rental and utilities assistance, financial coaching, masshealth, snap, workforce development and tax preparation.
Real state development- the real estate development program reduces and preserves affordable and mixed income multi-family rental properties and homes for sale. The homes that tnd produces primarily benefit low-income households earning 60% or less of the area median income. Tnd has a goal to build or preserve 325 homes between 2020-2024. Through 2024, tnd has produced 300 homes and has 375 more homes in development.
Community building - tnd works in coalitions and through partnerships to catalyze positive community change that empowers residents to transform and build better neighborhoods. The community building team hosts social gatherings to build relationships and collective power, organizes cross-city trainings to educate community members about issues, and connects residents to advocacy opportunities.
Resident services - the resident services program is dedicated to ensuring housing stability, health and wellness of the 1,110 low-income residents of tnd's multi-family properties. Resident services included meal and grocery deliveries, wellness calls, housing stability counseling, financial capability training, community building programming, and elder and family support services.
Asset management - for tnd's residential and commercial property portfolio, the asset management program provides property portfolio management: maintenance, repair and improvements of buildings; financial management of operating properties; and compliance with all regulatory and investor requirements.
Financials
FY 2024
Revenue
Expenses
People
15 listed
RAFAEL MARES
EXECUTIVE DIRECTOR
$247K
40 hrs/wk
SEAN K MOCK
PROJECT MANAGER
$91K
40 hrs/wk
KAVISH GHANDI
DIRECTOR
—
1 hrs/wk
KRISTEN JANJAR
DIRECTOR
—
1 hrs/wk
SANDY MAYNARD
SECRETARY
—
1 hrs/wk
FAYE DOOKHARAN
PRESIDENT
—
1 hrs/wk
DAKEYA CHRISTMAS
VICE PRESIDENT
—
1 hrs/wk
CHARLENE BAUER
TREASURER
—
1 hrs/wk
MINA JLIL
DIRECTOR
—
1 hrs/wk
GUADALUPE PANAMENO
DIRECTOR
—
1 hrs/wk
PETER HOLLANDS
DIRECTOR
—
1 hrs/wk
ORLANDO JAQUEZ
DIRECTOR
—
1 hrs/wk
STEVEN LAFERRIERE
DIRECTOR OF RE DEVELOPMENT
$165K
40 hrs/wk
CASSANDRA JEAN WITTHAUS
SENIOR PROJECT MANAGER
$125K
40 hrs/wk
MARILYN SALGADO
DIRECTOR OF RESIDENT SERVICES
$114K
40 hrs/wk
Independent contractors
OPPORTUNITY COMMUNITIES LLC
MANAGEMENT SERVICES
COHNREZNICK
ACCOUNTING CONSULTING FEES
Grants received
Showing 104 of 104
Funded by
$11.0M from 36 funders · 104 grants · 2017–2024
$3.1M · 8 grants · 2017–2023
$3.0M · 7 grants · 2017–2023
$1.0M · 5 grants · 2017–2023
$501K · 8 grants · 2017–2022
$350K · 1 grant · 2022
$256K · 2 grants · 2023–2024
$245K · 6 grants · 2018–2023
$240K · 2 grants · 2020–2022