NonprofitsThe Neighborhood Developers Inc

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.

Expenses: $1.1MGrants: $556K

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.

Expenses: $1.2M

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.

Expenses: $532KGrants: $224K

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.

Expenses: $363KGrants: $25K

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.

Expenses: $330K

Financials

FY 2024

Revenue

Contributions & grants$5.7M
Program service revenue$4.9M
Investment income$859K
Other revenue
Total revenue$11.5M

Expenses

Grants paid$831K
Salaries & benefits$4.4M
Fundraising$700K
Other expenses$3.7M
Total expenses$8.9M
Total assets$43.4M
Net assets$14.1M

People

15 listed

NameRoleCompensation

RAFAEL MARES

EXECUTIVE DIRECTOR

Board

$247K

40 hrs/wk

SEAN K MOCK

PROJECT MANAGER

Board

$91K

40 hrs/wk

KAVISH GHANDI

DIRECTOR

Board

1 hrs/wk

KRISTEN JANJAR

DIRECTOR

Board

1 hrs/wk

SANDY MAYNARD

SECRETARY

Board

1 hrs/wk

FAYE DOOKHARAN

PRESIDENT

Board

1 hrs/wk

DAKEYA CHRISTMAS

VICE PRESIDENT

Board

1 hrs/wk

CHARLENE BAUER

TREASURER

Board

1 hrs/wk

MINA JLIL

DIRECTOR

Board

1 hrs/wk

GUADALUPE PANAMENO

DIRECTOR

Board

1 hrs/wk

PETER HOLLANDS

DIRECTOR

Board

1 hrs/wk

ORLANDO JAQUEZ

DIRECTOR

Board

1 hrs/wk

STEVEN LAFERRIERE

DIRECTOR OF RE DEVELOPMENT

Staff

$165K

40 hrs/wk

CASSANDRA JEAN WITTHAUS

SENIOR PROJECT MANAGER

Staff

$125K

40 hrs/wk

MARILYN SALGADO

DIRECTOR OF RESIDENT SERVICES

Staff

$114K

40 hrs/wk

Independent contractors

OPPORTUNITY COMMUNITIES LLC

MANAGEMENT SERVICES

$2.0M

COHNREZNICK

ACCOUNTING CONSULTING FEES

$121K

Grants received

Showing 104 of 104

FromAmountPurposeYear
$50K
CONSTRUCT 5 AFFORDABLE DEED-RESTRICTED CONDOMINIUMS
2024
$50K
2024 AFFORDABLE HOUSING
2024
$45K
PARTNER SUSTAINABILITY GENERAL
2024
$40K
CONNECT ONE-ON-ONE FINANCIAL AND EMPLOYMENT COACHING PROGRAM
2024
$33K
TO ASSIST THOSE IN NEED
2024
$30K
General Operating Support
2024
$30K
NEIGHBORHOOD DEVELOPMENT/FINANCIAL CAPABILITY
2024
$10K
DONATION
2024
$10K
GENERAL SUPPORT
2024
$6K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2024
$750K
COMMUNITY BENEFIT PROGRAM
2023
$516K
Community Impact
2023
$250K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2023
$75K
SECURE HOMES, STRONGER FUTURES: EMPOWERING CHELSEA FAMILIES FOR HOUSING STABILITY & FINANCIAL SECURITY
2023
$75K
SECURE HOMES, STRONGER FUTURES: EMPOWERING CHELSEA FAMILIES FOR HOUSING STABILITY & FINANCIAL SECURITY
2023
$60K
2025 CHELSEA AND REVERE LEADERSHIP DEVELOPMENT AND ANTI-DISPLACEMENT
2023
$50K
2024 AFFORDABLE HOUSING
2023
$50K
EXEMPT PURPOSE
2023
$40K
CONNECT ONE-ON-ONE FINANCIAL AND EMPLOYMENT COACHING PROGRAM
2023
$40K
EVICTION PREVENTION
2023
$30K
General Operating Support
2023
$21K
JOB TRAINING & PLACE
2023
$20K
UNRESTRICTED GENERAL
2023
$15K
EXEMPT PURPOSE
2023
$15K
SAFEGUARDING AFFORDABLE HOUSING: TND'S FLOOD RESILIENCE INITIATIVE
2023
$15K
SAFEGUARDING AFFORDABLE HOUSING: TND'S FLOOD RESILIENCE INITIATIVE
2023
$10K
For grant recipient's exempt purposes
2023
$10K
NNECTS HOTLINE AND CAREER & FINANCIAL COACHING INITIATIVES
2023
$9K
TO ASSIST THOSE IN NEED
2023
$1K
General Fund
2023
$350K
LEGAL ASSISTANCE TO CLIENTS
2022
$210K
Community Impact
2022
$162K
TO ASSIST THOSE IN NEED.
2022
$120K
EXEMPT PURPOSE
2022
$100K
COMMUNITY BENEFIT PROGRAM
2022
$50K
EXEPMT PRUPOSE
2022
$50K
Economic Development
2022
$47K
JOB TRAINING & PLACE
2022
$40K
CONNECT'S ONE-ON-ONE FINANCIAL COACHING PROGRAM
2022
$40K
THIS GRANT WILL SUPPORT PARTICIPATION IN THE ADVANCING HEALTH EQUITY THROUGH HOUSING (HEH) LEARNING COMMUNITY.
2022
$30K
2024 CHELSEA AND REVERE LEADERSHIP DEVELOPMENT AND ANTI-DISPLACEMENT
2022
$15K
For grant recipient's exempt purposes
2022
$10K
DONATION
2022
$10K
GENERAL SUPPORT
2022
$10K
CONNECTS ONE-ON-ONE FINANCIAL & EMPLOYMENT COACHING
2022
$361K
Community Impact
2021
$75K
Community Development
2021
$58K
COMMUNITY BENEFIT PROGRAM
2021
$54K
JOB TRAINING & PLACE
2021
$50K
EXEMPT PURPOSE
2021
$40K
CONNECT'S ONE-ON-ONE FINANCIAL COACHING PROGRAM
2021
$30K
2023 CHELSEA AND REVERE LEADERSHIP DEVELOPMENT AND ANTIDISPLACEMENT
2021
$20K
For grant recipient's exempt purposes
2021
$20K
For grant recipient's exempt purposes
2021
$15K
EXEMPT PURPOSE
2021
$10K
CONNECT'S MULTIFACETED PANDEMIC RESPONSE
2021
$6K
CONNECT's One-on-One Financial Coaching Program
2021
$682K
Community Impact
2020
$200K
TO SCALE THE RECENTLY PILOTED CHELSEA HEALTH STARTS AT HOME PROGRAM INCLUDING AN ADVOCACY COMPONENT IN CHELSEA, MA. THIS GRANT IS ONE OF 20 BEING RECOMMENDED FROM THE ADVANCING HEALTH EQUITY THROUGH HOUSING (HEH) FUNDING OPPORTUNITY.
2020
$140K
2020 NATIONAL NEIGHBORHOOD PROMISE GRANT
2020
$60K
JOB TRAINING & PLACE
2020
$45K
Emergency Support
2020
$40K
EXEMPT PURPOSE
2020
$38K
EXEMPT PURPOSE
2020
$30K
2022 CHELSEA & REVERE LEADERSHIP DEVELOPMENT AND ANTI-DISPLACEMENT
2020
$24K
General Support
2020
$10K
DONATION
2020
$10K
CONNECT COVID-19 RESPONSE
2020
$6K
CONNECT's One-on-One Financial Coaching Program
2020
$5K
Operating Support/Annual Fund
2020
$650K
Community Impact
2019
$140K
Charitable Donation
2019
$125K
HEALTH STARTS AT HOME CHELSEA HOMES I
2019
$65K
Emergency Support
2019
$50K
enable the organization to achieve its mission of creating stable and resilient communities by providing general operating support
2019
$50K
COMMUNITY BENEFIT PROGRAM
2019
$32K
JOB TRAINING AND PLACEMENT
2019
$30K
CHELSEA LEADERSHIP DEVELOPMENT AND ANTI-DISPLACEMENT CAMPAIGN
2019
$30K
Economic Development
2019
$5K
CONNECT'S RESPONSE TO THE COVID-19 CRISIS
2019
$1K
BOSTON UNIVERSITYS CERTIFICATE IN PROFESSIONAL FUNDRAISING COURSE
2019
$370K
Community Impact
2018
$32K
For grant recipient's exempt purposes
2018
$30K
JOB TRAINING AND PLACEMENT
2018
$377K
EXPENDABLE GRANTS
2017
$253K
Community Impact
2017
$230K
Housing and Shelter
2017
$50K
COMMUNITY BENEFIT PROGRAM
2017
$1K
Operating Support
2017

Funded by

$11.0M from 36 funders · 104 grants · 2017–2024

Neighborhood Reinvestment Corporation

$3.1M · 8 grants · 2017–2023

United Way Of Massachusetts Bay Inc

$3.0M · 7 grants · 2017–2023

Mass General Brigham Incorporated &

$1.0M · 5 grants · 2017–2023

Boston Foundation Inc

$501K · 8 grants · 2017–2022

Greater Boston Legal Services Inc

$350K · 1 grant · 2022

New Venture Fund

$256K · 2 grants · 2023–2024

Metro North Regional Employment

$245K · 6 grants · 2018–2023

The Kresge Foundation

$240K · 2 grants · 2020–2022

Details

EIN042660283
NTEE codeL200
Subsection03
Ruling date1979-02
Formed1978
Employees31
Volunteers112
THE NEIGHBORHOOD DEVELOPERS INC — Mission, Financials & Grants Received | Grantivo