EIN 22-2813032

Community Development

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1987
Most recent tax filings
2023-12-01
Description
Community Development, Inc. is a nonprofit organization with a mission to acquire, improve, and make affordable housing available to low and moderate income individuals and families through rehabilitation, new construction, or other means. It was established on May 29, 1987 under Massachusetts' General Laws Chapter 180 as a charitable corporation.
Total revenues
$1,998,114
2023
Total expenses
$2,192,727
2023
Total assets
$1,631,654
2023
Num. employees
0
2023

Program areas at Community Development

Community development,inc. (the "corporation") is a nonprofit organization established to acquire, improve (through rehabilitation, new construction, or otherwise) and to make available affordable housing to persons and families with low and moderate incomes; to acquire, own and dispose of partnership or membership interests in limited partnerships ("lps") or limited liability companies ("llcs") and stock in corporations providing housing for the benefit of persons and families as defined above; and to promote social welfare and combat Community deterioration by improving existing property or creating new facilities within blighted, decayed, or substandard areas.

Grants made by Community Development

GranteeGrant descriptionAmount
The Community Builders (TCB)Low Income Housing$1,920,887

Personnel at Community Development

NameTitleCompensation
Phillip L ClayPresident and Director$0
Hetal MaruAssistant Treasurer
Russell TannerClerk and Director$0
Hetal GadaPast Assistant Treasurer$0
James RushfordAssistant Clerk$0
...and 5 more key personnel

Financials for Community Development

RevenuesFYE 12/2023
Total grants, contributions, etc.$100
Program services$1,998,014
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,998,114

Form 990s for Community Development

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-12-12990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2019-122021-04-06990View PDF
...and 11 more Form 990s
Data update history
February 5, 2024
Updated personnel
Identified 1 new personnel
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $153,617 from Brooklyn Legal Services Corporation
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $178,654 from Brooklyn Legal Services Corporation
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Partially liquidatedTax deductible donationsNo full-time employees
General information
Address
185 Dartmouth St
Boston, MA 02116
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Phone
(857) 221-8600
IRS details
EIN
22-2813032
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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