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EIN 04-2921465

Main South Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Worcester
State
Massachusetts
Year formed
1986
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
Main South Community Development Corporation participates in promoting and developing affordable housing and economic development in the Main South area of Worcester, Massachusetts. It focuses on economic development and rehabilitating affordable housing. In addition to this, it manages affordable housing previously acquired and developed.
Total revenues
$1,578,508
2023
Total expenses
$1,625,803
2023
Total assets
$15,549,435
2023
Num. employees
14
2023

Program areas at Main South Community Development Corporation

Management of affordable housing previously acquired and developed.
Neighborhood revitilization area of worcester, ma.
Economic Development and rehabilitation of affordable housing in the Main South area of worcester, ma.

Who funds Main South Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Stoddard Charitable TrustSupport the Agencys Core Operational$40,000
The Fletcher FoundationSupport Core Operational Expenses ($30,000
Greater Worcester Community FoundationCommunity Improvement & Capacity Building$25,000
...and 6 more grants received

Financials for Main South Community Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$581,463
Program services$932,988
Investment income and dividends$16,485
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$47,572
Total revenues$1,578,508

Organizations like Main South Community Development Corporation

OrganizationLocationRevenue
Cumberland Area Economic Development CorporationMechanicsburg, PA$3,143,193
Central Carolina Economic Development AllianceColumbia, SC$2,099,339
Hartford Economic Development Corporation (HEDCO)Hartford, CT$4,889,239
Houston Business DevelopmentHouston, TX$6,050,246
San Luis Valley Development Resources GroupAlamosa, CO$2,120,564
Greater Seattle PartnersSeattle, WA$2,235,233
One East Kentucky Corporation One East KentuckyPaintsville, KY$778,057
Transylvania Economic AllianceBrevard, NC$795,110
Northeast Mississippi Planning and Development District (NEMPDD)Booneville, MS$7,653,650
White Earth Investment InitiativeOgema, MN$893,097
Data update history
June 30, 2025
Received grants
Identified 1 new grant, including a grant for $15,000 from Ruth H and Warren A Ellsworth Foundation
April 24, 2025
Received grants
Identified 1 new grant, including a grant for $20,000 from TD Charitable Foundation
January 14, 2025
Received grants
Identified 2 new grant, including a grant for $15,000 from George I Alden Trust
January 11, 2025
Posted financials
Added Form 990 for fiscal year 2023
July 19, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
875 Main St
Worcester, MA 01610
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
mainsouthcdc.org/ 
Phone
(508) 752-6181
IRS details
EIN
04-2921465
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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