EIN 04-2759909

Massachusetts Association of Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Year formed
1982
Most recent tax filings
2022-06-01
Description
A membership organization advancing economic opportunity and racial equity by supporting community-based efforts in Massachusetts through skill-building and capacity-strengthening.
Total revenues
$1,911,835
2022
Total expenses
$1,846,689
2022
Total assets
$912,733
2022
Num. employees
14
2022

Program areas at Massachusetts Association of Community Development Corporation

The mel king institute for Community building (the institute), which the Association co-founded and operates, fosters vibrant and thriving Massachusetts communities by advancing the skills, knowledge and leadership ability of professional practitioners and volunteer leaders in the Community Development field. To achieve its mission, the institute leverages collaborative educational partnerships that offer high quality learning opportunities to professionals and volunteers in the Community Development field, encourage innovation, and promote and institutionalize systemic success. In addition to offering courses and workshops, the institute operates a number of programs, including a mentoring program, a training program for public housing tenants called the resident leadership academy, and the alliance for racial equity.
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 sponsoredinsurance.
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.

Who funds Massachusetts Association of Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$135,000
NeighborWorks AmericaGeneral Support$125,000
United Way of Massachusetts Bay and Merrimack ValleyCommunity Impact$120,131
...and 7 more grants received

Personnel at Massachusetts Association of Community Development Corporation

NameTitleCompensation
Joseph KriesbergPresident and Chief Executive Officer$145,982
John FittererDirector of Operations / Director of Communications$101,309
Shirronda AlmeidaDirector of Mel King Institute / Director of the Mel King Institute for Community Building$101,748
Emilio DorcelyVice Chair / Director$0
Casey StarrClerk / Director$0
...and 4 more key personnel

Financials for Massachusetts Association of Community Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,568,297
Program services$213,896
Investment income and dividends$158
Tax-exempt bond proceeds$0
Royalty revenue$90,789
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$38,695
Total revenues$1,911,835

Form 990s for Massachusetts Association of Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2021-062022-03-09990View PDF
2021-062022-02-03990View PDF
2020-062021-04-02990View PDF
2019-062020-01-23990View PDF
2018-062019-02-21990View PDF
...and 8 more Form 990s
Data update history
June 8, 2023
Updated personnel
Identified 6 new personnel
May 21, 2023
Used new vendors
Identified 1 new vendor, including
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $150,000 from The Boston Foundation (TBF)
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2022
Received grants
Identified 2 new grant, including a grant for $25,000 from TD Charitable Foundation
Nonprofit Types
Trade associationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
44 School St 800
Boston, MA 02108
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
macdc.org/ 
Phone
(617) 426-0303
IRS details
EIN
04-2759909
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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