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The Neighborhood Developers INC

Public charityFed auditsIRS 990
Other · CHELSEA, MA · EIN 04-2660283

About

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.

Donations are tax-deductible
Category
Other
Employees
39
Volunteers
129

Financial Snapshot

FY ending 2022-12-31
Revenue
$9.9M
Expenses
$9.0M
Assets
$36.5M
Liabilities
$24.6M

Financial history

$9.9M$5.0M$0
16171819202122
RevenueExpenses
Latest FY2022: $9.9M · Avg: $5.2M
THE NEIGHBORHOOD DEVELOPERS INC
Your actions

Address

4 Gerrish AVE
Chelsea, MA, 02150-290

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$1.1M
Net to org$1.1M
Retained by contractors$36K
ChannelsEmail · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.