Nectar Community Investments Inc

LAWRENCE, MA EIN: 04-3571892

GROW THE ASSETS AND WEALTH OF HISTORICALLY DISINVESTED INDIVIDUALS AND THEIR COMMUNITIES BY PROVIDING A COMBINATION OF ROBUST ADVICE, RESOURCED NETWORKS AND CAPITAL IN THE MERRIMACK VALLEY AND ACROSS MASSACHUSETTS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.2M

+20.8% YoY

Annual Giving

$543K

+73.9% YoY

Grant Count

6

+100.0% YoY

Avg Grant Size

$90K

-13.1% YoY

About Nectar Community Investments Inc

Based on IRS filings

Nectar Community Investments Inc is a nonprofit organization focused on Housing & Shelter, based in LAWRENCE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.2M in total assets. In 2024, it awarded 6 grants totaling $543K. Net investment income was $237K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

AndoverBostonConcordDracutJamaica PlainLawrenceLowellMethuenNorht AndoverNorth AndoverRevereRoslindaleWest Roxbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$7M$9M20202021202220232024
Metric202420232022
Total Assets$24,176,225$20,012,349$14,450,665
Revenue$6,745,373$6,574,062$8,158,806
Expenses$5,899,985$5,652,803$3,434,867
Qualifying Distributions
Net Investment Income$237,048$100,109$3,509
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$136K$271K$407K$543K0 grants202013 grants20216 grants20223 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

ARCHIPELAGO STRATEGIES G…$188KTHE BOSTON FOUNDATION$120KGREATER LAWRENCE COMMUNI…$78KALL IN ENERGY$58KTBM CONSULTING$53KABODE ENERGY MANAGEMENT$46K

Grant Size Distribution

28 grants across all recorded years

21<$50K3$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

GLYNN LLOYDEXECUTIVE DIRECTOR$214KDAN PLOWDENCFO$151KALEXANDRA NOVACOO$143KAARON LACKMANCOMMERCIAL LENDING$112KLISSETTE PAUKERTRESIDENTIAL SERVICES DIRECTOR$100K

From 2024 filing

NameTitleHoursCompensation
ABBOTT LAWRENCEDIRECTOR5
ABEL VARGASCLERK5
ARLEEN ZORRILAOUTGOING DIRECTOR5
DANIEL RIVERADIRECTOR5
KRISTEN HAROLOUTGOING DIRECTOR5
LISA KOZOLTREASURER5
LISA TORISSIOUTGOING DIRECTOR5
MALIA LAZUPRESIDENT5
MATTHEW HANSONDIRECTOR5
MICHELE WITTSDIRECTOR5
NANCY STAGERDIRECTOR5
ORLANDO WATKINSDIRECTOR5
QUINCY MILLERDIRECTOR5
YUN-JU CHOIOUTGOING DIRECTOR5
DAN PLOWDENCFO40$150,669
GLYNN LLOYDEXECUTIVE DIRECTOR40$214,120
AARON LACKMANCOMMERCIAL LENDING40$112,038
ALEXANDRA NOVACOO40$143,064
LISSETTE PAUKERTRESIDENTIAL SERVICES DIRECTOR40$100,091

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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