Nectar Community Investments Inc
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.
Nectar Community Investments Inc at a glance
In short: Nectar Community Investments Inc gave $543K across 6 grants in 2024 (avg $90K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $542,527
- +73.9% vs 2023
- Grants made (2024)
- 6
- +100.0% vs 2023
- Average grant
- $90,421
- -13.1% vs 2023
- Median grant
- $68,083
- Total assets
- $24,176,225
- +20.8% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Nectar Community Investments Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Archipelago Strategies Group Inc ($188K). Together the top 6 received $543K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 21 grants of 28 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Nectar Community Investments Inc gives
- Giving grew 596% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $41K (2022) to $543K (2024). In 2024 it made 6 grants totaling $543K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Archipelago Strategies Group Inc West Roxbury, MA | Business Support | $187,500 |
| The Boston Foundation Boston, MA | Pass-Through Grant | $120,000 |
| Greater Lawrence Community Action Council Inc Lawrence, MA | Business Support | $77,875 |
| All in Energy Roslindale, MA | Business Support | $58,291 |
| TBM Consulting Jamaica Plain, MA | Business Support | $53,359 |
| Abode Energy Management Concord, MA | Business Support | $45,502 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $24,176,225 | $6,745,373 | $5,899,985 | $542,527 | 6 | $237,048 |
| 2023 | $20,012,349 | $6,574,062 | $5,652,803 | $312,000 | 3 | $100,109 |
| 2022 | $14,450,665 | $8,158,806 | $3,434,867 | $41,000 | 6 | $3,509 |
| 2021 | $8,334,796 | $3,489,371 | $1,400,254 | $78,000 | 13 | $400 |
| 2020 | $5,666,466 | $1,121,359 | $1,271,365 | $179,847 | Total only | $71 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Nectar Community Investments Inc
Based on IRS filings
Nectar Community Investments Inc is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Nectar Community Investments Inc is led by Glynn Lloyd, Executive Director since 2024 (on filings since 2021); 5 of 19 officers listed in 2024 are compensated.
Officers on the 2024 filing
Glynn Lloyd
Executive Director
Executive Di → Executive Director, 2024
On filings since 2021
40 hrs/week
$46K (2022) → $214K (2024)
Malia Lazu
President
On filings since 2022
5 hrs/week
No compensation reported
Lissette Paukert
Residential Services Director
New on the 2024 filing
40 hrs/week
$100K (2024)
Abbott Lawrence
Director
On filings since 2020
5 hrs/week
No compensation reported
Arleen Zorrila
Outgoing Director
Director → Outgoing Director, 2024
On filings since 2020
5 hrs/week
No compensation reported
Kristen Harol
Outgoing Director
President → Assistant Cl, 2022
Assistant Cl → Outgoing Director, 2024
On filings since 2020
5 hrs/week
No compensation reported
Lisa Torissi
Outgoing Director
Director → Outgoing Director, 2024
On filings since 2020
5 hrs/week
No compensation reported
Michele Witts
Director
On filings since 2020
5 hrs/week
No compensation reported
Yun-Ju Choi
Outgoing Director
Clerk → Vice President, 2022
Vice President → Outgoing Director, 2024
On filings since 2020
5 hrs/week
No compensation reported
Matthew Hanson
Director
On filings since 2022
5 hrs/week
No compensation reported
Nancy Stager
Director
On filings since 2022
5 hrs/week
No compensation reported
Orlando Watkins
Director
On filings since 2022
5 hrs/week
No compensation reported
Quincy Miller
Director
On filings since 2022
5 hrs/week
No compensation reported
Daniel Rivera
Director
New on the 2024 filing
5 hrs/week
No compensation reported
Aaron Lackman
Commercial Lending
Commercial L → Commercial Lending, 2024
On filings since 2023
40 hrs/week
$103K (2023) → $112K (2024)
Alexandra Nova
COO
Senior Director Strat → COO, 2024
On filings since 2023
40 hrs/week
$122K (2023) → $143K (2024)
Dan Plowden
CFO
New on the 2024 filing
40 hrs/week
$151K (2024)
Abel Vargas
Clerk
Director → Clerk, 2022
On filings since 2020
5 hrs/week
No compensation reported
Lisa Kozol
Treasurer
V.p. & Treasurer → Treasurer, 2022
On filings since 2020
5 hrs/week
No compensation reported
Former officers (5)
- Former: Maria Natera (2020–2021) — Director
- Former: Waturu Matsuyasu (2020–2021) — Director
- Former: Francisco Carvalho (2020) — Executive Director T
- Former: Gregg Davis (2020) — Interim CEO
- Former: Vivian Hayder (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $214K, to Glynn Lloyd (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Nectar Community Investments Inc
How much does Nectar Community Investments Inc give each year?
Nectar Community Investments Inc gave $543K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $312K across 3 grants.
What is Nectar Community Investments Inc's typical grant size?
Nectar Community Investments Inc's median grant in 2024 was $68,083, and its average grant was $90,421, across 6 grants on its 2024 IRS Form 990.
Where does Nectar Community Investments Inc give grants?
Nectar Community Investments Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Nectar Community Investments Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Nectar Community Investments Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Business Support" (5 grants).
Who are Nectar Community Investments Inc's largest grantees?
Nectar Community Investments Inc's largest 2024 grantees include Archipelago Strategies Group Inc ($187,500), The Boston Foundation ($120,000) and Greater Lawrence Community Action Council Inc ($77,875), according to its 2024 IRS Form 990. Together they received 71% of its itemized 2024 grant dollars.
How large is Nectar Community Investments Inc?
Nectar Community Investments Inc reported $24.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.7M.
What is Nectar Community Investments Inc?
Nectar Community Investments Inc is a public charity focused on Housing & Shelter, based in Lawrence, MA. It holds $24.2M in total assets as of 2024.
What is Nectar Community Investments Inc's EIN?
Nectar Community Investments Inc's EIN (Employer Identification Number) is 04-3571892. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Nectar Community Investments Inc funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Nectar Community Investments Inc's focus areas in our free grants database
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