Nichols Village Inc is a private foundation focused on Housing & Shelter, based in GROVELAND, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45.0M in total assets. In 2024, it made $5.9M in qualifying distributions. Net investment income was $166K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.0M
-0.9% YoY
Revenue
$7.0M
+2.0% YoY
Qualifying Distributions
$5.9M
-3.9% YoY
Expenses
$7.4M
-2.5% YoY
Under IRS private-foundation payout rules, Nichols Village Inc reported a distributable amount of $280K for 2024 — the minimum it must pay out in qualifying distributions.
About Nichols Village Inc
Based on IRS filings
Nichols Village Inc is a private foundation focused on Housing & Shelter, based in GROVELAND, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45.0M in total assets. In 2024, it made $5.9M in qualifying distributions. Net investment income was $166K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,964,077 | $45,349,956 | $45,964,813 |
| Revenue | $7,035,959 | $6,895,574 | $6,201,201 |
| Expenses | $7,445,868 | $7,638,258 | $6,811,718 |
| Qualifying Distributions | $5,853,914 | $6,092,402 | $5,295,399 |
| Net Investment Income | $166,081 | $136,656 | $23,063 |
| Distributable Amount | $279,835 | $361,457 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD CAMMETT JR | PRESIDENT/TREASURER/DIRECTOR | 2 | — |
| LISA HAYDEN | CLERK/DIRECTOR | 0.5 | — |
| SUSAN CAMMETT | DIRECTOR | 0.5 | — |
| JANICE LANE | DIRECTOR | 0.5 | — |
| STEPHEN HAYDEN | DIRECTOR | 0.5 | — |
| JOANNE HAYDEN | DIRECTOR | 0.5 | — |
| DAVID CAMMETT | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nichols Village Inc?
Nichols Village Inc is a private foundation focused on Housing & Shelter, based in GROVELAND, MA. It holds $45.0M in total assets as of 2024.
How large is Nichols Village Inc?
As of 2024, Nichols Village Inc holds $45.0M in total assets with $7.0M in annual revenue.
How much is Nichols Village Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nichols Village Inc reported a distributable amount of $280K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nichols Village Inc's EIN?
Nichols Village Inc's EIN (Employer Identification Number) is 04-3578370. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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