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
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$43.4M
+24.3% YoY
Revenue
$11.5M
+38.9% YoY
Net Investment Income
$859K
-147.3% YoY
Expenses
$8.9M
+3.3% YoY
About The Neighborhood Developers Inc
Based on IRS filings
The Neighborhood Developers Inc is a nonprofit organization focused on Housing & Shelter, based in CHELSEA, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43.4M in total assets. Net investment income was $859K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $43,371,059 | $34,897,155 | $36,512,492 |
| Revenue | $11,543,347 | $8,309,577 | $9,918,440 |
| Expenses | $8,949,973 | $8,665,749 | $9,032,159 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $858,600 | $-1,814,400 | $324,000 |
| Distributable Amount | — | — | — |
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
26 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 |
|---|---|---|---|
| ORLANDO JAQUEZ | DIRECTOR | 1 | — |
| GUADALUPE PANAMENO | DIRECTOR | 1 | — |
| MINA JLIL | DIRECTOR | 1 | — |
| KRISTEN JANJAR | DIRECTOR | 1 | — |
| PETER HOLLANDS | DIRECTOR | 1 | — |
| SEAN K MOCK | PROJECT MANAGER | 40 | $91,033 |
| KAVISH GHANDI | DIRECTOR | 1 | — |
| RAFAEL MARES | EXECUTIVE DIRECTOR | 40 | $247,473 |
| SANDY MAYNARD | SECRETARY | 1 | — |
| FAYE DOOKHARAN | PRESIDENT | 1 | — |
| DAKEYA CHRISTMAS | VICE PRESIDENT | 1 | — |
| CHARLENE BAUER | TREASURER | 1 | — |
| STEVEN LAFERRIERE | DIRECTOR OF RE DEVELOPMENT | 40 | $165,263 |
| CASSANDRA JEAN WITTHAUS | SENIOR PROJECT MANAGER | 40 | $125,065 |
| MARILYN SALGADO | DIRECTOR OF RESIDENT SERVICES | 40 | $114,174 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Neighborhood Developers Inc?
The Neighborhood Developers Inc is a nonprofit organization focused on Housing & Shelter, based in CHELSEA, MA. It holds $43.4M in total assets as of 2024.
How large is The Neighborhood Developers Inc?
As of 2024, The Neighborhood Developers Inc holds $43.4M in total assets with $11.5M in annual revenue.
Where does The Neighborhood Developers Inc operate?
The Neighborhood Developers Inc has awarded grants in Massachusetts, Michigan.
What is The Neighborhood Developers Inc's EIN?
The Neighborhood Developers Inc's EIN (Employer Identification Number) is 04-2660283. 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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