The Neighborhood Developers Inc
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
The Neighborhood Developers Inc at a glance
In short: The Neighborhood Developers Inc gave $283K across 4 grants in 2024 (avg $71K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $282,848
- +2.4% vs 2023
- Grants made (2024)
- 4
- -20.0% vs 2023
- Average grant
- $70,712
- +27.9% vs 2023
- Median grant
- $33,465
- Total assets
- $43,371,059
- +24.3% 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 The Neighborhood Developers Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was La Colaborativa ($191K). Together the top 4 received $283K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 17 grants of 30 (57%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How The Neighborhood Developers Inc gives
- Giving grew 69% 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 2019 to 2024, annual grant giving ranged from $74K (2019) to $424K (2022). In 2024 it made 4 grants totaling $283K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| La Colaborativa Chelsea, MA | Rental Assistance Application Prep | $190,918 |
| Women Encouraging Empowerment Inc Revere, MA | Workforce Development | $37,500 |
| Revere Community School Revere, MA | Workforce Development | $29,430 |
| Macir Inc Boston, MA | Workforce Development | $25,000 |
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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 | $43,371,059 | $11,543,347 | $8,949,973 | $282,848 | 4 | $858,600 |
| 2023 | $34,897,155 | $8,309,577 | $8,665,749 | $276,347 | 5 | $-1,814,400 |
| 2022 | $36,512,492 | $9,918,440 | $9,032,159 | $424,113 | 9 | $324,000 |
| 2021 | $68,146,151 | $7,961,454 | $7,248,881 | $167,017 | 6 | $324,000 |
| 2020 | $37,483,372 | $6,003,796 | $5,855,525 | $350,109 | 6 | — |
| 2019 | $32,389,174 | $4,435,186 | $3,940,528 | $73,577 | 3 | $111,199 |
About The Neighborhood Developers Inc
Based on IRS filings
The Neighborhood Developers Inc is a public charity focused on Housing & Shelter, based in Chelsea, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $43.4M in total assets. In 2024, it awarded 4 grants totaling $283K. Net investment income was $859K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Neighborhood Developers Inc is led by Rafael Mares, Executive Director on every filing since 2019; 5 of 15 officers listed in 2024 are compensated.
Officers on the 2024 filing
Rafael Mares
Executive Director
On filings since 2019
40 hrs/week
$168K (2021) → $247K (2024)
Faye Dookharan
President
Director → President, 2023
On filings since 2019
1 hr/week
No compensation reported
Steven Laferriere
Director of Re Development
Director of Real Estate → Director of Re Development, 2022
On filings since 2020
40 hrs/week
$117K (2022) → $165K (2024)
Marilyn Salgado
Director of Resident Services
New on the 2024 filing
40 hrs/week
$114K (2024)
Kristen Janjar
Director
Secretary → Clerk, 2022
Clerk → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Mina Jlil
Director
On filings since 2019
1 hr/week
No compensation reported
Peter Hollands
Director
Vice President → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Guadalupe Panameno
Director
On filings since 2020
1 hr/week
No compensation reported
Orlando Jaquez
Director
On filings since 2022
1 hr/week
No compensation reported
Kavish Ghandi
Director
New on the 2024 filing
1 hr/week
No compensation reported
Cassandra Jean Witthaus
Senior Project Manager
On filings since 2023
40 hrs/week
$105K (2023) → $125K (2024)
Sean K. Mock
Project Manager
New on the 2024 filing
40 hrs/week
$91K (2024)
Charlene Bauer
Treasurer
Director → Treasurer, 2020
On filings since 2019
1 hr/week
No compensation reported
Dakeya Christmas
Vice President
Director → Vice President, 2023
On filings since 2019
1 hr/week
No compensation reported
Sandy Maynard
Secretary
Director → Clerk, 2023
Clerk → Secretary, 2024
On filings since 2021
1 hr/week
No compensation reported
Former officers (17)
- Former: Alice Murillo (2019–2023) — Director
- Former: Zixiao Yin (2023) — Senior Project Manager
- Former: Leslie Adrich (2020–2022) — Director
- Former: Kavish Gandhi (2021–2022) — Director
- Former: William H. Willis (2019–2021) — Director
- Former: Christine Torres (2020–2021) — Director
- Former: Mirna Diaz (2020–2021) — Director
- Former: Nancy Turner (2019–2020) — Senior Vice President of Resource Development
- Former: Sherree Capello (2019–2020) — Financial Controller
- Former: William Gordon (2019–2020) — Senior Vice President of Real Estate
- Former: William Morrison (2019–2020) — Chief Financial Officer
- Former: Ann Houston (2019) — Former Executive Director
- Former: Krystyna Dougert (2019) — Former CFO
- Former: Mary Coonan (2019) — Senior Vice President of Data & Evaluation
- Former: Michael Martin (2019) — Director
- Former: Monica Dean (2019) — Vice President of Resident Services
- Former: Techrosette Leng (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "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 $247K, to Rafael Mares (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about The Neighborhood Developers Inc
How much does The Neighborhood Developers Inc give each year?
The Neighborhood Developers Inc gave $283K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $276K across 5 grants.
What is The Neighborhood Developers Inc's typical grant size?
The Neighborhood Developers Inc's median grant in 2024 was $33,465, and its average grant was $70,712, across 4 grants on its 2024 IRS Form 990.
Where does The Neighborhood Developers Inc give grants?
The Neighborhood Developers Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Revere, MA (2 grants).
Does The Neighborhood Developers Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The Neighborhood Developers Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Workforce Development" (3 grants).
How large is The Neighborhood Developers Inc?
The Neighborhood Developers Inc reported $43.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.5M.
What is The Neighborhood Developers Inc?
The Neighborhood Developers Inc is a public charity focused on Housing & Shelter, based in Chelsea, MA. It holds $43.4M in total assets as of 2024.
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 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 30, 2020)
- 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 February 13, 2024)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 3, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 2020–2024
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