Massachusetts · Public charity
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.
- $585k
- Granted FY2024(still arriving)
- 6
- Itemized grants FY2024
- 2
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $543k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $77,875
- Largest grant, FY2024
- $187,500
- Organizations funded a year
- 1 to 96
- FY2018 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $24M
How open it is to new grantees
In FY2023, 100% of the organizations Nectar Community Investments Inc funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $192k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 5 | $423k | 100% |
| FY2023 | 2 | $192k | 100% |
| FY2022 | 6 | $41k | 100% |
| FY2021 | 13 | $78k | 100% |
| FY2019 | 96 | $768k | 100% |
| FY2018 | 1 | $6k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.
Top grantees
Largest recipients by total granted, FY2018 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Archipelago Strategies Group Inc | $187,500 | 1 | n/a |
| Tle Center for Urban Entrepreneurship | $150,000 | 1 | 53% |
| Greater Lawrence Community Action Council Inc | $77,875 | 1 | 0% |
| All in Energy Inc | $58,291 | 1 | 2% |
| Tbm Consulting | $53,359 | 1 | n/a |
| Abode Energy Management | $45,502 | 1 | n/a |
| Entrepreneurship for All Inc | $42,000 | 1 | 0% |
| Moderno Appliance and Furniture | $17,000 | 1 | n/a |
| Pronto Pizza | $16,253 | 1 | n/a |
| Evolution Beauty Supply & Salon | $16,000 | 1 | n/a |
Show all 40 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Archipelago Strategies Group Inc | $187,500 | 1 | n/a |
| Tle Center for Urban Entrepreneurship | $150,000 | 1 | 53% |
| Greater Lawrence Community Action Council Inc | $77,875 | 1 | 0% |
| All in Energy Inc | $58,291 | 1 | 2% |
| Tbm Consulting | $53,359 | 1 | n/a |
| Abode Energy Management | $45,502 | 1 | n/a |
| Entrepreneurship for All Inc | $42,000 | 1 | 0% |
| Moderno Appliance and Furniture | $17,000 | 1 | n/a |
| Pronto Pizza | $16,253 | 1 | n/a |
| Evolution Beauty Supply & Salon | $16,000 | 1 | n/a |
| Mi Pais Market Inc | $10,198 | 1 | n/a |
| Small Blessing Child Care Inc | $9,000 | 1 | n/a |
| Third Eye Beauty Esthetics | $8,000 | 1 | n/a |
| Jerez Electronics LLC | $6,000 | 1 | n/a |
| Dovetail Distributors LLC | $6,000 | 1 | n/a |
| V & V Market Inc | $6,000 | 1 | n/a |
| Peachbox LLC | $6,000 | 1 | n/a |
| Pollo Centro | $6,000 | 1 | n/a |
| Dglamour Art Decorations Inc | $6,000 | 1 | n/a |
| Cemetery Services Inc | $6,000 | 1 | n/a |
| A&J Demolition Services Corp | $6,000 | 1 | n/a |
| Bocaditos LLC | $6,000 | 1 | n/a |
| Regas Grill | $6,000 | 1 | n/a |
| Obas Enterprise LLC | $6,000 | 1 | n/a |
| Coco's Cafe & Catering LLC | $6,000 | 1 | n/a |
| Union Supermarket Inc | $6,000 | 1 | n/a |
| The Pink House Beauty Nails | $6,000 | 1 | n/a |
| Southwick Social Ventures Ltd | $6,000 | 1 | n/a |
| Glowing Beauty & Co Inc | $6,000 | 1 | n/a |
| Hugo Books Inc | $6,000 | 1 | n/a |
| Decarolis Brothers Cyclists LLC | $6,000 | 1 | n/a |
| Daily Dose Cafe | $6,000 | 1 | n/a |
| Spicket River Brewery | $6,000 | 1 | n/a |
| Paula Express Corp | $6,000 | 1 | n/a |
| Brany Transmission World | $6,000 | 1 | n/a |
| La Cibaena Bakery Inc | $6,000 | 1 | n/a |
| Popular Market Inc | $5,800 | 1 | n/a |
| Beta O Fitness LLC | $5,400 | 1 | n/a |
| L Lawrence Store LLC | $5,400 | 1 | n/a |
| Hayes Tavern Ventures LLC | $5,200 | 1 | n/a |
Plus 83 recipients with no EIN on record ($656k), not named here.
About Nectar Community Investments Inc
- How much does Nectar Community Investments Inc give?
- Nectar Community Investments Inc reported 6 itemized grants totaling $542,527, out of $584,650 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 96 organizations a year over FY2018 to FY2023.
- What does Nectar Community Investments Inc fund?
- By grant dollars over FY2018 to FY2024, its largest causes are Community Improvement (43%), Housing & Shelter (33%), Philanthropy (11%).
- Who are Nectar Community Investments Inc's largest grantees?
- By total granted over FY2018 to FY2024: Archipelago Strategies Group Inc ($188k), Tle Center for Urban Entrepreneurship ($150k), Greater Lawrence Community Action Council Inc ($78k).
- Does Nectar Community Investments Inc fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Where is Nectar Community Investments Inc based?
- Nectar Community Investments Inc is based in MA.
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