Massachusetts · Nonprofit
LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC
LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC (Massachusetts) receives grants from 6 organizations whose IRS filings report $2,108,375 to it, the largest being United Way Of Massachusetts Bay Inc ($2,046,375). 2 of them have funded it in more than one year.
- Revenue FY2024
- $406k
- Funders on record
- 6
- Grants received
- $2.1M
- Net assets
- $371k
What Lynn Housing Authority Development Group Inc does
Mission
Provide charitable assistance to the general public by providing affordable housing through the purchase, sale, renting and leasing of dwellings.
As stated on its FY2024 Form 990.
Programs
Rental assistance - a program to assist individuals and families to quickly regain stability in permanent housing after experiencing a housing crisis or homeliness, with two program components, homelessness prevention and repaid re-housing.
$332,151 spentof which $312,704 as grants49% of program spendingFinancial counseling - the financial coaching program is designed to help families/individuals have a better understanding of one's finances, leading to financial stability. The financial coaching program provides regular one-on-one and workshop sessions with clients in order to guide clients to meet their goals and financial independence. The financial coaching program is a united way supported program that can assist with credit building, credit repairing, budgeting, money management, debt collections, delinquent bills, debt consolidation, etc.
$104,910 spent15% of program spendingProject rise/ seimer program - a collaboration with lynn public schools working with families experiencing housing instability and have at least one child in lynn public schools. This program offers case management and coaching towards a family's housing and education goals. Financial and other material assistance, a two-generational approach to service delivery, and a strategic partnership with the school district and other localservice programs.
$195,257 spentof which $111,504 as grants29% of program spendingOther program services, not described on the e-filed return.
$51,966 spentof which $50,966 as grants8% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $684,284.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $478k to $367k (−23%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 57% · 2018 43% · 2019 40% · 2020 22% · 2021 46% · 2022 64% · 2023 53% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
99% of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Stephen Martin
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base narrowed from 4 funders to 2 funders, grant income fell $436k → $265k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC leans on a few funders — its largest provides 97% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC.
Largest funder’s share by year: 2020 90% · 2021 99% · 2022 100% · 2023 99% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC holds deeper cash reserves than three-quarters of the 7,828 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Government funding LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $579k on record.
- (PP) STATE AID/POL SUB$572k
- (MM) PURCHASED CLIENT/PROGRAM SVCS$8k
- (EE) ADMINISTRATIVE EXPENSES$100
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Lynn Housing Authority · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC?
- LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC (Massachusetts) receives grants from 6 organizations whose IRS filings report $2,108,375 to it, the largest being United Way Of Massachusetts Bay Inc ($2,046,375). 2 of them have funded it in more than one year.
- How many funders does LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC have?
- IRS filings report 6 organizations giving $2,108,375 in grants to LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC, 2 of which have funded it in more than one year.
- Who is the largest funder of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC?
- United Way Of Massachusetts Bay Inc is the largest funder on record, with $2,046,375 in grants. The full list of funders is on this page.
- How can an organization like LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing