Massachusetts · Nonprofit
NUESTRA COMUNIDAD DEVELOPMENT CORP
NUESTRA COMUNIDAD DEVELOPMENT CORP (Massachusetts) receives grants from 16 organizations whose IRS filings report $5,629,803 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,251,000). 11 of them have funded it in more than one year.
- Revenue FY2024
- $5.3M
- Funders on record
- 16
- Grants received
- $5.6M
- Net assets
- $8.5M
What Nuestra Comunidad Development Corp does
Mission
Nuestra comunidad is devoted to building the wealth and enhancing the physical, economic, and social well-being of roxbury and other underserved populations in greater boston through a community-driven process that promotes self-sufficiency and neighborhood well-being of roxbury and other underserved populations in greater boston through a community-driven process that promotes self-sufficiency and neighborhood revitalization.a non-profit small business, nuestra is one of boston's oldest and most successful community development corporations. Since 1981, nuestra has been a catalyst in the redevelopment of the dudley square, roxbury, and north dorchester neighborhoods. Led by a community-based board, nuestra is in the business of creating communities of opportunity and equity for residents and businesses, where they can have a stable home, increase their income, improve neighborhood health and gain wealth.
As stated on its FY2024 Form 990.
Programs
Real estate development line of business:the real estate development program adds to or preserves the inventory of affordable housing in boston's undeserved neighborhoods of roxbury, dorchester and mattapan either by developing new properties or by rehabilitating existing properties. Often these are mixed-use properties where the agency also adds or preserves retail and othercommercial space to enhance the vitality of the neighborhoods served.in addition, projects offering retail or commercial space areoccasionally undertaken. The agency provides opportunities forresidents to acquire assets and build equity by developinghomeownership housing. In addition, the agency plans to develop some market-rate housing as a community desired complement to the neighborhoods' affordable housing. The agency's theory of change is providing stable, affordable, high quality rental housing, whichcreates a platform for long-term success, including improved educational and economic outcomes.
$948,891 spentof which $38,209 as grants$613,927 earned by the program22% of program spendingAsset management and resident services lines of business: the asset management program creates action plans tailored for each rental property detailing the key challenges facing the property and the strategy for addressing these challenges. In recent years, the agency has refinanced first mortgages to take advantage of lower interest rates resulting in increased cash flow and freeing up resources for needed repairs and essential resident services. The agency seeks out capital funds for needed repairs and raises funds from each property's reserves and cash flow for these repairs. During the year ended december 31, 2024, asset management activity accounted for approximately 1% of total program expenditures.the resident services program focuses on the residents, both living in the agency's properties and the surrounding underserved neighborhoods by providing community building services that help residents improve the quality of life for their households and their neighborhoods and simultaneously develop neighborhood residents' capacity to lead community development. Outcomes include empowering residents to have pride in their community, and that sustainable businesses meet the needs…
$1,504,225 spent$143,356 earned by the program35% of program spendingCommunity engagement and housing lines of business: the community building program provides counseling to homeowners and prospective homeowners in particular, and also, more generally, to underserved populations who wish to learn and augment their financial skills and knowledge to achieve identified goals. These programs include first-time homebuyer education and counseling, home equity conversion mortgage or reverse mortgage counseling, foreclosure prevention counseling, and financial education and counseling. In addition, it fosters community leadership and supports community members to have a decisive voice in shaping the future of our communities.
$145,355 spent3% of program spendingRental properties - the rental properties through 2024, nuestra comunidad owned and managed 877 residential apartments that provide an affordable home for low-and-moderate-income individuals and families. A Nuestra Comunidad Development Corp third party vendor, winn residential, provides property management services on our behalf and works closely with asset management and winn connected communities resident services teams to ensure that our properties provide residents with a high-quality affordable home. Nuestra's properties also include 38 commercial spaces providing affordable rents for boston businesses.
$1,702,576 spent$3,096,437 earned by the program40% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,301,047.
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 $37M to $31M (−18%).
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 22% · 2018 24% · 2019 2% · 2020 2% · 2021 7% · 2022 9% · 2023 14% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.
26% of NUESTRA COMUNIDAD DEVELOPMENT CORP’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 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.
Chief executive
Evelyn Friedman
Interim executive director
Board chair
Donna M Cramer
Board president
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 9 funders, grant income rose $501k → $889k.
3 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 NUESTRA COMUNIDAD DEVELOPMENT CORP’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
NUESTRA COMUNIDAD DEVELOPMENT CORP leans on a few funders — its largest provides 58% of grant income and the top three 79%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
82% 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 NUESTRA COMUNIDAD DEVELOPMENT CORP.
Largest funder’s share by year: 2017 58% · 2018 56% · 2019 63% · 2020 71% · 2021 46% · 2022 53% · 2023 44% — diversifying over time.
“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.
How long its funders stay
50% of NUESTRA COMUNIDAD DEVELOPMENT CORP's funders are still giving 3 years after their first grant; 69% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NUESTRA COMUNIDAD DEVELOPMENT CORP draws 72% of its grant income from funders outside Massachusetts, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $314k arriving through sponsors registered in 3 states 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
NUESTRA COMUNIDAD DEVELOPMENT CORP's funding base is broadening — from 6 funders to 9 as grant income climbed.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Government funding NUESTRA COMUNIDAD DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $488k on record.
- Department of Health and Human Services$488k
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 NUESTRA COMUNIDAD DEVELOPMENT CORP
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
67% of spending goes to programs.
Governance
Public support
96%
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 61 related entities
- 109 Mount Pleasant LLC · disregarded
- 20 Alaska Street LLC · disregarded
- Dartmouth Commercial LLC · disregarded
- Harlow Howard LLC · disregarded
- Infill 2 LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for NUESTRA COMUNIDAD DEVELOPMENT CORP: 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 NUESTRA COMUNIDAD DEVELOPMENT CORP?
- NUESTRA COMUNIDAD DEVELOPMENT CORP (Massachusetts) receives grants from 16 organizations whose IRS filings report $5,629,803 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,251,000). 11 of them have funded it in more than one year.
- How many funders does NUESTRA COMUNIDAD DEVELOPMENT CORP have?
- IRS filings report 16 organizations giving $5,629,803 in grants to NUESTRA COMUNIDAD DEVELOPMENT CORP, 11 of which have funded it in more than one year.
- Who is the largest funder of NUESTRA COMUNIDAD DEVELOPMENT CORP?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,251,000 in grants. The full list of funders is on this page.
- How can an organization like NUESTRA COMUNIDAD DEVELOPMENT CORP 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 16 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 22, 2026. What this page cannot tell you · view filing