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Massachusetts · Nonprofit

RURAL DEVELOPMENT INC

RURAL DEVELOPMENT INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $102,441 to it, the largest being CHARLESBANK HOMES ($50,000). 0 of them have funded it in more than one year.

Revenue FY2024
$768k
Funders on record
3
Grants received
$102k
Net assets
$749k
0/3 repeat funderspeak grant-dependency 6%
01What it does

What Rural Development Inc does

Mission

It is the mission of rdi to advance the right of all people in franklin county and the north quabbin region to occupy environmentally responsible, energy efficient, affordable housing and to improve economic independence. Further, rdi strives to promote environmental awareness and to operate in a manner that is respectful of the rural character of our region.

As stated on its FY2024 Form 990.

Program

  1. Affordable housing - this program offers twenty-six units of affordable housing to low to moderate income persons in ashfield and orange massachusetts.

    $421,752 spent$506,955 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $421,752.

02The organization over time

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.

100 = 20172017 Revenue 100 ($409k) Expenses 100 ($531k) Net assets 100 ($1.1M)2018 Revenue 80 ($329k) Expenses 106 ($562k) Net assets 78 ($821k)2019 Revenue 74 ($302k) Expenses 109 ($576k) Net assets 52 ($547k)2020 Revenue 72 ($293k) Expenses 87 ($461k) Net assets 36 ($378k)2021 Revenue 393 ($1.6M) Expenses 147 ($783k) Net assets 114 ($1.2M)2022 Revenue 103 ($420k) Expenses 150 ($799k) Net assets 78 ($825k)2023 Revenue 85 ($347k) Expenses 65 ($345k) Net assets 76 ($806k)2024 Revenue 188 ($768k) Expenses 155 ($825k) Net assets 71 ($749k)
'17'18'19'20'21'22'23'24
Revenue (188)Expenses (155)Net assets (71)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $13M to $3.5M (−74%).

$3.7M
$3.6M
$3.4M
$3.5M
$6.0M
$13M
$3.5M
$3.5M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 37%. Grants only. Government contracts and fees sit inside program revenue.

33% of RURAL DEVELOPMENT INC’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$122k
’17
−$234k
’18
−$275k
’19
−$168k
’20
$825k
’21
−$378k
’22
$3k
’23
−$57k
’24
13
months of
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

Gina Govoni

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed99109101199
Joined·+0+2+0+1+1+0+0
No longer listed·0110020
03Who funds it

Who funds it, year by year

2020 → 2021: the base broadened from 1 funder to 2 funders, grant income rose $2k → $100k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% 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 RURAL DEVELOPMENT 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

RURAL DEVELOPMENT INC leans on a few funders — its largest provides 49% of grant income and the top three 100%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

51% 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 RURAL DEVELOPMENT INC.

49%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 50% — 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.

Where its funders are

100% of RURAL DEVELOPMENT INC's grant income comes from Massachusetts funders.

MA

In-state vs out-of-state, by year

’20
’21
Massachusetts out of state home

Funder states come from each funder’s own filing. $50k 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.

04Its place in the field

Against its field

RURAL DEVELOPMENT INC holds deeper cash reserves than three-quarters of the 7,828 housing & shelter nonprofits its size.

Operating margin−7% · below the median
Months of reserve12.8mo · top quartile
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024

Government funding RURAL DEVELOPMENT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $364k on record.

State$364k
22
23
24
25
Top programs
  • (PP) STATE AID/POL SUB$364k

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 RURAL DEVELOPMENT 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

51% of spending goes to programs.

Program 51%Management 49%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 10 related entities

  • Ashfield House LLC · disregarded
  • P & G LLC · disregarded
  • Rural Homes LLC · disregarded
  • Wisdom Way Solar Village LLC · disregarded
  • Crocker Cutlery Limited Partnership · partnership

Screen this organization

A dated, signed PDF of the compliance screen for RURAL DEVELOPMENT 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.

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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 RURAL DEVELOPMENT INC?
RURAL DEVELOPMENT INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $102,441 to it, the largest being CHARLESBANK HOMES ($50,000). 0 of them have funded it in more than one year.
How many funders does RURAL DEVELOPMENT INC have?
IRS filings report 3 organizations giving $102,441 in grants to RURAL DEVELOPMENT INC.
Who is the largest funder of RURAL DEVELOPMENT INC?
CHARLESBANK HOMES is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like RURAL DEVELOPMENT 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.

Play a game about who funds Rural Development →

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 3 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