Massachusetts · Nonprofit
SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION
SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION (Massachusetts) receives grants from 11 organizations whose IRS filings report $728,401 to it, the largest being United Way Of Massachusetts Bay Inc ($499,799). 5 of them have funded it in more than one year.
- Revenue FY2024
- $2.8M
- Funders on record
- 11
- Grants received
- $728k
- Net assets
- $15M
What South Boston Neighborhood Development Corporation does
Mission
South boston ndc seeks to improve the quality of life in the neighborhood by preserving and creating affordable housing and by addressing issues that affect resident health and the livability of south boston.south boston ndc was established to:ensure that the development and use of available land meets the desires of south boston residents and preserves and improves the residential quality of south boston's neighborhoods.participate in partnerships with local human service providers to coordinate the provision of affordable housing and services.increase the permanent job opportunities for south boston residents by encouraging and initiating economic development projects.foster an environment free of prejudice and discrimination in south boston so that all residents may attain peaceful and safe enjoyment of their homes and neighborhood.participate with south boston businesses and financial institutions to facilitate the creation of affordable housing and job opportunities.
As stated on its FY2024 Form 990.
Program
Management of affordable housing. This involves rehab of units as well as renting and maintaining affordable housing.
$1,959,387 spent$2,404,548 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,959,387.
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 2022 to 2023, from $18M to $26M (+46%).
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: 2020 3% · 2022 2% · 2023 2% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.
15% of SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 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
Donna Brown
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income fell $98k → $42k.
3 of 11 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 SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION’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
SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION leans on a few funders — its largest provides 69% of grant income and the top three 86%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
88% 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 SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 100% · 2018 99% · 2019 76% · 2020 90% · 2021 97% · 2022 52% · 2023 91% — 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
40% of SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 45% 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
87% of SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $46k 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
SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION has grown faster than three-quarters of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Organizations like SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION
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
84% of spending goes to programs.
Governance
Public support
97%
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 3 related entities
- 376 West Fourth LLC · disregarded
- Sbndc Woodward LLC · disregarded
- McDevitt Senior Homes LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION: 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 SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION?
- SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION (Massachusetts) receives grants from 11 organizations whose IRS filings report $728,401 to it, the largest being United Way Of Massachusetts Bay Inc ($499,799). 5 of them have funded it in more than one year.
- How many funders does SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION have?
- IRS filings report 11 organizations giving $728,401 in grants to SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION, 5 of which have funded it in more than one year.
- Who is the largest funder of SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION?
- United Way Of Massachusetts Bay Inc is the largest funder on record, with $499,799 in grants. The full list of funders is on this page.
- How can an organization like SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION 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 South Boston Neighborhood 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 11 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