Massachusetts · Nonprofit
THE SOMERVILLE COMMUNITY CORPORATION INC
THE SOMERVILLE COMMUNITY CORPORATION INC (Massachusetts) receives grants from 28 organizations whose IRS filings report $2,233,574 to it, the largest being Metro North Regional Employment Board ($488,623). 17 of them have funded it in more than one year.
- Revenue FY2024
- $5.8M
- Funders on record
- 28
- Grants received
- $2.2M
- Net assets
- $-3934391
What The Somerville Community Corporation Inc does
Mission
The somerville community corporation (scc) is a membership organization that provides leadership for sustaining the city of somerville as a vibrant, diverse and tolerant community. We offer services and lead community organizing that supports low- and moderate-income somerville residents in their efforts to achieve economic sustainability and increase civic participation.building on our fifty years of history, today we envision a somerville where families and individuals from many diverse backgrounds and cultures enjoy equitable access to secure housing, jobs, economic stability, and opportunities for leadership and active engagement.
As stated on its FY2024 Form 990.
Programs
Rental programs - six of scc's rental housing developments are owned directly by scc: the 12 one and two-bedroom units at 110 walnut street; the 6 three-bedrooom units at 190 gilman street; the 18 two, three and four bedroom units at 33 bow street; the 14 single room occupancy units on sewall street; the 42 units at linden street apartments; and the 8 one and two-bedroom units at 75 cross street. All of scc's rental properties, including 165 units owned through llc's, are managed by wingate management company, under contract with scc.
$3,863,566 spent$3,460,322 earned by the program76% of program spendingAffordable housing real estate developmentscc owns and operates over 340 units of rental housing and more than 9,000 square feet of commercial space comprising four commercial units, which are leased to a healthcare clinic, dentist, daycare center and variety store.the 340 units were developed with low income housing tax credit equity and various combinations of affordable housing financing from the commonwealth of massachusetts, the city of somerville's affordable housing trust and community preservation act funds and federal resources such as mckinney-vento homeless act, and home investment partnership program funds.in may 2023 somerville community corporation with its partner poah had a groundbreaking to preserve 80 units and building 80 new affordable housing units. We also started the pre-development process to preserve 61 units at bow street and linden street apartments.
$307,656 spent$924,883 earned by the program6% of program spendingEconomic opportunityscc's financial literacy, asset building, and first source career counseling help people find good jobs, build wealth, and find financial stability. We also offer training in digital literacy and computer basics.the first source jobs program helps local job seekers gain the skills they need to establish a career pathway resulting in good jobs, career growth, and economic resiliency. We offer 1:1 career coaching, job readiness training, esl, and computer literacy support.our financial literacy classes help people better understand debt, banking, credit, and how to save. Our popular first-time buyer classes help people better understand the often-intimidating process of saving for and purchasing a home, as well as how to access programs that can make doing so more accessible.in 2023, we served:workforce development: 293job placements: 63financial coaching: 29homebuyer graduates: 237
$928,749 spent18% of program spendingCommunity organizing - scc helps to make somerville more livable, sustainable, and inclusive by increasing and diversifying housing options, as well as organizing in the community around affordable housing policies. In 2022, we organized around the following initiatives:-we continue to support the real estate transfer fee in hopes of passing this local rule petition that can provide affordable housing funds to the city of somerville-we have supported efforts with the city's office of housing stability to provide affordable housing units for the newly created municipal rental voucher program.-we continue to add our name to support topa (tenant's opportunity and protection act)-we created a resident advisory committee that supports the voices of our residents by meeting bi-monthly with staff and board members to discuss issues around their residency with scc.-assisted 20+ residents with obtaining rental assistance
$9,386 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,109,357.
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 2019 to 2020, from $44M to $58M (+31%).
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 27% · 2019 24% · 2020 9% · 2021 21% · 2022 4% · 2023 10% · 2024 13%. Grants only. Government contracts and fees sit inside program revenue.
21% of THE SOMERVILLE COMMUNITY CORPORATION INC’s revenue is contributions — about as donation-reliant as the typical peer (61% 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
Gonzalo Puigbo
CEO
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 10 funders, grant income rose $202k → $212k.
8 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% 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 THE SOMERVILLE COMMUNITY CORPORATION INC’s funders (the co-funder graph). Top 27 of 28 funders by total. 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
THE SOMERVILLE COMMUNITY CORPORATION INC has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
66% 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 THE SOMERVILLE COMMUNITY CORPORATION INC.
Largest funder’s share by year: 2017 30% · 2018 35% · 2019 24% · 2020 27% · 2021 23% · 2022 34% · 2023 24% — 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
43% of THE SOMERVILLE COMMUNITY CORPORATION INC's funders are still giving 3 years after their first grant; 61% 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
92% of THE SOMERVILLE COMMUNITY CORPORATION 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. $322k arriving through sponsors registered in 6 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
THE SOMERVILLE COMMUNITY CORPORATION INC has grown faster than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding THE SOMERVILLE COMMUNITY CORPORATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $379k on record.
- (PP) STATE AID/POL SUB$357k
- (JJ) OPERATIONAL SERVICES$22k
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 THE SOMERVILLE COMMUNITY CORPORATION 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
89% of spending goes to programs.
Governance
Public support
98%
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 23 related entities
- Walnut Street Apartment LLC · disregarded
- 109 Gilman Street LLC · disregarded
- 75 Cross Street LLC · disregarded
- St Polycarp Redevelopment LLC · disregarded
- Somerville Homeownership LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for THE SOMERVILLE COMMUNITY CORPORATION 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 THE SOMERVILLE COMMUNITY CORPORATION INC?
- THE SOMERVILLE COMMUNITY CORPORATION INC (Massachusetts) receives grants from 28 organizations whose IRS filings report $2,233,574 to it, the largest being Metro North Regional Employment Board ($488,623). 17 of them have funded it in more than one year.
- How many funders does THE SOMERVILLE COMMUNITY CORPORATION INC have?
- IRS filings report 28 organizations giving $2,233,574 in grants to THE SOMERVILLE COMMUNITY CORPORATION INC, 17 of which have funded it in more than one year.
- Who is the largest funder of THE SOMERVILLE COMMUNITY CORPORATION INC?
- Metro North Regional Employment Board is the largest funder on record, with $488,623 in grants. The full list of funders is on this page.
- How can an organization like THE SOMERVILLE COMMUNITY CORPORATION 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 Somerville →
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 28 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