Logo for "THE NEIGHBORHOOD DEVELOPERS, INC."

THE NEIGHBORHOOD DEVELOPERS, INC.

THE NEIGHBORHOOD DEVELOPERS, INC.

CHELSEA, MA, US
a.k.a TND
501(c)(3)
EIN
04-2660283
Regional Funder
Women Led
BIPOC Led
Logo for "THE NEIGHBORHOOD DEVELOPERS, INC."

THE NEIGHBORHOOD DEVELOPERS, INC.

CHELSEA, MA, US
a.k.a TND
501(c)(3)
EIN
04-2660283
Regional Funder
Women Led
BIPOC Led

Overview

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Est.

1978

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Neighborhood Developers, Inc. (TND) is a nonprofit organization dedicated to fostering strong neighborhoods that empower community members to secure stable housing and achieve economic mobility. With an operating budget of $8.1 million and total revenue of $11.5 million, TND employs strategies in real estate development, community building, financial capabilities, and resident services to enhance family prosperity and promote social justice. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its comprehensive human services and economic development initiatives. For more information, visit www.theneighborhooddevelopers.org.

Mission Statement

THE MISSION OF THE NEIGHBORHOOD DEVELOPERS, INC. (TND) IS TO CREATE STRONG NEIGHBORHOODS ENABLING COMMUNITY MEMBERS TO SECURE A STABLE HOME, ACHIEVE ECONOMIC MOBILITY,AND DETERMINE THEIR OWN FUTURE. TND EMPLOYS FOUR INVESTMENT STRATEGIES TO BUILD STRONG AND JUST NEIGHBORHOODS: REAL ESTATE DEVELOPMENT TO EXPAND AFFORDABLE HOUSING INVENTORY AND BUILD EQUITABLE NEIGHBORHOODS; COMMUNITY BUILDING TO FOSTER LEADERSHIP DEVELOPMENT IN ORGANIZING FOR SELF ADVOCACY; FINANCIAL CAPABILITIES AND WORKFORCE DEVELOPMENT TO INCREASE FAMILY PROSPERITY, DELIVERED IN COLLABORATION WITH OUR CONNECT PARTNERS; AND RESIDENT SERVICES, SO THAT THE RESIDENTS OF TND PROPERTIES SUCCEED AT HOME, SCHOOL, WORK AND IN THE COMMUNITY.
Revenues

$11.5M

Expenses

$8.9M

Net Income:
+$2.6M
Assets

$43.4M

Liabilities

$29.3M

Net Assets:
+$14.1M
Operating Budget

$8.1M

Operating Budget by Year

Due Diligence

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IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

21

Median grant size
$30K
Largest grant received
$750K
G
Guadalupe Panameno
Board Member
S
Sandy Maynard
Board Member
S
Steven Laferriere
Employee

Frequently Asked Questions

What is THE NEIGHBORHOOD DEVELOPERS, INC.’s budget?
In 2024, THE NEIGHBORHOOD DEVELOPERS, INC. reported an annual operating budget of around $8.1 million. More detailed financial information is available to registered users.
What causes does THE NEIGHBORHOOD DEVELOPERS, INC. support?
THE NEIGHBORHOOD DEVELOPERS, INC. supports work in Community improvement, Economic development, Financial services, Housing development, Sustainable development, Social rights, Justice rights, Diversity and intergroup relations, Basic and emergency aid, Family services, Human services information, Job services, Elder housing, Housing services, and Immigrant services.
Where does THE NEIGHBORHOOD DEVELOPERS, INC. operate?
THE NEIGHBORHOOD DEVELOPERS, INC. is headquartered in CHELSEA, MA.
Who funded THE NEIGHBORHOOD DEVELOPERS, INC. recently?
In 2025, THE NEIGHBORHOOD DEVELOPERS, INC. received grants from GEORGE H & JANE A MIFFLIN MEMORIAL FUND, CHARLESBANK HOMES C/O BONANNO SAVINO DAVIES & GANLEY PC, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant THE NEIGHBORHOOD DEVELOPERS, INC. received in 2024?
The largest grant to THE NEIGHBORHOOD DEVELOPERS, INC. in 2024 exceeds $750 thousand.
Overview
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