AI Summary
FRIENDS DEVELOPMENT CORPORATION is a nonprofit organization focused on housing rehabilitation and development. With an operating budget of $255.7K and total revenue of $225.3K for the 2025 filing year, it significantly relies on funding from FRIENDS OF BOSTON'S HOMELESS INC, which contributes $2.3M. The organization's mission is centered on improving housing conditions, reflecting its commitment to community development and support.
Mission Statement
STATEMENT 1 AT SCHEDULE O
Cause Areas
2
Housing development
Housing rehabilitation
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Charity Verification Snapshot
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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Funder
Total Funding
Funding Share
FRIENDS OF BOSTON'S HOMELESS INC
Beverly, MA, US
$825.4K
36%
Frequently Asked Questions
What is FRIENDS DEVELOPMENT CORPORATION’s budget?
In 2025, FRIENDS DEVELOPMENT CORPORATION reported an annual operating budget of around $256 thousand. More detailed financial information is available to registered users.
What causes does FRIENDS DEVELOPMENT CORPORATION support?
FRIENDS DEVELOPMENT CORPORATION supports work in Housing development and Housing rehabilitation.
Where does FRIENDS DEVELOPMENT CORPORATION operate?
FRIENDS DEVELOPMENT CORPORATION is headquartered in BOSTON, MA.
Who funded FRIENDS DEVELOPMENT CORPORATION recently?
In 2025, FRIENDS DEVELOPMENT CORPORATION received grants from FRIENDS OF BOSTON'S HOMELESS INC, FRIENDS OF BOSTON'S HOMELESS INC, and FRIENDS OF BOSTON'S HOMELESS INC. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS DEVELOPMENT CORPORATION received in 2024?
The largest grant to FRIENDS DEVELOPMENT CORPORATION in 2024 exceeds $55 thousand.