Nonprofit · EIN 04-2741543
NUESTRA COMUNIDAD DEVELOPMENT CORP
Also known as DARTHMOUTH COMMERCIAL LLC
Tax-exempt · ROXBURY, MA 02119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $5,255,719 | $6,389,795 | -$1,134,076 | $30,559,988 | $22,045,855 | $8,514,133 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,364,719
- of which government grants
- $340,659
- Program service revenue
- $3,853,720
- Investment income
- $37,280
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $38,209
- Compensation of officers, directors and key employees
- $343,668
- Other salaries and wages
- $1,453,551
- Salaries, compensation and benefits (total)
- $1,950,081
- Professional fundraising fees
- $0
- Legal fees
- $19,701
- Accounting fees
- $126,062
- Occupancy
- $1,469,340
- Depreciation
- $318,679
- Program services (functional)
- $4,301,047
- Management and general (functional)
- $1,934,720
- Fundraising (functional)
- $154,028
Balance sheet and other
- Total assets, start of year
- $35,243,642
- Total assets, end of year
- $30,559,988
- Total liabilities, end of year
- $22,045,855
- Net assets, end of year
- $8,514,133
- Land, buildings and equipment
- $4,274,241
- Net assets without donor restrictions
- $2,707,498
- Net assets with donor restrictions
- $5,806,635
- Gross receipts
- $5,255,719
- Employees
- 13
- Volunteers
- 20
- Year formed
- 1981
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANE CLARK | DIRECTOR OF RE Highest-paid employee | 40 | $155,115 | $26,355 |
| N PAUL TONTHAT | FORMER EXECUTIVE DIRECTOR Officer | 40 | $148,168 | $15,363 |
| EVELYN FRIEDMAN | INTERIM EXECUTIVE DIRECTOR Officer | 40 | $40,385 | $5,247 |
| ALFONSO SIRA | BOARD CLERK Trustee or director, Officer | 1 | $0 | $0 |
| CHARISSA REED | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONNA M CRAMER | BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JAEAN CALIXTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOEL SKLAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH PANCHAMSINGH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KELVIN JUARBE | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARIA LATIMORE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REV FRANCISCO A TOLENTINO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT POLLACK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM ELSBREE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 190939, ROXBURY, MA 02119-0019
- Principal officer (990 for 2024)
- SALVATORE J BOSCO, PO BOX 190939, ROXBURY, MA 02119
- Signed the 990
- SALVATORE J BOSCO, ASSISTANT TREASURER
- Phone
- (617) 989-1223
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
NUESTRA COMUNIDAD IS DEVOTED TO BUILDING THE WEALTH AND ENHANCING THE PHYSICAL, ECONOMIC, AND SOCIAL WELL-BEING OF ROXBURY AND OTHER UNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVEN PROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD WELL-BEING OF ROXBURY AND OTHER UNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVEN PROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD REVITALIZATION.A NON-PROFIT SMALL BUSINESS, NUESTRA IS ONE OF BOSTON'S OLDEST AND MOST SUCCESSFUL COMMUNITY DEVELOPMENT CORPORATIONS. SINCE 1981, NUESTRA HAS BEEN A CATALYST IN THE REDEVELOPMENT OF THE DUDLEY SQUARE, ROXBURY, AND NORTH DORCHESTER NEIGHBORHOODS. LED BY A COMMUNITY-BASED BOARD, NUESTRA IS IN THE BUSINESS OF CREATING COMMUNITIES OF OPPORTUNITY AND EQUITY FOR RESIDENTS AND BUSINESSES, WHERE THEY CAN HAVE A STABLE HOME, INCREASE THEIR INCOME, IMPROVE NEIGHBORHOOD HEALTH AND GAIN WEALTH.
Program accomplishments
- REAL ESTATE DEVELOPMENT LINE OF BUSINESS:THE REAL ESTATE DEVELOPMENT PROGRAM ADDS TO OR PRESERVES THE INVENTORY OF AFFORDABLE HOUSING IN BOSTON'S UNDESERVED NEIGHBORHOODS OF ROXBURY, DORCHESTER AND MATTAPAN EITHER BY DEVELOPING NEW PROPERTIES OR BY REHABILITATING EXISTING PROPERTIES. OFTEN THESE ARE MIXED-USE PROPERTIES WHERE THE AGENCY ALSO ADDS OR PRESERVES RETAIL AND OTHERCOMMERCIAL SPACE TO ENHANCE THE VITALITY OF THE NEIGHBORHOODS SERVED.IN ADDITION, PROJECTS OFFERING RETAIL OR COMMERCIAL SPACE AREOCCASIONALLY UNDERTAKEN. THE AGENCY PROVIDES OPPORTUNITIES FORRESIDENTS TO ACQUIRE ASSETS AND BUILD EQUITY BY DEVELOPINGHOMEOWNERSHIP HOUSING. IN ADDITION, THE AGENCY PLANS TO DEVELOP SOME MARKET-RATE HOUSING AS A COMMUNITY DESIRED COMPLEMENT TO THE NEIGHBORHOODS' AFFORDABLE HOUSING. THE AGENCY'S THEORY OF CHANGE IS PROVIDING STABLE, AFFORDABLE, HIGH QUALITY RENTAL HOUSING, WHICHCREATES A PLATFORM FOR LONG-TERM SUCCESS, INCLUDING IMPROVED EDUCATIONAL AND ECONOMIC OUTCOMES.Expenses $948,891 · grants $38,209 · revenue $613,927
- ASSET MANAGEMENT AND RESIDENT SERVICES LINES OF BUSINESS: THE ASSET MANAGEMENT PROGRAM CREATES ACTION PLANS TAILORED FOR EACH RENTAL PROPERTY DETAILING THE KEY CHALLENGES FACING THE PROPERTY AND THE STRATEGY FOR ADDRESSING THESE CHALLENGES. IN RECENT YEARS, THE AGENCY HAS REFINANCED FIRST MORTGAGES TO TAKE ADVANTAGE OF LOWER INTEREST RATES RESULTING IN INCREASED CASH FLOW AND FREEING UP RESOURCES FOR NEEDED REPAIRS AND ESSENTIAL RESIDENT SERVICES. THE AGENCY SEEKS OUT CAPITAL FUNDS FOR NEEDED REPAIRS AND RAISES FUNDS FROM EACH PROPERTY'S RESERVES AND CASH FLOW FOR THESE REPAIRS. DURING THE YEAR ENDED DECEMBER 31, 2024, ASSET MANAGEMENT ACTIVITY ACCOUNTED FOR APPROXIMATELY 1% OF TOTAL PROGRAM EXPENDITURES.THE RESIDENT SERVICES PROGRAM FOCUSES ON THE RESIDENTS, BOTH LIVING IN THE AGENCY'S PROPERTIES AND THE SURROUNDING UNDERSERVED NEIGHBORHOODS BY PROVIDING COMMUNITY BUILDING SERVICES THAT HELP RESIDENTS IMPROVE THE QUALITY OF LIFE FOR THEIR HOUSEHOLDS AND THEIR NEIGHBORHOODS AND SIMULTANEOUSLY DEVELOP NEIGHBORHOOD RESIDENTS' CAPACITY TO LEAD COMMUNITY DEVELOPMENT. OUTCOMES INCLUDE EMPOWERING RESIDENTS TO HAVE PRIDE IN THEIR COMMUNITY, AND THAT SUSTAINABLE BUSINESSES MEET THE NEEDS OF COMMUNITY RESIDENTS AND ATTRACT OTHER BUSINESSES.Expenses $1,504,225 · revenue $143,356
- COMMUNITY ENGAGEMENT AND HOUSING LINES OF BUSINESS: THE COMMUNITY BUILDING PROGRAM PROVIDES COUNSELING TO HOMEOWNERS AND PROSPECTIVE HOMEOWNERS IN PARTICULAR, AND ALSO, MORE GENERALLY, TO UNDERSERVED POPULATIONS WHO WISH TO LEARN AND AUGMENT THEIR FINANCIAL SKILLS AND KNOWLEDGE TO ACHIEVE IDENTIFIED GOALS. THESE PROGRAMS INCLUDE FIRST-TIME HOMEBUYER EDUCATION AND COUNSELING, HOME EQUITY CONVERSION MORTGAGE OR REVERSE MORTGAGE COUNSELING, FORECLOSURE PREVENTION COUNSELING, AND FINANCIAL EDUCATION AND COUNSELING. IN ADDITION, IT FOSTERS COMMUNITY LEADERSHIP AND SUPPORTS COMMUNITY MEMBERS TO HAVE A DECISIVE VOICE IN SHAPING THE FUTURE OF OUR COMMUNITIES.Expenses $145,355
- RENTAL PROPERTIES - THE RENTAL PROPERTIES THROUGH 2024, NUESTRA COMUNIDAD OWNED AND MANAGED 877 RESIDENTIAL APARTMENTS THAT PROVIDE AN AFFORDABLE HOME FOR LOW-AND-MODERATE-INCOME INDIVIDUALS AND FAMILIES. A NUESTRA COMUNIDAD DEVELOPMENT CORP THIRD PARTY VENDOR, WINN RESIDENTIAL, PROVIDES PROPERTY MANAGEMENT SERVICES ON OUR BEHALF AND WORKS CLOSELY WITH ASSET MANAGEMENT AND WINN CONNECTED COMMUNITIES RESIDENT SERVICES TEAMS TO ENSURE THAT OUR PROPERTIES PROVIDE RESIDENTS WITH A HIGH-QUALITY AFFORDABLE HOME. NUESTRA'S PROPERTIES ALSO INCLUDE 38 COMMERCIAL SPACES PROVIDING AFFORDABLE RENTS FOR BOSTON BUSINESSES.Expenses $1,702,576 · revenue $3,096,437
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2741543
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $30,559,988
- Income (IRS master file)
- $5,255,719
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $4,462,822 | $6,734,851 | $35,243,642 | IRS |
| 990 | December 2022 | $5,093,132 | $6,139,554 | $35,773,886 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about NUESTRA COMUNIDAD DEVELOPMENT CORP
- What is the EIN of NUESTRA COMUNIDAD DEVELOPMENT CORP?
- The employer identification number (EIN) of NUESTRA COMUNIDAD DEVELOPMENT CORP is 04-2741543.
- Is NUESTRA COMUNIDAD DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to NUESTRA COMUNIDAD DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NUESTRA COMUNIDAD DEVELOPMENT CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NUESTRA COMUNIDAD DEVELOPMENT CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NUESTRA COMUNIDAD DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NUESTRA COMUNIDAD DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 names SALVATORE J BOSCO.
- Who are the officers and directors of NUESTRA COMUNIDAD DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 14 people; 3 received compensation from the organization, the highest $155,115 (DIANE CLARK, DIRECTOR OF RE).
- How much revenue does NUESTRA COMUNIDAD DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,255,719, expenses of $6,389,795 and total assets of $30,559,988 at year end.
Other nonprofits in ROXBURY
- URBAN EDGE HOUSING CORP EIN 22-2483475 · last filed 990 for 2024
- BARTLETT PLACE LAND INC EIN 27-3563200 · last filed 990 for 2024
- LOWER ROXBURY COMMUNITY CORPORATION EIN 23-7011408 · last filed 990 for 2025
- ALTERNATIVES FOR COMMUNITY AND ENVIROMENT INC EIN 04-3228509 · last filed 990 for 2025
- DUDLEY STREET NEIGHBORHOOD INITIATIVE INC EIN 04-2859066 · last filed 990 for 2025
- MOTHERS FOR JUSTICE AND EQUALITY INC EIN 45-3741482 · last filed 990 for 2025
- MADISON PARK ECONOMIC DEVELOPMENT CORPORATION EIN 04-3126706 · last filed 990 for 2025
- BOSTONS HIGHER GROUND EIN 27-3660369 · last filed 990 for 2025
All nonprofits in ROXBURY · Massachusetts · Community improvement and capacity building