EIN 04-2921465

Main South Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
1986
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Main South Community Development Corporation participates in promoting and developing affordable housing and economic development in the Main South area of Worcester, Massachusetts. It focuses on economic development and rehabilitating affordable housing. In addition to this, it manages affordable housing previously acquired and developed.
Total revenues
$3,070,612
2022
Total expenses
$3,396,972
2022
Total assets
$15,279,032
2022
Num. employees
15
2022

Program areas at Main South Community Development Corporation

Management of affordable housing previously acquired and developed.
Neighborhood revitilization area of worcester, ma.
Economic Development and rehabilitation of affordable housing in the Main South area of worcester, ma.

Who funds Main South Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Massachusetts Bay and Merrimack ValleyCommunity Impact$103,651
Stoddard Charitable TrustSupport the Agencys Core Operational$40,000
The Fletcher FoundationSupport Core Operational Expenses ($30,000
...and 8 more grants received

Personnel at Main South Community Development Corporation

NameTitleCompensation
J. Stephen TeasdaleExecutive Director$131,537
Carmen VallueDirector of Finance
Huy TranAssistant Property Manager
Jacob GuzmanFacilities Manager
Sheila OrtizAssistant Property Manager
...and 4 more key personnel

Financials for Main South Community Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,034,725
Program services$1,935,351
Investment income and dividends$20,262
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$80,274
Total revenues$3,070,612

Form 990s for Main South Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-06990View PDF
2022-062023-04-14990View PDF
2021-062022-03-09990View PDF
2020-062021-04-14990View PDF
2019-062020-09-01990View PDF
...and 9 more Form 990s

Organizations like Main South Community Development Corporation

OrganizationLocationRevenue
Madison Development CorporationMadison, WI$4,946,557
Thurston Economic Development Council Center for Business and InnovationLacey, WA$1,866,030
Wind River Development FundFort Washakie, WY$1,672,965
West Central Development CouncilCarlinville, IL$1,574,282
Door County Economic Development CorporationSturgeon Bay, WI$800,022
Greater Richmond PartnershipRichmond, VA$2,980,203
Greater BemidjiBemidji, MN$3,174,764
West Virginia Community Development HubCharleston, WV$1,698,654
Stark Economic Development BoardCanton, OH$1,169,229
Central Arkansas Planning and Development District (CAPDD)Lonoke, AR$2,928,116
Data update history
July 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Rockland Trust Charitable Foundation
December 26, 2023
Received grants
Identified 3 new grant, including a grant for $50,000 from Greater Worcester Community Foundation
October 23, 2023
Received grants
Identified 1 new grant, including a grant for $20,000 from The Blackbaud Giving Fund
October 11, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
875 Main St
Worcester, MA 01610
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
mainsouthcdc.org/ 
Phone
(508) 752-6181
IRS details
EIN
04-2921465
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Main South Community Development Corporation has new information, or want to find more organizations like Main South Community Development Corporation?

Create free Cause IQ account