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  4. Main South Community Development Corporation
EIN 04-2921465

Main South Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Worcester
State
Massachusetts
Year formed
1986
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
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
$1,578,508
2023
Total expenses
$1,625,803
2023
Total assets
$15,549,435
2023
Num. employees
14
2023

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
Stoddard Charitable TrustSupport the Agencys Core Operational$40,000
The Fletcher FoundationSupport Core Operational Expenses ($30,000
Greater Worcester Community FoundationCommunity Improvement & Capacity Building$25,000
...and 7 more grants received

Personnel at Main South Community Development Corporation

NameTitleCompensation
J Stephen TeasdaleExecutive Director$129,037
Carmen VallueDirector of Finance
Huy TranAssistant Property Manager
Jacob GuzmanFacilities Manager
Sheila OrtizAssistant Property Manager

Financials for Main South Community Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$581,463
Program services$932,988
Investment income and dividends$16,485
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$47,572
Total revenues$1,578,508

Form 990s for Main South Community Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-01990View PDF
2023-062024-05-06990View PDF
2022-062023-04-14990View PDF
2021-062022-03-09990View PDF
2020-062021-04-14990View PDF
...and 10 more Form 990s

Organizations like Main South Community Development Corporation

OrganizationLocationRevenue
West Central Development CouncilCarlinville, IL$1,574,282
Madison Development CorporationMadison, WI$6,436,775
New NorthGreen Bay, WI$1,851,408
Long Island Development CorporationHauppauge, NY$623,735
Greater Waukegan Development CoalitionWaukegan, IL$746,640
Invest UpMarquette, MI$994,377
Wind River Development FundFort Washakie, WY$1,812,805
Catawba County Economic Development CorporationHickory, NC$1,215,852
Randolph County Community and Economic Development FoundationWinchester, IN$400,494
Thurston Economic Development Council Center for Business and InnovationLacey, WA$4,139,814
Data update history
January 11, 2025
Posted financials
Added Form 990 for fiscal year 2023
July 19, 2024
Updated personnel
Identified 1 new personnel
July 15, 2024
Received grants
Identified 5 new grant, including a grant for $25,000 from Greater Worcester Community Foundation
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
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
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