Main South Community Development Corp

Community development organization based in Worcester, MA. 14 employees. Exempt under §501(c)(3).

MissionTO PARTICIPATE IN THE PROMOTION AND DEVELOPMENT OF AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN THE MAIN SOUTH AREA OF WORCESTER, MASSACHUSETTS.

Financial snapshot · TY 2023

$1.6M
Total revenue
$1.6M
Total expenses
$15.5M
Net assets

Financial health · TY 2023

99
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
24.2 months of expenses
Program efficiency
100
90.7% spent on programs
Revenue diversity
97
Mix of program fees, grants & contributions

Leadership compensation

J Stephen Teasdale
EXECUTIVE DIRECTOR
$140,394
61th percentile vs. peers

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Main South Community Development Corp Executive Compensation | 990 Data | DoubleNine