New Bedford Development Corporation

Housing & shelter organization based in New Bedford, MA.0 Exempt under §501(c)(3).

MissionTO DEVELOP AND SUSTAIN STABLE AND VIBRANT AFFORDABLE AND LOW-INCOME HOUSING,AND TO PROVIDE RELATED RESIDENT SERVICES. TO DEVELOP AND OPERATE COMMUNITY PROJECTS WHICH COMBAT COMMUNITY DETERIORATION AND ASSIST IN NEIGHBORHOOD REVITALIZATION, STABILIZATION, AND SUPPORT ENERGY

EIN
83-1553317
State
MA
Sector
Housing & shelter
Budget band
<$250K
Latest filing
TY 2024
Records
—

Financial snapshot · TY 2024

$3K
Total revenue
$23K
Total expenses
$2.7M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-62.7 months of expenses
Program efficiency
100
100% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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New Bedford Development Corporation Executive Compensation | 990 Data | DoubleNine