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Filing year 2023

FRIENDS DEVELOPMENT CORPORATION

Boston, Massachusetts·EIN 04-3075898·NTEE L25 · Housing & Shelter·501(c)(3)
Total revenue
$195k
Total assets
$934k
Total expenses
$249k
Reported officers
15
Mission

TO OPERATE TRANSITIONAL HOMES FOR WORKING, FORMERLY HOMELESS INDIVIDUALS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Clerk
Officer (Unspecified)
$21k
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRIENDS DEVELOPMENT CORPORATION equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
8%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 30%
from 2022

From $30k in 2022 to $21k in 2023.

$30k
2022
$21k
2023
In today's dollarsEst.
Down 33% in real terms$34k to $23k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRIENDS DEVELOPMENT CORPORATION

What are FRIENDS DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, FRIENDS DEVELOPMENT CORPORATION reported $195k in total revenue and $249k in total expenses on its IRS Form 990.

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