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Filing year 2024

NECTAR COMMUNITY INVESTMENTS INC

Lawrence, Massachusetts·EIN 04-3571892·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$6.7M
Total assets
$24.2M
Total expenses
$5.9M
Reported officers
19
Mission

GROW THE ASSETS AND WEALTH OF HISTORICALLY DISINVESTED INDIVIDUALS AND THEIR COMMUNITIES BY PROVIDING A COMBINATION OF ROBUST ADVICE, RESOURCED NETWORKS AND CAPITAL IN THE MERRIMACK VALLEY AND ACROSS MASSACHUSETTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.

Executive Director
Above 90th percentile
$230k
$245k
Base
$214k
Bonus
Other
Benefits
$9k
CFO
75th to 90th percentile
$153k
$164k
Base
$151k
Bonus
Other
Benefits
$3k
COO
Median to 75th percentile
$149k
$159k
Residential Services Director
Highest Compensated Employee
Median to 75th percentile
$128k
$137k
Commercial Lending
Highest Compensated Employee
25th percentile to median
$125k
$133k

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 2024, the highest total compensation at NECTAR COMMUNITY INVESTMENTS INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
4%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $228k in 2023 to $230k in 2024.

$228k
2023
$230k
2024
In today's dollarsEst.
Down 2% in real terms$251k to $245k

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.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 3%.

$228k in 2023 to $230k in 2024.
  • Highest Compensated Employee pay rose 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 NECTAR COMMUNITY INVESTMENTS INC

What does the Chief Executive Officer of NECTAR COMMUNITY INVESTMENTS INC earn?

In 2024, the Chief Executive Officer of NECTAR COMMUNITY INVESTMENTS INC received $229,975 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NECTAR COMMUNITY INVESTMENTS INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at NECTAR COMMUNITY INVESTMENTS INC falls in the top 10%. In 2024, the highest total compensation at NECTAR COMMUNITY INVESTMENTS INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are NECTAR COMMUNITY INVESTMENTS INC's revenue and expenses?

In 2024, NECTAR COMMUNITY INVESTMENTS INC reported $6.7M in total revenue and $5.9M in total expenses on its IRS Form 990.

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