Skip to main content
Filing year 2023

LOWELL DEVELOPMENT & FINANCIAL CORP

Lowell, Massachusetts·EIN 04-2603693·NTEE S310 · Community Improvement & Capacity Building·3
Total revenue
$459k
Total assets
$8.5M
Total expenses
$501k
Reported officers
37
Mission

TO PROMOTE LOWELL'S ECONOMIC REVITALIZATION BY PROVIDING SECONDARY FINANCING FOR THE REHABILITATION AND ACQUISITION OF PROPERTIES IN LOWELL.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Massachusetts.

Executive Di
Median to 75th percentile
$151k
$167k
Base
$138k
Bonus
Other
Benefits

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 36 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LOWELL DEVELOPMENT & FINANCIAL CORP equaled 30% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
30%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about LOWELL DEVELOPMENT & FINANCIAL CORP

What does the Chief Executive Officer of LOWELL DEVELOPMENT & FINANCIAL CORP earn?

In 2023, the Chief Executive Officer of LOWELL DEVELOPMENT & FINANCIAL CORP received $151,318 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LOWELL DEVELOPMENT & FINANCIAL CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at LOWELL DEVELOPMENT & FINANCIAL CORP falls between the median and the 75th percentile. In 2023, the highest total compensation at LOWELL DEVELOPMENT & FINANCIAL CORP equaled 30% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are LOWELL DEVELOPMENT & FINANCIAL CORP's revenue and expenses?

In 2023, LOWELL DEVELOPMENT & FINANCIAL CORP reported $459k in total revenue and $501k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.