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Filing year 2024

MAIN SOUTH COMMUNITY DEVELOPMENT CORP

Worcester, Massachusetts·EIN 04-2921465·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5.1M
Total assets
$18M
Total expenses
$3.5M
Reported officers
10
Mission

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

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
Median to 75th percentile
$152k
$164k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MAIN SOUTH COMMUNITY DEVELOPMENT CORP equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building 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.

Climbed 10%
over 2 years

From $137k in 2022 to $152k in 2024.

$137k
2022
$140k
2023
$152k
2024
In today's dollarsEst.
Up 3% in real terms$159k to $164k

Estimated with BLS CPI-U for the Northeast region, 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 10% from 2022 to 2024, while revenue rose 67%.

$137k in 2022 to $152k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 MAIN SOUTH COMMUNITY DEVELOPMENT CORP

What does the Chief Executive Officer of MAIN SOUTH COMMUNITY DEVELOPMENT CORP earn?

In 2024, the Chief Executive Officer of MAIN SOUTH COMMUNITY DEVELOPMENT CORP received $151,874 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 MAIN SOUTH COMMUNITY DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at MAIN SOUTH COMMUNITY DEVELOPMENT CORP falls between the median and the 75th percentile. In 2024, the highest total compensation at MAIN SOUTH COMMUNITY DEVELOPMENT CORP equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MAIN SOUTH COMMUNITY DEVELOPMENT CORP's revenue and expenses?

In 2024, MAIN SOUTH COMMUNITY DEVELOPMENT CORP reported $5.1M in total revenue and $3.5M in total expenses on its IRS Form 990.

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