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Filing year 2024

MAIN SOUTH COMMUNITY DEVELOPMENT CORP

Worcester, Massachusetts·EIN 04-2921465·NTEE S30 · Community Improvement & Capacity Building·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 · Schedule J · 1 reported individual · Filing year 2024

Base salaryExecutive compensation
Executive Director
$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

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.

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

Revenue and expenses over time

MAIN SOUTH COMMUNITY DEVELOPMENT CORP reported revenue and expenses across 3 filing years.

RevenueExpenses
$3.1M
$3.4M
2022
$1.6M
$1.6M
2023
$5.1M
$3.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Massachusetts

Comparable community improvement & capacity building organizations in Massachusetts pay their highest-earning executive a median of $90,851.

25th percentile
$38k
Median
$90,851
75th percentile
$164k
90th percentile
$253k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 296 organizations across 296 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Massachusetts
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