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Filing year 2023

MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION

Boston, Massachusetts·EIN 04-2759909·3
Total revenue
$1.9M
Total assets
$1.5M
Total expenses
$1.9M
Reported officers
20
Mission

MACDC IS A MEMBERSHIP ORGANIZATION THAT SEEKS TO BUILD AND SUSTAIN A HIGH PERFORMING AND ADAPTIVE COMMUNITY DEVELOPMENT SECTOR THAT IS SUPPORTED BY PRIVATE AND PUBLIC INVESTMENT AND SOUND PUBLIC POLICIES. WE ADVANCE RACIAL AND ECONOMIC EQUITY BY CREATING HEALTHY COMMUNITIES WHERE EVERYONE LIVES IN HOUSING THEY CAN AFFORD, BENEFITS FROM ECONOMIC OPPORTUNITIES AND CAN FULLY PARTICIPATE IN THE CIVIC LIFE OF THEIR COMMUNITY.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Director of Mel King Insti
highest compensated employee
$143k
$157k
Director of Housing
highest compensated employee
$131k
$144k
$63k
$69k

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 17 unpaid individuals.

Down 20%
from 2022

From $179k in 2022 to $143k in 2023.

$179k
2022
$143k
2023
In today's dollarsEst.
Down 23% in real terms$204k to $157k

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.
Financial trend

Revenue and expenses over time

MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.2M
$2.1M
2022
$1.9M
$1.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
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