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Filing year 2024

NEW BEDFORD DEVELOPMENT CORPORATION

New Bedford, Massachusetts·EIN 83-1553317·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$3k
Total assets
$2.7M
Total expenses
$23k
Reported officers
7
Mission

TO DEVELOP AND SUSTAIN STABLE AND VIBRANT AFFORDABLE AND LOW-INCOME HOUSING,AND TO PROVIDE RELATED RESIDENT SERVICES. TO DEVELOP AND OPERATE COMMUNITY PROJECTS WHICH COMBAT COMMUNITY DETERIORATION AND ASSIST IN NEIGHBORHOOD REVITALIZATION, STABILIZATION, AND SUPPORT ENERGY EFFICIENCY INITIATIVES.

Reported officers (all unpaid)

No paid executives reported in 2024. NEW BEDFORD DEVELOPMENT CORPORATION reported 7 unpaid officers and board members on its 990.

President
Treasurer
Clerk
Director
Director
Director
Director
Financial trend

Revenue and expenses over time

NEW BEDFORD DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$10k
$103k
2023
$3k
$23k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Massachusetts

NEW BEDFORD DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Massachusetts earns a median of $53,685.

25th percentile
$26k
Median
$53,685
75th percentile
$153k
90th percentile
$232k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 338 organizations across 338 filings (2021 – 2024).

See full Housing & Shelter pay data for Massachusetts
FAQ

Common questions about NEW BEDFORD DEVELOPMENT CORPORATION

What are NEW BEDFORD DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, NEW BEDFORD DEVELOPMENT CORPORATION reported $3k in total revenue and $23k in total expenses on its IRS Form 990.

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