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Filing year 2024

NUESTRA DEVELOPMENT FUND INC

Roxbury, Massachusetts·EIN 75-2994759·NTEE Z99 · Unknown·501(c)(3)
Total revenue
$6k
Total assets
$1.1M
Total expenses
$40k
Reported officers
3
Mission

NUESTRA DEVELOPMENT FUND, INC. (THE FUND), A MASSACHUSETTS NONPROFIT CORPORATION, WAS ORGANIZED IN 2000 TO PROVIDE LOANS AND GRANTS TO ASSIST LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES, COMMUNITY ORGANIZATIONS AND MULTI-FAMILY AFFORDABLE HOUSING ENTITIES TO DEVELOP.

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 organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide.

President
Below 10th percentile
$5k
$6k

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 2 unpaid individuals.

Browse compensation in organizationPage.redesign.benchmarkBuilder.ntee.Z

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NUESTRA DEVELOPMENT FUND INC equaled 13% of the organization's total expenses. The median for organizationpage.redesign.benchmarkbuilder.ntee.z organizations is 9%.

This organization (2024)
13%
Sector median
9%
Middle half of sector
4% to 20%

Based on 1,569 organizationpage.redesign.benchmarkbuilder.ntee.z organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay fell 24% from 2022 to 2024.

$7k in 2022 to $5k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Financial trend

Revenue and expenses over time

NUESTRA DEVELOPMENT FUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$564
$116k
2023
$6k
$40k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What organizationPage.redesign.benchmarkBuilder.ntee.Z executives earn in Massachusetts

Comparable organizationpage.redesign.benchmarkbuilder.ntee.z organizations in Massachusetts pay their highest-earning executive a median of $66,790.

25th percentile
$32k
Median
$66,790
75th percentile
$136k
90th percentile
$199k

These are organizationpage.redesign.benchmarkbuilder.ntee.z sector-wide figures, not this organization's reported pay. Based on 52 organizations across 52 filings (2022 – 2024).

See full organizationPage.redesign.benchmarkBuilder.ntee.Z pay data for Massachusetts

Similar Organizations

Similar sector (Z)Same state (Massachusetts)
FAQ

Common questions about NUESTRA DEVELOPMENT FUND INC

What does the Chief Executive Officer of NUESTRA DEVELOPMENT FUND INC earn?

In 2024, the Chief Executive Officer of NUESTRA DEVELOPMENT FUND INC received $5,247 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NUESTRA DEVELOPMENT FUND INC compare with similar nonprofits?

Compared with the same role at organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide, the 2024 pay of the Chief Executive Officer at NUESTRA DEVELOPMENT FUND INC falls in the bottom 10%. In 2024, the highest total compensation at NUESTRA DEVELOPMENT FUND INC equaled 13% of the organization's total expenses. The median for organizationpage.redesign.benchmarkbuilder.ntee.z organizations is 9%.

What are NUESTRA DEVELOPMENT FUND INC's revenue and expenses?

In 2024, NUESTRA DEVELOPMENT FUND INC reported $6k in total revenue and $40k in total expenses on its IRS Form 990.

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