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Filing year 2023

SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION

South Boston, Massachusetts·EIN 04-3023407·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$2.6M
Total assets
$25.6M
Total expenses
$2.1M
Reported officers
12
Mission

THE ORGANIZATION'S MISSION IS TO CREATE, PRESERVE AND MANAGE HOUSING IN SOUTH BOSTON, MASSACHUSETTS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.

Executive Director
Median to 75th percentile
$104k
$115k

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 11 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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.

Up 11%
from 2022

From $93k in 2022 to $104k in 2023.

$93k
2022
$104k
2023
In today's dollarsEst.
Up 7% in real terms$107k to $115k

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.

Pay for the position

Chief Executive Officer pay rose 11% from 2022 to 2023, while revenue rose 3%.

$93k in 2022 to $104k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION

What does the Chief Executive Officer of SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION received $104,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, SOUTH BOSTON NEIGHBORHOOD DEVELOPMENT CORPORATION reported $2.6M in total revenue and $2.1M in total expenses on its IRS Form 990.

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