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Filing year 2023

WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION

Worcester, Massachusetts·EIN 04-3280116·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$289k
Total assets
$3M
Total expenses
$404k
Reported officers
6
Mission

To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives.

Reported officers (all unpaid)

No paid executives reported in 2023. WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION reported 6 unpaid officers and board members on its 990.

President
Treasurer
Clerk
Director
Director
Director
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2022)
16%
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.

Financial trend

Revenue and expenses over time

WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$229k
$468k
2022
$289k
$404k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Massachusetts

WORCESTER EAST SIDE COMMUNITY 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

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FAQ

Common questions about WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION

What are WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION reported $289k in total revenue and $404k in total expenses on its IRS Form 990.

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