MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION (EIN 042759909) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

EMILY HABER

Phone

6174260303

Tax Period

2022-07-01 to 2023-06-30

MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION, founded in 1982, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 4% surplus.

Mission

SUPPORTING COMMUNITY BASED EFFORTS TO BUILD VIBRANT PLACES THAT PROVIDE ECONOMIC OPPORTUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,740,094

Program Service Revenue $173,175

Investment Income $0

Other Revenue $243,096

TOTAL REVENUE $2,156,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,025,269

Fundraising Expenses $0

Program Expenses $1,879,701

Other Expenses $1,052,441

TOTAL EXPENSES $2,077,710

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,156,365	$1,911,835	+0.1%
Expenses	$2,077,710	$1,846,689	+0.1%
Net Income	$78,655	$65,146	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$179,004

Total Directors

$179,004

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH KRIESBERG	PRESIDENT/CEO (UNTIL 12/22)	37.50	Officer Director	$175,504	$3,500	$179,004
ANGIE LIOU	CHAIR	2.00	Officer Director	$0	$0	$0
EMILIO DORCELY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MICKEY NORTHCUTT	TREASURER	2.00	Officer Director	$0	$0	$0
RAFAEL MARES	CLERK	2.00	Officer Director	$0	$0	$0
VANESSA CALDERON-ROSADO	DIRECTOR	1.00	Director	$0	$0	$0
YUN-JU CHOI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CHRISTOPOLIS	DIRECTOR	1.00	Director	$0	$0	$0
JAY COBURN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CORLEY	DIRECTOR	1.00	Director	$0	$0	$0
MARC DOHAN	DIRECTOR	1.00	Director	$0	$0	$0
TERONDA ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
SUNEETH JOHN	DIRECTOR	1.00	Director	$0	$0	$0
GAIL LATIMORE	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN LOVELESS	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY LYLE	DIRECTOR	1.00	Director	$0	$0	$0
GONZALO PUIGBO	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE REID	DIRECTOR	1.00	Director	$0	$0	$0
SHIRRONDA ALMEIDA	DIRECTOR OF MEL KING INSTI	37.50	Highest	$107,335	$21,846	$129,181
JOHN FITTERER	DIRECTOR OF OPERATIONS	37.50	Highest	$105,555	$12,866	$118,421

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,156,365	$2,077,710	$1,682,212	$78,655
2022	$1,911,835	$1,846,689	$912,733	$65,146
2021	$1,787,575	$1,661,412	$850,361	$126,163
2020	$1,541,390	$1,597,943	$805,831	$-56,553
2019	$1,569,451	$1,476,086	$729,895	$93,365

MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION