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Nonprofit · EIN 23-7044492

TENANTS DEVELOPMENT CORPORATION

Tax-exempt · BOSTON, MA 02118

Financials

$2.9M$1.7M2023$1.9M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of TENANTS DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,886,061$2,565,072-$679,011$33,715,544$3,080,047$30,635,497
December 31, 2023990$2,888,263$1,725,808$1,162,455$31,599,304$2,322,852$29,276,452
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$26,900
Program service revenue
$1,832,131
Investment income
$122
Other revenue
$26,908

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$383,069
Other salaries and wages
$465,225
Salaries, compensation and benefits (total)
$974,344
Professional fundraising fees
$0
Legal fees
$141,883
Accounting fees
$101,858
Occupancy
$181,889
Depreciation
$66,041
Program services (functional)
$2,215,523
Management and general (functional)
$349,549

Balance sheet and other

Total assets, start of year
$31,599,304
Total assets, end of year
$33,715,544
Total liabilities, end of year
$3,080,047
Net assets, end of year
$30,635,497
Land, buildings and equipment
$4,457,403
Publicly traded securities
$579,440
Net assets without donor restrictions
$30,635,497
Gross receipts
$1,886,061
Employees
33
Year formed
1969
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DONALD WARDEXECUTIVE DI
Officer
40$232,016$10,803
JEANETTA WILLIAMSTREASURER/ S
Trustee or director, Officer
40$129,563$10,686
ANITA HUGGINSASSET MANAGE
Highest-paid employee
40$121,940$841
YAMARI FIGUEROAPROPERTY MAN
Highest-paid employee
40$103,872$17,584
MERCEDES SANTANASR. BOOKKEEP
Highest-paid employee
40$102,712$8,906
MARY CLINKSCALESPRESIDENT
Trustee or director, Officer
4$0$0
ELYRIA CREECYVICE PRESIDE
Trustee or director, Officer
4$0$0
MICHAEL DAVISASSISTANT TR
Trustee or director, Officer
4$0$0
LOUISE DOUGLASCLERK
Trustee or director, Officer
4$0$0
KEITH GORDONBOARD MEMBER
Trustee or director
4$0$0
LEE HOLLOWAYBOARD MEMBER
Trustee or director
4$0$0
OLLIE MATHISBOARD MEMBER
Trustee or director
4$0$0
FLORENCE POTTERBOARD MEMBER
Trustee or director
4$0$0
SYLVIA RAYBOARD MEMBER
Trustee or director
4$0$0
GLORIA REYESBOARD MEMBER
Trustee or director
4$0$0
2 more people on this return
NameTitleHours / weekCompensation
LINDA ROBERTSBOARD MEMBER
Trustee or director
4$0
DOREEN WIGGINSBOARD MEMBER
Trustee or director
4$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
DONALD WARDEXECUTIVE DI
Officer
40$222,323$9,379
ANITA HUGGINSASSET MANAGE
Highest-paid employee
40$138,595$841
JEANETTA WILLIAMSTREASURER/ S
Trustee or director, Officer
40$129,939$9,291
YAMARI FIGUEROAPROPERTY MAN
Highest-paid employee
40$103,710$17,166
DAVID GUITERREZMAINTENANCE
Highest-paid employee
40$103,710$17,166
MARY CLINKSCALESPRESIDENT
Trustee or director, Officer
4$0$0
ELYRIA CREECYVICE PRESIDE
Trustee or director, Officer
4$0$0
MICHAEL DAVISASSISTANT TR
Trustee or director, Officer
4$0$0
LOUISE DOUGLASCLERK
Trustee or director, Officer
4$0$0
KEITH GORDONBOARD MEMBER
Trustee or director
4$0$0
JACQUELINE HILLBOARD MEMBER
Trustee or director
4$0$0
LEE HOLLOWAYBOARD MEMBER
Trustee or director
4$0$0
OLLIE MATHISBOARD MEMBER
Trustee or director
4$0$0
FLORENCE POTTERBOARD MEMBER
Trustee or director
4$0$0
SYLVIA RAYBOARD MEMBER
Trustee or director
4$0$0
GLORIA REYESBOARD MEMBER
Trustee or director
4$0$0
LINDA ROBERTSBOARD MEMBER
Trustee or director
4$0$0
DOREEN WIGGINSBOARD MEMBER
Trustee or director
4$0$0

Address and contacts

Address (IRS master file)
434 MASSACHUSETTS AVE STE 302, BOSTON, MA 02118-3522
Principal officer (990 for 2024)
DONALD WARD, 434 MASS AVE FL 3R, BOSTON, MA 02118
Signed the 990
DONALD WARD, EXECUTIVE DIRECTOR
Phone
(617) 247-3988
Return prepared by
DAVISKELLY LLP

Mission

THE PROMOTION, MAINTENANCE AND MANAGEMENT OF HOUSING IN THE SOUTH END OF BOSTON, MASSACHUSETTS, TO LOW AND MODERATE-INCOME FAMILIES OF EVERY RACE, RELIGION, AND NATIONALITY.

990 for the year ended December 31, 2024

Program accomplishments

  • AFFORDABLE HOUING - MANAGED THREE DEVELOPMENTS WITH OVER 100 UNITS FOR LOW AND MODERATE INCOME FAMILIES.
    Expenses $2,215,523 · revenue $1,832,131

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7044492
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$33,715,544
Income (IRS master file)
$1,886,061

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,886,061$2,565,072$33,715,544XML
990December 2023$2,888,263$1,725,808$31,599,304XML
990December 2022$1,616,876$1,754,034$30,448,614IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7044492).

Questions about TENANTS DEVELOPMENT CORPORATION

What is the EIN of TENANTS DEVELOPMENT CORPORATION?
The employer identification number (EIN) of TENANTS DEVELOPMENT CORPORATION is 23-7044492.
Is TENANTS DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to TENANTS DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TENANTS DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TENANTS DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TENANTS DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TENANTS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names DONALD WARD.
Who are the officers and directors of TENANTS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 17 people; 5 received compensation from the organization, the highest $232,016 (DONALD WARD, EXECUTIVE DI).
How much revenue does TENANTS DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,886,061, expenses of $2,565,072 and total assets of $33,715,544 at year end.

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