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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Lowell Development & Financial Corp.

Lowell Development & Financial Corp.

Fiscal year ending 2024. Filed on October 30, 2024.

660 Suffolk Street
Lowell, Massachusetts 01854

Lowell Development & Financial Corp. (EIN: 04-2603693) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Lowell Development & Financial Corp., a 501(c)(3) charitable organization, reported compensation for 1 out of 2 total employees. Among the employees shown here, the average compensation is $151,318. The highest compensated employee at Lowell Development & Financial Corp. is Allison Lamey with fiscal year 2024 compensation of $151,318.

Revenue, expenses, and employee compensation

Revenue

$458,536

Expenses

$500,786

Employee compensation

$280,712
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Allison Lamey
Executive Director
$151,318
$137,539 No related comp$13,779

Benchmark Employee Compensation

Non-Employee Board Members

Ani Vong
Director
Anothny Nganga
Director
Cathy Mercado
Director
Daniel Field
Director
Danielle McFadden
Director
Deborah McAdams
Director
Edward Kennedy
Director
Erin Kelly
Director
Gary Campbell
Director
Glynn Lloyd
Director
James Hogan
President
James Linnehan Jr
Director

Mission Statement

THE LDFC IS A NONPROFIT DEVELOPMENT CORPORATION ESTABLISHED IN 1975 TO PROMOTE LOWELL'S ECONOMIC REVITALIZATION AND TO PROVIDE SECONDARY FINANCING FOR THE REHABILITATION AND ACQUISITION OF PROPERTIES IN LOWELL.

Revisions to this organization profile

October 30, 2024:
2024 Lowell Development & Financial Corp. 990 filed
November 14, 2023:
2023 Lowell Development & Financial Corp. 990 filed
November 7, 2022:
2022 Lowell Development & Financial Corp. 990 filed

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