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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 Housing & Shelter Nectar Community Investments Inc.

Nectar Community Investments Inc.

Fiscal year ending 2024. Filed on October 16, 2025.

50 Island Street Suite 103
Lawrence, Massachusetts 01840

Nectar Community Investments Inc. (EIN: 04-3571892) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Nectar Community Investments Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 17 total employees. Among the employees shown here, the average compensation is $156,993. The highest compensated employee at Nectar Community Investments Inc. is Glynn Lloyd with fiscal year 2024 compensation of $229,975. Nectar Community Investments Inc. changed its name from Lowell Community Loan Fund Inc. in 2024.

Revenue, expenses, and employee compensation

Revenue

$6,745,373

Expenses

$5,899,985

Employee compensation

$1,865,571
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Glynn Lloyd
Executive Director
$229,975
$214,120 No related comp$15,855
Dan Plowden
Chief Financial Officer
$153,219
$150,669 No related comp$2,550
Alexandra Nova
Chief Operating Officer
$148,881
$143,064 No related comp$5,817
Lissette Paukert
Residential Services Director
$128,155
$100,091 No related comp$28,064
Aaron Lackman
Commercial Lending
$124,733
$112,038 No related comp$12,695

Benchmark Employee Compensation

Non-Employee Board Members

Abbott Lawrence
Director
Abel Vargas
Clerk
Arleen Zorrila
Outgoing Director
Daniel Rivera
Director
Kristen Harol
Outgoing Director
Lisa Kozol
Treasurer
Lisa Torissi
Outgoing Director
Malia Lazu
President
Matthew Hanson
Director
Michele Witts
Director
Nancy Stager
Director
Orlando Watkins
Director

Contractors

Nbef Investment Managers LLC
Consulting
$245,000
Tbm Consulting
Consulting
$234,044
Flowetik LLC
Consulting
$190,203
Meaghan Phillips
Consulting
$140,000
Rafael Fonseca
Consulting
$104,293

Mission Statement

GROW THE ASSETS AND WEALTH OF HISTORICALLY DISINVESTED INDIVIDUALS AND THEIR COMMUNITIES BY PROVIDING A COMBINATION OF ROBUST ADVICE, RESOURCED NETWORKS AND CAPITAL IN THE MERRIMACK VALLEY AND ACROSS MASSACHUSETTS.

Revisions to this organization profile

October 16, 2025:
2024 Nectar Community Investments Inc. 990 filed
June 13, 2024:
2023 Nectar Community Investments Inc. 990 filed
November 15, 2023:
2022 Nectar Community Investments Inc. 990 filed

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