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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 The Neighborhood Developers Inc.

The Neighborhood Developers Inc.

Fiscal year ending 2024. Filed on November 15, 2025.

4 Gerrish Avenue
Chelsea, Massachusetts 02150

The Neighborhood Developers Inc. (EIN: 04-2660283) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Neighborhood Developers Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 31 total employees. Among the employees shown here, the average compensation is $172,898. The highest compensated employee at The Neighborhood Developers Inc. is Rafael Mares with fiscal year 2024 compensation of $299,465.

Revenue, expenses, and employee compensation

Revenue

$11,543,347

Expenses

$8,949,973

Employee compensation

$4,363,569
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael Mares
Executive Director
$299,465
$247,473 No related comp$51,992
Steven Laferriere
Director of RE Development
$185,719
$165,263 No related comp$20,456
Cassandra Jean Witthaus
Senior Project Manager
$141,284
$125,065 No related comp$16,219
Marilyn Salgado
Director of Resident Services
$135,704
$114,174 No related comp$21,530
Sean K Mock
Project Manager
$102,317
$91,033 No related comp$11,284
Dakeya Christmas
Vice President
$0
Charlene Bauer
Treasurer
$0
Sandy Maynard
Secretary
$0
Faye Dookharan
President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Guadalupe Panameno
Director
Kavish Ghandi
Director
Kristen Janjar
Director
Mina Jlil
Director
Orlando Jaquez
Director
Peter Hollands
Director

Contractors

Opportunity Communities LLC
Management
$2,028,507
Cohnreznick
Accounting Consulting Fees
$121,176

Mission Statement

THE MISSION OF THE NEIGHBORHOOD DEVELOPERS, INC. (TND) IS TO CREATE STRONG NEIGHBORHOODS ENABLING COMMUNITY MEMBERS TO SECURE A STABLE HOME, ACHIEVE ECONOMIC MOBILITY,AND DETERMINE THEIR OWN FUTURE. TND EMPLOYS FOUR INVESTMENT STRATEGIES TO BUILD STRONG AND JUST NEIGHBORHOODS: REAL ESTATE DEVELOPMENT TO EXPAND AFFORDABLE HOUSING INVENTORY AND BUILD EQUITABLE NEIGHBORHOODS; COMMUNITY BUILDING TO FOSTER LEADERSHIP DEVELOPMENT IN ORGANIZING FOR SELF ADVOCACY; FINANCIAL CAPABILITIES AND WORKFORCE DEVELOPMENT TO INCREASE FAMILY PROSPERITY, DELIVERED IN COLLABORATION WITH OUR CONNECT PARTNERS; AND RESIDENT SERVICES, SO THAT THE RESIDENTS OF TND PROPERTIES SUCCEED AT HOME, SCHOOL, WORK AND IN THE COMMUNITY.

Revisions to this organization profile

November 15, 2025:
2024 The Neighborhood Developers Inc. 990 filed
November 16, 2024:
2023 The Neighborhood Developers Inc. 990 filed
February 13, 2024:
2022 The Neighborhood Developers Inc. 990 filed

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