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Lowell Development And Financial Corporation
Community Development · Lowell, Massachusetts
660 Suffolk St Ste 120, Lowell, MA 01854-3636
EIN: 042603693· Founded: Feb 1977· 49 years active· Filing Year: 2024
Annual Revenue
$459K
Total Expenses
$501K
Total Assets
$8.5M
Program Spending
24%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$152K
30.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$93K
Total Payroll
$244K
49% of total expenses
Where the Money Goes
24%
Programs: 24%
Payroll: 49%
Other overhead: 76%
Program Revenue$120K (26%)
Total Expenses$501K (100%)
Payroll$244K (49%)
Overhead (non-program)76%
Trust Score Breakdown
Program Spending Ratio
24% of expenses go to programs
Revenue & Stability
$459K annual revenue
Executive Compensation
$152K total officer comp (30.3% of expenses)
Filing Recency
Most recent filing: 2024
Asset Strength
$8.5M in assets
Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.