71
Main South Community Development Corporation
Community Development · Worcester, Massachusetts
875 Main St, Worcester, MA 01610-5408
EIN: 042921465· Founded: Feb 2011· 15 years active· Filing Year: 2023
Annual Revenue
$3.1M
Total Expenses
$3.4M
Total Assets
$15.3M
Program Spending
57%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$142K
4.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$665K
Total Payroll
$807K
24% of total expenses
Where the Money Goes
57%
Programs: 57%
Payroll: 24%
Other overhead: 43%
Program Revenue$1.9M (63%)
Total Expenses$3.4M (100%)
Payroll$807K (24%)
Overhead (non-program)43%
Trust Score Breakdown
Program Spending Ratio
57% of expenses go to programs
Revenue & Stability
$3.1M annual revenue
Executive Compensation
$142K total officer comp (4.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$15.3M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.