Somerville Community Corporation Inc

Community Development · Somerville, Massachusetts

337 Somerville Avenue 2Nd Floor, Somerville, MA 02143-2914

EIN: 237293380· Founded: Dec 1974· 52 years active· Filing Year: 2023

Annual Revenue

$4.7M

Total Expenses

$5.5M

Total Assets

$53.2M

Program Spending

65%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$257K

4.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$731K

Total Payroll

$988K

18% of total expenses

Where the Money Goes

65%

Programs: 65%

Payroll: 18%

Other overhead: 35%

Program Revenue$3.6M (77%)

Total Expenses$5.5M (100%)

Payroll$988K (18%)

Overhead (non-program)35%

Trust Score Breakdown

Program Spending Ratio

65% of expenses go to programs

40%

Revenue & Stability

$4.7M annual revenue

15%

Executive Compensation

$257K total officer comp (4.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$53.2M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.