CSCharityScored
56

Technical Development Corporation

Community Development · Peabody, Massachusetts

33 Longview Way, Peabody, MA 01960-6413

EIN: 042441030· Founded: Nov 1968· 58 years active· Filing Year: 2023

Annual Revenue

$2.3M

Total Expenses

$3.9M

Total Assets

$4.0M

Program Spending

59%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$532K

13.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$2.4M

62% of total expenses

Where the Money Goes

59%
Programs: 59%
Payroll: 62%
Other overhead: 41%
Program Revenue$2.3M (98%)
Total Expenses$3.9M (100%)
Payroll$2.4M (62%)
Overhead (non-program)41%

Trust Score Breakdown

Program Spending Ratio

59% of expenses go to programs

40%

Revenue & Stability

$2.3M annual revenue

15%

Executive Compensation

$532K total officer comp (13.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$4.0M in assets

10%

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