The Community Builders
The Community Builders reported $109.2 million in revenue and $101.4 million in expenses for calendar year 2024. Of every $100 it spent, $93.89 went to program services, $5.57 to management and general costs and $0.54 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 76.9% of the total. Government grants made up 12.3%. The highest compensation it reported for one person was $444,737 (PRESIDENT/CEO). 132 people received more than $100,000 in reportable compensation. Revenue rose 30% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $101MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $109MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.9% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.6% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 16.2% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 12.3% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 76.9% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $444,737 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.44% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 132 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.9 | 10.0 |
| Independent voting board members Part VI 1a–1b | 20 of 20 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe primary purpose of the corporation is to foster low- and moderate-income housing ("affordable housing") by acquiring, owning,developing, constructing, sponsoring, managing, improving (through rehabiliation, new construction or otherwise) and making available rental and homeownership housing at an affordable cost to low- and moderate-income families and persons without discrimination on any basis that is prohibited under the constitution of the united states, and to stimulate, by example or otherwise, the renovation and improvement of properties, and generally to promote neighborhood…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 40.00 hrs/week | $400,118 | $0 | $44,619 | $444,737 |
| EXECUTIVE VP OF REAL ESTATE Officer, 40.00 hrs/week | $343,812 | $0 | $57,698 | $401,510 |
| EXECUTIVE VP OF PROPERTY Officer, 40.00 hrs/week | $306,962 | $0 | $15,656 | $322,618 |
| SENIOR VP/CFO/TREASURER Officer, 40.00 hrs/week | $257,743 | $0 | $45,315 | $303,058 |
| CHIEF INVESTMENT OFFICER Officer, 40.00 hrs/week | $247,012 | $0 | $44,553 | $291,565 |
| VICE PRESIDENT OF DEV'T, MID-A Highest compensated employee, 40.00 hrs/week | $223,484 | $0 | $42,173 | $265,657 |
| VP OF DESIGN/CONSTRUCTION Highest compensated employee, 40.00 hrs/week | $222,206 | $0 | $42,617 | $264,823 |
| REGIONAL VP FOR REAL ESTATE Highest compensated employee, 40.00 hrs/week | $206,759 | $0 | $56,210 | $262,969 |
132 people received more than $100,000 in reportable compensation from The Community Builders (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5882
- Volunteers Part I, line 620
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| COHNREZNICK Audit & tax | $442,190 |
| THE CASTLE GROUP INC Consulting | $165,900 |
| SPECIALTY CONSULTANTS INC Consulting | $135,000 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to The Community Builders totaling $45,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Community Builders's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Community Builders, you can publish a response that is linked from this page.
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Of every $100 The Community Builders spent in 2024, $93.89 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Midpen Housing CorporationFoster City, CA · revenue $109M · programs 69.1% · 2025
- Phipps HousesNew York, NY · revenue $111M · programs 45.0% · 2024
- Low Income Housing InstituteSeattle, WA · revenue $109M · programs 92.5% · 2024
- Cedar Crest VillagePompton Plains, NJ · revenue $112M · programs 87.1% · 2024
- Self-Help EnterprisesVisalia, CA · revenue $108M · programs 95.8% · FY2025
All housing & shelter charities · Largest charities in Massachusetts
Questions people ask
How much of The Community Builders's spending goes to programs?
In calendar year 2024, The Community Builders reported that 93.9% of its $101.4 million in expenses went to program services, 5.6% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does The Community Builders pay its top executive?
The largest total compensation The Community Builders reported for one person in calendar year 2024 was $444,737, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Community Builders get its money?
Of $109.2 million in revenue in calendar year 2024, 16.2% came from contributions and grants (including 12.3% from government grants) and 76.9% from program service revenue (Form 990, Part VIII).
Is The Community Builders a registered charity?
The IRS lists EIN 04-2324773 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533119349302348 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349321618 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333129349302773 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349305448 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133149349305963 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013149349301216 · read the filing
All filings for EIN 04-2324773: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.