Skip to content
Nonprofiteer
← All organizations

NEW AMERICANS COMMUNITY DEVELOPMENT CORPORATION

EIN 47-4900810 WORCESTER, MA

Browse the largest nonprofits in Massachusetts

Revenue 2024
$603,262
Expenses 2024
$45,627

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
L20
Classification
1000
Street
11 SYCAMORE ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

THE NEW AMERICANS COMMUNITY DEVELOPMENT CORPORATION (NACDC) INTENDS TO UNDERTAKE COMMUNITY RE-DEVELOPMENT, RENOVATION PROJECTS AND ACTIVITIES THAT REVITALIZE AN "ECONOMIC DESERT AREA" WITHIN WORCESTER. OUR INTENTIONS ALSO INCLUDE CREATION AND EXPANSION OF ECONOMIC ACTIVITIES FOR ALL RESIDENTS OF THE AREA WITH SPECIAL EMPHASIS ON THE DISENFRANCHISED, LOW AND MODERATE INCOME POPULATION. WE WILL PRESERVE AND DEVELOP HOUSING, FACILITATE HOME OWNERSHIP, BUSINESS OPPORTUNITIES AND CAREER TRAINING LADDERS IN THE "MAIN MIDDLE" AREA AND ITS IMMEDIATE SURROUNDING NEIGHBORHOODS.

  •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

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Dr Juan A Gomez

    PRESIDENT & CEO (THRU 02/25)

    Total calculated
    $152,981
    From this org
    $0
    From related orgs
    $128,654
    Other
    $24,327
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $128,654 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $24,327 related
    Filer's total
    $0 + $152,981 related
  • Samuel Rosario

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Kristen A King

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Atty Gordy Daniles

    SECRETARY & CLERK (FROM 12/24)

    Total calculated
    $0
    Hours/week
    1
  • George Cox

    DIRECTOR (THRU 12/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Hector Gomez

    DIRECTOR (FROM 12/24)

    Total calculated
    $0
    Hours/week
    1
  • Frank Kartheiser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rev Clyde Tally

    DIRECTOR (THRU 12/24)

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Torres

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Augustina Velazquez

    PRESIDENT & CEO (FROM 09/24)

    Total calculated
    $146,028
    From this org
    $0
    From related orgs
    $119,616
    Other
    $26,412
    Hours/week
    2 + 38 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $603,262
    Expenses
    $45,627
    Contributions
    $602,679
    Grants paid
    $0
  • 2023
    Revenue
    $165,506
    Expenses
    $53,857
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $37,548
    Expenses
    $226,468
    Contributions
    $1,655
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $129,845
    Expenses
    $119,944
    Assets (EOY)
    $814,932
  • 2020 · 990

    Revenue
    $399,353
    Expenses
    $320,401
    Assets (EOY)
    $1,167,373
  • 2019 · 990

    Revenue
    $163,818
    Expenses
    $131,023
    Assets (EOY)
    $773,969
  • 2018 · 990

    Revenue
    $125,000
    Expenses
    $122,969
    Assets (EOY)
    $714,847
  • 2017 · 990

    Revenue
    $14,575
    Expenses
    $97,993
    Assets (EOY)
    $606,359

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

  • Exemption revoked 15 November 2018, reinstated 15 November 2018.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.