Dudley Neighbors Incorporated

Overview

Mission

To implement the community revitalization plans of the dudley street neighborhood initiative (dsni), which espouses development without displacement and includes affordable housing, economic development, open space and other amenities of the urban village.

What it reported doing in 2024

Dudley neighbors incorporated ("dni"), located in roxbury, Massachusetts, is a community land trust and nonprofit urban revitalization corporation organized under the commonwealth of Massachusetts general laws chapter 121a and also tax exempt under irc section 501(c)(3). Dni was organized to ensure that the residents of the dudley neighborhood will always own the land in the dudley triangle, a 30-acre section of roxbury and north dorchester, Massachusetts, to eliminate blight and carry on community revitalization activity under a regulatory agreement with the boston planning and development agency. The regulatory agreement regulates dni's operations and grants it eminent domain authority to acquire privately owned vacant land in the dudley triangle.dni was organized by dsni to carry out the housing development component of dsni's comprehensive master plan guide by revitalizing the dudley street neighborhood. Dsni has a controlling interest in dni through its power to appoint six out of nine voting members to the board of directors and dsni has the ability to require that some of the voting members come from its board. Typically, two or three of dni's voting board members also serve on the board of directors of dsni.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
043029411
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Headquarters
Roxbury, MA, USA
Phone
6174429670
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Housing Development, Construction, Management

Official website

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 100
  • Accountability: 77
  • Sustainability: 76
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.7%; rating input score 55
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: $49.36 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 4.91; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 15%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 16% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 21.1% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 54.7% of revenue deployed · 84.2% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $116K · 11 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 10 annual filings from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

11 people listed

Highest reported compensation

  • JOHN SMITH (EXECUTIVE DIRECTOR): $116,002 total reported compensation
  • SHARON CHO (DIRECTOR): $108,474 total reported compensation
  • SHEILA DUNNE (CFO): $105,336 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.