North Shore Community Development Coalition Inc.

“Salem harbor developers, llc (shdllc), congress & ward, llc (cw), 47 leavitt street, llc (leavitt street), 15-17 harbor street llc (harbor street), congress & dow llc (cd), powder house manchester llc (powder house) and 41 mill street, llc (ms) are managed by peabody properties, inc., an unrelated organization that provides rental operations services. The management agreement remains in effect until terminated by owner or agent. The organization incurred $249,876 in total management fees for the above entities for the year ended december 31, 2024.”

“The 990 will be presented to the board prior to filing, for review and discussion.”

“A written disclosure must be circulated to all the directors of the corporation annually.”

“Compensation of the executive director is reviewed and approved by the board of directors. Compensation of the fiscal manager is reviewed and approved by the executive director.”

“AVAILABLE UPON REQUEST”

“2024 amended form 990 explanation statement: north shore community development coalition, inc "the organization" identified an error in its 2024 tax return form 990 part vii. Compensation reported under column d included the other benefits or benefits that should have been reported under column f. The organization is also correcting the amount of other compensation or benefits reported under column f. The organization is amending the 2024 tax return form 990 originally filed november 15, 2025 to address the unintended error. The changes in the amended 2024 tax return form 990 are as follows: 990 - part vii - compensation of officers, directors, trustees, key employees, highest compensated employees, and independent contractors * column d * column e * * as originally filed / as amended * as originally filed / as amended * ganem, ashley barbara - 100,287 / 67,252 * 33,103 / 20,699 graddy, jasmine - 104,444 / 80,651 * 19,899 / 11,330 kolodziej, jennifer l - 108,694 / 88,654 * 44,311 / 6,677 pierce, felicia shantel - 191,003 / 166,720 * 31,415 / 12,040 pina, jason caesar - 151,955 / 114,877 * 27,584 / 33,734 roebuck, nicole j - 112,747 / 73,601 * 18,694 / 26,130 sanchez, saniego - 112,584 / 78,041 * 21,367 / 20,818 vogel, ilene podgur - 159,642 / 126,297 * 28,579 / 11,415”

“Transfers of net assets to affiliates 959,214.”

“During the tax year, the organization updated its process for oversight and selection of financial statement services.”

“As of the date of filing the audit has not yet been completed. Form 990 has been prepared based on the best information available. Should information substantially change upon completion of the audit, appropriate action will be taken.”