Skip to content
Nonprofiteer
← E B C D C INC

Form 990 for tax year 2024

Filed by E B C D C INC.

Totals

Total revenue
$9,072,239
Total expenses
$6,548,328
Contributions and grants received
$3,260,063
Grants paid
$0
Program service revenue
$5,027,971
Investment income
$784,205
Other revenue
$0
Total assets, end of year
$70,180,587
Total liabilities, end of year
$35,995,442
Net assets or fund balances, end of year
$34,185,145
Program services expenses (Part IX)
$4,542,330
Management and general expenses
$2,005,998
Fundraising expenses
$0
Program service expenses (Part III)
$4,542,330

Program services were 69.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • SALVATORE COLOMBO

    PRESIDENT

    Total calculated
    $372,991
    From this org
    $352,450
    From related orgs
    $0
    Other
    $20,541
    Hours/week
    28

    Schedule J breakdown matched by us

    Base
    $287,450
    Bonus
    $65,000
    Other
    $0
    Deferred
    $14,098
    Nontaxable benefits
    $6,443
    Filer's total
    $372,991
  • KEMPTON FLEMMING

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • HERIBERTO MORALES

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • BLANCA AYALA

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • RITA INGERSOLL

    ASST. TREASURER

    Total calculated
    $0
    Hours/week
    1
  • RUTH CAPONE

    CLERK

    Total calculated
    $0
    Hours/week
    1
  • THOMAS BRIAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PASQUALE CORDISCO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • FRANCIS BIAGIOTTI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ELIZABETH GARUFO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ANNIERATHA SAING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DONALD COVERDALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN MAFFEO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GLORIA RUIZ-AMAYA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KATHLEEN ORLANDO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BLANCA AYALA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • FRIDA SANCHEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ANTHONY PICARELLO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN MIGLIOZZI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NICOLE BECKLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ALBERT CALDARELLI

    FORMER PRESIDENT

    Total calculated
    $529,751
    From this org
    $526,198
    From related orgs
    $0
    Other
    $3,553
    Hours/week
    28

    Schedule J breakdown matched by us

    Base
    $39,268
    Bonus
    $61,930
    Other
    $425,000
    Deferred
    $1,528
    Nontaxable benefits
    $2,025
    Filer's total
    $529,751
  • ALBERT FESTA

    CHIEF OPERATING OFFICER

    Total calculated
    $324,351
    From this org
    $306,953
    From related orgs
    $0
    Other
    $17,398
    Hours/week
    28

    Schedule J breakdown matched by us

    Base
    $241,953
    Bonus
    $65,000
    Other
    $0
    Deferred
    $12,278
    Nontaxable benefits
    $5,120
    Filer's total
    $324,351
  • CYNTHIA FRONDUTO

    CHIEF FINANCIAL OFFICER

    Total calculated
    $288,728
    From this org
    $254,349
    From related orgs
    $0
    Other
    $34,379
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $209,349
    Bonus
    $45,000
    Other
    $0
    Deferred
    $10,174
    Nontaxable benefits
    $24,205
    Filer's total
    $288,728
  • TANYA HAHNEL

    DIRECTOR OF REAL ESTATE

    Total calculated
    $187,769
    From this org
    $168,077
    From related orgs
    $0
    Other
    $19,692
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $150,192
    Bonus
    $17,885
    Other
    $0
    Deferred
    $6,723
    Nontaxable benefits
    $12,969
    Filer's total
    $187,769

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.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 4b
EBCDC, INC. MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION ARRANGEMENT FOR ITS KEY EXECUTIVES. DURING 2024, AN EXECUTIVE RETIRED AND WAS PAID OUT OF THIS PLAN.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Condor Harve LLC

    Low Income Housing · MA · income $259,624 · assets $1,882,147

    Directly controlled by EBCDC INC

  • EB AOP LLC

    Low income Housing · MA · income $918,366 · assets $12,157,402

    Directly controlled by EBCDC INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • EBCDC DALRYMPLE SCHOOL LLC

    N/A · LOW INCOME HOUSING · MA · 98% owned · share of income -$434

    Directly controlled by EBCDC INC

  • PARIS VILLAGE LLC

    N/A · LOW INCOME HOUSING · MA · 79% owned · share of income -$42

    Directly controlled by EBCDC INC

  • BARNES SCHOOL LP

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income -$81 · general or managing partner

    Directly controlled by EBCDC INC

  • GREENWAY APARTMENTS LLC

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income -$36 · general or managing partner

    Directly controlled by EBCDC INC

  • GRACE APARTMENTS LLC

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income -$312 · general or managing partner

    Directly controlled by EBCDC INC

  • LYMAN SCHOOL LP

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income $3 · general or managing partner

    Directly controlled by EBCDC INC

  • DALRYMPLE SCHOOL APARTMENTS LP

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income -$30 · general or managing partner

    Directly controlled by EBCDC INC

  • LANDFALL COMMUNITY ASSOCIATES II LLC

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income -$64 · general or managing partner

    Directly controlled by EBCDC INC

  • 41 N MARGIN SENIOR APARTMENTS LLC

    N/A · LOW INCOME HOUSING · MA · 0.01% owned · share of income -$48 · general or managing partner

    Directly controlled by EBCDC INC

  • MEDFORD COMMUNITY LIMITED PARTNERSHIP

    N/A · LOW INCOME ELDERLY HOUSING · MA · 0.01% owned · share of income -$4

    Directly controlled by EBCDC INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202503219349315450

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.