Skip to content
Nonprofiteer
← DUDLEY ECONOMIC EMPOWERMENT PARTNERS INC

Form 990 for tax year 2024

Filed by DUDLEY ECONOMIC EMPOWERMENT PARTNERS INC.

Totals

Total revenue
$167,768
Total expenses
$448,007
Contributions and grants received
$98,457
Grants paid
$348,457
Program service revenue
$0
Investment income
$69,311
Other revenue
$0
Total assets, end of year
$6,391,362
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,391,362
Program services expenses (Part IX)
$404,111
Management and general expenses
$43,896
Fundraising expenses
$0
Program service expenses (Part III)
$404,111

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $98,457

  • 3 · Investment income

    total $69,311 · excluded $69,311

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $348,457 · program services $348,457

  • 11c · Fees: accounting

    total $2,730 · management and general $2,730

  • 11f · Fees: investment management

    total $30,552 · management and general $30,552

  • 16 · Occupancy

    total $4,484 · program services $4,484

  • 22 · Depreciation, depletion and amortization

    total $51,170 · program services $51,170

  • 23 · Insurance

    total $10,614 · management and general $10,614

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $91,095 · end of year $79,444

  • 4 · Accounts receivable

    beginning of year $500,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,648

  • 10a · Land, buildings and equipment: cost or other basis

    $2,242,558

  • 10b · Land, buildings and equipment: accumulated depreciation

    $688,696

  • 10c · Land, buildings and equipment, net

    beginning of year $1,605,032 · end of year $1,553,862

  • 11 · Investments: publicly traded securities

    beginning of year $4,041,525 · end of year $4,508,585

  • 15 · Other assets

    beginning of year $0 · end of year $249,471

  • 27 · Net assets without donor restrictions

    beginning of year $6,243,300 · end of year $6,391,362

Mission and programs · 2024

Mission

THE PRIMARY MISSION OF DEEP IS TO PROMOTE ECONOMIC DEVELOPMENT; TO IDENTIFY AND ALLEVIATE STRUCTURAL CAUSES OF BUSINESS DECLINE; TO INVEST IN THE COMMUNITY BY PURCHASING AND HOLDING STRATEGIC PROPERTY FOR DEVELOPMENT; TO GUIDE ECONOMIC DEVELOPMENT PROCESSES AS A TRUSTEE OF THE COMMUNITY RESIDENTS; AND TO DO ALL ACTS PERMITTED UNDER THE PROVISIONS OF CHAPTER 180 OF THE GENERAL LAWS OF MASS. AND SECTION 501 (C)(3) OF THE IRS CODE.

  • DEEP MAINLY SERVES AS THE DEVELOPER/REAL ESTATE ROLE FOR THE YBB/DEEP OPERATIONS. AS A LANDLORD, THE DEEP PROPERTIES' TENANTS OPERATE A 100 SLOT DAY CARE CENTER. THE TENANT PROVIDES MENTAL HEALTH AND SHELTER CARE SERVICES TO CLIENTS ACROSS THE CITY. IN ITS ROLE AS A DEVELOPER, DEEP'S AFFORDABLE HOUSING PROJECT WAS 23 RUSKENDALE STREET, WHICH SERVED AS A TRAINING SITE FOR MORE THAN 30 TRAINEES DURING THE FISCAL YEAR.

    Expenses $404,111 · Grants $348,457

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

Listed in Part VII

  • AL GOGOLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • AMANDA FORDE

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • AMENYONAH BOSSMAN

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • BROOKE WOODSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • CHARLES BORSTEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • DAVID HARRIS

    CLERK

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • EDWARD RANSOM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • ELLEN O'CONNOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • FRANK BURT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • JEANINE ARMISTEAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • JILL LACEY GRIFFIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • KENNETH WILLIS

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • LEROY BROWNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • LIEM TRAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • MATT GROSSHANDLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • MELINDA GIOVENGO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • MELVIN VIEIRA JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • SCOTT HARRINGTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • SHELLEY WEBSTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • TROY DEPEZIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • DANYSON FRAGOSO TAVARES

    EXECUTIVE DIRECTOR (UNTIL 10/2024)

    Total calculated
    $132,344
    From this org
    $0
    From related orgs
    $112,852
    Other
    $19,492
    Hours/week
    0.5 + 40 related

  • PETER HUNT

    EXECUTIVE DIRECTOR (FROM 03/2025)

    Total calculated
    $0
    Hours/week
    0.5 + 40 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.

Grants 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.

Provenance

Return type
form_990
Tax year
2024
Filed
16 August 2026
IRS schema version
2024v5.5
Source object
202642299349300349

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.