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BOSTON IMPACT INITIATIVE FUND

EIN 82-1543658 JAMAICA PLAIN, MA

Revenue 2024
$5,409,152
Expenses 2024
$2,777,855

Program services were 53.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S11
Classification
1000
Street
PO BOX 300443

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).

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIESBOSTON IMPACT INITIATIVE (BII) IS A NONPROFIT IMPACT INVESTMENT FUND AND CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). BII PROVIDES SMALL BUSINESSES, COOPERATIVES, COMMUNITY-CONTROLLED REAL ESTATE PROJECTS, AND IMPACT FUND MANAGERS WITH FAIR AND FLEXIBLE CAPITAL, EXPERT ADVISING, AND TRUSTED NETWORKS TO BUILD COMMUNITY OWNERSHIP, SHARED WEALTH, AND ECONOMIC POWER, PARTICULARLY IN COMMUNITIES OF COLOR IN MASSACHUSETTS AND NEW ENGLAND.

  • SEE SCHEDULE O

    Expenses $1,126,118 · Grants $2,915 · Revenue $404,867

  • SEE SCHEDULE O

    Expenses $345,341 · Revenue $93,341

  • N/A

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.

  • BETTY FRANCISCO

    CEO

    Total calculated
    $228,838
    From this org
    $221,880
    From related orgs
    $0
    Other
    $6,958
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,880
    Bonus
    $0
    Other
    $0
    Deferred
    $6,656
    Nontaxable benefits
    $302
    Filer's total
    $228,838
  • LISA OWENS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • GUILLERMO QUINTEROS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JUAN LEYTON

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3
  • ROSE FELIX CRATSLEY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • NIA EVANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • REBECCA REGAN

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • KAFILAT LAWAL

    FINANCIAL CONTROLLER

    Total calculated
    $122,120
    From this org
    $116,091
    From related orgs
    $0
    Other
    $6,029
    Hours/week
    40
  • HENRY NOEL

    INVESTMENT DIRECTOR

    Total calculated
    $148,979
    From this org
    $144,480
    From related orgs
    $0
    Other
    $4,499
    Hours/week
    40
  • ALIANA PINEIRO

    IMPACT DIRECTOR

    Total calculated
    $144,003
    From this org
    $139,416
    From related orgs
    $0
    Other
    $4,587
    Hours/week
    40

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
    $5,409,152
    Expenses
    $2,777,855
    Contributions
    $4,506,582
    Grants paid
    $2,915
  • 2023
    Revenue
    $1,948,405
    Expenses
    $2,137,262
    Contributions
    $1,640,671
    Grants paid
    $6,130
  • 2022
    Revenue
    $2,938,858
    Expenses
    $2,137,744
    Contributions
    $2,436,038
    Grants paid
    $369,404

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
    $1,483,915
    Expenses
    $1,679,347
    Assets (EOY)
    $9,324,957
  • 2020 · 990

    Revenue
    $3,167,987
    Expenses
    $1,341,959
    Assets (EOY)
    $9,774,362
  • 2017 · 990

    Revenue
    $557,734
    Expenses
    $77,056
    Assets (EOY)
    $1,482,720

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.

Form 990-N e-Postcard, tax year 2021

Tax period
1 January 2021 to 31 December 2021
Principal officer
Ethridge Darlene
Mailing address
14 CHESTNUT PLACE STE 1JAMAICA PLAIN MA 021304431
Website
WWW.BOSTONIMPACTINITIATIVEFUND.COM

As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

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

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

Related partnerships on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SO.

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 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.