- 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
-
RUDOLPH STEINER FOUNDATION INC
$350,000
2022 GRANTMAKING
-
TRANSFORMATIVE CULTURE PROJECT
no cash amount reported
2022 INTEREST FORGIVENESS
Grants received
-
2022 For grant recipient's exempt purposes
-
2022 DAF - Social Services
-
$90,000
2024 PUBLIC, SOCIETAL BENEFIT
-
2023 For grant recipient's exempt purposes
-
$55,000
2022 Economic Development
-
2024 MEDICAL / PUBLIC SERVICES
-
2023 MEDICAL / PUBLIC SERVICES
-
2024 AMBITIOUS PROGRAM
-
$25,000
2023 GENERAL SUPPORT
-
CAMBRIDGE COMMUNITY FOUNDATION
$25,000
2023 ECONOMIC SECURITY
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
-
501(C)(3) · HOUSING · MA
-
501(C)(3) · LENDING & · CA
-
CENTER FOR ECONOMIC DEMOCRACY INC
501(C)(3) · LENDING & · MA
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
-
BOSTON IMPACT INITIATIVE FUND II
LENDING · MA
Related partnerships on its 2024 return
-
LENDING · MA · general or managing partner
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.