- Revenue 2024
- $2,366,821
- Expenses 2024
- $1,305,735
Program services were 77.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L81
- Classification
- 1000
- Street
- 1785 COLUMBUS AVENUE 6TH FLOOR
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).
Other organizations at this address
4 other organizations in the IRS Business Master File list the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
BCLF MANAGED ASSETS CORPORATION
EIN 04-3246547
-
BCLF VENTURES INC
EIN 04-3246552
-
BLUEHUB LOAN FUND INC
EIN 22-2593378
-
ONE PERCENT FOR AMERICA INC
EIN 86-2813192
Mission and programs · 2024
Mission
TO PROVIDE BELOW MARKET RATE CAPITAL TO COMMUNITY BASED ORGANIZATIONS FOR DEVELOPMENT OF AFFORDABLE HOUSING AND TO PROVIDE BROADER COMMUNITY LENDING THAT DIRECTLY OR INDIRECTLY BENEFITS LOW INCOME OR DISADVANTAGED PEOPLE OR COMMUNITIES.
-
BLUEHUB CAPITAL WAS FORMED AS A HOLDING COMPANY THAT OVERSEES ADMINISTRATION, FINANCE, HUMAN RESOURCES, AND INVESTOR RELATIONS FOR THE ORGANIZATION AND ITS AFFILIATES. THE HOLDING COMPANY HAS ACTED AS DEVELOPER FOR ALL SOLAR ENERGY PROJECTS OWNED AND OPERATED TO DATE BY SOLAR ENERGY ADVANTAGE, INC., A CORPORATION WHICH IT OWNS 100% (SEE SCHEDULE R) AND HAS EARNED DEVELOPER FEES FOR THESE SERVICES. THESE DEVELOPER FEES FOR ALL FUTURE PROJECTS ARE NOW EARNED BY SOLAR ENERGY ADVANTAGE INC. DIRECTLY AND WILL NO LONGER BE INCLUDED ON SCHEDULE R.
Expenses $482,943 · Revenue $1,100,121
-
NSP RESIDENTIAL, LLC (NSP) WAS FORMED TO COMBAT COMMUNITY DETERIORATION AND IMPROVE GENERAL CONDITIONS WHERE LOW-INCOME PEOPLE LIVE AND WORK. NSP PURCHASES RESIDENTIAL PROPERTIES AND REHABILITATES THEM TO RENT OR SELL TO LOW-INCOME INDIVIDUALS.
Expenses $534,872 · Revenue $790,622
As filed on the 2024 return.
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.
-
Elyse CherryELYSE CHERRY
CEO & EX-OFFICIO BOARD MEMBER
- Total calculated
- $1,212,119
- From this org
- $242,010
- From related orgs
- $726,027
- Other
- $244,082
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $118,911 + $356,732 related
- Bonus
- $80,000 + $240,000 related
- Other
- $43,099 + $129,295 related
- Deferred
- $39,063 + $194,137 related
- Nontaxable benefits
- $2,720 + $8,162 related
- Filer's total
- $283,793 + $928,326 related
-
Karen KelleherKAREN KELLEHER
PRES. LOAN FUND, EX-OFFICIO BOARD MEM.
- Total calculated
- $343,483
- From this org
- $0
- From related orgs
- $305,695
- Other
- $37,788
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $275,695 related
- Bonus
- $0 + $30,000 related
- Other
- $0
- Deferred
- $0 + $18,540 related
- Nontaxable benefits
- $0 + $19,248 related
- Filer's total
- $0 + $343,483 related
-
Charles ClarkCHARLES CLARK
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Reese FaydeREESE FAYDE
VICE CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Sarah C LincolnSARAH C LINCOLN
TREASURER OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Reverend James Walsh SjREVEREND JAMES WALSH SJ
CLERK OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Edward Dugger IIIEDWARD DUGGER III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Julie GouldJULIE GOULD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Maria MaffeiMARIA MAFFEI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Mercedes TompkinsMERCEDES TOMPKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Victor R RiveraVICTOR R RIVERA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Lisa ZappalaLISA ZAPPALA
EVP, CFO (UNTIL 9/2024)
- Total calculated
- $514,083
- From this org
- $194,499
- From related orgs
- $237,720
- Other
- $81,864
- Hours/week
- 18 + 22 related
Schedule J breakdown matched by us
- Base
- $125,481 + $153,366 related
- Bonus
- $36,000 + $44,000 related
- Other
- $33,018 + $40,354 related
- Deferred
- $14,866 + $41,252 related
- Nontaxable benefits
- $11,586 + $14,160 related
- Filer's total
- $220,951 + $293,132 related
-
Dewitt JonesDEWITT JONES
PRESIDENT, BLUEHUB ENERGY
- Total calculated
- $349,981
- From this org
- $0
- From related orgs
- $250,215
- Other
- $99,766
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $79,752 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $70,463 related
- Deferred
- $6,488 + $43,294 related
- Nontaxable benefits
- $0 + $49,984 related
- Filer's total
- $6,488 + $343,493 related
-
Jacquelyn Barry HamiltonJACQUELYN BARRY HAMILTON
CFO (AS OF 9/2024)
- Total calculated
- $95,286
- From this org
- $85,077
- From related orgs
- $0
- Other
- $10,209
- Hours/week
- 40
-
Brenda LoyaBRENDA LOYA
CHIEF OPERATING OFFICER
- Total calculated
- $313,181
- From this org
- $271,892
- From related orgs
- $0
- Other
- $41,289
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,892
- Bonus
- $25,000
- Other
- $0
- Deferred
- $16,235
- Nontaxable benefits
- $25,054
- Filer's total
- $313,181
-
Michael NillesMICHAEL NILLES
SVP, COMMERCIAL LENDING, TEAM LEADER
- Total calculated
- $308,290
- From this org
- $0
- From related orgs
- $269,026
- Other
- $39,264
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $229,026 related
- Bonus
- $0 + $40,000 related
- Other
- $0
- Deferred
- $0 + $14,898 related
- Nontaxable benefits
- $0 + $24,366 related
- Filer's total
- $0 + $308,290 related
-
Lubna EliaLUBNA ELIA
CHIEF ADMINISTRATIVE OFFICER
- Total calculated
- $282,640
- From this org
- $265,600
- From related orgs
- $0
- Other
- $17,040
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,600
- Bonus
- $40,000
- Other
- $0
- Deferred
- $15,216
- Nontaxable benefits
- $1,824
- Filer's total
- $282,640
-
E Matthew GautieriE MATTHEW GAUTIERI
SVP, CONTROLLER
- Total calculated
- $296,333
- From this org
- $118,767
- From related orgs
- $118,767
- Other
- $58,799
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $107,767 + $107,767 related
- Bonus
- $11,000 + $11,000 related
- Other
- $0
- Deferred
- $7,473 + $7,473 related
- Nontaxable benefits
- $21,926 + $21,927 related
- Filer's total
- $148,166 + $148,167 related
-
Arunabha ChakravartyARUNABHA CHAKRAVARTY
SVP, PORTFOLIO MANAGEMENT
- Total calculated
- $254,459
- From this org
- $0
- From related orgs
- $223,208
- Other
- $31,251
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $198,208 related
- Bonus
- $0 + $25,000 related
- Other
- $0
- Deferred
- $0 + $12,792 related
- Nontaxable benefits
- $0 + $18,459 related
- Filer's total
- $0 + $254,459 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. 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
- $2,366,821
- Expenses
- $1,305,735
- Contributions
- $108,031
- Grants paid
- $0
-
2023
- Revenue
- $753,928
- Expenses
- $3,462,632
- Contributions
- $619
- Grants paid
- $0
-
2022
- Revenue
- $3,014,300
- Expenses
- $3,285,025
- Contributions
- $1,110,623
- Grants paid
- $0
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
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $2,089,518
- Expenses
- $2,219,315
- Assets (EOY)
- $18,553,228
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $2,123,064
- Expenses
- $2,061,875
- Assets (EOY)
- $21,969,549
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $3,324,736
- Expenses
- $1,042,488
- Assets (EOY)
- $20,026,527
-
2018 · 990
- Revenue
- $2,405,042
- Expenses
- $1,708,331
- Assets (EOY)
- $18,551,113
-
2016 · 990
- Revenue
- $3,183,559
- Expenses
- $2,673,966
- Assets (EOY)
- $34,630,708
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. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$175,000
2022 FINANCE JUSTICE FUND SUBGRANT
-
MAINE COMMUNITY FOUNDATION INC
$164,667
2023 Community & Neighborhood Development
-
2022 RHODE ISLAND WORKING CITIES CHALLENGE
-
$50,000
2024 PUBLIC, SOCIETAL BENEFIT
-
2024 For grant recipient's exempt purposes
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) · COMMUNITY VENTURE CAPITAL · MA · controlled entity
-
501(C)(3) · DEVELOPS NEW BUSINESS INITIATIVES AND FUNDING VEHICLES FOR LOW INCOME · MA · controlled entity
-
501(C)(3) · COMMUNITY LENDING · MA · controlled entity
-
501(C)(3) · COMMUNITY LENDING · MA · controlled entity
Declared as related by
-
On its 2024 return
-
On its 2024 return
-
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
-
NSP RESIDENTIAL LLC
TO COMBAT COMMUNITY DETERIORATION IN LOW-INCOME AREAS. · MA · income $1,068,866 · assets $6,298,988
-
BCC SEA INVESTMENT FUND MANAGER LLC
TO COMBAT COMMUNITY DETERIORATION IN LOW-INCOME AREAS. · MA · income $0 · assets $0
Related partnerships on its 2024 return
-
BCLF VENTURES II LLC
TO MAKE INVESTMENTS IN BUSINESS THAT BENEFIT LOW-INCOME PEOPLE AND COMM. · MA
-
SUN INITIATIVE FINANCING LLC
RELATED · TO FINANCE THE OPERATIONS OF THE STABILIZING URBAN NEIGHBORHOODS INITIATIVE · MA · 50% owned · share of income $106,802 · share of assets $15,419,428 · general or managing partner
-
BCC NMTC CDE XXIV LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXVIII LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXIX LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXI LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXII LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXIII LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXIV LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXVI LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXX LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXV LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXVI LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXVII LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXXVIII LLC
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
Related corporations and trusts on its 2024 return
-
BCC SOLAR ENERGY ADVANTAGE INC
C · TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS · MA · 100% owned · share of income $704,201 · share of assets $6,564,343 · controlled entity
-
BCC NMTC CDE XXV LLC
C · TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS · MA
-
BCC NMTC CDE XXVII LLC
C · TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS · MA
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 PC.
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 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.