BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC

As filed

Subsection

03

NTEE code

V31

Classification

2000

Street

1234 COLUMBUS AVE BUILDING 3 ROOM 1

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 · 2025

• SUPPORTS MASS BASED BLACK LED FIRMS VIA GRANTS, BACK-OFFICE SUPPORT, AND DIGITAL SOLUTIONS. ADVOCATES FOR ACCESS TO ADEQUATE & AFFORDABLE CAPITAL, EQUITABLE PROCUREMENT AND INCLUSIVE WORKFORCE DEVELOPMENT.

  Expenses $2,432,771 · Grants $359,502 · Revenue $1,008,010

• THROUGH ONE OF THEIR WHOLLY-OWNED SUBSIDIARIES, BCI, THE ORGANIZATION MAKES LOANS TO MEMBERS OF THE COMMUNITY THEY SERVE. BCI HAS AN INVESTMENT COMMITTEE THAT REVIEWS THE APPLICATIONS AND DUE DILIGENCE PACKETS OF EACH ENTITY THAT APPLIES FOR A LOAN, AND THAT COMMITTEE CONSISTS OF SIX MEMBERS WITH EXTENSIVE EXPERIENCE. IN 2025, THE ORGANIZATION ISSUED LOANS TO FOUR BUSINESSES TOTALING $310,587. THE ORGANIZATION RECORDED INTEREST INCOME OF $28,560 RELATING TO ALL OUTSTANDING LOANS.

  Revenue $28,560

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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

• 2025

  Revenue

  $3,951,279

  Expenses

  $3,535,173

  Contributions

  $2,942,592

  Grants paid

  $359,502

• 2024

  Revenue

  $5,845,824

  Expenses

  $5,249,760

  Contributions

  $4,842,685

  Grants paid

  $447,431

• 2023

  Revenue

  $4,360,772

  Expenses

  $4,850,732

  Contributions

  $3,754,949

  Grants paid

  $708,356

• 2022

  Revenue

  $4,157,091

  Expenses

  $3,033,740

  Contributions

  $3,763,976

  Grants paid

  $163,450

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

• 2025 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $1,520,645

  Expenses

  $1,553,842

  Assets (EOY)

  $1,534,310

• 2020 · 990

  Revenue

  $1,587,547

  Expenses

  $345,680

  Assets (EOY)

  $1,365,280

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 2018

Tax period

1 January 2018 to 31 December 2018

Principal officer

Show names as filed Teri WilliamsTERI WILLIAMS

Mailing address

16 JOHN ELIOT SQUAREBOSTON MA 02119

Website

WWW.BECMA.ORG

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

• BENJAMIN FRANKLIN INSTITUTE OF TECHNOLOGY

  $75,000

  2022 · EDUCATIONAL OPPORTUNITIES

• BLACK MARKET

  $50,000

  2023 · BOSS; BLACK VENDOR MA

• BLACK OWNED BOSTON LLC

  $26,000

  2023 · BACK OFFICE SUPPORT

• ZAZ RESTAURANT

  $25,000

  2023 · BACK OFFICE SUPPORT SERVICES

• JOSEPH CHARLES

  $22,000

  2023 · BACK OFFICE SUPPORT SERVICES

• BUTTERFLY FALAFEL

  $20,000

  2024 · BACK OFFICE SUPPORT SERVICES

• BAR AND KITCHEN HOSPITALITY INC

  $20,000

  2024 · BACK OFFICE SUPPORT SERVICES

• LOGWOOD COMPANY LLC S-CORP

  $20,000

  2024 · SUPPLIER DIVERSITY

• NUBIAN MARKETS

  $20,000

  2023 · SPONSORSHIP

• RENAVEST

  $20,000

  2023 · BACK OFFICE SUPPORT SERVICES

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

Where these grants went next →

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $275,250

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $207,300

  2022 · For grant recipient's exempt purposes

• BOSTON FOUNDATION INC

  $100,000

  2022 · Economic Development

• CAMBRIDGE COMMUNITY FOUNDATION

  $100,000

  2024 · PROGRAM ASSISTANCE

• IMPACTASSETS INC

  $100,000

  2024 · GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $86,975

  2024 · For grant recipient's exempt purposes

• NATIONAL PHILANTHROPIC TR

  $55,000

  2023 · PUBLIC, SOCIETAL BENEFIT

• COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC

  $35,000

  2024 · DAF - Social Services

• COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON INC

  $25,000

  2022 · DAF - Social Justice

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $25,000

  2022 · UNRESTRICTED GENERAL SUPPORT

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

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.

Other IRS files