- Revenue 2024
- $39,501,886
- Expenses 2024
- $15,108,865
Program services were 80.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- 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 CAPITAL INC
EIN 04-3246555
-
ONE PERCENT FOR AMERICA INC
EIN 86-2813192
Mission and programs · 2024
Mission
COMMUNITY LENDING
-
THE LOAN FUND LENDS MONEY TO COMMUNITY PROJECTS SUCH AS AFFORDABLE HOUSING AND COMMUNITY FACILITIES THAT MIGHT NOT OTHERWISE BE ABLE TO BE FINANCED.
Expenses $12,191,486 · Revenue $20,794,080
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
- $96,803
- From related orgs
- $871,234
- Other
- $244,082
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $47,564 + $428,079 related
- Bonus
- $32,000 + $288,000 related
- Other
- $17,239 + $155,155 related
- Deferred
- $42,558 + $190,642 related
- Nontaxable benefits
- $1,088 + $9,794 related
- Filer's total
- $140,449 + $1,071,670 related
-
Karen KelleherKAREN KELLEHER
PRES. LOAN FUND & EX-OFFICIO BOARD MEM.
- Total calculated
- $343,483
- From this org
- $305,695
- From related orgs
- $0
- Other
- $37,788
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $275,695
- Bonus
- $30,000
- Other
- $0
- Deferred
- $18,540
- Nontaxable benefits
- $19,248
- Filer's total
- $343,483
-
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
- $129,666
- From related orgs
- $302,553
- Other
- $81,864
- Hours/week
- 12 + 28 related
Schedule J breakdown matched by us
- Base
- $83,654 + $195,193 related
- Bonus
- $24,000 + $56,000 related
- Other
- $22,012 + $51,360 related
- Deferred
- $12,223 + $43,895 related
- Nontaxable benefits
- $7,724 + $18,022 related
- Filer's total
- $149,613 + $364,470 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
- $6,638 + $43,144 related
- Nontaxable benefits
- $0 + $49,984 related
- Filer's total
- $6,638 + $343,343 related
-
Jacquelyn Barry HamiltonJACQUELYN BARRY HAMILTON
CFO (AS OF 9/2024)
- Total calculated
- $95,286
- From this org
- $0
- From related orgs
- $85,077
- Other
- $10,209
- Hours/week
- 0 + 40 related
-
Brenda LoyaBRENDA LOYA
CHIEF OPERATING OFFICER
- Total calculated
- $313,181
- From this org
- $0
- From related orgs
- $271,892
- Other
- $41,289
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $246,892 related
- Bonus
- $0 + $25,000 related
- Other
- $0
- Deferred
- $0 + $16,235 related
- Nontaxable benefits
- $0 + $25,054 related
- Filer's total
- $0 + $313,181 related
-
Michael NillesMICHAEL NILLES
SVP,COMMERCIAL LENDING, TEAM LEADER
- Total calculated
- $308,290
- From this org
- $269,026
- From related orgs
- $0
- Other
- $39,264
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $229,026
- Bonus
- $40,000
- Other
- $0
- Deferred
- $14,898
- Nontaxable benefits
- $24,366
- Filer's total
- $308,290
-
Lubna EliaLUBNA ELIA
CHIEF ADMINISTRATIVE OFFICER
- Total calculated
- $282,640
- From this org
- $0
- From related orgs
- $265,600
- Other
- $17,040
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $225,600 related
- Bonus
- $0 + $40,000 related
- Other
- $0
- Deferred
- $0 + $15,216 related
- Nontaxable benefits
- $0 + $1,824 related
- Filer's total
- $0 + $282,640 related
-
E Matthew GautieriE MATTHEW GAUTIERI
SVP, CONTROLLER
- Total calculated
- $296,333
- From this org
- $59,384
- From related orgs
- $178,150
- Other
- $58,799
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $53,884 + $161,650 related
- Bonus
- $5,500 + $16,500 related
- Other
- $0
- Deferred
- $3,737 + $11,209 related
- Nontaxable benefits
- $10,963 + $32,890 related
- Filer's total
- $74,084 + $222,249 related
-
Arunabha ChakravartyARUNABHA CHAKRAVARTY
SVP, PORTFOLIO MANAGEMENT
- Total calculated
- $254,459
- From this org
- $223,208
- From related orgs
- $0
- Other
- $31,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,208
- Bonus
- $25,000
- Other
- $0
- Deferred
- $12,792
- Nontaxable benefits
- $18,459
- Filer's total
- $254,459
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
- $39,501,886
- Expenses
- $15,108,865
- Contributions
- $16,140,000
- Grants paid
- $0
-
2023
- Revenue
- $37,956,959
- Expenses
- $11,542,813
- Contributions
- $20,986,347
- Grants paid
- $0
-
2022
- Revenue
- $22,068,331
- Expenses
- $9,735,665
- Contributions
- $9,651,215
- 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
- $19,137,908
- Expenses
- $10,209,661
- Assets (EOY)
- $278,445,233
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $22,754,955
- Expenses
- $10,994,362
- Assets (EOY)
- $271,825,520
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $20,296,999
- Expenses
- $9,533,088
- Assets (EOY)
- $255,156,204
-
2018 · 990
- Revenue
- $15,330,925
- Expenses
- $6,584,995
- Assets (EOY)
- $216,547,675
-
2016 · 990
- Revenue
- $10,609,899
- Expenses
- $4,932,393
- Assets (EOY)
- $134,792,526
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
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
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) · HOLDING COMPANY FOR AFFILIATES THAT PROVIDE CAPITAL AND COMMUNITY LENDING. · MA
-
501(C)(3) · COMMUNITY VENTURE CAPITAL · MA
-
501(C)(3) · DEVELOPS NEW BUSINESS INITIATIVES AND FUNDING VEHICLES FOR LOW-INCOME IND. · MA
-
501(C)(3) · COMMUNITY LENDING · MA
Declared as related by
-
On its 2024 return
-
On its 2024 return as a controlled entity
-
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
-
BCC REO LLC
TO HOLD REAL AND PERSONAL PROPERTY · 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
TO FINANCE THE OPERATIONS OF THE STABILIZING URBAN NEIGHBORHOODS INITIATIVE · MA · general or managing partner
-
BCC SOLAR III LLC
TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS · DE
-
BCC NMTC CDE XXIV 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 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 XXX 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 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
-
BCC NMTC CDE XXV LLC
C · TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · MA
-
BCC NMTC CDE XXVII LLC
C · TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS · 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.