Organizations Filed Purposes:
TO BENEFIT THE COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE CITY OF BOSTON. BLDC ACCOMPLISHES THIS BY PROVIDING LONG-TERM FINANCING TO FIRMS AND COMPANIES LOCATED IN THE CITY OF BOSTON, MASSACHUSETTS.
TO BENEFIT THE COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE CITY OF BOSTON
BLDC SUBCONTRACTS WITH ITS AFFILIATE, EDIC, TO ADMINISTER A REVOLVING LOAN FUND TO PROMOTE INDUSTRIAL AND ECONOMIC DEVELOPMENT AND JOB GROWTH. 31 REVOLVING LOANS WERE SERVICED IN FISCAL YEAR 2020.
EARNED INCOME TAX CREDIT PROGRAM - VOLUNTEER INCOME TAX ASSISTANCE (VITA) COMMUNITY-BASED PROGRAM THAT HAS LED THE TAX EQUITY FIELD IN BOSTON FOR 19 YEARS. THE PROGRAM PROVIDES FREE, HIGH-QUALITY TAX PREPARATION AND ASSET BUILDING SERVICES IN EIGHT LANGUAGES TO APPROXIMATELY 6,870 LOW AND MODERATE-INCOME TAXPAYERS IN BOSTON ANNUALLY.
FINANCIAL OPPORTUNITY CENTER - PROGRAM WHICH IS PROVIDED TO LOW-TO MODERATE-INCOME RESIDENTS BY PROVIDING CAREER SERVICES, TO HELP RESIDENTS START ON A PATHWAY THAT LEADS TO EMPLOYMENT OPPORTUNITIES THAT PAY LIVING WAGES, AND INDIVIDUALIZED FINANCIAL COACHING, WHICH BEGINS WITH A BUDGET AND GOAL FOR THE FUTURE, INCORPORATING SAVINGS AND ASSET BUILDING. THIS FREE COACHING TAKES PLACE IN ONE-ON-ONE MEETINGS OVER 18-24 MONTHS. THIS PROGRAM SUPPORTED APPROXIMATELY 2,500 RESIDENTS IN FISCAL YEAR 2020. CREDIT BUILDING PROGRAMMING. EARLY CHILDHOOD LITERACY, AND CHILDREN'S SAVINGS ACCOUNTS ARE ALSO KEY COMPONENTS OF THE SERVICES PROVIDED BY THE CENTER.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Robert Luisi | FORMER TREASURER | 2 | $0 |
| William P Nickerson | SR. FINANCE MGR. | 1 | $0 |
| Gisella Soriano | ASSISTANT CLERK | 1 | $0 |
| Eileen Brophy | CLERK | 1 | $0 |
| Brian Connolly | TREASURER | 1 | $0 |
| Josefina B Silva | TRUSTEE | 1 | $0 |
| Marijo Mccarthy Esq | TRUSTEE | 1 | $0 |
| Reginald A Nunnally | TRUSTEE | 1 | $0 |
| Marvin E Gilmore | TRUSTEE | 1 | $0 |
| Frank L Davis Iii | TRUSTEE | 1 | $0 |
| Michael F Burke Esq | TRUSTEE | 1 | $0 |
| E Renee Lefevre | VICE PRESIDENT | 2 | $0 |
| John E Marston | PRESIDENT | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202141049349300734_public.xml