DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION

BOSTON, MA, 02125-3436 (617) 825-4200 Est. 1979 EIN 04-2681632
S310 - Community Improvement 990 - Public charity return 501(c)(3)
www.dbedc.org

Mission

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION ACTS TO BUILD A STRONG, THRIVING, AND DIVERSE COMMUNITY IN BOSTON'S DORCHESTER NEIGHBORHOODS. WORKING CLOSELY WITH NEIGHBORHOOD RESIDENTS AND PARTNERS, WE ACCESS RESOURCES TO:-DEVELOP AND PRESERVE AFFORDABLE HOME OWNERSHIP AND RENTAL HOUSING,-CREATE AND SUSTAIN COMMERCIAL AND ECONOMIC DEVELOPMENT OPPORTUNITIES, AND-BUILD COMMUNITY POWER THROUGH ORGANIZING AND LEADERSHIP DEVELOPMENT.

Giving Portfolio

Total Grants
20
Total Giving
$686K
Recipients
20
Years Active
2018 - 2024
Avg grant: $31,535 Median: $13,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20242$20K $10K02
20231$10K $10K01
20225$283K $57K41
20203$141K $47K12
20197$142K $20K52
20182$91K $46K20

Sectors Funded

Community Improvement
10
Housing & Shelter
3
Employment
2
Environment
1
Human Services
1
Education
1
Health Care
1

Top States

Massachusetts
19
New York
1

Grantee Size Profile

$1M - $5M
7
$5M - $10M
5
Over $50M
4
$10M - $50M
1
$500K - $1M
1

Top Grantees

Page 1 of 2

Grants Awarded · 20 grants

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Financials

Total Revenue
$7,247,140
Total Expenses
$7,674,271
Net Assets
$25,616,892
44 employees 50 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
3.3 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 42.5%
Expenses ↓ 6.0%
Revenue Sources
Contributions 23.2% Earned revenue 68.4% Investment 4.2% Other 4.0%
Expense Breakdown
Program 69.8% Management 19.4% Fundraising 10.8%

Officers & Trustees (22)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$7,247,140 ↓$7,674,271$25,616,892
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$12,593,252 ↑$8,160,945$24,294,452
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$10,163,285 ↑$8,063,463$23,182,523
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$8,874,530 ↓$7,249,188$17,300,043
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$12,026,671 ↑$5,383,799$12,582,744
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$5,073,309 $4,704,257$5,939,302

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EIN: 04-2681632 · Source: IRS Form 990 e-file data