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Boston urban development organizations

There are 63urban development organizations in the greater Bostonmetro area, including the cities of Boston, Cambridge, Framingham, Newton, and Waltham. Combined, these Boston metro urban development organizationsemploy 839 people, earn more than $137 million in revenue each year, and have assets of $793 million.
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Job trends for Boston urban development organizations

Employees per organizationNumber of organizations
0
17
1-10
9
11-25
8
26-100
4
101 to 1,000
2
1,000+
0
Key takeaways for employment stats:

Sizes of urban development organizations in Boston

Revenues per organizationNumber of organizations
< $250k
31
$250k to $1M
7
$1M to $5M
13
$5M to $25M
6
$25M to $100M
1
$100M+
0
Key takeaways for revenue stats:

Directory of urban development organizations in Boston

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1-20 of 63

A Better City

A Better City is a diverse group of business leaders united around a common goal, to enhance Boston and the region's economic health, competitiveness, vibrancy, sustainability and quality of life.
Revenue
$2.5m
Assets
$3.0m
Employees
16
EIN
04-3036987
IRS type
501(c)(6)

Bluehub Loan Fund

Founded in 1984 to meet the credit needs of organizations and communities traditionally denied access to capital, the Boston Community Loan Fund has been the core of Boston Community Capital's business lines.
Revenue
$22.1m
Assets
$290.0m
Employees
50
EIN
22-2593378
IRS type
501(c)(3)

Dorchester Bay Economic Development Corporation

Dorchester Bay Economic Development Corporation acts to build a strong, thriving, and diverse community in Boston's Dorchester neighborhoods. Working closely with neighborhoods, residents, businesses and partners.
Revenue
$10.2m
Assets
$62.8m
Employees
37
EIN
04-2681632
IRS type
501(c)(3)

Initiative for A Competitive Inner City

ICIC drives economic prosperity in under-resourced communities through research and programs that create jobs, income, and wealth for local residents.
Revenue
$11.6m
Assets
$11.7m
Employees
70
EIN
13-3772904
IRS type
501(c)(3)

Boston Community Capital Venture Fund

Boston Community Capital created their Venture Fund to provide equity investments in high-potential businesses that create financial, social and environmental returns.
Revenue
$7.9m
Assets
$91.9m
Employees
50
EIN
04-3246552
IRS type
501(c)(3)

Massachusetts Association of Community Development Corporation

A membership organization advancing economic opportunity and racial equity by supporting community-based efforts in Massachusetts through skill-building and capacity-strengthening.
Revenue
$2.2m
Assets
$1.7m
Employees
15
EIN
04-2759909
IRS type
501(c)(3)

Centerboard

(continued from page 1) we work with local residents, businesses, and elected officials to increase economic opportunity in the community. Through these efforts, we serve over 1,500 people each year.
Revenue
$26.2m
Assets
$29.2m
Employees
221
EIN
04-3019658
IRS type
501(c)(3)

Black Economic Council of Massachusetts (BECMA)

BECMA advocates for Black economic well-being in Massachusetts, through leadership development, business assistance, and strategic partnerships.
Revenue
$4.2m
Assets
$2.8m
Employees
16
EIN
81-0687250
IRS type
501(c)(3)

Boston Impact Initiative Fund

Boston Impact Initiative Fund invests in economic justice and challenges conventional beliefs through impact investments and field-building initiatives.
Revenue
$2.9m
Assets
$10.1m
Employees
6
EIN
82-1543658
IRS type
501(c)(3)

Coalition for a Better Acre (CBA)

Coalition for a Better Acre (CBA) is a membership-based community development corporation dedicated to resident empowerment and sustainable community revitalization for current and future residents of Lowell and the Merrimack Valley.
Revenue
$4.5m
Assets
$36.1m
Employees
13
EIN
04-2760272
IRS type
501(c)(3)

Dudley Street Neighborhood Initiative (DSNI)

The Dudley Street Neighborhood Initiative's mission is to empower Dudley residents to organize, plan for, create and control a vibrant, diverse and high-quality neighborhood in collaboration with community partners.
Revenue
$3.3m
Assets
$4.5m
Employees
11
EIN
04-2859066
IRS type
501(c)(3)

La Colaborativa

Empowering Latinx immigrants to enhance the social and economic health of the community and its people; and to hold institutional decision-makers accountable to the community.
Revenue
$7.4m
Assets
$16.8m
Employees
267
EIN
22-2906521
IRS type
501(c)(3)

Cooperative Fund of the Northeast

A finance and education provider for community-based, cooperative ventures with a focus on serving low-income areas in the Northeast.
Revenue
$4.8m
Assets
$47.9m
Employees
14
EIN
03-0264092
IRS type
501(c)(3)

Local Enterprise Assistance Fund (LEAF)

LEAF provides low-cost financing and development assistance to community-owned businesses and worker-owned cooperatives, prioritizing healthy foods and environmental initiatives.
Revenue
$3.5m
Assets
$26.2m
Employees
12
EIN
04-2763724
IRS type
501(c)(3)

CDI Development Fund

The CDI Development Fund develops and trains cooperatives, with a focus on creating cooperative resident owned communities for economically disadvantaged communities in Maynard, MA.
Revenue
$2.1m
Assets
$19.2m
Employees
0
EIN
04-3464735
IRS type
501(c)(3)

Jamaica Plain Neighborhood Development Corporation

Jamaica Plain Neighborhood Development Corporation rehabilitates and maintains commercial real estate to house small, local businesses that create job opportunities for area low-income people.
Revenue
$3.6m
Assets
$17.0m
Employees
0
EIN
22-2598255
IRS type
501(c)(3)

Hungry Hill Community Development Corporation

Hungry Hill Community Development Corporation is an urban development organization in Hanover, MA whose mission is: Economic and housing development.
Revenue
$6.7m
Assets
$63.6m
Employees
0
EIN
04-3216873
IRS type
501(c)(3)

Boston Local Development Corporation

Boston Local Development Corp provides long-term financing for Boston firms, financial opportunity center program, and Earned Income Tax Credit volunteer program.
Revenue
$2.0m
Assets
$7.7m
Employees
0
EIN
04-2681311
IRS type
501(c)(3)

Lawrence Partnership

Public/private partnership for economic development and business growth in Lawrence, MA and surrounding areas. Provides financing and capital support.
Revenue
$972.7k
Assets
$834.2k
Employees
0
EIN
47-1019447
IRS type
501(c)(3)

Dorchester Bay Neighborhood Loan Fund

DB Neighborhood Loan Fund offers loans and technical assistance to small businesses in Dorchester, MA, focusing on low-income projects.
Revenue
$1.4m
Assets
$2.0m
Employees
0
EIN
04-3473587
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S31: Urban, Community Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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