Program areas at Bluehub Capital
Bluehub Capital was formed as a holding company that oversees administration, finance, human resources, and investor relations for the organization and its affiliates. The holding company has acted as developer for all solar energy projects owned and operated to date by solar energy advantage, Inc., a corporation which it owns 100% (see schedule r) and has earned developer fees for these services. These developer fees for all future projects are now earned by solar energy advantage Inc. Directly and will no longer be included on schedule r.
Nsp residential, llc (nsp) was formed to combat community deterioration and improve general conditions where low-income people live and work. Nsp purchases residential properties and rehabilitates them to rent or sell to low-income individuals.
Who funds Bluehub Capital
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Robert Wood Johnson Foundation (RWJF) | 2023-12 | 80808 Supporting the Federal Reserve Bank of Boston in Advancing Economic Inclusion in Underinvested Small Cities in New England | $450,000 |
| Maine Community Foundation | 2023-12 | Community & Neighborhood Development | $164,667 |
| Doris Duke Charitable Foundation | 2022-12 | To Support the Federal Reserve Bank of Bostons Leaders for Equitable Local Economies Fellowship, An Equity-Focused Leadership Skills Training Program for Multi-Sector Teams in Massachusetts Implementing Strategies That Promote Economic Development | $150,000 |
Personnel at Bluehub Capital
| Name | Title | Compensation | Date of data |
|---|
| Elyse D. Cherry | Chief Executive Officer | $119,720 | 2024-11-22 |
| Jackie Barry Hamilton | Chief Financial Officer | | 2024-11-22 |
| Lisa Zappala | Executive Vice President of Finance | $92,114 | 2024-11-22 |
| Monica Sevy | Chief Information Officer | | 2024-11-22 |
| Lubna Maria Elia | Chief Administrative Officer | $231,098 | 2024-11-22 |
| ...and 35 more key personnel |
Financials for Bluehub Capital
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $619 | $1,110,623 | -99.9% |
| Program services | $447,830 | $1,882,756 | -76.2% |
| Investment income and dividends | $305,135 | $20,791 | 1367.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $344 | $130 | 164.6% |
| Total revenues | $753,928 | $3,014,300 | -75% |
Organizations like Bluehub Capital
| Organization | Type | Location | Revenue |
|---|
| Berkshire Fund | 501(c)(3) | Pittsfield, MA | $2,688,891 |
| Scott County Housing Council | 501(c)(3) | Davenport, IA | $747,086 |
| Housing Trust Fund of Johnson County | 501(c)(3) | Iowa City, IA | $2,311,374 |
| The Northeastern Connecticut Community Development Corporation | 501(c)(3) | Plainfield, CT | $355,990 |
| Pacific Housing Assistance Corporation | 501(c)(3) | Honolulu, HI | $2,445,292 |
| Housing First Minnesota Foundation | 501(c)(3) | Roseville, MN | $912,694 |
| West Lakes Partnership | 501(c)(3) | Orlando, FL | $334,386 |
| Western Iowa Community Improvement Regional Housing Trust Fund | 501(c)(3) | Sioux City, IA | $549,058 |
| GROW South Dakota | 501(c)(3) | Sisseton, SD | $3,106,545 |
| Galvan Housing Resources | 501(c)(3) | Hudson, NY | $682,866 |
Data update history
November 22, 2024
Updated personnel
Identified 11 new personnel
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 10 Malcolm X Blvd Ground Floo
- Boston, MA 02119
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- bluehubcapital.org:443/Â
- Phone
- (617) 427-8600
IRS details
- EIN
- 04-3246555
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1994
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L80: Housing Support Services
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
Free account sign-up
Want updates when Bluehub Capital has new information, or want to find more organizations like Bluehub Capital?
Create free Cause IQ account