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
Personnel at Bluehub Capital
| Name | Title | Compensation | Date of data |
|---|
| Elyse Cherry | Chief Executive Officer and Board / Director / Chief Executive Officer | $119,720 | 2022-12-31 |
| Lisa Zappala | Chief Financial Officer | $92,114 | 2023-11-08 |
| Lubna Elia | Chief Administrative Officer | $231,098 | 2022-12-31 |
| Andrew Koh | Senior Vice President of Operations and Administration | $215,611 | 2023-01-26 |
| Mei See Law-Sandson | Senior Vice President of Portfolio Management Community Development Financing | Bluehub Loan Fund | | 2022-01-13 |
| ...and 30 more key personnel |
Financials for Bluehub Capital
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,110,623 | $82,475 | 1246.6% |
| Program services | $1,882,756 | $1,969,454 | -4.4% |
| Investment income and dividends | $20,791 | $37,589 | -44.7% |
| 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 | $130 | $0 | 999% |
| Total revenues | $3,014,300 | $2,089,518 | 44.3% |
Organizations like Bluehub Capital
| Organization | Type | Location | Revenue |
|---|
| Network for Oregon Affordable Housing | 501(c)(3) | Portland, OR | $8,548,248 |
| Roc USA LLC | 501(c)(3) | Concord, NH | $14,090,679 |
| Community Development Corporation of Utah | 501(c)(3) | Salt Lake City, UT | $2,737,981 |
| CHN Housing Capital | 501(c)(3) | Cleveland, OH | $3,226,657 |
| Neighborhood Housing Services of Greater Berks | 501(c)(3) | Reading, PA | $6,693,913 |
| Ithaca Neighborhood Housing Services (INHS) | 501(c)(3) | Ithaca, NY | $7,288,232 |
| Esperanza Community Housing Corporation | 501(c)(3) | Los Angeles, CA | $6,692,281 |
| New Directions Housing Corporation | 501(c)(3) | Louisville, KY | $9,717,897 |
| Avenue | 501(c)(3) | Houston, TX | $13,725,798 |
| GROW South Dakota | 501(c)(3) | Sisseton, SD | $3,106,545 |
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 1 new personnel
December 28, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
LobbyingState / local levelReceives government fundingTax deductible 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
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