1. Directory
  2. Massachusetts
  3. Boston
  4. Boston Community Capital Venture Fund
EIN 04-3246552

Boston Community Capital Venture Fund

IRS 501(c) type
501(c)(3)
Num. employees
50
City
Boston
State
Massachusetts
Year formed
1994
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Boston Community Capital created their Venture Fund to provide equity investments in high-potential businesses that create financial, social and environmental returns.
Related structure
Boston Community Capital Venture Fund is a subordinate organization under Bluehub Loan Fund.
Also known as...
BCLF Ventures
Total revenues
$7,927,140
2022
Total expenses
$5,502,240
2022
Total assets
$91,889,237
2022
Num. employees
50
2022

Program areas at Boston Community Capital Venture Fund

The organization manages equity investment funds which invest in both emerging and existing businesses that create jobs or provide services for low-income communities.
The organization's disregarded entity, aura mortgage advisors, acts as a mortgage broker/lender for low-income people and communities.

Personnel at Boston Community Capital Venture Fund

NameTitleCompensation
Elyse CherryDirector / Chief Executive Officer / President$319,254
Lisa ZappalaChief Financial Officer$61,409
Lubna EliaChief Administrative Officer$0
Andrew KohSenior Vice President of Operations and Administration / Senior Vice President , Operations / Senior Vice President of Operations / Director of Operations$0
Mei See Law-SandsonSenior Vice President of Portfolio Management Community Development Financing
...and 36 more key personnel

Financials for Boston Community Capital Venture Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,826,265
Program services$4,616,949
Investment income and dividends$236,628
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,247,298
Total revenues$7,927,140

Form 990s for Boston Community Capital Venture Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-11-10990View PDF
2019-122021-03-01990View PDF
2018-122019-10-30990View PDF
...and 8 more Form 990s

Organizations like Boston Community Capital Venture Fund

OrganizationLocationRevenue
Coastal Enterprises (CEI)Brunswick, ME$13,614,519
Washington Area Community Investment FundWashington, DC$9,086,978
Cincinnati Development Fund (CDF)Cincinnati, OH$10,309,687
Bluehub Loan FundBoston, MA$22,068,331
Cinnaire Lending CorporationLansing, MI$12,692,635
New Hampshire Community Loan FundConcord, NH$14,740,663
Colorado Enterprise Fund (CEF)Denver, CO$16,879,154
Northern California Community Loan FundSan Francisco, CA$13,288,785
Community Reinvestment Fund (CRF)Minneapolis, MN$38,368,250
I2eOklahoma City, OK$9,581,488
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 4 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
10 Malcolm X Blvd
Boston, MA 02119
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
bluehubcapital.org:443/ 
Phone
(617) 427-8600
Facebook page
BostonCommunityCapital 
IRS details
EIN
04-3246552
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
Free account sign-up

Want updates when Boston Community Capital Venture Fund has new information, or want to find more organizations like Boston Community Capital Venture Fund?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy