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EIN 04-3246547

BCLF Managed Assets Corporation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Boston
State
Massachusetts
Year formed
1996
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
BCLF Managed Assets Corporation is a private foundation located in Boston, MA. The organization develops new business initiatives and innovative funding vehicles for low-income individuals and communities.
Total revenues
$1,078,785
2022
Total expenses
$1,074,835
2022
Total assets
$21,055,173
2022
Num. employees
6
2022

Program areas at BCLF Managed Assets Corporation

The organization develops new business initiatives and innovative funding vehicles for low-income individuals and communities.
Management fees associated with its participation in the underwriting of qualified low-income community investments and upfront fees

Grants made by BCLF Managed Assets Corporation

GranteeGrant descriptionAmount
One Percent for AmericaOperating Support$3,000,000

Personnel at BCLF Managed Assets Corporation

NameTitleCompensation
Elyse CherryChief Executive Officer Boston Community Capital President Boston Community Venture Fund , Aura Mortgage Advisors and NSP Residen$199,533
Lisa ZappalaChief Financial Officer$15,352
Maria EliaChief Administrative Officer Operations and Administration
Andrew KohSenior Vice President of Operations and Administration
Mei See Law-SandsonSenior Vice President of Portfolio Management Community Development Financing
...and 14 more key personnel

Financials for BCLF Managed Assets Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$46,187
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$1,032,598
Total revenues$1,078,785

Form 990s for BCLF Managed Assets Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-10990PFView PDF
2019-122021-06-11990PFView PDF
2018-122019-10-31990PFView PDF
...and 7 more Form 990s

Organizations like BCLF Managed Assets Corporation

OrganizationLocationRevenue
Southmayd HomeWaterbury, CT$2,189,158
Lynn Home for Elderly PersonsLynn, MA$3,754,311
Lathrop HomeNorthampton, MA$2,721,408
The HomesteadWoodstock, VT$1,091,279
Samuel W Bell Home for SightlessCincinnati, OH$661,979
Southern Affordable ServicesWinter Park, FL$792,436
Petersburg Home for LadiesPetersburg, VA$2,752,733
Moody ManorHialeah, FL$679,330
Winchester Mount Vernon House (WMVH)Winchester, MA$1,056,185
Old Ladies Home SocietyBeverly, MA$477,486
Data update history
January 1, 2024
Posted financials
Added Form 990PF for fiscal year 2022
August 7, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 4, 2023
Posted financials
Added Form 990PF for fiscal year 2020
November 14, 2022
Used new vendors
Identified 1 new vendor, including
January 30, 2022
Updated personnel
Identified 5 new personnel
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Human servicesHousing
Characteristics
Partially liquidatedState / local levelTax 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
IRS details
EIN
04-3246547
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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