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EIN 04-3379905

Massdevelopmenthefa Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Boston
State
Massachusetts
Year formed
1997
Most recent tax filings
2023-06-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
The Trust may provide funds (i) for the benefit of Massachusetts development finance agency (massdevelopment), a quasi-public entity, to reduce charges that it otherwise would impose on certain institutions using its services and (ii) for the benefit of certain charitable organizations and governmental entities that the former Massachusetts health and educational facilities authority, prior to its merger by law into massdevelopment, was authorized by statute to assist.
Also known as...
Hefa Charitable Institutional Trust
Total revenues
$74,249
2023
Total expenses
$247,455
2023
Total assets
$9,317,179
2023
Num. employees
0
2023

Program areas at Massdevelopmenthefa Trust

During the year, a total of 4 grants were awarded through the community health center grant program. The program provides grants of up to $50,000 to community health centers for infrastructure projects, which include construction, renovation, equipment, furniture, and technology related projects.

Grants made by Massdevelopmenthefa Trust

GranteeGrant descriptionAmount
Community Health CenterPurchase, Upgrade and Install Our Identification Badge and Camera Surveillance Systems at Our Satellite Locations in Centerville, Sandwich, Falmouth, and Bourne.$50,000
The Dimock CenterProject Recover - Modifying and Expanding Dimock's Health Care Services and Infrastructure (Project Recover), the Health Center Is Seeking To Begin Implementation of Strategic "moves" Within the Richards Building and Eye Services at Dimock.$50,000
Fenway HealthFunds Are Requested To Purchase A 3D Printer for Its Dental Department.$50,000

Personnel at Massdevelopmenthefa Trust

NameTitleCompensation
Sean CalnanTrustee$0

Financials for Massdevelopmenthefa Trust

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$283,768
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-209,519
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$74,249

Form 990s for Massdevelopmenthefa Trust

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-18990View PDF
2022-062023-02-03990View PDF
2021-062022-04-11990View PDF
2021-062022-03-25990View PDF
2020-062021-04-05990View PDF
...and 10 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
99 High St
Boston, MA 02110
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Phone
(617) 330-2000
IRS details
EIN
04-3379905
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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