Public Charity

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION, of DORCHESTER, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.2M in revenue, $7.7M in expenses, $55.1M in total assets. 48 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.

EIN: 042681632 DORCHESTER, MA Latest filing: 2024
Total Revenue$7.2M
Total Expenses$7.7M
Total Assets$55.1M
Grant Records48
Funding Total$2.6M
Filing Years2019–2024

Mission

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION ACTS TO BUILD A STRONG, THRIVING, AND DIVERSE COMMUNITY IN BOSTON'S DORCHESTER NEIGHBORHOODS. WORKING CLOSELY WITH NEIGHBORHOOD RESIDENTS AND PARTNERS, WE ACCESS RESOURCES TO:-DEVELOP AND PRESERVE AFFORDABLE HOME OWNERSHIP AND RENTAL HOUSING,-CREATE AND SUSTAIN COMMERCIAL AND ECONOMIC DEVELOPMENT OPPORTUNITIES, AND-BUILD COMMUNITY POWER THROUGH ORGANIZING AND LEADERSHIP DEVELOPMENT.

Sample Grants Received

2024
TO SUPPORT THE FUNCTIONS OF DBEDC
$500,000
2024
Community Impact
$46,009
2024
GENERAL SUPPORT
$25,000
2023
CARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS
$100,000

Showing up to 5 of 48 total records — full history available with membership.

Officers & Directors

BOARD MEMBER An Duong
BOARD MEMBER Angela Yarde
CREDIT OFFICER / PORTFOLIO MANAGER Brenda Guerra Segura
TREASURER Brian Welch
BOARD MEMBER Damaris Amachree
BOARD MEMBER (UNTIL 4/2024) Derrick Bellinger

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing and Shelter
$575,000 3 grants
Community Impact
$516,774 10 grants
TO SUPPORT THE FUNCTIONS OF DBEDC
$500,000 1 grant
TO SUPPORT TECHNOLOGY, STAFF, AND OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS WITH THE GOAL OF CONTINUOUSLY IMPROVING OUTCOMES FOR SMALL BUSINESS OWNERS
$200,000 1 grant
CARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $7.2M $7.7M $55.1M
2023 $12.6M $8.2M $53.9M
2022 $10.2M $8.1M $62.8M
2020 $8.9M $7.2M $60.1M
2019 $12.0M $5.4M $43.1M

Between 2019 and 2024, reported annual revenue declined from $12.0M to $7.2M (-40%), with total assets most recently reported at $55.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION

Complete financials, all 48 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time