Mission
To assist the creation of affordable housing and economic development that benefits the residents of East Boston.
Public Charity
EBCDC INC
Based in EAST BOSTON, MA, EBCDC INC operates as a Public Charity. The organization reported $9.1M in revenue, $6.5M in expenses, $70.2M in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $6.3M.
EIN: 042755270
EAST BOSTON, MA
Latest filing: 2024
Total Revenue$9.1M
Total Expenses$6.5M
Total Assets$70.2M
Grant Records2
Funding Total$6.3M
Filing Years2019–2024
Where $100 goes at Ebcdc Inc
How Ebcdc Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$72
Programs
the work itself
$28
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $72 for programs
$72
Assisted entities in East Boston in developing different projects to increase the stock of low and medium income affordable housing available to the residents of East Boston
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$6,183,391
Housing and Shelter
$100,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
FORMER PRESIDENT
Albert Caldarelli
CHIEF OPERATING OFFICER
Albert Festa
DIRECTOR
Annieratha Saing
DIRECTOR
Anthony Picarello
DIRECTOR / TREASURER
Blanca Ayala
CHIEF FINANCIAL OFFICER
Cynthia Fronduto
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $9.1M | $6.5M | $70.2M |
| 2023 | $6.8M | $6.5M | $63.3M |
| 2022 | $5.0M | $5.0M | $63.5M |
| 2020 | $5.7M | $4.2M | $57.9M |
| 2019 | $7.0M | $3.9M | $48.8M |
Between 2019 and 2024, reported annual revenue grew from $7.0M to $9.1M (+29%), with total assets most recently reported at $70.2M.
Interactive year-over-year charts and full filing details available with membership.