Public Charity

LOCAL ENTERPRISE ASSISTANCE FUND

LOCAL ENTERPRISE ASSISTANCE FUND, of BOSTON, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.6M in revenue, $5.2M in expenses, $34.5M in total assets. 17 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 042763724 BOSTON, MA Latest filing: 2025
Total Revenue$5.6M
Total Expenses$5.2M
Total Assets$34.5M
Grant Records17
Funding Total$2.2M
Filing Years2021–2025

Mission

LEAF'S MISSION IS TO PROMOTE HUMAN AND ECONOMIC DEVELOPMENT BY PROVIDING FINANCING AND DEVELOPMENT ASSISTANCE TO COOPERATIVES AND SOCIAL PURPOSE VENTURES THAT CREATE AND RETAIN JOBS FOR LOW-INCOME PEOPLE.

Officers & Directors

SENIOR LOAN OFFICER Alan Singer
DIRECTOR & CLERK Alexander Pyle
MANAGING DIRECTOR Amine Benali Director
CFO Carol Ann Mcauliffe
DIRECTOR & CHAIRPERSON Christine Clamp
ADVISORY SERVICE DIRE Christopher Hunter Director

Officer compensation and complete director data available with membership.

Top Grant Purposes

Operating Support/Annual Fund
$905,209 2 grants
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
$500,000 1 grant
GENERAL SUPPORT
$300,000 3 grants
COMMUNITY WELFARE
$191,100 1 grant
Economic Development
$175,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.6M $5.2M $34.5M
2024 $5.2M $4.3M $31.1M
2023 $3.5M $2.9M $26.2M
2022 $8.3M $2.7M $24.2M
2021 $3.4M $1.8M $15.5M

Between 2021 and 2025, reported annual revenue grew from $3.4M to $5.6M (+67%), with total assets most recently reported at $34.5M.

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

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