Mission
COMMUNITY VENTURE CAPITAL
Public Charity
BCLF VENTURES INC
BCLF VENTURES INC is a nonprofit organization categorized as Public Charity based in BOSTON, MA. Its most recent IRS filing (2024) reports revenue of $6.4M, expenses of $5.4M, total assets of $82.0M.
EIN: 043246552
BOSTON, MA
Housing Expense Reduction Support
NTEE: L82
Latest filing: 2024
Total Revenue$6.4M
Total Expenses$5.4M
Total Assets$82.0M
Grant Records0
Filing Years2019–2024
Where $100 goes at Bclf Ventures Inc
How Bclf Ventures Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$82
Programs
the work itself
$18
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 $82 for programs
$79
The organization's disregarded entity, aura mortgage advisors, acts as a mortgage broker/lender for low-income people and communities
$3
The organization manages equity investment funds which invest in both emerging and existing businesses that create jobs or provide services for low-income communities
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.
Officers & Directors
SVP, PORTFOLIO MANAGEMENT
Arunabha Chakravarty
CHIEF OPERATING OFFICER
Brenda Loya
CHAIRMAN OF THE BOARD
Charles Clark
PRESIDENT, BLUEHUB ENERGY
Dewitt Jones
BOARD MEMBER
Edward Dugger Iii
CEO & EX-OFFICIO BOARD MEMBER
Elyse Cherry
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.4M | $5.4M | $82.0M |
| 2023 | $5.8M | $5.3M | $82.5M |
| 2022 | $7.9M | $5.5M | $91.9M |
| 2020 | $9.1M | $6.2M | $107.6M |
| 2019 | $9.3M | $7.0M | $107.1M |
Between 2019 and 2024, reported annual revenue declined from $9.3M to $6.4M (-31%), with total assets most recently reported at $82.0M.
Interactive year-over-year charts and full filing details available with membership.