Public Charity

BLUEHUB CAPITAL INC

BLUEHUB CAPITAL INC is a Public Charity headquartered in BOSTON, MA. Financial data from the 2024 filing: $2.4M revenue, $1.3M expenses, $16.1M total assets. 24 publicly reported grants to this organization, totaling roughly $1.4M, appear in IRS filings.

EIN: 043246555 BOSTON, MA Home Improvement & Repairs NTEE: L81 Latest filing: 2024
Total Revenue$2.4M
Total Expenses$1.3M
Total Assets$16.1M
Grant Records24
Funding Total$1.4M
Filing Years2019–2024

Mission

TO PROVIDE BELOW MARKET RATE CAPITAL TO COMMUNITY BASED ORGANIZATIONS FOR DEVELOPMENT OF AFFORDABLE HOUSING AND TO PROVIDE BROADER COMMUNITY LENDING THAT DIRECTLY OR INDIRECTLY BENEFITS LOW INCOME OR DISADVANTAGED PEOPLE OR COMMUNITIES.

Where $100 goes at Bluehub Capital Inc

How Bluehub Capital Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$73 Programs the work itself
$23 Management running the organization
$4 Fundraising raising the next dollar

Inside the $73 for programs

$38
Nsp residential, LLC (nsp) was formed to combat community deterioration and improve general conditions where low-income people live and work
53% of program spending
$35
Bluehub Capital was formed as a holding company that oversees administration, finance, human resources, and investor relations for the organization and its affiliates
47% of program spending
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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

2024
PUBLIC, SOCIETAL BENEFIT
$50,000
2024
For grant recipient's exempt purposes
$7,000
2023
Community & Neighborhood Development
$164,667
2022
FINANCE JUSTICE FUND SUBGRANT
$175,000
2022
RHODE ISLAND WORKING CITIES CHALLENGE
$82,500

Showing up to 5 of 24 total records — full history available with membership.

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.

Top Grant Purposes

General Support
$679,759 15 grants
Environment & Conservation
$200,000 1 grant
Civil Rights & Social Justice
$175,000 1 grant
Housing & Homelessness
$5,000 1 grant
Human & Social Services
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.4M $1.3M $16.1M
2023 $754K $3.5M $12.7M
2022 $3.0M $3.3M $16.1M
2020 $2.1M $2.1M $22.0M
2019 $3.3M $1.0M $20.0M

Between 2019 and 2024, reported annual revenue declined from $3.3M to $2.4M (-29%), with total assets most recently reported at $16.1M.

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

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