Mission
BECMA'S MISSION IS TO ADVANCE THE ECONOMIC WELL-BEING OF BLACK BUSINESSES, ORGANIZATIONS, AND RESIDENTS IN MASSACHUSETTS THROUGH ADVOCACY, BUSINESS AND LEADERSHIP DEVELOPMENT, AND STRATEGIC PARTNERSHIPS.
Public Charity
BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC
Based in ROXBURY CROSSING, MA, BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC operates as a Public Charity. The organization reported $4.0M in revenue, $3.5M in expenses, $4.0M in total assets for fiscal year 2025. Imperigo tracks 49 reported grant relationships connected to this organization totaling approximately $3.1M.
EIN: 810687250
ROXBURY CROSSING, MA
Black Studies
NTEE: V31
Latest filing: 2025
Total Revenue$4.0M
Total Expenses$3.5M
Total Assets$4.0M
Grant Records49
Funding Total$3.1M
Filing Years2020–2025
Where $100 goes at Black Economic Council of Massachusetts Inc
How Black Economic Council of Massachusetts Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$73
Programs
the work itself
$16
Management
running the organization
$11
Fundraising
raising the next dollar
Inside the $73 for programs
$37
Supports mass based black led firms via grants, back-office support, and digital solutions
$36
Through one of their wholly-owned subsidiaries, bci, the organization makes loans to members of the community they serve
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Capital Campaign
$170,000
Economic Development
$150,000
GENERAL OPERATING EXPENSES
$108,000
PROGRAM ASSISTANCE
$100,000
GENERAL SUPPORT
$100,000
Showing up to 5 of 49 total records — full history available with membership.
Officers & Directors
CHIEF OF POLICY
Alyssa Benalfew-Ramos
DIRECTOR
Charran Fisher
SECRETARY/CLERK
Chiderah Okoye
DIRECTOR
Courtney Brunson
DIRECTOR
Dana Mendenhall
DIRECTOR
Daren Bascome
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.0M | $3.5M | $4.0M |
| 2024 | $5.8M | $5.2M | $4.2M |
| 2023 | $4.4M | $4.9M | $3.4M |
| 2022 | $4.2M | $3.0M | $2.8M |
| 2020 | $1.6M | $346K | $1.4M |
Between 2020 and 2025, reported annual revenue grew from $1.6M to $4.0M (+149%), with total assets most recently reported at $4.0M.
Interactive year-over-year charts and full filing details available with membership.