Public Charity

NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC

NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC, of BOSTON, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.0M in revenue, $3.7M in expenses, $2.3M in total assets. 1 publicly reported grants to this organization, totaling roughly $5K, appear in IRS filings.

EIN: 874519402 BOSTON, MA Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$4.0M
Total Expenses$3.7M
Total Assets$2.3M
Grant Records1
Funding Total$5K
Filing Years2022–2025

Mission

THE PURPOSE OF THIS CORPORATION IS TO DEVELOP, IMPLEMENT, MANAGE, OPERATE, ENHANCE AND PROMOTE THE GENERAL WELFARE OF THE PEOPLE WITHIN THE DESIGNATED NEWMARKET BUSINESS IMPROVEMENT DISTRICT, THROUGH ACTIVITIES, PROGRAMS, AND SERVICES TO INCLUDE BUT NOT BE LIMITED TO MARKETING, MAINTENANCE, SECURITY, PLANNING AND PHYSICAL IMPROVEMENTS TO THE DISTRICT ALL BEING SUPPLEMENTAL TO THOSE PROVIDED BY THE CITY OF BOSTON.

Officers & Directors

DIRECTOR Andrew Grace
DIRECTOR Bob Biggio
DIRECTOR Cheryl Schondek
DIRECTOR Deryck Reid
DIRECTOR Frank Baker
DIRECTOR Gerry Dipierro

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$5,250 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $3.7M $2.3M
2024 $3.7M $3.6M $1.2M
2023 $3.6M $3.0M $1.2M
2022 $1.0M $649K $598K

Between 2022 and 2025, reported annual revenue grew from $1.0M to $4.0M (+300%), with total assets most recently reported at $2.3M.

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

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