2026-06-09T09:53:18-05:00 2025-12-31 823736106 POZERSKI HATCH & COMPANY 100 LEDGEWOOD PLACE SUITE 304 ROCKLAND MA 02370 990 2025-01-01 810687250 BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC BLAC 8573084623 1234 COLUMBUS AVE BUILDING 3 ROXBURY CROSSING MA 02120 NICOLE OBI PRESIDENT AND CEO 6174701665 2026-06-08 1 MICHELLE HATCH P01222458 7814801430 2026-06-08 2025 2025-03-06 01:10:19Z NICOLE OBI 1234 COLUMBUS AVE BUILDING 3 ROXBURY CROSSING MA 02120 4085252 0 X HTTPS://WWW.BECMA.ORG/ X 2015 MA TO ADVANCE THE ECONOMIC WELL-BEING OF BLACK BUSINESSES, ORGANIZATIONS & RESIDENTS IN MA. 13 12 18 22 -26648 0 4842685 2942592 962194 1036570 42871 15519 -1926 -43402 5845824 3951279 447431 359502 0 0 2237247 1708756 0 0 638753 2565082 1466915 5249760 3535173 596064 416106 4202825 4014086 1755701 1150856 2447124 2863230 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. 0 0 2432771 359502 1008010 SUPPORTS MASS BASED BLACK LED FIRMS VIA GRANTS, BACK-OFFICE SUPPORT, AND DIGITAL SOLUTIONS. ADVOCATES FOR ACCESS TO ADEQUATE & AFFORDABLE CAPITAL, EQUITABLE PROCUREMENT AND INCLUSIVE WORKFORCE DEVELOPMENT. 28560 THROUGH ONE OF THEIR WHOLLY-OWNED SUBSIDIARIES, BCI, THE ORGANIZATION MAKES LOANS TO MEMBERS OF THE COMMUNITY THEY SERVE. BCI HAS AN INVESTMENT COMMITTEE THAT REVIEWS THE APPLICATIONS AND DUE DILIGENCE PACKETS OF EACH ENTITY THAT APPLIES FOR A LOAN, AND THAT COMMITTEE CONSISTS OF SIX MEMBERS WITH EXTENSIVE EXPERIENCE. IN 2025, THE ORGANIZATION ISSUED LOANS TO FOUR BUSINESSES TOTALING $310,587. THE ORGANIZATION RECORDED INTEREST INCOME OF $28,560 RELATING TO ALL OUTSTANDING LOANS. 2432771 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 28 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X NICOLE OBI 6174701665 1234 COLUMBUS AVE BUILDING 3 ROXBURY CROSSING MA 02120 NICOLE OBI PRESIDENT AND CEO 40.00 X X 281066 0 38968 LAMONT CLEMONS DIRECTOR 1.00 X 0 0 0 CHIDERAH OKOYE SECRETARY/CLERK 1.00 X X 0 0 0 CHARRAN FISHER DIRECTOR 1.00 X 0 0 0 MARCITA THOMPSON DIRECTOR 1.00 X 0 0 0 EUGENE GREEN TREASURER 1.00 X X 0 0 0 HERBY DUVERNE BOARD CHAIR 1.00 X X 0 0 0 MICHELE COURTON BROWN DIRECTOR 1.00 X 0 0 0 COURTNEY BRUNSON DIRECTOR 1.00 X 0 0 0 HILINA D AJAKAIYE DIRECTOR 1.00 X 0 0 0 DAREN BASCOME DIRECTOR 1.00 X 0 0 0 DANA MENDENHALL DIRECTOR 1.00 X 0 0 0 TOM SANDS DIRECTOR 1.00 X 0 0 0 KRYSTAL CUMMINGS CHIEF OF PEOPLE AND CULTURE 40.00 X 126972 0 21445 MACKENSON CHARLES CHIEF OF MEMBERSHIP PROGRAMS 40.00 X 117175 0 21138 ALYSSA BENALFEW-RAMOS CHIEF OF POLICY 40.00 X 130960 0 4905 NANCY ROUSSEAU CHIEF OF DEVELOPMENT 40.00 X 108245 0 5990 764418 0 92446 6 0 1 0 ROSEMARK PRODUCTION LLC 143 DECOTA DRIVE STOUGHTON MA 02072 EVENT COORDINATOR EXPENSE, MBE 666257 THE CASTLE GROUP 38 3RD AVE CHARLESTOWN MA 02129 COMMUNICATIONS CONSULTING 138600 ECRATCHIT 2 SHARP STREET HINGHAM MA 02043 BOOKKEEPING/CFO SERVICES 125475 NORMAN STEIN 199 BABCOCK STREET BROOKLINE MA 02446 CONSULTING 114000 4 135166 609367 2198059 2942592 PROGRAM REVENUE 900099 579550 579550 EVENT SPONSORSHIP 900099 428460 428460 BCI LOAN INTEREST 900099 28560 28560 1036570 15519 15519 89752 133973 -44221 -44221 -26648 -17573 MISC REVENUE 900099 819 819 819 3951279 1036570 -26648 -1235 359502 359502 320033 192019 64007 64007 1168596 818360 52094 298142 36291 25680 1207 9404 56271 40492 826 14953 127565 86853 9531 31181 1856 1856 128944 128944 20373 7339 11559 1475 400 400 13216 3214 9746 256 25090 16181 1522 7387 35917 11351 16370 8196 15309 10834 889 3586 OUTSIDE SERVICES 600406 328466 124571 147369 PROGRAMS AND EVENTS 490178 450755 4694 34729 DUES AND SUBSCRIPTIONS 53622 36497 7387 9738 CREDIT LOSSES 46000 20000 26000 35604 25228 2046 8330 3535173 2432771 463649 638753 1314405 1015046 200000 716256 700714 304581 151353 67500 67500 256695 374729 31299 32261 1511786 39303 1503795 1472483 8294 0 4202825 4014086 709942 59854 62503 110257 892062 894745 87100 86000 4094 0 1755701 1150856 X 1464977 1662658 982147 1200572 2447124 2863230 4202825 4014086 416106 0 X X 0 1 X 1 0 X 1796050 3763976 3754949 4842685 2942592 17100252 1796050 3763976 3754949 4842685 2942592 17100252 3503755 13596497 8125 55169 134650 197944 17298196 2954122 0.78600 0.79980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1450 55810 57260 2839160 2896420 294821 73705 0 0 412488 294821 707309 1060964 78691 57260 135951 103122 73705 176827 265241 1189 1450 2639 1511786 39303 1472483 1472483 X 4204236 118984 118984 4085252 -133973 -133973 3951279 3788130 118984 133973 252957 3535173 0 3535173 PART X, LINE 2: THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE POLICY DISCLOSURE ADDRESSING UNCERTAIN TAX POSITIONS. HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -133,973. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 133,973. 1 VELASQUEZ TAX & BUSINESS SERVICES LLC 6 UPHAM WAY WESTON MA 02493 19000 0 BACK OFFICE SUPPORT SERVICES MOONROCK ENTERPRISES LLC 50 MILK STREET BOSTON MA 02108 845049613 11962 0 BACK OFFICE SUPPORT SERVICES D'LIGHTFUL BEAUTY 57 6TH AVENUE LOWELL MA 01854 032768443 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT BOSTON PROFESSIONAL SOUND INC 4228 WASHINGTON ST BOSTON MA 02131 814966504 10000 0 BACK OFFICE SUPPORT SERVICES THE BONE SAUCE 1131 ARBOR DRIVE SHREWSBURY MA 01545 872892145 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT CITY SEALCOATING 60 ISLAND STREET LAWRENCE MA 01840 872892145 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT SAGE FAMILY DENTAL 114 WASHINGTON STREET DORCHESTER MA 02121 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT NINE WINTERS BAKERY 24 COMMONWEALTH ROAD UNIT 1 WATERTOWN MA 02472 922000813 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT MADHRASI LLC 196 QUINCY STREET DORCHESTER MA 02121 768711857 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT THE BOSTON FOUNDATION 75 ARLINGTON STREET BOSTON MA 02116 042104021 10000 0 SMALL BUSINESS GROWTH FUND 9 TAILORS 132 LINCOLN STREET SUITE 1L BOSTON MA 02111 883291666 10000 0 BACK OFFICE SUPPORT SERVICES ORCHID7 FUSION BAR AND GRILL 5245 WASHINGTON STREET BOSTON MA 02132 854238595 10000 0 BACK OFFICE SUPPORT SERVICES HAIR IT BARBERSHOP 1186 BLUE HILL AVENUE BOSTON MA 02126 900935458 10000 0 BACK OFFICE SUPPORT SERVICES 43 STRATEGIC CONSULTING 3 ALLIED DRIVE SUITE 303 DEHAM MA 02026 843555695 10000 0 BACK OFFICE SUPPORT SERVICES FIRST SEED SOWN SALES AND MARKETING LLC 581 FELLSWAY MALDEN MA 02148 931719456 10000 0 BACK OFFICE SUPPORT SERVICES CONRADO STUDIO LLC 18 MARYLAND WAY VINEYARD HAVEN MA 02568 862182341 10000 0 NATIONAL GRID SMALL BUSINESS IMPACT CHARLES ADVISORY GROUP LLC 225 FRANKLIN STREET 26TH FLOOR BOSTON MA 02110 9120 0 BACK OFFICE SUPPORT SERVICES GOURMET KITCHEN 1179 NORTH MAIN STREET RANDOLPH MA 02368 870983380 8880 0 BACK OFFICE SUPPORT SERVICES INDUSTRY SOLUTIONS INC 81 SYCAMORE ROAD BRAINREE MA 02184 821595641 8163 0 BACK OFFICE SUPPORT SERVICES GREEN CURRENT ADVISORS 83 SASSAMON AVE MILTON MA 02186 332231670 7400 0 BACK OFFICE SUPPORT SERVICES 20 PART I, LINE 2: THE PROGRAM TEAM MAINTAINS COMMUNICATION WITH ALL OF IT'S GRANT RECIPIENTS AND RECEIVES FOLLOW UP INFORMATION ON HOW THE GRANT FUNDS HAVE IMPACTED THEIR BUSINESS. X X X 0 0 0 0 0 0 0 0 0 NICOLE OBI PRESIDENT AND CEO 256066 0 25000 0 0 0 12004 0 26964 0 320034 0 0 0 KEITH CHANEY FORMER BOARD MEMBER WHO STEPPED DOWN FROM BOARD PRIOR TO RECEIVING LOAN. SMALL BUSINESS CAPITAL TO PARTIALLY SUPPORT PURCHASE ORDER FUNDING X 67500 67500 0 1 1 67500 EUGENE GREENCLEARSCOPE TECHNOLOGIES COMPANY IS OWNED BY A BOARD MEMBER. 4225 THE ORGANIZATION UTILIZED COMPANY FOR CYBERSECURITY, AND IT IS THE COMPANY OF A BOARD MEMBER. 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND ACCOMPANYING SCHEDULES ARE REVIEWED BY THE CEO AND OUTSOURCED ACCOUNTANT BEFORE FILING. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE FULL 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY ACKNOWLEDGE THEIR UNDERSTANDING OF AND AGREEMENT TO BECMA'S CONFLICT OF INTEREST POLICY AND ITS CODE OF ETHICS BY SIGNING A COPY OF BOTH POLICIES. THE EXEUCTIVE COMMITTEE OF THE BOARD REVIEWS AND DETERMINES APPROPRIATE ACTION WITH RESPECT TO ANY CONCERNS REGARDING CODE OF ETHICS VIOLATIONS THAT ARE BROUGHT TO ITS ATTENTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE CEO AT THE TIME OF HIRE AND THEN REVIEWS ANNUALLY THEREAFTER. THE BOARD UTILIZES A VARIETY OF RESOURCES TO DETERMINE APPROPRIATE COMPENSATION, WHICH MAY INCLUDE 990'S OF OTHER SIMILAR ORGANIZATIONS, PERFORMANCE REVIEW DATA, OTHER INDUSTRY DATA. THE PROCESS IS DOCUMENTED AND LAST OCCURRED IN FY25. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE ORGANIZATION'S FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE ON THE MA NONPROFIT WEBSITE. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. BECMA COMMUNITY INVESTMENTS LLC 1 BEACON STREET BOSTON MA 02108 923543183 LOANS FUNDS TO BLACK OWNED BUSINESSES MA 138660 474042 BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC BECMA INVESTMENT MANAGEMENT LLC 1 BEACON STREET BOSTON MA 02108 923695957 PROVIDE OVERSIGHT AND GUIDANCE TO BCI MA 0 0 BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC