BLUEHUB CAPITAL INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BLUEHUB CAPITAL INC (EIN 04-3246555)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-16
- IRS object ID
- 202523209349301207
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-16T12:20:25-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043246555 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUEHUB CAPITAL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BLUE | BusinessNameControlTxt |
| Phone | 6174278600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1785 COLUMBUS AVENUE 6TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02119 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACQUELYN BARRY HAMILTON | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 6174278600 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATTHEW MCGINNIS CPA | PreparerPersonNm |
| PTIN | P01585083 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | ELYSE CHERRY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1785 COLUMBUS AVENUE 6TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02119 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,366,821 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://BLUEHUBCAPITAL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 56 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $619 | PYContributionsGrantsAmt |
| CY Contributions Grants | $108,031 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $447,830 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,890,622 | CYProgramServiceRevenueAmt |
| PY Investment Income | $305,135 | PYInvestmentIncomeAmt |
| CY Investment Income | $368,047 | CYInvestmentIncomeAmt |
| PY Other Revenue | $344 | PYOtherRevenueAmt |
| CY Other Revenue | $121 | CYOtherRevenueAmt |
| PY Total Revenue | $753,928 | PYTotalRevenueAmt |
| CY Total Revenue | $2,366,821 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $332,623 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $421,063 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $111,299 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,130,009 | PYOtherExpensesAmt |
| CY Other Expenses | $884,672 | CYOtherExpensesAmt |
| PY Total Expenses | $3,462,632 | PYTotalExpensesAmt |
| CY Total Expenses | $1,305,735 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,708,704 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,061,086 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,694,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,122,451 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,193,827 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,560,249 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,501,116 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,562,202 | NetAssetsOrFundBalancesEOYAmt |
| 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $482,943 | ExpenseAmt |
| Revenue | $1,100,121 | RevenueAmt |
| Desc | BLUEHUB CAPITAL WAS FORMED AS A HOLDING COMPANY THAT OVERSEES ADMINISTRATION, FINANCE, HUMAN RESOURCES, AND INVESTOR RELATIONS FOR THE ORGANIZATION AND ITS AFFILIATES. THE HOLDING COMPANY HAS ACTED AS DEVELOPER FOR ALL SOLAR ENERGY PROJECTS OWNED AND OPERATED TO DATE BY SOLAR ENERGY ADVANTAGE, INC., A CORPORATION WHICH IT OWNS 100% (SEE SCHEDULE R) AND HAS EARNED DEVELOPER FEES FOR THESE SERVICES. THESE DEVELOPER FEES FOR ALL FUTURE PROJECTS ARE NOW EARNED BY SOLAR ENERGY ADVANTAGE INC. DIRECTLY AND WILL NO LONGER BE INCLUDED ON SCHEDULE R. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $534,872 | ExpenseAmt |
| Revenue | $790,622 | RevenueAmt |
| Desc | NSP RESIDENTIAL, LLC (NSP) WAS FORMED TO COMBAT COMMUNITY DETERIORATION AND IMPROVE GENERAL CONDITIONS WHERE LOW-INCOME PEOPLE LIVE AND WORK. NSP PURCHASES RESIDENTIAL PROPERTIES AND REHABILITATES THEM TO RENT OR SELL TO LOW-INCOME INDIVIDUALS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,017,815 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 56 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | E MATTHEW GAUTIERI CONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6174278600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1785 COLUMBUS AVENUE 6TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02119 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ELYSE CHERRY | ||||||||
| CEO & EX-OFFICIO BOARD MEMBER | 10.00 | 30.00 | Yes (X) | Yes (X) | $242,010 | $726,027 | $244,082 | |
| KAREN KELLEHER | ||||||||
| PRES. LOAN FUND, EX-OFFICIO BOARD MEM. | 0.00 | 40.00 | Yes (X) | Yes (X) | $0 | $305,695 | $37,788 | |
| CHARLES CLARK | ||||||||
| CHAIRMAN OF THE BOARD | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| REESE FAYDE | ||||||||
| VICE CHAIR OF THE BOARD | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SARAH C LINCOLN | ||||||||
| TREASURER OF THE BOARD | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| REVEREND JAMES WALSH SJ | ||||||||
| CLERK OF THE BOARD | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDWARD DUGGER III | ||||||||
| BOARD MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIE GOULD | ||||||||
| BOARD MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA MAFFEI | ||||||||
| BOARD MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MERCEDES TOMPKINS | ||||||||
| BOARD MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| VICTOR R RIVERA | ||||||||
| BOARD MEMBER | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA ZAPPALA | ||||||||
| EVP, CFO (UNTIL 9/2024) | 18.00 | 22.00 | Yes (X) | $194,499 | $237,720 | $81,864 | ||
| DEWITT JONES | ||||||||
| PRESIDENT, BLUEHUB ENERGY | 0.00 | 40.00 | Yes (X) | $0 | $250,215 | $99,766 | ||
| JACQUELYN BARRY HAMILTON | ||||||||
| CFO (AS OF 9/2024) | 40.00 | 0.00 | Yes (X) | $85,077 | $0 | $10,209 | ||
| BRENDA LOYA | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | 0.00 | $271,892 | $0 | $41,289 | Yes (X) | ||
| MICHAEL NILLES | ||||||||
| SVP, COMMERCIAL LENDING, TEAM LEADER | 0.00 | 40.00 | $0 | $269,026 | $39,264 | Yes (X) | ||
| LUBNA ELIA | ||||||||
| CHIEF ADMINISTRATIVE OFFICER | 40.00 | 0.00 | $265,600 | $0 | $17,040 | Yes (X) | ||
| E MATTHEW GAUTIERI | ||||||||
| SVP, CONTROLLER | 20.00 | 20.00 | $118,767 | $118,767 | $58,799 | Yes (X) | ||
| ARUNABHA CHAKRAVARTY | ||||||||
| SVP, PORTFOLIO MANAGEMENT | 0.00 | 40.00 | $0 | $223,208 | $31,251 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,177,845 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,130,658 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $661,352 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SHERIN AND LODGEN | |||||
| 101 FEDERAL STREET | BOSTON | MA | 02110 | LEGAL SERVICES | $387,203 |
| SKYTERRA TECHNOLOGIES LLC | |||||
| 402 AMHERST STREET SUITE 303 | NASHUA | NH | 03063 | IT NETWORK SUPPORT | $302,783 |
| SHANNON WEISS | |||||
| 2 OLD SANDWICH ROAD | PLYMOUTH | MA | 02360 | HR RECRUITING | $158,735 |
| BERLIN ROSEN LTD | |||||
| 14 MALDEN LANE SUITE 1600 | NEW YORK | NY | 10038 | MARKETING WEB DESIGN | $141,130 |
| RISK STRATEGIES | |||||
| 160 FEDERAL STREET | BOSTON | MA | 02110 | INSURANCE | $138,946 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $108,031 | AllOtherContributionsAmt |
| Total Contributions | $108,031 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM REVENUE & FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,890,622 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,890,622 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,890,622 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $368,047 | TotalRevenueColumnAmt |
| Exclusion | $368,047 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $121 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $121 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $121 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,366,821 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,890,743 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $368,047 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $387,846 | TotalAmt |
| Program Services | $308,130 | ProgramServicesAmt |
| Management And General | $77,494 | ManagementAndGeneralAmt |
| Fundraising | $2,222 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,493 | TotalAmt |
| Program Services | $1,133 | ProgramServicesAmt |
| Management And General | $360 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,938 | TotalAmt |
| Program Services | $5,377 | ProgramServicesAmt |
| Management And General | $6,401 | ManagementAndGeneralAmt |
| Fundraising | $160 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,786 | TotalAmt |
| Program Services | $15,006 | ProgramServicesAmt |
| Management And General | $4,649 | ManagementAndGeneralAmt |
| Fundraising | $131 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $615,140 | TotalAmt |
| Program Services | $615,140 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,468 | TotalAmt |
| Management And General | $25,577 | ManagementAndGeneralAmt |
| Fundraising | $891 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,308 | TotalAmt |
| Fundraising | $106,308 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,724 | TotalAmt |
| Program Services | $14,194 | ProgramServicesAmt |
| Management And General | $92 | ManagementAndGeneralAmt |
| Fundraising | $438 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,903 | TotalAmt |
| Program Services | $51,706 | ProgramServicesAmt |
| Management And General | $62,048 | ManagementAndGeneralAmt |
| Fundraising | $1,149 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,129 | TotalAmt |
| Program Services | $7,129 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,305,735 | TotalAmt |
| Program Services | $1,017,815 | ProgramServicesAmt |
| Management And General | $176,621 | ManagementAndGeneralAmt |
| Fundraising | $111,299 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,092,364 | BOYAmt |
| EOY | $3,154,988 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,759,076 | BOYAmt |
| EOY | $6,010,723 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,228 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,962 | BOYAmt |
| EOY | $334,323 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,128,413 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,510,450 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,762 | BOYAmt |
| EOY | $1,617,963 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,447,779 | BOYAmt |
| EOY | $5,002,226 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,694,943 | BOYAmt |
| EOY | $16,122,451 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,623,972 | BOYAmt |
| EOY | $1,798,939 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,363,662 | BOYAmt |
| EOY | $2,761,310 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,193 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,193,827 | BOYAmt |
| EOY | $4,560,249 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,180,610 | BOYAmt |
| EOY | $11,441,696 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $320,506 | BOYAmt |
| EOY | $120,506 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,501,116 | BOYAmt |
| EOY | $11,562,202 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,694,943 | BOYAmt |
| EOY | $16,122,451 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,061,086 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,000,000 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $116,428 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $82,475 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,110,623 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $619 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $108,031 | CurrentTaxYearAmt |
| Total | $1,418,176 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,853,910 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,969,454 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,882,756 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $447,830 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,890,622 | CurrentTaxYearAmt |
| Total | $8,044,572 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,970,338 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,051,929 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,993,379 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $448,449 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,998,653 | CurrentTaxYearAmt |
| Total | $9,462,748 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,604 | CurrentTaxYearMinus4YearsAmt |
| Total | $21,604 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,001,979 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,087,663 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,225,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $353,362 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,523,137 | CurrentTaxYearAmt |
| Total | $5,192,128 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,023,583 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,087,663 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,225,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $353,362 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,523,137 | CurrentTaxYearAmt |
| Total | $5,213,732 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $4,249,016 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $152,726 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $37,589 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,791 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $305,135 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $368,047 | CurrentTaxYearAmt |
| Total | $884,288 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $152,726 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $37,589 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,791 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $305,135 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $368,047 | CurrentTaxYearAmt |
| Total | $884,288 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $344 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $121 | CurrentTaxYearAmt |
| Total | $595 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,123,064 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,089,518 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,014,300 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $753,928 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,366,821 | CurrentTaxYearAmt |
| Total | $10,347,631 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.41060 | PublicSupportCY509Pct |
| Public Support PY509 | 0.46810 | PublicSupportPY509Pct |
| Investment Income CY | 0.08550 | InvestmentIncomeCYPct |
| Investment Income PY | 0.05130 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2022 AMOUNT: $ 130. 2023 AMOUNT: $ 344. 2024 AMOUNT: $ 121. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,783,007 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,180,478 | DepreciationAmt |
| Book Value | $1,602,529 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $345,406 | OtherCostOrOtherBasisAmt |
| Depreciation | $329,972 | DepreciationAmt |
| Book Value | $15,434 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,617,963 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ESCROW FUNDS | $2,761,310 |
| DUE FROM AFFILIATE | $941,201 |
| RESTRICTED DEPOSITS | $1,299,715 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,002,226 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | BLUEHUB CAPITAL HELD A CASH BALANCE OF $2,761,310 IN ESCROW FOR OUTSIDE PARTIES AS OF 12/31/24, OF WHICH $2,761,310 IS RESERVE MONEY HELD BY BLUEHUB CAPITAL FOR FEDERAL RESERVE BANK OF BOSTON. |
| PART X, LINE 2: | THE CORPORATION AND ITS OPERATING AFFILIATES ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CORPORATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2024. THE CORPORATION DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE-MONTHS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ELYSE CHERRY | ||||||||||||||
| CEO & EX-OFFICIO BOARD MEMBER | $118,911 | $356,732 | $80,000 | $240,000 | $43,099 | $129,295 | $39,063 | $194,137 | $2,720 | $8,162 | $283,793 | $928,326 | $15,138 | $72,362 |
| LISA ZAPPALA | ||||||||||||||
| EVP, CFO (UNTIL 9/2024) | $125,481 | $153,366 | $36,000 | $44,000 | $33,018 | $40,354 | $14,866 | $41,252 | $11,586 | $14,160 | $220,951 | $293,132 | $6,488 | $31,012 |
| DEWITT JONES | ||||||||||||||
| PRESIDENT, BLUEHUB ENERGY | $0 | $79,752 | $0 | $100,000 | $0 | $70,463 | $6,488 | $43,294 | $0 | $49,984 | $6,488 | $343,493 | $6,488 | $31,012 |
| KAREN KELLEHER | ||||||||||||||
| PRES. LOAN FUND, EX-OFFICIO BOARD ME | $0 | $275,695 | $0 | $30,000 | $0 | $0 | $0 | $18,540 | $0 | $19,248 | $0 | $343,483 | $0 | $0 |
| BRENDA LOYA | ||||||||||||||
| CHIEF OPERATING OFFICER | $246,892 | $0 | $25,000 | $0 | $0 | $0 | $16,235 | $0 | $25,054 | $0 | $313,181 | $0 | $0 | $0 |
| MICHAEL NILLES | ||||||||||||||
| SVP, COMMERCIAL LENDING, TEAM LEADER | $0 | $229,026 | $0 | $40,000 | $0 | $0 | $0 | $14,898 | $0 | $24,366 | $0 | $308,290 | $0 | $0 |
| E MATTHEW GAUTIERI | ||||||||||||||
| SVP, CONTROLLER | $107,767 | $107,767 | $11,000 | $11,000 | $0 | $0 | $7,473 | $7,473 | $21,926 | $21,927 | $148,166 | $148,167 | $0 | $0 |
| LUBNA ELIA | ||||||||||||||
| CHIEF ADMINISTRATIVE OFFICER | $225,600 | $0 | $40,000 | $0 | $0 | $0 | $15,216 | $0 | $1,824 | $0 | $282,640 | $0 | $0 | $0 |
| ARUNABHA CHAKRAVARTY | ||||||||||||||
| SVP, PORTFOLIO MANAGEMENT | $0 | $198,208 | $0 | $25,000 | $0 | $0 | $0 | $12,792 | $0 | $18,459 | $0 | $254,459 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | ELYSE CHERRY, CEO, 457F PLAN. DEWITT JONES, EXECUTIVE VP, 457F PLAN. LISA ZAPPALA, CFO, 457F PLAN. |
| SCHEDULE J, PART II: | ELYSE CHERRY, INCLUDED IN PART II, COLUMN B (III) IS A $162,500 457F PAYOUT. RELATED TO THIS PAYOUT AND REPORTED IN PART II, COLUMN F IS $87,500. THE NET COMPENSATION AS CALCULATED BY TAKING PART II, COLUMN E LESS PART II, COLUMN F IS $1,124,619. DEWITT JONES, INCLUDED IN PART II, COLUMN B (III) IS A $75,000 457F PAYOUT. RELATED TO THIS PAYOUT AND REPORTED IN PART II, COLUMN F IS $37,500. THE NET COMPENSATION AS CALCULATED BY TAKING PART II, COLUMN E LESS PART II, COLUMN F IS $312,482. LISA ZAPPALA, INCLUDED IN PART II, COLUMN B (III) IS A $75,000 457F PAYOUT. RELATED TO THIS PAYOUT AND REPORTED IN PART II, COLUMN F IS $37,500. THE NET COMPENSATION AS CALCULATED BY TAKING PART II, COLUMN E LESS PART II, COLUMN F IS $476,583. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE CEO, CFO, CONTROLLER, AND FINANCE COMMITTEE REVIEW THE 990 BEFORE GOING TO THE BOARD FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONTROLLER REVIEWS THE ANNUAL SIGNED CONFLICT OF INTEREST POLICIES FOR ANY CONFLICTS TO BE DISCLOSED TO THE BOARD. IF CONFLICTS ARISE, THEY ARE ADDRESSED ACCORDINGLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | EVERY FEW YEARS, A SALARY SURVEY OF THE INDUSTRY IS PERFORMED TO ENSURE THAT THE ORGANIZATION'S SALARY EXPENSES ARE REASONABLE. THE EXECUTIVE COMMITTEE OF THE BOARD MEETS TO SET THE SALARY RANGES FOR ALL POSITIONS AND TO APPROVE THE CEO'S COMPENSATION FOR THE YEAR. THE EXECUTIVE COMMITTEE KEEPS MINUTES OF EACH MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | TRANSFER OF NET ASSETS WITHOUT DONOR RESTRICTIONS 2,000,000. |
| FORM 990, PART XII, LINE 2C: | THE BOARD OF DIRECTORS AND CFO ARE RESPONSIBLE FOR THE REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| NSP RESIDENTIAL LLC | |||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 263638703 | TO COMBAT COMMUNITY DETERIORATION IN LOW-INCOME AREAS. | MA | $1,068,866 | $6,298,988 | BLUEHUB CAPITAL INC |
| BCC SEA INVESTMENT FUND MANAGER LLC | |||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 275485348 | TO COMBAT COMMUNITY DETERIORATION IN LOW-INCOME AREAS. | MA | $0 | $0 | BLUEHUB CAPITAL INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| BCLF VENTURES INC | ||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 043246552 | COMMUNITY VENTURE CAPITAL | MA | 501(C)(3) | LINE 10 | BLUEHUB CAPITAL INC | Yes (1) |
| BCLF MANAGED ASSETS CORP | ||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 043246547 | DEVELOPS NEW BUSINESS INITIATIVES AND FUNDING VEHICLES FOR LOW INCOME | MA | 501(C)(3) | PF | BLUEHUB CAPITAL INC | Yes (1) |
| BLUEHUB LOAN FUND INC | ||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 222593378 | COMMUNITY LENDING | MA | 501(C)(3) | LINE 10 | BLUEHUB CAPITAL INC | Yes (1) |
| ONE PERCENT FOR AMERICA INC | ||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 862813192 | COMMUNITY LENDING | MA | 501(C)(3) | LINE 10 | BLUEHUB CAPITAL INC | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BCLF VENTURES II LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 043541544 | TO MAKE INVESTMENTS IN BUSINESS THAT BENEFIT LOW-INCOME PEOPLE AND COMM. | MA | N/A | 0 | 0 | |||||
| SUN INITIATIVE FINANCING LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 271367185 | TO FINANCE THE OPERATIONS OF THE STABILIZING URBAN NEIGHBORHOODS INITIATIVE | MA | 0 | Yes (1) | NSP RESIDENTIAL LLC | RELATED | $106,802 | $15,419,428 | 0.50000 | |
| BCC NMTC CDE XXIV LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472160326 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXVIII LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472180069 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXIX LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472180884 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXI LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472194680 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXII LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472203495 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXIII LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472203766 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXIV LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 820956337 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXVI LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472166990 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXX LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472194307 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXV LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 820965248 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXVI LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 820982857 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXVII LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 821011614 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
| BCC NMTC CDE XXXVIII LLC | ||||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 821019978 | TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS | MA | N/A | 0 | 0 | |||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BCC SOLAR ENERGY ADVANTAGE INC | |||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 262877536 | TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS | MA | BLUEHUB CAPITAL INC | C | $704,201 | $6,564,343 | 1.00000 | Yes (1) | |
| BCC NMTC CDE XXV LLC | |||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472160720 | TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS | MA | C | 0 | N/A | ||||
| BCC NMTC CDE XXVII LLC | |||||||||||||
| 1785 COLUMBUS AVENUE 6TH FLOOR | BOSTON | MA | 02119 | 472167286 | TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS | MA | C | 0 | N/A | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BLUEHUB LOAN FUND INC | ||
| O | $5,082,950 | CONTRACT TERMS |
| BLUEHUB LOAN FUND INC | ||
| N | $1,194,213 | CONTRACT TERMS |
| BCLF MANAGED ASSETS | ||
| O | $596,212 | CONTRACT TERMS |
| BCLF VENTURES INC | ||
| O | $77,368 | CONTRACT TERMS |
| ONE PERCENT FOR AMERICA INC | ||
| O | $1,276,780 | CONTRACT TERMS |
| BCLF MANAGED ASSETS | ||
| N | $62,895 | CONTRACT TERMS |
| ONE PERCENT FOR AMERICA INC | ||
| N | $88,870 | CONTRACT TERMS |
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