Both Development Inc
To provide low-income housing in the mission hill section of boston,Massachusetts.
Both Development Inc at a glance
- Total assets
- $319,212
- -4.9% vs 2024
- Revenue (2025)
- $42,460
- -73.5% vs 2024
- Net investment income (2025)
- $256
- -37.4% vs 2024
- Expenses (2025)
- $59,277
- +22.8% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Both Development Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2022, annual grant giving ranged from $38K (2022) to $64K (2021). In 2022 it made 1 grant totaling $38K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Back of the Hill Community Development Corp Boston, MA | Support Low Income Housing Program | $37,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $319,212 | $42,460 | $59,277 | — | — | $256 |
| 2024 | $335,516 | $160,315 | $48,271 | — | — | $409 |
| 2023 | $227,734 | $93,626 | $54,252 | — | — | $411 |
| 2022 | $188,303 | $94,197 | $101,928 | $37,500 | 1 | $53 |
| 2021 | $208,678 | $103,406 | $135,300 | $63,526 | 1 | $71 |
| 2020 | $226,882 | $60,826 | $34,128 | — | — | $619 |
| 2019 | $199,934 | $73,179 | $39,593 | — | — | $396 |
About Both Development Inc
Based on IRS filings
Both Development Inc is a public charity focused on Housing & Shelter, based in Jamaica Plain, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $319K in total assets. Net investment income was $256.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Both Development Inc is led by Richard Giordano, President Director since 2025 (on filings since 2019); none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard Giordano
President Director
President & Director → President Director, 2025
On filings since 2019
0.4 hrs/week
No compensation reported
Christine Curtiss
Director
Clerk & Director → Director, 2025
On filings since 2019
0.1 hrs/week
No compensation reported
Corinne Kelton
Director
On filings since 2019
0.1 hrs/week
No compensation reported
James Borders
Director
On filings since 2019
0.1 hrs/week
No compensation reported
Rachael Amanuel
Director
On filings since 2019
0.1 hrs/week
No compensation reported
Stephanie Ellis
Treasurer Director
Director → Treasurer Director, 2025
On filings since 2019
0.1 hrs/week
No compensation reported
Darrell Kelton
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Dennis Pultinas
Director
New on the 2025 filing
1 hr/week
No compensation reported
Josh Decosta
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Suzy Kratzig
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Maggie Cohn
Clerk
Assistant Clerk & Director → Clerk, 2025
On filings since 2019
0.2 hrs/week
No compensation reported
Former officers (4)
- Former: Barbara Dessesaure (2019–2024) — Tresurer & Director
- Former: David Wilhelmi (2019–2024) — Director
- Former: Patricia Flaherty (2019–2024) — Director
- Former: Willie Clay (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Both Development Inc
How large is Both Development Inc?
Both Development Inc reported $319K in total assets on its 2025 IRS Form 990. Its revenue that year was $42K.
What is Both Development Inc?
Both Development Inc is a public charity focused on Housing & Shelter, based in Jamaica Plain, MA. It holds $319K in total assets as of 2025.
Where does Both Development Inc operate?
Both Development Inc has awarded grants in Massachusetts.
What is Both Development Inc's EIN?
Both Development Inc's EIN (Employer Identification Number) is 22-2541744. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Both Development Inc funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Both Development Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Massachusetts
Back of the Hill Community Development Association
Boston, MA
Assets
$11.7M
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Boston Foundation Inc
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The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
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Eastern Bank Foundation
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Eastern Bank Foundation supports economic inclusion and mobility, including small businesses, early childhood development, affordable housing, and workforce development. Its 2025 grants ranged from $50 to $2,002,500, with a median of $2,500, primarily in Massachusetts and also in New Hampshire and Rhode Island. It accepts online applications and does not limit giving to preselected organizations.
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Barr Foundation
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The Barr Foundation funds arts and creativity, climate, education, and New England’s social sector, primarily through long-term support for organizations in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. Its filing says it accepts only requests from preselected organizations and does not accept unsolicited requests, though its website describes program-page inquiries and occasional open calls.
Assets
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Liberty Mutual Foundation Inc
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Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
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Grants
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More similar funders
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