Dorchester Bay Economic Development Corporation
Dorchester Bay Economic Development Corporation acts to build a strong, thriving, and diverse community in boston's dorchester neighborhoods. Working closely with neighborhood residents and partners, we access resources to:-develop and preserve affordable home ownership and rental housing,-create and sustain commercial and economic development opportunities, and-build community power through organizing and leadership development.
Dorchester Bay Economic Development Corporation at a glance
In short: Dorchester Bay Economic Development Corporation gave $20K across 2 grants in 2024 (avg $10K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $20,000
- +100.0% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $10,000
- +0.0% vs 2023
- Median grant
- $10,000
- Total assets
- $55,147,532
- +2.2% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Dorchester Bay Economic Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Southwest Boston Community Development Corporation ($10K). Together the top 2 received $20K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 7 grants of 12 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Dorchester Bay Economic Development Corporation gives
- Giving fell 60% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2023) to $283K (2022). In 2024 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southwest Boston Community Development Corporation Hyde Park, MA | Workforce Development | $10,000 |
| Codman Square Neighborhood Development Corporation Dorchester, MA | Workforce Development | $10,000 |
Ready to take the next step with Dorchester Bay Economic Development Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $55,147,532 | $7,247,140 | $7,674,271 | $20,000 | 2 | $305,694 |
| 2023 | $53,945,758 | $12,593,252 | $8,160,945 | $10,000 | 1 | $14,458 |
| 2022 | $62,773,183 | $10,163,285 | $8,063,463 | $282,778 | 5 | $2,810 |
| 2021 | $50,118,730 | $16,286,134 | $6,609,360 | $50,133 | 1 | $11,430 |
| 2020 | $60,116,092 | $8,874,530 | $7,249,188 | $140,554 | 3 | $1,114 |
About Dorchester Bay Economic Development Corporation
Based on IRS filings
Dorchester Bay Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Dorchester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.1M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $306K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Dorchester Bay Economic Development Corporation is led by Kimberly Lyle, Chief Executive Officer since 2022 (on filings since 2020); 7 of 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kimberly Lyle
Chief Executive Officer
Director of Strategy & Impact → Chief Executive Officer, 2022
On filings since 2020
9.4 hrs/week
$130K (2020) → $241K (2024)
Leighton Richardson
Vice President & President
Treasurer → Vice President, 2022
Vice President → Vice President & President, 2024
On filings since 2020
0.6 hrs/week
No compensation reported
Paul Black
President
Vice President → President, 2022
On filings since 2020
0.6 hrs/week
No compensation reported
Samariah Batts-Speller
Director of People & Culture
On filings since 2023
9.4 hrs/week
$157K (2023) → $166K (2024)
Susan Chu
Director of Real Estate Development
Director of Real Estate → Director of Real Estate Development, 2024
On filings since 2023
9.4 hrs/week
$155K (2023) → $181K (2024)
Sharat Anant Somashekara
Director of Finance
New on the 2024 filing
9.4 hrs/week
$122K (2024)
William Riordan
Accounting Manager
On filings since 2022
9.4 hrs/week
$125K (2022) → $134K (2024)
Brenda Guerra Segura
Credit Officer & Portfolio Manager
New on the 2024 filing
9.4 hrs/week
$136K (2024)
Shermaine Thompson
Associate Director of Accounting
New on the 2024 filing
9.4 hrs/week
$147K (2024)
An Duong
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Brian Welch
Treasurer
Board Member → Treasurer, 2022
On filings since 2020
0.6 hrs/week
No compensation reported
Derrick Bellinger
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Eileen Kenner
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Kristen Halbert
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Lorraine Payne Wheeler
Clerk
Board Member → Clerk, 2022
On filings since 2020
0.6 hrs/week
No compensation reported
Mary Walker
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Phil Hillman
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Ricky Ochilo
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Rosalyn Johnson
Board Member
On filings since 2020
0.6 hrs/week
No compensation reported
Najah Wallace
Vice President
Board Member → Vice President, 2024
On filings since 2022
0.6 hrs/week
No compensation reported
Angela Yarde
Board Member
New on the 2024 filing
0.6 hrs/week
No compensation reported
Damaris Amachree
Board Member
New on the 2024 filing
0.6 hrs/week
No compensation reported
Former officers (14)
- Former: Daryl Wright (2020–2023) — Board Member
- Former: Maria Andrade (2020–2023) — Board Member
- Former: Jose Perez (2021–2023) — Board Member
- Former: David Simmons (2022–2023) — Dir.of Finance & Administrator
- Former: Paola Pelletier Ozuna (2023) — Chief of Staff
- Former: Reginauld Williams (2023) — Director of Small Business
- Former: Charles McVea (2020–2022) — Director of Finance & Administrator
- Former: Keith Greenaway (2020–2022) — Board Member
- Former: Perry Newman (2020–2022) — Chief Executive Officer
- Former: Vincent Pina (2020–2022) — Director of Human Resources
- Former: Timothy Caplice (2021–2022) — Ass. Director of Asset Management
- Former: Beth O'Donnell (2022) — Director of Real Estate
- Former: Keryn E. O'Donnell (2020–2021) — Director of Real Estate
- Former: Alison Flores De Moronta (2021) — Director of Economic Development
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $241K, to Kimberly Lyle (Chief Executive Officer). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Dorchester Bay Economic Development Corporation
How much does Dorchester Bay Economic Development Corporation give each year?
Dorchester Bay Economic Development Corporation gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $10K across 1 grant.
How large is Dorchester Bay Economic Development Corporation?
Dorchester Bay Economic Development Corporation reported $55.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.2M.
What is Dorchester Bay Economic Development Corporation?
Dorchester Bay Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Dorchester, MA. It holds $55.1M in total assets as of 2024.
Where does Dorchester Bay Economic Development Corporation operate?
Dorchester Bay Economic Development Corporation has awarded grants in Massachusetts.
What is Dorchester Bay Economic Development Corporation's EIN?
Dorchester Bay Economic Development Corporation's EIN (Employer Identification Number) is 04-2681632. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Dorchester Bay Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Dorchester Bay Economic Development Corporation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Boston Foundation Inc
Boston, MA
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.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
AAF Charitable Foundation
Westborough, MA
Assets
$283K
Grants
120
Total Given
$46K
Paul & Edith Babson Foundation
Wilmington, DE
The foundation supports charities and educational organizations, generally preferring those in Massachusetts, though its 2025 grant went to a recipient in Wilmington, Delaware. Its reported giving was one grant of $690,368 in 2025; it accepts applications and does not limit giving to preselected organizations.
Assets
$8.8M
Grants
1
Total Given
$690K
United Jewish Foundation
Bloomfield Hills, MI
United Jewish Foundation funds Jewish community continuity, including Jewish organizations, human services, education, and related community programs. Its 2025 grants had a median of $18,000, though awards ranged widely; 87% of grant dollars went to Michigan, with some support elsewhere. The profile does not state whether it accepts unsolicited requests.
Assets
$761.7M
Grants
274
Total Given
$43.6M
Liberty Mutual Foundation Inc
Boston, MA
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
$46.1M
Grants
706
Total Given
$50.6M
National Energy Education Development Project Inc
Manassas, VA
National Energy Education Development Project funds energy education, including classroom activities, educator training, school programs, and community energy-efficiency and outreach projects. In 2025, grants ranged from $5,500 to $145,000, with a median of about $47,000; awards were concentrated in Massachusetts, with some support in Virginia and elsewhere. It accepts online classroom grant applications; no general unsolicited-request policy is stated.
Assets
$12.6M
Grants
44
Total Given
$2.1M
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Dorchester Bay Economic Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Dorchester Bay Economic Development Corporation down — hundreds of funders to go?