Dorchester Bay Neighborhood Loan Fund Inc

Public charity · Grantmaker Dorchester, MA EIN: 04-3473587

Lending services for low-income projects.

Key facts about Dorchester Bay Neighborhood Loan Fund Inc

In short: Dorchester Bay Neighborhood Loan Fund Inc gave $30K across 2 grants in 2024 (avg $15K), mostly in Massachusetts. Source: 2024 IRS Form 990.

EIN
04-3473587
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$30,000
Grants made (2024)
2
Average grant
$15,000
Median grant
$15,000
Total assets
$3,085,359
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$3.1M

+13.0% YoY

Annual Giving

$30K

-72.3% YoY

Grant Count

2

-83.3% YoY

Avg Grant Size

$15K

+66.1% YoY

About Dorchester Bay Neighborhood Loan Fund Inc

Based on IRS filings

Dorchester Bay Neighborhood Loan Fund Inc 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 $3.1M in total assets. In 2024, it awarded 2 grants totaling $30K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

Cities

BostonDorchesterHyde ParkJamacia PlainMattapanTaunton

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 0 grants2021 0 grants2022 12 grants2023 2 grants2024

From 2023 to 2024, annual grant giving ranged from $30K (2024) to $108K (2023). In 2024 it made 2 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Just Book-ISH: $20KJust Book-ISH$20KBeldo's Landscaping & Snow Removal: $10KBeldo's Landscaping & SnowRemoval$10K

The largest 2024 recipient was Just Book-ISH ($20K). Together the top 2 received $30K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Just Book-ISH Boston, MASmall Business Assistance$20,000
Beldo's Landscaping & Snow Removal Dorchester, MASmall Business Assistance$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,085,359$2,731,263$1,967,600
Revenue$1,845,545$2,680,816$1,440,165
Expenses$2,215,844$2,689,280$1,722,411
Net Investment Income$3,017$1,474$587

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2025)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Dorchester Bay Neighborhood Loan Fund Inc is led by Kimberly Lyle, Chief Executive Officer since 2022 (on filings since 2020); none of the 22 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kimberly Lyle

    Chief Executive Officer

    Director of Strategy & Imp → Director of Strategy & Impact, 2021

    Director of Strategy & Impact → Chief Executive Officer, 2022

    On filings since 2020

    9.4 hrs/week

    No compensation reported

  • 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

    No compensation reported

  • 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

    No compensation reported

  • Sharat Anant Somashekara

    Director of Finance

    New on the 2024 filing

    9.4 hrs/week

    No compensation reported

  • 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

  • William Riordan

    Accounting Manager

    On filings since 2022

    9.4 hrs/week

    No compensation reported

  • Angela Yarde

    Board Member

    New on the 2024 filing

    0.6 hrs/week

    No compensation reported

  • Brenda Guerra Segura

    Credit Officer & Portfolio Manager

    New on the 2024 filing

    9.4 hrs/week

    No compensation reported

  • Damaris Amachree

    Board Member

    New on the 2024 filing

    0.6 hrs/week

    No compensation reported

  • Shermaine Thompson

    Associate Director of Accounting

    New on the 2024 filing

    9.4 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'Donell (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.

Frequently asked questions about Dorchester Bay Neighborhood Loan Fund Inc

How much does Dorchester Bay Neighborhood Loan Fund Inc give each year?

Dorchester Bay Neighborhood Loan Fund Inc gave $30K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $108K across 12 grants.

How large is Dorchester Bay Neighborhood Loan Fund Inc?

Dorchester Bay Neighborhood Loan Fund Inc reported $3.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.8M.

What is Dorchester Bay Neighborhood Loan Fund Inc?

Dorchester Bay Neighborhood Loan Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Dorchester, MA. It holds $3.1M in total assets as of 2024.

Where does Dorchester Bay Neighborhood Loan Fund Inc operate?

Dorchester Bay Neighborhood Loan Fund Inc has awarded grants in Massachusetts.

What is Dorchester Bay Neighborhood Loan Fund Inc's EIN?

Dorchester Bay Neighborhood Loan Fund Inc's EIN (Employer Identification Number) is 04-3473587. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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