Dorchester Bay Neighborhood Loan Fund Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was Just Book-ISH ($20K). Together the top 2 received $30K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Just Book-ISH Boston, MA | Small Business Assistance | $20,000 |
| Beldo's Landscaping & Snow Removal Dorchester, MA | Small Business Assistance | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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
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.
Here's the math on researching Dorchester Bay Neighborhood Loan Fund Inc by hand.
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