Dorchester Bay Neighborhood Loan Fund
LENDING SERVICES FOR LOW-INCOME PROJECTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+13.0% YoY
Annual Giving
$30K
Grant Count
2
Avg Grant Size
$15K
About Dorchester Bay Neighborhood Loan Fund
Based on IRS filings
Dorchester Bay Neighborhood Loan Fund is a nonprofit organization 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
Ready to take the next step with Dorchester Bay Neighborhood Loan Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,017 | $1,474 | $587 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Just Book-ish ($20,000), Beldo's Landscaping & Snow Removal ($10,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL BLACK | PRESIDENT (UNTIL 4/24) | 0.62 | — |
| LEIGHTON RICHARDSON | VICE PRES. (UNTIL 4/24)/ PRESIDENT | 0.62 | — |
| NAJAH WALLACE | VICE PRES. (AS OF 4/24) | 0.62 | — |
| BRIAN WELCH | TREASURER | 0.62 | — |
| LORRAINE PAYNE WHEELER | CLERK | 0.62 | — |
| PHIL HILLMAN | BOARD MEMBER | 0.62 | — |
| MARY WALKER | BOARD MEMBER | 0.62 | — |
| EILEEN KENNER | BOARD MEMBER | 0.62 | — |
| ROSALYN JOHNSON | BOARD MEMBER | 0.62 | — |
| AN DUONG | BOARD MEMBER | 0.62 | — |
| RICKY OCHILO | BOARD MEMBER | 0.62 | — |
| KRISTEN HALBERT | BOARD MEMBER | 0.62 | — |
| ANGELA YARDE | BOARD MEMBER | 0.62 | — |
| DAMARIS AMACHREE | BOARD MEMBER | 0.62 | — |
| DERRICK BELLINGER | BOARD MEMBER (UNTIL 4/24) | 0.62 | — |
| KIMBERLY LYLE | CHIEF EXECUTIVE OFFICER | 9.35 | — |
| SHARAT ANANT SOMASHEKARA | DIRECTOR OF FINANCE | 9.35 | — |
| SUSAN CHU | DIRECTOR OF REAL ESTATE DEVELOPMENT | 9.35 | — |
| SAMARIAH BATTS-SPELLER | DIRECTOR OF PEOPLE & CULTURE | 9.35 | — |
| WILLIAM RIORDAN | ACCOUNTING MANAGER | 9.35 | — |
| SHERMAINE THOMPSON | ASSOCIATE DIRECTOR OF ACCOUNTING | 9.35 | — |
| BRENDA GUERRA SEGURA | CREDIT OFFICER / PORTFOLIO MANAGER | 9.35 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dorchester Bay Neighborhood Loan Fund?
Dorchester Bay Neighborhood Loan Fund is a nonprofit organization focused on Community Improvement & Capacity Building, based in DORCHESTER, MA. It holds $3.1M in total assets as of 2024.
How large is Dorchester Bay Neighborhood Loan Fund?
As of 2024, Dorchester Bay Neighborhood Loan Fund holds $3.1M in total assets with $1.8M in annual revenue. It awarded 2 grants totaling $30K in 2024.
Where does Dorchester Bay Neighborhood Loan Fund operate?
Dorchester Bay Neighborhood Loan Fund has awarded grants in Massachusetts.
What size grants does Dorchester Bay Neighborhood Loan Fund award?
In 2024, Dorchester Bay Neighborhood Loan Fund awarded 2 grants totaling $30K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Dorchester Bay Neighborhood Loan Fund's EIN?
Dorchester Bay Neighborhood Loan Fund's EIN (Employer Identification Number) is 04-3473587. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dorchester Bay Neighborhood Loan Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.