Dorchester Bay Neighborhood Loan Fund

DORCHESTER, MA EIN: 04-3473587 Website

LENDING SERVICES FOR LOW-INCOME PROJECTS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.1M

+13.0% YoY

Annual Giving

$30K

Grant Count

2

Avg Grant Size

$15K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$740K$1M$2M$3M20202021202220232024
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
Qualifying Distributions
Net Investment Income$3,017$1,474$587
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K0 grants20200 grants20210 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

JUST BOOK-ISH$20KBELDO'S LANDSCAPING & SN…$10K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Dorchester Bay Neighborhood Loan Fund fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL BLACKPRESIDENT (UNTIL 4/24)0.62
LEIGHTON RICHARDSONVICE PRES. (UNTIL 4/24)/ PRESIDENT0.62
NAJAH WALLACEVICE PRES. (AS OF 4/24)0.62
BRIAN WELCHTREASURER0.62
LORRAINE PAYNE WHEELERCLERK0.62
PHIL HILLMANBOARD MEMBER0.62
MARY WALKERBOARD MEMBER0.62
EILEEN KENNERBOARD MEMBER0.62
ROSALYN JOHNSONBOARD MEMBER0.62
AN DUONGBOARD MEMBER0.62
RICKY OCHILOBOARD MEMBER0.62
KRISTEN HALBERTBOARD MEMBER0.62
ANGELA YARDEBOARD MEMBER0.62
DAMARIS AMACHREEBOARD MEMBER0.62
DERRICK BELLINGERBOARD MEMBER (UNTIL 4/24)0.62
KIMBERLY LYLECHIEF EXECUTIVE OFFICER9.35
SHARAT ANANT SOMASHEKARADIRECTOR OF FINANCE9.35
SUSAN CHUDIRECTOR OF REAL ESTATE DEVELOPMENT9.35
SAMARIAH BATTS-SPELLERDIRECTOR OF PEOPLE & CULTURE9.35
WILLIAM RIORDANACCOUNTING MANAGER9.35
SHERMAINE THOMPSONASSOCIATE DIRECTOR OF ACCOUNTING9.35
BRENDA GUERRA SEGURACREDIT OFFICER / PORTFOLIO MANAGER9.35

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

BostonDorchester

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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