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
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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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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