Downtown Boston Business Improvement District Corporation
To create a clean, welcome, and vibrant environment that will increase business activity in the downtown boston area, including downtown crossing, the ladder district, and parts of the theater and financial districts.
Key facts about Downtown Boston Business Improvement District Corporation
- EIN
- 27-3596446
- Latest 990 filing
- Form 990, 2024
- Total assets
- $4,761,530
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$4.8M
-8.3% YoY
Revenue
$7.5M
Net Investment Income
$169K
Expenses
$7.5M
About Downtown Boston Business Improvement District Corporation
Based on IRS filings
Downtown Boston Business Improvement District Corporation is a public charity focused on Community Improvement & Capacity Building, based in Boston, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. Net investment income was $169K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $20K (2021) to $150K (2022). In 2023 it made 1 grant totaling $60K.
*2023: Covers 18 months (fiscal year-end changed).
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
*2023: Covers 18 months (fiscal year-end changed).
| Metric | 2024 | 2023* | 2022 |
|---|---|---|---|
| Total Assets | $4,761,530 | $5,195,062 | $4,039,139 |
| Revenue | $7,542,870 | $11,116,293 | $7,235,337 |
| Expenses | $7,528,957 | $11,252,718 | $6,539,598 |
| Net Investment Income | $169,034 | — | — |
*2023: Covers 18 months (fiscal year-end changed).
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS September 30, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 26, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 29, 2024)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Downtown Boston Business Improvement District Corporation is led by Michael Nichols, President & CEO on every filing since 2023; 2 of 34 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael Nichols
President & CEO
On filings since 2023
40 hrs/week
$116K (2023) → $242K (2024)
Pam Messenger
Chairman
On filings since 2021
1 hr/week
No compensation reported
Andrew Grace
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Christine Dunn
Director
On filings since 2021
0.5 hrs/week
No compensation reported
David Greaney
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Doug Sickler
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Ed Haverty
Director
Treasurer → Director, 2024
On filings since 2021
0.5 hrs/week
No compensation reported
Ed Kane
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Jack Spurr
Director
Vice Chairman → Director, 2022
On filings since 2021
0.5 hrs/week
No compensation reported
Jim Robertson
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Joe Larkin
Director
On filings since 2021
0.5 hrs/week
No compensation reported
John Nucci
Director
On filings since 2021
0.5 hrs/week
No compensation reported
John Rattigan
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Michael Martins
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Nathaniel Sheidley
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Peggy Ings
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Peter Standish
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Rick Muriada
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Ron Druker
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Spencer Macalaster
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Steve Faber
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Brad Fredericks
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Lauren Johnson
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Rishi Shukla
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Sam Tyler
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Jenn Twombly
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Kerri Gallaway
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Kate Davis
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Morgan Weinstein
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Rick Muraida
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Rosemarie Boardman
CFO
On filings since 2021
40 hrs/week
$156K (2021) → $177K (2024)
Anthony Singleton
Treasurer
Director → Treasurer, 2024
On filings since 2021
1 hr/week
No compensation reported
Brian Awe
Clerk
On filings since 2021
0.5 hrs/week
No compensation reported
Chad Remis
Vice Chairman
Director → Vice Chairman, 2023
On filings since 2021
1 hr/week
No compensation reported
Former officers (17)
- Former: Brian Collins (2021–2023) — Director
- Former: Melanie Waldron (2021–2023) — Director
- Former: Al Gogolin (2022–2023) — Director
- Former: David Dyer (2022–2023) — Director
- Former: Mark Rollins (2022–2023) — Director
- Former: Chryssaldo Thomas (2023) — Director
- Former: Alison Lies (2021–2022) — Vice Chairman
- Former: Richard Finn (2021–2022) — Director
- Former: Rosemarie Sansone (2021–2022) — President & CEO
- Former: Susan O'Day (2021–2022) — Director
- Former: Anita Lauricella (2022) — Senior Project Manager
- Former: Bill Cowin (2021) — Director
- Former: Greg Nomura (2021) — Director
- Former: Mike Murphy (2021) — Director
- Former: Pat Walsh (2021) — Director
- Former: Phil Boccalatte (2021) — Director
- Former: William Abramowitz (2021) — Director
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $242K, to Michael Nichols (President & CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Downtown Boston Business Improvement District Corporation
How large is Downtown Boston Business Improvement District Corporation?
Downtown Boston Business Improvement District Corporation reported $4.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.5M.
What is Downtown Boston Business Improvement District Corporation?
Downtown Boston Business Improvement District Corporation is a public charity focused on Community Improvement & Capacity Building, based in Boston, MA. It holds $4.8M in total assets as of 2024.
Where does Downtown Boston Business Improvement District Corporation operate?
Downtown Boston Business Improvement District Corporation has awarded grants in Massachusetts.
What is Downtown Boston Business Improvement District Corporation's EIN?
Downtown Boston Business Improvement District Corporation's EIN (Employer Identification Number) is 27-3596446. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Downtown Boston Business Improvement District Corporation by hand.
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