Downtown Boston Business Improvement District Corporation logo

Downtown Boston Business Improvement District Corporation

501(c)(6) organization Boston, MA EIN: 27-3596446 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Boston

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2021 1 grant2022 1 grant2023* Covers 18 months (fiscal year-end changed)0 grants2024

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

1<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

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

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2021 2022 2023* Covers 18 months (fiscal year-end changed)2024

*2023: Covers 18 months (fiscal year-end changed).

Metric20242023*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

  1. Updated Form 990 for fiscal year 2021 (received by the IRS September 30, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS September 26, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS July 29, 2024)
  4. 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

Michael Nichols — President & CEO: $242KMichael NicholsPresident & CEO$242KRosemarie Boardman — CFO: $177KRosemarie BoardmanCFO$177K

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.

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