Downtown Boston Business Improvement
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-5.4% YoY
Revenue
$7.5M
+2.0% YoY
Net Investment Income
$169K
Expenses
$7.5M
+2.8% YoY
About Downtown Boston Business Improvement
Based on IRS filings
Downtown Boston Business Improvement is a nonprofit organization 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
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,761,530 | $5,033,585 | $4,039,139 |
| Revenue | $7,542,870 | $7,393,450 | $7,235,337 |
| Expenses | $7,528,957 | $7,321,410 | $6,539,598 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $169,034 | — | — |
| 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 0 recipients in 2024
Grant Size Distribution
3 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 |
|---|---|---|---|
| MICHAEL NICHOLS | PRESIDENT & CEO | 40 | $242,000 |
| PAM MESSENGER | CHAIRMAN | 1 | — |
| ANTHONY SINGLETON | TREASURER | 1 | — |
| CHAD REMIS | VICE CHAIRMAN | 1 | — |
| BRIAN AWE | CLERK | 0.5 | — |
| JENN TWOMBLY | DIRECTOR | 0.5 | — |
| BRAD FREDERICKS | DIRECTOR | 0.5 | — |
| KATE DAVIS | DIRECTOR | 0.5 | — |
| RON DRUKER | DIRECTOR | 0.5 | — |
| CHRISTINE DUNN | DIRECTOR | 0.5 | — |
| NATHANIEL SHEIDLEY | DIRECTOR | 0.5 | — |
| STEVE FABER | DIRECTOR | 0.5 | — |
| DAVID GREANEY | DIRECTOR | 0.5 | — |
| ANDREW GRACE | DIRECTOR | 0.5 | — |
| LAUREN JOHNSON | DIRECTOR | 0.5 | — |
| PEGGY INGS | DIRECTOR | 0.5 | — |
| ED KANE | DIRECTOR | 0.5 | — |
| JOE LARKIN | DIRECTOR | 0.5 | — |
| JACK SPURR | DIRECTOR | 0.5 | — |
| SPENCER MACALASTER | DIRECTOR | 0.5 | — |
| RICK MURIADA | DIRECTOR | 0.5 | — |
| RISHI SHUKLA | DIRECTOR | 0.5 | — |
| JOHN NUCCI | DIRECTOR | 0.5 | — |
| RICK MURAIDA | DIRECTOR | 0.5 | — |
| KERRI GALLAWAY | DIRECTOR | 0.5 | — |
| JIM ROBERTSON | DIRECTOR | 0.5 | — |
| DOUG SICKLER | DIRECTOR | 0.5 | — |
| ED HAVERTY | DIRECTOR | 0.5 | — |
| PETER STANDISH | DIRECTOR | 0.5 | — |
| MICHAEL MARTINS | DIRECTOR | 0.5 | — |
| SAM TYLER | DIRECTOR | 0.5 | — |
| JOHN RATTIGAN | DIRECTOR | 0.5 | — |
| MORGAN WEINSTEIN | DIRECTOR | 0.5 | — |
| ROSEMARIE BOARDMAN | CFO | 40 | $176,534 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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