Hudson Downtown Business Improvement
TO INITIATE, MANAGE AND FINANCE SUPPLEMENTAL SERVICES IN THE DOWNTOWN DISTRICT OF THE TOWN OF HUDSON, MASSACHUSETTS FOR THE BENEFIT OF EVERYONE WHO LIVES, WORKS OR VISITS THE DOWNTOWN AREA.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$174K
-6.2% YoY
Revenue
$165K
-7.4% YoY
Net Investment Income
$210
+191.7% YoY
Expenses
$211K
+34.9% YoY
About Hudson Downtown Business Improvement
Based on IRS filings
Hudson Downtown Business Improvement is a nonprofit organization focused on Community Improvement & Capacity Building, based in HUDSON, MA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $174K in total assets. Net investment income was $210.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $173,948 | $185,437 | $162,290 |
| Revenue | $164,927 | $178,052 | $176,657 |
| Expenses | $210,561 | $156,053 | $155,574 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $210 | $72 | $599 |
| 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 2023
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 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARTHUR P REDDING | PRESIDENT | 8 | — |
| CHARLES H RANDALL | TREASURER | 8 | — |
| MAE ZAGAMI | CLERK | 8 | — |
| KARIM EL GAMAL | VICE PRESIDENT | 8 | — |
| MICHAEL D MURPHY | DIRECTOR | 1 | — |
| BARTHOLOMEW H MURPHY | DIRECTOR | 1 | — |
| THOMAS DESMOND | DIRECTOR | 1 | — |
| WILLIAM ROSS | DIRECTOR | 1 | — |
| ALICE ANACHEKA-NASEMANN | DIRECTOR | 1 | — |
| DONNA DRISCOLL | DIRECTOR | 1 | — |
| KRISTINA JOHNSON | DIRECTOR | 1 | — |
| MICHAEL KASSERIS | DIRECTOR | 1 | — |
| SCOTT DUPLISEA | DIRECTOR | 1 | — |
| BRANCH YULES | DIRECTOR | 1 | — |
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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