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Local Enterprise Assistance Fund

BOSTON, MA EIN: 04-2763724 Website

LEAF'S MISSION IS TO PROMOTE HUMAN AND ECONOMIC DEVELOPMENT BY PROVIDING FINANCING AND DEVELOPMENT ASSISTANCE TO COOPERATIVES AND SOCIAL PURPOSE VENTURES THAT CREATE AND RETAIN JOBS FOR LOW-INCOME PEOPLE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$31.1M

+18.7% YoY

Annual Giving

$79K

Grant Count

5

Avg Grant Size

$16K

About Local Enterprise Assistance Fund

Based on IRS filings

Local Enterprise Assistance Fund is a nonprofit organization focused on Employment, based in BOSTON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $31.1M in total assets. In 2024, it awarded 5 grants totaling $79K. Net investment income was $278K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BostonLakevilleLynnNew BedfordWhitman

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M2021202220232024
Metric202420232022
Total Assets$31,143,770$26,238,896$24,155,726
Revenue$5,216,398$3,524,747$8,343,201
Expenses$4,323,969$2,918,153$2,679,863
Qualifying Distributions
Net Investment Income$277,627$208,756$2,638
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$64K$129K$193K$258K4 grants20215 grants20220 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

ELLIOT FARM LLC$25KBUILDING AUDACITY$15KDORCHESTER FOOD CO-OP$15KCOASTAL FOODSHED$13KHOMESTEAD HARVEST$11K

Grant Size Distribution

14 grants across all recorded years

13<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

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

GERARDO ESPINOZA DIR…LEAF EXECUTIVE DIRECTOR$171KAMINE BENALI DIRECTORLEAF MANAGING DIRECTOR$161KJOSE LUIS ROJAS DIRE…LEAF CHIEF LENDING OFFICER$149KCHRISTOPHER HUNTER D…LEAF ADVISORY SERVICE DIRECTOR$135KCONOR MCFARLANDLEAF DEVELOPMENT MANAGER - T…$115KALAN SINGERLEAF SENIOR LOAN OFFICER$109KMATHEW PIRESLEAF FINANCIAL ANALYST$76KFATIHA AINANELEAF SENIOR FINANCIAL ANALYST$46K

From 2024 filing

NameTitleHoursCompensation
GERARDO ESPINOZA DIRECTORLEAF EXECUTIVE DIRECTOR40$171,286
CHRISTOPHER HUNTER DIRECTORLEAF ADVISORY SERVICE DIRECTOR40$135,124
FATIHA AINANELEAF SENIOR FINANCIAL ANALYST40$46,081
MATHEW PIRESLEAF FINANCIAL ANALYST40$76,068
DAMILOLA ODETOLADIRECTOR & TREASURER2
ALEXANDER PYLEDIRECTOR & CLERK2
CHRISTINE CLAMPDIRECTOR & CHAIRPERSON2
TERRY LEWISDIRECTOR1
DAVID HAMMERDIRECTOR1
SHELLEY MILLERDIRECTOR1
JOHN SMITHDIRECTOR1
AMINE BENALI DIRECTORLEAF MANAGING DIRECTOR40$160,950
JOSE LUIS ROJAS DIRECTORLEAF CHIEF LENDING OFFICER32$148,867
CONOR MCFARLANDLEAF DEVELOPMENT MANAGER - TERMED OCT 202440$114,904
ALAN SINGERLEAF SENIOR LOAN OFFICER40$109,034

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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