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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Elliot Farm Llc ($25,000), Building Audacity ($15,000), Dorchester Food Co-op ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BUILDING AUDACITY LYNN, MA | GRANT TO SUPPORT ACTIVITIES OF ORGANIZATION | $15,000 |
| ELLIOT FARM LLC LAKEVILLE, MA | GRANT TO SUPPORT ACTIVITIES OF ORGANIZATION | $25,000 |
| DORCHESTER FOOD CO-OP BOSTON, MA | GRANT TO SUPPORT ACTIVITIES OF ORGANIZATION | $15,000 |
| HOMESTEAD HARVEST WHITMAN, MA | GRANT TO SUPPORT ACTIVITIES OF ORGANIZATION | $10,558 |
| COASTAL FOODSHED NEW BEDFORD, MA | GRANT TO SUPPORT ACTIVITIES OF ORGANIZATION | $13,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERARDO ESPINOZA DIRECTOR | LEAF EXECUTIVE DIRECTOR | 40 | $171,286 |
| CHRISTOPHER HUNTER DIRECTOR | LEAF ADVISORY SERVICE DIRECTOR | 40 | $135,124 |
| FATIHA AINANE | LEAF SENIOR FINANCIAL ANALYST | 40 | $46,081 |
| MATHEW PIRES | LEAF FINANCIAL ANALYST | 40 | $76,068 |
| DAMILOLA ODETOLA | DIRECTOR & TREASURER | 2 | — |
| ALEXANDER PYLE | DIRECTOR & CLERK | 2 | — |
| CHRISTINE CLAMP | DIRECTOR & CHAIRPERSON | 2 | — |
| TERRY LEWIS | DIRECTOR | 1 | — |
| DAVID HAMMER | DIRECTOR | 1 | — |
| SHELLEY MILLER | DIRECTOR | 1 | — |
| JOHN SMITH | DIRECTOR | 1 | — |
| AMINE BENALI DIRECTOR | LEAF MANAGING DIRECTOR | 40 | $160,950 |
| JOSE LUIS ROJAS DIRECTOR | LEAF CHIEF LENDING OFFICER | 32 | $148,867 |
| CONOR MCFARLAND | LEAF DEVELOPMENT MANAGER - TERMED OCT 2024 | 40 | $114,904 |
| ALAN SINGER | LEAF SENIOR LOAN OFFICER | 40 | $109,034 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Local Enterprise Assistance Fund?
Local Enterprise Assistance Fund is a nonprofit organization focused on Employment, based in BOSTON, MA. It holds $31.1M in total assets as of 2024.
How large is Local Enterprise Assistance Fund?
As of 2024, Local Enterprise Assistance Fund holds $31.1M in total assets with $5.2M in annual revenue. It awarded 5 grants totaling $79K in 2024.
Where does Local Enterprise Assistance Fund operate?
Local Enterprise Assistance Fund has awarded grants in Massachusetts.
What size grants does Local Enterprise Assistance Fund award?
In 2024, Local Enterprise Assistance Fund awarded 5 grants totaling $79K — an average of about $16K per grant, based on its IRS Form 990 filings.
What is Local Enterprise Assistance Fund's EIN?
Local Enterprise Assistance Fund's EIN (Employer Identification Number) is 04-2763724. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Local Enterprise Assistance Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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