Way Finders Inc logo

Way Finders Inc

Public charity · Grantmaker Springfield, MA EIN: 04-2518368 Website

Way Finders, inc. Provides affordable housing opportunities, education and support; enabling people to achieve a better future and promoting vibrant, diverse communities.

Way Finders Inc at a glance

In short: Way Finders Inc gave $362K across 4 grants in 2025 (avg $90K), mostly in Massachusetts. Source: 2025 IRS Form 990.

Annual giving (2025)
$361,957
-16.9% vs 2024
Grants made (2025)
4
-20.0% vs 2024
Average grant
$90,489
+3.9% vs 2024
Median grant
$50,918
Total assets
$77,939,713
+9.8% vs 2024
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Way Finders Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Enlace De Familias Holyokeholyoke Family Network Inc: $235KEnlace De FamiliasHolyokeholyoke Family Network…$235KSpringfield Partners for Community Action Inc: $76KSpringfield Partners forCommunity Action Inc$76KMassachusetts Fair Housing Center: $25KMassachusetts Fair HousingCenter$25KOne Holyoke Community Development Corporation: $25KOne Holyoke CommunityDevelopment Corporation$25K

The largest 2025 recipient was Enlace De Familias Holyokeholyoke Family Network Inc ($235K). Together the top 4 received $362K.

Grant Size Distribution

23 grants across all recorded years

13<$50K7$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 23 (57%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

Cities

HolyokeSpringfieldAmherstBostonChicopeePittsfieldTurner FallsWare

How Way Finders Inc gives

  • Giving grew 368% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K10 grants2020 5 grants2021 2 grants2022 7 grants2023 5 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $77K (2022) to $752K (2020). In 2025 it made 4 grants totaling $362K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Enlace De Familias Holyokeholyoke Family Network Inc Holyoke, MARaft Applications$235,000
Springfield Partners for Community Action Inc Springfield, MARaft Applications$76,400
Massachusetts Fair Housing Center Holyoke, MAFair Housing Education$25,435
One Holyoke Community Development Corporation Holyoke, MAUrban Development$25,122
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$77,939,713$160,465,214$158,349,776$361,9574$7,069,772
2024$71,013,532$129,839,663$129,290,056$435,4005$5,235,716
2023$69,807,818$113,124,627$112,785,347$228,4227$361,165
2022$56,219,602$168,594,430$168,385,357$77,3032$367,900
2021$64,833,045$108,391,886$105,109,255$177,9595$327,520
2020$50,310,773$78,199,932$77,677,458$751,95810$3,323,138

About Way Finders Inc

Based on IRS filings

Way Finders Inc is a public charity focused on Housing & Shelter, based in Springfield, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $77.9M in total assets. In 2025, it awarded 4 grants totaling $362K. Net investment income was $7.1M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Way Finders Inc is led by Keith Fairey, President & CEO on every filing since 2021; 8 of 27 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Keith Fairey

    President & CEO

    On filings since 2021

    40 hrs/week

    $103K (2021) → $234K (2025)

  • Jasmine Matta-Naylor

    Chairperson

    Vice Chairperson → Chairperson, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jessica Fraga

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jim Broderick

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jim Hickson

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Marta Alverez

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Adlyn Colon

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Karon Tyler

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Rondey Allen

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Andrew Moorehouse

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Harry Montalvo

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Janna Tetreault

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Alice Raymond

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Amber Coughlin

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Melissa Prohaska

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Nick Macy

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Derek J. Morris

    Chief Financial Officer

    On filings since 2020

    40 hrs/week

    $78K (2020) → $173K (2025)

  • Janette Vigo

    Chief Program Officer

    On filings since 2020

    40 hrs/week

    $109K (2021) → $145K (2025)

  • Laureen Borgatti

    Chief Operating Officer

    Chief Administrative Officer → Chief Operating Officer, 2021

    On filings since 2020

    40 hrs/week

    $147K (2020) → $168K (2025)

  • Pascale Desir Non-Voting

    Assistant Secretary & Chief Le

    On filings since 2020

    40 hrs/week

    $127K (2020) → $164K (2025)

  • Anni Zhu

    Chief of Staff

    On filings since 2022

    40 hrs/week

    $36K (2022) → $153K (2025)

  • John Bidwell

    Chief Development Officer

    On filings since 2023

    40 hrs/week

    $128K (2024) → $155K (2025)

  • Erica Simmonette

    Chief People & Administrator

    Chief People & Administrative Officers → Chief People & Administrator, 2025

    On filings since 2024

    40 hrs/week

    $132K (2024) → $142K (2025)

  • Denise Cogman

    Secretary

    Director → Secretary, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Erica True

    Vice Chairperson

    Director → Vice Chairperson, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • George D. Rosa

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Leonard Underwood

    Vice Chairperson

    Secretary → Vice Chairperson, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (24)
  • Former: James Sherbo (2020–2023) — Director
  • Former: Lidya Rivera-Early (2020–2023) — Director
  • Former: Megan Talbert (2020–2023) — Former Chief Development Officer
  • Former: Rosemary Morin (2020–2023) — Vice Chairperson
  • Former: Diane Smith (2022–2023) — Chief Real Estate Officer
  • Former: Lee Ann Pasquini (2023) — Director
  • Former: Brenda Doherty (2020–2022) — Director
  • Former: Clare Higgins (2020–2022) — Director
  • Former: Glenn Welch (2020–2022) — Director
  • Former: Leeann Pasquini (2020–2022) — Director
  • Former: Nancy Rivera (2020–2022) — Senior Vice President of Rental Assistanc
  • Former: Peter Gagliardi (2020–2022) — Former President & CEO
  • Former: Faith Williams (2020–2021) — Senior Vice President of Property & Asset
  • Former: Jane Loechler (2020–2021) — Director
  • Former: Jeffery Morgan (2020–2021) — Senior Consultant
  • Former: Jose Claudio (2020–2021) — Director
  • Former: Michelle McAdaragh (2020–2021) — Senior Vice President of Real Estate Development
  • Former: Peter Graham (2020–2021) — President of Mbl Housing
  • Former: Sarah Szczebak (2020–2021) — Director
  • Former: Shirley Lebron (2020–2021) — Director
  • Former: Lauren Voyer (2021) — Former Senior Vice President of Housing Support
  • Former: Mary Beth Dowd (2021) — Former Chief Program Officer
  • Former: Raymond Lanza-Weil (2021) — President of Common Capital
  • Former: Christopher Sikes (2020) — President of Common Capital

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Keith Fairey — President and CEO: $234KKeith FaireyPresident and CEO$234KDerek J Morris — Chief Financial Officer: $173KDerek J MorrisChief Financial Officer$173KLaureen Borgatti — Chief Operating Officer: $168KLaureen BorgattiChief Operating Officer$168KPascale Desir Non-Voting — Asst. Secretary & Chief Le: $164KPascale Desir Non-VotingAsst. Secretary & Chief Le$164KJohn Bidwell — Chief Development Officer: $155KJohn BidwellChief Development Officer$155KAnni Zhu — Chief of Staff: $153KAnni ZhuChief of Staff$153KJanette Vigo — Chief Program Officer: $145KJanette VigoChief Program Officer$145KErica Simmonette — Chief People & Administrat: $142KErica SimmonetteChief People & Administrat$142K

The highest reported compensation on the 2025 filing was $234K, to Keith Fairey (President and CEO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about Way Finders Inc

How much does Way Finders Inc give each year?

Way Finders Inc gave $362K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $435K across 5 grants.

What is Way Finders Inc's typical grant size?

Way Finders Inc's median grant in 2025 was $50,918, and its average grant was $90,489, across 4 grants on its 2025 IRS Form 990.

Where does Way Finders Inc give grants?

Way Finders Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Holyoke, MA (3 grants).

Does Way Finders Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Way Finders Inc's 2025 IRS Form 990 were described as general or operating support.

How large is Way Finders Inc?

Way Finders Inc reported $77.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $160.5M.

What is Way Finders Inc?

Way Finders Inc is a public charity focused on Housing & Shelter, based in Springfield, MA. It holds $77.9M in total assets as of 2025.

What is Way Finders Inc's EIN?

Way Finders Inc's EIN (Employer Identification Number) is 04-2518368. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS March 29, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 5, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 1, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Way Finders Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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