Boston Local Development Corporation

Community development organization based in Boston, MA.0 Exempt under §501(c)(3).

MissionTO BENEFIT THE COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE CITY OF BOSTON. BLDC ACCOMPLISHES THIS BY PROVIDING LONG-TERM FINANCING TO FIRMS AND COMPANIES LOCATED IN THE CITY OF BOSTON, MASSACHUSETTS.

EIN
04-2681311
State
MA
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2023
Records
—

Financial snapshot · TY 2023

$1.7M
Total revenue
$1.2M
Total expenses
$7.9M
Net assets

Financial health · TY 2023

85
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
49 months of expenses
Program efficiency
98
89.2% spent on programs
Revenue diversity
27
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Boston Local Development Corporation Executive Compensation | 990 Data | DoubleNine