BCLF VENTURES INC

BCLF VENTURES INC

Boston, MA, US
501(c)3
EIN
04-3246552

BCLF VENTURES INC

Boston, MA, US
501(c)3
EIN
04-3246552

Overview

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Est.

1994

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

BCLF Ventures Inc, with EIN 04-3246552, is a nonprofit organization dedicated to urban development and providing rent and mortgage assistance, operating under the mission of community venture capital. In 2024, the organization reported an operating budget of $5.4 million and total revenue of $6.4 million, with a significant funding source of $19.3 million from an unidentified contributor, indicating reliance on a single funder for over 50% of its revenue. More information can be found on their website at https://bluehubcapital.org.

Mission Statement

COMMUNITY VENTURE CAPITAL
Revenues

$6.4M

Expenses

$5.4M

Net Income:
+$1M
Assets

$82M

Liabilities

$49.4M

Net Assets:
+$32.6M
Operating Budget

$5.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$1M
Largest grant received
$1M
E
Elyse Cherry
Board Member
E
Edward Dugger Iii
Board Member
J
Julie Gould
Board Member

Frequently Asked Questions

What is BCLF VENTURES INC’s budget?
In 2024, BCLF VENTURES INC reported an annual operating budget of around $5.4 million. More detailed financial information is available to registered users.
What causes does BCLF VENTURES INC support?
BCLF VENTURES INC supports work in Urban development and Rent and mortgage assistance.
Where does BCLF VENTURES INC operate?
BCLF VENTURES INC is headquartered in Boston, MA.
Who funded BCLF VENTURES INC recently?
In 2018, BCLF VENTURES INC received grants from BCLF MANAGED ASSETS CORPORATION, BCLF MANAGED ASSETS CORPORATION, and BCLF MANAGED ASSETS CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant BCLF VENTURES INC received in 2018?
The largest grant to BCLF VENTURES INC in 2018 exceeds $1 million.
Overview
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