Logo for "BLUEHUB CAPITAL INC"

BLUEHUB CAPITAL INC

BLUEHUB CAPITAL INC

Boston, MA, US
501(c)3
EIN
04-3246555
Logo for "BLUEHUB CAPITAL INC"

BLUEHUB CAPITAL INC

Boston, MA, US
501(c)3
EIN
04-3246555

Overview

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Est.

1994

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

BLUEHUB CAPITAL INC is a nonprofit organization dedicated to providing below-market rate capital to community-based organizations for the development of affordable housing and broader community lending that benefits low-income or disadvantaged individuals and communities. With an operating budget of $1.3 million and total revenue of $2.4 million for the filing year 2024, the organization is supported by significant funding from various sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at https://bluehubcapital.org.

Mission Statement

TO PROVIDE BELOW MARKET RATE CAPITAL TO COMMUNITY BASED ORGANIZATIONS FOR DEVELOPMENT OF AFFORDABLE HOUSING AND TO PROVIDE BROADER COMMUNITY LENDING THAT DIRECTLY OR INDIRECTLY BENEFITS LOW INCOME OR DISADVANTAGED PEOPLE OR COMMUNITIES.
Revenues

$2.4M

Expenses

$1.3M

Net Income:
+$1.1M
Assets

$16.1M

Liabilities

$4.6M

Net Assets:
+$11.6M
Operating Budget

$1.3M

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

3

Median grant size
$150K
Largest grant received
$220K
E
Elyse Cherry
Board Member
S
Sarah C Lincoln
Board Member
R
Reverend James Walsh Sj
Board Member

Frequently Asked Questions

What is BLUEHUB CAPITAL INC’s budget?
In 2024, BLUEHUB CAPITAL INC reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does BLUEHUB CAPITAL INC support?
BLUEHUB CAPITAL INC supports work in Community improvement and Home repairs.
Where does BLUEHUB CAPITAL INC operate?
BLUEHUB CAPITAL INC is headquartered in Boston, MA.
Who funded BLUEHUB CAPITAL INC recently?
In 2024, BLUEHUB CAPITAL INC received grants from THE ROBERT WOOD JOHNSON FOUNDATION, DORIS DUKE CHARITABLE FOUNDATION INC, and THE ROBERT WOOD JOHNSON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BLUEHUB CAPITAL INC received in 2024?
The largest grant to BLUEHUB CAPITAL INC in 2024 exceeds $220 thousand.
Overview
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