NonprofitsBclf Ventures Inc

Housing & Shelter

Bclf Ventures Inc

BOSTON, MA

Total revenue

$6.4M

Total expenses

$5.4M

Net assets

$32.6M

Grants received

$1M

1 grants

EIN

043246552

Tax year

2024

Mission

Community venture capital

Programs

1 program

The organization's disregarded entity, aura mortgage advisors, acts as a mortgage broker/lender for low-income people and communities.

Expenses: $4.3M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$4.4M
Investment income$1.1M
Other revenue$815K
Total revenue$6.4M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$3.2M
Total expenses$5.4M
Total assets$82.0M
Net assets$32.6M

People

19 listed

NameRoleCompensation

ELYSE CHERRY

CEO & EX-OFFICIO BOARD MEMBER

Board

$387K

16 hrs/wk

LISA ZAPPALA

EVP, CFO (UNTIL 9/2024)

Board

$86K

8 hrs/wk

REESE FAYDE

VICE CHAIR OF THE BOARD

Board

1 hrs/wk

SARAH C LINCOLN

TREASURER OF THE BOARD

Board

1 hrs/wk

REVEREND JAMES WALSH SJ

CLERK OF THE BOARD

Board

1 hrs/wk

EDWARD DUGGER III

BOARD MEMBER

Board

1 hrs/wk

JULIE GOULD

BOARD MEMBER

Board

1 hrs/wk

MARIA MAFFEI

BOARD MEMBER

Board

1 hrs/wk

MERCEDES TOMPKINS

BOARD MEMBER

Board

1 hrs/wk

VICTOR R RIVERA

BOARD MEMBER

Board

1 hrs/wk

DEWITT JONES

PRESIDENT, BLUEHUB ENERGY

Board

0

JACQUELYN BARRY HAMILTON

CFO (AS OF 9/2024)

Board

0

KAREN KELLEHER

PRES. LOAN FUND & EX-OFFICIO BOARD MEM.

Board

0

CHARLES CLARK

CHAIRMAN OF THE BOARD

Board

1 hrs/wk

E MATTHEW GAUTIERI

SVP, CONTROLLER

Staff

$36K

6 hrs/wk

BRENDA LOYA

CHIEF OPERATING OFFICER

Staff

0

MICHAEL NILLES

SVP,COMMERCIAL LENDING, TEAM LEADER

Staff

0

LUBNA ELIA

CHIEF ADMINISTRATIVE OFFICER

Staff

0

ARUNABHA CHAKRAVARTY

SVP, PORTFOLIO MANAGEMENT

Staff

0

Independent contractors

DOVENMUEHLE MORTGAGE INC

MORTGAGE LOAN SERVICING

$141K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$1M
TO PROVIDE ADDITIONAL INVESTMENTS IN AURA MORTGAGE.
2018

Funded by

$1M from 1 funder · 1 grant · 2018

Bclf Managed Assets Corporation

$1M · 1 grant · 2018

Details

EIN043246552
NTEE codeL82
Subsection03
Ruling date1996-06
Formed1994
Employees56
Volunteers9
BCLF VENTURES INC — Mission, Financials & Grants Received | Grantivo