BAY COLONY DEVELOPMENT CORP
Data sourced from IRS 990 public filings
BAY COLONY DEVELOPMENT CORP THE ORGANIZATION PROVIDES SBA 504 FINANCING AND MICROLOANS TO SMALL BUSINESSES LOCATED IN NEW ENGLAND.
Local (City/County Level)
Low-Income/Economically Disadvantaged
Direct Service Delivery
Workforce & Economic Opportunity
Housing & Homelessness
Policy Advocacy & Legislative Reform
Annual Revenue
$5,023,750
Known Funders
2
Grants Received
4
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $5,023,750 | $4,144,965 | $5,320,645 |
| 2022 | $4,591,941 | $3,962,002 | $4,414,025 |
| 2021 | $4,128,330 | $3,908,557 | $3,401,192 |
| 2020 | $4,580,376 | $3,604,803 | $3,095,960 |
| 2019 | $3,834,582 | $3,355,516 | $2,070,794 |
| 2018 | $3,564,957 | $3,386,306 | $1,678,377 |
| 2017 | $3,291,149 | $3,227,221 | $1,537,209 |
| 2016 | $3,131,043 | $3,089,844 | $1,375,750 |
Top Funders
Cambridge Savings Charitable
Cambridge, MA
$50,000 (2023)
Cambridge Savings Charitable
Cambridge, MA
$50,000 (2022)
Cambridge Savings Charitable
Cambridge, MA
$50,000 (2021)
LEE ANN AND MELVIN H JACOBS FOUNDATION
CHICAGO, IL
$2,500 (2022)
Key Personnel
From 2023 IRS 990 filing
N
NINA LUCHKA
DIRECTOR
R
REBECCA DEWOLFE
CHAIRWOMAN
Officer
R
RICHARD LEFFERTS
DIRECTOR
S
SCOTT VANDERSALL
VICE CHAIRMAN
Officer
T
TIMOTHY FAHEY
DIRECTOR
W
WILLIAM CANTOR
DIRECTOR
M
MARY KATHERINE MANSFIELD
PRESIDENT AND CEO
Officer
G
GEORGE BERBECO
DIRECTOR UNTIL 03/24
B
BETTY ULE
CFO
Officer
C
COLLEEN MURPHY GUARNIERI
VP CLOSING
Officer
Showing 10 of 37 key personnel.
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