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Nonprofit · EIN 04-3246547

BCLF MANAGED ASSETS CORPORATION

Tax-exempt · BOSTON, MA 02119

Financials

$1.3M$1.2M2023$4.4M$2M2024
Revenue Expenses · by fiscal year end
Financials of BCLF MANAGED ASSETS CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,447,849$2,015,382$2,432,467$14,509,312$2,096,051$12,413,261
December 31, 2023990-PF$1,321,393$1,180,032$141,361$17,223,621$1,742,827$15,480,794
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Interest
$720,320
Other income
$3,727,529

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$414,164
Salaries, compensation and benefits (total)
$140,335
Disbursements for charitable purposes
$1,981,572
Excise tax on investment income
$9,609

Balance sheet and other

Total assets, start of year
$17,223,621
Total assets, end of year
$14,509,312
Total liabilities, end of year
$2,096,051
Net assets, end of year
$12,413,261
Fair market value of assets
$14,509,312
Qualifying distributions
$1,981,572
Net investment income
$720,320

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELYSE CHERRY
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
CEO & EX-OFFICIO10$198,911$55,238
DEWITT JONES
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
PRESIDENT & EX-OFFICIO20$89,876$14,204
EMILY KAMINSKY
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
DIRECTOR, IMPACT & C
Highest-paid employee
12$42,495$2,605
E MATTHEW GAUTIERI
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
SVP, CONTROLLER
Highest-paid employee
4$23,753$1,495
AUTUMN MCLAUGHLIN
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
SVP, STRATEGIC COMMU
Highest-paid employee
4$19,062$1,142
LISA ZAPPALA
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
CHIEF FINANCIAL OFFICER (UNTIL 9/2024)2$17,942$8,994
CHARLES CLARK
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
CHAIRMAN OF THE BOARD1$0$0
REESE FAYDE
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
VICE CHAIR OF THE BOARD1$0$0
SARAH LINCOLN
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
TREASURER1$0$0
REVEREND JAMES WALSH SJ
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
CLERK1$0$0
EDWARD DUGGER III
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
BOARD MEMBER1$0$0
JULIE GOULD
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
BOARD MEMBER1$0$0
MARIA MAFFEI
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
BOARD MEMBER1$0$0
VICTOR R RIVERA
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
BOARD MEMBER1$0$0
MERCEDES TOMPKINS
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
BOARD MEMBER1$0$0
2 more people on this return
NameTitleHours / weekCompensation
KAREN KELLEHER
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
PRESIDENT, BLUEHUB LOAN FUND0$0
JACQUELYN BARRY HAMILTON
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119
CHIEF FINANCIAL OFFICER (AS OF 9/2024)0$0
990-PF for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
ELYSE CHERRY
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
CEO & EX-OFFICIO10$197,811$23,763
DEWITT JONES
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
PRESIDENT & EX-OFFICIO12$101,373$14,003
E MATTHEW GAUTIERI
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
SVP, CONTROLLER
Highest-paid employee
4$23,127$1,465
AUTUMN MCLAUGHLIN
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
VP, COMMUNICATIONS &
Highest-paid employee
4$16,599$995
LISA ZAPPALA
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
CHIEF FINANCIAL OFFICER2$15,782$8,945
CHARLES CLARK
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
CHAIRMAN OF THE BOARD1$0$0
SARAH LINCOLN
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
TREASURER1$0$0
REVEREND JAMES WALSH SJ
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
CLERK1$0$0
EDWARD DUGGER III
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
BOARD MEMBER1$0$0
JULIE GOULD
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
BOARD MEMBER1$0$0
MARIA MAFFEI
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
BOARD MEMBER1$0$0
VICTOR R RIVERA
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
BOARD MEMBER1$0$0
MERCEDES TOMPKINS
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
BOARD MEMBER1$0$0
REESE FAYDE
10 MALCOLM X BOULEVARD, BOSTON, MA 02119
BOARD MEMBER1$0$0

Address and contacts

Address (IRS master file)
1785 COLUMBUS AVENUE 6TH FLOOR, BOSTON, MA 02119-1041
Signed the 990-PF
JACQUELYN BARRY HAMILTON, CHIEF FINANCIAL OFFICER
Phone
(617) 427-8600
Return prepared by
AAFCPAS INC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3246547
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$14,509,312
Income (IRS master file)
$4,447,849

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,447,849$2,015,382$14,509,312XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,321,393$1,180,032$17,223,621XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3246547).

Questions about BCLF MANAGED ASSETS CORPORATION

What is the EIN of BCLF MANAGED ASSETS CORPORATION?
The employer identification number (EIN) of BCLF MANAGED ASSETS CORPORATION is 04-3246547.
Is BCLF MANAGED ASSETS CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to BCLF MANAGED ASSETS CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does BCLF MANAGED ASSETS CORPORATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BCLF MANAGED ASSETS CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BCLF MANAGED ASSETS CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of BCLF MANAGED ASSETS CORPORATION?
The 990-PF for the year ended December 31, 2024 lists 17 people; 6 received compensation from the organization, the highest $198,911 (ELYSE CHERRY, CEO & EX-OFFICIO).
How much revenue does BCLF MANAGED ASSETS CORPORATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,447,849, expenses of $2,015,382 and total assets of $14,509,312 at year end.

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