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Nonprofit · EIN 04-3582215

THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN

Tax-exempt · CAMBRIDGE, MA 02139

Financials

$163K$419K2022$226K$423K2023$226K$423K2024
Revenue Expenses · by fiscal year end
Financials of THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$226,442$422,681-$196,239$1,011,125$21,038$990,087
June 30, 2024990$226,442$422,682-$196,240$1,207,364$21,038$1,186,326
June 30, 2023990$163,039$419,083-$256,044$1,406,951$35,974$1,370,977
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$158,017
Program service revenue
$0
Investment income
$33,425
Net gain from sales of assets
$5,784
Other revenue
$35,000

Expenses

Grants and similar amounts paid
$67,586
Compensation of officers, directors and key employees
$72,000
Other salaries and wages
$165,270
Salaries, compensation and benefits (total)
$266,919
Professional fundraising fees
$0
Legal fees
$140
Occupancy
$19,919
Travel
$500
Depreciation
$413
Program services (functional)
$287,275
Management and general (functional)
$90,703
Fundraising (functional)
$44,703

Balance sheet and other

Total assets, start of year
$1,207,364
Total assets, end of year
$1,011,125
Total liabilities, end of year
$21,038
Net assets, end of year
$990,087
Publicly traded securities
$429,389
Net assets without donor restrictions
$990,087
Gross receipts
$226,442
Employees
5
Year formed
2001
State of legal domicile
MA

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH FRIENDMANAGING DIR
Highest-paid employee
40$119,445
ROBIN BRENNERCLERK
Trustee or director, Officer
5$0
SABIRA LAKHANICURRENT PRES
Trustee or director, Officer
5$0
MICHAEL LESSERTREASURER
Trustee or director, Officer
8$0
MARCO PALMIERIDIRECTOR
Trustee or director
1$0
RUSSELL J DELUCIAFMR. PRESIDE
Trustee or director, Officer
30$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
ELIZABETH FRIENDMANAGING DIR
Highest-paid employee
40$119,445
MICHAEL LESSERTREASURER
Trustee or director, Officer
8$24,750
ROBIN BRENNERCLERK
Trustee or director, Officer
5$0
SOMAK GHOSHDIRECTOR
Trustee or director
1$0
SABIRA LAKHANIDIRECTOR
Trustee or director
1$0
MARCO PALMIERIDIRECTOR
Trustee or director
1$0
SCOTT SKLARDIRECTOR
Trustee or director
1$0
RUSSELL J DELUCIAPRESIDENT
Trustee or director, Officer
30$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
MICHAEL LESSERTREASURER
Trustee or director, Officer
40$24,750
ROBIN BRENNERCLERK
Trustee or director, Officer
–$0
SOMAK GHOSHDIRECTOR
Trustee or director
–$0
MARCO PALMIERIDIRECTOR
Trustee or director
–$0
SCOTT SKLARDIRECTOR
Trustee or director
–$0
RUSSELL J DELUCIAPRESIDENT
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
5 HASTINGS SQUARE, CAMBRIDGE, MA 02139-4963
In care of
% RUSSELL J DELUCIA
Principal officer (990 for 2024)
MICHAEL LESSER, 5 HASTINGS SQUARE THE CARRIAGE HOU, CAMBRIDGE, MA 02139
Signed the 990
MICHAEL LESSER, TREASURER
Phone
(617) 576-0652
Return prepared by
GONZALEZ AND ASSOCIATES PC

Mission

TO ACHIEVE POVERTY ALLEVIATION AND ECONOMIC DEVELOPMENT, S3IDF STRENGHTENS SMALL-SCALE ENTERPRISES AND INVEST IN HIGH IMPACT EARLY-STAGE BUSINESSES TO IMPROVE LIVESS AND LIVELIHOODS IN UNDERSERVED COMMUNITIES. THROUGH FINANCING AND TECHNICAL AND BUSINESSES ASSISTANCE, S3IDF WORKS TO IMPROVE OPPORTUNITIES FOR LOW-INCOME WORKERS, ADDRESS GENDER INEQUITIES, AND GENERATE ENVIRONMENTAL BENEFITS IN THE AGRICULTURE, WASTE/SANITATION, CLEAN ENERGY AND OTHER SECTORS. TO DISSEMINATE AND IMPLEMENT ITS WORK, S3IDF ALSO WORKS CLOSELY WITH NON- GOVERNMENTAL COMMUNITY AND NON-PROFIT ORGANIZATIONS. IT SHARES ITS TRADEMARKED "SOCIAL MERCHANT BANK APPROACH" TO IMPROVE THE PRO-POOR EFFECTIVENESS OF PROJECTS AND PROGRAMS IMPLEMENTED BY INTERNATIONAL AND LOCAL DEVELOPMENT AGENCIES AS WELL AS THE IMPACT INVESTING COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDES TECHNOLOGICAL BUSINESS DEVELOPMENT AND FINANCING ASSISTANCE TO NONGOVERNMENTAL PRIVATE, COMMUNITY AND NONPROFIT ORGANIZATIONS IN DEVELOPING COUNTRIES TO PROVIDE INFRASTRUCTURE SERVICES FOR POVERTY ALLEVIATION AND ECONOMIC DEVELOPMENT.
    Expenses $276,989 · grants $67,586
  • TO DISSEMINATE THE SOCIAL MERCHANT BANK APPROACH BY USING THE LESSONS DERIVED FROM SMALL SCALE'S TRANSPARENT MONITORING AND EVALUATION WORK TO ACHIEVE A MUCH BROADER IMPACT BY ENCOURAGING ORGANIZATIONS TO ADPOT A SIMILAR APPROACH.
    Expenses $10,286

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3582215
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,011,125
Income (IRS master file)
$226,442

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$226,442$422,681$1,011,125IRS
990June 2024$226,442$422,682$1,207,364IRS
990June 2023$163,039$419,083$1,406,951XML
990June 2022$1,152,196$413,015$1,618,867IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 04-3582215).

Questions about THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN

What is the EIN of THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN?
The employer identification number (EIN) of THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN is 04-3582215.
Is THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN?
The 990 for the year ended June 30, 2025 names MICHAEL LESSER.
Who are the officers and directors of THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $119,445 (ELIZABETH FRIEND, MANAGING DIR).
How much revenue does THE SMALL-SCALE SUSTAINABLE INFRASTRUCTURE DEVELOPMENT FUND IN have?
On its 990 for the year ended June 30, 2025 it reported revenue of $226,442, expenses of $422,681 and total assets of $1,011,125 at year end.

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