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BAY COLONY DEVELOPMENT CORP

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Public nonprofit record

BAY COLONY DEVELOPMENT CORP

EIN 04-2738974 · Small Business Development (S43)

What they do

IT is BCDCS MISSION to BE THE LENDER of CHOICE for SMALL BUSINESSES, BY INVESTING RESOURCES; BOTH MONETARILY and PROFESSIONALLY, THAT OFFER CREATIVE FINANCING SOLUTIONS to PROVIDE POSITIVE ECONOMIC IMPACT WITHIN THE COMMUNITIES WE SERVE.

Money

Financial picture

Tax year 2024
Revenue$5,476,886
Expenses$4,853,179
Assets$5,987,484
Income$5,477,577
Grants given$229,500
Average grant$5,598
Management$905,851
Stocks and bonds$267,110
Accounting fees$28,475

About this charity

Recognized since
January 1983
Location
230 THIRD AVENUE 1ST FLOOR, WALTHAM, MA 02451
County
Middlesex
In care of
ERIK ADAMS
Primary officer
ERIK ADAMS, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990
Tax preparer
CITRIN COOPERMAN ADVISORS LLC
NTEE classification
Small Business Development (S43)
IRS tax category
Small Business Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
04
Affiliation
3
Classification
3000
Deductibility
2
Activity
403400405
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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