DUDLEY ECONOMIC EMPOWERMENT PARTNERS INC Charity Report

Public IRS 990 nonprofit record

DUDLEY ECONOMIC EMPOWERMENT PARTNERS INC

EIN 04-3292135 · Community Improvement & Capacity Building (S50I)

What they do

THE PRIMARY MISSION of DEEP is to PROMOTE ECONOMIC DEVELOPMENT; to IDENTIFY and ALLEVIATE STRUCTURAL CAUSES of BUSINESS DECLINE; to INVEST IN THE COMMUNITY BY PURCHASING and HOLDING STRATEGIC PROPERTY for DEVELOPMENT; to GUIDE ECONOMIC DEVELOPMENT PROCESSES AS A TRUSTEE of THE COMMUNITY RESIDENTS; and to DO ALL ACTS PERMITTED UNDER THE PROVISIONS of CHAPTER 180 of THE GENERAL LAWS of MASS. and SECTION 501 (C)(3) of THE IRS CODE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

516.47%of revenue went to mission work80.2% of expenses · Program services

11.35%of revenue went to fundraising1.8% of expenses

$406.06spent for every $100 of revenueSpending was higher than revenue this year.

116.38%of revenue went to management and office costs18.1% of expenses

$9.38in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $513,474 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $23,723 for DANYSON FRAGOSO TAVARES (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$105,750

Mission workProgram services$546,169516.47% of revenue80.2% of expenses

ManagementOffice and general costs$123,073116.38% of revenue18.1% of expenses

FundraisingAsking for donations$12,00011.35% of revenue1.8% of expenses

Total expenses$681,242644.20% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 80.2% mission · 18.1% management · 1.8% fundraisingTotal expenses: 644.20% of revenue

2022Expense mix: 94.9% mission · 5.1% management · 0.0% fundraisingTotal expenses: 2,618.84% of revenue

2021Expense mix: 47.7% mission · 52.3% management · 0.0% fundraisingTotal expenses: 242.14% of revenue

2020Expense mix: 53.8% mission · 46.2% management · 0.0% fundraisingTotal expenses: 10.48% of revenue

2019Expense mix: 82.2% mission · 17.8% management · 0.0% fundraisingTotal expenses: 110.58% of revenue

2018Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 80.63% of revenue

2017Expense mix: 83.1% mission · 16.9% management · 0.0% fundraisingTotal expenses: 114.73% of revenue

2016Expense mix: 80.0% mission · 20.0% management · 0.0% fundraisingTotal expenses: 103.71% of revenue

Money in and money out

Revenue$167,768

Expenses$681,242

Annual shortfall $513,474 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$546,169 · 80.2% of expenses

Management and office costs$123,073 · 18.1% of expenses

Fundraising$12,000 · 1.8% of expenses

See all reported dollar amounts

Revenue$167,768

Expenses$681,242

Assets$6,391,362

Income$167,768

Mission work (program services)$546,169

Fundraising$12,000

Grants given$1,662,000

Average grant$277,000

Management and general$123,073

Stocks and bonds$4,041,525

Accounting fees$77,100

Investing fees$32,246

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DANYSON FRAGOSO TAVARESEXECUTIVE DIRECTOR $23,723Base · Other $23,723

BRIAN MCPHERSONEXECUTIVE DIRECTOR (UNTIL 9/2023) $482Base · Other $482

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

DANYSON FRAGOSO TAVARESEXECUTIVE DIRECTOR

BRIAN MCPHERSONEXECUTIVE DIRECTOR (UNTIL 9/2023)

JOHN WOLFFDIRECTOR

TROY DEPEZIADIRECTOR

TRAVIS WATSONDIRECTOR

TOM GOEMAATDIRECTOR

STEVE EUSTISDIRECTOR

SHELLEY WEBSTERDIRECTOR

SHAUN LEONARDDIRECTOR

SCOTT HARRINGTONDIRECTOR

MELVIN VIEIRA JRDIRECTOR

MELINDA GIOVENGODIRECTOR

MATT GROSSHANDLERDIRECTOR

LIEM TRANTREASURER

LEROY BROWNEOUTGOING DIRECTOR

KENNETH WILLISCO-PRESIDENT

AL GOGOLINDIRECTOR

JOHN WILLIAMSINTERIM EXEC. DIR. (UNTIL 03/2024)

JILL LACEY GRIFFINDIRECTOR

JEANINE ARMITSTEADOUTGOING DIRECTOR

FRANK BURTOUTGOING DIRECTOR

ELLEN OCONNORDIRECTOR

EDWARD RANSOMDIRECTOR

DAVID HARRISCLERK

CHARLES BORSTELOUTGOING DIRECTOR

BROOKE WOODSONDIRECTOR

AMENYONAH BOSSMANDIRECTOR

AMANDA FORDECO-PRESIDENT

About this charity

Recognized since: January 1996
Location: 27 CENTRE ST, ROXBURY, MA 02119-1509
County: Suffolk
In care of: % ALGERE GERALD
Primary officer: PETER HUNT, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@ybboston.org Phone(617) 445-8887

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Community Improvement & Capacity Building (S50I)
IRS tax category: Other Management Consulting Services
Grant-giving organization: Yes