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BAY Colony Development Corp

Social welfare
Social Welfare / Advocacy · WALTHAM, MA · EIN 04-2738974

About

It is BCDC's 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.

Donations are NOT tax-deductible
Category
Social Welfare / Advocacy
Employees
16
Volunteers
0

Financial Snapshot

FY ending 2024-09-30
Revenue
$5.0M
Expenses
$4.1M
Assets
$5.3M
Liabilities
$722K

Financial history

$5.0M$2.5M$0
1718192021222324
RevenueExpenses
Latest FY2024: $5.0M · Avg: $4.0M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$54K
BAY COLONY DEVELOPMENT CORP
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Address

230 3RD AVE
Waltham, MA, 02451-752

Governance

Voting board members8
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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IRS Tax Exempt Organization Search ↗
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