Bay Colony Development Corp.

Fiscal year ending 2017. Filed on May 29, 2018.

230 Third Ave No 1st Fl
Waltham, Massachusetts 02451

Bay Colony Development Corp. (EIN: 04-2738974) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2017 IRS Form 990 filing, Bay Colony Development Corp., a 501(c)(4) civic league or social welfare organization, reported compensation for 11 out of 19 total employees. Among the employees shown here, the average compensation is $149,710. The highest compensated employee at Bay Colony Development Corp. is Erik Adams with fiscal year 2017 compensation of $272,403.

Revenue, expenses, and employee compensation

Revenue

$3,131,043

Expenses

$3,089,844

Employee compensation

$2,045,670

Reported Compensated Employees

Senior Vice President

$252,343 from orgNo related comp$20,060 other

President/Exec. Committee

$201,428 from orgNo related comp$27,561 other

$212,067 from orgNo related comp$434 other

$162,152 from orgNo related comp$5,381 other

$140,849 from orgNo related comp$14,400 other

$132,466 from orgNo related comp$16,540 other

$98,647 from orgNo related comp$27,561 other

$102,792 from orgNo related compNo other comp

$93,522 from orgNo related comp$4,561 other

Danielle Boutin

$84,042 from orgNo related compNo other comp

Colleen Guarnieri

$49,025 from orgNo related comp$975 other

Non-Employee Board Members

George R Berbeco

Chairman/Exec.Committee

$24,000 from orgNo related compNo other comp

Walter E Huskins

Executive Committee Director

$21,500 from orgNo related compNo other comp

Executive Committee Director

$14,000 from orgNo related compNo other comp

Executive Committee Director

$14,000 from orgNo related compNo other comp

Rebecca Dewolfe

$4,000 from orgNo related compNo other comp

Richard Lefferts

$4,000 from orgNo related compNo other comp

$3,000 from orgNo related compNo other comp

$3,000 from orgNo related compNo other comp

Mission Statement

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.

Revisions to this organization profile

February 26, 2025:

2024 Bay Colony Development Corp. 990 filed

March 19, 2024:

2023 Bay Colony Development Corp. 990 filed

February 14, 2023:

2022 Bay Colony Development Corp. 990 filed

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