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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Bclf Ventures Inc.

Bclf Ventures Inc.

Fiscal year ending 2022. Filed on November 8, 2023.

10 Malcolm X Boulevard
Boston, Massachusetts 02119

Bclf Ventures Inc. (EIN: 04-3246552) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Bclf Ventures Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 50 total employees. Among the employees shown here, the average compensation is $381,664. The highest compensated employee at Bclf Ventures Inc. is Elyse Cherry with fiscal year 2022 compensation of $1,007,926.

Revenue, expenses, and employee compensation

Revenue

$7,927,140

Expenses

$5,502,240

Employee compensation

$1,686,434
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elyse Cherry
CEO and Ex-Officio Board Member
$1,007,926
$319,254 $478,880 $209,792
Dewitt Jones
Executive Vice President and Ex-Officio
$489,255
$0 $352,707 $136,548
Lisa Zappala
Chief Financial Officer
$416,874
$61,409 $245,637 $109,828
Michael Nilles
Interim President, LOAN FUND and Ex-Officio Board ME
$325,627
$0 $277,073 $48,554
E Matthew Gautieri
Senior Vice President, Controller
$299,040
$36,573 $207,243 $55,224
Andrew Koh
Senior Vice President, Operations
$279,748
$0 $215,611 $64,137
Kathryn McHugh
Senior Vice President, Commercial Lending
$262,975
$0 $223,889 $39,086
Jaime Escott
Senior Vice President, Digital Marketing, OPA
$253,913
$0 $238,710 $15,203
Lubna Elia
Chief Administrative Officer
$248,066
$0 $231,098 $16,968
Michelle Volpe
President, LOAN FUND (Until 4/22) and Ex-Officio BOA
$233,216
$0 $126,776 $106,440

Benchmark Employee Compensation

Non-Employee Board Members

Charles Clark
Board Chair
Edward Dugger III
Board Member
Julie Gould
Board Member
Maria Maffei
Board Member
Mercedes Tompkins
Board Member
Reese Fayde
Board Member
Rev James Walsh Sj
Clerk of the Board
Sarah C Lincoln
Board Treasurer
Victor R Rivera
Board Member

Contractors

Dovenmuehle Mortgage Inc.
Mortgage Loan Servicing
$105,725

Mission Statement

COMMUNITY VENTURE CAPITAL

Revisions to this organization profile

November 16, 2025:
2024 Bclf Ventures Inc. 990 filed
November 12, 2024:
2023 Bclf Ventures Inc. 990 filed
November 8, 2023:
2022 Bclf Ventures Inc. 990 filed

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