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Organizations Bluehub Loan Fund Inc.

Bluehub Loan Fund Inc.

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

10 Malcolm X Boulevard Ground Floo
Boston, Massachusetts 02119

Bluehub Loan Fund Inc. (EIN: 22-2593378) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2022 IRS Form 990 filing, Bluehub Loan Fund 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 Bluehub Loan Fund Inc. is Elyse Cherry with fiscal year 2022 compensation of $1,007,926. Bluehub Loan Fund Inc. changed its name from Boston Community Loan Fund Inc. in 2018.

Revenue, expenses, and employee compensation

Revenue

$22,068,331

Expenses

$9,735,665

Employee compensation

$3,562,102
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elyse Cherry
CEO and Ex-Officio Board Member
$1,007,926
$159,627 $638,507 $209,792
Dewitt Jones
Executive Vice President and Ex-Officio
$489,255
$0 $352,707 $136,548
Lisa Zappala
Chief Financial Officer
$416,874
$92,114 $214,932 $109,828
Michael Nilles
Interim President, LOAN FUND and Ex-Officio Board
$325,627
$277,073 No related comp$48,554
E Matthew Gautieri
Senior Vice President, Controller
$299,040
$60,954 $182,862 $55,224
Andrew Koh
Senior Vice President, Operations
$279,748
$0 $215,611 $64,137
Kathryn McHugh
Senior Vice President, Commercial Lending
$262,975
$223,889 No related comp$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
$126,776 No related comp$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

Mission Statement

COMMUNITY LENDING

Revisions to this organization profile

November 16, 2025:
2024 Bluehub Loan Fund Inc. 990 filed
November 13, 2024:
2023 Bluehub Loan Fund Inc. 990 filed
November 8, 2023:
2022 Bluehub Loan Fund Inc. 990 filed

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