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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 Community Improvement & Capacity Building Boston Impact Initiative Fund

Boston Impact Initiative Fund

Fiscal year ending 2024. Filed on November 10, 2025.

PO Box 300443
Jamaica Plain, Massachusetts 02130

Boston Impact Initiative Fund (EIN: 82-1543658) has filed an IRS Form 990 between fiscal years 2017 and 2024. In its fiscal year 2024 IRS Form 990 filing, Boston Impact Initiative Fund, a 501(c)(3) charitable organization, reported compensation for 4 out of 14 total employees. Among the employees shown here, the average compensation is $160,985. The highest compensated employee at Boston Impact Initiative Fund is Betty Francisco with fiscal year 2024 compensation of $228,838.

Revenue, expenses, and employee compensation

Revenue

$5,409,152

Expenses

$2,777,855

Employee compensation

$1,374,213
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Betty Francisco
Chief Executive Officer
$228,838
$221,880 No related comp$6,958
Henry Noel
Investment Director
$148,979
$144,480 No related comp$4,499
Aliana Pineiro
Impact Director
$144,003
$139,416 No related comp$4,587
Kafilat Lawal
Financial Controller
$122,120
$116,091 No related comp$6,029

Benchmark Employee Compensation

Non-Employee Board Members

Guillermo Quinteros
Director
Juan Leyton
Board Chair
Lisa Owens
Vice Chair
Nia Evans
Director
Rebecca Regan
Treasurer
Rose Felix Cratsley
Secretary

Contractors

Ecratchit
Accounting
$165,647

Mission Statement

FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIESBOSTON IMPACT INITIATIVE (BII) IS A NONPROFIT IMPACT INVESTMENT FUND AND CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). BII PROVIDES SMALL BUSINESSES, COOPERATIVES, COMMUNITY-CONTROLLED REAL ESTATE PROJECTS, AND IMPACT FUND MANAGERS WITH FAIR AND FLEXIBLE CAPITAL, EXPERT ADVISING, AND TRUSTED NETWORKS TO BUILD COMMUNITY OWNERSHIP, SHARED WEALTH, AND ECONOMIC POWER, PARTICULARLY IN COMMUNITIES OF COLOR IN MASSACHUSETTS AND NEW ENGLAND.

Revisions to this organization profile

November 10, 2025:
2024 Boston Impact Initiative Fund 990 filed
November 13, 2024:
2023 Boston Impact Initiative Fund 990 filed
October 4, 2023:
2022 Boston Impact Initiative Fund 990 filed

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