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Organizations Community Improvement & Capacity Building Dorchester Bay Economic Development Corporation

Dorchester Bay Economic Development Corporation

Fiscal year ending 2017. Filed on November 15, 2018.

594 Columbia Road
Dorchester, Massachusetts 02125

Dorchester Bay Economic Development Corporation (EIN: 04-2681632) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Dorchester Bay Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 29 total employees. Among the employees shown here, the average compensation is $156,350. The highest compensated employee at Dorchester Bay Economic Development Corporation is Perry Newman with fiscal year 2017 compensation of $219,982.

Revenue, expenses, and employee compensation

Revenue

$4,962,969

Expenses

$4,709,461

Employee compensation

$1,734,623
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Perry Newman
Chief Executive Officer
$219,982
$178,295 No related comp$41,687
Andrew Waxman
Real Estate Director
$151,956
$111,847 No related comp$40,109
Charles McVea
Finance Director
$150,383
$128,440 No related comp$21,943
Vincent Pina
Human Resources Director
$133,519
$101,380 No related comp$32,139
James McSherry
Economic Development Director
$125,912
$104,321 No related comp$21,591

Benchmark Employee Compensation

Non-Employee Board Members

Ayoka Drake
Board Member
Brian Welch
Board Member
Christine Green
Board Member
Daryl Wright
Board Member
Derek McCleary
Board Member
Eileen Kenner
Board Member
Elrette Marion
Board Member
Evelyn Darling
Board Member
K Beth O'Donnell
Board Member
Keith Greenaway
Board Member
Leighton Richardson
Vice President
Maria Andrade
Board Member

Contractors

Alexander Aronson Finning & CO
Audit and Accounting
$132,835
Codman Square Ndc
Affordable Housing Planning
$118,493

Mission Statement

DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION ACTS TO BUILD A STRONG, THRIVING, AND DIVERSE COMMUNITY IN BOSTON'S DORCHESTER NEIGHBORHOODS. WORKING CLOSELY WITH NEIGHBORHOODS, RESIDENTS, BUSINESSES AND PARTNERS, WE ACCESS RESOURCES TO:-DEVELOP AND PRESERVE HOME OWNERSHIP AND RENTAL HOUSING ACROSS INCOME LEVELS-CREATE AND SUSTAIN ECONOMIC DEVELOPMENT OPPORTUNITIES FOR BUSINESSES AND INDIVIDUALS-BUILD COMMUNITY THROUGH ORGANIZING, CIVIC ENGAGEMENTS, AND LEADERSHIP DEVELOPMENT.

Revisions to this organization profile

October 24, 2025:
2024 Dorchester Bay Economic Development Corporation 990 filed
November 15, 2024:
2023 Dorchester Bay Economic Development Corporation 990 filed
November 15, 2023:
2022 Dorchester Bay Economic Development Corporation 990 filed

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