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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 Philanthropy, Voluntarism & Grantmaking The East Boston Foundation

The East Boston Foundation

Fiscal year ending 2024. Filed on November 13, 2025.

245 Sumner Street 110
East Boston, Massachusetts 02128

The East Boston Foundation (EIN: 31-1601979) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The East Boston Foundation, a 501(c)(3) charitable organization, reported compensation for 1 out of 1 total employees. Among the employees shown here, the average compensation is $40,000. The highest compensated employee at The East Boston Foundation is Lorene Schettino with fiscal year 2024 compensation of $40,000.

Revenue, expenses, and employee compensation

Revenue

$695,346

Expenses

$688,089

Employee compensation

$43,214
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lorene Schettino
Executive Director
$40,000
$0 $40,000 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Audry Nagle
Director
Christopher Marchi
Director
David Arinella
Treasurer
Fran Carbone
Trustee
Gloribell Mota
Trustee
James Kearney
Trustee
Jeff Drago, Esq
Director
Kannan Thiru
Director
Nina Gaeta Coletta
Director
Thomas Tassinari
Chair

Mission Statement

EAST BOSTON FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES GRANTS FOR CHILD CARE AND EARLY EDUCATION, ELEMENTARY EDUCATION, SECONDARY & HIGH SCHOOL EDUCATION, SUMMER & AFTER SCHOOL PROGRAMS, SENIOR CITIZEN & ADULT EDUCATION & RECREATION, ESL INSTRUCTION, COMMUNITY & CULTURAL EVENTS, SPORTS & RECREATION PROGRAMS, BUSINESS DEVELOPMENT & SEMINARS, CAPITAL IMPROVEMENT & COMMUNITY BEAUTIFICATION, AND MORE TO IMPROVE THE QUALITY OF LIFE FOR THE COMMUNITY OF EAST BOSTON.

Revisions to this organization profile

November 13, 2025:
2024 The East Boston Foundation 990 filed
November 6, 2024:
2023 The East Boston Foundation 990 filed
November 15, 2023:
2022 The East Boston Foundation 990 filed

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