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Boston Local Development Corp
Community Development · Boston, Massachusetts
43 Hawkins Street, Boston, MA 02114-2920
EIN: 042681311· Founded: Feb 1980· 46 years active· Filing Year: 2023
Annual Revenue
$2.0M
Total Expenses
$616K
Total Assets
$7.7M
Program Spending
15%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$131K
21.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$36K
Total Payroll
$167K
27% of total expenses
Where the Money Goes
15%
Programs: 15%
Payroll: 27%
Other overhead: 85%
Program Revenue$91K (5%)
Total Expenses$616K (31%)
Payroll$167K (27%)
Overhead (non-program)85%
Trust Score Breakdown
Program Spending Ratio
15% of expenses go to programs
Revenue & Stability
$2.0M annual revenue
Executive Compensation
$131K total officer comp (21.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$7.7M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.