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Bay Colony Development Corp at a glance

· Public charity

Bay Colony Development Corp

It is bcdc's mission to be the lender of choice for small businesses, by investing resources; both monetarily and professionally, that offer creative financing solutions to provide positive economic impact within the communities we serve.

$31k
Granted FY2025still arriving
5
Grants FY2025still arriving
4
States reached
$10k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Community Improvement$226kHuman Services$10k
02FY2025 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 5 grants below total $30,000, the rows itemized in this filing. The $31,000 headline is the total grant expense on the return; the other $1,000 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k4 grants · $20k
  • $10k–50k1 grant · $10k
$5,000
Median grant
4
States reached
$6.0M
Total assets
Largest grants
RecipientAmount
NEWVUE$10,000
VT COMMUNITY LOAN FUND$5,000
NH COMMUNITY LOAN FUND$5,000
CENTER FOR WOMEN & ENTERPRISES INC$5,000
COMMUNITY DEVELOPMENT PARTNERSHIP$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY21–24, $23k) land where the poverty rate runs at 11%, against an area that typically sits at 7%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 7%COMMUNITY TEAMWORKS ENTREPRENEUR CENTER: $5k → 8%IMMIGRANT'S ASSISTANCE CENTER: $5k → 11%IMMIGRANT'S ASSISTANCE CENTER: $5k → 11%IMMIGRANT'S ASSISTANCE CENTER: $5k → 11%IMMIGRANT'S ASSISTANCE CENTER: $3k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

84%of every dollar goes to organizations it has funded before.
$198k · 7 repeat orgs$38k to everyone else

7 repeat relationships: 5 still active in FY2025, 2 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

7
5

Total granted

$198k
$38k

Median revenue growth · since first grant

+17%
+19%

Still filing today

100%
60%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
Housing & ShelterCommunity ImprovementHuman ServicesEmploymentArts & CultureOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • NEWVUE COMMUNITIES INC
    8× · 2018–2025 · $73k · revenue +74%
  • NH
    NEW HAMPSHIRE COMMUNITY LOAN FUND INC
    9× · 2017–2025 · $33k · revenue +592%
  • CENTER FOR WOMEN & ENTERPRISE INC
    7× · 2017–2025 · $30k · revenue +43%

Funded once

  • TN
    The New England Center for Children
    one grant, 2017 · $26k
  • FC
    FRANKLIN COUNTY COMMUNITY DEVELOPMENT CORPORATION
    one grant, 2024 · $5k · revenue -2%
  • Community Teamwork Inc
    one grant, 2024 · $5k · revenue +19%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Community Capital of Vermont

To help small businesses and lower income entrepreneurs prosper through the provision of flexible business financing.

Community Improvement
2
Massachusetts Housing Investment Corporation

Mhic's mission is to be an innovative private financier of afforable housing and community development throughout new england, providing financing that would not otherwise be available, and extending the impact of that financing to ensure…

Housing & Shelter
3
Virginia Community Development Corp

VCDC delivers vital financial resources and support while collaborating with local organizations dedicated to social impact, ensuring the creation of affordable homes in vibrant neighborhoods where everyone can thrive.

Housing & Shelter
4
Community Capital New York Inc

Community capital is a nonprofit lender that has revitalized communities and transformed lives in the mid-hudson valley, bronx and fairfield county, ct for 36 years. our mission is to foster economic opportunity for underserved individuals…

Housing & Shelter
5
Addison County Economic Development Corporation

To create an entrepreneurial and innovative environment, nurturing business to launch, grow, and thrive.

—
6
Massachusetts Fair Housing Center Inc

Mfhc is committed to ending systemic housing discrimination and creating inclusive communities through education, outreach, advocacy, housing counseling and enforcement.

Housing & Shelter
7
Community Loan Fund of the Capital Region Inc

Community development financial institution that links socially concerned investors with community needs by making affordable housing, community and economic development loans to nonprofit orgs, small businesses and low/moderate income…

Housing & Shelter
8
Center for an Agricultural Economy Inc

The center for an agricultural economy supports rural communities and working landscapes by building a more interconnected local food system.

Environment
9
Housing Assistance Corporation

Hac's mission is to promote and implement the right of all people on cape cod and the islands to occupy safe and affordable housing. to achieve this goal, hac has concentrated its major programs around rental subsidies, shelter services,…

Housing & Shelter
10
North Central Massachusetts Development Corporation

To expand economic development in north central massachusetts by providing a variety of marketing and lending opportunities to small businesses in cooperation with various federal and state agencies.

—
11
Newvue Affordable Housing Corporation

Newvue affordable housing corporation is a nonprofit organization that develops and provides affordable housing to low and moderate income households in north central massachusetts.

—
12
Bdc Community Capital Corporation

Promoting community development by providing access to credit, capital, and financial services to minority-owned businesses and to businesses that impact low to moderate income employment opportunities throughout new england.

Community Improvement
How this is measured
The grantee most central to the portfolio’s shape is Newvue Communities Inc; the most unlike its peers is New Hampshire Community Loan Fund Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

10 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 12 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
10/10
Grantees still filing
6/10
Grew since first funded

Where the money sits, by cause and then by grantee

NEWVUE COMMUNITIES INC: $72,500 · Housing & ShelterNEWVUE COMMUNITIES INCVERMONT COMMUNITY LOAN FUND: $26,000 · Housing & ShelterVERMONT COMMUNITY LOAN FUNDLOWER CAPE COD COMMUNITY DEVELOP- MENT CORPORATION: $10,000 · Housing & ShelterLOWER CAPE COD COMMUNITY DEVELOP- MENT CORPORATIONNEW HAMPSHIRE COMMUNITY LOAN FUND INC: $32,500 · OtherNEW HAMPSHIRE COMMUNITY LOAN…The New England Center for Children: $26,000 · OtherThe New England Center for C…+1 more: $200 · OtherCENTER FOR WOMEN & ENTERPRISE INC: $29,500 · EmploymentCENTER FOR WOM…IMMIGRANTS' ASSISTANCE CENTER INC: $17,500 · Human ServicesIMMIGRANTS…Community Teamwork Inc: $5,000 · Human ServicesCommunity …HEDCO INC: $10,000 · Community ImprovementFRANKLIN COUNTY COMMUNITY DEVELOPMENT CORPORATION: $5,000 · Community ImprovementPROVIDENCE REVOLVING FUND: $2,000 · Arts & Culture
Housing & Shelter$108,500Other$58,700Employment$29,500Human Services$22,500Community Improvement$15,000Arts & Culture$2,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetNEWVUE COMMUNITIES INC: $72,500 over 8y, 0.5% of budgetNEW HAMPSHIRE COMMUNITY LOAN FUND INC: $32,500 over 9y, 0.1% of budgetCENTER FOR WOMEN & ENTERPRISE INC: $29,500 over 7y, 0.2% of budgetVERMONT COMMUNITY LOAN FUND: $26,000 over 8y, 0.1% of budgetIMMIGRANTS' ASSISTANCE CENTER INC: $17,500 over 4y, 0.5% of budgetHEDCO INC: $10,000 over 2y, 0.1% of budgetLOWER CAPE COD COMMUNITY DEVELOP- MENT CORPORATION: $10,000 over 2y, 0.1% of budgetFRANKLIN COUNTY COMMUNITY DEVELOPMENT CORPORATION: $5,000 over 1y, 0.1% of budgetCommunity Teamwork Inc: $5,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Td Charitable Foundat…Peoples United Commun…Eastern Bank Foundati…Health Resources in A…United Way Of Massach…The Blackbaud Giving …Local Initiatives Sup…The Bank of America C…National Philanthropi…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Td Charitable FoundationME21× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Td Charitable Foundation · Peoples United Community Foundation · Eastern Bank Foundation · Health Resources in Action Inc · United Way Of Massachusetts Bay Inc · The Blackbaud Giving Fund · Local Initiatives Support Corporation · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Bay Colony Development Corp funds: left to right is the share of its income from government, bottom to top the share from Bay Colony Development Corp. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 23%
  • Hedco Inc: 100% of income from government
  • Newvue Communities Inc: 40% of income from government
  • Center for Women & Enterprise Inc: 27% of income from government
  • Community Teamwork Inc: 23% of income from government
  • Franklin County Community Development Corporation: 22% of income from government
  • Immigrants' Assistance Center Inc: 14% of income from government
  • Vermont Community Loan Fund: 14% of income from government
  • Lower Cape Cod Community Develop- Ment Corporation: 1% of income from government
no gov moneyreceives it· size = income
0get no government money at all
1rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Bay Colony Development Corp?

Find your warmest path to Bay Colony Development Corp through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 12 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home