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Massachusetts · Nonprofit

EBCDC INC

EBCDC INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $7,083,391 to it, the largest being MEDFORD COMMUNITY CENTER INC ($6,183,391). 0 of them have funded it in more than one year.

Revenue FY2024
$9.1M
Funders on record
3
Grants received
$7.1M
Net assets
$34M
0/3 repeat funderspeak grant-dependency 16%
01What it does

What Ebcdc Inc does

Mission

To assist the creation of affordable housing and economic development that benefits the residents of East Boston.

As stated on its FY2024 Form 990.

Program

  1. Assisted entities in East Boston in developing different projects to increase the stock of low and medium income affordable housing available to the residents of East Boston.

    $4,542,330 spent$5,027,971 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,542,330.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($4.4M) Expenses 100 ($4.2M) Net assets 100 ($12M)2019 Revenue 161 ($7.0M) Expenses 93 ($3.9M) Net assets 193 ($24M)2020 Revenue 131 ($5.7M) Expenses 99 ($4.2M) Net assets 216 ($27M)2021 Revenue 97 ($4.3M) Expenses 125 ($5.3M) Net assets 208 ($26M)2022 Revenue 114 ($5.0M) Expenses 117 ($5.0M) Net assets 217 ($27M)2023 Revenue 155 ($6.8M) Expenses 153 ($6.5M) Net assets 219 ($27M)2024 Revenue 207 ($9.1M) Expenses 154 ($6.5M) Net assets 276 ($34M)
2017201920202021202220232024
Revenue (207)Expenses (154)Net assets (276)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $49M to $58M (+19%).

$30M
$49M
$58M
$58M
$63M
$63M
$70M
2017201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 25% · 2021 13% · 2023 15% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$132k
’17
$3.1M
’19
$1.5M
’20
−$1.0M
’21
$32k
’22
$319k
’23
$2.5M
’24
7.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kempton Flemming

Chairperson

As listed on its FY2024 Form 990.

2017201920202021202220232024
Listed23242323242323
Joined··+1+0+3+0+0
No longer listed··20210
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $800k → $100k.

Funder
'22
'23
'24*
total
funders
1
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of EBCDC INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

EBCDC INC leans on a few funders — its largest provides 87% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EBCDC INC.

87%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of EBCDC INC's grant income comes from Massachusetts funders.

MA

Funder states come from each funder’s own filing. $100k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding EBCDC INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.0M on record.

State$1.0M
Top programs
  • (PP) STATE AID/POL SUB$1.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like EBCDC INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 31%Fundraising 0%

Governance

21
board members
90%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

55%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 24 related entities

  • Condor Harve LLC · disregarded
  • Eb Aop LLC · disregarded
  • Lewis Mall Apartments · exempt
  • Ebecc Library Inc · exempt
  • Cheverus School Apartments Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for EBCDC INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EBCDC INC?
EBCDC INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $7,083,391 to it, the largest being MEDFORD COMMUNITY CENTER INC ($6,183,391). 0 of them have funded it in more than one year.
How many funders does EBCDC INC have?
IRS filings report 3 organizations giving $7,083,391 in grants to EBCDC INC.
Who is the largest funder of EBCDC INC?
MEDFORD COMMUNITY CENTER INC is the largest funder on record, with $6,183,391 in grants. The full list of funders is on this page.
How can an organization like EBCDC INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing