Overview
What is Bluehub Capital Inc?
Bluehub Capital Inc is a holding company situated in Boston, Massachusetts, with a focus on supporting community-based organizations. The organization offers below-market rate capital for the development of affordable housing and broader lending services that directly or indirectly benefit low-income or disadvantaged communities. In the past, Bluehub Capital served as the developer for all solar energy projects owned and operated by Solar Energy Advantage, Inc., earning developer fees for their services. However, this responsibility has now been shifted to Solar Energy Advantage Inc. directly. Bluehub Capital Inc. employs approximately 50 individuals, working diligently to further its mission.
Official website here: www.bluehubcapital.org
Is Bluehub Capital Inc legitimate?
Bluehub Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bluehub Capital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $322,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,162
For more financial information, click here
What is the mission statement of Bluehub Capital Inc?
Bluehub Capital Inc's mission is centered around providing below-market rate capital to community-based organizations for the development of affordable housing. This mission extends beyond just housing, as the organization also engages in broader community lending that positively impacts low-income or disadvantaged individuals and communities. By doing so, Bluehub Capital Inc aims to contribute to the betterment of these communities, directly or indirectly. The organization serves as an overarching body, managing administration, finance, human resources, and investor relations for its affiliates. In the past, Bluehub Capital Inc acted as a developer for solar energy projects, earning developer fees for its services. However, this responsibility now falls directly to Solar Energy Advantage Inc.
Official website here: www.bluehubcapital.org
Who is the CEO of Bluehub Capital Inc?
Lisa Zappala is the Treasurer Of The Board of Bluehub Capital Inc. The CEO's salary of Bluehub Capital Inc is $119,720 and their total compensation is $1,007,926.
Official website here: www.bluehubcapital.org
What is the revenue of Bluehub Capital Inc?
Who are the executives of Bluehub Capital Inc and what are their salaries?
The average compensation at Bluehub Capital Inc during 2022 was $10,657. There are 50 employees and 9 volunteers at Bluehub Capital Inc.
Here are 19 key members and their salaries (Bluehub Capital Inc's CEO's salary is $119,720 and their total compensation is $1,007,926):
- Elyse Cherry (Ceo & Ex-Officio Board Member) [Trustee/Director]
- Dewitt Jones (Executive Vp & Ex-Officio) [Trustee/Director]
- Lisa Zappala (Cfo)
- Michael Nilles (Interim President, Loan Fund & Ex-Officio) [Trustee/Director]
- E Matthew Gautieri (Svp, Controller)
- Andrew Koh (Svp, Operations)
- Kathryn Mchugh (Svp, Commercial Lending)
- Jaime Escott (Svp, Digital Marketing Opa)
- Lubna Elia (Chief Administrative Officer)
- Michelle Volpe (President, Loan Fund (Until 4/22) & Ex-Officio) [Trustee/Director]
- Sarah C Lincoln (Treasurer Of The Board) [Trustee/Director]
- Reverend James Walsh Sj (Clerk Of The Board) [Trustee/Director]
- Charles Clark (Chairman Of The Board) [Trustee/Director]
- Edward Dugger Iii (Board Member) [Trustee/Director]
- Julie Gould (Board Member) [Trustee/Director]
- Maria Maffei (Board Member) [Trustee/Director]
- Mercedes Tompkins (Board Member) [Trustee/Director]
- Victor R Rivera (Board Member) [Trustee/Director]
- Reese Fayde (Board Member) [Trustee/Director]
Official website here: www.bluehubcapital.org
Where can I find the form 990 for Bluehub Capital Inc?
The Bluehub Capital Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.bluehubcapital.org
Learn more at the official website: www.bluehubcapital.org
Mission Statement of Bluehub Capital Inc
Bluehub Capital Inc, in its mission, provides sub-market rate capital to community-based organizations for the development of affordable housing and broader community lending that directly or indirectly benefits low-income or disadvantaged individuals or communities. This nonprofit organization aims to support the growth and improvement of living conditions for those who are economically disadvantaged or face challenges, ensuring that they have access to affordable housing and community resources. Through its lending activities, Bluehub Capital Inc promotes sustainable community development and fosters an inclusive environment, contributing to the well-being and prosperity of disadvantaged communities.
Impact
This information is meant to be a general summary of Bluehub Capital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Bluehub Capital Inc's impact lies in its provision of below-market rate capital to community-based organizations for the development of affordable housing and broader community lending that directly or indirectly benefits low-income or disadvantaged individuals or communities. By facilitating access to affordable housing and financial resources, Bluehub Capital Inc contributes to the creation of more stable and sustainable communities, addressing challenges faced by those in need. This support helps foster economic empowerment and social equity, making a tangible difference in the lives of individuals and communities facing housing insecurity and financial hardship. Through its mission-driven initiatives, Bluehub Capital Inc helps build a foundation for a more inclusive and equitable society.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE & FEES
Revenue
$1,882,756
Organization Details
Founding Year
1994
Phone
(617) 427-8600
Principal Officer
Lisa Zappala
Main Address
10 MALCOLM X BOULEVARD GROUND FLOO, BOSTON, MA, 02119
Website
www.bluehubcapital.org
NTEE Category
Code: L81 - Housing
If you are a representative of Bluehub Capital Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.