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Socio Economic Development Foundation Of Boston Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471463736 ✦ Dorchester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Socio Economic Development Foundation Of Boston Inc?

Socio Economic Development Foundation of Boston Inc, situated in Dorchester, Massachusetts, is a nonprofit organization dedicated to fostering economic growth within its local community. Their primary objective is to stimulate and enhance economic development within the community, aiming to improve livelihoods and opportunities for its residents. The foundation's focus remains on promoting community-oriented economic development.

Is Socio Economic Development Foundation Of Boston Inc legitimate?

Socio Economic Development Foundation Of Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Socio Economic Development Foundation Of Boston Inc submitted a form 990EZ, 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.

What is the mission statement of Socio Economic Development Foundation Of Boston Inc?

The Socio Economic Development Foundation of Boston, as an urban organization, is committed to fostering economic growth within its community. Their mission is centered around promoting economic development, aiming to enhance the economic well-being and opportunities within the community they serve. This mission involves driving initiatives that contribute to the community's economic growth and development.

What is the revenue of Socio Economic Development Foundation Of Boston Inc?

Socio Economic Development Foundation Of Boston Inc's revenue in 2021 was $145.

Who are the executives of Socio Economic Development Foundation Of Boston Inc and what are their salaries?

Here are 9 key members and their salaries:


Errol Forde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Debora Goodman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Ward (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sofia Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Prescod (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Olada (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lestrade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ravi Rao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Socio Economic Development Foundation Of Boston Inc?

Socio Economic Development Foundation Of Boston Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Socio Economic Development Foundation Of Boston Inc

The Socio Economic Development Foundation of Boston is an urban development organization that is dedicated to fostering economic growth within its community. With a clear mission in mind, this nonprofit organization strives to promote economic development within the community at large. By focusing on economic development, the foundation aims to contribute to the overall well-being and prosperity of the community it serves.

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Impact




October, 2024

Socio Economic Development Foundation Of Boston Inc plays a crucial role in enhancing the economic landscape of the Dorchester community. By promoting economic development, the organization focuses on improving living conditions, fostering job creation, and empowering residents through various initiatives.

Through its efforts, the foundation works to strengthen local businesses, create opportunities for workforce development, and engage community members in meaningful economic activities. This not only boosts the local economy but also enhances the overall quality of life for residents. By prioritizing community improvement, the foundation helps to build a more resilient and prosperous Dorchester, making it a better place for all who live and work there.




This information is meant to be a general summary of Socio Economic Development Foundation Of Boston Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$145 (2021)
Expenses
$538 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $145

Assets and Liabilities:

  • Total Assets: $100
  • Total Liabilities: $9,010
  • Net Assets: -$8,910

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Organization Details

Principal Officer

Errol Forde

NTEE Category

Code: S30 - Community improvement

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