From public IRS filings
BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC
ROXBURY CROSSING, MA · Social Science
Mission
TO ADVANCE THE ECONOMIC WELL-BEING OF BLACK BUSINESSES, ORGANIZATIONS & RESIDENTS IN MA.
Financials (IRS Form 990)
Total revenue
$5.8M
Total expenses
$5.2M
Total assets
$4.2M
Program expense ratio
7313%
Source: IRS Form 990, tax year 2024.
Who funds BLACK ECONOMIC COUNCIL OF MASSACHUSETTS INC
$3.1M in foundation grants on record from 12 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Boston Foundation | $640K | 7 |
| Fidelity Investments Charitable Gift Fund | $362K | 2 |
| Impact Charitable | $108K | 1 |
| Cambridge Community Foundation | $100K | 1 |
| Combined Jewish Philanthropies of Greater Boston | $95K | 4 |
| New Commonwealth Racial Equity and Social Justice Fund | $73K | 2 |
| Donor Advised Charitable Giving | $59K | 2 |
| National Philanthropic Trust | $55K | 1 |
| Environmental League of Massachusetts | $40K | 2 |
| Red Sox Foundation | $33K | 3 |
Leadership
NICOLE OBI — PRESIDENT (Principal officer)
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