From public IRS filings

LOCAL ENTERPRISE ASSISTANCE FUND INC

BOSTON, MA · Employment

EIN (Tax ID): 04-2763724Latest Form 990: 2023IRS ruling year: 2020Find their 990 filing →

Mission

NON-PROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION PROVIDING LOW COST FINANCING AND TECHNICAL ASSISTANCE TO WORKER-OWNED COOPERATIVES AND COMMUNITY-OWNED BUSINESSES.

Financials (IRS Form 990)

Total revenue
$5.2M
Total expenses
$4.3M
Total assets
$31.1M
Program expense ratio
7750%

Source: IRS Form 990, tax year 2023.

Who funds LOCAL ENTERPRISE ASSISTANCE FUND INC

$2.1M in foundation grants on record from 5 funders — from IRS 990 grant line items.

FunderTotal givenGrants
Boston Foundation$1.2M6
Opportunity Finance Network$500K1
Blackbaud Giving Fund$200K2
Trinity Health$191K1

Leadership

GERARDO ESPINOZA — EXECUTIVE DIRECTOR (Principal officer)

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