Nonprofit · EIN 22-3042334
DB HOUSING INC
Tax-exempt · DORCHESTER, MA 02125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,052,142 | $1,195,002 | -$142,860 | $2,950,242 | $2,137,091 | $813,151 |
| December 31, 2023 | 990 | $832,659 | $884,080 | -$51,421 | $1,743,709 | $787,698 | $956,011 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $539,891
- Program service revenue
- $510,684
- Investment income
- $1,195
- Other revenue
- $372
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $15,054
- Accounting fees
- $37,788
- Occupancy
- $64,896
- Depreciation
- $32,606
- Program services (functional)
- $837,323
- Management and general (functional)
- $357,679
Balance sheet and other
- Total assets, start of year
- $1,743,709
- Total assets, end of year
- $2,950,242
- Total liabilities, end of year
- $2,137,091
- Net assets, end of year
- $813,151
- Land, buildings and equipment
- $2,285,193
- Net assets without donor restrictions
- $813,151
- Gross receipts
- $1,052,142
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1979
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY LYLE | CHIEF EXECUTIVE OFFICER Officer | 9.35 | $0 | $240,750 | $43,962 |
| SUSAN CHU | DIRECTOR OF REAL ESTATE DEVELOPMENT Highest-paid employee | 9.35 | $0 | $181,003 | $37,496 |
| SAMARIAH BATTS-SPELLER | DIRECTOR OF PEOPLE & CULTURE Highest-paid employee | 9.35 | $0 | $166,041 | $28,097 |
| WILLIAM RIORDAN | ACCOUNTING MANAGER Highest-paid employee | 9.35 | $0 | $133,700 | $53,122 |
| SHERMAINE THOMPSON | ASSOCIATE DIRECTOR OF ACCOUNTING Highest-paid employee | 9.35 | $0 | $146,589 | $32,610 |
| BRENDA GUERRA SEGURA | CREDIT OFFICER / PORTFOLIO MANAGER Highest-paid employee | 9.35 | $0 | $135,960 | $34,672 |
| SHARAT ANANT SOMASHEKARA | DIRECTOR OF FINANCE Officer | 9.35 | $0 | $122,417 | $26,049 |
| PAUL BLACK | PRESIDENT (UNTIL 4/24) Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| LEIGHTON RICHARDSON | VICE PRES. (UNTIL 4/24)/ PRESIDENT Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| NAJAH WALLACE | VICE PRES. (AS OF 4/24) Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| BRIAN WELCH | TREASURER Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| LORRAINE PAYNE WHEELER | CLERK Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| PHIL HILLMAN | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| MARY WALKER | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| EILEEN KENNER | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROSALYN JOHNSON | BOARD MEMBER Trustee or director | 0.63 | $0 |
| AN DUONG | BOARD MEMBER Trustee or director | 0.63 | $0 |
| RICKY OCHILO | BOARD MEMBER Trustee or director | 0.63 | $0 |
| KRISTEN HALBERT | BOARD MEMBER Trustee or director | 0.63 | $0 |
| ANGELA YARDE | BOARD MEMBER Trustee or director | 0.63 | $0 |
| DAMARIS AMACHREE | BOARD MEMBER Trustee or director | 0.63 | $0 |
| DERRICK BELLINGER | BOARD MEMBER (UNTIL 4/24) Trustee or director | 0.63 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID SIMMONS | DIR.OF FINANCE & ADMIN(UNTIL 9/23) Officer | 9.35 | $0 | $201,634 | $51,289 |
| KIMBERLY LYLE | CHIEF EXECUTIVE OFFICER Officer | 9.35 | $0 | $200,000 | $39,784 |
| PAOLA PELLETIER OZUNA | CHIEF OF STAFF Highest-paid employee | 9.35 | $0 | $145,308 | $44,220 |
| SUSAN CHU | DIRECTOR OF REAL ESTATE Highest-paid employee | 9.35 | $0 | $154,833 | $33,762 |
| SAMARIAH BATTS-SPELLER | DIRECTOR OF PEOPLE & CULTURE Highest-paid employee | 9.35 | $0 | $156,750 | $27,077 |
| WILLIAM RIORDAN | ACCOUNTING MANAGER Highest-paid employee | 9.35 | $0 | $128,100 | $50,000 |
| REGINAULD WILLIAMS | DIRECTOR OF SMALL BUSINESS Highest-paid employee | 9.35 | $0 | $109,322 | $26,487 |
| PAUL BLACK | PRESIDENT Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| LEIGHTON RICHARDSON | VICE PRESIDENT Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| BRIAN WELCH | TREASURER Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| LORRAINE PAYNE WHEELER | CLERK Trustee or director, Officer | 0.63 | $0 | $0 | $0 |
| PHIL HILLMAN | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| MARY WALKER | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| EILEEN KENNER | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| ROSALYN JOHNSON | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| AN DUONG | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| RICKY OCHILO | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| DERRICK BELLINGER | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| KRISTEN HALBERT | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| NAJAH WALLACE | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| JOSE PEREZ | BOARD MEMBER (UNTIL 1/2023) Trustee or director | 0.63 | $0 | $0 | $0 |
| MARIA ANDRADE | BOARD MEMBER Trustee or director | 0.63 | $0 | $0 | $0 |
| DARYL WRIGHT | BOARD MEMBER (UNTIL 12/2023) Trustee or director | 0.63 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 594 COLUMBIA ROAD, DORCHESTER, MA 02125-3436
- Principal officer (990 for 2024)
- KIMBERLY LYLE, 594 COLUMBIA ROAD, DORCHESTER, MA 02125
- Signed the 990
- KIMBERLY LYLE, CEO
- Phone
- (617) 825-4200
- Website
- DBEDC.ORG
- Return prepared by
- AAFCPAS INC
Mission
TO ASSIST IN THE DEVELOPMENT AND REHABILITATION OF LOW INCOME HOUSING IN THE DORCHESTER AREA OF BOSTON.
Program accomplishments
- REAL ESTATE DEVELOPMENT, INCLUDING BUT NOT LIMITED TO PROJECT DEVELOPMENT, ACQUISITION, CONSTRUCTION, AND REDEVELOPMENT IN OUR SERVICE AREA WITH THE GOAL OF REDUCING BLIGHT, IMPROVING THE NEIGHBORHOOD, CREATING AND PRESERVING AFFORDABLE HOUSING AS WELL AS COMMERCIAL SPACE THAT PROVIDES JOBS, SERVICES AND PLACES FOR BUSINESSES TO GROW AND THRIVE AND PREVENTING DISPLACEMENT.Expenses $837,323 · revenue $511,056
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3042334
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,950,242
- Income (IRS master file)
- $1,052,142
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,052,142 | $1,195,002 | $2,950,242 | XML |
| 990 | December 2023 | $832,659 | $884,080 | $1,743,709 | XML |
| 990 | December 2022 | $1,250,030 | $1,100,664 | $1,647,060 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3042334).
Questions about DB HOUSING INC
- What is the EIN of DB HOUSING INC?
- The employer identification number (EIN) of DB HOUSING INC is 22-3042334.
- Is DB HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to DB HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DB HOUSING INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DB HOUSING INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DB HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DB HOUSING INC?
- The 990 for the year ended December 31, 2024 names KIMBERLY LYLE.
- Who are the officers and directors of DB HOUSING INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
- How much revenue does DB HOUSING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,052,142, expenses of $1,195,002 and total assets of $2,950,242 at year end.
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