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Nonprofit · EIN 45-3587147

FERDINAND BUILDING DEVELOPMENT CORP

Tax-exempt · BOSTON, MA 02201

Financials

$163K$96K2022$234K$2K2023$236K$8K2024
Revenue Expenses · by fiscal year end
Financials of FERDINAND BUILDING DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$235,545$8,265$227,280$2,784,744$179,225$2,605,519
June 30, 2024990$233,859$1,745$232,114$2,557,464$179,225$2,378,239
June 30, 2023990$163,102$96,452$66,650$2,549,642$403,517$2,146,125
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$235,545
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$8,265

Balance sheet and other

Total assets, start of year
$2,557,464
Total assets, end of year
$2,784,744
Total liabilities, end of year
$179,225
Net assets, end of year
$2,605,519
Net assets without donor restrictions
$2,605,519
Gross receipts
$235,545
Employees
0
Volunteers
3
Year formed
2011
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DION IRISHTREASURER/CHIEF OF OPERATIONS
Trustee or director, Officer
1$0$173,067$25,327
ASHLEY GROFFENBERGERPRESIDENT/CFO, COLLECTOR-TREAS
Trustee or director, Officer
1$0$169,553$25,327
SEGUN IDOWUCLERK
Trustee or director, Officer
1$0$161,106$10,549
JERICA BRADLEY1ST ASST. COLLECTOR-TREASURER
Officer
1$0$138,940$8,654
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ASHLEY GROFFENBERGERPRESIDENT/CFO, COLLECTOR-TREAS
Trustee or director, Officer
1$0$168,099$27,099
DION IRISHTREASURER/CHIEF OF OPERATIONS
Trustee or director, Officer
1$0$163,754$30,741
SEGUN IDOWUSECRETARY/CHEIF OF ECONOMIC OP
Trustee or director, Officer
1$0$154,436$11,595
JERICA BRADLEY1ST ASST. COLLECTOR-TREASURER
Officer
1$0$122,875$9,623
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DION IRISHCHIEF OF OPERATIONS
Trustee or director, Officer
1$0$147,947$29,652
SEGUN IDOWUCHIEF OF ECONOMIC OPPORTUNITY & INCLUSION/CLERK
Trustee or director, Officer
1$0$140,337$9,930
BRIANNA MILLORCHIEF OF COMMUNITY ENGAGEMENT
Highest-paid employee
1$0$135,087$11,188
ASHLEY GROFFENBERGERCFO
Trustee or director, Officer
1$0$57,972$3,530

Address and contacts

Address (IRS master file)
1 CITY HALL SQUARE SUITE M-5, BOSTON, MA 02201-1020
In care of
% SHANDELL HUGHES TREASURY DE
Principal officer (990 for 2024)
JERICA BRADLEY, 1 CITY HALL SQUARE M-5, Boston, MA 02201
Signed the 990
JERICA BRADLEY, 1ST ASST. COLL/TREAS
Phone
(617) 635-4140
Return prepared by
WITHUMSMITHBROWNPC

Mission

TO STIMULATE NEW ECONOMIC DEVELOPMENT IN ONE OF BOSTON'S MOST UNDERDEVELOPED NEIGHBORHOODS, AS WELL AS TO LOCATE A NEW BOSTON PUBLIC SCHOOLS ("BPS") HEADQUARTERS IN THE DEMOGRAPHIC CENTER OF BOSTON'S SCHOOL POPULATION. THE MOST SIGNIFICANT ACTIVITIES HAVE BEEN TO ACQUIRE THE SITE, FINANCE, CONSTRUCT AND LEASE A 215,000 SQUARE FOOT BUILDING IN DUDLEY SQUARE IN BOSTON, MA, TO BE LEASED TO THE CITY OF BOSTON AND OCCUPIED BY BPS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO STIMULATE NEW ECONOMIC DEVELOPMENT IN ONE OF BOSTON'S MOST UNDERDEVELOPED NEIGHBORHOODS, AS WELL AS TO LOCATE A NEW BOSTON PUBLIC SCHOOLS ("BPS") HEADQUARTERS IN THE DEMOGRAPHIC CENTER OF BOSTON'S SCHOOL POPULATION. THE MOST SIGNIFICANT ACTIVITIES HAVE BEEN TO ACQUIRE THE SITE, FINANCE, CONSTRUCT AND LEASE A 215,000 SQUARE FOOT BUILDING IN DUDLEY SQUARE IN BOSTON, MA, TO BE LEASED TO THE CITY OF BOSTON AND OCCUPIED BY BPS.
    Expenses $8,265 · revenue $235,545

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-3587147
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B119)
Assets (IRS master file)
$2,784,744
Income (IRS master file)
$235,545

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$235,545$8,265$2,784,744XML
990June 2024$233,859$1,745$2,557,464XML
990June 2023$163,102$96,452$2,549,642XML
990June 2022$172,078$268,528$2,379,079IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 45-3587147).

Questions about FERDINAND BUILDING DEVELOPMENT CORP

What is the EIN of FERDINAND BUILDING DEVELOPMENT CORP?
The employer identification number (EIN) of FERDINAND BUILDING DEVELOPMENT CORP is 45-3587147.
Is FERDINAND BUILDING DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to FERDINAND BUILDING DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does FERDINAND BUILDING DEVELOPMENT CORP 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 FERDINAND BUILDING DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FERDINAND BUILDING DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FERDINAND BUILDING DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 names JERICA BRADLEY.
Who are the officers and directors of FERDINAND BUILDING DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does FERDINAND BUILDING DEVELOPMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $235,545, expenses of $8,265 and total assets of $2,784,744 at year end.

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