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Nonprofit · EIN 90-1249297

BDC COMMUNITY CAPITAL CORP

Tax-exempt · WAKEFIELD, MA 01880

Financials

$969K$934K2023$1.2M$879K2024$967K$668K2025
Revenue Expenses · by fiscal year end
Financials of BDC COMMUNITY CAPITAL CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$967,143$667,656$299,487$12,131,901$10,325,850$1,806,051
December 31, 2024990$1,151,771$879,375$272,396$12,702,973$11,196,409$1,506,564
December 31, 2023990$968,960$934,350$34,610$7,810,171$6,326,003$1,484,168
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$147,500
Program service revenue
$807,435
Investment income
$12,208
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$30,000
Accounting fees
$41,000
Program services (functional)
$584,271
Management and general (functional)
$83,385

Balance sheet and other

Total assets, start of year
$12,702,973
Total assets, end of year
$12,131,901
Total liabilities, end of year
$10,325,850
Net assets, end of year
$1,806,051
Net assets without donor restrictions
$1,739,684
Net assets with donor restrictions
$66,367
Gross receipts
$967,143
Employees
0
Volunteers
8
Year formed
2017
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSE GOMEZDIRECTOR (AS OF 1/15/25)
Trustee or director
1$0
LYNN HARWELLDIRECTOR
Trustee or director
1$0
KEON HOLMESDIRECTOR
Trustee or director
1$0
NYIA NOELDIRECTOR
Trustee or director
1$0
JOSEPH O'GARRODIRECTOR
Trustee or director
1$0
STACY TOWNSENDDIRECTOR
Trustee or director
1$0
KARIM HILLPRESIDENT
Trustee or director, Officer
35$0
PAUL F FLYNN JRBOARD CHAIR
Trustee or director, Officer
1$0
JOHN L HACKETTCFO, TREASURER, & SECRETARY
Officer
5$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
LYNN HARWELLDIRECTOR
Trustee or director
1$0
KEON HOLMESDIRECTOR
Trustee or director
1$0
MELVIN MILLERDIRECTOR (THRU 7/10/24)
Trustee or director
1$0
NYIAH NOELDIRECTOR
Trustee or director
1$0
JOSEPH O'GARRODIRECTOR
Trustee or director
1$0
STACY TOWNSENDDIRECTOR
Trustee or director
1$0
KARIM HILLPRESIDENT
Trustee or director, Officer
35$0
PAUL F FLYNN JRBOARD CHAIR
Trustee or director, Officer
1$0
JOHN L HACKETTCFO, TREASURER, & SECRETARY
Officer
5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
LYNN HARWELLDIRECTOR
Trustee or director
1$0
KEON HOLMESDIRECTOR
Trustee or director
1$0
MELVIN MILLERDIRECTOR
Trustee or director
1$0
NYIAH NOELDIRECTOR
Trustee or director
1$0
JOSEPH O'GARRODIRECTOR
Trustee or director
1$0
STACY TOWNSENDDIRECTOR
Trustee or director
1$0
KARIM HILLPRESIDENT
Trustee or director, Officer
35$0
PAUL F FLYNN JRBOARD CHAIR
Trustee or director, Officer
1$0
JOHN L HACKETTCFO, TREASURER, & SECRETARY
Officer
5$0

Address and contacts

Address (IRS master file)
500 EDGEWATER DR STE 555, WAKEFIELD, MA 01880-6232
In care of
% KENNETH SMITH
Mailing address (990-N for 2018)
500 Edgewater Drive, Wakefield MA 01880
Principal officer (990 for 2025)
KARIM HILL, 500 EDGEWATER DRIVE 555, WAKEFIELD, MA 01880
Principal officer (990-N for 2018)
John L Hackett, 500 Edgewater Drive, Wakefield MA 01880
Signed the 990
KARIM HILL, PRESIDENT
Phone
(781) 928-1100
Return prepared by
RSM US LLP

Mission

PROMOTING COMMUNITY DEVELOPMENT BY PROVIDING ACCESS TO CREDIT, CAPITAL, AND FINANCIAL SERVICES TO MINORITY-OWNED BUSINESSES AND TO BUSINESSES THAT IMPACT LOW TO MODERATE INCOME EMPLOYMENT OPPORTUNITIES THROUGHOUT NEW ENGLAND.

990 for the year ended December 31, 2025

Program accomplishments

  • LOANS MADE TO BUSINESSES IN ECONOMICALLY DISTRESSED COMMUNITIES.
    Expenses $584,271 · revenue $807,435

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-1249297
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,131,901
Income (IRS master file)
$967,143

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$967,143$667,656$12,131,901IRS
990December 2024$1,151,771$879,375$12,702,973XML
990December 2023$968,960$934,350$7,810,171XML
990December 2022$1,094,369$716,561$7,847,018IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2018
Officer: John L Hackett
December 31, 2018≤ $50,000 receipts––e-Postcard

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 90-1249297).

Questions about BDC COMMUNITY CAPITAL CORP

What is the EIN of BDC COMMUNITY CAPITAL CORP?
The employer identification number (EIN) of BDC COMMUNITY CAPITAL CORP is 90-1249297.
Is BDC COMMUNITY CAPITAL CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to BDC COMMUNITY CAPITAL CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BDC COMMUNITY CAPITAL 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 BDC COMMUNITY CAPITAL CORP due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BDC COMMUNITY CAPITAL CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BDC COMMUNITY CAPITAL CORP?
The 990 for the year ended December 31, 2025 names KARIM HILL.
Who are the officers and directors of BDC COMMUNITY CAPITAL CORP?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does BDC COMMUNITY CAPITAL CORP have?
On its 990 for the year ended December 31, 2025 it reported revenue of $967,143, expenses of $667,656 and total assets of $12,131,901 at year end.

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