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TO CULTIVATE AND PROMOTE A TRANSPARENT, CREDIBLE, AND BUSINESS-FRIENDLY ENVIRONMENT, THE NBEDC WORKS COLLABORATIVELY WITH LOCAL, STATE, AND FEDERAL PARTNERS TO SUPPORT CREATIVITY, SUSTAINABLE GROWTH, AND PRIVATE SECTOR INVESTMENT BENEFITING THE CITIZENS OF NEW BEDFORD.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$3.6M
Program Spending
94%
of total expenses go to program services
Total Contributions
$3.4M
Total Expenses
▼$3.5M
Total Assets
$5.7M
Total Liabilities
▼$889.3K
Net Assets
$4.9M
Officer Compensation
→$235.3K
Other Salaries
$559.6K
Investment Income
$10.1K
Fundraising
▼N/A
Tax Year 2023 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $1M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
BRISTOL COMMUNITY COLLEGE | FALL RIVER, MA | $34K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
CAPE VERDEAN ASSOCIATION38-3759908 | NEW BEDFORD, MA | $25.7K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
E FOR ALL47-1858182 | LOWELL, MA | $25K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
CO-CREATIVE CENTER INC84-3854582 | NEW BEDFORD, MA | $25K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
JUNIOR ACHIEVEMENT | NEW BEDFORD, MA | $25K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
CARTER'S OF NEW BEDFORD INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
CHASSE INDUSTRIAL SERVICES47-1442782 | ROCHESTER, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
TABLE 8 RESTAURANT INC26-0861533 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
| NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT | |
BAYLINE INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
BOAT JIM DANDY INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
QUALITY CUSTOM PACKING INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
RAY'S PIZZA | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
ALISON WELLS FINE ART STUDIO AND GALLERY | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
REFRIED TEES INC46-2643268 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
STRATEGIC TAX SOLUTIONS84-2729470 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
THE GLASS CONNECTOR46-2643268 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
COLONIAL AIR INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
DANCE XTREME | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
DESTINATION SOUPS94-3450967 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
EXTREME DRYWALL CONTRACTORS INC46-4252071 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
FISHIN ADDICTION - J MURRAY | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
FLOATING STONE WOODWORKS | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
GLASSMAN AUTOMOTIVE LLC20-5993018 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
INI SCREEN PRINTING INC45-3824970 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
KETCHAM SUPPLY CO INC81-4638336 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
KJ DESIGNS83-0588556 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
LA SOUL RENAISSANCE87-1053125 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
MSB HOLDINGS LLC83-0691781 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
NEW BEDFORD SCALE CO INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
P&D AUTO REPAIR INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
P&D MARKET INC | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
PARADISE JEWELRY | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
PEOPLE'S PRESSED81-5032444 | NEW BEDFORD, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
PERFORMANCE VIDEO PRODUCTIONS INC56-2339024 | DARTMOUTH, MA | $20K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
NEW BEDFORD OCEAN CLUSTER87-1778078 | NEW BEDFORD, MA | $18.8K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
UNIVERSITY OF MASSACHUSETTS | AMHERST, MA | $12.5K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
GROUNDWORK CREATIVE SPACE LLC47-1480281 | NEW BEDFORD, MA | $12.5K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
AGILE HEALTH AND FITNESS87-2651983 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
ALDER & ALDER93-4225734 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
ARTEMIS CYCLERY LLC93-4476570 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
AVIARY BOOKS92-3799644 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
BANNER AND BONE LLC88-3437097 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
CARA BEAN COMICS | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
DOGWOOD HOSPITALITY87-4532929 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
INNOVATIVE CLOUD ACCOUNTING87-1997058 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
INSPIRE YOGA93-3039864 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
K&A CREATIONS87-1418393 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
| NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT | |
MB AUTO SERVICE88-2811262 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
NEXT GENERATION92-1179365 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
OCEAN SPRAY SEAFOOD INC86-1572587 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
OFISH APPAREL85-0993790 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
| NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT | |
PINNACLE AUTO SALES LLC37-2101900 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
PJ'S FINE FOODS LLC88-3341910 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
REDTIP LLC88-1286311 | FALL RIVER, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
SANGHA NEW BEDFORD LLC84-4515676 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
TO DO LIST HOME REPAIRS87-4296403 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
YOGA ES VIDA59-8408664 | NEW BEDFORD, MA | $10K | Cash | ECONOMIC DEVELOPMENT SUPPORT |
IMMIGRANTS' ASSISTANCE CENTER INC | NEW BEDFORD, MA | $7,500 | Cash | ECONOMIC DEVELOPMENT SUPPORT |
MAMAS AND BABYSITTERS LLC84-4851003 | WESTPORT, MA | $6,200 | Cash | ECONOMIC DEVELOPMENT SUPPORT |
SECRET CITY MUSIC GROUP - J JONES87-2666631 | NEW BEDFORD, MA | $5,900 | Cash | ECONOMIC DEVELOPMENT SUPPORT |
| Total | $1M | |||
BRISTOL COMMUNITY COLLEGE
FALL RIVER, MA
$34K
NEW BEDFORD, MA
$25.7K
LOWELL, MA
$25K
NEW BEDFORD, MA
$25K
JUNIOR ACHIEVEMENT
NEW BEDFORD, MA
$25K
CARTER'S OF NEW BEDFORD INC
NEW BEDFORD, MA
$20K
ROCHESTER, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
BAYLINE INC
NEW BEDFORD, MA
$20K
BOAT JIM DANDY INC
NEW BEDFORD, MA
$20K
QUALITY CUSTOM PACKING INC
NEW BEDFORD, MA
$20K
RAY'S PIZZA
NEW BEDFORD, MA
$20K
ALISON WELLS FINE ART STUDIO AND GALLERY
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
COLONIAL AIR INC
NEW BEDFORD, MA
$20K
DANCE XTREME
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
FISHIN ADDICTION - J MURRAY
NEW BEDFORD, MA
$20K
FLOATING STONE WOODWORKS
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
NEW BEDFORD SCALE CO INC
NEW BEDFORD, MA
$20K
P&D AUTO REPAIR INC
NEW BEDFORD, MA
$20K
P&D MARKET INC
NEW BEDFORD, MA
$20K
PARADISE JEWELRY
NEW BEDFORD, MA
$20K
NEW BEDFORD, MA
$20K
DARTMOUTH, MA
$20K
NEW BEDFORD, MA
$18.8K
UNIVERSITY OF MASSACHUSETTS
AMHERST, MA
$12.5K
NEW BEDFORD, MA
$12.5K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
CARA BEAN COMICS
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
FALL RIVER, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
NEW BEDFORD, MA
$10K
IMMIGRANTS' ASSISTANCE CENTER INC
NEW BEDFORD, MA
$7,500
WESTPORT, MA
$6,200
NEW BEDFORD, MA
$5,900
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$4.8M
Awards Found
19
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | CARES ACT RLF | $2.1M | — | — – Jun 2022 |
| Small Business Administration | AWARD TYPE: PROJECT GRANT; ACTIVITIES TO BE PERFORMED: PROVIDE HIGH QUALITY SUPPORT AND TECHNICAL ASSISTANCE WITH PANDEMIC RELIEF PROGRAMS AND RECOVERY SERVICES TO SMALL BUSINESSES.; DELIVERABLES: GRANTEES WILL PROVIDE REPORTS ON ACTIVITIES AND PROGRESS TOWARD STATED GOALS TO SBA ON A QUARTERLY BASIS.; EXPECTED OUTCOMES: INCREASE AWARENESS OF AND PARTICIPATION IN PROGRAMS OF THE U.S SMALL BUSINESS ADMINISTRATION AND OTHER GOVERNMENT AGENCIES.; INTENDED BENEFICIARIES: SMALL BUSINESSES AND ENTREPRENEURS THAT FALL INTO A HISTORICALLY UNDERSERVED CATEGORY, INCLUDING MINORITY ENTREPRENEURS (BLACK, INDIGENOUS, AND PEOPLE OF COLOR), ENTREPRENEURS WITH DISABILITIES, LGBTQ ENTREPRENEURS, RURAL ENTREPRENEURS; VETERANS AND MILITARY ENTREPRENEURS (INCLUDING SPOUSES), WOMEN ENTREPRENEURS, INNOVATIVE STARTUPS, MICRO BUSINESSES, AND SOCIALLY AND ECONOMICALLY DISADVANTAGED SMALL BUSINESSES; SUBRECIPIENT ACTIVITIES: GRANTEES (HUBS) AND THEIR CONTRACTORS (SPOKES) WILL PROVIDE HIGH QUALITY SUPPORT AND TECHNICAL ASSISTANCE WITH PANDEMIC RELIEF PROGRAMS AND RECOVERY SERVICES TO SMALL BUSINESSES. THIS SUPPORT TAKES THE FORM OF 1:1 COUNSELING AND GROUP TRAININGS. | $1M | FY2022 | Dec 2021 – Nov 2023 |
| Department of Commerce | PLAN-WORKING WATERFRONT | $200K | FY2014 | Apr 2014 – Oct 2015 |
| Small Business Administration | NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL, MA THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $163.7K | FY2021 | Jul 2021 – Jun 2022 |
| Small Business Administration | MICROLOAN PROGRAM, 2022-2023 TECHNICAL ASSISTANCE | $145.3K | FY2022 | Jul 2022 – Jun 2023 |
| Small Business Administration | MICROLOAN PROGRAM TECHNICAL ASSISTANCE | $110.8K | FY2018 | Jul 2018 – Jun 2019 |
| Small Business Administration | THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $107.3K | FY2023 | Jul 2023 – Jun 2024 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $105.5K | FY2013 | Jul 2013 – Jun 2014 |
| Small Business Administration | MICROLOAN PROGRAM - TECHNICAL ASSISTANCE GRANT | $99K | FY2017 | Jul 2017 – Jun 2018 |
| Small Business Administration | MICROLOAN | $90.6K | FY2014 | Jul 2014 – Jun 2015 |
| Small Business Administration | PRIME | $90.6K | FY2014 | Sep 2014 – Sep 2015 |
| Small Business Administration | MICROLOAN - NEW BEDFORD ECON. DEV. COUNCIL, INC. - MA FOR TRAINING AND TECHNICAL ASSISTANCE. | $89.6K | FY2019 | Jul 2019 – Jun 2020 |
| Small Business Administration | MICROLOAN | $78.6K | FY2015 | Aug 2015 – Jun 2016 |
| Small Business Administration | NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL, INC. TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDI | $75.1K | FY2025 | Jul 2025 – Jun 2026 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $75K | FY2011 | Jul 2011 – Jun 2012 |
| Small Business Administration | THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $70.9K | FY2020 | Aug 2020 – Jun 2021 |
| National Endowment for the Arts | PURPOSE: TO SUPPORT COMPETITIVE GRANT PROGRAMS FOR INDIVIDUAL ARTISTS AND NONPROFIT ORGANIZATIONS.  | $70K | FY2025 | Jan 2025 – Jun 2026 |
| Small Business Administration | NEW BEDFORD ECONOMIC DEV COUNCIL INCL - MA | $58K | FY2024 | Jul 2024 – Jun 2025 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $46.3K | FY2012 | Jul 2012 – Jun 2013 |
Department of Commerce
$2.1M
CARES ACT RLF
Small Business Administration
$1M
AWARD TYPE: PROJECT GRANT; ACTIVITIES TO BE PERFORMED: PROVIDE HIGH QUALITY SUPPORT AND TECHNICAL ASSISTANCE WITH PANDEMIC RELIEF PROGRAMS AND RECOVERY SERVICES TO SMALL BUSINESSES.; DELIVERABLES: GRANTEES WILL PROVIDE REPORTS ON ACTIVITIES AND PROGRESS TOWARD STATED GOALS TO SBA ON A QUARTERLY BASIS.; EXPECTED OUTCOMES: INCREASE AWARENESS OF AND PARTICIPATION IN PROGRAMS OF THE U.S SMALL BUSINESS ADMINISTRATION AND OTHER GOVERNMENT AGENCIES.; INTENDED BENEFICIARIES: SMALL BUSINESSES AND ENTREPRENEURS THAT FALL INTO A HISTORICALLY UNDERSERVED CATEGORY, INCLUDING MINORITY ENTREPRENEURS (BLACK, INDIGENOUS, AND PEOPLE OF COLOR), ENTREPRENEURS WITH DISABILITIES, LGBTQ ENTREPRENEURS, RURAL ENTREPRENEURS; VETERANS AND MILITARY ENTREPRENEURS (INCLUDING SPOUSES), WOMEN ENTREPRENEURS, INNOVATIVE STARTUPS, MICRO BUSINESSES, AND SOCIALLY AND ECONOMICALLY DISADVANTAGED SMALL BUSINESSES; SUBRECIPIENT ACTIVITIES: GRANTEES (HUBS) AND THEIR CONTRACTORS (SPOKES) WILL PROVIDE HIGH QUALITY SUPPORT AND TECHNICAL ASSISTANCE WITH PANDEMIC RELIEF PROGRAMS AND RECOVERY SERVICES TO SMALL BUSINESSES. THIS SUPPORT TAKES THE FORM OF 1:1 COUNSELING AND GROUP TRAININGS.
Department of Commerce
$200K
PLAN-WORKING WATERFRONT
Small Business Administration
$163.7K
NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL, MA THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$145.3K
MICROLOAN PROGRAM, 2022-2023 TECHNICAL ASSISTANCE
Small Business Administration
$110.8K
MICROLOAN PROGRAM TECHNICAL ASSISTANCE
Small Business Administration
$107.3K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$105.5K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$99K
MICROLOAN PROGRAM - TECHNICAL ASSISTANCE GRANT
Small Business Administration
$90.6K
MICROLOAN
Small Business Administration
$90.6K
PRIME
Small Business Administration
$89.6K
MICROLOAN - NEW BEDFORD ECON. DEV. COUNCIL, INC. - MA FOR TRAINING AND TECHNICAL ASSISTANCE.
Small Business Administration
$78.6K
MICROLOAN
Small Business Administration
$75.1K
NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL, INC. TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDI
Small Business Administration
$75K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$70.9K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
National Endowment for the Arts
$70K
PURPOSE: TO SUPPORT COMPETITIVE GRANT PROGRAMS FOR INDIVIDUAL ARTISTS AND NONPROFIT ORGANIZATIONS. 
Small Business Administration
$58K
NEW BEDFORD ECONOMIC DEV COUNCIL INCL - MA
Small Business Administration
$46.3K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $3.6M | $3.4M | $3.5M | $5.7M | $4.9M |
| 2022IRS e-File | $3.4M | $3.1M | $4.3M | $5.6M | $4.1M |
| 2021 | $2.4M | $2.2M | $1.8M | $5M | $4.2M |
| 2020 | $1.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Derek Santos | Executive Director | 40 | $170.1K | $0 | $28.1K | $198.3K |
| Carol Pimentel | Clerk | 1 | $0 | $0 | $0 | $0 |
| David Slutz | Treasurer | 2.5 | $0 | $0 | $0 | $0 |
| Elizabeth Isherwood | Vice President | 1.5 | $0 | $0 | $0 | $0 |
| Anthony R Sapienza | President | 3 | $0 | $0 | $0 | $0 |
Derek Santos
Executive Director
$198.3K
Hrs/Wk
40
Compensation
$170.1K
Related Orgs
$0
Other
$28.1K
Carol Pimentel
Clerk
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
David Slutz
Treasurer
$0
Hrs/Wk
2.5
Compensation
$0
Related Orgs
$0
Other
$0
Elizabeth Isherwood
Vice President
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0
Anthony R Sapienza
President
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Ramon D Silva | Senior Lending Officer | 40 | $144.4K | $0 | $25.1K | $169.5K |
| Deborah A Trombly | Accountant | 40 | $120.9K | $0 | $5,679 | $126.6K |
Ramon D Silva
Senior Lending Officer
$169.5K
Hrs/Wk
40
Compensation
$144.4K
Related Orgs
$0
Other
$25.1K
Deborah A Trombly
Accountant
$126.6K
Hrs/Wk
40
Compensation
$120.9K
Related Orgs
$0
Other
$5,679
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| David Mccready | Director | 1.5 | $0 | $0 | $0 | $0 |
| Dr Rayford Kruger | Director (until 10/2023) | 1.5 | $0 | $0 | $0 | $0 |
| Helena Dasilva Hughes | Director | 1.5 | $0 | $0 | $0 | $0 |
| Laura Douglas | Director | 1.5 | $0 | $0 | $0 | $0 |
| Melanie Edwards-Tavares | Director | 1.5 | $0 | $0 | $0 | $0 |
| Roland Giroux | Director |
David Mccready
Director
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0
Dr Rayford Kruger
Director (until 10/2023)
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0
Helena Dasilva Hughes
Director
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0
| $1M |
| $1.3M |
| $4.4M |
| $3.5M |
| 2019 | $1.2M | $888K | $1.2M | $4.4M | $3.5M |
| 2018 | $1.2M | $851.9K | $1.2M | $4.5M | $3.5M |
| 2017 | $999.5K | $660.6K | $990.3K | $4.6M | $3.5M |
| 2016 | $1.5M | $1.1M | $1.5M | $5.2M | $3.5M |
| 2015 | $1.8M | $1.5M | $1.8M | $5.3M | $3.4M |
| 2014 | $1.4M | $914.2K | $1.4M | $5.4M | $3.4M |
| 2013 | $1.2M | $718.5K | $1.2M | $5.9M | $3.4M |
| 2012 | $1M | $519.9K | $1.2M | $5.7M | $3.4M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 1.5 |
| $0 |
| $0 |
| $0 |
| $0 |
Laura Douglas
Director
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0
Melanie Edwards-Tavares
Director
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0
Roland Giroux
Director
$0
Hrs/Wk
1.5
Compensation
$0
Related Orgs
$0
Other
$0