A BETTER CITY INITIATIVE INC

EIN: 562605048 501(c)(3) Public & Societal Benefit

BOSTON, MA

Total Revenue
$337,900
Total Expenses
$355,062
Total Assets
$319,432
Net Assets
$179,718
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MA
Principal Officer
KATHRYN DINEEN
Phone
6175026240
Tax Period
2024-01-01 to 2024-12-31

A BETTER CITY INITIATIVE INC, founded in 2006, is a small nonprofit in the Public & Societal Benefit sector that reported $338K in total revenue in fiscal year 2024.

Mission

WORKING WITH OUR RELATED ORGANIZATION, A BETTER CITY, INC., WE PROMOTE THE ECONOMIC GROWTH AND ENHANCE THE QUALITY OF LIFE IN THE CITY OF BOSTON, BOSTON METROPOLITAN REGION, AND OTHER URBAN AREAS, BY PARTICIPATING IN THE PLANNING AND IMPLEMENTATION OF TRANSPORTATION, LAND DEVELOPMENT, AND ENVIRONMENTAL PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $244,793

ENERGY & ENVIRONMENT:A BETTER CITY INITIATIVE, INC.(ABCI) CONTINUED TO WORK WITH MEMBER ORGANIZATIONS TO MEET AND EXCEED WITH VARYING CITY AND STATE POLICIES IN THE BUILDING SECTOR AND BEYOND. ABCI...

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ENERGY & ENVIRONMENT:A BETTER CITY INITIATIVE, INC.(ABCI) CONTINUED TO WORK WITH MEMBER ORGANIZATIONS TO MEET AND EXCEED WITH VARYING CITY AND STATE POLICIES IN THE BUILDING SECTOR AND BEYOND. ABCI JOINED WITH PARTNERS TO LAUNCH THE THIRD COHORT OF POWERCORPSBOS BUILDING OPERATOR TRAINEES, AS WELL AS THE INAUGURAL B-COOL TEMPERATURE SENSOR PILOT TO ADDRESS THE SIGNIFICANT DATA GAPS IN MEASURING LIVE TEMPERATURE DATA ACROSS BOSTON'S HOTSPOT NEIGHBORHOODS.

Program 2
Expenses: $100,000 Revenue: $2,500

TRANSPORTATION & INFRASTRUCTURE:A BETTER CITY INITIATIVE, INC.(ABCI) HAS MAINTAINED STRONG RELATIONSHIPS WITH MBTA LEADERSHIP TO IDENTIFY THE SAFETY, SERVICE, AND STAFFING IMPROVEMENTS AS WELL AS...

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TRANSPORTATION & INFRASTRUCTURE:A BETTER CITY INITIATIVE, INC.(ABCI) HAS MAINTAINED STRONG RELATIONSHIPS WITH MBTA LEADERSHIP TO IDENTIFY THE SAFETY, SERVICE, AND STAFFING IMPROVEMENTS AS WELL AS FINANCING SOLUTIONS NEEDED TO GET THE SYSTEM BACK ON TRACK. ABCI'S EFFORTS HAVE PRIORITIZED ENHANCING TRANSIT SERVICE TO TRANSIT-DEPENDENT AND ENVIRONMENTAL JUSTICE COMMUNITIES, REALIZING THE EXPANSION OF LOW-INCOME FARE OPTIONS, AND ADVANCING DECARBONIZATION PROJECTS AND INITIATIVES.

Program 3

LAND USE & DEVELOPMENT:A BETTER CITY INITIATIVE, INC.(ABCI) ACHIEVES ITS GOALS IN PART BY FUNDING CONCEPTUAL URBAN DESIGN PROPOSALS TO ENHANCE THE PUBLIC REALM AND LAND USE AND DEVELOPMENT...

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LAND USE & DEVELOPMENT:A BETTER CITY INITIATIVE, INC.(ABCI) ACHIEVES ITS GOALS IN PART BY FUNDING CONCEPTUAL URBAN DESIGN PROPOSALS TO ENHANCE THE PUBLIC REALM AND LAND USE AND DEVELOPMENT INITIATIVES, INCLUDING GREEN INFRASTRUCTURE PROPOSALS ALONG THE BLUE LINE IN EAST BOSTON.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $335,250
Program Service Revenue $2,500
Investment Income $150
Other Revenue $0
TOTAL REVENUE $337,900

Expense Breakdown

Grants Paid $344,793
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $344,793
Other Expenses $10,269
TOTAL EXPENSES $355,062

Year-over-Year Comparison

2024 2023 Change
Revenue $337,900 $328,465 +0.0%
Expenses $355,062 $326,132 +0.1%
Net Income $-17,162 $2,333 -8.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$334,489
Total Directors
4
$334,489
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN DINEEN PRESIDENT & CEO 1.00
Officer Director
$0 $25,387 $334,489
JAMES TIERNEY CHAIRMAN, DIRECTOR 0.00
Officer Director
$0 $0 $0
JEANNE PINADO TREASURER 0.00
Officer Director
$0 $0 $0
ELIZABETH GROB CLERK, DIRECTOR 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $337,900 $355,062 $319,432 $-17,162
2023 $328,465 $326,132 $285,978 $2,333
2022 $421,161 $347,049 $304,947 $74,112
2021 $99,202 $391,631 $169,877 $-292,429
2020 $425,312 $432,133 $637,125 $-6,821
2019 $180,293 $344,095 $475,159 $-163,802
2018 $172,833 $274,414 $684,524 $-101,581
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