GBFB REALTY CORPORATION

BOSTON, MA | Suffolk County
Community Services

Overview

GBFB REALTY CORPORATION
26-2739194
70 S BAY AVE
BOSTON, MA 02118
Suffolk County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
K31

K - Agriculture, Food, Nutrition

Food Banks & Pantries

Organizations that gather, store and distribute food to indigents at no charge or at low cost.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624210
Community Food Services

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$3.4K
Revenue
$3.4K
Assets
$12.8M

IRS Business Master File Details info

As of September 2025
Exempt Ruling Date info
2008-08
Deductibility Status info
Deductible
Last Tax Filing info
2024
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above 509(a)(3)

IRS Publication 78 Details info

As of August 2025
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A supporting organization, unspecified type

IRS Form 990 Returns info

Through June 2025
Tax period ending in
2024-09
Tax period ending in
2023-09
Tax period ending in
2022-09
Tax period ending in
2021-09
Tax period ending in
2020-09
Tax period ending in
2019-09
Tax period ending in
2018-09
Tax period ending in
2017-09
Tax period ending in
2016-09

Nonprofit Location

Main Address info
70 S BAY AVE
BOSTON, MA 02118
Suffolk County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
14454
MSA/MD info
25
State info
025
County info
0801.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
14460 - Boston-Cambridge-Newton, MA-NH
Combined Statistical Area info
148 - Boston-Worcester-Providence, MA-RI-NH
Metropolitan Division info
14454 - Boston, MA
Main Address Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 80.28%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Market Data

Main Address Census Tract County
70 S BAY AVE
BOSTON, MA 02118
0801.00 Suffolk County
Population
Total Population 2,900 782,172
Total Households 711 322,184
Income
Median Income* $51,576 $92,859
Median Family Income (2024 FFIEC est.) $136,200 $150,200
Tract Income Percentage 45.8% N/A
Below Poverty Level 27.0% 16.5%
Unemployment Level 9.7% 6.2%
Housing
Total Housing Units 781 353,930
Total Owner-Occupied Units 26.0% 36.6%
Total Renter-Occupied Units 65.0% 63.4%
Total Vacant Units 9.0% 5.4%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2023 American Community Survey.
View more than 200 performance context data points for this county now.

Management

3
Total Voting Members
in Governing Body
info
2
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Pranita Amarasinghe
CFO
(617) 427-5200
Principal Officer info
Pranita Amarasinghe
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grant Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2023-09.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.