INQUILINOS BORICUAS EN ACCION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
INQUILINOS BORICUAS EN ACCION INC (EIN 23-7090081)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-26
IRS object ID
202401179349302205
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-26T15:49:54-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237090081EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INQUILINOS BORICUAS EN ACCION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINQUBusinessNameControlTxt
Phone6179271707PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 SAN JUAN STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVANESSA CALDERON-ROSADOPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone6179271707PhoneNum
Signature2024-04-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstVANESSAPersonFirstNm
Person LastCALDERON-ROSADOPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW HUTT CPAPreparerPersonNm
PTINP01070603PTIN
Phone5083669100PhoneNum
Preparation2024-04-25PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerVANESSA CALDERON-ROSADOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 SAN JUAN STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$45,879,334GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.IBABOSTON.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionINQUILINOS BORICUAS EN ACCION (IBA) EMPOWERS AND ENGAGES INDIVIDUALS AND FAMILIES TO IMPROVE THEIR LIVES THROUGH HIGH-QUALITY AFFORDABLE HOUSING, EDUCATION AND ARTS PROGRAMS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee47TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,960,724PYContributionsGrantsAmt
CY Contributions Grants$3,391,150CYContributionsGrantsAmt
PY Program Service Revenue$10,878,941PYProgramServiceRevenueAmt
CY Program Service Revenue$13,991,503CYProgramServiceRevenueAmt
PY Investment Income$928,931PYInvestmentIncomeAmt
CY Investment Income$1,856,524CYInvestmentIncomeAmt
PY Other Revenue$35,414PYOtherRevenueAmt
CY Other Revenue$2,641,242CYOtherRevenueAmt
PY Total Revenue$18,804,010PYTotalRevenueAmt
CY Total Revenue$21,880,419CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,626,033PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,902,591CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$713,129CYTotalFundraisingExpenseAmt
PY Other Expenses$9,911,836PYOtherExpensesAmt
CY Other Expenses$8,980,476CYOtherExpensesAmt
PY Total Expenses$13,537,869PYTotalExpensesAmt
CY Total Expenses$13,883,067CYTotalExpensesAmt
PY Revenues Less Expenses$5,266,141PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,997,352CYRevenuesLessExpensesAmt
Total Assets BOY$162,841,239TotalAssetsBOYAmt
Total Assets EOY$177,993,455TotalAssetsEOYAmt
Total Liabilities BOY$53,316,735TotalLiabilitiesBOYAmt
Total Liabilities EOY$52,201,326TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$109,524,504NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$125,792,129NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionINQUILINOS BORICUAS EN ACCION (IBA) EMPOWERS AND ENGAGES INDIVIDUALS AND FAMILY TO IMPROVE THEIR LIVES THROUGH HIGH-QUALITY AFFORDABLE HOUSING, EDUCATION, AND ARTS PROGRAMS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,523,413ExpenseAmt
Revenue$9,513,864RevenueAmt
DescIBA IS A NON-PROFIT OWNER AND DEVELOPER OF AFFORDABLE HOUSING. THE MAIN GOAL IS TO PROVIDE AN AFFORDABLE, SAFE AND HEALTHY ENVIRONMENT THAT PROMOTES THE HIGHEST QUALITY OF LIFE FOR LOW AND MODERATE-INCOME FAMILIES AND ELDERS. IBA ALSO SUPPORT FAMILIES THAT ARE AT RISK OF LOSING THEIR HOMESBY HELPING THEM RETAIN THEIR HOUSING THROUGH DIFFERENT SERVICES THAT INCLUDE: COUNSELING, CASE MANAGEMENT AND ADVOCACY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,450,169ExpenseAmt
Revenue$106,305RevenueAmt
DescEARLY EDUCATION PROGRAM - OUR APPROACH GOES WELL BEYOND TESTING SCORES, IT FOCUSES ON SKILLS DEVELOPMENT, SUCH AS INCLUSION, ADAPTABILITY, CREATIVITY, CRITICAL THINKING AND INDEPENDENCE. OUR DEDICATED TEACHERS AND STAFF NURTURE EACH CHILD'S CREATIVITY AND INDIVIDUALITY, RECOGNIZING THESE SKILLS TO BE JUST AS IMPORTANT AS THE ACADEMIC SKILLS THEY NEED TO SUCCEED. ALL OF OUR STUDENTS GRADUATE PREPARED FOR KINDERGARTEN - THEY LEAVE US READY TO READ, WITH STRENGTHENED BILINGUAL SKILLS, AND WITH THE KNOWLEDGE THAT WILL SERVE THEM TO BECOME VALUED MEMBERS OF THEIR SOCIETY. OUR PROGRAM FOCUSES ON 5 CORE VALUES TO EDUCATE YOUR CHILD FOR FUTURE SUCCESS;SOCIO-EMOTIONAL SKILLS, LITERACY SKILLS, LEARNING SKILLS, COGNITIVE DEVELOPMENT, AND FINE AND GROSS MOTOR DEVELOPMENT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$869,061ExpenseAmt
Revenue$2,728,646RevenueAmt
DescREAL ESTATE MANAGEMENT - NON-PROFIT OWNER AND DEVELOPER OF AFFORDABLE HOUSING. THE MAIN GOAL IS TO PROVIDE AN AFFORDABLE, SAFE AND HEALTHY ENVIRONMENT THAT PROMOTES THE HIGHEST QUALITY OF LIFE FOR LOW AND MODERATE-INCOME FAMILIES AND ELDERS. IBA OWNS A RENTAL HOUSING PORFOLIO OF 667 AFFORDABLE UNITS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)

ExpenseExpenseAmtRevenueRevenueAmtDescDesc
$227,003$34,363ARTS - THE LARGEST LATINO ARTS CENTER IN NEW ENGLAND, IBA PRESENTS CONCERTS, FESTIVALS, EXHIBITS AND OTHER HIGH QUALITY PROGRAMMING THAT IS AFFORDABLE ACCESSIBLE, AND INNOVATIVE.
$625,412YOUTH DEVELOPMENT PROGRAM FOSTERS SOCIO-EMOTIONAL, INTELLECTUAL AND ARTISTIC GROWTH IN YOUNG PEOPLE BETWEEN 14 AND 19 YEARS OLD, WHILE HELPING THEM DEVELOP 21ST CENTURY SKILLS TO BE SUCCESSFUL IN LIFE.
$640,388RESIDENT SERVICES PROGRAM WORKS TO EMPOWER RESIDENTS OF THE VILLA VICTORIA AFFORDABLE HOUSING COMMUNITY WITH A PARTICULAR FOCUS ON THE COMMUNITY'S SENIORS, WE PROMOTE LIVING AN A MORE ACTIVE AND FULFILLING LIFE. USING A CULTURALLY RESPONSIVE APPROACH, OUR CARING AND BILINGUAL TEAM HELPS RESIDENTS:MEET BASIC NEEDS THROUGH ADVOCACY, CASE MANAGEMENT AND REFERRALS. KEEP ACTIVE AND CONNECTED TO THE COMMUNITY THROUGH SOCIAL, RECREATIONAL, AND CULTURAL PROGRAMMING. BOOST HEALTH AND WELLNESS THROUGH FITNESS/EXERCISE CLASSES, WORKSHOPS AND HEALTH SCREENINGS.
$309,591FINANCIAL EMPOWERMENT PROGRAM IS AN INNOVATIVE EDUCATIONAL DEVELOPMENT AND FINANCIAL EMPOWERMENT PARTNERSHIP WITH BUNKER HILL COMMUNITY COLLEGE. SERVING AS A MINI-SATELLITE CAMPUS OF BUNKER HILL COMMUNITY COLLEGE, IBA OFFERS A UNIQUE MODEL OF A COLLEGE CAMPUS IN THE HEART OF AN AFFORDABLE HOUSING COMMUNITY.
$156,543$1,760,610REAL ESTATE DEVELOPMENT
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,958,937TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,794,973TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$11,801,580TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document102IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee47EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAYRA NEGRON-ROCHEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179271767PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12 SAN JUAN STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02118ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARIA VASALLO
PRESIDENT0.200.60Yes (X)Yes (X)$0$0$0
JAVIER FLORES
VICE PRESIDENT0.200.60Yes (X)Yes (X)$0$0$0
JENNIFER FAUTH
TREASURER0.200.60Yes (X)Yes (X)$0$0$0
PEDRO MIRANDA
CLERK0.200.60Yes (X)Yes (X)$0$0$0
HECTOR CRUZ
MEMBER0.200.60Yes (X)$0$0$0
EDWIN SEDA
MEMBER (RESIGNED 12/2022)0.200.60Yes (X)$0$0$0
VADIM KUKSIN
MEMBER0.200.60Yes (X)$0$0$0
WENDY MELENDEZ
MEMBER0.200.60Yes (X)$0$0$0
ROBERT GOLDSTEIN
MEMBER0.200.60Yes (X)$0$0$0
HECTOR COLON
MEMBER0.200.60Yes (X)$0$0$0
REINELDA RIVERA
MEMBER0.200.60Yes (X)$0$0$0
PATRICK GREENE
MEMBER0.200.60Yes (X)$0$0$0
JOSE FERNANDEZ
MEMBER0.200.60Yes (X)$0$0$0
SHARON BONET
MEMBER0.200.60Yes (X)$0$0$0
DIVYA MANI
MEMBER0.200.60Yes (X)$0$0$0
CINDY WILLIAMS
MEMBER0.200.60Yes (X)$0$0$0
MIGUEL VASQUEZ
MEMBER0.200.60Yes (X)$0$0$0
LAURIE GOULD
MEMBER0.200.60Yes (X)$0$0$0
VANESSA CALDERON-ROSADO
CHIEF EXECUTIVE OFFICER34.400.60Yes (X)$323,843$0$42,255
MAYRA NEGRON-ROCHE
CHIEF OPERATING OFFICER34.400.60Yes (X)$293,690$0$45,395
RAFAEL PEREZ MEDINA
CHIEF PROGRAM OFFICER35.00$184,858$0$29,201Yes (X)
TARA MCCABE
CHIEF DEVELOPMENT OFFICER35.00$151,403$0$2,850Yes (X)
YAHAIRA OBJIO
RESIDENT SERVICES PROGRAM DIRECTOR35.00$106,113$0$18,464Yes (X)
TIN TIN NYO
CONTROLLER35.00$104,303$0$7,282Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,164,210TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$145,447TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NEI GENERAL CONTRACTING INC
27 PACELLA PARK DRIVERANDOLPHMA02368GENERAL CONTRACTOR$738,540
STUDIO ENEE INC
129 KINGSTON STREETBOSTONMA02111ARCHITECT$702,820
EASTERN BANK WEALTH MANAGEMENT
63 FRANKLIN STREETBOSTONMA02110INVESTMENT MANAGER$275,920
DAVIS SQUARE ARCHITECTS
240 ELM STREETSOMERVILLEMA02144ARCHITECT$179,155
THREE-KAY CONSULTING LLC
1266 FURNACE BROOK PARKWAY SUITE 4QUINCYMA02169FINANCIAL CONSULTANT$151,002
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
Federated Campaigns$59,960FederatedCampaignsAmt
Fundraising$169,899FundraisingAmt
Government Grants$976,473GovernmentGrantsAmt
All Other Contributions$2,184,818AllOtherContributionsAmt
Total Contributions$3,391,150TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531390$9,513,864$9,513,864
PARTNERSHIP DISTRIBUTIONS531390$1,972,852$1,972,852
DEVELOPER FEES531390$1,760,610$1,760,610
PARTNERSHIP AND INCENTIVE MANAGEM531390$459,886$459,886
GROUND LEASE FEES531390$177,986$177,986

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$106,305TotalRevenueColumnAmt
Related Or Exempt Func Income$106,305RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$13,991,503TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,646,101TotalRevenueColumnAmt
Exclusion$1,646,101ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$24,098,295SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$23,887,872SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$210,423SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$210,423TotalRevenueColumnAmt
Exclusion$210,423ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$169,899ContriRptFundraisingEventAmt
Fundraising Direct Expenses$111,043FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$111,043TotalRevenueColumnAmt
Exclusion-$111,043ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SETTLEMENT FROM LAWSUIT900099$2,600,000$2,600,000
DEFERRED INTEREST900099$117,922$117,922
OTHER INCOME531390$34,363$34,363
FieldValueIRS element (for citing)
Other Revenue Total$2,752,285OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,880,419TotalRevenueColumnAmt
Related Or Exempt Func Income$14,143,788RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,345,481ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$705,183TotalAmt
Program Services$398,051ProgramServicesAmt
Management And General$87,473ManagementAndGeneralAmt
Fundraising$219,659FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,302,517TotalAmt
Program Services$2,493,379ProgramServicesAmt
Management And General$495,431ManagementAndGeneralAmt
Fundraising$313,707FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$66,743TotalAmt
Program Services$49,930ProgramServicesAmt
Management And General$12,974ManagementAndGeneralAmt
Fundraising$3,839FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$514,481TotalAmt
Program Services$340,471ProgramServicesAmt
Management And General$136,173ManagementAndGeneralAmt
Fundraising$37,837FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$313,667TotalAmt
Program Services$235,807ProgramServicesAmt
Management And General$45,901ManagementAndGeneralAmt
Fundraising$31,959FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$248,572TotalAmt
Program Services$248,572ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$165,115TotalAmt
Program Services$164,590ProgramServicesAmt
Management And General$525ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$124,987TotalAmt
Program Services$37,036ProgramServicesAmt
Management And General$87,951ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$774,559TotalAmt
Program Services$498,917ProgramServicesAmt
Management And General$218,172ManagementAndGeneralAmt
Fundraising$57,470FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$270,268TotalAmt
Program Services$212,266ProgramServicesAmt
Management And General$41,567ManagementAndGeneralAmt
Fundraising$16,435FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$186,456TotalAmt
Program Services$90,588ProgramServicesAmt
Management And General$89,044ManagementAndGeneralAmt
Fundraising$6,824FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,864,054TotalAmt
Program Services$4,825,556ProgramServicesAmt
Management And General$28,575ManagementAndGeneralAmt
Fundraising$9,923FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$15,859TotalAmt
Program Services$10,198ProgramServicesAmt
Management And General$5,661ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,875,269TotalAmt
Program Services$1,864,523ProgramServicesAmt
Management And General$10,746ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STIPENDS$138,562$138,462$100
SECURITY AND RESIDENT S$89,811$87,976$1,835
MISCELLANEOUS$83,709$80,937$2,772
PROGRAM SUPPLIES$82,908$72,168$776$9,964

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$60,347TotalAmt
Program Services$33,090ProgramServicesAmt
Management And General$24,517ManagementAndGeneralAmt
Fundraising$2,740FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,883,067TotalAmt
Program Services$11,801,580ProgramServicesAmt
Management And General$1,368,358ManagementAndGeneralAmt
Fundraising$713,129FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$375,885BOYAmt
EOY$262,330EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,510,439BOYAmt
EOY$14,122,887EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$10,983,732BOYAmt
EOY$10,829,578EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$175,544BOYAmt
EOY$1,432,309EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$289,606BOYAmt
EOY$380,827EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$65,728,562LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,181,296LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$52,257,421BOYAmt
EOY$53,547,266EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$68,184,298BOYAmt
EOY$79,919,225EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$15,657,926BOYAmt
EOY$12,649,144EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,406,388BOYAmt
EOY$4,849,889EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$162,841,239BOYAmt
EOY$177,993,455EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,489,225BOYAmt
EOY$1,317,250EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$51,201,153BOYAmt
EOY$50,247,776EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$626,357BOYAmt
EOY$636,300EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$53,316,735BOYAmt
EOY$52,201,326EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$98,622,856BOYAmt
EOY$114,592,770EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,901,648BOYAmt
EOY$11,199,359EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$109,524,504BOYAmt
EOY$125,792,129EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$162,841,239BOYAmt
EOY$177,993,455EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$7,997,352ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,944,311NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,674,038OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,168,804CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,746,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,022,313CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,960,724CurrentTaxYearMinus1YearAmt
Current Tax Year$3,391,150CurrentTaxYearAmt
Total$17,289,921TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,168,804CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,746,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,022,313CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,960,724CurrentTaxYearMinus1YearAmt
Current Tax Year$3,391,150CurrentTaxYearAmt
Total$17,289,921TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$342,691SubstantialContributorsTotAmt
Public Support Total170$16,947,230PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$594,579CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$930,641CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,217,095CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,087,115CurrentTaxYearMinus1YearAmt
Current Tax Year$1,646,101CurrentTaxYearAmt
Total$5,475,531TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$2,600,000CurrentTaxYearAmt
Total$2,600,000TotalAmt
FieldValueIRS element (for citing)
Total Support$25,365,452TotalSupportAmt
Gross Receipts Rltd Activities$57,664,034GrossReceiptsRltdActivitiesAmt
Public Support CY1700.66810PublicSupportCY170Pct
Public Support PY1700.78090PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationSETTLEMENT FROM LAWSUIT - 2023 AMOUNT: $ 2,600,000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$55,330,653BeginningYearBalanceAmt
Contributions$825,480ContributionsAmt
Investment Earnings Or Losses$10,151,153InvestmentEarningsOrLossesAmt
End Year Balance$66,307,286EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$58,584,890BeginningYearBalanceAmt
Contributions$5,399,999ContributionsAmt
Investment Earnings Or Losses-$8,654,236InvestmentEarningsOrLossesAmt
End Year Balance$55,330,653EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$45,675,189BeginningYearBalanceAmt
Contributions$5,947,337ContributionsAmt
Investment Earnings Or Losses$6,962,364InvestmentEarningsOrLossesAmt
End Year Balance$58,584,890EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$35,250,067BeginningYearBalanceAmt
Contributions$3,718,686ContributionsAmt
Investment Earnings Or Losses$6,706,436InvestmentEarningsOrLossesAmt
End Year Balance$45,675,189EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$35,250,067ContributionsAmt
End Year Balance$35,250,067EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,183,474OtherCostOrOtherBasisAmt
Book Value$1,183,474BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$61,396,264OtherCostOrOtherBasisAmt
Depreciation$11,379,826DepreciationAmt
Book Value$50,016,438BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,148,824OtherCostOrOtherBasisAmt
Depreciation$801,470DepreciationAmt
Book Value$2,347,354BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$53,547,266TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
U.S. TREASURY BONDS$14,036,151F
CASH AND CASH EQUIVALENTS$3,887,255F
FIXED INCOME FUNDS$3,462,773F
EQUITIES$58,533,046F
FieldValueIRS element (for citing)
Total Book Value Securities$79,919,225TotalBookValueSecuritiesAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN SUBSIDIARIESDesc
Book Value$12,649,144BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$12,649,144TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$386,300
CONDITIONAL GRANT ADVANCE$250,000
FieldValueIRS element (for citing)
Total Liability$636,300TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationIBA AND AFFILIATES ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IBA AND AFFILIATES HAVE DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2023. IBA AND AFFILIATES' INCOME TAXES ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FESTIVAL BETANCESEvent1Nm
Gross Receipts Event1$169,899GrossReceiptsEvent1Amt
Charitable Contri Event1$169,899CharitableContriEvent1Amt
Rent Facility Costs Event1$11,028RentFacilityCostsEvent1Amt
Food And Beverage Event1$702FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$99,313OtherDirectExpensesEvent1Amt
Gross Receipts Total$169,899GrossReceiptsTotalAmt
Charitable Contributions Tot$169,899CharitableContributionsTotAmt
Rent Fclty Costs Total Events$11,028RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$702FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$99,313OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$111,043DirectExpenseSummaryEventsAmt
Net Income Summary-$111,043NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
VANESSA CALDERON-ROSADO
CHIEF EXECUTIVE OFFICER$323,843$0$0$0$0$0$21,350$0$20,905$0$366,098$0$0$0
MAYRA NEGRON-ROCHE
CHIEF OPERATING OFFICER$293,690$0$0$0$0$0$20,786$0$24,609$0$339,085$0$0$0
RAFAEL PEREZ MEDINA
CHIEF PROGRAM OFFICER$184,858$0$0$0$0$0$8,374$0$20,827$0$214,059$0$0$0
TARA MCCABE
CHIEF DEVELOPMENT OFFICER$151,403$0$0$0$0$0$1,777$0$1,073$0$154,253$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3IBA CONTRACTS WITH A PROPERTY MANAGEMENT COMPANY TO RUN THE DAY TO DAY OPERATIONS OF THEIR HOUSING PORTFOLIO.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW. ONCE THE BOARD MEMBERS HAVE REVIEWED THE FORM 990, THEY VOTE FOR THE RETURN TO BE FILED.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST FORMS ARE SENT TO ALL BOARD MEMBERS AND MEMBERS OF MANAGEMENT. THE COO MONITORS COMPLETION OF THE REQUIRED DISCLOSURES. IN THE EVENT OF VOTE REGARDING A TRANSACTIONS WHERE A BOARD MEMBER HAS IDENTIFIED A CONFLICT OF INTEREST, THAT BOARD MEMBER IS NOT PRESENT IN THE DISCUSSION OR ALLOWED TO VOTE.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD OF DIRECTORS ENTER INTO EXECUTIVE SESSION WHERE THEY REVIEW THE CEO'S PERFORMANCE AND BASED ON SAID REVIEW, DECIDE ON A COMPENSATION FOR THE UPCOMING YEAR. THE COMPENSATION FOR OTHER OFFICERS WITHIN THE ORGANIZATION IS DETERMINED BY THE CEO ANNUALLY IN DECEMBER FOR THE UPCOMING YEAR. THE CEO CONDUCTS A PERFORMANCE REVIEW, WHICH IS REVIEWED WITH THE APPLICABLE OFFICER AND BASED ON SAID REVEW A COMPENSATION ADJUSTMENT IS AWARDED BY THE CEO FOR THE NEXT CALENDAR YEAR.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE AVAILABLE ON ANOTHER'S WEBSITE, AS WELL AS UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:PROVISION AGAINST DUE FROM AFFILIATES 97,001. DISTRIBUTIONS -443,867. TRANSFER TO AFFILIATE -1,528,985. SETTLEMENT FROM LAWSUIT FORGIVENESS 201,813.
FORM 990, PART XII, LINE 2C:THE FINANCE COMMITTEE OVERSEES THE AUDIT AND ENGAGES THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmt
CASAS BORINQUEN APARTMENTS LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC
CASAS BORINQUEN APARTMENTS LIMITED PARTNERSHIP
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMACASAS BORINQUEN APARTMENTS LLC$1,505,188$5,225,756
SOUTH END APARTMENTS LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMASOUTH END APARTMENTS MM LLC$933,218
SOUTH END APARTMENTS MM LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC
VIVIENDAS LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAVIVIENDAS MM LLC$8,169,657$49,009,716
VIVIENDAS MM LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC
VICTORIA APARTMENTS GP LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC
FORTES HOUSE LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC$2,212,000
IELCLLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC
THE PREPARATORY FOUNDATION LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC
IBA HOLDINGS LLC
2 SAN JUAN STREETBOSTONMA02118237090081AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ROBERT FORTES HOUSE INC
2 SAN JUAN STREETBOSTONMA02118042699390AFFORDABLE HOUSINGMA501(C)(3)LINE 12A, IINQUILINOS BORICUAS EN ACCION INCYes (1)
THE RESIDENCES AT NEPONSET FIELD INC
2 SAN JUAN STREETBOSTONMA02118261590901AFFORDABLE HOUSINGMA501(C)(3)LINE 7INQUILINOS BORICUAS EN ACCION INCYes (1)
IBA REAL ESTATE SUPPORT CORPORATION
2 SAN JUAN STREETBOSTONMA02118882578356AFFORDABLE HOUSINGMA501(C)(3)LINE 12A, IINQUILINOS BORICUAS EN ACCION INCYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
WEST NEWTON RUTLAND LLC
2 SAN JUAN STREETBOSTONMA02118611788746AFFORDABLE HOUSINGMAWEST NEWTON RUTLAND MM LLC$2,789,737$76,087,129000.99990
SOUTH END APARTMENTS LIMITED PARTNERSHIP
2 SAN JUAN STREETBOSTONMA02118043551097AFFORDABLE HOUSINGMAETCDC INC$1,517,035$6,267,600000.99990
VICTORIA APARTMENTS LIMITED PARTNERSHIP
2 SAN JUAN STREETBOSTONMA02118800033315AFFORDABLE HOUSINGMAETCDC INC$8,249,343$52,885,239000.99990
ROBERT L FORTES HOUSE LIMITED PARTNERSHIP
2 SAN JUAN STREETBOSTONMA02118043748044AFFORDABLE HOUSINGMAETC FORTES INC$1,334,098$5,850,833000.99990

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
WEST NEWTON RUTLAND MM LLC
2 SAN JUAN STREETBOSTONMA02118812001989AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INCC-$1,727$790.79000Yes (1)
ETCDC INC
2 SAN JUAN STREETBOSTONMA02118043546738AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INCC-$1,589$90.79000Yes (1)
ETC FORTES INC
2 SAN JUAN STREETBOSTONMA02118341974884AFFORDABLE HOUSINGMAROBERT FORTES HOUSE INCC0
RESIDENCIA BETANCES INC
2 SAN JUAN STREETBOSTONMA02118043166808AFFORDABLE HOUSINGMAINQUILINOS BORICUAS EN ACCION INCC$311,381$1,609,4791.00000Yes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
THE RESIDENCES AT NEPONSET FIELD INC
D$751,479FAIR MARKET VALUE
RESIDENCIA BETANCES INC
D$404,898FAIR MARKET VALUE

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.