INQUILINOS BORICUAS EN ACCION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- INQUILINOS BORICUAS EN ACCION INC (EIN 23-7090081)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-03
- IRS object ID
- 202311239349302421
- Schema version
- 2022v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-03T14:56:51-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237090081 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INQUILINOS BORICUAS EN ACCION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INQU | BusinessNameControlTxt |
| Phone | 6179271707 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SAN JUAN STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02118 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VANESSA CALDERON-ROSADO | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 6179271707 | PhoneNum |
| Signature | 2023-04-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VANESSA | PersonFirstNm |
| Person Last | CALDERON-ROSADO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATTHEW HUTT CPA | PreparerPersonNm |
| PTIN | P01070603 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2023-04-28 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | VANESSA CALDERON-ROSADO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SAN JUAN STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $38,031,881 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.IBABOSTON.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1968 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | INQUILINOS 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 Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,022,313 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,960,724 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,440,732 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,878,941 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,421,583 | PYInvestmentIncomeAmt |
| CY Investment Income | $928,931 | CYInvestmentIncomeAmt |
| PY Other Revenue | $50,116 | PYOtherRevenueAmt |
| CY Other Revenue | $35,414 | CYOtherRevenueAmt |
| PY Total Revenue | $16,934,744 | PYTotalRevenueAmt |
| CY Total Revenue | $18,804,010 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,985,414 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,626,033 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $636,281 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,724,518 | PYOtherExpensesAmt |
| CY Other Expenses | $9,911,836 | CYOtherExpensesAmt |
| PY Total Expenses | $11,709,932 | PYTotalExpensesAmt |
| CY Total Expenses | $13,537,869 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,224,812 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,266,141 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $173,108,948 | TotalAssetsBOYAmt |
| Total Assets EOY | $162,841,239 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $53,931,211 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $53,316,735 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $119,177,737 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $109,524,504 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | INQUILINOS 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,322,504 | ExpenseAmt |
| Revenue | $9,057,692 | RevenueAmt |
| Desc | IBA 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,097,534 | ExpenseAmt |
| Revenue | $96,865 | RevenueAmt |
| Desc | PRESCHOOL - 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,919,018 | ExpenseAmt |
| Revenue | $1,797,822 | RevenueAmt |
| Desc | REAL 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)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $244,225 | $36,741 | ARTS-THE LARGEST LATINO ARTS CENTER IN NEW ENGLAND, IBA PRESENTS CONCERTS, FESTIVALS, EXHIBITS AND OTHER HIGH QUALITY PROGRAMMING THAT IS AFFORDABLE ACCESSIBLE, AND INNOVATIVE. |
| $460,209 | YOUTH 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. | |
| $528,287 | RESIDENT 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. | |
| $262,240 | COLLEGE AND FINANCIAL 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. | |
| $123,633 | REAL ESTATE DEVELOPMENT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,618,594 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $36,741 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $11,957,650 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 91 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 36 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAYRA NEGRON-ROCHE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179271767 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SAN JUAN STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02118 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARIA VASALLO | ||||||||
| PRESIDENT | 0.20 | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAVIER FLORES | ||||||||
| VICE PRESIDENT | 0.20 | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JENNIFER FAUTH | ||||||||
| TREASURER | 0.20 | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PEDRO MIRANDA | ||||||||
| CLERK | 0.20 | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HECTOR CRUZ | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| EDWIN SEDA | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| VADIM KUKSIN | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| WENDY MELENDEZ | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| BOB GOLDSTEIN | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| CARMEN LENNON | ||||||||
| MEMBER (RESIGNED 9/21/22) | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| REINELDA RIVERA | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK GREENE | ||||||||
| MEMBER | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| BART LLOYD | ||||||||
| MEMBER (RESIGNED 6/2022) | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| JORGE ORTIZ PIZARRO | ||||||||
| MEMBER (RESIGNED 2/2022) | 0.20 | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| VANESSA CALDERON-ROSADO | ||||||||
| CHIEF EXECUTIVE OFFICER | 34.40 | 0.60 | Yes (X) | $299,346 | $0 | $25,308 | ||
| MAYRA NEGRON-ROCHE | ||||||||
| CHIEF OPERATING OFFICER | 34.40 | 0.60 | Yes (X) | $254,465 | $0 | $27,713 | ||
| RAFAEL PEREZ MEDINA | ||||||||
| CHIEF PROGRAM OFFICER | 35.00 | 0.00 | $163,975 | $0 | $18,816 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $717,786 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $71,837 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STUDIO ENEE INC | |||||
| 460 HILLSIDE AVENUE | NEEDHAM | MA | 02494 | ARCHITECT | $355,555 |
| KENNEY AND SAMS PC | |||||
| 144 TURNPIKE ROAD | SOUTHBOROUGH | MA | 01772 | LEGAL SERVICES | $235,286 |
| EASTERN BANK WEALTH MANAGEMENT | |||||
| 63 FRANKLIN STREET | BOSTON | MA | 02110 | INVESTMENT MANAGER | $217,066 |
| DEK ASSOCIATES CONSULTING | |||||
| 168 ADAMS AVENUE | NEWTON | MA | 02465 | CONSULTANT | $191,425 |
| DAVIS SQUARE ARCHITECTS | |||||
| 240 ELM STREET | SOMERVILLE | MA | 02144 | ARCHITECT | $189,527 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $69,920 | FederatedCampaignsAmt |
| Fundraising | $156,739 | FundraisingAmt |
| Government Grants | $1,132,570 | GovernmentGrantsAmt |
| All Other Contributions | $5,601,495 | AllOtherContributionsAmt |
| Total Contributions | $6,960,724 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME | 531390 | $9,057,692 | $9,057,692 |
| PARTNERSHIP DISTRIBUTIONS | 531390 | $1,199,148 | $1,199,148 |
| PARTNERSHIP AND INCENTIVE MANAGEM | 531390 | $347,250 | $347,250 |
| GROUND LEASE FEES | 531390 | $177,986 | $177,986 |
| PARENT AND OTHER FEES | 624100 | $96,865 | $96,865 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,878,941 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,087,115 | TotalRevenueColumnAmt |
| Exclusion | $1,087,115 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,994,922 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,721,844 | SecuritiesAmt |
| Other | $1,431,262 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,273,078 | SecuritiesAmt |
| Other | -$1,431,262 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$158,184 | TotalRevenueColumnAmt |
| Exclusion | -$158,184 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $156,739 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $74,765 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$74,765 | TotalRevenueColumnAmt |
| Exclusion | -$74,765 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| DEFERRED INTEREST | 900099 | $73,438 | $73,438 |
| OTHER INCOME | 531390 | $36,741 | $36,741 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $110,179 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,804,010 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,989,120 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $854,166 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $606,832 | TotalAmt |
| Program Services | $399,357 | ProgramServicesAmt |
| Management And General | $60,683 | ManagementAndGeneralAmt |
| Fundraising | $146,792 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,318,607 | TotalAmt |
| Program Services | $1,883,012 | ProgramServicesAmt |
| Management And General | $265,924 | ManagementAndGeneralAmt |
| Fundraising | $169,671 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,865 | TotalAmt |
| Program Services | $26,012 | ProgramServicesAmt |
| Management And General | $6,711 | ManagementAndGeneralAmt |
| Fundraising | $2,142 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $443,533 | TotalAmt |
| Program Services | $300,117 | ProgramServicesAmt |
| Management And General | $106,493 | ManagementAndGeneralAmt |
| Fundraising | $36,923 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,196 | TotalAmt |
| Program Services | $178,072 | ProgramServicesAmt |
| Management And General | $25,791 | ManagementAndGeneralAmt |
| Fundraising | $18,333 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,991 | TotalAmt |
| Program Services | $240,991 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,893 | TotalAmt |
| Program Services | $353,738 | ProgramServicesAmt |
| Management And General | $1,155 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,400 | TotalAmt |
| Program Services | $35,657 | ProgramServicesAmt |
| Management And General | $84,743 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $834,672 | TotalAmt |
| Program Services | $426,798 | ProgramServicesAmt |
| Management And General | $198,227 | ManagementAndGeneralAmt |
| Fundraising | $209,647 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,385 | TotalAmt |
| Program Services | $169,126 | ProgramServicesAmt |
| Management And General | $17,379 | ManagementAndGeneralAmt |
| Fundraising | $26,880 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,391 | TotalAmt |
| Program Services | $105,477 | ProgramServicesAmt |
| Management And General | $25,967 | ManagementAndGeneralAmt |
| Fundraising | $9,947 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,912,457 | TotalAmt |
| Program Services | $4,857,145 | ProgramServicesAmt |
| Management And General | $41,359 | ManagementAndGeneralAmt |
| Fundraising | $13,953 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,859 | TotalAmt |
| Program Services | $3,703 | ProgramServicesAmt |
| Management And General | $5,156 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,794,155 | TotalAmt |
| Program Services | $1,779,053 | ProgramServicesAmt |
| Management And General | $15,102 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBTS | $879,188 | $879,188 | ||
| PROGRAM SUPPLIES | $147,650 | $143,676 | $3,974 | |
| STIPENDS | $100,482 | $100,482 | ||
| MISCELLANEOUS | $71,911 | $3,699 | $67,945 | $267 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,402 | TotalAmt |
| Program Services | $72,347 | ProgramServicesAmt |
| Management And General | $17,329 | ManagementAndGeneralAmt |
| Fundraising | $1,726 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,537,869 | TotalAmt |
| Program Services | $11,957,650 | ProgramServicesAmt |
| Management And General | $943,938 | ManagementAndGeneralAmt |
| Fundraising | $636,281 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,240 | BOYAmt |
| EOY | $375,885 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,788,651 | BOYAmt |
| EOY | $7,510,439 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,872,491 | BOYAmt |
| EOY | $10,983,732 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,124 | BOYAmt |
| EOY | $175,544 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,807 | BOYAmt |
| EOY | $289,606 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $64,246,667 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,989,246 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,043,402 | BOYAmt |
| EOY | $52,257,421 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,448,413 | BOYAmt |
| EOY | $68,184,298 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,079,041 | BOYAmt |
| EOY | $15,657,926 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,104,779 | BOYAmt |
| EOY | $7,406,388 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,108,948 | BOYAmt |
| EOY | $162,841,239 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,182,851 | BOYAmt |
| EOY | $1,489,225 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,113,812 | BOYAmt |
| EOY | $51,201,153 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $357,400 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,148 | BOYAmt |
| EOY | $626,357 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,931,211 | BOYAmt |
| EOY | $53,316,735 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,409,121 | BOYAmt |
| EOY | $98,622,856 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,768,616 | BOYAmt |
| EOY | $10,901,648 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,177,737 | BOYAmt |
| EOY | $109,524,504 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,108,948 | BOYAmt |
| EOY | $162,841,239 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,266,141 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$10,936,364 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,983,010 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,752,424 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,168,804 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,746,930 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,022,313 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,960,724 | CurrentTaxYearAmt |
| Total | $15,651,195 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,752,424 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,168,804 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,746,930 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,022,313 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,960,724 | CurrentTaxYearAmt |
| Total | $15,651,195 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $15,651,195 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $515,694 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $594,579 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $930,641 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,217,095 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,087,115 | CurrentTaxYearAmt |
| Total | $4,345,124 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,374 | CurrentTaxYearMinus4YearsAmt |
| Total | $47,374 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,043,693 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $54,806,145 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78090 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75080 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISC INCOME AND RECOVERY OF PREVIOUSLY WRITTEN OFF NOTE 785237 - 2018 AMOUNT: $ 47,374. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,584,890 | BeginningYearBalanceAmt |
| Contributions | $5,399,999 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,654,236 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $55,330,653 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,675,189 | BeginningYearBalanceAmt |
| Contributions | $5,947,337 | ContributionsAmt |
| Investment Earnings Or Losses | $6,962,364 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $58,584,890 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,250,067 | BeginningYearBalanceAmt |
| Contributions | $3,718,686 | ContributionsAmt |
| Investment Earnings Or Losses | $6,706,436 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $45,675,189 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $35,250,067 | ContributionsAmt |
| End Year Balance | $35,250,067 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,183,474 | OtherCostOrOtherBasisAmt |
| Book Value | $1,183,474 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $59,013,601 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,788,147 | DepreciationAmt |
| Book Value | $49,225,454 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,049,592 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,201,099 | DepreciationAmt |
| Book Value | $1,848,493 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $52,257,421 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CERTIFICATES OF DEPOSIT | $487,708 | F |
| U.S. TREASURY BONDS | $13,639,111 | F |
| CASH AND CASH EQUIVALENTS | $4,603,911 | F |
| FIXED INCOME FUNDS | $2,071,758 | F |
| EQUITIES | $47,381,810 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $68,184,298 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN SUBSIDIARIES | Desc |
| Book Value | $15,657,926 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $15,657,926 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITY | $376,357 |
| CONDITIONAL GRANT ADVANCE | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $626,357 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IBA 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, 2022. IBA AND AFFILIATES' INCOME TAXES ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FESTIVAL BETANCES | Event1Nm |
| Gross Receipts Event1 | $156,739 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $156,739 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $74,765 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $156,739 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $156,739 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $74,765 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $74,765 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$74,765 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VANESSA CALDERON-ROSADO | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $299,346 | $0 | $0 | $0 | $0 | $0 | $6,997 | $0 | $18,311 | $0 | $324,654 | $0 | $0 | $0 |
| MAYRA NEGRON-ROCHE | ||||||||||||||
| CHIEF OPERATING OFFICER | $254,465 | $0 | $0 | $0 | $0 | $0 | $6,151 | $0 | $21,562 | $0 | $282,178 | $0 | $0 | $0 |
| RAFAEL PEREZ MEDINA | ||||||||||||||
| CHIEF PROGRAM OFFICER | $163,975 | $0 | $0 | $0 | $0 | $0 | $4,166 | $0 | $14,650 | $0 | $182,791 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | IBA CONTRACTS WITH A PROPERTY MANAGEMENT COMPANY TO RUN THE DAY TO DAY OPERATIONS OF THEIR HOUSING PORTFOLIO. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 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 12C | CONFLICT 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 15 | THE 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 19 | FINANCIAL 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: | RECOVERY OF DUE FROM AFFILIATE 277,148. PROVISION AGAINST DUE FROM AFFILIATES -233,524. PROVISION AGAINST LOAN LOSS -3,963,440. DISTRIBUTIONS -1,199,148. TRANSFER FROM AFFILIATE 1,135,954. |
| 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 (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|
| CASAS BORINQUEN APARTMENTS LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | ||
| CASAS BORINQUEN APARTMENTS LIMITED PARTNERSHIP | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | CASAS BORINQUEN APARTMENTS LLC | $1,523,406 | $4,659,234 |
| SOUTH END APARTMENTS LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | SOUTH END APARTMENTS MM LLC | $1,223,379 | |
| SOUTH END APARTMENTS MM LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | ||
| VIVIENDAS LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | VIVIENDAS MM LLC | $7,608,058 | $49,887,170 |
| VIVIENDAS MM LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | ||
| VICTORIA APARTMENTS GP LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | ||
| FORTES HOUSE LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | $2,212,000 | |
| IELCLLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | ||
| THE PREPARATORY FOUNDATION LLC | |||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 237090081 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | ||
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT FORTES HOUSE INC | ||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 042699390 | AFFORDABLE HOUSING | MA | 501(C)(3) | LINE 12A, I | INQUILINOS BORICUAS EN ACCION INC | Yes (1) |
| THE RESIDENCES AT NEPONSET FIELD INC | ||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 261590901 | AFFORDABLE HOUSING | MA | 501(C)(3) | LINE 7 | INQUILINOS BORICUAS EN ACCION INC | Yes (1) |
| IBA REAL ESTATE SUPPORT CORPORATION | ||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 882578356 | AFFORDABLE HOUSING | MA | 501(C)(3) | LINE 12A, I | INQUILINOS BORICUAS EN ACCION INC | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WEST NEWTON RUTLAND LLC | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 611788746 | AFFORDABLE HOUSING | MA | WEST NEWTON RUTLAND MM LLC | $2,211,955 | $77,062,805 | 0 | 0 | 0.99990 |
| SOUTH END APARTMENTS LIMITED PARTNERSHIP | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 043551097 | AFFORDABLE HOUSING | MA | ETCDC INC | $1,447,301 | $6,347,770 | 0 | 0 | 0.99990 |
| VICTORIA APARTMENTS LIMITED PARTNERSHIP | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 800033315 | AFFORDABLE HOUSING | MA | ETCDC INC | $8,191,354 | $54,769,369 | 0 | 0 | 0.99990 |
| ROBERT L FORTES HOUSE LIMITED PARTNERSHIP | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 043748044 | AFFORDABLE HOUSING | MA | ETC FORTES INC | $1,231,718 | $6,568,070 | 0 | 0 | 0.99990 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WEST NEWTON RUTLAND MM LLC | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 812001989 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | C | -$1,725 | $79 | 0.79000 | Yes (1) |
| ETCDC INC | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 043546738 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | C | -$1,508 | $9 | 0.79000 | Yes (1) |
| ETC FORTES INC | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 341974884 | AFFORDABLE HOUSING | MA | ROBERT FORTES HOUSE INC | C | 0 | |||
| RESIDENCIA BETANCES INC | ||||||||||||
| 2 SAN JUAN STREET | BOSTON | MA | 02118 | 043166808 | AFFORDABLE HOUSING | MA | INQUILINOS BORICUAS EN ACCION INC | C | -$89,492 | $1,562,610 | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE RESIDENCES AT NEPONSET FIELD INC | ||
| D | $750,129 | FAIR MARKET VALUE |
| RESIDENCIA BETANCES INC | ||
| D | $449,920 | FAIR MARKET VALUE |
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