ACRE FAMILY CHILD CARE INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: ACRE FAMILY CHILD CARE INC (EIN 04-3036200)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-06-13
IRS object ID: 202331649349301653
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-06-13T14:06:25-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	042917204	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ANSTISS & CO PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6 OMNI WAY STE 201	AddressLine1Txt
City	CHELMSFORD	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	018244187	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	043036200	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ACRE FAMILY CHILD CARE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ACRE	BusinessNameControlTxt
Phone	9789375899	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	55 MIDDLE STREET SUITE 500	AddressLine1Txt
City	LOWELL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	018521812	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BETHANY WATSON	PersonNm
Person Title	CHAIR	PersonTitleTxt
Phone	9789375899	PhoneNum
Signature	2023-06-07	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	BETHANY	PersonFirstNm
Person Last	WATSON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAYNE A ANDREWS	PreparerPersonNm
PTIN	P00514653	PTIN
Phone	9784522500	PhoneNum
Preparation	2023-06-07	PreparationDt

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)
Principal Officer	BETHANY WATSON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	55 MIDDLE ST SUITE 500	AddressLine1Txt
City	LOWELL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01852	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,807,178	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ACREFAMILY.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1988	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	ACRE FAMILY CHILD CARE, INC., PROVIDES A PATHWAY FOR WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY OPERATING HIGH QUALITY CHILD CARE BUSINESSES IN THEIR HOMES.	ActivityOrMissionDesc
Voting Members Governing Body	16	VotingMembersGoverningBodyCnt
Voting Members Independent	16	VotingMembersIndependentCnt
Total Employee	25	TotalEmployeeCnt
Total Volunteers	1	TotalVolunteersCnt
Total Gross UBI	-$5,239	TotalGrossUBIAmt
PY Contributions Grants	$4,964,082	PYContributionsGrantsAmt
CY Contributions Grants	$6,002,811	CYContributionsGrantsAmt
PY Program Service Revenue	$2,089,377	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,596,625	CYProgramServiceRevenueAmt
PY Investment Income	$105,146	PYInvestmentIncomeAmt
CY Investment Income	$14,866	CYInvestmentIncomeAmt
PY Other Revenue	$1,000	PYOtherRevenueAmt
CY Other Revenue	-$5,239	CYOtherRevenueAmt
PY Total Revenue	$7,159,605	PYTotalRevenueAmt
CY Total Revenue	$8,609,063	CYTotalRevenueAmt
PY Grants And Similar Paid	$47,011	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$24,000	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,268,456	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,397,466	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$10,093	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,378,703	PYOtherExpensesAmt
CY Other Expenses	$5,293,874	CYOtherExpensesAmt
PY Total Expenses	$5,694,170	PYTotalExpensesAmt
CY Total Expenses	$6,715,340	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,465,435	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,893,723	CYRevenuesLessExpensesAmt
Total Assets BOY	$6,261,840	TotalAssetsBOYAmt
Total Assets EOY	$7,794,206	TotalAssetsEOYAmt
Total Liabilities BOY	$1,368,681	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,335,427	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,893,159	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$6,458,779	NetAssetsOrFundBalancesEOYAmt
Mission	ACRE FAMILY CHILD CARE INC.'S MISSION IS TO PROVIDE A PATHWAY FOR WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY OPERATING HIGH QUALITY CHILD CARE BUSINESSES IN THEIR HOMES.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$4,591,746	ExpenseAmt
Revenue	$2,220,350	RevenueAmt
Desc	ACRE FAMILY CHILD CARE IS IN THE SERVICE OF HELPING LOCAL WOMEN BUILD LICENSED HOME-BASED FAMILY CHILD CARE BUSINESSES. ACRE PROVIDES ONGOING BUSINESS SUPPORT INCLUDING FAMILY REFERRALS,PROFESSIONAL DEVELOPMENT, PARENT AND CONTRACT BILLING, SMALL BUSINESS LOANS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$916,886	ExpenseAmt
Revenue	$376,275	RevenueAmt
Desc	ACRE FAMILY CHILD CARE PROVIDES TRANSPORTATION FOR CHILDREN TO CONTRACTED FAMILY CHILD CARE PROGRAMS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$618,561	ExpenseAmt
Grant	$24,000	GrantAmt
Desc	ACRE FAMILY CHILD CARE PROVIDES INDIVIDUALIZED SUPPORTS TO CONTRACTED LICENSED FAMILY CHILD CARE EDUCATORS THROUGH EDUCATIONAL TRAINING, TECHNICAL ASSISTANCE, AND COACHING.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$6,127,193	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (true)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	94	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	25	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	16	GoverningBodyVotingMembersCnt
Independent Voting Member	16	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	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

Field	Value	IRS element (for citing)
Person	ACRE FAMILY CHILD CARE INC	PersonNm
Phone	9789375899	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	55 MIDDLE STREET NO500	AddressLine1Txt
City	LOWELL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	018521812	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
BETHANY WATSON
CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
DONNA SAATI
VICE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
KATHLEEN LEON
TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
DEBRA BELAND
CLERK	5.00	Yes (X)	Yes (X)	$0	$0	$0
CATHY MERCADO
CLERK/DIRECT	5.00	Yes (X)	Yes (X)	$0	$0	$0
ISOLDA CANO
DIRECTOR	5.00	Yes (X)		$69,621	$0	$0
VALESSA MARQUES
DIRECTOR	5.00	Yes (X)		$82,137	$0	$0
DARMERY MONTOYA
DIRECTOR	5.00	Yes (X)		$43,689	$0	$0
MARIA PINO
DIRECTOR	5.00	Yes (X)		$80,742	$0	$0
ELLEN GRONDINE
DIRECTOR	5.00	Yes (X)		$0	$0	$0
THOMAS DAUGHERTY
DIRECTOR	5.00	Yes (X)		$0	$0	$0
LARISSA GAIAS PHD
DIRECTOR	5.00	Yes (X)		$0	$0	$0
MINJEONG KIM
DIRECTOR	5.00	Yes (X)		$0	$0	$0
CHRIS ORTIZ
DIRECTOR	5.00	Yes (X)		$0	$0	$0
DANIEL RIOS
DIRECTOR	5.00	Yes (X)		$0	$0	$0
VANNAK THENG
DIRECTOR	5.00	Yes (X)		$0	$0	$0
ZELMA J LYONS-KHADAR
CO-EXECUTIVE	40.00		Yes (X)	$100,828	$0	$23,435
LUCAS SKORCZESKI
CO-EXECUTIVE	40.00		Yes (X)	$88,274	$0	$28,432

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$465,291	TotalReportableCompFromOrgAmt
Total Other Compensation	$51,867	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GRACIE RAMIREZ
15D STREET	LOWELL	MA	01851	CHILD CARE PROV	$160,096
MARCIA MEDEIRA
50 BURNSIDE ST	LOWELL	MA	01851	CHILD CARE PROV	$127,005
MARIA FERREIRA
157 GERSHOM AVE	LOWELL	MA	01854	CHILD CARE PROV	$112,968
MARIA REYES
18 CROWLEY ST	LOWELL	MA	01852	CHILD CARE PROV	$110,790
DIANA HENRIQUEZ DEHERNANDEZ
86 ROCK ST	LOWELL	MA	01854	CHILD CARE PROV	$104,286

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
Government Grants	$4,978,402	GovernmentGrantsAmt
All Other Contributions	$1,024,409	AllOtherContributionsAmt
Total Contributions	$6,002,811	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	PARENT FEES & OTHER PROGRAM F	Desc
Business	624410	BusinessCd
Total Revenue Column	$2,596,625	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,596,625	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,596,625	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$39,202	TotalRevenueColumnAmt
Exclusion	$39,202	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$39,449	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$44,688	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$5,239	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$5,239	TotalRevenueColumnAmt
Unrelated Business Revenue	-$5,239	UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$129,091	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$153,427	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$24,336	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$24,336	TotalRevenueColumnAmt
Exclusion	-$24,336	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,609,063	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,596,625	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$5,239	UnrelatedBusinessRevenueAmt
Exclusion	$14,866	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$24,000	TotalAmt
Program Services	$24,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$252,430	TotalAmt
Program Services	$122,614	ProgramServicesAmt
Management And General	$129,816	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$825,587	TotalAmt
Program Services	$664,518	ProgramServicesAmt
Management And General	$161,069	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$38,383	TotalAmt
Program Services	$27,946	ProgramServicesAmt
Management And General	$10,437	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$199,392	TotalAmt
Program Services	$162,359	ProgramServicesAmt
Management And General	$37,033	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$81,674	TotalAmt
Program Services	$57,988	ProgramServicesAmt
Management And General	$23,686	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,358	TotalAmt
Program Services	$1,358	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$25,000	TotalAmt
Management And General	$25,000	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$12,521	TotalAmt
Management And General	$12,521	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$263,319	TotalAmt
Program Services	$249,011	ProgramServicesAmt
Management And General	$14,308	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$4,018	TotalAmt
Program Services	$1,412	ProgramServicesAmt
Management And General	$1,778	ManagementAndGeneralAmt
Fundraising	$828	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$55,706	TotalAmt
Program Services	$30,857	ProgramServicesAmt
Management And General	$15,643	ManagementAndGeneralAmt
Fundraising	$9,206	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$40,115	TotalAmt
Program Services	$23,991	ProgramServicesAmt
Management And General	$16,124	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$86,695	TotalAmt
Program Services	$38,501	ProgramServicesAmt
Management And General	$48,194	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,106	TotalAmt
Program Services	$1,645	ProgramServicesAmt
Management And General	$461	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$9,911	TotalAmt
Program Services	$396	ProgramServicesAmt
Management And General	$9,515	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$24,573	TotalAmt
Management And General	$24,573	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$73,320	TotalAmt
Program Services	$55,746	ProgramServicesAmt
Management And General	$17,574	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$34,614	TotalAmt
Program Services	$14,265	ProgramServicesAmt
Management And General	$20,349	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
PROVIDER CONTRACTS	$4,517,987	$4,517,987
VEHICLE EXPENSES	$106,888	$106,888
TRAINING & DEVELOPMENT	$16,805	$16,606	$199
AGENCY & DEPT EVENTS	$12,295	$6,836	$5,459

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,643	TotalAmt
Program Services	$2,269	ProgramServicesAmt
Management And General	$4,315	ManagementAndGeneralAmt
Fundraising	$59	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,715,340	TotalAmt
Program Services	$6,127,193	ProgramServicesAmt
Management And General	$578,054	ManagementAndGeneralAmt
Fundraising	$10,093	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$17,603	BOYAmt
EOY	$26,284	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$2,512,715	BOYAmt
EOY	$4,337,701	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$117,500	BOYAmt
EOY	$179,759	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$503,726	BOYAmt
EOY	$571,830	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$8,537	BOYAmt
EOY	$7,800	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$77,231	BOYAmt
EOY	$78,859	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,545,318	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$358,570	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,238,849	BOYAmt
EOY	$1,186,748	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,569,978	BOYAmt
EOY	$1,264,384	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$215,701	BOYAmt
EOY	$140,841	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,261,840	BOYAmt
EOY	$7,794,206	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$413,217	BOYAmt
EOY	$455,720	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$16,272	BOYAmt
EOY	$15,059	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$875,100	BOYAmt
EOY	$844,940	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$64,092	BOYAmt
EOY	$19,708	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,368,681	BOYAmt
EOY	$1,335,427	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	$4,640,896	BOYAmt
EOY	$5,564,869	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$252,263	BOYAmt
EOY	$893,910	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,893,159	BOYAmt
EOY	$6,458,779	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,261,840	BOYAmt
EOY	$7,794,206	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,893,723	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$303,752	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$24,351	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	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	$4,742,808	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,412,523	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,163,248	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,964,082	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,002,811	CurrentTaxYearAmt
Total	$23,285,472	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,742,808	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,412,523	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,163,248	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,964,082	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,002,811	CurrentTaxYearAmt
Total	$23,285,472	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$23,285,472	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$23,238	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$28,680	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$26,548	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$39,997	CurrentTaxYearMinus1YearAmt
Current Tax Year	$78,651	CurrentTaxYearAmt
Total	$197,114	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$1,000	CurrentTaxYearMinus1YearAmt
Total	$1,000	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$23,483,586	TotalSupportAmt
Gross Receipts Rltd Activities	$8,921,461	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.99160	PublicSupportCY170Pct
Public Support PY170	0.99340	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

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	$151,609	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$21,928	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,125	GrantsOrScholarshipsAmt
Administrative Expenses	$2,423	AdministrativeExpensesAmt
End Year Balance	$121,133	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$137,374	BeginningYearBalanceAmt
Investment Earnings Or Losses	$22,646	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,740	GrantsOrScholarshipsAmt
Administrative Expenses	$2,671	AdministrativeExpensesAmt
End Year Balance	$151,609	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$124,385	BeginningYearBalanceAmt
Investment Earnings Or Losses	$20,918	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,655	GrantsOrScholarshipsAmt
Administrative Expenses	$2,275	AdministrativeExpensesAmt
End Year Balance	$137,374	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$107,566	BeginningYearBalanceAmt
Investment Earnings Or Losses	$24,645	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,636	GrantsOrScholarshipsAmt
Administrative Expenses	$2,190	AdministrativeExpensesAmt
End Year Balance	$124,385	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$120,740	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$5,440	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,547	GrantsOrScholarshipsAmt
Administrative Expenses	$2,187	AdministrativeExpensesAmt
End Year Balance	$107,566	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$201,300	OtherCostOrOtherBasisAmt
Book Value	$201,300	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$940,916	OtherCostOrOtherBasisAmt
Depreciation	$29,290	DepreciationAmt
Book Value	$911,626	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$46,531	OtherCostOrOtherBasisAmt
Depreciation	$46,531	DepreciationAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$356,571	OtherCostOrOtherBasisAmt
Depreciation	$282,749	DepreciationAmt
Book Value	$73,822	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,186,748	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	LEASE LIABILITY	Desc
Amt	$19,708	Amt

Field	Value	IRS element (for citing)
Total Liability	$19,708	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$8,269,639	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$303,752	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$1,200	DonatedServicesAndUseFcltsAmt
Other Revenue	-$24,351	OtherRevenueAmt
Revenue Not Reported	-$326,903	RevenueNotReportedAmt
Revenue Subtotal	$8,596,542	RevenueSubtotalAmt
Investment Expenses Not Incld	$12,521	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$12,521	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$8,609,063	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$6,704,019	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$1,200	DonatedServicesUseFcltsAmt
Expenses Not Reported	$1,200	ExpensesNotReportedAmt
Expenses Subtotal	$6,702,819	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$12,521	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$12,521	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$6,715,340	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE D, PAGE 3, PART X

PART V, LINE 4 THE PURPOSE OF THE AGENCY ENDOWMENT IS TO PROVIDE THE ORGANIZATION WITH AN ANNUAL DISTRIBUTION OF UNRESTRICTED SUPPORT IN ACCORDANCE WITH A "SPENDING POLICY" ADOPTED BY THE GREATER LOWELL COMMUNITY FOUNDATION'S BOARD. THE CURRENT SPENDING POLICY ALLOWS FOR AN ANNUAL DISTRIBUTION OF 5% OF THE AVERAGE VALUE OF THE FUND. THERE WAS A DISTRIBUTION OF 6,125.00 FROM THE AGENCY ENDOWMENT IN 2022. PART X, LINE 2: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES", TO EVALUATE AND DISCLOSE TAX PROVISIONS THAT COULD HAVE EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO REVIEW BY TAXING AUTHORITIES FOR PERIODS PRIOR TO 2019. THE ORGANIZATION IS SUBJECT TO UNREALATED BUSIENSS INCOME TAXES ON UNRELATED DEBT FINANCED INCOME. SUBSTANTIALLY ALL THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY.

SCHEDULE D, PAGE 4, PART XI, LINE 2D

CHANGE IN FMV OF BENEFICIAL INTEREST IN AN AGENCY ENDOWMEN -24,351

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MIDDLESEX COMMUNITY COLLEGE	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8681	AddressLine1Txt
City	LOWELL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01853	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	042973384	RecipientEIN
IRC Section	501C3	IRCSectionDesc
Cash Grant	$22,000	CashGrantAmt
Purpose Of Grant	SCHOLARSHIPS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	Sharing Of RevenuesSharingOfRevenuesInd
VALESSA MARQUES
BOARD MEMBER	$82,137	false
DARMERY MONTOYA
BOARD MEMBER	$43,689	false
MARIA PINO
BOARD MEMBER	$80,742	false
ISOLDA CANO
BOARD MEMBER	$69,621	false

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE L, PART V	FormAndLineReferenceDesc
Explanation	SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: VALESSA MARQUES (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 82,137 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: DARMERY MONTOYA (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 43,689 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: MARIA PINO (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 80,742 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO (A) NAME OF PERSON: ISOLDA CANO (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:BOARD MEMBER IS ALSO A CHILD CARE PROVIDER. (C) AMOUNT OF TRANSACTION 69,621 (D) DESCRIPTION OF TRANSACTION: PAYMENT FOR PROVIDING SUBCONTRACTED CHILD CARE SERVICES. (E) SHARING OF ORGANIZATION REVENUES?=NO	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11B	A DRAFT OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE FINANCE COMMITTEE OF THE BOARD FOR THEIR DETAIL REVIEW. SUBSEQUENTLY AND PRIOR TO FILING, THE COMMITTEE'S SUMMARY CONCLUSIONS ARE REPORTED TO THE FULL BOARD. AT THAT TIME, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C	ANNUALLY, THE MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A RELATED-PARTY TRANSACTION AND INDEPENDENCE DISCLOSURE QUESTIONNAIRE FORM. RESPONSES ARE THE BASIS FOR APPROPRIATE DISCLOSURE IN ANNUAL FINANCIAL AND COMPLIANCE REPORTS.
FORM 990, PAGE 6, PART VI, LINE 15A	THE PROCESS FOR DETERMINING COMPENSATION OF THE TOP OFFICIALS INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS
FORM 990, PAGE 6, PART VI, LINE 15B	THE PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS
FORM 990, PAGE 6, PART VI, LINE 19	DURING REGULAR BUSINESS HOURS, ON REQUEST, ARTICLES OF ORGANIZATION BY-LAWS, FINANCIAL STATEMENTS (AUDITED) AND SIMILAR DOCUMENTS ARE AVAILABLE TO THE PUBLIC FOR INSPECTION AT THE AGENCY'S OFFICES IN LOWELL MASSACHUSETTS.
FORM 990, PART XI, LINE 9	CHANGE IN FMV OF BENEFICIAL INTEREST IN AN AGENCY ENDOWMEN -24,351