SOMERVILLE COMMUNITY CORPORATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SOMERVILLE COMMUNITY CORPORATION INC (EIN 23-7293380)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202213189349309451
- Schema version
- 2021v4.2
- 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 | 2022-11-14T12:44:33-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237293380 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SOMERVILLE COMMUNITY CORPORATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOME | BusinessNameControlTxt |
| Phone | 6177765931 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 337 SOMERVILLE AVENUE 2ND FLOOR | AddressLine1Txt |
| City | SOMERVILLE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02143 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GONZALO PUIGBO | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 6177765931 | PhoneNum |
| Signature | 2022-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GONZALO | PersonFirstNm |
| Person Last | PUIGBO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JUSTIN K LEROUX CPA | PreparerPersonNm |
| PTIN | P01722988 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2022-11-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GONZALO PUIGBO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 337 SOMERVILLE AVENUE 2ND FLOOR | AddressLine1Txt |
| City | SOMERVILLE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02143 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,458,191 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SOMERVILLECDC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | THE SOMERVILLE COMMUNITY CORPORATION (SCC) IS A MEMBERSHIP ORGANIZATION THAT PROVIDES LEADERSHIP FOR SUSTAINING THE CITY OF SOMERVILLE AS A VIBRANT, DIVERSE AND TOLERANT COMMUNITY. WE OFFER SERVICES AND LEAD COMMUNITY ORGANIZING THAT SUPPORTS LOW- AND MODERATE-INCOME SOMERVILLE RESIDENTS IN THEIR EFFORTS TO ACHIEVE ECONOMIC SUSTAINABILITY AND INCREASE CIVIC PARTICIPATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 45 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,043,454 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,463,185 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,774,400 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,859,204 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,706 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,757 | CYInvestmentIncomeAmt |
| PY Other Revenue | $69,667 | PYOtherRevenueAmt |
| CY Other Revenue | $133,045 | CYOtherRevenueAmt |
| PY Total Revenue | $3,894,227 | PYTotalRevenueAmt |
| CY Total Revenue | $4,458,191 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,000 | 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 | $1,274,203 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,029,215 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $119,910 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,695,985 | PYOtherExpensesAmt |
| CY Other Expenses | $3,904,942 | CYOtherExpensesAmt |
| PY Total Expenses | $4,990,188 | PYTotalExpensesAmt |
| CY Total Expenses | $4,934,157 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,095,961 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$475,966 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $57,620,146 | TotalAssetsBOYAmt |
| Total Assets EOY | $51,767,893 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $58,965,824 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $53,900,210 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$1,345,678 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$2,132,317 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE SOMERVILLE COMMUNITY CORPORATION (SCC) IS A MEMBERSHIP ORGANIZATION THAT PROVIDES LEADERSHIP FOR SUSTAINING THE CITY OF SOMERVILLE AS A VIBRANT, DIVERSE AND TOLERANT COMMUNITY. WE OFFER SERVICES AND LEAD COMMUNITY ORGANIZING THAT SUPPORTS LOW- AND MODERATE-INCOME SOMERVILLE RESIDENTS IN THEIR EFFORTS TO ACHIEVE ECONOMIC SUSTAINABILITY AND INCREASE CIVIC PARTICIPATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,262,670 | ExpenseAmt |
| Revenue | $2,859,204 | RevenueAmt |
| Desc | RENTAL PROGRAMS - SIX OF SCC'S RENTAL HOUSING DEVELOPMENTS ARE OWNEDDIRECTLY BY SCC: THE 12 ONE AND TWO-BEDROOM UNITS AT 110 WALNUTSTREET; THE 6 THREE-BEDROOOM UNITS AT 109 GILMAN STREET; THE 18 TWO,THREE AND FOUR BEDROOM UNITS AT 33 BOW STREET; THE 14 SINGLE ROOMOCCUPANCY UNITS ON SEWALL STREET; THE 42 UNITS AT LINDEN STREET; AND THE 8 ONE AND TWO-BEDROOM UNITS AT 75 CROSS STREET. ALL OF SCC'S RENTAL PROPERTIES, INCLUDING 161 UNITS OWNED THROUGH LLCS, ARE MANAGED BY WINGATE MANAGEMENT COMPANY, UNDER CONTRACT WITH SCC. THIS PROGRAM IS HIGHLY SUCCESSFUL IN PROVIDING HOUSING FOR RESIDENTS, HOWEVER THE DEPRECIATION ON THESE BUILDINGS IS $849,054 CAUSING A NON-CASH LOSS TO SCC. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $583,175 | ExpenseAmt |
| Revenue | $133,045 | RevenueAmt |
| Desc | HOUSING DEVELOPMENT - SCC DEVELOPS AND PRESERVES AFFORDABLE RENTAL AND OWNERSHIP UNITS AND COMMERCIAL SPACE IN SOMERVILLE TO MAINTAIN AND STRENGTHEN THE SOCIOECONOMIC DIVERSITY OF THE CITY. IN TOTAL SCC MANAGES 117 SCATTERED SITE AFFORDABLE UNITS DIRECTLY, WHILE CONTRACTING WITH A THIRD-PARTY PROPERTY MANAGER TO MANAGE ANOTHER 219 UNITS IN LARGER MULTIFAMILY PROPERTIES.HIGHLIGHTS FROM THE REAL ESTATE TEAM'S 2021 ACCOMPLISHMENTS INCLUDE: -ADDING 8 ADDITIONAL AFFORDABLE UNITS TO OUR PORTFOLIO, DUE TO OUR ACQUISITION OF 35/37 LINDEN STREET AND REHAB OF 72 MARSHALL ST.-CLOSING SALES ON 6 OF THE 11 UNITS DEVELOPED AT 163 GLEN ST (WITH THE REMAINING UNITS SCHEDULED TO CLOSE IN THE FIRST QUARTER OF 2022).-ADDING A COMMUNITY ENGAGEMENT SPECIALIST TO THE PROPERTY MANAGEMENT TEAM TO PROVIDE A HIGHER LEVEL OF SERVICES AND ENGAGEMENT FOR THE RESIDENTS OF OUR PROPERTIESSCC'S REAL ESTATE WORK-IN-PROGRESS CURRENTLY INCLUDES SERVING AS A DEVELOPMENT PARTNER ON THREE LARGER MULTIFAMILY DEVELOPMENTS ACROSS THE CITY OF SOMERVILLE. THE LARGEST AND FURTHEST ALONG OF THESE IS THE REDEVELOPMENT OF CLARENDON HILL, AN EXISTING SOMERVILLE HOUSING AUTHORITY (SHA) SITE. SCC IS PARTNERING WITH SHA, PRESERVATION OF AFFORDABLE HOUSING (POAH), AND REDGATE TO DEVELOP 591 TOTAL UNITS OF NEW HOUSING: 216 AFFORDABLE HOUSING UNITS, 80 NEW MODERATE-INCOME UNITS, AND 295 NEW MARKET RATE UNITS. CONSTRUCTION ON THE AFFORDABLE UNITS IS EXPECTED TO BEGIN IN MID-2022. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $447,762 | ExpenseAmt |
| Desc | ECONOMIC OPPORTUNITY - SCC WORKS TO PRESERVE THE CITY'S SOCIAL, ECONOMIC AND CULTURAL DIVERSITY AND COUNTERS YEARS OF UNEQUAL OPPORTUNITY BY OFFERING PROGRAMS AND SERVICES FOCUSED ON HELPING PEOPLE FIND GOOD LOCAL JOBS, ACHIEVE FINANCIAL STABILIZATION AND SUSTAINABILITY, AND MAKE THE DREAM OF AFFORDABLE HOMEOWNERSHIP A REALITY.IN 2021, THE ECONOMIC OPPORTUNITY TEAM HAD THE FOLLOWING ACHIEVEMENTS:FIRST SOURCE PROGRAM-SERVED 247 JOB SEEKERS-PLACED 73 JOB SEEKERS INTO NEW JOBS-HELD 58 JOB WORKSHOPS AND REACHED 433 JOB SEEKERS-AVERAGE STARTING WAGE AT INTAKE WAS $16.80-AVERAGE HIRED WAGE WAS $19.80ASSET BUILDING PROGRAM-HELD 11 HOMEBUYER EDUCATION SESSIONS WITH 410 PARTICIPANTS-312 OF THOSE PARTICIPANTS EARNED LESS THAN 80% HUD MEDIAN INCOME-HAD 52 ONE-ON-ONE INDIVIDUAL FINANCIAL COACHING SESSIONS ON TOPICS THAT INCLUDED FAIR HOUSING, BUDGETING, FINANCES, RENTAL ASSISTANCE AND MORE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $98,283 | ExpenseAmt |
| Desc | COMMUNITY ORGANIZING - SCC HELPS TO MAKE SOMERVILLE MORE LIVABLE, SUSTAINABLE, AND INCLUSIVE BY INCREASING AND DIVERSIFYING HOUSING OPTIONS, AS WELL AS ORGANIZING IN THE COMMUNITY AROUND AFFORDABLE HOUSING POLICIES.-WE REGULARLY ORGANIZE TENANTS OF "EXPIRING USE" PROPERTIES TO ENSURE THAT RENTS STAY AFFORDABLE. WE HAVE LED EXPIRING USE CAMPAIGNS THROUGHOUT THE CITY AND HELPED TO PRESERVE MORE THAN 200 AFFORDABLE UNITS-WITH SUPPORT FROM THE CITY OF SOMERVILLE AND THE HOUSING OF OFFICE STABILITY, WE HAVE SUPPORTED EFFORTS TO PASS THE REAL ESTATE TRANSFER FEE AT A STATEWIDE LEVEL TO CONTINUE TO ENHANCE THE PRODUCTION OF AFFORDABLE HOUSING ACROSS THE STATE-WE CONTINUE TO ADD OUR NAME AND SUPPORT TO TOPA (TENANTS OPPORTUNITY PROTECTIONS ACT), WHICH IS LEGISLATION THAT SUPPORTS TENANTS IN HAVING "RIGHTS OF FIRST REFUSAL", WHEN A BUILDING IS GOING TO BE SOLD, THUS ELIMINATING UNNECESSARY DISPLACEMENT-EARLY DURING THE YEAR, WE SIGNED THE "GUARANTEED HOUSING STABILITY ACT" THAT CREATED AN EVICTION MORATORIUM, SO THAT FAMILIES COULD REMAIN IN THEIR HOMES DURING THE COVID-19 EPIDEMIC-LAUNCHED A COALITION WITH SEVERAL LOCAL AGENCIES, INCLUDING MAHA, IN SUPPORT OF ARPA FUNDING FOR FIRST TIME HOMEBUYERSCOMMUNITY ORGANIZING & TENANT OUTREACH HIGHLIGHTS ALSO INCLUDE:-ASSISTED 25 TENANTS WITH OBTAINING SUBSIDIZED HOUSING EMERGENCY RENTAL ASSISTANCE (SHERA)-KEPT 164 TENANTS CONTINUOUSLY INFORMED REGARDING THE CLARENDON HILL REDEVELOPMENT-REACHED THE LOCAL COMMUNITY AT EVENTS SUCH AS BOYNTON YARDS JOB FAIR, OKTOBERFEST, AND SOMERVILLE WINTER FARMERS MARKET-DELIVERED OVER 170 GIFT CARDS TO SUPPORT FAMILIES THROUGH THE HOLIDAY SEASON-FACILITATED THE DONATION OF OVER 200 POUNDS OF FOOD TO SOMERVILLE HOMELESS COALITION | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $98,283 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $4,391,890 | 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 | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | 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 | 0 | 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 | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 21 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | FRANNIE CHAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6174109912 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 337 SOMERVILLE AVE | AddressLine1Txt |
| City | SOMERVILLE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02143 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| GONZALO PUIGBO | ||||||
| CEO | 37.50 | Yes (X) | $160,000 | $0 | $0 | |
| MARCIA KITTREDGE | ||||||
| CONTROLLER | 37.50 | Yes (X) | $92,144 | $0 | $6,259 | |
| KATHY MCGILVRAY | ||||||
| PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| STEPHANIE TOEWS-MOELING | ||||||
| VICE-PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CASSIE ARNAUD | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| EZRA HABER GLEN | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| MICHELLE APIGIAN | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| SILVANA DINKA | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| KATHLEEN EVANS | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| MARIA TERESA RICOY | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| NATACHA THEODORE | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| MARJORIE JACQUES THERMIDOR | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| MULUGETA ZEGEYE | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| VALERIE ZINKUS | ||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | |
| VAN HARDY | ||||||
| DIRECTOR (THROUGH 11/2021) | 2.00 | $0 | $0 | $0 | Yes (X) | |
| LAURIE GOLDMAN | ||||||
| DIRECTOR (THROUGH 09/2021) | 2.00 | $0 | $0 | $0 | Yes (X) | |
| ROSE WHITE | ||||||
| DIRECTOR (THROUGH 04/2021) | 2.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $252,144 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $6,259 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $100,000 | FederatedCampaignsAmt |
| Government Grants | $937,195 | GovernmentGrantsAmt |
| All Other Contributions | $425,990 | AllOtherContributionsAmt |
| Total Contributions | $1,463,185 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME | 532000 | $2,652,691 | $2,652,691 |
| TENANT SERVICES | 532000 | $206,513 | $206,513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,859,204 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,757 | TotalRevenueColumnAmt |
| Exclusion | $2,757 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS | 900099 | $67,157 | $67,157 |
| INSURANCE PROCEEDS | 900099 | $65,888 | $65,888 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $133,045 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,458,191 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,992,249 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,757 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,403 | TotalAmt |
| Program Services | $135,362 | ProgramServicesAmt |
| Management And General | $81,202 | ManagementAndGeneralAmt |
| Fundraising | $41,839 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $634,625 | TotalAmt |
| Program Services | $532,821 | ProgramServicesAmt |
| Management And General | $68,157 | ManagementAndGeneralAmt |
| Fundraising | $33,647 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120 | TotalAmt |
| Management And General | $120 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,342 | TotalAmt |
| Program Services | $56,043 | ProgramServicesAmt |
| Management And General | $9,879 | ManagementAndGeneralAmt |
| Fundraising | $8,420 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,725 | TotalAmt |
| Program Services | $47,284 | ProgramServicesAmt |
| Management And General | $9,135 | ManagementAndGeneralAmt |
| Fundraising | $5,306 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,137 | TotalAmt |
| Program Services | $38,137 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,021 | TotalAmt |
| Program Services | $59,176 | ProgramServicesAmt |
| Management And General | $7,845 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,100 | TotalAmt |
| Program Services | $37,400 | ProgramServicesAmt |
| Management And General | $118,700 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,216 | TotalAmt |
| Program Services | $132,553 | ProgramServicesAmt |
| Management And General | $23,754 | ManagementAndGeneralAmt |
| Fundraising | $7,909 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,411 | TotalAmt |
| Program Services | $44,100 | ProgramServicesAmt |
| Management And General | $14,643 | ManagementAndGeneralAmt |
| Fundraising | $2,668 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,338,608 | TotalAmt |
| Program Services | $2,272,345 | ProgramServicesAmt |
| Management And General | $57,452 | ManagementAndGeneralAmt |
| Fundraising | $8,811 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,473 | TotalAmt |
| Program Services | $1,960 | ProgramServicesAmt |
| Management And General | $2,902 | ManagementAndGeneralAmt |
| Fundraising | $3,611 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $902,878 | TotalAmt |
| Program Services | $879,878 | ProgramServicesAmt |
| Management And General | $21,431 | ManagementAndGeneralAmt |
| Fundraising | $1,569 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBTS | $105,937 | $105,937 | ||
| MISCELLANEOUS | $61,944 | $48,677 | $7,137 | $6,130 |
| DEFERRED INTEREST | $217 | $217 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,934,157 | TotalAmt |
| Program Services | $4,391,890 | ProgramServicesAmt |
| Management And General | $422,357 | ManagementAndGeneralAmt |
| Fundraising | $119,910 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $744,618 | BOYAmt |
| EOY | $315,666 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,578 | BOYAmt |
| EOY | $25,624 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,812 | BOYAmt |
| EOY | $253,706 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,019 | BOYAmt |
| EOY | $231,480 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,500 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,575 | BOYAmt |
| EOY | $110,378 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $51,576,373 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,596,442 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,333,868 | BOYAmt |
| EOY | $46,979,931 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,944,176 | BOYAmt |
| EOY | $3,851,108 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,620,146 | BOYAmt |
| EOY | $51,767,893 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $730,545 | BOYAmt |
| EOY | $1,073,217 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,962,028 | BOYAmt |
| EOY | $42,605,672 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $273,251 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $10,221,321 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,965,824 | BOYAmt |
| EOY | $53,900,210 | 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 | -$1,435,678 | BOYAmt |
| EOY | -$2,238,805 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,000 | BOYAmt |
| EOY | $106,488 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,345,678 | BOYAmt |
| EOY | -$2,132,317 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,620,146 | BOYAmt |
| EOY | $51,767,893 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$475,966 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$310,673 | 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 | $912,598 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,544,410 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,302,497 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,043,454 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,463,185 | CurrentTaxYearAmt |
| Total | $6,266,144 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $912,598 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,544,410 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,302,497 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,043,454 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,463,185 | CurrentTaxYearAmt |
| Total | $6,266,144 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $151,066 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,115,078 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,680 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,575 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,972 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,706 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,757 | CurrentTaxYearAmt |
| Total | $44,690 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,310,834 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $10,535,768 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.96900 | PublicSupportCY170Pct |
| Public Support PY170 | 0.95160 | 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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,258,471 | OtherCostOrOtherBasisAmt |
| Book Value | $16,258,471 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $35,228,755 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,596,442 | DepreciationAmt |
| Book Value | $30,632,313 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $89,147 | OtherCostOrOtherBasisAmt |
| Book Value | $89,147 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $46,979,931 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| PROJECTS UNDER DEVELOPMENT | $2,331,477 |
| DUE FROM RELATED PARTIES | $600,937 |
| RESTRICTED CASH | $915,694 |
| DEPOSITS | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,851,108 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONDITIONAL GRANT ADVANCE | Desc |
| Amt | $10,221,321 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,221,321 | 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 | THE CORPORATION ACCOUNTS 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. THE CORPORATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2021. | ExplanationTxt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GONZALO PUIGBO | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $160,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $160,000 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | SCC'S MEMBERS HAVE THE RIGHT TO ELECT BOARD MEMBERS AND VOTE FOR THE OFFICERS OF THE CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | SCC HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | CHANGES TO SCC'S BYLAWS ARE MADE BY THE BOARD OF DIRECTORS AND SUBJECT TO THE APPROVAL OF THE MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | EACH BOARD MEMBER RECEIVES ELECTRONIC AND HARD COPIES OF THE FORM 990, AND IS GIVEN THE OPPORTUNITY TO RAISE QUESTIONS AND SEEK CLARIFICATION IN ADVANCE OF THE FINAL BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL SENIOR MANAGERS AND BOARD MEMBERS ARE REQUIRED TO SIGN AND DISCLOSE ANY CONFICT OF INTEREST ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SCC EXECUTIVE COMMITTEE, LED BY THE BOARD VICE PRESIDENT, CONDUCTS AN ANNUAL REVIEW OF THE CEO'S PERFORMANCE, INCLUDING AN ASSESSMENT OF SALARY AND CONSIDERATION FOR ADDITIONAL COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST |
| FORM 990, PART XI, LINE 9: | TRANSFER OF NET ASSETS -310,673. |
| FORM 990, PART XII, LINE 2C: | THERE HAVE BEEN NO PROCEDURAL CHANGES IN HOW THE FINANCE COMMITTEE SELECTS ITS INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| WALNUT STREET APARTMENT LLC | |||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 237293380 | LOW INCOME HOUSING | MA | $296,654 | $1,937,446 | SOMERVILLE COMMUNITY CORPORATION |
| 109 GILMAN STREET LLC | |||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 237293380 | LOW INCOME HOUSING | MA | $131,033 | $1,274,243 | SOMERVILLE COMMUNITY CORPORATION |
| 75 CROSS STREET LLC | |||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 273400323 | LOW INCOME HOUSING | MA | $220,443 | $2,312,611 | SOMERVILLE COMMUNITY CORPORATION |
| ST POLYCARP REDEVELOPMENT LLC | |||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 237293380 | LOW INCOME HOUSING | MA | $0 | $0 | SOMERVILLE COMMUNITY CORPORATION |
| SOMERVILLE HOMEOWNERSHIP LLC | |||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 237293380 | LOW INCOME HOUSING | MA | $0 | $0 | SOMERVILLE COMMUNITY CORPORATION |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LINDEN STREET LIMITED PARTNERSHIP | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 043583069 | LOW INCOME HOUSING | MA | LINDEN STREET DEVELOPMENT INC | N/A | -$176,405 | $3,322,443 | 0 | 0 | 0.99990 | |
| 33 BOW STREET LIMITED PARTNERSHIP | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 043262929 | LOW INCOME HOUSING | MA | 33 BOW STREET INC | N/A | -$233,805 | $232,113 | 0 | 0 | 0.99000 | |
| SAINT POLYCARP APARTMENTS LLC | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 010905042 | LOW INCOME HOUSING | MA | 0 | 0 | ||||||
| SAINT POLYCARP APARTMENTS 2 LLC | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 273443525 | LOW INCOME HOUSING | MA | 0 | 0 | ||||||
| SAINT POLYCARPS APARTMENTS 3 LLC | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 383886850 | LOW INCOME HOUSING | MA | 0 | 0 | ||||||
| GLEN CONDOS LLC | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 821088881 | LOW INCOME HOUSING | MA | N/A | $3,149,273 | 0 | 0 | 0.51000 | N/A | ||
| UNION SQUARE APARTMENTS LLC | ||||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 472740758 | LOW INCOME HOUSING | MA | 0 | 0 | ||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SAINT POLYCARP APARTMENTS MM LLC | ||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 260743997 | LOW INCOME HOUSING | MA | N/A | C | -$1,275 | $79 | 0.79000 | Yes (1) |
| LINDEN STREET DEVELOPMENT INC | ||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 043582563 | LOW INCOME HOUSING | MA | N/A | C | -$1,150 | $789,757 | 0.79000 | Yes (1) |
| 33 BOW STREET INC | ||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 043262934 | LOW INCOME HOUSING | MA | N/A | C | -$1,092 | 0.75000 | Yes (1) | |
| SAINT POLYCARP APARTMENTS 2 MM LLC | ||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 273443018 | LOW INCOME HOUSING | MA | N/A | C | -$1,262 | $79 | 0.79000 | Yes (1) |
| SAINT POLYCARP APARTMENTS 3 MM LLC | ||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 460972242 | LOW INCOME HOUSING | MA | N/A | C | -$1,604 | $100 | 1.00000 | Yes (1) |
| UNION SQUARE APARTMENTS MM LLC | ||||||||||||
| 337 SOMERVILLE AVE 2ND FLOOR | SOMERVILLE | MA | 02143 | 422721097 | LOW INCOME HOUSING | MA | N/A | C | -$1,581 | 1.00000 | Yes (1) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | 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 | Yes (1) | 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 | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | 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 | Yes (1) | 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 |
|---|---|---|
| 33 BOW STREET LIMITED PARTNERSHIP | ||
| D | $1,157,500 | FAIR MARKET VALUE |
| GLEN CONDOS LLC | ||
| D | $73,097 | FAIR MARKET VALUE |