NUESTRA COMUNIDAD DEVELOPMENT CORP: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
NUESTRA COMUNIDAD DEVELOPMENT CORP (EIN 04-2741543)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202123199349325947
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-15T17:37:02-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 FORBES ROADAddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042741543EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NUESTRA COMUNIDAD DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNUESBusinessNameControlTxt
Phone6174273599PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 WARREN STREET NO 200AddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID PRICEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6174273599PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAVIDPersonFirstNm
Person LastPRICEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOLANTA TUCK CPAPreparerPersonNm
PTINP01340068PTIN
Phone7813803520PhoneNum
Preparation2021-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID PRICEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 WARREN STREET NO 200AddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,463,666GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NUESTRACDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionNUESTRA COMUNIDAD IS DEVOTED TO BUILDING THE WEALTH AND ENHANCING THEPHYSICAL, ECONOMIC, AND SOCIAL WELL-BEING OF ROXBURY AND OTHERUNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVENPROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD WELL-BEING OF ROXBURY AND OTHER UNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVEN PROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD REVITALIZATION.A NON-PROFIT SMALL BUSINESS, NUESTRA IS ONE OF BOSTON'S OLDEST AND MOSTSUCCESSFUL COMMUNITY DEVELOPMENT CORPORATIONS. SINCE 1981, NUESTRA HAS BEEN A CATALYST IN THE REDEVELOPMENT OF THE DUDLEY SQUARE, ROXBURY, AND NORTH DORCHESTER NEIGHBORHOODS. LED BY A COMMUNITY-BASED BOARD, NUESTRA IS IN THE BUSINESS OF CREATING COMMUNITIES OF OPPORTUNITY AND EQUITY FOR RESIDENTS AND BUSINESSES, WHERE THEY CAN HAVE A STABLE HOME, INCREASE THEIR INCOME, IMPROVE NEIGHBORHOOD HEALTH AND GAIN WEALTH.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$840,265PYContributionsGrantsAmt
CY Contributions Grants$1,427,756CYContributionsGrantsAmt
PY Program Service Revenue$3,329,679PYProgramServiceRevenueAmt
CY Program Service Revenue$2,025,551CYProgramServiceRevenueAmt
PY Investment Income$85,295PYInvestmentIncomeAmt
CY Investment Income$264,015CYInvestmentIncomeAmt
PY Other Revenue-$206,203PYOtherRevenueAmt
CY Other Revenue-$273,421CYOtherRevenueAmt
PY Total Revenue$4,049,036PYTotalRevenueAmt
CY Total Revenue$3,443,901CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$27,937CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,618,903PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$32,395CYTotalFundraisingExpenseAmt
PY Other Expenses$3,478,723PYOtherExpensesAmt
CY Other Expenses$5,225,349CYOtherExpensesAmt
PY Total Expenses$6,097,626PYTotalExpensesAmt
CY Total Expenses$5,253,286CYTotalExpensesAmt
PY Revenues Less Expenses-$2,048,590PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,809,385CYRevenuesLessExpensesAmt
Total Assets BOY$32,049,014TotalAssetsBOYAmt
Total Assets EOY$37,393,620TotalAssetsEOYAmt
Total Liabilities BOY$16,391,458TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,545,449TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,657,556NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,848,171NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNUESTRA COMUNIDAD IS DEVOTED TO BUILDING THE WEALTH AND ENHANCING THEPHYSICAL, ECONOMIC, AND SOCIAL WELL-BEING OF ROXBURY AND OTHERUNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVENPROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD WELL-BEING OF ROXBURY AND OTHER UNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVEN PROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD REVITALIZATION.A NON-PROFIT SMALL BUSINESS, NUESTRA IS ONE OF BOSTON'S OLDEST AND MOSTSUCCESSFUL COMMUNITY DEVELOPMENT CORPORATIONS. SINCE 1981, NUESTRA HAS BEEN A CATALYST IN THE REDEVELOPMENT OF THE DUDLEY SQUARE, ROXBURY, AND NORTH DORCHESTER NEIGHBORHOODS. LED BY A COMMUNITY-BASED BOARD, NUESTRA IS IN THE BUSINESS OF CREATING COMMUNITIES OF OPPORTUNITY AND EQUITY FOR RESIDENTS AND BUSINESSES, WHERE THEY CAN HAVE A STABLE HOME, INCREASE THEIR INCOME, IMPROVE NEIGHBORHOOD HEALTH AND GAIN WEALTH.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,529,282ExpenseAmt
Revenue$853,937RevenueAmt
DescREAL ESTATE DEVELOPMENT LINE OF BUSINESS:THE REAL ESTATE DEVELOPMENT PROGRAM ADDS TO OR PRESERVES THE INVENTORY OF AFFORDABLE HOUSING IN BOSTON'S UNDERSERVED NEIGHBORHOODS OF ROXBURY, DORCHESTER AND MATTAPAN EITHER BY DEVELOPING NEW PROPERTIES OR BY REHABBING EXISTING PROPERTIES. OFTEN THESE ARE MIXED-USE PROPERTIES WHERE THE AGENCY ALSO ADDS OR PRESERVES RETAIL AND OTHER COMMERCIAL SPACE TO ENHANCE THE VITALITY OF THE NEIGHBORHOODS SERVED. ALSO, PROJECTS OFFERING RETAIL OR COMMERCIAL SPACE ARE OCCASIONALLY UNDERTAKEN. THE AGENCY PROVIDES OPPORTUNITIES FOR RESIDENTS TO ACQUIRE ASSETS AND BUILD EQUITY BY DEVELOPING HOMEOWNERSHIP HOUSING. THE AGENCY IS NOW PLANNING TO DEVELOP SOME MARKET-RATE HOUSING AS A COMMUNITY-DESIRED COMPLEMENT TO THE NEIGHBORHOODS' AFFORDABLE HOUSING. THE AGENCY'S THEORY OF CHANGE IS PROVIDING STABLE, AFFORDABLE, HIGH QUALITY RENTAL HOUSING, WHICH CREATES A PLATFORM FOR LONGTERM SUCCESS, INCLUDING IMPROVED EDUCATIONAL AND ECONOMIC OUTCOMES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$379,125ExpenseAmt
Grant$27,937GrantAmt
Revenue$242,962RevenueAmt
DescASSET MANAGEMENT AND RESIDENT SERVICES LINES OF BUSINESS: THE ASSET MANAGEMENT PROGRAM CREATES ACTION PLANS TAILORED FOR EACH RENTAL PROPERTY DETAILING THE KEY CHALLENGES FACING THE PROPERTY AND THE STRATEGY FOR ADDRESSING THESE CHALLENGES. IN RECENT YEARS, THE AGENCY HAS AGGRESSIVELY REFINANCED FIRST MORTGAGES TO TAKE ADVANTAGE OF LOWER INTEREST RATES RESULTING IN INCREASED CASH FLOW AND FREEING UP RESOURCES FOR NEEDED REPAIRS AND ESSENTIAL RESIDENT SERVICES. THE AGENCY SEEKS OUT CAPITAL FUNDS FOR NEEDED REPAIRS AND RAISES FUNDS FROM EACH PROPERTY'S RESERVES AND CASH FLOW FOR THESE REPAIRS.THE RESIDENT SERVICES PROGRAM FOCUSES ON THE RESIDENTS, BOTH LIVING IN THE AGENCY'S PROPERTIES AND THE SURROUNDING UNDERSERVED NEIGHBORHOODS BY PROVIDING COMMUNITY BUILDING SERVICES THAT HELP RESIDENTS IMPROVE THE QUALITY OF LIFE FOR THEIR HOUSEHOLDS AND THEIR NEIGHBORHOODS AND SIMULTANEOUSLY DEVELOP NEIGHBORHOOD RESIDENTS' CAPACITY TO LEAD COMMUNITY DEVELOPMENT. OUTCOMES INCLUDE EMPOWERING RESIDENTS TO HAVE PRIDE IN THEIR COMMUNITY, AND THAT SUSTAINABLE BUSINESSES MEET THE NEEDS OF COMMUNITY RESIDENTS AND ATTRACT OTHER BUSINESSES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$207,771ExpenseAmt
Revenue$367,513RevenueAmt
DescCOMMUNITY ENGAGEMENT AND HOUSING LINES OF BUSINESS:THE COMMUNITY ENGAGEMENT PROGRAM FOSTERS COMMUNITY LEADERSHIP AND SUPPORTS COMMUNITY MEMBERS TO HAVE A DECISIVE VOICE IN SHAPING THE FUTURE OF OUR COMMUNITIES. THIS PRORGRAM IMPLEMENTS A CULTURAL ECONOMIC DEVELOPMENT WHICH USES ARTS AND CULTURAL EVENTS TO CREATE ECONOMIC OPPORTUNITY FOR LOCAL MINORITY BUSINESS ENTERPRISES INCLUDING ARTISTS, AND TO ENGAGE NEIGHBORS IN CELEBRATING AND ANCHORING IN THE COMMUNITY BLACK, LATINO AND IMMIGRANT CULTURES AND CULTURAL WORKERS.THE HOUSING COUNSELING PROGRAM PROVIDES EMERGENCY COUNSELING ASSISTANCE TO INDIVIDUALS AND FAMILIES ACROSS BOSTON WHO ARE AT IMMINENT RISK OF LOSING THEIR RENTAL HOUSING OR THOSE HAVE RECENTLY LOST THEIR HOUSING THROUGH EVICTION, DISASTER OR OTHER REASONS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,131,860ExpenseAmt
Revenue$514,187RevenueAmt
DescRENTAL PROPERTIES - THE RENTAL PROPERTIES THROUGH 2020, NUESTRA OWNED AND MANAGED RESIDENTIAL APARTMENTS THAT PROVIDE AN AFFORDABLE HOME FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. A THIRD PARTY VENDOR, WINN RESIDENTIAL (WINN), PROVIDES PROPERTY MANAGEMENT SERVICES ON THE AGENCY' BEHALF AND WORKS CLOSELY WITH NUESTRA'S RESIDENT SERVICES AND ASSET MANAGEMENT TEAMS TO ENSURE THAT THE AGENCY'S PROPERTIES PROVIDE RESIDENTSWITH A HIGH-QUALITY AFFORDABLE HOME.WINN RESIDENTIAL HAS COLLABORATED WITH ASSET MANAGEMENT AND RESIDENT SERVICES IN PROVIDING EMERGENCY RENTAL ASSISTANCE TO HOUSEHOLDS WHO HAVE FALLEN BEHIND IN RENT PAYMENTS DUE TO THE COVID-19 PANDEMIC. THIS CRITICAL ASSISTANCE HAS SUSTAINED THE TENANCY OF HUNDREDS OF TENANTS DURING 2020.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,131,860TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$514,187TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$4,248,038TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document35IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVID PRICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179891223PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 WARREN STREET SUITE 200AddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
DAVID PRICE
EXECUTIVE DIRECTOR46.000.00Yes (X)$0$158,971$31,924
WILLIAM GORDON
SR. VP OF REAL ESTATE46.000.00$0$154,296$20,477Yes (X)
MONICA DEAN
VP OF RESIDENT SEVICES46.000.00$0$104,936$27,284Yes (X)
SHERREE CAPELLO
FINANCIAL CONTROLLER46.000.00Yes (X)$0$129,500$42,810
WILLIAM MORRISON
CHIEF FINANCIAL OFFICER46.000.00Yes (X)$0$37,500$16,601
DONNA M CRAMER
BOARD PRESIDENT1.004.00Yes (X)$0$0$0Yes (X)
MARILYN SANCHEZ
BOARD VICE PRESIDENT1.004.00Yes (X)$0$0$0Yes (X)
KELVIN JUARBE
BOARD TREASURER1.000.00Yes (X)$0$0$0Yes (X)
ALFONSO SIRA
BOARD CLERK1.000.00Yes (X)$0$0$0Yes (X)
MARIA LATIMORE
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
REGINALD BROWN
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
WILLIAM ELSBREE
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
JOSEPH PANCHAMSINGH
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
SCOTT POLLACK
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
CHARISSA REED
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
JOEL SKLAR
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
REV FRANCISCO A TOLENTINO
BOARD DIRECTOR1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$585,203TotReportableCompRltdOrgAmt
Total Other Compensation$139,096TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVIS SQUARE ARCHITECTSBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1240 ELM STREETAddressLine1Txt
CitySOMERVILLECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02144ZIPCd
FieldValueIRS element (for citing)
ServicesARCHITECTURE SERVICESServicesDesc
Compensation$315,898CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Federated Campaigns$211,226FederatedCampaignsAmt
Government Grants$83,333GovernmentGrantsAmt
All Other Contributions$1,133,197AllOtherContributionsAmt
Total Contributions$1,427,756TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531390$800,938$800,938
DEVELOPMENT FEES531390$627,468$627,468
TENANT SERVICES531390$367,513$367,513
ASSET MANAGEMENT FEES531390$126,373$126,373
SERVICE CONTRACTS531390$103,259$103,259
FieldValueIRS element (for citing)
Total Program Service Revenue$2,025,551TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,546TotalRevenueColumnAmt
Exclusion$37,546ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$277,010RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$563,761RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$286,751RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$286,751TotalRevenueColumnAmt
Exclusion-$286,751ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$7,682,473OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$7,456,004OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$226,469OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$226,469TotalRevenueColumnAmt
Exclusion$226,469ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,330TotalRevenueColumnAmt
Related Or Exempt Func Income$13,330RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$13,330OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,443,901TotalRevenueColumnAmt
Related Or Exempt Func Income$2,038,881RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$22,736ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$27,937TotalAmt
Program Services$27,937ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$47,789TotalAmt
Program Services$47,789ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$47,527TotalAmt
Program Services$39,177ProgramServicesAmt
Management And General$8,350ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$125,200TotalAmt
Program Services$32,494ProgramServicesAmt
Management And General$92,706ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,722,667TotalAmt
Program Services$1,168,354ProgramServicesAmt
Management And General$524,959ManagementAndGeneralAmt
Fundraising$29,354FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$294,272TotalAmt
Program Services$91,819ProgramServicesAmt
Management And General$199,756ManagementAndGeneralAmt
Fundraising$2,697FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$791,921TotalAmt
Program Services$644,495ProgramServicesAmt
Management And General$147,082ManagementAndGeneralAmt
Fundraising$344FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$257,406TotalAmt
Program Services$257,406ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
IMPAIRMENT LOSS$1,838,284$1,838,284
BAD DEBT EXPENSE$54,613$54,613
PROGRAM SUPPLIES AND EX$45,670$45,670

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,253,286TotalAmt
Program Services$4,248,038ProgramServicesAmt
Management And General$972,853ManagementAndGeneralAmt
Fundraising$32,395FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,557,196BOYAmt
EOY$1,376,838EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,018,897BOYAmt
EOY$570,906EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$100,848BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$728,146BOYAmt
EOY$290,289EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$207,190EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,155,894LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,442,900LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,932,597BOYAmt
EOY$4,712,994EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$2,635,058BOYAmt
EOY$2,635,058EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$21,076,272BOYAmt
EOY$27,600,345EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$32,049,014BOYAmt
EOY$37,393,620EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$913,775BOYAmt
EOY$2,556,918EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,393,131BOYAmt
EOY$9,454,731EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,600,000BOYAmt
EOY$1,500,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,484,552BOYAmt
EOY$10,033,800EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,391,458BOYAmt
EOY$23,545,449EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,770,293BOYAmt
EOY$6,737,528EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,887,263BOYAmt
EOY$7,110,643EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,657,556BOYAmt
EOY$13,848,171EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,049,014BOYAmt
EOY$37,393,620EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,809,385ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,169,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,333,478CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,488,848CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$840,265CurrentTaxYearMinus1YearAmt
Current Tax Year$1,427,756CurrentTaxYearAmt
Total$8,259,597TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,169,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,333,478CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,488,848CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$840,265CurrentTaxYearMinus1YearAmt
Current Tax Year$1,427,756CurrentTaxYearAmt
Total$8,259,597TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$876,462SubstantialContributorsTotAmt
Public Support Total170$7,383,135PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,004CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,746CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$55,359CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$85,295CurrentTaxYearMinus1YearAmt
Current Tax Year$37,546CurrentTaxYearAmt
Total$223,950TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,828CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,379CurrentTaxYearMinus1YearAmt
Current Tax Year$13,330CurrentTaxYearAmt
Total$35,537TotalAmt
FieldValueIRS element (for citing)
Total Support$8,519,084TotalSupportAmt
Gross Receipts Rltd Activities$12,103,527GrossReceiptsRltdActivitiesAmt
Public Support CY1700.86670PublicSupportCY170Pct
Public Support PY1700.88470PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2018 AMOUNT: $ 1,828. 2019 AMOUNT: $ 20,379. 2020 AMOUNT: $ 13,330.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$195,605OtherCostOrOtherBasisAmt
Book Value$195,605BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,755,938OtherCostOrOtherBasisAmt
Depreciation$2,296,952DepreciationAmt
Book Value$4,458,986BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$204,351OtherCostOrOtherBasisAmt
Depreciation$145,948DepreciationAmt
Book Value$58,403BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,712,994TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN AFFILIATESDesc
Book Value$2,635,058BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$2,635,058TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
PROJECTS UNDER DEVELOPMENT$6,617,357
DUE FROM RELATED PARTIES$16,552,273
LOANS RECEIVABLE$2,384,892
OTHER ASSETS$250,231
DEVELOPMENT FEE RECEIVABLE$1,795,592
FieldValueIRS element (for citing)
Total Book Value Other Assets$27,600,345TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DUE TO CONSOLIDATED ENTITIES$9,529,621
CONTINGENT DEBT$459,938
SECURITY DEPOSIT LIABILITY$44,241
FieldValueIRS element (for citing)
Total Liability$10,033,800TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationNUESTRA 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 AN INFORMATION RETURN. NUESTRA HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2020.ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID PRICE
EXECUTIVE DIRECTOR$0$158,971$0$0$0$0$0$0$0$31,924$0$190,895$0$0
WILLIAM GORDON
SR. VP OF REAL ESTATE$0$154,296$0$0$0$0$0$0$0$20,477$0$174,773$0$0
SHERREE CAPELLO
FINANCIAL CONTROLLER$0$129,500$0$0$0$0$0$0$0$42,810$0$172,310$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BMANAGEMENT PROVIDES A DRAFT OF THE TAX RETURN TO THE BOARD OF MANAGERS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE AUDITOR AND CONSIDERED FOR COMPLIANCE WITH RELEVANT TAX LAWS PRIOR TO BEING APPLIED AND THE TAX RETURN BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. NUESTRA HAS A MEMBER OF THE FINANCE COMMITTEE WHO IS THE COMPLIANCE OFFICER FOR THE ORGANIZATION. NUESTRA REQUIRES THAT EVERY MEMBER OF THE BOARD SIGN A CONFLICT OF INTEREST POLICY FORM ONCE A YEAR. THE ORGANIZATION INFORMS THE COMPLIANCE OFFICER WHEN ALL THE FORMS HAVE BEEN COMPLETED AND ARE ON FILE. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BOARD BOOK THAT IS USED AT EVERY BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 15AT THE TIME OF HIRING OF EACH EXECUTIVE DIRECTOR, THE BOARD MAY ENGAGE AN INDEPENDENT CONSULTANT TO REVIEW THE APPROPRIATE COMPENSATION FOR AN INDIVIDUAL HIRED TO CARRY OUT THE THEN-CURRENT JOB DESCRIPTION FOR THIS POSITION. AT THE TIME OF SUCH HIRING, THE BOARD SHALL REVIEW COMPARABILITY DATA ON EMPLOYMENT PROVIDED BY THE MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS, COMPARABILITY INFORMATION COMPILED BY A NATIONAL NETWORK OF COMMUNITY DEVELOPMENT CORPORATIONS OR OTHER SALARY COMPARABILITY DATA PREPARED BY AN INDEPENDENT ORGANIZATION FAMILIAR WITH THE NON-PROFIT FIELD. NUESTRA ALSO PURCHASES A GUIDESTAR COMPENSATION REPORT THAT IS USED AS PART OF THE SALARY REVIEW. THE CHAIR OF THE PERSONNEL COMMITTEE IS A BOARD MEMBER THAT WORKS AS AN HR CONSULTANT, SHE ASSISTS THE BOARD IN REVIEWING THE EXECUTIVE DIRECTORS COMPENSATION. THE BOARD MINUTES SHALL DOCUMENT THE PROCESS USED IN DETERMINING THE INITIAL COMPENSATION OF THE EXECUTIVE DIRECTOR AT THE TIME OF HIRING. SUBSEQUENTLY, AT THE TIME OF THE ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR, THE BOARD SHALL DETERMINE THE APPROPRIATE INCREASE IN COMPENSATION BASED ON PERFORMANCE IN ACHIEVING THE ANNUAL WORKPLAN AND COMPARABILITY DATA. A BONUS PAYMENT MAY BE AWARDED BASED ON PERFORMANCE IN ACHIEVING THE ANNUAL WORKPLAN, ACHIEVING ANY STRETCH GOALS THAT THE BOARD HAS SET FOR THE EXECUTIVE DIRECTOR AND/OR OTHER ACCOMPLISHMENTS.
FORM 990, PART VI, SECTION C, LINE 19NUESTRA MAINTAINS COPIES OF THE DOCUMENTS AT THEIR CORPORATE OFFICE AND MAKES THEM AVAILABLE UPON REQUEST. NUESTRA PROVIDES INFORMATION TO THE STATE AND FEDERAL AGENCIES AND THEIR ANNUAL TAX RETURN IS AVAILABLE ON GUIDESTAR.ORG.
FORM 990, PART IX, LINE 11GMANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 1,012,329. MANAGEMENT AND GENERAL EXPENSES 524,959. FUNDRAISING EXPENSES 24,932. TOTAL EXPENSES 1,562,220. OTHER CONTRACTORS: PROGRAM SERVICE EXPENSES 156,025. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 4,422. TOTAL EXPENSES 160,447.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
109 MOUNT PLEASANT LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236454998510LOW INCOME HOUSINGMA$220,224$2,595,687NUESTRA CDC
20 ALASKA STREET LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236042741543LOW INCOME HOUSINGMA$0$81,203NUESTRA CDC
DARTMOUTH COMMERCIAL LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236042741543PROVIDE COMMERCIAL RENTAL SPACEMA$215,094$220,691NUESTRA CDC
HARLOW HOWARD LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236042741543LOW INCOME HOUSINGMA$0$156,854NUESTRA CDC
INFILL 2 LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236043174353LOW INCOME HOUSINGMA$308,161$1,538,205NUESTRA CDC
KASANOF HOMES LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236261953417DEVELOPS FOR-SALE HOUSING ON THE SITE FOR INCOME ELIGIBLE INDIVIDUALSMA$226,469$1,162,768NUESTRA CDC
KASANOF LAND LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236261953468MAINTAINS OWNERSHIP OF THE LAND UPON WHICH KASANOF LLC AND KASANOF HOMES LLCMA$0$2,307,267NUESTRA CDC
NUESTRA QUINCY COMMONS COMMERCIAL LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236PROVIDE COMMERCIAL RENTAL SPACEMA$178,617$2,113,460NUESTRA CDC
NUESTRA QUINCY COMMONS LAND LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236DEVELOPING AFFORDABLE RENTAL HOUSING FOR LOW-INCOME SENIORSMA$0-$160,020NUESTRA CDC
WARREN STREET CORRIDOR REDEVELOPMENT LLC
56 WARREN STREET SUITE 200ROXBURYMA021193236451253087DEVELOPING AFFORDABLE RENTAL HOUSINGMA$0$0NUESTRA CDC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
BARTLETT PLACE LAND INC
56 WARREN STREET SUITE 200ROXBURYMA02119262106221AFFORDABLE MIXED-USE PROJECTSMA501(C)(3)509(A)(3) TYPE INUESTRA CDCYes (1)
BOSTON AGING CONCERNS YOUNG AND OLD UNITED
56 WARREN STREET SUITE 200ROXBURYMA02119510202535AFFORDABLE HOUSING FOR ELDERLY AND LOW INCOME INDIVIDUALSMA501(C)(3)10NUESTRA CDCYes (1)
NUESTRA DEVELOPMENT FUND INC
56 WARREN STREET SUITE 200ROXBURYMA02119752994759MANAGING LOANS FOR LOW INCOME INDIVIDUAL AND HOUSING PROJECTSMA501(C)(3)7NUESTRA CDCYes (1)
PALLADIO HALL CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119262458081COMMERCIAL RENTALS TO NON-PROFITS AND LOCAL BUSINESSESMA501(C)(3)509(A)(3) TYPE INUESTRA CDCYes (1)
ROXBURY DEVELOPMENT CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119043562970LOW INCOME HOUSINGMA501(C)(3)10NUESTRA CDCYes (1)
SWIFTY'S AUTO MALL INC
56 WARREN STREET SUITE 200ROXBURYMA02119043380739PROVIDE COMMERCIAL RENTAL SPACE, TECHNICAL ASSISTANCE, EMPLOYMENTMA501(C)(3)10NUESTRA CDCYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPct
35 WEST NEWTON LLC
56 WARREN STREET SUITE 200ROXBURYMA02119263319144LOW INCOME HOUSINGMAN/A00
ADAMS COURT PHASE A LLC
56 WARREN STREET SUITE 200ROXBURYMA02119261438405LOW INCOME HOUSINGMAN/A00
ADAMS COURT PHASE B LLC
56 WARREN STREET SUITE 200ROXBURYMA02119261438454LOW INCOME HOUSINGMAN/A00
BARTLETT B LEVERAGE LENDER LLC
56 WARREN STREET SUITE 200ROXBURYMA02119814697061LOW INCOME HOUSINGMA00NUESTRA CDCN/A$4,043$11,963,3930.95000
BARTLETT B LIHTC LLC
56 WARREN STREET SUITE 200ROXBURYMA02119814496538LOW INCOME HOUSINGMAN/A00
BARTLETT B NMTC LLC
56 WARREN STREET SUITE 200ROXBURYMA02119814514863LOW INCOME HOUSINGMAN/A00
BARTLETT PLACE LLC
56 WARREN STREET SUITE 200ROXBURYMA02119262106221LOW INCOME HOUSINGMAN/A00N/A-$2,188$1,309,9410.50000
DARTMOUTH HOTEL LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119043564230LOW INCOME HOUSINGMA00N/A0.99990
GRANDFAMILIES LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119043363997LOW INCOME HOUSINGMAN/A00
HOPE IN DORCHESTER LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119364484825LOW INCOME HOUSINGMAN/A00
HOWARD DACIA LLC
56 WARREN STREET SUITE 200ROXBURYMA02119043509744LOW INCOME HOUSINGMAN/A00
KASANOF LLC
56 WARREN STREET SUITE 200ROXBURYMA02119271098031LOW INCOME HOUSINGMAN/A00
LA CONCHA LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119043049981LOW INCOME HOUSINGMA00NUESTRA CDCRELATED$380,196$2,729,4740.99000
NUESTRA QUINCY COMMONS RESIDENTIAL LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119453246544LOW INCOME HOUSINGMAN/A00
SARGENT PRINCE LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119043229263LOW INCOME HOUSINGMAN/A00
STAFFORD HEIGHTS LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119043172923LOW INCOME HOUSINGMA00NUESTRA CDCRELATED$615,323$6,242,2710.99000
WASHINGTON PARK LIMITED PARTNERSHIP
56 WARREN STREET SUITE 200ROXBURYMA02119800842947LOW INCOME HOUSINGMAN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (24 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
11 MOUNT PLEASANT INC
56 WARREN STREET SUITE 200ROXBURYMA02119271136409LOW INCOME HOUSINGMANUESTRA CDCC$303,591$2,612,4731.000000
ADAMS COURT PHASE A INC
56 WARREN STREET SUITE 200ROXBURYMA02119204530425LOW INCOME HOUSINGMANUESTRA CDCC$790.790000
ADAMS COURT PHASE B INC
56 WARREN STREET SUITE 200ROXBURYMA02119261438405LOW INCOME HOUSINGMANUESTRA CDCC$790.790000
BARTLETT B LIHTC MM LLC
56 WARREN STREET SUITE 200ROXBURYMA02119814485439LOW INCOME HOUSINGMANUESTRA CDCC1.000000
DARTMOUTH HOTEL INC
56 WARREN STREET SUITE 200ROXBURYMA02119043564228LOW INCOME HOUSINGMANUESTRA CDCC$7540.790000
FOUR FOREST STREET CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119043205392LOW INCOME HOUSINGMANUESTRA CDCC$89,114$248,8471.000000
GRANDFAMILIES INC
56 WARREN STREET SUITE 200ROXBURYMA02119043363995LOW INCOME HOUSINGMAC0N/A
HOPE IN DORCHESTER CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119113650218LOW INCOME HOUSINGMAC0N/A
HOWARD DACIA RESIDENT CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119020607992LOW INCOME HOUSINGMANUESTRA CDCC1.000000
HOWARD DACIA INC
56 WARREN STREET SUITE 200ROXBURYMA02119043509741LOW INCOME HOUSINGMANUESTRA CDCC1.000000
KASANOF RENTAL INC
56 WARREN STREET SUITE 200ROXBURYMA02119271097903LOW INCOME HOUSINGMANUESTRA CDCC$5,000$31,6790.790000
LA CONCHA CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119042942280LOW INCOME HOUSINGMANUESTRA CDCC$1,5741.000000
NUESTRA DALY HOUSE CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119262171694LOW INCOME HOUSINGMANUESTRA CDCC$218,727$1,028,5771.000000
NUESTRA QUINCY COMMONS RESIDENTIAL GP INC
56 WARREN STREET SUITE 200ROXBURYMA02119453234588LOW INCOME HOUSINGMAC0N/A
NUESTRA QUINCY COMMONS RESIDENTIAL LP INC
56 WARREN STREET SUITE 200ROXBURYMA02119453243995LOW INCOME HOUSINGMANUESTRA CDCC$5,622,4731.000000
NUESTRA WEST NEWTON CORP
56 WARREN STREET SUITE 200ROXBURYMA02119263319144LOW INCOME HOUSINGMANUESTRA CDCC$1001.000000
ROXBURY TRIANGLE INC
56 WARREN STREET SUITE 200ROXBURYMA02119042914198LOW INCOME HOUSINGMANUESTRA CDCC$142,054$62,8471.000000
SARGENT PRINCE INC
56 WARREN STREET SUITE 200ROXBURYMA02119043229261LOW INCOME HOUSINGMANUESTRA CDCC$89,0901.000000
STAFFORD HEIGHTS COOPERTIVE CORPORATION
56 WARREN STREET SUITE 200ROXBURYMA02119043237875LOW INCOME HOUSINGMANUESTRA CDCC1.000000
STAFFORD HEIGHTS INC
56 WARREN STREET SUITE 200ROXBURYMA02119043172771LOW INCOME HOUSINGMANUESTRA CDCC$680.750000
THE NUESTRA QUINCY COMMONS CONDOMINIUM TRUST
56 WARREN STREET SUITE 200ROXBURYMA02119826799847LOW INCOME HOUSINGMAC0N/A
VILA NOVA APARTMENTS INC
56 WARREN STREET SUITE 200ROXBURYMA02119042842747LOW INCOME HOUSINGMANUESTRA CDCC$267,694$292,5531.000000
WASHINGTON PARK GP LLC
56 WARREN STREET SUITE 200ROXBURYMA02119461123564LOW INCOME HOUSINGMANUESTRA CDCC$900.900000
WAVERLY HOMES INC
56 WARREN STREET SUITE 200ROXBURYMA02119043295296LOW INCOME HOUSINGMANUESTRA CDCC1.000000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LA CONCHA LIMITED PARTNERSHIP
L$97,721FAIR MARKET VALUE
BARTLETT B LEVERAGE LENDER LLC
D$731,446FAIR MARKET VALUE
NUESTRA QUINCY COMMONS RESIDENTIAL GP
D$6,555,778FAIR MARKET VALUE
BARTLETT PLACE LAND INC
D$1,593,231FAIR MARKET VALUE
STAFFORD HEIGHTS LIMITED PARTNERSHIP
D$580,632FAIR MARKET VALUE

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