ISLAND HOUSING TRUST CORPORATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ISLAND HOUSING TRUST CORPORATION (EIN 02-0549245)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-04-26
IRS object ID
202131169349300928
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)
Return2021-04-26T12:01:30-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043097400PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KEVIN P MARTIN & ASSOCIATES PCBusinessNameLine1Txt

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)
EIN020549245EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ISLAND HOUSING TRUST CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlISLABusinessNameControlTxt
Phone5086931117PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POBOX 779AddressLine1Txt
CityWEST TISBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02575ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPHILIPPE JORDIPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5086931117PhoneNum
Signature2021-04-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPHILIPPEPersonFirstNm
Person LastJORDIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOLANTA TUCK CPAPreparerPersonNm
PTINP01340068PTIN
Phone7813803520PhoneNum
Preparation2021-04-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
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 OfficerPHILIPPE JORDIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POBOX 779AddressLine1Txt
CityWEST TISBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02575ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,850,880GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.IHTMV.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE DEVELOPMENT AND STEWARDSHIP OF AFFORDABLE HOUSING ON THE ISLAND OF MARTHA'S VINEYARD, MASS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers63TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,156,153PYContributionsGrantsAmt
CY Contributions Grants$4,683,568CYContributionsGrantsAmt
PY Program Service Revenue$545,323PYProgramServiceRevenueAmt
CY Program Service Revenue$711,466CYProgramServiceRevenueAmt
PY Investment Income$5,071PYInvestmentIncomeAmt
CY Investment Income-$500,702CYInvestmentIncomeAmt
PY Other Revenue-$18,229PYOtherRevenueAmt
CY Other Revenue$5,002CYOtherRevenueAmt
PY Total Revenue$2,688,318PYTotalRevenueAmt
CY Total Revenue$4,899,334CYTotalRevenueAmt
PY Grants And Similar Paid$21,175PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$285,600CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$505,610PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$596,743CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$203,517CYTotalFundraisingExpenseAmt
PY Other Expenses$901,081PYOtherExpensesAmt
CY Other Expenses$1,335,068CYOtherExpensesAmt
PY Total Expenses$1,427,866PYTotalExpensesAmt
CY Total Expenses$2,217,411CYTotalExpensesAmt
PY Revenues Less Expenses$1,260,452PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,681,923CYRevenuesLessExpensesAmt
Total Assets BOY$22,272,461TotalAssetsBOYAmt
Total Assets EOY$24,395,346TotalAssetsEOYAmt
Total Liabilities BOY$6,662,439TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,103,401TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,610,022NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,291,945NetAssetsOrFundBalancesEOYAmt
MissionTHE DEVELOPMENT AND STEWARDSHIP OF AFFORDABLE HOUSING ON THE ISLAND OF MARTHA'S VINEYARD, MASS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$853,479ExpenseAmt
Grant$285,600GrantAmt
Revenue$18,500RevenueAmt
DescHOUSING DEVELOPMENT - DEVELOP SIMPLE, DURABLE, ENERGY EFFICIENT HOUSING, BOTH RENTAL AND OWNERSHIP, THAT ARE DESIGNED AND BUILT TO BE TRULY AFFORDABLE TO PURCHASE OR RENT AND MAINTAIN FOR GENERATIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$770,789ExpenseAmt
Revenue$697,968RevenueAmt
DescRENTAL PROGRAMS - ENSURE THAT RENTAL PROPERTIES ARE WELL MAINTAINED, PROPERLY MANAGED AND FINANCIALLY SELF-SUSTAINABLE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$168,630ExpenseAmt
DescCOMMUNICATIONS - BUILD COMMUNITY AWARENESS, UNDERSTANDING OF, AND SUPPORT FOR ISLAND HOUSING TRUST'S MISSION OF BUILDING AND PRESERVING PERMANENTLY AFFORDABLE HOUSING ON MARTHA'S VINEYARD.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,792,898TotalProgramServiceExpensesAmt
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 Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
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 ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee7EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo 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 Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
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 Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PHILIPPE JORDIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5086931117PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 779AddressLine1Txt
CityWEST TISBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02575ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DOUG RUSKIN
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DELOS LANDER
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DAN SEIDMAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
PETER FREEMAN
CLERK2.00Yes (X)Yes (X)$0$0$0
RICHARD LEONARD
DIRECTOR1.00Yes (X)$0$0$0
BOB GREEN
DIRECTOR1.00Yes (X)$0$0$0
DEBRA CEDENO
DIRECTOR1.00Yes (X)$0$0$0
JULIANN VANDERHOOP
DIRECTOR1.00Yes (X)$0$0$0
WENDY SWOLINZKY
DIRECTOR1.00Yes (X)$0$0$0
PAMELA CRAVEN
DIRECTOR1.00Yes (X)$0$0$0
TREY RASMUSSEN
DIRECTOR1.00Yes (X)$0$0$0
VICTORIA HAESELBARTH
DIRECTOR1.00Yes (X)$0$0$0
WENDY WOLF
DIRECTOR1.00Yes (X)$0$0$0
PHILIPPE JORDI
EXECUTIVE DIRECTOR40.00Yes (X)$109,407$0$21,713
FieldValueIRS element (for citing)
Total Reportable Comp From Org$109,407TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$21,713TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GUNNER ASSOCIATES
40 RUBY AVENUEMARBLEHEADMA01945CONSTRUCTION$929,005
BAY STATE LEISURE HOMES INC
73 CANTERBURY LANEVINEYARD HAVENMA02568CONSTRUCTION$898,901
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$103,100GovernmentGrantsAmt
All Other Contributions$4,580,468AllOtherContributionsAmt
Noncash Contributions$639,600NoncashContributionsAmt
Total Contributions$4,683,568TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531390$585,681$585,681
PROJECT MANAGEMENT FEES531310$68,185$68,185
GROUND LEASE INCOME531190$39,100$39,100
DEVELOPER FEES531390$18,500$18,500
FieldValueIRS element (for citing)
Total Program Service Revenue$711,466TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,844TotalRevenueColumnAmt
Exclusion$2,844ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$2,448,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$2,951,546OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$503,546OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$503,546TotalRevenueColumnAmt
Related Or Exempt Func Income-$503,546RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,002TotalRevenueColumnAmt
Related Or Exempt Func Income$5,002RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,002OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,899,334TotalRevenueColumnAmt
Related Or Exempt Func Income$212,922RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,844ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$285,600TotalAmt
Program Services$285,600ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$131,120TotalAmt
Program Services$65,561ProgramServicesAmt
Management And General$32,779ManagementAndGeneralAmt
Fundraising$32,780FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$341,795TotalAmt
Program Services$171,839ProgramServicesAmt
Management And General$69,308ManagementAndGeneralAmt
Fundraising$100,648FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$87,885TotalAmt
Program Services$41,202ProgramServicesAmt
Management And General$24,711ManagementAndGeneralAmt
Fundraising$21,972FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$35,943TotalAmt
Program Services$17,073ProgramServicesAmt
Management And General$9,884ManagementAndGeneralAmt
Fundraising$8,986FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,419TotalAmt
Program Services$1,335ProgramServicesAmt
Management And General$84ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$59,335TotalAmt
Program Services$28,184ProgramServicesAmt
Management And General$16,317ManagementAndGeneralAmt
Fundraising$14,834FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$47,224TotalAmt
Program Services$10,284ProgramServicesAmt
Management And General$36,940ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$41,791TotalAmt
Program Services$41,791ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$107,437TotalAmt
Program Services$86,837ProgramServicesAmt
Management And General$11,985ManagementAndGeneralAmt
Fundraising$8,615FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$22,522TotalAmt
Program Services$10,698ProgramServicesAmt
Management And General$6,193ManagementAndGeneralAmt
Fundraising$5,631FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$730,397TotalAmt
Program Services$710,204ProgramServicesAmt
Management And General$10,575ManagementAndGeneralAmt
Fundraising$9,618FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,733TotalAmt
Program Services$823ProgramServicesAmt
Management And General$477ManagementAndGeneralAmt
Fundraising$433FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,743TotalAmt
Management And General$1,743ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$321,467TotalAmt
Program Services$321,467ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,217,411TotalAmt
Program Services$1,792,898ProgramServicesAmt
Management And General$220,996ManagementAndGeneralAmt
Fundraising$203,517FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,421,639BOYAmt
EOY$3,640,194EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,923,471BOYAmt
EOY$2,955,614EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$47,873BOYAmt
EOY$70,763EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$475,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,264BOYAmt
EOY$3,287EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$16,101,004LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,119,932LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,015,964BOYAmt
EOY$14,981,072EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,800,250BOYAmt
EOY$2,269,416EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,272,461BOYAmt
EOY$24,395,346EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$64,150BOYAmt
EOY$117,910EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,598,289BOYAmt
EOY$5,985,491EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,662,439BOYAmt
EOY$6,103,401EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,239,380BOYAmt
EOY$15,032,816EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,370,642BOYAmt
EOY$3,259,129EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,610,022BOYAmt
EOY$18,291,945EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,272,461BOYAmt
EOY$24,395,346EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,681,923ReconcilationRevenueExpnssAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,730,065CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,650,222CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,332,841CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,156,153CurrentTaxYearMinus1YearAmt
Current Tax Year$4,683,568CurrentTaxYearAmt
Total$15,552,849TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$182,688CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$243,361CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$272,299CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$545,323CurrentTaxYearMinus1YearAmt
Current Tax Year$711,466CurrentTaxYearAmt
Total$1,955,137TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,912,753CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,893,583CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,605,140CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,701,476CurrentTaxYearMinus1YearAmt
Current Tax Year$5,395,034CurrentTaxYearAmt
Total$17,507,986TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$17,507,986PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,319CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,349CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,007CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,071CurrentTaxYearMinus1YearAmt
Current Tax Year$2,844CurrentTaxYearAmt
Total$19,590TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,319CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,349CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,007CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,071CurrentTaxYearMinus1YearAmt
Current Tax Year$2,844CurrentTaxYearAmt
Total$19,590TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$6,484CurrentTaxYearMinus1YearAmt
Current Tax Year$5,002CurrentTaxYearAmt
Total$11,486TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,916,072CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,897,932CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,609,147CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,713,031CurrentTaxYearMinus1YearAmt
Current Tax Year$5,402,880CurrentTaxYearAmt
Total$17,539,062TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99820PublicSupportCY509Pct
Public Support PY5090.99820PublicSupportPY509Pct
Investment Income CY0.00110InvestmentIncomeCYPct
Investment Income PY0.00130InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2019 AMOUNT: $ 6,484. 2020 AMOUNT: $ 5,002.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$3,545,348OtherCostOrOtherBasisAmt
Book Value$3,545,348BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,537,222OtherCostOrOtherBasisAmt
Depreciation$1,101,498DepreciationAmt
Book Value$11,435,724BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,434OtherCostOrOtherBasisAmt
Depreciation$18,434DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,981,072TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescLAND HELD FOR DEVELOPMENTDesc
Book Value$2,269,416BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,269,416TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$4,966,546TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$67,212DonatedServicesAndUseFcltsAmt
Revenue Not Reported$67,212RevenueNotReportedAmt
Revenue Subtotal$4,899,334RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,899,334TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,284,623TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$67,212DonatedServicesUseFcltsAmt
Expenses Not Reported$67,212ExpensesNotReportedAmt
Expenses Subtotal$2,217,411ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,217,411TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ISLAND GROWN INITIATIVE
PO BOX 622VINEYARD HAVENMA02568205773892501(C)(3)$150,000TO CONTINUE MAKING PROGRESS ON INNOVATION AND EDUCATIONAL CENTER INCLUDING FARMWORKER HOUSING.
HARBOR HOMES OF MARTHA'S VINEYARD LLC
PO BOX 4795VINEYARD HAVENMA02568832996138501(C)(3)$135,600TO PURCHASE PROPERTY FOR THE PURPOSES OF PROVIDING HOUSING AND SUPPORTIVE SERVICES TO HOMELESS RESIDENTS.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescLANDDesc
Contribution3ContributionCnt
Noncash Contributions Rpt F990$639,600NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE AMOUNT REPORTED IN PART I COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BEACH MEMBER IS GIVEN A COPY BEFORE FILING. ONCE ALL THE COMMENTS HAVE BEEN ADDRESSED, THE BOARD VOTES TO APPROVE THE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REQUIRING ALL DIRECTORS AND OFFICERS TO SIGN A CONFLICT OF INTEREST AND DISCLOSURE FORM ANNUALLY AND TO AFFIRMATIVELY DISCLOSE POTENTIAL CONFLICTS AS THEY ARISE.
FORM 990, PART VI, SECTION B, LINE 15THERE IS ONE KEY EMPLOYEE AND HIS COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS, ANNUALLY. OTHER EMPLOYEES ARE REVIEWED BY LOOKING AT SIMILAR POSITIONS IN OTHER NOT FOR PROFITS.
FORM 990, PART VI, SECTION C, LINE 18UPON WRITTEN REQUEST
FORM 990, PART VI, SECTION C, LINE 19UPON WRITTEN REQUEST

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
SCOTTS GROVE LLC
POBOX 779WEST TISBURYMA02575824432392DEVELOPMENT OF LOW INCOME APARTMENTSMA$47,266$2,865,257ISLAND HOUSING TRUST CORPORATION
HANOVER HOUSE LLC
POBOX 779WEST TISBURYMA02575834106776DEVELOPMENT OF LOW INCOME APARTMENTSMA$7,902$2,959,765ISLAND HOUSING TRUST CORPORATION
PERLMAN HOUSE LLC
POBOX 779WEST TISBURYMA02575843761655DEVELOPMENT OF LOW INCOME APARTMENTSMA$61,874$2,646,291ISLAND HOUSING TRUST CORPORATION

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