2020-02-06T09:04:28-06:00 2019-06-30 472399509 WORTHINGTON HUGHES & HOAR PC 400 W CUMMINGS PARK STE 3000 WOBURN MA 018016592 990 2018-07-01 043019658 CENTERBOARD INC CENT 7815989417 16 CITY HALL SQUARE LYNN MA 01901 MARK DEJOIE CEO 7815989417 2020-01-16 true STEPHEN J HOAR P00189845 7813053534 2020-01-16 96.95.164.137 2020-02-06 09:04:28 CS P 6607D846E6E5F4C9E8D1FA32CA28DF53BB64A355 6607D846E6E5F4C9E8D1FA32CA28DF53BB64A355 2018 2020-09-22 18:59:49Z MARK DEJOIE C/O CENTERBOARD16 CITY HALL SQUARE LYNN MA 01901 15567161 false X WWW.CENTERBOARD.ORG X 1988 MA CENTERBOARD IS A COMMUNITY-BASED ORGANIZATION THAT SUPPORTS FAMILIES AND YOUNG PEOPLE THROUGH HOUSING, ACCESS TO EMPLOYMENT, EDUCATION AND FINANCIAL EMPOWERMENT. (CONTINUED ON PAGE 2) 11 11 225 250 0 408534 417888 14124183 15049947 1753 1514 27314 46423 14561784 15515772 0 0 6589882 6755408 0 210900 7863556 8035382 14453438 14790790 108346 724982 10087732 11452442 6661915 7609931 3425817 3842511 X (CONTINUED FROM PAGE 1) WE WORK WITH LOCAL RESIDENTS, BUSINESSES, AND ELECTED OFFICIALS TO INCREASE ECONOMIC OPPORTUNITY IN THE COMMUNITY. THROUGH THESE EFFORTS, WE SERVE OVER 1,500 PEOPLE EACH YEAR. false false 8165426 9445118 SCATTERED SITE FAMILY EMERGENCY SHELTER THIS PROGRAM OFFERS APPROXIMATELY 250 FAMILIES EMERGENCY SHELTER IN TWO TO THREE BEDROOM APARTMENT UNITS, LOCATED THROUGHOUT THE NORTH SHORE. FAMILIES, WHO ENTER THE PROGRAM, ARE REFERRED TO THE PROGRAM BY THE MASSACHUSETTS DEPARTMENT OF TRANSITIONAL ASSISTANCE. EACH FAMILY IS ASSIGNED TO AN INDIVIDUAL FAMILY ADVOCATE WHO SUPPORTS THEM THROUGHOUT THEIR STAY. FAMILY ADVOCATES OFFER OUR FAMILIES RESOURCES, INFORMATION AND SUPPORT TO MAKE THE CHANGES NECESSARY TO ADVANCE THEIR LIVES FROM HOMELESSNESS TO INDEPENDENCE. 2169389 2651686 TEEN LIVING PROGRAM THE TEEN LIVING PROGRAM (TLP) IS A RESIDENTIAL PROGRAM DESIGNED TO PROVIDE A PERMANENT AND STABLE HOME ENVIRONMENT FOR APPROXIMATELY 35 PREGNANT OR PARENTING YOUNG MOTHERS AND THEIR CHILDREN. IN AN EMERGENCY SITUATION THE PROGRAM MAY TEMPORARILY ACCOMMODATE THREE ADDITIONAL TEEN MOTHERS AND THEIR CHILDREN UNTIL PERMANENT HOMES ARE FOUND. TEEN PARENTS MUST BE REFERRED TO CENTERBOARD BY THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES. EVERY TEEN MOTHER MUST ATTEND SCHOOL REGULARLY AND PARTICIPATE IN SKILL DEVELOPMENT. THIS STRUCTURED CURRICULUM IS BALANCED WITH A NURTURING SUPPORT SYSTEM DESIGNED TO FOSTER PHYSICAL AND SOCIAL DEVELOPMENT FOR THE RESIDENTS AND THEIR CHILDREN. 935524 974106 ADOLESCENT GROUP HOME THIS GROUP HOME PROGRAM PROVIDES RESIDENTIAL TREATMENT FOR 12 YOUTHS (AGES 13-18) WHO ARE UNDER THE CARE OF THE DEPARTMENT OF CHILDREN AND FAMILIES. THIS PROGRAM PROVIDES LONG TERM CARE FROM THREE MONTHS TO UP TO TWO YEARS. YOUTHS IN THIS PROGRAM HAVE AN ARRAY OF CONCERNS SUCH AS: DIFFICULTIES IN SCHOOL, ISSUES AT HOME, BEHAVIORAL ISSUES, AND MENTAL HEALTH ISSUES. YOUTHS HAVE THEIR MEDICAL AND MENTAL HEALTH NEEDS ADDRESSED WITHIN THE PROGRAM BY A TEAM OF PROFESSIONALS. FAMILY MEMBERS ARE ENCOURAGED TO PARTICIPATE IN THE PROGRAM WHENEVER POSSIBLE. 1976120 1979037 TOTAL TOTAL PROGRAM NAME: EXPENSES REVENUES PRE-INDEPENDENT LIVING PROGRAM 784,576 809,896 SCATTERED SITES STABILIZATION PROGRAM 326,925 338,425 PROGRAM FOR INDEPENDENT LIVING 332,061 406,602 FAMILY RESOURCE CENTER 228,609 261,798 MASS OFFICE OF VICTIMS ASSISTANCE TRAINING 127,133 - SUPPORTED TEEN EMPLOYMENT PROGRAM 123,840 139,008 PUBLIC ARTS PROJECT 29,668 - HOME WORKS PROGRAM 23,308 23,308 _________ _________ TOTAL 1,976,120 1,979,037 1976120 1979037 13246459 true true false false false false false false true false true false false false true true true false false false false false false false true false false false false true true false false false false false false false true true true false false false false false false false false false true 99 0 225 true false false false false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false MA X BRENDAN LAWRENCE 7815989417 16 CITY HALL SQUARE LYNN MA 01901 MARK DEJOIE CEO 40.00 X 152413 0 30547 HEATHER HILDEBRAND COO 40.00 X 130455 0 29840 KEITH BRANSFIELD CFO 40.00 X 134293 0 9108 THOMAS O'KEEFE PRESIDENT 2.00 X X 0 0 0 SCOTT BROGRAN CLERK 2.00 X X 0 0 0 TERI FAULISI DIRECTOR 2.00 X 0 0 0 SHAWN FORD TREASURER 2.00 X X 0 0 0 KEMBERLY SOUSA DIRECTOR 2.00 X 0 0 0 DOLLY MOSER DIRECTOR 2.00 X 0 0 0 ANGELICA BUENO DIRECTOR 2.00 X 0 0 0 TOYUWA NEWTON DIRECTOR 2.00 X 0 0 0 DONNA MARTIN DIRECTOR 2.00 X 0 0 0 MARTHA SOTIROPOULOS DIRECTOR 2.00 X 0 0 0 AMY MCLAUGHLIN-VENO DIRECTOR 2.00 X 0 0 0 417161 69495 3 false true false GUARANTEED ENTERPRISES LLC 136 R WALNUT ST LYNN MA 01905 CONSTRUCTION 405818 WINXNET INC PO BOX 1700 PORTLAND ME 04104 IT SUPPORT 116619 1 24741 117123 276024 22000 417888 COMMONWEALTH OF MASSACHUSETTS 623990 15049947 15049947 15049947 1514 1514 6251 6251 6251 6251 67185 24741 51389 15796 WORKERS COMPENSATION INS DIV 623990 22776 22776 CREDIT CARD REWARDS 1600 1600 24376 15515772 15049947 32141 454016 454016 5109057 4601460 351412 156185 46587 38137 5884 2566 556176 484689 63435 8052 589572 476725 96689 16158 28505 24335 2968 1202 12497 11847 650 59278 59278 152193 150415 1778 20005 19935 70 204241 96006 102988 5247 130721 98854 29255 2612 5835224 5802436 32354 434 72823 67640 5167 16 50979 43220 7356 403 291317 249319 41998 302255 291254 11001 105174 95539 7937 1698 PROG. SUPP'S & MATERIALS 447083 395696 35130 16257 TEMPORARY HELP 186085 181885 4200 CLIENT SUPPORT 137002 137002 14790790 13246459 1333431 210900 811965 200589 28491 1019937 15899 80964 1493542 1516472 126410 123016 9413419 901955 7315744 8511464 11282 284399 10087732 11452442 685698 709152 5621947 5535773 11061 19362 343209 1048638 297006 6661915 7609931 X 3100017 3389427 325800 453084 3425817 3842511 10087732 11452442 724982 -308288 X false true X true false X 37374 23784 169690 408534 417888 1057270 9434519 12825047 14026307 14124183 15049947 65460003 350 24376 24726 9472243 12848831 14195997 14532717 15492211 66541999 66541999 68460 13244 12809 7586 7765 109864 68460 13244 12809 7586 7765 109864 9540703 12862075 14208806 14540303 15499976 66651863 0.99840 0.99810 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 1801610 1801610 6968297 577432 6390865 643512 324523 318989 8511464 INTEREST RATE SWAP LIABILITY 297006 297006 X 15567161 51389 51389 15515772 15515772 14842179 51389 51389 14790790 14790790 SCHEDULE D, PAGE 2, PART IV, LINE 2B CENTERBOARD RECEIVES FUNDS FROM THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES ("DCF") WHICH ARE PAID DIRECTLY TO CLIENTS IN CENTERBOARD'S PROGRAMS TO PAY FOR LIVING EXPENSES. SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE THAN LIKELY OR NOT THRESHOLD. THIS APPLIES TO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION REGULARLY ASSESSES THE POTENTIAL SETTLEMENT OUTCOMES RESULTING FROM INCOME TAX EXAMINATIONS. THE ORGANIZATION DOES NOT BELIEVE THAT THERE ARE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN ITS FINANCIAL STATEMENTS. AS OF THE DATE OF THIS REPORT, THE STATUTE OF LIMITATIONS FOR EXAMINATION BY THE FEDERAL AND MASSACHUSETTS TAXING AUTHORITIES IS OPEN FOR THE ORGANIZATION'S 2015 THROUGH 2018 TAX RETURNS (REPRESENTING THE FISCAL YEARS ENDED JUNE 30, 2016 THROUGH 2019). SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EVENT COSTS 51,389 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EVENT COSTS 51,389 GALA 73646 24741 48905 8681 3600 11332 10046 10621 GOLF TOURNAMENT 18280 18280 750 1000 2963 2396 91926 24741 67185 9431 4600 14295 10046 13017 51389 15796 X X X X false false false false false false false false false MARK DEJOIE CEO 152413 4783 25764 182960 HEATHER HILDEBRAND COO 130455 4062 25778 160295 A MASS DEVELOPMENT FINANCE AGENCY 043431814 2017-08-31 5900000 REAL ESTATE ACQUISITION & REFINANCE OF EXISTING MORTGAGES false false false A 196716 5900000 116785 14115 2838262 2930838 2018 false false true true A false true false false 0.00160 0.00160 false false true A false true false false true true CITIZENS BANK 30.000000000000 false false false false true A true MARK DEJOIE CEO 170000 SEE BELOW false HEATHER HILDEBRAND COO 13050 SEE BELOW false SHAWN FORD DIRECTOR SEE BELOW false OTHER VARIOUS SEE BELOW false SCHEDULE L, PART V INTERESTED PARTY: MARK DEJOIE, CEO CENTERBOARD HAS ENTERED INTO SEVERAL RENTAL CONTRACTS WITH AFFORDABLE HOUSING ASSOCIATES OF LYNN, INC. ("AHA"), A NON-PROFIT ORGANIZATION RELATED TO CENTERBOARD BY COMMON MANAGEMENT, FOR USE IN SEVERAL PROGRAMS. RENTS PAID BY CENTERBOARD TO AHA WERE APPROXIMATELY 170,000 AND 218,000 FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, RESPECTIVELY. ALL RENTS ARE AT ESTABLISHED MARKET VALUES. CENTERBOARD BILLS AHA FOR REPAIRS AND MAINTENANCE COSTS INCURRED BY CENTERBOARD IN CONNECTION WITH PROPERTIES OWNED BY AHA AND USED BY CENTERBOARD IN ITS PROGRAMS. THERE ARE NO AMOUNTS PAYABLE TO, OR RECEIVABLE FROM, AHA AS OF JUNE 30, 2019 AND 2018. CENTERBOARD AND AHA HAVE COMBINED EFFORTS IN A NUMBER OF PROGRAMS AND HAVE USED THEIR EXPERTISE TO APPLY FOR GRANTS UNDER JOINT VENTURE AGREEMENTS AND/OR MEMORANDUMS OF UNDERSTANDING. CENTERBOARD'S BOARD OF DIRECTORS HAS VOTED TO INVESTIGATE FURTHER COLLABORATIVE AND/OR OTHER TYPES OF ALIGNMENT, WHICH WOULD BENEFIT BOTH ORGANIZATIONS. INTERESTED PARTY: HEATHER HILDEBRAND, COO CENTERBOARD RENTED AN APARTMENT OWNED BY A FAMILY MEMBER OF CENTERBOARD'S CHIEF OPERATING OFFICER. RENTAL PAYMENTS FOR THE USE OF THIS PROPERTY TOTALED 13,050 AND 17,400 FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, RESPECTIVELY. MANAGEMENT BELIEVES THESE RENTS TO BE AT ESTABLISHED FAIR MARKET VALUE AND IN THE NORMAL COURSE OF BUSINESS. THE LEASE TERMINATED IN MARCH 2019. INTERESTED PARTY: SHAWN FORD, DIRECTOR A MEMBER OF CENTERBOARD'S BOARD OF DIRECTORS IS ALSO VICE PRESIDENT OF A MAJOR LOCAL FINANCIAL INSTITUTION THAT CENTERBOARD USES FOR BANKING PURPOSES IN THE ORDINARY COURSE OF BUSINESS, INCLUDING THE MAINTENANCE AND SERVICING OF CHECKING AND SAVINGS ACCOUNTS, AND PRIOR TO THE BOND ISSUANCE, FOR LINES OF CREDIT AND MORTGAGE LENDING. INTERESTED PARTY: OTHER THE CHILDREN OF CERTAIN STAFF MEMBERS, INCLUDING EXECUTIVE MANAGEMENT, ARE TEMPORARILY EMPLOYED DURING THE SUMMER IN VARIOUS PROGRAMS, AND ARE PAID PRE-ESTABLISHED HOURLY RATES BASED ON A SALARY TIER SYSTEM. HOURS WORKED DURING THE FISCAL YEARS ENDED JUNE 30, 2019 AND 2018 WERE NOMINAL. THE COST IS CONSIDERED NECESSARY AND AT MARKET RATE. FORM 990, PAGE 2, PART III, LINE 4D TOTAL TOTAL PROGRAM NAME: EXPENSES REVENUES PRE-INDEPENDENT LIVING PROGRAM 784,576 809,896 SCATTERED SITES STABILIZATION PROGRAM 326,925 338,425 PROGRAM FOR INDEPENDENT LIVING 332,061 406,602 FAMILY RESOURCE CENTER 228,609 261,798 MASS OFFICE OF VICTIMS ASSISTANCE TRAINING 127,133 - SUPPORTED TEEN EMPLOYMENT PROGRAM 123,840 139,008 PUBLIC ARTS PROJECT 29,668 - HOME WORKS PROGRAM 23,308 23,308 _________ _________ TOTAL 1,976,120 1,979,037 FORM 990, PAGE 6, PART VI, LINE 11B THE CEO, COO, AND DIRECTOR OF FINANCE REVIEW THE FORM 990 CONTEMPORANEOUSLY WITH THE CPA/PAID-PREPARER (WORTHINGTON, HUGHES & HOAR, P.C.), PRIOR TO FILING THE FORM. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE FILED FORM 990 AT ITS NEXT REGULARLY SCHEDULED BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND OFFICERS ARE ENCOURAGED TO DISCLOSE ANY NEW OR POTENTIAL CONFLICT OF INTEREST AT EACH BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET REVIEW. EXECUTIVE STAFF PROVIDES RECOMMENDATIONS FOR COMPENSATION ADJUSTMENT BASED ON THE FOLLOWING: A) FUNDABILITY OF PROPOSED INCREASES WITHIN THE BUDGET, B) COMPENSATION ADJUSTMENTS AFFORDED DIRECT CARE STAFF THROUGH STATE CONTRACT ADJUSTMENTS, AND C) COMPARISON OF COMPENSATION FOR EXECUTIVE STAFF IN SIMILAR ORGANIZATIONS BASED ON THE SIZE AND SCOPE OF AGENCY OPERATIONS. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS PART VI, SECTION B, LINE 15A. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.