2020-11-11T15:14:33-06:00 2019-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-01-01 237121174 JUST-A-START CORPORATION JUST 6174940444 1035 CAMBRIDGE STREET NO12 CAMBRIDGE MA 02141 CARL NAGY-KOECHLIN EXECUTIVE DIRECTOR 6174940444 2020-11-03 1 MATTHEW TROIANO CPA P01263939 5083669100 2020-11-03 40.70.31.102 2020-11-03 10:19:04 ES P 2DDD31951ED2AB8CB25029F66ABAED5153B45454 247284B58625830FD7AA80C2F29CE40271A21289 2019 2021-01-29 14:40:06Z CARL NAGY-KOECHLIN 1035 CAMBRIDGE STREET NO 12 CAMBRIDGE MA 02141 10147993 0 X WWWW.JUSTASTART.ORG X 1970 MA COMMUNITY DEVELOPMENT BY CREATING, RETAINING AND STABILIZING AFFORDABLE HOUSING AND ASSOCIATED PROGRAMS. 15 15 60 80 0 0 3876557 3311263 3131629 5152967 81136 -9526 153597 422376 7242919 8877080 42252 38577 0 0 3701823 3570209 0 0 231828 2755629 3249656 6499704 6858442 743215 2018638 28141076 33041612 15918117 16746117 12222959 16295495 PROMOTING EQUITY BY CREATING ACCESS TO STABLE HOUSING AND BUILDING PATHWAYS TO ECONOMIC OPPORTUNITY. 0 0 2090347 27077 EDUCATION & TRAINING - JUST-A-START OFFERS EDUCATION AND WORKFORCE TRAINING PROGRAMS INCLUDING YOUTHBUILD, THE BIOMEDICAL CAREERS PROGRAM, AND THE INFORMATION TECHNOLOGY (IT) CAREERS PROGRAM, TO YOUTH AND ADULTS FROM CAMBRIDGE AND NEARBY COMMUNITIES. THESE TUITION-FREE PROGRAMS HELP ENSURE THAT ALL PEOPLE, FROM TEENS EARNING A HIGH SCHOOL CREDENTIAL TO ADULT LEARNERS MAKING A CAREER CHANGE, HAVE THE SKILLS AND RESOURCES NECESSARY TO PURSUE EDUCATION, SUCCESSFULLY ENTER A COMPETITIVE JOB MARKET, AND DEVELOP UPWARD CAREER MOBILITY. 2779364 11500 4992292 HOUSING DEVELOPMENT AND HOUSING SERVICES - JAS PROVIDES HOUSING RESOURCES AND SERVICES TO ITS 1,500 RESIDENTS AND APPROXIMATELY 1,000 COMMUNITY MEMBERS EACH YEAR. TO AVOID EVICTIONS, PREVENT HOMELESSNESS, AND STABILIZE HOUSING, JAS PROVIDES AT-RISK INDIVIDUALS IN CAMBRIDGE AND SURROUNDING COMMUNITIES WITH MEDIATION, EMERGENCY RENTAL ASSISTANCE, LEGAL EDUCATION, AND RAPID REHOUSING SERVICES. JAS'S HOME IMPROVEMENT PROGRAM HELPS INCOME-QUALIFIED HOMEOWNERS AND LANDLORDS TO UNDERTAKE AND FINANCE ESSENTIAL HOME IMPROVEMENT PROJECTS. JAS ALSO OFFERS FINANCIAL EDUCATION TO RESIDENTS, STUDENTS, AND COMMUNITY MEMBERS THROUGH WORKSHOPS, ONE-ON-ONE FINANCIAL COACHING, AND FREE TAX PREPARATION. 636800 583051 ASSET MANAGEMENT - JAS OWNS 598 AFFORDABLE APARTMENTS THROUGHOUT CAMBRIDGE THAT ALLOW LOW- TO MODERATE-INCOME RESIDENTS TO LIVE IN THE CITY AT RENTS THAT ARE WITHIN THEIR MEANS. TO MAKE FIRST-TIME HOMEOWNERSHIP A REALITY FOR LOW- TO MODERATE-INCOME HOUSEHOLDS, JAS ALSO MANAGES THE PRESERVATION, REHAB, AND RESALE OF AFFORDABLE HOUSING-RESTRICTED UNITS TO ENSURE FUTURE ACCESS TO AFFORDABLE CONDOS IN THE CITY. 5506511 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 61 0 1 60 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CARL NAGY-KOECHLIN 6174940444 1035 CAMBRIDGE STREET NO 12 CAMBRIDGE MA 02141 CRAIG NICHOLSON SENIOR PROJECT MANAGER 37.50 X 106902 0 22658 KATHLEEN CARNEY DIRECTOR OF DEVELOPMENT 37.50 X 112876 0 11549 DEBORAH RUHE EXECUTIVE DIRECTOR (UNTIL 7/1/2019) 37.50 X 113192 0 4980 CINDY SILVA ACCOUNTING MANAGER 37.50 X 80369 0 15902 CARLY NAGY-KOECHLIN EXECUTIVE DIRECTOR (AS OF 7/1/2019) 37.50 X 82058 0 9172 ZOE WEINROBE VICE PRESIDENT 5.00 X X 0 0 0 PETER MUNKENBECK CHAIR 5.00 X X 0 0 0 MICHAEL KUHN TREASURER 5.00 X X 0 0 0 LISA DRAPKIN CLERK 5.00 X X 0 0 0 SHAWN FITZPATRICK DIRECTOR 5.00 X 0 0 0 JOEL MIRANDA DIRECTOR 5.00 X 0 0 0 SUSAN STOCKARD DIRECTOR 5.00 X 0 0 0 JESSE KANSON-BENANAV DIRECTOR 5.00 X 0 0 0 BARBARA AIKEN DIRECTOR 5.00 X 0 0 0 TARA DENDY DIRECTOR 5.00 X 0 0 0 GUSTAVO GALLEGO DIRECTOR 5.00 X 0 0 0 PAUL PARRAVANO DIRECTOR 5.00 X 0 0 0 SAMUEL GEBRU DIRECTOR 5.00 X 0 0 0 RICHARD HARDING DIRECTOR 5.00 X 0 0 0 JEFF MYERS DIRECTOR 5.00 X 0 0 0 JOHN HENN DIRECTOR (UNTIL 6/2019) 5.00 X 0 0 0 SHANE STEFFENS DIRECTOR (UNTIL 3/2019) 5.00 X 0 0 0 PAUL BRASSIL DIRECTOR (UNTIL 6/2019) 5.00 X 0 0 0 495397 0 64261 5 0 0 0 COMPASS CONTRACTING LLC 35 SPAULDING ST EVERETT MA 02149 CONSTRUCTION CONSULTANT 308783 RUSSELL REMODELING 6 BOW ST WOBURN MA 01801 CONSTRUCTION CONSULTANT 200937 CLIFTON LARSON ALLEN LLP 131 HARTWELL AVE LEXINGTON MA 02421 FINANCIAL CONSULTANTS 136732 3 2150198 1161065 3311263 DEVELOPMENT FEES 561700 3992160 3992160 RENTAL INCOME 531110 583051 583051 MANAGEMENT AND OTHER FEES 561700 577756 577756 5152967 137028 137028 849359 275000 860088 410825 -10729 -135825 -146554 -146554 MISCELLANEOUS REVENUE 900099 252716 252716 RECOVERY OF NOTES RECEIVABLE 900099 169660 169660 422376 8877080 5575343 0 -9526 38577 38577 306926 16631 290295 2595606 2270553 169603 155450 68087 64779 3308 321978 298525 6866 16587 277612 214952 48210 14450 29077 29077 19193 16242 2188 763 101169 40744 60425 29767 29767 584270 369222 204379 10669 247089 147089 76895 23105 139637 89975 48613 1049 558482 518423 40009 50 31526 31526 358085 293603 64482 CLIENT EXPENSE 521661 521358 303 INSURANCE EXPENSES - ST 460000 460000 MICELLANEOUS 150325 65860 78068 6397 BAD DEBT 19375 19375 6858442 5506511 1120103 231828 1029777 402645 2530447 8377457 1396821 1238409 106253 137282 8987455 4913195 4143054 4074260 3837331 4371517 3906166 3304424 11191227 11135618 28141076 33041612 803696 2968258 6855605 7860482 8258816 5917377 15918117 16746117 X 10870094 15670849 1352865 624646 12222959 16295495 28141076 33041612 X 2018638 492394 1561504 X X 0 1 X 1 1 1 X 4171322 3023889 3440595 3876557 3311263 17823626 4171322 3023889 3440595 3876557 3311263 17823626 288193 17535433 64640 221829 225478 81267 137028 730242 422 171538 267908 153597 422376 1015841 19569709 18860891 0.89600 0.92820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 707420 707420 7885029 4724463 3160566 367756 161482 206274 27250 27250 0 4074260 NOTES RECEIVABLE 3304424 F 3304424 PROJECTS UNDER DEVELOPMENT 3190852 RESTRICTED DEPOSITS - HOME IMPROVEMENT PROGRAM FUNDS 1045707 RESTRICTED DEPOSITS - REPLACEMENT RESERVES 601065 RESTRICTED DEPOSITS - BUILDING ACQUISITION 226000 INVESTMENT IN AFFILIATES 48754 DUE FROM AFFILIATES 3655287 RESTRICTED DEPOSITS - CONSTRUCTION ESCROW 2367953 11135618 CONTRACTUAL ADVANCES 3549424 DUE TO AFFILIATES 2367953 5917377 X PART X, LINE 2: JAS AND AFFILIATES 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. JAS AND AFFILIATES HAVE DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2019. HOWEVER, JAS AND AFFILIATES ARE GENERALLY SUBJECT TO AUDIT BY TAX AUTHORITIES FOR THE MOST RECENT THREE YEARS. 1 BUNKER HILL COMMUNITY COLLEGE 250 NEW RUTHERFORD AVENUE BOSTON MA 02129 042710011 501(C)3 27077 TO PROVIDE LAB SETTING COURSES AND PROVIDE INSTRUCTIONAL COURSES. 1 PART I, LINE 2: JAS HAS A DESIGNATED GRANTS MANAGER THAT MONITORS THE FINANCIAL AND PROGRAM ASPECTS OF ALL GRANTS. FINANCIAL MONITORING CONSISTS OF TRACKING THE UNIQUELY CODED EXPENDITURES AGAINST THE AGREED UPON BUDGET WITH VARIANCES NOTED IN DETAIL. PROGRAM MONITORING ENSURING THE GRANT'S AGREED UPON OBJECTIVES, OUTCOMES AND DEADLINE ARE MET. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR. PRIOR TO SUBMISSION, THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL BOARD MEMBERS ARE REQUIRED TO SUPPLY A SIGNED CONFLICT OF INTEREST STATEMENT. THE STATEMENTS ARE KEPT ON FILE AT THE OFFICES OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS UTILIZED THE SERVICES OF AN INDEPENDENT EXECUTIVE SEARCH FIRM WHO CONDUCTED AN ASSESSMENT OF COMPARABLE SALARIES FOR AGENCIES OF SIMILAR SIZE AND COMPLEXITY. THE COMPENSATION POLICY REQUIRES PERIODIC REVIEW OF ESTABLISHED SALARY RANGES FOR ALL POSITIONS. SALARIES ARE DETERMINED FROM A SET OF RANGES, WHICH ARE BASED ON DATA ACQUIRED BY THE INDEPENDENT SEARCH FIRM. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON A NUMBER OF GOVERNMENTAL AND PRIVATE WEBSITES AND AVAILABLE UPON WRITTEN REQUEST FROM THE ORGANIZATION. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER 196,408. SYNDICATION OF SQUIRRELWOOD LLC 411,434. DISTRIBUTIONS 953,662. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE AND BOARD OF DIRECTORS REVIEW AND APPROVE THE AUDIT. 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