ASIAN COMMUNITY DEVELOPMENT CORP: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ASIAN COMMUNITY DEVELOPMENT CORP (EIN 04-2988263)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-13
IRS object ID
201913179349303566
Schema version
2018v3.1
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)
Return2019-11-13T10:58:02-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Line1ONE BOSTON PLACE SUITE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042988263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASIAN COMMUNITY DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASIABusinessNameControlTxt
Phone6174822380PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 OAK STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPAUL W LEEPersonNm
Person TitlePRESIDENT/DIRECTORPersonTitleTxt
Phone6174822380PhoneNum
Signature2019-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEDWARD MCNEILPreparerPersonNm
PTINP00090108PTIN
Phone6176481400PhoneNum
Preparation2019-11-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.59.242.22IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-12IPDt
IP Tm12:36:40IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id82DBE120425FA133A5AEDA27A5651712F9F2AA63AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPAUL W LEEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 OAK STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,377,832GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ASIANCDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO BE A COMMUNITY-BASED ORGANIZATION SERVING THE ASIAN AMERICAN COMMUNITY OF GREATER BOSTON BY PROVIDING PHYSICAL, ECONOMIC AND LEADERSHIP DEVELOPMENT.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,606,511PYContributionsGrantsAmt
CY Contributions Grants$682,636CYContributionsGrantsAmt
PY Program Service Revenue$3,222,975PYProgramServiceRevenueAmt
CY Program Service Revenue$238,052CYProgramServiceRevenueAmt
PY Investment Income$595,720PYInvestmentIncomeAmt
CY Investment Income$386,561CYInvestmentIncomeAmt
PY Other Revenue-$34,223PYOtherRevenueAmt
CY Other Revenue-$15,512CYOtherRevenueAmt
PY Total Revenue$6,390,983PYTotalRevenueAmt
CY Total Revenue$1,291,737CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$797,230PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$914,251CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$31,200PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$21,600CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$199,418CYTotalFundraisingExpenseAmt
PY Other Expenses$8,131,874PYOtherExpensesAmt
CY Other Expenses$651,473CYOtherExpensesAmt
PY Total Expenses$8,960,304PYTotalExpensesAmt
CY Total Expenses$1,587,324CYTotalExpensesAmt
PY Revenues Less Expenses-$2,569,321PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$295,587CYRevenuesLessExpensesAmt
Total Assets BOY$7,399,914TotalAssetsBOYAmt
Total Assets EOY$7,210,029TotalAssetsEOYAmt
Total Liabilities BOY$83,669TotalLiabilitiesBOYAmt
Total Liabilities EOY$204,244TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,316,245NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,005,785NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO BE A COMMUNITY-BASED ORGANIZATION SERVING THE ASIAN AMERICAN COMMUNITY OF GREATER BOSTON BY PROVIDING PHYSICAL, ECONOMIC AND LEADERSHIP DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$685,533ExpenseAmt
Revenue$235,361RevenueAmt
DescREAL ESTATE ACDC WORKS TO ENSURE ADEQUATE, HIGH QUALITY AFFORDABLE HOUSING TO MEET THE NEEDS OF COMMUNITIES OF HIGH ASIAN AMERICAN POPULATIONS. ACDC NOW HAS FIVE PROPERTIES IN ITS PORTFOLIO THAT INCLUDES 756 HOMES OF WHICH 375 ARE AFFFORDABLE. THREE DEVELOPMENTS IN CHINATOWN ACCOUNT FOR 702 NEWLY BUILT HOMES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$421,744ExpenseAmt
DescCOMPREHENSIVE HOUSING OPPORTUNITIES PROGRAM (CHOP) PROVIDES THE COMMUNITY WITH FINANCIAL EMPOWERMENT THROUGH HOME BUYING WORKSHOPS, FINANCIAL MANAGEMENT TRAINING AND 1 ON 1 HOMEBUYING COUNSELING. ITS MONTHLY WORKSHOPS FOR FIRST-TIME HOMEBUYERS IS THE ONLY HUD-APPROVED WORKSHOP IN NEW ENGLAND THAT PROVIDES CHINESE LANGUAGE SERVICE ON A REGULAR BASIS. 336 PEOPLE COMPLETED OUR FIRST-TIME HOMEBUYER WOKSHOP IN 2017, OVER A HALF OF WHOM WERE CHINESE SPEAKING CLIENTS. MOREOVER, 45 HOUSEHOLDS PURCHASED A HOME AFTER ATTENDING THE WORKSHOP. ACDC'S HOUSING COUNSELORS ALSO PROVIDE 1-ON-1 HOMEBUYER COUNSELING. CHOP ALSO PROVIDES POST-PURCHASE WORKSHOPS TO ASSIST HOMEOWNERS IN AREAS OF ENERGY EFFICIENCY, TAX REPORTING AND IDENTITY THEFT PROTECTION. ACDC ALSO LAUNCHED A MATCHED SAVINGS PROGRAM WHERE ELIGIBLE PARTICIPANTS WHERE ACDC PROVIDED A DOLLAR FOR DOLLAR MATCH FOR EVERY DOLLAR THAT PARTIPANTS SAVE IN THEIR QUALIFIED MATCHED SAVINGS ACCOUNT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$29,587ExpenseAmt
DescYOUTH ACDC PROVIDES A HIGH SCHOOL LEADERSHIP PROGRAM, ASIAN VOICES OF ORGANIZED YOUTH FOR COMMUNITY EMPOWERMENT (A-VOYCE), TRAINING YOUTH IN COMMUNITY LEADERSHIP AND ORGANIZING IN CHINATOWN AND THE GREATER BOSTON AREA. THEY LEARN ABOUT CULTURAL IDENTITY, COMMUNITY DEVELOPMENT, AND PERFORM PLACEMAKING ACTIVITIES. OVER 100 YOUTH WERE INVOLVED IN 2017. YOUTH LEARN ENTREPRENEURSHIP SKILLS AND APPLY THESE SKILLS THROUGH RUNNING THEIR OWN YOUTH-LED BUSINESS PROVIDING WALKING TOURS OF CHINATOWN.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,136,864TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
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 FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
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 ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
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
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HAMILTON HOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174822380PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 OAK STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
AMANDA LINEHAN
DIRECTOR1.00Yes (X)$0$0$0
AMY CHEUNG
DIRECTOR1.00Yes (X)$0$0$0
EUGENE HO
DIRECTOR1.00Yes (X)$0$0$0
GEOFFREY WHY
VICE TREASURER1.00Yes (X)$0$0$0Yes (X)
JEFFREY WONG
TREASURER1.00Yes (X)$0$0$0Yes (X)
JUSTIN KANG
DIRECTOR1.00Yes (X)$0$0$0
KAREN SOOHOO
DIRECTOR1.00Yes (X)$0$0$0
KENNETH FAN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL S GRECO
CLERK1.00Yes (X)$0$0$0Yes (X)
NICK CHAU
DIRECTOR1.00Yes (X)$0$0$0
PAUL W LEE
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
PETER MADSEN
DIRECTOR1.00Yes (X)$0$0$0
REBECCA A LEE
DIRECTOR1.00Yes (X)$0$0$0
STEVEN CHEN
DIRECTOR1.00Yes (X)$0$0$0
YONGMEI CHEN
DIRECTOR1.00Yes (X)$0$0$0
ANGIE LIOU
EXECUTIVE DIRECTOR40.00$119,615$0$20,418Yes (X)
HAMILTON HO
CHIEF OPER. OFFICER40.00$88,837$0$24,303Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$208,452TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$44,721TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$82,939FederatedCampaignsAmt
Fundraising$84,623FundraisingAmt
All Other Contributions$515,074AllOtherContributionsAmt
Total Contributions$682,636TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REAL ESTATE DEVELOPMEN531110$155,998$155,998
MANAGEMENT FEES INCOME531110$52,444$52,444
SERVICE REVENUE531110$29,610$29,610
FieldValueIRS element (for citing)
Total Program Service Revenue$238,052TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$386,561TotalRevenueColumnAmt
Exclusion$386,561ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$60,039RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$65,090RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$5,051RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$5,051TotalRevenueColumnAmt
Related Or Exempt Func Income-$5,051RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$8,184FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$84,623ContriRptFundraisingEventAmt
Fundraising Direct Expenses$21,005FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$12,821TotalRevenueColumnAmt
Exclusion-$12,821ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business531110BusinessCd
Total Revenue Column$2,360TotalRevenueColumnAmt
Related Or Exempt Func Income$2,360RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,360OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,291,737TotalRevenueColumnAmt
Related Or Exempt Func Income$235,361RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$373,740ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$253,173TotalAmt
Program Services$173,415ProgramServicesAmt
Management And General$36,861ManagementAndGeneralAmt
Fundraising$42,897FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$485,719TotalAmt
Program Services$332,760ProgramServicesAmt
Management And General$68,925ManagementAndGeneralAmt
Fundraising$84,034FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,980TotalAmt
Program Services$7,431ProgramServicesAmt
Management And General$1,929ManagementAndGeneralAmt
Fundraising$2,620FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$107,374TotalAmt
Program Services$74,254ProgramServicesAmt
Management And General$17,504ManagementAndGeneralAmt
Fundraising$15,616FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$56,005TotalAmt
Program Services$36,932ProgramServicesAmt
Management And General$8,593ManagementAndGeneralAmt
Fundraising$10,480FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,628TotalAmt
Program Services$2,628ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$102,198TotalAmt
Program Services$25,550ProgramServicesAmt
Management And General$76,648ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$21,600TotalAmt
Fundraising$21,600FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$65,083TotalAmt
Program Services$65,083ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,866TotalAmt
Management And General$20ManagementAndGeneralAmt
Fundraising$1,846FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$45,001TotalAmt
Program Services$24,134ProgramServicesAmt
Management And General$15,636ManagementAndGeneralAmt
Fundraising$5,231FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$32,074TotalAmt
Program Services$20,689ProgramServicesAmt
Management And General$3,620ManagementAndGeneralAmt
Fundraising$7,765FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,300TotalAmt
Program Services$1,116ProgramServicesAmt
Management And General$512ManagementAndGeneralAmt
Fundraising$672FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,320TotalAmt
Program Services$9,592ProgramServicesAmt
Management And General$2,566ManagementAndGeneralAmt
Fundraising$162FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$29,266TotalAmt
Program Services$21,231ProgramServicesAmt
Management And General$3,789ManagementAndGeneralAmt
Fundraising$4,246FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,161TotalAmt
Program Services$3,753ProgramServicesAmt
Management And General$657ManagementAndGeneralAmt
Fundraising$751FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BAD DEBT EXPENSE$321,828$321,828
MEMBERSHIP & SUBSCRIPTI$9,395$3,738$5,327$330
REPAIRS & MAINTENANCE$7,413$5,396$938$1,079
WORKSHOP EXPENSES$6,284$6,284

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,656TotalAmt
Program Services$1,050ProgramServicesAmt
Management And General$7,517ManagementAndGeneralAmt
Fundraising$89FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,587,324TotalAmt
Program Services$1,136,864ProgramServicesAmt
Management And General$251,042ManagementAndGeneralAmt
Fundraising$199,418FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,711,468BOYAmt
EOY$3,488,328EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,063,038BOYAmt
EOY$563,954EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,803,232BOYAmt
EOY$150,037EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$38,361EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$33,833BOYAmt
EOY$37,925EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$816,127LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$273,617LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$568,759BOYAmt
EOY$542,510EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$319,875EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$219,584BOYAmt
EOY$2,069,039EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,399,914BOYAmt
EOY$7,210,029EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$77,405BOYAmt
EOY$144,461EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,500BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$54,919EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,764BOYAmt
EOY$4,864EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$83,669BOYAmt
EOY$204,244EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,266,995BOYAmt
EOY$6,967,285EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$49,250BOYAmt
EOY$38,500EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,316,245BOYAmt
EOY$7,005,785EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,399,914BOYAmt
EOY$7,210,029EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$295,587ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$14,873NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$154,364CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$205,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$279,083CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,606,511CurrentTaxYearMinus1YearAmt
Current Tax Year$682,636CurrentTaxYearAmt
Total$3,927,625TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$154,364CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$205,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$279,083CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,606,511CurrentTaxYearMinus1YearAmt
Current Tax Year$682,636CurrentTaxYearAmt
Total$3,927,625TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,927,625PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,754CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$53,394CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,813,489CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$654,190CurrentTaxYearMinus1YearAmt
Current Tax Year$446,600CurrentTaxYearAmt
Total$4,017,427TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$362,004CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$366,073CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,990,235CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,880CurrentTaxYearMinus1YearAmt
Current Tax Year$10,544CurrentTaxYearAmt
Total$4,762,736TotalAmt
FieldValueIRS element (for citing)
Total Support$12,707,788TotalSupportAmt
Gross Receipts Rltd Activities$5,104,255GrossReceiptsRltdActivitiesAmt
Public Support CY1700.30910PublicSupportCY170Pct
Public Support PY1700.27960PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd

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 - 2014 AMOUNT: $ 11,704. 2015 AMOUNT: $ 11,870. 2016 AMOUNT: $ 2,618. 2017 AMOUNT: $ 3,220. 2018 AMOUNT: $ 2,360. SALE OF TAX CREDITS - 2016 AMOUNT: $ 3,657,500. FUNDRAISING INCOME - 2014 AMOUNT: $ 324,015. 2015 AMOUNT: $ 328,763. 2016 AMOUNT: $ 330,117. 2017 AMOUNT: $ 30,660. 2018 AMOUNT: $ 8,184. SERVICE FEES - 2014 AMOUNT: $ 26,285. 2015 AMOUNT: $ 25,440.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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$816,127OtherCostOrOtherBasisAmt
Depreciation$273,617DepreciationAmt
Book Value$542,510BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$542,510TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$2,000,794
CONSTRUCTION IN PROGRESS$68,245
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,069,039TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANT SECURITY DEPOSITSDesc
Amt$4,864Amt
FieldValueIRS element (for citing)
Total Liability$4,864TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationACDC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, EXCEPT FOR INCOME TAXES ON "UNRELATED BUSINESS INCOME," IF ANY. FOR THE YEAR ENDED DECEMBER 31, 2018, ACDC DID NOT HAVE ANY "UNRELATED BUSINESS INCOME" SUBJECT TO INCOME TAXES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. ACDC AND ITS SUBSIDIARIES ADOPTED PROVISIONS RELATED TO THE SUBSEQUENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS. THIS GUIDANCE REQUIRES RECOGNITION OF THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE CORPORATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. INCOME TAX RETURNS FILED BY ACDC AND ITS SUBSIDIARIES ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2015 REMAIN OPEN.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising Acty0AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonMICHELLE MILLERPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line152 KENT STREETAddressLine1Txt
CityBROOKLINECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02445ZIPCd
FieldValueIRS element (for citing)
ActivityPROFESSIONAL FUNDRAISERActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$114,250GrossReceiptsAmt
Retained By Contractor$21,600RetainedByContractorAmt
Net To Organization$92,650NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$114,250TotalGrossReceiptsAmt
Total Retained By Contractors$21,600TotalRetainedByContractorsAmt
Total Net To Organization$92,650TotalNetToOrganizationAmt
Licensed StatesMALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1DIM SUM/SPRING GALAEvent1Nm
Gross Receipts Event1$92,807GrossReceiptsEvent1Amt
Charitable Contri Event1$84,623CharitableContriEvent1Amt
Gross Revenue Event1$8,184GrossRevenueEvent1Amt
Other Direct Expenses Event1$21,005OtherDirectExpensesEvent1Amt
Gross Receipts Total$92,807GrossReceiptsTotalAmt
Charitable Contributions Tot$84,623CharitableContributionsTotAmt
Gross Revenue Total Events$8,184GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$21,005OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$21,005DirectExpenseSummaryEventsAmt
Net Income Summary-$12,821NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6CLASSES OF MEMBERS OR STOCKHOLDERS ORGANIZATION HAS DOMESTIC MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AELECTION OF MEMBERS AND THEIR RIGHTS ORGANIZATION MEMBERS DO ELECT MEMBERS FOR GOVERNING BOARD.
FORM 990, PART VI, SECTION A, LINE 7BDECISIONS SUBJECT TO APPROVAL OF MEMBERS MAJOR DECISIONS ARE DECIDED BY GOVERNING BOARD.
FORM 990, PART VI, SECTION B, LINE 11BORGANIZATIONS PROCESS TO REVIEW FORM 990 - FORM 990 WAS REVIEWED BY ADMIN PERSONNEL AND BOARD FINANCE COMMITTEE BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CACDC REQUIRES ALL BOARD MEMBERS TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. ANY DISCLOSURE OF POTENTIAL CONFLICT IS DISCUSSED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION IS DETERMINED BY THE GOVERNING BOARD.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCS AND RETURNS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990 PART XII, LINE 2CTHE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
ACDC HUDSON STREET REVIVAL LLC
38 OAK STREETBOSTONMA02111000955891HOUSING SUPPORTMA$0$0ACDC
SUN YI LLC
38 OAK STREETBOSTONMA02111000811742HOUSING SUPPORTDE$0$0ACDC

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACd
ACDC FORT STREET LLC
38 OAK STREETBOSTONMA02111263319550REAL ESTATEMAN/A
ACDC TREMONT VILLIAGE LLC
38 OAK STREETBOSTONMA02111364783399REAL ESTATEMAN/A
HUDSON STREET GATEWAY LLC
38 OAK STREETBOSTONMA02111800930689REAL ESTATEMAN/A

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
ACDC FORT ST MM LLC
38 OAK STREETBOSTONMA02111272746012REAL ESTATEMAACDCC$1$710.79000Yes (1)
ACDC TREMONT VILLIAGE MM LLC
38 OAK STREETBOSTONMA02111465346551REAL ESTATEMAACDCC0.79000Yes (1)
HUDSON STREET GATEWAY MM LLC
75 STATE STREETBOSTONMA02109811152554REAL ESTATEMAACDCC$11.00000Yes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
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 Org0RentalOfFcltsFromOthOrgInd
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 (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ACDC FORT STREET LLC
L$469,000EARNED VALUE
ACDC TREMONT VILLAGE LLC
L$351,815EARNED VALUE

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