2018-08-23T14:49:36-05:00 2017-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2017-01-01 237121174 JUST-A-START CORPORATION JUST 6174940444 1035 CAMBRIDGE STREET NO12 CAMBRIDGE MA 02141 DEBORAH RUHE EXECUTIVE DIRECTOR 6174940444 2018-08-23 1 MATTHEW TROIANO CPA P01263939 5083669100 2018-08-23 2017 2022-09-23 18:48:47Z DEBORAH RUHE 1035 CAMBRIDGE STREET NO 12 CAMBRIDGE MA 02141 8454387 0 X WWWW.JUSTASTART.ORG X 1970 MA COMMUNITY DEVELOPMENT BY CREATING, RETAINING AND STABILIZING AFFORDABLE HOUSING AND ASSOCIATED PROGRAMS. 15 15 73 79 0 0 17523889 3691995 3174988 4269006 221829 225478 171538 267908 21092244 8454387 49272 35125 0 0 3472562 3658203 0 0 252835 2961004 3288110 6482838 6981438 14609406 1472949 25806470 25499865 20217785 16919162 5588685 8580703 COMMUNITY DEVELOPMENT BY CREATING, RETAINING AND STABILIZING AFFORDABLE HOUSING AND PROVIDING EDUCATION, TRAINING AND PLACEMENT PROGRAMS FOR LOW INCOME YOUTH AND ADULTS. 0 0 2128811 35125 0 EDUCATION & TRAINING - JAS OFFERS EDUCATION AND WORKFORCE TRAINING PROGRAMS FOR TEENS, YOUTH, AND ADULTS TO ALLOW THEM TO DEVELOP SKILLS TO ENTER SUSTAINABLE CAREER PATHWAYS. OUR IN-SCHOOL YOUTH PROGRAMS PROVIDE PUBLIC HIGH SCHOOL STUDENTS WITH ACADEMIC ENRICHMENT AND CAREER DEVELOPMENT. JAS YOUTHBUILD GIVES OUT OF SCHOOL YOUTH THE OPPORTUNITY TO COMPLETE THEIR SECONDARY EDUCATION AND MOVE ON TO POST-SECONDARY EDUCATION OR EMPLOYMENT. THE JAS BIOMEDICAL CAREERS AND IT TRAINING PROGRAMS PROVIDE UNEMPLOYED AND UNDER-EMPLOYED ADULTS WITH A PATHWAY TO ENTER THE LOCAL ASSOCIATED INDUSTRY. THESE PROGRAMS SERVE DIFFERENT POPULATIONS WITH THE SHARED GOAL OF HELPING PEOPLE BUILD THE SKILLS THEY NEED TO MOVE TOWARDS FUTURE CAREER SUCCESS AND INCREASE THEIR CHANCES OF UPWARD ECONOMIC MOBILITY. 2070186 2982026 HOUSING DEVELOPMENT AND HOUSING SERVICES - THE HOME IMPROVEMENT PROGRAM ALLOWS LOW AND MODERATE INCOME HOMEOWNERS WITHIN CAMBRIDGE TO IMPROVE AND STABILIZE THEIR HOMES WITH NEEDED RENOVATIONS AND LOW OR NO INTEREST LOANS. JAS ASSISTED 52 HOMEOWNERS LAST YEAR. ALSO, THE HOMELESSNESS PREVENTION PROGRAM SUPPORTED 531 HOUSEHOLDS IN RETAINING THEIR HOUSING USING MEDIATION / CONFLICT RESOLUTION AND RENTAL ASSISTANCE FUNDING. 1577136 0 1554888 ASSET MANAGEMENT - JAS HAS DEVELOPED AND PRESERVED NEARLY 600 UNITS OF AFFORDABLE HOUSING. THE PURPOSE OF ASSET MANAGEMENT IS TO MAINTAIN HIGH QUALITY, FINANCIALLY SOUND, AFFORDABLE HOUSING WITHIN CAMBRIDGE. 5776133 1 1 0 1 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 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 40 0 73 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MA X DEBORAH RUHE 6174940444 1035 CAMBRIDGE STREET NO 12 CAMBRIDGE MA 02141 PAUL PARRAVANO VICE CHAIR 5.00 X X 0 0 0 PETER MUNKENBECK CHAIR 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 JOHN HENN CLERK 5.00 X X 0 0 0 ZOE WEINROBE TREASURER 5.00 X X 0 0 0 SUSAN STOCKARD DIRECTOR 5.00 X 0 0 0 LISA DRAPKIN DIRECTOR 5.00 X 0 0 0 JESSE KANSON-BENANAV DIRECTOR 5.00 X 0 0 0 SHANE STEFFENS 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 BRASSIL DIRECTOR 5.00 X 0 0 0 MICHAEL KUHN DIRECTOR 5.00 X 0 0 0 DEBORAH RUHE EXECUTIVE DIRECTOR 37.50 X 163914 0 7850 DIANNE SHANNON TO 4212017 DIRECTOR OF FINANCE 37.50 X 41137 0 5222 KATHRYN ROSENBERG EFF 752017 DIRECTOR OF FINANCE 37.50 X 47857 0 146 WILLIAM GORDON DIRECTOR OF REAL ESTATE 37.50 X 148878 0 7140 KATHLEEN CARNEY DIRECTOR OF DEVELOPMENT 37.50 X 100566 0 13590 502352 0 33948 3 0 1 0 CLIFTON LARSON ALLEN LLP 131 HARTWELL AVE LEXINGTON MA 02421 FINANCIAL CONSULTANTS 210130 ALEXANDER ARONSON FINNING 50 WASHINGTON ST WESTBOROUGH MA 01581 AUDITORS 115667 COSTA CONSTRUCTION 372 WINDSOR ST CAMBRIDGE MA 02141 CONSTRUCTION CONSULTANT 102696 3 2365150 1326845 251400 3691995 DEVELOPMENT FEES 561700 2209736 2209736 RENTAL INCOME 531110 1554888 1554888 MANAGEMENT AND OTHER F 561700 504382 504382 4269006 225478 225478 MISCELLANEOUS REVENUE 900099 181892 181892 RECOVERY OF NOTES RECE 900099 86016 86016 267908 8454387 4536914 0 225478 35125 35125 267703 37745 229958 2779483 2340109 303349 136025 73511 61103 1196 11212 286156 220085 58980 7091 251350 196816 43265 11269 87130 87130 28068 22917 5151 379710 244746 119089 15875 385363 341216 16679 27468 237647 156402 65496 15749 142379 117057 17939 7383 974474 920315 50243 3916 32919 32900 19 614820 581118 33702 CLIENT EXPENSE 314235 311460 1897 878 MICELLANEOUS 80277 58801 5507 15969 BAD DEBT 11088 11088 6981438 5776133 952470 252835 207845 1158072 3467212 1830058 742206 1304668 146147 62989 8625796 4160639 8418115 4465157 4445836 4227607 8379109 12451314 25806470 25499865 526551 559108 15710103 8045685 3981131 8314369 20217785 16919162 X 4554680 7594785 1034005 985918 5588685 8580703 25806470 25499865 X 1472949 1519069 X X 0 1 X 1 1 1 X 4084036 1958205 4171322 3023889 3440595 16678047 4084036 1958205 4171322 3023889 3440595 16678047 16678047 164764 654 64640 221829 225478 677365 16127 422 171538 267908 455995 17811407 14397892 0.93640 0.95950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 2200 2200 0 PART II-B, LINE 1: MASSACHUSETTS YOUTHBUILD COALITION ADVOCACY 628505 628505 7418540 3956543 3461997 208688 42899 165789 267983 133947 134036 102080 27250 74830 4465157 NOTES RECEIVABLE 3767607 F NOTES RECEIVABLE - AFFILIATES 460000 F 4227607 PROJECTS UNDER DEVELOPMENT 3453447 RESTRICTED DEPOSITS - HOME IMPROVEMENT PROGRAM FUNDS 1128016 RESTRICTED DEPOSITS - REPLACEMENT RESERVES 151537 RESTRICTED DEPOSITS - OPERATING RESERVES 52531 ESCROWS 18956 INVESTMENT IN AFFILIATES 83920 DUE FROM AFFILIATES 2940472 RESTRICTED DEPOSITS - CONSTRUCTION ESCROW 4622435 12451314 CONTRACTUAL ADVANCES 3507124 DUE TO AFFILIATES 4807245 8314369 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, 2017. 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 18973 TO PROVIDE LAB SETTING COURSES AND PROVIDE INSTRUCTIONAL COURSES. 1 SCHEDULE I PART IV 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. X 0 0 0 0 0 0 0 0 0 DEBORAH RUHE EXECUTIVE DIRECTOR 163914 0 0 0 0 0 4999 0 2851 0 171764 0 0 0 WILLIAM GORDON DIRECTOR OF REAL ESTATE 148878 0 0 0 0 0 3374 0 3766 0 156018 0 0 0 X 1 251400 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AMENDED THE AGENCY'S BY LAWS IN ORDER TO: - ESTABLISH 24 AS THE MAXIMUM NUMBER OF DIRECTORS - LIMIT EACH DIRECTOR'S TERM TO 1 YEAR - ESTABLISH THE ANNUAL MEETING DATE - REDEFINE THE TERM OF THE CHAIR AND VICE CHAIR 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: LOSS ON DISCONTINUED OPERATIONS -49,141. LOSS ON NON-RECOVERABLE CAPITALIZED COSTS -20,363. RESERVE FOR UNCOLLECTIBLE INTEREST RECEIVABLE -1,006,572. SYNDICATION OF JAS CONSOLIDATED 2,595,145. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE AND BOARD OF DIRECTORS REVIEW AND APPROVE THE AUDIT. 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