2017-08-09T15:44:42-05:00 2016-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2016-01-01 237121174 JUST-A-START CORPORATION JUST 6174940444 1035 CAMBRIDGE STREET NO12 CAMBRIDGE MA 02141 DEBORAH RUHE EXECUTIVE DIRECTOR 6174940444 2017-08-08 1 MATTHEW TROIANO CPA P01263939 5083669100 2017-08-08 64.197.103.66 2017-08-08 15:53:43 ED P C3B1CA5E9EDD1B55B0F6E2DA0EC022650C85F82C E389E89C54D8B2D0E67DFD5473BAB8CDEAF766EE 2016 2021-01-29 14:40:06Z DEBORAH RUHE 1035 CAMBRIDGE STREET NO 12 CAMBRIDGE MA 02141 21092244 0 X WWWW.JUSTASTART.ORG X 1970 MA COMMUNITY DEVELOPMENT BY CREATING, RETAINING AND STABILIZING AFFORDABLE HOUSING AND PROVIDING EDUCATION, TRAINING AND PLACEMENT PROGRAMS FOR LOW INCOME YOUTH AND ADULTS. 12 12 108 39 0 0 4171322 17523889 3132301 3174988 64640 221829 422 171538 7368685 21092244 45222 49272 0 0 4078060 3472562 0 0 226915 3062004 2961004 7185286 6482838 183399 14609406 25836301 25806470 20319164 20217785 5517137 5588685 X COMMUNITY DEVELOPMENT BY CREATING, RETAINING AND STABILIZING AFFORDABLE HOUSING AND PROVIDING EDUCATION, TRAINING AND PLACEMENT PROGRAMS FOR LOW INCOME YOUTH AND ADULTS. 0 1 1806912 49272 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 PROGRAM PROVIDES UNEMPLOYED AND UNDER-EMPLOYED ADULTS WITH A PATHWAY TO ENTER THE LOCAL BIOTECH 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. 1512153 1793177 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 45 HOMEOWNERS LAST YEAR. ALSO, THE HOMELESSNESS PREVENTION PROGRAM SUPPORTED 461 HOUSEHOLDS IN RETAINING THEIR HOUSING USING MEDIATION / CONFLICT RESOLUTION AND RENTAL ASSISTANCE FUNDING. 1659067 1553349 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. 4978132 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 31 0 108 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MA X KATHRYN ROSENBERG 6174940444 1035 CAMBRIDGE STREET NO 12 CAMBRIDGE MA 02141 PAUL PARRAVANO VICE PRESIDENT 5.00 X X 0 0 0 PETER MUNKENBECK PRESIDENT 5.00 X X 0 0 0 SHAWN FITZPATRICK DIRECTOR 5.00 X 0 0 0 ALIYAH GARY 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 MICHAEL KUHN DIRECTOR 5.00 X 0 0 0 SALVATORE BOSCO CFO 30.00 X 105308 0 5024 DEBORAH RUHE EXECUTIVE DIRECTOR 37.50 X 152622 0 10604 DIANE SHANNON DIRECTOR OF FINANCE 37.50 X 34562 0 7359 292492 0 22987 2 0 1 0 ACCOUNTING MANAGEMENT SOLUTIONS INC 131 HARTWELL AVE LEXINGTON MA 02421 ACCOUNTING CONSULTANTS 312229 ALEXANDER ARONSON FINNING 21 E MAIN ST WESTBOROUGH MA 01581 AUDITORS 106395 2 2203587 15320302 14500000 17523889 RENTAL INCOME 531110 1553349 1553349 DEVELOPMENT FEES 561700 1153499 1153499 MANAGEMENT AND OTHER FEES 561700 468140 468140 3174988 221829 221829 MISCELLANEOUS REVENUE 900099 108640 108640 RECOVERY OF NOTES RECEIVABLE 900099 62898 62898 171538 21092244 3346526 0 221829 49272 49272 311236 59446 251790 2627954 2222723 234782 170449 68778 57023 543 11212 244011 205200 19850 18961 220583 161244 46473 12866 88171 88171 21501 18736 2765 308041 29143 278898 7402 7402 353564 231903 121661 131883 73545 51866 6472 134473 32163 99911 2399 992421 935263 54947 2211 30584 30584 644592 560200 84392 CLIENT EXPENSE 331560 322559 8636 365 MICELLANEOUS 54774 42419 10375 1980 BAD DEBT 12038 8538 3500 CAPITALIZED COSTS -150000 -150000 6482838 4978132 1277791 226915 4101758 207845 3467212 1151257 742206 101800 146147 16947874 8529759 10620308 8418115 4311752 4445836 5549426 8379109 25836301 25806470 793284 526551 16073955 15710103 3451925 3981131 20319164 20217785 X 5429294 4554680 87843 1034005 5517137 5588685 25836301 25806470 X 14609406 -14537858 X X 0 1 X 1 1 1 X 4467587 4084036 1958205 4171322 3023889 17705039 4467587 4084036 1958205 4171322 3023889 17705039 17705039 107180 164764 654 64640 221829 559067 16127 422 171538 188087 18452193 12849952 0.95950 0.97390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 7402 7402 0 PART II-B, LINE 1: MASSACHUSETTS YOUTHBUILD COALITION ADVOCACY 1182246 1182246 15191227 8389198 6802029 208688 25739 182949 294131 87572 206559 71582 27250 44332 8418115 NOTES RECEIVABLE 3947938 F NOTES RECEIVABLE - AFFILIATES 497898 F 4445836 PROJECTS UNDER DEVELOPMENT 2318238 RESTRICTED DEPOSITS - HOME IMPROVEMENT PROGRAM FUNDS 1433582 RESTRICTED DEPOSITS - REPLACEMENT RESERVES 404484 RESTRICTED DEPOSITS - OPERATING RESERVES 65578 ESCROWS 25467 INVESTMENT IN AFFILIATES 83920 DUE FROM AFFILIATES 2496983 PROPERTY HELD FOR SALE 1550857 8379109 CONTRACTUAL ADVANCES 3481131 DUE TO AFFILIATES 500000 3981131 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, 2016. 1 BUNKER HILL COMMUNITY COLLEGE 250 NEW RUTHERFORD AVENUE BOSTON MA 02129 042710011 501(C)3 17962 TO PROVIDE LAB SETTING COURSES AND PROVIDE INSTRUCTIONAL COURSES. UNIVERSITY OF MASSACHUSETTS BOSTON 100 MORRISSEY BOULEVARD BOSTON MA 02125 043167352 501(C)3 10532 TO CONDUCT SURVEY OF FORMER BIO STUDENTS. 2 X 0 0 0 0 0 0 0 0 0 DEBORAH RUHE EXECUTIVE DIRECTOR 152622 0 0 0 0 0 4362 0 6242 0 163226 0 0 0 X 1 14500000 FMV 0 0 0 FORM 990, PART III, LINE 3 JUST-A-START HOUSE TEEN PARENT PROGRAM PROVIDES TEMPORARY HOUSING AND COMPREHENSIVE SUPPORT SERVICES TO HOMELESS FAMILIES HEADED BY YOUNG MOTHERS BETWEEN THE AGES OF 13 AND 21, REFERRED BY THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES AND DEPARTMENT OF TRANSITIONAL ASSISTANCE. JUST-A-START HOUSE IS A LICENSED GROUP HOME THAT PROVIDES A SAFE, SUPPORTIVE, AND PROGRESSIVELY INDEPENDENT LIVING ENVIRONMENT FOR THESE YOUNG FAMILIES. RESIDENTS RECEIVE CASE MANAGEMENT AND PROGRAMMING TO SUPPORT PARENTING, EDUCATION AND CAREERS, MONEY MANAGEMENT, LIFE SKILLS, AND HOUSING SEARCH. DURING 2016, THIS PROGRAM WAS DISCONTINUED EFFECTIVE APRIL 30, 2016. 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 -37,858. VALUATION ALLOWANCE -14,500,000. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE AND BOARD OF DIRECTORS REVIEW AND APPROVE THE AUDIT. 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