THE PELHMAN CORPORATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE PELHMAN CORPORATION (EIN 04-3145070)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349319452
Schema version
2024v5.2
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)
Return2025-11-17T15:41:08-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CITY SQUAREAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021293742ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043145070EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PELHAM II CORPORATIONBusinessNameLine1Txt
Business Name Line2C/O JOHN M CORCORAN & COMPANYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPELHBusinessNameControlTxt
Phone7818490014PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 GRANDVIEW ROAD 205AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSUSAN DARGANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7818490014PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN LOPreparerPersonNm
PTINP01434915PTIN
Phone6179129000PhoneNum
Preparation2025-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE PELHAM II CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSUSAN DARGANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 GRANDVIEW ROAD 205AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,427,600GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Group Exemption9251GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO MAKE AFFORDABLE HOUSING AVAILABLE TO PERSONS OF LOW AND MODERATE INCOME.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,941,754PYContributionsGrantsAmt
CY Contributions Grants$4,061,686CYContributionsGrantsAmt
PY Program Service Revenue$2,119,964PYProgramServiceRevenueAmt
CY Program Service Revenue$2,253,719CYProgramServiceRevenueAmt
PY Investment Income$10,981PYInvestmentIncomeAmt
CY Investment Income$92,645CYInvestmentIncomeAmt
PY Other Revenue$27,293PYOtherRevenueAmt
CY Other Revenue$19,550CYOtherRevenueAmt
PY Total Revenue$6,099,992PYTotalRevenueAmt
CY Total Revenue$6,427,600CYTotalRevenueAmt
PY Grants And Similar Paid$1,300,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,300,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$603,979PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$617,405CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,112,081PYOtherExpensesAmt
CY Other Expenses$3,250,230CYOtherExpensesAmt
PY Total Expenses$5,016,060PYTotalExpensesAmt
CY Total Expenses$5,167,635CYTotalExpensesAmt
PY Revenues Less Expenses$1,083,932PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,259,965CYRevenuesLessExpensesAmt
Total Assets BOY$10,094,960TotalAssetsBOYAmt
Total Assets EOY$10,906,874TotalAssetsEOYAmt
Total Liabilities BOY$23,184,967TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,736,916TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$13,090,007NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$11,830,042NetAssetsOrFundBalancesEOYAmt
MissionTO MAKE AFFORDABLE HOUSING AVAILABLE TO PERSONS OF LOW AND MODERATE INCOME.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,812,978ExpenseAmt
Grant$1,300,000GrantAmt
Revenue$2,260,024RevenueAmt
DescTO MAKE AFFORDABLE HOUSING AVAILABLE TO PERSONS OF LOW AND MODERATE INCOME.Desc
Total Program Service Expenses$4,812,978TotalProgramServiceExpensesAmt
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 CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
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 Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
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 Line1CHERYL PENN CO JOHN M CORCORAN & COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7818490014PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 GRANDVIEW ROAD 205AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JOANN BARBOUR
TRUSTEE0.100.40Yes (X)$0$0$0
BRIAN ENGLER
TRUSTEE0.100.40Yes (X)$0$0$0
GEOFFREY ENGLER
TRUSTEE0.100.40Yes (X)$0$0$0
EDNA SMITH
TRUSTEE0.100.40Yes (X)$0$0$0
JAMES STOCKARD
TRUSTEE0.100.40Yes (X)$0$0$0
SUSAN P DARGAN
PRESIDENT (FROM 11/14/24)0.200.80Yes (X)$0$0$0Yes (X)
ROBERT E ENGLER
PRESIDENT (UNTIL 11/14/24)0.200.80Yes (X)$0$0$0Yes (X)
PHILIP GIFFEE
CLERK0.200.60Yes (X)$0$0$0Yes (X)
MARVIN M SIFLINGER
CHAIRMAN0.100.40Yes (X)$0$0$0Yes (X)
JEANNE STRICKLAND
TREASURER0.200.60Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CORCORAN MANAGEMENT COMPANY INC
100 GRANDVIEW ROAD SUITE 207BRAINTREEMA02184PROPERTY MANAGEMENT/BOOKKEEPING$374,134
COASTAL CARPET INC
30 ROBERT W BOYDEN ROADTAUNTONMA02780CARPET/FLOORING$133,244
NOBEL COMPANY INC
PO BOX 505538CHELSEAMA02150CLEANING SERVICES$118,151
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$4,061,686GovernmentGrantsAmt
Total Contributions$4,061,686TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business532000BusinessCd
Total Revenue Column$2,253,719TotalRevenueColumnAmt
Related Or Exempt Func Income$2,253,719RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,253,719TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$92,645TotalRevenueColumnAmt
Exclusion$92,645ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CABLE INCOME900099$8,838$8,838
LAUNDRY532000$2,813$2,813
UTILITY REIMBURSEMENT900099$1,594$1,594

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,305TotalRevenueColumnAmt
Related Or Exempt Func Income$6,305RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$19,550OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,427,600TotalRevenueColumnAmt
Related Or Exempt Func Income$2,260,024RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$105,890ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,300,000TotalAmt
Program Services$1,300,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$497,362TotalAmt
Program Services$497,362ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,851TotalAmt
Program Services$3,851ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$116,192TotalAmt
Program Services$116,192ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$313,482TotalAmt
Management And General$313,482ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$30,532TotalAmt
Program Services$30,532ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,175TotalAmt
Management And General$41,175ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,222TotalAmt
Program Services$2,222ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$25,795TotalAmt
Program Services$25,795ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$78,284TotalAmt
Program Services$78,284ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$772TotalAmt
Program Services$772ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$562,971TotalAmt
Program Services$562,971ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,790TotalAmt
Program Services$3,790ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$620,647TotalAmt
Program Services$620,647ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$223,941TotalAmt
Program Services$223,941ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$189,768TotalAmt
Program Services$189,768ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
OPERATION & MAINTENANCE$825,862$825,862
ELDERLY AND CONGREGATE$247,745$247,745
BAD DEBT EXPENSE$41,891$41,891
SECURITY CONTRACT$6,073$6,073

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$35,280TotalAmt
Program Services$35,280ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,167,635TotalAmt
Program Services$4,812,978ProgramServicesAmt
Management And General$354,657ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,808,063BOYAmt
EOY$3,474,005EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$99,492BOYAmt
EOY$102,538EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$66,545BOYAmt
EOY$82,055EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$220,683BOYAmt
EOY$239,646EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$21,073,453LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,491,238LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,489,118BOYAmt
EOY$4,582,215EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,411,059BOYAmt
EOY$2,426,415EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,094,960BOYAmt
EOY$10,906,874EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$390,169BOYAmt
EOY$345,301EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,683BOYAmt
EOY$55,050EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$97,626BOYAmt
EOY$99,994EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$22,671,489BOYAmt
EOY$22,236,571EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,184,967BOYAmt
EOY$22,736,916EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$13,090,007BOYAmt
EOY-$11,830,042EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$13,090,007BOYAmt
EOY-$11,830,042EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,094,960BOYAmt
EOY$10,906,874EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,259,965ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

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$3,064,468CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,407,450CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,822,248CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,941,754CurrentTaxYearMinus1YearAmt
Current Tax Year$4,061,686CurrentTaxYearAmt
Total$18,297,606TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,064,468CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,407,450CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,822,248CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,941,754CurrentTaxYearMinus1YearAmt
Current Tax Year$4,061,686CurrentTaxYearAmt
Total$18,297,606TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$18,297,606PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,823CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,114CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,112CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,981CurrentTaxYearMinus1YearAmt
Current Tax Year$92,645CurrentTaxYearAmt
Total$110,675TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,007CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,240CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,205CurrentTaxYearMinus1YearAmt
Current Tax Year$13,245CurrentTaxYearAmt
Total$83,718TotalAmt
FieldValueIRS element (for citing)
Total Support$18,491,999TotalSupportAmt
Gross Receipts Rltd Activities$10,138,713GrossReceiptsRltdActivitiesAmt
Public Support CY1700.98950PublicSupportCY170Pct
Public Support PY1700.99430PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationCABLE INCOME - 2020 AMOUNT: $ 11,269. 2021 AMOUNT: $ 12,686. 2022 AMOUNT: $ 11,409. 2023 AMOUNT: $ 10,105. 2024 AMOUNT: $ 8,838. UTILITY REIMBURSEMENT - 2020 AMOUNT: $ 3,146. 2021 AMOUNT: $ 1,417. 2022 AMOUNT: $ 3,545. 2023 AMOUNT: $ 3,702. 2024 AMOUNT: $ 1,594. LAUNDRY AND VENDING - 2020 AMOUNT: $ 3,606. 2021 AMOUNT: $ 3,904. 2022 AMOUNT: $ 2,286. 2023 AMOUNT: $ 3,398. 2024 AMOUNT: $ 2,813.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

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,454,330OtherCostOrOtherBasisAmt
Book Value$1,454,330BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,323,374OtherCostOrOtherBasisAmt
Depreciation$16,234,162DepreciationAmt
Book Value$3,089,212BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$295,749OtherCostOrOtherBasisAmt
Depreciation$257,076DepreciationAmt
Book Value$38,673BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,582,215TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
ESCROW DEPOSITS$277,699
REPLACEMENT RESERVE$2,148,716
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,426,415TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,385,709TotalRevEtcAuditedFinclStmtAmt
Other Revenue-$41,891OtherRevenueAmt
Revenue Not Reported-$41,891RevenueNotReportedAmt
Revenue Subtotal$6,427,600RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,427,600TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,125,744TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,125,744ExpensesSubtotalAmt
Other Expenses Not Included$41,891OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$41,891ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,167,635TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE ESCROW LIABILITY AMOUNTS CONSIST OF: TENANT SECURITY DEPOSITS $ 99,994 THE TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE BANK ACCOUNT AND ARE REFUNDED TO THE TENANT AT THE END OF THE LEASE.
PART X, LINE 2:NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE CORPORATION WAS FORMED AS A TAX EXEMPT ORGANIZATION AND HAS BEEN GRANTED SECTION 501(C)(3) STATUS BY THE INTERNAL REVENUE SERVICE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2021.
PART XI, LINE 2D - OTHER ADJUSTMENTS:BAD DEBT EXPENSE NETTED WITH REVENUE -41,891.
PART XII, LINE 4B - OTHER ADJUSTMENTS:BAD DEBT EXPENSE NETTED WITH REVENUE 41,891.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PELHAM CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 GRANDVIEW ROAD SUITE 205AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Recipient EIN043018996RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$1,300,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantGENERAL PURPOSE CONTRIBUTIONPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE $1,300,000 GRANT FROM THE PELHAM II CORPORATION TO THE PELHAM CORPORATION ARE MONITORED BY AN INVESTMENT COMMITTEE MADE UP OF MEMBERS FROM THE PELHAM CORPORATION BOARD. THE INVESTMENT COMMITTEE CAN MAKE RECOMMENDATIONS ON THE USE OF FUNDS AND REPORTS TO THE PELHAM CORPORATION FOR APPROVAL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TRUSTEES, GEOFFREY ENGLER AND BRIAN ENGLER, AND PRESIDENT, ROBERT ENGLER HAVE A FAMILY AND BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 3THE PROPERTY IS MANAGED BY JOHN M. CORCORAN & COMPANY
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS SENT TO THE ORGANIZATION'S EXECUTIVE DIRECTOR FOR REVIEW AND SIGNATURE PRIOR TO FILING. IN ADDITION, THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWER, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS REQUIRED TO SIGN A STATEMENT ANNUALLY THAT AFFIRMS THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION'S ACTIVITIES AS IT RELATES TO ITS TAX-EXEMPT PURPOSE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DESIGNATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. WHEN APPLICABLE, THE ORGANIZATION PERIODICALLY REVIEWS THAT COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULTS OF ARM'S LENGTH BARGAINING; AND WHETHER PARTNERSHIPS, JOINT VENTURES AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S POLICIES. THE ORGANIZATION MAY, BUT NEED NOT, USE OUTSIDE ADVISORS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES THE INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 IS AVAILABLE WITHOUT SCHEDULE B VIA CANDID AND THE MASSACHUSETTS OFFICE OF ATTORNEY GENERAL'S WEBSITE.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
THE PELHAM CORPORATION
100 GRANDVIEW ROAD SUITE 205BRAINTREEMA02184043018996AFFORDABLE HOUSINGMA501(C)(3)LINE 10N/A0
PELHAM LIFE LONG LEARNING CENTER INC
100 GRANDVIEW ROAD SUITE 205BRAINTREEMA02184820614029EDUCATIONAL AND LIFE SKILLS PROGRAMSMA501(C)(3)LINE 70THE PELHAM CORPORATION
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
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 OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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