BETA

HABITAT FOR HUMANITY INTERNATIONAL INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
HABITAT FOR HUMANITY INTERNATIONAL INC (EIN 04-2994233)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-16
IRS object ID
201621379349310602
Schema version
2014v6.0
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)
Return2016-05-16T18:04:05-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043097400PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KEVIN P MARTIN ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 FORBES WESTAddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042994233EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HABITAT FOR HUMANITY GREATER BOSTON INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHABIBusinessNameControlTxt
Phone6174232223PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1240 COMMERCIAL STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLARK PALERMOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6174232223PhoneNum
Signature2016-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHERESA J CREEDENPreparerPersonNm
PTINP00747568PTIN
Phone7813803520PhoneNum
Preparation2016-05-16PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLARK PALERMOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1240 COMMERCIAL STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,871,650GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Group Exemption8545GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HABITATBOSTON.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO BUILD HOMES IN PARTNERSHIP WITH LOW-INCOME FAMILIES WITH VOLUNTEER LABOR, DONATED MATERIALS AND CHARITABLE GIFTS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3000TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,623,676PYContributionsGrantsAmt
CY Contributions Grants$1,820,597CYContributionsGrantsAmt
PY Program Service Revenue$1,344,046PYProgramServiceRevenueAmt
CY Program Service Revenue$1,005,486CYProgramServiceRevenueAmt
PY Investment Income$8,510PYInvestmentIncomeAmt
CY Investment Income$32,967CYInvestmentIncomeAmt
PY Other Revenue-$17,071PYOtherRevenueAmt
CY Other Revenue-$19,068CYOtherRevenueAmt
PY Total Revenue$2,959,161PYTotalRevenueAmt
CY Total Revenue$2,839,982CYTotalRevenueAmt
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$895,861PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$867,588CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$178,814CYTotalFundraisingExpenseAmt
PY Other Expenses$2,178,763PYOtherExpensesAmt
CY Other Expenses$1,891,263CYOtherExpensesAmt
PY Total Expenses$3,074,624PYTotalExpensesAmt
CY Total Expenses$2,758,851CYTotalExpensesAmt
PY Revenues Less Expenses-$115,463PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$81,131CYRevenuesLessExpensesAmt
Total Assets BOY$12,009,944TotalAssetsBOYAmt
Total Assets EOY$11,870,748TotalAssetsEOYAmt
Total Liabilities BOY$3,895,514TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,675,187TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,114,430NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,195,561NetAssetsOrFundBalancesEOYAmt
MissionHABITAT BUILDS HOMES IN PARTNERSHIP WITH LOW-INCOME FAMILIES USING VOLUNTEER LABOR, DONATED MATERIALS AND CHARITABLE GIFTS. IT CONDUCTS HOMEOWNERSHIP CLASSES AND PROVIDES FAMILIES WITH 0% INTEREST LOANS, MAKING HOMEOWNERSHIP AFFORDABLE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$198,125ExpenseAmt
DescFAMILY SERVICESSUPPORT OF LOW-INOCME FAMILIES TO BECOME AND REMAIN AS HOMEOWNERS IN THE GREATER BOSTON AREA.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,385,386ExpenseAmt
Revenue$600,000RevenueAmt
DescPRE/POST CONVEYANCE EXPENSESEACH HABITAT FAMILY HELPS BUILD THEIR HOME BY PROVIDING AT LEAST 300 HOURS OF "SWEAT EQUITY". WHEN THE HOME IS COMPLETE, HABITAT SELLS IT TO THE FAMILY FOR AN AFFORDABLE PRICE WHICH IS EQUAL TO OR LESS THAN THE FINAL ACCUMULATED DEVELOPMENT COST AND ALSO PROVIDES THE FAMILY WITH A NO-INTEREST MORTGAGE LOAN. THE ORGANIZATION IS RESPONSIBLE FOR RAISING FUNDS FOR ALL OF ITS PROJECTS, ITS ANNUAL OPERATING BUDGET AND FOR "TITHING" 10% OF ITS UNRESTRICTED REVENUES TO HFHI PROJECTS OVERSEAS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$805,073ExpenseAmt
Revenue$405,486RevenueAmt
DescRESTORE: IN 2011, THE ORGANIZATION OPENED UP THE HABITAT RESTORE. THE HABITAT RESTORE IS A RETAIL BUSINESS THAT ACCEPTS DONATIONS OF NEW AND GENTLY-USED BUILDING MATERIALS, FURNITURE, APPLIANCES, AND HOUSEWARES AND RESELLS THEM TO THE GENERAL PUBLIC THROUGH A RETAIL STORE FRONT WAREHOUSE. THE HABITAT RESTORES HELP TO PROTECT THE ENVIRONMENT BY KEEPING HUNDREDS OF TONS OF MATERIAL OUT OF OUR LANDFILLS AND IN THIS TIGHT ECONOMY THEY PROVIDE A LOW-COST OUTLET FOR HOME IMPROVEMENT MATERIALS MAKING HOME RENOVATIONS AND IMPROVEMENTS MORE AFFORDABLE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,388,584TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
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 ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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 Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
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 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
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174232223PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1240 COMMERCIALAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SUANNE ST CHARLES
CHAIR1.00Yes (X)Yes (X)$0$0$0
SUSAN WINSTON LEFF
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
WILLIAM DISCHINO
TREASURER1.00Yes (X)Yes (X)$0$0$0
ROBERT E KENNEY
CLERK1.00Yes (X)Yes (X)$0$0$0
MIKE FISH
DIRECTOR1.00Yes (X)$0$0$0
JAMES KIRBY
DIRECTOR1.00Yes (X)$0$0$0
JORDON KRASNOW
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL LIU
DIRECTOR1.00Yes (X)$0$0$0
GISELA LOPIANO
DIRECTOR5.00Yes (X)$0$0$0
MAHMOOD MALIHI
DIRECTOR5.00Yes (X)$0$0$0
ANTHONY PAPANTONIS
DIRECTOR1.00Yes (X)$0$0$0
HOWARD WAYNE
DIRECTOR1.00Yes (X)$0$0$0
LARK PALERMO
PRES/CEO40.00Yes (X)$157,500$0$7,321
FieldValueIRS element (for citing)
Total Reportable Comp From Org$157,500TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$7,321TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$218,258FundraisingAmt
All Other Contributions$1,602,339AllOtherContributionsAmt
Noncash Contributions$477,731NoncashContributionsAmt
Total Contributions$1,820,597TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TRANSFERS TO HOMEOWNER453310$600,000$600,000
RESTORE STORE531390$405,486$405,486
FieldValueIRS element (for citing)
Total Program Service Revenue$1,005,486TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,967TotalRevenueColumnAmt
Exclusion$32,967ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$12,600FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$218,258ContriRptFundraisingEventAmt
Fundraising Direct Expenses$31,668FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$19,068TotalRevenueColumnAmt
Exclusion-$19,068ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,839,982TotalRevenueColumnAmt
Related Or Exempt Func Income$1,005,486RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$13,899ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$167,321TotalAmt
Program Services$92,027ProgramServicesAmt
Management And General$41,830ManagementAndGeneralAmt
Fundraising$33,464FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$585,904TotalAmt
Program Services$492,929ProgramServicesAmt
Management And General$46,861ManagementAndGeneralAmt
Fundraising$46,114FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$42,430TotalAmt
Program Services$34,720ProgramServicesAmt
Management And General$3,965ManagementAndGeneralAmt
Fundraising$3,745FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$71,933TotalAmt
Program Services$56,024ProgramServicesAmt
Management And General$8,376ManagementAndGeneralAmt
Fundraising$7,533FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,080TotalAmt
Program Services$65ProgramServicesAmt
Management And General$2,015ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,918TotalAmt
Management And General$38,918ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$52,439TotalAmt
Program Services$12,546ProgramServicesAmt
Management And General$11,403ManagementAndGeneralAmt
Fundraising$28,490FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,393TotalAmt
Program Services$1,131ProgramServicesAmt
Management And General$262ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$104,712TotalAmt
Program Services$61,308ProgramServicesAmt
Management And General$14,015ManagementAndGeneralAmt
Fundraising$29,389FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$276,390TotalAmt
Program Services$251,242ProgramServicesAmt
Management And General$10,135ManagementAndGeneralAmt
Fundraising$15,013FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$51,465TotalAmt
Program Services$46,193ProgramServicesAmt
Management And General$3,384ManagementAndGeneralAmt
Fundraising$1,888FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,696TotalAmt
Program Services$6,741ProgramServicesAmt
Fundraising$1,955FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$56,595TotalAmt
Program Services$56,595ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$51,192TotalAmt
Program Services$35,483ProgramServicesAmt
Management And General$4,486ManagementAndGeneralAmt
Fundraising$11,223FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,542TotalAmt
Program Services$11,739ProgramServicesAmt
Management And General$5,803ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
COST OF HOMES SOLD$554,241$554,241
COST OF DONATED - RESTO$405,486$405,486
AMORTIZATION OF MORTGAG$234,204$234,204
TITHE EXPENSE$28,559$28,559

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,351TotalAmt
Program Services$7,351ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,758,851TotalAmt
Program Services$2,388,584ProgramServicesAmt
Management And General$191,453ManagementAndGeneralAmt
Fundraising$178,814FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY-$1EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,262,797BOYAmt
EOY$1,195,074EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$57,878BOYAmt
EOY$117,628EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$895EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$7,183,198BOYAmt
EOY$7,203,909EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$20,937BOYAmt
EOY$11,190EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,308,627LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$209,916LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,219,859BOYAmt
EOY$3,098,711EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$265,275BOYAmt
EOY$243,342EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,009,944BOYAmt
EOY$11,870,748EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$136,625BOYAmt
EOY$129,027EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,744,164BOYAmt
EOY$3,534,763EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,725BOYAmt
EOY$11,397EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,895,514BOYAmt
EOY$3,675,187EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,039,430BOYAmt
EOY$8,091,561EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$75,000BOYAmt
EOY$104,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,114,430BOYAmt
EOY$8,195,561EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,009,944BOYAmt
EOY$11,870,748EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$81,131ReconcilationRevenueExpnssAmt
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)
ChurchYes (X)ChurchInd

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)
Investment Cost Or Other Basis$3,004,721InvestmentCostOrOtherBasisAmt
Book Value$3,004,721BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$229,289OtherCostOrOtherBasisAmt
Depreciation$142,048DepreciationAmt
Book Value$87,241BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,117OtherCostOrOtherBasisAmt
Depreciation$52,117DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,500OtherCostOrOtherBasisAmt
Depreciation$15,751DepreciationAmt
Book Value$6,749BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,098,711TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEPOSITS$3,397
LAND DEPOSIT$8,000
FieldValueIRS element (for citing)
Total Liability$11,397TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,782,282TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$144,836DonatedServicesAndUseFcltsAmt
Other Revenue-$202,536OtherRevenueAmt
Revenue Not Reported-$57,700RevenueNotReportedAmt
Revenue Subtotal$2,839,982RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,839,982TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,701,151TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$144,836DonatedServicesUseFcltsAmt
Other Expenses Included$31,668OtherExpensesIncludedAmt
Expenses Not Reported$176,504ExpensesNotReportedAmt
Expenses Subtotal$2,524,647ExpensesSubtotalAmt
Other Expenses Not Included$234,204OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$234,204ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,758,851TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:U.S. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR THE YEAR ENDED JUNE 30, 2015, THE ORGANIZATION HAS DETERMINED THAT IT HAS NOT TAKEN ANY TAX POSITIONS WHICH WOULD RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 31,668. AMORTIZATION OF MORTGAGE INEREST -234,204.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 31,668.
PART XII, LINE 4B - OTHER ADJUSTMENTS:AMORTIZATION OF MORTGAGE INTEREST 234,204.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AMERICAN DREAM BREAKFASTEvent1Nm
Gross Receipts Event1$222,967GrossReceiptsEvent1Amt
Charitable Contri Event1$210,367CharitableContriEvent1Amt
Gross Revenue Event1$12,600GrossRevenueEvent1Amt
Other Direct Expenses Event1$31,668OtherDirectExpensesEvent1Amt
Event2OTHER EVENTSEvent2Nm
Gross Receipts Event2$7,891GrossReceiptsEvent2Amt
Charitable Contri Event2$7,891CharitableContriEvent2Amt
Gross Receipts Total$230,858GrossReceiptsTotalAmt
Charitable Contributions Tot$218,258CharitableContributionsTotAmt
Gross Revenue Total Events$12,600GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$31,668OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$31,668DirectExpenseSummaryEventsAmt
Net Income Summary-$19,068NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLARK PALERMOPersonNm
TitlePRES/CEOTitleTxt
Base Compensation Filing Org$157,500BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$7,321NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$164,821TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)HOUSEHOLD ITEMS1500$405,486ERSALE COLLECTIONS
Yes (X)PROFESSIONAL SERVICES CAPITALIZED1$72,245FMV
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11FORM REVIEWED BY PRESIDENT AND COPY PROVIDED TO BOARD'S EXECUTIVE COMMITTEE PRIOR TO SUBMISSION
FORM 990, PART VI, SECTION B, LINE 12CORGANIZATION BOARD OF DIRECTORS MUST APPROVE ALL CONFLICTS PRIOR TO ACTIVITY.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT, CEO, AND ALL SENIOR STAFF ANNUALLY. COMPENSATION BASED ON COMPARABLE DATA IN FROM JULY 2014.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS ARE AVAILABLE AT THE MA SECRETARY OF STATE WEBSITE OR UPON WRITTEN REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGE IN PROCESS FROM PRIOR YEAR

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