ALLSTON BRIGHTON COMM DEV CORP: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ALLSTON BRIGHTON COMM DEV CORP (EIN 04-2716278)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202513189349302836
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)
Return2025-11-14T08:47:19-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042716278EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALLSTON BRIGHTON COMMUNITY DEVELOPMENTBusinessNameLine1Txt
Business Name Line2CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlALLSBusinessNameControlTxt
Phone6177873874PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line118R SHEPARD STREET SUITE 100AddressLine1Txt
CityBRIGHTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02135ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN WOODSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6177873874PhoneNum
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSORIE KABA CPAPreparerPersonNm
PTINP01317106PTIN
Phone5083669100PhoneNum
Preparation2025-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN WOODSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line118R SHEPARD STREET SUITE 100AddressLine1Txt
CityBRIGHTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02135ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,904,710GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressALLSTONBRIGHTONCDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1980FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION BUILDS A STRONGER AND MORE STABLE COMMUNITY BY REPRESENTING AND SUPPORTING THE EXPRESSED INTERESTS, POSITIVE ENGAGEMENT AND LEADERSHIP OF ALLSTON BRIGHTON'S DIVERSE LOCAL COMMUNITIES, INSTITUTIONS, INDIVIDUALS AND FAMILIES OF ALL INCOMES.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,972,793PYContributionsGrantsAmt
CY Contributions Grants$3,560,348CYContributionsGrantsAmt
PY Program Service Revenue$1,812,051PYProgramServiceRevenueAmt
CY Program Service Revenue$3,184,865CYProgramServiceRevenueAmt
PY Investment Income$75,187PYInvestmentIncomeAmt
CY Investment Income$141,166CYInvestmentIncomeAmt
PY Other Revenue-$498PYOtherRevenueAmt
CY Other Revenue$5,694CYOtherRevenueAmt
PY Total Revenue$8,859,533PYTotalRevenueAmt
CY Total Revenue$6,892,073CYTotalRevenueAmt
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$1,670,405PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,807,134CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,270,425PYOtherExpensesAmt
CY Other Expenses$3,787,643CYOtherExpensesAmt
PY Total Expenses$3,940,830PYTotalExpensesAmt
CY Total Expenses$5,594,777CYTotalExpensesAmt
PY Revenues Less Expenses$4,918,703PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,297,296CYRevenuesLessExpensesAmt
Total Assets BOY$20,617,453TotalAssetsBOYAmt
Total Assets EOY$51,818,204TotalAssetsEOYAmt
Total Liabilities BOY$17,939,833TotalLiabilitiesBOYAmt
Total Liabilities EOY$52,950,976TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,677,620NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$1,132,772NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION (THE CDC) BUILDS A STRONGER AND MORE STABLE COMMUNITY BY REPRESENTING AND SUPPORTING THE EXPRESSED INTERESTS, POSITIVE ENGAGEMENT AND LEADERSHIP OF ALLSTON BRIGHTON'S DIVERSE LOCAL COMMUNITIES, INSTITUTIONS, INDIVIDUALS AND FAMILIES OF ALL INCOMES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$816,212ExpenseAmt
Revenue$1,126,733RevenueAmt
DescHOUSING DEVELOPMENT AND MANAGEMENT AND RESIDENT SERVICES.IN MARCH, ACQUIRED A HISTORIC BUILDING IN BRIGHTON CENTER CONSISTING OF 33 APARTMENT UNITS AND 7,500 SQUARE FEET OF COMMERCIAL SPACE. ACQUISITION FUNDING WAS PROVIDED BY THE CITY OF BOSTON AND CEDAC. THE PROPERTY WILL BE REHABILITATED AND CONVERTED TO AFFORDABLE RENTAL HOUSING. IN JULY, BEGAN CONSTRUCTION ON THE DEEP ENERGY RETROFIT OF A 20-UNIT PROPERTY, SWITCHING TO ALL ELECTRIC HEATING, COOLING AND DOMESTIC HOT WATER. THIS PROJECT IS FUNDED BY A GREEN FINANCING LOAN FROM MASSACHUSETTS HOUSING PARTNERSHIP, $2.6 MILLION IN STATE AND CITY FUNDS, PRIVATE GRANTS, AND THE PRELIMINARY APPROVAL IN 2024 OF $330,000 IN UTILITY INCENTIVES FROM THE LOW-INCOME ENERGY ASSISTANCE NETWORK (LEAN). THIS REHAB IS PROJECTED TO REDUCE ENERGY USAGE BY 70%. IN NOVEMBER, COMPLETED THE DEEP ENERGY RETROFIT OF A 33-UNIT PROPERTY. THIS REHAB WAS PRIMARILY FUNDED BY 4% LOW INCOME HOUSING TAX CREDITS (LIHTC) AND $4 MILLION IN PUBLIC FUNDS. SECURED A $2 MILLION GRANT FROM THE DEPARTMENT OF ENERGY RESOURCES TO DECARBONIZE A 50-UNIT PROPERTY. PENDING THE RECEIPT OF ADDITIONAL PUBLIC AND PRIVATE FUNDS, THIS PROJECT WILL COMMENCE IN FALL 2025. AWARDED 49 PROJECT-BASED VOUCHERS (PBVS) FROM THE BOSTON HOUSING AUTHORITY THAT WILL BE USED AT THE FUTURE DEVELOPMENT OF 49 UNITS OF AFFORDABLE RENTAL APARTMENTS FOR OLDER ADULTS AT A SITE ACQUIRED IN LATE 2023. A SMALL PROJECT REVIEW APPLICATION WAS SUBMITTED TO THE CITY OF BOSTON IN AUGUST. THIS NEW CONSTRUCTION PROJECT IS ANTICIPATED TO START IN 2026.PROVIDED SERVICES FOR RESIDENTS IN 506 UNITS OF RENTAL HOUSING, WITH A MIXTURE OF VIRTUAL AND IN-PERSON PROGRAMMING. MET WITH RESIDENTS FOR 487 UNIQUE MEETINGS ON A RANGE OF TOPICS, INCLUDING HOUSING STABILITY, FINANCIAL ASSISTANCE, SUPPORTIVE SERVICES AND ADMINISTRATIVE SUPPORT. ASSISTED 52 RESIDENTS WITH RENTAL AND UTILITY ASSISTANCE APPLICATIONS, RECEIVING APPROVAL FOR $136,285 TO HELP PREVENT DISPLACEMENT AND SUPPORT ECONOMIC RECOVERY. PRODUCED AND DISTRIBUTED A BI-MONTHLY NEWSLETTER TO 506 HOUSEHOLDS TO KEEP THEM INFORMED ABOUT RESOURCES, EVENTS AND SUPPORT AVAILABLE THROUGH THE PROGRAM AND IN THE NEIGHBORHOOD. HELD BI-MONTHLY MOBILE FOOD PANTRIES AT 2 PROPERTY SITES IN PARTNERSHIP WITH ABCD, PROVIDING 306 BAGS OF FOOD. CONTINUED AN AFTER-SCHOOL PROGRAM FOR 13 YOUTH WITH 13 TUTORS FROM BOSTON COLLEGE PROVIDING ACADEMIC SUPPORT. LAUNCHED A PARTNERSHIP WITH BOSTON UNIVERSITY'S ANATOMY ACADEMY, PROVIDING YOUTH WITH INTERACTIVE SCIENCE LEARNING EXPERIENCES. DISTRIBUTED BACKPACKS AND SCHOOL SUPPLIES TO 115 YOUTH AT THE START OF THE ACADEMIC YEAR. HOSTED A COMMUNITY VACCINATION CLINIC AND CONTINUED DISTRIBUTING COVID TEST KITS AND MASKS THROUGHOUT THE YEAR TO SUPPORT RESIDENTS' HEALTH AND SAFETY. DELIVERED 54 RESIDENT PROGRAMS IN COLLABORATION WITH LOCAL PARTNERS. PARTNERED WITH MASSHOUSING'S TAP PROGRAM TO ENHANCE RESIDENT ENGAGEMENT AND ACCESS TO RESOURCES. COLLABORATED WITH THE ELIOT SCHOOL OF FINE AND APPLIED ARTS TO RUN ADULT CERAMICS WORKSHOPS, OFFERING CREATIVE OUTLETS FOR EXPRESSION AND HEALING. INTRODUCED A MEDIATION AND ART SERIES, HELPING RESIDENTS EXPLORE CONFLICT RESOLUTION THROUGH ART-BASED PRACTICES. FACILITATED A MASS BIOED WORKSHOP TO PROMOTE STEM ENGAGEMENT AND CAREER EXPLORATION. HOSTED AN ALZHEIMER'S AWARENESS WORKSHOP TO SUPPORT CAREGIVERS AND RAISE AWARENESS OF MEMORY CARE RESOURCES. OFFERED ZUMBA AND YOGA WELLNESS CLASSES TO PROMOTE PHYSICAL ACTIVITY AND MENTAL HEALTH. CELEBRATED THE SEASONS WITH THEMED EVENTS INCLUDING THE ANNUAL BLOCK PARTY, HAUNTED HALLWAY, AND, IN PARTNERSHIP WITH ABCD, TURKEY DISTRIBUTION. DURING THE DECEMBER HOLIDAYS, DISTRIBUTED TOYS FOR 129 CHILDREN IN PARTNERSHIP WITH TOYS FOR TOTS. IN TOTAL, 642 RESIDENTS ATTENDED OUR RESIDENT PROGRAMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$888,405ExpenseAmt
Revenue$45,249RevenueAmt
DescCOMMUNITY ENGAGEMENT. ENCOURAGED A HEALTHY, AFFORDABLE, EQUITABLE AND ENGAGED ALLSTON BRIGHTON BY STRENGTHENING OUR WORK WITH LOW-AND MODERATE-INCOME RESIDENTS SO THAT THEY CAN CONTINUE TO HAVE THE OPPORTUNITY TO RESIDE IN AND BECOME LEADERS IN THE ALLSTON BRIGHTON COMMUNITY. FACILITATED MEETINGS WITH RESIDENT MEMBERS OF THE FANEUIL GARDENS IMPACT ADVISORY GROUP (IAG) REGARDING UNDERSTANDING THE ARTICLE 80 DEVELOPMENT REVIEW PROCESS BEING HELD AS PART OF THE REDESIGN OF THEIR DEVELOPMENT. DEVELOPED AND FACILITATED AN AFTER-SCHOOL PROGRAM FOR YOUTH AT FANEUIL GARDENS THAT FOCUSED ON INCREASING THEIR SOCIAL, PHYSICAL AND EMOTIONAL WELL-BEING. YOUTH PROGRAM SUPPORT SPECIALISTS AND VOLUNTEERS OFFERED HOMEWORK HELP AND ADDITIONAL ACADEMIC ENRICHMENT, INCLUDING VISITS TO THE LOCAL LIBRARY AND WEEKLY PROGRAMMING BY THE HARVARDEDPORTAL. FUNDED BY A STATE GRANT, THE PROGRAM ALSO ARRANGED FOR SCHOLARSHIPS FOR YOUTH TO ATTEND SUMMER PROGRAMMING AT THE OAK SQUARE YMCA. CONTINUED TO PARTICIPATE IN AND SERVE AS FISCAL SPONSOR FOR THE ALLSTON BRIGHTON HEALTH COLLABORATIVE, FORMED TO WORK ACROSS SECTORS TO IMPROVE OVERALL COMMUNITY HEALTH.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$243,287ExpenseAmt
Revenue$50,355RevenueAmt
DescHOMEBUYING EDUCATION AND COUNSELING.PREPARED FIRST-TIME HOMEBUYERS FOR AFFORDABLE AND SUSTAINABLE HOMEOWNERSHIP: TAUGHT SIXTEEN 9-HOUR HOMEBUYING 101 CLASSES, FOUR OF THEM IN SPANISH, GRADUATING 625 HOUSEHOLDS; PROVIDED ONE-ON-ONE PRE-PURCHASE COUNSELING TO 76 GRADUATES OF THE HOMEBUYING 101 CLASSES; AND GRADUATED 63 INDIVIDUALS FROM FRAMEWORK, AN ONLINE HOMEBUYER EDUCATION COURSE. HOMEBUYING 101 CLASSES AND PRE-PURCHASE COUNSELING WERE PROVIDED ONLINE. EDUCATED 191 PROSPECTIVE FIRST-TIME HOMEBUYERS THROUGH ONE OF OUR THREE EDUCATIONAL WORKSHOPS: HOMEBUYING 100: INTRODUCTION TO HOMEBUYING; HOMEBUYING 102: HOMEBUYING ASSISTANCE; AND HOMEBUYING 202: CONDO PURCHASE AND OWNERSHIP. THESE WORKSHOPS WERE OFFERED A COMBINED 19 TIMES THROUGHOUT 2024; FOUR OF THE HOMEBUYING 102 WORKSHOPS WERE PROVIDED IN BOTH ENGLISH AND SPANISH. ONE OF THE TEAM'S TWO HUD-CERTIFIED HOUSING COUNSELORS IS FLUENT IN BOTH SPANISH AND ENGLISH AND PROVIDES EDUCATION AND GUIDANCE TO SPANISH-SPEAKING PROSPECTIVE HOMEBUYERS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (6 entries)

RevenueRevenueAmtDescDescExpenseExpenseAmt
$52,000CAROL AVENUE PROPERTY - 33 AFFORDABLE HOUSING UNITS
$116,4896 QUINT AVENUE PROPERTY - 15 AFFORDABLE HOUSING UNITS$115,040
$556,250HANO HOMES LIMITED PARTNERSHIP - 20 AFFORDABLE HOUSING UNITS$799,452
$222,823WARREN HALL ACQUISITION LLC - THIRTY-THREE-UNIT APARTMENT PROPERTY$766,668
$90,760EVERETT STREET CROSSING LP$5,822
$934,169LONG GLEN RENTAL LLC - FIFTY-NINE RESIDENTIAL UNITS$1,614,069
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$3,301,051TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,972,491TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$5,248,955TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
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 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 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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
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 Document48IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee33EmployeeCnt
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
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 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 Line1TEMMIE BRIERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6177873874PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line118R SHEPARD STREET SUITE 100AddressLine1Txt
CityBRIGHTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02135ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN HEASTER
PRESIDENT, BOARD OF DIRECTORS2.000.25Yes (X)Yes (X)$0$0$0
GREG RITTCHEN
VICE PRESIDENT, BOARD OF DIRECTORS1.00Yes (X)Yes (X)$0$0$0
MICHAEL HELSMOORTEL
TREASURER, BOARD OF DIRECTORS1.000.25Yes (X)Yes (X)$0$0$0
REGINA PAGAN
CLERK, BOARD OF DIRECTORS1.00Yes (X)Yes (X)$0$0$0
ANDREWS AKWASI AGBLEKE
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
WANDA VELEZ-JUSINO
MEMBER, BOARD OF DIRECTORS1.000.25Yes (X)$0$0$0
ENOH JOHNSON
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
DIANE KLINE
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
BRIGHTON LEW
MEMBER, BOARD OF DIRECTORS1.000.25Yes (X)$0$0$0
PATRICIA NUNEZ-SALAS
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
CHARLES VASILIADES
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
LAUREN ERLINGHEUSER
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
TAHIR HUSSAIN
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
JEFFREY JOBSON
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
TOGHRUL GARAZADE
MEMBER, BOARD OF DIRECTORS1.00Yes (X)$0$0$0
HOWARD SACKS
MEMBER, BOARD OF DIR.(UNTIL 10/24)1.00Yes (X)$0$0$0
JOHN WOODS
EXECUTIVE DIRECTOR39.500.50Yes (X)$153,526$0$11,220
TEMMIE BRIER
DIRECTOR OF FINANCE40.00Yes (X)$85,650$0$13,032
CAITLIN ROBILLARD
DIRECTOR OF REAL ESTATE DEVELOPMENT40.00$127,308$0$1,189Yes (X)
RACHEL REGIS
DEPUTY DIRECTOR40.00$100,311$0$8,593Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$466,795TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$34,034TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PLUMBOB LLC DBA ONION FLATS ARCHITECTURE
126 MARKET STREET 1ST FLOORPHILADELPHIAPA19106ARCHITECT$479,658
ROBINSON DEABLER ARCHITECTS INC DBA RODE
535 ALBANY STREET 405BOSTONMA02118ARCHITECT$373,577
BALD HILL BUILDERS LLC
25 WALPOLE PARK SOUTH UNIT 10WALPOLEMA02081CONSTRUCTION$288,565
AAFCPAS INC
50 WASHINGTON STREETWESTBOROUGHMA01581AUDIT$117,400
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Federated Campaigns$19FederatedCampaignsAmt
Fundraising$34,000FundraisingAmt
Government Grants$1,691,546GovernmentGrantsAmt
All Other Contributions$1,834,783AllOtherContributionsAmt
Noncash Contributions$10,222NoncashContributionsAmt
Total Contributions$3,560,348TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME532000$2,028,167$2,028,167
DEVELOPER FEES531390$687,098$687,098
CONTRACT REVENUE & FEE531390$469,600$469,600
FieldValueIRS element (for citing)
Total Program Service Revenue$3,184,865TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$141,166TotalRevenueColumnAmt
Exclusion$141,166ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$8,368FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$34,000ContriRptFundraisingEventAmt
Fundraising Direct Expenses$12,637FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,269TotalRevenueColumnAmt
Exclusion-$4,269ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$9,963TotalRevenueColumnAmt
Related Or Exempt Func Income$9,963RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,963OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,892,073TotalRevenueColumnAmt
Related Or Exempt Func Income$3,194,828RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$136,897ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$267,119TotalAmt
Program Services$168,618ProgramServicesAmt
Management And General$98,501ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,287,232TotalAmt
Program Services$1,207,155ProgramServicesAmt
Management And General$80,077ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,072TotalAmt
Program Services$4,606ProgramServicesAmt
Management And General$466ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$140,781TotalAmt
Program Services$133,721ProgramServicesAmt
Management And General$7,060ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$106,930TotalAmt
Program Services$93,676ProgramServicesAmt
Management And General$13,254ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$93,295TotalAmt
Program Services$93,295ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15,553TotalAmt
Program Services$15,553ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$90,930TotalAmt
Program Services$31,430ProgramServicesAmt
Management And General$59,500ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$600TotalAmt
Management And General$600ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$177,317TotalAmt
Program Services$143,421ProgramServicesAmt
Management And General$33,896ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$68,054TotalAmt
Program Services$65,280ProgramServicesAmt
Management And General$2,774ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$541,362TotalAmt
Program Services$518,960ProgramServicesAmt
Management And General$22,402ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,158TotalAmt
Program Services$7,532ProgramServicesAmt
Management And General$1,626ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$503,563TotalAmt
Program Services$503,563ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$658,138TotalAmt
Program Services$655,571ProgramServicesAmt
Management And General$2,567ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$122,788TotalAmt
Program Services$119,132ProgramServicesAmt
Management And General$3,656ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DEFERRED INTEREST$760,155$760,155
SUPPLIES, EQUIPMENT AND$432,387$430,599$1,788
PROGRAM ACTIVITIES$238,239$237,658$581
MEMBERSHIPS AND SUBSCRI$25,996$13,342$12,654

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$50,108TotalAmt
Program Services$45,688ProgramServicesAmt
Management And General$4,420ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,594,777TotalAmt
Program Services$5,248,955ProgramServicesAmt
Management And General$345,822ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,370,398BOYAmt
EOY$1,219,353EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,253,501BOYAmt
EOY$1,990,973EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$295,224BOYAmt
EOY$428,523EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$335,980BOYAmt
EOY$156,895EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$40,831,591LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,422,885LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,085,514BOYAmt
EOY$31,408,706EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$304,539BOYAmt
EOY$304,539EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,972,297BOYAmt
EOY$16,309,215EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,617,453BOYAmt
EOY$51,818,204EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,329,514BOYAmt
EOY$1,608,001EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$133,832BOYAmt
EOY$1,020,337EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$15,903,680BOYAmt
EOY$49,836,862EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$572,807BOYAmt
EOY$485,776EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,939,833BOYAmt
EOY$52,950,976EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$718,781BOYAmt
EOY-$3,860,486EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,958,839BOYAmt
EOY$2,727,714EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,677,620BOYAmt
EOY-$1,132,772EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,617,453BOYAmt
EOY$51,818,204EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,297,296ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$5,107,688OtherChangesInNetAssetsAmt
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$1,179,322CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,850,339CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,015,330CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,972,793CurrentTaxYearMinus1YearAmt
Current Tax Year$3,560,348CurrentTaxYearAmt
Total$16,578,132TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,179,322CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,850,339CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,015,330CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,972,793CurrentTaxYearMinus1YearAmt
Current Tax Year$3,560,348CurrentTaxYearAmt
Total$16,578,132TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$438,341SubstantialContributorsTotAmt
Public Support Total170$16,139,791PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,074CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,216CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$56,132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,552CurrentTaxYearMinus1YearAmt
Current Tax Year$141,166CurrentTaxYearAmt
Total$332,140TotalAmt
FieldValueIRS element (for citing)
Total Support$16,910,272TotalSupportAmt
Gross Receipts Rltd Activities$9,370,114GrossReceiptsRltdActivitiesAmt
Public Support CY1700.95440PublicSupportCY170Pct
Public Support PY1700.95010PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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 C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$2,512DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$600OtherActivitiesAmt
Total Lobbying Expenditures$3,112TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II-B, LINE 1:THE ORGANIZATION PAID MEMBERSHIP DUES OF $6,000 TO MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS (MACDC) OF WHICH MACDC HAS INDICATED 10% OR $600 WAS USED FOR LOBBYING.
PART II-B, LINE 1(G)DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY: IN 2024, THE ORGANIZATION PARTICIPATED IN CONVERSATIONS WITH LEGISLATORS AND THEIR STAFFS FOR THE PURPOSE OF INFORMING THEM OF LEGISLATION OF IMPORTANCE TO THE ORGANIZATION AND THE COMMUNITY DEVELOPMENT FIELD ACROSS THE STATE. THE EXPENSE REPRESENTS THE STAFF TIME INVOLVED.

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,662,652OtherCostOrOtherBasisAmt
Book Value$9,662,652BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,009,763OtherCostOrOtherBasisAmt
Depreciation$8,916,761DepreciationAmt
Book Value$21,093,002BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$467,464OtherCostOrOtherBasisAmt
Depreciation$103,068DepreciationAmt
Book Value$364,396BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$691,712OtherCostOrOtherBasisAmt
Depreciation$403,056DepreciationAmt
Book Value$288,656BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$31,408,706TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
DUE FROM RELATED PARTIES$959,949
RESTRICTED CASH$3,943,469
CONSTRUCTION IN PROCESS$10,924,213
ESCROWS$85,431
RIGHT-OF-USE ASSETS - OPERATING$293,677
CAPITALIZED COSTS$102,476
FieldValueIRS element (for citing)
Total Book Value Other Assets$16,309,215TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LOSSES IN EXCESS OF INVESTMENTS IN GENERAL PARTNERS$170,274
OPERATING LEASE LIABILITIES$315,502
FieldValueIRS element (for citing)
Total Liability$485,776TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION 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 AN INFORMATION RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2024. NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE ACCOMPANYING CONSOLIDATING FINANCIAL STATEMENTS FOR THE LIMITED PARTNERSHIPS (LP) AND LIMITED LIABILITY COMPANIES (LLC), AS THE INCOME, LOSS AND CREDITS ARE REPORTED BY THE PARTNERS ON THEIR RESPECTIVE INCOME TAX RETURNS. THE ORGANIZATION'S FOR-PROFIT SUBSIDIARIES ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD DOES NOT HAVE A MATERIAL EFFECT ON THE CONSOLIDATING FINANCIAL STATEMENTS FOR 2024, SINCE THE TAX BENEFIT OF THE NOLS HAS BEEN FULLY RESERVED.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ALL BRIGHT NIGHTEvent1Nm
Gross Receipts Event1$42,368GrossReceiptsEvent1Amt
Charitable Contri Event1$34,000CharitableContriEvent1Amt
Gross Revenue Event1$8,368GrossRevenueEvent1Amt
Rent Facility Costs Event1$3,567RentFacilityCostsEvent1Amt
Food And Beverage Event1$8,500FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$570OtherDirectExpensesEvent1Amt
Gross Receipts Total$42,368GrossReceiptsTotalAmt
Charitable Contributions Tot$34,000CharitableContributionsTotAmt
Gross Revenue Total Events$8,368GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$3,567RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$8,500FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$570OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$12,637DirectExpenseSummaryEventsAmt
Net Income Summary-$4,269NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
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)
PersonJOHN WOODSPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$153,526BaseCompensationFilingOrgAmt
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$11,220NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$164,746TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6PEOPLE WHO RESIDE OR WORK IN THE ALLSTON BRIGHTON AREA ARE ELIGIBLE TO BE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS MAY ELECT BOARD DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7BMEMBERS HAVE THE RIGHT TO PETITION FOR SPECIAL MEETINGS OF THE MEMBERSHIP AND TO REMOVE DIRECTORS AS ALLOWED IN THE BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE COMMITTEE REVIEWS THE DRAFT TAX RETURN. THE TAX RETURN IS THEN DISTRIBUTED TO BOARD MEMBERS BEFORE BEING SUBMITTED TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CMEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE DIRECTOR'S SALARY IS COMPARED FOR REASONABLENESS WITH THE COMPENSATION DATA COLLECTED BY MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS, THE STATEWIDE ASSOCIATION OF ORGANIZATIONS WITH SIMILAR MISSIONS.
FORM 990, PART VI, SECTION C, LINE 19THE ARTICLES OF INCORPORATION, ADDRESS CHANGES AND REGISTERED AGENT ARE FILED WITH THE COMMONWEALTH OF MASSACHUSETTS. BYLAWS CHANGES ARE ALSO FILED WITH THE CITY OF BOSTON. THE FORM 990 IS FILED WITH THE COMMONWEALTH AND THE CITY AS WELL AS WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART XI, LINE 9:ALLOWANCE AGAINST LOANS -1,278,652. NET ASSET TRANSFER -3,829,036.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
EVERETT STREET CROSSING LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135412113456PROVIDE AFFORDABLE HOUSINGMA$0$0ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
ALLSTON ESPLANADE LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135473769915STABILIZE NEIGHBORHOOD THROUGH HOMEOWNERSHIPMA$8,849$1,211,640ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
CAROL AVE APARTMENTS LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135822662686PROVIDE AFFORDABLE HOUSINGMA$52,000$576,007ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
HANO HOMES III LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135823932623PROVIDE AFFORDABLE HOUSINGMA$0$0ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
6 QUINT AVE LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135854348619PROVIDE AFFORDABLE HOUSINGMA$116,489$7,578,089ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
HANO HOMES LIMITED PARTNERSHIP
18R SHEPARD STREET SUITE 100BRIGHTONMA02135043584579PROVIDE AFFORDABLE HOUSINGMA$582,536$6,722,999ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
CAROL AVENUE APARTMENTS MM LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135920972766PROVIDE AFFORDABLE HOUSINGMA$0$0ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
EVERETT STREET CROSSING LIMITED PARTNERSHIP
18R SHEPARD STREET SUITE 100BRIGHTONMA02135320019097PROVIDE AFFORDABLE HOUSINGMA$90,760$1,974,026ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
283 NORTH HARVARD LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135934788395PROVIDE AFFORDABLE HOUSINGMA$0$5,820,337ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
283 NORTH HARVARD MM LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135934815918PROVIDE AFFORDABLE HOUSINGMA$0$0ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
WARREN HALL ACQUISITION LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135990860591ACQUIRE, DEVELOP, MANAGE REAL PROPERTYMA$274,641$13,136,899ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION
LONG-GLEN RENTAL LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135202843084PROVIDE AFFORDABLE HOUSINGMA$1,022,019$11,896,576ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ALLSTONHOP INC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135043685253OVERSIGHT OF ENVIRONMENTAL CONDITIONS FOR FORMERLY OWNED AFFORDABLE HOUSINGMA501(C)(3)LINE 7ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATIONYes (1)
COMMUNITY CONDOMINIUM CORPORATION
18R SHEPARD STREET SUITE 100BRIGHTONMA02135043521734PROVIDE AFFORDABLE HOUSINGMA501(C)(3)LINE 10ALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATIONYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
ASHFORD STREET LIMITED PARTNERSHIP
18R SHEPARD STREET SUITE 105BRIGHTONMA02135043142167PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATIONRELATED$192,425$442,886000.99990
COMMGLEN LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135352520586PROVIDE AFFORDABLE HOUSINGMA00
LONG GLEN RENTAL II LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135263012732PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION-$11,469$821000.99990
CAROL AVE APARTMENTS OWNER LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135921040242PROVIDE AFFORDABLE HOUSINGMA00
BRIGHTON ALLSTON APARTMENTS LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135320415470PROVIDE AFFORDABLE HOUSINGMA00
EVERETT STREET CROSSING-II LIMITED PARTNERSHIP
18R SHEPARD STREET SUITE 100BRIGHTONMA02135061688337PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENT CORPORATION-$255,029$9,780,424000.99990

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
ASHFORD PROPERTIES INC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135043156897PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$1,453$1,2100.79000Yes (1)
BRIGHTON ALLSTON APARTMENTS MM LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135463150607PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$1,590$10,6590.79000Yes (1)
COMMGLEN MANAGER LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135611749599PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$1,053$38,9980.49750Yes (1)
EVERETT STREET CROSSING II INC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135061688334PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$1,571$790.79000Yes (1)
HANO HOMES INC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135043584577PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$1,407$790.79000Yes (1)
LONG GLEN RENTAL MANAGER II LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135263012465PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$320.79000Yes (1)
LONG-GLEN RENTAL MANAGER LLC
18R SHEPARD STREET SUITE 100BRIGHTONMA02135205983352PROVIDE AFFORDABLE HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$1,6230.79000Yes (1)
BURBANK GARDENS APARTMENTS MM LLC
70 BURBANK STREETBOSTONMA02115822190039LOW INCOME HOUSINGMAALLSTON BRIGHTON COMMUNITY DEVELOPMENTC-$778$510.510000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
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 SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.