BETA

CLCS REALTY CORPORATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CLCS REALTY CORPORATION (EIN 37-1784905)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-12-21
IRS object ID
202503559349300500
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)
Return2025-12-21T09:38:23-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043434210PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ZINER & MURPHY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1TWO MAIN STREET SUITE 240AddressLine1Txt
CitySTONEHAMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02180ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN371784905EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLCS REALTY CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLCSBusinessNameControlTxt
Phone6172548904PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1395 COLUMBIA ROADAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN CHISTOLINIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6172548904PhoneNum
Signature2025-12-19SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID F MURPHYPreparerPersonNm
PTINP00482310PTIN
Phone7812792950PhoneNum
Preparation2025-12-19PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN CHISTOLINIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1395 COLUMBIA ROADAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$928,647GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE CORPORATION IS FORMED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CONSERVATORY LAB FOUNDATION, INC. THE COROPRATION SHALL: 1) PROVIDE SERVICES TO, MANAGE FUNDS AND OTHER ASSETS FOR, AND OTHERWISE SUPPORT THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF CONSERVATORY LAB FOUNDATION, INC.; 2) OWN ACQUIRE, LEASE, AND/OR MAINTAIN REAL ESTATE AT WHICH CONSERVATORY LAB FOUNDATION, INC. IS LOCATED AND/OR WHERE THE FOUNDATION OPERATES A FACILITY; 3) ENGAGE IN ACTIVITES AND PERFORM FUNCTIONS THAT CONSERVATORY LAB FOUNDATION, INC. WOULD OTHERWISE HAVE TO PERFORM; AND 4) OTHERWISE BENEFIT, THROUGH THE PROVISION OF FINANCIAL SUPPORT AND SERVICES, CONSERVATORY LAB FOUNDATION, INC.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,316,949PYProgramServiceRevenueAmt
CY Program Service Revenue$928,608CYProgramServiceRevenueAmt
PY Investment Income$55PYInvestmentIncomeAmt
CY Investment Income$39CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,317,004PYTotalRevenueAmt
CY Total Revenue$928,647CYTotalRevenueAmt
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$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$817,437PYOtherExpensesAmt
CY Other Expenses$819,243CYOtherExpensesAmt
PY Total Expenses$817,437PYTotalExpensesAmt
CY Total Expenses$819,243CYTotalExpensesAmt
PY Revenues Less Expenses$499,567PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$109,404CYRevenuesLessExpensesAmt
Total Assets BOY$24,176,692TotalAssetsBOYAmt
Total Assets EOY$23,548,697TotalAssetsEOYAmt
Total Liabilities BOY$22,431,557TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,694,158TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,745,135NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,854,539NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE CORPORATION IS FORMED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CONSERVATERY LAB FOUNDATION, INC. THE COROPRATION SHALL: 1) PROVIDE SERVICES TO, MANAGE FUNDS AND OTHER ASSETS FOR, AND OTHERWISE SUPPORT THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF CONSERVATORY LAB FOUNDATION, INC.; 2) OWN ACQUIRE, LEASE, AND/OR MAINTAIN REAL ESTATE AT WHICH CONSERVATORY LAB FOUNDATION, INC. IS LOCATED AND/OR WHERE THE FOUNDATION OPERATES A FACILITY; 3) ENGAGE IN ACTIVITES AND PERFORM FUNCTIONS THAT CONSERVATORY LAB FOUNDATION, INC. WOULD OTHERWISE HAVE TO PERFORM; AND 4) OTHERWISE BENEFIT, THROUGH THE PROVISION OF FINANCIAL SUPPORT AND SERVICES, CONSERVATORY LAB FOUNDATION, INC.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$748,494ExpenseAmt
Revenue$928,608RevenueAmt
Desc1) PROVIDE SERVICES TO AND CARRY OUT THE PURPOSES OF CONSERVATORY LAB FOUNDATION, INC.; 2) OWN ACQUIRE, LEASE, AND/OR MAINTAIN REAL ESTATE AT WHICH CONSERVATORY LAB FOUNDATION, INC. IS LOCATED 3) ENGAGE IN ACTIVITES AND PERFORM FUNCTIONS THAT CONSERVATORY LAB FOUNDATION, INC. WOULD OTHERWISE HAVE TO PERFORM; AND 4) OTHERWISE BENEFIT, THROUGH FINANCIAL SUPPORT AND SERVICES, CONSERVATORY LAB FOUNDATION, INC.Desc
Total Program Service Expenses$748,494TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
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 Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 Organizations0GrantsToOrganizationsInd
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
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
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 PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
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 Line1ANDRES BARRAZABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6172548904PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1395 COLUMBIA ROADAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02125ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN CHISTOLINI
PRESIDENT0.50Yes (X)Yes (X)$0$0$0
JOHN PAOLELLA
TREASURER0.10Yes (X)Yes (X)$0$0$0
KEVIN MCCALL
DIRECTOR0.10Yes (X)$0$0$0
MICHAEL WARD
DIRECTOR0.10Yes (X)$0$0$0
DEBORAH L SMITH
CLERK0.50Yes (X)Yes (X)$0$0$0
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
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business531120BusinessCd
Total Revenue Column$928,608TotalRevenueColumnAmt
Related Or Exempt Func Income$928,608RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$928,608TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39TotalRevenueColumnAmt
Related Or Exempt Func Income$39RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$928,647TotalRevenueColumnAmt
Related Or Exempt Func Income$928,647RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,750TotalAmt
Management And General$13,750ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$56,929TotalAmt
Management And General$56,929ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$70TotalAmt
Management And General$70ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$177,358TotalAmt
Program Services$177,358ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$571,136TotalAmt
Program Services$571,136ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$819,243TotalAmt
Program Services$748,494ProgramServicesAmt
Management And General$70,749ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$30EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$26,183,457LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,730,235LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$24,024,358BOYAmt
EOY$23,453,222EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$152,334BOYAmt
EOY$95,445EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,176,692BOYAmt
EOY$23,548,697EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$11,348,785BOYAmt
EOY$11,408,544EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,082,772BOYAmt
EOY$10,285,614EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,431,557BOYAmt
EOY$21,694,158EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,745,135BOYAmt
EOY$1,854,539EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,745,135BOYAmt
EOY$1,854,539EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,176,692BOYAmt
EOY$23,548,697EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$109,404ReconcilationRevenueExpnssAmt
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)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CONSERVATORY LAB FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN043443578EIN
Organization Type10OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir Trst0PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART IV, SECTION B, QUESTION 1FormAndLineReferenceDesc
ExplanationCLCS REALTY WAS FORMED SOLELY TO DEVELOP, AND LEASE TO, A NEW SCHOOL BUILDING FOR CONSERVATORY LAB CHARTER SCHOOL. CLCS REALTY DOES NOT HAVE ANY OTHER OPERATIONS NOW BEYOND LEASING THE SCHOOL BUILDING TO CONSERVATORY LAB CHARTER SCHOOL. BOARD MEMBERS OF CONSERVATORY LAB FOUNDATION, INC. SUPERVISE CLCS REALTY'S ACTIVITIES BY REVIEWING THE YEAR END AUDITED FINANCIAL STATEMENTS. BOARD MEMBERS OF CONSERVATORY LAB FOUNDATION, INC. APPOINT BOARD MEMBERS TO CLCS REALTY.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,409,678OtherCostOrOtherBasisAmt
Book Value$5,409,678BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,648,603OtherCostOrOtherBasisAmt
Depreciation$2,609,232DepreciationAmt
Book Value$18,039,371BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$125,176OtherCostOrOtherBasisAmt
Depreciation$121,003DepreciationAmt
Book Value$4,173BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$23,453,222TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AFFILIATE$10,231,006
DUE TO AFFILIATE$54,608
FieldValueIRS element (for citing)
Total Liability$10,285,614TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$928,647TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$928,647RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$928,647TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$819,243TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$819,243ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$819,243TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 7aBOARD MEMBERS HAVE THE AUTHORITY TO ELECT NEW BOARD MEMBERS WHEN NEEDED
Form 990, Part VI, Section A, line 8bTHERE ARE NO ADDITIONAL COMMITTEES OR SUBCOMMITTEES
Form 990, Part VI, Section B, line 11bTHE TAX RETURNS OF THE ORGANIZATION ARE REVIEWED WITH THE BOARD BY THEIR INDEPENDENT CPA. IF THE BOARD REQUESTS THAT A CHANGE BE MADE TO THE FORM 990, THE ITEM IN QUESTION IS DISCUSSED BETWEEN THE BOARD AND THE CPA. IF IT IS DETERMINED APPROPRIATE THAT THE CHANGE BE MADE, THE BOARD VOTES TO ADOPT THE CHANGE AND THE CPA WILL MAKE THE CHANGE TO THE TAX RETURN.
Form 990, Part VI, Section B, line 12cThere are neither any operations nor any operational transactions at the realty outside of the following: depreciation & amortization expense; intercompany transactions related to rental income, interest expense, and auditor fees; and other fixed fees. The Director of Finance monitors the realty's financial statements on a monthly basis to ensure there are no other transactions. Finally, the Director of Finance meets annually with the President of the Realty Corp to review the audited financials and to ensure there are no related party transactions or conflicts of interest.
Form 990, Part VI, Section B, line 15THE CORPORATION DOES NOT HAVE ANY PAID EMPLOYEES OR DIRECTORS
Form 990, Part VI, Section C, line 19ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH WRITTEN REQUEST
FORM 990, PART XII, LINE 2cTHE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE REVIEWED WITH THE BOARD OF TRUSTEES BY THEIR INDEPENDENT CPA, THIS PROCEDURE HAS NOT CHANGED FROM THE PREVIOUIS YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
CONSERVATORY LAB FOUNDATION INC
395 COLUMBIA ROADBOSTONMA02125043443578TO SUPPORT THE DISSEMINATION OF LEARNING THROUGH MUSICMA501(c)(3)Line 12a, I0
CONSERVATORY LAB CHARTER SCHOOL
395 COLUMBIA ROADBOSTONMA02125043414994CHARTER PUBLIC SCHOOL FOR PRE-KINDERGARTEN THROUGH 8TH GRADEMASECTION 1150
CLCS REALTY II SUPPORT CORPORATION
395 COLUMBIA ROADBOSTONMA02125993224852TO SUPPORT THE PURPOSES OF CONSERVATORY LAB FOUNDATION, INC.MA501(c)(3)Line 12a, I0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
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 OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CONSERVATORY LAB CHARTER SCHOOL
J$928,608FMV
CONSERVATORY LAB FOUNDATION INC
D$10,231,006FMV
CONSERVATORY LAB CHARTER SCHOOL
E$11,408,544FMV
CONSERVATORY LAB FOUNDATION INC
E$11,408,544FMV
CONSERVATORY LAB CHARTER SCHOOL
D$54,608FMV

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