YOU INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- YOU INC (EIN 04-2925844)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-01-31
- IRS object ID
- 201420319349300157
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-01-31T08:32:12-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043037870 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLLUS LYNCH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 MECHANIC STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042925844 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOU INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YOUI | NameControl |
| Phone | 5088495600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 PLANTATION STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAULA AIELLO | Name |
| Title | CFO | Title |
| Phone | 5088495600 | Phone |
| Date Signed | 2014-01-21 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARBARA E KING | Name |
| PTIN | P00005629 | PTIN |
| Phone | 5087557107 | Phone |
| Date Prepared | 2014-01-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PAULA AIELLO | NameOfPrincipalOfficerPerson |
| Gross Receipts | 3347944 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PURCHASE, LEASE, RENT, OR OTHERWISE OBTAIN THE USE OF REAL AND PERSONAL PROPERTY AND TO MAKE THE PROPERTY AVAILABLE TO OTHER NON PROFIT CORPORATIONS, CIVIC, AND CHARITABLE ORGANIZATIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -6903 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -5590 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 415016 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11978 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2094550 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2076225 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 202444 | InvestmentIncomePriorYear |
| Investment Income Current Year | 93540 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -2889 | OtherRevenuePriorYear |
| Other Revenue Current Year | -6903 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2709121 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2174840 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2140258 | OtherExpensePriorYear |
| Other Expenses Current Year | 2035995 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2140258 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2035995 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 568863 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 138845 | RevenuesLessExpensesCY |
| Total Assets BOY | 11957847 | TotalAssetsBOY |
| Total Assets EOY | 12178295 | TotalAssetsEOY |
| Total Liabilities BOY | 10092862 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9939643 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1864985 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2238652 | NetAssetsOrFundBalancesEOY |
| Mission Description | YOU INC. IS A HOLDING CO. OF RENTAL PROPERTY. YOU INC LEASES THESE PROPERTIES TO OTHER NON-PROFIT 501(C)(3) ORGANIZATIONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2014375 | Expense |
| Revenue | 2076225 | Revenue |
| Description | RENTAL OF VARIOUS REAL ESTATE PROPERTIES TO NON-PROFIT ORGANIZATIONS | Description |
| Total Program Service Expense | 2014375 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 1 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 39 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAULA AIELLO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5088495600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 PLANTATION STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| THOMAS J SULLIVAN | |||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | ||
| CYNTHIA SKOWYRA | |||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | ||
| JOSEPH CROTTY | |||||||
| CLERK | 2.00 | X | 0 | 0 | 0 | ||
| FRANCIS S HARVEY JR | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MICHAEL KEEGAN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DOUGLAS MEYSTRE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAUL F KELLEHER | |||||||
| COO | 40.00 | 0 | 186865 | 21261 | X | ||
| PAULA A AIELLO | |||||||
| CFO | 40.00 | 0 | 176001 | 23909 | X | ||
| ELIZABETH A FOLCARELLI | |||||||
| PRESIDENT | 40.00 | 0 | 112388 | 384 | X | ||
| MAURICE J BOISVERT | |||||||
| FORMER PRESIDENT & CEO | 0.00 | 0 | 427659 | 8957 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 902913 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 54511 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD MODULAR SYSTEMS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 GREAT BALLEY PARKWAY SUITE 170 | AddressLine1 |
| City | MALVERN | City |
| State | PA | State |
| ZIP Code | 19355 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | CONSTRUCTION | DescriptionOfServices |
| Compensation | 140387 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 11978 | AllOtherContributions |
| Total Contributions | 11978 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM SERVICE REVENUE | Description |
| Business Code | 531390 | BusinessCode |
| Total Revenue Column | 2076225 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2076225 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2076225 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92935 | TotalRevenueColumn |
| Exclusion | $92,935 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 8550 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15453 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -6903 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6903 | TotalRevenueColumn |
| Unrelated Business Revenue | -6903 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1158256 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1157651 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 605 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 605 | TotalRevenueColumn |
| Exclusion | $605 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2174840 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2076225 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -6903 | UnrelatedBusinessRevenue |
| Exclusion | $93,540 | ExclusionAmount |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21620 | Total |
| Management And General | 21620 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23265 | Total |
| Program Services | 23265 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 481826 | Total |
| Program Services | 481826 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 415855 | Total |
| Program Services | 415855 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 331109 | Total |
| Program Services | 331109 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163711 | Total |
| Program Services | 163711 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| BUILDING MAINTENANCE | 573899 | 573899 |
| MISCELLANEOUS | 12350 | 12350 |
| AMORTIZATION | 7278 | 7278 |
| MINOR EQUIPMENT | 5082 | 5082 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2035995 | Total |
| Program Services | 2014375 | ProgramServices |
| Management And General | 21620 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1075008 | BOY |
| EOY | 925985 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104000 | BOY |
| EOY | 21000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 193372 | BOY |
| EOY | 178976 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 12899160 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5687984 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7525982 | BOY |
| EOY | 7211176 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3059485 | BOY |
| EOY | 3841158 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11957847 | BOY |
| EOY | 12178295 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 319706 | BOY |
| EOY | 236234 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7870829 | BOY |
| EOY | 7900000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 714607 | BOY |
| EOY | 692714 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1187720 | BOY |
| EOY | 1110695 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10092862 | BOY |
| EOY | 9939643 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1679084 | BOY |
| EOY | 2065273 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 185901 | BOY |
| EOY | 173379 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1864985 | BOY |
| EOY | 2238652 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11957847 | BOY |
| EOY | 12178295 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 138845 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 276538 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -41716 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Both | X | FinancialStatementBoth |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23520 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 48550 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 380655 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 415016 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11978 | CurrentTaxYear |
| Total | 879719 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23520 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 48550 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 380655 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 415016 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11978 | CurrentTaxYear |
| Total | 879719 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 582739 | AmountsSubstContributorsTotal |
| Public Support Total170 | 296980 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 69613 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 27637 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 42383 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 96867 | CurrentTaxYearMinus1Year |
| Current Tax Year | 93540 | CurrentTaxYear |
| Total | 330040 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10135 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9767 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 13875 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 14050 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8550 | CurrentTaxYear |
| Total | 56377 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1266136 | TotalSupport |
| Gross Receipts From Admissions Etc | 10591015 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.23460 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.18580 | PublicSupportPertcentPriorYear |
| Ten Percent Test Current Year | X | TenPercentTestCurrentYear |
| Facts And Circumstances Test | YOU, INC.(THE COMPANY) WAS CREATED APRIL 10, 1986, WHEN CERTAIN ASSETS AND LIABILITIES WERE TRANSFERRED TO THE COMPANY FROM YOUTH OPPORTUNITIES UPHELD, INC.(THE AFFILIATE). THE COMPANY IS FINANCIALLY INTERRELATED WITH THE AFFILIATE, A NON-PROFIT CORPORATION ORGANIZED TO PROVIDE SERVICES TO YOUTH IN THE CENTRAL MASSACHUSETTS AREA.THE COMPANY MEETS TEH "FACTS AND CIRCUMSTANCES" TEST IN TEMPORARY REGULATION 1.170A-9T(F)(3) FOR THE FOLLOWING REASONS:(1) NEARLY ALL FUNDING FOR THE COMPANY IS TRANSFERRED FROM THE FINANCIALLY INTERRELATED AFFILIATE, A 501(C)(3) ORGANIZATION WHOSE PUBLIC SUPPORT PERCENTAGE FOR 2012 WAS 67%, PER THE 2012 FORM 990.(2) THE COMPANY AND THE AFFILIATE MAINTAIN A CONTINUOUS PROGRAM FOR SOLICIATION OF FUNDS FROM THE GENERAL PUBLIC, COMMUNITY AND OTHER PUBLIC CHARITIES.(3) ON A CONTINUING BASIS THE COMPANY PROVIDES BENEFIT TO THE GENERAL PUBLIC BY PURCHASING, LEASING, RENTING OR OTHERWISE OBTAINING THE USE OF REAL AND PERSONAL PROPERTY AND MAKING THE PROPERTY AVAILABLE TO OTHER NON-PROFIT CORPORATIONS, CIVIC AND CHARITABLE ORGANIZATIONS. | FactsAndCircumstancesTest |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10776092 | OtherCostOrOtherBasis |
| Depreciation | 4165372 | Depreciation |
| Book Value | 6610720 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1605607 | OtherCostOrOtherBasis |
| Depreciation | 1005151 | Depreciation |
| Book Value | 600456 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 517461 | OtherCostOrOtherBasis |
| Depreciation | 517461 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7211176 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | HEDGING INSTRUMENTS | Description |
| Amount | $1,110,695 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1110695 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 2425115 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 276538 | NetUnrealizedGainsInvestments |
| Other Revenues | -26263 | OtherRevenues |
| Revenue Not Rptd F990 | 250275 | RevenueNotRptdF990 |
| Revenue Subtotal | 2174840 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2174840 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2051448 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 15453 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 15453 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2035995 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2035995 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT THE CONSORTIUM HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT INDIVIDUALLY OR IN THE AGGREGATE UPON THE CONSORTIUM'S STATEMENTS OF FINANCIAL POSITION, OR THE RELATED STATEMENTS OF ACTIVITIES, OR CASH FLOWS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 15,453. LOSS OF REFINANCE(UNAMORTIZED DEBT ISSUANCE COSTS) -118,741. UNREALIZED GAIN ON HEDGING INSTRUMENT 77,025. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 15,453. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL F KELLEHER | ||||||||||||||
| COO | 0 | 180952 | 0 | 0 | 0 | 5913 | 0 | 17000 | 0 | 4261 | 0 | 208126 | 0 | 0 |
| PAULA A AIELLO | ||||||||||||||
| CFO | 0 | 168966 | 0 | 0 | 0 | 7035 | 0 | 17000 | 0 | 6909 | 0 | 199910 | 0 | 0 |
| MAURICE J BOISVERT | ||||||||||||||
| FORMER PRESIDENT & CEO | 0 | 375337 | 0 | 0 | 0 | 52322 | 0 | 7350 | 0 | 1607 | 0 | 436616 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| CUSIP Number | 57583RMU6 | CUSIPNumber |
| Date Issued | 2007-06-07 | DateIssued |
| Issue Price | 9470000 | IssuePrice |
| Description Of Purpose | REFINANCING REAL ESTATE USED BY VARIOUS TAX EXEMPT ORGANIZATIONS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 9470000 | TotalProceeds |
| Issuance Costs From Proceeds | 158848 | IssuanceCostsFromProceeds |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | BOARD OF DIRECTORS REVIEW FORM 990 PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY CONFLICTS OF INTEREST WOULD BE BROUGHT TO THE BOARD OF DIRECTOS ATTENTION PER POLICY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL TAX RETURNS AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN ON HEDGING INSTRUMENT 77,025. LOSS ON REFINANCE(UNAMORTIZED DEBT COSTS) -118,741. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUTH OPPORTUNITIES UPHELD INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 PLANTATION STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237112665 | EIN |
| Primary Activities | SOCIAL AND EDUCATIONAL SERVICES FOR ADOLESCENTS | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | YES | PublicCharityStatus |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| YOUTH OPPORTUNITIES UPHELD INC | |
| E | 9141932 |
| YOUTH OPPORTUNITIES UPHELD INC | |
| J | 2004732 |
| YOUTH OPPORTUNITIES UPHELD INC | |
| P | 402408 |
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