BRIGHTWOOD DEVELOPMENT CORP: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BRIGHTWOOD DEVELOPMENT CORP (EIN 04-2622178)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201343199349302529
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T08:28:43-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Maletta & Company | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 Enterprise Drive | AddressLine1 |
| City | Bristol | City |
| State | CT | State |
| ZIP Code | 060107457 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042622178 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIGHTWOOD DEVELOPMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRIG | NameControl |
| Phone | 4137342144 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2345 MAIN STREET | AddressLine1 |
| City | SPRINGFIELD | City |
| State | MA | State |
| ZIP Code | 01107 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HERIBERTO FLORES | Name |
| Title | President | Title |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL A MALETTA CPA | Name |
| PTIN | P00435529 | PTIN |
| Phone | 8605826715 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1728836 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1977 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT IN THE SPRINGFIELD, MA AREA AND PUERTO RICO THROUGH ON-GOING ASSISTANCE AND SUPPORT IN THE AREAS OF JOB PLACEMENT, NEW AND EXISTING BUSINESS DEVELOPMENT, ENTREPRENEURIAL ACTIVITIES, AND HOUSING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 913764 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 922199 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 822413 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 805430 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2276 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1201 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1738460 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1728836 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 249169 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 218647 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1081053 | OtherExpensePriorYear |
| Other Expenses Current Year | 922100 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1330222 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1140747 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 408238 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 588089 | RevenuesLessExpensesCY |
| Total Assets BOY | 5468198 | TotalAssetsBOY |
| Total Assets EOY | 5665172 | TotalAssetsEOY |
| Total Liabilities BOY | 3580238 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3045157 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1887960 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2620015 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT IN THE SPRINGFIELD, MA AREA AND PUERTO RICO THROUGH ON-GOING ASSISTANCE AND SUPPORT IN THE AREAS OF JOB PLACEMENT, NEW AND EXISTING BUSINESS DEVELOPMENT, ENTREPRENEURIAL ACTIVITIES, AND HOUSING. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 385633 | Expense |
| Revenue | 339656 | Revenue |
| Description | MEMORIAL SQUARE APARTMENTS - 40 UNIT MULTIPLE FAMILY HOUSING TO PROVIDE HOUSING TO LOW INCOME FAMILIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 275925 | Expense |
| Revenue | 266198 | Revenue |
| Description | VILLA TAINO APARTMENTS - 30 UNIT USDA RD RURAL HOUSING MULTIPLE FAMILY HOUSING PROPERTY TO PROVIDE SUBSIDIZED HOUSING TO AREA FARM WORKERS AND THEIR FAMILIES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 218207 | Expense |
| Revenue | 199049 | Revenue |
| Description | LA PLAZA - 12 COMMERCIAL RENTAL UNITS TO PROVIDE ECONOMIC DEVELOPMENT IN THE NORTH END OF SPRINGFIELD, MA. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 205696 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 1085461 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 4 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | false | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | false | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MAGGIE RIVERA | NamePerson |
| Telephone Number | 4137463844 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2460 MAIN ST SUITE 112 | AddressLine1 |
| City | SPRINGFIELD | City |
| State | MA | State |
| ZIP Code | 01107 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (5 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| RUSSELL OMER | |||||||
| Chairman | 2.00 | 0.00 | X | 0 | 0 | 0 | |
| LUZ DEJESUS | |||||||
| Clerk | 2.00 | 0.00 | X | 0 | 0 | 0 | X |
| CECILIO RIVERA | |||||||
| Treasurer | 2.00 | 0.00 | X | 0 | 0 | 0 | X |
| BRUCE YOUNG CANDELARIA | |||||||
| Vice President | 2.00 | 40.00 | X | 0 | 88870 | 0 | X |
| HERIBERTO FLORES | |||||||
| President | 15.00 | 40.50 | X | 0 | 259684 | 16800 | X |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp Frm Rltd Orgs | 348554 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 16800 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUKOWSKI CONSTRUCTION LLC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1307 TINKHAM ROAD | AddressLine1 |
| City | WILBRAHAM | City |
| State | MA | State |
| ZIP Code | 01095 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | CONSTRUCTION | DescriptionOfServices |
| Compensation | 150325 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 903599 | GovernmentGrants |
| All Other Contributions | 18600 | AllOtherContributions |
| Total Contributions | 922199 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| VILLA TAINO | 531110 | 266674 | 266198 | $476 |
| MEMORIAL SQUARE APARTMENT | 531110 | 339707 | 339656 | $51 |
| LA PLAZA DEL MERCADO | 531120 | 199049 | 199049 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 805430 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6 | TotalRevenueColumn |
| Exclusion | $6 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 531190 | BusinessCode |
| Total Revenue Column | 1201 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1201 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1201 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1728836 | TotalRevenueColumn |
| Related Or Exempt Function Income | 806104 | RelatedOrExemptFunctionIncome |
| Exclusion | $533 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182900 | Total |
| Program Services | 182900 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21941 | Total |
| Program Services | 21941 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13806 | Total |
| Program Services | 13806 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47073 | Total |
| Program Services | 46304 | ProgramServices |
| Management And General | 769 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3538 | Total |
| Program Services | 1538 | ProgramServices |
| Management And General | 2000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31030 | Total |
| Program Services | 21030 | ProgramServices |
| Management And General | 10000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2698 | Total |
| Program Services | 2698 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30117 | Total |
| Program Services | 28073 | ProgramServices |
| Management And General | 2044 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 325490 | Total |
| Program Services | 320451 | ProgramServices |
| Management And General | 5039 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16088 | Total |
| Program Services | 16088 | ProgramServices |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114283 | Total |
| Program Services | 105007 | ProgramServices |
| Management And General | 9276 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137253 | Total |
| Program Services | 132908 | ProgramServices |
| Management And General | 4345 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CONTRACTUAL SERVICES | 22248 | 21893 | 355 |
| BOOKKEEPING | 26004 | 6804 | 19200 |
| PROJECT COSTS | 37476 | 36551 | 925 |
| REPAIRS & MAINTENANCE | 115515 | 115330 | 185 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13287 | Total |
| Program Services | 12139 | ProgramServices |
| Management And General | 1148 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1140747 | Total |
| Program Services | 1085461 | ProgramServices |
| Management And General | 55286 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67361 | BOY |
| EOY | 88399 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 406909 | BOY |
| EOY | 112208 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31432 | BOY |
| EOY | 70853 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6110 | BOY |
| EOY | 6836 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6795573 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2917988 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3747128 | BOY |
| EOY | 3877585 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14100 | BOY |
| EOY | 15890 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1195158 | BOY |
| EOY | 1493401 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5468198 | BOY |
| EOY | 5665172 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 670234 | BOY |
| EOY | 399002 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275000 | BOY |
| EOY | 40438 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2607042 | BOY |
| EOY | 2574540 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27962 | BOY |
| EOY | 31177 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3580238 | BOY |
| EOY | 3045157 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1887960 | BOY |
| EOY | 2620015 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1887960 | BOY |
| EOY | 2620015 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5468198 | BOY |
| EOY | 5665172 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 588089 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1790 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | 142176 | ReconcilationPriorAdjustment |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
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 | 256634 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 65760 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39900 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 913764 | CurrentTaxYearMinus1Year |
| Current Tax Year | 922199 | CurrentTaxYear |
| Total | 2198257 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 256634 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 65760 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39900 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 913764 | CurrentTaxYearMinus1Year |
| Current Tax Year | 922199 | CurrentTaxYear |
| Total | 2198257 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 2198257 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 722 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 545 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 412 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 976 | CurrentTaxYearMinus1Year |
| Current Tax Year | 533 | CurrentTaxYear |
| Total | 3188 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13057 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1200 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1300 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2275 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1200 | CurrentTaxYear |
| Total | 19032 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2220477 | TotalSupport |
| Gross Receipts From Admissions Etc | 798010 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.99000 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.97110 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 448397 | OtherCostOrOtherBasis |
| Book Value | 448397 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6032123 | OtherCostOrOtherBasis |
| Depreciation | 2866171 | Depreciation |
| Book Value | 3165952 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 174678 | OtherCostOrOtherBasis |
| Depreciation | 1747 | Depreciation |
| Book Value | 172931 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 130578 | OtherCostOrOtherBasis |
| Depreciation | 45374 | Depreciation |
| Book Value | 85204 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9797 | OtherCostOrOtherBasis |
| Depreciation | 4696 | Depreciation |
| Book Value | 5101 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3877585 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| TENANT SECURITY DEPOSITS | 29844 |
| Rounding | 2 |
| RESERVE AND ESCROW DEPOSITS | 126376 |
| MORTGAGE COSTS | 29240 |
| CONSTRUCTION IN PROGRESS | 1306939 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1493401 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEPOSITS PAYABLE | Description |
| Amount | $31,177 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 31177 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 2193641 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1790 | NetUnrealizedGainsInvestments |
| Other Revenues | 463015 | OtherRevenues |
| Revenue Not Rptd F990 | 464805 | RevenueNotRptdF990 |
| Revenue Subtotal | 1728836 | RevenueSubtotal |
| Total Revenue Per Form990 | 1728836 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1563557 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 422810 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 422810 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1140747 | ExpensesSubtotal |
| Total Expenses Per Form990 | 1140747 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XII, Line 2d | Part XII, Line 2d: Other expenses and losses per audited F/S | EL CENTRO DE SALUD MEDICO(SCH R PART IV) $422810 |
| Part XI, Line 2d | Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 | EL CENTRO DE SALUD MEDICO(SCH R PART IV) $463015 |
| Part X | Part X : FIN48 Footnote | Under provisions of the U.S. Internal Revenue Code, section 501(c)(3), BDC is exempt from taxes on income, other than unrelated business income, and accordingly does not record a provision for income taxes on its related earnings. In June 2006, a new accounting interpretation was issued regarding accounting for uncertainty income taxes which prescribes how an entity should measure, recognize, present and disclose positions that it has taken or expects to take on its tax or information returns. The effect of the implementation of this guidance was not material to the financial statements.BDC regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income, and related matters. It believes that in the event of an examination by taxing authorities, its positions would prevail based on the technical merits of such positions. Therefore, BDC has concluded that no tax benefits or liabilities are required to be recognized. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HERIBERTO FLORES | NamePerson |
| Title | President | Title |
| Comp Based On Related Orgs | 259684 | CompBasedOnRelatedOrgs |
| Nontaxable Benefits Related Orgs | 16800 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Related Orgs | 276484 | TotalCompensationRelatedOrgs |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| FLORES DEVELOPMENT LLC | ||||||
| MEMORIAL SQUARE LIHTC DEVELOPERS FEE | X | $176,203 | 176203 | false | true | true |
| FLORES DEVELOPMENT LLC | ||||||
| MEMORIAL SQUARE APARTMENTS | X | $438,364 | 438364 | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 614567 | TotalBalanceDue |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | IN 1984, BRIGHTWOOD DEVELOPMENT CORPORATION RENOVATED THROUGH A TAX SHELTER LIMITED PARTNERSHIP, THE MEMORIAL SQUARE APARTMENTS. IN SEPTEMBER 2004, THE PROPERTY A THEN "BURNED OUT" TAX SHELTER WAS PUT IN FORCED FORECLOSURE BY DEBT HOLDERS. BRIGHTWOOD DID NOT HAVE AVAILABLE FINANCIAL RESOURCES TO PURCHASE THE PROPERTY. THE COMMUNITY WAS IN JEOPARDY OF LOSING LOCAL CONTROL OF THE PROPERTY AND AFFORDABLE HOUSING FOR 40 LOW INCOME FAMILIES. A PLAN WAS PUT IN EFFECT BY THE BOARD OF DIRECTORS TO PURCHASE THE PROPERTY THROUGH FORECLOSURE BY A MEMBER OF THE BOARD OF DIRECTORS TO RETAIN LOCAL CONTROL AND THEN TO TRANSFER THE PROPERTY BACK TO BRIGHTWOOD DEVELOPMENT CORPORATION. THE PLAN WAS EXECUTED AND THE PROPERTY PURCHASED THROUGH FORECLOSURE ON NOVEMBER 4, 2004. THE PROPERTY WAS CLEARED OF ALL LIENS AND ALL DEBT, SUBMITTED FOR LOW INCOME HOUSING TAX CREDIT (LIHTC) FEDERAL RENOVATION PROGRAM (WHICH IT SHOULD RECEIVE ACCEPTANCE IN THE BEGINNING OF 2013) AND TRANSFERRED BACK TO BRIGHTWOOD DEVELOPMENT CORPORATION WITH CLEAN TITLE AT TAX CREDIT COST BASIS. PART OF THAT COST BASIS TRANSFER INCLUDED A LOAN FROM THE BOARD MEMBER OF $176,203 FOR ACTUAL COSTS INCURRED.BRIGHTWOOD DEVELOPMENT CORPORATION DID NOT INCUR ANY EXPENSES ON THIS TRANSACTION AND THE RETURN OF THE PROPERTY TRANSACTION WAS DONE WITH NO PROFIT TO THE BOARD MEMBER AND THE BOARD MEMBER FINANCED LOAN TO BRIGHTWOOD DEVELOPMENT CORPORATION IS AT 0% INTEREST, WITH ZERO REPAYMENT SCHEDULE FOR PRINCIPAL. THE PRINCIPAL WILL BE PAID AT LOW INCOME HOUSING TAX CREDIT CLOSING WITH PROCEEDS FROM THE CLOSING OF THIS TRANSACTION.IN ADDITION TO BRIGHTWOOD DEVELOPMENT CORPORATION, THE LOCAL COMMUNITY DEVELOPMENT CORPORATION MAINTAINING LOCAL CONTROL AND OWNERSHIP OF THE PROPERTY IT WILL RECEIVE A DEVELOPERS FEE FOR THE LIHTC RENOVATIONS UPON COMPETITION OF THE RENOVATIONS TO FURTHER ITS MISSION OF PROVIDING AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT TO THE LOCAL COMMUNITY.IF AND WHEN BRIGHTWOOD DEVELOPMENT CORPORATION RECEIVES A DEVELOPER FEE A PORTION OF THAT FEE WOULD REPAY THE LOAN OF $438,364 (ALSO AT 0% INTEREST, WITH NO REPAYMENT PLAN FOR PRINCIPAL) FROM THE BOARD MEMBER FOR DEVELOPMENT COSTS,EXPENSES AND THE BOARD MEMBERS SHARE OF THE DEVELOPMENT FEE FOR THE TAX CREDIT APPLICATION PROCESS THAT ARE NOT ELIGIBLE FOR TAX CREDIT COST BASIS AND ARE ONLY REIMBURSEABLE FROM DEVELOPERS FEES. IF THE DEVELOPMENT FEE IS NOT RECEIVED OR NOT SUFFICIENT TO COVER THE LOAN FROM THE BOARD MEMBER THE LOAN WILL BE FORGIVEN BY THE BOARD MEMBER. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART XI, LINE 8 - PRIOR PERIOD ADJUSTMENT | The prior period adjustment of $142,176 represents additions to capital assets relating to the U.S. Department of Health and Human Services grant for Puerto Rico previously recorded as grant expenditures. | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | APPLICABLE DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO BRIGHTWOOD DEVELOPMENT CORPORATION AND ARE MADE AVAILABLE BASED ON CURRENT REGULATIONS. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE FORM 990 WAS REVIEWED BY MEMBERS OF THE BOARD OF DIRECTORS. | Form 990, Part VI, Line 11b |
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: LA PLAZA - 12 COMMERCIAL RENTAL UNITS TO PROVIDE ECONOMIC DEVELOPMENT IN THE NORTH END OF SPRINGFIELD, MA. | Form 990, Part III, Line 4d |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARTNERS FOR COMMUNITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11-13 HAMPDEN STREET | AddressLine1 |
| City | SPRINGFIELD | City |
| State | MA | State |
| ZIP Code | 01103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043397486 | EIN |
| Primary Activities | NONPROFIT MANAGEMENT SERVICES | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 9 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | false | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EL CENTRO DE SALUD MEDICO INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2460 MAIN STREET SUITE 112 | AddressLine1 |
| City | SPRINGFIELD | City |
| State | MA | State |
| ZIP Code | 01107 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043269592 | EIN |
| Primary Activity | MEDICAL CENTER | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIGHTWOOD DEVELOPMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C corp | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | true | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| PARTNERS FOR COMMUNITY | ||
| p | 552138 | FMV |
| PARTNERS FOR COMMUNITY | ||
| e | 10086 | fmv |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART V, LINE 1(E) AND LINE 1(P) | Identifier |
| Explanation | BDC has secured a U.S. Department of Health and Human Services (DHHS) grant for Puerto Rico to implement a healthy food initiative. As of December 31, 2011, BDC had incurred $340,644 in expenditures associated with the grant. BDC had not received any DHHS grant funds as of December 31, 2011; in the interim the funding for this program has been provided by PfC through a financing line of credit. PfC had advanced $329,762 to BDC as of December 31, 2011 to cover these expenses therefore, as of December 31, 2011 BDC owed PfC $329,762, which would be reimbursed upon receipt of the DHHS grant funds.For the year ended December 31, 2012, BDC received additional advances from PfC equaling $232,462, resulting in a total of $562,224, prior to receiving $552,138 in grant funds from the U.S. Department of Health and Human Services. As of December 31, 2012 BDC owes PfC $10,086. | Explanation |
Comments