VINFEN CORPORATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- VINFEN CORPORATION (EIN 04-2632219)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201241369349301079
- Schema version
- 2010v3.4
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T08:08:15-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1 |
| City | CHARLESTOWN | City |
| State | MA | State |
| ZIP Code | 02129 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042632219 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VINFEN CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VINF | NameControl |
| Phone | 6174411800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 CAMBRIDGE STREET | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02141 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RSMI | Name |
| Title | CEO & PRESIDENT | Title |
| Phone | 6174411800 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179129000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRUCE L BIRD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 CAMBRIDGE STREET | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02141 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 101152585 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VINFEN.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1977 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | VINFEN TRANSFORMS LIVES BY BUILDING THE CAPACITY OF INDIVIDUALS, FAMILIES, ORGANIZATIONS AND COMMUNITIES TO LEARN, THRIVE, AND ACHIEVE THEIR GOALS. OUR SERVICES PROMOTE THE RECOVERY, RESILIENCY, HABILITATION AND SELF-DETERMINATION OF THE PEOPLE WE SERVE. AS A HUMAN SERVICE LEADER, WE STRIVE TO BE THE PROVIDER, EMPLOYER, AND PARTNER OF CHOICE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2425 | TotalNbrEmployees |
| Total Nbr Volunteers | 10 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 101844 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 212940 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 93067835 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 97733071 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -77538 | InvestmentIncomePriorYear |
| Investment Income Current Year | 664576 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 143618 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1233589 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 93235759 | TotalRevenuePriorYear |
| Total Revenue Current Year | 99844176 | 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 | 65177398 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 70516900 | 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 | 25164722 | OtherExpensePriorYear |
| Other Expenses Current Year | 26036457 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 90342120 | TotalExpensesPriorYear |
| Total Expenses Current Year | 96553357 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2893639 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3290819 | RevenuesLessExpensesCY |
| Total Assets BOY | 60458954 | TotalAssetsBOY |
| Total Assets EOY | 65916334 | TotalAssetsEOY |
| Total Liabilities BOY | 35173082 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 37531940 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 25285872 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28384394 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | VINFEN TRANSFORMS LIVES BY BUILDING THE CAPACITY OF INDIVIDUALS, FAMILIES, ORGANIZATIONS AND COMMUNITIES TO LEARN, THRIVE, AND ACHIEVE THEIR GOALS. OUR SERVICES PROMOTE THE RECOVERY, RESILIENCY, HABILITATION AND SELF-DETERMINATION OF THE PEOPLE WE SERVE. AS A HUMAN SERVICE LEADER, WE STRIVE TO BE THE PROVIDER, EMPLOYER, AND PARTNER OF CHOICE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 50946900 | Expense |
| Revenue | 59312874 | Revenue |
| Description | PSYCHIATRIC REHABILITATION SERVICES FOR PERSONS WITH MENTAL ILLNESS/DISABILITES, SUBSTANCE ABUSE, HIV/AIDS AND/OR HAVE DUAL DIAGNOSES THROUGH OPERATION OF GROUP HOMES, SUPPORTED HOUSING, OUTREACH, WORK SKILLS TRAINING, AND CLUBHOUSE SERVICES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 34559003 | Expense |
| Revenue | 38420197 | Revenue |
| Description | DELIVERS AN ARRAY OF SERVICES FOR PERSONS WITH DEVELOPMENTAL DISABILITIES THROUGH OPERATION OF GROUP HOMES, SUPPORTED HOUSING, OUTREACH, WORK SKILLS AND EMPLOYMENT TRAINING, AND SHELTERED WORKSHOPS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 85505903 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | 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 | 1 | 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 | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 327 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2425 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | 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 | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | 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 | GLEN P MATTERA CFO & TREASURER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6174411800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 CAMBRIDGE STREET | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02141 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| ALLAN R COHEN | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JAMES K SCHMIDT | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| DR RONALD S EBERT | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| PHILIP A MASON | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| JAMES E EARLEY | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| REBECCA A SULLIVAN | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| DR HENRY WHITE | |||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||||
| C ALLEN ASHLEY | |||||||||
| DIRECTOR/CLERK | 1.00 | X | 0 | 0 | 0 | X | |||
| BRUCE L BIRD | |||||||||
| CEO & PRESIDENT | 40.00 | 353151 | 0 | 30925 | X | ||||
| YI J JUNG | |||||||||
| TREASURER/CFO(7/1/10-1/12/11) | 40.00 | 227652 | 0 | 30036 | X | ||||
| ELIZABETH GLASER | |||||||||
| INT. TREASURER(1/13/11-2/27/11)/COO | 40.00 | 147378 | 0 | 6197 | X | ||||
| GLEN P MATTERA | |||||||||
| TREASURER/CFO(2/28/11-PRESENT) | 40.00 | 0 | 0 | 0 | X | ||||
| KELLY M DOUGLAS | |||||||||
| ASST. CLERK/GENERAL COUNSEL | 40.00 | 167682 | 0 | 26411 | X | ||||
| SUSAN C ABBOTT | |||||||||
| SR. VP, PSYCH. REHAB | 40.00 | 170358 | 0 | 26436 | X | ||||
| JOHN H LIND | |||||||||
| VP, HOUSING DEVELOPMENT | 40.00 | 163312 | 0 | 24904 | X | ||||
| JUAN R CONDEMARIN | |||||||||
| PSYCHIATRIST | 40.00 | 155007 | 0 | 7194 | X | ||||
| KENNETH S DUCKWORTH | |||||||||
| PSYCHIATRIST | 32.00 | 205943 | 0 | 25620 | X | ||||
| GARY S HERCHEK | |||||||||
| VP INFO. SERVICES | 40.00 | 162098 | 0 | 6690 | X | ||||
| EILEEN C REILLY | |||||||||
| PSYCHIATRIST | 40.00 | 153728 | 0 | 13113 | X | ||||
| ELIZABETH B SIMPSON | |||||||||
| PSYCHIATRIST | 40.00 | 182236 | 0 | 25863 | X | ||||
| GARY W LAMSON | |||||||||
| FORMER PRESIDENT/DIR.(TERM:12/31/09) | 0.00 | 12038 | 0 | 1119 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2088545 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 223389 | TotalOtherCompensation |
| Number Individuals GT100 K | 22 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| EMMAUS INC | |||||
| PO BOX 568 | HAVERHILL | MA | 01830 | MENTAL HEALTH SERVICES | 410783 |
| CENTER FOR HEALTH | |||||
| 10 WINTER PLACE | BOSTON | MA | 02108 | HEALTH CARE | 380110 |
| JOHN W CHEFFRO | |||||
| 113 SARATOGA STREET | EAST BOSTON | MA | 02128 | PROFESSIONAL | 201870 |
| RONALD W CHARETTE | |||||
| 153 VARNUM STREET | DRACUT | MA | 01826 | CONSTRUCTION | 158825 |
| LUDIN HERNANDEZ LANDSCAPING | |||||
| PO BOX 893 | WATERTOWN | MA | 02472 | LANDSCAPING | 124974 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 29186 | FundraisingEvents |
| All Other Contributions | 183754 | AllOtherContributions |
| Total Contributions | 212940 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CONTRACT REVENUE | 624310 | 91250364 | 91250364 |
| CLIENT FEES | 624310 | 5191023 | 5191023 |
| RENTAL SUBSIDIES | 624310 | 1291684 | 1291684 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 97733071 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38821 | TotalRevenueColumn |
| Exclusion | $38,821 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 174857 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 176732 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -1875 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1875 | TotalRevenueColumn |
| Exclusion | -$1,875 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1753900 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1128145 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 625755 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 625755 | TotalRevenueColumn |
| Exclusion | $625,755 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 30269 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 29186 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 3532 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26737 | TotalRevenueColumn |
| Exclusion | $26,737 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MGMT & ADMIN REIMB | 900099 | 1007572 | 1007572 |
| SALES OF ART WORK | 900099 | 69633 | 69633 |
| CAFETERIA | 722210 | 26794 | 26794 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 104728 | TotalRevenueColumn |
| Related Or Exempt Function Income | 104728 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1208727 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 99844176 | TotalRevenueColumn |
| Related Or Exempt Function Income | 98941798 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $689,438 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1995822 | Total |
| Management And General | 1995822 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57088992 | Total |
| Program Services | 52826841 | ProgramServices |
| Management And General | 4262151 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1141644 | Total |
| Program Services | 1015531 | ProgramServices |
| Management And General | 126113 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5363345 | Total |
| Program Services | 4919318 | ProgramServices |
| Management And General | 444027 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4927097 | Total |
| Program Services | 4424496 | ProgramServices |
| Management And General | 502601 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 433199 | Total |
| Program Services | 737 | ProgramServices |
| Management And General | 432462 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66983 | Total |
| Management And General | 66983 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2563342 | Total |
| Program Services | 1983696 | ProgramServices |
| Management And General | 579646 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1700 | Total |
| Management And General | 1700 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100293 | Total |
| Program Services | 16076 | ProgramServices |
| Management And General | 84217 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1164616 | Total |
| Program Services | 779062 | ProgramServices |
| Management And General | 385554 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8638139 | Total |
| Program Services | 8492320 | ProgramServices |
| Management And General | 145819 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32272 | Total |
| Program Services | 20084 | ProgramServices |
| Management And General | 12188 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29781 | Total |
| Program Services | 19663 | ProgramServices |
| Management And General | 10118 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 909161 | Total |
| Program Services | 808146 | ProgramServices |
| Management And General | 101015 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2688879 | Total |
| Program Services | 1976970 | ProgramServices |
| Management And General | 711909 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 427855 | Total |
| Program Services | 320484 | ProgramServices |
| Management And General | 107371 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TRANSPORTATION | 2003332 | 1940437 | 62895 |
| MAINTENANCE, REPAIRS & | 1980903 | 1481597 | 499306 |
| FOOD/MEALS | 1883320 | 1880208 | 3112 |
| PROGRAM SUPPLIES | 1629929 | 1508067 | 121862 |
| STAFF TRAINING/DEVELOPM | 1172098 | 915527 | 256571 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 310655 | Total |
| Program Services | 176643 | ProgramServices |
| Management And General | 134012 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96553357 | Total |
| Program Services | 85505903 | ProgramServices |
| Management And General | 11047454 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2736586 | BOY |
| EOY | 7123873 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10117500 | BOY |
| EOY | 10124048 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7935690 | BOY |
| EOY | 7425198 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1060721 | BOY |
| EOY | 1804620 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 44300794 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14851914 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29503713 | BOY |
| EOY | 29448880 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 581757 | BOY |
| EOY | 583262 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8522987 | BOY |
| EOY | 9406453 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60458954 | BOY |
| EOY | 65916334 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11513369 | BOY |
| EOY | 13107183 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18646334 | BOY |
| EOY | 20935400 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1854032 | BOY |
| EOY | 1947464 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2766582 | BOY |
| EOY | 978165 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 392765 | BOY |
| EOY | 563728 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35173082 | BOY |
| EOY | 37531940 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24795820 | BOY |
| EOY | 27853581 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 490052 | BOY |
| EOY | 530813 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25285872 | BOY |
| EOY | 28384394 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60458954 | BOY |
| EOY | 65916334 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3290819 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -192297 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 217472 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 383539 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 216994 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 101844 | CurrentTaxYearMinus1Year |
| Current Tax Year | 212940 | CurrentTaxYear |
| Total | 1132789 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 83056305 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 85443507 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 86115569 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 93067835 | CurrentTaxYearMinus1Year |
| Current Tax Year | 98941798 | CurrentTaxYear |
| Total | 446625014 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 83273777 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 85827046 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 86332563 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 93169679 | CurrentTaxYearMinus1Year |
| Current Tax Year | 99154738 | CurrentTaxYear |
| Total | 447757803 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 447757803 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 619702 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 456655 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 83303 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 328508 | CurrentTaxYearMinus1Year |
| Current Tax Year | 213678 | CurrentTaxYear |
| Total | 1701846 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 619702 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 456655 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 83303 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 328508 | CurrentTaxYearMinus1Year |
| Current Tax Year | 213678 | CurrentTaxYear |
| Total | 1701846 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 30269 | CurrentTaxYear |
| Total | 30269 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 83893479 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 86283701 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 86415866 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 93498187 | CurrentTaxYearMinus1Year |
| Current Tax Year | 99398685 | CurrentTaxYear |
| Total | 449489918 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99610 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99550 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00380 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00450 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: FORM 990, PART VIII, LINE 8(A): SCHEDULE A, PART III, SECTION B, LINE 12: GROSS INCOME FROM FUNDRAISING $30,269 | GeneralExplanation |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 1 | MailingsMembers |
| Mailings Members | $2,233 | MailingsMembersAmount |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $18,979 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $1,116 | RalliesDemonstrationsAmount |
| Other Activities | 1 | OtherActivities |
| Total Lobbying Expenditures IIB | 22328 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | VINFEN CORPORATION BELONGS TO SEVERAL LOCAL AND TWO NATIONAL TRADE ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF ITS MEMBERS. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES AND AS SUCH NO DETERMINATIVE AMOUNT IS LISTED IN THIS SCHEDULE. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6230501 | OtherCostOrOtherBasis |
| Book Value | 6230501 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27719047 | OtherCostOrOtherBasis |
| Depreciation | 8593159 | Depreciation |
| Book Value | 19125888 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1994874 | OtherCostOrOtherBasis |
| Depreciation | 1214641 | Depreciation |
| Book Value | 780233 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8269128 | OtherCostOrOtherBasis |
| Depreciation | 5044114 | Depreciation |
| Book Value | 3225014 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 87244 | OtherCostOrOtherBasis |
| Book Value | 87244 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 29448880 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS WHOSE USE IS LIMITED | 3376830 |
| DUE FROM AFFILIATES | 5939623 |
| BED LICENSES | 90000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 9406453 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP CONTRACT | Description |
| Amount | $563,728 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 563728 | TotalOfAmounts |
| Total Revenue | 99844176 | TotalRevenue |
| Total Expenses | 96553357 | TotalExpenses |
| Excess Or Deficit For Year | 3290819 | ExcessOrDeficitForYear |
| Other | -$192,297 | OtherAmount |
| Total Adjustments | -192297 | TotalAdjustments |
| Excess Or Deficit Per FS | 3098522 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 100043363 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 18923 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 18923 | RevenueNotRptdF990 |
| Revenue Subtotal | 100024440 | RevenueSubtotal |
| Other Revenues Not Included | -180264 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -180264 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 99844176 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 96944841 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 18923 | DonatedServicesUseOfFacilities |
| Losses Reported | 192297 | LossesReported |
| Other Expenses Included | 180264 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 391484 | ExpensesNotRptdF990 |
| Expenses Subtotal | 96553357 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 96553357 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | VINFEN IS THE REPRESENTATIVE PAYEE FOR MANY INDIVIDUALS THAT VINFEN SERVES. VINFEN RECEIVES BENEFITS ON BEHALF OF THESE INDIVIDUALS AND ADMINISTERS THE DISTRIBUTION OF THESE FUNDS ON THE RESPECTIVE INDIVIDUAL'S FOOD, SHELTER, CLOTHING, PERSONAL SUPPLIES, AND HEALTH CARE. | |
| PART X: | VINFEN CORPORATION IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. VINFEN IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED INCOME. VINFEN FOLLOWS THE FASB GUIDANCE, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURES AND TRANSITION. MANAGEMENT BELIEVES THAT VINFEN HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, VINFEN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2008. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| LOSS ON INTEREST RATE SWAP CONTRACTS -192,297. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED IN FORM 990, PART VIII, LINE 6(B) -176,732. FUNDRAISING EXPENSES REPORTED IN FORM 990, PART VIII, LINE 8(B) -3,532. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED IN FORM 990, PART VIII, LINE 6(B) 176,732. FUNDRAISING EXPENSES REPORTED IN FORM 990, PART VIII, LINE 8(B) 3,532. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | TASTE OF GATEWAY | NameOfEvent1 |
| Gross Receipts Event1 | 59455 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 29186 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 30269 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 3507 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 25 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 59455 | GrossReceiptsTotal |
| Charitable Contributions Total | 29186 | CharitableContributionsTotal |
| Gross Revenue Total Events | 30269 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 3507 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 25 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 3532 | DirectExpenseSummaryEvents |
| Net Income Summary | 26737 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | 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 (11 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRUCE L BIRD | |||||||||||||
| 336093 | 0 | 0 | 0 | 17058 | 0 | 11652 | 0 | 19273 | 0 | 384076 | 0 | 0 | 0 |
| YI J JUNG | |||||||||||||
| 214152 | 0 | 0 | 0 | 13500 | 0 | 7833 | 0 | 22203 | 0 | 257688 | 0 | 0 | 0 |
| ELIZABETH GLASER | |||||||||||||
| 138811 | 0 | 0 | 0 | 8567 | 0 | 0 | 0 | 6197 | 0 | 153575 | 0 | 0 | 0 |
| KELLY M DOUGLAS | |||||||||||||
| 167682 | 0 | 0 | 0 | 0 | 0 | 6085 | 0 | 20326 | 0 | 194093 | 0 | 0 | 0 |
| SUSAN C ABBOTT | |||||||||||||
| 160953 | 0 | 0 | 0 | 9405 | 0 | 5724 | 0 | 20712 | 0 | 196794 | 0 | 0 | 0 |
| JOHN H LIND | |||||||||||||
| 163312 | 0 | 0 | 0 | 0 | 0 | 5830 | 0 | 19074 | 0 | 188216 | 0 | 0 | 0 |
| JUAN R CONDEMARIN | |||||||||||||
| 155007 | 0 | 0 | 0 | 0 | 0 | 5365 | 0 | 1829 | 0 | 162201 | 0 | 0 | 0 |
| KENNETH S DUCKWORTH | |||||||||||||
| 199712 | 0 | 0 | 0 | 6231 | 0 | 7151 | 0 | 18469 | 0 | 231563 | 0 | 0 | 0 |
| GARY S HERCHEK | |||||||||||||
| 162098 | 0 | 0 | 0 | 0 | 0 | 5561 | 0 | 1129 | 0 | 168788 | 0 | 0 | 0 |
| EILEEN C REILLY | |||||||||||||
| 153728 | 0 | 0 | 0 | 0 | 0 | 5365 | 0 | 7748 | 0 | 166841 | 0 | 0 | 0 |
| ELIZABETH B SIMPSON | |||||||||||||
| 182236 | 0 | 0 | 0 | 0 | 0 | 6127 | 0 | 19736 | 0 | 208099 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4A | ReturnReference |
| Explanation | YI JUNG, CFO AND TREASURER FROM JULY 1, 2010 THROUGH JANUARY 13, 2011, RECEIVED SEVERANCE PAYMENTS TOTALING $121,250 DURING THE YEAR ENDED JUNE 30, 2011 WHICH IS REPORTED IN THE 2011 FORM W-2. IN ADDITION, VINFEN CORPORATION ACCRUED SEVERANCE PAYMENTS TOTALING $110,686 TO BE PAID TO YI IN FISCAL YEAR 2012. YI ALSO RECEIVED OUTPLACEMENT SERVICES TOTALING $6,000 DURING THE YEAR ENDED JUNE 30, 2012. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
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 | 999999999 | CUSIPNumber |
| Date Issued | 2010-12-29 | DateIssued |
| Issue Price | 8758000 | IssuePrice |
| Description Of Purpose | TO REFUND PRIOR BOND ISSUANCES AND TO REFINANCE REAL ESTATE BANK DEBT | 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) |
|---|---|---|
| Amount Retired | 5235409 | AmountRetired |
| Total Proceeds | 8758000 | TotalProceeds |
| Issuance Costs From Proceeds | 155021 | IssuanceCostsFromProceeds |
| Capital Expenditures | 3367570 | CapitalExpenditures |
| Year Of Subst Completion | 2010 | 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) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITIZENS BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A FORMAL REVIEW OF THE IRS FORM 990 IS COMPLETED BY THE BOARD OF DIRECTORS' FINANCE COMMITTEE. ONCE THE FINANCE COMMITTEE REVIEWS THE IRS FORM 990, ALL DIRECTORS ARE PROVIDED A COPY AND GIVEN AN OPPORTUNITY OF INPUT PRIOR TO SUBMISSION TO THE IRS. | |
| VINFEN CORPORATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND DISCLOSURE ANNUALLY OR BI-ANNUALLY TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE RESPONSES FOR POTENTIAL CONFLICTS. THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS OF VINFEN CORPORATION AND ITS AFIILIATED ENTITIES, AS WELL AS THE SENIOR MANAGEMENT (THE INTERDEPARTMENTAL COUNCIL OR "IDC") AT VINFEN CORPORATION AND AFFILIATES. THE GENERAL COUNSEL REVIEWS THE DISCLOSURE FORMS TO DETERMINE WHICH DIRECTORS OR IDC MEMBERS HAVE DISCLOSED A POTENTIAL CONFLICT. THE CHAIRPERSON OF THE BOARD OF DIRECTORS APPOINTS A COMMITTEE OF DIRECTORS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICT AND/OR PROPOSED BUSINESS TRANSACTION. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE FULL BOARD, WHICH IS VOTED ON ONLY BY THOSE DIRECTORS WITH NO REPORTABLE TRANSACTIONS. FOR POTENTIAL CONFLICTS BY IDC MEMBERS, THE CEO APPOINTS A COMMITTEE OF IDC MEMBERS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE EXECUTIVE TEAM, WHICH IS VOTED ON ONLY BY THOSE EXECUTIVE TEAM MEMBERS WITH NO REPORTABLE TRANSACTIONS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE BOARD OF DIRECTORS PERIODICALLY ENGAGES THE SERVICES OF AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO CORPORATE OFFICERS AND KEY EMPLOYEES. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING OF ALL CONPENSATION DECISIONS EXIST, IN THE FORM OF A PERSONAL ACTION FORM, FOR EVERY COMPENSATION ACTION AFFECTING THE POSITIONS LISTED ABOVE, AS IS THE CASE FOR EVERY POSITION AT VINFEN CORPORATION. | FORM 990, PART VI, SECTION B, LINE 15 | |
| VINFEN CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST BY PAPER OR E-MAIL. THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | LOSS ON INTEREST RATE SWAP CONTRACTS -192,297. TOTAL TO FORM 990, PART XI, LINE 5: -192,297. | FORM 990, PART XI, LINE 5: |
| COMPENSATION OF OFFICERS: | BRUCE L. BIRD IS COMPENSATED FOR SERVICES PROVIDED TO VINFEN CORPORATION AND AFFILIATES AS CEO & PRESIDENT. BRUCE WORKS AN AVERAGE OF 40 HOURS PER WEEK IN HIS POSITION. YI JUNG WAS COMPENSATED FOR SERVICES PROVIDED TO VINFEN CORPORATION AND AFFILIATES AS TREASURER/CFO (7/1/10-1/12/11). YI WORKED AN AVERAGE OF 40 HOURS PER WEEK IN HER POSITION. ELIZABETH GLASER WAS COMPENSATED FOR SERVICES PROVIDED TO VINFEN CORPORATION AND AFFILIATES AS COO/INTERIM TREASURER (1/13/11-2/27/11). ELIZABETH WORKS AN AVERAGE OF 40 HOURS PER WEEK IN HER POSITION. KELLY M. DOUGLAS IS COMPENSATED FOR SERVICES PROVIDED TO VINFEN CORPORATION AND AFFILIATES AS ASST. CLERK/GENERAL COUNSEL. KELLY WORKS AN AVERAGE OF 40 HOURS PER WEEK IN HER POSITION. JOHN LIND IS COMPENSATED FOR SERVICES PROVIDED TO VINFEN CORPORATION AND AFFILIATES AS VP HOUSING DEVELOPMENT. JOHN WORKS AN AVERAGE OF 40 HOURS PER WEEK IN HIS POSITION. | FORM 990, PART VII: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState |
|---|---|---|---|---|---|---|
| VINFEN COMMUNITY DEVELOPMENT LLC | ||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 261905029 | HOUSING - INACTIVE | MA |
| BAYSTATE PERFORMANCE SOLUTIONS LLC | ||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 043562998 | EE ASST. PLAN - INACTIVE | MA |
Form990 Schedule R Part II Form990ScheduleRPartII (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| TRAVIS CORPORATION | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 043002220 | OUTPATIENT MENTAL HEALTH | MA | 501(C)(3) | LINE 9 | 1 |
| VINFEN CORPORATION OF CONNECTICUT INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 061569439 | HUMAN SERVICES | CT | 501(C)(3) | LINE 9 | 1 |
| VINFEN CORPORATION OF PLAIN INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 300162655 | LOW INCOME HOUSING FOR DISABLED PERSONS | MA | 501(C)(3) | LINE 9 | 1 |
| VINFEN CORPORATION OF FOREST INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 300162656 | LOW INCOME HOUSING FOR DISABLED PERSONS | MA | 501(C)(3) | LINE 9 | 1 |
| VINFEN FOUNDATION | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 510629896 | INACTIVE | MA | 501(C)(3) | LINE 7 | 1 |
| OLMSTED GREEN SKILLED NURSING FACILITY INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 010892964 | INACTIVE | MA | 501(C)(3) | LINE 9 | 1 |
| VINFEN HOUSING CORPORATION | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 510629866 | INACTIVE | MA | 501(C)(3) | LINE 9 | 1 |
| VINFEN CORPORATION OF LARCHMONT INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 043546321 | LOW INCOME HOUSING FOR DISABLED PERSONS | MA | 501(C)(3) | LINE 9 | 1 |
| VINFEN HOUSING AT OLMSTED GREEN INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 510629861 | INACTIVE | MA | 501(C)(3) | LINE 9 | 1 |
| FAMILY REHABILITATION SERVICES INC | |||||||||
| 950 CAMBRIDGE STREET | CAMBRIDGE | MA | 02141 | 043140856 | INACTIVE | MA | 501(C)(3) | LINE 9 | 1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VINFEN CLINICAL SERVICES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 CAMBRIDGE STREET | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02141 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043459194 | EIN |
| Primary Activity | INACTIVE | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
| Type Of Entity | C | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| 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 | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| 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 | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| TRAVIS CORPORATION | ||
| R | 583059 | FAIR MARKET VALUE |
| VINFEN CORPORATION OF CONNECTICUT | ||
| D | 845796 | FAIR MARKET VALUE |
| VINFEN CORPORATION OF CONNECTICUT | ||
| P | 783221 | FAIR MARKET VALUE |
| TRAVIS CORPORATION | ||
| Q | 312801 | FAIR MARKET VALUE |
| VINFEN CORPORATION OF CONNECTICUT | ||
| K | 969285 | FAIR MARKET VALUE |
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