ASIAN COMMUNITY DEVELOPMENT CORP: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ASIAN COMMUNITY DEVELOPMENT CORP (EIN 04-2988263)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-01-27
- IRS object ID
- 201130279349300313
- Schema version
- 2009v1.7
- 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 | 2011-01-27T15:05:26-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE YEE & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 195 WORCESTER STREET SUITE 201 | AddressLine1 |
| City | WELLESLEY HILLS | City |
| State | MA | State |
| ZIP Code | 02481 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042988263 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASIAN COMMUNITY DEVELOPMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ASIA | NameControl |
| Phone | 6174822380 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 OAK STREET NO 4 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANELLE CHAN | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 6174822380 | Phone |
| Date Signed | 2011-01-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GARY F YEE | Name |
| Phone | 7812372525 | Phone |
| Date Prepared | 2011-01-26 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JANELLE CHAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 OAK STREET NO 4 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1921066 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | ASIANCDC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1987 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE AND PRESERVE THE PHYSICAL, ECONOMIC & LEADERSHIP DEVELOPMENT TO THE ASIAN COMMUNITY OF GREATER BOSTON. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 10 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 406412 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 577035 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 81555 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 21636 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1026 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1202478 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1247192 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1691471 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1845863 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 569087 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 421617 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 476901 | OtherExpensePriorYear |
| Other Expenses Current Year | 428109 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1045988 | TotalExpensesPriorYear |
| Total Expenses Current Year | 849726 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 645483 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 996137 | RevenuesLessExpensesCY |
| Total Assets BOY | 16713015 | TotalAssetsBOY |
| Total Assets EOY | 18498373 | TotalAssetsEOY |
| Total Liabilities BOY | 4625158 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5414379 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12087857 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13083994 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE AND PRESERVE THE PHYSICAL, ECONOMIC & LEADERSHIP DEVELOPMENT TO THE ASIAN COMMUNITY OF GREATER BOSTON. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 608852 | Expense |
| Revenue | 21636 | Revenue |
| Description | DEVELOP PHYSICAL COMMUNITY ASSETS, INCLUDING AFFORDABLE HOUSING FOR RENTAL AND OWNERSHIP; PROMOTE ECONOMIC DEVELOPMENT; BUILD CAPACITY WITHIN THE COMMUNITY; AND ADVOCATE ON BEHALF OF THE COMMUNITY. | Description |
| Total Program Service Expense | 608852 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 10 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | 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 | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | 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 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6174822380 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 OAK STREET UNIT 4 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| NICK CHAU | ||||||
| CLERK / DIRECTOR | 2.00 | X | X | 0 | 0 | 0 |
| GIM FONG | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| FRANCES CHIN HAU | ||||||
| SECRETARY / DIRECTOR | 2.00 | X | X | 0 | 0 | 0 |
| PAUL LEE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LEVERETT WING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DONGSUP SAMUEL KIM | ||||||
| VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| JOE CHOW | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL TOW | ||||||
| PRESIDENT / DIRECTOR | 2.00 | X | X | 0 | 0 | 0 |
| NAOMI AOKI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHONG CHOW | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL GRECO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| HARVEY LEONG | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JANET LIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PETER MADSEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL TOW | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ALICE WONG | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT WONG | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SYAM BURADAGUNTA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CUONG HOANG | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ANNA LIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ZENA LUN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| YASUNA MURAKAMI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 577035 | AllOtherContributions |
| Total Contributions | 577035 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ASSET MANAGEMENT | 611600 | 13500 | 13500 |
| YOUTH PROGRAM | 611600 | 2829 | 2829 |
| REAL ESTATE DEVELOPMEN | 531390 | 2387 | 2387 |
| COMMUNITY PLANNING | 611600 | 1500 | 1500 |
| HOME BUYER | 611600 | 1420 | 1420 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 21636 | TotalProgramServiceRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 40203 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 48373 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -8170 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8170 | TotalRevenueColumn |
| Related Or Exempt Function Income | -8170 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 131176 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 26830 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 104346 | TotalRevenueColumn |
| Exclusion | $104,346 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ACCR INT ON NOTE REC | 900099 | 1150010 | 1150010 |
| MISCELLANEOUS | 900099 | 1006 | 1006 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1151016 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1845863 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1164482 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $104,346 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356586 | Total |
| Program Services | 295103 | ProgramServices |
| Management And General | 61483 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38306 | Total |
| Program Services | 31680 | ProgramServices |
| Management And General | 6626 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26725 | Total |
| Program Services | 22771 | ProgramServices |
| Management And General | 3954 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3000 | Total |
| Program Services | 3000 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46185 | Total |
| Program Services | 9237 | ProgramServices |
| Management And General | 36948 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1687 | Total |
| Program Services | 447 | ProgramServices |
| Management And General | 1240 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24469 | Total |
| Program Services | 13246 | ProgramServices |
| Management And General | 11223 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16525 | Total |
| Program Services | 8733 | ProgramServices |
| Management And General | 7792 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6246 | Total |
| Management And General | 6246 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1128 | Total |
| Program Services | 1095 | ProgramServices |
| Management And General | 33 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2025 | Total |
| Program Services | 799 | ProgramServices |
| Management And General | 1226 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70603 | Total |
| Program Services | 63853 | ProgramServices |
| Management And General | 6750 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26326 | Total |
| Management And General | 26326 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7742 | Total |
| Program Services | 380 | ProgramServices |
| Management And General | 7362 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| GRANT EXPENSE | 99014 | 99014 | |
| CONSULTANTS | 43633 | 40325 | 3308 |
| MISCELLANEOUS | 22450 | 15776 | 6674 |
| UNCOLLECTIBLE GRANT EXP | 19472 | 19472 | |
| EQUIPMENT LEASE | 13223 | 13223 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24381 | Total |
| Program Services | 3393 | ProgramServices |
| Management And General | 20988 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 849726 | Total |
| Program Services | 608852 | ProgramServices |
| Management And General | 240874 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71106 | BOY |
| EOY | 135665 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1275768 | BOY |
| EOY | 1283293 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 212936 | BOY |
| EOY | 202933 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2858211 | BOY |
| EOY | 2858211 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7491 | BOY |
| EOY | 6288 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3461378 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 128265 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2751467 | BOY |
| EOY | 3333113 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163000 | BOY |
| EOY | 163000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9373036 | BOY |
| EOY | 10515870 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16713015 | BOY |
| EOY | 18498373 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64126 | BOY |
| EOY | 221963 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1325900 | BOY |
| EOY | 1325900 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3235132 | BOY |
| EOY | 3866516 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4625158 | BOY |
| EOY | 5414379 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 686641 | BOY |
| EOY | 543322 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11401216 | BOY |
| EOY | 12540672 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12087857 | BOY |
| EOY | 13083994 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16713015 | BOY |
| EOY | 18498373 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | 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 | 714346 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 279316 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 391041 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 406412 | CurrentTaxYearMinus1Year |
| Current Tax Year | 577035 | CurrentTaxYear |
| Total | 2368150 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 714346 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 279316 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 391041 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 406412 | CurrentTaxYearMinus1Year |
| Current Tax Year | 577035 | CurrentTaxYear |
| Total | 2368150 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 2368150 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 37026 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 57258 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 41868 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1026 | CurrentTaxYearMinus1Year |
| Total | 137178 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 797188 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 860799 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 949940 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 886340 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1150010 | CurrentTaxYear |
| Total | 4644277 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 7149605 | TotalSupport |
| Gross Receipts From Admissions Etc | 1612398 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.33120 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.38930 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests PY170 | X | ThirtyThreePercntTestsPY170 |
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
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3410250 | OtherCostOrOtherBasis |
| Depreciation | 85234 | Depreciation |
| Book Value | 3325016 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 51128 | OtherCostOrOtherBasis |
| Depreciation | 43031 | Depreciation |
| Book Value | 8097 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3333113 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED INTEREST RECEIVABLE | 10436931 |
| DUE FROM AFFILIATE | 78939 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 10515870 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SECURITY DEPOSIT | $2,010 |
| ACCRUED INTEREST PAYABLE - NHT | $1,098,097 |
| LINE OF CREDIT - BOA | $25,000 |
| NOTE PAYABLE - LISC | $25,000 |
| liNE OF CREDIT - MHP | $300,000 |
| 6 FORT STREET PREDEVELOPMENT LOANS | $2,416,409 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3866516 | TotalOfAmounts |
| Total Revenue | 1845863 | TotalRevenue |
| Total Expenses | 849726 | TotalExpenses |
| Excess Or Deficit For Year | 996137 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 996137 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1845863 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1845863 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1845863 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 849726 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 849726 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 849726 | TotalExpensesPerForm990 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | FORM 990 WAS REVIEWED AND DISCUSSED ALONG WITH THE AUDITED FINANCIAL STATEMENTS BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Section B, line 12 | ANY CONFLICTS OF INTEREST ARE TO BE DISCLOSED IN WRITING. |
| Form 990, Part VI, Section B, line 15 | REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Section C, line 19 | PROVIDED UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 6 FORT STREET LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 OAK STREET | AddressLine1 |
| City | bOSTON | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263319550 | EIN |
| Primary Activities | SOLE MEMBER OF 6 FORT STREET LLC | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Total Income | 0 | TotalIncome |
| EOY Assets | 22135 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OAK TERRACE CORPORATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 OAK STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043137171 | EIN |
| Primary Activity | GP OF OAK TERRACE CORP. | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | -16057 | ShareOfTotalIncome |
| Share Of EOY Assets | -34934 | ShareOfEOYAssets |
| 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 | 0 | 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 | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| ACDC pays property development invoices on behalf of Fort St LLC | |
| Q | 385456 |
| ACDC receives funds on predevelopment loans on behalf of Fort St LLC | |
| R | 349781 |
| ACDC pays OTC's taxes & filing fees | |
| Q | 565 |
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