Civic Intelligence

Berkshire Fund Inc.

990 • Fiscal year 2019 • EIN 04-2483221

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 24, 2020

Organization ProfileN/A
C/O Berkshire Housing PO Box 1180Pittsfield, MA 01202

(413) 499-1630

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.48x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

6.93x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

7th percentile

-36%

Higher net margin than 7% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

22nd percentile

-2.7%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

7.1%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$14,448,098

Down $399,481 (-2.7%) from 2018

Net Assets

Down

$7,482,798

Down $365,110 (-4.7%) from 2018

Liabilities

Down

$6,965,300

Down $34,371 (-0.5%) from 2018

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin7th percentile

Revenue

Up

$1,004,669

Up $66,708 (+7.1%) from 2018

Expenses

Up

$1,369,779

Up $63,244 (+4.8%) from 2018

Net Income

Up

-$365,110

Up $3,464 (+0.9%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $4,935,871Liabilities 2010: $2,531,728Net Assets 2010: $2,404,1432010Assets 2011: $7,585,943Liabilities 2011: $5,134,580Net Assets 2011: $2,451,3632011Assets 2012: $8,786,826Liabilities 2012: $6,396,930Net Assets 2012: $2,389,8962012Assets 2013: $12,284,361Liabilities 2013: $7,709,295Net Assets 2013: $4,575,0662013Assets 2014: $12,839,531Liabilities 2014: $8,218,776Net Assets 2014: $4,620,7552014Assets 2015: $12,267,733Liabilities 2015: $7,483,105Net Assets 2015: $4,784,6282015Assets 2016: $14,988,276Liabilities 2016: $7,311,806Net Assets 2016: $7,676,4702016Assets 2017: $15,531,835Liabilities 2017: $7,315,353Net Assets 2017: $8,216,4822017Assets 2018: $14,847,579Liabilities 2018: $6,999,671Net Assets 2018: $7,847,9082018Assets 2019: $14,448,098Liabilities 2019: $6,965,300Net Assets 2019: $7,482,7982019Assets 2020: $22,235,339Liabilities 2020: $14,465,440Net Assets 2020: $7,769,8992020Assets 2021: $22,028,483Liabilities 2021: $14,919,963Net Assets 2021: $7,108,5202021Assets 2022: $24,837,195Liabilities 2022: $15,519,263Net Assets 2022: $9,317,9322022Assets 2023: $28,941,797Liabilities 2023: $15,678,795Net Assets 2023: $13,263,0022023Assets 2024: $29,466,477Liabilities 2024: $12,036,223Net Assets 2024: $17,430,2542024

Highlighted filing

2019

Assets$14,448,098
Liabilities$6,965,300
Net Assets$7,482,798
Open 2019 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $327,8332010Revenue 2011: $799,403Expenses 2011: $752,183Net Income 2011: $47,2202011Revenue 2012: $844,123Expenses 2012: $879,182Net Income 2012: -$35,0592012Revenue 2013: $3,168,060Expenses 2013: $982,890Net Income 2013: $2,185,1702013Revenue 2014: $1,130,010Expenses 2014: $1,084,321Net Income 2014: $45,6892014Revenue 2015: $1,522,858Expenses 2015: $1,208,985Net Income 2015: $313,8732015Revenue 2016: $4,213,488Expenses 2016: $1,321,646Net Income 2016: $2,891,8422016Revenue 2017: $1,819,248Expenses 2017: $1,279,236Net Income 2017: $540,0122017Revenue 2018: $937,961Expenses 2018: $1,306,535Net Income 2018: -$368,5742018Revenue 2019: $1,004,669Expenses 2019: $1,369,779Net Income 2019: -$365,1102019Revenue 2020: $3,186,848Expenses 2020: $2,677,191Net Income 2020: $509,6572020Revenue 2021: $1,980,584Expenses 2021: $2,641,963Net Income 2021: -$661,3792021Revenue 2022: $5,007,280Expenses 2022: $2,797,868Net Income 2022: $2,209,4122022Revenue 2023: $2,688,891Expenses 2023: $3,345,445Net Income 2023: -$656,5542023Revenue 2024: $2,510,195Expenses 2024: $2,745,430Net Income 2024: -$235,2352024

Highlighted filing

2019

Revenue$1,004,669
Expenses$1,369,779
Net Income-$365,110
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 24, 2020
Return Version
2019v5.0
Gross Receipts
$1,004,669
Mission and Program Overview

Mission

Provide second mortgages to first time homebuyers, rehabilitation of deteriorated housing and operation of rental housing for single parents, their children and low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,356,401$5,339,164▼ $17,237
Land, Buildings, and Equipment, Net$5,076,979$4,854,730▼ $222,249
Investments Program Related$2,956,500$2,956,500→ $0
Savings and Temporary Cash Investments$433,935$349,994▼ $83,941
Accounts Receivable$30,205$24,247▼ $5,958
Prepaid Expenses and Deferred Charges$11,819$11,180▼ $639
Cash and Non-Interest-Bearing Accounts-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$14,847,579$14,448,098▼ $399,481
Other Assets Total$981,740$912,283▼ $69,457
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,768,142$6,730,098▼ $38,044
Accounts Payable and Accrued Expenses$193,813$184,048▼ $9,765
Other Liabilities$35,082$39,632▲ $4,550
Deferred Revenue$2,634$11,522▲ $8,888
Total Liabilities$6,999,671$6,965,300▼ $34,371
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,847,908$7,482,798▼ $365,110
Total Net Assets Fund Balance$7,847,908$7,482,798▼ $365,110
Total Liabilities and Net Assets / Fund Balance$14,847,579$14,448,098▼ $399,481

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,601,688$2,232,567$4,834,255
Buildings$1,907,126$1,256,249$3,163,375
Land$341,632-$341,632
Equipment$4,284$28,336$32,620
Other Assets Org$324,371--
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Anthony DoylePresident
Crystal GarneauBoard Member
Catherine CarchediClerk
John Graham IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,000
Program Service Revenue
$961,700
Investment Income
$7,339
Other Revenue
$14,630
Change in Net Assets
$-365,110

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,004,669
Total Revenue per Audited Statements
$1,004,669
Total Revenue per Form 990
$1,004,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,150,254
Salaries, Compensation, and Employee Benefits$181,268
Grants and Similar Amounts Paid$38,257
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$280,773--$280,773
Other Salaries and Wages$157,859--$157,859
Occupancy$130,383--$130,383
All Other Expenses$89,814$10,682-$100,496
Fees for Services Management-$58,387-$58,387
Insurance$50,281--$50,281
Grants to Domestic Individuals$38,257--$38,257
Fees for Services Accounting-$36,950-$36,950
Other Expenses$23,255$174,996-$23,255
Interest$22,884--$22,884
Other Employee Benefits$14,397--$14,397
Fees for Services Legal-$9,661-$9,661
Office Expenses-$9,661-$9,661
Payroll Taxes$9,012--$9,012
Advertising-$1,796-$1,796
Total Functional Expenses$1,067,646$302,133$0$1,369,779

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,369,779
Total Expenses per Audited Statements$1,369,779
Total Expenses per Form 990$1,369,779
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenants' security deposits payable$39,632
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“A contractual agreement exists where berkshire housing services inc. Is the management agent for the rental properties. All leasing, accounting, and maintenance duties are delegated to the management company. Also, berkshire housing services, inc. Runs classes to educate first time homebuyers about home ownership.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The board of directors will review in detail the form 990 before the form is to be filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“It is done on the board level through discussions.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Berkshire Fund
EIN
04-2483221
Phone
4134991630
Address
C/O BERKSHIRE HOUSING PO BOX 1180, PITTSFIELD, MA 01202

Signing Officer

Name
Anthony Doyle
Title
President
Signed
2020-06-24
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Lombardi Clairmont & Keegan CPAs
Address
35 Pearl Street, Pittsfield, MA 01201
Preparer
Barry J Clairmont
Phone
4134993733
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“Other program services 4: provide rehabilitation of deteriorated housing.”

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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05339164
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt09012
IRS990/PayrollTaxesGrp/TotalAmt09012
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011819
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011180
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLASS FEES
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132731
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3918871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3918871
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS AND THEIR CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0255963
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0255982
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE REHABILITATION OF DETERIORATED HOUSING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017237
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt031000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt096665
IRS990/PYInvestmentIncomeAmt06812
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01026771
IRS990/PYOtherRevenueAmt04274
IRS990/PYProgramServiceRevenueAmt0895875
IRS990/PYRevenuesLessExpensesAmt0-368574
IRS990/PYSalariesCompEmpBnftPaidAmt0183099
IRS990/PYTotalExpensesAmt01306535
IRS990/PYTotalRevenueAmt0937961
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-365110
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0743062
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0433935
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0349994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt031000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0136982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02980833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0360000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03529815
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02127
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026891
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014630
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04274
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt023335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt065861
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt074475
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0182575
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94400
IRS990ScheduleA/PublicSupportPY170Pct00.92730
IRS990ScheduleA/PublicSupportTotal170Amt03529815
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt031000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0136982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02980833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0360000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03529815
IRS990ScheduleA/TotalSupportAmt03739281
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01907126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01256249
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03163375
IRS990ScheduleD/EquipmentGrp/BookValueAmt04284
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028336
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032620
IRS990ScheduleD/ExpensesSubtotalAmt01369779
IRS990ScheduleD/LandGrp/BookValueAmt0341632
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0341632
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02601688
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02232567
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04834255
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt039632
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1311625
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt244122
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3192533
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4324371
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash - tenants' security deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Collateral trust fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Operating reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Real estate tax and insurance escrows
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Replacement reserve
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenants' security deposits payable
IRS990ScheduleD/RevenueSubtotalAmt01004669
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04854730
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0912283
IRS990ScheduleD/TotalBookValueProgramRltdAmt02956500
IRS990ScheduleD/TotalExpensesPerForm990Amt01369779
IRS990ScheduleD/TotalLiabilityAmt039632
IRS990ScheduleD/TotalRevenuePerForm990Amt01004669
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01004669
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01369779
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt017237
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FORGIVENESS OF DEBT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FORGIVES A PORTION OF THE LOANS RECEIVABLE ON A YEARLY BASIS. THIS IS MONITORED BY MANAGEMENT YEARLY TO ENSURE THAT THE CORRECT AMOUNT IS BEING FORGIVEN.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: PROVIDE REHABILITATION OF DETERIORATED HOUSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONTRACTUAL AGREEMENT EXISTS WHERE BERKSHIRE HOUSING SERVICES INC. IS THE MANAGEMENT AGENT FOR THE RENTAL PROPERTIES. ALL LEASING, ACCOUNTING, AND MAINTENANCE DUTIES ARE DELEGATED TO THE MANAGEMENT COMPANY. ALSO, BERKSHIRE HOUSING SERVICES, INC. RUNS CLASSES TO EDUCATE FIRST TIME HOMEBUYERS ABOUT HOME OWNERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS WILL REVIEW IN DETAIL THE FORM 990 BEFORE THE FORM IS TO BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IT IS DONE ON THE BOARD LEVEL THROUGH DISCUSSIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014847579
IRS990/TotalAssetsEOYAmt014448098
IRS990/TotalAssetsGrp/BOYAmt014847579
IRS990/TotalAssetsGrp/EOYAmt014448098
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0302133
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01067646
IRS990/TotalFunctionalExpensesGrp/TotalAmt01369779
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06999671

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,448,098
Liabilities
$6,965,300
Net assets
$7,482,798
Revenue
$1,004,669
Expenses
$1,369,779
Net income
-$365,110
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.5$12.0$17.4$2.51$2.75$0.24
2023Detailed filing. Detailed filing data is available for this year.$28.9$15.7$13.3$2.69$3.35$0.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$15.5$9.32$5.01$2.80$2.21
2021Detailed filing. Detailed filing data is available for this year.$22.0$14.9$7.11$1.98$2.64$0.66
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$14.5$7.77$3.19$2.68$0.51
2019Detailed filing. Detailed filing data is available for this year.$14.4$6.97$7.48$1.00$1.37$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$7.00$7.85$0.94$1.31$0.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$7.32$8.22$1.82$1.28$0.54
2016Detailed filing. Detailed filing data is available for this year.$15.0$7.31$7.68$4.21$1.32$2.89
2015Detailed filing. Detailed filing data is available for this year.$12.3$7.48$4.78$1.52$1.21$0.31
2014Detailed filing. Detailed filing data is available for this year.$12.8$8.22$4.62$1.13$1.08$0.05
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$12.3$7.71$4.58$3.17$0.98$2.19
2012Summary only. Only limited summary data is available for this year.$8.79$6.40$2.39$0.84$0.88$0.04
2011Summary only. Only limited summary data is available for this year.$7.59$5.13$2.45$0.80$0.75$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$2.53$2.40$0.33
Peer Organizations

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