Civic Intelligence

Berkshire Fund Inc.

990 • Fiscal year 2014 • EIN 04-2483221

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 05, 2015

Organization ProfileN/A
C/O Berkshire Housing 1 Fenn StreetPittsfield, MA 01201

(413) 499-1630

Siviq Scores

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

Liabilities / Assets

79th percentile

0.64x

Higher debt load relative to assets than 79% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

7.27x

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

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

54th percentile

4.0%

Higher net margin than 54% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

54th percentile

4.5%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-64%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$12,839,531

Up $555,170 (+4.5%) from 2013

Net Assets

Up

$4,620,755

Up $45,689 (+1.0%) from 2013

Liabilities

Up

$8,218,776

Up $509,481 (+6.6%) from 2013

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin54th percentile

Revenue

Down

$1,130,010

Down $2,038,050 (-64%) from 2013

Expenses

Up

$1,084,321

Up $101,431 (+10%) from 2013

Net Income

Down

$45,689

Down $2,139,481 (-98%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth54th 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

2014

Assets$12,839,531
Liabilities$8,218,776
Net Assets$4,620,755
Open 2014 Filing

Operations Trend

Revenue Growth2nd 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

2014

Revenue$1,130,010
Expenses$1,084,321
Net Income$45,689
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 5, 2015
Return Version
2014v5.0
Gross Receipts
$1,130,010
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
Land, Buildings, and Equipment, Net$6,160,048$5,895,125▼ $264,923
Other Notes and Loans Receivable, Net$5,138,360$5,119,804▼ $18,556
Savings and Temporary Cash Investments$127,433$148,563▲ $21,130
Intangible Assets$86,512$82,332▼ $4,180
Prepaid Expenses and Deferred Charges$35,718$28,826▼ $6,892
Accounts Receivable$9,932$19,122▲ $9,190
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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$12,284,361$12,839,531▲ $555,170
Other Assets Total$726,358$1,545,759▲ $819,401
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,386,594$7,945,306▲ $558,712
Accounts Payable and Accrued Expenses$286,899$238,191▼ $48,708
Other Liabilities$30,778$33,813▲ $3,035
Deferred Revenue$5,024$1,466▼ $3,558
Total Liabilities$7,709,295$8,218,776▲ $509,481
Net Assets / Fund Balance
Unrestricted Net Assets$4,575,066$4,620,755▲ $45,689
Total Net Assets Fund Balance$4,575,066$4,620,755▲ $45,689
Total Liabilities and Net Assets / Fund Balance$12,284,361$12,839,531▲ $555,170

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,126,289$1,398,821$4,525,110
Buildings$2,422,490$740,885$3,163,375
Land$341,632-$341,632
Equipment$4,714$39,216$43,930
Other Assets Org$786,351--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$200,080
Program Service Revenue
$826,781
Investment Income
$5,008
Other Revenue
$98,141
All Other Contributions
$163,999
Change in Net Assets
$45,689

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,130,010
Total Revenue per Audited Statements
$1,130,010
Total Revenue per Form 990
$1,130,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$920,032
Salaries, Compensation, and Employee Benefits$120,769
Grants and Similar Amounts Paid$43,520
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$264,193--$264,193
Occupancy$114,466$195-$114,661
Other Salaries and Wages$106,013--$106,013
All Other Expenses$78,206$1,566-$79,772
Interest$69,557$849-$70,406
Insurance$60,856$1,259-$62,115
Fees for Services Management$54,497$1,200-$55,697
Grants to Domestic Individuals$43,520--$43,520
Fees for Services Accounting$26,642$6,633-$33,275
Other Expenses$19,096$923-$19,096
Fees for Services Legal$7,659$7,300-$14,959
Other Employee Benefits$8,616--$8,616
Office Expenses$3,752$4,199-$7,951
Payroll Taxes$6,140--$6,140
Advertising$48$1,150-$1,198
Total Functional Expenses$1,059,047$25,274$0$1,084,321

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,084,321
Total Expenses per Audited Statements$1,084,321
Total Expenses per Form 990$1,084,321
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$33,813
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 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
Yes
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 1 FENN STREET, PITTSFIELD, MA 01201

Signing Officer

Name
Anthony Doyle
Title
President
Signed
2015-08-05
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Lombardi Clairmont & Keegan CPAs
Address
35 Pearl Street, Pittsfield, MA 01201-4718
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/OtherEmployeeBenefitsGrp/TotalAmt08616
IRS990/OtherExpensesGrp/Desc0Repairs
IRS990/OtherExpensesGrp/Desc1Real estate taxes
IRS990/OtherExpensesGrp/Desc2Contract services
IRS990/OtherExpensesGrp/Desc3Rubbish removal
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0923
IRS990/OtherExpensesGrp/ProgramServicesAmt0118518
IRS990/OtherExpensesGrp/ProgramServicesAmt152168
IRS990/OtherExpensesGrp/ProgramServicesAmt225100
IRS990/OtherExpensesGrp/ProgramServicesAmt319096
IRS990/OtherExpensesGrp/TotalAmt0118518
IRS990/OtherExpensesGrp/TotalAmt153091
IRS990/OtherExpensesGrp/TotalAmt225100
IRS990/OtherExpensesGrp/TotalAmt319096
IRS990/OtherLiabilitiesGrp/BOYAmt030778
IRS990/OtherLiabilitiesGrp/EOYAmt033813
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt098141
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt098141
IRS990/OtherRevenueTotalAmt098141
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0106013
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106013
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05138360
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05119804
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06140
IRS990/PayrollTaxesGrp/TotalAmt06140
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035718
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028826
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc3CLASS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0801745
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116446
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0801745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116446
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32560
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS AND THEIR CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0267787
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0209261
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE SECOND MORTGAGES TO FIRST TIME HOMEBUYERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt042050
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt014553
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02269721
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt019709
IRS990/PYInvestmentIncomeAmt03750
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0851956
IRS990/PYOtherRevenueAmt077137
IRS990/PYProgramServiceRevenueAmt0817452
IRS990/PYRevenuesLessExpensesAmt02185170
IRS990/PYSalariesCompEmpBnftPaidAmt0111225
IRS990/PYTotalExpensesAmt0982890
IRS990/PYTotalRevenueAmt03168060
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt045689
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0669766
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0127433
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0148563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0200080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02269721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt033268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0112291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0148050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02763410
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05008
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015434
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt039822
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04949347
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt098141
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0105137
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0104172
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt064023
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt019988
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0391461
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86500
IRS990ScheduleA/PublicSupportPY170Pct00.87200
IRS990ScheduleA/PublicSupportTotal170Amt02763410
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0200080
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02269721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt033268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0112291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0148050
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02763410
IRS990ScheduleA/TotalSupportAmt03194693
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02422490
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0740885
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03163375
IRS990ScheduleD/EquipmentGrp/BookValueAmt04714
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039216
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043930
IRS990ScheduleD/ExpensesSubtotalAmt01084321
IRS990ScheduleD/LandGrp/BookValueAmt0341632
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0341632
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03126289
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01398821
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04525110
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0226203
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1262024
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2125976
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3109755
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41688
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt533762
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6786351
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Collateral trust fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Operating reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Real estate tax and insurance escrows
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Escrow funds
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Cash - tenants' security deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6Construction in progress
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenants' security deposits payable
IRS990ScheduleD/RevenueSubtotalAmt01130010
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05895125
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01545759
IRS990ScheduleD/TotalExpensesPerForm990Amt01084321
IRS990ScheduleD/TotalLiabilityAmt033813
IRS990ScheduleD/TotalRevenuePerForm990Amt01130010
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01130010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01084321
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt018556
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

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,839,531
Liabilities
$8,218,776
Net assets
$4,620,755
Revenue
$1,130,010
Expenses
$1,084,321
Net income
$45,689
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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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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