Civic Intelligence

Berkshire Fund Inc.

990 • Fiscal year 2017 • EIN 04-2483221

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 30, 2018

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

71st percentile

0.47x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

4.02x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

47th percentile

3.6%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-57%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$15,531,835

Up $543,559 (+3.6%) from 2016

Net Assets

Up

$8,216,482

Up $540,012 (+7.0%) from 2016

Liabilities

Up

$7,315,353

Up $3,547 (+0.0%) from 2016

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin84th percentile

Revenue

Down

$1,819,248

Down $2,394,240 (-57%) from 2016

Expenses

Down

$1,279,236

Down $42,410 (-3.2%) from 2016

Net Income

Down

$540,012

Down $2,351,830 (-81%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth47th 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

2017

Assets$15,531,835
Liabilities$7,315,353
Net Assets$8,216,482
Open 2017 Filing

Operations Trend

Revenue Growth3rd 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

2017

Revenue$1,819,248
Expenses$1,279,236
Net Income$540,012
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 30, 2018
Return Version
2017v2.2
Gross Receipts
$1,819,248
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$5,391,137$5,373,636▼ $17,501
Land, Buildings, and Equipment, Net$5,508,316$5,323,127▼ $185,189
Investments Program Related$2,953,500$2,956,500▲ $3,000
Savings and Temporary Cash Investments$91,300$850,484▲ $759,184
Pledges and Grants Receivable-$101,982-
Prepaid Expenses and Deferred Charges$29,280$28,389▼ $891
Accounts Receivable$162,342$25,918▼ $136,424
Cash and Non-Interest-Bearing Accounts-$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$14,988,276$15,531,835▲ $543,559
Other Assets Total$852,401$871,799▲ $19,398
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,035,360$7,057,584▲ $22,224
Accounts Payable and Accrued Expenses$239,023$218,502▼ $20,521
Other Liabilities$34,967$36,484▲ $1,517
Deferred Revenue$2,456$2,783▲ $327
Total Liabilities$7,311,806$7,315,353▲ $3,547
Net Assets / Fund Balance
Unrestricted Net Assets$7,676,470$8,216,482▲ $540,012
Total Net Assets Fund Balance$7,676,470$8,216,482▲ $540,012
Total Liabilities and Net Assets / Fund Balance$14,988,276$15,531,835▲ $543,559

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,868,224$1,882,433$4,750,657
Buildings$2,113,271$1,050,104$3,163,375
Land$341,632-$341,632
Equipment-$41,048$41,048
Other Assets Org$296,632--
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
$136,982
Program Service Revenue
$1,653,737
Investment Income
$5,194
Other Revenue
$23,335
All Other Contributions
$136,982
Change in Net Assets
$540,012

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,819,248
Total Revenue per Audited Statements
$1,819,248
Total Revenue per Form 990
$1,819,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,087,165
Salaries, Compensation, and Employee Benefits$156,075
Grants and Similar Amounts Paid$35,996
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$271,197--$271,197
Other Salaries and Wages$141,627--$141,627
Occupancy$112,746--$112,746
All Other Expenses$105,486$597-$106,083
Insurance$62,325$1,322-$63,647
Fees for Services Management$50,919$1,000-$51,919
Other Expenses$50,773$175,000-$50,773
Interest$46,827--$46,827
Grants to Domestic Individuals$35,996--$35,996
Fees for Services Accounting$28,165$7,385-$35,550
Office Expenses$5,859$4,729-$10,588
Payroll Taxes$8,373--$8,373
Other Employee Benefits$6,075--$6,075
Fees for Services Legal$4,945--$4,945
Advertising$902$1,782-$2,684
Total Functional Expenses$1,087,421$191,815$0$1,279,236

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,279,236
Total Expenses per Audited Statements$1,279,236
Total Expenses per Form 990$1,279,236
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$36,484
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
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
2018-04-30
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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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc1Repairs
IRS990/OtherExpensesGrp/Desc2Real estate taxes
IRS990/OtherExpensesGrp/Desc3Consulting
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0175000
IRS990/OtherExpensesGrp/ProgramServicesAmt0996
IRS990/OtherExpensesGrp/ProgramServicesAmt196749
IRS990/OtherExpensesGrp/ProgramServicesAmt257461
IRS990/OtherExpensesGrp/ProgramServicesAmt350773
IRS990/OtherExpensesGrp/TotalAmt0175996
IRS990/OtherExpensesGrp/TotalAmt196749
IRS990/OtherExpensesGrp/TotalAmt257461
IRS990/OtherExpensesGrp/TotalAmt350773
IRS990/OtherLiabilitiesGrp/BOYAmt034967
IRS990/OtherLiabilitiesGrp/EOYAmt036484
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt023335
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023335
IRS990/OtherRevenueTotalAmt023335
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0141627
IRS990/OtherSalariesAndWagesGrp/TotalAmt0141627
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05391137
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05373636
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08373
IRS990/PayrollTaxesGrp/TotalAmt08373
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0101982
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029280
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028389
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLASS FEES
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05585
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1821250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26763
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3820139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1821250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26763
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3820139
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS AND THEIR CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0271577
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0205387
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE REHABILITATION OF DETERIORATED HOUSING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017236
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02980833
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt041045
IRS990/PYInvestmentIncomeAmt05419
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01155344
IRS990/PYOtherRevenueAmt065861
IRS990/PYProgramServiceRevenueAmt01161375
IRS990/PYRevenuesLessExpensesAmt02891842
IRS990/PYSalariesCompEmpBnftPaidAmt0125257
IRS990/PYTotalExpensesAmt01321646
IRS990/PYTotalRevenueAmt04213488
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0540012
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0643379
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091300
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0850484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0136982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02980833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0360000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0200080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02269721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05947616
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05008
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03750
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021498
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01644233
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt023335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt065861
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt074475
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt098141
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0105137
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0366949
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93870
IRS990ScheduleA/PublicSupportPY170Pct00.92560
IRS990ScheduleA/PublicSupportTotal170Amt05947616
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0136982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02980833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0360000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0200080
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02269721
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05947616
IRS990ScheduleA/TotalSupportAmt06336063
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02113271
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01050104
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03163375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041048
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041048
IRS990ScheduleD/ExpensesSubtotalAmt01279236
IRS990ScheduleD/LandGrp/BookValueAmt0341632
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0341632
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02868224
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01882433
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04750657
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt036484
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1311625
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21691
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt388928
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4136439
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5296632
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash - tenants' security deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Collateral trust fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Escrow funds
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Operating reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Real estate tax and insurance escrows
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Replacement reserve
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenants' security deposits payable
IRS990ScheduleD/RevenueSubtotalAmt01819248
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05323127
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0871799
IRS990ScheduleD/TotalBookValueProgramRltdAmt02956500
IRS990ScheduleD/TotalExpensesPerForm990Amt01279236
IRS990ScheduleD/TotalLiabilityAmt036484
IRS990ScheduleD/TotalRevenuePerForm990Amt01819248
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01819248
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01279236
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt017236
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/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,531,835
Liabilities
$7,315,353
Net assets
$8,216,482
Revenue
$1,819,248
Expenses
$1,279,236
Net income
$540,012
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
2017Detailed filing. Detailed filing data is available for this year.$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