Civic Intelligence

Berkshire Fund Inc.

990 • Fiscal year 2018 • EIN 04-2483221

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 31, 2019

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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

7.46x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

7th percentile

-39%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

22nd percentile

-4.4%

Faster asset growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$14,847,579

Down $684,256 (-4.4%) from 2017

Net Assets

Down

$7,847,908

Down $368,574 (-4.5%) from 2017

Liabilities

Down

$6,999,671

Down $315,682 (-4.3%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin7th percentile

Revenue

Down

$937,961

Down $881,287 (-48%) from 2017

Expenses

Up

$1,306,535

Up $27,299 (+2.1%) from 2017

Net Income

Down

-$368,574

Down $908,586 (-168%) from 2017

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

2018

Assets$14,847,579
Liabilities$6,999,671
Net Assets$7,847,908
Open 2018 Filing

Operations Trend

Revenue Growth5th 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

2018

Revenue$937,961
Expenses$1,306,535
Net Income-$368,574
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 31, 2019
Return Version
2018v3.1
Gross Receipts
$937,961
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$5,373,636$5,356,401▼ $17,235
Land, Buildings, and Equipment, Net$5,323,127$5,076,979▼ $246,148
Investments Program Related$2,956,500$2,956,500→ $0
Savings and Temporary Cash Investments$850,484$433,935▼ $416,549
Pledges and Grants Receivable$101,982$0▼ $101,982
Accounts Receivable$25,918$30,205▲ $4,287
Prepaid Expenses and Deferred Charges$28,389$11,819▼ $16,570
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$15,531,835$14,847,579▼ $684,256
Other Assets Total$871,799$981,740▲ $109,941
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,057,584$6,768,142▼ $289,442
Accounts Payable and Accrued Expenses$218,502$193,813▼ $24,689
Other Liabilities$36,484$35,082▼ $1,402
Deferred Revenue$2,783$2,634▼ $149
Total Liabilities$7,315,353$6,999,671▼ $315,682
Net Assets / Fund Balance
Unrestricted Net Assets$8,216,482$7,847,908▼ $368,574
Total Net Assets Fund Balance$8,216,482$7,847,908▼ $368,574
Total Liabilities and Net Assets / Fund Balance$15,531,835$14,847,579▼ $684,256

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,725,148$2,055,624$4,780,772
Buildings$2,010,199$1,153,176$3,163,375
Land$341,632-$341,632
Equipment-$41,048$41,048
Other Assets Org$394,340--
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
$31,000
Program Service Revenue
$895,875
Investment Income
$6,812
Other Revenue
$4,274
All Other Contributions
$31,000
Change in Net Assets
$-368,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$937,961
Total Revenue per Audited Statements
$937,961
Total Revenue per Form 990
$937,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,026,771
Salaries, Compensation, and Employee Benefits$183,099
Grants and Similar Amounts Paid$96,665
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$276,268--$276,268
Other Salaries and Wages$164,343--$164,343
Occupancy$123,109--$123,109
Grants to Domestic Individuals$96,665--$96,665
All Other Expenses$91,384$3,500-$94,884
Insurance$55,477--$55,477
Fees for Services Management$53,755--$53,755
Fees for Services Accounting$36,550--$36,550
Interest$32,654--$32,654
Other Expenses$22,295$174,996-$22,295
Payroll Taxes$10,531--$10,531
Office Expenses$9,249--$9,249
Fees for Services Legal$8,293--$8,293
Other Employee Benefits$8,225--$8,225
Advertising-$1,801-$1,801
Total Functional Expenses$1,126,238$180,297$0$1,306,535

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,306,535
Total Expenses per Audited Statements$1,306,535
Total Expenses per Form 990$1,306,535
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$35,082
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
2019-07-31
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/ProgramServicesAmt078034
IRS990/OtherExpensesGrp/ProgramServicesAmt159406
IRS990/OtherExpensesGrp/ProgramServicesAmt222295
IRS990/OtherExpensesGrp/TotalAmt0174996
IRS990/OtherExpensesGrp/TotalAmt178034
IRS990/OtherExpensesGrp/TotalAmt259406
IRS990/OtherExpensesGrp/TotalAmt322295
IRS990/OtherLiabilitiesGrp/BOYAmt036484
IRS990/OtherLiabilitiesGrp/EOYAmt035082
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt04274
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04274
IRS990/OtherRevenueTotalAmt04274
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0164343
IRS990/OtherSalariesAndWagesGrp/TotalAmt0164343
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05373636
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05356401
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt010531
IRS990/PayrollTaxesGrp/TotalAmt010531
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0101982
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028389
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011819
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLASS FEES
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt119588
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27333
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3866154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt119588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27333
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3866154
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS AND THEIR CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0287499
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0218594
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE REHABILITATION OF DETERIORATED HOUSING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017236
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0136982
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt035996
IRS990/PYInvestmentIncomeAmt05194
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01087165
IRS990/PYOtherRevenueAmt023335
IRS990/PYProgramServiceRevenueAmt01653737
IRS990/PYRevenuesLessExpensesAmt0540012
IRS990/PYSalariesCompEmpBnftPaidAmt0156075
IRS990/PYTotalExpensesAmt01279236
IRS990/PYTotalRevenueAmt01819248
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-368574
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0633987
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0850484
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0433935
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt031000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0136982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02980833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0360000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0200080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03708895
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05008
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024560
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0826781
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04274
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt023335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt065861
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt074475
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt098141
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0266086
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92730
IRS990ScheduleA/PublicSupportPY170Pct00.93870
IRS990ScheduleA/PublicSupportTotal170Amt03708895
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt031000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0136982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02980833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0360000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0200080
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03708895
IRS990ScheduleA/TotalSupportAmt03999541
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02010199
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01153176
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03163375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041048
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041048
IRS990ScheduleD/ExpensesSubtotalAmt01306535
IRS990ScheduleD/LandGrp/BookValueAmt0341632
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0341632
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02725148
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02055624
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04780772
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt035082
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1311625
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt245813
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3194880
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4394340
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/Amt035082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenants' security deposits payable
IRS990ScheduleD/RevenueSubtotalAmt0937961
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05076979
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0981740
IRS990ScheduleD/TotalBookValueProgramRltdAmt02956500
IRS990ScheduleD/TotalExpensesPerForm990Amt01306535
IRS990ScheduleD/TotalLiabilityAmt035082
IRS990ScheduleD/TotalRevenuePerForm990Amt0937961
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0937961
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01306535
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,847,579
Liabilities
$6,999,671
Net assets
$7,847,908
Revenue
$937,961
Expenses
$1,306,535
Net income
-$368,574
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
2018Detailed filing. Detailed filing data is available for this year.$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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