Civic Intelligence

Berkshire Fund Inc.

990 • Fiscal year 2022 • EIN 04-2483221

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 14, 2023

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

82nd percentile

0.62x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

3.10x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

86th percentile

44%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

153%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$24,837,195

Up $2,808,712 (+13%) from 2021

Net Assets

Up

$9,317,932

Up $2,209,412 (+31%) from 2021

Liabilities

Up

$15,519,263

Up $599,300 (+4.0%) from 2021

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin86th percentile

Revenue

Up

$5,007,280

Up $3,026,696 (+153%) from 2021

Expenses

Up

$2,797,868

Up $155,905 (+5.9%) from 2021

Net Income

Up

$2,209,412

Up $2,870,791 (+434%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth74th 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

2022

Assets$24,837,195
Liabilities$15,519,263
Net Assets$9,317,932
Open 2022 Filing

Operations Trend

Revenue Growth95th 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

2022

Revenue$5,007,280
Expenses$2,797,868
Net Income$2,209,412
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 14, 2023
Return Version
2022v5.0
Gross Receipts
$5,007,280
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$10,491,767$10,093,551▼ $398,216
Other Notes and Loans Receivable, Net$6,088,079$8,940,843▲ $2,852,764
Investments Program Related$2,956,500$2,956,500→ $0
Savings and Temporary Cash Investments$842,604$976,907▲ $134,303
Accounts Receivable$73,779$167,723▲ $93,944
Prepaid Expenses and Deferred Charges$29,111$38,141▲ $9,030
Intangible Assets$5,500$5,250▼ $250
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-
Inventories for Sale or Use-$0-
Total Assets$22,028,483$24,837,195▲ $2,808,712
Other Assets Total$1,541,143$1,658,280▲ $117,137
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,993,249$8,919,160▼ $74,089
Other Liabilities$5,183,632$5,780,190▲ $596,558
Accounts Payable and Accrued Expenses$723,096$802,612▲ $79,516
Deferred Revenue$19,986$17,301▼ $2,685
Total Liabilities$14,919,963$15,519,263▲ $599,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,057,613$9,233,694▲ $2,176,081
Net Assets With Donor Restrictions$50,907$84,238▲ $33,331
Total Net Assets Fund Balance$7,108,520$9,317,932▲ $2,209,412
Total Liabilities and Net Assets / Fund Balance$22,028,483$24,837,195▲ $2,808,712

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,612,686$7,782,488$12,395,174
Leasehold Improvements$4,804,537$918,869$5,723,406
Land$641,632-$641,632
Equipment$32,620$9,919$42,539
Other Land Buildings$2,076$25,815$27,891
Other Assets Org$785,914--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$2,996,667
Program Service Revenue
$1,887,907
Investment Income
$101,516
Other Revenue
$21,190
Change in Net Assets
$2,209,412

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,007,280
Total Revenue per Audited Statements
$5,007,280
Total Revenue per Form 990
$5,007,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,300,660
Salaries, Compensation, and Employee Benefits$411,440
Grants and Similar Amounts Paid$85,768
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$695,817--$695,817
Depreciation Depletion$504,456--$504,456
Other Salaries and Wages$341,012--$341,012
Occupancy$257,998--$257,998
All Other Expenses$121,534$28,776-$150,310
Insurance$116,426--$116,426
Fees for Services Management-$114,999-$114,999
Grants to Domestic Individuals$85,768--$85,768
Fees for Services Other-$61,060-$61,060
Other Employee Benefits$51,868--$51,868
Other Expenses$35,265--$35,265
Office Expenses-$30,453-$30,453
Payroll Taxes$18,560--$18,560
Fees for Services Accounting-$16,075-$16,075
Advertising-$2,340-$2,340
Fees for Services Legal-$1,069-$1,069
Total Functional Expenses$2,543,096$254,772$0$2,797,868

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,797,868
Total Expenses per Audited Statements$2,797,868
Total Expenses per Form 990$2,797,868
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
Misc Accrued Expenses$5,694,230
Tenants' security deposits payable$61,190
Accrued interest payable$24,770
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, Section A, Line 3

“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, Section B, Line 11B

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

Form 990, Part VI, Section B, Line 12C

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

Form 990, Part VI, Section C, Line 19

“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
2023-06-14
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 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/ProgramServicesAmt335265
IRS990/OtherExpensesGrp/TotalAmt0180688
IRS990/OtherExpensesGrp/TotalAmt198408
IRS990/OtherExpensesGrp/TotalAmt235296
IRS990/OtherExpensesGrp/TotalAmt335265
IRS990/OtherLiabilitiesGrp/BOYAmt05183632
IRS990/OtherLiabilitiesGrp/EOYAmt05780190
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt021190
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021190
IRS990/OtherRevenueTotalAmt021190
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0341012
IRS990/OtherSalariesAndWagesGrp/TotalAmt0341012
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06088079
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08940843
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt018560
IRS990/PayrollTaxesGrp/TotalAmt018560
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029111
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038141
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLASS FEES
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19009
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21876148
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19009
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21876148
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS AND THEIR CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0294537
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01048454
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE REHABILITATION OF DETERIORATED HOUSING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt018268
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0111000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt086229
IRS990/PYInvestmentIncomeAmt020976
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02171096
IRS990/PYOtherRevenueAmt01768
IRS990/PYProgramServiceRevenueAmt01846840
IRS990/PYRevenuesLessExpensesAmt0-661379
IRS990/PYSalariesCompEmpBnftPaidAmt0384638
IRS990/PYTotalExpensesAmt02641963
IRS990/PYTotalRevenueAmt01980584
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02209412
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt03012317
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0842604
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0976907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02963336
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01358774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04449103
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0101516
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020976
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08557
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06812
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0145200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt021190
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01770
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08381
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt014630
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04274
IRS990ScheduleA/OtherIncome170Grp/TotalAmt050245
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95790
IRS990ScheduleA/PublicSupportPY170Pct00.94130
IRS990ScheduleA/PublicSupportTotal170Amt04449103
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02963336
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01358774
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04449103
IRS990ScheduleA/TotalSupportAmt04644548
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04612686
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07782488
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012395174
IRS990ScheduleD/EquipmentGrp/BookValueAmt032620
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09919
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042539
IRS990ScheduleD/ExpensesSubtotalAmt02797868
IRS990ScheduleD/LandGrp/BookValueAmt0641632
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0641632
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04804537
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0918869
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05723406
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt061190
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1312067
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2220394
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3278715
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4785914
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/OtherLandBuildingsGrp/BookValueAmt02076
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025815
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15694230
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt261190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued interest payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Misc Accrued Expenses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenants' security deposits payable
IRS990ScheduleD/RevenueSubtotalAmt05007280
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010093551
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01658280
IRS990ScheduleD/TotalBookValueProgramRltdAmt02956500
IRS990ScheduleD/TotalExpensesPerForm990Amt02797868
IRS990ScheduleD/TotalLiabilityAmt05780190
IRS990ScheduleD/TotalRevenuePerForm990Amt05007280
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05007280
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02797868
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,837,195
Liabilities
$15,519,263
Net assets
$9,317,932
Revenue
$5,007,280
Expenses
$2,797,868
Net income
$2,209,412
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
2022Detailed filing. Detailed filing data is available for this year.$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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