Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Down$3,351,432
Down $5,851 (-0.2%) from 2018
Net Assets
Up$459,121
Up $366,377 (+395%) from 2018
Liabilities
Down$2,892,311
Down $372,228 (-11%) from 2018
Revenue
Up$1,998,547
Up $61,891 (+3.2%) from 2018
Expenses
Up$1,632,170
Up $123,411 (+8.2%) from 2018
Net Income
Down$366,377
Down $61,520 (-14%) from 2018
To provide affordable rental units for elderly and handicapped persons
The organization's mission is to provide eighty rental units of housing on a non-profit basis for elderly or handicapped persons, to meet their physical, social, and psychological needs.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,660,310 | $1,498,299 | ▼ $162,011 |
| Cash and Non-Interest-Bearing Accounts | $391,925 | $499,286 | ▲ $107,361 |
| Prepaid Expenses and Deferred Charges | $57,935 | $58,029 | ▲ $94 |
| Accounts Receivable | $486 | $373 | ▼ $113 |
| Total Assets | $3,357,283 | $3,351,432 | ▼ $5,851 |
| Other Assets Total | $1,246,627 | $1,295,445 | ▲ $48,818 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,875,499 | $2,556,915 | ▼ $318,584 |
| Accounts Payable and Accrued Expenses | $366,809 | $309,182 | ▼ $57,627 |
| Escrow Account Liability | $21,786 | $22,202 | ▲ $416 |
| Deferred Revenue | $423 | $3,935 | ▲ $3,512 |
| Other Liabilities | $22 | $77 | ▲ $55 |
| Total Liabilities | $3,264,539 | $2,892,311 | ▼ $372,228 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $92,744 | $459,121 | ▲ $366,377 |
| Total Net Assets Fund Balance | $92,744 | $459,121 | ▲ $366,377 |
| Total Liabilities and Net Assets / Fund Balance | $3,357,283 | $3,351,432 | ▼ $5,851 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $540,172 | $2,988,991 | $3,529,163 |
| Leasehold Improvements | $576,696 | $239,272 | $815,968 |
| Other Land Buildings | $94,751 | $407,060 | $501,811 |
| Land | $256,321 | - | $256,321 |
| Equipment | $30,359 | $34,404 | $64,763 |
| Other Assets Org | $2,452 | - | - |
| Name | Title |
|---|---|
| Karen Smith | President |
| ANTHONY D'ISIDORO | Director |
| David Mcnair | Director |
| Ellen Scofield | Director |
| Jane Mchale | Director |
| Mary Dolan | Director |
| Millie Hollum-mclaughlin | Director |
| William Corrigan | Director |
| James Gibbons | Clerk |
| Robert Marshall | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Corcoran Management Company | Management & Bookkeeping Services | 100 GRANDVIEW ROAD SUITE 207, Braintree, MA 02184 | $396,050 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,632,170 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $863,513 | - | - | $863,513 |
| Fees for Services Other | $276,149 | - | - | $276,149 |
| Depreciation Depletion | $192,370 | - | - | $192,370 |
| Fees for Services Management | $69,758 | $113,661 | - | $183,419 |
| Office Expenses | $72,203 | $9,506 | - | $81,709 |
| Fees for Services Accounting | - | $21,980 | - | $21,980 |
| Insurance | $12,363 | - | - | $12,363 |
| Advertising | $460 | - | - | $460 |
| All Other Expenses | $109 | - | - | $109 |
| Other Expenses | $55 | - | - | $55 |
| Fees for Services Legal | - | $43 | - | $43 |
| Total Functional Expenses | $1,486,980 | $145,190 | $0 | $1,632,170 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,660,586 |
| Expenses per Audited Statements | $1,632,170 |
| Total Expenses per Form 990 | $1,632,170 |
| Expenses Not Reported on Form 990 | $28,416 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Residual Receipts Payable | $77 |
“The corporation incurred a management fee of $109,821, for the year ended december 31, 2019 due to corcoran management company. The management fee is equal to 5.5% of total gross collections. The agreement is in effect until canceled by hud, the corporation, or corcoran management company. As approved by hud, additional management fees were incurred per the better building challenge program, effective june 2014. The additional fees are equal to $4 per unit per month. During the year ended december 31, 2019, additional management fees of $3,840 were incurred and paid.”
“The form 990 is reviewed by the board president before it is signed.”
“UPON REQUEST”
“The governing documents, financial statements, and the form 990 are made available upon request. The organization does not currently have written policies related to conflicts of interest, whistleblower protection or document retention and destruction.”
“Management services: program service expenses 276,149. Management and general expenses 0. Fundraising expenses 0. Total expenses 276,149.”
“The escrow liability amounts on form 990, part x, line 21 consist of tenant security deposits, which are held in a separate bank account. The deposits are refunded to the tenant upon termination of the lease.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 366809 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 309182 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 486 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 373 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION'S MISSION IS TO PROVIDE EIGHTY RENTAL UNITS OF HOUSING ON A NON-PROFIT BASIS FOR ELDERLY OR HANDICAPPED PERSONS, TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 460 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 460 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 109 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 109 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CORCORAN MANAGEMENT CO INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7818490014 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 100 GRANDVIEW ROAD SUITE 207 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BRAINTREE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02184 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 391925 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 499286 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 396050 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 100 GRANDVIEW ROAD SUITE 207 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | BRAINTREE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 02184 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CORCORAN MANAGEMENT COMPANY |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT & BOOKKEEPING SERVICES |
| IRS990/CreditCounselingInd | 0 | 1 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1692226 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2431 |
| IRS990/CYOtherExpensesAmt | 0 | 1632170 |
| IRS990/CYOtherRevenueAmt | 0 | 7696 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 296194 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 366377 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1632170 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1998547 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 423 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3935 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 192370 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 192370 |
| IRS990/Desc | 0 | PROVIDED EIGHTY RENTAL UNITS OF HOUSING ON A NON-PROFIT BASIS FOR ELDERLY OR HANDICAPPED PERSONS TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 21786 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 22202 |
| IRS990/ExpenseAmt | 0 | 1486980 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 21980 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 21980 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 43 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 43 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 113661 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 69758 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 183419 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 276149 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 276149 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KAREN SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROBERT MARSHALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES GIBBONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WILLIAM CORRIGAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JANE MCHALE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MARY DOLAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID MCNAIR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MILLIE HOLLUM-MCLAUGHLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ANTHONY D'ISIDORO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ELLEN SCOFIELD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1978 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 1692226 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1998547 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 12363 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 12363 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2431 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2431 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3669727 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1660310 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1498299 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5168026 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1864 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 1864 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION'S MISSION IS TO PROVIDE EIGHTY RENTAL UNITS OF HOUSING ON A NON-PROFIT BASIS FOR ELDERLY OR HANDICAPPED PERSONS, TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2875499 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2556915 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 92744 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 459121 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 92744 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 459121 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 863513 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 863513 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 9506 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 72203 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 81709 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1246627 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1295445 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | RECAPTURE OF RESIDUAL R |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 55 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 55 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 22 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 77 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LAUNDRY & OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5832 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 5832 |
| IRS990/OtherRevenueTotalAmt | 0 | 7696 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 57935 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 58029 |
| IRS990/PrincipalOfficerNm | 0 | KAREN SMITH |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TENANT RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 296194 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 296194 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1663543 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1644 |
| IRS990/PYOtherExpensesAmt | 0 | 1508759 |
| IRS990/PYOtherRevenueAmt | 0 | 8074 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 263395 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 427897 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1508759 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1936656 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 366377 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 303890 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | LAUNDRY INCOME - 2015 AMOUNT: $ 5,881. 2016 AMOUNT: $ 6,478. 2017 AMOUNT: $ 5,974. 2018 AMOUNT: $ 5,527. 2019 AMOUNT: $ 5,832. OTHER INCOME - 2015 AMOUNT: $ 28,781. 2016 AMOUNT: $ 18. 2017 AMOUNT: $ 8,351. 2018 AMOUNT: $ 2,547. 2019 AMOUNT: $ 1,864. TENANT CHARGES - 2015 AMOUNT: $ 496. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1692226 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1663543 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1596040 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1208040 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1182948 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 7342797 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 2431 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1644 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 541 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 516 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 526 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 5658 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 296194 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 263395 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 358717 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 448474 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 430256 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1797036 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 2431 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 1644 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 541 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 516 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 526 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 5658 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00060 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00040 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 7696 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 8074 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14325 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6496 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35158 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 71749 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99160 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99050 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 9139833 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1988420 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1926938 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1954757 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1656514 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1613204 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 9139833 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1998547 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1936656 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1969623 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1663526 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1648888 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 9217240 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 540172 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2988991 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3529163 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 28416 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 28416 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 30359 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 34404 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 64763 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 28416 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1632170 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 1 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 256321 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 256321 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 576696 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 239272 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 815968 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 265082 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 941398 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 22202 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 44484 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 19827 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 5 | 2452 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | TAX AND INSURANCE ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESERVE FOR REPLACEMENT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | TENANT SECURITY DEPOSIT ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | SPECIAL DEVELOPMENT ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | RESIDUAL RECEIPTS RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | MORTGAGE INSURANCE PREMIUM ESCROW |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 94751 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 407060 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 501811 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 77 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RESIDUAL RECEIPTS PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 28416 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1998547 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS, WHICH ARE HELD IN A SEPARATE BANK ACCOUNT. THE DEPOSITS ARE REFUNDED TO THE TENANT UPON TERMINATION OF THE LEASE. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART IV, LINE 2B: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1498299 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1295445 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1632170 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 77 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1998547 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2026963 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1660586 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CORPORATION INCURRED A MANAGEMENT FEE OF $109,821, FOR THE YEAR ENDED DECEMBER 31, 2019 DUE TO CORCORAN MANAGEMENT COMPANY. THE MANAGEMENT FEE IS EQUAL TO 5.5% OF TOTAL GROSS COLLECTIONS. THE AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION, OR CORCORAN MANAGEMENT COMPANY. AS APPROVED BY HUD, ADDITIONAL MANAGEMENT FEES WERE INCURRED PER THE BETTER BUILDING CHALLENGE PROGRAM, EFFECTIVE JUNE 2014. THE ADDITIONAL FEES ARE EQUAL TO $4 PER UNIT PER MONTH. DURING THE YEAR ENDED DECEMBER 31, 2019, ADDITIONAL MANAGEMENT FEES OF $3,840 WERE INCURRED AND PAID. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT BEFORE IT IS SIGNED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE FORM 990 ARE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT CURRENTLY HAVE WRITTEN POLICIES RELATED TO CONFLICTS OF INTEREST, WHISTLEBLOWER PROTECTION OR DOCUMENT RETENTION AND DESTRUCTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 276,149. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 276,149. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.