Civic Intelligence

Dorchester Bay Economic Development Corporation

990 • Fiscal year 2020 • EIN 04-2681632

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

594 Columbia RoadDorchester, MA 02125

(617) 825-4200

Siviq Scores

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

Liabilities / Assets

81st percentile

0.71x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

4.82x

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

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

30th percentile

$242,446

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

89th percentile

39%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-26%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$60,116,092

Up $17,006,008 (+39%) from 2019

Net Assets

Up

$17,300,043

Up $4,717,299 (+37%) from 2019

Liabilities

Up

$42,816,049

Up $12,288,709 (+40%) from 2019

Revenue

Down

$8,874,530

Down $3,152,141 (-26%) from 2019

Expenses

Up

$7,249,188

Up $1,865,389 (+35%) from 2019

Net Income

Down

$1,625,342

Down $5,017,530 (-76%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $15,711,198Liabilities 2010: $11,451,618Net Assets 2010: $4,259,5802010Assets 2011: $19,747,031Liabilities 2011: $15,469,958Net Assets 2011: $4,277,0732011Assets 2012: $20,480,935Liabilities 2012: $19,719,711Net Assets 2012: $761,2242012Assets 2013: $20,557,727Liabilities 2013: $13,900,277Net Assets 2013: $6,657,4502013Assets 2014: $21,614,625Liabilities 2014: $15,466,797Net Assets 2014: $6,147,8282014Assets 2015: $21,300,901Liabilities 2015: $15,842,269Net Assets 2015: $5,458,6322015Assets 2016: $19,326,655Liabilities 2016: $14,185,737Net Assets 2016: $5,140,9182016Assets 2017: $20,792,430Liabilities 2017: $15,287,815Net Assets 2017: $5,504,6152017Assets 2018: $22,881,236Liabilities 2018: $16,941,934Net Assets 2018: $5,939,3022018Assets 2019: $43,110,084Liabilities 2019: $30,527,340Net Assets 2019: $12,582,7442019Assets 2020: $60,116,092Liabilities 2020: $42,816,049Net Assets 2020: $17,300,0432020Assets 2021: $50,118,730Liabilities 2021: $24,675,123Net Assets 2021: $25,443,6072021Assets 2022: $62,773,183Liabilities 2022: $39,590,660Net Assets 2022: $23,182,5232022Assets 2023: $53,945,758Liabilities 2023: $29,651,306Net Assets 2023: $24,294,4522023Assets 2024: $55,147,532Liabilities 2024: $29,530,640Net Assets 2024: $25,616,8922024

Highlighted filing

2020

Assets$60,116,092
Liabilities$42,816,049
Net Assets$17,300,043

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,370,3132010Expenses 2011: $2,808,0862011Expenses 2012: $2,977,3852012Revenue 2013: $7,711,487Expenses 2013: $3,271,095Net Income 2013: $4,440,3922013Revenue 2014: $3,849,304Expenses 2014: $4,005,423Net Income 2014: -$156,1192014Revenue 2015: $5,148,094Expenses 2015: $4,787,175Net Income 2015: $360,9192015Revenue 2016: $5,060,115Expenses 2016: $5,461,726Net Income 2016: -$401,6112016Revenue 2017: $4,962,969Expenses 2017: $4,709,461Net Income 2017: $253,5082017Revenue 2018: $5,073,309Expenses 2018: $4,704,257Net Income 2018: $369,0522018Revenue 2019: $12,026,671Expenses 2019: $5,383,799Net Income 2019: $6,642,8722019Revenue 2020: $8,874,530Expenses 2020: $7,249,188Net Income 2020: $1,625,3422020Revenue 2021: $16,286,134Expenses 2021: $6,609,360Net Income 2021: $9,676,7742021Revenue 2022: $10,163,285Expenses 2022: $8,063,463Net Income 2022: $2,099,8222022Revenue 2023: $12,593,252Expenses 2023: $8,160,945Net Income 2023: $4,432,3072023Revenue 2024: $7,247,140Expenses 2024: $7,674,271Net Income 2024: -$427,1312024

Highlighted filing

2020

Revenue$8,874,530
Expenses$7,249,188
Net Income$1,625,342
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$9,348,672
Mission and Program Overview

Mission

Dorchester bay economic development corporation acts to build a strong, thriving, and diverse community in boston's dorchester neighborhoods. Working closely with neighborhood residents and partners, we access resources to:-develop and preserve affordable home ownership and rental housing,-create and sustain commercial and economic development opportunities, and-build community power through organizing and leadership development.

Dorchester bay economic development corporation acts to build a strong, thriving, and diverse community in boston's dorchester neighborhoods. Working closely with neighborhoods, residents, businesses and partners, we access resources to:-develop and preserve home ownership and rental housing across income levels-create and sustain economic development opportunities for businesses and individuals-build community through organizing, civic engagements, and leadership development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$18,417,637$18,402,093▼ $15,544
Land, Buildings, and Equipment, Net$11,203,758$11,072,121▼ $131,637
Cash and Non-Interest-Bearing Accounts$3,061,153$4,528,270▲ $1,467,117
Savings and Temporary Cash Investments$71,519$616,398▲ $544,879
Prepaid Expenses and Deferred Charges$211,375$110,351▼ $101,024
Accounts Receivable$129,931$77,735▼ $52,196
Pledges and Grants Receivable$11,906$18,600▲ $6,694
Total Assets$43,110,084$60,116,092▲ $17,006,008
Other Assets Total$10,002,805$25,290,524▲ $15,287,719
Liabilities
Mortgage Notes Payable Secured by Investment Property$26,991,640$36,640,642▲ $9,649,002
Accounts Payable and Accrued Expenses$1,956,325$4,138,490▲ $2,182,165
Other Liabilities$1,561,049$1,556,354▼ $4,695
Unsecured Notes Loans Payable-$460,600-
Escrow Account Liability$18,326$19,963▲ $1,637
Total Liabilities$30,527,340$42,816,049▲ $12,288,709
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,344,064$16,598,134▲ $4,254,070
Net Assets With Donor Restrictions$238,680$701,909▲ $463,229
Total Net Assets Fund Balance$12,582,744$17,300,043▲ $4,717,299
Total Liabilities and Net Assets / Fund Balance$43,110,084$60,116,092▲ $17,006,008

Asset Categories

AssetBook ValueDepreciationBasis
Land$6,929,802-$6,929,802
Buildings$3,962,920$1,140,590$5,103,510
Equipment$73,252$249,955$323,207
Leasehold Improvements$106,147$177,593$283,740
Investment Program Related Org$17,017,524--
Other Assets Org$39,168--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Perry NewmanChief Executive OfficerPT$203,956$38,490$242,446
Charles McveaDirector of Finance & AdminPT$142,508$36,386$178,894
KERYN E O'DONNELLDirector of Real EstatePT$150,520$24,123$174,643
Vincent PinaDirector of Human ResourcesPT$135,208$35,813$171,021
Kimberly LyleDirector of Strategy & ImpactPT$129,943$28,555$158,498

Board Members and Trustees

NameTitle
Keith GreenawayPresident
Paul BlackVice President
An DuongBoard Member
Brian WelchBoard Member
Daryl WrightBoard Member
Derrick BellingerBoard Member
Eileen KennerBoard Member
Kristen HalbertBoard Member
Lorraine Payne WheelerBoard Member
Mary WalkerBoard Member
Phil HillmanBoard Member
Ricky OchiloBoard Member
Rosalyn JohnsonBoard Member
Maria AndradeClerk
Leighton RichardsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aafcpas INCAudit And Accounting50 WASHINGTON STREET, Westborough, MA 01581$231,478
Dream CollaborativeArchitectural Services501 BOYLSTON STREET, Boston, MA 02116$192,721
Quincy Geneva HousingAffordable Housing320 BLUE HILL AVENUE B, Dorchester, MA 02121$141,747
Insource ServicesIt Services148 LINDEN STREET, Wellesley, MA 02482$111,100
Kaplan ConstructionConstruction116 HARVARD STREET, Brookline, MA 02446$105,439
Revenue and Support

Revenue Composition

Contributions and Grants
$1,166,219
Program Service Revenue
$7,919,030
Investment Income
$1,114
Other Revenue
$-211,833
All Other Contributions
$999,319
Change in Net Assets
$1,625,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,602,774
Salaries, Compensation, and Employee Benefits$1,505,860
Total Fundraising Expense$375,678
Grants and Similar Amounts Paid$140,554
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,257,421$96,042-$2,353,463
Payments to Affiliates$924,796--$924,796
Other Salaries and Wages$561,881$21,664$277,097$860,642
Fees for Services Other$211,134$287,146$24,489$522,769
Current Officers, Directors, Trustees, and Key Employees$155,896$241,200$24,245$421,341
Office Expenses$85,147$150,578$4,502$240,227
Depreciation Depletion$203,098$26,785-$229,883
Interest$151,752$17,232-$168,984
Fees for Services Accounting$28,700$135,562-$164,262
Grants to Domestic Orgs$140,554--$140,554
Pension Plan Contributions$14,560$68,743$10,047$93,350
Fees for Services Management$92,313--$92,313
Payroll Taxes$37,201$25,091$22,689$84,981
Other Employee Benefits$676$33,516$11,354$45,546
Other Expenses$18,906$42,316$1,255$18,906
Fees for Services Legal$10,249$1,972-$12,221
Conferences and Meetings$200$4,867-$5,067
Travel$71$52-$123
All Other Expenses-$-552,066-$-552,066
Total Functional Expenses$6,272,810$600,700$375,678$7,249,188
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Codman Square Neighborhood Development CorporationDorchester, MA501(c)(3)Low Income Housing Assistance$118,554
Southwest Boston Community Development CorporationHyde Park, MA501(c)(3)Low Income Housing Assistance$16,000
Trust for Public LandBoston, MA501(c)(3)Low Income Housing Assistance$6,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$1,556,354
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Only 555 dudley is managed by a property management company. The property management company provides day to day management of 555 dudley and provides property maintenance as well. The total expenses of 555 dudley represent approximately 10% of the total expenses of dorchester bay economic development corporation.

Form 990, Part VI, Section B, Line 11B

The 990 is distributed to the governing body for review and questions.

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

Employees and board members are required on an annual basis to review the conflict of interest policy. After their review, the employees and board members are required to sign a form that not only asserts they have read and understand the policy, but that they agree to comply with the policy. Any potential conflicts are to be noted at that time.

Form 990, Part VI, Section B, Line 15

The human resource director uses market data from relevant personnel along with inputs from other compensation specialists.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest statements and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dorchester Bay Economic Development
EIN
04-2681632
Phone
6178254200
Address
594 COLUMBIA ROAD, DORCHESTER, MA 02125

Signing Officer

Name
Charles a Mcvea Iii
Title
Director of Finance and Admin
Phone
6178254200
Signed
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles a Mcvea Iii
Formed
1979
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
28
Volunteers
23

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
David Kelleher CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Pierce rental income 113,076. Forgiveness of debt 4,595,784. Net asset transfer -91,347. Syndication of dta llc 545,156. Consolidation of dudley terrace lp -2,070,712.

FORM 990, PART XII, LINE 2C:

The oversight process for the audit and selection of an independent accountant has not changed between years.

Financial Statement Notes

PART IV, LINE 2B:

Dbedc and affiliates maintain cash accounts as a fiscal agent on behalf of several neighborhood groups. They also hold security deposits for tenants at the pierce building, as well as funds as escrow agent for borrowers of its loan programs.

PART X, LINE 2:

Dbedc accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidating financial statements regarding a tax position taken or expected to be taken in a tax return. Dbedc has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidating financial statements at december 31, 2020.

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IRS990/ActivityOrMissionDesc0DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION ACTS TO BUILD A STRONG, THRIVING, AND DIVERSE COMMUNITY IN BOSTON'S DORCHESTER NEIGHBORHOODS. WORKING CLOSELY WITH NEIGHBORHOODS, RESIDENTS, BUSINESSES AND PARTNERS, WE ACCESS RESOURCES TO:-DEVELOP AND PRESERVE HOME OWNERSHIP AND RENTAL HOUSING ACROSS INCOME LEVELS-CREATE AND SUSTAIN ECONOMIC DEVELOPMENT OPPORTUNITIES FOR BUSINESSES AND INDIVIDUALS-BUILD COMMUNITY THROUGH ORGANIZING, CIVIC ENGAGEMENTS, AND LEADERSHIP DEVELOPMENT.
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IRS990/Desc0COMMUNITY SERVICES:OUR COMMUNITY SERVICES INCLUDE TENANT ORGANIZING WHICH BRINGS TOGETHER ACTIVE TENANTS TO PROMOTE LEADERSHIP AND TACKLE CRITICAL ISSUES. WITHIN OUR ORGANIZING EFFORTS, PROGRAMS ENGAGE YOUTH IN EDUCATION, RECREATION, ORGANIZING, LEADERSHIP, AND COMMUNITY SERVICES. "YOUTH FORCE ORGANIZING TRAINING AND LEADERSHIP DEVELOPMENT, IS RECOGNIZED AS ONE OF THE STRONGEST YOUTH ORGANIZING PROGRAMS IN THE STATE. OUR REENTRY PROGRAM IS THE FIRST CDC-BASED RE-ENTRY PROGRAM IN NEW ENGLAND FOR EX-OFFENDERS RETURNING TO THEIR COMMUNITY. USING OUR ORGANIZING EXPERTISE, WE HAVE PULLED TOGETHER THE A.G.'S OFFICE, POLICE, CORRECTIONS, AND OTHER NON-PROFIT SERVICE PARTNERS IN THIS IMPORTANT COLLABORATIVE. OUR COMPUTER TRAINING PROGRAMS HAVE HELPED TRAIN ADULTS AND YOUTHS IN COMPUTER SKILLS. BY PLACING RESIDENTS IN JOBS CREATED BY OUR EFFORTS, AND HELPING BUILD SKILLS FOR EMPLOYMENT, OUR EFFORTS INCREASE WEALTH AND OPPORTUNITIES.
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IRS990/Form990PartVIISectionAGrp/PersonNm0PERRY NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES MCVEA
IRS990/Form990PartVIISectionAGrp/PersonNm2VINCENT PINA
IRS990/Form990PartVIISectionAGrp/PersonNm3KERYN E O'DONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm4KIMBERLY LYLE
IRS990/Form990PartVIISectionAGrp/PersonNm5KEITH GREENAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm7LEIGHTON RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIA ANDRADE
IRS990/Form990PartVIISectionAGrp/PersonNm9PHIL HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10DARYL WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm11MARY WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm12EILEEN KENNER
IRS990/Form990PartVIISectionAGrp/PersonNm13ROSALYN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm14BRIAN WELCH
IRS990/Form990PartVIISectionAGrp/PersonNm15AN DUONG
IRS990/Form990PartVIISectionAGrp/PersonNm16RICKY OCHILO
IRS990/Form990PartVIISectionAGrp/PersonNm17DERRICK BELLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm18KRISTEN HALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm19LORRAINE PAYNE WHEELER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF FINANCE & ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF REAL ESTATE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF STRATEGY & IMPACT
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0166900
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0140554
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0140554
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09348672
IRS990/GrossRentsGrp/RealAmt0262309
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt017232
IRS990/InterestGrp/ProgramServicesAmt0151752
IRS990/InterestGrp/TotalAmt0168984
IRS990/InvestmentIncomeGrp/ExclusionAmt01114
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01114
IRS990/InvestmentInJointVentureInd00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt011072121
IRS990/LandBldgEquipCostOrOtherBssAmt012640259
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt0474142
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION ACTS TO BUILD A STRONG, THRIVING, AND DIVERSE COMMUNITY IN BOSTON'S DORCHESTER NEIGHBORHOODS. WORKING CLOSELY WITH NEIGHBORHOOD RESIDENTS AND PARTNERS, WE ACCESS RESOURCES TO:-DEVELOP AND PRESERVE AFFORDABLE HOME OWNERSHIP AND RENTAL HOUSING,-CREATE AND SUSTAIN COMMERCIAL AND ECONOMIC DEVELOPMENT OPPORTUNITIES, AND-BUILD COMMUNITY POWER THROUGH ORGANIZING AND LEADERSHIP DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt036640642
IRS990/NetAssetsOrFundBalancesBOYAmt012582744
IRS990/NetAssetsOrFundBalancesEOYAmt017300043
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-211833
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016598134
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IRS990/OccupancyGrp/ProgramServicesAmt02257421
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IRS990/OfficeExpensesGrp/FundraisingAmt04502
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0150578
IRS990/OfficeExpensesGrp/ProgramServicesAmt085147
IRS990/OfficeExpensesGrp/TotalAmt0240227
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IRS990/OperateHospitalInd00
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0676
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045546
IRS990/OtherExpensesGrp/Desc0PROJECTS UNDER DEVELOPM
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3TENANT SERVICES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042316
IRS990/OtherExpensesGrp/ProgramServicesAmt0924202
IRS990/OtherExpensesGrp/ProgramServicesAmt1428994
IRS990/OtherExpensesGrp/ProgramServicesAmt225059
IRS990/OtherExpensesGrp/ProgramServicesAmt318906
IRS990/OtherExpensesGrp/TotalAmt0924202
IRS990/OtherExpensesGrp/TotalAmt1428994
IRS990/OtherExpensesGrp/TotalAmt268630
IRS990/OtherExpensesGrp/TotalAmt318906
IRS990/OtherLiabilitiesGrp/BOYAmt01561049
IRS990/OtherLiabilitiesGrp/EOYAmt01556354
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0277097
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021664
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0561881
IRS990/OtherSalariesAndWagesGrp/TotalAmt0860642
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0924796
IRS990/PaymentsToAffiliatesGrp/TotalAmt0924796

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$55.1$29.5$25.6$7.25$7.67$0.43
2023Detailed filing. Detailed filing data is available for this year.$53.9$29.7$24.3$12.6$8.16$4.43
2022Detailed filing. Detailed filing data is available for this year.$62.8$39.6$23.2$10.2$8.06$2.10
2021Detailed filing. Detailed filing data is available for this year.$50.1$24.7$25.4$16.3$6.61$9.68
2020Detailed filing. Detailed filing data is available for this year.$60.1$42.8$17.3$8.87$7.25$1.63
2019Detailed filing. Detailed filing data is available for this year.$43.1$30.5$12.6$12.0$5.38$6.64
2018Detailed filing. Detailed filing data is available for this year.$22.9$16.9$5.94$5.07$4.70$0.37
2017Detailed filing. Detailed filing data is available for this year.$20.8$15.3$5.50$4.96$4.71$0.25
2016Detailed filing. Detailed filing data is available for this year.$19.3$14.2$5.14$5.06$5.46$0.40
2015Detailed filing. Detailed filing data is available for this year.$21.3$15.8$5.46$5.15$4.79$0.36
2014Detailed filing. Detailed filing data is available for this year.$21.6$15.5$6.15$3.85$4.01$0.16
2013Detailed filing. Detailed filing data is available for this year.$20.6$13.9$6.66$7.71$3.27$4.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$19.7$0.76$2.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$15.5$4.28$2.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$11.5$4.26$3.37