Civic Intelligence

Revere Business Developement Corporaton

EIN 04-2696924 • 501(c)4 • Revere, MA

Profile

RBDC was created to act as a conduit for state and federal funding on behalf of the City of Revere, Massachusetts to increase economic development and housing opportunities.

po box 149300 BroadwayRevere, MA 02151-0007
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2016

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$1

Flat from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Flat

$0

Flat from 2015

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2015

Expenses

Down

$0

Down $53,111 (-100%) from 2015

Net Income

Up

$0

Up $53,111 (+100%) from 2015

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $260,656Liabilities 2011: $75,791Net Assets 2011: $184,8652011Assets 2012: $253,466Liabilities 2012: $70,061Net Assets 2012: $183,4052012Assets 2013: $173,813Liabilities 2013: $0Net Assets 2013: $173,8132013Assets 2014: $53,111Liabilities 2014: $0Net Assets 2014: $53,1112014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $1Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$1
Liabilities$0
Net Assets$0
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $38,000Expenses 2011: $39,500Net Income 2011: -$1,5002011Revenue 2012: $38,139Expenses 2012: $39,599Net Income 2012: -$1,4602012Revenue 2013: $142,500Expenses 2013: $152,092Net Income 2013: -$9,5922013Revenue 2014: $18,212Expenses 2014: $34,004Net Income 2014: -$15,7922014Revenue 2015: $0Expenses 2015: $53,111Net Income 2015: -$53,1112015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2016

Revenue$0
Expenses$0
Net Income$0
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.53$0.53
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.18$0.34$0.16
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.74$0.00$1.74$1.43$1.52$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.70$1.83$0.38$0.40$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.76$1.85$0.38$0.40$0.02
Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Oct 15, 2014
Return Version
2013v3.0
Gross Receipts
$18,212
Mission and Program Overview

Mission

RBDC was created to act as a conduit for state and federal funding on behalf of the City of Revere, Massachusetts to increase economic development and housing opportunities.

Program Services

DescriptionGrantsExpenses
Business Districts Revitalization Programs: City Yard/Public Works Facility relocation from downtown district to attract new and different uses at site- interest expense in the amount listed was incurred during the year (1 business)$0$0
Economic Development Programs: storefront improvement program financial assistance 50% reimbursement program for signs and awnings (1clients)$0$0
Home Purchase Programs: Design and implementation of first time homebuyers program for affordable housing in conjunction with North Suburban Home Consortium (9 families)$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen ReardonBoard Member-$0--
Frank StringiBoard Member-$0--
Mark SignoreClerk-$0--
William AshTreasurerPT$0--
Michael WilsonVice President Board Member-$0--
Paul RuppPresident-$0--
Filing and Contact Details

Filer

EIN
04-2696924
Phone
7812868182

Signing Officer

Name
william ash
Title
executive director/treasurer
Phone
7812868182
Signed
2014-10-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“rental income”

Form 990-EZ, Part I, Line 16

“RBDC was created to act as a conduit for state and federal funding on behalf of the City of Revere, Massachusetts to increase economic development and housing opportunities storefront improvement, plaza repairs”

Form 990-EZ, Part I, Line 20

“expiration of lease land reverted back to City of Revere -DPW facility”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0william ash
IRS990EZ/BooksInCareOfDetail/PhoneNum07812868182
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10po box 149 300 broadway
IRS990EZ/BooksInCareOfDetail/USAddress/City0revere
IRS990EZ/BooksInCareOfDetail/USAddress/State0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode002151
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025530
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08111
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-15792
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0173813
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053111
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt018212
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0148283
IRS990EZ/LandAndBuildingsGrp/EOYAmt045000
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0173813
IRS990EZ/NetAssetsOrFundBalancesEOYAmt053111
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0173813
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt053111
IRS990EZ/OccupancyRentUtltsAndMaintAmt015377
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Stephen Reardon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Frank Stringi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mark Signore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3William Ash
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Michael Wilson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Paul Rupp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2clerk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-104910
IRS990EZ/OtherExpensesTotalAmt017002
IRS990EZ/OtherRevenueTotalAmt018212
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0RBDC was created to act as a conduit for state and federal funding on behalf of the City of Revere, Massachusetts to increase economic development and housing opportunities.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Business Districts Revitalization Programs: City Yard/Public Works Facility relocation from downtown district to attract new and different uses at site- interest expense in the amount listed was incurred during the year (1 business)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Economic Development Programs: storefront improvement program financial assistance 50% reimbursement program for signs and awnings (1clients)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Home Purchase Programs: Design and implementation of first time homebuyers program for affordable housing in conjunction with North Suburban Home Consortium (9 families)
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt01625
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt034004
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt018212
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0rental income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RBDC was created to act as a conduit for state and federal funding on behalf of the City of Revere, Massachusetts to increase economic development and housing opportunities storefront improvement, plaza repairs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2expiration of lease land reverted back to City of Revere -DPW facility
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0william ash
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0executive director/treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07812868182
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10REVERE BUSINESS DEVELOPEMENT CORPORATON
ReturnHeader/Filer/BusinessNameControlTxt0REVE
ReturnHeader/Filer/EIN0042696924
ReturnHeader/Filer/PhoneNum07812868182
ReturnHeader/Filer/USAddress/AddressLine10po box 149
ReturnHeader/Filer/USAddress/AddressLine20300 Broadway
ReturnHeader/Filer/USAddress/City0Revere
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode0021510007
ReturnHeader/ReturnTs02014-10-15T14:48:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-10-01
ReturnHeader/TaxPeriodEndDt02014-09-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits