Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
990 • Fiscal year 2020 • EIN 04-2737054
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
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
37th percentile
Higher top officer pay than 37% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Assets
Down$2,137,209
Down $125,613 (-5.6%) from 2019
Net Assets
Down$296,608
Down $124,801 (-30%) from 2019
Liabilities
Down$1,840,601
Down $812 (-0.0%) from 2019
Revenue
Up$309,116
Up $19,649 (+6.8%) from 2019
Expenses
Up$433,917
Up $89,353 (+26%) from 2019
Net Income
Down-$124,801
Down $69,704 (-127%) from 2019
Further housing opportunities in brookline, massachusetts, for low and moderate income households.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,761,046 | $1,698,407 | ▼ $62,639 |
| Savings and Temporary Cash Investments | $416,762 | $348,465 | ▼ $68,297 |
| Prepaid Expenses and Deferred Charges | $9,092 | $10,324 | ▲ $1,232 |
| Accounts Receivable | $22,457 | $7,154 | ▼ $15,303 |
| Total Assets | $2,262,822 | $2,137,209 | ▼ $125,613 |
| Other Assets Total | $53,465 | $72,859 | ▲ $19,394 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,825,422 | $1,806,198 | ▼ $19,224 |
| Accounts Payable and Accrued Expenses | $14,429 | $29,103 | ▲ $14,674 |
| Deferred Revenue | $1,562 | $5,300 | ▲ $3,738 |
| Total Liabilities | $1,841,413 | $1,840,601 | ▼ $812 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $421,409 | $296,608 | ▼ $124,801 |
| Total Net Assets Fund Balance | $421,409 | $296,608 | ▼ $124,801 |
| Total Liabilities and Net Assets / Fund Balance | $2,262,822 | $2,137,209 | ▼ $125,613 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $933,884 | $1,091,118 | $2,025,002 |
| Land | $761,500 | - | $761,500 |
| Equipment | $3,023 | $25,634 | $28,657 |
| Name | Title |
|---|---|
| Roger Lipson | President |
| Deborah Brown | Vice President |
| Chanda Jones | Director |
| Christine Gimbel Rogers | Director |
| Michael Weintraub | Director |
| Nondita Correa-mehrotra | Director |
| Rieko Hayashi | Director |
| Rita Mcnally | Director |
| Saul J Feldman | Director |
| Lee Cooke Childs | Clerk |
| Stephen Pratt-otto | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $433,917 |
| 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 | $150,195 | - | - | $150,195 |
| Depreciation Depletion | $59,061 | $3,578 | - | $62,639 |
| Fees for Services Other | $56,147 | $5,119 | - | $61,266 |
| Fees for Services Management | $15,580 | $5,995 | - | $21,575 |
| Other Expenses | $19,097 | $56,964 | - | $19,097 |
| Insurance | $14,094 | $2,082 | - | $16,176 |
| Office Expenses | $5,728 | $1,327 | - | $7,055 |
| Fees for Services Accounting | - | $7,000 | - | $7,000 |
| Fees for Services Legal | $1,780 | - | - | $1,780 |
| Total Functional Expenses | $351,852 | $82,065 | $0 | $433,917 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $433,917 |
| Total Expenses per Audited Statements | $433,917 |
| Total Expenses per Form 990 | $433,917 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization contracts with two management companies to perform the day to day management of its rental properties. The management companies are compensated for performing these functions which is approved by the board of directors.”
“In february 2020, the board of directors discovered that a contractor then serving as the administrator of bic, had made unauthorized withdrawals and other transactions with the sole purpose of benefiting herself personally. She was terminated and a criminal complaint has been filed in the us district court. The complaint seeks retribution, but is it is the opinion of the board of directors that a recovery of any amount is highly improbable. The theft of $56,964 is shown as embezzlement on line 24a on part ix of form 990. The board of directors has implemented robust policies and procedures so that theft will not occur in the future. These controls include but are not limited to the appointment of a financial control committee and implementing a system of checks and balances for every financial transaction.”
“The organization does not have any committees with authority to act on behalf of the governing body.”
“The form 990 is provided to all members of the board of directors to review before it is filed with the irs.”
“Form 990, part vi, section b, line 15a: the organization does not have any employees.”
“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”
“Contracted services: program service expenses 56,147. Management and general expenses 5,119. Fundraising expenses 0. Total expenses 61,266.”
“The board of directors meets with the independent accountant to receive and approve the financial statements. This process has not changed from the prior year.”
“The organization follows the u.s. Gaap standards for accounting for uncertainty in income taxes which require the organization to report any uncertain tax positions and to adjust its financial statements for the impact thereof. As of june 30, 2020 the organization determined that it had no material unrecognized tax benefits to report. The organization files information returns in the united states federal and massachusetts state jurisdictions.”
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 | 14429 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 29103 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 22457 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 7154 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | FURTHER HOUSING OPPORTUNITIES IN BROOKLINE, MASSACHUSETTS, FOR LOW AND MODERATE INCOME HOUSEHOLDS. |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HENRY WINKELMAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6174878604 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1017 BEACON STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BROOKLINE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02446 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| 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/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2765 |
| IRS990/CYOtherExpensesAmt | 0 | 433917 |
| IRS990/CYOtherRevenueAmt | 0 | 1170 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 305181 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -124801 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 433917 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 309116 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1562 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 5300 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3578 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 59061 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 62639 |
| IRS990/Desc | 0 | OPERATED BUILDINGS THAT ARE LEASED TO LOW AND MODERATE INCOME HOUSEHOLDS IN THE TOWN OF BROOKLINE, MASSACHUSETTS. |
| 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/ExpenseAmt | 0 | 351852 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 7000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7000 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1780 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1780 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 5995 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 15580 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 21575 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 5119 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 56147 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 61266 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| 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/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | 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/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROGER LIPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LEE COOKE CHILDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEPHEN PRATT-OTTO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEBORAH BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NONDITA CORREA-MEHROTRA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RITA MCNALLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SAUL J FELDMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MICHAEL WEINTRAUB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RIEKO HAYASHI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | CHRISTINE GIMBEL ROGERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CHANDA JONES |
| 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/ReportableCompFromOrgAmt | 10 | 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/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDENT |
| 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/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1980 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 309116 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2082 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 14094 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16176 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2765 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2765 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1116752 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1761046 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1698407 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2815159 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 1 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | FURTHER HOUSING OPPORTUNITIES IN BROOKLINE, MASSACHUSETTS, FOR LOW AND MODERATE INCOME HOUSEHOLDS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1825422 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1806198 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 421409 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 296608 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 421409 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 296608 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 150195 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 150195 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1327 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 5728 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7055 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 53465 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 72859 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | EMBEZZLEMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBTS |
| IRS990/OtherExpensesGrp/Desc | 2 | PRE-DEVELOPMENT EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 56964 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 30170 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 19097 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 56964 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30170 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 19097 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1170 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1170 |
| IRS990/OtherRevenueTotalAmt | 0 | 1170 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 9092 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 10324 |
| IRS990/PrincipalOfficerNm | 0 | ROGER LIPSON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 305181 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 305181 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2730 |
| IRS990/PYOtherExpensesAmt | 0 | 344564 |
| IRS990/PYOtherRevenueAmt | 0 | 9478 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 277259 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -55097 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 344564 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 289467 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -124801 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 306351 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 416762 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 348465 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 2765 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2730 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1737 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 617 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1131 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 8980 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 305181 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 277259 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 283604 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 268710 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 273280 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1408034 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 2765 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 2730 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1737 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 617 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1131 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 8980 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00630 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00490 |
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| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9478 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2443 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3626 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 16717 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98210 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98060 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1408034 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 305181 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 277259 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 283604 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 268710 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 273280 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1408034 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 309116 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 289467 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 287784 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 272953 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 274411 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1433731 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 933884 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1091118 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2025002 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3023 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 25634 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 28657 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 433917 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 761500 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 761500 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 309116 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION FOLLOWS THE U.S. GAAP STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH REQUIRE THE ORGANIZATION TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2020 THE ORGANIZATION DETERMINED THAT IT HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE ORGANIZATION FILES INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1698407 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 433917 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 309116 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 309116 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 433917 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION CONTRACTS WITH TWO MANAGEMENT COMPANIES TO PERFORM THE DAY TO DAY MANAGEMENT OF ITS RENTAL PROPERTIES. THE MANAGEMENT COMPANIES ARE COMPENSATED FOR PERFORMING THESE FUNCTIONS WHICH IS APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | IN FEBRUARY 2020, THE BOARD OF DIRECTORS DISCOVERED THAT A CONTRACTOR THEN SERVING AS THE ADMINISTRATOR OF BIC, HAD MADE UNAUTHORIZED WITHDRAWALS AND OTHER TRANSACTIONS WITH THE SOLE PURPOSE OF BENEFITING HERSELF PERSONALLY. SHE WAS TERMINATED AND A CRIMINAL COMPLAINT HAS BEEN FILED IN THE US DISTRICT COURT. THE COMPLAINT SEEKS RETRIBUTION, BUT IS IT IS THE OPINION OF THE BOARD OF DIRECTORS THAT A RECOVERY OF ANY AMOUNT IS HIGHLY IMPROBABLE. THE THEFT OF $56,964 IS SHOWN AS EMBEZZLEMENT ON LINE 24A ON PART IX OF FORM 990. THE BOARD OF DIRECTORS HAS IMPLEMENTED ROBUST POLICIES AND PROCEDURES SO THAT THEFT WILL NOT OCCUR IN THE FUTURE. THESE CONTROLS INCLUDE BUT ARE NOT LIMITED TO THE APPOINTMENT OF A FINANCIAL CONTROL COMMITTEE AND IMPLEMENTING A SYSTEM OF CHECKS AND BALANCES FOR EVERY FINANCIAL TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS TO REVIEW BEFORE IT IS FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FORM 990, PART VI, SECTION B, LINE 15A: THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 56,147. MANAGEMENT AND GENERAL EXPENSES 5,119. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,266. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE BOARD OF DIRECTORS MEETS WITH THE INDEPENDENT ACCOUNTANT TO RECEIVE AND APPROVE THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 2137209 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2262822 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2137209 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 82065 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 351852 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 433917 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1841413 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1840601 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1841413 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1840601 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 421409 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 296608 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 351852 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 305181 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 2765 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 306351 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 309116 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 11 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2262822 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2137209 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.