Civic Intelligence

Massachusetts Association of Community Development Corporation

990 • Fiscal year 2017 • EIN 04-2759909

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 2017

Organization ProfileMACDC.ORG

View Organization Page

15 Court Square No 600Boston, MA 02108

(617) 426-0303

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.11x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

44th percentile

1.3%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

77th percentile

$120,200

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.9%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-3.8%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$716,243

Up $6,396 (+0.9%) from 2016

Net Assets

Up

$581,252

Up $15,647 (+2.8%) from 2016

Liabilities

Down

$134,991

Down $9,251 (-6.4%) from 2016

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin44th percentile

Revenue

Down

$1,225,253

Down $48,850 (-3.8%) from 2016

Expenses

Up

$1,209,606

Up $57,980 (+5.0%) from 2016

Net Income

Down

$15,647

Down $106,830 (-87%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $800,438Liabilities 2011: $91,208Net Assets 2011: $709,2302011Assets 2012: $685,523Liabilities 2012: $94,859Net Assets 2012: $590,6642012Assets 2013: $604,319Liabilities 2013: $96,988Net Assets 2013: $507,3312013Assets 2014: $640,177Liabilities 2014: $134,529Net Assets 2014: $505,6482014Assets 2015: $573,594Liabilities 2015: $130,466Net Assets 2015: $443,1282015Assets 2016: $709,847Liabilities 2016: $144,242Net Assets 2016: $565,6052016Assets 2017: $716,243Liabilities 2017: $134,991Net Assets 2017: $581,2522017Assets 2018: $641,739Liabilities 2018: $111,175Net Assets 2018: $530,5642018Assets 2019: $729,895Liabilities 2019: $105,966Net Assets 2019: $623,9292019Assets 2020: $805,831Liabilities 2020: $238,455Net Assets 2020: $567,3762020Assets 2021: $850,361Liabilities 2021: $156,822Net Assets 2021: $693,5392021Assets 2022: $912,733Liabilities 2022: $154,048Net Assets 2022: $758,6852022Assets 2023: $1,682,212Liabilities 2023: $842,280Net Assets 2023: $839,9322023Assets 2024: $1,483,352Liabilities 2024: $648,666Net Assets 2024: $834,6862024

Highlighted filing

2017

Assets$716,243
Liabilities$134,991
Net Assets$581,252
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $935,6552011Expenses 2012: $886,0402012Revenue 2013: $837,093Expenses 2013: $920,426Net Income 2013: -$83,3332013Revenue 2014: $993,397Expenses 2014: $995,080Net Income 2014: -$1,6832014Revenue 2015: $990,380Expenses 2015: $1,052,900Net Income 2015: -$62,5202015Revenue 2016: $1,274,103Expenses 2016: $1,151,626Net Income 2016: $122,4772016Revenue 2017: $1,225,253Expenses 2017: $1,209,606Net Income 2017: $15,6472017Revenue 2018: $1,314,383Expenses 2018: $1,365,071Net Income 2018: -$50,6882018Revenue 2019: $1,569,451Expenses 2019: $1,476,086Net Income 2019: $93,3652019Revenue 2020: $1,541,390Expenses 2020: $1,597,943Net Income 2020: -$56,5532020Revenue 2021: $1,787,575Expenses 2021: $1,661,412Net Income 2021: $126,1632021Revenue 2022: $1,911,835Expenses 2022: $1,846,689Net Income 2022: $65,1462022Revenue 2023: $2,156,365Expenses 2023: $2,077,710Net Income 2023: $78,6552023Revenue 2024: $1,882,740Expenses 2024: $1,891,339Net Income 2024: -$8,5992024

Highlighted filing

2017

Revenue$1,225,253
Expenses$1,209,606
Net Income$15,647
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,225,253
Mission and Program Overview

Mission

Macdc is a membership organization that seeks to build and sustain a high performing and adaptive community development sector that is supported by private and public investment and sound public policies. We advance racial and economic equity by creating healthy communities where everyone lives in housing they can afford, benefits from economic opportunities and can fully participate in the civic life of their community.

Supporting community based efforts to build vibrant places that provide economic opportunity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$445,934$438,064▼ $7,870
Accounts Receivable$134,559$101,640▼ $32,919
Cash and Non-Interest-Bearing Accounts$66,671$98,949▲ $32,278
Prepaid Expenses and Deferred Charges$32,813$32,671▼ $142
Land, Buildings, and Equipment, Net$29,870$31,181▲ $1,311
Total Assets$709,847$716,243▲ $6,396
Other Assets Total$0$13,738▲ $13,738
Liabilities
Accounts Payable and Accrued Expenses$40,365$67,619▲ $27,254
Deferred Revenue$103,877$67,372▼ $36,505
Total Liabilities$144,242$134,991▼ $9,251
Net Assets / Fund Balance
Unrestricted Net Assets$339,366$347,007▲ $7,641
Temporarily Rstr Net Assets$226,239$234,245▲ $8,006
Total Net Assets Fund Balance$565,605$581,252▲ $15,647
Total Liabilities and Net Assets / Fund Balance$709,847$716,243▲ $6,396

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,181$12,376$43,557
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph KriesbergPresident & CEOFT$119,000$1,200$120,200

Board Members and Trustees

NameTitle
Robert CorleyChair
Vanessa Calderon-rosadoVice-chair
Angie LiouDirector
Ann HoustonDirector
Colleen LovelessDirector
Corinn WilliamsDirector
Danny LeblancDirector
Frank CarvalhoDirector
Frank SheaDirector
Gail LatimoreDirector
Jennifer Van CampenDirector
Jess AndorsDirector
Marc DohanDirector
Marcia ThornhillDirector
Philip GiffeeDirector
Richard ThalDirector
Steve TeasdaleDirector
David ChristopolisClerk
Mickey NorthcuttTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,103,020
Program Service Revenue
$88,623
Investment Income
$2,230
Other Revenue
$31,380
All Other Contributions
$836,414
Change in Net Assets
$15,647

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,225,253
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,225,253
Total Revenue per Form 990
$1,225,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$761,580
Other Expenses$448,026
Total Fundraising Expense$39,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$431,558$54,909$15,489$501,956
Fees for Services Other$148,795$5,713$1,585$156,093
Current Officers, Directors, Trustees, and Key Employees$94,641$22,431$9,128$126,200
Occupancy$83,085$13,782$3,824$100,691
Other Employee Benefits$62,429$8,528$2,911$73,868
Conferences and Meetings$62,739$5,412$631$68,782
Payroll Taxes$42,968$5,741$2,007$50,716
Fees for Services Accounting$34,298$5,689$1,579$41,566
Office Expenses$24,791$4,547$913$30,251
Travel$16,865$3,238$940$21,043
Pension Plan Contributions$7,455$1,106$279$8,840
Depreciation Depletion$6,176$1,024$284$7,484
Other Expenses$5,500$3,023$220$5,500
Total Functional Expenses$1,034,673$135,143$39,790$1,209,606

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,209,606
Total Expenses per Audited Statements$1,209,606
Total Expenses per Form 990$1,209,606
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Macdc has two classes of membership: cdc members and associate members. Each cdc member appoints a single individual to participate in those voting decisions left to the full membership. The full membership elects the governing body and retains the authority to approve any changes in the by laws.”

Form 990, Part VI, Section A, Line 7A

“Macdc has tow classes of members: associate members and full members. The full members elect the governing body and retains the authority to approve any changes in the by laws.”

Form 990, Part VI, Section A, Line 7B

“Macdc has two classes of membership: cdc members and associate members. Each cdc member appoints a single individual to participate in those voting decisions left to the full membership. The full membership elects the governing body and retains the authority to approve any changes in the by laws.”

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

“The form 990 is disseminated to the board prior to its filing.”

Form 990, Part VI, Section B, Line 15A

“The president of the organization had a performance and salary review completed by the board of directors. The board utilized salary surveys and compared the proposed salary to other non profit agencies of similar size.”

Form 990, Part VI, Section C, Line 19

“The organization's governiing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Massachusetts Association of
EIN
04-2759909
Phone
6174260303
Address
15 COURT SQUARE NO 600, BOSTON, MA 02108

Signing Officer

Name
Joseph Kriesberg
Title
President
Phone
6174260303
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Kriesberg
Formed
1982
Legal Domicile
Ma
Voting Board Members
20
Independent Board Members
19
Employees
10
Volunteers
0

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultants: program service expenses 148,795. Management and general expenses 5,713. Fundraising expenses 1,585. Total expenses 156,093.”

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

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IRS990/Desc0THE MEL KING INSTITUTE FOR COMMUNITY BUILDING (THE INSTITUTE) IS A PROGRAM THAT MACDC CO-SPONSORS WITH THE LOCAL INITIATIVES SUPPORT CORPORATION AND OTHER PARTNERS. THE INSTITUTE FOSTERS VIBRANT AND THRIVING MASSACHUSETTS COMMUNITIES BY ADVANCING THE SKILLS, KNOWLEDGE AND LEADERSHIP ABILITY OF PROFESSIONAL PRACTITIONERS AND VOLUNTEER LEADERS IN THE COMMUNITY DEVELOPMENT FIELD. THIS IS DONE BY LEVERAGING COLLABORATIVE EDUCATIONAL PARTNERSHIPS THAT INCREASE ACCESS, ENCOURAGE INNOVATION, AND PROMOTE AND INSTITUTIONALIZE SYSTEMIC SUCCESS. THE INSTITUTE ENABLES COMMUNITY DEVELOPMENT CORPORATIONS (CDCS) AND THEIR PARTNERS TO BUILD MORE HOMES, CREATE MORE JOBS, GROW MORE BUSINESSES, NURTURE MORE COMMUNITY LEADERS, AND PURSUE MORE COMPREHENSIVE COMMUNITY BUILDING STRATEGIES THAT ALSO ADDRESS ISSUES SUCH AS TRANSPORTATION, PUBLIC SAFETY, GREEN SPACE DEVELOPMENT, WORKFORCE DEVELOPMENT AND YOUTH DEVELOPMENT. THE INSTITUTE HAS BEEN DESIGNED TO BRING COMMUNITY DEVELOPMENT PROFESSIONALS AND VOLUNTEERS THE SKILLS THEY NEED TO BE EFFECTIVE IN THEIR POSITIONS IN THE COMMUNITY. THEINSTITUTE FOCUSES BOTH ON INDIVIDUAL SKILL AND ORGANIZATIONAL CAPACITY BUILDING IN ORDER TO STRENGTHEN THE FIELD OF COMMUNITY DEVELOPMENT. THIS PROGRAM AREA ALSO INCLUDES OUR WORK WITH THE ALLIANCE: ADVANCING COMMUNITY DEVELOPMENT BY CONFRONTING RACISM.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01982
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0108000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01225253
IRS990/GrossRentsGrp/RealAmt06990
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt02230
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02230
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012376
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029870
IRS990/LandBldgEquipBasisNetGrp/EOYAmt031181
IRS990/LandBldgEquipCostOrOtherBssAmt043557
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0158606
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt04205
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04205
IRS990/MissionDesc0AN ASSOCIATION OF MISSION-DRIVEN COMMUNITY DEVELOPMENT ORGANIZATIONS DEDICATED TO WORKING TOGETHER AND WITH OTHERS TO CREATE PLACES OF OPPORTUNITY WHERE PEOPLE OF DIVERSE INCOMES AND BACKGROUNDS ACCESS HOUSING THAT IS AFFORDABLE, BENEFIT FROM ECONOMIC OPPORTUNITIES AND FULLY PARTICIPATE IN THE CIVIC LIFE OF THEIR COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0565605
IRS990/NetAssetsOrFundBalancesEOYAmt0581252
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt06990
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt06990
IRS990/NetUnrelatedBusTxblIncmAmt0-1355
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03824
IRS990/OccupancyGrp/ManagementAndGeneralAmt013782
IRS990/OccupancyGrp/ProgramServicesAmt083085
IRS990/OccupancyGrp/TotalAmt0100691
IRS990/OfficeExpensesGrp/FundraisingAmt0913
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04547
IRS990/OfficeExpensesGrp/ProgramServicesAmt024791
IRS990/OfficeExpensesGrp/TotalAmt030251
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt013738
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02911
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08528
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062429
IRS990/OtherEmployeeBenefitsGrp/TotalAmt073868
IRS990/OtherExpensesGrp/Desc0EVALUATION COSTS
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc2SPECIAL PROGRAM EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0220
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03023
IRS990/OtherExpensesGrp/ProgramServicesAmt08588
IRS990/OtherExpensesGrp/ProgramServicesAmt14785
IRS990/OtherExpensesGrp/ProgramServicesAmt25500
IRS990/OtherExpensesGrp/TotalAmt08588
IRS990/OtherExpensesGrp/TotalAmt18028
IRS990/OtherExpensesGrp/TotalAmt25500
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE LICENSING FE
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020185
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt020185
IRS990/OtherRevenueTotalAmt024390
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015489
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054909
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0431558
IRS990/OtherSalariesAndWagesGrp/TotalAmt0501956
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02007
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05741
IRS990/PayrollTaxesGrp/ProgramServicesAmt042968
IRS990/PayrollTaxesGrp/TotalAmt050716
IRS990/PensionPlanContributionsGrp/FundraisingAmt0279
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01106
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07455
IRS990/PensionPlanContributionsGrp/TotalAmt08840
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032813
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032671
IRS990/PrincipalOfficerNm0JOSEPH KRIESBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0MEL KING INSTITUTE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088623
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088623
IRS990/ProgSrvcAccomActy2Grp/Desc0THE COMMUNITY DEVELOPMENT POLICY PROGRAM AIMS TO HELP CDCS WITH THEIR HOUSING, ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT ACTIVITIES BYCREATING A SUPPORTIVE POLICY ENVIRONMENT. THIS INCLUDES WORKING WITH LOCAL, STATE AND FEDERAL AGENCIES TO DESIGN AND FUND VARIOUS PROGRAMS AND IT ALSO INCLUDES WORKING WITH PRIVATE INTERMEDIARIES, BANKS, FOUNDATIONS, AND CORPORATIONS TO DEVELOP PROGRAMS AND FORGE PARTNERSHIPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0348575
IRS990/ProgSrvcAccomActy3Grp/Desc0THE MEMBER INITIATIVES PROGRAM SEEKS TO STRENGTHEN THE CAPACITY OF OURMEMBER ORGANIZATIONS TO MEET THE VARIOUS NEEDS OF THEIR COMMUNITIES IN SUCH AREAS AS AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, SMALL BUSINESS DEVELOPMENT, ASSET DEVELOPMENT, YOUTH DEVELOPMENT AND JOB TRAINING. AS PART OF THIS PROGRAM, MACDC SPONSORS PEER GROUPS TO SERVE AS LEARNING AND NETWORKING OPPORTUNITIES FOR PRACTITIONERS; COLLABORATES WITH OTHER AGENCIES TO OFFER TRAININGS AND CONFERENCES; PROVIDES TECHNICAL ASSISTANCE TO LOCAL ORGANIZATIONS; COLLECTS AND SHARES INFORMATION ABOUT BEST PRACTICES IN THE FIELD; AND PROVIDES GROUP SPONSORED INSURANCE, OPERATES THE GREEN CDC INITIATIVE AND A PARTNERSHIP WITH THE MASSACHUSETTS MINORITY CONTRACTORS ASSOCIATION TO PROMOTE THE HIRING OF WOMEN AND MINORITY OWNED BUSINESSES ON CDC CONSTRUCTION PROJECTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0326004
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt04205
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01138657
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0154
IRS990/PYOtherExpensesAmt0431605
IRS990/PYOtherRevenueAmt046029
IRS990/PYProgramServiceRevenueAmt089263
IRS990/PYRevenuesLessExpensesAmt0122477
IRS990/PYSalariesCompEmpBnftPaidAmt0720021
IRS990/PYTotalExpensesAmt01151626
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01274103
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt015647
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt06990
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt088623
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0445934
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0438064
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01103020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01138657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0718747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0857983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0739062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04557469
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09220
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012245
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012298
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt060249
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0425825
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04205
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt023789
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt094787
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05030
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01648
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0129459
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83060

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$716,243
Liabilities
$134,991
Net assets
$581,252
Revenue
$1,225,253
Expenses
$1,209,606
Net income
$15,647
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.65$0.83$1.88$1.89$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.84$0.84$2.16$2.08$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.15$0.76$1.91$1.85$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.16$0.69$1.79$1.66$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.24$0.57$1.54$1.60$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.11$0.62$1.57$1.48$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.11$0.53$1.31$1.37$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.13$0.58$1.23$1.21$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.14$0.57$1.27$1.15$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.13$0.44$0.99$1.05$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.13$0.51$0.99$1.00$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.10$0.51$0.84$0.92$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.09$0.59$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.09$0.71$0.94