Civic Intelligence

Coalition for a Better Acre Inc.

990 • Fiscal year 2016 • EIN 04-2760272

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

517 Moody StreetLowell, MA 01854

(978) 452-7523

Siviq Scores

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

Liabilities / Assets

35th percentile

0.11x

Higher debt load relative to assets than 35% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.51x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

52nd percentile

2.2%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

88%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$20,671,677

Up $439,409 (+2.2%) from 2015

Net Assets

Up

$18,489,560

Up $2,885,317 (+18%) from 2015

Liabilities

Down

$2,182,117

Down $2,445,908 (-53%) from 2015

Revenue

Up

$4,313,348

Up $2,023,327 (+88%) from 2015

Expenses

Up

$1,428,031

Up $205,208 (+17%) from 2015

Net Income

Up

$2,885,317

Up $1,818,119 (+170%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $15,089,363Liabilities 2010: $3,702,516Net Assets 2010: $11,386,8472010Assets 2011: $16,841,118Liabilities 2011: $3,884,969Net Assets 2011: $12,956,1492011Assets 2012: $17,975,539Liabilities 2012: $4,419,774Net Assets 2012: $13,555,7652012Assets 2013: $18,959,426Liabilities 2013: $4,911,100Net Assets 2013: $14,048,3262013Assets 2014: $18,779,731Liabilities 2014: $4,242,686Net Assets 2014: $14,537,0452014Assets 2015: $20,232,268Liabilities 2015: $4,628,025Net Assets 2015: $15,604,2432015Assets 2016: $20,671,677Liabilities 2016: $2,182,117Net Assets 2016: $18,489,5602016Assets 2017: $22,191,253Liabilities 2017: $2,805,156Net Assets 2017: $19,386,0972017Assets 2018: $26,513,683Liabilities 2018: $7,542,019Net Assets 2018: $18,971,6642018Assets 2019: $26,942,883Liabilities 2019: $7,581,682Net Assets 2019: $19,361,2012019Assets 2020: $29,747,624Liabilities 2020: $8,211,410Net Assets 2020: $21,536,2142020Assets 2021: $30,726,937Liabilities 2021: $8,209,625Net Assets 2021: $22,517,3122021Assets 2022: $36,090,256Liabilities 2022: $12,181,321Net Assets 2022: $23,908,9352022Assets 2023: $37,585,900Liabilities 2023: $12,772,442Net Assets 2023: $24,813,4582023Assets 2024: $40,571,048Liabilities 2024: $14,379,377Net Assets 2024: $26,191,6712024

Highlighted filing

2016

Assets$20,671,677
Liabilities$2,182,117
Net Assets$18,489,560

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,148,7932010Expenses 2011: $1,152,9222011Expenses 2012: $1,054,5712012Revenue 2013: $1,554,029Expenses 2013: $1,061,468Net Income 2013: $492,5612013Revenue 2014: $1,647,897Expenses 2014: $1,159,178Net Income 2014: $488,7192014Revenue 2015: $2,290,021Expenses 2015: $1,222,823Net Income 2015: $1,067,1982015Revenue 2016: $4,313,348Expenses 2016: $1,428,031Net Income 2016: $2,885,3172016Revenue 2017: $2,393,974Expenses 2017: $1,497,437Net Income 2017: $896,5372017Revenue 2018: $3,635,816Expenses 2018: $2,842,976Net Income 2018: $792,8402018Revenue 2019: $2,839,026Expenses 2019: $2,449,489Net Income 2019: $389,5372019Revenue 2020: $4,340,042Expenses 2020: $2,384,729Net Income 2020: $1,955,3132020Revenue 2021: $3,677,279Expenses 2021: $2,696,181Net Income 2021: $981,0982021Revenue 2022: $4,512,668Expenses 2022: $3,121,045Net Income 2022: $1,391,6232022Revenue 2023: $4,483,773Expenses 2023: $3,579,250Net Income 2023: $904,5232023Revenue 2024: $5,771,082Expenses 2024: $4,392,869Net Income 2024: $1,378,2132024

Highlighted filing

2016

Revenue$4,313,348
Expenses$1,428,031
Net Income$2,885,317
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$4,313,348
Mission and Program Overview

Mission

Community development programs provide support and training for the development of affordable housing in the community and for educating residents of problem housing

Community development programs provide support, training and affordable housing for residents

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$12,922,345$14,787,180▲ $1,864,835
Investments Program Related$1,904,286$1,921,271▲ $16,985
Land, Buildings, and Equipment, Net$1,725,415$1,725,415→ $0
Savings and Temporary Cash Investments$669,160$705,105▲ $35,945
Cash and Non-Interest-Bearing Accounts$472,172$394,444▼ $77,728
Accounts Receivable$184,155$164,859▼ $19,296
Prepaid Expenses and Deferred Charges$2,944$2,226▼ $718
Total Assets$20,232,268$20,671,677▲ $439,409
Other Assets Total$2,351,791$971,177▼ $1,380,614
Liabilities
Unsecured Notes Loans Payable$680,000$841,094▲ $161,094
Deferred Revenue-$763,281-
Accounts Payable and Accrued Expenses$288,437$577,054▲ $288,617
Other Liabilities$3,659,588$688▼ $3,658,900
Total Liabilities$4,628,025$2,182,117▼ $2,445,908
Net Assets / Fund Balance
Unrestricted Net Assets$14,360,643$17,457,560▲ $3,096,917
Permanently Rstr Net Assets$1,210,600$1,000,000▼ $210,600
Temporarily Rstr Net Assets$33,000$32,000▼ $1,000
Total Net Assets Fund Balance$15,604,243$18,489,560▲ $2,885,317
Total Liabilities and Net Assets / Fund Balance$20,232,268$20,671,677▲ $439,409

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,520,436--
Land$1,725,415--
Equipment$0$120,669-
Compensation and Service Providers

Board Members and Trustees

NameTitle
David OuellettePresident
Cheryl StaffordVice President
Carlos GonzalezDirector
Dahvy TranDirector
Diego LeonardoDirector
Geraldo VidalDirector
Maria ClaudioDirector
Paul GaudetDirector
Phuong PhanDirector
Dahvy TranClerk
Charles V SullivanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,940,472
Program Service Revenue
$330,034
Investment Income
$667,962
Other Revenue
$374,880
All Other Contributions
$2,940,472
Change in Net Assets
$2,885,317

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,313,348
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,313,348
Total Revenue per Form 990
$4,313,348
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,038,228
Other Expenses$389,803
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$713,044$88,174-$801,218
Payroll Taxes$137,679$99,331-$237,010
Occupancy$12,800$52,941-$65,741
Fees for Services Legal-$44,588-$44,588
Office Expenses$2,907$40,290-$43,197
All Other Expenses$20,057$16,407-$36,464
Other Expenses$0$32,951-$32,951
Interest-$22,424-$22,424
Travel$2,581$6,969-$9,550
Insurance-$2,870-$2,870
Total Functional Expenses$953,854$474,177$0$1,428,031

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,428,031
Total Expenses per Audited Statements$1,428,031
Total Expenses per Form 990$1,428,031
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$688
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 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
No

Governance Explanations

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

Management thoroughly reviews the form 990 before providing a copy to the governing body and filing.

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

The company reviews the policy annually at a board meeting where board members sign an affidavit stating that they will adhere to the policy.

Form 990, Part VI, Section B, Line 15

A review of compensation for executive directors of comparably sized community development corporations was performed by the board in conjuction with the hiring of the executive director. The executive director periodically reviews such data for key management staff to ensure salaries are in line with comparable organizations by size, geography and mission focus.

Form 990, Part VI, Section C, Line 19

These documents are available to the public on request.

Filing and Contact Details

Filer

Filer Name
Coalition for a Better Acre Inc
EIN
04-2760272
Phone
9784527523
Address
517 MOODY STREET, LOWELL, MA 01854

Signing Officer

Name
Yun-ju Choi
Title
Treasurer
Phone
9784527523
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Sullivan
Formed
1982
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
13
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
101 ARCH STREET SUITE 1000, BOSTON, MA 02110
Preparer
Charles a Rhuda Iii
Phone
6173301920
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The company assumes the responsibility for the oversight of the audit of its financial statements and the selection of the independent accountant.

Financial Statement Notes

PART X, LINE 2:

No provision has been made for income taxes since the corporation was formed as a tax exempt organization and has been granted section 501(c) (3) status by the internal revenue service the preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires the company to report information regarding its exposure to various tax positions taken by the company. The company has determined whether any tax positions have met the recognition threshold and have measured the company's exposure to those tax positions. Management believes that the company has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the company are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011689
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt121685
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt233858
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt332951
IRS990/OtherExpensesGrp/ProgramServicesAmt042082
IRS990/OtherExpensesGrp/ProgramServicesAmt122704
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt053771
IRS990/OtherExpensesGrp/TotalAmt144389
IRS990/OtherExpensesGrp/TotalAmt233858
IRS990/OtherExpensesGrp/TotalAmt332951
IRS990/OtherLiabilitiesGrp/BOYAmt03659588
IRS990/OtherLiabilitiesGrp/EOYAmt0688
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0SALE OF STATE TAX CRED
IRS990/OtherRevenueMiscGrp/Desc1ASSET MANAGEMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0254427
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt128000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0254427
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt128000
IRS990/OtherRevenueTotalAmt0374880
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt088174
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0713044
IRS990/OtherSalariesAndWagesGrp/TotalAmt0801218
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt012922345
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt014787180
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt099331
IRS990/PayrollTaxesGrp/ProgramServicesAmt0137679
IRS990/PayrollTaxesGrp/TotalAmt0237010
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01210600
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01000000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02944
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02226
IRS990/PrincipalOfficerNm0CHARLES SULLIVAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0GROUND LEASES
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt199680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt199680
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0557259
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0567708
IRS990/PYOtherExpensesAmt0288552
IRS990/PYOtherRevenueAmt028000
IRS990/PYProgramServiceRevenueAmt01137054
IRS990/PYRevenuesLessExpensesAmt01067198
IRS990/PYSalariesCompEmpBnftPaidAmt0934271
IRS990/PYTotalExpensesAmt01222823
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02290021
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02885317
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0752466
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0669160
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0705105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0780631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0557259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0476298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0690532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0442093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02946813
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0922389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0567708
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0491971
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0597152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0565560
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03144780
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01497312
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt028000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt028000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0455726
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt045427
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt051441
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0608594
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43980
IRS990ScheduleA/PublicSupportPY170Pct00.44360
IRS990ScheduleA/PublicSupportTotal170Amt02946813
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0780631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0557259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0476298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0690532
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0442093
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02946813
IRS990ScheduleA/TotalSupportAmt06700187
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120669
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0120669
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01428031
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0400835
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11520436
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN UNWRAPPED INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN ENTITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LandGrp/BookValueAmt01725415
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01725415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0688
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04313348
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE CORPORATION WAS FORMED AS A TAX EXEMPT ORGANIZATION AND HAS BEEN GRANTED SECTION 501(C) (3) STATUS BY THE INTERNAL REVENUE SERVICE THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE COMPANY TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE COMPANY. THE COMPANY HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE COMPANY'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE COMPANY HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE COMPANY ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01725415
IRS990ScheduleD/TotalBookValueProgramRltdAmt01921271
IRS990ScheduleD/TotalExpensesPerForm990Amt01428031
IRS990ScheduleD/TotalLiabilityAmt0688
IRS990ScheduleD/TotalRevenuePerForm990Amt04313348
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04313348
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01428031
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT THOROUGHLY REVIEWS THE FORM 990 BEFORE PROVIDING A COPY TO THE GOVERNING BODY AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPANY REVIEWS THE POLICY ANNUALLY AT A BOARD MEETING WHERE BOARD MEMBERS SIGN AN AFFIDAVIT STATING THAT THEY WILL ADHERE TO THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REVIEW OF COMPENSATION FOR EXECUTIVE DIRECTORS OF COMPARABLY SIZED COMMUNITY DEVELOPMENT CORPORATIONS WAS PERFORMED BY THE BOARD IN CONJUCTION WITH THE HIRING OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR PERIODICALLY REVIEWS SUCH DATA FOR KEY MANAGEMENT STAFF TO ENSURE SALARIES ARE IN LINE WITH COMPARABLE ORGANIZATIONS BY SIZE, GEOGRAPHY AND MISSION FOCUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPANY ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0COALITION FOR A BETTER ACRE INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CBA AFFORDABLE HOUSING LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt04587811
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RELATED ORGANIZATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-1263699
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0517 MOODY STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0LOWELL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd001854
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.6$14.4$26.2$5.77$4.39$1.38
2023Detailed filing. Detailed filing data is available for this year.$37.6$12.8$24.8$4.48$3.58$0.90
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.1$12.2$23.9$4.51$3.12$1.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.7$8.21$22.5$3.68$2.70$0.98
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$29.7$8.21$21.5$4.34$2.38$1.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.9$7.58$19.4$2.84$2.45$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$7.54$19.0$3.64$2.84$0.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$2.81$19.4$2.39$1.50$0.90
2016Detailed filing. Detailed filing data is available for this year.$20.7$2.18$18.5$4.31$1.43$2.89
2015Detailed filing. Detailed filing data is available for this year.$20.2$4.63$15.6$2.29$1.22$1.07
2014Detailed filing. Detailed filing data is available for this year.$18.8$4.24$14.5$1.65$1.16$0.49
2013Detailed filing. Detailed filing data is available for this year.$19.0$4.91$14.0$1.55$1.06$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$4.42$13.6$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$3.88$13.0$1.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$3.70$11.4$1.15