Civic Intelligence

Oak Hill Inc.

990 • Fiscal year 2017 • EIN 04-2954430

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

35 Central StreetIpswich, MA 01938

(617) 566-1026

Siviq Scores

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

Liabilities / Assets

99th percentile

2.25x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

4.20x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

29th percentile

-2.3%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

55th percentile

6.4%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Down

$1,117,867

Down $26,282 (-2.3%) from 2016

Net Assets

Down

-$1,397,921

Down $2,755 (-0.2%) from 2016

Liabilities

Down

$2,515,788

Down $23,527 (-0.9%) from 2016

Revenue

Up

$598,430

Up $36,197 (+6.4%) from 2016

Expenses

Down

$601,185

Down $18,854 (-3.0%) from 2016

Net Income

Up

-$2,755

Up $55,051 (+95%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $1,481,726Liabilities 2011: $2,684,293Net Assets 2011: -$1,202,5672011Assets 2012: $1,425,858Liabilities 2012: $2,664,336Net Assets 2012: -$1,238,4782012Assets 2013: $1,355,625Liabilities 2013: $2,649,697Net Assets 2013: -$1,294,0722013Assets 2014: $1,260,751Liabilities 2014: $2,619,177Net Assets 2014: -$1,358,4262014Assets 2015: $1,232,210Liabilities 2015: $2,572,388Net Assets 2015: -$1,340,1782015Assets 2016: $1,144,149Liabilities 2016: $2,539,315Net Assets 2016: -$1,395,1662016Assets 2017: $1,117,867Liabilities 2017: $2,515,788Net Assets 2017: -$1,397,9212017Assets 2018: $1,076,007Liabilities 2018: $2,495,437Net Assets 2018: -$1,419,4302018Assets 2019: $1,109,881Liabilities 2019: $2,482,436Net Assets 2019: -$1,372,5552019Assets 2020: $1,120,697Liabilities 2020: $2,449,579Net Assets 2020: -$1,328,8822020Assets 2021: $1,120,633Liabilities 2021: $2,393,896Net Assets 2021: -$1,273,2632021Assets 2022: $1,124,692Liabilities 2022: $2,335,567Net Assets 2022: -$1,210,8752022Assets 2023: $1,132,197Liabilities 2023: $2,268,598Net Assets 2023: -$1,136,4012023Assets 2024: $1,147,503Liabilities 2024: $2,209,326Net Assets 2024: -$1,061,8232024Assets 2025: $1,225,255Liabilities 2025: $2,140,375Net Assets 2025: -$915,1202025

Highlighted filing

2017

Assets$1,117,867
Liabilities$2,515,788
Net Assets-$1,397,921

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $598,9842011Expenses 2012: $590,4712012Revenue 2013: $554,148Expenses 2013: $609,742Net Income 2013: -$55,5942013Revenue 2014: $554,608Expenses 2014: $618,962Net Income 2014: -$64,3542014Revenue 2015: $647,957Expenses 2015: $629,709Net Income 2015: $18,2482015Revenue 2016: $562,233Expenses 2016: $620,039Net Income 2016: -$57,8062016Revenue 2017: $598,430Expenses 2017: $601,185Net Income 2017: -$2,7552017Revenue 2018: $596,204Expenses 2018: $617,713Net Income 2018: -$21,5092018Revenue 2019: $614,522Expenses 2019: $566,645Net Income 2019: $47,8772019Revenue 2020: $634,597Expenses 2020: $590,924Net Income 2020: $43,6732020Revenue 2021: $646,648Expenses 2021: $591,029Net Income 2021: $55,6192021Revenue 2022: $661,227Expenses 2022: $598,839Net Income 2022: $62,3882022Revenue 2023: $712,625Expenses 2023: $638,151Net Income 2023: $74,4742023Revenue 2024: $736,553Expenses 2024: $661,975Net Income 2024: $74,5782024Revenue 2025: $805,399Expenses 2025: $658,696Net Income 2025: $146,7032025

Highlighted filing

2017

Revenue$598,430
Expenses$601,185
Net Income-$2,755
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 14, 2017
Return Version
2016v3.0
Gross Receipts
$598,430
Mission and Program Overview

Mission

The organization's mission is to provide affordable low-income housing to qualified elderly people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$768,158$749,654▼ $18,504
Investments in Publicly Traded Securities$271,934$287,063▲ $15,129
Cash and Non-Interest-Bearing Accounts$81,784$60,217▼ $21,567
Prepaid Expenses and Deferred Charges$22,273$20,933▼ $1,340
Total Assets$1,144,149$1,117,867▼ $26,282
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,505,777$2,475,522▼ $30,255
Accounts Payable and Accrued Expenses$21,244$27,203▲ $5,959
Other Liabilities$12,294$13,063▲ $769
Total Liabilities$2,539,315$2,515,788▼ $23,527
Net Assets / Fund Balance
Unrestricted Net Assets$-1,395,166$-1,397,921▼ $2,755
Total Net Assets Fund Balance$-1,395,166$-1,397,921▼ $2,755
Total Liabilities and Net Assets / Fund Balance$1,144,149$1,117,867▼ $26,282

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$589,654$2,649,648$3,239,302
Land$160,000-$160,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
James WhitmorePresident
Barbara PimentelBoard Member
Beverly CottrellBoard Member
Carol PowersBoard Member
Dori PrescottBoard Member
Dorothy LevesqueBoard Member
Glenn PrescottBoard Member
Jack GoodBoard Member
Judith ThomsonBoard Member
Merle PimentelBoard Member
Patricia ValcourBoard Member
Hubert TougasClerk
Steven CottrellTreasurer
Roger BurkeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$429,595
Program Service Revenue
$150,524
Investment Income
$2,768
Other Revenue
$15,543
Change in Net Assets
$-2,755

Audited Revenue Reconciliation

Revenue per Audited Statements
$598,430
Total Revenue per Audited Statements
$598,430
Total Revenue per Form 990
$598,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,002
Salaries, Compensation, and Employee Benefits$80,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$228,713--$228,713
Other Salaries and Wages$29,344$34,999-$64,343
Insurance$36,010$18,156-$54,166
All Other Expenses$34,033$4,038-$38,071
Depreciation Depletion$32,688--$32,688
Fees for Services Management-$32,185-$32,185
Other Expenses$24,643$250-$24,643
Payroll Taxes$7,286$8,554-$15,840
Fees for Services Accounting-$8,250-$8,250
Office Expenses-$4,430-$4,430
Fees for Services Legal-$829-$829
Total Functional Expenses$489,494$111,691$0$601,185

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$601,185
Total Expenses per Audited Statements$601,185
Total Expenses per Form 990$601,185
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
Security Deposits$13,063
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Operations are managed by wingate companies

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed & approved by the management company and the board of directors at a regularly scheduled board meeting. A copy of form 990 is provided to all board members prior to filing.

Form 990, Page 6, Part VI, Line 12C

Identity of intrerest disclosures are made to the unioted states rural development agency. In addition, annual conflict of interest statements are signed by each board member.

Form 990, Page 6, Part VI, Line 19

Government documents are maintained by both the management company and the board of directors and are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Oak Hill Inc
EIN
04-2954430
Phone
6175661026
Address
35 CENTRAL STREET, IPSWICH, MA 01938

Signing Officer

Name
James Whitmore
Title
President
Phone
6175661026
Signed
2017-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Cottrell
Formed
1990
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Sanders Walsh & Eaton Llp
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Michael J Walsh CPA
Phone
5084280790
Raw XML AppendixShowing 400 of 431 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021244
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027203
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE LOW-INCOME HOUSING TO QUALIFIED ELDERLY PEOPLE.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04038
IRS990/AllOtherExpensesGrp/ProgramServicesAmt034033
IRS990/AllOtherExpensesGrp/TotalAmt038071
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0EP MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum09782321126
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07 TOZER ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEVERLY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001915
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt081784
IRS990/CashNonInterestBearingGrp/EOYAmt060217
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0429595
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02768
IRS990/CYOtherExpensesAmt0521002
IRS990/CYOtherRevenueAmt015543
IRS990/CYProgramServiceRevenueAmt0150524
IRS990/CYRevenuesLessExpensesAmt0-2755
IRS990/CYSalariesCompEmpBnftPaidAmt080183
IRS990/CYTotalExpensesAmt0601185
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0598430
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt032688
IRS990/DepreciationDepletionGrp/TotalAmt032688
IRS990/Desc0THE ORGANIZATION PROVIDED LOW-INCOME HOUSING FOR THE ELDERLY UNDER THE GUIDELINES SET BY U.S. RURAL DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0489494
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08250
IRS990/FeesForServicesAccountingGrp/TotalAmt08250
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0829
IRS990/FeesForServicesLegalGrp/TotalAmt0829
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt032185
IRS990/FeesForServicesManagementGrp/TotalAmt032185
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm1ROGER BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm2HUBERT TOUGAS
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN COTTRELL
IRS990/Form990PartVIISectionAGrp/PersonNm4BEVERLY COTTRELL
IRS990/Form990PartVIISectionAGrp/PersonNm5MERLE PIMENTEL
IRS990/Form990PartVIISectionAGrp/PersonNm6BARBARA PIMENTEL
IRS990/Form990PartVIISectionAGrp/PersonNm7DOROTHY LEVESQUE
IRS990/Form990PartVIISectionAGrp/PersonNm8JUDITH THOMSON
IRS990/Form990PartVIISectionAGrp/PersonNm9CAROL POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm10PATRICIA VALCOUR
IRS990/Form990PartVIISectionAGrp/PersonNm11GLENN PRESCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm12DORI PRESCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm13JACK GOOD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0429595
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0598430
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt018156
IRS990/InsuranceGrp/ProgramServicesAmt036010
IRS990/InsuranceGrp/TotalAmt054166
IRS990/InterestGrp/ProgramServicesAmt0228713
IRS990/InterestGrp/TotalAmt0228713
IRS990/InvestmentIncomeGrp/ExclusionAmt02768
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02768
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0271934
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0287063
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02649648
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0768158
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0749654
IRS990/LandBldgEquipCostOrOtherBssAmt03399302
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE LOW-INCOME HOUSING TO QUALIFIED ELDERLY PEOPLE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02505777
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02475522
IRS990/NetAssetsOrFundBalancesBOYAmt0-1395166
IRS990/NetAssetsOrFundBalancesEOYAmt0-1397921
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04430
IRS990/OfficeExpensesGrp/TotalAmt04430
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REAL ESTATE & OTHER TAXES
IRS990/OtherExpensesGrp/Desc2SNOW REMOVAL
IRS990/OtherExpensesGrp/Desc3MAINTENANCE CONTRACT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0250
IRS990/OtherExpensesGrp/ProgramServicesAmt039217
IRS990/OtherExpensesGrp/ProgramServicesAmt131750
IRS990/OtherExpensesGrp/ProgramServicesAmt225810
IRS990/OtherExpensesGrp/ProgramServicesAmt324643
IRS990/OtherExpensesGrp/TotalAmt039217
IRS990/OtherExpensesGrp/TotalAmt132000
IRS990/OtherExpensesGrp/TotalAmt225810
IRS990/OtherExpensesGrp/TotalAmt324643
IRS990/OtherLiabilitiesGrp/BOYAmt012294
IRS990/OtherLiabilitiesGrp/EOYAmt013063
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09711
IRS990/OtherRevenueMiscGrp/ExclusionAmt15832
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09711
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15832
IRS990/OtherRevenueTotalAmt015543
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034999
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029344
IRS990/OtherSalariesAndWagesGrp/TotalAmt064343
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08554
IRS990/PayrollTaxesGrp/ProgramServicesAmt07286
IRS990/PayrollTaxesGrp/TotalAmt015840
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022273
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020933
IRS990/PrincipalOfficerNm0STEVEN COTTRELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0150524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0150524
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0404565
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01289
IRS990/PYOtherExpensesAmt0544620
IRS990/PYOtherRevenueAmt06488
IRS990/PYProgramServiceRevenueAmt0149891
IRS990/PYRevenuesLessExpensesAmt0-57806
IRS990/PYSalariesCompEmpBnftPaidAmt075419
IRS990/PYTotalExpensesAmt0620039
IRS990/PYTotalRevenueAmt0562233
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2755
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY & OTHER INCOME 41,880
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0429595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0404565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0460391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0395818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0399947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02090316
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02768
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01289
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01804
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010327
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0150524
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt015543
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06488
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt030623
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02134
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02635
IRS990ScheduleA/OtherIncome170Grp/TotalAmt057423
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96860
IRS990ScheduleA/PublicSupportPY170Pct00.97420
IRS990ScheduleA/PublicSupportTotal170Amt02090316
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0429595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0404565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0460391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0395818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0399947
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02090316
IRS990ScheduleA/TotalSupportAmt02158066
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0589654
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02649648
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03239302
IRS990ScheduleD/ExpensesSubtotalAmt0601185
IRS990ScheduleD/LandGrp/BookValueAmt0160000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0160000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0598430
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0749654
IRS990ScheduleD/TotalExpensesPerForm990Amt0601185
IRS990ScheduleD/TotalLiabilityAmt013063
IRS990ScheduleD/TotalRevenuePerForm990Amt0598430
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0598430
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0601185
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATIONS ARE MANAGED BY WINGATE COMPANIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED & APPROVED BY THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS AT A REGULARLY SCHEDULED BOARD MEETING. A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IDENTITY OF INTREREST DISCLOSURES ARE MADE TO THE UNIOTED STATES RURAL DEVELOPMENT AGENCY. IN ADDITION, ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNMENT DOCUMENTS ARE MAINTAINED BY BOTH THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01144149
IRS990/TotalAssetsEOYAmt01117867
IRS990/TotalAssetsGrp/BOYAmt01144149
IRS990/TotalAssetsGrp/EOYAmt01117867
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0429595
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0489494
IRS990/TotalFunctionalExpensesGrp/TotalAmt0601185
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02539315
IRS990/TotalLiabilitiesEOYAmt02515788
IRS990/TotalLiabilitiesGrp/BOYAmt02539315
IRS990/TotalLiabilitiesGrp/EOYAmt02515788
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1395166
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1397921
IRS990/TotalProgramServiceExpensesAmt0489494
IRS990/TotalProgramServiceRevenueAmt0150524
IRS990/TotalRevenueGrp/ExclusionAmt018311
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150524
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0598430
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01144149
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01117867
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1395166
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1397921
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014 LAKEMANS LANE
IRS990/USAddress/CityNm0IPSWICH
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001938
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0NONE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$2.14$0.92$0.81$0.66$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.15$2.21$1.06$0.74$0.66$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.13$2.27$1.14$0.71$0.64$0.07
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.12$2.34$1.21$0.66$0.60$0.06
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.12$2.39$1.27$0.65$0.59$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$2.45$1.33$0.63$0.59$0.04
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.11$2.48$1.37$0.61$0.57$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$2.50$1.42$0.60$0.62$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.12$2.52$1.40$0.60$0.60$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$2.54$1.40$0.56$0.62$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.23$2.57$1.34$0.65$0.63$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.26$2.62$1.36$0.55$0.62$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$2.65$1.29$0.55$0.61$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$2.66$1.24$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$2.68$1.20$0.60