Civic Intelligence

The Resource Inc. for Community and Economic Development

990 • Fiscal year 2018 • EIN 04-3191352

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 15, 2019

Organization ProfileTHERESOURCE.ORG
PO Box 36North Eastham, MA 02651

(508) 760-4900

Siviq Scores

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

Liabilities / Assets

90th percentile

0.93x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.22x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

29th percentile

-3.0%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

21st percentile

$16,203

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

38th percentile

-1.0%

Faster asset growth than 38% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$6,293,704

Down $64,343 (-1.0%) from 2017

Net Assets

Up

$461,223

Up $24,264 (+5.6%) from 2017

Liabilities

Down

$5,832,481

Down $88,607 (-1.5%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin29th percentile

Revenue

Down

$1,810,985

Down $375,358 (-17%) from 2017

Expenses

Down

$1,864,459

Down $442,548 (-19%) from 2017

Net Income

Up

-$53,474

Up $67,190 (+56%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,385,294Liabilities 2011: $1,486,491Net Assets 2011: $898,8032011Assets 2012: $3,172,787Liabilities 2012: $2,252,530Net Assets 2012: $920,2572012Assets 2013: $3,370,917Liabilities 2013: $2,560,345Net Assets 2013: $810,5722013Assets 2014: $3,610,902Liabilities 2014: $2,872,684Net Assets 2014: $738,2182014Assets 2015: $3,309,743Liabilities 2015: $2,638,322Net Assets 2015: $671,4212015Assets 2016: $6,171,276Liabilities 2016: $5,613,653Net Assets 2016: $557,6232016Assets 2017: $6,358,047Liabilities 2017: $5,921,088Net Assets 2017: $436,9592017Assets 2018: $6,293,704Liabilities 2018: $5,832,481Net Assets 2018: $461,2232018Assets 2019: $1,992,040Liabilities 2019: $1,143,449Net Assets 2019: $848,5912019Assets 2020: $1,970,005Liabilities 2020: $1,102,449Net Assets 2020: $867,5562020Assets 2021: $1,953,128Liabilities 2021: $1,078,638Net Assets 2021: $874,4902021Assets 2022: $2,064,773Liabilities 2022: $1,242,331Net Assets 2022: $822,4422022Assets 2023: $2,151,174Liabilities 2023: $1,239,029Net Assets 2023: $912,1452023Assets 2024: $4,108,292Liabilities 2024: $3,723,324Net Assets 2024: $384,9682024Assets 2025: $3,908,908Liabilities 2025: $3,693,057Net Assets 2025: $215,8512025

Highlighted filing

2018

Assets$6,293,704
Liabilities$5,832,481
Net Assets$461,223
Open 2018 Filing

Operations Trend

Revenue Growth15th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,681,996Expenses 2011: $2,649,659Net Income 2011: $32,3372011Expenses 2012: $1,053,2432012Revenue 2013: $828,334Expenses 2013: $938,019Net Income 2013: -$109,6852013Revenue 2014: $1,854,837Expenses 2014: $1,927,191Net Income 2014: -$72,3542014Revenue 2015: $1,490,420Expenses 2015: $1,557,217Net Income 2015: -$66,7972015Revenue 2016: $1,493,849Expenses 2016: $1,607,647Net Income 2016: -$113,7982016Revenue 2017: $2,186,343Expenses 2017: $2,307,007Net Income 2017: -$120,6642017Revenue 2018: $1,810,985Expenses 2018: $1,864,459Net Income 2018: -$53,4742018Revenue 2019: $2,803,345Expenses 2019: $2,415,977Net Income 2019: $387,3682019Revenue 2020: $3,979,183Expenses 2020: $3,960,218Net Income 2020: $18,9652020Revenue 2021: $3,002,058Expenses 2021: $2,995,124Net Income 2021: $6,9342021Revenue 2022: $3,152,233Expenses 2022: $3,204,281Net Income 2022: -$52,0482022Revenue 2023: $4,312,964Expenses 2023: $4,223,261Net Income 2023: $89,7032023Revenue 2024: $5,576,893Expenses 2024: $6,104,070Net Income 2024: -$527,1772024Revenue 2025: $5,358,407Expenses 2025: $5,527,524Net Income 2025: -$169,1172025

Highlighted filing

2018

Revenue$1,810,985
Expenses$1,864,459
Net Income-$53,474
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 15, 2019
Return Version
2017v2.3
Gross Receipts
$1,810,985
Mission and Program Overview

Mission

To provide grant writing and administration to govermental entities, creating and rehabilitating affordable housing units, economic development, and social services to the community.

To provide grant writing and administration to governmental entities, creating and rehabilitating affordable housing units, economic development, and social services to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,839,052$5,796,531▼ $42,521
Cash and Non-Interest-Bearing Accounts$419,333$232,382▼ $186,951
Prepaid Expenses and Deferred Charges$18,772$20,890▲ $2,118
Accounts Receivable$15,330$8,803▼ $6,527
Total Assets$6,358,047$6,293,704▼ $64,343
Other Assets Total$65,560$235,098▲ $169,538
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,708,630$5,620,850▼ $87,780
Accounts Payable and Accrued Expenses$167,903$156,716▼ $11,187
Escrow Account Liability-$51,644-
Grants Payable$42,159--
Deferred Revenue$2,396$3,271▲ $875
Total Liabilities$5,921,088$5,832,481▼ $88,607
Net Assets / Fund Balance
Unrestricted Net Assets$436,959$461,223▲ $24,264
Total Net Assets Fund Balance$436,959$461,223▲ $24,264
Total Liabilities and Net Assets / Fund Balance$6,358,047$6,293,704▼ $64,343

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,706,467$887,644$6,594,111
Land$90,064-$90,064
Equipment-$29,000$29,000
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Theresa MalonePresident/exPT$16,203$16,203

Board Members and Trustees

NameTitle
Dawn YoungDirector
Dina AbreuDirector
Karen BurnsDirector
Pamela SmithClerk/ Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$920,122
Program Service Revenue
$884,189
Investment Income
$560
Other Revenue
$6,114
Change in Net Assets
$-53,474

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,810,985
Total Revenue per Audited Statements
$1,810,985
Total Revenue per Form 990
$1,810,985
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,664,416
Salaries, Compensation, and Employee Benefits$200,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,092$72,033-$184,125
Depreciation Depletion$177,036--$177,036
Interest$170,063--$170,063
All Other Expenses$63,512$924-$64,436
Other Expenses$56,021--$56,021
Insurance$34,473--$34,473
Fees for Services Accounting-$26,912-$26,912
Payroll Taxes$9,710$6,208-$15,918
Occupancy$8,375--$8,375
Fees for Services Legal$8,210--$8,210
Travel$2,868$1,351-$4,219
Total Functional Expenses$1,757,031$107,428$0$1,864,459

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,864,459
Total Expenses per Audited Statements$1,864,459
Total Expenses per Form 990$1,864,459
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

“NOT APPLICABLE”

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

“The process the organization uses to review the form 990 is for the director of finance to review the 990 with the treasurer and board president before it is signed.”

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

“Anually the officers and directors file a report with the organization attesting to the fact that there is no conflict of interest.”

Form 990, Page 6, Part VI, Line 15A

“All compensation is approved annually by a full vote of the board of directors.”

Form 990, Page 6, Part VI, Line 18

“The organization makes these documents available upon request.”

Form 990, Page 6, Part VI, Line 19

“The organization makes these documents available upon request.”

Filing and Contact Details

Filer

Filer Name
The Resourceinc for Community and
EIN
04-3191352
Phone
5087604900
Address
PO BOX 36, NORTH EASTHAM, MA 02651

Signing Officer

Name
Theresa Malone
Title
President/exec.Director
Phone
5087604900
Signed
2019-02-15

Organization Details

Principal Officer
Theresa Malone
Formed
1994
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
5

Preparer

Firm
Sanders Walsh & Eaton LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Michael J Walsh CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 1

“Financial statements for the current year were issued on a separate basis. The prior year statements were issued on consolidated basis which required prior period adjustment of 77,738.”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The organization holds tenant security deposit acconts”

Raw XML AppendixShowing 400 of 447 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/BOYAmt0167903
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0156716
IRS990/AccountsReceivableGrp/BOYAmt015330
IRS990/AccountsReceivableGrp/EOYAmt08803
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE GRANT WRITING AND ADMINISTRATION TO GOVERNMENTAL ENTITIES, CREATING AND REHABILITATING AFFORDABLE HOUSING UNITS, ECONOMIC DEVELOPMENT, AND SOCIAL SERVICES TO THE COMMUNITY.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0924
IRS990/AllOtherExpensesGrp/ProgramServicesAmt063512
IRS990/AllOtherExpensesGrp/TotalAmt064436
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0KATHRYN FEE
IRS990/BooksInCareOfDetail/PhoneNum05087604900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 PALMER AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FALMOUTH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002540
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0419333
IRS990/CashNonInterestBearingGrp/EOYAmt0232382
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0920122
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0560
IRS990/CYOtherExpensesAmt01664416
IRS990/CYOtherRevenueAmt06114
IRS990/CYProgramServiceRevenueAmt0884189
IRS990/CYRevenuesLessExpensesAmt0-53474
IRS990/CYSalariesCompEmpBnftPaidAmt0200043
IRS990/CYTotalExpensesAmt01864459
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01810985
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02396
IRS990/DeferredRevenueGrp/EOYAmt03271
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0177036
IRS990/DepreciationDepletionGrp/TotalAmt0177036
IRS990/Desc0HOUSING REHABILITATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/EOYAmt051644
IRS990/ExpenseAmt01757031
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt026912
IRS990/FeesForServicesAccountingGrp/TotalAmt026912
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08210
IRS990/FeesForServicesLegalGrp/TotalAmt08210
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0THERESA MALONE
IRS990/Form990PartVIISectionAGrp/PersonNm1PAMELA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2DINA ABREU
IRS990/Form990PartVIISectionAGrp/PersonNm3KAREN BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm4DAWN YOUNG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt016203
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/EX
IRS990/Form990PartVIISectionAGrp/TitleTxt1CLERK/ TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0920122
IRS990/GrantsPayableGrp/BOYAmt042159
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01810985
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt034473
IRS990/InsuranceGrp/TotalAmt034473
IRS990/InterestGrp/ProgramServicesAmt0170063
IRS990/InterestGrp/TotalAmt0170063
IRS990/InvestmentIncomeGrp/ExclusionAmt0560
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0560
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0916644
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05839052
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05796531
IRS990/LandBldgEquipCostOrOtherBssAmt06713175
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE GRANT WRITING AND ADMINISTRATION TO GOVERMENTAL ENTITIES, CREATING AND REHABILITATING AFFORDABLE HOUSING UNITS, ECONOMIC DEVELOPMENT, AND SOCIAL SERVICES TO THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05708630
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05620850
IRS990/NetAssetsOrFundBalancesBOYAmt0436959
IRS990/NetAssetsOrFundBalancesEOYAmt0461223
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt08375
IRS990/OccupancyGrp/TotalAmt08375
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt065560
IRS990/OtherAssetsTotalGrp/EOYAmt0235098
IRS990/OtherExpensesGrp/Desc0HOUSING REHAB
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0920456
IRS990/OtherExpensesGrp/ProgramServicesAmt1106669
IRS990/OtherExpensesGrp/ProgramServicesAmt287546
IRS990/OtherExpensesGrp/ProgramServicesAmt356021
IRS990/OtherExpensesGrp/TotalAmt0920456
IRS990/OtherExpensesGrp/TotalAmt1106669
IRS990/OtherExpensesGrp/TotalAmt287546
IRS990/OtherExpensesGrp/TotalAmt356021
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06114
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06114
IRS990/OtherRevenueTotalAmt06114
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072033
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0112092
IRS990/OtherSalariesAndWagesGrp/TotalAmt0184125
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06208
IRS990/PayrollTaxesGrp/ProgramServicesAmt09710
IRS990/PayrollTaxesGrp/TotalAmt015918
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018772
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020890
IRS990/PrincipalOfficerNm0THERESA MALONE
IRS990/PriorPeriodAdjustmentsAmt077738
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT & DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0643965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1240224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0643965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1240224
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01312236
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0501
IRS990/PYOtherExpensesAmt02117583
IRS990/PYProgramServiceRevenueAmt0873606
IRS990/PYRevenuesLessExpensesAmt0-120664
IRS990/PYSalariesCompEmpBnftPaidAmt0189424
IRS990/PYTotalExpensesAmt02307007
IRS990/PYTotalRevenueAmt02186343
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-53474
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0920122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01362236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0972802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01092531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01432285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05779976
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0501
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017774
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028309
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0-910
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046234
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0890303
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99210
IRS990ScheduleA/PublicSupportPY170Pct00.98960
IRS990ScheduleA/PublicSupportTotal170Amt05779976
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0920122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01362236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0972802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01092531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01432285
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05779976
IRS990ScheduleA/TotalSupportAmt05826210
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05706467
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0887644
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06594111
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029000
IRS990ScheduleD/ExpensesSubtotalAmt01864459
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt090064
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt090064
IRS990ScheduleD/RevenueSubtotalAmt01810985
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS TENANT SECURITY DEPOSIT ACCONTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05796531
IRS990ScheduleD/TotalExpensesPerForm990Amt01864459
IRS990ScheduleD/TotalRevenuePerForm990Amt01810985
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01810985
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01864459
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 IS FOR THE DIRECTOR OF FINANCE TO REVIEW THE 990 WITH THE TREASURER AND BOARD PRESIDENT BEFORE IT IS SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANUALLY THE OFFICERS AND DIRECTORS FILE A REPORT WITH THE ORGANIZATION ATTESTING TO THE FACT THAT THERE IS NO CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION IS APPROVED ANNUALLY BY A FULL VOTE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS FOR THE CURRENT YEAR WERE ISSUED ON A SEPARATE BASIS. THE PRIOR YEAR STATEMENTS WERE ISSUED ON CONSOLIDATED BASIS WHICH REQUIRED PRIOR PERIOD ADJUSTMENT OF 77,738.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8B
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 12, PART XII, LINE 1
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0RESOURCE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0THE RESOURCE INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0HOWLAND HOUSE MM LLC (HH MM LLC)
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0814907064
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0200 PALMER AVENUE 2ND FLOOR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine2Txt0200 PALMER AVENUE 2ND FLOOR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0FALMOUTH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd002540
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0HH MM LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0814916441
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0true
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.01000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0HOWLAND HOUSE LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt018916
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0-248
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0200 PALMER AVENUE 2ND FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0FALMOUTH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd002540
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0NAME OF RELATED ORGANIZATION: HOWLAND HOUSE LLC PRIMARY ACTIVITY: TO ACQUIRE INTERESTS IN REAL PROPERTY IN NEW BEDFORD, MASSACHUSETTS, RENOVATE IT AND RENT IT TO LOW INCOME FAMILIES. NAME OF RELATED ORGANIZATION: HOWLAND HOUSE MM LLC, DISREGARDED ENTITY A 100% OWNED BY THE RESOURCE INC. FOR COMMUNITY AND ECONOMIC DEVELOPMENT. HOWLAND HOUSE MM LLC IS A MANAGING PARTNER OF HOWLAND HOUSE LLC WITH 1% CAPITAL INTEREST. HOWLAND HOUSE LLC ALLOCATED 100% OF MASSACHUSETS HISTORIC TAX CREDIT (THE CREDIT) TO HOWLAND HOUSE MM LLC. HOWLAND HOUSE MM LLC ASSIGNED ALL OF ITS RIGHT,TITLE AND INTEREST IN THE CREDIT TO OTHER NON- RELATED TAX-EXEMPT CORPORATION.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02346064
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt155830
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2474686
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt350000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH. LOAN GUARANTEES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1PAYROLL. SALARY
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2HISTORIC STATE TAX CREDIT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3CASH. CAPITAL CONTRIBUT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOWLAND HOUSE LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOWLAND HOUSE LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2HOWLAND HOUSE LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3HOWLAND HOUSE LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2S
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3B
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06358047
IRS990/TotalAssetsEOYAmt06293704
IRS990/TotalAssetsGrp/BOYAmt06358047
IRS990/TotalAssetsGrp/EOYAmt06293704
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0920122
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0107428
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01757031
IRS990/TotalFunctionalExpensesGrp/TotalAmt01864459
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05921088
IRS990/TotalLiabilitiesEOYAmt05832481
IRS990/TotalLiabilitiesGrp/BOYAmt05921088
IRS990/TotalLiabilitiesGrp/EOYAmt05832481
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0436959
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0461223
IRS990/TotalProgramServiceExpensesAmt01757031
IRS990/TotalProgramServiceRevenueAmt0884189
IRS990/TotalReportableCompFromOrgAmt016203
IRS990/TotalRevenueGrp/ExclusionAmt0560
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0890303
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01810985
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06358047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06293704
IRS990/TransactionWithControlEntInd0true
IRS990/TravelGrp/ManagementAndGeneralAmt01351
IRS990/TravelGrp/ProgramServicesAmt02868
IRS990/TravelGrp/TotalAmt04219
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,293,704
Liabilities
$5,832,481
Net assets
$461,223
Revenue
$1,810,985
Expenses
$1,864,459
Net income
-$53,474
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.91$3.69$0.22$5.36$5.53$0.17
2024Detailed filing. Detailed filing data is available for this year.$4.11$3.72$0.38$5.58$6.10$0.53
2023Detailed filing. Detailed filing data is available for this year.$2.15$1.24$0.91$4.31$4.22$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.06$1.24$0.82$3.15$3.20$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.08$0.87$3.00$3.00$0.01
2020Summary only. Only limited summary data is available for this year.$1.97$1.10$0.87$3.98$3.96$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.99$1.14$0.85$2.80$2.42$0.39
2018Detailed filing. Detailed filing data is available for this year.$6.29$5.83$0.46$1.81$1.86$0.05
2017Detailed filing. Detailed filing data is available for this year.$6.36$5.92$0.44$2.19$2.31$0.12
2016Detailed filing. Detailed filing data is available for this year.$6.17$5.61$0.56$1.49$1.61$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.31$2.64$0.67$1.49$1.56$0.07
2014Summary only. Only limited summary data is available for this year.$3.61$2.87$0.74$1.85$1.93$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$2.56$0.81$0.83$0.94$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$2.25$0.92$1.05
2011Summary only. Only limited summary data is available for this year.$2.39$1.49$0.90$2.68$2.65$0.03