Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
990 • Fiscal year 2020 • EIN 04-3244024
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 13.7% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Assets
Up$4,424,515
Up $49,729 (+1.1%) from 2019
Net Assets
Up$3,508,092
Up $5,750 (+0.2%) from 2019
Liabilities
Up$916,423
Up $43,979 (+5.0%) from 2019
Revenue
Up$1,273,044
Up $57,378 (+4.7%) from 2019
Expenses
Up$1,267,294
Up $63,570 (+5.3%) from 2019
Net Income
Down$5,750
Down $6,192 (-52%) from 2019
To foster business growth, greater employment and economic development in the greater new bedford area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $2,846,205 | $2,253,289 | ▼ $592,916 |
| Savings and Temporary Cash Investments | $1,160,181 | $1,848,711 | ▲ $688,530 |
| Cash and Non-Interest-Bearing Accounts | $115,391 | $101,297 | ▼ $14,094 |
| Accounts Receivable | $99,744 | $91,046 | ▼ $8,698 |
| Pledges and Grants Receivable | $126,342 | $77,315 | ▼ $49,027 |
| Prepaid Expenses and Deferred Charges | $9,068 | $39,411 | ▲ $30,343 |
| Land, Buildings, and Equipment, Net | $17,855 | $13,446 | ▼ $4,409 |
| Total Assets | $4,374,786 | $4,424,515 | ▲ $49,729 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $547,195 | $711,981 | ▲ $164,786 |
| Unsecured Notes Loans Payable | $240,000 | $0 | ▼ $240,000 |
| Other Liabilities | $0 | $92,200 | ▲ $92,200 |
| Accounts Payable and Accrued Expenses | $76,916 | $85,992 | ▲ $9,076 |
| Deferred Revenue | $8,333 | $26,250 | ▲ $17,917 |
| Total Liabilities | $872,444 | $916,423 | ▲ $43,979 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $3,309,215 | $3,164,402 | ▼ $144,813 |
| Net Assets Without Donor Restrictions | $193,127 | $343,690 | ▲ $150,563 |
| Total Net Assets Fund Balance | $3,502,342 | $3,508,092 | ▲ $5,750 |
| Total Liabilities and Net Assets / Fund Balance | $4,374,786 | $4,424,515 | ▲ $49,729 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $11,518 | $23,052 | $34,570 |
| Leasehold Improvements | $1,928 | $1,930 | $3,858 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Derek Santos | Executive Director | FT | $152,241 | $22,790 | $175,031 |
| Ramon D Silva | Loan Officer | FT | $106,134 | $10,953 | $117,087 |
| Name | Title |
|---|---|
| Anthony R Sapienza | President |
| Joseph Nauman | Past Vice President |
| Elizabeth Isherwood | Vice President |
| Helena Dasilva Hughes | Director |
| John Vasconcellos | Director |
| Keith Hovan | Director |
| Laura Douglas | Director |
| Steven Kenyon | Past Director |
| Carol Pimental | Clerk |
| Jonathan F Mitchell | Mayor Ex-officio |
| David Slutz | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $675,589 |
| Other Expenses | $562,205 |
| Grants and Similar Amounts Paid | $29,500 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $268,353 | $89,451 | - | $357,804 |
| Current Officers, Directors, Trustees, and Key Employees | $139,054 | $48,276 | - | $187,330 |
| Other Employee Benefits | $56,354 | $25,320 | - | $81,674 |
| Office Expenses | $30,737 | $10,248 | - | $40,985 |
| Payroll Taxes | $28,847 | $9,615 | - | $38,462 |
| Fees for Services Other | $26,526 | $6,717 | - | $33,243 |
| Grants to Domestic Orgs | $29,500 | - | - | $29,500 |
| Occupancy | $14,021 | $3,150 | - | $17,171 |
| Fees for Services Accounting | $11,201 | $3,734 | - | $14,935 |
| Conferences and Meetings | $10,683 | $3,562 | - | $14,245 |
| Insurance | $10,406 | $3,469 | - | $13,875 |
| Pension Plan Contributions | $7,120 | $3,199 | - | $10,319 |
| Interest | $7,954 | - | - | $7,954 |
| Depreciation Depletion | $5,215 | $1,738 | - | $6,953 |
| Other Expenses | $4,685 | $1,562 | - | $6,247 |
| Fees for Services Legal | $3,361 | $1,121 | - | $4,482 |
| Total Functional Expenses | $1,056,132 | $211,162 | $0 | $1,267,294 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,267,294 |
| Total Expenses per Audited Statements | $1,267,294 |
| Total Expenses per Form 990 | $1,267,294 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Community Ec Devel Ctr Se | New Bedford, MA | 501 (c) (3) | Economic Development Support | $17,000 |
| Downtown New Bedford Inc | New Bedford, MA | 501 (c) (3) | Economic Development Support | $12,500 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Conditional Grant Advance Liabilities | $92,200 |
“After management has reviewed the federal and state information returns, the president or treasurer, acting on behalf of the board of directors, reviews and signs the returns.”
“The council's conflict of interest policy prohibits all council employees, officers or their families or agents from participating in the selection, award or administration of a contract supported by federal funds if a real or apparent conflict of interest exists.”
“The council's board of directors evaluates the executive director's performance annually before determining his compensation. The board of directors approves the overall compensation of all other employees as reflected in the annual budget. Officers who are board members are unpaid volunteers.”
“Financial statements are available through guidestar.org and the commonwealth of massachusetts division of public charities, or upon request. Governing documents are available on line via the secretary for the commonwealth of massachusetts corporate database and upon request. The conflict of interest policy is available upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 76916 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 85992 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 99744 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 91046 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO FOSTER BUSINESS GROWTH, GREATER EMPLOYMENT AND ECONOMIC DEVELOPMENT IN THE GREATER NEW BEDFORD AREA. |
| IRS990/AllOtherContributionsAmt | 0 | 127121 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DEBORAH TROMBLY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5089913122 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1213 PURCHASE STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW BEDFORD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02740 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 115391 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 101297 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 48276 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 139054 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 187330 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 3562 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 10683 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 14245 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1027002 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 29500 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3238 |
| IRS990/CYOtherExpensesAmt | 0 | 562205 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 242804 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 5750 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 675589 |
| IRS990/CYTotalExpensesAmt | 0 | 1267294 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1273044 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 8333 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 26250 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1738 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 5215 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 6953 |
| IRS990/Desc | 0 | PROVIDED ECONOMIC DEVELOPMENT SERVICES TO BUSINESSES LOCATED IN THE NEW BEDFORD AREA OF MASSACHUSETTS, PRIMARILY THROUGH THE OFFERING OF LOW-INTEREST RATE LOANS FUNDED BY FEDERAL GRANTS AND RELATED PROGRAM INCOME INVOLVING REVOLVING LOAN FUNDS. THE COUNCIL ALSO PROVIDES SUPPORT FOR THE WIND ENERGY CENTER. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3309215 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3164402 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1056132 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3734 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 11201 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14935 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1121 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 3361 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 4482 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 6717 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 26526 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 33243 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 22790 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 10953 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DEREK SANTOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RAMON D SILVA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | HELENA DASILVA HUGHES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KEITH HOVAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOHN VASCONCELLOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LAURA DOUGLAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | STEVEN KENYON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JONATHAN F MITCHELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ANTHONY R SAPIENZA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ELIZABETH ISHERWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JOSEPH NAUMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DAVID SLUTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | CAROL PIMENTAL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 152241 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 106134 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | LOAN OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | PAST DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MAYOR EX-OFFICIO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PAST VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | CLERK |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GovernmentGrantsAmt | 0 | 899881 |
| IRS990/GrantAmt | 0 | 29500 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 29500 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 29500 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1273044 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3469 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 10406 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13875 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 7954 |
| IRS990/InterestGrp/TotalAmt | 0 | 7954 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3238 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3238 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 12 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 24982 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 17855 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 13446 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 38428 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO FOSTER BUSINESS GROWTH, GREATER EMPLOYMENT AND ECONOMIC DEVELOPMENT IN THE GREATER NEW BEDFORD AREA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 547195 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 711981 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3502342 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3508092 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 193127 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 343690 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3150 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 14021 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 17171 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 10248 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 30737 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 40985 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 25320 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 56354 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 81674 |
| IRS990/OtherExpensesGrp/Desc | 0 | GRANT RELATED EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES & MEMBERSHIP |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1562 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 317115 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 85000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 4685 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 317115 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 85000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6247 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 92200 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 89451 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 268353 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 357804 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 2846205 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2253289 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9615 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 28847 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 38462 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 3199 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 7120 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 10319 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 126342 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 77315 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 9068 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 39411 |
| IRS990/PrincipalOfficerNm | 0 | ANTHONY R SAPIENZA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INTEREST INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MANAGEMENT & CONSULTIN |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 136704 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 106100 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 136704 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 106100 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 887988 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 160811 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2504 |
| IRS990/PYOtherExpensesAmt | 0 | 387502 |
| IRS990/PYOtherRevenueAmt | 0 | 10500 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 314674 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 11942 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 655411 |
| IRS990/PYTotalExpensesAmt | 0 | 1203724 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1215666 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 5750 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 242804 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1160181 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1848711 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1027002 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 887988 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 851941 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 660596 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1150360 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 4577887 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 3238 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2504 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 893 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 917 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 969 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 8521 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 242804 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 314674 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 375297 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 331544 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 362612 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1626931 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 3238 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 2504 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 893 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 917 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 969 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 8521 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00140 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00090 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 10500 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6750 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6400 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 23650 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98190 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99560 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 6124178 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 80640 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 80640 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt | 0 | 80640 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 80640 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1269806 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1202662 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1227238 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 992140 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1512972 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 6204818 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1273044 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1215666 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1234881 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 999457 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1513941 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 6236989 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 11518 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 23052 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 34570 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1267294 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1928 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 1930 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 3858 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 92200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CONDITIONAL GRANT ADVANCE LIABILITIES |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1273044 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 13446 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.