Civic Intelligence

Boston Community Capital Inc

990 • Fiscal year 2018 • EIN 04-3246555

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 21, 2019

Organization ProfileBLUEHUBCAPITAL.ORG

View Organization Page

10 Malcolm X Boulevard Ground FloorBoston, MA 02119

(617) 427-8600

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.52x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

4.02x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

94th percentile

$757,409

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 31.5% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

12th percentile

-8.3%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-52%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$18,551,113

Down $1,674,836 (-8.3%) from 2017

Net Assets

Down

$8,893,188

Down $800,715 (-8.3%) from 2017

Liabilities

Down

$9,657,925

Down $874,121 (-8.3%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin83rd percentile

Revenue

Down

$2,405,042

Down $2,638,555 (-52%) from 2017

Expenses

Down

$1,708,331

Down $803,265 (-32%) from 2017

Net Income

Down

$696,711

Down $1,835,290 (-72%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$40M$30M$20M$10M$0Assets 2010: $4,293,555Liabilities 2010: $652,453Net Assets 2010: $3,641,1022010Assets 2011: $4,844,314Liabilities 2011: $1,349,281Net Assets 2011: $3,495,0332011Assets 2012: $5,855,549Liabilities 2012: $2,992,096Net Assets 2012: $2,863,4532012Assets 2013: $6,251,667Liabilities 2013: $2,492,345Net Assets 2013: $3,759,3222013Assets 2014: $12,811,218Liabilities 2014: $7,321,841Net Assets 2014: $5,489,3772014Assets 2015: $23,715,786Liabilities 2015: $17,063,477Net Assets 2015: $6,652,3092015Assets 2016: $34,630,708Liabilities 2016: $27,468,806Net Assets 2016: $7,161,9022016Assets 2017: $20,225,949Liabilities 2017: $10,532,046Net Assets 2017: $9,693,9032017Assets 2018: $18,551,113Liabilities 2018: $9,657,925Net Assets 2018: $8,893,1882018Assets 2019: $20,026,527Liabilities 2019: $8,851,091Net Assets 2019: $11,175,4362019Assets 2020: $21,969,549Liabilities 2020: $10,732,924Net Assets 2020: $11,236,6252020Assets 2021: $18,553,228Liabilities 2021: $7,446,400Net Assets 2021: $11,106,8282021Assets 2022: $16,146,415Liabilities 2022: $4,936,595Net Assets 2022: $11,209,8202022Assets 2023: $12,694,943Liabilities 2023: $4,193,827Net Assets 2023: $8,501,1162023Assets 2024: $16,122,451Liabilities 2024: $4,560,249Net Assets 2024: $11,562,2022024

Highlighted filing

2018

Assets$18,551,113
Liabilities$9,657,925
Net Assets$8,893,188
Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $1,344,8112010Expenses 2011: $1,442,3922011Expenses 2012: $2,098,3012012Revenue 2013: $2,787,508Expenses 2013: $1,891,639Net Income 2013: $895,8692013Revenue 2014: $3,534,153Expenses 2014: $1,804,098Net Income 2014: $1,730,0552014Revenue 2015: $3,392,945Expenses 2015: $2,230,013Net Income 2015: $1,162,9322015Revenue 2016: $3,183,559Expenses 2016: $2,673,966Net Income 2016: $509,5932016Revenue 2017: $5,043,597Expenses 2017: $2,511,596Net Income 2017: $2,532,0012017Revenue 2018: $2,405,042Expenses 2018: $1,708,331Net Income 2018: $696,7112018Revenue 2019: $3,324,736Expenses 2019: $1,042,488Net Income 2019: $2,282,2482019Revenue 2020: $2,123,064Expenses 2020: $2,061,875Net Income 2020: $61,1892020Revenue 2021: $2,089,518Expenses 2021: $2,219,315Net Income 2021: -$129,7972021Revenue 2022: $3,014,300Expenses 2022: $3,285,025Net Income 2022: -$270,7252022Revenue 2023: $753,928Expenses 2023: $3,462,632Net Income 2023: -$2,708,7042023Revenue 2024: $2,366,821Expenses 2024: $1,305,735Net Income 2024: $1,061,0862024

Highlighted filing

2018

Revenue$2,405,042
Expenses$1,708,331
Net Income$696,711
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 21, 2019
Return Version
2018v3.1
Gross Receipts
$2,405,042
Mission and Program Overview

Mission

To provide below market rate capital to community based organizations for development of affordable housing and to provide broader community lending that directly or indirectly benefits low income or disadvantaged people or communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,617,831$7,457,058▲ $2,839,227
Investments Program Related$4,244,431$1,620,000▼ $2,624,431
Land, Buildings, and Equipment, Net$851,200$709,976▼ $141,224
Savings and Temporary Cash Investments$436,163$442,322▲ $6,159
Prepaid Expenses and Deferred Charges$97,781$121,894▲ $24,113
Accounts Receivable$5,308$5,049▼ $259
Total Assets$20,225,949$18,551,113▼ $1,674,836
Other Assets Total$9,973,235$8,194,814▼ $1,778,421
Liabilities
Escrow Account Liability$4,189,145$4,931,647▲ $742,502
Other Liabilities$5,558,945$3,963,082▼ $1,595,863
Accounts Payable and Accrued Expenses$783,956$763,196▼ $20,760
Total Liabilities$10,532,046$9,657,925▼ $874,121
Net Assets / Fund Balance
Unrestricted Net Assets$8,791,597$8,416,657▼ $374,940
Temporarily Rstr Net Assets$902,306$476,531▼ $425,775
Total Net Assets Fund Balance$9,693,903$8,893,188▼ $800,715
Total Liabilities and Net Assets / Fund Balance$20,225,949$18,551,113▼ $1,674,836

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$683,357$494,950$1,178,307
Equipment$26,619$170,397$197,016
Investment Program Related Org$820,000--
Other Assets Org$3,263,167--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elyse CherryCEO & Ex-officio BoardPT$110,451$78,902$189,353
Sharon ShepardManaging DirectorPT$97,196$11,304$108,500
Susan RiversChief Communications Officer-$89,841$13,983$103,824
Lisa ZappalaCFO-$65,853$18,322$84,175
E Matthew GautieriControllerPT$68,939$14,826$83,765
Dewitt JonesExecutive VP & Ex-officioPT$46,208$15,372$61,580

Board Members and Trustees

NameTitle
Charles ClarkChairman of the Board
Michelle VolpePresident, Loan Fund & Ex-
Edward Dugger IiiBoard Member
Julie GouldBoard Member
Maria MaffeiBoard Member
Mercedes TompkinsBoard Member
Victor R RiveraBoard Member
Reverend James Walsh SjClerk of the Board
Sarah C LincolnTreasurer of the Board
Kathryn MchughSenior Loan Officer
Michael NillesSenior Loan Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mission CloudIt Network Support320 CONGRESS STREET, Boston, MA 02210$180,900
Locke LordLegal Services111 HUNTINGTON AVE, Boston, MA 02110$121,357
Alexander Aronson FinningAudit And Tax Services50 WASHINGTON ST, Westborough, MA 01581$104,890
Revenue and Support

Revenue Composition

Contributions and Grants
$65,161
Program Service Revenue
$2,333,722
Investment Income
$6,159
Other Revenue
$0
All Other Contributions
$65,161
Change in Net Assets
$696,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$978,776
Salaries, Compensation, and Employee Benefits$729,555
Total Fundraising Expense$41,209
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$175,762$204,079$10,741$390,582
Current Officers, Directors, Trustees, and Key Employees$150,798$175,095$9,215$335,108
Other Salaries and Wages$133,677$155,213$8,170$297,060
Fees for Services Legal-$189,251-$189,251
Depreciation Depletion$65,493$76,045$4,003$145,541
Fees for Services Other$42,304$49,121$2,585$94,010
Occupancy$30,641$35,578$1,872$68,091
Other Employee Benefits$23,423$27,196$1,431$52,050
Payroll Taxes$16,173$18,779$988$35,940
Insurance$11,812$13,715$721$26,248
Fees for Services Accounting-$20,515-$20,515
Travel$7,387$8,577$452$16,416
Pension Plan Contributions$4,229$4,910$258$9,397
Conferences and Meetings$4,085$4,743$249$9,077
Other Expenses$4,070$4,726$249$9,045
Total Functional Expenses$674,354$992,768$41,209$1,708,331
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$3,963,082
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The ceo, cfo, controller, and finance committee review the 990 before going to the board for approval.”

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

“The controller reviews the annual signed conflict of interest policies for any conflicts to be disclosed to the board. If conflicts arise, they are addressed accordingly.”

Form 990, Part VI, Section B, Line 15

“Every few years, a salary survey of the industry is performed to ensure that the organization's salary expenses are reasonable. The executive committee of the board meets to set the salary ranges for all positions and to approve the ceo's compensation for the year. The executive committee keeps minutes of each meeting.”

Form 990, Part VI, Section C, Line 19

“The financial statements are available on the organization's website. Governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Bluehub Capital Inc
EIN
04-3246555
Phone
6174278600
Address
10 MALCOLM X BOULEVARD GROUND FLOOR, BOSTON, MA 02119

Signing Officer

Name
Lisa Zappala
Title
Chief Financial Officer
Phone
6174278600
Signed
2019-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Zappala
Formed
1994
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
8
Employees
53
Volunteers
8

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Thomas Washburn CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Share of wegowise loss -1,498,306. Equity transfers 880.”

FORM 990, PART XII, LINE 2C:

“The board of directors and cfo are responsible for the review of the audited financial statements and selection of an independent auditor.”

Financial Statement Notes

PART IV, LINE 2B:

“The holding company and nsp held a cash balance of $4,931,647 in escrow for outside parties as of 12/31/18, of which $4,830,087 is reserve money held by holding company for federal reserve bank of boston and the rest of $101,560 is customer deposits held by nsp for purchases of properties.”

PART X, LINE 2:

“The corporation and its operating affiliates account for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidated financial statements regarding a tax position taken or expected to be taken in a tax return. The corporation has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidated financial statements at december 31, 2018.”

Raw XML AppendixShowing 400 of 1,145 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0783956
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0763196
IRS990/AccountsReceivableGrp/BOYAmt05308
IRS990/AccountsReceivableGrp/EOYAmt05049
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE BELOW MARKET RATE CAPITAL TO COMMUNITY BASED ORGANIZATIONS FOR DEVELOPMENT OF AFFORDABLE HOUSING AND TO PROVIDE BROADER COMMUNITY LENDING THAT DIRECTLY OR INDIRECTLY BENEFITS LOW INCOME OR DISADVANTAGED PEOPLE OR COMMUNITIES.
IRS990/AdvertisingGrp/FundraisingAmt010741
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0204079
IRS990/AdvertisingGrp/ProgramServicesAmt0175762
IRS990/AdvertisingGrp/TotalAmt0390582
IRS990/AllOtherContributionsAmt065161
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0E MATTHEW GAUTIERI CONTROLLER
IRS990/BooksInCareOfDetail/PhoneNum06174278600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010 MALCOLM X BLVD GROUND FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002119
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt04617831
IRS990/CashNonInterestBearingGrp/EOYAmt07457058
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09215
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0175095
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0150798
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0335108
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt0249
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04743
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04085
IRS990/ConferencesMeetingsGrp/TotalAmt09077
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0180900
IRS990/ContractorCompensationGrp/CompensationAmt1121357
IRS990/ContractorCompensationGrp/CompensationAmt2104890
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0320 CONGRESS STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1111 HUNTINGTON AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt250 WASHINGTON ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2WESTBOROUGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002210
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd102110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd201581
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MISSION CLOUD
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1LOCKE LORD
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ALEXANDER ARONSON FINNING
IRS990/ContractorCompensationGrp/ServicesDesc0IT NETWORK SUPPORT
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2AUDIT AND TAX SERVICES
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt065161
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06159
IRS990/CYOtherExpensesAmt0978776
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02333722
IRS990/CYRevenuesLessExpensesAmt0696711
IRS990/CYSalariesCompEmpBnftPaidAmt0729555
IRS990/CYTotalExpensesAmt01708331
IRS990/CYTotalFundraisingExpenseAmt041209
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02405042
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt04003
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt076045
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065493
IRS990/DepreciationDepletionGrp/TotalAmt0145541
IRS990/Desc0BLUEHUB CAPITAL WAS FORMED AS A HOLDING COMPANY THAT OVERSEES ADMINISTRATION, FINANCE, HUMAN RESOURCES, AND INVESTOR RELATIONS FOR THE ORGANIZATION AND ITS AFFILIATES. THE HOLDING COMPANY HAS ACTED AS DEVELOPER FOR ALL SOLAR ENERGY PROJECTS OWNED AND OPERATED TO DATE BY SOLAR ENERGY ADVANTAGE, INC., A CORPORATION WHICH IT OWNS 100% (SEE SCHEDULE R) AND HAS EARNED DEVELOPER FEES FOR THESE SERVICES. THESE DEVELOPER FEES FOR ALL FUTURE PROJECTS ARE NOW EARNED BY SOLAR ENERGY ADVANTAGE INC. DIRECTLY AND WILL NO LONGER BE INCLUDED ON SCHEDULE R.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt053
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt04189145
IRS990/EscrowAccountLiabilityGrp/EOYAmt04931647
IRS990/ExpenseAmt0583213
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020515
IRS990/FeesForServicesAccountingGrp/TotalAmt020515
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0189251
IRS990/FeesForServicesLegalGrp/TotalAmt0189251
IRS990/FeesForServicesOtherGrp/FundraisingAmt02585
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt049121
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt042304
IRS990/FeesForServicesOtherGrp/TotalAmt094010
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt334.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt103.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1137.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1336.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1632.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt36.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt134.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt168.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt132478
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320606
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt727185
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1111071
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1229928
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1327957
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1433228
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1533355
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1613215
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm1DEWITT JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2EDWARD DUGGER III
IRS990/Form990PartVIISectionAGrp/PersonNm3ELYSE CHERRY
IRS990/Form990PartVIISectionAGrp/PersonNm4JULIE GOULD
IRS990/Form990PartVIISectionAGrp/PersonNm5MARIA MAFFEI
IRS990/Form990PartVIISectionAGrp/PersonNm6MERCEDES TOMPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHELLE VOLPE
IRS990/Form990PartVIISectionAGrp/PersonNm8REVEREND JAMES WALSH SJ
IRS990/Form990PartVIISectionAGrp/PersonNm9SARAH C LINCOLN
IRS990/Form990PartVIISectionAGrp/PersonNm10VICTOR R RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm11LISA ZAPPALA
IRS990/Form990PartVIISectionAGrp/PersonNm12E MATTHEW GAUTIERI
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSAN RIVERS
IRS990/Form990PartVIISectionAGrp/PersonNm14KATHRYN MCHUGH
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL NILLES
IRS990/Form990PartVIISectionAGrp/PersonNm16SHARON SHEPARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt156708
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3184201
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1180853
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1273889
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1392641
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16105196
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1321347
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3552602
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7316064
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11188658
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12150018
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13138963
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14194741
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15199115
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16315589
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VP & EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO & EX-OFFICIO BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT, LOAN FUND & EX-
IRS990/Form990PartVIISectionAGrp/TitleTxt8CLERK OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF COMMUNICATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02405042
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt018
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0721
IRS990/InsuranceGrp/ManagementAndGeneralAmt013715
IRS990/InsuranceGrp/ProgramServicesAmt011812
IRS990/InsuranceGrp/TotalAmt026248
IRS990/InvestmentIncomeGrp/ExclusionAmt06159
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06159
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04244431
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01620000
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0665347
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0851200
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0709976
IRS990/LandBldgEquipCostOrOtherBssAmt01375323
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE BELOW MARKET RATE CAPITAL TO COMMUNITY BASED ORGANIZATIONS FOR DEVELOPMENT OF AFFORDABLE HOUSING AND TO PROVIDE BROADER COMMUNITY LENDING THAT DIRECTLY OR INDIRECTLY BENEFITS LOW INCOME OR DISADVANTAGED PEOPLE OR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09693903
IRS990/NetAssetsOrFundBalancesEOYAmt08893188
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01872
IRS990/OccupancyGrp/ManagementAndGeneralAmt035578
IRS990/OccupancyGrp/ProgramServicesAmt030641
IRS990/OccupancyGrp/TotalAmt068091
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09973235
IRS990/OtherAssetsTotalGrp/EOYAmt08194814
IRS990/OtherChangesInNetAssetsAmt0-1497426
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01431
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027196
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023423
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052050
IRS990/OtherExpensesGrp/Desc0FINANCING FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0275
IRS990/OtherExpensesGrp/FundraisingAmt1249
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05225
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14726
IRS990/OtherExpensesGrp/ProgramServicesAmt04500
IRS990/OtherExpensesGrp/ProgramServicesAmt14070
IRS990/OtherExpensesGrp/TotalAmt010000
IRS990/OtherExpensesGrp/TotalAmt19045
IRS990/OtherLiabilitiesGrp/BOYAmt05558945
IRS990/OtherLiabilitiesGrp/EOYAmt03963082
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08170
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0155213
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0133677
IRS990/OtherSalariesAndWagesGrp/TotalAmt0297060
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0988
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018779
IRS990/PayrollTaxesGrp/ProgramServicesAmt016173
IRS990/PayrollTaxesGrp/TotalAmt035940
IRS990/PensionPlanContributionsGrp/FundraisingAmt0258
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04910
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04229
IRS990/PensionPlanContributionsGrp/TotalAmt09397
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt097781
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0121894
IRS990/PrincipalOfficerNm0LISA ZAPPALA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02333722
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02333722
IRS990/ProgSrvcAccomActy2Grp/Desc0NSP RESIDENTIAL, LLC (NSP) WAS FORMED TO COMBAT COMMUNITY DETERIORATION AND IMPROVE GENERAL CONDITIONS WHERE LOW-INCOME PEOPLE LIVE AND WORK. NSP PURCHASES RESIDENTIAL PROPERTIES AND REHABILITATES THEM TO RENT OR SELL TO LOW-INCOME INDIVIDUALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt091141
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01084527
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt087144
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0166000
IRS990/PYInvestmentIncomeAmt018106
IRS990/PYOtherExpensesAmt01609360
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04938347
IRS990/PYRevenuesLessExpensesAmt02532001
IRS990/PYSalariesCompEmpBnftPaidAmt0736236
IRS990/PYTotalExpensesAmt02511596
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05043597
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0696711
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01249195
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0436163
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0442322
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt021545
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt021545
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010820
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0922650
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt01100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt02076560
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LOAN LOSS RECOVERIES - 2016 AMOUNT: $ 455,133. 2017 AMOUNT: $ 365,053. 2018 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt065161
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt087144
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt073535
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01121044

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
$18,551,113
Liabilities
$9,657,925
Net assets
$8,893,188
Revenue
$2,405,042
Expenses
$1,708,331
Net income
$696,711
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.1$4.56$11.6$2.37$1.31$1.06
2023Detailed filing. Detailed filing data is available for this year.$12.7$4.19$8.50$0.75$3.46$2.71
2022Detailed filing. Detailed filing data is available for this year.$16.1$4.94$11.2$3.01$3.29$0.27
2021Detailed filing. Detailed filing data is available for this year.$18.6$7.45$11.1$2.09$2.22$0.13
2020Detailed filing. Detailed filing data is available for this year.$22.0$10.7$11.2$2.12$2.06$0.06
2019Detailed filing. Detailed filing data is available for this year.$20.0$8.85$11.2$3.32$1.04$2.28
2018Detailed filing. Detailed filing data is available for this year.$18.6$9.66$8.89$2.41$1.71$0.70
2017Summary only. Only limited summary data is available for this year.$20.2$10.5$9.69$5.04$2.51$2.53
2016Detailed filing. Detailed filing data is available for this year.$34.6$27.5$7.16$3.18$2.67$0.51
2015Detailed filing. Detailed filing data is available for this year.$23.7$17.1$6.65$3.39$2.23$1.16
2014Detailed filing. Detailed filing data is available for this year.$12.8$7.32$5.49$3.53$1.80$1.73
2013Detailed filing. Detailed filing data is available for this year.$6.25$2.49$3.76$2.79$1.89$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.86$2.99$2.86$2.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.84$1.35$3.50$1.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.65$3.64$1.34