Civic Intelligence

Mission Springs Housing for The

EIN 04-3272953 • 501(c)3 • Boston, MA

Profile

To provide affordable housing for the elderly.

33 Arch Street Ste 1000 10th FLBoston, MA 02110

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.64x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

35th percentile

-1.2%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.0%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,084,261

Down $49,006 (-1.2%) from 2023

Liabilities

Down

$617,081

Down $54,292 (-8.1%) from 2023

Net Assets

Up

$3,467,180

Up $5,286 (+0.2%) from 2023

Revenue

Up

$962,958

Up $62,666 (+7.0%) from 2023

Expenses

Up

$957,672

Up $56,662 (+6.3%) from 2023

Net Income

Up

$5,286

Up $6,004 (+836%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $5,168,023Liabilities 2010: $577,568Net Assets 2010: $4,590,4552010Assets 2011: $5,085,608Liabilities 2011: $561,171Net Assets 2011: $4,524,4372011Assets 2012: $4,985,646Liabilities 2012: $564,522Net Assets 2012: $4,421,1242012Assets 2013: $4,870,356Liabilities 2013: $573,914Net Assets 2013: $4,296,4422013Assets 2014: $4,778,310Liabilities 2014: $647,026Net Assets 2014: $4,131,2842014Assets 2015: $4,590,866Liabilities 2015: $583,782Net Assets 2015: $4,007,0842015Assets 2016: $4,428,537Liabilities 2016: $570,448Net Assets 2016: $3,858,0892016Assets 2017: $4,326,992Liabilities 2017: $571,771Net Assets 2017: $3,755,2212017Assets 2018: $4,241,133Liabilities 2018: $611,622Net Assets 2018: $3,629,5112018Assets 2019: $4,179,294Liabilities 2019: $639,768Net Assets 2019: $3,539,5262019Assets 2020: $4,083,619Liabilities 2020: $591,542Net Assets 2020: $3,492,0772020Assets 2021: $4,092,259Liabilities 2021: $589,787Net Assets 2021: $3,502,4722021Assets 2022: $4,077,603Liabilities 2022: $614,991Net Assets 2022: $3,462,6122022Assets 2023: $4,133,267Liabilities 2023: $671,373Net Assets 2023: $3,461,8942023Assets 2024: $4,084,261Liabilities 2024: $617,081Net Assets 2024: $3,467,1802024

Highlighted filing

2024

Assets$4,084,261
Liabilities$617,081
Net Assets$3,467,180

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $704,2152010Revenue 2011: $628,568Expenses 2011: $694,586Net Income 2011: -$66,0182011Expenses 2012: $746,9682012Revenue 2013: $647,399Expenses 2013: $772,081Net Income 2013: -$124,6822013Revenue 2014: $687,666Expenses 2014: $852,824Net Income 2014: -$165,1582014Revenue 2015: $659,698Expenses 2015: $783,898Net Income 2015: -$124,2002015Revenue 2016: $665,594Expenses 2016: $814,589Net Income 2016: -$148,9952016Revenue 2017: $719,197Expenses 2017: $822,065Net Income 2017: -$102,8682017Revenue 2018: $746,797Expenses 2018: $872,507Net Income 2018: -$125,7102018Revenue 2019: $797,305Expenses 2019: $887,290Net Income 2019: -$89,9852019Revenue 2020: $825,429Expenses 2020: $872,878Net Income 2020: -$47,4492020Revenue 2021: $827,372Expenses 2021: $816,977Net Income 2021: $10,3952021Revenue 2022: $858,562Expenses 2022: $898,422Net Income 2022: -$39,8602022Revenue 2023: $900,292Expenses 2023: $901,010Net Income 2023: -$7182023Revenue 2024: $962,958Expenses 2024: $957,672Net Income 2024: $5,2862024

Highlighted filing

2024

Revenue$962,958
Expenses$957,672
Net Income$5,286

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.62$3.47$0.96$0.96$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.13$0.67$3.46$0.90$0.90$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.61$3.46$0.86$0.90$0.04
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.09$0.59$3.50$0.83$0.82$0.01
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.08$0.59$3.49$0.83$0.87$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.64$3.54$0.80$0.89$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.61$3.63$0.75$0.87$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.33$0.57$3.76$0.72$0.82$0.10
2016Detailed filing. Detailed filing data is available for this year.$4.43$0.57$3.86$0.67$0.81$0.15
2015Detailed filing. Detailed filing data is available for this year.$4.59$0.58$4.01$0.66$0.78$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.78$0.65$4.13$0.69$0.85$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$0.57$4.30$0.65$0.77$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.56$4.42$0.75
2011Summary only. Only limited summary data is available for this year.$5.09$0.56$4.52$0.63$0.69$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$0.58$4.59$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$962,958
Mission and Program Overview

Mission

To provide affordable housing for the elderly.

Provide affordable housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,226,815$3,059,555▼ $167,260
Prepaid Expenses and Deferred Charges$35,086$41,223▲ $6,137
Cash and Non-Interest-Bearing Accounts$8,350$3,914▼ $4,436
Accounts Receivable$60,241$537▼ $59,704
Total Assets$4,133,267$4,084,261▼ $49,006
Other Assets Total$802,775$979,032▲ $176,257
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$500,000→ $0
Accounts Payable and Accrued Expenses$132,538$78,043▼ $54,495
Escrow Account Liability$34,810$36,548▲ $1,738
Deferred Revenue$4,025$2,490▼ $1,535
Total Liabilities$671,373$617,081▼ $54,292
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,461,894$3,467,180▲ $5,286
Total Net Assets Fund Balance$3,461,894$3,467,180▲ $5,286
Total Liabilities and Net Assets / Fund Balance$4,133,267$4,084,261▼ $49,006

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,458,719$4,614,073$7,072,792
Land$600,000-$600,000
Equipment$836$101,743$102,579
Other Assets Org$21,959--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Allen GoldbergPresident
Suzanne ShannahanVice President
Jeffrey LelandDirector
Joel BaumanDirector
Jonathan JuhlDirector
Martha CummingsClerk
John DohertyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Community Builders INCManagement Services185 DARTMOUTH STREET, Boston, MA 02116$271,765
Revenue and Support

Revenue Composition

Contributions and Grants
$516,743
Program Service Revenue
$434,386
Investment Income
$2,716
Other Revenue
$9,113
Change in Net Assets
$5,286

Audited Revenue Reconciliation

Revenue per Audited Statements
$962,958
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$962,958
Total Revenue per Form 990
$962,958
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$957,672
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$369,220--$369,220
Depreciation Depletion$201,450--$201,450
Fees for Services Other$180,313--$180,313
Fees for Services Management-$79,993-$79,993
Office Expenses$36,169--$36,169
Fees for Services Accounting-$15,578-$15,578
Fees for Services Legal$634--$634
Interest$506--$506
Other Expenses$250--$250
Advertising$143--$143
Total Functional Expenses$862,101$95,571$0$957,672

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$957,672
Total Expenses per Audited Statements$957,672
Total Expenses per Form 990$957,672
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The project is managed by the community builders, inc. The corporation incurred a management fee of $79,993 for the year ended august 31, 2024. The management fee is equal to 8.45% of effective gross income. The agreement is in effect until canceled by hud, the corporation or the sponsor agency.

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

An officer of management company - the community builders, inc reviews the 990. It is the provided to the full board prior to filing.

Form 990, Part VI, Section B, Line 15

Currently the officers, key employees and directors receive no compensation from the organization or from related organizations. If and when the officers or key employees are compensated it will be reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Mission Springs Housing for the
EIN
04-3272953
Phone
8572218600
Address
33 ARCH STREET STE 1000 10TH FL, BOSTON, MA 02110

Signing Officer

Name
John Doherty
Title
Treasurer
Phone
8572218600
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allen Goldberg
Formed
1995
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Cohnreznick Advisory LLC
Address
350 GRANITE STREET SUITE 1200, BRAINTREE, MA 02184
Preparer
Jolanta Tuck
Phone
7813803520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Management services: program service expenses 180,313. Management and general expenses 0. Fundraising expenses 0. Total expenses 180,313.

Financial Statement Notes

PART IV, LINE 2B:

The corporation has a policy to collect security deposits of up to one month's rent from tenants. The security deposits can be used to pay for damages caused by the tenant or used against unpaid receivables.

PART X, LINE 2:

Management has analyzed the tax positions taken by the corporation and has concluded that, as of august 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service ("irs") for a period of three years. While no income tax returns are currently being examined by the irs, fiscal years since 2021 remain open.

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.

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IRS990/OtherExpensesGrp/Desc1MISC TAXES, LICENSES, P
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IRS990/OtherExpensesGrp/ProgramServicesAmt1250
IRS990/OtherExpensesGrp/TotalAmt073416
IRS990/OtherExpensesGrp/TotalAmt1250
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08813
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08813
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1300
IRS990/OtherRevenueTotalAmt09113
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041223
IRS990/PrincipalOfficerNm0ALLEN GOLDBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0434386
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0434386
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0478496
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01608
IRS990/PYOtherExpensesAmt0901010
IRS990/PYOtherRevenueAmt011148
IRS990/PYProgramServiceRevenueAmt0409040
IRS990/PYRevenuesLessExpensesAmt0-718
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0901010
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0900292
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05286
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0443499
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0516743
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0478496
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0489474
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0469132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0452002
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02405847
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02716
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01608
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0129
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0128
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0103
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0434386
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0409040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0361156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0351117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0362206
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01917905
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02716
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01608
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0128
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04684
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt09113
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt011148
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07803
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06995
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011118
IRS990ScheduleA/OtherIncome509Grp/TotalAmt046177
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98840
IRS990ScheduleA/PublicSupportPY509Pct00.98880
IRS990ScheduleA/PublicSupportTotal509Amt04323752
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0951129
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0887536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0850630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0820249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0814208
IRS990ScheduleA/Total509Grp/TotalAmt04323752
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0962958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0900292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0858562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0827372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0825429
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04374613
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02458719
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04614073
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07072792
IRS990ScheduleD/EquipmentGrp/BookValueAmt0836
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101743
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0102579
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0957672
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0600000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0600000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt037294
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1919779
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt221959
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROWS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0962958
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS A POLICY TO COLLECT SECURITY DEPOSITS OF UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF AUGUST 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, FISCAL YEARS SINCE 2021 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03059555
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0979032
IRS990ScheduleD/TotalExpensesPerForm990Amt0957672
IRS990ScheduleD/TotalRevenuePerForm990Amt0962958
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0962958
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0957672
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS MANAGED BY THE COMMUNITY BUILDERS, INC. THE CORPORATION INCURRED A MANAGEMENT FEE OF $79,993 FOR THE YEAR ENDED AUGUST 31, 2024. THE MANAGEMENT FEE IS EQUAL TO 8.45% OF EFFECTIVE GROSS INCOME. THE AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION OR THE SPONSOR AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN OFFICER OF MANAGEMENT COMPANY - THE COMMUNITY BUILDERS, INC REVIEWS THE 990. IT IS THE PROVIDED TO THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CURRENTLY THE OFFICERS, KEY EMPLOYEES AND DIRECTORS RECEIVE NO COMPENSATION FROM THE ORGANIZATION OR FROM RELATED ORGANIZATIONS. IF AND WHEN THE OFFICERS OR KEY EMPLOYEES ARE COMPENSATED IT WILL BE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 180,313. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 180,313.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04133267
IRS990/TotalAssetsEOYAmt04084261
IRS990/TotalAssetsGrp/BOYAmt04133267
IRS990/TotalAssetsGrp/EOYAmt04084261
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0516743
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095571
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0862101
IRS990/TotalFunctionalExpensesGrp/TotalAmt0957672
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0671373
IRS990/TotalLiabilitiesEOYAmt0617081
IRS990/TotalLiabilitiesGrp/BOYAmt0671373
IRS990/TotalLiabilitiesGrp/EOYAmt0617081
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03461894
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03467180
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0862101
IRS990/TotalProgramServiceRevenueAmt0434386
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02716
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0443499
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0962958

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