Civic Intelligence

Worcester East Side Community Development Corporation

990 • Fiscal year 2024 • EIN 04-3280116

Jul 01, 2023 to Jun 30, 2024 • Filed on May 02, 2025

Organization Profilewww.worcestereastsidecdc.org

View Organization Page

85 Prescott Street 101Worcester, MA 01605

(508) 799-0322

Siviq Scores

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

Liabilities / Assets

96th percentile

1.19x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

12.41x

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

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

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

2024 filings • 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.

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

Asset Growth

27th percentile

-3.0%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

71st percentile

26%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,019,324

Down $91,898 (-3.0%) from 2023

Net Assets

Down

-$569,619

Down $115,239 (-25%) from 2023

Liabilities

Up

$3,588,943

Up $23,341 (+0.7%) from 2023

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin8th percentile

Revenue

Up

$289,217

Up $60,265 (+26%) from 2023

Expenses

Down

$404,456

Down $63,469 (-14%) from 2023

Net Income

Up

-$115,239

Up $123,734 (+52%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,168,921Liabilities 2010: $1,435,860Net Assets 2010: $1,733,0612010Assets 2011: $3,150,060Liabilities 2011: $1,350,116Net Assets 2011: $1,799,9442011Assets 2012: $2,954,041Liabilities 2012: $1,317,713Net Assets 2012: $1,636,3282012Assets 2013: $2,676,674Liabilities 2013: $1,338,413Net Assets 2013: $1,338,2612013Assets 2014: $2,663,117Liabilities 2014: $1,529,288Net Assets 2014: $1,133,8292014Assets 2015: $2,089,686Liabilities 2015: $1,292,500Net Assets 2015: $797,1862015Assets 2016: $2,000,015Liabilities 2016: $1,456,530Net Assets 2016: $543,4852016Assets 2017: $2,676,411Liabilities 2017: $2,329,857Net Assets 2017: $346,5542017Assets 2018: $4,123,029Liabilities 2018: $4,054,892Net Assets 2018: $68,1372018Assets 2019: $3,575,118Liabilities 2019: $3,904,294Net Assets 2019: -$329,1762019Assets 2020: $3,401,501Liabilities 2020: $3,869,346Net Assets 2020: -$467,8452020Assets 2021: $3,581,582Liabilities 2021: $4,059,138Net Assets 2021: -$477,5562021Assets 2022: $3,314,610Liabilities 2022: $3,530,017Net Assets 2022: -$215,4072022Assets 2023: $3,111,222Liabilities 2023: $3,565,602Net Assets 2023: -$454,3802023Assets 2024: $3,019,324Liabilities 2024: $3,588,943Net Assets 2024: -$569,6192024Assets 2025: $2,786,020Liabilities 2025: $3,413,405Net Assets 2025: -$627,3852025

Highlighted filing

2024

Assets$3,019,324
Liabilities$3,588,943
Net Assets-$569,619
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,440,5512010Expenses 2011: $1,220,4192011Expenses 2012: $611,6742012Revenue 2013: $236,713Expenses 2013: $534,779Net Income 2013: -$298,0662013Revenue 2014: $276,940Expenses 2014: $481,372Net Income 2014: -$204,4322014Revenue 2015: $162,007Expenses 2015: $498,650Net Income 2015: -$336,6432015Revenue 2016: $205,632Expenses 2016: $459,333Net Income 2016: -$253,7012016Revenue 2017: $208,427Expenses 2017: $402,368Net Income 2017: -$193,9412017Revenue 2018: $239,149Expenses 2018: $513,322Net Income 2018: -$274,1732018Revenue 2019: $313,853Expenses 2019: $708,076Net Income 2019: -$394,2232019Revenue 2020: $448,469Expenses 2020: $584,972Net Income 2020: -$136,5032020Revenue 2021: $556,381Expenses 2021: $566,092Net Income 2021: -$9,7112021Revenue 2022: $823,712Expenses 2022: $561,563Net Income 2022: $262,1492022Revenue 2023: $228,952Expenses 2023: $467,925Net Income 2023: -$238,9732023Revenue 2024: $289,217Expenses 2024: $404,456Net Income 2024: -$115,2392024Revenue 2025: $366,856Expenses 2025: $424,622Net Income 2025: -$57,7662025

Highlighted filing

2024

Revenue$289,217
Expenses$404,456
Net Income-$115,239
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 2, 2025
Return Version
2023v6.0
Gross Receipts
$289,217
Mission and Program Overview

Mission

To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,610,506$2,497,888▼ $112,618
Cash and Non-Interest-Bearing Accounts$246,638$270,377▲ $23,739
Prepaid Expenses and Deferred Charges$11,696$11,696→ $0
Accounts Receivable$3,019$0▼ $3,019
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,111,222$3,019,324▼ $91,898
Other Assets Total$239,363$239,363→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,547,438$3,566,081▲ $18,643
Accounts Payable and Accrued Expenses$8,438$16,898▲ $8,460
Other Liabilities$9,726$5,964▼ $3,762
Total Liabilities$3,565,602$3,588,943▲ $23,341
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,054$6,000▼ $2,054
Net Assets Without Donor Restrictions$-462,434$-575,619▼ $113,185
Total Net Assets Fund Balance$-454,380$-569,619▼ $115,239
Total Liabilities and Net Assets / Fund Balance$3,111,222$3,019,324▼ $91,898

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,839,739$577,238$2,416,977
Leasehold Improvements$533,011$437,526$970,537
Land$122,531-$122,531
Equipment$1,136$37,248$38,384
Other Land Buildings$1,471$12,269$13,740
Other Assets Org$239,363--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Colleen PappasPresident
Berkeley WlodarczakDirector
Elliot LinzDirector
Leah WilsonDirector
Deborah HallClerk
Debra BolzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,607
Program Service Revenue
$219,772
Investment Income
$838
Other Revenue
$0
All Other Contributions
$1,098
Change in Net Assets
$-115,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$355,749
Salaries, Compensation, and Employee Benefits$48,707
Total Fundraising Expense$939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$107,818$4,800-$112,618
Comp Disqual Persons$22,719$21,408$872$44,999
Fees for Services Accounting$5,865$15,894-$21,759
Insurance$14,957$4,986-$19,943
Other Expenses$18,637$1,034-$18,637
Fees for Services Management$14,407--$14,407
Interest$13,591--$13,591
Office Expenses$29$6,294-$6,323
All Other Expenses$3,714$250-$3,964
Payroll Taxes$1,679$1,752$67$3,498
Travel-$236-$236
Other Employee Benefits-$210-$210
Total Functional Expenses$346,653$56,864$939$404,456
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Rents$4,571
Tenant Security Deposits$1,393
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 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
No

Governance Explanations

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

“The completed form 990 is provided to the finance committee for review and it is then presented to the board for review and approval.”

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

“All potential issues are discussed at regular board meetings.”

Form 990, Part VI, Section B, Line 15A

“Annual review at board meeting including comparisons of compensation to other similar organizations.”

Form 990, Part VI, Section B, Line 15B

“Annual review at board meeting including comparisons of compensation to other similar organizations.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

FORM 990, Part VI, Section A, Line 6

“The 990 is reviewed at the board meeting.”

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

“The completed form 990 is provided to the finance committee for review and it is then presented to the board for review and approval”

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

“All potential issues are discussed at regular board meetings”

FORM 990, Part VI, Section B, Line 15

“Annual review at board meeting including comparisons of compensation to other similar organizations”

FORM 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Worcester East Side Community
EIN
04-3280116
Phone
5087990322
Address
85 Prescott Street 101, WORCESTER, MA 01605

Signing Officer

Name
N Paul Tonthat
Title
Executive Director
Signed
2025-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
N Paul Tonthat
Formed
1996
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Houssan & Ojerholm Pc
Address
333 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Michael E Houssan CPA
Phone
5087919501
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The finance committe is charged with the oversight and governance of the audit.”

Financial Statement Notes

Part X : FIN48 Footnote

“The FASB issued ASC 740-10, Income Taxes, based on FIN 48, Accounting for Uncertainty in Income Taxes as an interpretation of FASB Statement No. 109. ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entitys financial statements in accordance with Statement of Financial Accounting Standards No. 109, Accounting for Income Taxes. ASC 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position or expected to be taken in a tax return. In addition, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Organization does not have any material tax positions that require disclosure or recognition.”

Raw XML AppendixShowing 400 of 466 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08438
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016898
IRS990/AccountsReceivableGrp/BOYAmt03019
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt01098
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0250
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03714
IRS990/AllOtherExpensesGrp/TotalAmt03964
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0WORCESTER EAST SIDE CDC
IRS990/BooksInCareOfDetail/PhoneNum05087990322
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 PLEASANT STREET SUITE 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0WORCESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001609
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0246638
IRS990/CashNonInterestBearingGrp/EOYAmt0270377
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/FundraisingAmt0872
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt021408
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt022719
IRS990/CompDisqualPersonsGrp/TotalAmt044999
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt068607
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0838
IRS990/CYOtherExpensesAmt0355749
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0219772
IRS990/CYRevenuesLessExpensesAmt0-115239
IRS990/CYSalariesCompEmpBnftPaidAmt048707
IRS990/CYTotalExpensesAmt0404456
IRS990/CYTotalFundraisingExpenseAmt0939
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0289217
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04800
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0107818
IRS990/DepreciationDepletionGrp/TotalAmt0112618
IRS990/Desc0THE ORGANIZATION PROVIDES COUNSELING, CASE MANAGEMENT, BENEFITS ADVISEMENT, OUTREACH, FOOD PANTRY, MEDICAL TRANSPORTATION, PERMANENTAND TRANSITIONAL HOUSING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt08054
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt06000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0346653
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015894
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05865
IRS990/FeesForServicesAccountingGrp/TotalAmt021759
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt014407
IRS990/FeesForServicesManagementGrp/TotalAmt014407
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0COLLEEN PAPPAS
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBRA BOLZ
IRS990/Form990PartVIISectionAGrp/PersonNm2DEBORAH HALL
IRS990/Form990PartVIISectionAGrp/PersonNm3ELLIOT LINZ
IRS990/Form990PartVIISectionAGrp/PersonNm4BERKELEY WLODARCZAK
IRS990/Form990PartVIISectionAGrp/PersonNm5LEAH WILSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt067509
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0289217
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt04986
IRS990/InsuranceGrp/ProgramServicesAmt014957
IRS990/InsuranceGrp/TotalAmt019943
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt013591
IRS990/InterestGrp/TotalAmt013591
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0838
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0838
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01064281
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02610506
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02497888
IRS990/LandBldgEquipCostOrOtherBssAmt03562169
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03547438
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03566081
IRS990/NetAssetsOrFundBalancesBOYAmt0-454380
IRS990/NetAssetsOrFundBalancesEOYAmt0-569619
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-462434
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-575619
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06294
IRS990/OfficeExpensesGrp/ProgramServicesAmt029
IRS990/OfficeExpensesGrp/TotalAmt06323
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0239363
IRS990/OtherAssetsTotalGrp/EOYAmt0239363
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0210
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0210
IRS990/OtherExpensesGrp/Desc0SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01034
IRS990/OtherExpensesGrp/ProgramServicesAmt059970
IRS990/OtherExpensesGrp/ProgramServicesAmt143701
IRS990/OtherExpensesGrp/ProgramServicesAmt239566
IRS990/OtherExpensesGrp/ProgramServicesAmt318637
IRS990/OtherExpensesGrp/TotalAmt059970
IRS990/OtherExpensesGrp/TotalAmt143701
IRS990/OtherExpensesGrp/TotalAmt240600
IRS990/OtherExpensesGrp/TotalAmt318637
IRS990/OtherLiabilitiesGrp/BOYAmt09726
IRS990/OtherLiabilitiesGrp/EOYAmt05964
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt067
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01752
IRS990/PayrollTaxesGrp/ProgramServicesAmt01679
IRS990/PayrollTaxesGrp/TotalAmt03498
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011696
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011696
IRS990/PrincipalOfficerNm0N PAUL TONTHAT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0219772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0219772
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt044933
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt043280
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0257924
IRS990/PYProgramServiceRevenueAmt0219740
IRS990/PYRevenuesLessExpensesAmt0-86205
IRS990/PYSalariesCompEmpBnftPaidAmt0136234
IRS990/PYTotalExpensesAmt0394158
IRS990/PYTotalRevenueAmt0307953
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-115239
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0219772
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt068607
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044933
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0584335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0339545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0138075
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01175495
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0838
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0156
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0373
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0219772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0262651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0239308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0216680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0221760
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01160171
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0838
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0156
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0373
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01805
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06821
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06821
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99600
IRS990ScheduleA/PublicSupportTotal509Amt02335666
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0288379
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0307584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0823643
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0556225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0359835
IRS990ScheduleA/Total509Grp/TotalAmt02335666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0289217
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0307953
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0823712
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0556381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0367029
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02344292
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01839739
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0577238
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02416977
IRS990ScheduleD/EquipmentGrp/BookValueAmt01136
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037248
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038384
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0122531
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0122531
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0533011
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0437526
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0970537
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0239363
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Progress
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01471
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012269
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11393
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The FASB issued ASC 740-10, Income Taxes, based on FIN 48, Accounting for Uncertainty in Income Taxes as an interpretation of FASB Statement No. 109. ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entitys financial statements in accordance with Statement of Financial Accounting Standards No. 109, Accounting for Income Taxes. ASC 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position or expected to be taken in a tax return. In addition, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Organization does not have any material tax positions that require disclosure or recognition.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02497888
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0239363
IRS990ScheduleD/TotalLiabilityAmt05964
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND IT IS THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL POTENTIAL ISSUES ARE DISCUSSED AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL REVIEW AT BOARD MEETING INCLUDING COMPARISONS OF COMPENSATION TO OTHER SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REVIEW AT BOARD MEETING INCLUDING COMPARISONS OF COMPENSATION TO OTHER SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FINANCE COMMITTE IS CHARGED WITH THE OVERSIGHT AND GOVERNANCE OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 990 IS REVIEWED AT THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND IT IS THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALL POTENTIAL ISSUES ARE DISCUSSED AT REGULAR BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ANNUAL REVIEW AT BOARD MEETING INCLUDING COMPARISONS OF COMPENSATION TO OTHER SIMILAR ORGANIZATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,019,324
Liabilities
$3,588,943
Net assets
-$569,619
Revenue
$289,217
Expenses
$404,456
Net income
-$115,239
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.79$3.41$0.63$0.37$0.42$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.02$3.59$0.57$0.29$0.40$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.11$3.57$0.45$0.23$0.47$0.24
2022Detailed filing. Detailed filing data is available for this year.$3.31$3.53$0.22$0.82$0.56$0.26
2021Detailed filing. Detailed filing data is available for this year.$3.58$4.06$0.48$0.56$0.57$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.40$3.87$0.47$0.45$0.58$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.58$3.90$0.33$0.31$0.71$0.39
2018Detailed filing. Detailed filing data is available for this year.$4.12$4.05$0.07$0.24$0.51$0.27
2017Detailed filing. Detailed filing data is available for this year.$2.68$2.33$0.35$0.21$0.40$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.00$1.46$0.54$0.21$0.46$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.09$1.29$0.80$0.16$0.50$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.66$1.53$1.13$0.28$0.48$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$1.34$1.34$0.24$0.53$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$1.32$1.64$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$1.35$1.80$1.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$1.44$1.73$2.44