Civic Intelligence

Southeastern Massachusetts Affordable Housing Corporation

990 • Fiscal year 2023 • EIN 04-3322638

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 07, 2024

Organization ProfileN/A
45 Goddard RoadBrockton, MA 02301

(508) 588-6880

Siviq Scores

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

Liabilities / Assets

74th percentile

0.39x

Higher debt load relative to assets than 74% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

2.62x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

81st percentile

27%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

41st percentile

2.5%

Faster asset growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

31%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$6,109,593

Up $151,876 (+2.5%) from 2022

Net Assets

Up

$3,723,237

Up $248,155 (+7.1%) from 2022

Liabilities

Down

$2,386,356

Down $96,279 (-3.9%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin81st percentile

Revenue

Up

$910,378

Up $215,552 (+31%) from 2022

Expenses

Down

$662,223

Down $39,952 (-5.7%) from 2022

Net Income

Up

$248,155

Up $255,504 (+3477%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,587,958Liabilities 2010: $2,968,319Net Assets 2010: $1,619,6392010Assets 2011: $5,133,891Liabilities 2011: $3,068,526Net Assets 2011: $2,065,3652011Assets 2012: $5,776,485Liabilities 2012: $3,180,802Net Assets 2012: $2,595,6832012Assets 2013: $6,367,344Liabilities 2013: $3,125,248Net Assets 2013: $3,242,0962013Assets 2014: $6,183,639Liabilities 2014: $3,005,923Net Assets 2014: $3,177,7162014Assets 2015: $5,996,900Liabilities 2015: $2,836,008Net Assets 2015: $3,160,8922015Assets 2016: $6,233,653Liabilities 2016: $3,111,930Net Assets 2016: $3,121,7232016Assets 2017: $6,048,977Liabilities 2017: $2,944,467Net Assets 2017: $3,104,5102017Assets 2018: $6,246,160Liabilities 2018: $3,083,891Net Assets 2018: $3,162,2692018Assets 2019: $6,109,387Liabilities 2019: $2,740,443Net Assets 2019: $3,368,9442019Assets 2020: $6,130,674Liabilities 2020: $2,632,991Net Assets 2020: $3,497,6832020Assets 2021: $6,074,909Liabilities 2021: $2,592,478Net Assets 2021: $3,482,4312021Assets 2022: $5,957,717Liabilities 2022: $2,482,635Net Assets 2022: $3,475,0822022Assets 2023: $6,109,593Liabilities 2023: $2,386,356Net Assets 2023: $3,723,2372023Assets 2024: $6,284,033Liabilities 2024: $2,335,458Net Assets 2024: $3,948,5752024

Highlighted filing

2023

Assets$6,109,593
Liabilities$2,386,356
Net Assets$3,723,237
Open 2023 Filing

Operations Trend

Revenue Growth78th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $217,9362010Expenses 2011: $316,5512011Expenses 2012: $442,0822012Revenue 2013: $1,142,350Expenses 2013: $495,937Net Income 2013: $646,4132013Revenue 2014: $1,096,265Expenses 2014: $1,060,643Net Income 2014: $35,6222014Revenue 2015: $622,260Expenses 2015: $639,084Net Income 2015: -$16,8242015Revenue 2016: $602,008Expenses 2016: $641,177Net Income 2016: -$39,1692016Revenue 2017: $585,524Expenses 2017: $602,737Net Income 2017: -$17,2132017Revenue 2018: $645,718Expenses 2018: $587,960Net Income 2018: $57,7582018Revenue 2019: $883,355Expenses 2019: $676,680Net Income 2019: $206,6752019Revenue 2020: $771,791Expenses 2020: $643,052Net Income 2020: $128,7392020Revenue 2021: $566,801Expenses 2021: $582,053Net Income 2021: -$15,2522021Revenue 2022: $694,826Expenses 2022: $702,175Net Income 2022: -$7,3492022Revenue 2023: $910,378Expenses 2023: $662,223Net Income 2023: $248,1552023Revenue 2024: $948,931Expenses 2024: $723,593Net Income 2024: $225,3382024

Highlighted filing

2023

Revenue$910,378
Expenses$662,223
Net Income$248,155
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 7, 2024
Return Version
2023v5.0
Gross Receipts
$910,378
Mission and Program Overview

Mission

Provide housing for low to moderate income people as defined by the department of housing and urban development.

Provide housing for low to moderate income people as defined by the department of housing and urban development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,900,490$4,781,958▼ $118,532
Rtn Earn Endowment Incm Other Fnds$3,475,082$3,723,237▲ $248,155
Cash and Non-Interest-Bearing Accounts$975,584$1,125,283▲ $149,699
Accounts Receivable$45,494$165,409▲ $119,915
Prepaid Expenses and Deferred Charges$36,149$36,943▲ $794
Total Assets$5,957,717$6,109,593▲ $151,876
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,453,389$2,360,067▼ $93,322
Accounts Payable and Accrued Expenses$22,930$26,227▲ $3,297
Deferred Revenue$6,316$62▼ $6,254
Total Liabilities$2,482,635$2,386,356▼ $96,279
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,475,082$3,723,237▲ $248,155
Total Liabilities and Net Assets / Fund Balance$5,957,717$6,109,593▲ $151,876

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,577,742$2,193,681$5,771,423
Land$1,204,216-$1,204,216
Other Land Buildings-$29,347$29,347
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Richard OlsonPresident
Allyne PecevichDirector
Carol RobertsDirector
Fred WelshDirector
Gerard NadeauDirector
Jeanette CayerDirector
John McgarryDirector
Kimberly LundinDirector
LINDA O'MALLEYDirector
Linda Kenney LoganDirector
Susan HasomerisDirector
Timothy SullivanDirector
John McgarryClerk
Thomas ThibeaultExecutive Di
David TeixeiraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$860,814
Investment Income
$49,564
Other Revenue
$0
Change in Net Assets
$248,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$910,378
Total Revenue per Audited Statements
$910,378
Total Revenue per Form 990
$910,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$662,223
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$196,389--$196,389
Depreciation Depletion$187,571--$187,571
Fees for Services Management-$100,502-$100,502
Interest$69,887--$69,887
Insurance$64,700--$64,700
Office Expenses-$19,422-$19,422
Fees for Services Accounting-$16,300-$16,300
Fees for Services Legal-$6,365-$6,365
Travel-$1,087-$1,087
Total Functional Expenses$518,547$143,676$0$662,223

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$662,223
Total Expenses per Audited Statements$662,223
Total Expenses per Form 990$662,223
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization entered into a management agreement with the brockton housing authorituy (bha) under which bha will provide both ongoing operating management services and construction management services to the organization. Under the terms of the agreement, the organization will pay a management fee equal to 11% of gross revenue with the rest of dwelling units. A portion of the fee, 4%. Is guaranteed; 2% is only payable out of the net cash flow as defined. The remaining 5%, the incentive fee, is also payable out of net cash flow. However, if there is insufficient net cash flow for the year to pay the incentive fee, such fee will not accumulate or be considered due and owing.”

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

“A committee of the board of directors reviews form 990. The financial data on form 990 is reconciled to the financial information on the audited financial statements. The non-financial information, such as questions concerning governance, policies, and tax compliance are reviewed to ensure that they are accurate. Consideration is given as to the completeness of unrelated business income if any.”

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

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committee with governing board delegated powers considering the proposed transaction or arrangement”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available for inspection by the public at the organizations offices during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Southeastern Massachusetts Affordab
EIN
04-3322638
Phone
5085886880
Address
45 GODDARD ROAD, BROCKTON, MA 02301

Signing Officer

Name
Thomas Thibeault
Title
Executive Director
Phone
5085886880
Signed
2024-10-07

Organization Details

Principal Officer
Thomas Thibeault
Formed
1996
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
10
Employees
0

Preparer

Firm
Rector Reeder & Lofton Pc
Address
623 TOM BREWER ROAD, LOGANVILLE, GA 30052-4042
Preparer
Michael K Ozment CPA
Phone
7708798411
Raw XML Appendix390 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/PrincipalOfficerNm0THOMAS THIBEAULT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DWELLING RENT
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0826043
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0826043
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134771
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0392075
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014210
IRS990/PYOtherExpensesAmt0702175
IRS990/PYProgramServiceRevenueAmt0288541
IRS990/PYRevenuesLessExpensesAmt0-7349
IRS990/PYTotalExpensesAmt0702175
IRS990/PYTotalRevenueAmt0694826
IRS990/ReconcilationRevenueExpnssAmt0248155
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0860814
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03475082
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03723237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0392075
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0395357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0406258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0665145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01858835
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014210
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01169
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04797
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010899
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt031075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0910378
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0302751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0170275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0188569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0207311
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01779284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014210
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04797
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010899
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt031075
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99150
IRS990ScheduleA/PublicSupportPY509Pct00.99040
IRS990ScheduleA/PublicSupportTotal509Amt03638119
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0910378
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0694826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0565632
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0594827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0872456
IRS990ScheduleA/Total509Grp/TotalAmt03638119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0910378
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0709036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0566801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0599624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0883355
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03669194
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03577742
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02193681
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05771423
IRS990ScheduleD/ExpensesSubtotalAmt0662223
IRS990ScheduleD/LandGrp/BookValueAmt01204216
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01204216
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029347
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029347
IRS990ScheduleD/RevenueSubtotalAmt0910378
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04781958
IRS990ScheduleD/TotalExpensesPerForm990Amt0662223
IRS990ScheduleD/TotalRevenuePerForm990Amt0910378
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0910378
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0662223
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH THE BROCKTON HOUSING AUTHORITUY (BHA) UNDER WHICH BHA WILL PROVIDE BOTH ONGOING OPERATING MANAGEMENT SERVICES AND CONSTRUCTION MANAGEMENT SERVICES TO THE ORGANIZATION. UNDER THE TERMS OF THE AGREEMENT, THE ORGANIZATION WILL PAY A MANAGEMENT FEE EQUAL TO 11% OF GROSS REVENUE WITH THE REST OF DWELLING UNITS. A PORTION OF THE FEE, 4%. IS GUARANTEED; 2% IS ONLY PAYABLE OUT OF THE NET CASH FLOW AS DEFINED. THE REMAINING 5%, THE INCENTIVE FEE, IS ALSO PAYABLE OUT OF NET CASH FLOW. HOWEVER, IF THERE IS INSUFFICIENT NET CASH FLOW FOR THE YEAR TO PAY THE INCENTIVE FEE, SUCH FEE WILL NOT ACCUMULATE OR BE CONSIDERED DUE AND OWING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS FORM 990. THE FINANCIAL DATA ON FORM 990 IS RECONCILED TO THE FINANCIAL INFORMATION ON THE AUDITED FINANCIAL STATEMENTS. THE NON-FINANCIAL INFORMATION, SUCH AS QUESTIONS CONCERNING GOVERNANCE, POLICIES, AND TAX COMPLIANCE ARE REVIEWED TO ENSURE THAT THEY ARE ACCURATE. CONSIDERATION IS GIVEN AS TO THE COMPLETENESS OF UNRELATED BUSINESS INCOME IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC AT THE ORGANIZATIONS OFFICES DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05957717
IRS990/TotalAssetsEOYAmt06109593
IRS990/TotalAssetsGrp/BOYAmt05957717
IRS990/TotalAssetsGrp/EOYAmt06109593
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0143676
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0518547
IRS990/TotalFunctionalExpensesGrp/TotalAmt0662223
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02482635
IRS990/TotalLiabilitiesEOYAmt02386356
IRS990/TotalLiabilitiesGrp/BOYAmt02482635
IRS990/TotalLiabilitiesGrp/EOYAmt02386356
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03475082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03723237
IRS990/TotalProgramServiceExpensesAmt0518547
IRS990/TotalProgramServiceRevenueAmt0860814
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0910378
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0910378
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05957717
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06109593
IRS990/TravelGrp/ManagementAndGeneralAmt01087
IRS990/TravelGrp/TotalAmt01087
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS THIBEAULT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05085886880
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHEASTERN MASSACHUSETTS AFFORDAB
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0043322638
ReturnHeader/Filer/PhoneNum05085886880
ReturnHeader/Filer/USAddress/AddressLine1Txt045 GODDARD ROAD
ReturnHeader/Filer/USAddress/CityNm0BROCKTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002301
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263670494
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RECTOR REEDER & LOFTON PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0623 TOM BREWER ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOGANVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300524042
ReturnHeader/PreparerPersonGrp/PhoneNum07708798411
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL K OZMENT CPA
ReturnHeader/ReturnTs02024-10-15T10:41:28-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,109,593
Liabilities
$2,386,356
Net assets
$3,723,237
Revenue
$910,378
Expenses
$662,223
Net income
$248,155
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$2.34$3.95$0.95$0.72$0.23
2023Detailed filing. Detailed filing data is available for this year.$6.11$2.39$3.72$0.91$0.66$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.96$2.48$3.48$0.69$0.70$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.07$2.59$3.48$0.57$0.58$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.13$2.63$3.50$0.77$0.64$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$2.74$3.37$0.88$0.68$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.25$3.08$3.16$0.65$0.59$0.06
2017Detailed filing. Detailed filing data is available for this year.$6.05$2.94$3.10$0.59$0.60$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$3.11$3.12$0.60$0.64$0.04
2015Detailed filing. Detailed filing data is available for this year.$6.00$2.84$3.16$0.62$0.64$0.02
2014Detailed filing. Detailed filing data is available for this year.$6.18$3.01$3.18$1.10$1.06$0.04
2013Detailed filing. Detailed filing data is available for this year.$6.37$3.13$3.24$1.14$0.50$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.78$3.18$2.60$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$3.07$2.07$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$2.97$1.62$0.22
Peer Organizations

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