Civic Intelligence

Massdevelopment Hefa Trust

990 • Fiscal year 2016 • EIN 04-3379905

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 03, 2016

Organization ProfileN/A
99 High StreetBoston, MA 02110

(617) 330-2000

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

10th percentile

0.02x

Higher debt load relative to revenue than 10% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

2nd percentile

-228%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

20th percentile

-4.3%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

80%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets6th percentile

Assets

Down

$10,385,804

Down $472,032 (-4.3%) from 2015

Net Assets

Down

$10,381,782

Down $390,819 (-3.6%) from 2015

Liabilities

Down

$4,022

Down $81,213 (-95%) from 2015

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin2nd percentile

Revenue

Up

$171,050

Up $76,024 (+80%) from 2015

Expenses

Down

$561,869

Down $37,428 (-6.2%) from 2015

Net Income

Up

-$390,819

Up $113,452 (+22%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$15M$10M$5.0M$0Assets 2011: $11,965,093Liabilities 2011: $22,059Net Assets 2011: $11,943,0342011Assets 2012: $11,757,811Liabilities 2012: $16,241Net Assets 2012: $11,741,5702012Assets 2013: $11,489,648Liabilities 2013: $3,803Net Assets 2013: $11,485,8452013Assets 2014: $11,280,750Liabilities 2014: $3,877Net Assets 2014: $11,276,8732014Assets 2015: $10,857,836Liabilities 2015: $85,235Net Assets 2015: $10,772,6012015Assets 2016: $10,385,804Liabilities 2016: $4,022Net Assets 2016: $10,381,7822016Assets 2017: $9,861,633Liabilities 2017: $3,949Net Assets 2017: $9,857,6842017Assets 2018: $9,311,297Liabilities 2018: $10,742Net Assets 2018: $9,300,5552018Assets 2019: $9,009,460Liabilities 2019: $7,331Net Assets 2019: $9,002,1292019Assets 2020: $9,196,426Liabilities 2020: $5,811Net Assets 2020: $9,190,6152020Assets 2021: $11,267,953Liabilities 2021: $7,459Net Assets 2021: $11,260,4942021Assets 2022: $8,927,090Liabilities 2022: $57,396Net Assets 2022: $8,869,6942022Assets 2023: $9,317,179Liabilities 2023: $22,594Net Assets 2023: $9,294,5852023Assets 2024: $10,059,179Liabilities 2024: $9,912Net Assets 2024: $10,049,2672024

Highlighted filing

2016

Assets$10,385,804
Liabilities$4,022
Net Assets$10,381,782
Open 2016 Filing

Operations Trend

Revenue Growth94th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $66,317Expenses 2011: $303,374Net Income 2011: -$237,0572011Revenue 2012: $100,784Expenses 2012: $302,248Net Income 2012: -$201,4642012Revenue 2013: $44,840Expenses 2013: $300,565Net Income 2013: -$255,7252013Revenue 2014: $97,304Expenses 2014: $306,276Net Income 2014: -$208,9722014Revenue 2015: $95,026Expenses 2015: $599,297Net Income 2015: -$504,2712015Revenue 2016: $171,050Expenses 2016: $561,869Net Income 2016: -$390,8192016Revenue 2017: $49,658Expenses 2017: $573,756Net Income 2017: -$524,0982017Revenue 2018: $45,789Expenses 2018: $603,573Net Income 2018: -$557,7842018Revenue 2019: $281,939Expenses 2019: $580,365Net Income 2019: -$298,4262019Revenue 2020: $577,860Expenses 2020: $389,374Net Income 2020: $188,4862020Revenue 2021: $1,042,684Expenses 2021: $377,315Net Income 2021: $665,3692021Revenue 2022: $807,797Expenses 2022: $1,071,438Net Income 2022: -$263,6412022Revenue 2023: $74,249Expenses 2023: $247,455Net Income 2023: -$173,2062023Revenue 2024: $510,141Expenses 2024: $446,405Net Income 2024: $63,7362024

Highlighted filing

2016

Revenue$171,050
Expenses$561,869
Net Income-$390,819
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$171,050
Mission and Program Overview

Mission

The trust may provide funds (i) for the benefit of massachusetts development finance agency (massdevelopment), a quasi-public entity, to reduce charges that it otherwise would impose on certain institutions using its services and (ii) for the (see schedule o) benefit of certain charitable organizations and governmental entities that the former massachusetts health and educational facilities authority, prior to its merger by law into massdevelopment, was authorized by statute to assist.

The trust may provide funds (i) for the benefit of massachusetts development finance agency (massdevelopment), a quasi-public entity, to reduce charges that it otherwise would impose on certain institutions using its services and (ii) for the benefit of certain charitable organizations and governmental entities that the former massachusetts health and educational facilities authority, prior to its merger by law into massdevelopment, was authorized by statute to assist.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,040,567$8,875,547▼ $165,020
Savings and Temporary Cash Investments$1,229,215$974,637▼ $254,578
Other Notes and Loans Receivable, Net$569,658$508,962▼ $60,696
Cash and Non-Interest-Bearing Accounts$215$250▲ $35
Total Assets$10,857,836$10,385,804▼ $472,032
Other Assets Total$18,181$26,408▲ $8,227
Liabilities
Other Liabilities$81,155$0▼ $81,155
Accounts Payable and Accrued Expenses$4,080$4,022▼ $58
Total Liabilities$85,235$4,022▼ $81,213
Net Assets / Fund Balance
Permanently Rstr Net Assets$10,772,601$10,381,782▼ $390,819
Total Net Assets Fund Balance$10,772,601$10,381,782▼ $390,819
Total Liabilities and Net Assets / Fund Balance$10,857,836$10,385,804▼ $472,032
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Gerald D CohenTrustee
Robert Ash JrTrustee
Teresa M PattenTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$151,138
Other Revenue
$19,912
Change in Net Assets
$-390,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$500,000
Other Expenses$61,869
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$500,000--$500,000
Fees for Services Management-$49,439-$49,439
Fees for Service Investment Mgmnt Fees-$6,818-$6,818
Fees for Services Accounting-$3,399-$3,399
Fees for Services Other-$2,158-$2,158
Travel-$55-$55
Total Functional Expenses$500,000$61,869$0$561,869
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cambridge Health Alliance Health CentersSomerville, MA501(c)(3)Security Systems at 15 Centers$50,000
Family Health Center of WorcesterWorcester, MA501(c)(3)Renovation to Increase Patient Facilities (aids Patient Privacy)$50,000
Greater Lawrence Family Health Center IncMethuen, MA501(c)(3)Renovation to Pharmacy$50,000
Harvard Street Neighborhood Health CenterDorchester, MA501(c)(3)Renovation to Create Opthalmology Exam Room$50,000
Community Health Center of Franklin CountyGreenfield, MA501(c)(3)Pediatric Dentistry Equipment$49,800
Whittier Street Health CenterRoxbury, MA501(c)(3)Dental Equipment$49,800
Healthfirst Family Care Center IncFall River, MA501(c)(3)Van for Patient Transportation$41,648
Brockton Neighborhood Health CenterBrockton, MA501(c)(3)Replace Dental Chairs, Lights, Delivery Panels$40,338
Dimock Community Health CenterRoxbury, MA501(c)(3)Separate Entrance for Children/ Families$37,650
Neponset Health CenterDorchester, MA501(c)(3)Emergency Generator, Security Equipment$33,480
Southern Jamaica Plain Health CenterJamaica Plain, MA501(c)(3)Renovation of Floors & Projector Equipment$27,340
Community Health ProgramsGreat Barrington, MA501(c)(3)Upgrade Outdated Equipment$19,944
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no sub-committees outside of the governing board; therefore, there are no committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11

“The trust has a paid preparer for the return. The prepared return will be reviewed by members of massdevelopment, which is the trust's operating agent.”

Form 990, Part VI, Section B, Line 12

“The trustees held positions as officers and directors of massachusetts development finance agency and therefore were subject to the massachusetts conflict of interest laws requiring disclosure of any personal, immediate family, or business conflicts.”

Form 990, Part VI, Section B, Line 15

“The compensation and benefits reported in part vii are determined by massachusetts development finance agency, a related organization.”

Form 990, Part VI, Section C, Line 19

“Certain documents of the trust are available at the offices of the trust and at the office of the massachusetts attorney general for review by members of the public. These documents are available to the public upon request for the same period of disclosure as set forth in section 6104(d). The organization's form 990 is available via guidestar website.”

Filing and Contact Details

Filer

Filer Name
Massdevelopmenthefa Trust
EIN
04-3379905
Phone
6173302000
Address
99 HIGH STREET, BOSTON, MA 02110

Signing Officer

Name
Patricia Deangelis
Title
Trustee
Phone
6173302000
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
See Schedule O
Formed
1997
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Rsm US Llp
Address
80 CITY SQUARE, BOSTON, MA 02129-3742
Preparer
Lynne Johnson
Phone
6179129000
Supplemental Narrative

Additional Explanations

FORM 990, BOX F:

“All trustees have equal power and are each considered to have ultimate responsibility for implementing the decisions of the organization's governing body or for supervising the management, administration, or operation of the organization.”

Raw XML AppendixShowing 400 of 483 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/BOYAmt04080
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04022
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE TRUST MAY PROVIDE FUNDS (I) FOR THE BENEFIT OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MASSDEVELOPMENT), A QUASI-PUBLIC ENTITY, TO REDUCE CHARGES THAT IT OTHERWISE WOULD IMPOSE ON CERTAIN INSTITUTIONS USING ITS SERVICES AND (II) FOR THE BENEFIT OF CERTAIN CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT THE FORMER MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY, PRIOR TO ITS MERGER BY LAW INTO MASSDEVELOPMENT, WAS AUTHORIZED BY STATUTE TO ASSIST.
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0MASSDEVELOPMENT FINANCE AGENCY
IRS990/BooksInCareOfDetail/PhoneNum06173302000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt099 HIGH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002110
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0215
IRS990/CashNonInterestBearingGrp/EOYAmt0250
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0500000
IRS990/CYInvestmentIncomeAmt0151138
IRS990/CYOtherExpensesAmt061869
IRS990/CYOtherRevenueAmt019912
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-390819
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0561869
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0171050
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DURING THE YEAR, A TOTAL OF 12 GRANTS WERE AWARDED THROUGH THE COMMUNITY HEALTH CENTER GRANT PROGRAM. THE PROGRAM PROVIDES GRANTS OF UP TO $50,000 TO COMMUNITY HEALTH CENTERS FOR INFRASTRUCTURE PROJECTS, WHICH INCLUDE CONSTRUCTION, RENOVATION, EQUIPMENT, FURNITURE, AND TECHNOLOGY RELATED PROJECTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0500000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03399
IRS990/FeesForServicesAccountingGrp/TotalAmt03399
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt049439
IRS990/FeesForServicesManagementGrp/TotalAmt049439
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02158
IRS990/FeesForServicesOtherGrp/TotalAmt02158
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt06818
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06818
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120560
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0GERALD D COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm1TERESA M PATTEN
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT ASH JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1130102
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0500000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0500000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0500000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0171050
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0151138
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0151138
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09040567
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08875547
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE TRUST MAY PROVIDE FUNDS (I) FOR THE BENEFIT OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MASSDEVELOPMENT), A QUASI-PUBLIC ENTITY, TO REDUCE CHARGES THAT IT OTHERWISE WOULD IMPOSE ON CERTAIN INSTITUTIONS USING ITS SERVICES AND (II) FOR THE (SEE SCHEDULE O) BENEFIT OF CERTAIN CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT THE FORMER MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY, PRIOR TO ITS MERGER BY LAW INTO MASSDEVELOPMENT, WAS AUTHORIZED BY STATUTE TO ASSIST.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010772601
IRS990/NetAssetsOrFundBalancesEOYAmt010381782
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018181
IRS990/OtherAssetsTotalGrp/EOYAmt026408
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt081155
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0RETURN OF GRANT FUNDS
IRS990/OtherRevenueMiscGrp/Desc1LOAN LOSS PROVISION
IRS990/OtherRevenueMiscGrp/ExclusionAmt016717
IRS990/OtherRevenueMiscGrp/ExclusionAmt13195
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016717
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13195
IRS990/OtherRevenueTotalAmt019912
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0569658
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0508962
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010772601
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt010381782
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SEE SCHEDULE O
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0500000
IRS990/PYInvestmentIncomeAmt095026
IRS990/PYOtherExpensesAmt099297
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-504271
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0599297
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt095026
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-390819
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01229215
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0974637
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MASSDEVELOPMENT/ HEFA TRUST SUPPORTS MASSACHUSETTS DEVELOPMENT FINANCE AGENCY WHICH IS A STATE GOVERNMENTAL UNIT AND DOES NOT RECEIVE AN IRS DETERMINATION LETTER.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DURING THE YEAR, A TOTAL OF 12 GRANTS TOTALING $500,000 WERE AWARDED THROUGH THE COMMUNITY HEALTH CENTER GRANT PROGRAM. THE PROGRAM PROVIDES GRANTS OF UP TO $50,000 TO COMMUNITY HEALTH CENTERS FOR INFRASTRUCTURE PROJECTS, WHICH INCLUDE CONSTRUCTION, RENOVATION, EQUIPMENT, FURNITURE, AND TECHNOLOGY RELATED PROJECTS. THIS ORGANIZATION MAY PROVIDE THESE FUNDS (I) FOR THE BENEFIT OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MASSDEVELOPMENT), A QUASI PUBLIC ENTITY, TO REDUCE CHARGES THAT IT OTHERWISE WOULD IMPOSE ON CERTAIN INSTITUTIONS USING ITS SERVICES AND (II) FOR THE BENEFIT OF CERTAIN CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT THE FORMER MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY, PRIOR TO ITS MERGER BY LAW INTO MASSDEVELOPMENT, WAS AUTHORIZED BY STATUTE TO ASSIST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, LINE 6
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0043431814
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt040338
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/CashGrantAmt249800
IRS990ScheduleI/RecipientTable/CashGrantAmt319944
IRS990ScheduleI/RecipientTable/CashGrantAmt437650
IRS990ScheduleI/RecipientTable/CashGrantAmt550000
IRS990ScheduleI/RecipientTable/CashGrantAmt650000
IRS990ScheduleI/RecipientTable/CashGrantAmt750000
IRS990ScheduleI/RecipientTable/CashGrantAmt841648
IRS990ScheduleI/RecipientTable/CashGrantAmt933480
IRS990ScheduleI/RecipientTable/CashGrantAmt1027340
IRS990ScheduleI/RecipientTable/CashGrantAmt1149800
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REPLACE DENTAL CHAIRS, LIGHTS, DELIVERY PANELS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SECURITY SYSTEMS AT 15 CENTERS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2PEDIATRIC DENTISTRY EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3UPGRADE OUTDATED EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SEPARATE ENTRANCE FOR CHILDREN/ FAMILIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5RENOVATION TO INCREASE PATIENT FACILITIES (AIDS PATIENT PRIVACY)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6RENOVATION TO PHARMACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7RENOVATION TO CREATE OPTHALMOLOGY EXAM ROOM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8VAN FOR PATIENT TRANSPORTATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9EMERGENCY GENERATOR, SECURITY EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10RENOVATION OF FLOORS & PROJECTOR EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11DENTAL EQUIPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BROCKTON NEIGHBORHOOD HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CAMBRIDGE HEALTH ALLIANCE HEALTH CENTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COMMUNITY HEALTH CENTER OF FRANKLIN COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COMMUNITY HEALTH PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4DIMOCK COMMUNITY HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5FAMILY HEALTH CENTER OF WORCESTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GREATER LAWRENCE FAMILY HEALTH CENTER INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HARVARD STREET NEIGHBORHOOD HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8HEALTHFIRST FAMILY CARE CENTER INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9NEPONSET HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10SOUTHERN JAMAICA PLAIN HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11WHITTIER STREET HEALTH CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0043165044
IRS990ScheduleI/RecipientTable/RecipientEIN1010676306
IRS990ScheduleI/RecipientTable/RecipientEIN2043312968
IRS990ScheduleI/RecipientTable/RecipientEIN3042582119
IRS990ScheduleI/RecipientTable/RecipientEIN4043487835
IRS990ScheduleI/RecipientTable/RecipientEIN5042485308
IRS990ScheduleI/RecipientTable/RecipientEIN6042708824
IRS990ScheduleI/RecipientTable/RecipientEIN7042600042
IRS990ScheduleI/RecipientTable/RecipientEIN8042503444
IRS990ScheduleI/RecipientTable/RecipientEIN9237100550
IRS990ScheduleI/RecipientTable/RecipientEIN10043230035
IRS990ScheduleI/RecipientTable/RecipientEIN11042619517
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt063 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1230 HIGHLAND AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2489 BERNARDSTON ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3444 STOCKBRIDGE ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt455 DIMOCK STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt526 QUEEN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6ONE GRIFFIN BROOK DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7632 BLUE HILL AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8387 QUARRY STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9398 NEPONSET AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10640 CENTRE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111290 TREMONT STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BROCKTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SOMERVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GREENFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm3GREAT BARRINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ROXBURY
IRS990ScheduleI/RecipientTable/USAddress/CityNm5WORCESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm6METHUEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm7DORCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm8FALL RIVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm9DORCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm10JAMAICA PLAIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm11ROXBURY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002301
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102143
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd201301
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd301230
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd402119
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd501610
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd601844
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd702121
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd802723
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd902122
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1002130
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1102120
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPIENTS WERE REQUIRED TO SIGN A GRANT AGREEMENT PRIOR TO RECEIVING FUNDING. EACH GRANT AGREEMENT INCLUDED A REPORTING REQUIREMENT SECTION. THE RECIPIENTS WERE REQUIRED TO FORWARD STATUS UPDATES, AND ALSO TO NOTIFY THE TRUST WHEN THE PROJECT WAS COMPLETED. THE RECIPIENTS ALSO AGREED TO ALLOW A REPRESENTATIVE OF THE TRUST TO VISIT THE PROJECT SITE FOR THE PURPOSE OF INSPECTING THE PROJECT AND ENSURING COMPLIANCE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt012
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0130102
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09758
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010802
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERESA M PATTEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0150662
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO SUB-COMMITTEES OUTSIDE OF THE GOVERNING BOARD; THEREFORE, THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUST HAS A PAID PREPARER FOR THE RETURN. THE PREPARED RETURN WILL BE REVIEWED BY MEMBERS OF MASSDEVELOPMENT, WHICH IS THE TRUST'S OPERATING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUSTEES HELD POSITIONS AS OFFICERS AND DIRECTORS OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY AND THEREFORE WERE SUBJECT TO THE MASSACHUSETTS CONFLICT OF INTEREST LAWS REQUIRING DISCLOSURE OF ANY PERSONAL, IMMEDIATE FAMILY, OR BUSINESS CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION AND BENEFITS REPORTED IN PART VII ARE DETERMINED BY MASSACHUSETTS DEVELOPMENT FINANCE AGENCY, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CERTAIN DOCUMENTS OF THE TRUST ARE AVAILABLE AT THE OFFICES OF THE TRUST AND AT THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL FOR REVIEW BY MEMBERS OF THE PUBLIC. THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S FORM 990 IS AVAILABLE VIA GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL TRUSTEES HAVE EQUAL POWER AND ARE EACH CONSIDERED TO HAVE ULTIMATE RESPONSIBILITY FOR IMPLEMENTING THE DECISIONS OF THE ORGANIZATION'S GOVERNING BODY OR FOR SUPERVISING THE MANAGEMENT, ADMINISTRATION, OR OPERATION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, BOX F:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043431814
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMY GROWTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt099 HIGH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002110
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,385,804
Liabilities
$4,022
Net assets
$10,381,782
Revenue
$171,050
Expenses
$561,869
Net income
-$390,819
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.1$0.01$10.0$0.51$0.45$0.06
2023Detailed filing. Detailed filing data is available for this year.$9.32$0.02$9.29$0.07$0.25$0.17
2022Detailed filing. Detailed filing data is available for this year.$8.93$0.06$8.87$0.81$1.07$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.01$11.3$1.04$0.38$0.67
2020Detailed filing. Detailed filing data is available for this year.$9.20$0.01$9.19$0.58$0.39$0.19
2019Detailed filing. Detailed filing data is available for this year.$9.01$0.01$9.00$0.28$0.58$0.30
2018Detailed filing. Detailed filing data is available for this year.$9.31$0.01$9.30$0.05$0.60$0.56
2017Detailed filing. Detailed filing data is available for this year.$9.86$0.00$9.86$0.05$0.57$0.52
2016Detailed filing. Detailed filing data is available for this year.$10.4$0.00$10.4$0.17$0.56$0.39
2015Detailed filing. Detailed filing data is available for this year.$10.9$0.09$10.8$0.10$0.60$0.50
2014Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$0.10$0.31$0.21
2013Summary only. Only limited summary data is available for this year.$11.5$0.00$11.5$0.04$0.30$0.26
2012Summary only. Only limited summary data is available for this year.$11.8$0.02$11.7$0.10$0.30$0.20
2011Summary only. Only limited summary data is available for this year.$12.0$0.02$11.9$0.07$0.30$0.24