Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
990 • Fiscal year 2020 • EIN 04-3422217
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
44th percentile
Higher top officer pay than 44% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Assets
Down$3,122,898
Down $87,433 (-2.7%) from 2019
Net Assets
Up-$2,174,189
Up $53,785 (+2.4%) from 2019
Liabilities
Down$5,297,087
Down $141,218 (-2.6%) from 2019
Revenue
Up$474,890
Up $136,000 (+40%) from 2019
Expenses
Down$421,105
Down $16,026 (-3.7%) from 2019
Net Income
Up$53,785
Up $152,026 (+155%) from 2019
Construction and management of a multi-tenant seafood processing facility at jodrey state pier in gloucester, massachusetts.
Title holding corp - seafood processing facility
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,374,663 | $2,265,271 | ▼ $109,392 |
| Savings and Temporary Cash Investments | $668,433 | $583,882 | ▼ $84,551 |
| Accounts Receivable | $94,067 | $112,340 | ▲ $18,273 |
| Cash and Non-Interest-Bearing Accounts | $27,183 | $97,678 | ▲ $70,495 |
| Prepaid Expenses and Deferred Charges | $11,896 | $10,969 | ▼ $927 |
| Intangible Assets | $3,371 | $3,112 | ▼ $259 |
| Total Assets | $3,210,331 | $3,122,898 | ▼ $87,433 |
| Other Assets Total | $30,718 | $49,646 | ▲ $18,928 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,781,563 | $4,717,688 | ▼ $63,875 |
| Accounts Payable and Accrued Expenses | $626,024 | $529,753 | ▼ $96,271 |
| Escrow Account Liability | $30,718 | $49,646 | ▲ $18,928 |
| Total Liabilities | $5,438,305 | $5,297,087 | ▼ $141,218 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-2,227,974 | $-2,174,189 | ▲ $53,785 |
| Total Net Assets Fund Balance | $-2,227,974 | $-2,174,189 | ▲ $53,785 |
| Total Liabilities and Net Assets / Fund Balance | $3,210,331 | $3,122,898 | ▼ $87,433 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,214,761 | $2,633,227 | $4,847,988 |
| Other Land Buildings | $50,510 | $12,296 | $62,806 |
| Name | Title |
|---|---|
| William Grogan | DIRECTOR; PRESIDENT AS OF 10/24/19 |
| Lisa Alberghini | President (end 7/17/19) |
| David Marsh | Director |
| Dena Kavanagh | Director (end 8/1/19) |
| Ricks Frazier | Clerk |
| Zachary Greene | Treasurer (end 9/30/19) |
| Gary Stuart Walker | Treasurer (start 10/24/19) |
| Line Item | Amount |
|---|---|
| Other Expenses | $421,105 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | - | - | - | $203,333 |
| Depreciation Depletion | - | - | - | $109,392 |
| Occupancy | - | - | - | $56,657 |
| Insurance | - | - | - | $31,126 |
| Fees for Services Accounting | - | - | - | $16,300 |
| Fees for Services Other | - | - | - | $2,552 |
| Office Expenses | - | - | - | $1,486 |
| Other Expenses | - | - | - | $259 |
| Total Functional Expenses | $0 | $0 | $0 | $421,105 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $530,923 |
| Expenses per Audited Statements | $421,105 |
| Total Expenses per Form 990 | $421,105 |
| Expenses Not Reported on Form 990 | $109,818 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Zachary greene, gary stuart walker, dena kavanagh and ricks frazier, business relationship.”
“Cape ann fisheries development corporation ("cape ann") is a 501(c)(25) title holding corporation. Its sole beneficiary when formed was the massachusetts government land bank which merged to form massachusetts development finance agency ("mdfa"). The organization has two members, mdfa and planning office for urban affairs, inc., an affiliate of the catholic archdiocese of boston.”
“There are 5 directors, 4 are appointed by members: massachusetts development finance agency has the power to appoint 2, planning office for urban affairs has the power to appoint 2, and 1 is a representative of the gloucester community appointed by the other 4 directors. At the end of this fiscal year, planning office for urban affairs had not yet replaced one of its appointees, leaving a vacancy on june 30.”
“Board member, william grogan (president) will review and approve the form 990 after it is prepared by our independent auditors. Once the form has been approved, it will be mailed to the remaining board members via certified receipt mail.”
“There are no compensated officers or key employees.”
“Forms 1024 and 990 are available for public inspection at the organization's office.”
“Certain governing documents, policies and financial statements are available to the public at the organization's office.”
“TENANT SECURITY DEPOSITS”
“Management has evaluated tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 626024 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 529753 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 94067 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 112340 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TITLE HOLDING CORP - SEAFOOD PROCESSING FACILITY |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6173302000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | JODREY STATE PIER - 2 STATE PIER |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GLOUCESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01930 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 27183 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 97678 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 1 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 4050 |
| IRS990/CYOtherExpensesAmt | 0 | 421105 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 470840 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 53785 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 421105 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 474890 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 109392 |
| IRS990/Desc | 0 | MANAGEMENT OF A MULTI-TENANT SEAFOOD PROCESSING FACILITY AT JODREY STATE PIER IN GLOUCESTER, MASSACHUSETTS |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 30718 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 49646 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 16300 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 2552 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LISA ALBERGHINI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ZACHARY GREENE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RICKS FRAZIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | GARY STUART WALKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WILLIAM GROGAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVID MARSH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DENA KAVANAGH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT (END 7/17/19) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER (END 9/30/19) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER (START 10/24/19) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR; PRESIDENT AS OF 10/24/19 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR (END 8/1/19) |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1997 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 474890 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 31126 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 3371 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 3112 |
| IRS990/InterestGrp/TotalAmt | 0 | 203333 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 4050 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 4050 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2645523 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2374663 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2265271 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4910794 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | CONSTRUCTION AND MANAGEMENT OF A MULTI-TENANT SEAFOOD PROCESSING FACILITY AT JODREY STATE PIER IN GLOUCESTER, MASSACHUSETTS |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 4781563 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 4717688 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -2227974 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -2174189 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -2227974 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -2174189 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 56657 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1486 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 30718 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 49646 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | AMORTIZATION |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 259 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11896 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 10969 |
| IRS990/PrincipalOfficerNm | 0 | WILLIAM GROGAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 470840 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 470840 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 437131 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 338890 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -98241 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 437131 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 338890 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 53785 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 668433 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 583882 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2214761 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2633227 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4847988 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 109818 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 109818 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 109818 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 421105 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 1 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 50510 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 12296 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 62806 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 109818 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 474890 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | MANAGEMENT HAS EVALUATED TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART IV, LINE 2B: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2265271 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 421105 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 474890 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 584708 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 530923 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ZACHARY GREENE, GARY STUART WALKER, DENA KAVANAGH AND RICKS FRAZIER, BUSINESS RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CAPE ANN FISHERIES DEVELOPMENT CORPORATION ("CAPE ANN") IS A 501(C)(25) TITLE HOLDING CORPORATION. ITS SOLE BENEFICIARY WHEN FORMED WAS THE MASSACHUSETTS GOVERNMENT LAND BANK WHICH MERGED TO FORM MASSACHUSETTS DEVELOPMENT FINANCE AGENCY ("MDFA"). THE ORGANIZATION HAS TWO MEMBERS, MDFA AND PLANNING OFFICE FOR URBAN AFFAIRS, INC., AN AFFILIATE OF THE CATHOLIC ARCHDIOCESE OF BOSTON. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THERE ARE 5 DIRECTORS, 4 ARE APPOINTED BY MEMBERS: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY HAS THE POWER TO APPOINT 2, PLANNING OFFICE FOR URBAN AFFAIRS HAS THE POWER TO APPOINT 2, AND 1 IS A REPRESENTATIVE OF THE GLOUCESTER COMMUNITY APPOINTED BY THE OTHER 4 DIRECTORS. AT THE END OF THIS FISCAL YEAR, PLANNING OFFICE FOR URBAN AFFAIRS HAD NOT YET REPLACED ONE OF ITS APPOINTEES, LEAVING A VACANCY ON JUNE 30. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD MEMBER, WILLIAM GROGAN (PRESIDENT) WILL REVIEW AND APPROVE THE FORM 990 AFTER IT IS PREPARED BY OUR INDEPENDENT AUDITORS. ONCE THE FORM HAS BEEN APPROVED, IT WILL BE MAILED TO THE REMAINING BOARD MEMBERS VIA CERTIFIED RECEIPT MAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THERE ARE NO COMPENSATED OFFICERS OR KEY EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FORMS 1024 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CERTAIN GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 3210331 |
| IRS990/TotalAssetsEOYAmt | 0 | 3122898 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3210331 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3122898 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 421105 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 5438305 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 5297087 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 5438305 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 5297087 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -2227974 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -2174189 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 470840 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 4050 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 470840 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 474890 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3210331 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3122898 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | JODREY STATE PIER - 2 STATE PIER |
| IRS990/USAddress/CityNm | 0 | GLOUCESTER |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/USAddress/ZIPCd | 0 | 01930 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | NONE |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM GROGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9782831938 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-12-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CAPE ANN FISHERIES DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION C/O MASSDEVELOPMENT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CAPE |
| ReturnHeader/Filer/EIN | 0 | 043422217 |
| ReturnHeader/Filer/PhoneNum | 0 | 9782831938 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | JODREY STATE PIER - 2 STATE PIER |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GLOUCESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 01930 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 042713795 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MEYERS BROTHERS KALICKA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 330 WHITNEY AVE SUITE 800 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOLYOKE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 01040 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4135368510 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-12-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RUDY M D'AGOSTINO |
| ReturnHeader/ReturnTs | 0 | 2021-01-19T09:31:55-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.