Civic Intelligence

Westfield 202 Inc % the Community Builders Inc

990 • Fiscal year 2013 • EIN 04-3460631

Jul 01, 2012 to Jun 30, 2013 • Filed on Sep 24, 2013

138 E Mountain RoadBoston, MA 01085-1853
Siviq Scores

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

Liabilities / Assets

52nd percentile

0.13x

Higher debt load relative to assets than 52% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

87th percentile

1.41x

Higher debt load relative to revenue than 87% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

22nd percentile

-4.3%

Faster asset growth than 22% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$4,211,181

Down $189,660 (-4.3%) from 2012

Net Assets

Down

$3,663,328

Down $144,811 (-3.8%) from 2012

Liabilities

Down

$547,853

Down $44,849 (-7.6%) from 2012

Revenue

$389,623

No earlier filing loaded for comparison.

Expenses

Up

$532,540

Up $44,895 (+9.2%) from 2012

Net Income

-$142,917

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,446,314Liabilities 2011: $541,362Net Assets 2011: $3,904,9522011Assets 2012: $4,400,841Liabilities 2012: $592,702Net Assets 2012: $3,808,1392012Assets 2013: $4,211,181Liabilities 2013: $547,853Net Assets 2013: $3,663,3282013Assets 2014: $4,077,219Liabilities 2014: $539,045Net Assets 2014: $3,538,1742014Assets 2015: $3,965,175Liabilities 2015: $561,299Net Assets 2015: $3,403,8762015Assets 2016: $3,885,329Liabilities 2016: $552,086Net Assets 2016: $3,333,2432016Assets 2017: $3,854,206Liabilities 2017: $561,193Net Assets 2017: $3,293,0132017Assets 2018: $3,804,261Liabilities 2018: $625,203Net Assets 2018: $3,179,0582018Assets 2019: $3,664,936Liabilities 2019: $591,164Net Assets 2019: $3,073,7722019Assets 2020: $3,507,828Liabilities 2020: $578,599Net Assets 2020: $2,929,2292020Assets 2021: $3,297,185Liabilities 2021: $610,990Net Assets 2021: $2,686,1952021Assets 2022: $3,039,210Liabilities 2022: $576,115Net Assets 2022: $2,463,0952022Assets 2023: $2,929,733Liabilities 2023: $582,351Net Assets 2023: $2,347,3822023Assets 2024: $2,768,393Liabilities 2024: $573,203Net Assets 2024: $2,195,1902024Assets 2025: $2,640,754Liabilities 2025: $577,351Net Assets 2025: $2,063,4032025

Highlighted filing

2013

Assets$4,211,181
Liabilities$547,853
Net Assets$3,663,328

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $493,4942011Expenses 2012: $487,6452012Revenue 2013: $389,623Expenses 2013: $532,540Net Income 2013: -$142,9172013Revenue 2014: $407,317Expenses 2014: $532,471Net Income 2014: -$125,1542014Revenue 2015: $439,915Expenses 2015: $574,213Net Income 2015: -$134,2982015Revenue 2016: $468,168Expenses 2016: $538,801Net Income 2016: -$70,6332016Revenue 2017: $482,139Expenses 2017: $522,369Net Income 2017: -$40,2302017Revenue 2018: $473,411Expenses 2018: $587,366Net Income 2018: -$113,9552018Revenue 2019: $497,806Expenses 2019: $603,092Net Income 2019: -$105,2862019Revenue 2020: $480,825Expenses 2020: $625,368Net Income 2020: -$144,5432020Revenue 2021: $482,563Expenses 2021: $725,597Net Income 2021: -$243,0342021Revenue 2022: $475,136Expenses 2022: $698,236Net Income 2022: -$223,1002022Revenue 2023: $478,385Expenses 2023: $594,098Net Income 2023: -$115,7132023Revenue 2024: $472,261Expenses 2024: $624,453Net Income 2024: -$152,1922024Revenue 2025: $479,160Expenses 2025: $610,947Net Income 2025: -$131,7872025

Highlighted filing

2013

Revenue$389,623
Expenses$532,540
Net Income-$142,917
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Sep 24, 2013
Return Version
2012v2.1
Gross Receipts
$389,623
Mission and Program Overview

Mission

Westfield 202, inc.'s primary purpose is to provide elderly persons of low and very low income with housing facilities and services specifically designed to meet their needs.

Filing and Contact Details

Filer

EIN
04-3460631
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE OWNING CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, NOT-FOR-PROFIT PURPOSES. IN 1999, THE INTERNAL REVENUE SERVICE ISSUED ITS DETERMINATION LETTER REFLECTING THAT WESTFIELD 202, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(2) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THEREFORE, NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS.
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IRS990ScheduleJ/Form990ScheduleJPartII/Title2DIRECTOR
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IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0261131
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1271833
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs2165156
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction0183158
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0THE ORGANIZATION REIMBURSES THE COMMUNITY BUILDERS, INC. FOR MANAGEMENT SERVICES, CONTRACTED EMPLOYEES WAGES, PAYROLL TAXES, AND FRINGE.
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine10THE COMMUNITY BUILDERS INC
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0COMMON OFFICERS, BOARD MEMBERS, AND KEY EMPLOYEES
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0THE CORPORATION CONTRACTED WITH THE COMMUNITY BUILDERS, INC. (TCB) TO MANAGE THE PROPERTY FOR A FEE OF 6.9% OF THE GROSS COLLECTIONS COMPUTED MONTHLY. THE MANAGEMENT AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION OR THE MANAGEMENT AGENT.
IRS990ScheduleO/GeneralExplanation/Explanation1FORM 990 IS REVIEWED BY MANAGEMENT COMPANY'S TAX DEPARTMENT PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation2THE CORPORATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Explanation3PRIOR YEAR ALLOWANCE FOR DOUBTFUL ACCOUNTS -1,894.
IRS990ScheduleO/GeneralExplanation/Explanation4THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XII, LINE 2C
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1095 BERKELEY STREET
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0BOSTON
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode002116

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.64$0.58$2.06$0.48$0.61$0.13
2024Detailed filing. Detailed filing data is available for this year.$2.77$0.57$2.20$0.47$0.62$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.93$0.58$2.35$0.48$0.59$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.04$0.58$2.46$0.48$0.70$0.22
2021Detailed filing. Detailed filing data is available for this year.$3.30$0.61$2.69$0.48$0.73$0.24
2020Detailed filing. Detailed filing data is available for this year.$3.51$0.58$2.93$0.48$0.63$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.66$0.59$3.07$0.50$0.60$0.11
2018Detailed filing. Detailed filing data is available for this year.$3.80$0.63$3.18$0.47$0.59$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.85$0.56$3.29$0.48$0.52$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.89$0.55$3.33$0.47$0.54$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.97$0.56$3.40$0.44$0.57$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.08$0.54$3.54$0.41$0.53$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.55$3.66$0.39$0.53$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$0.59$3.81$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.54$3.90$0.49