Civic Intelligence

Westfield 202 Inc % the Community Builders Inc

990 • Fiscal year 2014 • EIN 04-3460631

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 08, 2014

Organization ProfileN/A
138 E Mountain RoadBoston, MA 01085-1853

(413) 568-7444

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.13x

Higher debt load relative to assets than 53% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.32x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

9th percentile

-31%

Higher net margin than 9% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

96th percentile

$373,946

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 91.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

26th percentile

-3.2%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

52nd percentile

4.5%

Faster revenue growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$4,077,219

Down $133,962 (-3.2%) from 2013

Net Assets

Down

$3,538,174

Down $125,154 (-3.4%) from 2013

Liabilities

Down

$539,045

Down $8,808 (-1.6%) from 2013

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin9th percentile

Revenue

Up

$407,317

Up $17,694 (+4.5%) from 2013

Expenses

Down

$532,471

Down $69 (-0.0%) from 2013

Net Income

Up

-$125,154

Up $17,763 (+12%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

2014

Assets$4,077,219
Liabilities$539,045
Net Assets$3,538,174
Open 2014 Filing

Operations Trend

Revenue Growth52nd percentile

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

2014

Revenue$407,317
Expenses$532,471
Net Income-$125,154
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 8, 2014
Return Version
2013v3.0
Gross Receipts
$407,317
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.

Low-income housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,878,680$3,755,172▼ $123,508
Prepaid Expenses and Deferred Charges$15,105$20,586▲ $5,481
Cash and Non-Interest-Bearing Accounts$22,582$20,118▼ $2,464
Accounts Receivable$3,834$700▼ $3,134
Total Assets$4,211,181$4,077,219▼ $133,962
Other Assets Total$290,980$280,643▼ $10,337
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$500,000→ $0
Accounts Payable and Accrued Expenses$31,789$24,291▼ $7,498
Other Liabilities$14,636$14,717▲ $81
Deferred Revenue$1,428$37▼ $1,391
Total Liabilities$547,853$539,045▼ $8,808
Net Assets / Fund Balance
Unrestricted Net Assets$3,663,328$3,538,174▼ $125,154
Total Net Assets Fund Balance$3,663,328$3,538,174▼ $125,154
Total Liabilities and Net Assets / Fund Balance$4,211,181$4,077,219▼ $133,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,754,474$1,509,254$5,263,728
Equipment$698$80,091$80,789
Other Assets Org$181,125--
Compensation and Service Providers
Top Officer Pay96th percentile

Board Members and Trustees

NameTitle
Phillip ClayPresident
Beverly J BatesDirector
John LutzDirector
Susan MccannDirector
Thomas KegelmanDirector
Willie JonesDirector
James RushfordClerk
Edward MerchantTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Community Builders INCManagement And Operating Services-$176,108
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$407,265
Investment Income
$52
Other Revenue
$0
Change in Net Assets
$-125,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$407,317
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$407,317
Total Revenue per Form 990
$407,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$392,482
Salaries, Compensation, and Employee Benefits$139,989
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$142,641--$142,641
Other Salaries and Wages$106,346--$106,346
Insurance$26,821--$26,821
Other Employee Benefits$25,990--$25,990
Fees for Services Other$24,930--$24,930
Fees for Services Management$22,604--$22,604
Office Expenses$14,941--$14,941
All Other Expenses$12,727--$12,727
Other Expenses$8,800--$8,800
Payroll Taxes$7,653--$7,653
Fees for Services Accounting$7,200--$7,200
Conferences and Meetings$4,950--$4,950
Advertising$1,130--$1,130
Fees for Services Legal$44--$44
Total Functional Expenses$532,471$0$0$532,471

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$532,471
Total Expenses per Audited Statements$532,471
Total Expenses per Form 990$532,471
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common Officers, Board Members, and Key EmployeesThe Organization Reimburses the Community Builders, Inc. for Management Services, Contracted Employees Wages, Payroll Taxes, and Fringe.No$176,108
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Held in Trust$14,717
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The 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.”

Form 990, Part VI, Section B, Line 11

“The asset management department of an affiliate of the management company reviews the 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“The corporation makes its governing documents and financial statements available to the public upon request”

Filing and Contact Details

Filer

EIN
04-3460631
Phone
4135687444

Signing Officer

Name
Beverly Bates
Title
Director
Phone
8572218729
Signed
2014-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip L Clay
Formed
1999
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Preparer
Jana M Bledsoe CPA
Phone
4048929651
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There has been no change from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The 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.”

Raw XML AppendixShowing 400 of 547 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/BOYAmt031789
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024291
IRS990/AccountsReceivableGrp/BOYAmt03834
IRS990/AccountsReceivableGrp/EOYAmt0700
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW-INCOME HOUSING FOR THE ELDERLY
IRS990/AdvertisingGrp/ProgramServicesAmt01130
IRS990/AdvertisingGrp/TotalAmt01130
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012727
IRS990/AllOtherExpensesGrp/TotalAmt012727
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10THE COMMUNITY BUILDERS INC
IRS990/BooksInCareOfDetail/PhoneNum08572218745
IRS990/BooksInCareOfDetail/USAddress/AddressLine1095 BERKELEY STREET
IRS990/BooksInCareOfDetail/USAddress/City0BOSTON
IRS990/BooksInCareOfDetail/USAddress/State0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode002116
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt022582
IRS990/CashNonInterestBearingGrp/EOYAmt020118
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04950
IRS990/ConferencesMeetingsGrp/TotalAmt04950
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0176108
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1095 BERKELEY STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode002116
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10THE COMMUNITY BUILDERS INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT AND OPERATING SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt052
IRS990/CYOtherExpensesAmt0392482
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0407265
IRS990/CYRevenuesLessExpensesAmt0-125154
IRS990/CYSalariesCompEmpBnftPaidAmt0139989
IRS990/CYTotalExpensesAmt0532471
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0407317
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01428
IRS990/DeferredRevenueGrp/EOYAmt037
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0142641
IRS990/DepreciationDepletionGrp/TotalAmt0142641
IRS990/Desc0WESTFIELD 202, INC. PROVIDED 46 UNITS OF RESIDENTIAL HOUSING AND SUPPORT SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS IN WESTFIELD MASSACHUSETTS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0532471
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07200
IRS990/FeesForServicesAccountingGrp/TotalAmt07200
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt044
IRS990/FeesForServicesLegalGrp/TotalAmt044
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt022604
IRS990/FeesForServicesManagementGrp/TotalAmt022604
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024930
IRS990/FeesForServicesOtherGrp/TotalAmt024930
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1116834
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3112871
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt453319
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt732371
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN LUTZ
IRS990/Form990PartVIISectionAGrp/PersonNm1BEVERLY J BATES
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS KEGELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN MCCANN
IRS990/Form990PartVIISectionAGrp/PersonNm5EDWARD MERCHANT
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILLIP CLAY
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES RUSHFORD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1255563
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3261075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4151300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7125833
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0407317
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt026821
IRS990/InsuranceGrp/TotalAmt026821
IRS990/InvestmentIncomeGrp/ExclusionAmt052
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt052
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01589345
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03878680
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03755172
IRS990/LandBldgEquipCostOrOtherBssAmt05344517
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WESTFIELD 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0500000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0500000
IRS990/NetAssetsOrFundBalancesBOYAmt03663328
IRS990/NetAssetsOrFundBalancesEOYAmt03538174
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt014941
IRS990/OfficeExpensesGrp/TotalAmt014941
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0290980
IRS990/OtherAssetsTotalGrp/EOYAmt0280643
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025990
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025990
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS/MAINTENANCE SUP
IRS990/OtherExpensesGrp/Desc2NURSING HOME/OTHER ELDE
IRS990/OtherExpensesGrp/Desc3SNOW REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt071624
IRS990/OtherExpensesGrp/ProgramServicesAmt141886
IRS990/OtherExpensesGrp/ProgramServicesAmt212184
IRS990/OtherExpensesGrp/ProgramServicesAmt38800
IRS990/OtherExpensesGrp/TotalAmt071624
IRS990/OtherExpensesGrp/TotalAmt141886
IRS990/OtherExpensesGrp/TotalAmt212184
IRS990/OtherExpensesGrp/TotalAmt38800
IRS990/OtherLiabilitiesGrp/BOYAmt014636
IRS990/OtherLiabilitiesGrp/EOYAmt014717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0106346
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106346
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt07653
IRS990/PayrollTaxesGrp/TotalAmt07653
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015105
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020586
IRS990/PrincipalOfficerNm0PHILLIP L CLAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTS
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0403141
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13837
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0403141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2287
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt060
IRS990/PYOtherExpensesAmt0389792
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0389563
IRS990/PYRevenuesLessExpensesAmt0-142917
IRS990/PYSalariesCompEmpBnftPaidAmt0142748
IRS990/PYTotalExpensesAmt0532540
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0389623
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-125154
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0407265
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0127
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0266
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0733
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0407265
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0389563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0390705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0379583
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0352759
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01919875
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0127
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0266
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0733
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99670
IRS990ScheduleA/PublicSupportTotal509Amt01919875
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0407265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0389563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0390705
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0379583
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0352759
IRS990ScheduleA/Total509Grp/TotalAmt01919875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0407317
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0389623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0390832
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0379811
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0353025
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01920608
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03754474
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01509254
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05263728
IRS990ScheduleD/EquipmentGrp/BookValueAmt0698
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080091
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080789
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0532471
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014999
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14328
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt280191
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3181125
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVES AND RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PREPAID LAND LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0407317
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03755172
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0280643
IRS990ScheduleD/TotalExpensesPerForm990Amt0532471
IRS990ScheduleD/TotalLiabilityAmt014717
IRS990ScheduleD/TotalRevenuePerForm990Amt0407317
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0407317
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0532471
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0255563
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1261075
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2151300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3125833
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt091412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt185931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt227959
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt318131
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt025422
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt126940
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt225360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt314240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BEVERLY J BATES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIE JONES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,077,219
Liabilities
$539,045
Net assets
$3,538,174
Revenue
$407,317
Expenses
$532,471
Net income
-$125,154
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