Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Montello Affordable Housing Corporation
990EZ • Fiscal year 2022 • EIN 04-3492953
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.27x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
62nd percentile
Faster asset growth than 62% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Up$239,590
Up $20,890 (+9.6%) from 2021
Net Assets
Up$174,058
Up $26,435 (+18%) from 2021
Liabilities
Down$65,532
Down $5,545 (-7.8%) from 2021
Revenue And Expenses
Revenue
Up$49,923
Up $2,341 (+4.9%) from 2021
Expenses
Down$23,488
Down $402 (-1.7%) from 2021
Net Income
Up$26,435
Up $2,743 (+12%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Oct 27, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $49,923
Mission and Program Overview
Mission
Affordable homeownership and neighborhood revitalization
Focus is primarily on affordable housing and neighborhood revitalization
Program Services
| Description | Grants | Expenses |
|---|---|---|
| AFFORDABLE HOUSING AND NEIGHBORHOOD REVITALIZATION | - | $23,488 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| THOMAS THIBEAULT | Executive Di | - | $0 | - | - |
| GERARD NADEAU | President | - | $0 | - | - |
| BETSY PRICE | Treasurer | - | $0 | - | - |
| LUCY NUGENT | Clerk | - | $0 | - | - |
| ERNEST PETTIFORD | Officer | - | $0 | - | - |
| TIMOTHY SULLIVAN | Officer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Montello Affordable Housing Corpora
- EIN
- 04-3492953
- Phone
- 5085886880
- Address
- 45 GODDARD ROAD, BROCKTON, MA 02301
Signing Officer
- Name
- Thomas Thibeault
- Title
- Executive Director
- Phone
- 5085886880
- Signed
- 2023-10-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Rector Reeder & Lofton Pc
- Address
- 623 TOM BREWER ROAD, LOGANVILLE, GA 30052-4042
- Preparer
- Michael K Ozment CPA
- Phone
- 7708798411
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses interest expense 1,844 insurance 5,454 contract costs 9,974 sundry 2,897 total 20,169”
Form 990-ez, Part II, Line 24
“Accounts receivable 2,330 15,619 total 2,330 15,619”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 5,381 0 deferred revenue 1,546 1,546 mortgage and other notes payable 64,150 63,986”
Form 990-ez, Part III
“Focus is primarily on affordable housing and neighborhood revitalization”
Form 990-ez, Part V
“The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”
Raw XML Appendix179 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | THOMAS THIBEAULT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5085886880 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 45 GODDARD RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BROCKTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02301 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 129829 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 134981 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 38705 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 26435 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 218700 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 239590 |
| IRS990EZ/GrossReceiptsAmt | 0 | 49923 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 6776 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 86541 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 88990 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 147623 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 174058 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 147623 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 174058 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3319 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | THOMAS THIBEAULT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GERARD NADEAU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BETSY PRICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LUCY NUGENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ERNEST PETTIFORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TIMOTHY SULLIVAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CLERK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2330 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 15619 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20169 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FOCUS IS PRIMARILY ON AFFORDABLE HOUSING AND NEIGHBORHOOD REVITALIZATION |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 4442 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | AFFORDABLE HOUSING AND NEIGHBORHOOD REVITALIZATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 23488 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 71077 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 65532 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 23488 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 23488 |
| IRS990EZ/TotalRevenueAmt | 0 | 49923 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 38705 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 37711 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27876 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 25252 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 28692 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 158236 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 171 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 460 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 297 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 940 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 11218 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 9859 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2574 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 9248 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 13081 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 45980 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 12 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 171 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 460 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 297 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 940 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99540 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99490 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 204216 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 49923 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 47570 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30450 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 34500 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 41773 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 204216 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 49923 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 47582 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 30621 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 34960 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 42070 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 205156 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INTEREST EXPENSE 1,844 INSURANCE 5,454 CONTRACT COSTS 9,974 SUNDRY 2,897 TOTAL 20,169 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 2,330 15,619 TOTAL 2,330 15,619 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,381 0 DEFERRED REVENUE 1,546 1,546 MORTGAGE AND OTHER NOTES PAYABLE 64,150 63,986 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FOCUS IS PRIMARILY ON AFFORDABLE HOUSING AND NEIGHBORHOOD REVITALIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART V |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS THIBEAULT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5085886880 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-10-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MONTELLO AFFORDABLE HOUSING CORPORA |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MONT |
| ReturnHeader/Filer/EIN | 0 | 043492953 |
| ReturnHeader/Filer/PhoneNum | 0 | 5085886880 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 45 GODDARD ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BROCKTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02301 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263670494 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RECTOR REEDER & LOFTON PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 623 TOM BREWER ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOGANVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 300524042 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7708798411 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL K OZMENT CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-08T09:48:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | THOMAS |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | THIBEAULT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $239,590
- Liabilities
- $65,532
- Net assets
- $174,058
- Revenue
- $49,923
- Expenses
- $23,488
- Net income
- $26,435