Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Montello Affordable Housing Corporation
990EZ • Fiscal year 2023 • EIN 04-3492953
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.29x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% 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
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Up$301,615
Up $62,025 (+26%) from 2022
Net Assets
Up$213,922
Up $39,864 (+23%) from 2022
Liabilities
Up$87,693
Up $22,161 (+34%) from 2022
Revenue And Expenses
Revenue
Up$65,020
Up $15,097 (+30%) from 2022
Expenses
Up$35,338
Up $11,850 (+50%) from 2022
Net Income
Up$29,682
Up $3,247 (+12%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Oct 7, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $65,020
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 | - | $32,127 |
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
- 2024-10-07
- 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 2,725 insurance 929 contract costs 8,324 sundry 4,907 maintenance 1,854 bad debt 1,435 non-investment depreciation 7,348 total 27,522”
Form 990-ez, Part I, Line 20
“Prior period adjustment 10,182”
Form 990-ez, Part II, Line 24
“Accounts receivable 15,619 0 total 15,619 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 39,236 deferred revenue 1,546 2 mortgage and other notes payable 63,986 48,455”
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 Appendix178 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 | 134981 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 219974 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 54506 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 29682 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3211 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 239590 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 301615 |
| IRS990EZ/GrossReceiptsAmt | 0 | 65020 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 487 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 88990 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 81641 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 174058 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 213922 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 174058 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 213922 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4605 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| 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 | 15619 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 10182 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27522 |
| 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 | 10027 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | AFFORDABLE HOUSING AND NEIGHBORHOOD REVITALIZATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 32127 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 65532 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 87693 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 35338 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32127 |
| IRS990EZ/TotalRevenueAmt | 0 | 65020 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 54506 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 38705 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37711 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27876 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 25252 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 184050 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 171 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 460 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 643 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 10514 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 11218 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 9859 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 2574 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 9248 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 43413 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 12 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 171 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 460 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 643 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99720 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99540 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 227463 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 65020 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 49923 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 47570 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30450 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 34500 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 227463 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 65020 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 49923 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 47582 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 30621 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 34960 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 228106 |
| 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 2,725 INSURANCE 929 CONTRACT COSTS 8,324 SUNDRY 4,907 MAINTENANCE 1,854 BAD DEBT 1,435 NON-INVESTMENT DEPRECIATION 7,348 TOTAL 27,522 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PRIOR PERIOD ADJUSTMENT 10,182 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 15,619 0 TOTAL 15,619 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 39,236 DEFERRED REVENUE 1,546 2 MORTGAGE AND OTHER NOTES PAYABLE 63,986 48,455 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FOCUS IS PRIMARILY ON AFFORDABLE HOUSING AND NEIGHBORHOOD REVITALIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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 I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART V |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| 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 | 2024-10-07 |
| 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 | true |
| 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 | 2024-10-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL K OZMENT CPA |
| ReturnHeader/ReturnTs | 0 | 2024-10-15T10:41:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $301,615
- Liabilities
- $87,693
- Net assets
- $213,922
- Revenue
- $65,020
- Expenses
- $35,338
- Net income
- $29,682