Civic Intelligence

Fredricke Court Development Corporation

990 • Fiscal year 2024 • EIN 04-3575600

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 30, 2024

Organization ProfileNONE
141 Brewster RoadBrewster, MA 02631

(508) 896-5510

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

34th percentile

-0.9%

Faster asset growth than 34% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

2.8%

Faster revenue growth than 40% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$2,349,827

Down $22,525 (-0.9%) from 2023

Net Assets

Down

$2,279,552

Down $36,752 (-1.6%) from 2023

Liabilities

Up

$70,275

Up $14,227 (+25%) from 2023

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin21st percentile

Revenue

Up

$331,871

Up $9,041 (+2.8%) from 2023

Expenses

Up

$368,623

Up $23,735 (+6.9%) from 2023

Net Income

Down

-$36,752

Down $14,694 (-67%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,042,294Liabilities 2011: $25,894Net Assets 2011: $3,016,4002011Assets 2012: $2,978,858Liabilities 2012: $27,998Net Assets 2012: $2,950,8602012Assets 2013: $2,914,648Liabilities 2013: $22,539Net Assets 2013: $2,892,1092013Assets 2014: $2,860,701Liabilities 2014: $22,332Net Assets 2014: $2,838,3692014Assets 2015: $2,801,560Liabilities 2015: $27,535Net Assets 2015: $2,774,0252015Assets 2016: $2,752,192Liabilities 2016: $30,745Net Assets 2016: $2,721,4472016Assets 2017: $2,697,402Liabilities 2017: $35,772Net Assets 2017: $2,661,6302017Assets 2018: $2,622,762Liabilities 2018: $43,765Net Assets 2018: $2,578,9972018Assets 2019: $2,553,791Liabilities 2019: $36,437Net Assets 2019: $2,517,3542019Assets 2020: $2,508,407Liabilities 2020: $42,268Net Assets 2020: $2,466,1392020Assets 2021: $2,428,273Liabilities 2021: $37,672Net Assets 2021: $2,390,6012021Assets 2022: $2,404,105Liabilities 2022: $65,743Net Assets 2022: $2,338,3622022Assets 2023: $2,372,352Liabilities 2023: $56,048Net Assets 2023: $2,316,3042023Assets 2024: $2,349,827Liabilities 2024: $70,275Net Assets 2024: $2,279,5522024Assets 2025: $2,349,743Liabilities 2025: $108,312Net Assets 2025: $2,241,4312025

Highlighted filing

2024

Assets$2,349,827
Liabilities$70,275
Net Assets$2,279,552
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

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

$400K$200K$0-$200KExpenses 2011: $244,3192011Expenses 2012: $259,4202012Revenue 2013: $194,582Expenses 2013: $253,333Net Income 2013: -$58,7512013Revenue 2014: $206,441Expenses 2014: $260,181Net Income 2014: -$53,7402014Revenue 2015: $220,727Expenses 2015: $285,071Net Income 2015: -$64,3442015Revenue 2016: $229,890Expenses 2016: $282,468Net Income 2016: -$52,5782016Revenue 2017: $230,432Expenses 2017: $290,249Net Income 2017: -$59,8172017Revenue 2018: $227,007Expenses 2018: $309,640Net Income 2018: -$82,6332018Revenue 2019: $253,074Expenses 2019: $314,717Net Income 2019: -$61,6432019Revenue 2020: $257,631Expenses 2020: $308,846Net Income 2020: -$51,2152020Revenue 2021: $258,339Expenses 2021: $333,877Net Income 2021: -$75,5382021Revenue 2022: $279,157Expenses 2022: $331,396Net Income 2022: -$52,2392022Revenue 2023: $322,830Expenses 2023: $344,888Net Income 2023: -$22,0582023Revenue 2024: $331,871Expenses 2024: $368,623Net Income 2024: -$36,7522024Revenue 2025: $352,598Expenses 2025: $390,719Net Income 2025: -$38,1212025

Highlighted filing

2024

Revenue$331,871
Expenses$368,623
Net Income-$36,752
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 30, 2024
Return Version
2023v5.0
Gross Receipts
$331,871
Mission and Program Overview

Mission

The purpose of frederick court development is to develop,construct and operate twenty four (24) units of affordable housing for elderly and handicapped individuals located in brewster, ma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,281,928$2,205,551▼ $76,377
Accounts Receivable$2,666$31,104▲ $28,438
Cash and Non-Interest-Bearing Accounts$3,995$10,868▲ $6,873
Prepaid Expenses and Deferred Charges$5,343$10,625▲ $5,282
Total Assets$2,372,352$2,349,827▼ $22,525
Other Assets Total$78,420$91,679▲ $13,259
Liabilities
Accounts Payable and Accrued Expenses$44,822$49,091▲ $4,269
Escrow Account Liability$10,777$10,961▲ $184
Deferred Revenue$449$10,223▲ $9,774
Total Liabilities$56,048$70,275▲ $14,227
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,316,304$2,279,552▼ $36,752
Total Net Assets Fund Balance$2,316,304$2,279,552▼ $36,752
Total Liabilities and Net Assets / Fund Balance$2,372,352$2,349,827▼ $22,525

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,198,781$1,292,374$3,491,155
Equipment$6,770$48,603$55,373
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Ralph MarottiPresident
Paul RuchinskasVice Chair
Judith ZimmermanBoard Member
Sharon MarottiClerk
Robert TobiasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$181,802
Program Service Revenue
$144,575
Investment Income
$2,370
Other Revenue
$3,124
All Other Contributions
$1,450
Change in Net Assets
$-36,752

Audited Revenue Reconciliation

Revenue per Audited Statements
$331,871
Total Revenue per Audited Statements
$331,871
Total Revenue per Form 990
$331,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$368,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$132,397--$132,397
Fees for Services Management-$76,800-$76,800
Depreciation Depletion$76,378--$76,378
Insurance$42,995--$42,995
Fees for Services Accounting-$13,073-$13,073
Fees for Services Other$7,846--$7,846
Office Expenses-$6,750-$6,750
Other Expenses-$3,489-$3,489
Fees for Services Legal-$2,446-$2,446
Total Functional Expenses$259,616$109,007$0$368,623

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$368,623
Total Expenses per Audited Statements$368,623
Total Expenses per Form 990$368,623
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Contracted management company first realty management.”

Form 990, Page 6, Part VI, Line 7A

“ANNUAL ELECTIONS.”

Form 990, Page 6, Part VI, Line 7B

“Board members approval required.”

Form 990, Page 6, Part VI, Line 9

“Ralph marotti 61 paddock way brewster, ma 02631”

Form 990, Page 6, Part VI, Line 11B

“Treasurer, president and the management company review the financial statements and tax returns prior to submission.”

Form 990, Page 6, Part VI, Line 12C

“Annual board meeting review of policies.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Frederick Court Development
EIN
04-3575600
Phone
5088965510
Address
141 BREWSTER ROAD, BREWSTER, MA 02631

Signing Officer

Name
Paul Ruchinskas
Title
Vice Chair
Phone
5087715400
Signed
2024-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ralph Marotti
Formed
2001
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Sanders Walsh & Eaton Cpas LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Joseph F Mcgee CPA
Phone
5084280790
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The project maintains accounts for security deposits received from tenants. The cash is restricted for reimbursement of the security deposits unless there is evidence of default by a tenant under the lease agreement.”

Raw XML Appendix382 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt044822
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049091
IRS990/AccountsReceivableGrp/BOYAmt02666
IRS990/AccountsReceivableGrp/EOYAmt031104
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE OF FREDERICK COURT DEVELOPMENT IS TO DEVELOP,CONSTRUCT AND OPERATE TWENTY FOUR (24) UNITS OF AFFORDABLE HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS LOCATED IN BREWSTER, MA.
IRS990/AllOtherContributionsAmt01450
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FIRST REALTY MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum06174237000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0151 TREMONT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002111
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03995
IRS990/CashNonInterestBearingGrp/EOYAmt010868
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0181802
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02370
IRS990/CYOtherExpensesAmt0368623
IRS990/CYOtherRevenueAmt03124
IRS990/CYProgramServiceRevenueAmt0144575
IRS990/CYRevenuesLessExpensesAmt0-36752
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0368623
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0331871
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0449
IRS990/DeferredRevenueGrp/EOYAmt010223
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt076378
IRS990/DepreciationDepletionGrp/TotalAmt076378
IRS990/Desc0PROVIDED AFFORDABLE LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt010777
IRS990/EscrowAccountLiabilityGrp/EOYAmt010961
IRS990/ExpenseAmt0259616
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013073
IRS990/FeesForServicesAccountingGrp/TotalAmt013073
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02446
IRS990/FeesForServicesLegalGrp/TotalAmt02446
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt076800
IRS990/FeesForServicesManagementGrp/TotalAmt076800
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07846
IRS990/FeesForServicesOtherGrp/TotalAmt07846
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RALPH MAROTTI
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL RUCHINSKAS
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT TOBIAS
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON MAROTTI
IRS990/Form990PartVIISectionAGrp/PersonNm4JUDITH ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0180352
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0331871
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt042995
IRS990/InsuranceGrp/TotalAmt042995
IRS990/InvestmentIncomeGrp/ExclusionAmt02370
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02370
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01340977
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02281928
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02205551
IRS990/LandBldgEquipCostOrOtherBssAmt03546528
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF FREDERICK COURT DEVELOPMENT IS TO DEVELOP,CONSTRUCT AND OPERATE TWENTY FOUR (24) UNITS OF AFFORDABLE HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS LOCATED IN BREWSTER, MA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02316304
IRS990/NetAssetsOrFundBalancesEOYAmt02279552
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02316304
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02279552
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0132397
IRS990/OccupancyGrp/TotalAmt0132397
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06750
IRS990/OfficeExpensesGrp/TotalAmt06750
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt078420
IRS990/OtherAssetsTotalGrp/EOYAmt091679
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13489
IRS990/OtherExpensesGrp/TotalAmt06449
IRS990/OtherExpensesGrp/TotalAmt13489
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03071
IRS990/OtherRevenueMiscGrp/ExclusionAmt153
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03071
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt153
IRS990/OtherRevenueTotalAmt03124
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05343
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010625
IRS990/PrincipalOfficerNm0RALPH MAROTTI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0144575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0144575
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0159929
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01113
IRS990/PYOtherExpensesAmt0344888
IRS990/PYOtherRevenueAmt014095
IRS990/PYProgramServiceRevenueAmt0147693
IRS990/PYRevenuesLessExpensesAmt0-22058
IRS990/PYTotalExpensesAmt0344888
IRS990/PYTotalRevenueAmt0322830
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-36752
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0144575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0181802
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0159929
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0128877
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0121574
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0122995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0715177
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02370
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0519
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0144575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0147693
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0135413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0121210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0119470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0668361
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03124
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt014095
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt014743
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt015356
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt014647
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt061965
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02370
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04325
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99700
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt01445503
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0329501
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0321717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0279033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0258140
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0257112
IRS990ScheduleA/Total509Grp/TotalAmt01445503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0331871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0322830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0279157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0258339
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0257631
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01449828
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02198781
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01292374
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03491155
IRS990ScheduleD/EquipmentGrp/BookValueAmt06770
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048603
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055373
IRS990ScheduleD/ExpensesSubtotalAmt0368623
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/RevenueSubtotalAmt0331871
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT MAINTAINS ACCOUNTS FOR SECURITY DEPOSITS RECEIVED FROM TENANTS. THE CASH IS RESTRICTED FOR REIMBURSEMENT OF THE SECURITY DEPOSITS UNLESS THERE IS EVIDENCE OF DEFAULT BY A TENANT UNDER THE LEASE AGREEMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02205551
IRS990ScheduleD/TotalExpensesPerForm990Amt0368623
IRS990ScheduleD/TotalRevenuePerForm990Amt0331871
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0331871
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0368623
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONTRACTED MANAGEMENT COMPANY FIRST REALTY MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL ELECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS APPROVAL REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RALPH MAROTTI 61 PADDOCK WAY BREWSTER, MA 02631
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TREASURER, PRESIDENT AND THE MANAGEMENT COMPANY REVIEW THE FINANCIAL STATEMENTS AND TAX RETURNS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL BOARD MEETING REVIEW OF POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02372352
IRS990/TotalAssetsEOYAmt02349827
IRS990/TotalAssetsGrp/BOYAmt02372352
IRS990/TotalAssetsGrp/EOYAmt02349827
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0181802
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0259616
IRS990/TotalFunctionalExpensesGrp/TotalAmt0368623
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056048
IRS990/TotalLiabilitiesEOYAmt070275
IRS990/TotalLiabilitiesGrp/BOYAmt056048
IRS990/TotalLiabilitiesGrp/EOYAmt070275
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02316304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02279552
IRS990/TotalProgramServiceExpensesAmt0259616
IRS990/TotalProgramServiceRevenueAmt0144575
IRS990/TotalRevenueGrp/ExclusionAmt05494
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0144575
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0331871
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02372352
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02349827
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt061 PADDOCK WAY
IRS990/USAddress/CityNm0BREWSTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002631
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL RUCHINSKAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05087715400
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREDERICK COURT DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0FRED
ReturnHeader/Filer/EIN0043575600
ReturnHeader/Filer/PhoneNum05088965510
ReturnHeader/Filer/USAddress/AddressLine1Txt0141 BREWSTER ROAD
ReturnHeader/Filer/USAddress/CityNm0BREWSTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002631
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841894608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SANDERS WALSH & EATON CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX F
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSTERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002655
ReturnHeader/PreparerPersonGrp/PhoneNum05084280790
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH F MCGEE CPA
ReturnHeader/ReturnTs02024-11-27T15:35:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,349,827
Liabilities
$70,275
Net assets
$2,279,552
Revenue
$331,871
Expenses
$368,623
Net income
-$36,752
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.35$0.11$2.24$0.35$0.39$0.04
2024Detailed filing. Detailed filing data is available for this year.$2.35$0.07$2.28$0.33$0.37$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.37$0.06$2.32$0.32$0.34$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.40$0.07$2.34$0.28$0.33$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.43$0.04$2.39$0.26$0.33$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.51$0.04$2.47$0.26$0.31$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.55$0.04$2.52$0.25$0.31$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.62$0.04$2.58$0.23$0.31$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.70$0.04$2.66$0.23$0.29$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.75$0.03$2.72$0.23$0.28$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.80$0.03$2.77$0.22$0.29$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.86$0.02$2.84$0.21$0.26$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.02$2.89$0.19$0.25$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.03$2.95$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.03$3.02$0.24