Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
990 • Fiscal year 2016 • EIN 04-6046883
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
59th percentile
Higher top officer pay than 59% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Assets
Up$1,398,680
Up $44,376 (+3.3%) from 2015
Net Assets
Down$1,146,976
Down $33,981 (-2.9%) from 2015
Liabilities
Up$251,704
Up $78,357 (+45%) from 2015
Revenue
Up$79,897
Up $25,760 (+48%) from 2015
Expenses
Up$61,920
Up $2,895 (+4.9%) from 2015
Net Income
Up$17,977
Up $22,865 (+468%) from 2015
To bring together neighborhood families and individuals for betterment of neighborhood
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $419,965 | $460,174 | ▲ $40,209 |
| Cash and Non-Interest-Bearing Accounts | $11,586 | $76,181 | ▲ $64,595 |
| Total Assets | $1,354,304 | $1,398,680 | ▲ $44,376 |
| Other Assets Total | $922,753 | $862,325 | ▼ $60,428 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $164,500 | $184,496 | ▲ $19,996 |
| Other Liabilities | - | $61,477 | - |
| Unsecured Notes Loans Payable | $8,847 | $5,731 | ▼ $3,116 |
| Total Liabilities | $173,347 | $251,704 | ▲ $78,357 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $804,641 | $707,142 | ▼ $97,499 |
| Unrestricted Net Assets | $376,316 | $439,834 | ▲ $63,518 |
| Total Net Assets Fund Balance | $1,180,957 | $1,146,976 | ▼ $33,981 |
| Total Liabilities and Net Assets / Fund Balance | $1,354,304 | $1,398,680 | ▲ $44,376 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $367,522 | $5,291 | $372,813 |
| Leasehold Improvements | $67,314 | $35,889 | $103,203 |
| Equipment | $25,338 | $45,553 | $70,891 |
| Other Assets Org | $862,325 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2015 | $922,753 | - | ▲ $14,154 | $66,000 | $862,325 |
| 2014 | $951,210 | - | ▲ $46,779 | $66,000 | $922,753 |
| 2013 | $954,041 | - | ▲ $31,889 | $25,500 | $951,210 |
| 2012 | $895,932 | - | ▲ $87,009 | $20,100 | $954,041 |
| 2011 | $870,327 | - | ▲ $55,072 | $21,000 | $895,932 |
| Name | Title |
|---|---|
| James Macneil | Vice President |
| Andy Cohen | Director |
| Bill Rich | Director |
| Charles Noss | Director |
| Tony Paluzzi | Director |
| Charles Wallis | Trustee |
| Rod Forter | Trustee |
| Walter Riley | Trustee |
| Ellen Faulkner | Secretary |
| Roberta Chirco | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $61,920 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | - | $13,825 | - | $13,825 |
| Fees for Service Investment Mgmnt Fees | - | $8,582 | - | $8,582 |
| Interest | - | $7,175 | - | $7,175 |
| Insurance | - | $4,608 | - | $4,608 |
| Other Expenses | $1,294 | $2,181 | - | $2,181 |
| All Other Expenses | - | $1,000 | - | $1,000 |
| Fees for Services Legal | - | $623 | - | $623 |
| Total Functional Expenses | $1,294 | $60,626 | $0 | $61,920 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | $61,477 |
| Deferred Insurance Proceeds | - |
“Changes to Organization B-Laws, incurring debts or payments of large capital expenses requires the approval of a majority of the voting Association members.”
“The Form 990 is reviewed annually by the Audit Committee as part of the annual review process.”
“An Ad Hoc committee is drafting policies and procedures for the following Conflict of interest Policy, Whistleblower Policy, Document Retention and Destruction Policy and Policy regarding Safeguarding Exempt Status.”
“Governing Documents The By-Laws are available on the organizations Web Site BeverlyCove.Org. Financial statements and policy procedures are available upon request. Annual financial statements and budgets are submitted to members at the annual meeting.”
“As permitted under Massachusetts rules the Corporation has established an Audit Committee to oversee and review the financial records and procedures of the Corporation.”
“The endowment Trust Fund is reported at fair market value FMV and during the fiscal year there was 43,645 in unrealized losses.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO BRING TOGETHER NEIGHBORHOOD FAMILIES AND INDIVIDUALS FOR BETTERMENT OF NEIGHBORHOOD |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllAffiliatesIncludedInd | 0 | true |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1000 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1000 |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ROBERTA CHIRCO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9789692127 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 55 CORNING ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BEVERLY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01915 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 11586 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 76181 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2650 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 57817 |
| IRS990/CYOtherExpensesAmt | 0 | 61920 |
| IRS990/CYOtherRevenueAmt | 0 | 13508 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 5922 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 17977 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 61920 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 79897 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 13825 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 13825 |
| IRS990/Desc | 0 | SOCIAL ACTIVITIES TO BRING NEIGHBORS TOGETHER FOR THE BETTERMENT OF THE NEIGHBORHOOD |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1294 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 623 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 623 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 8582 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 8582 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 010.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 010.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 010.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 020.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 010.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 020.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ANDY COHEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CHARLES NOSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BILL RICH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TONY PALUZZI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHARLES WALLIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | WALTER RILEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ROD FORTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JAMES MACNEIL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ELLEN FAULKNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ROBERTA CHIRCO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1921 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 79897 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 13508 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4608 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4608 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 7175 |
| IRS990/InterestGrp/TotalAmt | 0 | 7175 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 57817 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 57817 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 86733 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 419965 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 460174 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 546907 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 2650 |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO BRING TOGETHER NEIGHBORHOOD FAMILIES AND INDIVIDUALS FOR BETTERMENT OF NEIGHBORHOOD |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 164500 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 184496 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1180957 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1146976 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 13508 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 13508 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -43645 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 922753 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 862325 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | ACTIVITIES EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | OFFICE EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8194 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 14438 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 2181 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1294 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8194 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 14438 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1294 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2181 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 61477 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 804641 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 707142 |
| IRS990/PoliciesReferenceChaptersInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | James MacNeil |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -8313 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SOCIAL ACTIVITIES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5922 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 5922 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2795 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 31301 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 59025 |
| IRS990/PYOtherRevenueAmt | 0 | 9570 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 10471 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -4888 |
| IRS990/PYTotalExpensesAmt | 0 | 59025 |
| IRS990/PYTotalRevenueAmt | 0 | 54137 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 17977 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 13508 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 5922 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.03000 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 367522 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 5291 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 372813 |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 8582 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 922753 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 862325 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 14154 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 66000 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 9236 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 951210 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 922753 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 46779 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 66000 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 9220 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 954041 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 951210 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 31889 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 25500 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 8800 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 895932 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 954041 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 87009 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 20100 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 8467 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 870327 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 895932 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 55072 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 21000 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 25338 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 45553 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 70891 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 67314 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 35889 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 103203 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 862325 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | ENDOWMENT-ANNA P FOSTER TRUST FUND |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 61477 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Deferred Insurance Proceeds |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.97000 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 460174 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 862325 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 61477 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Changes to Organization B-Laws, incurring debts or payments of large capital expenses requires the approval of a majority of the voting Association members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Form 990 is reviewed annually by the Audit Committee as part of the annual review process. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | An Ad Hoc committee is drafting policies and procedures for the following Conflict of interest Policy, Whistleblower Policy, Document Retention and Destruction Policy and Policy regarding Safeguarding Exempt Status. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Governing Documents The By-Laws are available on the organizations Web Site BeverlyCove.Org. Financial statements and policy procedures are available upon request. Annual financial statements and budgets are submitted to members at the annual meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The endowment Trust Fund is reported at fair market value FMV and during the fiscal year there was 43,645 in unrealized losses. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | As permitted under Massachusetts rules the Corporation has established an Audit Committee to oversee and review the financial records and procedures of the Corporation. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A., Line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B., Line 11b. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B., Line 12a, 13, 14, 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C., Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part XI, Line 5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VII, Line 2 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | true |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1354304 |
| IRS990/TotalAssetsEOYAmt | 0 | 1398680 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1354304 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1398680 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 2650 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 60626 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1294 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 61920 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 173347 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 251704 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 173347 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 251704 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1180957 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1146976 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1294 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 5922 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 77247 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 79897 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1354304 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1398680 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 376316 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 439834 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 8847 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 5731 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 9 Ray Street |
| IRS990/USAddress/CityNm | 0 | Beverly |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/USAddress/ZIPCd | 0 | 01915 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 10 |
| IRS990/WebsiteAddressTxt | 0 | BeverlyCove.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERTA CHIRCO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-08-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BEVERLY COVE IMPROVEMENT ASSOCIATIONINC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BEVE |
| ReturnHeader/Filer/EIN | 0 | 046046883 |
| ReturnHeader/Filer/PhoneNum | 0 | 9789276095 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 19 E CORNING STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BEVERLY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 01915 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RILEY FINANCIAL SERVICES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 20 Oak St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Beverly Farms |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 019152230 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9789275189 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.