Civic Intelligence

Old Colony Beneficial Assoc Corp

EIN 04-6049765 • 501(c)9 • West Springfield, MA

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Profile

Life insurance benefits for members (approx 108 members)

366 Sibley AvenueWest Springfield, MA 01089

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

33rd percentile

-120%

Higher net margin than 33% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$3,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

501(c)9 • <$500k nonprofits • Source year 2017

Asset Growth

46th percentile

-100%

Faster asset growth than 46% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

814%

Faster revenue growth than 98% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $36,828 (-100%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $36,828 (-100%) from 2016

Operations
Liabilities / RevenueScore unavailableNet Margin33rd percentile

Revenue

Up

$16,888

Up $15,040 (+814%) from 2016

Expenses

Up

$37,115

Up $31,703 (+586%) from 2016

Net Income

Down

-$20,227

Down $16,663 (-468%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $83,644Net Assets 2010: $83,6442010Assets 2011: $69,388Net Assets 2011: $69,3882011Assets 2012: $59,340Liabilities 2012: $02012Assets 2013: $55,681Liabilities 2013: $0Net Assets 2013: $55,6812013Assets 2014: $46,066Liabilities 2014: $0Net Assets 2014: $46,0662014Assets 2015: $38,913Liabilities 2015: $0Net Assets 2015: $38,9132015Assets 2016: $36,828Liabilities 2016: $0Net Assets 2016: $36,8282016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities-
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2010: $18,004Expenses 2010: $19,066Net Income 2010: -$1,0622010Revenue 2011: $14,006Expenses 2011: $22,021Net Income 2011: -$8,0152011Revenue 2012: $5,126Expenses 2012: $17,064Net Income 2012: -$11,9382012Revenue 2013: $4,340Expenses 2013: $15,140Net Income 2013: -$10,8002013Revenue 2014: $5,046Expenses 2014: $11,373Net Income 2014: -$6,3272014Revenue 2015: $3,346Expenses 2015: $5,863Net Income 2015: -$2,5172015Revenue 2016: $1,848Expenses 2016: $5,412Net Income 2016: -$3,5642016Revenue 2017: $16,888Expenses 2017: $37,115Net Income 2017: -$20,2272017

Highlighted filing

2017

Revenue$16,888
Expenses$37,115
Net Income-$20,227
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$16,888
Expenses
$37,115
Net income
-$20,227
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$16.9$37.1$20.2
2016Detailed filing. Detailed filing data is available for this year.$36.8$0.00$36.8$1.85$5.41$3.56
2015Detailed filing. Detailed filing data is available for this year.$38.9$0.00$38.9$3.35$5.86$2.52
2014Detailed filing. Detailed filing data is available for this year.$46.1$0.00$46.1$5.05$11.4$6.33
2013Detailed filing. Detailed filing data is available for this year.$55.7$0.00$55.7$4.34$15.1$10.8
2012Summary only. Only limited summary data is available for this year.$59.3$0.00$5.13$17.1$11.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.4$69.4$14.0$22.0$8.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.6$83.6$18.0$19.1$1.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.3
Gross Receipts
$35,485
Mission and Program Overview

Mission

Life insurance benefits for members (approx 108 members) and other benefits the board votes to offer.

Program Services

DescriptionGrantsExpenses
GROUP TERM LIFE INSURANCE WAS PROVIDED TO MEMBERS WHO ARE EMPLOYESS OF NATIONAL PAPER COMPANY.--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DRUSILLA O ZIELINSKITreas, Sec-$3,000-$3,000
TERRY AUSTINVice Preside-$1,200-$1,200
PHILIP CORTISPresident-$0--
MARGARET HILLDirector-$0--
BARBARA L GEYERDirector-$0--
PATRICIA A TALBOTDirector-$0--
LINDA PILACHOWSKIDirector-$0--
LINDA WILLIAMSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Old Colony Beneficial Assoc Corp
EIN
04-6049765
Phone
4137886027
Address
366 SIBLEY AVENUE, WEST SPRINGFIELD, MA 01089

Signing Officer

Name
Drusilla O Zielinski
Title
Treas, Sec
Phone
4137886027
Signed
2018-05-09
Discuss with paid preparer
Yes

Preparer

Firm
John P Liptak CPA Pc
Address
30 COURT ST SUITE 6, WESTFIELD, MA 01085
Preparer
John P Liptak CPA Mst
Phone
4135680979
Supplemental Narrative

Additional Explanations

Form 990-ez

“The organization is filing final return. The checking account balance remaining at 12/31/17 will be used to pay final admin, legal, and acctg fees.”

Form 990-ez, Part I, Line 10

“Name: friends of the westfield senior ctr address: 2184 noble street westfield, ma 01086 cash contribution: 22,000”

Form 990-ez, Part I, Line 16

“Expenses final dissolution exps 6,671 insurance - bond 338 admin exp 306 total 7,315”

Form 990-ez, Part I, Line 20

“Change in unrealized market value of securities -16,601”

Form 990-ez, Part III

“Life insurance benefits for members (approx 108 members) and other benefits the board votes to offer.”

Raw XML Appendix148 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DRUSILLA ZIELINSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum04137886027
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0366 SIBLEY AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WEST SPRINGFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001089
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036828
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt018597
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-20227
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03600
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036828
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt016779
IRS990EZ/GrantsAndSimilarAmountsPaidAmt022000
IRS990EZ/GrossReceiptsAmt035485
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0109
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036828
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036828
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt13000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt21200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP CORTIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DRUSILLA O ZIELINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TERRY AUSTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARGARET HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BARBARA L GEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5PATRICIA A TALBOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LINDA PILACHOWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LINDA WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREAS, SEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-16601
IRS990EZ/OtherExpensesTotalAmt07315
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LIFE INSURANCE BENEFITS FOR MEMBERS (APPROX 108 MEMBERS) AND OTHER BENEFITS THE BOARD VOTES TO OFFER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GROUP TERM LIFE INSURANCE WAS PROVIDED TO MEMBERS WHO ARE EMPLOYESS OF NATIONAL PAPER COMPANY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04200
IRS990EZ/SaleOfAssetsGrossAmt035376
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037115
IRS990EZ/TotalRevenueAmt016888
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0FRIENDS OF WESTFIELD SENIOR CENTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-06-17
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt022000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0NOBLE STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0WESTFIELD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd001085
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0SUFFFOLK SUPERIOR COURT ISSUED AN INTERLOCUTORY ORDER AS A RESULT OF THE DISSOLUTION OF OLD COLONY BENEFICIAL ASSOCIATION CORPORATION STATING THAT OLD COLONY BENEFICIAL ASSOCIATION CORPORATION SHALL TRANSFER ITS REMAINING ASSETS TO FREINDS OF THE WESTFIELD SENIOR CENTER, INC. REMAINING ASSETS HAVE AN ESTIMATED VALUE OF 22,000.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 2, PART I, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS FILING FINAL RETURN. THE CHECKING ACCOUNT BALANCE REMAINING AT 12/31/17 WILL BE USED TO PAY FINAL ADMIN, LEGAL, AND ACCTG FEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: FRIENDS OF THE WESTFIELD SENIOR CTR ADDRESS: 2184 NOBLE STREET WESTFIELD, MA 01086 CASH CONTRIBUTION: 22,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES FINAL DISSOLUTION EXPS 6,671 INSURANCE - BOND 338 ADMIN EXP 306 TOTAL 7,315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN UNREALIZED MARKET VALUE OF SECURITIES -16,601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LIFE INSURANCE BENEFITS FOR MEMBERS (APPROX 108 MEMBERS) AND OTHER BENEFITS THE BOARD VOTES TO OFFER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DRUSILLA O ZIELINSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREAS, SEC
ReturnHeader/BusinessOfficerGrp/PhoneNum04137886027
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD COLONY BENEFICIAL ASSOC CORP
ReturnHeader/Filer/BusinessNameControlTxt0OLDC
ReturnHeader/Filer/EIN0046049765
ReturnHeader/Filer/PhoneNum04137886027
ReturnHeader/Filer/USAddress/AddressLine1Txt0366 SIBLEY AVENUE
ReturnHeader/Filer/USAddress/CityNm0WEST SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001089
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0511DDBFBEA0433D9B57A0CDC0EB1B1F6554EBA0A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BEA199B1E299AAA1A6F0DE40EE811D23F93CF5B7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.9.68.89
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:37:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263432522
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN P LIPTAK CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030 COURT ST SUITE 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001085
ReturnHeader/PreparerPersonGrp/PhoneNum04135680979
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN P LIPTAK CPA MST
ReturnHeader/ReturnTs02018-05-15T09:37:46-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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