Civic Intelligence

Home City Development Inc.

990 • Fiscal year 2020 • EIN 04-6190467

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 09, 2021

Organization ProfileWWW.HOMECITYDEVELOPMENT.ORG

View Organization Page

261 Oak Grove AvenueSpringfield, MA 01109

(413) 785-5312

Siviq Scores

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

Liabilities / Assets

56th percentile

0.29x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

4.05x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

16th percentile

-14%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$169,765

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

53rd percentile

8.0%

Faster asset growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-31%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$16,105,510

Up $1,189,900 (+8.0%) from 2019

Net Assets

Up

$11,427,296

Up $66,336 (+0.6%) from 2019

Liabilities

Up

$4,678,214

Up $1,123,564 (+32%) from 2019

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin16th percentile

Revenue

Down

$1,154,466

Down $515,256 (-31%) from 2019

Expenses

Up

$1,317,213

Up $177,260 (+16%) from 2019

Net Income

Down

-$162,747

Down $692,516 (-131%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$60M$40M$20M$0Assets 2011: $3,789,100Liabilities 2011: $2,838,463Net Assets 2011: $950,6372011Assets 2012: $5,596,874Liabilities 2012: $2,593,169Net Assets 2012: $3,003,7052012Assets 2013: $5,995,776Liabilities 2013: $2,003,421Net Assets 2013: $3,992,3552013Assets 2014: $10,351,449Liabilities 2014: $4,369,701Net Assets 2014: $5,981,7482014Assets 2015: $11,530,615Liabilities 2015: $7,068,181Net Assets 2015: $4,462,4342015Assets 2016: $11,134,539Liabilities 2016: $4,247,453Net Assets 2016: $6,887,0862016Assets 2017: $12,703,357Liabilities 2017: $4,733,468Net Assets 2017: $7,969,8892017Assets 2018: $13,454,716Liabilities 2018: $2,936,512Net Assets 2018: $10,518,2042018Assets 2019: $14,915,610Liabilities 2019: $3,554,650Net Assets 2019: $11,360,9602019Assets 2020: $16,105,510Liabilities 2020: $4,678,214Net Assets 2020: $11,427,2962020Assets 2021: $15,775,339Liabilities 2021: $3,760,684Net Assets 2021: $12,014,6552021Assets 2022: $19,443,390Liabilities 2022: $6,574,590Net Assets 2022: $12,868,8002022Assets 2023: $23,941,602Liabilities 2023: $11,418,439Net Assets 2023: $12,523,1632023Assets 2024: $54,239,900Liabilities 2024: $42,117,710Net Assets 2024: $12,122,1902024

Highlighted filing

2020

Assets$16,105,510
Liabilities$4,678,214
Net Assets$11,427,296
Open 2020 Filing

Operations Trend

Revenue Growth13th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $565,559Expenses 2011: $680,481Net Income 2011: -$114,9222011Revenue 2012: $1,989,337Expenses 2012: $1,742,140Net Income 2012: $247,1972012Revenue 2013: $2,264,941Expenses 2013: $1,830,092Net Income 2013: $434,8492013Revenue 2014: $3,389,729Expenses 2014: $2,215,327Net Income 2014: $1,174,4022014Revenue 2015: $3,169,762Expenses 2015: $2,590,703Net Income 2015: $579,0592015Revenue 2016: $2,561,835Expenses 2016: $2,348,481Net Income 2016: $213,3542016Revenue 2017: $2,653,654Expenses 2017: $1,661,444Net Income 2017: $992,2102017Revenue 2018: $2,971,196Expenses 2018: $1,875,800Net Income 2018: $1,095,3962018Revenue 2019: $1,669,722Expenses 2019: $1,139,953Net Income 2019: $529,7692019Revenue 2020: $1,154,466Expenses 2020: $1,317,213Net Income 2020: -$162,7472020Revenue 2021: $1,734,116Expenses 2021: $1,430,775Net Income 2021: $303,3412021Revenue 2022: $3,023,264Expenses 2022: $1,600,953Net Income 2022: $1,422,3112022Revenue 2023: $1,135,582Expenses 2023: $1,737,131Net Income 2023: -$601,5492023Revenue 2024: $1,437,102Expenses 2024: $1,970,169Net Income 2024: -$533,0672024

Highlighted filing

2020

Revenue$1,154,466
Expenses$1,317,213
Net Income-$162,747
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 9, 2021
Return Version
2020v4.1
Gross Receipts
$1,154,466
Mission and Program Overview

Mission

To remedy substandard housing for lower income families in the springfield, ma area and vicinity.

1.to restore or replace substandard housing with a supply of decent, affordable, and well-managed housing for individuals and families.2.to facilitate neighborhood growth and health in collaboration with partners, leading to long-term family and community stability.3.to work with residents, building on their strengths, toward healthy and stable futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,288,180$5,392,323▲ $1,104,143
Investments Program Related$4,556,696$4,669,191▲ $112,495
Investments in Publicly Traded Securities$2,962,162$3,162,340▲ $200,178
Accounts Receivable$1,617,479$1,478,477▼ $139,002
Cash and Non-Interest-Bearing Accounts$871,327$571,545▼ $299,782
Prepaid Expenses and Deferred Charges$9,449$15,857▲ $6,408
Total Assets$14,915,610$16,105,510▲ $1,189,900
Other Assets Total$610,317$815,777▲ $205,460
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,177,158$3,840,908▲ $663,750
Accounts Payable and Accrued Expenses$328,061$755,424▲ $427,363
Other Liabilities$45,244$43,863▼ $1,381
Deferred Revenue$4,187$38,019▲ $33,832
Total Liabilities$3,554,650$4,678,214▲ $1,123,564
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,810,993$10,849,782▲ $38,789
Net Assets With Donor Restrictions$549,967$577,514▲ $27,547
Total Net Assets Fund Balance$11,360,960$11,427,296▲ $66,336
Total Liabilities and Net Assets / Fund Balance$14,915,610$16,105,510▲ $1,189,900

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,895,579$464,210$5,359,789
Land$496,744-$496,744
Investment Program Related Org$4,655,312--
Other Assets Org$577,514--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas KegelmanExecutive Director/ ClerkFT$128,196$41,569$169,765
Peter SeafinoDirector of Real Estate DevFT$116,490-$116,490

Board Members and Trustees

NameTitle
V Van Johnson EsqPresident
Thomas MccolganVice President
Adam GomezDirector
David MaynardDirector
Dr Andrew BalderDirector
Jennifer GableDirector
Karen RucksDirector
Kyle CallenderDirector
Loleta CollinsDirector
Malissa NaylorDirector
Steven E DauryDirector
Christopher SugrueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,168
Program Service Revenue
$541,670
Investment Income
$412,912
Other Revenue
$14,716
All Other Contributions
$117,978
Change in Net Assets
$-162,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,134,256
Revenue Not Reported on Financial Statements
$20,210
Revenue Not Reported on Form 990
$170,187
Total Revenue per Audited Statements
$1,304,443
Total Revenue per Form 990
$1,154,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$764,129
Salaries, Compensation, and Employee Benefits$553,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$176,433$128,741-$305,174
Current Officers, Directors, Trustees, and Key Employees$127,323$42,442-$169,765
Office Expenses-$141,358-$141,358
Depreciation Depletion$49,023$36,668-$85,691
Fees for Services Accounting-$57,372-$57,372
Payroll Taxes$23,732$14,156-$37,888
Interest$24,264$11,382-$35,646
Other Employee Benefits$18,213$12,825-$31,038
Insurance$13,286$12,327-$25,613
Advertising$570$21,318-$21,888
Occupancy$14,907--$14,907
Fees for Services Management-$12,159-$12,159
Pension Plan Contributions$4,672$4,547-$9,219
Fees for Services Legal-$5,542-$5,542
Conferences and Meetings-$3,934-$3,934
Other Expenses$16,552$2,848-$2,848
Travel-$1,437-$1,437
All Other Expenses$255$18-$273
Total Functional Expenses$800,043$517,170$0$1,317,213

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,317,213
Expenses per Audited Statements$1,297,003
Total Expenses per Audited Statements$1,297,003
Expenses Not Reported on Financial Statements$20,210
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities(detail)-990$33,810
Secuirty Deposits$10,053
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A member of the finance committee will review the form 990 and then present it with his/her recommendations to the full board of directors to be voted on for final approval.”

Form 990, Part VI, Section B, Line 12C

“Annually all board of directors and key employees complete a conflict of interest disclosure.”

Form 990, Part VI, Section B, Line 15A

“The executive committee of the board of directors is responsible for determing the executive director compenstation annually.”

Form 990, Part VI, Section C, Line 19

“Home city development, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Home City Development Inc
EIN
04-6190467
Phone
4137855312
Address
261 OAK GROVE AVENUE, SPRINGFIELD, MA 01109

Signing Officer

Name
Thomas Kegelman
Title
Officer
Phone
4137855312
Signed
2021-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Kegelman
Formed
1968
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
9

Preparer

Firm
Flaherty Salmin Llp
Address
2300 BUFFALO RD BLDG 200, ROCHESTER, NY 14624
Preparer
Dale Rowland CPA
Phone
5852790120
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Gaap adjustments to negative investment in partnerships 58,896.”

Raw XML AppendixShowing 400 of 825 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0328061
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0755424
IRS990/AccountsReceivableGrp/BOYAmt01617479
IRS990/AccountsReceivableGrp/EOYAmt01478477
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc01.TO RESTORE OR REPLACE SUBSTANDARD HOUSING WITH A SUPPLY OF DECENT, AFFORDABLE, AND WELL-MANAGED HOUSING FOR INDIVIDUALS AND FAMILIES.2.TO FACILITATE NEIGHBORHOOD GROWTH AND HEALTH IN COLLABORATION WITH PARTNERS, LEADING TO LONG-TERM FAMILY AND COMMUNITY STABILITY.3.TO WORK WITH RESIDENTS, BUILDING ON THEIR STRENGTHS, TOWARD HEALTHY AND STABLE FUTURES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt021318
IRS990/AdvertisingGrp/ProgramServicesAmt0570
IRS990/AdvertisingGrp/TotalAmt021888
IRS990/AllOtherContributionsAmt0117978
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0255
IRS990/AllOtherExpensesGrp/TotalAmt0273
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS KEGELMAN
IRS990/BooksInCareOfDetail/PhoneNum04137855312
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0261 OAK GROVE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001109
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0871327
IRS990/CashNonInterestBearingGrp/EOYAmt0571545
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt042442
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0127323
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0169765
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03934
IRS990/ConferencesMeetingsGrp/TotalAmt03934
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0185168
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0412912
IRS990/CYOtherExpensesAmt0764129
IRS990/CYOtherRevenueAmt014716
IRS990/CYProgramServiceRevenueAmt0541670
IRS990/CYRevenuesLessExpensesAmt0-162747
IRS990/CYSalariesCompEmpBnftPaidAmt0553084
IRS990/CYTotalExpensesAmt01317213
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01154466
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04187
IRS990/DeferredRevenueGrp/EOYAmt038019
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt036668
IRS990/DepreciationDepletionGrp/ProgramServicesAmt049023
IRS990/DepreciationDepletionGrp/TotalAmt085691
IRS990/Desc0RENTAL DEVELOPMENT & MANAGEMENT OF LOW INCOME HOUSING IN SPRINGFIELD, MA AREA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0549967
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0577514
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0800043
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt057372
IRS990/FeesForServicesAccountingGrp/TotalAmt057372
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05542
IRS990/FeesForServicesLegalGrp/TotalAmt05542
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt012159
IRS990/FeesForServicesManagementGrp/TotalAmt012159
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt127307
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0DR ANDREW BALDER
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVEN E DAURY
IRS990/Form990PartVIISectionAGrp/PersonNm2V VAN JOHNSON ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS MCCOLGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER GABLE
IRS990/Form990PartVIISectionAGrp/PersonNm5ADAM GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm6LOLETA COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTOPHER SUGRUE
IRS990/Form990PartVIISectionAGrp/PersonNm8KYLE CALLENDER
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID MAYNARD
IRS990/Form990PartVIISectionAGrp/PersonNm10KAREN RUCKS
IRS990/Form990PartVIISectionAGrp/PersonNm11MALISSA NAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm12THOMAS KEGELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER SEAFINO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12162458
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13116490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR/ CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF REAL ESTATE DEV
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0185147
IRS990/GainOrLossGrp/SecuritiesAmt022870
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt067190
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0185147
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt022870
IRS990/GrossReceiptsAmt01154466
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012327
IRS990/InsuranceGrp/ProgramServicesAmt013286
IRS990/InsuranceGrp/TotalAmt025613
IRS990/InterestGrp/ManagementAndGeneralAmt011382
IRS990/InterestGrp/ProgramServicesAmt024264
IRS990/InterestGrp/TotalAmt035646
IRS990/InvestmentIncomeGrp/ExclusionAmt0204895
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0204895
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04556696
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04669191
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02962162
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03162340
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0464210
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04288180
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05392323
IRS990/LandBldgEquipCostOrOtherBssAmt05856533
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc01.TO RESTORE OR REPLACE SUBSTANDARD HOUSING WITH A SUPPLY OF DECENT, AFFORDABLE, AND WELL-MANAGED HOUSING FOR INDIVIDUALS AND FAMILIES.2.TO FACILITATE NEIGHBORHOOD GROWTH AND HEALTH IN COLLABORATION WITH PARTNERS, LEADING TO LONG-TERM FAMILY AND COMMUNITY STABILITY.3.TO WORK WITH RESIDENTS, BUILDING ON THEIR STRENGTHS, TOWARD HEALTHY AND STABLE FUTURES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03177158
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03840908
IRS990/NetAssetsOrFundBalancesBOYAmt011360960
IRS990/NetAssetsOrFundBalancesEOYAmt011427296
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt022870
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0185147
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0208017
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0170187
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010810993
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010849782
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt014907
IRS990/OccupancyGrp/TotalAmt014907
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0141358
IRS990/OfficeExpensesGrp/TotalAmt0141358
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0610317
IRS990/OtherAssetsTotalGrp/EOYAmt0815777
IRS990/OtherChangesInNetAssetsAmt058896
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012825
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018213
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031038
IRS990/OtherExpensesGrp/Desc0RESIDENT SERVICES COORD
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07522
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1574
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22848
IRS990/OtherExpensesGrp/ProgramServicesAmt0301172
IRS990/OtherExpensesGrp/ProgramServicesAmt129641
IRS990/OtherExpensesGrp/ProgramServicesAmt216552
IRS990/OtherExpensesGrp/TotalAmt0301172
IRS990/OtherExpensesGrp/TotalAmt137163
IRS990/OtherExpensesGrp/TotalAmt217126
IRS990/OtherExpensesGrp/TotalAmt32848
IRS990/OtherLiabilitiesGrp/BOYAmt045244
IRS990/OtherLiabilitiesGrp/EOYAmt043863
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014716
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014716
IRS990/OtherRevenueTotalAmt014716
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0128741
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0176433
IRS990/OtherSalariesAndWagesGrp/TotalAmt0305174
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014156
IRS990/PayrollTaxesGrp/ProgramServicesAmt023732
IRS990/PayrollTaxesGrp/TotalAmt037888
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04547
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04672
IRS990/PensionPlanContributionsGrp/TotalAmt09219
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09449
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015857
IRS990/PrincipalOfficerNm0THOMAS KEGELMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPER FEE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230744
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1226528
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt284398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230744
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1226528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt284398
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0330484
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0292623
IRS990/PYOtherExpensesAmt0770880
IRS990/PYOtherRevenueAmt018689
IRS990/PYProgramServiceRevenueAmt01027926
IRS990/PYRevenuesLessExpensesAmt0529769
IRS990/PYSalariesCompEmpBnftPaidAmt0369073
IRS990/PYTotalExpensesAmt01139953
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01669722
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-162747
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0541670
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0185168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0330484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0383929
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt059677
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0969258
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0204895
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0184406
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0167694
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt073478
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt096462
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0726935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0541670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01027926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02049632
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02544026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02347094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08510348
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0204895
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0184406
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0167694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt073478
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt096462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0726935
IRS990ScheduleA/InvestmentIncomeCYPct00.06600
IRS990ScheduleA/InvestmentIncomePYPct00.04630
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt014716
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt018689
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0774794
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0808199
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86060
IRS990ScheduleA/PublicSupportPY509Pct00.89350
IRS990ScheduleA/PublicSupportTotal509Amt09479606
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0726838
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01358410
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02433561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02603703
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02357094
IRS990ScheduleA/Total509Grp/TotalAmt09479606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0946449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01561505
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03376049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02677181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02453556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011014740

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,105,510
Liabilities
$4,678,214
Net assets
$11,427,296
Revenue
$1,154,466
Expenses
$1,317,213
Net income
-$162,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$54.2$42.1$12.1$1.44$1.97$0.53
2023Detailed filing. Detailed filing data is available for this year.$23.9$11.4$12.5$1.14$1.74$0.60
2022Detailed filing. Detailed filing data is available for this year.$19.4$6.57$12.9$3.02$1.60$1.42
2021Detailed filing. Detailed filing data is available for this year.$15.8$3.76$12.0$1.73$1.43$0.30
2020Detailed filing. Detailed filing data is available for this year.$16.1$4.68$11.4$1.15$1.32$0.16
2019Detailed filing. Detailed filing data is available for this year.$14.9$3.55$11.4$1.67$1.14$0.53
2018Detailed filing. Detailed filing data is available for this year.$13.5$2.94$10.5$2.97$1.88$1.10
2017Detailed filing. Detailed filing data is available for this year.$12.7$4.73$7.97$2.65$1.66$0.99
2016Summary only. Only limited summary data is available for this year.$11.1$4.25$6.89$2.56$2.35$0.21
2015Detailed filing. Detailed filing data is available for this year.$11.5$7.07$4.46$3.17$2.59$0.58
2014Summary only. Only limited summary data is available for this year.$10.4$4.37$5.98$3.39$2.22$1.17
2013Summary only. Only limited summary data is available for this year.$6.00$2.00$3.99$2.26$1.83$0.43
2012Summary only. Only limited summary data is available for this year.$5.60$2.59$3.00$1.99$1.74$0.25
2011Summary only. Only limited summary data is available for this year.$3.79$2.84$0.95$0.57$0.68$0.11