Civic Intelligence

Swap Stop Wasting Abandoned Property

990 • Fiscal year 2020 • EIN 05-0370946

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 15, 2021

Organization ProfileWWW.SWAPINC.ORG

View Organization Page

439 Pine StreetProvidence, RI 02907

(401) 272-0526

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.73x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

6.67x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

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

Asset Growth

50th percentile

6.9%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

5th percentile

-56%

Faster revenue growth than 5% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$16,771,764

Up $1,079,949 (+6.9%) from 2019

Net Assets

Up

$4,511,992

Up $930,906 (+26%) from 2019

Liabilities

Up

$12,259,772

Up $149,043 (+1.2%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin91st percentile

Revenue

Down

$1,837,185

Down $2,315,489 (-56%) from 2019

Expenses

Up

$906,279

Up $125,528 (+16%) from 2019

Net Income

Down

$930,906

Down $2,441,017 (-72%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $11,006,311Liabilities 2010: $8,692,471Net Assets 2010: $2,313,8402010Assets 2011: $14,170,645Liabilities 2011: $11,468,386Net Assets 2011: $2,702,2592011Assets 2012: $14,516,382Liabilities 2012: $11,983,899Net Assets 2012: $2,532,4832012Assets 2013: $14,723,788Liabilities 2013: $12,323,340Net Assets 2013: $2,400,4482013Assets 2014: $13,654,058Liabilities 2014: $12,420,093Net Assets 2014: $1,233,9652014Assets 2015: $12,834,527Liabilities 2015: $12,336,087Net Assets 2015: $498,4402015Assets 2017: $14,534,381Liabilities 2017: $13,151,671Net Assets 2017: $1,382,7102017Assets 2018: $11,686,637Liabilities 2018: $11,477,474Net Assets 2018: $209,1632018Assets 2019: $15,691,815Liabilities 2019: $12,110,729Net Assets 2019: $3,581,0862019Assets 2020: $16,771,764Liabilities 2020: $12,259,772Net Assets 2020: $4,511,9922020Assets 2021: $15,144,919Liabilities 2021: $11,422,781Net Assets 2021: $3,722,1382021Assets 2022: $15,764,414Liabilities 2022: $12,504,623Net Assets 2022: $3,259,7912022Assets 2023: $18,102,766Liabilities 2023: $14,908,903Net Assets 2023: $3,193,8632023Assets 2024: $19,547,262Liabilities 2024: $15,867,800Net Assets 2024: $3,679,4622024

Highlighted filing

2020

Assets$16,771,764
Liabilities$12,259,772
Net Assets$4,511,992
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $950,4102010Revenue 2011: $1,455,782Expenses 2011: $1,067,363Net Income 2011: $388,4192011Revenue 2012: $813,415Expenses 2012: $983,191Net Income 2012: -$169,7762012Revenue 2013: $607,523Expenses 2013: $739,558Net Income 2013: -$132,0352013Revenue 2014: -$458,073Expenses 2014: $708,410Net Income 2014: -$1,166,4832014Revenue 2015: -$172,529Expenses 2015: $646,074Net Income 2015: -$818,6032015Revenue 2017: $1,478,008Expenses 2017: $938,383Net Income 2017: $539,6252017Revenue 2018: -$355,975Expenses 2018: $817,572Net Income 2018: -$1,173,5472018Revenue 2019: $4,152,674Expenses 2019: $780,751Net Income 2019: $3,371,9232019Revenue 2020: $1,837,185Expenses 2020: $906,279Net Income 2020: $930,9062020Revenue 2021: $2,283Expenses 2021: $792,137Net Income 2021: -$789,8542021Revenue 2022: $966,295Expenses 2022: $1,428,642Net Income 2022: -$462,3472022Revenue 2023: $4,159,433Expenses 2023: $4,210,361Net Income 2023: -$50,9282023Revenue 2024: $8,084,434Expenses 2024: $7,598,835Net Income 2024: $485,5992024

Highlighted filing

2020

Revenue$1,837,185
Expenses$906,279
Net Income$930,906
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 15, 2021
Return Version
2019v5.2
Gross Receipts
$3,382,469
Mission and Program Overview

Mission

The organization promotes the conservation of providence and nearby neighborhoods through preservation and rehabilitation for low and moderate income families.

To confront the problem of housing abandonment and purchase, rehabilitate and construct homes and apartment complexes for low to moderate income families in providence, ri, and throughout rhode island. In addition, the organization owns an operates a single member llc known as tp 10, llc that owns 41 apartment units of low and moderate income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,695,743$7,491,955▼ $203,788
Other Notes and Loans Receivable, Net$4,286,316$4,334,609▲ $48,293
Investments Program Related$1,308,433$2,693,897▲ $1,385,464
Savings and Temporary Cash Investments$836,084$846,907▲ $10,823
Accounts Receivable$985,415$641,828▼ $343,587
Cash and Non-Interest-Bearing Accounts$363,332$501,668▲ $138,336
Prepaid Expenses and Deferred Charges$9,457$16,618▲ $7,161
Pledges and Grants Receivable$2,857--
Total Assets$15,691,815$16,771,764▲ $1,079,949
Other Assets Total$204,178$244,282▲ $40,104
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,089,914$10,815,051▲ $725,137
Accounts Payable and Accrued Expenses$1,734,462$1,206,458▼ $528,004
Unsecured Notes Loans Payable$227,731$140,564▼ $87,167
Other Liabilities$57,037$97,582▲ $40,545
Deferred Revenue$1,585$117▼ $1,468
Total Liabilities$12,110,729$12,259,772▲ $149,043
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,659,447$2,722,872▲ $63,425
Net Assets With Donor Restrictions$921,639$1,789,120▲ $867,481
Total Net Assets Fund Balance$3,581,086$4,511,992▲ $930,906
Total Liabilities and Net Assets / Fund Balance$15,691,815$16,771,764▲ $1,079,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,229,979$1,890,005$8,119,984
Land$1,261,976-$1,261,976
Equipment$0$88,057$88,057
Investment Program Related Org$87,746--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Miguel QuezadaPresident
Peter BortolottiVice President
Angelica RiveraDirector
Fabiola BrunacheDirector
Graham KilvertDirector
John PrinceDirector
Nancy WhitSecretary
Richardson OgidonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,449,696
Program Service Revenue
$892,871
Investment Income
$51,994
Other Revenue
$-557,376
All Other Contributions
$344,148
Change in Net Assets
$930,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,837,185
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,545,284
Total Revenue per Audited Statements
$3,382,469
Total Revenue per Form 990
$1,837,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$678,370
Other Expenses$227,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$480,849--$480,849
Current Officers, Directors, Trustees, and Key Employees$90,000--$90,000
Office Expenses$356$58,757-$59,113
Other Employee Benefits$57,027--$57,027
Payroll Taxes$50,494--$50,494
Advertising-$24,195-$24,195
Fees for Services Accounting-$22,078-$22,078
Occupancy$21,763--$21,763
Fees for Services Other$21,500--$21,500
Interest$18,787--$18,787
Depreciation Depletion$16,109--$16,109
Travel$3,707$5,027-$8,734
Other Expenses$6,811$10,995-$6,811
Insurance$6,529--$6,529
Total Functional Expenses$785,227$121,052$0$906,279

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,451,563
Expenses Not Reported on Form 990$1,545,284
Expenses per Audited Statements$906,279
Total Expenses per Form 990$906,279
Expenses Not Reported on Financial Statements$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
Deposits Held$83,914
Deferred Developer Fee$13,668
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Copy of form 990 is available for review by members of the governing body upon request.”

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

“The governing body adheres to the conflict of interest policy that is in place. This policy is reviewed periodically.”

Form 990, Part VI, Section B, Line 15

“The executive director and other key managment personnel are reviewed by the board of directors on an annual basis as to their compensation packages.”

Form 990, Part VI, Section C, Line 19

“The board makes available its board meetings, form 990 and audited financial statements upon request.”

Filing and Contact Details

Filer

Filer Name
Swap Inc
EIN
05-0370946
Phone
4012720526
Address
439 PINE STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Carla Destefano
Title
Executive Director
Phone
4012720526
Signed
2021-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carla Destefano
Formed
1976
Legal Domicile
Ri
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Damiano Burk & Nuttall Pc
Address
6 BLACKSTONE VALLEY PL STE 109, LINCOLN, RI 02865
Preparer
Jeremy Cole
Phone
4013332880
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There have been no changes to the organization's auditor selection and oversight process during the year”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses presented as reduction of rental income 612,999. Cost of real estate sold presented as reduction of proceeds 932,285.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses presented as reduction of rental income 612,999. Cost of real estate sold presented as reduction of proceeds 932,285.”

Raw XML AppendixShowing 400 of 641 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.

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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt057027
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057027
IRS990/OtherExpensesGrp/Desc0SPECIAL PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010995
IRS990/OtherExpensesGrp/ProgramServicesAmt011295
IRS990/OtherExpensesGrp/ProgramServicesAmt16811
IRS990/OtherExpensesGrp/TotalAmt011295
IRS990/OtherExpensesGrp/TotalAmt110995
IRS990/OtherExpensesGrp/TotalAmt26811
IRS990/OtherLiabilitiesGrp/BOYAmt057037
IRS990/OtherLiabilitiesGrp/EOYAmt097582
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011823
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011823
IRS990/OtherRevenueTotalAmt011823
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0480849
IRS990/OtherSalariesAndWagesGrp/TotalAmt0480849
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04286316
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04334609
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt050494
IRS990/PayrollTaxesGrp/TotalAmt050494
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02857
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09457
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016618
IRS990/PrincipalOfficerNm0CARLA DESTEFANO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1LEASED STAFF
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/Desc3HBC/FLOWER BOX/REIMB
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0605015
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1252811
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221325
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt313720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0605015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1252811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313720
IRS990/ProgSrvcAccomActy2Grp/Desc0TP 10 LLC-OWN AND OPERATE A 41 UNIT APARTMENT COMPLEX THAT SERVES LOW AND MODERATE INCOME FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0-201233
IRS990/ProgSrvcAccomActy3Grp/Desc0SOUTHSIDE GATEWAYS/500 BROAD STREET, LLC CONSTRUCTED TEN UNITS OF COMMERCIAL CONDOMINIUMS IN SOUTH PROVIDENCE, THROUGH 8/31/17, 7 UNITS HAVE BEEN SOLD AND THE THREE OTHER UNITS ARE BEING RENTED. THESE CONDOMINIUMS SERVE TO REVITALIZE THE AREA THROUGH BRINGING ADDITIONAL SMALL BUSINESSES TO ITS RESIDENTS.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt042961
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0600203
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021783
IRS990/PYOtherExpensesAmt0233690
IRS990/PYOtherRevenueAmt0-167249
IRS990/PYProgramServiceRevenueAmt03697937
IRS990/PYRevenuesLessExpensesAmt03371923
IRS990/PYSalariesCompEmpBnftPaidAmt0547061
IRS990/PYTotalExpensesAmt0780751
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04152674
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0930906
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0-159064
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0493767
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0836084
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0846907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01449696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0697937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0231762
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01597722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0983143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04960260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0475929
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0503729
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0473810
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0444146
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0427906
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02325520
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07296170
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68080
IRS990ScheduleA/PublicSupportPY170Pct00.62270
IRS990ScheduleA/PublicSupportTotal170Amt04960260
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01449696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0697937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0231762
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01597722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0983143
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04960260
IRS990ScheduleA/TotalSupportAmt07285780
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06229979
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01890005
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08119984
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088057
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088057
IRS990ScheduleD/ExpensesNotReportedAmt01545284
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0906279
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02606151
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt187746
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CONSTRUCTION IN PROG/REAL ESTATE HELD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN PARTNERSHIPS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt01261976
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01261976
IRS990ScheduleD/OtherExpensesIncludedAmt01545284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt083914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS HELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED DEVELOPER FEE
IRS990ScheduleD/OtherRevenueAmt01545284
IRS990ScheduleD/RevenueNotReportedAmt01545284
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01837185
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSES PRESENTED AS REDUCTION OF RENTAL INCOME 612,999. COST OF REAL ESTATE SOLD PRESENTED AS REDUCTION OF PROCEEDS 932,285.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES PRESENTED AS REDUCTION OF RENTAL INCOME 612,999. COST OF REAL ESTATE SOLD PRESENTED AS REDUCTION OF PROCEEDS 932,285.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07491955
IRS990ScheduleD/TotalBookValueProgramRltdAmt02693897
IRS990ScheduleD/TotalExpensesPerForm990Amt0906279
IRS990ScheduleD/TotalLiabilityAmt097582
IRS990ScheduleD/TotalRevenuePerForm990Amt01837185
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03382469
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02451563
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 IS AVAILABLE FOR REVIEW BY MEMBERS OF THE GOVERNING BODY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY ADHERES TO THE CONFLICT OF INTEREST POLICY THAT IS IN PLACE. THIS POLICY IS REVIEWED PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR AND OTHER KEY MANAGMENT PERSONNEL ARE REVIEWED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AS TO THEIR COMPENSATION PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MAKES AVAILABLE ITS BOARD MEETINGS, FORM 990 AND AUDITED FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S AUDITOR SELECTION AND OVERSIGHT PROCESS DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TP 10 LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1SOUTHSIDE GATEWAYS500 BROAD LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0270925365
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1263452002
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL OF LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1SALE OF AFFORDABLE CONDOS TO SMALL BUSINESS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0439 PINE STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1439 PINE STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1PROVIDENCE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1RI
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd002907
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd102907
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0474161708

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$16,771,764
Liabilities
$12,259,772
Net assets
$4,511,992
Revenue
$1,837,185
Expenses
$906,279
Net income
$930,906
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.5$15.9$3.68$8.08$7.60$0.49
2023Detailed filing. Detailed filing data is available for this year.$18.1$14.9$3.19$4.16$4.21$0.05
2022Detailed filing. Detailed filing data is available for this year.$15.8$12.5$3.26$0.97$1.43$0.46
2021Detailed filing. Detailed filing data is available for this year.$15.1$11.4$3.72$0.00$0.79$0.79
2020Detailed filing. Detailed filing data is available for this year.$16.8$12.3$4.51$1.84$0.91$0.93
2019Detailed filing. Detailed filing data is available for this year.$15.7$12.1$3.58$4.15$0.78$3.37
2018Detailed filing. Detailed filing data is available for this year.$11.7$11.5$0.21$0.36$0.82$1.17
2017Detailed filing. Detailed filing data is available for this year.$14.5$13.2$1.38$1.48$0.94$0.54
2015Detailed filing. Detailed filing data is available for this year.$12.8$12.3$0.50$0.17$0.65$0.82
2014Detailed filing. Detailed filing data is available for this year.$13.7$12.4$1.23$0.46$0.71$1.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$12.3$2.40$0.61$0.74$0.13
2012Summary only. Only limited summary data is available for this year.$14.5$12.0$2.53$0.81$0.98$0.17
2011Summary only. Only limited summary data is available for this year.$14.2$11.5$2.70$1.46$1.07$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$8.69$2.31$0.95