Civic Intelligence

Quadraplex Housing Inc.

990 • Fiscal year 2015 • EIN 22-2551162

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 05, 2015

Organization ProfileWWW.SOUTHSHOREHOUSING.ORG
169 Summer StreetKingston, MA 02364

(781) 422-4200

Siviq Scores

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

Liabilities / Assets

94th percentile

1.23x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

96th percentile

7.00x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

93rd percentile

66%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$1,392,632

Up $554,751 (+66%) from 2014

Net Assets

Down

-$326,812

Down $31,396 (-11%) from 2014

Liabilities

Up

$1,719,444

Up $586,147 (+52%) from 2014

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin18th percentile

Revenue

Down

$245,516

Down $99,782 (-29%) from 2014

Expenses

Down

$276,912

Down $244 (-0.1%) from 2014

Net Income

Down

-$31,396

Down $99,538 (-146%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$2.0M$1.0M$0-$1.0MAssets 2010: $907,221Liabilities 2010: $1,283,067Net Assets 2010: -$375,8462010Assets 2011: $885,906Liabilities 2011: $1,263,222Net Assets 2011: -$377,3162011Assets 2012: $864,902Liabilities 2012: $1,240,367Net Assets 2012: -$375,4652012Assets 2013: $863,549Liabilities 2013: $1,227,107Net Assets 2013: -$363,5582013Assets 2014: $837,881Liabilities 2014: $1,133,297Net Assets 2014: -$295,4162014Assets 2015: $1,392,632Liabilities 2015: $1,719,444Net Assets 2015: -$326,8122015Assets 2016: $1,457,544Liabilities 2016: $1,769,581Net Assets 2016: -$312,0372016Assets 2017: $1,387,940Liabilities 2017: $1,724,852Net Assets 2017: -$336,9122017Assets 2018: $1,338,950Liabilities 2018: $1,713,320Net Assets 2018: -$374,3702018Assets 2019: $1,310,635Liabilities 2019: $1,691,081Net Assets 2019: -$380,4462019Assets 2020: $1,336,923Liabilities 2020: $1,711,523Net Assets 2020: -$374,6002020Assets 2021: $1,326,755Liabilities 2021: $1,719,246Net Assets 2021: -$392,4912021Assets 2022: $1,326,442Liabilities 2022: $1,744,763Net Assets 2022: -$418,3212022Assets 2023: $1,321,171Liabilities 2023: $1,759,832Net Assets 2023: -$438,6612023Assets 2024: $1,394,462Liabilities 2024: $1,775,862Net Assets 2024: -$381,4002024

Highlighted filing

2015

Assets$1,392,632
Liabilities$1,719,444
Net Assets-$326,812
Open 2015 Filing

Operations Trend

Revenue Growth11th percentile

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

$400K$200K$0-$200KExpenses 2010: $274,4312010Expenses 2011: $265,6312011Expenses 2012: $262,3482012Revenue 2013: $265,606Expenses 2013: $253,699Net Income 2013: $11,9072013Revenue 2014: $345,298Expenses 2014: $277,156Net Income 2014: $68,1422014Revenue 2015: $245,516Expenses 2015: $276,912Net Income 2015: -$31,3962015Revenue 2016: $274,119Expenses 2016: $259,344Net Income 2016: $14,7752016Revenue 2017: $264,825Expenses 2017: $289,699Net Income 2017: -$24,8742017Revenue 2018: $272,080Expenses 2018: $309,538Net Income 2018: -$37,4582018Revenue 2019: $283,114Expenses 2019: $289,190Net Income 2019: -$6,0762019Revenue 2020: $281,570Expenses 2020: $275,725Net Income 2020: $5,8452020Revenue 2021: $277,726Expenses 2021: $295,617Net Income 2021: -$17,8912021Revenue 2022: $281,634Expenses 2022: $307,464Net Income 2022: -$25,8302022Revenue 2023: $277,927Expenses 2023: $298,267Net Income 2023: -$20,3402023Revenue 2024: $380,340Expenses 2024: $323,079Net Income 2024: $57,2612024

Highlighted filing

2015

Revenue$245,516
Expenses$276,912
Net Income-$31,396
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 5, 2015
Return Version
2014v5.0
Gross Receipts
$245,516
Mission and Program Overview

Mission

Acquire, rehabilitate, own, maintain and operate low and moderate income housing units

To provide housing for low and moderate income families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$683,211$763,143▲ $79,932
Accounts Receivable$3,012$10,754▲ $7,742
Intangible Assets-$9,185-
Prepaid Expenses and Deferred Charges$8,660$8,522▼ $138
Cash and Non-Interest-Bearing Accounts$14,492$7,207▼ $7,285
Total Assets$837,881$1,392,632▲ $554,751
Other Assets Total$128,506$593,821▲ $465,315
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,103,504$1,607,511▲ $504,007
Accounts Payable and Accrued Expenses$17,450$99,062▲ $81,612
Other Liabilities$11,446$12,296▲ $850
Deferred Revenue$897$575▼ $322
Total Liabilities$1,133,297$1,719,444▲ $586,147
Net Assets / Fund Balance
Unrestricted Net Assets$-295,416$-326,812▼ $31,396
Total Net Assets Fund Balance$-295,416$-326,812▼ $31,396
Total Liabilities and Net Assets / Fund Balance$837,881$1,392,632▲ $554,751

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$427,583$886,631$1,314,214
Land$326,347-$326,347
Equipment$9,213$22,638$31,851
Other Assets Org$581,445--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Michael McgowanPresident
Jean RileyVice-president
Alden S WellsDirector
Brian MccowanDirector
Colleen DawickiDirector
Donnette McmanusDirector
Jack HunterDirector
Kristina DafonsecaDirector
Lashaunda WatsonDirector
Nancy DurfeeDirector
Patrick NeenanDirector
Darryl MayersClerk
Revenue and Support

Revenue Composition

Contributions and Grants
$165,660
Program Service Revenue
$77,008
Investment Income
$1,325
Other Revenue
$1,523
Change in Net Assets
$-31,396

Audited Revenue Reconciliation

Revenue per Audited Statements
$245,516
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$245,516
Total Revenue per Form 990
$245,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,015
Salaries, Compensation, and Employee Benefits$39,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$69,863--$69,863
Other Salaries and Wages$39,897--$39,897
Depreciation Depletion$39,613--$39,613
Fees for Services Management$14,931--$14,931
Insurance$14,682--$14,682
Fees for Services Accounting$10,092--$10,092
Other Expenses$4,234--$4,234
All Other Expenses$3,398--$3,398
Office Expenses$2,671--$2,671
Fees for Services Legal$1,953--$1,953
Advertising$775--$775
Total Functional Expenses$276,912$0$0$276,912

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$276,912
Total Expenses per Audited Statements$276,912
Total Expenses per Form 990$276,912
Expenses Not Reported on Financial Statements$0
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
Tenants Security Deposits$12,296
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The corporation incurred a management fee of $14,931, for the year ended june 30,2014, due to hallkeen management inc. The management fee is equal to $62.21 per unit per month.”

Form 990, Part VI, Section B, Line 11

“Sshdc a related entity reviews the return prior to filing.”

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

“Each member of the governing board completes a conflict of interest document at each years annual meeting as required by the organization's policy.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Quadraplex Housing Inc
EIN
22-2551162
Phone
7814224200
Address
169 SUMMER STREET, KINGSTON, MA 02364

Signing Officer

Name
Michael Mcgowan
Title
President
Phone
7814224200
Signed
2015-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mcgowan
Formed
1984
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET, DEDHAM, MA 02026
Preparer
Kenneth Lund
Phone
6172629898
Supplemental Narrative

Additional Explanations

Form 990 Part XI Line 2C

“There has been no change from prior year in method used by the committee responsible for the oversight of the audit of the financial statement of the selection of independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The corporation has adopted the provisions of gaap which prescribe a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. For the year ended june 30, 2015, the corporation has no material uncertain tax positions to be accounted for in the financial statements. All tax years prior to 2012 are closed via the passing of the statute of limitations. No notices have been received from either the internal revenue service or commonwealth of massachusetts addressing any subsequent year.”

Raw XML AppendixShowing 400 of 601 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/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01523
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01523
IRS990/OtherRevenueTotalAmt01523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039897
IRS990/OtherSalariesAndWagesGrp/TotalAmt039897
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08660
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08522
IRS990/PrincipalOfficerNm0MICHAEL MCGOWAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt077008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077008
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0194401
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0356
IRS990/PYOtherExpensesAmt0254719
IRS990/PYOtherRevenueAmt075303
IRS990/PYProgramServiceRevenueAmt075238
IRS990/PYRevenuesLessExpensesAmt068142
IRS990/PYSalariesCompEmpBnftPaidAmt022437
IRS990/PYTotalExpensesAmt0277156
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0345298
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-31396
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt078531
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0165660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0194401
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0194421
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0186995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0184743
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0926220
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01325
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0356
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0921
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03429
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt078531
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0150541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt070878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt079899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt078495
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0458344
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0356
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0520
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0921
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03429
IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/InvestmentIncomePYPct00.00260
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0900
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0902
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99690
IRS990ScheduleA/PublicSupportPY509Pct00.99660
IRS990ScheduleA/PublicSupportTotal509Amt01384564
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0244191
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0344942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0265299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0266894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0263238
IRS990ScheduleA/Total509Grp/TotalAmt01384564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0245516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0345298
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0265606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0268314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0264161
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01388895
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0427583
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0886631
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01314214
IRS990ScheduleD/EquipmentGrp/BookValueAmt09213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022638
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031851
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0276912
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0326347
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0326347
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012376
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1581445
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANTS SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0245516
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ADOPTED THE PROVISIONS OF GAAP WHICH PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR THE YEAR ENDED JUNE 30, 2015, THE CORPORATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. ALL TAX YEARS PRIOR TO 2012 ARE CLOSED VIA THE PASSING OF THE STATUTE OF LIMITATIONS. NO NOTICES HAVE BEEN RECEIVED FROM EITHER THE INTERNAL REVENUE SERVICE OR COMMONWEALTH OF MASSACHUSETTS ADDRESSING ANY SUBSEQUENT YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0763143
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0593821
IRS990ScheduleD/TotalExpensesPerForm990Amt0276912
IRS990ScheduleD/TotalLiabilityAmt012296
IRS990ScheduleD/TotalRevenuePerForm990Amt0245516
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0245516
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0276912
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION INCURRED A MANAGEMENT FEE OF $14,931, FOR THE YEAR ENDED JUNE 30,2014, DUE TO HALLKEEN MANAGEMENT INC. THE MANAGEMENT FEE IS EQUAL TO $62.21 PER UNIT PER MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SSHDC A RELATED ENTITY REVIEWS THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER OF THE GOVERNING BOARD COMPLETES A CONFLICT OF INTEREST DOCUMENT AT EACH YEARS ANNUAL MEETING AS REQUIRED BY THE ORGANIZATION'S POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAS BEEN NO CHANGE FROM PRIOR YEAR IN METHOD USED BY THE COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENT OF THE SELECTION OF INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XI LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SOUTH SHORE HOUSING DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1SOUTH SHORE HOUSING DEVELOPMENT

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,392,632
Liabilities
$1,719,444
Net assets
-$326,812
Revenue
$245,516
Expenses
$276,912
Net income
-$31,396
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.39$1.78$0.38$0.38$0.32$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.32$1.76$0.44$0.28$0.30$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.33$1.74$0.42$0.28$0.31$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.33$1.72$0.39$0.28$0.30$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.34$1.71$0.37$0.28$0.28$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.31$1.69$0.38$0.28$0.29$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.34$1.71$0.37$0.27$0.31$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.39$1.72$0.34$0.26$0.29$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.46$1.77$0.31$0.27$0.26$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.39$1.72$0.33$0.25$0.28$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.84$1.13$0.30$0.35$0.28$0.07
2013Summary only. Only limited summary data is available for this year.$0.86$1.23$0.36$0.27$0.25$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$1.24$0.38$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$1.26$0.38$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.28$0.38$0.27