Civic Intelligence

Metro West Collaborative Development Inc.

990 • Fiscal year 2023 • EIN 22-3073668

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileWWW.METROWESTCD.ORG
79-b Chapel StreetNewton, MA 02458

(617) 923-3505

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$35,512,317

Flat from 2023

Net Assets

Flat

$1,414,300

Flat from 2023

Liabilities

Flat

$34,098,017

Flat from 2023

Revenue And Expenses

Revenue

Flat

$1,385,698

Flat from 2023

Expenses

Flat

$1,861,146

Flat from 2023

Net Income

Flat

-$475,448

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2011: $483,401Liabilities 2011: $326,086Net Assets 2011: $157,3152011Assets 2012: $1,646,454Liabilities 2012: $1,483,470Net Assets 2012: $162,9842012Assets 2013: $759,635Liabilities 2013: $334,586Net Assets 2013: $425,0492013Assets 2014: $453,179Liabilities 2014: $214,077Net Assets 2014: $239,1022014Assets 2015: $1,040,109Liabilities 2015: $912,636Net Assets 2015: $127,4732015Assets 2016: $936,458Liabilities 2016: $959,084Net Assets 2016: -$22,6262016Assets 2017: $2,040,751Liabilities 2017: $1,871,551Net Assets 2017: $169,2002017Assets 2018: $4,941,993Liabilities 2018: $3,240,739Net Assets 2018: $1,701,2542018Assets 2019: $9,763,426Liabilities 2019: $8,321,417Net Assets 2019: $1,442,0092019Assets 2020: $16,933,983Liabilities 2020: $15,709,662Net Assets 2020: $1,224,3212020Assets 2021: $10,716,261Liabilities 2021: $8,828,004Net Assets 2021: $1,888,2572021Assets 2022: $17,809,934Liabilities 2022: $15,992,556Net Assets 2022: $1,817,3782022Assets 2023: $35,512,317Liabilities 2023: $34,098,017Net Assets 2023: $1,414,3002023Assets 2023: $35,512,317Liabilities 2023: $34,098,017Net Assets 2023: $1,414,3002023Assets 2024: $26,192,711Liabilities 2024: $24,976,178Net Assets 2024: $1,216,5332024

Highlighted filing

2023

Assets$35,512,317
Liabilities$34,098,017
Net Assets$1,414,300
Open 2023 Filing

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $161,802Expenses 2011: $342,456Net Income 2011: -$180,6542011Revenue 2012: $552,291Expenses 2012: $546,622Net Income 2012: $5,6692012Revenue 2013: $888,367Expenses 2013: $630,495Net Income 2013: $257,8722013Revenue 2014: $266,456Expenses 2014: $452,403Net Income 2014: -$185,9472014Revenue 2015: $326,247Expenses 2015: $437,876Net Income 2015: -$111,6292015Revenue 2016: $342,046Expenses 2016: $492,145Net Income 2016: -$150,0992016Revenue 2017: $738,396Expenses 2017: $546,570Net Income 2017: $191,8262017Revenue 2018: $1,887,613Expenses 2018: $629,659Net Income 2018: $1,257,9542018Revenue 2019: $563,828Expenses 2019: $823,073Net Income 2019: -$259,2452019Revenue 2020: $1,340,807Expenses 2020: $1,558,605Net Income 2020: -$217,7982020Revenue 2021: $1,645,625Expenses 2021: $1,477,523Net Income 2021: $168,1022021Revenue 2022: $1,743,878Expenses 2022: $1,695,743Net Income 2022: $48,1352022Revenue 2023: $1,385,698Expenses 2023: $1,861,146Net Income 2023: -$475,4482023Revenue 2023: $1,385,698Expenses 2023: $1,861,146Net Income 2023: -$475,4482023Revenue 2024: $5,442,264Expenses 2024: $5,652,433Net Income 2024: -$210,1692024

Highlighted filing

2023

Revenue$1,385,698
Expenses$1,861,146
Net Income-$475,448
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$1,385,698
Mission and Program Overview

Mission

To preserve and promote affordable housing, support economic development and build support for community development.

To organize residents, mobilize resources, and identify ideas that improve the quality of life for residents of metro west communities. We accomplish this by:1) creating and preserving affordable homes2) supporting economic development that strengthens neighborhoods, towns and other region3) building alliances with partners and constituencies througout the region in order to increase awareness and build support for community development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,762,407$5,719,900▼ $42,507
Savings and Temporary Cash Investments$1,259,590$1,496,255▲ $236,665
Intangible Assets$5,998$963,283▲ $957,285
Cash and Non-Interest-Bearing Accounts$338,013$523,535▲ $185,522
Accounts Receivable$71,544$165,322▲ $93,778
Prepaid Expenses and Deferred Charges$46,735$53,507▲ $6,772
Pledges and Grants Receivable-$19,025-
Other Notes and Loans Receivable, Net$700,000$16,559▼ $683,441
Total Assets$17,809,934$35,512,317▲ $17,702,383
Other Assets Total$9,625,647$26,554,931▲ $16,929,284
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,581,066$17,996,185▲ $12,415,119
Other Liabilities$7,780,358$12,051,809▲ $4,271,451
Accounts Payable and Accrued Expenses$2,527,283$4,000,603▲ $1,473,320
Deferred Revenue$103,849$40,422▼ $63,427
Escrow Account Liability-$8,998-
Total Liabilities$15,992,556$34,098,017▲ $18,105,461
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,793,716$1,391,772▼ $401,944
Net Assets With Donor Restrictions$23,662$22,528▼ $1,134
Total Net Assets Fund Balance$1,817,378$1,414,300▼ $403,078
Total Liabilities and Net Assets / Fund Balance$17,809,934$35,512,317▲ $17,702,383

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,553,238$510,893$5,064,131
Land$992,300-$992,300
Equipment$174,362$130,721$305,083
Other Assets Org$26,253,798--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caitlin MaddenExecutive DirectorFT$143,383$6,298$149,681
Sharone SmallDirector of Real EstateFT$127,249$3,506$130,755
Alisa Gardner-todreasChief Operating OfficerFT$103,413-$103,413

Board Members and Trustees

NameTitle
Paul BoutonPresident
Cristina AyalaVice President
Dorena Wong-deleonDirector
Eugenia ChaparroDirector
Kalyani DevajyotiDirector
Mary CorthellDirector
Melinda WalkerDirector
Olga YasinnikDirector
Paula DickermanDirector
Thelma TitusDirector
Robert FlackSecretary
Michael ShermanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dellbrook JksGeneral ContractorONE ADAMS PLACE 859 WILLARD ST, Quincy, MA 02169$25,465,513
Davis Square Architects INCArchitectural Services240 ELM ST, Somerville, MA 02144$1,541,242
Meander Studio INCArchitectural Services14 SPRING ST 2ND FLR, Waltham, MA 02451$395,337
Cleary Elevator INCEngineering Services35 COMMERCE RD, Hingham, MA 02043$374,697
Ld Russo INCGeneral Contractor198 AYER RD, Harvard, MA 01451$365,309
Revenue and Support

Revenue Composition

Contributions and Grants
$390,762
Program Service Revenue
$922,969
Investment Income
$50,641
Other Revenue
$21,326
All Other Contributions
$266,184
Change in Net Assets
$-475,448

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,385,698
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,121,872
Total Revenue per Audited Statements
$3,507,570
Total Revenue per Form 990
$1,385,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$963,446
Other Expenses$897,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$677,651$17,324-$694,975
Occupancy$431,091$16,165-$447,256
Current Officers, Directors, Trustees, and Key Employees$61,192$82,191-$143,383
Fees for Services Accounting$54,310$71,580-$125,890
Depreciation Depletion$114,293$6,382-$120,675
Payroll Taxes$65,733$14,716-$80,449
Fees for Services Other$28,131$36,220-$64,351
Other Employee Benefits$36,474$8,165-$44,639
Office Expenses$31,160$3,246-$34,406
Fees for Services Management$22,247--$22,247
Information Technology$5,528$10,070-$15,598
Travel$6,515--$6,515
Advertising$6,043--$6,043
Fees for Services Legal-$2,678-$2,678
All Other Expenses$1,969--$1,969
Other Expenses$298--$298
Total Functional Expenses$1,592,409$268,737$0$1,861,146

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,380,499
Expenses Not Reported on Form 990$2,521,018
Total Expenses per Form 990$1,861,146
Expenses per Audited Statements$1,859,481
Expenses Not Reported on Financial Statements$1,665
Other Expense Adjustments$1,665
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
Contingent Debt$8,316,919
Conditional Grant Advances$2,329,005
Lease Liability$1,127,068
Line of Credit$219,517
Refundable Grant$59,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

“The form 990 is reviewed by the board of directors, once approved, the form 990 is submitted.”

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

“The board of directors monitors compliance with the conflict of interest policy through discussions held during board meetings. All board of directors are required to sign an annual statement of conflict of interest policy.”

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

“Mwcd utilized a salary survey compiled by a national community development organization to substantiate the salary scale. The board of directors discuss the executive director's performance and approves any compensation changes on an annual basis.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 990 available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Metro West Collaborative Development
EIN
22-3073668
Phone
6179233505
Address
79-B CHAPEL STREET, NEWTON, MA 02458

Signing Officer

Name
Caitlin Madden
Title
Executive Director
Phone
6179233505
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caitlin Madden
Formed
1990
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
14
Volunteers
12

Preparer

Firm
Cohnreznick Llp
Address
350 GRANITE STREET SUITE 1200, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Capital contribution - 62 packard 300.”

Financial Statement Notes

PART IV, LINE 2B:

“The escrow liability amounts on form 990, part x, line 21 consist of tenant security deposits.”

PART X, LINE 2:

“The organization accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidated financial statements regarding a tax position taken or expected to be taken in a tax return. The organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the accompanying consolidated financial statements as of december 31, 2023.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Affiliates removed from consolidated totals 2,120,207. Expenses reclassed from revenue 1,665.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Affiliates removed from consolidated totals 2,521,018.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Expenses reclassed from revenue 1,665.”

Raw XML AppendixShowing 400 of 763 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/BOYAmt02527283
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04000603
IRS990/AccountsReceivableGrp/BOYAmt071544
IRS990/AccountsReceivableGrp/EOYAmt0165322
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ORGANIZE RESIDENTS, MOBILIZE RESOURCES, AND IDENTIFY IDEAS THAT IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF METRO WEST COMMUNITIES. WE ACCOMPLISH THIS BY:1) CREATING AND PRESERVING AFFORDABLE HOMES2) SUPPORTING ECONOMIC DEVELOPMENT THAT STRENGTHENS NEIGHBORHOODS, TOWNS AND OTHER REGION3) BUILDING ALLIANCES WITH PARTNERS AND CONSTITUENCIES THROUGOUT THE REGION IN ORDER TO INCREASE AWARENESS AND BUILD SUPPORT FOR COMMUNITY DEVELOPMENT
IRS990/AdvertisingGrp/ProgramServicesAmt06043
IRS990/AdvertisingGrp/TotalAmt06043
IRS990/AllOtherContributionsAmt0266184
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01969
IRS990/AllOtherExpensesGrp/TotalAmt01969
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CAITLIN MADDEN
IRS990/BooksInCareOfDetail/PhoneNum06179233505
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt079-B CHAPEL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002458
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0338013
IRS990/CashNonInterestBearingGrp/EOYAmt0523535
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt082191
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt061192
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0143383
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt025465513
IRS990/ContractorCompensationGrp/CompensationAmt11541242
IRS990/ContractorCompensationGrp/CompensationAmt2395337
IRS990/ContractorCompensationGrp/CompensationAmt3374697
IRS990/ContractorCompensationGrp/CompensationAmt4365309
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0ONE ADAMS PLACE 859 WILLARD ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1240 ELM ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt214 SPRING ST 2ND FLR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt335 COMMERCE RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4198 AYER RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0QUINCY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1SOMERVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2WALTHAM
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3HINGHAM
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4HARVARD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002169
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd102144
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd202451
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd302043
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd401451
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DELLBROOK JKS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1DAVIS SQUARE ARCHITECTS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MEANDER STUDIO INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3CLEARY ELEVATOR INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4LD RUSSO INC
IRS990/ContractorCompensationGrp/ServicesDesc0GENERAL CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc1ARCHITECTURAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2ARCHITECTURAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3ENGINEERING SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4GENERAL CONTRACTOR
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0390762
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt050641
IRS990/CYOtherExpensesAmt0897700
IRS990/CYOtherRevenueAmt021326
IRS990/CYProgramServiceRevenueAmt0922969
IRS990/CYRevenuesLessExpensesAmt0-475448
IRS990/CYSalariesCompEmpBnftPaidAmt0963446
IRS990/CYTotalExpensesAmt01861146
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01385698
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0103849
IRS990/DeferredRevenueGrp/EOYAmt040422
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06382
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0114293
IRS990/DepreciationDepletionGrp/TotalAmt0120675
IRS990/Desc0METRO WEST CD SEEKS TO ENGAGE RESIDENTS IN LOCAL PLANNING AND DECISION MAKING THAT EFFECTS THEIR NEIGHBORHOODS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt023662
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt022528
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/EOYAmt08998
IRS990/ExpenseAmt0995655
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt071580
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt054310
IRS990/FeesForServicesAccountingGrp/TotalAmt0125890
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02678
IRS990/FeesForServicesLegalGrp/TotalAmt02678
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt022247
IRS990/FeesForServicesManagementGrp/TotalAmt022247
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt036220
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt028131
IRS990/FeesForServicesOtherGrp/TotalAmt064351
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
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/AverageHoursPerWeekRt1239.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
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/OfficerInd4X
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/OtherCompensationAmt126298
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt133506
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL BOUTON
IRS990/Form990PartVIISectionAGrp/PersonNm1CRISTINA AYALA
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL SHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT FLACK
IRS990/Form990PartVIISectionAGrp/PersonNm4EUGENIA CHAPARRO
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY CORTHELL
IRS990/Form990PartVIISectionAGrp/PersonNm6DORENA WONG-DELEON
IRS990/Form990PartVIISectionAGrp/PersonNm7KALYANI DEVAJYOTI
IRS990/Form990PartVIISectionAGrp/PersonNm8PAULA DICKERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9THELMA TITUS
IRS990/Form990PartVIISectionAGrp/PersonNm10MELINDA WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm11OLGA YASINNIK
IRS990/Form990PartVIISectionAGrp/PersonNm12CAITLIN MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm13SHARONE SMALL
IRS990/Form990PartVIISectionAGrp/PersonNm14ALISA GARDNER-TODREAS
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/ReportableCompFromOrgAmt12143383
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13127249
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14103413
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF REAL ESTATE
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF OPERATING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0124578
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01385698
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt010070
IRS990/InformationTechnologyGrp/ProgramServicesAmt05528
IRS990/InformationTechnologyGrp/TotalAmt015598
IRS990/IntangibleAssetsGrp/BOYAmt05998
IRS990/IntangibleAssetsGrp/EOYAmt0963283
IRS990/InvestmentIncomeGrp/ExclusionAmt050641
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050641
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0641614
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05762407
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05719900
IRS990/LandBldgEquipCostOrOtherBssAmt06361514
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01665
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01665
IRS990/MissionDesc0TO PRESERVE AND PROMOTE AFFORDBALE HOUSING, SUPPORT ECONOMIC DEVELOPMENT AND BUILD SUPPORT FOR COMMUNITY DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05581066
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt017996185
IRS990/NetAssetsOrFundBalancesBOYAmt01817378
IRS990/NetAssetsOrFundBalancesEOYAmt01414300
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01793716
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01391772
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016165
IRS990/OccupancyGrp/ProgramServicesAmt0431091
IRS990/OccupancyGrp/TotalAmt0447256
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03246
IRS990/OfficeExpensesGrp/ProgramServicesAmt031160
IRS990/OfficeExpensesGrp/TotalAmt034406
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09625647
IRS990/OtherAssetsTotalGrp/EOYAmt026554931
IRS990/OtherChangesInNetAssetsAmt0300
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08165
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036474
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044639
IRS990/OtherExpensesGrp/Desc0PROVISION AGAINST NOTE
IRS990/OtherExpensesGrp/Desc1CIP AND OTHER DEV. WRIT
IRS990/OtherExpensesGrp/ProgramServicesAmt049774
IRS990/OtherExpensesGrp/ProgramServicesAmt1298
IRS990/OtherExpensesGrp/TotalAmt049774
IRS990/OtherExpensesGrp/TotalAmt1298
IRS990/OtherLiabilitiesGrp/BOYAmt07780358
IRS990/OtherLiabilitiesGrp/EOYAmt012051809
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0RECOVERY OF BAD DEBT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019661
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019661
IRS990/OtherRevenueTotalAmt021326
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017324
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0677651
IRS990/OtherSalariesAndWagesGrp/TotalAmt0694975
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0700000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016559
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014716
IRS990/PayrollTaxesGrp/ProgramServicesAmt065733
IRS990/PayrollTaxesGrp/TotalAmt080449
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt019025
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046735
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053507
IRS990/PrincipalOfficerNm0CAITLIN MADDEN
IRS990/PriorPeriodAdjustmentsAmt072070
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3532000
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACTS
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc3COMMERCIAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc4PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0331460
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1218570
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2184808
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3118243
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt469888
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0331460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1218570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2184808
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3118243
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt469888
IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2023 METRO WEST CD CONTINUED CONSTRUCTION OF 44 AFFORDABLE HOUSING UNITS AND CLOSED ON FINANCING FOR 30+ ADDITIONAL UNITS OF AFFORDABLE HOUSING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0527374
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0184808
IRS990/ProgSrvcAccomActy3Grp/Desc0METRO WEST CD PROVIDES REFERRALS TO HOUSEHOLDS IN SEARCH OF AFFORDABLE HOUSING. WE ALSO COORDINATE LOTTERIES AND TENANT/BUYER SELECTION ON BEHALF OF DEVELOPERS OF AFFORDABLE HOUSING THROUGHOUT MASSACHUSETTS. METRO WEST CD ALSO ADMINISTERS EMERGENCY RENTAL AND DIRECT FINANCIAL ASSISTANCE AND SINCE THE BEGINNING OF THE PANDEMIC HAS SUPPORTED OVER 500 HOUSEHOLDS ON BEHALF OF SEVERAL FOUNDATIONS AND SEVEN MUNICIPALITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt069380
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0348549
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt029049
IRS990/PYOtherExpensesAmt0926272
IRS990/PYOtherRevenueAmt0130614
IRS990/PYProgramServiceRevenueAmt01235666
IRS990/PYRevenuesLessExpensesAmt048135
IRS990/PYSalariesCompEmpBnftPaidAmt0769471
IRS990/PYTotalExpensesAmt01695743
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01743878
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-475448
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,512,317
Liabilities
$34,098,017
Net assets
$1,414,300
Revenue
$1,385,698
Expenses
$1,861,146
Net income
-$475,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$25.0$1.22$5.44$5.65$0.21
2023Detailed filing. Detailed filing data is available for this year.$35.5$34.1$1.41$1.39$1.86$0.48
2023Summary only. Only limited summary data is available for this year.$35.5$34.1$1.41$1.39$1.86$0.48
2022Summary only. Only limited summary data is available for this year.$17.8$16.0$1.82$1.74$1.70$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$8.83$1.89$1.65$1.48$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$15.7$1.22$1.34$1.56$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.76$8.32$1.44$0.56$0.82$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$3.24$1.70$1.89$0.63$1.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$1.87$0.17$0.74$0.55$0.19
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.96$0.02$0.34$0.49$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.91$0.13$0.33$0.44$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.21$0.24$0.27$0.45$0.19
2013Summary only. Only limited summary data is available for this year.$0.76$0.33$0.43$0.89$0.63$0.26
2012Summary only. Only limited summary data is available for this year.$1.65$1.48$0.16$0.55$0.55$0.01
2011Summary only. Only limited summary data is available for this year.$0.48$0.33$0.16$0.16$0.34$0.18