Civic Intelligence

The Caleb Foundation Inc Initiatives in Affordable Housing

990 • Fiscal year 2018 • EIN 22-3205846

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 08, 2019

Organization ProfileWWW.THECALEBFOUNDATION.ORG

View Organization Page

491 Humphrey StreetSwampscott, MA 01907

(781) 595-4665

Siviq Scores

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

Liabilities / Assets

38th percentile

0.11x

Higher debt load relative to assets than 38% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

1.28x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

24th percentile

-3.8%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

52nd percentile

$180,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

41st percentile

-0.1%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

3.0%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$12,673,632

Down $16,900 (-0.1%) from 2017

Net Assets

Down

$11,283,655

Down $268,827 (-2.3%) from 2017

Liabilities

Up

$1,389,977

Up $251,927 (+22%) from 2017

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin24th percentile

Revenue

Up

$1,085,803

Up $31,124 (+3.0%) from 2017

Expenses

Up

$1,127,018

Up $7,548 (+0.7%) from 2017

Net Income

Up

-$41,215

Up $23,576 (+36%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$40M$30M$20M$10M$0Assets 2010: $7,758,173Liabilities 2010: $1,024,980Net Assets 2010: $6,733,1932010Assets 2011: $8,669,140Liabilities 2011: $947,955Net Assets 2011: $7,721,1852011Assets 2012: $9,711,314Liabilities 2012: $1,042,502Net Assets 2012: $8,668,8122012Assets 2013: $10,623,345Liabilities 2013: $1,010,079Net Assets 2013: $9,613,2662013Assets 2014: $11,437,379Liabilities 2014: $1,164,905Net Assets 2014: $10,272,4742014Assets 2015: $11,370,421Liabilities 2015: $1,029,316Net Assets 2015: $10,341,1052015Assets 2016: $11,980,828Liabilities 2016: $1,020,356Net Assets 2016: $10,960,4722016Assets 2017: $12,690,532Liabilities 2017: $1,138,050Net Assets 2017: $11,552,4822017Assets 2018: $12,673,632Liabilities 2018: $1,389,977Net Assets 2018: $11,283,6552018Assets 2019: $14,049,416Liabilities 2019: $1,612,973Net Assets 2019: $12,436,4432019Assets 2020: $16,536,397Liabilities 2020: $2,306,323Net Assets 2020: $14,230,0742020Assets 2021: $20,876,525Liabilities 2021: $2,927,080Net Assets 2021: $17,949,4452021Assets 2022: $31,326,979Liabilities 2022: $5,383,333Net Assets 2022: $25,943,6462022Assets 2023: $34,753,575Liabilities 2023: $6,063,919Net Assets 2023: $28,689,6562023Assets 2024: $37,927,715Liabilities 2024: $5,720,701Net Assets 2024: $32,207,0142024

Highlighted filing

2018

Assets$12,673,632
Liabilities$1,389,977
Net Assets$11,283,655
Open 2018 Filing

Operations Trend

Revenue Growth46th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,525,6322010Expenses 2011: $321,5842011Expenses 2012: $366,0642012Revenue 2013: $1,608,829Expenses 2013: $587,322Net Income 2013: $1,021,5072013Revenue 2014: $1,487,553Expenses 2014: $865,969Net Income 2014: $621,5842014Revenue 2015: $991,924Expenses 2015: $831,318Net Income 2015: $160,6062015Revenue 2016: $1,335,330Expenses 2016: $1,092,963Net Income 2016: $242,3672016Revenue 2017: $1,054,679Expenses 2017: $1,119,470Net Income 2017: -$64,7912017Revenue 2018: $1,085,803Expenses 2018: $1,127,018Net Income 2018: -$41,2152018Revenue 2019: $2,089,211Expenses 2019: $1,250,314Net Income 2019: $838,8972019Revenue 2020: $1,904,461Expenses 2020: $1,498,775Net Income 2020: $405,6862020Revenue 2021: $2,489,480Expenses 2021: $1,227,221Net Income 2021: $1,262,2592021Revenue 2022: $11,235,165Expenses 2022: $1,667,205Net Income 2022: $9,567,9602022Revenue 2023: $4,176,591Expenses 2023: $1,611,260Net Income 2023: $2,565,3312023Revenue 2024: $5,366,668Expenses 2024: $2,097,202Net Income 2024: $3,269,4662024

Highlighted filing

2018

Revenue$1,085,803
Expenses$1,127,018
Net Income-$41,215
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,085,803
Mission and Program Overview

Mission

To own, invest in, and manage and develop quality affordable housing for low and moderate income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$11,552,482$11,283,655▼ $268,827
Investments in Publicly Traded Securities$2,330,869$2,720,032▲ $389,163
Investments Other Securities$1,456,118$1,452,371▼ $3,747
Savings and Temporary Cash Investments$1,114,011$936,222▼ $177,789
Land, Buildings, and Equipment, Net$672,516$725,512▲ $52,996
Cash and Non-Interest-Bearing Accounts$112,695$266,452▲ $153,757
Accounts Receivable$12,605$199,488▲ $186,883
Prepaid Expenses and Deferred Charges$9,748$450▼ $9,298
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$12,690,532$12,673,632▼ $16,900
Other Assets Total$6,981,970$6,373,105▼ $608,865
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,045,667$1,268,479▲ $222,812
Accounts Payable and Accrued Expenses$73,002$103,652▲ $30,650
Other Liabilities$19,331$17,796▼ $1,535
Deferred Revenue$50$50→ $0
Total Liabilities$1,138,050$1,389,977▲ $251,927
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,552,482$11,283,655▼ $268,827
Total Liabilities and Net Assets / Fund Balance$12,690,532$12,673,632▼ $16,900

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$614,312$647,492$1,261,804
Land$111,200-$111,200
Other Assets Org$237,680--
Other Securities$1,452,371--
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Warren SawyerChairman Emeritus
Clarke OrzelliChairperson
Debra NutterPresident & CEO
Bessy KongDirector
John WasielewskiDirector
Peter LovettDirector
Shawn YardleyDirector
VINCE O'DONNELLDirector
Kathryn BurnsClerk
Joan B SawyerClerk Emeritus
Robert SnowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$236,979
Program Service Revenue
$466,873
Investment Income
$381,951
Other Revenue
$0
All Other Contributions
$500
Change in Net Assets
$-41,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,103,779
Grants and Similar Amounts Paid$23,239
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$74,426--$74,426
Travel$57,997--$57,997
Other Expenses$47,529--$47,529
Interest$37,652--$37,652
Depreciation Depletion$34,203--$34,203
Fees for Services Accounting$24,740--$24,740
Grants to Domestic Individuals$23,239--$23,239
Fees for Services Management$13,101--$13,101
Insurance$9,115--$9,115
Fees for Services Legal$6,416--$6,416
Office Expenses$5,703--$5,703
Advertising$630--$630
Total Functional Expenses$1,127,018$0$0$1,127,018
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
Tenant Security Deposits$17,796
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The board of directors include members who are related by marriage.”

Form 990, Part VI, Section A, Line 6

“The members include the board of directors.”

Form 990, Part VI, Section A, Line 7A

“The board of directors are elected by its members.”

Form 990, Part VI, Section A, Line 7B

“The board of directors are responsible for approving governing decisions.”

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

“The form 990 is sent to the executive director for review and approval and is made available to the board of directors for review.”

Form 990, Part VI, Section C, Line 19

“All organizing and operating documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Caleb Foundation Inc
EIN
22-3205846
Phone
7815954665
Address
491 HUMPHREY STREET, SWAMPSCOTT, MA 01907

Signing Officer

Name
Debra Nutter
Title
President & CEO
Phone
7815954665
Signed
2019-10-08

Organization Details

Principal Officer
Debra Nutter
Formed
1992
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Otis Atwell
Address
324 GANNETT DRIVE, SOUTH PORTLAND, ME 04106
Preparer
Thomas Gioia
Phone
2077801100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Supportive services: program service expenses 44,048. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,048. Consulting: program service expenses 15,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,650. Real estate taxes: program service expenses 14,728. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,728.”

Raw XML AppendixShowing 400 of 1,044 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/BOYAmt073002
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0103652
IRS990/AccountsReceivableGrp/BOYAmt012605
IRS990/AccountsReceivableGrp/EOYAmt0199488
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OWN, INVEST IN, AND MANAGE AND DEVELOP QUALITY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES.
IRS990/AdvertisingGrp/ProgramServicesAmt0630
IRS990/AdvertisingGrp/TotalAmt0630
IRS990/AllOtherContributionsAmt0500
IRS990/AllOtherExpensesGrp/ProgramServicesAmt074426
IRS990/AllOtherExpensesGrp/TotalAmt074426
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07815954665
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0491 HUMPHREY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SWAMPSCOTT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001907
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0112695
IRS990/CashNonInterestBearingGrp/EOYAmt0266452
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0236979
IRS990/CYGrantsAndSimilarPaidAmt023239
IRS990/CYInvestmentIncomeAmt0381951
IRS990/CYOtherExpensesAmt01103779
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0466873
IRS990/CYRevenuesLessExpensesAmt0-41215
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01127018
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01085803
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt050
IRS990/DeferredRevenueGrp/EOYAmt050
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt034203
IRS990/DepreciationDepletionGrp/TotalAmt034203
IRS990/Desc0ACQUISITION, IMPLEMENTATION AND MONITORING A MULTI-FAMILY HOUSING COMPLEX FOR LOW-INCOME ELDERLY, HANDICAPPED AND FAMILIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01127018
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt024740
IRS990/FeesForServicesAccountingGrp/TotalAmt024740
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt06416
IRS990/FeesForServicesLegalGrp/TotalAmt06416
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt013101
IRS990/FeesForServicesManagementGrp/TotalAmt013101
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt038.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
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/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/PersonNm0CLARKE ORZELLI
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBRA NUTTER
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHRYN BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT SNOW
IRS990/Form990PartVIISectionAGrp/PersonNm4BESSY KONG
IRS990/Form990PartVIISectionAGrp/PersonNm5PETER LOVETT
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN WASIELEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7WARREN SAWYER
IRS990/Form990PartVIISectionAGrp/PersonNm8VINCE O'DONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm9JOAN B SAWYER
IRS990/Form990PartVIISectionAGrp/PersonNm10SHAWN YARDLEY
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1180000
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/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CLERK EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt089420
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt057166
IRS990/GrantAmt023239
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt023239
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt023239
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt089420
IRS990/GrossReceiptsAmt01085803
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09115
IRS990/InsuranceGrp/TotalAmt09115
IRS990/InterestGrp/ProgramServicesAmt037652
IRS990/InterestGrp/TotalAmt037652
IRS990/InvestmentIncomeGrp/ExclusionAmt0292531
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0292531
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01456118
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01452371
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02330869
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02720032
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0647492
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0672516
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0725512
IRS990/LandBldgEquipCostOrOtherBssAmt01373004
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OWN, INVEST IN, AND MANAGE AND DEVELOP QUALITY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01045667
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01268479
IRS990/NetAssetsOrFundBalancesBOYAmt011552482
IRS990/NetAssetsOrFundBalancesEOYAmt011283655
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt089420
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt089420
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-227612
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt05703
IRS990/OfficeExpensesGrp/TotalAmt05703
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06981970
IRS990/OtherAssetsTotalGrp/EOYAmt06373105
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc1OVERHEAD ALLOCATION
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0552839
IRS990/OtherExpensesGrp/ProgramServicesAmt1184851
IRS990/OtherExpensesGrp/ProgramServicesAmt254577
IRS990/OtherExpensesGrp/ProgramServicesAmt347529
IRS990/OtherExpensesGrp/TotalAmt0552839
IRS990/OtherExpensesGrp/TotalAmt1184851
IRS990/OtherExpensesGrp/TotalAmt254577
IRS990/OtherExpensesGrp/TotalAmt347529
IRS990/OtherLiabilitiesGrp/BOYAmt019331
IRS990/OtherLiabilitiesGrp/EOYAmt017796
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09748
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0450
IRS990/PrincipalOfficerNm0DEBRA NUTTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PARTNERSHIP REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2ADMINISTRATIVE FEES
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY/MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0200428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1199111
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt263889
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1199111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt263889
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33445
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt057229
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0370747
IRS990/PYOtherExpensesAmt01119470
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0626703
IRS990/PYRevenuesLessExpensesAmt0-64791
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01119470
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01054679
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-41215
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0179313
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0556293
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011552482
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011283655
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01114011
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0936222
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0236979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt057229
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt051903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt053807
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0925396
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01325314
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0381951
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0370747
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0281536
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0266773
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0360362
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01661369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0466873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0626703
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01001891
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0660498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0201795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02957760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0381951
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0370747
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0281536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0266773
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0360362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01661369
IRS990ScheduleA/InvestmentIncomeCYPct00.27950
IRS990ScheduleA/InvestmentIncomePYPct00.24960
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72050
IRS990ScheduleA/PublicSupportPY509Pct00.75040
IRS990ScheduleA/PublicSupportTotal509Amt04283074
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0703852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0683932
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01053794
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0714305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01127191
IRS990ScheduleA/Total509Grp/TotalAmt04283074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01085803
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01054679
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01335330
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0981078
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01487553
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05944443
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0614312
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0647492
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01261804
IRS990ScheduleD/LandGrp/BookValueAmt0111200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt018522
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15787784
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2329119
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3237680
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVES AND ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017796
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01452371
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN PARTNERSHIPS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0725512
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06373105
IRS990ScheduleD/TotalBookValueSecuritiesAmt01452371
IRS990ScheduleD/TotalLiabilityAmt017796
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt023239
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS PROVIDED FOR LOW-INCOME TENANTS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TENANTS SUBMIT APPLICATIONS FOR SCHOLARSHIPS WHICH ARE REVIEWED BY A COMMITTEE. FUNDS COME FROM DONATIONS THAT HAVE BEEN DESIGNATED FOR SCHOLARSHIPS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0180000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEBRA NUTTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,673,632
Liabilities
$1,389,977
Net assets
$11,283,655
Revenue
$1,085,803
Expenses
$1,127,018
Net income
-$41,215
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.9$5.72$32.2$5.37$2.10$3.27
2023Summary only. Only limited summary data is available for this year.$34.8$6.06$28.7$4.18$1.61$2.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.3$5.38$25.9$11.2$1.67$9.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$2.93$17.9$2.49$1.23$1.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$2.31$14.2$1.90$1.50$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$1.61$12.4$2.09$1.25$0.84
2018Detailed filing. Detailed filing data is available for this year.$12.7$1.39$11.3$1.09$1.13$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$1.14$11.6$1.05$1.12$0.06
2016Summary only. Only limited summary data is available for this year.$12.0$1.02$11.0$1.34$1.09$0.24
2015Detailed filing. Detailed filing data is available for this year.$11.4$1.03$10.3$0.99$0.83$0.16
2014Detailed filing. Detailed filing data is available for this year.$11.4$1.16$10.3$1.49$0.87$0.62
2013Summary only. Only limited summary data is available for this year.$10.6$1.01$9.61$1.61$0.59$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.71$1.04$8.67$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.67$0.95$7.72$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.76$1.02$6.73$1.53
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $10M-$25M nonprofits