Civic Intelligence

YMCA of Greater Boston Realty Corporation

990 • Fiscal year 2013 • EIN 27-1029985

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 22, 2014

316 Huntington AvenueSuite02215

(617) 927-8056

Siviq Scores

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

Liabilities / Assets

87th percentile

0.84x

Higher debt load relative to assets than 87% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

99th percentile

29.96x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

6th percentile

-45%

Higher net margin than 6% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

92nd percentile

$409,581

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 148.5% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

33rd percentile

-1.3%

Faster asset growth than 33% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$9,854,984

Down $125,707 (-1.3%) from 2012

Net Assets

Down

$1,589,684

Down $125,007 (-7.3%) from 2012

Liabilities

Down

$8,265,300

Down $700 (-0.0%) from 2012

Revenue

$275,892

No earlier filing loaded for comparison.

Expenses

Down

$400,899

Down $1,839 (-0.5%) from 2012

Net Income

-$125,007

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $10,992,111Liabilities 2010: $9,011,201Net Assets 2010: $1,980,9102010Assets 2011: $10,107,037Liabilities 2011: $8,265,500Net Assets 2011: $1,841,5372011Assets 2012: $9,980,691Liabilities 2012: $8,266,000Net Assets 2012: $1,714,6912012Assets 2013: $9,854,984Liabilities 2013: $8,265,300Net Assets 2013: $1,589,6842013Assets 2014: $9,728,898Liabilities 2014: $8,265,800Net Assets 2014: $1,463,0982014Assets 2015: $9,603,038Liabilities 2015: $8,265,425Net Assets 2015: $1,337,6132015Assets 2016: $9,477,364Liabilities 2016: $8,265,702Net Assets 2016: $1,211,6622016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2013

Assets$9,854,984
Liabilities$8,265,300
Net Assets$1,589,684

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $62,6442010Expenses 2011: $423,6222011Expenses 2012: $402,7382012Revenue 2013: $275,892Expenses 2013: $400,899Net Income 2013: -$125,0072013Revenue 2014: $275,891Expenses 2014: $402,477Net Income 2014: -$126,5862014Revenue 2015: $275,891Expenses 2015: $401,376Net Income 2015: -$125,4852015Revenue 2016: $275,892Expenses 2016: $401,843Net Income 2016: -$125,9512016Revenue 2017: $76,560Expenses 2017: $116,915Net Income 2017: -$40,3552017

Highlighted filing

2013

Revenue$275,892
Expenses$400,899
Net Income-$125,007
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 22, 2014
Return Version
2013v3.1
Gross Receipts
$275,892
Mission and Program Overview

Mission

Ymca of greater boston realty corporation was formed as a massachusetts non-profit corporation on september 30th, 2009 to acquire, finance, develop and lease a neighborhood service center to ymca of greater boston inc. The mission of the ymca is to improve the health of mind, body and spirit of individuals and family.

to acquire, finance, develop and lease to ymca of greater boston, inc. a neighborhood service cneter to be located at 1137 river street, hyde park, massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,460,539$9,193,575▼ $266,964
Prepaid Expenses and Deferred Charges$348,770$498,311▲ $149,541
Intangible Assets$169,480$159,830▼ $9,650
Cash and Non-Interest-Bearing Accounts$1,902$3,268▲ $1,366
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,980,691$9,854,984▼ $125,707
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,250,000$8,250,000→ $0
Other Liabilities$16,000$15,300▼ $700
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,266,000$8,265,300▼ $700
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,714,691$1,589,684▼ $125,007
Total Liabilities and Net Assets / Fund Balance$9,980,691$9,854,984▼ $125,707

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,791,343$782,266$9,573,609
Land$275,918-$275,918
Other Land Buildings$100,863$40,430$141,293
Equipment$25,451$11,569$37,020
Compensation and Service Providers

Board Members and Trustees

NameTitle
kevin washingtonPresident/director
BRIAN KAvOOGiANDirector
PAUL BURMEiSTERdirector
cj HARWOODDirector
Ann C TikkanenTreasurer/ Clerk / Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$275,892
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-125,007

Audited Revenue Reconciliation

Revenue per Audited Statements
$275,892
Total Revenue per Audited Statements
$275,892
Total Revenue per Form 990
$275,892
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$266,964--$266,964
Interest$109,973$0$0$109,973
Other Expenses$50--$50
Total Functional Expenses$400,899$0$0$400,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$400,899
Total Expenses per Audited Statements$400,899
Total Expenses per Form 990$400,899
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$15,300
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
27-1029985
In Care Of
% JIM JAROSZ
Phone
6179278056

Signing Officer

Name
Ann Tikkanen
Title
SVP
Phone
6179278056
Signed
2014-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Washington
Formed
2009
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Phone
6176481400
Supplemental Narrative

Additional Explanations

Question 11B

A copy of the form 990 is provided to all members of the governing body prior to the form being filed. The form is reviewed and discussed among the members of the governing body.

Question 12 C

THE BOARD OF DIRECTORS AND management ENSURE COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. any potential CONFLICTS OF INTEREST would be ADDRESSED DURING periodic board MEETINGS. IN THE EVENT THAT A POTENTIAL CONFLICT OF INTEREST MAY EXIST, THE BOARD would discuss and vote ON THE TRANSACTION OR ARRANGEMENT.

Question 19

The governing documents, conflict of interest policy, and financial statements of the organization are available to the public upon request.

Question 12 B

All members of the board of directors and appointed commitees have a duty to disclose in writing any actual, potential, or perceived conflicts of interest.

questions 15A and 15B

the parent company board of directors reviews all CEO and other officer and director compensation.

Financial Statement Notes

Schedule D, Part XIV, Item 2

INCOME TAXES The Corporation has applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended December 31, 2013. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure.

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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt0275892
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc009
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10YMCA OF GREATER BOSTON INC
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IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd0true
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IRS990ScheduleD/BuildingsGrp/BookValueAmt08791343
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0782266
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09573609
IRS990ScheduleD/EquipmentGrp/BookValueAmt025451
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011569
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037020
IRS990ScheduleD/ExpensesSubtotalAmt0400899
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0275918
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0275918
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0100863
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040430
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0141293
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/RevenueSubtotalAmt0275892
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES The Corporation has applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended December 31, 2013. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART XIV, ITEM 2
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IRS990ScheduleD/TotalExpensesPerForm990Amt0400899
IRS990ScheduleD/TotalLiabilityAmt015300
IRS990ScheduleD/TotalRevenuePerForm990Amt0275892
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt065000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt125000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0304171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1202716
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt030000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt127312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt11052
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt035700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0kevin washington
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ANN C TIKKANEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER/ CLERK / DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0445281
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1256080
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO THE FORM BEING FILED. THE FORM IS REVIEWED AND DISCUSSED AMONG THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS AND management ENSURE COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. any potential CONFLICTS OF INTEREST would be ADDRESSED DURING periodic board MEETINGS. IN THE EVENT THAT A POTENTIAL CONFLICT OF INTEREST MAY EXIST, THE BOARD would discuss and vote ON THE TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MEMBERS OF THE BOARD OF DIRECTORS AND APPOINTED COMMITEES HAVE A DUTY TO DISCLOSE IN WRITING ANY ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4the parent company board of directors reviews all CEO and other officer and director compensation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0QUESTION 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1QUESTION 12 C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2QUESTION 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3QUESTION 12 B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4questions 15a and 15b
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine10Y Boston
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0043230523
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10Huntington Affordable Housing Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt022183
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine10316 Huntington Avenue
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0Boston

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