Civic Intelligence

Vinfen Corporation of Plain Inc

EIN 30-0162655 • 501(c)3 • Cambridge, MA

Profile

To provide low-income disabled individuals with housing in a specially designed environment to meet their needs and promote health, happiness and security on a non-profit basis sufficient to maintain and operate the home.

950 Cambridge StreetCambridge, MA 02141

www.vinfen.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.87x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

14.14x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

16th percentile

-43%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

100th percentile

$590,040

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 989.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

-3.4%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

14%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$450,652

Down $15,669 (-3.4%) from 2023

Liabilities

Up

$843,141

Up $9,701 (+1.2%) from 2023

Net Assets

Down

-$392,489

Down $25,370 (-6.9%) from 2023

Revenue

Up

$59,640

Up $7,489 (+14%) from 2023

Expenses

Up

$85,010

Up $16,232 (+24%) from 2023

Net Income

Down

-$25,370

Down $8,743 (-53%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2010: $490,872Liabilities 2010: $639,730Net Assets 2010: -$148,8582010Assets 2011: $467,316Liabilities 2011: $633,633Net Assets 2011: -$166,3172011Assets 2012: $445,318Liabilities 2012: $639,853Net Assets 2012: -$194,5352012Assets 2013: $429,124Liabilities 2013: $650,763Net Assets 2013: -$221,6392013Assets 2014: $409,375Liabilities 2014: $663,481Net Assets 2014: -$254,1062014Assets 2015: $421,307Liabilities 2015: $694,659Net Assets 2015: -$273,3522015Assets 2016: $427,972Liabilities 2016: $718,640Net Assets 2016: -$290,6682016Assets 2017: $414,822Liabilities 2017: $718,871Net Assets 2017: -$304,0492017Assets 2018: $422,497Liabilities 2018: $738,769Net Assets 2018: -$316,2722018Assets 2019: $421,331Liabilities 2019: $757,662Net Assets 2019: -$336,3312019Assets 2020: $434,180Liabilities 2020: $776,515Net Assets 2020: -$342,3352020Assets 2021: $462,361Liabilities 2021: $806,911Net Assets 2021: -$344,5502021Assets 2022: $480,076Liabilities 2022: $830,568Net Assets 2022: -$350,4922022Assets 2023: $466,321Liabilities 2023: $833,440Net Assets 2023: -$367,1192023Assets 2024: $450,652Liabilities 2024: $843,141Net Assets 2024: -$392,4892024

Highlighted filing

2024

Assets$450,652
Liabilities$843,141
Net Assets-$392,489

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2010: $53,8622010Expenses 2011: $49,9342011Expenses 2012: $60,6952012Expenses 2013: $63,7092013Revenue 2014: $40,721Expenses 2014: $73,188Net Income 2014: -$32,4672014Revenue 2015: $40,723Expenses 2015: $59,969Net Income 2015: -$19,2462015Revenue 2016: $40,725Expenses 2016: $58,041Net Income 2016: -$17,3162016Revenue 2017: $48,315Expenses 2017: $61,696Net Income 2017: -$13,3812017Revenue 2018: $52,121Expenses 2018: $64,344Net Income 2018: -$12,2232018Revenue 2019: $52,132Expenses 2019: $72,191Net Income 2019: -$20,0592019Revenue 2020: $51,670Expenses 2020: $57,674Net Income 2020: -$6,0042020Revenue 2021: $56,336Expenses 2021: $58,551Net Income 2021: -$2,2152021Revenue 2022: $52,170Expenses 2022: $58,112Net Income 2022: -$5,9422022Revenue 2023: $52,151Expenses 2023: $68,778Net Income 2023: -$16,6272023Revenue 2024: $59,640Expenses 2024: $85,010Net Income 2024: -$25,3702024

Highlighted filing

2024

Revenue$59,640
Expenses$85,010
Net Income-$25,370

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.51$8.43$3.92$0.60$0.85$0.25
2023Detailed filing. Detailed filing data is available for this year.$4.66$8.33$3.67$0.52$0.69$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.80$8.31$3.50$0.52$0.58$0.06
2021Detailed filing. Detailed filing data is available for this year.$4.62$8.07$3.45$0.56$0.59$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.34$7.77$3.42$0.52$0.58$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.21$7.58$3.36$0.52$0.72$0.20
2018Detailed filing. Detailed filing data is available for this year.$4.22$7.39$3.16$0.52$0.64$0.12
2017Detailed filing. Detailed filing data is available for this year.$4.15$7.19$3.04$0.48$0.62$0.13
2016Detailed filing. Detailed filing data is available for this year.$4.28$7.19$2.91$0.41$0.58$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.21$6.95$2.73$0.41$0.60$0.19
2014Detailed filing. Detailed filing data is available for this year.$4.09$6.63$2.54$0.41$0.73$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$6.51$2.22$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$6.40$1.95$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$6.34$1.66$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$6.40$1.49$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$59,640
Mission and Program Overview

Mission

To provide low-income disabled individuals with housing in a specially designed environment to meet their needs and promote health, happiness and security on a non-profit basis sufficient to maintain and operate the home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$262,012$237,385▼ $24,627
Cash and Non-Interest-Bearing Accounts$167,422$161,017▼ $6,405
Prepaid Expenses and Deferred Charges$117$117→ $0
Total Assets$466,321$450,652▼ $15,669
Other Assets Total$36,770$52,133▲ $15,363
Liabilities
Unsecured Notes Loans Payable$600,083$600,083→ $0
Other Liabilities$232,117$235,208▲ $3,091
Accounts Payable and Accrued Expenses$84$6,694▲ $6,610
Escrow Account Liability$1,156$1,156→ $0
Total Liabilities$833,440$843,141▲ $9,701
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-367,119$-392,489▼ $25,370
Total Net Assets Fund Balance$-367,119$-392,489▼ $25,370
Total Liabilities and Net Assets / Fund Balance$466,321$450,652▼ $15,669

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$232,473$431,378$663,851
Equipment$0$21,786$21,786
Land$4,912-$4,912
Other Assets Org$52,133--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jean YangDirector, President
Paul ZintlDirector
Philip a MasonDirector
Annette KovameesDirector Treas. & Clerk (as of 09/21/23)
Richard F SullivanFormer Treasurer & Clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$59,568
Investment Income
$72
Other Revenue
$0
Change in Net Assets
$-25,370

Audited Revenue Reconciliation

Revenue per Audited Statements
$59,640
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$59,640
Total Revenue per Form 990
$59,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,010
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$24,627--$24,627
Occupancy$19,625--$19,625
Other Expenses$16,169--$16,169
Fees for Services Accounting-$14,446-$14,446
Fees for Services Management-$4,914-$4,914
Fees for Services Other$3,895--$3,895
Insurance$1,317--$1,317
Office Expenses$17--$17
Total Functional Expenses$65,650$19,360$0$85,010

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$85,010
Total Expenses per Audited Statements$85,010
Total Expenses per Form 990$85,010
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
Due to Affiliate$235,208
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
No
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 A, Line 6

The sole member of the organization is vinfen corporation.

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

The sole member, vinfen corporation, has the power to appoint and/or remove the board members of the organization.

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

The form 990 is prepared by vinfen finance staff and reviewed by its controller and chief financial officer. All directors are provided a copy and given an opportunity to respond prior to submission to the irs.

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

Vinfen corporation distributes the conflict of interest policy and disclosure annually or bi-annually to directors, officers, and key employees and reviews the responses for potential conflicts. The conflict of interest policy covers all directors of vinfen corporation and its affiliated entities, as well as the senior management (the interdepartmental council or "idc") at vinfen corporation and affiliates. The general counsel reviews the disclosure forms to determine which directors or idc members have disclosed a potential conflict. For potential board conflicts, the chairperson of the board of director appoints a committee of directors (with no reportable conflicts) to review the details of any reported potential conflicts and/or proposed business transactions. The committee then makes a recommendation for approval by the full board, which is voted on only by those directors with no reportable transactions. For potential conflicts by idc members, the ceo appoints a committee of idc members (with no reportable conflicts) to review the details of any reported potential conflicts and proposed business transactions. The committee then makes a recommendation for approval by the executive team, which is voted on only by those executive team members with no reportable transactions.

Form 990, Part VI, Section C, Line 19

Vinfen corporation and affiliates make their governing documents, conflict of interest policy, form 990, and financial statements available to the public upon request, by paper or e-mail, for the same period of disclosure as set forth in section 6104(d). The form 990 without schedule b is available via candid, formerly known as guidestar, and the office of the massachusetts attorney general's website.

Filing and Contact Details

Filer

Filer Name
Vinfen Corporation of Plain Inc
EIN
30-0162655
Phone
6174411800
Address
950 CAMBRIDGE STREET, CAMBRIDGE, MA 02141

Signing Officer

Name
Jean Yang
Title
Director, CEO
Phone
6174411800
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Yang
Formed
2002
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Rsm US Llp
Address
80 CITY SQUARE, BOSTON, MA 02129-3742
Preparer
Lynne Johnson
Phone
6179129000
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Tenant security deposits totaling $1,156 were held in escrow accounts.

PART X, LINE 2:

Vinfen corporation of plain, inc. ("plain") is qualified under section 501 (c)(3) of the internal revenue code (irc) and is exempt from federal and state income taxes. Plain is subject to federal and state income taxes on unrelated business income, if any. Plain follows the fasb guidance, accounting for uncertainty in income taxes, which clarifies the accounting for uncertainty in income taxes by prescribing the recognition threshold a tax position is required to meet before being recognized in the consolidated financial statements. It also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Management believes that plain has no material uncertainties in income taxes. With few exceptions, plain is no longer subject to income tax examinations by the federal, state or local tax authorities for three years from the date filed. Plain will account for interest and penalties related to uncertain tax positions, if any, as part of operating expenses.

PART X, LINE 1:

Due to affiliate - plain owes $235,208 to vinfen corporation. This advance bears no interest and has no fixed payment terms. Management does not anticipate any payments during the succeeding five years.

Raw XML AppendixShowing 400 of 578 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/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, PRESIDENT
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt043
IRS990/PYOtherExpensesAmt068778
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt052108
IRS990/PYRevenuesLessExpensesAmt0-16627
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt068778
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt052151
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-25370
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt059568
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt064
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt059568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt052108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt052080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt056260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt051606
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt043
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0345
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt0271622
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt059568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt052108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt052080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt056260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt051606
IRS990ScheduleA/Total509Grp/TotalAmt0271622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt059640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt052151
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt052170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt056336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt051670
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0271967
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0232473
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0431378
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0663851
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021786
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt085010
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt04912
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04912
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt052133
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSETS WHOSE USE IS LIMITED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0235208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt059640
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS TOTALING $1,156 WERE HELD IN ESCROW ACCOUNTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1VINFEN CORPORATION OF PLAIN, INC. ("PLAIN") IS QUALIFIED UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. PLAIN IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. PLAIN FOLLOWS THE FASB GUIDANCE, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT PLAIN HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, PLAIN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE DATE FILED. PLAIN WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF OPERATING EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DUE TO AFFILIATE - PLAIN OWES $235,208 TO VINFEN CORPORATION. THIS ADVANCE BEARS NO INTEREST AND HAS NO FIXED PAYMENT TERMS. MANAGEMENT DOES NOT ANTICIPATE ANY PAYMENTS DURING THE SUCCEEDING FIVE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART X, LINE 1:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0237385
IRS990ScheduleD/TotalBookValueOtherAssetsAmt052133
IRS990ScheduleD/TotalExpensesPerForm990Amt085010
IRS990ScheduleD/TotalLiabilityAmt0235208
IRS990ScheduleD/TotalRevenuePerForm990Amt059640
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt059640
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt085010
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0575695
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1287561
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt272916
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt27351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011279
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt136936
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt2746
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt12524
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt250117
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEAN YANG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ANNETTE KOVAMEES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RICHARD F SULLIVAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR, PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIR. TREAS. & CLERK (AS OF 09/21/23)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2FORMER TREASURER & CLERK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1327021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2131130
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS ARE COMPENSATED BY VINFEN CORPORATION, A CONTROLLING ORGANIZATION. THE BOARD OF DIRECTORS OF VINFEN CORPORATION AND AFFILIATES PERIODICALLY ENGAGES THE SERVICES OF AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO CORPORATE OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABLE COMPENSATION DATA TO DETERMINE THE COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES PERIODICALLY WITH CONTEMPORANEOUS DOCUMENTATION. RECORDKEEPING OF ALL COMPENSATION DECISIONS EXIST, IN THE FORM OF PERSONNEL ACTION FORMS FOR EVERY COMPENSATION ACTION AFFECTING POSITIONS AT VINFEN CORPORATION.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1RICHARD SULLIVAN, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $49,167 WHICH IS REPORTED IN PART II, COLUMN (B)(III).
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF THE ORGANIZATION IS VINFEN CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER, VINFEN CORPORATION, HAS THE POWER TO APPOINT AND/OR REMOVE THE BOARD MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY VINFEN FINANCE STAFF AND REVIEWED BY ITS CONTROLLER AND CHIEF FINANCIAL OFFICER. ALL DIRECTORS ARE PROVIDED A COPY AND GIVEN AN OPPORTUNITY TO RESPOND PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VINFEN CORPORATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND DISCLOSURE ANNUALLY OR BI-ANNUALLY TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE RESPONSES FOR POTENTIAL CONFLICTS. THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS OF VINFEN CORPORATION AND ITS AFFILIATED ENTITIES, AS WELL AS THE SENIOR MANAGEMENT (THE INTERDEPARTMENTAL COUNCIL OR "IDC") AT VINFEN CORPORATION AND AFFILIATES. THE GENERAL COUNSEL REVIEWS THE DISCLOSURE FORMS TO DETERMINE WHICH DIRECTORS OR IDC MEMBERS HAVE DISCLOSED A POTENTIAL CONFLICT. FOR POTENTIAL BOARD CONFLICTS, THE CHAIRPERSON OF THE BOARD OF DIRECTOR APPOINTS A COMMITTEE OF DIRECTORS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND/OR PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE FULL BOARD, WHICH IS VOTED ON ONLY BY THOSE DIRECTORS WITH NO REPORTABLE TRANSACTIONS. FOR POTENTIAL CONFLICTS BY IDC MEMBERS, THE CEO APPOINTS A COMMITTEE OF IDC MEMBERS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE EXECUTIVE TEAM, WHICH IS VOTED ON ONLY BY THOSE EXECUTIVE TEAM MEMBERS WITH NO REPORTABLE TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VINFEN CORPORATION AND AFFILIATES MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, BY PAPER OR E-MAIL, FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID, FORMERLY KNOWN AS GUIDESTAR, AND THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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/DirectControllingEntityName/BusinessNameLine1Txt0VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VINFEN CORPORATION OF CONNECTICUT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1VINFEN CORPORATION OF LARCHMONT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3VINFEN CORPORATION OF FOREST INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4WESTLAND COMMUNITY HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5MERRIMACK HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6GARDEN STREET APARTMENTS

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