Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Wellesley Housing Development Corporation
990EZ • Fiscal year 2016 • EIN 31-1802126
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Up$197,388
Up $834 (+0.4%) from 2015
Net Assets
Up$197,388
Up $834 (+0.4%) from 2015
Liabilities
Flat$0
Flat from 2015
Revenue And Expenses
Revenue
Down$3,909
Down $99,359 (-96%) from 2015
Expenses
Down$3,075
Down $2,600 (-46%) from 2015
Net Income
Down$834
Down $96,759 (-99%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- Oct 20, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $3,909
Mission and Program Overview
Mission
The wellesley housing development (whdc) is a non-profit corporation authorized by the 1997 annual town meeting and established by special legislation enacted in 1998 by the general court to create and preserve affordable housing (defined as housing for individuals or families with income at less than 80% of the region's median income) in wellesley. The whdc was formed to focus on creative ways to increase and preserve affordable housing in wellesley through partnerships & through its own.
To sponsor and assist in development and preservation of affordable housing opportunities for persons of low and moderate income in the town of wellesley, massachusetts.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SPONSORING AND ASSISTING IN DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING OPPORTUNITIES FOR PERSONS OF LOW AND MODERATE INCOME IN THE TOWN OF WELLESLEY, MASSACHUSETTS. PROVIDING ANALYSIS AND ADVICE TO 1) THE TOWN OF WELLESLEY PLANNING BOARD IN CONNECTION WITH ITS DEVELOPMENT OF INCLUSIONARY ZONING PROVISION IN THE ZONING BYLAWS AND 2) THE TOWN OF WELLESLEY SELECTMEN IN CONNECTION WITH THE PRESERVATION OF THE RENTAL ASSISTANCE SUBSIDY AT EXISTING AFFORDABLE HOUSING PROJECTS. MONITORING AND MAINTENANCE OF SUCH HOUSING. | $0 | $1,275 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT E KENNEY | Chairperson & Director | - | $0 | - | - |
| BOB GOLDKAMP | Vice Chairperson & Director | - | $0 | - | - |
| DONA KEMP | Secretary & Director | - | $0 | - | - |
| TIMOTHY BARRETT | Treasurer & Director | - | $0 | - | - |
| SUSAN TROY | Asst. Treasurer & Director | - | $0 | - | - |
| SARA SCHNORR | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Wellesley Housing Development
- EIN
- 31-1802126
- Phone
- 7814311019
- Address
- WELLESLEY TOWN HALL525 WASHINGTON, WELLESLEY, MA 02482
Signing Officer
- Name
- Robert Kenney
- Title
- Chairperson
- Phone
- 7814311019
- Signed
- 2016-10-20
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Baumann & Baumann Cpas
- Address
- 62 WALNUT STREET, WELLESLEY, MA 02481
- Preparer
- Karl M Baumann
- Phone
- 7812390190
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income from bank. Amount: 834.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: receivable from town. Beg. Of year amount: 0. End of year amount: 700.”
Raw XML Appendix161 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TIMOTHY BARRETT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7814311019 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | WELLESLEY TOWN HALL525 WASHINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WELLESLEY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02482 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 196554 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 196688 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 3075 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 834 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2500 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 196554 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 197388 |
| IRS990EZ/GrossReceiptsAmt | 0 | 3909 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 834 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 196554 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 197388 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 196554 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 197388 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 575 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROBERT E KENNEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BOB GOLDKAMP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DONA KEMP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TIMOTHY BARRETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | SUSAN TROY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SARA SCHNORR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRPERSON & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIRPERSON & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | ASST. TREASURER & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 700 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SPONSOR AND ASSIST IN DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING OPPORTUNITIES FOR PERSONS OF LOW AND MODERATE INCOME IN THE TOWN OF WELLESLEY, MASSACHUSETTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SPONSORING AND ASSISTING IN DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING OPPORTUNITIES FOR PERSONS OF LOW AND MODERATE INCOME IN THE TOWN OF WELLESLEY, MASSACHUSETTS. PROVIDING ANALYSIS AND ADVICE TO 1) THE TOWN OF WELLESLEY PLANNING BOARD IN CONNECTION WITH ITS DEVELOPMENT OF INCLUSIONARY ZONING PROVISION IN THE ZONING BYLAWS AND 2) THE TOWN OF WELLESLEY SELECTMEN IN CONNECTION WITH THE PRESERVATION OF THE RENTAL ASSISTANCE SUBSIDY AT EXISTING AFFORDABLE HOUSING PROJECTS. MONITORING AND MAINTENANCE OF SUCH HOUSING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1275 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 3075 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1275 |
| IRS990EZ/TotalRevenueAmt | 0 | 3909 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3075 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 102898 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1659 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6864 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 69166 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 183662 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 834 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 370 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 423 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 252 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 212 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2091 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.98870 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99720 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 183662 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3075 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 102898 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1659 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6864 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 69166 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 183662 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 185753 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME FROM BANK. AMOUNT: 834. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: RECEIVABLE FROM TOWN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 700. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT KENNEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRPERSON |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7814311019 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-10-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WELLESLEY HOUSING DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WELL |
| ReturnHeader/Filer/EIN | 0 | 311802126 |
| ReturnHeader/Filer/PhoneNum | 0 | 7814311019 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | WELLESLEY TOWN HALL525 WASHINGTON |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WELLESLEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02482 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043006399 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BAUMANN & BAUMANN CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 62 WALNUT STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WELLESLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02481 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7812390190 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KARL M BAUMANN |
| ReturnHeader/ReturnTs | 0 | 2016-10-20T11:08:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $197,388
- Liabilities
- $0
- Net assets
- $197,388
- Revenue
- $3,909
- Expenses
- $3,075
- Net income
- $834