Civic Intelligence

Michaels Community Services Corporation

EIN 45-3199958 • 501(c)3 • Camden, NJ

Profile

Better tomorrows mission is to empower individuals, families, and neighborhoods to thrive. Better tomorrows works in affordable housing developments to provide a spectrum of social services and support to the residents. Better tomorrows programming centers around educational success, economic stability, healthy lifestyles, and building strong communities.

PO Box 90708Camden, NJ 08101

www.bettertomorrows.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.42x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

90th percentile

3.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

60th percentile

8.4%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

18th percentile

$187,007

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

32nd percentile

1.3%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

47th percentile

7.3%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$62,638,667

Up $810,740 (+1.3%) from 2024

Liabilities

Up

$26,497,097

Up $134,462 (+0.5%) from 2024

Net Assets

Up

$36,141,570

Up $676,278 (+1.9%) from 2024

Revenue

Up

$8,065,455

Up $551,007 (+7.3%) from 2024

Expenses

Up

$7,389,177

Up $622,092 (+9.2%) from 2024

Net Income

Down

$676,278

Down $71,085 (-9.5%) from 2024

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0-$20MAssets 2013: $346,854Liabilities 2013: $698,043Net Assets 2013: -$351,1892013Assets 2014: $1,150,042Liabilities 2014: $2,494,906Net Assets 2014: -$1,344,8642014Assets 2015: $1,453,455Liabilities 2015: $3,196,893Net Assets 2015: -$1,743,4382015Assets 2016: $569,511Liabilities 2016: $3,216,762Net Assets 2016: -$2,647,2512016Assets 2017: $444,870Liabilities 2017: $2,955,296Net Assets 2017: -$2,510,4262017Assets 2018: $7,625,059Liabilities 2018: $3,466,639Net Assets 2018: $4,158,4202018Assets 2019: $9,048,576Liabilities 2019: $4,114,018Net Assets 2019: $4,934,5582019Assets 2020: $34,939,432Liabilities 2020: $3,630,654Net Assets 2020: $31,308,7782020Assets 2021: $39,587,264Liabilities 2021: $7,652,533Net Assets 2021: $31,934,7312021Assets 2022: $48,473,807Liabilities 2022: $14,130,466Net Assets 2022: $34,343,3412022Assets 2023: $60,886,014Liabilities 2023: $26,168,084Net Assets 2023: $34,717,9302023Assets 2024: $61,827,927Liabilities 2024: $26,362,635Net Assets 2024: $35,465,2922024Assets 2025: $62,638,667Liabilities 2025: $26,497,097Net Assets 2025: $36,141,5702025

Highlighted filing

2025

Assets$62,638,667
Liabilities$26,497,097
Net Assets$36,141,570

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2013: $631,493Expenses 2013: $982,652Net Income 2013: -$351,1592013Revenue 2014: $4,370,516Expenses 2014: $5,213,342Net Income 2014: -$842,8262014Revenue 2015: $5,244,157Expenses 2015: $5,642,731Net Income 2015: -$398,5742015Revenue 2016: $4,690,561Expenses 2016: $5,594,374Net Income 2016: -$903,8132016Revenue 2017: $5,490,378Expenses 2017: $5,353,553Net Income 2017: $136,8252017Revenue 2018: $6,022,001Expenses 2018: $5,589,363Net Income 2018: $432,6382018Revenue 2019: $6,485,537Expenses 2019: $5,709,399Net Income 2019: $776,1382019Revenue 2020: $6,731,885Expenses 2020: $6,164,864Net Income 2020: $567,0212020Revenue 2021: $6,564,419Expenses 2021: $5,938,466Net Income 2021: $625,9532021Revenue 2022: $8,637,574Expenses 2022: $6,228,964Net Income 2022: $2,408,6102022Revenue 2023: $7,269,990Expenses 2023: $6,895,401Net Income 2023: $374,5892023Revenue 2024: $7,514,448Expenses 2024: $6,767,085Net Income 2024: $747,3632024Revenue 2025: $8,065,455Expenses 2025: $7,389,177Net Income 2025: $676,2782025

Highlighted filing

2025

Revenue$8,065,455
Expenses$7,389,177
Net Income$676,278

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$62.6$26.5$36.1$8.07$7.39$0.68
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.8$26.4$35.5$7.51$6.77$0.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.9$26.2$34.7$7.27$6.90$0.37
2022Detailed filing. Detailed filing data is available for this year.$48.5$14.1$34.3$8.64$6.23$2.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.6$7.65$31.9$6.56$5.94$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.9$3.63$31.3$6.73$6.16$0.57
2019Detailed filing. Detailed filing data is available for this year.$9.05$4.11$4.93$6.49$5.71$0.78
2018Detailed filing. Detailed filing data is available for this year.$7.63$3.47$4.16$6.02$5.59$0.43
2017Detailed filing. Detailed filing data is available for this year.$0.44$2.96$2.51$5.49$5.35$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$3.22$2.65$4.69$5.59$0.90
2015Detailed filing. Detailed filing data is available for this year.$1.45$3.20$1.74$5.24$5.64$0.40
2014Detailed filing. Detailed filing data is available for this year.$1.15$2.49$1.34$4.37$5.21$0.84
2013Summary only. Only limited summary data is available for this year.$0.35$0.70$0.35$0.63$0.98$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Dec 12, 2025
Return Version
2024v5.2
Gross Receipts
$8,065,455
Mission and Program Overview

Mission

Better tomorrows mission is to empower individuals, families, and neighborhoods to thrive. Better tomorrows works in affordable housing developments to provide a spectrum of social services and support to the residents. Better tomorrows programming centers around educational success, economic stability, healthy lifestyles, and building strong communities.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$59,990,811$60,847,960▲ $857,149
Accounts Receivable$127,607$441,961▲ $314,354
Cash and Non-Interest-Bearing Accounts$624,670$315,245▼ $309,425
Prepaid Expenses and Deferred Charges$79,629$85,667▲ $6,038
Total Assets$61,827,927$62,638,667▲ $810,740
Other Assets Total$1,005,210$947,834▼ $57,376
Liabilities
Deferred Revenue$23,480,154$23,480,154→ $0
Other Liabilities$2,454,189$2,596,360▲ $142,171
Accounts Payable and Accrued Expenses$428,292$420,583▼ $7,709
Total Liabilities$26,362,635$26,497,097▲ $134,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,465,292$36,141,570▲ $676,278
Total Net Assets Fund Balance$35,465,292$36,141,570▲ $676,278
Total Liabilities and Net Assets / Fund Balance$61,827,927$62,638,667▲ $810,740
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patricia SchwartzExecutive DirectorFT$175,000$12,007$187,007
Ann PetersonDirector of Social ServiceFT$114,833$12,395$127,228

Board Members and Trustees

NameTitle
Mark MorganChairman of the Board
Dr Bruce JohnsonSecretary & Trustee of Bd
Annie R FosterTrustee
Jake JonesTrustee
Marge DellavecchiaTrustee
Sharon HarTrustee
Joseph PurcellCFO & Treasurer of the Bd
Revenue and Support

Revenue Composition

Contributions and Grants
$421,228
Program Service Revenue
$6,621,708
Investment Income
$857,149
Other Revenue
$165,370
All Other Contributions
$421,228
Change in Net Assets
$676,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,121,318
Other Expenses$1,267,859
Total Fundraising Expense$80,243
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,929,075$290,257$46,170$5,265,502
Payroll Taxes$573,021$33,743$5,368$612,132
Other Expenses$429,475--$429,475
Fees for Services Other$46,291$319,799$637$366,727
Other Employee Benefits$228,114$13,433$2,137$243,684
Conferences and Meetings$112,026$6,993$1,584$120,603
Occupancy$56,095$31,897$14,665$102,657
Insurance$85,338$5,025$799$91,162
Travel$46,554$16,109$7,047$69,710
Interest-$42,936-$42,936
Advertising$21,065$1,240$198$22,503
Office Expenses$16,476$3,972$1,638$22,086
Total Functional Expenses$6,543,530$765,404$80,243$7,389,177
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
Loan Payable - Related Party$1,993,000
Loan Payable$533,605
Operating Lease Liability$69,755
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

John j. O'donnell and joseph purcell have a business relationship as employees of the michaels organization and as officers of 11 crown street associates, lp, springwood avenue associates, lp, a subsidy of springwood avenue associates, lp, carling llc, michaels development company, carling and marshall 1232 llc, cooper plaza historic homes, lp, michaels management - affordable, llc, continental mortgage corporation.

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

A copy of the form 990 was given to finance committee for review and comments prior to filing.

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

Board members are required to sign a conflict of interest policy when they join the board of directors. Board members will renew their conflict of interest statements each year. The executive committee reviews the completed forms for any possible conflicts of interest.

Form 990, Part VI, Section B, Line 15

The board of directors determines compensation for officers of the organization on an annual basis using independent data and research.

Form 990, Part VI, Section C, Line 19

The michaels community services corporation makes it governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Michaels Community Services Corporation
EIN
45-3199958
Phone
8567978969
Address
PO BOX 90708, CAMDEN, NJ 08101

Signing Officer

Name
Joseph F Purcell
Title
Treasurer & CFO
Phone
8567978969
Signed
2025-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph F Purcell
Formed
2011
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
5
Employees
148
Volunteers
34

Preparer

Firm
Eisner Advisory Group LLC
Address
111 WOOD AVENUE SOUTH, ISELIN, NJ 08830-2700
Preparer
Douglas Tapp
Phone
7322437000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Michaels community services corporation d/b/a better tomorrows (the organization") is a new jersey not-for-profit organization. The corporation is organized exclusively for charitable and educational purposes to promote social welfare by making grants and loans, conducting research and development, providing social services to low-income individuals throughout the united states, and fostering low-income housing through the construction, rehabilitation, financing, and ownership of affordable housing units.

FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION

Michaels community services corporation d/b/a better tomorrows (the organization") is a new jersey not-for-profit organization. The corporation is organized exclusively for charitable and educational purposes to promote social welfare by making grants and loans, conducting real estate development, providing social services to low-income individuals throughout the united states, and fostering low income housing through the construction, rehabilitation, financing, and ownership of affordable housing units.

Financial Statement Notes

PART X, LINE 2:

The internal revenue service ("irs") has recognized the organization as tax exempt under section 501(c)(3) of the internal revenue code. U.s. Gaap requires management to evaluate tax positions taken and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by a government authority. Management has analyzed the tax positions taken by the organization, and has concluded that as of march 31, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. The organization recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no income tax-related interest or penalties recorded for the years ended march 31, 2025 and 2024.

Raw XML AppendixShowing 400 of 765 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/NoDonorRestrictionNetAssetsGrp/EOYAmt036141570
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt014665
IRS990/OccupancyGrp/ManagementAndGeneralAmt031897
IRS990/OccupancyGrp/ProgramServicesAmt056095
IRS990/OccupancyGrp/TotalAmt0102657
IRS990/OfficeExpensesGrp/FundraisingAmt01638
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03972
IRS990/OfficeExpensesGrp/ProgramServicesAmt016476
IRS990/OfficeExpensesGrp/TotalAmt022086
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01005210
IRS990/OtherAssetsTotalGrp/EOYAmt0947834
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02137
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013433
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0228114
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0243684
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0429475
IRS990/OtherExpensesGrp/TotalAmt0429475
IRS990/OtherLiabilitiesGrp/BOYAmt02454189
IRS990/OtherLiabilitiesGrp/EOYAmt02596360
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0165370
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0165370
IRS990/OtherRevenueTotalAmt0165370
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt046170
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0290257
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04929075
IRS990/OtherSalariesAndWagesGrp/TotalAmt05265502
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt059990811
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt060847960
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05368
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033743
IRS990/PayrollTaxesGrp/ProgramServicesAmt0573021
IRS990/PayrollTaxesGrp/TotalAmt0612132
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt079629
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt085667
IRS990/PrincipalOfficerNm0JOSEPH F PURCELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0SOCIAL SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06621708
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06621708
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0632946
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0843308
IRS990/PYOtherExpensesAmt0964877
IRS990/PYOtherRevenueAmt0303970
IRS990/PYProgramServiceRevenueAmt05734224
IRS990/PYRevenuesLessExpensesAmt0747363
IRS990/PYSalariesCompEmpBnftPaidAmt05802208
IRS990/PYTotalExpensesAmt06767085
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07514448
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0676278
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06621708
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt01676075
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01489882
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01453943
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt02832740
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt01197238
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt08649878
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2020 AMOUNT: $ 139,830. 2021 AMOUNT: $ 405,666. 2022 AMOUNT: $ 376,916. 2023 AMOUNT: $ 303,971. 2024 AMOUNT: $ 165,370.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0421228
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0632946
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0787118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02084294
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0222721
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04148307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0857149
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0843308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0749319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0684857
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0731589
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03866222
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt06621708
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt05734224
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt05356637
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt05464757
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt05470279
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt028647605
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0857149
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0843308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0749319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0684857
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0731589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03866222
IRS990ScheduleA/InvestmentIncomeCYPct00.10160
IRS990ScheduleA/InvestmentIncomePYPct00.09930
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0165370
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0303971
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0376916
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0405666
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0139830
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01391753
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.56780
IRS990ScheduleA/PublicSupportPY509Pct00.54890
IRS990ScheduleA/PublicSupportTotal509Amt021605782
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt02400595
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01907258
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01913777
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt03214601
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01753899
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt011190130
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0724520
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0417376
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0459834
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0381861
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0556661
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt02540252
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07042936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06367170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06143755
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07549051
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05693000
IRS990ScheduleA/Total509Grp/TotalAmt032795912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08065455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07514449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07269990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08639574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06564419
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt038053887
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01993000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1533605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt269755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE - RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE ("IRS") HAS RECOGNIZED THE ORGANIZATION AS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF MARCH 31, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX-RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED MARCH 31, 2025 AND 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt02596360
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICIA SCHWARTZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0187007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0SEE THE ATTACHED
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0SEE PART V
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0COL (A), LINE (4): JOSEPH PURCELL OFFICER OF 11 CROWN STREET ASSOCIATES, LPCOL (B), LINE (4): CFO AND TREASURER OF THE BOARD OF THE ORGANIZATION.COL (C), LINE (4): LOAN TO DO SITE AND INFRASTRUCTURE WORK FOR ANAFFORADABLE HOUSING DEVELOPMENT IN MERIDEN, CTCOL (D), LINE (4): LOAN FROM THE ORGANIZATIONCOL (E), LINE (4): $500,000COL (F), LINE (4): $500,000DURING THE YEARS ENDED MARCH 31, 2021 AND 2020, THE ORGANIZATION MADE LOANS TO 11 CROWN STREET ASSOCIATES, LP OF APPROXIMATELY $368,000 AND $132,000, RESPECTIVELY, TO DO SITE AND INFRASTRUCTURE WORK FOR AN AFFORDABLE HOUSING DEVELOPMENT IN MERIDEN, CT. THE LOAN BEARS INTEREST AT 5% AND IS DUE IN JANUARY 2059. AT BOTH MARCH 31, 2025 AND 2024, $500,000 WAS DUE FROM 11 CROWN STREET ASSOCIATES, LP. INTEREST INCOME ON THE NOTE FOR THE YEARS ENDED MARCH 31, 2025 AND 2024 WAS $31,000 AND $29,000, RESPECTIVELY, INTEREST RECEIVABLE WAS APPROXIMATELY $151,000 AND $120,000, RESPECTIVELY.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt1COL (A), LINE (4): JOHN J. O'DONNELL OFFICER OF 11 CROWN STREET ASSOCIATES LPCOL (B), LINE (4): CEO AND FORMER CHAIRMAN OF THE BOARD OF THE ORGANIZATION.COL (C), LINE (4): LOAN TO DO SITE AND INFRASTRUCTURE WORK FOR AN AFFORADABLE HOUSING DEVELOPMENT IN MERIDEN, CTCOL (D), LINE (4): LOAN FROM THE ORGANIZATIONCOL (E), LINE (4): $500,000COL (F), LINE (4): $500,000DURING THE YEARS ENDED MARCH 31, 2021 AND 2020, THE ORGANIZATION MADE LOANS TO 11 CROWN STREET ASSOCIATES, LP OF APPROXIMATELY $368,000 AND $132,000, RESPECTIVELY, TO DO SITE AND INFRASTRUCTURE WORK FOR AN AFFORDABLE HOUSING DEVELOPMENT IN MERIDEN, CT. THE LOAN BEARS INTEREST AT 5% AND IS DUE IN JANUARY 2059. AT BOTH MARCH 31, 2025 AND 2024, $500,000 WAS DUE FROM 11 CROWN STREET ASSOCIATES, LP. INTEREST INCOME ON THE NOTE FOR THE YEARS ENDED MARCH 31, 2025 AND 2024 WAS $31,000 AND $29,000, RESPECTIVELY, INTEREST RECEIVABLE WAS APPROXIMATELY $151,000 AND $120,000, RESPECTIVELY.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt2COL (A), LINE (2): JOSEPH PURCELL OFFICER OF SPRINGWOOD AVENUE ASSOCIATES LPCOL (B), LINE (2): CFO AND TREASURER OF THE BOARD OF THE ORGANIZATION.COL (C), LINE (2): LOAN TO DO SITE AND INFRASTRUCTURE WORK FOR AN AFFORADABLE HOUSING DEVELOPMENT IN ASBURY PARK, NJCOL (D), LINE (2): LOAN FROM THE ORGANIZATIONCOL (E), LINE (2): $533,605COL (F), LINE (2): $533,605THE ORGANIZATION MADE LOANS TO A RELATED PARTY, SPRINGWOOD AVENUE ASSOCIATES, LP, OF $533,605 TO DO SITE AND INFRASTRUCTURE WORK FOR AN AFFORDABLE HOUSING DEVELOPMENT IN ASBURY PARK. THE LOAN BEAR NO INTEREST AND ARE DUE IN JANUARY 2038.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt3COL (A), LINE (2): JOHN J. O'DONNELL OFFICER OF SPRINGWOOD AVENUE ASSOCIATES LPCOL (B), LINE (2): CEO AND FORMER CHAIRMAN OF THE BOARD OF THE ORGANIZATION.COL (C), LINE (2): LOAN TO DO SITE AND INFRASTRUCTURE WORK FOR ANAFFORADABLE HOUSING DEVELOPMENT IN ASBURY PARK, NJCOL (D), LINE (2): LOAN FROM THE ORGANIZATIONCOL (E), LINE (2): $533,605COL (F), LINE (2): $533,605THE ORGANIZATION MADE LOANS TO A RELATED PARTY, SPRINGWOOD AVENUE ASSOCIATES, LP, OF $533,605 TO DO SITE AND INFRASTRUCTURE WORK FOR AN AFFORDABLE HOUSING DEVELOPMENT IN ASBURY PARK. THE LOAN BEAR NO INTEREST AND ARE DUE IN JANUARY 2038.

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