Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
37th percentile
Higher top officer pay than 37% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
27th percentile
Faster revenue growth than 27% of similar nonprofits.
Assets
Down$2,751,039
Down $74,168 (-2.6%) from 2019
Net Assets
Down$154,767
Down $12,440 (-7.4%) from 2019
Liabilities
Down$2,596,272
Down $61,728 (-2.3%) from 2019
Revenue
Down$277,713
Down $49,791 (-15%) from 2019
Expenses
Down$290,153
Down $36,290 (-11%) from 2019
Net Income
Down-$12,440
Down $13,501 (-1272%) from 2019
To serve as a non-profit supporting corporation for the neighborhood developers, inc., a massachusetts non-profit community-based corporation, the corporate mission of which is exclusively for the charitable and educational purposes of involvement in and promotion of cooperative efforts by all of the diverse elements in the cities of massachusetts as a strategy for encouragement of neighborhood rehabilitation and revitalization within the designated program neighborhoods.
Maintaining and leasing a building consisting of 23,000 square feet of commercial space located in chelsea, massachusetts
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,575,610 | $2,499,135 | ▼ $76,475 |
| Savings and Temporary Cash Investments | $164,836 | $171,993 | ▲ $7,157 |
| Accounts Receivable | $80,530 | $55,618 | ▼ $24,912 |
| Prepaid Expenses and Deferred Charges | $4,231 | $4,293 | ▲ $62 |
| Total Assets | $2,825,207 | $2,751,039 | ▼ $74,168 |
| Other Assets Total | $0 | $20,000 | ▲ $20,000 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,075,817 | $2,367,071 | ▲ $291,254 |
| Accounts Payable and Accrued Expenses | $7,915 | $115,963 | ▲ $108,048 |
| Other Liabilities | $574,268 | $113,238 | ▼ $461,030 |
| Total Liabilities | $2,658,000 | $2,596,272 | ▼ $61,728 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $167,207 | $154,767 | ▼ $12,440 |
| Total Net Assets Fund Balance | $167,207 | $154,767 | ▼ $12,440 |
| Total Liabilities and Net Assets / Fund Balance | $2,825,207 | $2,751,039 | ▼ $74,168 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,922,476 | $413,799 | $2,336,275 |
| Land | $576,659 | - | $576,659 |
| Name | Title |
|---|---|
| Alice Murillo | President |
| Peter Hollands | Vice President |
| Christine Torres | Director |
| Dakeya Christmas | Director |
| Faye Dookharan | Director |
| Guadalupe Panameno | Director |
| Leslie Aldrich | Director |
| Mina Jill | Director |
| Mirna Diaz | Director |
| William H Willis | Director |
| Kristen Janjar | Secretary |
| Charlene Bauer | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $290,153 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $202,328 | - | - | $202,328 |
| Depreciation Depletion | $76,475 | - | - | $76,475 |
| Fees for Services Management | $11,340 | - | - | $11,340 |
| Office Expenses | $10 | - | - | $10 |
| Total Functional Expenses | $290,153 | $0 | $0 | $290,153 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Affiliates | $113,238 |
“Opporunity communities llc provides management services to the agency. Oppco billed the agency $11,350 for these services for the year ended december 31, 2020.”
“Management reviews and provides a draft of the tax return to the board of directors of the organization for review. All desired changes are communicated to the auditor and considered for compliance with relevant tax laws prior to being applied and the tax return being filed.”
“The conflict of interest policy is reviewed with the board each year and the board signs off. Any new contracts are reviewed with the conflict of interest policy in mind. If any potential conflict aries it is reproted to the board for discussion and review. In order to avoid the review process, any potential contracts that may present this problem are typically not seriously considered.”
“Governing documents and financial statements are available to the public upon request.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 115963 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 80530 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 55618 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | MAINTAINING AND LEASING A BUILDING CONSISTING OF 23,000 SQUARE FEET OF COMMERCIAL SPACE LOCATED IN CHELSEA, MASSACHUSETTS |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WILLIAM MORRISON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6178891375 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHELSEA |
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| IRS990/CYOtherExpensesAmt | 0 | 290153 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 277447 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -12440 |
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| IRS990/CYTotalExpensesAmt | 0 | 290153 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 277713 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 76475 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 76475 |
| IRS990/Desc | 0 | IN ADDITION TO PROVIDING PROGRAM, HOUSING ADMINISTRATION AND MAINTENANCE FUNCTIONS, AND ADMINISTRATIVE SPACE TO THE NEIGHBORHOOD DEVELOPERS, LEASES WERE ALSO MAINTAINED WITH THE CHELSEA SCHOOL DEPARTMENT FOR HOUSING OF THEIR MAINTENANCE STAFF, AND THE FAMILY DOLLAR STORE, A LOW COST RETAIL OPERATION WHICH SEES SIGNIFICANT FOOT TRAFFIC FROM LOCAL NEIGHBORHOODS. |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
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| IRS990/ExpenseAmt | 0 | 290153 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
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| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 11340 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
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| IRS990/MissionDesc | 0 | MAINTAINING AND LEASING A BUILDING CONSISTING OF 23,000 SQUARE FEET OF COMMERCIAL SPACE LOCATED IN CHELSEA, MASSACHUSETTS AS A STRATEGY FOR ENCOURAGEMENT OF NEIGHBORHOOD REHABILITATION AND REVITALIZATION WITHIN THE DESIGNATED PROGRAM NEIGHBORHOODS. |
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| IRS990/PYOtherExpensesAmt | 0 | 326443 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 1061 |
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| IRS990/PYTotalExpensesAmt | 0 | 326443 |
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| IRS990/PYTotalRevenueAmt | 0 | 327504 |
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| IRS990/RevenueAmt | 0 | 277447 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 164836 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 171993 |
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| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
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| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
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| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
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| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 042660283 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | THE NEIGHBORHOOD DEVELOPERS INC |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 413799 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2336275 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 576659 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 576659 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 113238 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO AFFILIATES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2499135 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 113238 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OPPORUNITY COMMUNITIES LLC PROVIDES MANAGEMENT SERVICES TO THE AGENCY. OPPCO BILLED THE AGENCY $11,350 FOR THESE SERVICES FOR THE YEAR ENDED DECEMBER 31, 2020. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MANAGEMENT REVIEWS AND PROVIDES A DRAFT OF THE TAX RETURN TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE AUDITOR AND CONSIDERED FOR COMPLIANCE WITH RELEVANT TAX LAWS PRIOR TO BEING APPLIED AND THE TAX RETURN BEING FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD EACH YEAR AND THE BOARD SIGNS OFF. ANY NEW CONTRACTS ARE REVIEWED WITH THE CONFLICT OF INTEREST POLICY IN MIND. IF ANY POTENTIAL CONFLICT ARIES IT IS REPROTED TO THE BOARD FOR DISCUSSION AND REVIEW. IN ORDER TO AVOID THE REVIEW PROCESS, ANY POTENTIAL CONTRACTS THAT MAY PRESENT THIS PROBLEM ARE TYPICALLY NOT SERIOUSLY CONSIDERED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | TO DEVELOP AND PROVIDE LOW AND MODERATE INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 7 |
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| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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| IRS990/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990/TaxablePartyNotificationInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 2751039 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2751039 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 290153 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 290153 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2658000 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2596272 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2658000 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2596272 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 167207 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 154767 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 290153 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 277447 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 266 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 277447 |
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| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2751039 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 4 GERRISH AVENUE |
| IRS990/USAddress/CityNm | 0 | CHELSEA |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/USAddress/ZIPCd | 0 | 02150 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 12 |
| IRS990/VotingMembersIndependentCnt | 0 | 12 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.