Civic Intelligence

New Americans Community Development Corporation

990 • Fiscal year 2019 • EIN 47-4900810

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 17, 2019

Organization ProfileN/A
11 Sycamore StreetWorcester, MA 01608

(508) 410-2555

Siviq Scores

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

Liabilities / Assets

96th percentile

1.43x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

8.16x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

44th percentile

1.6%

Higher net margin than 44% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

758%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$714,847

Up $108,488 (+18%) from 2018

Net Assets

Up

-$305,608

Up $2,951 (+1.0%) from 2018

Liabilities

Up

$1,020,455

Up $105,537 (+12%) from 2018

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin44th percentile

Revenue

Up

$125,000

Up $110,425 (+758%) from 2018

Expenses

Up

$122,969

Up $24,976 (+25%) from 2018

Net Income

Up

$2,031

Up $85,449 (+102%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $379,441Liabilities 2017: $604,5822017Assets 2018: $606,359Liabilities 2018: $914,918Net Assets 2018: -$308,5592018Assets 2019: $714,847Liabilities 2019: $1,020,455Net Assets 2019: -$305,6082019Assets 2020: $773,969Liabilities 2020: $1,047,702Net Assets 2020: -$273,7332020Assets 2021: $1,167,373Liabilities 2021: $1,362,154Net Assets 2021: -$194,7812021Assets 2022: $814,932Liabilities 2022: $908,852Net Assets 2022: -$93,9202022Assets 2023: $310,359Liabilities 2023: $593,199Net Assets 2023: -$282,8402023Assets 2024: $60,367Liabilities 2024: $231,558Net Assets 2024: -$171,1912024Assets 2025: $41,990Liabilities 2025: $0Net Assets 2025: $41,9902025

Highlighted filing

2019

Assets$714,847
Liabilities$1,020,455
Net Assets-$305,608
Open 2019 Filing

Operations Trend

Revenue Growth99th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $5,201Expenses 2017: $90,643Net Income 2017: -$85,4422017Revenue 2018: $14,575Expenses 2018: $97,993Net Income 2018: -$83,4182018Revenue 2019: $125,000Expenses 2019: $122,969Net Income 2019: $2,0312019Revenue 2020: $163,818Expenses 2020: $131,023Net Income 2020: $32,7952020Revenue 2021: $399,353Expenses 2021: $320,401Net Income 2021: $78,9522021Revenue 2022: $129,845Expenses 2022: $119,944Net Income 2022: $9,9012022Revenue 2023: $37,548Expenses 2023: $226,468Net Income 2023: -$188,9202023Revenue 2024: $165,506Expenses 2024: $53,857Net Income 2024: $111,6492024Revenue 2025: $603,262Expenses 2025: $45,627Net Income 2025: $557,6352025

Highlighted filing

2019

Revenue$125,000
Expenses$122,969
Net Income$2,031
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 17, 2019
Return Version
2018v3.2
Gross Receipts
$125,000
Mission and Program Overview

Mission

The new americans community development corporation (nacdc) intends to undertake community re-development, renovation projects and activities that revitalize an "economic desert area" within worcester. Our intentions also include creation and expansion of economic activities for all residents of the area with special emphasis on the disenfranchised, low and moderate income population. We will preserve and develop housing, facilitate home ownership, business opportunities and career training ladders in the "main middle" area and its immediate surrounding neighborhoods.

Form 990 - organization's mission or most significant activities to provide community development programs, projects and activities that develop and improve areas of worcester, massachusetts including creating and expanding economic opportunities for low moderate income residents, such as job training, and developing and preserving affordable housing and home ownership opportunities in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$578,745$550,201▼ $28,544
Cash and Non-Interest-Bearing Accounts$16,959$54,595▲ $37,636
Total Assets$606,359$714,847▲ $108,488
Other Assets Total$10,655$110,051▲ $99,396
Liabilities
Other Liabilities$914,918$1,020,455▲ $105,537
Total Liabilities$914,918$1,020,455▲ $105,537
Net Assets / Fund Balance
Unrestricted Net Assets$-308,559$-305,608▲ $2,951
Total Net Assets Fund Balance$-308,559$-305,608▲ $2,951
Total Liabilities and Net Assets / Fund Balance$606,359$714,847▲ $108,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$515,911$77,156$593,067
Land$34,290-$34,290
Other Assets Org$110,051--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Juan GomezChairman
Robert ThomasPresident
Frank KarthiserDirector
Julia TitusDirector
Robert LeviteDirector
George CoxDirectort
Rev Clyde TalleyClerk
Kristin KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$125,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,843
Salaries, Compensation, and Employee Benefits$126
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,254$30,170-$32,424
Depreciation Depletion$26,517$2,946-$29,463
Interest$26,300--$26,300
Occupancy$14,707--$14,707
Insurance$2,292--$2,292
Travel$1,326--$1,326
Advertising$537--$537
Office Expenses$397--$397
Other Expenses$275$457-$275
All Other Expenses-$174-$174
Other Salaries and Wages$100$10-$110
Payroll Taxes$14$2-$16
Total Functional Expenses$87,247$35,722$0$122,969
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
Inter-company Exchange$475,924
Mortgage Payable - Webster 5$382,722
Mortgage Payable - Enterprise$134,240
Mortgage Payable - Wchr$27,569
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
New Americans Community Development
EIN
47-4900810
Phone
5084102555
Address
11 SYCAMORE STREET, WORCESTER, MA 01608

Signing Officer

Name
Robert Thomas
Title
President
Phone
5084102555
Signed
2019-12-17

Organization Details

Principal Officer
Robert Thomas
Voting Board Members
8
Independent Board Members
8
Employees
1

Preparer

Firm
M Love & Associates LLC
Address
67 MILLBROOK STREET, WORCESTER, MA 01606
Preparer
Mark L Love CPA
Phone
5087975200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Form 990 - organization's mission or most significant activities to provide community development programs, projects and activities that develop and improve areas of worcester, massachusetts including creating and expanding economic opportunities for low moderate income residents, such as job training, and developing and preserving affordable housing and home ownership opportunities in the area.”

Form 990, Part IX, Line 11G

“Consultants/professional fees 2,254 30,170 0”

Raw XML Appendix382 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO PROVIDE COMMUNITY DEVELOPMENT PROGRAMS, PROJECTS AND ACTIVITIES THAT DEVELOP AND IMPROVE AREAS OF WORCESTER, MASSACHUSETTS INCLUDING CREATING AND EXPANDING ECONOMIC OPPORTUNITIES FOR LOW MODERATE INCOME RESIDENTS, SUCH AS JOB TRAINING, AND DEVELOPING AND PRESERVING AFFORDABLE HOUSING AND HOME OWNERSHIP OPPORTUNITIES IN THE AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt0537
IRS990/AdvertisingGrp/TotalAmt0537
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0174
IRS990/AllOtherExpensesGrp/TotalAmt0174
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0ROBERT THOMAS
IRS990/BooksInCareOfDetail/PhoneNum05087981900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 SYCAMORE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WORCESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001608
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt016959
IRS990/CashNonInterestBearingGrp/EOYAmt054595
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0125000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0122843
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02031
IRS990/CYSalariesCompEmpBnftPaidAmt0126
IRS990/CYTotalExpensesAmt0122969
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0125000
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02946
IRS990/DepreciationDepletionGrp/ProgramServicesAmt026517
IRS990/DepreciationDepletionGrp/TotalAmt029463
IRS990/Desc0COMMUNITY DEVELOPMENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt087247
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt030170
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02254
IRS990/FeesForServicesOtherGrp/TotalAmt032424
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm1KRISTIN KING
IRS990/Form990PartVIISectionAGrp/PersonNm2REV CLYDE TALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JUAN GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE COX
IRS990/Form990PartVIISectionAGrp/PersonNm5JULIA TITUS
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT LEVITE
IRS990/Form990PartVIISectionAGrp/PersonNm7FRANK KARTHISER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTORT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0125000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0125000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02292
IRS990/InsuranceGrp/TotalAmt02292
IRS990/InterestGrp/ProgramServicesAmt026300
IRS990/InterestGrp/TotalAmt026300
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt077156
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0578745
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0550201
IRS990/LandBldgEquipCostOrOtherBssAmt0627357
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO PROVIDE COMMUNITY DEVELOPMENT PROGRAMS, PROJECTS AND ACTIVITIES THAT DEVELOP AND IMPROVE AREAS OF WORCESTER, MASSACHUSETTS INCLUDING CREATING AND EXPANDING ECONOMIC OPPORTUNITIES FOR LOW MODERATE INCOME RESIDENTS, SUCH AS JOB TRAINING, AND DEVELOPING AND PRESERVING AFFORDABLE HOUSING AND HOME OWNERSHIP OPPORTUNITIES IN THE AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-308559
IRS990/NetAssetsOrFundBalancesEOYAmt0-305608
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt014707
IRS990/OccupancyGrp/TotalAmt014707
IRS990/OfficeExpensesGrp/ProgramServicesAmt0397
IRS990/OfficeExpensesGrp/TotalAmt0397
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010655
IRS990/OtherAssetsTotalGrp/EOYAmt0110051
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2TRAINING AND DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01085
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1878
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2457
IRS990/OtherExpensesGrp/ProgramServicesAmt07331
IRS990/OtherExpensesGrp/ProgramServicesAmt15197
IRS990/OtherExpensesGrp/ProgramServicesAmt2275
IRS990/OtherExpensesGrp/TotalAmt08416
IRS990/OtherExpensesGrp/TotalAmt16075
IRS990/OtherExpensesGrp/TotalAmt2457
IRS990/OtherExpensesGrp/TotalAmt3275
IRS990/OtherLiabilitiesGrp/BOYAmt0914918
IRS990/OtherLiabilitiesGrp/EOYAmt01020455
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0100
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02
IRS990/PayrollTaxesGrp/ProgramServicesAmt014
IRS990/PayrollTaxesGrp/TotalAmt016
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROBERT THOMAS
IRS990/PriorPeriodAdjustmentsAmt0920
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt014575
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt094497
IRS990/PYRevenuesLessExpensesAmt0-83418
IRS990/PYTotalExpensesAmt097993
IRS990/PYTotalProfFndrsngExpnsAmt03496
IRS990/PYTotalRevenueAmt014575
IRS990/ReconcilationRevenueExpnssAmt02031
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0144776
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0144776
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05201
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0144776
IRS990ScheduleA/TotalSupportAmt0144776
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0515911
IRS990ScheduleD/BuildingsGrp/DepreciationAmt077156
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0593067
IRS990ScheduleD/LandGrp/BookValueAmt034290
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0110051
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CDBG REHABILITATION GRANT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0475924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1382722
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2134240
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt327569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTER-COMPANY EXCHANGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MORTGAGE PAYABLE - WEBSTER 5
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MORTGAGE PAYABLE - ENTERPRISE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MORTGAGE PAYABLE - WCHR
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0550201
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0110051
IRS990ScheduleD/TotalLiabilityAmt01020455
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO PROVIDE COMMUNITY DEVELOPMENT PROGRAMS, PROJECTS AND ACTIVITIES THAT DEVELOP AND IMPROVE AREAS OF WORCESTER, MASSACHUSETTS INCLUDING CREATING AND EXPANDING ECONOMIC OPPORTUNITIES FOR LOW MODERATE INCOME RESIDENTS, SUCH AS JOB TRAINING, AND DEVELOPING AND PRESERVING AFFORDABLE HOUSING AND HOME OWNERSHIP OPPORTUNITIES IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTANTS/PROFESSIONAL FEES 2,254 30,170 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CENTRO LAS AMERICAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042714991
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011 SYCAMORE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WORCESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001608
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0606359
IRS990/TotalAssetsEOYAmt0714847
IRS990/TotalAssetsGrp/BOYAmt0606359
IRS990/TotalAssetsGrp/EOYAmt0714847
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0125000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035722
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087247
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122969
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0914918
IRS990/TotalLiabilitiesEOYAmt01020455
IRS990/TotalLiabilitiesGrp/BOYAmt0914918
IRS990/TotalLiabilitiesGrp/EOYAmt01020455
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-308559
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-305608
IRS990/TotalProgramServiceExpensesAmt087247
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0125000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0606359
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0714847
IRS990/TravelGrp/ProgramServicesAmt01326
IRS990/TravelGrp/TotalAmt01326
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-308559
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-305608
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03804 KNIGHTSBRIDGE CLOSE
IRS990/USAddress/CityNm0WORCESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001609
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05084102555
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW AMERICANS COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0NEWA
ReturnHeader/Filer/EIN0474900810
ReturnHeader/Filer/PhoneNum05084102555
ReturnHeader/Filer/USAddress/AddressLine1Txt011 SYCAMORE STREET
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001608
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId035D3879163D6E86CE39169CEF1932A0DEFAB2344
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D08871BA2E6C4472C2CF4BB8099DFC020C8DAFAD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-03-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:32:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464181625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M LOVE & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt067 MILLBROOK STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001606
ReturnHeader/PreparerPersonGrp/PhoneNum05087975200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK L LOVE CPA
ReturnHeader/ReturnTs02020-03-14T14:32:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$714,847
Liabilities
$1,020,455
Net assets
-$305,608
Revenue
$125,000
Expenses
$122,969
Net income
$2,031
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.60$0.05$0.56
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.23$0.17$0.17$0.05$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.59$0.28$0.04$0.23$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.91$0.09$0.13$0.12$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.17$1.36$0.19$0.40$0.32$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.77$1.05$0.27$0.16$0.13$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.71$1.02$0.31$0.13$0.12$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.91$0.31$0.01$0.10$0.08
2017Summary only. Only limited summary data is available for this year.$0.38$0.60$0.01$0.09$0.09