Civic Intelligence

New Americans Community Development Corporation

990 • Fiscal year 2021 • EIN 47-4900810

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 02, 2022

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

95th percentile

1.17x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

3.41x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

62nd percentile

20%

Higher net margin than 62% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

86th percentile

51%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

144%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$1,167,373

Up $393,404 (+51%) from 2020

Net Assets

Up

-$194,781

Up $78,952 (+29%) from 2020

Liabilities

Up

$1,362,154

Up $314,452 (+30%) from 2020

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin62nd percentile

Revenue

Up

$399,353

Up $235,535 (+144%) from 2020

Expenses

Up

$320,401

Up $189,378 (+145%) from 2020

Net Income

Up

$78,952

Up $46,157 (+141%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth86th 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

2021

Assets$1,167,373
Liabilities$1,362,154
Net Assets-$194,781
Open 2021 Filing

Operations Trend

Revenue Growth91st 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

2021

Revenue$399,353
Expenses$320,401
Net Income$78,952
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 2, 2022
Return Version
2020v4.0
Gross Receipts
$399,353
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$603,873$751,300▲ $147,427
Cash and Non-Interest-Bearing Accounts$65,429$398,791▲ $333,362
Prepaid Expenses and Deferred Charges$234$9,235▲ $9,001
Accounts Receivable$4,433--
Total Assets$773,969$1,167,373▲ $393,404
Other Assets Total$100,000$8,047▼ $91,953
Liabilities
Other Liabilities$1,047,252$1,350,720▲ $303,468
Accounts Payable and Accrued Expenses$450$11,434▲ $10,984
Total Liabilities$1,047,702$1,362,154▲ $314,452
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-273,733$-194,781▲ $78,952
Total Net Assets Fund Balance$-273,733$-194,781▲ $78,952
Total Liabilities and Net Assets / Fund Balance$773,969$1,167,373▲ $393,404

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$717,010$107,327$824,337
Land$34,290-$34,290
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Juan GomezChairman
Robert ThomasPresident
Frances AlvarezDirector
Frank KarthiserDirector
George CoxDirector
Jasmine OrtizDirector
Julia TitusDirector
Michael JerryDirector
Robert LeviteDirector
Tania RomeroDirector
Rev Clyde TalleyClerk
Kristen KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$213,447
Program Service Revenue
$185,906
Investment Income
$0
Other Revenue
$0
All Other Contributions
$43,395
Change in Net Assets
$78,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$315,424
Salaries, Compensation, and Employee Benefits$4,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$15,172$111,659-$126,831
Occupancy$90,458--$90,458
Interest$17,579$16,734-$34,313
Depreciation Depletion$33,182--$33,182
Insurance$7,386--$7,386
Other Salaries and Wages$3,987--$3,987
Other Expenses$3,807$3,692-$3,807
All Other Expenses$1,026--$1,026
Payroll Taxes$509--$509
Other Employee Benefits$481--$481
Travel-$480-$480
Advertising-$150-$150
Office Expenses-$74-$74
Total Functional Expenses$186,652$133,749$0$320,401
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$748,294
Mortgage Payable - Webster 5$360,655
Mortgage Payable - Bluehub$144,997
Mortgage Payable - Webster 5$96,774
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
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
2022-02-02

Organization Details

Principal Officer
Robert Thomas
Voting Board Members
12
Independent Board Members
12
Employees
0

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

“15,172 111,659 0”

Raw XML AppendixShowing 400 of 429 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/AccountsPayableAccrExpnssGrp/BOYAmt0450
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011434
IRS990/AccountsReceivableGrp/BOYAmt04433
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/ManagementAndGeneralAmt0150
IRS990/AdvertisingGrp/TotalAmt0150
IRS990/AllOtherContributionsAmt043395
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01026
IRS990/AllOtherExpensesGrp/TotalAmt01026
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/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt065429
IRS990/CashNonInterestBearingGrp/EOYAmt0398791
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0213447
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0315424
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0185906
IRS990/CYRevenuesLessExpensesAmt078952
IRS990/CYSalariesCompEmpBnftPaidAmt04977
IRS990/CYTotalExpensesAmt0320401
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0399353
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt033182
IRS990/DepreciationDepletionGrp/TotalAmt033182
IRS990/Desc0COMMUNITY DEVELOPMENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0186652
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0111659
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015172
IRS990/FeesForServicesOtherGrp/TotalAmt0126831
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/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANCES ALVAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE COX
IRS990/Form990PartVIISectionAGrp/PersonNm2JUAN GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL JERRY
IRS990/Form990PartVIISectionAGrp/PersonNm4FRANK KARTHISER
IRS990/Form990PartVIISectionAGrp/PersonNm5KRISTEN KING
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT LEVITE
IRS990/Form990PartVIISectionAGrp/PersonNm7JASMINE ORTIZ
IRS990/Form990PartVIISectionAGrp/PersonNm8TANIA ROMERO
IRS990/Form990PartVIISectionAGrp/PersonNm9REV CLYDE TALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm11JULIA TITUS
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/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0170052
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0399353
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07386
IRS990/InsuranceGrp/TotalAmt07386
IRS990/InterestGrp/ManagementAndGeneralAmt016734
IRS990/InterestGrp/ProgramServicesAmt017579
IRS990/InterestGrp/TotalAmt034313
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0107327
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0603873
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0751300
IRS990/LandBldgEquipCostOrOtherBssAmt0858627
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/NetAssetsOrFundBalancesBOYAmt0-273733
IRS990/NetAssetsOrFundBalancesEOYAmt0-194781
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-273733
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-194781
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt090458
IRS990/OccupancyGrp/TotalAmt090458
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt074
IRS990/OfficeExpensesGrp/TotalAmt074
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0100000
IRS990/OtherAssetsTotalGrp/EOYAmt08047
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0481
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0481
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2DUES AND FEES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt060
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1900
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23692
IRS990/OtherExpensesGrp/ProgramServicesAmt06493
IRS990/OtherExpensesGrp/ProgramServicesAmt15262
IRS990/OtherExpensesGrp/ProgramServicesAmt21310
IRS990/OtherExpensesGrp/ProgramServicesAmt33807
IRS990/OtherExpensesGrp/TotalAmt06553
IRS990/OtherExpensesGrp/TotalAmt16162
IRS990/OtherExpensesGrp/TotalAmt25002
IRS990/OtherExpensesGrp/TotalAmt33807
IRS990/OtherLiabilitiesGrp/BOYAmt01047252
IRS990/OtherLiabilitiesGrp/EOYAmt01350720
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03987
IRS990/OtherSalariesAndWagesGrp/TotalAmt03987
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0509
IRS990/PayrollTaxesGrp/TotalAmt0509
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0234
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09235
IRS990/PrincipalOfficerNm0ROBERT THOMAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc07 SYCAMORE
IRS990/ProgramServiceRevenueGrp/Desc116 SYCAMORE
IRS990/ProgramServiceRevenueGrp/Desc218 SYCAMORE
IRS990/ProgramServiceRevenueGrp/Desc31 WOOD
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0115320
IRS990/ProgramServiceRevenueGrp/ExclusionAmt133866
IRS990/ProgramServiceRevenueGrp/ExclusionAmt221120
IRS990/ProgramServiceRevenueGrp/ExclusionAmt315600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0115320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315600
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061998
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0131023
IRS990/PYProgramServiceRevenueAmt0101820
IRS990/PYRevenuesLessExpensesAmt032795
IRS990/PYTotalExpensesAmt0131023
IRS990/PYTotalRevenueAmt0163818
IRS990/ReconcilationRevenueExpnssAmt078952
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0213447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt061998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0125000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt014575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0420221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0185906
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0101820
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0287726
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59360
IRS990ScheduleA/PublicSupportPY170Pct00.67010
IRS990ScheduleA/PublicSupportTotal170Amt0420221
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0213447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt061998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0125000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt014575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05201
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0420221
IRS990ScheduleA/TotalSupportAmt0707947
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0717010
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0107327
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0824337
IRS990ScheduleD/LandGrp/BookValueAmt034290
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034290
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0748294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1360655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2144997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt396774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTER-COMPANY EXCHANGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MORTGAGE PAYABLE - WEBSTER 5
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MORTGAGE PAYABLE - BLUEHUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MORTGAGE PAYABLE - WEBSTER 5
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0751300
IRS990ScheduleD/TotalLiabilityAmt01350720
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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/ExplanationTxt315,172 111,659 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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0773969
IRS990/TotalAssetsEOYAmt01167373
IRS990/TotalAssetsGrp/BOYAmt0773969
IRS990/TotalAssetsGrp/EOYAmt01167373
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0213447
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0133749
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186652
IRS990/TotalFunctionalExpensesGrp/TotalAmt0320401
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01047702
IRS990/TotalLiabilitiesEOYAmt01362154
IRS990/TotalLiabilitiesGrp/BOYAmt01047702
IRS990/TotalLiabilitiesGrp/EOYAmt01362154
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-273733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-194781
IRS990/TotalProgramServiceExpensesAmt0186652
IRS990/TotalProgramServiceRevenueAmt0185906
IRS990/TotalRevenueGrp/ExclusionAmt0185906
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0399353
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0773969
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01167373
IRS990/TravelGrp/ManagementAndGeneralAmt0480
IRS990/TravelGrp/TotalAmt0480
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt011 SYCAMORE STREET
IRS990/USAddress/CityNm0WORCESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001608
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,167,373
Liabilities
$1,362,154
Net assets
-$194,781
Revenue
$399,353
Expenses
$320,401
Net income
$78,952
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