Civic Intelligence

Boston Tremont Housing Development Fund Corporation

990 • Fiscal year 2016 • EIN 47-4953714

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization ProfileN/A
902 Broadway 13th FloorNew York, NY 10010-6033

(212) 243-9090

Siviq Scores

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

Liabilities / Assets

98th percentile

1.93x

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

2016 filings • NTEE L • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

3.93x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • NTEE L • $10M-$25M nonprofits • Source year 2016

Net Margin

36th percentile

-3.2%

Higher net margin than 36% of similar nonprofits.

2016 filings • NTEE L • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

98th percentile

$887,863

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

2016 filings • NTEE L • $10M-$25M nonprofits • Source year 2016

Asset Growth

100th percentile

17801%

Faster asset growth than 100% of similar nonprofits.

2016 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

5468%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$11,754,712

Up $11,689,048 (+17801%) from 2015

Net Assets

-$10,912,428

No earlier filing loaded for comparison.

Liabilities

Up

$22,667,140

Up $22,597,516 (+32457%) from 2015

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin36th percentile

Revenue

Up

$5,766,072

Up $5,662,508 (+5468%) from 2015

Expenses

Up

$5,953,090

Up $5,845,566 (+5437%) from 2015

Net Income

Down

-$187,018

Down $183,058 (-4623%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30M$20M$10M$0-$10M-$20MAssets 2015: $65,664Liabilities 2015: $69,6242015Assets 2016: $11,754,712Liabilities 2016: $22,667,140Net Assets 2016: -$10,912,4282016Assets 2017: $12,820,097Liabilities 2017: $21,283,484Net Assets 2017: -$8,463,3872017Assets 2018: $14,322,093Liabilities 2018: $21,251,692Net Assets 2018: -$6,929,5992018Assets 2019: $19,311,527Liabilities 2019: $22,138,756Net Assets 2019: -$2,827,2292019Assets 2020: $18,909,780Liabilities 2020: $20,470,017Net Assets 2020: -$1,560,2372020Assets 2021: $28,761,784Liabilities 2021: $18,510,442Net Assets 2021: $10,251,3422021Assets 2022: $19,612,383Liabilities 2022: $8,214,216Net Assets 2022: $11,398,1672022Assets 2023: $21,039,530Liabilities 2023: $6,992,498Net Assets 2023: $14,047,0322023Assets 2024: $20,985,367Liabilities 2024: $4,288,135Net Assets 2024: $16,697,2322024

Highlighted filing

2016

Assets$11,754,712
Liabilities$22,667,140
Net Assets-$10,912,428
Open 2016 Filing

Operations Trend

Revenue Growth99th percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $103,564Expenses 2015: $107,524Net Income 2015: -$3,9602015Revenue 2016: $5,766,072Expenses 2016: $5,953,090Net Income 2016: -$187,0182016Revenue 2017: $13,573,142Expenses 2017: $11,109,245Net Income 2017: $2,463,8972017Revenue 2018: $12,447,127Expenses 2018: $10,879,846Net Income 2018: $1,567,2812018Revenue 2019: $14,902,281Expenses 2019: $10,802,703Net Income 2019: $4,099,5782019Revenue 2020: $14,388,192Expenses 2020: $13,083,548Net Income 2020: $1,304,6442020Revenue 2021: $24,917,100Expenses 2021: $13,088,553Net Income 2021: $11,828,5472021Revenue 2022: $15,029,377Expenses 2022: $13,881,733Net Income 2022: $1,147,6442022Revenue 2023: $15,313,989Expenses 2023: $12,764,039Net Income 2023: $2,549,9502023Revenue 2024: $14,429,781Expenses 2024: $11,780,873Net Income 2024: $2,648,9082024

Highlighted filing

2016

Revenue$5,766,072
Expenses$5,953,090
Net Income-$187,018
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.1
Gross Receipts
$5,766,072
Mission and Program Overview

Mission

To provide affordable housing to low and moderate income families in new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$8,119,461▲ $8,119,461
Prepaid Expenses and Deferred Charges$-8,642$712,028▲ $720,670
Cash and Non-Interest-Bearing Accounts$0$440,431▲ $440,431
Accounts Receivable$74,306$390,505▲ $316,199
Savings and Temporary Cash Investments$0$2,583▲ $2,583
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$65,664$11,754,712▲ $11,689,048
Other Assets Total$0$2,089,704▲ $2,089,704
Liabilities
Other Liabilities$3,040$14,160,779▲ $14,157,739
Mortgage Notes Payable Secured by Investment Property$0$5,106,071▲ $5,106,071
Accounts Payable and Accrued Expenses$66,584$3,400,290▲ $3,333,706
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$69,624$22,667,140▲ $22,597,516
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-3,960$-10,912,428▼ $10,908,468
Total Net Assets Fund Balance$-3,960$-10,912,428▼ $10,908,468
Total Liabilities and Net Assets / Fund Balance$65,664$11,754,712▲ $11,689,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,368,439$49,579,064$56,947,503
Equipment$158,129$452,157$610,286
Land$592,893-$592,893
Other Assets Org$518,120--
Compensation and Service Providers
Top Officer Pay98th percentile

Board Members and Trustees

NameTitle
Adam WeinsteinPresident/CEO
Matthew KellyVice President
Michael WadmanVice President
James Robert Pigott JrVice President and Secretary
Brian BrickerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,756,330
Investment Income
$292
Other Revenue
$9,450
Change in Net Assets
$-187,018

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,766,072
Total Revenue per Audited Statements
$5,766,072
Total Revenue per Form 990
$5,766,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,950,177
Salaries, Compensation, and Employee Benefits$2,002,913
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,552,508$1,435-$2,553,943
Other Salaries and Wages$872,343$517,394-$1,389,737
Depreciation Depletion$502,251--$502,251
Other Employee Benefits$214,069$126,966-$341,035
Fees for Services Management-$302,856-$302,856
Insurance$189,984--$189,984
Pension Plan Contributions$105,769$62,732-$168,501
Interest$112,600--$112,600
Payroll Taxes$65,055$38,585-$103,640
Fees for Services Legal-$80,632-$80,632
Fees for Services Accounting-$43,515-$43,515
Office Expenses-$42,580-$42,580
All Other Expenses$9,033$18,910-$27,943
Fees for Services Other-$18,249-$18,249
Information Technology-$17,082-$17,082
Other Expenses$16,322$8,830-$8,830
Conferences and Meetings-$6,456-$6,456
Advertising-$4,500-$4,500
Travel-$2,654-$2,654
Total Functional Expenses$4,639,934$1,313,156$0$5,953,090

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,953,090
Total Expenses per Audited Statements$5,953,090
Total Expenses per Form 990$5,953,090
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Phipps Houses$7,667,512
Debentures Payable to Phipps Houses$2,961,390
Reimbursement Payable$2,275,953
Advances Payable$1,050,000
Security Deposits$309,510
Prepaid Revenue$91,385
Interest Payable$14,893
Debt Issuance Costs$-209,864
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 7A:

“As the sole member of the organization, phipps houses has the right to elect the members of the organization's board of directors.”

FORM 990, PART VI, SECTION A, LINE 7B:

“Under new york state law, certain governance decisions require membership approval.”

FORM 990, PART VI, SECTION B, LINE 11B:

“Members of the organization's governing body review the form 990 for accuracy of content and discuss as necessary.”

FORM 990, PART VI, SECTION B, LINE 12C:

“Officers and directors must complete and certify annually a list of conflicts of interest.”

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

“The organization does not compensate any officer or key employee.”

FORM 990, PART VI, SECTION C, LINE 19:

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

FORM 990, PART VII, SECTION A:

“The compensation of the president, vice presidents, secretary and treasurer reflects their contributions to not only boston tremont housing development fund corporation but to all of its affiliated entities. On a consolidated basis, in 2015, the phipps houses group had revenue of $175 million and assets of $1.098 billion.”

Filing and Contact Details

Filer

Filer Name
Boston Tremont Housing Development Fund
EIN
47-4953714
In Care Of
% BRIAN BRICKER
Phone
2122439090
Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY 10010-6033

Signing Officer

Name
Brian Bricker
Title
Treasurer
Phone
2122439090
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Weinstein
Formed
2015
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 2:

“731 affordable housing units for low and moderate income families were transferred to the reporting organization on July 1, 2016 when operations commenced. FORM 990, PART VI, SECTION A, LINE 6: THE SOLE MEMBER OF THE ORGANIZATION IS PHIPPS HOUSES, A RELATED 501(C)(4) ORGANIZATION.”

FORM 990, PART XI, LINE 9:

“ON JULY 1, 2016 ALL ASSETS AND LIABILITES OF BOSTON TREMONT LLC, A RELATED ORGANIZATION, WERE TRANSFERRED TO BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION. The land and building were transferred at a cost of approximately $8.1 million to the reporting organization. It is estimated that the fair value of the land and building at the time of transfer to the reporting organization was approximately $54.825 million.”

Financial Statement Notes

PART X, LINE 2:

“Boston Tremont Housing Development Fund Corporation has not taken an unsubstantiated tax position that would require provision of a liability under ASC No. 740, "Income Taxes,Accounting Standards Update 2009-06, "Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities." As of December 31, 2016, the years still subject to audit are 2015 and 2016.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05106071
IRS990/NetAssetsOrFundBalancesBOYAmt0-3960
IRS990/NetAssetsOrFundBalancesEOYAmt0-10912428
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01435
IRS990/OccupancyGrp/ProgramServicesAmt02552508
IRS990/OccupancyGrp/TotalAmt02553943
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt042580
IRS990/OfficeExpensesGrp/TotalAmt042580
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02089704
IRS990/OtherChangesInNetAssetsAmt0-10725410
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0126966
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0214069
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0341035
IRS990/OtherExpensesGrp/Desc0INSPECTION FEES
IRS990/OtherExpensesGrp/Desc1PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc2SUPERS RENT FREE
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010768
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19012
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28830
IRS990/OtherExpensesGrp/ProgramServicesAmt016322
IRS990/OtherExpensesGrp/TotalAmt016322
IRS990/OtherExpensesGrp/TotalAmt110768
IRS990/OtherExpensesGrp/TotalAmt29012
IRS990/OtherExpensesGrp/TotalAmt38830
IRS990/OtherLiabilitiesGrp/BOYAmt03040
IRS990/OtherLiabilitiesGrp/EOYAmt014160779
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09450
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09450
IRS990/OtherRevenueTotalAmt09450
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0517394
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0872343
IRS990/OtherSalariesAndWagesGrp/TotalAmt01389737
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt038585
IRS990/PayrollTaxesGrp/ProgramServicesAmt065055
IRS990/PayrollTaxesGrp/TotalAmt0103640
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt062732
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0105769
IRS990/PensionPlanContributionsGrp/TotalAmt0168501
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0-8642
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0712028
IRS990/PrincipalOfficerNm0ADAM WEINSTEIN
IRS990/PriorPeriodAdjustmentsAmt03960
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05703134
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt153196
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05703134
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt153196
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt078637
IRS990/PYOtherRevenueAmt0576
IRS990/PYProgramServiceRevenueAmt0102988
IRS990/PYRevenuesLessExpensesAmt0-3960
IRS990/PYSalariesCompEmpBnftPaidAmt026027
IRS990/PYTotalExpensesAmt0107524
IRS990/PYTotalProfFndrsngExpnsAmt02860
IRS990/PYTotalRevenueAmt0103564
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-187018
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05756330
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02583
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07368439
IRS990ScheduleD/BuildingsGrp/DepreciationAmt049579064
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt056947503
IRS990ScheduleD/EquipmentGrp/BookValueAmt0158129
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0452157
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0610286
IRS990ScheduleD/ExpensesSubtotalAmt05953090
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0592893
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0592893
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01008435
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1563149
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2518120
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED COMMERCIAL INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07667512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12961390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22275953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31050000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4309510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt591385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt614893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7-209864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO PHIPPS HOUSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEBENTURES PAYABLE TO PHIPPS HOUSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REIMBURSEMENT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ADVANCES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7DEBT ISSUANCE COSTS
IRS990ScheduleD/RevenueSubtotalAmt05766072
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Boston Tremont Housing Development Fund Corporation has not taken an unsubstantiated tax position that would require provision of a liability under ASC No. 740, "Income Taxes,Accounting Standards Update 2009-06, "Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities." As of December 31, 2016, the years still subject to audit are 2015 and 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08119461
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02089704
IRS990ScheduleD/TotalExpensesPerForm990Amt05953090
IRS990ScheduleD/TotalLiabilityAmt014160779
IRS990ScheduleD/TotalRevenuePerForm990Amt05766072
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05766072
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05953090
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0215000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt143000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt241000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt341000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt437000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0540980
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1226561
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2191669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3226037
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4159101
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,754,712
Liabilities
$22,667,140
Net assets
-$10,912,428
Revenue
$5,766,072
Expenses
$5,953,090
Net income
-$187,018
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.0$4.29$16.7$14.4$11.8$2.65
2023Detailed filing. Detailed filing data is available for this year.$21.0$6.99$14.0$15.3$12.8$2.55
2022Detailed filing. Detailed filing data is available for this year.$19.6$8.21$11.4$15.0$13.9$1.15
2021Detailed filing. Detailed filing data is available for this year.$28.8$18.5$10.3$24.9$13.1$11.8
2020Detailed filing. Detailed filing data is available for this year.$18.9$20.5$1.56$14.4$13.1$1.30
2019Detailed filing. Detailed filing data is available for this year.$19.3$22.1$2.83$14.9$10.8$4.10
2018Detailed filing. Detailed filing data is available for this year.$14.3$21.3$6.93$12.4$10.9$1.57
2017Detailed filing. Detailed filing data is available for this year.$12.8$21.3$8.46$13.6$11.1$2.46
2016Detailed filing. Detailed filing data is available for this year.$11.8$22.7$10.9$5.77$5.95$0.19
2015Summary only. Only limited summary data is available for this year.$0.07$0.07$0.10$0.11$0.00