Civic Intelligence

Gardner Commons Development Corporation

990 • Fiscal year 2018 • EIN 55-0913379

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 06, 2018

Organization Profile
P O Box 2219Bangor, ME 04402-2219

(207) 947-6795

Siviq Scores

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

Liabilities / Assets

48th percentile

0.07x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

1.02x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-38%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

34th percentile

-2.5%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

36th percentile

-1.0%

Faster revenue growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$3,301,428

Down $84,639 (-2.5%) from 2017

Net Assets

Down

$3,055,408

Down $92,436 (-2.9%) from 2017

Liabilities

Up

$246,020

Up $7,797 (+3.3%) from 2017

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin8th percentile

Revenue

Down

$240,927

Down $2,324 (-1.0%) from 2017

Expenses

Up

$333,363

Up $18,413 (+5.8%) from 2017

Net Income

Down

-$92,436

Down $20,737 (-29%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,129,437Liabilities 2010: $34,351Net Assets 2010: $4,095,0862010Assets 2011: $4,014,377Liabilities 2011: $35,812Net Assets 2011: $3,978,5652011Assets 2012: $3,902,266Liabilities 2012: $49,106Net Assets 2012: $3,853,1602012Assets 2013: $3,794,344Liabilities 2013: $41,050Net Assets 2013: $3,753,2942013Assets 2014: $3,694,430Liabilities 2014: $249,854Net Assets 2014: $3,444,5762014Assets 2015: $3,596,139Liabilities 2015: $259,082Net Assets 2015: $3,337,0572015Assets 2016: $3,476,497Liabilities 2016: $256,954Net Assets 2016: $3,219,5432016Assets 2017: $3,386,067Liabilities 2017: $238,223Net Assets 2017: $3,147,8442017Assets 2018: $3,301,428Liabilities 2018: $246,020Net Assets 2018: $3,055,4082018Assets 2019: $3,211,748Liabilities 2019: $244,734Net Assets 2019: $2,967,0142019Assets 2020: $3,121,830Liabilities 2020: $241,076Net Assets 2020: $2,880,7542020Assets 2021: $3,005,831Liabilities 2021: $225,896Net Assets 2021: $2,779,9352021Assets 2022: $2,927,063Liabilities 2022: $246,739Net Assets 2022: $2,680,3242022Assets 2023: $2,823,861Liabilities 2023: $233,039Net Assets 2023: $2,590,8222023Assets 2024: $2,766,724Liabilities 2024: $254,672Net Assets 2024: $2,512,0522024Assets 2025: $2,691,383Liabilities 2025: $267,534Net Assets 2025: $2,423,8492025

Highlighted filing

2018

Assets$3,301,428
Liabilities$246,020
Net Assets$3,055,408
Open 2018 Filing

Operations Trend

Revenue Growth36th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $299,4102010Revenue 2011: $192,467Expenses 2011: $308,988Net Income 2011: -$116,5212011Expenses 2012: $314,7652012Expenses 2013: $311,2262013Revenue 2014: $212,329Expenses 2014: $321,047Net Income 2014: -$108,7182014Revenue 2015: $226,479Expenses 2015: $333,998Net Income 2015: -$107,5192015Revenue 2016: $210,873Expenses 2016: $328,387Net Income 2016: -$117,5142016Revenue 2017: $243,251Expenses 2017: $314,950Net Income 2017: -$71,6992017Revenue 2018: $240,927Expenses 2018: $333,363Net Income 2018: -$92,4362018Revenue 2019: $239,538Expenses 2019: $327,932Net Income 2019: -$88,3942019Revenue 2020: $251,545Expenses 2020: $337,805Net Income 2020: -$86,2602020Revenue 2021: $250,418Expenses 2021: $351,237Net Income 2021: -$100,8192021Revenue 2022: $254,145Expenses 2022: $353,756Net Income 2022: -$99,6112022Revenue 2023: $292,052Expenses 2023: $381,554Net Income 2023: -$89,5022023Revenue 2024: $305,849Expenses 2024: $384,619Net Income 2024: -$78,7702024Revenue 2025: $325,347Expenses 2025: $413,550Net Income 2025: -$88,2032025

Highlighted filing

2018

Revenue$240,927
Expenses$333,363
Net Income-$92,436
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 6, 2018
Return Version
2017v2.3
Gross Receipts
$240,927
Mission and Program Overview

Mission

To operate a 26 unit elderly low income housing development in bucksport, maine, which provides decent, safe and sanitary housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,276,651$3,160,155▼ $116,496
Savings and Temporary Cash Investments$86,390$101,861▲ $15,471
Cash and Non-Interest-Bearing Accounts$12,999$26,468▲ $13,469
Prepaid Expenses and Deferred Charges$10,027$10,538▲ $511
Accounts Receivable-$2,406-
Total Assets$3,386,067$3,301,428▼ $84,639
Liabilities
Mortgage Notes Payable Secured by Investment Property$200,000$200,000→ $0
Accounts Payable and Accrued Expenses$29,796$36,259▲ $6,463
Other Liabilities$8,427$8,643▲ $216
Deferred Revenue-$1,118-
Total Liabilities$238,223$246,020▲ $7,797
Net Assets / Fund Balance
Unrestricted Net Assets$3,147,844$3,055,408▼ $92,436
Total Net Assets Fund Balance$3,147,844$3,055,408▼ $92,436
Total Liabilities and Net Assets / Fund Balance$3,386,067$3,301,428▼ $84,639

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,106,633$1,013,635$4,120,268
Other Land Buildings$12,630$135,657$148,287
Leasehold Improvements$40,892$13,556$54,448
Equipment-$24,057$24,057
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Susan DavisBoard Chair
Johanna DorrVice Chair
Bonnie KlineDirector
Joan DuplessisDirector
John Paul LalondeDirector
Michelle RhodesDirector
Roberta KuriloffDirector
Susan LessardDirector
Terrie PerrineDirector
Linda SmithSecretary
Michelle WingateTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$240,866
Investment Income
$61
Other Revenue
$0
Change in Net Assets
$-92,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,927
Total Revenue per Audited Statements
$240,927
Total Revenue per Form 990
$240,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,363
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$116,496--$116,496
Occupancy$67,144--$67,144
Fees for Services Management$16,848--$16,848
Fees for Services Other$16,174--$16,174
Insurance$11,206--$11,206
Other Expenses$8,000--$8,000
Fees for Services Accounting$5,385--$5,385
Advertising$184--$184
All Other Expenses$108--$108
Total Functional Expenses$333,363$0$0$333,363

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$333,363
Total Expenses per Audited Statements$333,363
Total Expenses per Form 990$333,363
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
Tenant Security Deposit$7,961
Prepaid Rent$682
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management duties are delegated to maine development associates of bangor, me.”

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

“The return is reviewed and approved by the management agent and board chair before it is electronically filed.”

Form 990, Page 6, Part VI, Line 19

“Records are available upon request of the management agent.”

Filing and Contact Details

Filer

Filer Name
Gardner Commons Development
EIN
55-0913379
Phone
2079476795
Address
P O BOX 2219, BANGOR, ME 04402-2219

Signing Officer

Name
Susan Davis
Title
Board Chair
Phone
2079476795
Signed
2018-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Davis
Formed
2006
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Bbsc Cpas
Address
38 PARKWAY SOUTH, BREWER, ME 04412-1628
Preparer
Michael P Jones CPA
Phone
2079418890
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Income taxes and accounting for uncertain tax positions the organization is a not-for-profit corporation recognized by the internal revenue service under section 501(c)(3) of the code. Accordingly, no tax liability or expense has been recorded. The organization's income tax filings are subject to audit by various taxing authorities. The organization's open audit periods are for the fiscal years ended june 30, 2015 through june 30, 2018. Any interest or penalties assessed to the organization are recorded in operating expenses. For the years ended june 30, 2018 and 2017 there were no interest or penalties recorded in the accompanying financial statements. In evaluating the organization's tax provisions and accruals, future taxable income, and the reversal of temporary differences, interpretations, and tax planning strategies are considered. Management believes their estimates are appropriate based on current facts and circumstances.”

Raw XML AppendixShowing 400 of 401 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt029796
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036259
IRS990/AccountsReceivableGrp/EOYAmt02406
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE A 26 UNIT ELDERLY LOW INCOME HOUSING DEVELOPMENT IN BUCKSPORT, MAINE, WHICH PROVIDES DECENT, SAFE AND SANITARY HOUSING.
IRS990/AdvertisingGrp/ProgramServicesAmt0184
IRS990/AdvertisingGrp/TotalAmt0184
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0108
IRS990/AllOtherExpensesGrp/TotalAmt0108
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MAINE DEVELOPMENT ASSOCIATES
IRS990/BooksInCareOfDetail/PhoneNum02079476795
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2219
IRS990/BooksInCareOfDetail/USAddress/CityNm0BANGOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004401
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt012999
IRS990/CashNonInterestBearingGrp/EOYAmt026468
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt061
IRS990/CYOtherExpensesAmt0333363
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0240866
IRS990/CYRevenuesLessExpensesAmt0-92436
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0333363
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0240927
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt01118
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0116496
IRS990/DepreciationDepletionGrp/TotalAmt0116496
IRS990/Desc0THE ORGANIZATION OPERATES A 26 UNIT ELDERLY LOW INCOME HOUSING DEVELOPMENT IN BUCKSPORT, MAINE. THE PURPOSE OF THE DEVELOPMENT IS TO PROVIDE DECENT, SAFE AND SANITARY HOUSING TO ELDERLY LOW INCOME RESIDENTS THAT MEET ELIGIBILITY GUIDELINES ESTABLISHED BY HUD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0333363
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05385
IRS990/FeesForServicesAccountingGrp/TotalAmt05385
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt016848
IRS990/FeesForServicesManagementGrp/TotalAmt016848
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt016174
IRS990/FeesForServicesOtherGrp/TotalAmt016174
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/PersonNm0TERRIE PERRINE
IRS990/Form990PartVIISectionAGrp/PersonNm1BONNIE KLINE
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN PAUL LALONDE
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERTA KURILOFF
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHANNA DORR
IRS990/Form990PartVIISectionAGrp/PersonNm7JOAN DUPLESSIS
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHELLE RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHELLE WINGATE
IRS990/Form990PartVIISectionAGrp/PersonNm10SUSAN LESSARD
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/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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0240927
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt011206
IRS990/InsuranceGrp/TotalAmt011206
IRS990/InvestmentIncomeGrp/ExclusionAmt061
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt061
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01186905
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03276651
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03160155
IRS990/LandBldgEquipCostOrOtherBssAmt04347060
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A 26 UNIT ELDERLY LOW INCOME HOUSING DEVELOPMENT IN BUCKSPORT, MAINE, WHICH PROVIDES DECENT, SAFE AND SANITARY HOUSING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0200000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0200000
IRS990/NetAssetsOrFundBalancesBOYAmt03147844
IRS990/NetAssetsOrFundBalancesEOYAmt03055408
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt067144
IRS990/OccupancyGrp/TotalAmt067144
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2SNOW REMOVAL
IRS990/OtherExpensesGrp/Desc3MANAGEMENT CONSULTANTS
IRS990/OtherExpensesGrp/ProgramServicesAmt067207
IRS990/OtherExpensesGrp/ProgramServicesAmt114161
IRS990/OtherExpensesGrp/ProgramServicesAmt210450
IRS990/OtherExpensesGrp/ProgramServicesAmt38000
IRS990/OtherExpensesGrp/TotalAmt067207
IRS990/OtherExpensesGrp/TotalAmt114161
IRS990/OtherExpensesGrp/TotalAmt210450
IRS990/OtherExpensesGrp/TotalAmt38000
IRS990/OtherLiabilitiesGrp/BOYAmt08427
IRS990/OtherLiabilitiesGrp/EOYAmt08643
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010027
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010538
IRS990/PrincipalOfficerNm0SUSAN DAVIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY VENDING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02429
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0238437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0238437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12429
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt049
IRS990/PYOtherExpensesAmt0314950
IRS990/PYProgramServiceRevenueAmt0242952
IRS990/PYRevenuesLessExpensesAmt0-71699
IRS990/PYTotalExpensesAmt0314950
IRS990/PYTotalRevenueAmt0243251
IRS990/ReconcilationRevenueExpnssAmt0-92436
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0240866
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086390
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0101861
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - LAUNDRY 9,053
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0237525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0240581
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0208607
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0224402
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0210068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01121183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0282
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0238437
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02429
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02621
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02221
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02029
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02182
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011482
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98960
IRS990ScheduleA/PublicSupportPY170Pct00.98960
IRS990ScheduleA/PublicSupportTotal170Amt01121183
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0237525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0240581
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0208607
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0224402
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0210068
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01121183
IRS990ScheduleA/TotalSupportAmt01132947
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03106633
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01013635
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04120268
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024057
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024057
IRS990ScheduleD/ExpensesSubtotalAmt0333363
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt040892
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013556
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt054448
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012630
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0135657
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0148287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/RevenueSubtotalAmt0240927
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES AND ACCOUNTING FOR UNCERTAIN TAX POSITIONS THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION RECOGNIZED BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE CODE. ACCORDINGLY, NO TAX LIABILITY OR EXPENSE HAS BEEN RECORDED. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION'S OPEN AUDIT PERIODS ARE FOR THE FISCAL YEARS ENDED JUNE 30, 2015 THROUGH JUNE 30, 2018. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. FOR THE YEARS ENDED JUNE 30, 2018 AND 2017 THERE WERE NO INTEREST OR PENALTIES RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN EVALUATING THE ORGANIZATION'S TAX PROVISIONS AND ACCRUALS, FUTURE TAXABLE INCOME, AND THE REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS, AND TAX PLANNING STRATEGIES ARE CONSIDERED. MANAGEMENT BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03160155
IRS990ScheduleD/TotalExpensesPerForm990Amt0333363
IRS990ScheduleD/TotalLiabilityAmt08643
IRS990ScheduleD/TotalRevenuePerForm990Amt0240927
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0240927
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0333363
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE DELEGATED TO MAINE DEVELOPMENT ASSOCIATES OF BANGOR, ME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWED AND APPROVED BY THE MANAGEMENT AGENT AND BOARD CHAIR BEFORE IT IS ELECTRONICALLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RECORDS ARE AVAILABLE UPON REQUEST OF THE MANAGEMENT AGENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03386067
IRS990/TotalAssetsEOYAmt03301428
IRS990/TotalAssetsGrp/BOYAmt03386067
IRS990/TotalAssetsGrp/EOYAmt03301428
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0333363
IRS990/TotalFunctionalExpensesGrp/TotalAmt0333363
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0238223
IRS990/TotalLiabilitiesEOYAmt0246020
IRS990/TotalLiabilitiesGrp/BOYAmt0238223
IRS990/TotalLiabilitiesGrp/EOYAmt0246020
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03147844
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03055408
IRS990/TotalProgramServiceExpensesAmt0333363
IRS990/TotalProgramServiceRevenueAmt0240866
IRS990/TotalRevenueGrp/ExclusionAmt02490
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0238437
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0240927
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03386067
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03301428
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03147844
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03055408
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0406 BUCKSMILLS ROAD
IRS990/USAddress/CityNm0BUCKSPORT
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004416
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02079476795
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARDNER COMMONS DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0GARD
ReturnHeader/Filer/EIN0550913379
ReturnHeader/Filer/PhoneNum02079476795
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 2219
ReturnHeader/Filer/USAddress/CityNm0BANGOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd0044022219
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D222FC9E62A7D2120ECA42C97CCA8EC5662CEDB2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0250421F0F7944D2F1B5D744DAA01AB73C0BFE177
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-12-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:18:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043389217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BBSC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt038 PARKWAY SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREWER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0044121628
ReturnHeader/PreparerPersonGrp/PhoneNum02079418890
ReturnHeader/PreparerPersonGrp/PreparationDt02018-12-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P JONES CPA
ReturnHeader/ReturnTs02018-12-06T10:18:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,301,428
Liabilities
$246,020
Net assets
$3,055,408
Revenue
$240,927
Expenses
$333,363
Net income
-$92,436
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.27$2.42$0.33$0.41$0.09
2024Detailed filing. Detailed filing data is available for this year.$2.77$0.25$2.51$0.31$0.38$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.82$0.23$2.59$0.29$0.38$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.93$0.25$2.68$0.25$0.35$0.10
2021Detailed filing. Detailed filing data is available for this year.$3.01$0.23$2.78$0.25$0.35$0.10
2020Detailed filing. Detailed filing data is available for this year.$3.12$0.24$2.88$0.25$0.34$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.21$0.24$2.97$0.24$0.33$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.30$0.25$3.06$0.24$0.33$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.39$0.24$3.15$0.24$0.31$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.48$0.26$3.22$0.21$0.33$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.60$0.26$3.34$0.23$0.33$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.69$0.25$3.44$0.21$0.32$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.79$0.04$3.75$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$0.05$3.85$0.31
2011Summary only. Only limited summary data is available for this year.$4.01$0.04$3.98$0.19$0.31$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.03$4.10$0.30