Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
EIN 83-1779956 • 501(c)3 • Fitchburg, MA
Profile
Liabilities to assets is a pilot program that the executive office of housing and livable communities created to help communities stabilize neighborhoods by redeveloping deteriorated properties that are considered a blight. The program will support the purchase and rehabilitation of primarily one and two family properties that have been vacant for at least 3 years at the time of development and have a negative impact on their surrounding neighborhood.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
60th percentile
Higher top officer pay than 60% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Assets
Up$2,117,672
Up $313,405 (+17%) from 2022
Liabilities
Up$1,946,025
Up $141,758 (+7.9%) from 2022
Net Assets
Up$171,647
Up $171,647 from 2022
Revenue
Up$267,319
Up $110,322 (+70%) from 2022
Expenses
Down$95,672
Down $61,325 (-39%) from 2022
Net Income
Up$171,647
Up $171,647 from 2022
Most recent year
2023 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Liabilities to assets is a pilot program that the department of housing and community development (dhcd) created to help communities stabilize neighborhoods by redeveloping deteriorated properties that are considered a blight. The program will support the purchase and rehabilitation of primarily one and two family properties that have been vacant for at least 3 years at the time of development and have a negative impact on their surrounding neighborhood.
Liabilities to assets is a pilot program that the executive office of housing and livable communities created to help communities stabilize neighborhoods by redeveloping deteriorated properties that are considered a blight. The program will support the purchase and rehabilitation of primarily one and two family properties that have been vacant for at least 3 years at the time of development and have a negative impact on their surrounding neighborhood.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $478,682 | $998,447 | ▲ $519,765 |
| Savings and Temporary Cash Investments | $250,973 | $251,501 | ▲ $528 |
| Pledges and Grants Receivable | $54,548 | $248,824 | ▲ $194,276 |
| Prepaid Expenses and Deferred Charges | $2,500 | - | - |
| Total Assets | $1,804,267 | $2,117,672 | ▲ $313,405 |
| Other Assets Total | $1,017,564 | $618,900 | ▼ $398,664 |
| Liabilities | |||
| Other Liabilities | $1,456,389 | $1,712,113 | ▲ $255,724 |
| Accounts Payable and Accrued Expenses | $347,878 | $129,362 | ▼ $218,516 |
| Mortgage Notes Payable Secured by Investment Property | - | $104,550 | - |
| Total Liabilities | $1,804,267 | $1,946,025 | ▲ $141,758 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | - | $171,647 | - |
| Total Net Assets Fund Balance | $0 | $171,647 | ▲ $171,647 |
| Total Liabilities and Net Assets / Fund Balance | $1,804,267 | $2,117,672 | ▲ $313,405 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $618,900 | - | - |
| Name | Title |
|---|---|
| Tom Gray | Board President |
| Marc Dohan | Board Clerk |
| Elizabeth Wood | Board Director |
| Jeffrey Parker | Board Director |
| Liz Murphy | Board Director |
| Philip Duffy | Board Director |
| Trevor Beauregard | Board Director |
| Christina Dirusso | Board Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Landmark Structures Corp | General Contractor | 282 MONTVALE AVE, Woburn, MA 01801 | $496,204 |
| Quality Contracting INC | General Contractor | 211 SOUTHBRIDGE ST, Auburn, MA 01501 | $402,848 |
| Elite Construction & Design | General Contractor | 61 SAWYER PASSWAY, Fitchburg, MA 01420 | $385,380 |
| Line Item | Amount |
|---|---|
| Other Expenses | $95,672 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $44,492 | $49,545 | - | $94,037 |
| Interest | $1,635 | - | - | $1,635 |
| Total Functional Expenses | $46,127 | $49,545 | $0 | $95,672 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $95,672 |
| Total Expenses per Audited Statements | $95,672 |
| Total Expenses per Form 990 | $95,672 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Conditional Advance | $1,694,593 |
| Due to Related Parties | $17,520 |
“The organization has a management agreement with newvue communities inc where newvue communities, inc has the management oversight responsibilities under the direct supervision of the organization's board of directors”
“The organization has several members including newvue communities, inc and each municipality that has executed a 121a application with the organization”
“One director shall be appointed by the appointing authority (e.g., the mayor or town manager) of each municipality that has executed a 121a application with newvue lta, provided each such municipal director shall be approved by a majority of directors then serving. Newvue communities, inc. Shall appoint that number of directors equal to the number of municipal directors then serving from time to time.”
“After completion of the form 990, the form is submitted to the board of directors for review prior to submission of the form 990.”
“Newvue lta regularly and consistently monitors and enforces compliance with the coi policy by having the board members sign this policy annually.”
“Nvc lta's 990 is available at www.guidestar.org and upon request. Nvc's form 1023 is available upon request.”
“Newvue lta regularly and consistently monitors and enforces compliance with the coi policy by having the board members sign this policy annually.”
“Approved by the board of directors.”
“The agency accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. The agency has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2023. The agency's information returns are subject to examination by the federal and state jurisdictions.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 347878 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 129362 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | LIABILITIES TO ASSETS IS A PILOT PROGRAM THAT THE EXECUTIVE OFFICE OF HOUSING AND LIVABLE COMMUNITIES CREATED TO HELP COMMUNITIES STABILIZE NEIGHBORHOODS BY REDEVELOPING DETERIORATED PROPERTIES THAT ARE CONSIDERED A BLIGHT. THE PROGRAM WILL SUPPORT THE PURCHASE AND REHABILITATION OF PRIMARILY ONE AND TWO FAMILY PROPERTIES THAT HAVE BEEN VACANT FOR AT LEAST 3 YEARS AT THE TIME OF DEVELOPMENT AND HAVE A NEGATIVE IMPACT ON THEIR SURROUNDING NEIGHBORHOOD. |
| IRS990/AllOtherContributionsAmt | 0 | 171579 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MARC DOHAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9783429561 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 470 MAIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FITCHBURG |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01420 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 478682 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 998447 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 496204 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 402848 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 385380 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 282 MONTVALE AVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 211 SOUTHBRIDGE ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 61 SAWYER PASSWAY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | WOBURN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | AUBURN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | FITCHBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 01801 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 01501 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 01420 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | LANDMARK STRUCTURES CORP |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | QUALITY CONTRACTING INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | ELITE CONSTRUCTION & DESIGN |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | GENERAL CONTRACTOR |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | GENERAL CONTRACTOR |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | GENERAL CONTRACTOR |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 267319 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 95672 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 171647 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 95672 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 267319 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/Desc | 0 | PURCHASE AND REHABILITATION OF BLIGHTED PROPERTIES IN ATHOL, CLINTON, FITCHBURG, GARDNER AND LEOMINSTER AND SELLING TO ELIGIBLE HOMEOWNERS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 46127 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 49545 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 44492 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 94037 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TOM GRAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CHRISTINA DIRUSSO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARC DOHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LIZ MURPHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ELIZABETH WOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JEFFREY PARKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TREVOR BEAUREGARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PHILIP DUFFY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GovernmentGrantsAmt | 0 | 95740 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 267319 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 1635 |
| IRS990/InterestGrp/TotalAmt | 0 | 1635 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | LIABILITIES TO ASSETS IS A PILOT PROGRAM THAT THE EXECUTIVE OFFICE OF HOUSING AND LIVABLE COMMUNITIES CREATED TO HELP COMMUNITIES STABILIZE NEIGHBORHOODS BY REDEVELOPING DETERIORATED PROPERTIES THAT ARE CONSIDERED A BLIGHT. THE PROGRAM WILL SUPPORT THE PURCHASE AND REHABILITATION OF PRIMARILY ONE AND TWO FAMILY PROPERTIES THAT HAVE BEEN VACANT FOR AT LEAST 3 YEARS AT THE TIME OF DEVELOPMENT AND HAVE A NEGATIVE IMPACT ON THEIR SURROUNDING NEIGHBORHOOD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 104550 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 171647 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 171647 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1017564 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 618900 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1456389 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1712113 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 54548 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 248824 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2500 |
| IRS990/PrincipalOfficerNm | 0 | MARC DOHAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 156997 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 156997 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 156997 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 156997 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 171647 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 250973 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 251501 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 267319 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 156997 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 159686 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 104730 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 688732 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 682507 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 6225 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 267319 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 156997 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 159686 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 104730 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 688732 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 688732 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE AGENCY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE AGENCY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. THE AGENCY'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH NEWVUE COMMUNITIES INC WHERE NEWVUE COMMUNITIES, INC HAS THE MANAGEMENT OVERSIGHT RESPONSIBILITIES UNDER THE DIRECT SUPERVISION OF THE ORGANIZATION'S BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION HAS SEVERAL MEMBERS INCLUDING NEWVUE COMMUNITIES, INC AND EACH MUNICIPALITY THAT HAS EXECUTED A 121A APPLICATION WITH THE ORGANIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ONE DIRECTOR SHALL BE APPOINTED BY THE APPOINTING AUTHORITY (E.G., THE MAYOR OR TOWN MANAGER) OF EACH MUNICIPALITY THAT HAS EXECUTED A 121A APPLICATION WITH NEWVUE LTA, PROVIDED EACH SUCH MUNICIPAL DIRECTOR SHALL BE APPROVED BY A MAJORITY OF DIRECTORS THEN SERVING. NEWVUE COMMUNITIES, INC. SHALL APPOINT THAT NUMBER OF DIRECTORS EQUAL TO THE NUMBER OF MUNICIPAL DIRECTORS THEN SERVING FROM TIME TO TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AFTER COMPLETION OF THE FORM 990, THE FORM IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION OF THE FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NEWVUE LTA REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE COI POLICY BY HAVING THE BOARD MEMBERS SIGN THIS POLICY ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NVC LTA'S 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG AND UPON REQUEST. NVC'S FORM 1023 IS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NEWVUE LTA REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE COI POLICY BY HAVING THE BOARD MEMBERS SIGN THIS POLICY ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | APPROVED BY THE BOARD OF DIRECTORS. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
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| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARC DOHAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CLERK |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9784000168 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-10-31 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWV |
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| ReturnHeader/Filer/PhoneNum | 0 | 9783429561 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | AAFCPAS INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 50 WASHINGTON STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WESTBOROUGH |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5083669100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-10-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATTHEW HUTT CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-03T16:37:05-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MARC |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DOHAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
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