Civic Intelligence

Cdcsb Sumner Block Inc

EIN 93-1530511 • 501(c)3 • Great Barrington, MA

Profile

To acquire real property, obtain financing, construct, own and manage multi-family housing that is predominantly restricted to low and moderate income families.

PO Box 733Great Barrington, MA 01230

cdcsb.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.02x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

8.02x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Down

$1,565,902

Down $52,862 (-3.3%) from 2023

Liabilities

Down

$1,603,258

Down $30,846 (-1.9%) from 2023

Net Assets

Down

-$37,356

Down $22,016 (-144%) from 2023

Revenue

Up

$199,884

Up $111,084 (+125%) from 2023

Expenses

Up

$221,900

Up $117,760 (+113%) from 2023

Net Income

Down

-$22,016

Down $6,676 (-44%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2023: $1,618,764Liabilities 2023: $1,634,104Net Assets 2023: -$15,3402023Assets 2024: $1,565,902Liabilities 2024: $1,603,258Net Assets 2024: -$37,3562024

Highlighted filing

2024

Assets$1,565,902
Liabilities$1,603,258
Net Assets-$37,356

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2023: $88,800Expenses 2023: $104,140Net Income 2023: -$15,3402023Revenue 2024: $199,884Expenses 2024: $221,900Net Income 2024: -$22,0162024

Highlighted filing

2024

Revenue$199,884
Expenses$221,900
Net Income-$22,016

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$199,884
Mission and Program Overview

Mission

To acquire real property, obtain financing, construct, own and manage multi-family housing that is predominantly restricted to low and moderate income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,587,605$1,537,840▼ $49,765
Cash and Non-Interest-Bearing Accounts$10,003$14,128▲ $4,125
Accounts Receivable$14,035$5,000▼ $9,035
Prepaid Expenses and Deferred Charges$1,719$2,424▲ $705
Total Assets$1,618,764$1,565,902▼ $52,862
Other Assets Total$5,402$6,510▲ $1,108
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,049,400$1,031,774▼ $17,626
Unsecured Notes Loans Payable$557,796$560,748▲ $2,952
Other Liabilities$5,402$6,499▲ $1,097
Deferred Revenue$6,340$2,800▼ $3,540
Accounts Payable and Accrued Expenses$15,166$1,437▼ $13,729
Total Liabilities$1,634,104$1,603,258▼ $30,846
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-15,340$-37,356▼ $22,016
Total Net Assets Fund Balance$-15,340$-37,356▼ $22,016
Total Liabilities and Net Assets / Fund Balance$1,618,764$1,565,902▼ $52,862

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,440,966$76,720$1,517,686
Land$96,874-$96,874
Compensation and Service Providers

Board Members and Trustees

NameTitle
James HarwoodPresident
Brian HoranDirector
Cameron VolastroDirector
Dennis IodiceDirector
Donna NormanDirector
Eric AulicinoDirector
Erik BruunDirector
Eugene CarrDirector
Michael IgoeDirector
Robin HelfandDirector
Thomas DoyleDirector
David ThorneClerk
Cara BeckerTreasurer
Richard StanleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$136,970
Investment Income
$0
Other Revenue
$62,914
Change in Net Assets
$-22,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,900
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
Occupancy$77,435--$77,435
Interest$56,062--$56,062
Depreciation Depletion$49,765--$49,765
Fees for Services Management-$15,077-$15,077
Insurance$10,090--$10,090
Office Expenses-$2,070-$2,070
Fees for Services Legal-$974-$974
Fees for Services Other-$825-$825
Other Expenses$630$3-$3
Total Functional Expenses$201,607$20,293$0$221,900
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
Security Deposits Payable$6,499
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Form 990 is reviewed by the board of directors prior to filing. Form 990 is available for review upon request.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors compliance with the conflict of interst policy.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cdcsb Sumner Block Inc
EIN
93-1530511
Phone
4135287788
Address
PO BOX 733, GREAT BARRINGTON, MA 01230

Signing Officer

Name
James Harwood
Title
President
Phone
4135287788
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Harwood
Formed
2023
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Burkhart Pizzanelli Pc
Address
201 PARK AVE SUITE 2, WEST SPRINGFIELD, MA 01089-1597
Preparer
Julie Quink
Phone
4137349040
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The project is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. The organization has been classified as an organization that is not a private foundation under section 509(a)(2). Management has evaluated significant tax positions against the criteria established by professional standards, including the organization's tax exempt status, and believes there are no such tax positions requiring accounting recognition. The organization's informational returns are subject to examination by taxing authorities.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS, INCLUDING THE ORGANIZATION'S TAX EXEMPT STATUS, AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE ORGANIZATION'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990 IS AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTERST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES HARWOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04135287788
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CDCSB SUMNER BLOCK INC
ReturnHeader/Filer/BusinessNameControlTxt0CDCS
ReturnHeader/Filer/EIN0931530511
ReturnHeader/Filer/PhoneNum04135287788
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042929980
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURKHART PIZZANELLI PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 PARK AVE SUITE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0010891597
ReturnHeader/PreparerPersonGrp/PhoneNum04137349040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE QUINK
ReturnHeader/ReturnTs02025-11-14T15:10:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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