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NUESTRA COMUNIDAD DEVELOPMENT CORP: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
NUESTRA COMUNIDAD DEVELOPMENT CORP (EIN 04-2741543)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349327936
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T20:47:40-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1350 GRANITE STREET SUITE 1200AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042741543EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NUESTRA COMUNIDAD DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNUESBusinessNameControlTxt
Phone6174273599PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 190939AddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEVELYN FRIEDMANPersonNm
Person TitleCURRENT EXECUTIVE DIRECTORPersonTitleTxt
Phone6174273599PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOLANTA TUCK CPAPreparerPersonNm
PTINP01340068PTIN
Phone7813803520PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEVELYN FRIEDMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 190939AddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,462,822GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NUESTRACDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionNUESTRA COMUNIDAD IS DEVOTED TO BUILDING THE WEALTH AND ENHANCING THEPHYSICAL, ECONOMIC, AND SOCIAL WELL-BEING OF ROXBURY AND OTHERUNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVENPROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD WELL-BEING OF ROXBURY AND OTHER UNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVEN PROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD REVITALIZATION.A NON-PROFIT SMALL BUSINESS, NUESTRA IS ONE OF BOSTON'S OLDEST AND MOSTSUCCESSFUL COMMUNITY DEVELOPMENT CORPORATIONS. SINCE 1981, NUESTRA HAS BEEN A CATALYST IN THE REDEVELOPMENT OF THE DUDLEY SQUARE, ROXBURY, AND NORTH DORCHESTER NEIGHBORHOODS. LED BY A COMMUNITY-BASED BOARD, NUESTRA IS IN THE BUSINESS OF CREATING COMMUNITIES OF OPPORTUNITY AND EQUITY FOR RESIDENTS AND BUSINESSES, WHERE THEY CAN HAVE A STABLE HOME, INCREASE THEIR INCOME, IMPROVE NEIGHBORHOOD HEALTH AND GAIN WEALTH.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,796,940PYContributionsGrantsAmt
CY Contributions Grants$1,806,450CYContributionsGrantsAmt
PY Program Service Revenue$3,260,773PYProgramServiceRevenueAmt
CY Program Service Revenue$2,422,829CYProgramServiceRevenueAmt
PY Investment Income$6,688PYInvestmentIncomeAmt
CY Investment Income$31,750CYInvestmentIncomeAmt
PY Other Revenue$28,731PYOtherRevenueAmt
CY Other Revenue$201,793CYOtherRevenueAmt
PY Total Revenue$5,093,132PYTotalRevenueAmt
CY Total Revenue$4,462,822CYTotalRevenueAmt
PY Grants And Similar Paid$56,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$68,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$922,348PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$956,779CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$124,760CYTotalFundraisingExpenseAmt
PY Other Expenses$5,161,206PYOtherExpensesAmt
CY Other Expenses$5,709,572CYOtherExpensesAmt
PY Total Expenses$6,139,554PYTotalExpensesAmt
CY Total Expenses$6,734,851CYTotalExpensesAmt
PY Revenues Less Expenses-$1,046,422PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,272,029CYRevenuesLessExpensesAmt
Total Assets BOY$35,773,886TotalAssetsBOYAmt
Total Assets EOY$35,243,642TotalAssetsEOYAmt
Total Liabilities BOY$23,853,648TotalLiabilitiesBOYAmt
Total Liabilities EOY$25,595,433TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,920,238NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,648,209NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNUESTRA COMUNIDAD IS DEVOTED TO BUILDING THE WEALTH AND ENHANCING THEPHYSICAL, ECONOMIC, AND SOCIAL WELL-BEING OF ROXBURY AND OTHERUNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVENPROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD WELL-BEING OF ROXBURY AND OTHER UNDERSERVED POPULATIONS IN GREATER BOSTON THROUGH A COMMUNITY-DRIVEN PROCESS THAT PROMOTES SELF-SUFFICIENCY AND NEIGHBORHOOD REVITALIZATION.A NON-PROFIT SMALL BUSINESS, NUESTRA IS ONE OF BOSTON'S OLDEST AND MOSTSUCCESSFUL COMMUNITY DEVELOPMENT CORPORATIONS. SINCE 1981, NUESTRA HAS BEEN A CATALYST IN THE REDEVELOPMENT OF THE DUDLEY SQUARE, ROXBURY, AND NORTH DORCHESTER NEIGHBORHOODS. LED BY A COMMUNITY-BASED BOARD, NUESTRA IS IN THE BUSINESS OF CREATING COMMUNITIES OF OPPORTUNITY AND EQUITY FOR RESIDENTS AND BUSINESSES, WHERE THEY CAN HAVE A STABLE HOME, INCREASE THEIR INCOME, IMPROVE NEIGHBORHOOD HEALTH AND GAIN WEALTH.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$913,878ExpenseAmt
Grant$68,500GrantAmt
Revenue$356,247RevenueAmt
DescREAL ESTATE DEVELOPMENT LINE OF BUSINESS:THE REAL ESTATE DEVELOPMENT PROGRAM ADDS TO OR PRESERVES THE INVENTORY OF AFFORDABLE HOUSING IN BOSTON'S UNDESERVED NEIGHBORHOODS OF ROXBURY, DORCHESTER AND MATTAPAN EITHER BY DEVELOPING NEW PROPERTIES OR BY REHABILITATING EXISTING PROPERTIES. OFTEN THESE ARE MIXED-USE PROPERTIES WHERE THE AGENCY ALSO ADDS OR PRESERVES RETAIL AND OTHER COMMERCIAL SPACE TO ENHANCE THE VITALITY OF THE NEIGHBORHOODS SERVED. IN ADDITION, PROJECTS OFFERING RETAIL OR COMMERCIAL SPACE ARE OCCASIONALLY UNDERTAKEN. THE AGENCY PROVIDES OPPORTUNITIES FOR RESIDENTS TO ACQUIRE ASSETS AND BUILD EQUITY BY DEVELOPING HOMEOWNERSHIP HOUSING. IN ADDITION, THE AGENCY PLANS TO DEVELOP SOME MARKET-RATE HOUSING AS A COMMUNITY DESIRED COMPLEMENT TO THE NEIGHBORHOODS' AFFORDABLE HOUSING. THE AGENCY'S THEORY OF CHANGE IS PROVIDING STABLE, AFFORDABLE, HIGH QUALITY RENTAL HOUSING, WHICH CREATES A PLATFORM FOR LONG-TERM SUCCESS, INCLUDING IMPROVED EDUCATIONAL AND ECONOMIC OUTCOMES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,579,998ExpenseAmt
Revenue$758,870RevenueAmt
DescASSET MANAGEMENT AND RESIDENT SERVICES LINES OF BUSINESS: THE ASSET MANAGEMENT PROGRAM CREATES ACTION PLANS TAILORED FOR EACH RENTAL PROPERTY DETAILING THE KEY CHALLENGES FACING THE PROPERTY AND THE STRATEGY FOR ADDRESSING THESE CHALLENGES. IN RECENT YEARS, THE AGENCY HAS REFINANCED FIRST MORTGAGES TO TAKE ADVANTAGE OF LOWER INTEREST RATES RESULTING IN INCREASED CASH FLOW AND FREEING UP RESOURCES FOR NEEDED REPAIRS AND ESSENTIAL RESIDENT SERVICES.THE AGENCY SEEKS OUT CAPITAL FUNDS FOR NEEDED REPAIRS AND RAISES FUNDS FROM EACH PROPERTY'S RESERVES AND CASH FLOW FOR THESE REPAIRS. DURING THE YEAR ENDED DECEMBER 31, 2022, ASSET MANAGEMENT ACTIVITY ACCOUNTED FOR APPROXIMATELY 1% OF TOTAL PROGRAM EXPENDITURES.THE RESIDENT SERVICES PROGRAM FOCUSES ON THE RESIDENTS, BOTH LIVING IN THE AGENCY'S PROPERTIES AND THE SURROUNDING UNDERSERVED NEIGHBORHOODS BY PROVIDING COMMUNITY BUILDING SERVICES THAT HELP RESIDENTS IMPROVE THE QUALITY OF LIFE FOR THEIR HOUSEHOLDS AND THEIR NEIGHBORHOODS AND SIMULTANEOUSLY DEVELOP NEIGHBORHOOD RESIDENTS' CAPACITY TO LEAD COMMUNITY DEVELOPMENT. OUTCOMES INCLUDE EMPOWERING RESIDENTS TO HAVE PRIDE IN THEIR COMMUNITY, AND THATSUSTAINABLE BUSINESSES MEET THE NEEDS OF COMMUNITY RESIDENTS AND ATTRACT OTHER BUSINESSES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$287,158ExpenseAmt
Revenue$460,323RevenueAmt
DescCOMMUNITY ENGAGEMENT AND HOUSING LINES OF BUSINESS:THE COMMUNITY BUILDING PROGRAM PROVIDES COUNSELING TO HOMEOWNERS AND PROSPECTIVE HOMEOWNERS IN PARTICULAR, AND ALSO, MORE GENERALLY, TO UNDERSERVED POPULATIONS WHO WISH TO LEARN AND AUGMENT THEIR FINANCIAL SKILLS AND KNOWLEDGE TO ACHIEVE IDENTIFIED GOALS. THESE PROGRAMS INCLUDE FIRST-TIME HOMEBUYER EDUCATION AND COUNSELING, HOME EQUITY CONVERSION MORTGAGE OR REVERSE MORTGAGE COUNSELING, FORECLOSURE PREVENTION COUNSELING, AND FINANCIAL EDUCATION AND COUNSELING. IN ADDITION, IT FOSTERS COMMUNITY LEADERSHIP AND SUPPORTS COMMUNITYMEMBERS TO HAVE A DECISIVE VOICE IN SHAPING THE FUTURE OF OUR COMMUNITIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,967,775ExpenseAmt
Revenue$1,049,182RevenueAmt
DescRENTAL PROPERTIES - THE RENTAL PROPERTIES THROUGH 2023, NUESTRA COMUNIDAD OWNED AND MANAGED 877 RESIDENTIAL APARTMENTS THAT PROVIDE AN AFFORDABLE HOME FOR LOW-AND-MODERATE-INCOME INDIVIDUALS AND FAMILIES. A THIRD PARTY VENDOR, WINN RESIDENTIAL, PROVIDES PROPERTY MANAGEMENT SERVICES ON OUR BEHALF AND WORKS CLOSELY WITH ASSET MANAGEMENT AND WINN CONNECTED COMMUNITIES RESIDENT SERVICES TEAMS TO ENSURE THAT OUR PROPERTIES PROVIDE RESIDENTS WITH A HIGH-QUALITY AFFORDABLE HOME. NUESTRA'S PROPERTIES ALSO INCLUDE 38 COMMERCIAL SPACES PROVIDING AFFORDABLE RENTS FOR BOSTON BUSINESSES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,967,775TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,049,182TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$4,748,809TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EVELYN FRIEDMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179891223PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 190939AddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
N PAUL TONTHAT
EXECUTIVE DIRECTOR46.00Yes (X)$175,000$0$6,871
DIANE CLARK
DIRECTOR OF RE40.00$141,383$0$15,647Yes (X)
RYAN LUNDERGAN
SENIOR PROJECT MANAGER, RE DEVELOPMENT40.00$111,803$0$0Yes (X)
DONNA M CRAMER
BOARD PRESIDENT1.00Yes (X)$0$0$01.50Yes (X)
KELVIN JUARBE
BOARD TREASURER1.00Yes (X)$0$0$01.50Yes (X)
ALFONSO SIRA
BOARD CLERK1.00Yes (X)$0$0$01.50Yes (X)
CHARISSA REED
BOARD DIRECTOR1.00$0$0$01.50Yes (X)
JAEAN CALIXTE
BOARD MEMBER1.00$0$0$01.50Yes (X)
JOEL SKLAR
BOARD DIRECTOR1.00$0$0$01.50Yes (X)
JOSEPH PANCHAMSINGH
BOARD DIRECTOR1.00$0$0$01.50Yes (X)
MARIA LATIMORE
BOARD MEMBER1.00$0$0$01.50Yes (X)
REV FRANCISCO A TOLENTINO
BOARD DIRECTOR1.00$0$0$01.50Yes (X)
SCOTT POLLACK
BOARD DIRECTOR1.00$0$0$01.50Yes (X)
WILLIAM ELSBREE
BOARD DIRECTOR1.00$0$0$01.50Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$428,186TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$22,518TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
OPPORTUNITY COMMUNITIES LLC
4 GERRISH AVECHELSEAMA02150MANAGEMENT SERVICES$1,300,000
INSPERITY
28 STATE STREETBOSTONMA02109HR CONSULTING SERVICES$1,008,827
WINN COMPANIES
ONE WASHINGTON MALL SUITE 500BOSTONMA02108PROPERTY MANAGEMENT SERVICES$327,455
NORTHILL WILKSTON SECURITY
150 WEST ST SUITE 3HYDE PARKMA02136SECURITY SERVICES$245,072
COHNREZNICK LLP
1301 AVENUE OF THE AMERICANSNEW YORKNY10019ACCOUNTING CONSULTING FEE$213,438
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$611,687GovernmentGrantsAmt
All Other Contributions$1,194,763AllOtherContributionsAmt
Total Contributions$1,806,450TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531390$1,049,182$1,049,182
TENANT SERVICES531390$460,323$460,323
DEVELOPMENT FEES531390$356,247$356,247
ASSET MANAGEMENT FEE I531390$352,077$352,077
SERVICE CONTRACTS531390$205,000$205,000
FieldValueIRS element (for citing)
Total Program Service Revenue$2,422,829TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,750TotalRevenueColumnAmt
Exclusion$31,750ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE PROCEEDSDesc
Business900099BusinessCd
Total Revenue Column$155,029TotalRevenueColumnAmt
Related Or Exempt Func Income$155,029RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,764TotalRevenueColumnAmt
Related Or Exempt Func Income$46,764RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$201,793OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,462,822TotalRevenueColumnAmt
Related Or Exempt Func Income$2,624,622RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$31,750ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$68,500TotalAmt
Program Services$68,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$181,871TotalAmt
Program Services$120,742ProgramServicesAmt
Management And General$60,773ManagementAndGeneralAmt
Fundraising$356FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$632,462TotalAmt
Program Services$419,882ProgramServicesAmt
Management And General$211,339ManagementAndGeneralAmt
Fundraising$1,241FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$81,402TotalAmt
Program Services$54,041ProgramServicesAmt
Management And General$27,201ManagementAndGeneralAmt
Fundraising$160FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$61,044TotalAmt
Program Services$40,526ProgramServicesAmt
Management And General$20,398ManagementAndGeneralAmt
Fundraising$120FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$56,195TotalAmt
Program Services$56,195ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$26,527TotalAmt
Program Services$14,122ProgramServicesAmt
Management And General$8,611ManagementAndGeneralAmt
Fundraising$3,794FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$60,887TotalAmt
Program Services$32,415ProgramServicesAmt
Management And General$19,765ManagementAndGeneralAmt
Fundraising$8,707FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$2,000TotalAmt
Management And General$2,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,870,410TotalAmt
Program Services$1,189,737ProgramServicesAmt
Management And General$571,997ManagementAndGeneralAmt
Fundraising$108,676FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,049,945TotalAmt
Program Services$208,615ProgramServicesAmt
Management And General$839,624ManagementAndGeneralAmt
Fundraising$1,706FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,657,488TotalAmt
Program Services$1,576,707ProgramServicesAmt
Management And General$80,781ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$621,102TotalAmt
Program Services$621,102ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,688TotalAmt
Program Services$16,135ProgramServicesAmt
Management And General$3,553ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROGRAM SUPPLIES AND EX$265,677$250,437$15,240
BAD DEBT EXPENSE$79,653$79,653

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,734,851TotalAmt
Program Services$4,748,809ProgramServicesAmt
Management And General$1,861,282ManagementAndGeneralAmt
Fundraising$124,760FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,768,392BOYAmt
EOY$919,251EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$379,475BOYAmt
EOY$639,722EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$221,617BOYAmt
EOY$194,864EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,194,369LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,326,119LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,176,794BOYAmt
EOY$8,868,250EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$2,582,085BOYAmt
EOY$2,639,312EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$2,806,554BOYAmt
EOY$3,421,262EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,838,969BOYAmt
EOY$18,560,981EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$35,773,886BOYAmt
EOY$35,243,642EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,842,361BOYAmt
EOY$3,656,980EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$11,665,549BOYAmt
EOY$12,207,875EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$580,000BOYAmt
EOY$650,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,765,738BOYAmt
EOY$9,080,578EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,853,648BOYAmt
EOY$25,595,433EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,740,357BOYAmt
EOY$3,067,569EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,179,881BOYAmt
EOY$6,580,640EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,920,238BOYAmt
EOY$9,648,209EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$35,773,886BOYAmt
EOY$35,243,642EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,272,029ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$840,265CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,427,756CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,740,865CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,796,940CurrentTaxYearMinus1YearAmt
Current Tax Year$1,806,450CurrentTaxYearAmt
Total$7,612,276TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$840,265CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,427,756CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,740,865CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,796,940CurrentTaxYearMinus1YearAmt
Current Tax Year$1,806,450CurrentTaxYearAmt
Total$7,612,276TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$527,363SubstantialContributorsTotAmt
Public Support Total170$7,084,913PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$85,295CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,546CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,458CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,688CurrentTaxYearMinus1YearAmt
Current Tax Year$31,750CurrentTaxYearAmt
Total$162,737TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,379CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,330CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,692CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$28,731CurrentTaxYearMinus1YearAmt
Current Tax Year$201,793CurrentTaxYearAmt
Total$268,925TotalAmt
FieldValueIRS element (for citing)
Total Support$8,043,938TotalSupportAmt
Gross Receipts Rltd Activities$11,182,199GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88080PublicSupportCY170Pct
Public Support PY1700.95640PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2019 AMOUNT: $ 20,379. 2020 AMOUNT: $ 13,330. 2021 AMOUNT: $ 4,692. 2022 AMOUNT: $ 28,731. 2023 AMOUNT: $ 46,764. INSURANCE PROCEEDS - 2023 AMOUNT: $ 155,029.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$2,000OtherActivitiesAmt
Total Lobbying Expenditures$2,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationNCDC PAID A MEMBERSHIP FEE TO NATIONAL NEIGHBORWORKS ASSOCIATION, A GOVERNMENTAL LOBBY ENTITY.ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$411,414OtherCostOrOtherBasisAmt
Book Value$411,414BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,265,206OtherCostOrOtherBasisAmt
Depreciation$5,043,708DepreciationAmt
Book Value$8,221,498BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$269,271OtherCostOrOtherBasisAmt
Depreciation$133,775DepreciationAmt
Book Value$135,496BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$248,478OtherCostOrOtherBasisAmt
Depreciation$148,636DepreciationAmt
Book Value$99,842BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,868,250TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN AFFILIATESDesc
Book Value$2,639,312BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$2,639,312TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
PROJECTS UNDER DEVELOPMENT$3,656,746
DUE FROM RELATED PARTIES$8,653,449
LOANS RECEIVABLE$2,293,948
OTHER ASSETS$1,269,680
DEVELOPMENT FEE RECEIVABLE$2,687,158
FieldValueIRS element (for citing)
Total Book Value Other Assets$18,560,981TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DUE TO CONSOLIDATED ENTITIES$4,039,889
SECURITY DEPOSIT LIABILITY$68,807
LEASE LIABILITY$4,371,882
LONG-TERM DEVELOPER FEE$600,000
FieldValueIRS element (for citing)
Total Liability$9,080,578TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1OPPORTUNITY COMMUNITIESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14 GERRISH AVEAddressLine1Txt
CityCHELSEACityNm
State AbbreviationMAStateAbbreviationCd
ZIP02150ZIPCd
FieldValueIRS element (for citing)
Recipient EIN823595539RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$68,500CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantPROGRAM FUNDINGPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
N PAUL TONTHAT
EXECUTIVE DIRECTOR$175,000$0$0$0$0$0$0$0$6,871$0$181,871$0$0$0
DIANE CLARK
DIRECTOR OF RE$141,383$0$0$0$0$0$5,746$0$9,901$0$157,030$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990. PART IV, LINE 12B:THIS 990 IS BEING PREPARED WITH THE BEST AVAILABLE INFORMATION AT THE TIME. UPON COMPLETION OF THE AUDIT, IF THERE ARE ANY SIGNIFICANT CHANGES, APPROPRIATE ACTION WILL BE TAKEN.
FORM 990, PART VI, SECTION B, LINE 11BMANAGEMENT PROVIDES A DRAFT OF THE TAX RETURN TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE AUDITOR AND CONSIDERED FOR COMPLIANCE WITH RELEVANT TAX LAWS PRIOR TO BEING APPLIED AND THE TAX RETURN BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. NUESTRA HAS A MEMBER OF THE FINANCE COMMITTEE WHO IS THE COMPLIANCE OFFICER FOR THE ORGANIZATION. NUESTRA REQUIRES THAT EVERY MEMBER OF THE BOARD SIGN A CONFLICT OF INTEREST POLICY FORM ONCE A YEAR. THE ORGANIZATION INFORMS THE COMPLIANCE OFFICER WHEN ALL THE FORMS HAVE BEEN COMPLETED AND ARE ON FILE. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BOARD BOOK THAT IS USED AT EVERY BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 15AT THE TIME OF HIRING OF EACH EXECUTIVE DIRECTOR, THE BOARD MAY ENGAGE AN INDEPENDENT CONSULTANT TO REVIEW THE APPROPRIATE COMPENSATION FOR AN INDIVIDUAL HIRED TO CARRY OUT THE THEN-CURRENT JOB DESCRIPTION FOR THIS POSITION. AT THE TIME OF SUCH HIRING, THE BOARD SHALL REVIEW COMPARABILITY DATA ON EMPLOYMENT PROVIDED BY THE MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS, COMPARABILITY INFORMATION COMPILED BY A NATIONAL NETWORK OF COMMUNITY DEVELOPMENT CORPORATIONS OR OTHER SALARY COMPARABILITY DATA PREPARED BY AN INDEPENDENT ORGANIZATION FAMILIAR WITH THE NON-PROFIT FIELD. NUESTRA ALSO PURCHASES A GUIDESTAR COMPENSATION REPORT THAT IS USED AS PART OF THE SALARY REVIEW. THE CHAIR OF THE PERSONNEL COMMITTEE IS A BOARD MEMBER THAT WORKS AS AN HR CONSULTANT, SHE ASSISTS THE BOARD IN REVIEWING THE EXECUTIVE DIRECTORS COMPENSATION. THE BOARD MINUTES SHALL DOCUMENT THE PROCESS USED IN DETERMINING THE INITIAL COMPENSATION OF THE EXECUTIVE DIRECTOR AT THE TIME OF HIRING. SUBSEQUENTLY, AT THE TIME OF THE ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR, THE BOARD SHALL DETERMINE THE APPROPRIATE INCREASE IN COMPENSATION BASED ON PERFORMANCE IN ACHIEVING THE ANNUAL WORKPLAN AND COMPARABILITY DATA. A BONUS PAYMENT MAY BE AWARDED BASED ON PERFORMANCE IN ACHIEVING THE ANNUAL WORKPLAN, ACHIEVING ANY STRETCH GOALS THAT THE BOARD HAS SET FOR THE EXECUTIVE DIRECTOR AND/OR OTHER ACCOMPLISHMENTS.
FORM 990, PART VI, SECTION C, LINE 19NUESTRA MAINTAINS COPIES OF THE DOCUMENTS AT THEIR CORPORATE OFFICE AND MAKES THEM AVAILABLE UPON REQUEST. NUESTRA PROVIDES INFORMATION TO THE STATE AND FEDERAL AGENCIES AND THEIR ANNUAL TAX RETURN IS AVAILABLE ON GUIDESTAR.ORG.
FORM 990, PART IX, LINE 11GOTHER FEES: PROGRAM SERVICE EXPENSES 534,683. MANAGEMENT AND GENERAL EXPENSES 242,289. FUNDRAISING EXPENSES 106,740. TOTAL EXPENSES 883,712. MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 655,054. MANAGEMENT AND GENERAL EXPENSES 329,708. FUNDRAISING EXPENSES 1,936. TOTAL EXPENSES 986,698.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
109 MOUNT PLEASANT LLC
PO BOX 190939ROXBURYMA02119454998510LOW INCOME HOUSINGMA$376,655$2,673,939NUESTRA CDC
20 ALASKA STREET LLC
PO BOX 190939ROXBURYMA02119042741543LOW INCOME HOUSINGMA$0$76,358NUESTRA CDC
DARTMOUTH COMMERCIAL LLC
PO BOX 190939ROXBURYMA02119042741543PROVIDE COMMERCIAL RENTAL SPACEMA$319,970$320,034NUESTRA CDC
HARLOW HOWARD LLC
PO BOX 190939ROXBURYMA02119042741543LOW INCOME HOUSINGMA$0$156,854NUESTRA CDC
INFILL 2 LLC
PO BOX 190939ROXBURYMA02119043174353LOW INCOME HOUSINGMA$350,501$1,525,847NUESTRA CDC
KASANOF HOMES LLC
PO BOX 190939ROXBURYMA02119261953417DEVELOPS FOR-SALE HOUSING ON THE SITE FOR INCOME ELIGIBLE INDIVIDUALSMA$0$797,048NUESTRA CDC
KASANOF LAND LLC
PO BOX 190939ROXBURYMA02119261953468MAINTAINS OWNERSHIP OF THE LAND UPON WHICH KASANOF LLC AND KASANOF HOMES LLCMA$0$2,307,267NUESTRA CDC
NUESTRA QUINCY COMMONS COMMERCIAL LLC
PO BOX 190939ROXBURYMA02119PROVIDE COMMERCIAL RENTAL SPACEMA$145,451$2,515,018NUESTRA CDC
NUESTRA QUINCY COMMONS LAND LLC
PO BOX 190939ROXBURYMA02119DEVELOPING AFFORDABLE RENTAL HOUSING FOR LOW-INCOME SENIORSMA$0$3,532NUESTRA CDC
WARREN STREET CORRIDOR REDEVELOPMENT LLC
PO BOX 190939ROXBURYMA02119451253087DEVELOPING AFFORDABLE RENTAL HOUSINGMA$0$0NUESTRA CDC
35 WEST NEWTON LLC
PO BOX 190939ROXBURYMA02119263319144LOW INCOME HOUSINGMA$493,836$4,955,949NUESTRA CDC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
BARTLETT PLACE LAND INC
PO BOX 190939ROXBURYMA02119262106221AFFORDABLE MIXED-USE PROJECTSMA501(C)(3)509(A)(3) TYPE INUESTRA CDCYes (1)
BOSTON AGING CONCERNS YOUNG AND OLD UNITED
PO BOX 190939ROXBURYMA02119510202535AFFORDABLE HOUSING FOR ELDERLY AND LOW INCOME INDIVIDUALSMA501(C)(3)10NUESTRA CDCYes (1)
NUESTRA DEVELOPMENT FUND INC
PO BOX 190939ROXBURYMA02119752994759MANAGING LOANS FOR LOW INCOME INDIVIDUAL AND HOUSING PROJECTSMA501(C)(3)7NUESTRA CDCYes (1)
PALLADIO HALL CORPORATION
PO BOX 190939ROXBURYMA02119262458081COMMERCIAL RENTALS TO NON-PROFITS AND LOCAL BUSINESSESMA501(C)(3)509(A)(3) TYPE INUESTRA CDCYes (1)
ROXBURY DEVELOPMENT CORPORATION
PO BOX 190939ROXBURYMA02119043562970LOW INCOME HOUSINGMA501(C)(3)10NUESTRA CDCYes (1)
SWIFTY'S AUTO MALL INC
PO BOX 190939ROXBURYMA02119043380739PROVIDE COMMERCIAL RENTAL SPACE, TECHNICAL ASSISTANCE, EMPLOYMENTMA501(C)(3)10NUESTRA CDCYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (18 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPct
ADAMS COURT PHASE A LLC
PO BOX 190939ROXBURYMA02119261438405LOW INCOME HOUSINGMAN/A00
ADAMS COURT PHASE B LLC
PO BOX 190939ROXBURYMA02119261438454LOW INCOME HOUSINGMAN/A00
BARTLETT B LEVERAGE LENDER LLC
PO BOX 190939ROXBURYMA02119814697061LOW INCOME HOUSINGMA00NUESTRA CDCN/A-$24,237$11,461,2170.95000
BARTLETT B LIHTC LLC
PO BOX 190939ROXBURYMA02119814496538LOW INCOME HOUSINGMAN/A00
BARTLETT B NMTC LLC
PO BOX 190939ROXBURYMA02119814514863LOW INCOME HOUSINGMAN/A00
BARTLETT PLACE LLC
PO BOX 190939ROXBURYMA02119262106221LOW INCOME HOUSINGMAN/A00N/A$293,278$2,058,7130.50000
DARTMOUTH HOTEL LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119043564230LOW INCOME HOUSINGMAN/A00
GRANDFAMILIES LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119043363997LOW INCOME HOUSINGMAN/A00
HOPE IN DORCHESTER LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119364484825LOW INCOME HOUSINGMAN/A00
HOWARD DACIA LLC
PO BOX 190939ROXBURYMA02119043509744LOW INCOME HOUSINGMAN/A00
KASANOF LLC
PO BOX 190939ROXBURYMA02119271098031LOW INCOME HOUSINGMAN/A00
LA CONCHA LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119043049981LOW INCOME HOUSINGMA00NUESTRA CDCRELATED$142,818$2,834,6580.99000
NUESTRA QUINCY COMMONS RESIDENTIAL LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119453246544LOW INCOME HOUSINGMAN/A00
SARGENT PRINCE LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119043229263LOW INCOME HOUSINGMAN/A00
STAFFORD HEIGHTS LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119043172923LOW INCOME HOUSINGMA00NUESTRA CDCRELATED$218,790$3,657,2020.99000
WASHINGTON PARK LIMITED PARTNERSHIP
PO BOX 190939ROXBURYMA02119800842947LOW INCOME HOUSINGMAN/A00
BARTLETT A 4 LIHTC LLC
PO BOX 190939ROXBURYMA02119851293717LOW INCOME HOUSINGMAN/A00
BARTLETT A 9 LIHTC LLC
PO BOX 190939ROXBURYMA02119851286364LOW INCOME HOUSINGMAN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (26 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
11 MOUNT PLEASANT INC
PO BOX 190939ROXBURYMA02119271136409LOW INCOME HOUSINGMANUESTRA CDCC$371,086$2,489,0491.00000Yes (1)
ADAMS COURT PHASE A INC
PO BOX 190939ROXBURYMA02119204530425LOW INCOME HOUSINGMANUESTRA CDCC$790.79000Yes (1)
ADAMS COURT PHASE B INC
PO BOX 190939ROXBURYMA02119261438405LOW INCOME HOUSINGMANUESTRA CDCC$76,7860.79000Yes (1)
BARTLETT B LIHTC MM LLC
PO BOX 190939ROXBURYMA02119814485439LOW INCOME HOUSINGMANUESTRA CDCC$35,454$167,3381.00000Yes (1)
DARTMOUTH HOTEL INC
PO BOX 190939ROXBURYMA02119043564228LOW INCOME HOUSINGMANUESTRA CDCC$2$7540.79000Yes (1)
FOUR FOREST STREET CORPORATION
PO BOX 190939ROXBURYMA02119043205392LOW INCOME HOUSINGMANUESTRA CDCC$46,182$383,4891.00000Yes (1)
GRANDFAMILIES INC
PO BOX 190939ROXBURYMA02119043363995LOW INCOME HOUSINGMAC0N/A
HOPE IN DORCHESTER CORPORATION
PO BOX 190939ROXBURYMA02119113650218LOW INCOME HOUSINGMAC0N/A
HOWARD DACIA RESIDENT CORPORATION
PO BOX 190939ROXBURYMA02119020607992LOW INCOME HOUSINGMANUESTRA CDCC1.00000Yes (1)
HOWARD DACIA INC
PO BOX 190939ROXBURYMA02119043509741LOW INCOME HOUSINGMANUESTRA CDCC$790.79000Yes (1)
KASANOF RENTAL INC
PO BOX 190939ROXBURYMA02119271097903LOW INCOME HOUSINGMANUESTRA CDCC$3,953$26,7340.79000Yes (1)
LA CONCHA CORPORATION
PO BOX 190939ROXBURYMA02119042942280LOW INCOME HOUSINGMANUESTRA CDCC$1,4761.00000Yes (1)
NUESTRA DALY HOUSE CORPORATION
PO BOX 190939ROXBURYMA02119262171694LOW INCOME HOUSINGMANUESTRA CDCC$226,962$962,3341.00000Yes (1)
NUESTRA QUINCY COMMONS RESIDENTIAL GP INC
PO BOX 190939ROXBURYMA02119453234588LOW INCOME HOUSINGMAC0N/A
NUESTRA QUINCY COMMONS RESIDENTIAL LP INC
PO BOX 190939ROXBURYMA02119453243995LOW INCOME HOUSINGMANUESTRA CDCC$9,833$5,622,4731.00000Yes (1)
NUESTRA WEST NEWTON CORP
PO BOX 190939ROXBURYMA02119263319144LOW INCOME HOUSINGMANUESTRA CDCC$1001.00000Yes (1)
ROXBURY TRIANGLE INC
PO BOX 190939ROXBURYMA02119042914198LOW INCOME HOUSINGMANUESTRA CDCC1.00000Yes (1)
SARGENT PRINCE INC
PO BOX 190939ROXBURYMA02119043229261LOW INCOME HOUSINGMANUESTRA CDCC$98$89,0901.00000Yes (1)
STAFFORD HEIGHTS COOPERTIVE CORPORATION
PO BOX 190939ROXBURYMA02119043237875LOW INCOME HOUSINGMANUESTRA CDCC1.00000Yes (1)
STAFFORD HEIGHTS INC
PO BOX 190939ROXBURYMA02119043172771LOW INCOME HOUSINGMANUESTRA CDCC$2,278$901.00000Yes (1)
THE NUESTRA QUINCY COMMONS CONDOMINIUM TRUST
PO BOX 190939ROXBURYMA02119826799847LOW INCOME HOUSINGMAC0N/A
VILA NOVA APARTMENTS INC
PO BOX 190939ROXBURYMA02119042842747LOW INCOME HOUSINGMANUESTRA CDCC$134,737$253,5191.00000Yes (1)
WASHINGTON PARK GP LLC
PO BOX 190939ROXBURYMA02119461123564LOW INCOME HOUSINGMANUESTRA CDCC$167,5650.90000Yes (1)
WAVERLY HOMES INC
PO BOX 190939ROXBURYMA02119043295296LOW INCOME HOUSINGMANUESTRA CDCC1.00000Yes (1)
BARTLETT A 4 LIHTC MM LLC
PO BOX 190939ROXBURYMA02119851242165LOW INCOME HOUSINGMANUESTRA CDCC1.00000Yes (1)
BARTLETT A 9 LIHTC MM LLC
PO BOX 190939ROXBURYMA02119851258477LOW INCOME HOUSINGMANUESTRA CDCC1.00000Yes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BARTLETT B LEVERAGE LENDER LLC
D$401,550FAIR MARKET VALUE
BARTLETT PLACE LAND INC
D$1,165,981FAIR MARKET VALUE
LA CONCHA LIMITED PARTNERSHIP
L$86,734FAIR MARKET VALUE
NUESTRA QUINCY COMMONS RESIDENTIAL GP
D$5,636,215FAIR MARKET VALUE