CAPE & ISLANDS COMMUNITY DEVELOPMENT INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: CAPE & ISLANDS COMMUNITY DEVELOPMENT INC (EIN 04-3286347)
Tax period: 2016-07-01 to 2017-06-30
Filed: 2017-10-30
IRS object ID: 201703039349300545
Schema version: 2016v3.0
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
Form 990
Schedule A
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-10-30T11:09:07-04:00	ReturnTs
Tax Period End	2017-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	043128198	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SANDERS WALSH & EATON LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX F	AddressLine1Txt
City	OSTERVILLE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02655	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	043286347	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAPE & ISLANDS COMMUNITY	BusinessNameLine1Txt
Business Name Line2	DEVELOPMENT INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	CAPE	BusinessNameControlTxt
Phone	5087904980	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 PATTI PAGE WAY	AddressLine1Txt
City	CENTERVILLE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02632	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JEANNINE MARSHALL	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	5087902921	PhoneNum
Signature	2017-08-21	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL J WALSH CPA	PreparerPersonNm
PTIN	P00239736	PTIN
Phone	5084280790	PhoneNum
Preparation	2017-10-30	PreparationDt

Filing Security Information FilingSecurityInformation

Field	Value	IRS element (for citing)
At Submission Creation Device Id	33E6FAFFFD566DABB1F0501102EBAC711B991D4F	AtSubmissionCreationDeviceId
At Submission Filing Device Id	8AE7A7985622D0299A6D121F26C0752C747F2B2F	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2018-03-14 21:41:22Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JEANNINE MARSHALL	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 PATTI PAGE WAY	AddressLine1Txt
City	CENTERVILLE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02632	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$671,399	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.COASTALCOMMUNITYCAPITAL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1995	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN MASSACHUSETTS UTILIZING FEDERAL FUNDS FROM USDA INTERMEDIARY RELENDING PROGRAM (IRP), USDA RURAL MICROENTRREPRENEUR (RMAP) AND U.S TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI)	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$220,588	PYContributionsGrantsAmt
CY Contributions Grants	$404,922	CYContributionsGrantsAmt
CY Program Service Revenue	$228,742	CYProgramServiceRevenueAmt
PY Investment Income	$500,430	PYInvestmentIncomeAmt
CY Investment Income	$8,163	CYInvestmentIncomeAmt
PY Other Revenue	$3,626	PYOtherRevenueAmt
CY Other Revenue	$29,572	CYOtherRevenueAmt
PY Total Revenue	$724,644	PYTotalRevenueAmt
CY Total Revenue	$671,399	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$383,299	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$432,103	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$23,328	CYTotalFundraisingExpenseAmt
PY Other Expenses	$281,202	PYOtherExpensesAmt
CY Other Expenses	$239,950	CYOtherExpensesAmt
PY Total Expenses	$664,501	PYTotalExpensesAmt
CY Total Expenses	$672,053	CYTotalExpensesAmt
PY Revenues Less Expenses	$60,143	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$654	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,335,740	TotalAssetsBOYAmt
Total Assets EOY	$7,751,997	TotalAssetsEOYAmt
Total Liabilities BOY	$4,183,438	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$4,589,249	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,152,302	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,162,748	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN MASSACHUSETTS UTILIZING FEDERAL FUNDS FROM USDA INTERMEDIARY RELENDING PROGRAM (IRP), USDA RURAL MICROENTRREPRENEUR (RMAP) AND U.S TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI)	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$582,348	ExpenseAmt
Desc	ADMINISTER LOAN PROGRAMS AND TECHNICAL ASISTANCE TO SMALL BUSINESS OWNERS IN MASSACHUSETTS.	Desc
Total Program Service Expenses	$582,348	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JEANNINE MARSHALL	PersonNm
Phone	5087904980	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 PATTI PAGE WAY	AddressLine1Txt
City	CENTERVILLE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02632	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
PETER SMITH
CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL GIANCOLA
VICE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
MARK SEXTON
SECRETARY	5.00	Yes (X)	Yes (X)	$0	$0	$0
MARLYN AGULNICK-HOUSE
TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
CHRISTOPHER MURPHY
ASSISTANT TR	5.00	Yes (X)	Yes (X)	$0	$0	$0
DAVID AUGUSTINHO
DIRECTOR	5.00	Yes (X)		$0	$0	$0
CHARLES DESIMONE
DIRECTOR	5.00	Yes (X)		$0	$0	$0
MARTIN HARPER
DIRECTOR	5.00	Yes (X)		$0	$0	$0
PETER RICE
DIRECTOR	5.00	Yes (X)		$0	$0	$0
ALEX RODOLAKIS
DIRECTOR	5.00	Yes (X)		$0	$0	$0
ROBERT TALERMAN
DIRECTOR	5.00	Yes (X)		$0	$0	$0
JEANNINE MARSHALL
PRESIDENT	40.00		Yes (X)	$164,851	$0	$25,979

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$164,851	TotalReportableCompFromOrgAmt
Total Other Compensation	$25,979	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Government Grants	$402,346	GovernmentGrantsAmt
All Other Contributions	$2,576	AllOtherContributionsAmt
Noncash Contributions	$2,576	NoncashContributionsAmt
Total Contributions	$404,922	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	FEE INCOME	Desc
Business	522200	BusinessCd
Total Revenue Column	$228,742	TotalRevenueColumnAmt
Related Or Exempt Func Income	$228,742	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$228,742	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,163	TotalRevenueColumnAmt
Exclusion	$8,163	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Total Revenue Column	$29,572	TotalRevenueColumnAmt
Exclusion	$29,572	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$29,572	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$671,399	TotalRevenueColumnAmt
Related Or Exempt Func Income	$228,742	RelatedOrExemptFuncIncomeAmt
Exclusion	$37,735	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$423,754	TotalAmt
Program Services	$360,190	ProgramServicesAmt
Management And General	$42,375	ManagementAndGeneralAmt
Fundraising	$21,189	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$8,349	TotalAmt
Program Services	$7,097	ProgramServicesAmt
Management And General	$835	ManagementAndGeneralAmt
Fundraising	$417	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$6,850	TotalAmt
Program Services	$5,822	ProgramServicesAmt
Management And General	$685	ManagementAndGeneralAmt
Fundraising	$343	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$30,776	TotalAmt
Program Services	$18,975	ProgramServicesAmt
Management And General	$11,801	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$4,587	TotalAmt
Program Services	$3,899	ProgramServicesAmt
Management And General	$688	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,347	TotalAmt
Program Services	$2,845	ProgramServicesAmt
Management And General	$335	ManagementAndGeneralAmt
Fundraising	$167	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$8,580	TotalAmt
Program Services	$7,293	ProgramServicesAmt
Management And General	$1,287	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$14,261	TotalAmt
Program Services	$12,122	ProgramServicesAmt
Management And General	$1,426	ManagementAndGeneralAmt
Fundraising	$713	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$12,058	TotalAmt
Program Services	$10,249	ProgramServicesAmt
Management And General	$1,809	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$41,768	TotalAmt
Program Services	$41,768	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$9,982	TotalAmt
Program Services	$8,485	ProgramServicesAmt
Management And General	$998	ManagementAndGeneralAmt
Fundraising	$499	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
RESERVE FOR BAD DEBTS	$40,000	$40,000
OTHER GENERAL EXPENSES	$27,587	$23,449	$4,138
CONTRACT LABOR	$22,314	$22,314
SPECIAL PROJECTS	$17,840	$17,840

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$672,053	TotalAmt
Program Services	$582,348	ProgramServicesAmt
Management And General	$66,377	ManagementAndGeneralAmt
Fundraising	$23,328	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,892,746	BOYAmt
EOY	$1,377,492	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,272,402	BOYAmt
EOY	$2,496,460	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$16,771	BOYAmt
EOY	$13,928	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,239,450	BOYAmt
EOY	$600,771	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$28,038	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$28,038	LandBldgEquipAccumDeprecAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,914,371	BOYAmt
EOY	$3,263,346	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,335,740	BOYAmt
EOY	$7,751,997	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$210,020	BOYAmt
EOY	$93,563	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$3,973,418	BOYAmt
EOY	$4,495,686	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$4,183,438	BOYAmt
EOY	$4,589,249	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,152,302	BOYAmt
EOY	$3,162,748	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,152,302	BOYAmt
EOY	$3,162,748	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,335,740	BOYAmt
EOY	$7,751,997	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$654	ReconcilationRevenueExpnssAmt
Donated Services And Use Fclts	$11,100	DonatedServicesAndUseFcltsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$666,411	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$720,850	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$695,023	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$685,918	CurrentTaxYearMinus1YearAmt
Current Tax Year	$663,236	CurrentTaxYearAmt
Total	$3,431,438	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$666,411	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$720,850	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$695,023	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$685,918	CurrentTaxYearMinus1YearAmt
Current Tax Year	$663,236	CurrentTaxYearAmt
Total	$3,431,438	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$3,431,438	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,730	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,046	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,614	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,832	CurrentTaxYearMinus1YearAmt
Current Tax Year	$8,163	CurrentTaxYearAmt
Total	$38,385	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$34,892	CurrentTaxYearMinus1YearAmt
Total	$34,892	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,504,715	TotalSupportAmt
Gross Receipts Rltd Activities	$228,742	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.97910	PublicSupportCY170Pct
Public Support PY170	0.94650	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PART II, LINE 10	FormAndLineReferenceDesc
Explanation	LOAN RECOVERIES 34,892	ExplanationTxt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$28,038	OtherCostOrOtherBasisAmt
Depreciation	$28,038	DepreciationAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
LOANS RECEIVABLE-LONG TERM PORTION	$3,246,566
PREPAID INSURANCE	$13,280
SECURITY DEPOSITS	$3,500

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$3,263,346	TotalBookValueOtherAssetsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$671,399	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$671,399	RevenueSubtotalAmt
Total Revenue Per Form990	$671,399	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$672,053	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$672,053	ExpensesSubtotalAmt
Total Expenses Per Form990	$672,053	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE D, PAGE 3, PART X	FormAndLineReferenceDesc
Explanation	NO UNCERTIAN TAX POSITIONS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	JEANNINE MARSHALL	PersonNm
Title	PRESIDENT	TitleTxt
Base Compensation Filing Org	$164,851	BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org	$25,979	NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org	$190,830	TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSION	TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN MASSACHUSETTS UTILIZING FEDERAL FUNDS FROM USDA INTERMEDIARY RELENDING PROGRAM (IRP), USDA RURAL MICROENTRREPRENEUR (RMAP) AND U.S TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI)
FORM 990, PAGE 6, PART VI, LINE 11B	A FULL COPY OF THE FISCAL YEAR END 990/990 SCHEDULES A & O AS WELL AS A COMPLETE COPY OF THE FORM MASS PC ARE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C	ANNUALLY EACH EMPLOYEE MUST SIGN A STATEMENT SAYING THEY DO NOT HAVE ANY CONFLICTS OF INTEREST.
FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION AT ALL LEVELS IS VOTED UPON BY THE FULL BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION AT ALL LEVELS IS VOTED UPON BY THE FULL BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19	ORGANIZATION ORIGINAL DOCUMENTS, ANNUAL REPORTS & AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.