CAPE & ISLANDS COMMUNITY DEVELOPMENT INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: CAPE & ISLANDS COMMUNITY DEVELOPMENT INC (EIN 04-3286347)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2025-10-03
IRS object ID: 202532769349300703
Schema version: 2024v5.0
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	2025-10-03T08:10:04-04:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	841894608	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SANDERS WALSH & EATON CPAS LLC	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	2024-07-01	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	COMMUNITY 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 B	AddressLine1Txt
City	CENTERVILLE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02632	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL HEALY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	5087902921	PhoneNum
Signature	2025-09-30	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROUMIANA S POPJELEVA CPA	PreparerPersonNm
PTIN	P01538168	PTIN
Phone	5084280790	PhoneNum
Preparation	2025-10-02	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MICHAEL HEALY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	139 WOLF POND ROAD	AddressLine1Txt
City	KINGSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02364	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,079,597	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	10	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	6	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$406,526	PYContributionsGrantsAmt
CY Contributions Grants	$799,575	CYContributionsGrantsAmt
PY Program Service Revenue	$972,515	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,128,698	CYProgramServiceRevenueAmt
PY Investment Income	$105,488	PYInvestmentIncomeAmt
CY Investment Income	$68,812	CYInvestmentIncomeAmt
PY Other Revenue	$33,042	PYOtherRevenueAmt
CY Other Revenue	$82,512	CYOtherRevenueAmt
PY Total Revenue	$1,517,571	PYTotalRevenueAmt
CY Total Revenue	$2,079,597	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$684,549	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$786,336	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$42,609	CYTotalFundraisingExpenseAmt
PY Other Expenses	$372,961	PYOtherExpensesAmt
CY Other Expenses	$585,243	CYOtherExpensesAmt
PY Total Expenses	$1,057,510	PYTotalExpensesAmt
CY Total Expenses	$1,371,579	CYTotalExpensesAmt
PY Revenues Less Expenses	$460,061	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$708,018	CYRevenuesLessExpensesAmt
Total Assets BOY	$12,446,092	TotalAssetsBOYAmt
Total Assets EOY	$12,844,702	TotalAssetsEOYAmt
Total Liabilities BOY	$4,701,937	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$4,392,529	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,744,155	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,452,173	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	$1,136,891	ExpenseAmt
Revenue	$1,128,698	RevenueAmt
Desc	ADMINISTER LOAN PROGRAMS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN MASSACHUSETTS.	Desc
Total Program Service Expenses	$1,136,891	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
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
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	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	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 With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
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	5	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	6	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
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	10	GoverningBodyVotingMembersCnt
Independent Voting Member	10	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	MICHAEL HEALY	PersonNm
Phone	5087904980	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	139 WOLF POND ROAD	AddressLine1Txt
City	KINGSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02364	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARY LENIHAN
DIRECTOR	1.00	Yes (X)	$0	$0	$0
MICHAEL GIANCOLA
CHAIRMAN	2.00	Yes (X)	$0	$0	$0	Yes (X)
ADRIANA MOSCHELLA
DIRECTOR	1.00	Yes (X)	$0	$0	$0
CHRISTOPHER MURPHY
TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
MARK SEXTON
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
ROB REISNER
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JEFF HANSEL
DIRECTOR	1.00	Yes (X)	$0	$0	$0
KELLEY SULLIVAN
DIRECTOR	1.00	Yes (X)	$0	$0	$0
ALEX RODOLAKIS
VICE CHAIR	2.00	Yes (X)	$0	$0	$0	Yes (X)
JEANNINE MARSHALL
FORMER PRESI	40.00		$239,240	$0	$28,264		Yes (X)
ERIN PERRY
DIRECTOR	1.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$239,240	TotalReportableCompFromOrgAmt
Total Other Compensation	$28,264	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$799,575	AllOtherContributionsAmt
Total Contributions	$799,575	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LOAN INTEREST & SERVICE FEES	Desc
Business	522200	BusinessCd
Total Revenue Column	$1,128,698	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,128,698	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,128,698	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$68,812	TotalRevenueColumnAmt
Exclusion	$68,812	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Total Revenue Column	$82,512	TotalRevenueColumnAmt
Related Or Exempt Func Income	$82,512	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$82,512	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,079,597	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,211,210	RelatedOrExemptFuncIncomeAmt
Exclusion	$68,812	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$689,287	TotalAmt
Program Services	$585,894	ProgramServicesAmt
Management And General	$68,929	ManagementAndGeneralAmt
Fundraising	$34,464	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$46,894	TotalAmt
Program Services	$39,860	ProgramServicesAmt
Management And General	$4,689	ManagementAndGeneralAmt
Fundraising	$2,345	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$50,155	TotalAmt
Program Services	$42,632	ProgramServicesAmt
Management And General	$5,015	ManagementAndGeneralAmt
Fundraising	$2,508	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,091	TotalAmt
Program Services	$1,091	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$103,944	TotalAmt
Program Services	$16,765	ProgramServicesAmt
Management And General	$87,179	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,515	TotalAmt
Program Services	$11,487	ProgramServicesAmt
Management And General	$1,352	ManagementAndGeneralAmt
Fundraising	$676	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$26,072	TotalAmt
Program Services	$22,161	ProgramServicesAmt
Management And General	$3,911	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$7,966	TotalAmt
Program Services	$6,771	ProgramServicesAmt
Management And General	$797	ManagementAndGeneralAmt
Fundraising	$398	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$18,958	TotalAmt
Program Services	$16,114	ProgramServicesAmt
Management And General	$2,844	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$48,390	TotalAmt
Program Services	$48,390	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,040	TotalAmt
Program Services	$1,734	ProgramServicesAmt
Management And General	$204	ManagementAndGeneralAmt
Fundraising	$102	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$13,231	TotalAmt
Program Services	$9,816	ProgramServicesAmt
Management And General	$2,277	ManagementAndGeneralAmt
Fundraising	$1,138	FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
CREDIT LOSSES	$244,302	$244,302
OTHER GENERAL EXPENSES	$86,178	$73,251	$12,927
OPERATING LEASES	$19,556	$16,623	$1,955	$978

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,371,579	TotalAmt
Program Services	$1,136,891	ProgramServicesAmt
Management And General	$192,079	ManagementAndGeneralAmt
Fundraising	$42,609	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,789,664	BOYAmt
EOY	$2,986,927	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$782,617	BOYAmt
EOY	$1,218,574	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$282,101	BOYAmt
EOY	$33,319	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,418,438	BOYAmt
EOY	$1,190,782	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$6,010	BOYAmt
EOY	$3,264	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$55,787	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$36,045	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$16,354	BOYAmt
EOY	$19,742	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$7,150,908	BOYAmt
EOY	$7,392,094	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,446,092	BOYAmt
EOY	$12,844,702	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$23,831	BOYAmt
EOY	$25,208	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$4,604,688	BOYAmt
EOY	$4,310,157	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$73,418	BOYAmt
EOY	$57,164	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$4,701,937	BOYAmt
EOY	$4,392,529	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,470,678	BOYAmt
EOY	$7,917,776	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$273,477	BOYAmt
EOY	$534,397	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,744,155	BOYAmt
EOY	$8,452,173	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,446,092	BOYAmt
EOY	$12,844,702	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$708,018	ReconcilationRevenueExpnssAmt
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	$179,329	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,554,661	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,317,322	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$406,526	CurrentTaxYearMinus1YearAmt
Current Tax Year	$799,575	CurrentTaxYearAmt
Total	$5,257,413	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$179,329	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,554,661	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,317,322	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$406,526	CurrentTaxYearMinus1YearAmt
Current Tax Year	$799,575	CurrentTaxYearAmt
Total	$5,257,413	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$5,257,413	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,252	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,665	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$51,403	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$105,488	CurrentTaxYearMinus1YearAmt
Current Tax Year	$68,812	CurrentTaxYearAmt
Total	$235,620	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$5,493,033	TotalSupportAmt
Gross Receipts Rltd Activities	$4,715,497	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.95710	PublicSupportCY170Pct
Public Support PY170	0.96360	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 0	ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,000	OtherCostOrOtherBasisAmt
Depreciation	$1,600	DepreciationAmt
Book Value	$10,400	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$40,587	OtherCostOrOtherBasisAmt
Depreciation	$31,245	DepreciationAmt
Book Value	$9,342	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,200	OtherCostOrOtherBasisAmt
Depreciation	$3,200	DepreciationAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$19,742	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
LOANS RECEIVABLE (LONG TERM PORTION)	$7,331,430
OPERATING LEASE ROU ASSET	$57,164
SECURITY DEPOSITS	$3,500

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$7,392,094	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITY	Desc
Amt	$57,164	Amt

Field	Value	IRS element (for citing)
Total Liability	$57,164	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$2,079,597	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$2,079,597	RevenueSubtotalAmt
Total Revenue Per Form990	$2,079,597	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,371,579	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$1,371,579	ExpensesSubtotalAmt
Total Expenses Per Form990	$1,371,579	TotalExpensesPerForm990Amt

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	FORMER PRESIDENT	TitleTxt
Base Compensation Filing Org	$239,240	BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org	$28,264	DeferredCompensationFlngOrgAmt
Total Compensation Filing Org	$267,504	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.