DEVELOPSPRINGFIELD CORPORATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- DEVELOPSPRINGFIELD CORPORATION (EIN 26-3862976)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-11-16
- IRS object ID
- 201533209349306868
- Schema version
- 2014v5.0
- 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 B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T12:37:49-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042713795 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEYERS BROTHERS KALICKA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 WHITNEY AVE SUITE 800 | AddressLine1Txt |
| City | HOLYOKE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01040 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263862976 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEVELOPSPRINGFIELD CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEVE | BusinessNameControlTxt |
| Phone | 4132098808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1182 MAIN STREET | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ABDALLAH MINKARAH | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 4132098808 | PhoneNum |
| Signature | 2015-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RUDY M D'AGOSTINO | PreparerPersonNm |
| PTIN | P00962620 | PTIN |
| Phone | 4135368510 | PhoneNum |
| Preparation | 2015-10-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ABDALLAH MINKARAH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1182 MAIN STREET | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,602,847 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DEVELOPSPRINGFIELD.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2008 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO AID DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN THE CITY OF SPRINGFIELD, MASSACHUSETTS AND AID IN THE DEVELOPMENT, OPERATION AND MANAGEMENT OF FACILITIES AND INFRASTRUCTURE NECESSARY TO SUPPORT THE ECONOMIC VITALITY OF THE CITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $150 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,104,568 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,494,954 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,218 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,748 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,165 | PYOtherRevenueAmt |
| CY Other Revenue | $66,594 | CYOtherRevenueAmt |
| PY Total Revenue | $1,121,951 | PYTotalRevenueAmt |
| CY Total Revenue | $1,568,296 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $55,322 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $212,567 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $346,638 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $386,182 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $39,070 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $461,345 | PYOtherExpensesAmt |
| CY Other Expenses | $359,652 | CYOtherExpensesAmt |
| PY Total Expenses | $863,305 | PYTotalExpensesAmt |
| CY Total Expenses | $958,401 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $258,646 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $609,895 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,326,908 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,868,952 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $208,768 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $140,917 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,118,140 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,728,035 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO AID IN THE SPEEDY AND ORDERLY DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN THE CITY OF SPRINGFIELD, INCLUDING BUT NOT LIMITED TO UNUSED, UNDERUSED OR UNDERDEVELOPED AREAS, AND IN THE DEVELOPMENT, OPERATION, AND MANAGEMENT OF FACILITIES AND INFRASTRUCTURE NECESSARY TO SUPPORT THE ECONOMIC VITALITY OF THE CITY AND OTHER RELATED CHARITABLE PURPOSES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $142,456 | ExpenseAmt |
| Grant | $140,616 | GrantAmt |
| Desc | CORRIDOR STOREFRONT IMPROVEMENT PROGRAM ASSISTING BUSINESSES AND PROPERTY OWNERS TO IMPROVE THE PHYSICAL APPEARANCE OF BUSINESSES AND ENHANCE COMMERCIAL DISTRICTS ALONG TWO PRINCIPAL URBAN CORRIDORS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $189,145 | ExpenseAmt |
| Grant | $71,951 | GrantAmt |
| Desc | TORNADO RELIEF FUND TO REVITALIZE AND CREATE JOBS BY ASSISTING IN THE REDEVELOPMENT OF SUBSTANDARD, DETERIORATED, OR BLIGHTED PROPERTIES AFFECTED OR WITHIN THE PATH OF THE JUNE 1, 2001 TORNADO IN SPRINGFIELD, MASSACHUSETTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $179,281 | ExpenseAmt |
| Desc | SPRINGFIELD INNOVATION CENTER TO CREATE A MIXED-USE HUB OF ENTREPRENEURIAL ACTIVITY THAT INCLUDES CO-WORKING, PRESENTATION, AND FUNCTION SPACES AND SPACE FOR BUSINESS EXPANSION AS ENTREPRENEURS GROW. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $119,273 | STATE STREET REDEVELOPMENT PROGRAMS AND PROJECTS TO REVITALIZATION AND CREATE JOBS THROUGH REDEVELOPMENT OF SUBSTANDARD, DETERIORATED OR BLIGHTED PROPERTIES ALONG THE COMMERCIAL DISTRICT OF STATE STREET IN SPRINGFIELD, MASSACHUSETTS. | |
| $55,785 | MISCELLANEOUS PROGRAMS AND INITIATIVES TO ADVANCE ECONOMIC DEVELOPMENT AND REVITALIZATION WITHIN THE CITY OF SPRINGFIELD, MASSACHUSETTS THROUGH STRATEGIC INVESTMENTS DESIGNED TO STIMULATE JOB GROWTH AND THE REDEVELOPMENT OF SUBSTANDARD, DETERIORATED, OR BLIGHTED PROPERTIES. | $31,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $175,058 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $31,145 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $685,940 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | 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 | JAY MINKARAH | PersonNm |
| Phone | 4132098808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1182 MAIN STREET | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| NICHOLAS FYNTRILAKIS | ||||||
| CHAIR, DIRECTOR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MELINDA PHELPS | ||||||
| VICE CHAIR, DIRECTOR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| J JEFFREY SULLIVAN | ||||||
| TREASURER, DIRECTOR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GARY FIALKY | ||||||
| CLERK, DIRECTOR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GLENN WELCH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL VEDOVELLI | ||||||
| DIRECTOR THRU 4/28/15 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVEN BRADLEY | ||||||
| DIRECTOR THRU 8/26/14 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOSE CLAUDIO | ||||||
| ASST CLERK,DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DALE JANES | ||||||
| ASST TREASURER,DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SUSAN RENEE JOHNSON | ||||||
| DIRECTOR THRU 9/23/14 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRIAN CONNORS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT JACKSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ARMANDO FELICIANO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK CRINELLA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREA LUPPI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DOUG MACMILLAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KELVIN MOLINA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JENNIFER ENDICOTT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PATRICIA SLOCUM | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATIE STEBBINS | ||||||
| DIRECTOR 6/8/15 THRU 8/1/15 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLIE TZOUMAS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAY MINKARAH | ||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | $151,246 | $0 | $15,034 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $151,246 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $15,034 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UTILE INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 KINGSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | PLANNING SERVICES | ServicesDesc |
| Compensation | $155,554 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $79,530 | FundraisingAmt |
| Government Grants | $560,000 | GovernmentGrantsAmt |
| All Other Contributions | $855,424 | AllOtherContributionsAmt |
| Total Contributions | $1,494,954 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,748 | TotalRevenueColumnAmt |
| Exclusion | $6,748 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,295 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,295 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,295 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,145 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $150 | UnrelatedBusinessRevenueAmt |
| Exclusion | $42,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $27,850 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $79,530 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $34,551 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,701 | TotalRevenueColumnAmt |
| Exclusion | -$6,701 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,568,296 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,145 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $150 | UnrelatedBusinessRevenueAmt |
| Exclusion | $42,047 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,567 | TotalAmt |
| Program Services | $212,567 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,669 | TotalAmt |
| Program Services | $118,935 | ProgramServicesAmt |
| Management And General | $25,274 | ManagementAndGeneralAmt |
| Fundraising | $4,460 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,458 | TotalAmt |
| Program Services | $88,728 | ProgramServicesAmt |
| Management And General | $50,544 | ManagementAndGeneralAmt |
| Fundraising | $27,186 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,818 | TotalAmt |
| Program Services | $6,483 | ProgramServicesAmt |
| Management And General | $2,358 | ManagementAndGeneralAmt |
| Fundraising | $977 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,897 | TotalAmt |
| Program Services | $19,150 | ProgramServicesAmt |
| Management And General | $9,303 | ManagementAndGeneralAmt |
| Fundraising | $4,444 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,340 | TotalAmt |
| Program Services | $20,778 | ProgramServicesAmt |
| Management And General | $5,559 | ManagementAndGeneralAmt |
| Fundraising | $2,003 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,169 | TotalAmt |
| Management And General | $5,169 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,200 | TotalAmt |
| Management And General | $7,200 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,261 | TotalAmt |
| Program Services | $160,468 | ProgramServicesAmt |
| Management And General | -$207 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,674 | TotalAmt |
| Program Services | $1,010 | ProgramServicesAmt |
| Management And General | $7,664 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,823 | TotalAmt |
| Management And General | $5,823 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,560 | TotalAmt |
| Management And General | $7,560 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,476 | TotalAmt |
| Program Services | $13,013 | ProgramServicesAmt |
| Management And General | $6,463 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,587 | TotalAmt |
| Management And General | $3,587 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,245 | TotalAmt |
| Management And General | $2,245 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,380 | TotalAmt |
| Management And General | $3,380 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,611 | TotalAmt |
| Program Services | $16,735 | ProgramServicesAmt |
| Management And General | $7,876 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| REPAIRS & MAINT. | $21,684 | $21,684 |
| POSTAGE / PRINTING | $5,944 | $5,944 |
| SUPPLIES | $2,771 | $2,771 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,267 | TotalAmt |
| Program Services | $28,073 | ProgramServicesAmt |
| Management And General | $53,194 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $958,401 | TotalAmt |
| Program Services | $685,940 | ProgramServicesAmt |
| Management And General | $233,391 | ManagementAndGeneralAmt |
| Fundraising | $39,070 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,406,299 | BOYAmt |
| EOY | $977,133 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,374 | BOYAmt |
| EOY | $301,132 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $26,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,691 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,715 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,356 | BOYAmt |
| EOY | $9,976 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,468,458 | BOYAmt |
| EOY | $3,333,104 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $215,421 | BOYAmt |
| EOY | $220,807 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,326,908 | BOYAmt |
| EOY | $4,868,952 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,368 | BOYAmt |
| EOY | $63,823 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,400 | BOYAmt |
| EOY | $1,500 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $75,594 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,768 | BOYAmt |
| EOY | $140,917 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,558,709 | BOYAmt |
| EOY | $3,254,235 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,559,431 | BOYAmt |
| EOY | $1,473,800 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,118,140 | BOYAmt |
| EOY | $4,728,035 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,326,908 | BOYAmt |
| EOY | $4,868,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $609,895 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
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 | $470,075 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,626,387 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $943,263 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,104,568 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,494,954 | CurrentTaxYearAmt |
| Total | $6,639,247 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $470,075 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,626,387 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $943,263 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,104,568 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,494,954 | CurrentTaxYearAmt |
| Total | $6,639,247 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,574,886 | SubstantialContributorsTotAmt |
| Public Support Total170 | $3,064,361 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,862 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,507 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,532 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,968 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $48,748 | CurrentTaxYearAmt |
| Total | $97,617 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $47,955 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,847 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $150 | CurrentTaxYearAmt |
| Total | $94,952 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,831,816 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $32,956 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.44850 | PublicSupportCY170Pct |
| Public Support PY170 | 0.46420 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,758 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,879 | DepreciationAmt |
| Book Value | $1,879 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,933 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,836 | DepreciationAmt |
| Book Value | $8,097 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,976 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REAL ESTATE HELD FOR DEVELOPMENT | Desc |
| Book Value | $3,333,104 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $3,333,104 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,620,847 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $18,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $34,551 | OtherRevenueAmt |
| Revenue Not Reported | $52,551 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,568,296 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,568,296 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,010,952 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $18,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $34,551 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $52,551 | ExpensesNotReportedAmt |
| Expenses Subtotal | $958,401 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $958,401 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | TENANT SECURITY DEPOSITS |
| PART X, LINE 2: | THE ORGANIZATION IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. A TAX POSITION IS DEEMED TO INCLUDE SUCH THINGS AS THE ORGANIZATION'S TAX EXEMPT STATUS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2012. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISER EXPENSES NETTED WITH INCOME 34,551. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISER EXPENSES NETTED WITH INCOME 34,551. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECONOMIC DEVELOPMENT ASSISTANCE CONSORTIUM | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 MERCHANTS ROW | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | GRANT WRITING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $20,000 | RetainedByContractorAmt |
| Net To Organization | -$20,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $20,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$20,000 | TotalNetToOrganizationAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL GALA | Event1Nm |
| Gross Receipts Event1 | $107,380 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $79,530 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $27,850 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $4,425 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $500 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $28,463 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $300 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $863 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $107,380 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $79,530 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $27,850 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $4,425 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $500 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $28,463 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $300 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $863 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $34,551 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,701 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| CORRIDOR STORE IMPROVEMENT GRANT | 5 | $140,616 |
| CURB APPEAL PROGRAM | 16 | $71,951 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT RECIPIENTS ARE REQUIRED TO MATCH 25% OF THE COST OF THE PROJECT WITH THEIR OWN SOURCE OF FUNDING. DISBURSEMENT OF GRANTS WILL NOT TAKE PLACE UNTIL SUCCESSFUL COMPLETION OF THE PROJECT AND PAYMENT OF ALL ASSOCIATED VENDORS BY THE APPLICANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAY MINKARAH | PersonNm |
| Title | PRESIDENT/CEO | TitleTxt |
| Base Compensation Filing Org | $136,246 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $15,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $15,034 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $166,280 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | BYLAWS WERE AMENDED TO INCREASE THE SIZE OF THE BOARD FROM 18 TO 21 MEMBERS AND THE PURPOSE CLAUSE OF THE ARTICLES OF ORGANIZATION WAS AMENDED BY ADDING: "WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE PURPOSES OF THE CORPORATION SHALL INCLUDE ECONOMIC DEVELOPMENT, JOB CREATION, IMPROVEMENT OF NEIGHBORHOODS AND ELIMINATION OF BLIGHT IN THE CITY OF SPRINGFIELD" |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CLASS A MEMBER IS THE SPRINGFIELD REDEVELOPMENT AUTHORITY ("SRA") WHICH ACTS BY MAJORITY VOTE OF THE COMMISSIONERS OF THE SRA. ALL INDIVIDUAL MEMBERS OF THE BOARD ARE CLASS B MEMBERS. ACTIONS OF THE CLASS B MEMBERS REQUIRE A SUPERMAJORITY VOTE OF TWO-THIRDS OF THE MEMBERS. THE MEMBERS HAVE THE RIGHTS UNDER MASSACHUSETTS LAW, INCLUDING THE RIGHT TO AMEND BYLAWS AND ARTICLES OF ORGANIZATION AND APPROVE CORPORATE CONSOLIDATION, MERGER OR DISSOLUTION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE SECRETARY OF HOUSING AND ECONOMIC DEVELOPMENT OF THE COMMONWEALTH OF MASSACHUSETTS HAS THE POWER TO APPOINT ONE BOARD MEMBER. THE SPRINGFIELD REDEVELOPMENT AUTHORITY HAS THE POWER TO APPOINT ONE DIRECTOR. ANOTHER BOARD MEMBER IS THE CHIEF DEVELOPMENT OFFICER FOR THE CITY OF SPRINGFIELD. THE MAYOR OF THE CITY OF SPRINGFIELD HAS THE POWER TO APPOINT ONE THIRD OF THE REMAINING BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WILL BE REVIEWED BY THE TREASURER AND CHAIRPERSON PRIOR TO BEING PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND ON AN ANNUAL BASIS MUST SIGN THE STATEMENT THAT THEY ARE IN COMPLIANCE WITH THE POLICY |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION WAS DETERMINED BASED ON RESEARCH OF SALARY GUIDES FOR SIMILIAR POSITION AND ORGANIZATION BASED ON THE EXPERIENCE OF THE INDIVIDUAL THROUGH VARIOUS ON LINE RESOURCES AND GUIDANCE FROM MEMBERS OF THE BOARD OF DIRCTORS. |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST |
| FORM 990, PART IX, LINE 11G | CONTRACT SERVICES : PROGRAM SERVICE EXPENSES 160,468. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 160,468. ENVIRONMENTAL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -834. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -834. OTHER FEES FOR SERVICE - MANAGEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 627. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 627. |
| PART XII, LINE 2C: | THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRATEGIC ACQUISITIONS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1182 MAIN STREET | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 001098317 | EIN |
| Primary Activities | TO ACQUIRE OWN AND MANAGE REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEVELOPSPRINGFIELD CORPORATION | BusinessNameLine1Txt |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DS MARKETS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1183 MAIN STREET | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473374867 | EIN |
| Primary Activities | OPERATION OF A FOOD SUPERMARKET | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRATEGIC ACQUISITIONS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionTypeTxt |
| Involved | $560,900 | InvolvedAmt |
| Method Of Amount Determination | ASSESSED VALUE OF THE PROPERTY | MethodOfAmountDeterminationTxt |