CAPE & ISLANDS COMMUNITY DEVELOPMENT INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CAPE & ISLANDS COMMUNITY DEVELOPMENT INC (EIN 04-3286347)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-01-06
IRS object ID: 201440139349301639
Schema version: 2012v2.3
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-01-06T08:13:22-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SANDERS WALSH & EATON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX F	AddressLine1
City	OSTERVILLE	City
State	MA	State
ZIP Code	02655	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	043286347	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CAPE & ISLANDS COMMUNITY	BusinessNameLine1
Business Name Line2	DEVELOPMENT INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	CAPE	NameControl
Phone	5087902921	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 PATTI PAGE WAY	AddressLine1
City	CENTERVILLE	City
State	MA	State
ZIP Code	02632	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JEANNINE MARSHALL	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	5087902921	Phone
Date Signed	2013-12-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MICHAEL J WALSH CPA	Name
Phone	5084280790	Phone
Date Prepared	2013-12-16	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JEANNINE MARSHALL	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	5 PATTI PAGE WAY	AddressLine1
City	CENTERVILLE	City
State	MA	State
ZIP Code	02632	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	841507	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.CAPECODCHAMBER.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1995	YearFormation
State Legal Domicile	MA	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN BARNSTABLE, DUKES, AND NANTUCKET COUNTIES ON CAPE COD MASSACHUSETTS UTILIZING FEDERAL FUNDS FROM USDA INTERMEDIARY RELENDING PROGRAM (IRP), USDA RURAL MICROENTRREPRENEUR (RMAP) AND U.S TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI)	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	4	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	741183	ContributionsGrantsPriorYear
Contributions Grants Current Year	275510	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	202051	InvestmentIncomePriorYear
Investment Income Current Year	259938	InvestmentIncomeCurrentYear
Other Revenue Prior Year	255403	OtherRevenuePriorYear
Other Revenue Current Year	306059	OtherRevenueCurrentYear
Total Revenue Prior Year	1198637	TotalRevenuePriorYear
Total Revenue Current Year	841507	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	349736	SalariesEtcPriorYear
Salaries Etc Current Year	356585	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	17980	TotalFundrsngExpCurrentYear
Other Expense Prior Year	277128	OtherExpensePriorYear
Other Expenses Current Year	391210	OtherExpensesCurrentYear
Total Expenses Prior Year	626864	TotalExpensesPriorYear
Total Expenses Current Year	747795	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	571773	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	93712	RevenuesLessExpensesCY
Total Assets BOY	6014874	TotalAssetsBOY
Total Assets EOY	6527765	TotalAssetsEOY
Total Liabilities BOY	3081473	TotalLiabilitiesBOY
Total Liabilities EOY	3500652	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2933401	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	3027113	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN BARNSTABLE, DUKES, AND NANTUCKET COUNTIES ON CAPE COD MASSACHUSETTS UTILIZING FEDERAL FUNDS FROM USDA INTERMEDIARY RELENDING PROGRAM (IRP), USDA RURAL MICROENTRREPRENEUR (RMAP) AND U.S TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI)	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	678688	Expense
Description	ADMINISTERED LOAN PROGRAMS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN BARNSTABLE, DUKES, AND NANTUCKET COUNTIES.	Description
Total Program Service Expense	678688	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	4	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JEANNINE MARSHALL	NamePerson
Telephone Number	5087904980	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5 PATTI PAGE WAY	AddressLine1
City	CENTERVILLE	City
State	MA	State
ZIP Code	02632	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
CHARLES RITCH
PRESIDENT	5.00	X	X	0	0	0
ROBERT TALERMAN
VICE PRES	5.00	X	X	0	0	0
THOMAS KENNEDY
TREASURER	5.00	X	X	0	0	0
JOHN O'BRIEN
CLERK	5.00	X	X	0	0	0
RICHARD NEITZ
DIRECTOR	2.00	X		0	0	0
ROBERT DENN
DIRECTOR	2.00	X		0	0	0
BRADFORD EGAN
DIRECTOR	2.00	X		0	0	0
MICHAEL GIANCOLA
DIRECTOR	2.00	X		0	0	0
PETER RICE
DIRECTOR	2.00	X		0	0	0
MARILYN AGULNICK-HOUSE
DIRECTOR	2.00	X		0	0	0
ALEX RODOLAKIS
DIRECTOR	2.00	X		0	0	0
PETER SMITH
DIRECTOR	2.00	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	151210	GovernmentGrants
All Other Contributions	124300	AllOtherContributions
Noncash Contributions	6000	NoncashContributions
Total Contributions	275510	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	259938	TotalRevenueColumn
Exclusion	$259,938	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
FEE INCOME	160776	160776
INTEREST SUBSIDY	144366	144366
MISCELLANEOUS	917	917

Field	Value	IRS element (for citing)
Total Other Revenue	306059	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	841507	TotalRevenueColumn
Related Or Exempt Function Income	306059	RelatedOrExemptFunctionIncome
Exclusion	$259,938	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	283741	Total
Program Services	241181	ProgramServices
Management And General	28373	ManagementAndGeneral
Fundraising	14187	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	42346	Total
Program Services	35994	ProgramServices
Management And General	4235	ManagementAndGeneral
Fundraising	2117	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	30498	Total
Program Services	25923	ProgramServices
Management And General	3050	ManagementAndGeneral
Fundraising	1525	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	500	Total
Program Services	350	ProgramServices
Management And General	150	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	8500	Total
Program Services	5950	ProgramServices
Management And General	2550	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	13726	Total
Program Services	11667	ProgramServices
Management And General	2059	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	8216	Total
Program Services	6984	ProgramServices
Management And General	1232	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	7550	Total
Program Services	6267	ProgramServices
Management And General	1132	ManagementAndGeneral
Fundraising	151	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	12890	Total
Program Services	10957	ProgramServices
Management And General	1933	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	185948	Total
Program Services	185948	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2950	Total
Program Services	2950	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
SPECIAL PROJECTS	83559	83559
CONTRACT LABOR	38674	38674
OTHER GENERAL EXPENSES	20157	16126	4031
PROFESSIONAL FEES	7339	5137	2202

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1201	Total
Program Services	1021	ProgramServices
Management And General	180	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	747795	Total
Program Services	678688	ProgramServices
Management And General	51127	ManagementAndGeneral
Fundraising	17980	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	711938	BOY
EOY	874947	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1387317	BOY
EOY	932708	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	15000	BOY
EOY	18000	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	664213	BOY
EOY	820798	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3236406	BOY
EOY	3881312	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6014874	BOY
EOY	6527765	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	56770	BOY
EOY	20984	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2887445	BOY
EOY	3340803	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	137258	BOY
EOY	138865	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3081473	BOY
EOY	3500652	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2933401	BOY
EOY	3027113	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2933401	BOY
EOY	3027113	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6014874	BOY
EOY	6527765	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	93712	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	494831	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	752250	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	789591	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	741183	CurrentTaxYearMinus1Year
Current Tax Year	257510	CurrentTaxYear
Total	3035365	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	494831	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	752250	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	789591	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	741183	CurrentTaxYearMinus1Year
Current Tax Year	257510	CurrentTaxYear
Total	3035365	Total

Field	Value	IRS element (for citing)
Public Support Total170	3035365	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	302690	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	309338	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	315263	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	202051	CurrentTaxYearMinus1Year
Current Tax Year	259938	CurrentTaxYear
Total	1389280	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	125628	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	121042	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	152401	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	123476	CurrentTaxYearMinus1Year
Current Tax Year	161693	CurrentTaxYear
Total	684240	Total

Field	Value	IRS element (for citing)
Total Support	5108885	TotalSupport
Gross Receipts From Admissions Etc	306059	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.59410	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.60150	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
LOANS RECEIVABLE-LONGTERM PORTION	3877812
SECURITY DEPOSITS	3500

Field	Value	IRS element (for citing)
Total Book Value Other Assets	3881312	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	NOTES PAYABLE-CURRENT PORTION	Description
Amount	$138,865	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	138865	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	841507	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	841507	RevenueSubtotal
Total Revenue Per Form990	841507	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	747795	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	747795	ExpensesSubtotal
Total Expenses Per Form990	747795	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS OWNERS IN BARNSTABLE, DUKES, AND NANTUCKET COUNTIES ON CAPE COD MASSACHUSETTS UTILIZING FEDERAL FUNDS FROM USDA INTERMEDIARY RELENDING PROGRAM (IRP), USDA RURAL MICROENTRREPRENEUR (RMAP) AND U.S TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI)
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	A COPY OF FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER. FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT A REGULARLY SCHEDULED MEETING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	BOARD MONITORING AND ANNUAL COMPLIANCE.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	FIANCNE COMMITTEE REVIEWS AND RECOMMENDS COMPENSATION TO BOARD FOR EXECUTIVE DIRECTOR.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.