CAMBRIDGE CREDIT COUNSELING CORP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CAMBRIDGE CREDIT COUNSELING CORP (EIN 04-3337726)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-12
- IRS object ID
- 201243179349300534
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-12T07:06:45-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SA Koenig & Associates CPAs PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 485 Underhill Blvd Ste 100 | AddressLine1 |
| City | Syosset | City |
| State | NY | State |
| ZIP Code | 11791 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043337726 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE CREDIT COUNSELING CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CAMB | NameControl |
| Phone | 4138218900 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 HUNT STREET | AddressLine1 |
| City | AGAWAM | City |
| State | MA | State |
| ZIP Code | 01001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTOPHER A VIALE | Name |
| Title | PRESIDENT, CEO | Title |
| Date Signed | 2012-11-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steven A Koenig | Name |
| Phone | 5169216480 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6856501 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CAMBRIDGECREDIT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION SPECIALIZES IN PROVIDING EDUCATION AND COUNSELING SERVICES TO INDIVIDUALS AND GROUPS WHO ARE CONCERNED ABOUT THEIR FINANCIAL SITUATION. IF APPROPRIATE, THE ORGANIZATION ALSO HELPS INDIVIDUALS ESTABLISH AFFORDABLE AND CONVENIENT DEBT MANAGEMENT PLANS TO HELP THEM REPAY THEIR DEBTS IN A TIMELY MANNER. AS A HUD-APPROVED HOUSING COUNSELING AGENCY, THE ORGANIZATION ALSO PROVIDES PRE- AND POST-PURCHASE COUNSELING, RENTAL AND REVERSE MORTGAGE COUNSELING, AND FORECLOSURE INTERVENTION AND DEFAULT COUNSELING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 65 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 916040 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 886508 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 6252955 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5969967 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 39 | InvestmentIncomePriorYear |
| Investment Income Current Year | 26 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 54584 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7223618 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6856501 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4068122 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4131019 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2352046 | OtherExpensePriorYear |
| Other Expenses Current Year | 2869409 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6420168 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7000428 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 803450 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -143927 | RevenuesLessExpensesCY |
| Total Assets BOY | 8376821 | TotalAssetsBOY |
| Total Assets EOY | 8533291 | TotalAssetsEOY |
| Total Liabilities BOY | 3789324 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4089721 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4587497 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4443570 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE ORGANIZATION SPECIALIZES IN PROVIDING EDUCATION AND COUNSELING SERVICES TO INDIVIDUALS AND GROUPS WHO ARE CONCERNED ABOUT THEIR FINANCIAL SITUATION. IF APPROPRIATE, THE ORGANIZATION ALSO HELPS INDIVIDUALS ESTABLISH AFFORDABLE AND CONVENIENT DEBT MANAGEMENT PLANS TO HELP THEM REPAY THEIR DEBTS IN A TIMELY MANNER. AS A HUD-APPROVED HOUSING COUNSELING AGENCY, THE ORGANIZATION ALSO PROVIDES PRE- AND POST-PURCHASE COUNSELING, RENTAL AND REVERSE MORTGAGE COUNSELING, AND FORECLOSURE INTERVENTION AND DEFAULT COUNSELING. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1982072 | Expense |
| Description | Individualized Educational Financial Counseling - Cambridge's tax-exempt status is based on the provision of financial education to the public. The organization's primary method of fulfilling this exempt purpose was accomplished through the provision of 29,597 individual educational financial counseling sessions.Cambridge provides financial counseling, education and debt management programs to individuals in 46 states. Every individual who requests assistance from the organization is given the opportunity to participate in a comprehensive evaluation of his or her financial circumstances, conducted by one of the organization's thirty-three AFCPE-certified credit counselors. The AFCPE, or Association for Financial Counseling and Planning Education, is the preferred certification program provider of the Association of Independent Consumer Credit Counseling Agencies. Cambridge's financial analysis is aimed at identifying the best course of action for each individual, and it allows the Cambridge counselor to provide education and budgeting information appropriate to each person's circumstances. This assessment, which is performed at no cost and without obligation, is based on AFCPE and statutory requirements for identifying an individual's current financial condition, and, when appropriate, techniques are used to discover the factors and behaviors that may be contributing to the individual's circumstances. To help ensure that all debts are discussed and to verify the accuracy of the account information provided, Cambridge has established an arrangement with TransUnion that allows Cambridge counselors to review each individual's credit report at no cost to the individual. On the basis of the information developed during the counseling session and through documentation of income and expenses, an appropriate Action Plan will be created and provided to the assessed individual. If a financial assessment indicates that the consumer would not reasonably be able to alleviate his or her debt without significant creditor concessions, Cambridge will offer the option of enrolling in its educational debt management plan ("DMP") program to help the individual establish an affordable and convenient plan to repay his or her current debts in a timely manner. If, on the other hand, creditor concessions are unlikely or unnecessary under the assessed individual's circumstances, the counselor will advise the individual of any other appropriate steps that he or she may take to address his or her financial condition. Regardless of the individual's enrollment, however, all consumers are encouraged to participate in post-counseling sessions with Cambridge counselors, and are also provided with the most current editions of Cambridge's free financial management guides and DVD, which the public may also access on Cambridge's websites, www.cambridgecredit.org and www.goodpayer.com. In 2011, Cambridge provided 29,597 individual counseling sessions. Of the roughly 15,000 individuals who contacted our agency for the first time in 2011, 2,695 (approximately 18%) enrolled in Cambridge's DMP program. For these 2,695 individuals, DMP enrollment is only one aspect of Cambridge's educational counseling program.As the Consumer Federation of America, American Express, and the Georgetown University Credit Research Center noted in a joint 2006 report entitled "Evaluating the Effects of Credit Counseling,"(the "CFA Report") effective debt management plans must contain a meaningful educational component. The effect of this education was evidenced by "significantly improved credit profiles" and a reduced risk of bankruptcy filing, which the report attributed to "the DMP experience itself, e.g., budgeting to make regular DMP payments, continued interaction with and reinforcement from the counseling agency." Cambridge's policy of providing extensive follow-up, or "Post-Counseling," sessions for all consumers who receive a financial assessment and budget review is consistent with the conclusions of the CFA report: participation in a debt management plan provides an educational benefit for the individual, particularly when contact with the counselor is extended throughout the period of enrollment. Furthermore, the data presented in Cambridge's Transparency Reports supports this approach. Clients who actively participate in post-counseling sessions are more likely to adopt healthier budgeting practices and to begin saving money. Although a DMP can be instrumental in helping individuals become debt-free in a five-year timeframe, enrollment alone does not prevent individuals from reverting to previous behaviors, attitudes and spending patterns that resulted in the need to contact a counseling agency. For this reason, Cambridge's counselors provide three post-counseling sessions within an individual's first 90 days of enrollment, and then again every six months thereafter.The first three post-counseling sessions are designed to help build a productive and trusting relationship with the participant, and to help the participant recognize that Cambridge intends to extend its educational efforts beyond the initial counseling period. Counseling sessions are held with each new participant after the third, seventh, and eleventh week of enrollment to determine whether or not the individual has begun to follow his or her Action Plan, to offer encouragement and advice to help them take the steps that have been recommended, and to offer additional counseling for any issues that may not have been introduced previously. After these initial post-counseling sessions, each participant will receive a Financial Checkup from his or her counselor every six months for the duration of their enrollment in the program. In addition to addressing the participant's particular issues, these follow-up calls continue building the participant's financial skills by emphasizing the need to create and follow working budgets, to record all expenses, to implement appropriate savings plans, and to develop realistic short- and long-term financial goals.In addition, within 45 days' of the initial request for assistance, Cambridge counselors also contact each individual whose financial assessment indicates that DMP enrollment would either not be necessary or for whom creditors would be unlikely to grant sufficient concessions. This is done to verify that the individual has received all of the free educational materials provided by Cambridge and, more important, that the individual has begun to utilize the tools and advice that his or her counselor provided in the individual's Action Plan. The consumer is encouraged to access the company's educational websites and to continue to use his or her counselor as a financial education resource, at no cost or obligation.The impact of Cambridge's post-counseling program has been significant. Cambridge's most recent statistics indicate that more than 86% of new program participants have begun to track expenses and develop new budgets by their fourth month of enrollment, taking the first steps toward re-establishing positive payment histories. This often represents a remarkable accomplishment for these individuals, whose credit reports show evidence that their record of inconsistent payments resulted in the higher interest rates and late fees that compounded their financial difficulties. Perhaps even more indicative of the results of Cambridge's post-counseling program are the survey responses gathered through Iota Solutions, a third party, which indicate that 89% of long-term program participants continue to track their expenses, while 76% review their budgets every six months.In 2011, Cambridge's counselors conducted 11,302 one-on-one post-counseling sessions for individuals already enrolled in the Cambridge DMP program.While these services are very beneficial to individuals who decide to enroll in the program, Cambridge has also developed educational tools and programs for individuals who do not enroll in the Cambridge DMP program. In 2011, Cambridge provided sessions for 18,295 individuals who chose not to enroll in the Cambridge DMP program. These individuals were among the 43,592 people who each received copies of free educational materials from Cambridge, including: guidebooks, DVDs, relevant articles, and video links. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1947452 | Expense |
| Description | FINANCIAL LITERACY EDUCATION - Cambridge offers no-cost financial management education to individuals in a number of different ways. Cambridge provides outreach programs to members of its local community, including a number of non-profit social service agencies. Cambridge also offers financial management seminars and lesson plans to colleges and high schools, both locally and nationally. In addition, Cambridge provides a number of free online resources, including financial calculators, videos, guidebooks, informational articles, and budgeting tools. Finally, and perhaps most important, Cambridge provides comprehensive one-on-one financial assessments and counseling to any individual interested in improving his or her understanding of sound credit and debt management principles. The results of Cambridge's financials assessments indicate that 15-20% of participants would be incapable of alleviating their own debt in less than five years without significant creditor concessions. Cambridge believes that, of the remaining 80-85% of individuals who have problems with money management and debt, the majority lack a basic understanding of the fundamentals of personal finance, a subject that, unfortunately, is rarely taught in America's classrooms. In fact, only thirteen states currently make financial education a requirement for high school graduation. While young adults have been targeted by credit card issuers, few have the proper education, resources or tools to make informed decisions and establish responsible credit practices. It should come as little surprise then that many young adults need some form of financial assistance five, ten or twenty years down the road. Studies by the GAO and the Boston Bar Association's Task Force on Financial Literacy each confirm that young people in the post-college years are filing for bankruptcy at an alarming rate, the result of receiving too much credit, too soon, and with too little guidance on how to use it. Cambridge is committed to changing this trend, and to improving the lives of Americans by providing the education they need. In its local community, Cambridge has also designed a personal finance unit for the Springfield, Massachusetts, public school system's School-to-Career initiative, and Cambridge's Education Department staff continues to provide educational materials and classroom speakers for the Westover Job Corps, the largest vocational training program for young people in Massachusetts. Cambridge also conducts seminars for several local colleges, including one program specifically designed for low-income, first-generation college students at American International College. In 2011, the Cambridge Education Department presented 563 free financial seminars to 6,372 individuals throughout Cambridge's community. Additionally, in 2011, Cambridge expanded the number and variety of free educational content that Cambridge placed on the internet. In 2011, Cambridge added 40 new educational videos to the 144 videos already available online at www.youtube.com/cambridgecredit. Cambridge's 184 videos were viewed a total of 32,768 times in 2011. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 628525 | Expense |
| Description | Housing Counseling - In 2010, after a comprehensive application and on-site examination process, Cambridge became a HUD-approved housing counseling agency. Nearly half of Cambridge's counselors now hold one or more NeighborWorks certifications in foreclosure prevention counseling, pre- and post-purchase counseling, rental, and reverse mortgage counseling. The vast majority of these services are provided for free to the public. (Cambridge's reverse mortgage counseling fee of $125 is in keeping with HUD guidelines but can be waived, and participants in Cambridge's eight-hour pre-purchase class pay a nominal fee of $50 for materials.) Cambridge's reverse mortgage counseling program has also been approved by the Massachusetts Executive Office of Elder Affairs. To date, Cambridge has provided housing counseling services to more than 3,058 homeowners. In 2011, Cambridge provided 251 free one-on-one foreclosure prevention counseling sessions. Additionally, 56 prospective homebuyers attended Cambridge's pre-purchase classes, of which 38 subsequently received free educational financial counseling from Cambridge. Finally, during 2011, Cambridge provided 1,091 reverse mortgage counseling sessions.Bankruptcy Counseling - In the fall of 2011, following another round of applications and examination, Cambridge received approval from the Executive Office for United States Trustees to provide credit counseling and debtor education services to financially troubled consumers who are considering bankruptcy or who are awaiting the discharge of their debt. In 2011, Cambridge provided pre-filing credit counseling sessions for 111 individuals, and Cambridge provided pre-discharge debtor education courses to 23 individuals. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4558049 | 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 | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | 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 | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| 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 | true | 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 17 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 65 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| 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 | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THOMAS W HEBERT | NamePerson |
| Telephone Number | 4132412400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 HUNT STREET | AddressLine1 |
| City | AGAWAM | City |
| State | MA | State |
| ZIP Code | 01001 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| SALVATORE J PIZZANELLI CPA | |||||||
| DIRECTOR | 5.00 | X | 24050 | 0 | 48 | ||
| JOHN J KRAWCZYNSKI CPA | |||||||
| DIRECTOR | 5.00 | X | 29700 | 0 | 48 | ||
| JOHN D CONNOR ESQ | |||||||
| DIRECTOR | 5.00 | X | 28750 | 0 | 48 | ||
| DEAN R O'KEEFE | |||||||
| DIRECTOR | 5.00 | X | 26050 | 0 | 48 | ||
| JOHN H DLUGOENSKI | |||||||
| DIRECTOR | 5.00 | X | 23700 | 0 | 48 | ||
| LIAM P REYNOLDS | |||||||
| DIRECTOR | 5.00 | X | 26400 | 0 | 48 | ||
| ALFRED H COLONNA JR | |||||||
| Chairman | 24.00 | X | 68400 | 0 | 2106 | ||
| TRACY J GUAY | |||||||
| SR. EXEC. ASST. | 39.00 | 75849 | 0 | 356 | X | ||
| THOMAS W HEBERT | |||||||
| TREASURER, CFO | 39.00 | 154680 | 0 | 718 | X | ||
| CHRISTOPHER A VIALE | |||||||
| PRESIDENT, CEO | 39.00 | 303253 | 0 | 8235 | X | ||
| WILLIAM C SOLE | |||||||
| PROJECT MANAGER | 39.00 | 106991 | 0 | 7076 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 867823 | TotalReportableCompFromOrg |
| Total Other Compensation | 18779 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| TROBEC CONSULTING LLC | |||||
| 5009 SHIMBURG PLACE | FUQUAYVARINA | NC | 27526 | INFORMATION SYSTEMS | 313035 |
| TARGET & RESPONSE INC | |||||
| 420 NORTH WABASH AVESUITE 201 | CHICAGO | IL | 606113569 | PUBLIC OUTREACH | 125000 |
| PINE CREEK AGAWAM LP | |||||
| 380 UNION STREET SUITE 300 | WEST SPRINGFIELD | MA | 01089 | FACILITIES MGT | 252927 |
| HEALTH NEW ENGLAND INC | |||||
| PO BOX 415425 | BOSTON | MA | 022415425 | HEALTH CARE PROVIDER | 283741 |
| AMHERST ENTERPRISES LTD | |||||
| 84 WALWORTH AVE | SCARSDALE | NY | 10583 | PUBLIC OUTREACH | 135000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| All Other Contributions | 886508 | AllOtherContributions |
| Total Contributions | 886508 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| PROGRAM SERVICE FEES | 3485413 | 3485413 |
| PAYMENT DESIGN FEES | 90630 | 90630 |
| HOUSING COUNSELING REVENU | 305437 | 305437 |
| FAIR SHARE REVENUES | 2084233 | 2084233 |
| BANKRUPTCY FEES | 4254 | 4254 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5969967 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26 | TotalRevenueColumn |
| Exclusion | $26 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6856501 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5969967 | RelatedOrExemptFunctionIncome |
| Exclusion | $26 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 866139 | Total |
| Program Services | 144003 | ProgramServices |
| Management And General | 722136 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2775843 | Total |
| Program Services | 2275294 | ProgramServices |
| Management And General | 500549 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 191483 | Total |
| Program Services | 135656 | ProgramServices |
| Management And General | 55827 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 297554 | Total |
| Program Services | 210801 | ProgramServices |
| Management And General | 86753 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87010 | Total |
| Management And General | 87010 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5375 | Total |
| Management And General | 5375 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 140892 | Total |
| Management And General | 140892 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86439 | Total |
| Program Services | 61239 | ProgramServices |
| Management And General | 25200 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320588 | Total |
| Program Services | 227119 | ProgramServices |
| Management And General | 93469 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252927 | Total |
| Program Services | 179185 | ProgramServices |
| Management And General | 73742 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94996 | Total |
| Program Services | 53434 | ProgramServices |
| Management And General | 41562 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92905 | Total |
| Management And General | 92905 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 234977 | Total |
| Program Services | 166469 | ProgramServices |
| Management And General | 68508 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88907 | Total |
| Program Services | 62986 | ProgramServices |
| Management And General | 25921 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TELEPHONE | 106290 | 75301 | 30989 |
| SETTLEMENTS | 250000 | 250000 | |
| PUBLIC OUTREACH | 681435 | 681435 | |
| Postage and Shipping | 81957 | 58062 | 23895 |
| EQUIPMENT LEASE | 130788 | 92656 | 38132 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213923 | Total |
| Program Services | 134409 | ProgramServices |
| Management And General | 79514 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7000428 | Total |
| Program Services | 4558049 | ProgramServices |
| Management And General | 2442379 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 444652 | BOY |
| EOY | 506259 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 209 | BOY |
| EOY | 200 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47058 | BOY |
| EOY | 207543 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150984 | BOY |
| EOY | 137775 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1243387 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 675834 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 619957 | BOY |
| EOY | 567553 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7113961 | BOY |
| EOY | 7113961 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8376821 | BOY |
| EOY | 8533291 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1072834 | BOY |
| EOY | 1298605 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 567046 | BOY |
| EOY | 721799 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1869083 | BOY |
| EOY | 1802546 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 280361 | BOY |
| EOY | 266771 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3789324 | BOY |
| EOY | 4089721 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4587497 | BOY |
| EOY | 4443570 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4587497 | BOY |
| EOY | 4443570 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8376821 | BOY |
| EOY | 8533291 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -143927 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 360340 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1489578 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1144748 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 916040 | CurrentTaxYearMinus1Year |
| Current Tax Year | 886508 | CurrentTaxYear |
| Total | 4797214 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9376556 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6789092 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5956293 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6252955 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5969967 | CurrentTaxYear |
| Total | 34344863 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9736896 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8278670 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7101041 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7168995 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6856475 | CurrentTaxYear |
| Total | 39142077 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 39142077 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1653 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1382 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 482 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26 | CurrentTaxYear |
| Total | 3582 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1653 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1382 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 482 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26 | CurrentTaxYear |
| Total | 3582 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 957898 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 237830 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 197797 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 54584 | CurrentTaxYearMinus1Year |
| Total | 1448109 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10696447 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8517882 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7299320 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7223618 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6856501 | CurrentTaxYear |
| Total | 40593768 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.96420 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.96950 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00010 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00010 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27294 | OtherCostOrOtherBasis |
| Depreciation | 14788 | Depreciation |
| Book Value | 12506 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 213700 | OtherCostOrOtherBasis |
| Depreciation | 124950 | Depreciation |
| Book Value | 88750 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1002393 | OtherCostOrOtherBasis |
| Depreciation | 536096 | Depreciation |
| Book Value | 466297 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 567553 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTANGIBLE ASSET | Description |
| Book Value | 7113961 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 7113961 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PAYROLL & RELATED COSTS PAYABLE | Description |
| Amount | $266,771 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 266771 | TotalOfAmounts |
| Total Revenue | 6856501 | TotalRevenue |
| Total Expenses | 7000428 | TotalExpenses |
| Excess Or Deficit For Year | -143927 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -143927 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6856501 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 6856501 | RevenueSubtotal |
| Total Revenue Per Form990 | 6856501 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7000428 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 7000428 | ExpensesSubtotal |
| Total Expenses Per Form990 | 7000428 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part IV, Line 2b | Identifier |
| Return Reference | Part IV, Line 2b: Explanation of escrow account liability | ReturnReference |
| Explanation | FUNDS RECEIVED FROM CLIENTS FOR DISBURSEMENTS TO THIRD PARTIES ARE REFLECTED AS A LIABILITY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|
| THOMAS W HEBERT | ||
| 154680 | 718 | 155398 |
| CHRISTOPHER A VIALE | ||
| 303253 | 8235 | 311488 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | AMY VIALE | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | MARRIED TO PRES | Relationship |
| Amount Of Transaction | 42161 | AmountOfTransaction |
| Description Of Transaction | EMPLOYEE | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART 1, LINE 1-ORGANIZATION | HELP THEM REPAY THEIR DEBTS IN A TIMELY MANNER. AS A HUD-APPROVED HOUSING COUNSELING AGENCY, THE ORGANIZATION ALSO PROVIDES PRE- AND POST-PURCHASE COUNSELING, RENTAL AND REVERSE MORTGAGE COUNSELING, AND FORECLOSURE INTERVENTION AND DEFAULT COUNSELING. | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE ON OUR WEBSITE FOR THE GENERAL PUBLIC TO VIEW.FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.THE TAX FORMS ARE AVAILABLE UPON REQUEST OR BY VISITING WWW.GUIDESTAR.ORG. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | ANNUALLY, THE CHAIRMAN OF THE BOARD DISCUSSES THE CONFLICT OF INTEREST POLICY WITH THE BOARD MEMBERS AND CORPORATE OFFICERS AND REQUESTS COMPLETION OF A CONFLICT OF INTEREST STATEMENT INCLUDING ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. CONFLICTS DISCLOSED ARE REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE CHAIR OF THE GOVERNANCE COMMITTEE. ANY ADDITIONS TO POTENTIAL OR ACTUAL CONFLICTS OF INTEREST WOULD BE COMMUNICATED TO THE PRESIDENT OF THE COMPANY FOR MONITORING PROPOSED AND ON-GOING TRANSACTIONS DURING THE YEAR. IF THERE ARE POTENTIAL TRANSACTIONS THAT WOULD CREATE A CONFLICT OF INTEREST, THE BOARD MEMBER WITH THE CONFLICT IS PROHIBITED FROM VOTING ON THE ISSUE. CURRENTLY, ALL BOARD MEMBERS AND CORPORATE OFFICERS ARE COVERED BY THE POLICY. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | AFTER THE PREPARED RETURN HAS BEEN APPROVED BY THE CFO AND THE PRESIDENT, IT IS SUBMITTED TO EACH MEMBER OF THE BOARD OF DIRECTORS ACCOMPANIED BY A DOCUMENT TITLED BOARD REVIEW OF FORM 990. THIS ACCOMPANYING DOCUMENT, PREPARED BY THE CFO, DRAWS THE BOARD'S ATTENTION TO THE INFORMATION THEY NEED TO FOCUS ON IN ORDER TO MEET THEIR OVERSIGHT RESPONSIBILITIES. THEY ARE PRESENTED WITH THE OPPORTUNITY TO ASK QUESTIONS PRIOR TO THE RETURN BEING FILED. | Form 990, Part VI, Line 11 |