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Nonprofiteer
← BIRMINGHAM GROUP REALTY INC

Form 990 for tax year 2023

Filed by BIRMINGHAM GROUP REALTY INC.

Totals

Total revenue
$9,178,804
Total expenses
$834,213
Contributions and grants received
$8,519,750
Grants paid
$0
Program service revenue
$659,054
Investment income
$0
Other revenue
$0
Total assets, end of year
$17,740,204
Total liabilities, end of year
$3,700,362
Net assets or fund balances, end of year
$14,039,842
Program services expenses (Part IX)
$691,425
Management and general expenses
$142,788
Fundraising expenses
$0
Program service expenses (Part III)
$691,425

Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $8,519,750

  • 2a · Program service revenue: Rental Income

    total $281,264 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Rental Income

    total $377,790 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $142,788 · program services $0 · management and general $142,788 · fundraising $0

  • 11b · Fees: legal

    total $4,772 · program services $4,772 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $2,500 · program services $2,500 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $50 · program services $50 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $77 · program services $77 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $377,110 · program services $377,110 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $306,866 · program services $306,866 · management and general $0 · fundraising $0

  • 24a · Other expenses: Annual Report Filing

    total $50 · program services $50 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $199,207 · end of year $200,332

  • 4 · Accounts receivable

    beginning of year $550 · end of year $325

  • 9 · Prepaid expenses and deferred charges

    beginning of year $90,451 · end of year $161,392

  • 10a · Land, buildings and equipment: cost or other basis

    $20,901,370

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,663,639

  • 10c · Land, buildings and equipment, net

    beginning of year $5,930,828 · end of year $16,237,731

  • 15 · Other assets

    beginning of year $83,336 · end of year $1,140,424

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,545 · end of year $31,502

  • 23 · Secured mortgages and notes payable

    beginning of year $598,576 · end of year $2,668,860

  • 24 · Unsecured notes and loans payable

    end of year $1,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $5,449,534 · end of year $13,808,813

  • 28 · Net assets with donor restrictions

    beginning of year $245,717 · end of year $231,029

Mission and programs · 2023

Mission

Owns real property that is rented to BHcare, Inc. which is a 501(C)(3) organization whose mission is to improve community health and quality of life of individuals by providing mental health, addiction and domestic violence services.

  • Rental of Real Estate to BHcare, Inc. for use in its administrative and program services.

    Expenses $691,425 · Revenue $659,054

As filed on the 2023 return.

Listed in Part VII

  • Stephen Guarerra

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Roberta J Cook

    President/CEO

    Total calculated
    $351,324
    From this org
    $0
    From related orgs
    $296,622
    Other
    $54,702
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $269,122 related
    Bonus
    $0 + $1,867 related
    Other
    $0 + $25,633 related
    Deferred
    $0 + $33,854 related
    Nontaxable benefits
    $0 + $20,848 related
    Filer's total
    $0 + $351,324 related

  • Lorraine Branecky

    Secretary

    Total calculated
    $197,799
    From this org
    $0
    From related orgs
    $178,872
    Other
    $18,927
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $177,739 related
    Bonus
    $0 + $1,133 related
    Other
    $0
    Deferred
    $0 + $18,927 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $197,799 related

  • Joe Verrilli

    Teasurer

    Total calculated
    $0
    Hours/week
    0.05

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 3
The President/CEO is employed by a related organization,BHcare,Inc. who determines compensation as described in Schedule O Line 15a.
Pt I Line 6b
Incentive based pay may be paid if the organization meets certain performance criteria and generates a surplus as determined by the organizations Finance Committee.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • BHcareInc

    501(C)(3) · Provides Behavioral Health Services. · CT

    Directly controlled by NA

  • BHcare Foundation

    501(C)(3) · Fundraising · CT

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
10 October 2024
IRS schema version
2023v5.1
Source object
202403099349300415

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