Form 990 for tax year 2022
Filed by ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP.
Totals
- Total revenue
- -$1,025
- Total expenses
- $0
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,194
- Other revenue
- -$5,219
- Total assets, end of year
- $32,423,191
- Total liabilities, end of year
- $17,879
- Net assets or fund balances, end of year
- $32,405,312
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
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.
-
3 · Investment income
total $4,194 · excluded $4,194
-
6a · Gross rents
real property $5,244,231
-
6b · Less rental expenses
real property $5,249,450
-
6c · Rental income or loss
real property -$5,219
-
6d · Net rental income or loss
total -$5,219 · excluded -$5,219
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $263,910 · end of year $331,001
-
4 · Accounts receivable
beginning of year $1,164,762 · end of year $1,585,842
-
10a · Land, buildings and equipment: cost or other basis
$30,935,103
-
10b · Land, buildings and equipment: accumulated depreciation
$17,727,203
-
10c · Land, buildings and equipment, net
beginning of year $13,421,204 · end of year $13,207,900
-
15 · Other assets
beginning of year $17,574,340 · end of year $17,298,448
-
17 · Accounts payable and accrued expenses
beginning of year $17,879 · end of year $17,879
-
27 · Net assets without donor restrictions
beginning of year $32,406,337 · end of year $32,405,312
Mission and programs · 2022
Mission
ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES.
Activities or mission (Part I)
SEE SCHEDULE O
-
ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND/OR DELEGATE AGENCIES, SUBSIDIARY CORPORATIONS OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES.
As filed on the 2022 return.
Listed in Part VII
-
Mary ChinMARY CHIN
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Patricia WashingtonPATRICIA WASHINGTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathleen FlynnKATHLEEN FLYNN
CLERK
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jean BabcockJEAN BABCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Thelma BurnsTHELMA BURNS
DIRECTOR THRU 11/18/22
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Yvonne JonesYVONNE JONES
DIRECTOR AS OF 11/18/22
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James Owens JrJAMES OWENS JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sean DaughtrySEAN DAUGHTRY
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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.
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.
-
ACTION FOR BOSTON COMMUNITY DEVELOPMENT
501 (C) (3) · SOCIAL SERVICES · MA
-
ABCD LOW COST HOUSING
501 (C) (3) · HOUSING · MA · controlled entity
Directly controlled by ABCD INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441979349302169
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