Form 990 for tax year 2025
Filed by CAPE VERDEAN ASSOCIATION IN NEW BEDFORD INC.
Totals
- Total revenue
- $866,193
- Total expenses
- $87,118
- Contributions and grants received
- $873,097
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $65
- Other revenue
- -$6,969
- Total assets, end of year
- $2,166,669
- Total liabilities, end of year
- $37,568
- Net assets or fund balances, end of year
- $2,129,101
- Program services expenses (Part IX)
- $32,417
- Management and general expenses
- $39,008
- Fundraising expenses
- $15,693
- Program service expenses (Part III)
- $32,417
Program services were 37.2% 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.
-
1b · Membership dues
$508
-
1c · Fundraising events
$31,562
-
1e · Government grants (contributions)
$620,499
-
1f · All other contributions, gifts and grants
$220,528
-
1g · Noncash contributions included above
$2,608
-
3 · Investment income
total $65 · related or exempt $65
-
8a · Fundraising events: gross income
$14,912
-
8a · Fundraising events: contributions included on line 1c
$31,562
-
8b · Fundraising events: direct expenses
$21,881
-
8c · Net income from fundraising events
total -$6,969 · excluded -$6,969
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $18,792 · program services $9,396 · management and general $4,698 · fundraising $4,698
-
10 · Payroll taxes
total $3,602 · program services $1,801 · management and general $901 · fundraising $900
-
11c · Fees: accounting
total $16,580 · management and general $16,580
-
11g · Fees: other
total $13,434 · program services $7,702 · fundraising $5,732
-
12 · Advertising and promotion
total $2,161 · management and general $2,161
-
13 · Office expenses
total $7,158 · management and general $7,158
-
14 · Information technology
total $625 · management and general $625
-
16 · Occupancy
total $11,358 · program services $9,558 · management and general $1,800
-
17 · Travel
total $2,309 · management and general $2,309
-
24a · Other expenses: Supplies
total $786 · management and general $786
-
24b · Other expenses: Website
total $4,950 · program services $3,960 · management and general $990
-
24c · Other expenses: Landscaping
total $5,363 · management and general $1,000 · fundraising $4,363
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $138,229 · end of year $149,603
-
2 · Savings and temporary cash investments
beginning of year $10,128 · end of year $10,928
-
3 · Pledges and grants receivable
beginning of year $1,500
-
9 · Prepaid expenses and deferred charges
beginning of year $2,288 · end of year $3,866
-
10a · Land, buildings and equipment: cost or other basis
$2,002,272
-
10c · Land, buildings and equipment, net
beginning of year $1,245,981 · end of year $2,002,272
-
17 · Accounts payable and accrued expenses
beginning of year $24,100 · end of year $13,568
-
22 · Loans and payables to officers and key people
beginning of year $24,000 · end of year $24,000
-
27 · Net assets without donor restrictions
beginning of year $1,338,398 · end of year $2,118,173
-
28 · Net assets with donor restrictions
beginning of year $11,628 · end of year $10,928
Mission and programs · 2025
Mission
Preserving and promoting Cape Verdean culture. The CVANB will foster continued appreciation for our history, deliver culturally competent programs and services that enrich all communities making a difference in the lives of the Cape Verdean people here and abroad.
-
Developing Cape Verdean cultural community center and Island Park for performances art and events education and youth programming and providing these types of programs. Providing programs and support for the Cape Verdean community in the New Bedford area.
Expenses $32,417
As filed on the 2025 return.
Listed in Part VII
-
Gail Fortes
Treasurer
- Total calculated
- $0
- Hours/week
- 8
-
Darlene Spencer
President
- Total calculated
- $0
- Hours/week
- 10
-
Jan Baptist
Vice President
- Total calculated
- $0
- Hours/week
- 15
-
Tanya Alves
Secretary
- Total calculated
- $0
- Hours/week
- 8
-
Irondina Reis Abreu
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Carlos Almeida
Director
- Total calculated
- $0
- Hours/week
- 2
-
Starlene Alves
Director
- Total calculated
- $0
- Hours/week
- 2
-
Raquel Dias
Director
- Total calculated
- $0
- Hours/week
- 4
-
Soraya Dos Santos
Director
- Total calculated
- $0
- Hours/week
- 2
-
Keoma Duarte
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bruno Freire
Director
- Total calculated
- $0
- Hours/week
- 1
-
Angie Lopes Ellison
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jean Lopez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eydie Soares Matteos
Director
- Total calculated
- $0
- Hours/week
- 6
-
Bernadette Santos
Director
- Total calculated
- $0
- Hours/week
- 6
-
Geovanny Sequeira
Director
- Total calculated
- $0
- Hours/week
- 3
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.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 8 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202602579349300505
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