Skip to content
Nonprofiteer
← BOSTON CARPENTERS TRAINING CENTER

Form 990 for tax year 2022

Filed by BOSTON CARPENTERS TRAINING CENTER.

Totals

Total revenue
$0
Total expenses
$290,211
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$8,286,429
Total liabilities, end of year
$9,613,545
Net assets or fund balances, end of year
-$1,327,116
Program services expenses (Part IX)
$290,211
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$290,211

Program services were 100.0% 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.

Functional expenses

Part IX, the statement of functional expenses.

  • 22 · Depreciation, depletion and amortization

    total $290,211 · program services $290,211

Balance sheet

Part X, book values.

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

    $12,963,597

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

    $4,677,168

  • 10c · Land, buildings and equipment, net

    beginning of year $8,599,890 · end of year $8,286,429

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,250

  • 25 · Other liabilities

    beginning of year $9,613,545 · end of year $9,613,545

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$1,036,905 · end of year -$1,327,116

Mission and programs · 2022

Mission

THE CENTER WAS FORMED TO ACQUIRE, REHABILITATE, OWN, MAINTAIN AND OPERATE COMMERCIAL SPACE FOR RETAIL AND OFFICE LOCATED AT 750 DORCHESTER AVENUE IN BOSTON, MASSACHUSETTS IN ORDER TO DEVELOP UNDERSERVED AREAS BY CREATING QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS.

  • THE CENTER WAS FORMED TO ACQUIRE, REHABILITATE, OWN, MAINTAIN AND OPERATE COMMERCIAL SPACE FOR RETAIL AND OFFICE LOCATED AT 750 DORCHESTER AVENUE IN BOSTON, MASSACHUSETTS IN ORDER TO DEVELOP UNDERSERVED AREAS BY CREATING QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS.

    Expenses $290,211

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • THOMAS FISCHER - THRU 2022

    EXECUTIVE DIRECTOR

    Total calculated
    $227,607
    From this org
    $0
    From related orgs
    $174,581
    Other
    $53,026
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,286 related
    Bonus
    $0
    Other
    $0 + $2,295 related
    Deferred
    $0 + $36,578 related
    Nontaxable benefits
    $0 + $16,448 related
    Filer's total
    $0 + $227,607 related

  • THOMAS FLYNN - THRU 2022

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • WILLIAM MAHERIS - THRU 2022

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • RICHARD PEDI - THRU 092022

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DONALD SEYMORE - THRU 2021

    CLERK

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MICHAEL HOLMES - EFF 2022

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • WILLIAM MAHERIS - EFF 2022

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • ZIVEN DRAKE - EFF 2022

    VICE PRESIDENT

    Total calculated
    $228,481
    From this org
    $0
    From related orgs
    $170,262
    Other
    $58,219
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $169,422 related
    Bonus
    $0
    Other
    $0 + $840 related
    Deferred
    $0 + $40,095 related
    Nontaxable benefits
    $0 + $18,124 related
    Filer's total
    $0 + $228,481 related

  • JOHN FERRANTE - EFF 2022

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAVID MINASIAN - EFF 2022

    CLERK

    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. 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

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

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
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SUPPLEMENTAL INFORMATION
THOMAS FISCHER RECEIVED COMPENSATION AND BENEFITS FROM THE NORTH ATLANTIC STATES CARPENTERS TRAINING FUND IN HIS CAPACITY AS AN EMPLOYEE OF THAT ORGANIZATION. ZIVEN DRAKE RECEIVED COMPENSATION AND BENEFITS FROM THE NORTH ATLANTIC STATES CARPENTERS TRAINING FUND IN HER CAPACITY AS AN EMPLOYEE OF THAT ORGANIZATION.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343179349306394

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.