Form 990 for tax year 2023
Filed by SOMERVILLE HOMELESS COALITION INCORPORATED.
Totals
- Total revenue
- $8,416,876
- Total expenses
- $7,595,612
- Contributions and grants received
- $7,971,445
- Grants paid
- $0
- Program service revenue
- $157,750
- Investment income
- $115,336
- Other revenue
- $172,345
- Total assets, end of year
- $6,438,116
- Total liabilities, end of year
- $1,703,677
- Net assets or fund balances, end of year
- $4,734,439
- Program services expenses (Part IX)
- $6,862,686
- Management and general expenses
- $475,774
- Fundraising expenses
- $257,152
- Program service expenses (Part III)
- $6,862,686
Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
SERENA TAYLOR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
SEBASTIEN CIMON GAGNON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
PETER BUTKUS
TREASURER (TO 10/23)
- Total calculated
- $0
- Hours/week
- 2
-
CHARLES DOUGLIS
TREASURER (FROM 10/23)
- Total calculated
- $0
- Hours/week
- 2
-
TINA CARUSO
CLERK
- Total calculated
- $0
- Hours/week
- 2
-
JEFF BERNSTEIN
DIRECTOR (TO 10/23)
- Total calculated
- $0
- Hours/week
- 0.15
-
DEBORAH MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
SCOT STE-MARIE
DIRECTOR (TO 10/23)
- Total calculated
- $0
- Hours/week
- 0.15
-
TOM WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
KEVIN CHAVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
GEORGE DRUGUS
DIRECTOR (FROM 10/23)
- Total calculated
- $0
- Hours/week
- 0.15
-
JAYDEN DDHIR
DIRECTOR (FROM 01/24)
- Total calculated
- $0
- Hours/week
- 0.15
-
SHARLA RANDAZZO
DIRECTOR (FROM 01/24)
- Total calculated
- $0
- Hours/week
- 0.15
-
MICHAEL LIBBY
EXECUTIVE DIRECTOR
- Total calculated
- $158,726
- From this org
- $158,462
- From related orgs
- $0
- Other
- $264
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,462
- Bonus
- $10,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $264
- Filer's total
- $158,726
-
FELICITY BEAL
DIRECTOR OF DEVELOPMENT
- Total calculated
- $103,896
- From this org
- $102,252
- From related orgs
- $0
- Other
- $1,644
- Hours/week
- 40
-
GABRIELLE CALDERAN
DIRECTOR OF PROGRAMS
- Total calculated
- $116,633
- From this org
- $114,909
- From related orgs
- $0
- Other
- $1,724
- Hours/week
- 40
-
HANNAH O'HALLORAN
DIRECTOR OF HOMELESS SERVICES
- Total calculated
- $119,806
- From this org
- $113,635
- From related orgs
- $0
- Other
- $6,171
- Hours/week
- 40
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 · Form 990 of other organizations
- 3 · Compensation survey or study
- 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)
- PART I, LINE 3
- THE BOARD OF DIRECTORS REVIEWS THE PAST YEAR PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINES WHETHER ESTABLISHED GOALS AND OBJECTIVES WERE MET. ADDITIONALLY, COMPARIBILITY COMPENSATION DATA IS PROVIDED FROM "GUIDESTAR-SURVEY OF THE EXECUTIVE COMPENSATION AND OTHER COMPARATIVE EXECUTIVE LEVEL POSITIONS. THE EXECUTIVE DIRECTOR'S NEW SALARY AND NEW GOALS AND OBJECTIVES ESTABLISHES A NEW BASE FOR THE EXECUTIVE DIRECTOR.
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530559349300423
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