Totals
- Total revenue
- $394,354
- Total expenses
- $390,333
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $394,283
- Investment income
- $71
- Other revenue
- $0
- Total assets, end of year
- $682,479
- Total liabilities, end of year
- $1,086,403
- Net assets or fund balances, end of year
- -$403,924
- Program services expenses (Part IX)
- $250,876
- Management and general expenses
- $139,457
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $250,876
Program services were 64.3% 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.
-
2a · Program service revenue: RENTAL INCOME
total $394,283 · related or exempt $394,283
-
3 · Investment income
total $71 · excluded $71
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $91,339 · management and general $91,339
-
11c · Fees: accounting
total $35,467 · management and general $35,467
-
13 · Office expenses
total $1,193 · management and general $1,193
-
16 · Occupancy
total $198,509 · program services $188,509 · management and general $10,000
-
22 · Depreciation, depletion and amortization
total $53,300 · program services $53,300
-
24a · Other expenses: VEHICLE OPERATING COSTS
total $9,067 · program services $9,067
-
24b · Other expenses: BAD DEBT
total $734 · management and general $734
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $724 · management and general $724
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,610 · end of year $338
-
2 · Savings and temporary cash investments
beginning of year $146,450 · end of year $164,005
-
4 · Accounts receivable
beginning of year $1,994 · end of year $2,568
-
9 · Prepaid expenses and deferred charges
beginning of year $7,232 · end of year $7,017
-
10a · Land, buildings and equipment: cost or other basis
$1,988,051
-
10b · Land, buildings and equipment: accumulated depreciation
$1,479,500
-
10c · Land, buildings and equipment, net
beginning of year $531,751 · end of year $508,551
-
17 · Accounts payable and accrued expenses
beginning of year $22,254 · end of year $28,048
-
19 · Deferred revenue
beginning of year $870
-
21 · Escrow or custodial account liability
beginning of year $3,588 · end of year $3,842
-
23 · Secured mortgages and notes payable
beginning of year $1,061,487 · end of year $1,034,983
-
25 · Other liabilities
beginning of year $10,783 · end of year $19,530
-
27 · Net assets without donor restrictions
beginning of year -$407,945 · end of year -$403,924
Mission and programs · 2022
Mission
TO SERVE THE NEEDS OF DEVELOPMENTALLY DISABLED INDIVIDUALS IN THE MARLBOROUGH, MASSACHUSETTS AREA.
Activities or mission (Part I)
GMP DEVELOPMENT CORP. (GMPD) IS A NONPROFIT CORPORATION FORMED TO PROVIDE SAFE, CLEAN AND AFFORDABLE HOUSING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES IN THE MARLBOROUGH, MA AREA.
-
GMPD WAS FORMED ON FEBRUARY 25, 2011, TO PROVIDE TWENTY UNITS OF HOUSING IN TWO BUILDINGS LOCATED IN MARLBOROUGH, MASSACHUSETTS, FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES UNDER THE PROVISIONS OF SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959. GMPD IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS.
Expenses $250,876 · Revenue $394,283
As filed on the 2022 return.
Listed in Part VII
-
Sean RoseSEAN ROSE
PRESIDENT & CEO
- Total calculated
- $223,964
- From this org
- $0
- From related orgs
- $223,964
- Other
- $0
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $203,964 related
- Bonus
- $0 + $20,000 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $223,964 related
-
Stacey ForrestSTACEY FORREST
CHIEF OPERATING OFFICER
- Total calculated
- $214,025
- From this org
- $0
- From related orgs
- $192,950
- Other
- $21,075
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $177,950 related
- Bonus
- $0 + $15,000 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $192,950 related
-
Kevin LutzKEVIN LUTZ
MEMBER
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 related
-
Robert GustafsonROBERT GUSTAFSON
MEMBER - NON VOTING
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 related
-
Molly LyonsMOLLY LYONS
MEMBER - NON VOTING
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 related
-
Aaron CohenAARON COHEN
MEMBER
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 related
-
Robert CawlyROBERT CAWLY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 related
-
Kathy PowersKATHY POWERS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Paul O'RiordanPAUL O'RIORDAN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Gwen SokoloffGWEN SOKOLOFF
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 related
-
Steve WallSTEVE WALL
TREASURER
- Total calculated
- $0
- Hours/week
- 0.2 + 0.5 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
None.
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
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.
-
THRIVE SUPPORT AND ADVOCACY INC
501(C)(3) · HOUSING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS · MA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431249349301108
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.