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Nonprofiteer
← DB HOUSING INC

Form 990 for tax year 2022

Filed by DB HOUSING INC.

Totals

Total revenue
$1,250,030
Total expenses
$1,100,664
Contributions and grants received
$170,084
Grants paid
$0
Program service revenue
$1,075,426
Investment income
$1,283
Other revenue
$3,237
Total assets, end of year
$1,647,060
Total liabilities, end of year
$639,628
Net assets or fund balances, end of year
$1,007,432
Program services expenses (Part IX)
$922,280
Management and general expenses
$178,384
Fundraising expenses
$0
Program service expenses (Part III)
$922,280

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CHARLES MCVEA

    DIRECTOR OF FINANCE & ADMIN (UNTIL 11/22)

    Total calculated
    $257,043
    From this org
    $0
    From related orgs
    $207,692
    Other
    $49,351
    Hours/week
    9.35 + 28.15 related

    Schedule J breakdown matched by us

    Base
    $0 + $207,692 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,385 related
    Nontaxable benefits
    $0 + $38,966 related
    Filer's total
    $0 + $257,043 related
  • BETH O'DONNELL

    DIRECTOR OF REAL ESTATE

    Total calculated
    $220,320
    From this org
    $0
    From related orgs
    $180,000
    Other
    $40,320
    Hours/week
    9.35 + 28.15 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,000 related
    Nontaxable benefits
    $0 + $31,320 related
    Filer's total
    $0 + $220,320 related
  • KIMBERLY LYLE

    CHIEF EXECUTIVE OFFICER (AS OF 5/22)

    Total calculated
    $213,931
    From this org
    $0
    From related orgs
    $177,500
    Other
    $36,431
    Hours/week
    9.35 + 28.15 related

    Schedule J breakdown matched by us

    Base
    $0 + $177,500 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,875 related
    Nontaxable benefits
    $0 + $27,556 related
    Filer's total
    $0 + $213,931 related
  • PERRY NEWMAN

    CHIEF EXECUTIVE OFFICER (UNTIL 5/22)

    Total calculated
    $199,059
    From this org
    $0
    From related orgs
    $168,024
    Other
    $31,035
    Hours/week
    9.35 + 28.15 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,024 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,401 related
    Nontaxable benefits
    $0 + $22,634 related
    Filer's total
    $0 + $199,059 related
  • TIMOTHY CAPLICE

    ASS. DIRECTOR OF ASSET MANAGEMENT

    Total calculated
    $172,454
    From this org
    $0
    From related orgs
    $125,000
    Other
    $47,454
    Hours/week
    9.35 + 28.15 related

    Schedule J breakdown matched by us

    Base
    $0 + $125,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,250 related
    Nontaxable benefits
    $0 + $41,204 related
    Filer's total
    $0 + $172,454 related
  • WILLIAM RIORDAN

    ACCOUNTING MANAGER

    Total calculated
    $172,274
    From this org
    $0
    From related orgs
    $125,000
    Other
    $47,274
    Hours/week
    9.35 + 28.15 related

    Schedule J breakdown matched by us

    Base
    $0 + $125,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,250 related
    Nontaxable benefits
    $0 + $41,024 related
    Filer's total
    $0 + $172,274 related
  • VINCENT PINA

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $126,111
    From this org
    $0
    From related orgs
    $101,363
    Other
    $24,748
    Hours/week
    9.35 + 28.15 related
  • DAVID SIMMONS

    DIRECTOR OF FINANCE & ADMIN (AS OF 11/22)

    Total calculated
    $84,486
    From this org
    $0
    From related orgs
    $64,356
    Other
    $20,130
    Hours/week
    9.35 + 28.15 related
  • PAUL BLACK

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.63 + 2.12 related
  • LEIGHTON RICHARDSON

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.63 + 2.12 related
  • BRIAN WELCH

    TREASURER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • LORRAINE PAYNE WHEELER

    CLERK

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • PHIL HILLMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • DARYL WRIGHT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 2.12 related
  • MARY WALKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • EILEEN KENNER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • ROSALYN JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • AN DUONG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • RICKY OCHILO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • DERRICK BELLINGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • KRISTEN HALBERT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • NAJAH WALLACE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • JOSE PEREZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • KEITH GREENAWAY

    BOARD MEMBER (UNTIL 9/2022)

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 related
  • MARIA ANDRADE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.63 + 1.87 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

The filer's explanations (Part III)

PART I, LINE 3
THE HUMAN RESOURCES DIRECTOR OF DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION USES MARKET DATA FROM RELEVANT PERSONNEL ALONG WITH INPUTS FROM OTHER COMPENSATION SPECIALISTS.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • DORCHESTER FAMILY HOMES LLC

    DEVELOPMENT AND REHABILITATION OF LOW INCOME HOUSING · MA · income $29,790 · assets $143,021

    Directly controlled by DORCHESTER BAY HOUSING INC

  • DB 618 DUDLEY STREET LLC

    LOW INCOME HOUSING DEVELOPMENT · MA · income $103,501 · assets $672,099

    Directly controlled by DORCHESTER BAY HOUSING INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303199349307050

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