Form 990 for tax year 2024
Filed by COMMUNITY ACTION FOR BETTER HOUSING INC.
Totals
- Total revenue
- $2,489,542
- Total expenses
- $1,633,599
- Contributions and grants received
- $733,319
- Grants paid
- $0
- Program service revenue
- $1,189,812
- Investment income
- $412,897
- Other revenue
- $153,514
- Total assets, end of year
- $10,901,123
- Total liabilities, end of year
- $10,173,354
- Net assets or fund balances, end of year
- $727,769
- Program services expenses (Part IX)
- $1,194,325
- Management and general expenses
- $439,274
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,194,325
Program services were 73.1% 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.
-
1e · Government grants (contributions)
$733,319
-
2a · Program service revenue: RENTAL INCOME
total $988,933 · related or exempt $988,933
-
2b · Program service revenue: PROPERTY MANAGEMENT FE
total $198,426 · related or exempt $198,426
-
2c · Program service revenue: LAUNDRY INCOME
total $2,453 · related or exempt $2,453
-
3 · Investment income
total $40,815 · excluded $40,815
-
7a · Gross sales of assets other than inventory
other assets $490,000
-
7b · Less cost or other basis and sales expenses
other assets $117,918
-
7c · Gain or loss
other assets $372,082
-
7d · Net gain or loss
total $372,082 · excluded $372,082
-
11a · Other revenue: ERC REVENUE
total $117,174 · related or exempt $117,174
-
11b · Other revenue: INSURANCE PROCEEDS - T
total $36,340 · related or exempt $36,340
-
11e · Other revenue, total
$153,514
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $115,732 · management and general $115,732
-
7 · Other salaries and wages
total $332,674 · program services $253,526 · management and general $79,148
-
9 · Other employee benefits
total $16,983 · program services $16,983
-
10 · Payroll taxes
total $41,908 · program services $14,448 · management and general $27,460
-
11b · Fees: legal
total $20,608 · program services $20,608
-
11c · Fees: accounting
total $26,036 · management and general $26,036
-
11g · Fees: other
total $99,500 · management and general $99,500
-
13 · Office expenses
total $33,339 · program services $19,670 · management and general $13,669
-
14 · Information technology
total $33,068 · management and general $33,068
-
16 · Occupancy
total $430,390 · program services $430,390
-
17 · Travel
total $18,862 · program services $15,227 · management and general $3,635
-
20 · Interest
total $148,583 · program services $148,583
-
22 · Depreciation, depletion and amortization
total $268,696 · program services $268,696
-
23 · Insurance
total $13,510 · program services $6,194 · management and general $7,316
-
24a · Other expenses: MISCELLANEOUS
total $33,710 · management and general $33,710
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $180,121 · end of year $799,964
-
4 · Accounts receivable
beginning of year $180,234 · end of year $175,566
-
9 · Prepaid expenses and deferred charges
beginning of year $1,000 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$13,599,750
-
10b · Land, buildings and equipment: accumulated depreciation
$3,824,264
-
10c · Land, buildings and equipment, net
beginning of year $8,470,752 · end of year $9,775,486
-
15 · Other assets
beginning of year $189,618 · end of year $150,107
-
17 · Accounts payable and accrued expenses
beginning of year $97,889 · end of year $32,206
-
19 · Deferred revenue
beginning of year $239,621 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $24,002 · end of year $24,649
-
23 · Secured mortgages and notes payable
beginning of year $8,720,870 · end of year $10,060,270
-
25 · Other liabilities
beginning of year $67,517 · end of year $56,229
-
27 · Net assets without donor restrictions
beginning of year -$128,174 · end of year $727,769
Mission and programs · 2024
Mission
TO PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO PERSONS WITH LOW OR MODERATE INCOME.
-
PROVIDED CLEAN, SAFE AND AFFORDABLE HOUSING UNITS TO 84 INDIVIDUALS AND FAMILIES WITH LOW TO MODERATE INCOMES; PROVIDE 9 HOUSING UNITS AND 4 MULTI-BED BUILDINGS TO CATHOLIC SOCIAL SERVICES OF FALL RIVER. A RELATED ORGANIZATION, FOR ITS HOMELESS SHELTER PROGRAMS.
Expenses $1,194,325 · Revenue $1,189,812
-
N/A
-
N/A
As filed on the 2024 return.
Listed in Part VII
-
Reverend Jeff CabralREVEREND JEFF CABRAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Kevin McCarthyKEVIN MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Peter PowersPETER POWERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Evelyn RanoneEVELYN RANONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Edgar M Da CunhaEDGAR M DA CUNHA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10 + 8 related
-
Kevin R KileyKEVIN R KILEY
TREASURER
- Total calculated
- $0
- Hours/week
- 10 + 2 related
-
Joseph HarringtonJOSEPH HARRINGTON
CLERK
- Total calculated
- $0
- Hours/week
- 10
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.
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.
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501(C)(3) · HOUSING · MA
-
501(C)(3) · HOUSING · MA
-
501(C)(3) · HOUSING · MA
-
ROMAN CATHOLIC DIOCESE OF FALL RIVER
501(C)(3) · CHURCH · MA
-
CATHOLIC SOCIAL SERVICES OF FALL RIVER INC
501(C)(3) · SOCIAL SERVICES · MA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601309349300105
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