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Nonprofiteer
← MASSDEVELOPMENT HEFA TRUST

Form 990 for tax year 2022

Filed by MASSDEVELOPMENT HEFA TRUST.

Totals

Total revenue
$74,249
Total expenses
$247,455
Contributions and grants received
$0
Grants paid
$150,786
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$150,786
Management and general expenses
$96,669
Fundraising expenses
$0
Program service expenses (Part III)
$150,786

Program services were 60.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RICKS P FRAZIER

    TRUSTEE (THRU 03/2023)

    Total calculated
    $237,831
    From this org
    $0
    From related orgs
    $213,786
    Other
    $24,045
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $206,664 related
    Bonus
    $0
    Other
    $0 + $7,122 related
    Deferred
    $0 + $22,294 related
    Nontaxable benefits
    $0 + $1,751 related
    Filer's total
    $0 + $237,831 related
  • BRIAN KAVOOGIAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3 + 2 related
  • MIKE KENNEALY

    TRUSTEE (THRU 01/2023)

    Total calculated
    $0
    Hours/week
    0.3 + 2 related
  • SEAN CALNAN

    TRUSTEE (AS OF 06/2023)

    Total calculated
    $190,327
    From this org
    $0
    From related orgs
    $148,686
    Other
    $41,641
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,759 related
    Bonus
    $0
    Other
    $0 + $927 related
    Deferred
    $0 + $18,782 related
    Nontaxable benefits
    $0 + $22,859 related
    Filer's total
    $0 + $190,327 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

  • PROJECT RECOVER - MODIFYING AND EXPANDING DIMOCK'S HEALTH CARE SERVICES AND INFRASTRUCTURE (PROJECT RECOVER), THE HEALTH CENTER IS SEEKING TO BEGIN IMPLEMENTATION OF STRATEGIC "MOVES" WITHIN THE RICHARDS BUILDING AND EYE SERVICES AT DIMOCK.

  • PURCHASE, UPGRADE AND INSTALL OUR IDENTIFICATION BADGE AND CAMERA SURVEILLANCE SYSTEMS AT OUR SATELLITE LOCATIONS IN CENTERVILLE, SANDWICH, FALMOUTH, AND BOURNE.

  • FUNDS ARE REQUESTED TO PURCHASE A 3D PRINTER FOR ITS DENTAL DEPARTMENT.

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.

Related partnerships

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

Provenance

Return type
form_990
Tax year
2022
Filed
5 March 2024
IRS schema version
2022v5.0
Source object
202410789349301176

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