Form 990 for tax year 2023
Filed by BOSTON STATE COMMUNITY TRUST INC.
Totals
- Total revenue
- $83,960
- Total expenses
- $71,448
- Contributions and grants received
- $82,900
- Grants paid
- $50,605
- Program service revenue
- $0
- Investment income
- $1,060
- Other revenue
- $0
- Total assets, end of year
- $545,918
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $545,918
- Program services expenses (Part IX)
- $70,026
- Management and general expenses
- $1,422
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $70,026
Program services were 98.0% 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)
$82,900
-
3 · Investment income
total $1,060 · excluded $1,060
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $50,605 · program services $50,605
-
11c · Fees: accounting
total $1,350 · management and general $1,350
-
11g · Fees: other
total $14,575 · program services $14,575
-
12 · Advertising and promotion
total $2,889 · program services $2,889
-
23 · Insurance
total $1,957 · program services $1,957
-
24a · Other expenses: ANNUAL FILING FEES
total $50 · management and general $50
-
24b · Other expenses: BANK FEES
total $22 · management and general $22
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1 · end of year $2
-
2 · Savings and temporary cash investments
beginning of year $533,405 · end of year $545,916
-
27 · Net assets without donor restrictions
beginning of year $533,406 · end of year $545,918
Mission and programs · 2023
Mission
THE MISSION OF THE BOSTON STATE COMMUNITY TRUST IS TO SUPPORT THE IMPLEMENTATION OF SOCIAL, ECONOMIC, EDUCATIONAL, VOCATIONAL, RECREATIONAL, AND MENTAL HEALTH PROGRAMS THAT WILL DIRECTLY BENEFIT RESIDENTS OF THE NEIGHBORHOODS OF MATTAPAN; ROXBURY; DORCHESTER; ROSLINDALE; HYDE PARK; AND JAMAICA PLAIN. BASED ON DEVELOPER CONTRIBUTIONS DERIVED FROM THE REDEVELOPMENT OF THE FORMER BOSTON STATE HOSPITAL SITE IN MATTAPAN, WHICH WILL BE PRUDENTLY MANAGED BY AN ESCROW AGENT, THE COMMUNITY TRUST WILL OFFER GRANTS TO COMMUNITY-BASED ORGANIZATIONS THAT MAINTAIN A GOAL OF BENEFITING AND IMPROVING THE QUALITY OF LIFE FOR THE ABOVE-REFERENCED NEIGHBORHOODS.
-
DURING THE YEAR, THE BOSTON STATE COMMUNITY TRUST HAS AWARDED GRANTS TO SIX COMMUNITY-BASED ORGANIZATIONS WHO PROVIDE COMMUNITY SERVICES AND PROGRAMS TO RESIDENTS OF THE SIX NEIGHBORHOODS IDENTIFIED IN THE STATE LEGISLATIONS TO RECEIVE ECONOMIC BENEFITS RESULTING FROM THE REDEVELOPMENT OF THE FORMER BOSTON STATE HOSPITAL SITE.
Expenses $70,026 · Grants $50,605
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joyce CarrollJOYCE CARROLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stanley GwinnSTANLEY GWINN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Royal Bolling JrROYAL BOLLING JR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Donna YoungDONNA YOUNG
CLERK
- Total calculated
- $0
- Hours/week
- 2
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
-
YOUTH ACTIVITIES
-
$10,000
YOUTH ACTIVITIES
-
YOUTH ACTIVITIES
-
$10,000
YOUTH ACTIVITIES
-
$9,105
YOUTH ACTIVITES
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401359349304950
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