Habitat Foundation in Somerville, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| Habitat Foundation | |
| Employer Identification Number (EIN) | 043556309 |
| Name of Organization | Habitat Foundation |
| In Care of Name | Moshe Safdie |
| Address | 100 Properzi Way, Somerville, MA 02143-3740 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $328,441 |
| Amount of Income | $100,000 |
| Form 990 Revenue Amount | $24,160 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $40,750 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $40,750 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $41,361 | $7,361 | $0 | $34,000 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $7,361 | $7,361 | $0 | |
| Contributions, gifts, grants paid | $34,000 | |||
| Excess of revenue over expenses and disbursements | $-611 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $317,545 | $788,628 |
| Cash - non-interest-bearing | $3,366 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $314,179 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $317,545 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $0 |
| Total credits and payments | $800 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $800 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $800 |
| Amount to be credited to 2013 estimated tax | $800 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $746,826 |
| Net value of noncharitable-use assets | $735,620 |
| Minimum investment return | $36,781 |
| Distributable Amount (for 2012) | |
| Distributable amount | $36,781 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $36,781 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $36,745 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Habitat For Humanity International Inc, Metrowest Hfh | PO BOX 902, Framingham, MA 01701-0902 | MA | 1987-01 | $7,684 |
| 2 | Habitat For Humanity International Inc, Nantucket Hfh | 2 Greglen Ave Pmb 54, Nantucket, MA 02554-2830 | MA | 1987-01 | $548,290 |
| 3 | Habitat For Humanity International Inc, North Central Massachusetts | 138 Great Road 2nd Fl, Acton, MA 01720-5674 | MA | 1987-01 | $1,170,437 |
| 4 | Habitat For Humanity International, North Shore | 215 Maple St, Lynn, MA 01904-2709 | MA | 1987-01 | $632,403 |
| 5 | Habitat For Humanity International Inc, Northern Berkshire Hfh | PO BOX 391, North Adams, MA 01247-0391 | MA | 1987-01 | $34,699 |
| 6 | Habitat For Humanity International Inc, Old Colony Hfh | PO BOX 100, Attleboro, MA 02703-0002 | MA | 1987-01 | $37,684 |
| 7 | Habitat For Humanity International Inc, Pioneer Valley Habitat For Humanity | PO BOX 60642, Florence, MA 01062-0642 | MA | 1987-01 | $560,982 |
| 8 | Habitat For Humanity International Inc, South Shore Hfh | For Humanity Inc 20 Mathewson Drive, Weymouth, MA 02189 | MA | 1987-01 | $1,473,768 |
| 9 | Habitat For Humanity International Inc, Greater Springfield | 268 Cold Spring Ave, West Springfield, MA 01089 | MA | 1987-01 | $591,092 |
| 10 | Habitat For Humanity Metrowest - Greater Worcester Inc | 111 Park Ave, Worcester, MA 01609-1613 | MA | 1987-01 | $2,335,352 |
| 11 | Habitat Foundation | 100 Properzi Way, Somerville, MA 02143-3740 | MA | 2001-05 | $100,000 |
| 12 | Habitat P L U S Inc | 516 Essex St, Lynn, MA 01902-3980 | MA | 1995-03 | $618,656 |
| 13 | Hacin Family Foundation, Hacin Janez Ttee | 1200 Washington St Apt 501, Boston, MA 02118-2138 | MA | 1991-03 | $38 |
| 14 | Hackett Educational Athletic Foundation Inc | 109 Main St, Gloucester, MA 01930-5701 | MA | 2008-12 | $118,651 |
| 15 | Hadley Historical Society Inc | 7 Plantation Rd, Hatfield, MA 01035 | MA | 1976-07 | $0 |
| 16 | Hadley Kids Inc | 21 River Dr, Hadley, MA 01035-9531 | MA | 1999-12 | $93,593 |
| 17 | Haemonetics Charitable Foundation | 400 Wood Rd, Braintree, MA 02184-2412 | MA | 1993-09 | $1 |
| 18 | Hagars Sisters Inc | PO BOX 2260, Acton, MA 01720-6260 | MA | 2007-12 | $96,869 |
| 19 | Hagerty Family Foundation, Bannish Robert G Et Al Ttee | 153 Brattle St, Cambridge, MA 02138-2243 | MA | 2004-06 | $1,618,701 |
| 20 | Hahnemann Hospital | PO BOX 961019, Boston, MA 02196-1019 | MA | 2001-06 | $274,552 |
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