Pelham Corporation in Braintree, Massachusetts (MA)

Pelham Corporation
Employer Identification Number (EIN)	043018996
Name of Organization	Pelham Corporation
In Care of Name	John M Corcoran & Co
Address	100 Grandview Road, Braintree, MA 02184-2686
Activities	Low income housing
Subsection	Charitable Organization
Ruling Date	09/1991
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$10,000 to $24,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$10,967
Amount of Income	$197,721
Form 990 Revenue Amount	$197,721
National Taxonomy of Exempt Entities (NTEE)	Housing, Shelter: Housing Development, Construction, Management

Non-representatives - add comments:

Amount of income in 2013: $197,721 (it was $185,152 in 2012)

Pelham Corporation:	$197,721
Other organizations performing similar types of work:	$914,408

Assets in 2013: $10,967 (it was $554 in 2012)

Pelham Corporation:	$10,967
Other organizations performing similar types of work:	$2,572,607

Expenses in 2013: $199,909

This organization:	$199,909
Other organizations performing similar types of work:	$776,462

Income to expenses ratio in 2013: 1.0

This organization:	1.0
Other organizations performing similar types of work:	1.0

Grants share in income in 2013: 0.0%

Pelham Corporation:	0.0%
Other organizations performing similar types of work:	0.3%

Financial snapshot ($)

Revenue for 2013

Support schedule

	2010	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$8,519	$174,801	$185,152	$197,721
Contributions, gifts, grants, and similar amounts received	$16,000	$0	$0	$0
Program service revenue including government fees and contracts	$0	$174,706	$185,011	$197,589
Membership dues and assessments	$0	$0	$0	$0
Investment income	$-7,481	$95	$141	$132
Gain/Loss from sale of assets other than inventory	$0	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0
Total expenses	$16,502	$181,817	$186,764	$199,909
Total net assets	$-3,642,270	$-3,649,286	$-3,650,898	$-3,653,086
Excess/Deficit for the year	$-7,983	$-7,016	$-1,612	$-2,188
Net assets or fund balances at beginning of year	$-3,634,287	$-3,642,270	$-3,649,286	$-3,650,898
Other changes in net assets or fund balances	$0	$0	$0	$0
Net assets or fund balances at end of year		$-3,649,286	$-3,650,898	$-3,653,086

	2010	2011	2012	2013
Balance Sheets
Total assets	$878	$574	$554	$10,967
Total liabilities	$3,643,148	$3,649,860	$3,651,452	$3,664,053
Net assets or fund balances	$-3,642,270	$-3,649,286	$-3,650,898	$-3,653,086

	2010	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No	No
Were any significant changes made to the organizing or governing documents?		No	No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No	No
Has the organization filed a Form 990-T for the year?		No	No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No	No
Amount of political expenditures, direct or indirect		$0	$0	$0
Did the organization file Form 1120-POL for this year?		No	No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No	No	No
Total amount involved		$0	$0	$0
Initiation fees and capital contributions	$0	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
Public support	$908,403
Subtotal	$908,403
Gifts, grants, contributions, and membership fees received	$16,001
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	$892,402
Gross receipts from activities that are not an unrelated trade or business under section 513	$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
Less	$0
Amounts received from disqualified persons	$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support	$0
Total support	$909,031
Public support	$908,403
Subtotal	$628
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$628
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Milton-Fuller Housing Corporation	1399 Blue Hill Ave, Milton, MA 02186-2363	MA	1998-07	$8,059,494
2	Caritas Communities Inc	25 Braintree Hill Office Park Suite, Braintree, MA 02184-8702	MA	1987-03	$5,697,926
3	Providence Place Inc	1221 Main St Ste 108, Holyoke, MA 01040-5396	MA	1946-03	$3,616,187
4	The Neighborhood Developers Inc	4 Gerrish Ave, Chelsea, MA 02150-2907	MA	1979-02	$3,084,458
5	Home Savers Council Of Greenfield Gardens Inc	58 Pray Dr, Greenfield, MA 01301-2257	MA	1996-10	$2,007,290
6	808-812 Memorial Drive Housing Charitable Tr, Elving Louise Ttee	280 Franklin St, Cambridge, MA 02139-3773	MA	1996-11	$1,887,789
7	Peter Sanborn Place Inc	Reading, MA 01867	MA		$1,067,551
8	Nevins Manor Inc	10 Ingalls Ct, Methuen, MA 01844-3712	MA	1995-10	$667,568
9	Fairhaven Healthcare Center Inc	35 Avco Rd, Haverhill, MA 01835-6936	MA	2007-11	$15,699,503
10	Lafayette Rehabilitation And Skilled Nursing Facility Inc	35 Avco Rd, Haverhill, MA 01835-6936	MA	2007-11	$5,973,591
11	Winslow Village Ii Inc	1554 Ocean Street, Marshfield, MA 02050-3511	MA	1980-11	$641,390
12	Middlesex North Resource Center Inc	471 Broadway, Lynnfield, MA 01940-1401	MA	1992-04	$575,985
13	Woodside Village Inc	60b Village Road, Vineyard Haven, MA 02568-4053	MA	1991-08	$460,275
14	Supportive Living Inc	400 W Cummings Park Ste 6100, Woburn, MA 01801-6512	MA	1991-09	$449,088
15	Wachusetts House Corp	13 Boylston Ave, Princeton, MA 01541-1811	MA		$189,361
16	Salem Point Rental Prosperties Corp	102 Lafayette St, Salem, MA 01970-3625	MA	1995-02	$175,729
17	Coming Home Inc	119 Washington St, Groveland, MA 01834	MA	2009-06	$20,345
18	Holyoke Community Land Trust Inc	225 High Street - 5th Floor, Holyoke, MA 01040	MA	1990-10	$4,721
19	Geneva Tenants Organization Inc	227 Geneva Ave Apt 5, Dorchester, MA 02121-3847	MA	2004-03	$0
20	Hanson Housing C0rporation	80 Meeting House Ln, Hanson, MA 02341-1034	MA	2005-11	$0

Number of organizations performing similar types of work

Alaska	2
Alabama	2
Arkansas	9
Arizona	8
California	114
Colorado	16
Connecticut	18
District of Columbia	3
Delaware	5
Florida	41
Georgia	22
Hawaii	2
Iowa	7
Idaho	2
Illinois	33
Indiana	13
Kansas	4
Kentucky	12
Louisiana	13
Massachusetts	39
Maryland	21
Maine	7
Michigan	31
Minnesota	30
Missouri	12
Mississippi	3

Montana	3
North Carolina	23
North Dakota	1
Nebraska	3
New Hampshire	7
New Jersey	14
New Mexico	3
Nevada	6
New York	110
Ohio	32
Oklahoma	2
Oregon	11
Pennsylvania	33
Rhode Island	6
South Carolina	4
South Dakota	2
Tennessee	22
Texas	44
Utah	6
Virginia	25
Vermont	8
Washington	15
Wisconsin	17
West Virginia	7
International	2

Total

875

Affiliation	Name	Address	State	Established	Total Income
All affiliated organizations
Central	Pelham Corporation	100 Grandview Road, Braintree, MA 02184-2686	MA	1991-09	$197,721
Subordinate	The Pelham Ii Corporation	100 Grandview Rd Ste 207, Braintree, MA 02184-2692	MA		$2,961,476

Number of affiliated organizations

Massachusetts