Restoration Housing Corporation in Boston, 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
- Organizations performing similar types of work
Restoration Housing Corporation | |
Employer Identification Number (EIN) | 042680399 |
Name of Organization | Restoration Housing Corporation |
In Care of Name | Dexter Lewis Sec |
Address | 11 New Whitney St, Boston, MA 02115-6276 |
Activities | Business promotion (chamber of commerce, business league, etc.) |
Subsection | Charitable Organization |
Ruling Date | 10/1979 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $5,000,000 to $9,999,999 |
Income | $1,000,000 to $4,999,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $5,789,855 |
Amount of Income | $1,820,921 |
Form 990 Revenue Amount | $1,720,745 |
National Taxonomy of Exempt Entities (NTEE) | Housing, Shelter: Housing Rehabilitation |
Non-representatives - add comments:
Amount of income in 2013: $1,820,921 (it was $1,721,069 in 2012)
Restoration Housing Corporation: | $1,820,921 |
Other organizations performing similar types of work: | $344,100 |
Assets in 2013: $5,789,855 (it was $5,780,038 in 2012)
Restoration Housing Corporation: | $5,789,855 |
Other organizations performing similar types of work: | $962,515 |
Expenses in 2012: $1,480,237
Restoration Housing Corporation: | $1,480,237 |
Other organizations performing similar types of work: | $349,817 |
Income to expenses ratio in 2012: 1.2
Restoration Housing Corporation: | 1.2 |
Other organizations performing similar types of work: | 1.1 |
Revenue 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 | $1,721,069 | $931 | $1,721,069 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $931 | |||
Dividends and interest from securities | $0 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $1,720,138 | |||
Total expenses and disbursements | $1,480,237 | $0 | $0 | $1,156,063 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $1,480,237 | $0 | $1,156,063 | |
Contributions, gifts, grants paid | $0 | |||
Excess of revenue over expenses and disbursements | $240,832 | |||
Net investment income | $931 | |||
Adjusted net income | $1,721,069 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $5,780,038 | $5,780,038 |
Cash - non-interest-bearing | $139,930 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $0 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $5,640,108 | |
Total liabilities | $3,221,194 | |
Mortgages and other notes payable | $2,728,077 | |
Other | $493,117 | |
Total liabilities and net assets/fund balances | $2,558,844 |
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 | $19 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $19 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
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 | $192,077 |
Net value of noncharitable-use assets | $189,200 |
Minimum investment return | $9,460 |
Distributable Amount (for 2012) | |
Distributable amount | $9,441 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $9,441 |
Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
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 |
Write your review! |
|
Recently Added Reviews |
The Red Sox Foundation Inc in Boston, MA
![]() ![]() ![]() ![]() ![]() |
Ben And Rose Cole Charitable Pria Foundation in Boston, MA
![]() ![]() ![]() ![]() ![]() |
Chefs Table Foundation in Boston, MA
![]() ![]() ![]() ![]() ![]() |
Chester Square Neighborhood Association Inc in Boston, MA
![]() ![]() ![]() ![]() ![]() |
Landry Family Charitable Foundation in Boston, MA
![]() ![]() ![]() ![]() ![]() |
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
![]() ![]() ![]() ![]() ![]() |
Iglesia Camino Al Calvario in Lynn, MA |
Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
Fc Blazers in Needham Hgts, MA
![]() ![]() ![]() ![]() ![]() |
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Ud Property Management Corporation | 1845 E Northgate Dr, Irving, TX 75062-4736 | TX | 1995-05 | $2,409,507 |
2 | Fenway Community Development Corp | 70 Burbank Street, Boston, MA 02115-3630 | MA | $2,025,778 | |
3 | Restoration Housing Corporation | 11 New Whitney St, Boston, MA 02115-6276 | MA | 1979-10 | $1,820,921 |
4 | Suburban Housing Development And Research Inc | PO BOX 5012, Bay Shore, NY 11706-0011 | NY | 1981-10 | $1,342,613 |
5 | Metro West Collaborative Development Inc | 63 Mount Auburn St, Watertown, MA 02472-3924 | MA | 1991-05 | $888,367 |
6 | Equal Housing Fund Of Florida Corp | PO BOX 330537, Miami, FL 33233-0537 | FL | 1997-07 | $878,049 |
7 | Senior Home Security Inc, Home Services | 5019 Northrup Ave, Saint Louis, MO 63110-2029 | MO | 1977-11 | $815,804 |
8 | Chelsea Restoration Corporation | 154 Pearl St, Chelsea, MA 02150-2861 | MA | 1981-01 | $804,072 |
9 | West Side Neighborhood Housing Service Inc | 359 Connecticut St, Buffalo, NY 14213-2547 | NY | 1983-03 | $720,983 |
10 | Wesley House Community Center | 1719 Reynolds St, Knoxville, TN 37921-4761 | TN | 1978-03 | $626,922 |
11 | Why Not Community Housing Corporation | 6987 Bunker Hill Mine Rd, Yankee Hill, CA 95965-9772 | CA | 1996-06 | $275,660 |
12 | Rural California Housing Corporation | 3120 Freeboard Dr Ste 202, W Sacramento, CA 95691 | CA | 1968-06 | $223,768 |
13 | Framingham Housing Development Corporation Ii | 1 John J Brady Dr, Framingham, MA 01702-2307 | MA | 1995-01 | $203,066 |
14 | Van Wert Housing Services Inc | 525 Augustine Dr, Van Wert, OH 45891-1370 | OH | 1994-02 | $165,337 |
15 | Urban Suburban Affordables Inc | 47 Vine St, Hartford, CT 06112-2246 | CT | 1993-12 | $110,946 |
16 | Andover Community Trust Inc | PO BOX 5038, Andover, MA 01810-0820 | MA | 1997-04 | $35,459 |
17 | Community Improvement Program Inc | 29 Clarence St, Roxbury, MA 02119-2701 | MA | 1995-10 | $0 |
18 | Methuen Development Corporation | 24 Mystic St, Methuen, MA 01844-2468 | MA | 1997-06 | $0 |
19 | Seniorsconnect Inc, Polly Allen Polly Allen | 202 Erie Street, Cambridge, MA 02139 | MA | 1992-01 | $0 |
20 | Symphony Area Renaissance Trust | Po Box 230953, Boston, MA 02123 | MA | 1986-08 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 148 |
Organization representatives - add corrected or new information about Restoration Housing Corporation »
Non-representatives - add comments about Restoration Housing Corporation»