2025-05-13T10:59:56-04:00 2024-06-30 472399509 WORTHINGTON HUGHES & HOAR PC 400 W CUMMINGS PARK STE 3000 WOBURN MA 018016592 990 2023-07-01 043019658 CENTERBOARD INC CENT 7815989417 16 CITY HALL SQUARE LYNN MA 01901 MARK DEJOIE CEO 7815989417 2025-05-02 true true ANTHONY CARUSO P01286664 7813053534 2025-05-02 2023 2025-03-06 01:10:19Z MARK DEJOIE CENTERBOARD INC 16 CITY HALL SQUARE LYNN MA 01901 56217330 false X WWW.CENTERBOARD.ORG X 1988 MA CENTERBOARD IS A COMMUNITY-BASED ORGANIZATION THAT SUPPORTS FAMILIES AND YOUNG PEOPLE THROUGH HOUSING, ACCESS TO EMPLOYMENT, EDUCATION AND FINANCIAL EMPOWERMENT. (CONTINUED ON PAGE 2) 12 11 311 250 -174344 1227503 539184 24782070 55354183 21036 107430 156065 -93532 26186674 55907265 0 0 9563716 14925849 0 287767 13367618 32102130 22931334 47027979 3255340 8879286 29241319 40729453 15630029 18264570 13611290 22464883 X (CONTINUED FROM PAGE 1) WE WORK WITH LOCAL RESIDENTS, BUSINESSES, AND ELECTED OFFICIALS TO INCREASE ECONOMIC OPPORTUNITY IN THE COMMUNITY. THROUGH THESE EFFORTS, WE SERVE OVER 1,500 PEOPLE EACH YEAR. false false 34582313 44792125 SCATTERED SITES FAMILY EMERGENCY SHELTER AND STABILIZATION PROGRAMS ("SSFES") THE SSFES PROGRAM CONSISTS OF APPROXIMATELY 800 UNITS IN VARIOUS LOCATIONS THROUGHOUT THE NORTH SHORE. THE UNITS ARE MANAGED BY PRIVATE PROPERTY OWNERS, CENTERBOARD AND HOTEL FRANCHISES. SSFES CASE MANAGEMENT STAFF PROVIDES COMPREHENSIVE SERVICES TO HOMELESS AND MIGRANT FAMILIES. FAMILIES REFERRED TO THE SSFES PROGRAM BY THE MASSACHUSETTS DIVISION OF HOUSING AND COMMUNITY DEVELOPMENT ARE SCREENED FOR ELIGIBILITY. EXPANSION EFFORTS HAVE BEEN IN PLACE TO RESPOND TO THE INCREASE GROWTH AND HUMANITARIAN CRISIS. 2879320 3834704 YOUNG PARENT LIVING PROGRAM ("YPLP") THE YPLP IS A RESIDENTIAL PROGRAM DESIGNED TO PROVIDE A PERMANENT AND STABLE HOME ENVIRONMENT FOR APPROXIMATELY 33 PREGNANT OR PARENTING YOUNG MOTHERS AND THEIR CHILDREN. IN AN EMERGENCY SITUATION, THE PROGRAM MAY TEMPORARILY ACCOMMODATE THREE ADDITIONAL YOUNG MOTHERS AND THEIR CHILDREN UNTIL PERMANENT HOMES ARE FOUND. YOUNG PARENTS MUST BE REFERRED TO CENTERBOARD BY THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES ("DCF"). EVERY YOUNG MOTHER MUST ATTEND SCHOOL REGULARLY, AND PARTICIPATE IN SKILL DEVELOPMENT. THIS STRUCTURED CURRICULUM IS BALANCED WITH A NURTURING SUPPORT SYSTEM DESIGNED TO FOSTER PHYSICAL AND SOCIAL DEVELOPMENT FOR THE RESIDENTS AND THEIR CHILDREN. 1094460 1054800 INTENSIVE TREATMENT RESIDENCE ("ITR") THE ITR PROGRAM HOUSES YOUTH (AGES 12-18) REFERRED BY DCF AND PROVIDES RESIDENTS AN OPPORTUNITY TO LIVE IN A TRAUMA-INFORMED THERAPEUTIC, SUPPORTIVE ENVIRONMENT WHILE SAFELY ACCESSING THE COMMUNITY. ALONG WITH CLINICAL SUPPORT, THE PROGRAM ASSISTS YOUTH WITH MEETING THEIR EDUCATIONAL AND VOCATIONAL GOALS. 4970103 5672554 TOTAL TOTAL PROGRAM NAME: EXPENSES REVENUES YOUTH SUPPORTED LIVING PROGRAM 1,070,189 1,555,099 COMMUNITY TREATMENT RESIDENCE 954,923 901,133 YOUTH & YOUNG ADULT GROUP RESIDENCE 940,078 1,183,209 FAMILY RESOURCE CENTER 573,233 733,164 WE RISE 375,687 154,486 HOME WORKS PROGRAM 86,040 86,040 PHOENIX RISING PROGRAM 905,008 998,936 MENTOR PROGRAM 27,888 22,310 DYS SKILL UP 37,057 38,177 _________ _________ TOTAL 4,970,103 5,672,554 4970103 5672554 43526196 true true false false false false false false true false true false false false true false true false false false false false false false true false false false false true true false false false false false false false true true true false false false false false false false false false true 107 0 311 true true true false false false false false false false false false false false false false false false false X 12 11 false false false false false false false true true false false true true true true true true true true false MA X BRENDAN LAWRENCE 7815989417 16 CITY HALL SQUARE LYNN MA 01901 MARK DEJOIE CEO 40.00 X 213016 0 45935 HEATHER HILDEBRAND COO 40.00 X 199840 0 36837 THOMAS O'KEEFE PRESIDENT 2.00 X X 0 0 0 SCOTT BROGRAN CLERK 2.00 X X 0 0 0 SHAWN FORD TREASURER 2.00 X X 0 0 0 TRACY GILLIGAN DIRECTOR 2.00 X 0 0 0 KEMBERLY SOUSA DIRECTOR 2.00 X 0 0 0 TOYUWA NEWTON DIRECTOR 2.00 X 0 0 0 DOLLY MOSER DIRECTOR 2.00 X 0 0 0 LAURA BROWN DIRECTOR 2.00 X 0 0 0 MARTHA SOTIROPOULOS DIRECTOR 2.00 X 0 0 0 DONNA MARTIN DIRECTOR 2.00 X 0 0 0 JONAS SISON DIRECTOR 2.00 X 0 0 0 ALYSHA HILL DIRECTOR 2.00 X 0 0 0 AGNES MISIGAH DIR OF HSG P 40.00 X 111255 0 32336 524111 115108 3 false true false GUARANTEED ENTERPRISES LLC 134 WALNUT ST LYNN MA 01905 CONSTRUCTION 1159972 STONEHAM STAFFING GROUP PO BOX 1907 WAKEFIELD MA 01880 TEMP LABOR 700299 TECH EVOLUTION 85 EXCHANGE ST LYNN MA 01901 INFO TECHNOLOGY 211784 GREENBRITE CONSULTING LLC 2 ELM ST DORCHESTER MA 02122 MGMT CONSULTING 159764 4 539184 539184 COMMONWEALTH OF MASSACHUSETTS 623990 55199697 55199697 DIRECT FEDERAL CONTRACTS 623990 154486 154486 55354183 107430 107430 138180 302824 -164644 -164644 -174344 9700 32212 7241 24971 INSURANCE CLAIM PROCEEDS 623990 26474 26474 MISCELLANEOUS 623990 19667 19667 46141 55907265 55400324 -174344 117130 484595 484595 12310050 11244251 891375 174424 94350 67636 24855 1859 840930 636341 187654 16935 1195924 1008106 172596 15222 204444 195 203022 1227 134040 113059 20981 60900 60900 534567 337391 143437 53739 42540 75 42465 352188 226946 113136 12106 444247 189485 254762 22668642 22233035 432307 3300 372065 362584 9171 310 55051 45212 9645 194 776964 766024 10940 645854 624982 20872 267885 255676 12209 PROG. SUPPLIES & MEALS 3933560 3809238 119094 5228 TEMPORARY HELP 1074878 1074878 CLIENT SUPPORT 531082 531082 OTHER FUNDRAISING EXPENSE 3223 3223 47027979 43526196 3214016 287767 3264760 5675128 3613654 6871084 195877 153083 3188487 6956525 213641 329330 23966606 3757250 18088258 20209356 676642 534947 29241319 40729453 1362827 2165813 11701518 11466757 10150 14148 2515744 4594064 39790 23788 15630029 18264570 X 12592339 21803720 1018951 661163 13611290 22464883 29241319 40729453 X 8879286 -25693 X false true X true false X 366638 572026 1852067 1227503 539184 4557418 15332301 16831770 17057503 24897037 55354183 129472794 19162 22599 24882 79250 46141 192034 15718101 17426395 18934452 26203790 55939508 134222246 134222246 6363 8488 10679 53761 245610 324901 6363 8488 10679 53761 245610 324901 15724464 17434883 18945131 26257551 56185118 134547147 0.99760 0.99910 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 5045794 5045794 18150427 3177695 14972732 770385 579555 190830 20209356 OPERATING LEASE LIABILITIES 23788 23788 56217330 310065 310065 55907265 55907265 47363737 335758 335758 47027979 47027979 SCHEDULE D, PAGE 2, PART IV, LINE 2B CENTERBOARD RECEIVES FUNDS FROM THE MASSACHUSETTS DEPARTMENT OF CHILDREN AND FAMILIES ("DCF") WHICH ARE PAID DIRECTLY TO CLIENTS IN CENTERBOARD'S PROGRAMS TO PAY FOR LIVING EXPENSES. CENTERBOARD ALSO HOLDS SECURITY DEPOSITS FOR TENANTS LEASING ITS FACILITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 302,824 FUNDRAISING EVENT COSTS 7,241 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 302,824 FUNDRAISING EVENT COSTS 7,241 DECREASE IN SWAP VALUATION 25,693 GOLF TOURNAMENT 32212 32212 1360 4040 1841 32212 32212 1360 4040 1841 7241 24971 X X X X false false false false false false false false false MARK DEJOIE CEO 191923 21093 6645 39290 258951 HEATHER HILDEBRAND COO 179472 20368 6249 30588 236677 A MASS DEVELOPMENT FINANCE AGENCY 043431814 2017-08-31 5900000 REAL ESTATE ACQUISITION & REFINANCE OF EXISTING MORTGAGES false false false B MASS DEVELOPMENT FINANCE AGENCY 043431814 2020-02-28 7080800 REAL ESTATE ACQUISITION & REFINANCE OF EXISTING SECURED DEBT false false false A 809906 5900000 116785 14115 2838262 2930838 2018 false false true true B 556600 7080800 181934 37435 4399599 2461832 2020 false false true true A false true false false 0.00160 0.00160 false false true B false true false false 0.17150 0.17150 false false true A false true false false true true CITIZENS BANK 30.000000000000 false false false false true B false true false false true true CITIZENS BANK 30.000000000000 false false false false true A true B true PURPOSE OF ISSUE DESCRIPTION MASS DEVELOPMENT FINANCE AGENCY REAL ESTATE ACQUISITION & REFINANCE OF EXISTING MORTGAGES PURPOSE OF ISSUE DESCRIPTION MASS DEVELOPMENT FINANCE AGENCY REAL ESTATE ACQUISITION & REFINANCE OF EXISTING SECURED DEBT SHAWN FORD TREASURER/DIR. 1468427 SEE BELOW false OTHER VARIOUS SEE BELOW false MARK DEJOIE CEO 21000 SEE BELOW false SCHEDULE L, PART V INTERESTED PARTY: SHAWN FORD, TREASURER & DIRECTOR A MEMBER OF CENTERBOARD'S BOARD OF DIRECTORS IS ALSO SENIOR VICE PRESIDENT OF A MAJOR LOCAL FINANCIAL INSTITUTION THAT CENTERBOARD USES FOR BANKING PURPOSES IN THE ORDINARY COURSE OF BUSINESS, INCLUDING THE SERVICING OF A SINGLE CHECKING ACCOUNT. THE BOARD MEMBER IS NOT THE OFFICER ON THE ACCOUNTS AT THE BANK AND ANY ACCOUNT ACTIVITY, QUESTIONS, CONCERNS, INQUIRIES OR REQUESTS ARE DONE WITH THE LOCAL LYNN, MA OFFICE AND NOT THE BOARD MEMBER. IN MAY 2023, THE ORGANIZATION LEASED PROPERTY OWNED BY SHADO CHELSEA LLC ("SHADO"), A LIMITED LIABILITY COMPANY IN WHICH THE BOARD MEMBER HOLDS AN OWNERSHIP INTEREST. DURING THE YEAR ENDED JUNE 30, 2024, THE ORGANIZATION MADE PAYMENTS TO SHADO TOTALING 19,600 FOR OPERATING LEASE COSTS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION MADE PAYMENTS TOTALING 36,000 TO SHADO, OF WHICH 12,000 WAS FOR A SECURITY DEPOSIT AND 24,000 REPRESENTED SHORT-TERM OPERATING LEASE COSTS (RENT). THE ORGANIZATION LEASED THE PROPERTY WITH THE INTENTION TO PURCHASE IT AFTER THE BOARD MEMBER MADE SIGNIFICANT IMPROVEMENTS. THE ORGANIZATION PURCHASED THE PROPERTY FROM SHADO IN SEPTEMBER 2023, FOR A TOTAL PRICE OF 1,400,000, WHICH IS CONSISTENT WITH A RECENT APPRAISAL. IN CONNECTION WITH ACQUIRING THIS PROPERTY, CENTERBOARD TEMPORARILY HELD A NOTE PAYABLE TO SHADO IN THE AMOUNT OF 400,000, WHICH WAS REFINANCED WITH CITIZENS BANK IN MAY 2024. TOTAL INTEREST PAID TO SHADO IN CONNECTION WITH THIS NOTE PAYABLE WAS 10,827. CENTERBOARD PURCHASED TWO VEHICLES FROM THIS BOARD MEMBER: A 2011 FORD EXPLORER FOR 15,000 IN MARCH 2024, AND A 2005 TOYOTA HIGHLANDER FOR 2,000 IN JUNE 2024. INTERESTED PARTY: SHAWN FORD, TREASURER & DIRECTOR & MARK DEJOIE, CEO IN APRIL 2024, CENTERBOARD LEASED SEVEN APARTMENTS WITH JOIE FORD, LLC, A LIMITED LIABILITY COMPANY OWNED BY THE EXECUTIVE DIRECTOR AND A BOARD MEMBER (THE SAME BOARD MEMBER IN THE PRECEDING PARAGRAPH). TOTAL SHORT- TERM OPERATING LEASE COSTS PAID TO JOIE FORD, LLC WERE 42,000 FOR THE YEAR ENDED JUNE 30, 2024. MANAGEMENT HAS REPRESENTED THAT THE RENTS PAID FOR THESE APARTMENTS WERE AT FAIR MARKET RENTAL VALUE. INTERESTED PARTY: OTHER THE CHILDREN OF CERTAIN STAFF MEMBERS, INCLUDING EXECUTIVE MANAGEMENT, ARE TEMPORARILY EMPLOYED DURING THE SUMMER IN VARIOUS PROGRAMS, AND ARE PAID PRE-ESTABLISHED HOURLY RATES BASED ON A SALARY TIER SYSTEM. HOURS WORKED DURING THE FISCAL YEARS ENDED JUNE 30, 2024 AND 2023 WERE NOMINAL. THE COST IS CONSIDERED NECESSARY AND AT MARKET RATE. FORM 990, PAGE 2, PART III, LINE 4D TOTAL TOTAL PROGRAM NAME: EXPENSES REVENUES YOUTH SUPPORTED LIVING PROGRAM 1,070,189 1,555,099 COMMUNITY TREATMENT RESIDENCE 954,923 901,133 YOUTH & YOUNG ADULT GROUP RESIDENCE 940,078 1,183,209 FAMILY RESOURCE CENTER 573,233 733,164 WE RISE 375,687 154,486 HOME WORKS PROGRAM 86,040 86,040 PHOENIX RISING PROGRAM 905,008 998,936 MENTOR PROGRAM 27,888 22,310 DYS SKILL UP 37,057 38,177 _________ _________ TOTAL 4,970,103 5,672,554 FORM 990, PAGE 6, PART VI, LINE 11B THE CEO, COO, AND DIRECTOR OF FINANCE REVIEW THE FORM 990 CONTEMPORANEOUSLY WITH THE CPA/PAID-PREPARER (WORTHINGTON, HUGHES & HOAR, P.C.), PRIOR TO FILING THE FORM. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE FILED FORM 990 AT ITS NEXT REGULARLY SCHEDULED BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND OFFICERS ARE ENCOURAGED TO DISCLOSE ANY NEW OR POTENTIAL CONFLICT OF INTEREST AT EACH BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET REVIEW. EXECUTIVE STAFF PROVIDES RECOMMENDATIONS FOR COMPENSATION ADJUSTMENT BASED ON THE FOLLOWING: A) FUNDABILITY OF PROPOSED INCREASES WITHIN THE BUDGET, B) COMPENSATION ADJUSTMENTS AFFORDED DIRECT CARE STAFF THROUGH STATE CONTRACT ADJUSTMENTS, AND C) COMPARISON OF COMPENSATION FOR EXECUTIVE STAFF IN SIMILAR ORGANIZATIONS BASED ON THE SIZE AND SCOPE OF AGENCY OPERATIONS. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS PART VI, SECTION B, LINE 15A. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF INTEREST RATE SWAP -25,693