2025-05-15T15:11:52-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 042737054 BROOKLINE IMPROVEMENT COALITION INC BROO 6175664442 1017 BEACON STREET UNIT 18 BROOKLINE MA 02446 DEBORAH BROWN PRESIDENT 6175664442 2025-05-15 1 0 MATTHEW HUTT CPA P01070603 5083669100 2025-05-14 2023 2025-03-06 01:10:19Z BROOKLINE COMMUNITY DEVELOPMENT CORPORATION DEBORAH BROWN 1017 BEACON STREET UNIT 18 BROOKLINE MA 02446 1172032 0 X BROOKLINECDC.COM X 1980 MA BROOKLINE COMMUNITY DEVELOPMENT CORPORATION (BCDC) IS A 501(C)3 NON-PROFIT ORGANIZATION THAT WORKS TO CREATE SUCCESSFUL PARTNERSHIPS AND PROGRAMS TO IMPROVE ACCESS TO DECENT, SAFE AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITY FOR BROOKLINE'S RESIDENTS 10 10 0 10 0 0 1062898 670801 470357 470870 2340 29683 1187 678 1536782 1172032 0 0 0 0 0 0 0 0 28559 561620 979830 561620 979830 975162 192202 2987826 2766153 1801272 2351338 1186554 414815 BROOKLINE COMMUNITY DEVELOPMENT CORPORATION (BCDC) IS A 501(C)3 NON-PROFIT ORGANIZATION THAT WORKS TO CREATE SUCCESSFUL PARTNERSHIPS AND PROGRAMS TO IMPROVE ACCESS TO DECENT, SAFE AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITY FOR BROOKLINE'S RESIDENTS 0 0 791267 471548 OPERATED BUILDINGS THAT ARE LEASED TO LOW AND MODERATE INCOME HOUSEHOLDS IN THE TOWN OF BROOKLINE, MASSACHUSETTS. BCDC ALSO WORKS CLOSELY WITH NEIGHBORHOOD GROUPS, RESIDENTS, LOCAL BUSINESSES , THE TOWN OF BROOKLINE, AND STATE AND FEDERAL PARTNERS TO SECURE RESOURCES TO AID IN THE DEVELOPMENT AND PRESERVAITON OF AFFORDABLE HOUSING. 791267 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 MA X JEFFREY WACHTER 6174878604 1017 BEACON STREET BROOKLINE MA 02446 DEBORAH BROWN PRESIDENT 2.00 X X 0 0 0 RAYALSHMI DYAL-CHAND CLERK 2.00 X X 0 0 0 JEFFREY WACHTER TREASURER 2.00 X X 0 0 0 ISABEL CRUZ DIRECTOR 2.00 X 0 0 0 ERIKA PIERRBIA DIRECTOR 2.00 X 0 0 0 LUCIANA SCHACHNIK DIRECTOR 2.00 X 0 0 0 KIMBERLY RICHARDSON DIRECTOR 2.00 X 0 0 0 PAUL HARRIS DIRECTOR 2.00 X 0 0 0 CARLOS RIOS DIRECTOR 2.00 X 0 0 0 ROBERT LEPSON DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 93000 310726 267075 670801 RENTS 900099 470870 470870 470870 29683 29683 678 900099 678 678 678 1172032 471548 0 29683 X 22993 22993 19240 19240 37200 37200 162982 71703 91279 421737 421737 61792 61792 ASSISTANCE PROGRAMS 105029 105029 OTHER 66621 35096 31525 TENANT SERVICES AND OUT 53677 53677 FUNDRAISING 28559 28559 979830 791267 160004 28559 516453 972616 667650 20220 64356 3119 11864 2875443 1362200 1575035 1513243 205349 204074 2987826 2766153 58237 64627 2564 571454 1740471 1715257 1801272 2351338 X 299808 414815 886746 0 1186554 414815 2987826 2766153 X 192202 -963941 X X 0 1 X 1 0 X 5816 118093 1062898 670801 1857608 305181 289155 315920 470357 470870 1851483 305181 294971 434013 1533255 1141671 3709091 0 0 0 3709091 2765 4 620 2340 29683 35412 2765 4 620 2340 29683 35412 1170 1168 243 1187 678 4446 309116 296143 434876 1536782 1172032 3748949 0.98940 0.99240 0.00940 0.00300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 761500 761500 2087004 1335261 751743 26939 26939 0 1513243 ESCROW DEPOSITS 4914 OPERATING RESERVE 13907 REPLACEMENT RESERVES 81294 DUE FROM MANAGEMENT COMPANY 103959 204074 X 1172032 0 1172032 0 1172032 979830 0 979830 0 979830 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE U.S. GAAP STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH REQUIRE THE ORGANIZATION TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2024 THE ORGANIZATION DETERMINED THAT IT HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE ORGANIZATION FILES INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTS WITH TWO MANAGEMENT COMPANIES TO PERFORM THE DAY TO DAY MANAGEMENT OF ITS RENTAL PROPERTIES. THE MANAGEMENT COMPANIES ARE COMPENSATED FOR PERFORMING THESE FUNCTIONS WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS TO REVIEW BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 71,703. MANAGEMENT AND GENERAL EXPENSES 91,279. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 162,982. FORM 990, PART XI, LINE 9: NON-RECOVERABLE DEVELOPMENT COSTS -77,195. RECLASSIFICATION OF CONDITIONAL GRANTS -886,746. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS MEETS WITH THE INDEPENDENT ACCOUNTANT TO RECEIVE AND APPROVE THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.