2025-07-15T14:41:43-05:00 2024-08-31 135565207 KPMG LLP 60 SOUTH STREET TWO FINANCIAL CENTER BOSTON MA 02111 990 2023-09-01 237225337 ABCD REAL ESTATE CORPORATION INC ABCD 6173486376 178 TREMONT STREET BOSTON MA 02111 SHARON SCOTT-CHANDLER PRESIDENT/CEO 6173486376 2025-07-15 1 0 KRISTIN ANDERSON P01231300 6179881000 2025-07-11 2023 2025-03-06 01:10:19Z SHARON SCOTT-CHANDLER 178 TREMONT STREET BOSTON MA 02111 6185063 0 X N/A X 1972 MA SEE SCHEDULE O 7 7 0 7 0 0 0 0 0 0 4194 4038 -5219 458830 -1025 462868 0 0 0 0 0 0 0 0 0 0 0 0 0 -1025 462868 32423191 32886059 17879 17879 32405312 32868180 ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES. 0 0 458830 THE ORGANIZATION HELD AND LEASED THE REAL ESTATE FOR AND TO ITS RELATED ORGANIZATION, ACTION FOR BOSTON COMMUNITY DEVELOPMENT, INC. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X SHAYLA NAZAIRE 6173486280 178 TREMONT STREET BOSTON MA 02111 MARY CHIN CHAIR 1.00 1.00 X X 0 0 0 KATHLEEN FLYNN CLERK 1.00 1.00 X X 0 0 0 PATRICIA WASHINGTON TREASURER 1.00 1.00 X X 0 0 0 JEAN M BABCOCK DIRECTOR 1.00 1.00 X 0 0 0 SEAN DAUGHTRY EX OFFICIO DIRECTOR 1.00 1.00 X 0 0 0 YVONNE L JONES DIRECTOR 1.00 1.00 X 0 0 0 JAMES OWENS JR DIRECTOR 1.00 1.00 X 0 0 0 SHARON SCOTT-CHANDLER PRESIDENT/CEO 1.00 35.00 X 0 317554 64528 SHAYLA NAZAIRE CFO (AS OF 1/1/24) 1.00 35.00 X 0 127969 45595 KATHLEEN DONAHUE FORMER CFO 1.00 35.00 X 0 136888 24772 0 582411 134895 0 1 1 0 0 4038 4038 6181025 5722195 458830 458830 458830 462868 458830 0 4038 0 0 0 0 331001 374200 1585842 1896275 32205783 18770611 13207900 13435172 17298448 17180412 32423191 32886059 17879 17879 17879 17879 X 32405312 32868180 32405312 32868180 32423191 32886059 462868 0 X X 0 1 X 0 0 3702355 3702355 14132990 9294760 4838230 13964696 9172912 4791784 349086 302939 46147 56656 56656 13435172 DUE FROM ABCD, INC. 17180412 17180412 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS ACTION FOR BOSTON COMMUNITY DEVELOPMENT, INC. IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED UNDER INTERNAL REVENUE CODE (IRC) SECTION 501 (C) (3), AND ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORPORATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED UNDER IRC SECTION 501 (C) (2). AS SUCH, THE ORGANIZATION IS GENERALLY EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(A). THE ORGANIZATION IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR HAVE A MATERIAL EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS. 0 0 0 SHARON SCOTT-CHANDLER PRESIDENT/CEO 0 316741 0 0 0 813 0 30800 0 33728 0 382082 0 0 SHAYLA NAZAIRE CFO (AS OF 1/1/24) 0 127969 0 0 0 0 0 13057 0 32538 0 173564 0 0 KATHLEEN DONAHUE FORMER CFO 0 136372 0 0 0 516 0 13986 0 10786 0 161660 0 0 SCHEDULE J, PART II INDIVIDUALS LISTED IN PART II ARE PAID FOR THEIR SERVICES RENDERED TO A RELATED ORGANIZATION AND NOT FOR THEIR SERVICE ON THE GOVERNING BODY OF THE FILING ORGANIZATION. FORM 990, PART I, LINE 1 ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS THE FORM 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM, KPMG LLP. ABCD'S CHIEF FINANCIAL OFFICER THEN REVIEWS THE FORM WHERE RECOMMENDED CHANGES, IF ANY, ARE DISCUSSED AND, WHERE APPROPRIATE, INCORPORATED INTO THE RETURN. THE RETURN IS PRESENTED TO AND REVIEWED BY THE AUDIT COMMITTEE OF THE ORGANIZATION'S RELATED ORGANIZATION, ABCD, INC. AND ONCE THEY HAVE ACCEPTED THE RETURN, THEY RECOMMEND ACCEPTANCE TO THE FULL BOARD OF DIRECTORS. THE FULL BOARD IS GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST POLICY THE MEMBERS OF THE BOARD OF DIRECTORS ARE GIVEN THE CONFLICTS OF INTEREST AND DISCLOSURE STATEMENTS ANNUALLY. THE STATEMENTS ARE FILLED OUT BY THESE INDIVIDUALS AND RETURNED TO THE BOARD LIAISON WHO REVIEWS THE FORMS FOR ANY CONFLICT OF INTEREST. THE FINANCE/AUDIT COMMITTEE OF RELATED ORGANIZATION, ABCD, INC. RECEIVES THE FORMS WITH ANY CONFLICTS FOR THEIR REVIEW. AFTER MEETING AND DISCUSSING WITH THE INDIVIDUALS CONCERNED, THE COMMITTEE GIVES ITS RECOMMENDATIONS TO THE FULL BOARD FOR FINAL DETERMINATION. THE BOARD OF DIRECTORS ARE ALSO BOARD MEMBERS OF ABCD, INC. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY ABCD REAL ESTATE CORPORATION HAS NO COMPENSATED OFFICERS, DIRECTORS OR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE THE ORGANIZATION IS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS, WHICH ARE AVAILABLE ON THE QEBSITE OF ITS RELATED ORGANIZATION, ABCD, INC. AND THEY ARE ALSO AVAILABLE ON GUIDESTAR AND MASSACHUSETTS ATTORNEY GENERAL'S WEBSITES. ABCD REAL ESTATE DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XII, LINE 2C: THE RESPONSIBILITY FOR THE OVERSIGHT OF THE CONSOLIDATED AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT IS THE RESPONSIBILITY OF THE AUDIT COMMITTEE OF THE RELATED ORGANIZATION, ABCD, INC. ACTION FOR BOSTON COMMUNITY DEVELOPMENT INC 178 TREMONT STREET BOSTON MA 02111 042304133 SOCIAL SERVICES MA 501 (C) (3) LINE 7 N/A 0 ABCD LOW COST HOUSING 178 TREMONT STREET BOSTON MA 02111 233106477 HOUSING - INACTIVE MA 501 (C) (3) LINE 7 ABCD INC 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0