philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ibpat Training Realty Trust

Not tax-deductible

Roslindale, MA501(c)(5)Since 1993EIN 04-6630515Revenue $960K in FY2025

On file with the IRS25 Colgate Road, 02131-1123 · Roslindale, MATax-exempt since Mar 1993

Tell your story. Claim this org

Rental to non-profits

Mission: Form 990 Part I, line 1

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $216K a year · 26% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
30 mo
of spending, in cash
Looks good: 30.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$960K
+3% vs prior year
Spent
$806K
Net assets
$2.9M
By yearFY2020–FY2025
Revenue
$960K
FY2025▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$718K
FY2021$685K
FY2022$751K
FY2023$901K
FY2024$930K
FY2025$960K
Expenses
$806K
FY2025▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$479K
FY2021$562K
FY2022$538K
FY2023$534K
FY2024$729K
FY2025$806K
Net assets
$2.9M
FY2025▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$1.9M
FY2022$2.1M
FY2023$2.5M
FY2024$2.7M
FY2025$2.9M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Charles Fogell
Trustee (p)
$0Pt VII · Sec A
Joseph Itri
Trustee (p)
$0Pt VII · Sec A
Michael Lafferty
Trustee (p)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ibpat Training Realty Trust executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Ibpat Training Realty Trust is a member-serving organization based in Roslindale, MA, formed in 1993.

Questions for Ibpat Training Realty Trust

Tap to ask. Ibpat Training Realty Trust sees how many people are interested.

Your first name shows with your question. Ibpat Training Realty Trust answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

Rental to non-profits

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$960K
Ln 12
Fees for servicesLn 2g$909K
Investment incomeLn 3$51K
Money outPt IX
$806K
Ln 25
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$2.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$909K
Investment incomeLn 3$51K
Total revenueLn 12$960K
Assets in detailPt X, end of year
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.0M
Land, buildings, equipmentLn 10c$806K
Total assetsLn 16$2.9M
LiabilitiesLn 26$0
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.1M$2.0M
Land, buildings, equipmentLn 10c$620K$806K
Total assetsLn 16$2.7M$2.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.7M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$694
OccupancyLn 16$333K
TravelLn 17$25K
Depreciation, depletion and amortizationLn 22$117K
Other expenses (24a–d)Ln 24$331K
Total functional expensesLn 25$806K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $960K$806K$154K$2.9M 990 PDF
FY2024 $930K$729K$201K$2.7M 990 PDF
FY2023 $901K$534K$367K$2.5M 990 PDF
FY2022 $751K$538K$213K$2.1M 990 PDF
FY2021 $685K$562K$123K$1.9M 990 PDF
FY2020 $718K$479K$239K$1.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $959,781 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $881,195$909,004
I-10 Investment incomePrior year $48,735$50,777
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $929,930$959,781
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $729,085$805,894
I-18 Total expensesPrior year $729,085$805,894
I-19 Revenue less expensesPrior year $200,845$153,887
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $959,781 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $909,004$909,004
VIII-3 Investment incomeExcluded from tax $50,777$50,777
VIII-12 Total revenueRelated to mission $909,004 · Unrelated business $0 · Excluded from tax $50,777$959,781
Part IX · Statement of functional expenses $805,894 across 5 lines filed
IX-13 Office expenses$694
IX-16 Occupancy$332,514
IX-17 Travel$24,811
IX-22 Depreciation, depletion and amortization$116,777
IX-24 Other expenses (24a–d)$331,098
IX-25 Total functional expenses$805,894
Part X · Balance sheet $2,852,451 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $2,075,575$2,046,396
X-10c Land, buildings and equipment, netStart of year $619,949$806,055
X-16 Total assetsStart of year $2,695,524$2,852,451
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,695,524$2,852,451
X-33 Total liabilities and net assetsStart of year $2,695,524$2,852,451
Part XI · Reconciliation of net assets $2,852,451 net assets at year end
XI-1 Total revenue$959,781
XI-2 Total expenses$805,894
XI-3 Revenue less expenses$153,887
XI-4 Net assets at start of year$2,695,524
XI-9 Other changes in net assets$3,040
XI-10 Net assets at end of year$2,852,451

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.