Centreport Cuna LLC FY2021 filing

Boston, MAUnknown exempt organizationEIN 20-5235613

Title holding corporation for real property.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $1.8M a year · 74% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
27 mo
of spending, in cash
Looks good: 26.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$835K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
-8% vs prior year
Spent
$568K
To programs
100%
Net assets
$23.0M
By yearFY2020–FY2023
Revenue
$2.0M
FY2021▼ -8%
Revenue by fiscal year
FY2020$2.2M
FY2021$2.0M
FY2022$3.0M
FY2023$0
Expenses
$568K
FY2021▼ -35%
Expenses by fiscal year
FY2020$876K
FY2021$568K
FY2022$412K
FY2023Not on file
Net assets
$23.0M
FY2021▲ +6%
Net assets by fiscal year
FY2020$21.7M
FY2021$23.0M
FY2022$165K
FY2023$0

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $568K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Centreport Cuna LLC executive salaries →

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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

Holds title to real property for charitable purposes.

Provided by the organization

This section is blank until Centreport Cuna LLC claims this page.

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Fees for servicesLn 2g$2.0M
Money outPt IX
$568K
Ln 25
Programscol B$568K
Owns and owesPt X
$23.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$23.9M
LiabilitiesLn 26$835K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.0M
Gains on assetsLn 7$0
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$22.6M
Other assetsLn 15$0
Total assetsLn 16$23.9M
LiabilitiesLn 26$835K
Net assetsLn 32$23.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$3.0M$1.3M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$19.6M$22.6M
Total assetsLn 16$22.6M$23.9M
LiabilitiesLn 26$866K$835K
Net assetsLn 32$21.7M$23.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2K$2K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$40K$40K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$69K$69K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$0
Office expensesLn 13$16K$16K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$24K$24K
Other expenses (24a–d)Ln 24$406K$406K
Total functional expensesLn 25$568K$568K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $0$0 990 PDF
FY2022 $3.0M$412K$2.6M$165K 990 PDF
FY2021 Viewing $2.0M$568K$1.4M$23.0M 990 PDF
FY2020 $2.2M$876K$1.3M$21.7M 990 PDF

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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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $2,002,998 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,002,998$2,002,998
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,002,998$2,002,998
Part IX · Statement of functional expenses $568,119 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,250$2,250
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $40,196$40,196
IX-11b Legal feesPrograms $4,712$4,712
IX-11c Accounting feesPrograms $2,500$2,500
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesPrograms $68,600$68,600
IX-11g Other fees for servicesPrograms $3,659$3,659
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $15,858$15,858
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $24,395$24,395
IX-24 Other expenses (24a–d)Programs $405,949$405,949
IX-25 Total functional expensesPrograms $568,119$568,119
Part X · Balance sheet $23,872,363 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $2,978,557$1,264,592
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $7,350$7,771
X-10c Land, buildings and equipment, netStart of year $19,600,000$22,600,000
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $22,585,907$23,872,363
X-17 Accounts payable and accrued expensesStart of year $345,978$342,527
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $191,943$164,371
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $328,500$328,500
X-26 Total liabilitiesStart of year $866,421$835,398
X-32 Total net assets or fund balancesStart of year $21,719,486$23,036,965
X-33 Total liabilities and net assetsStart of year $22,585,907$23,872,363
Part XI · Reconciliation of net assets $23,036,965 net assets at year end
XI-1 Total revenue$2,002,998
XI-2 Total expenses$568,119
XI-3 Revenue less expenses$1,434,879
XI-4 Net assets at start of year$21,719,486
XI-5 Net unrealized gains (losses) on investments$1,056,000
XI-9 Other changes in net assets−$1,173,400
XI-10 Net assets at end of year$23,036,965

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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