Bccap Chodo INC FY2021 filing

Tax-deductible

Burlington, NJ501(c)(3)HousingEIN 22-3490804

Purpose is to provide low and moderate income housing in florence township, new jersey.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $121K a year · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$799K
×34 of total assets
Concern: liabilities are 3400% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Spent
$111K
To programs
100%
Net assets
−$774K
By yearFY2020–FY2024
Revenue
$0
FY2021
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
Expenses
$111K
FY2021▼ -42%
Expenses by fiscal year
FY2020$191K
FY2021$111K
FY2022$82K
FY2023$101K
FY2024Not on file
Net assets
−$774K
FY2021▼ -17%
Net assets by fiscal year
FY2020−$664K
FY2021−$774K
FY2022−$856K
FY2023−$957K
FY2024−$1.1M

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1997.

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% · $111K

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

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Bccap Chodo INC 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

Builds affordable housing for low and moderate-income residents in Florence Township, New Jersey.

Provided by the organization

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1 program service account for $111K of program spending, described in the organization's own filed words · FY2021.
01

See schedule oin furtherance of its exempt purpose to provide low andmoderate income housing to florence township, NJ, theorganization invested in roebling village inn urbanrenewal limited partnership in 1997. The partnership OWNS& operates a low income housing project in the subject area.

$111Kprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$111K
Ln 25
Programscol B$111K
Owns and owesPt X
−$774K
net assets · Ln 32
Total assetsLn 16$24K
LiabilitiesLn 26$799K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
InvestmentsLn 11–13$24K
Total assetsLn 16$24K
LiabilitiesLn 26$799K
Net assetsLn 32−$774K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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
InvestmentsLn 11–13$28K$24K
Total assetsLn 16$28K$24K
LiabilitiesLn 26$692K$799K
Net assetsLn 32−$664K−$774K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other expenses (24a–d)Ln 24$111K$111K
Total functional expensesLn 25$111K$111K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0−$1.1M 990 PDF
FY2023 $0$101K−$101K−$957K 990 PDF
FY2022 $0$82K−$82K−$856K 990 PDF
FY2021 Viewing $0$111K−$111K−$774K 990 PDF
FY2020 $0$191K−$191K−$664K 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 $0 across 1 lines filed
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
Part IX · Statement of functional expenses $110,571 across 1 line filed
IX-24 Other expenses (24a–d)Programs $110,571$110,571
IX-25 Total functional expensesPrograms $110,571 · Management $0 · Fundraising $0$110,571
Part X · Balance sheet $24,196 assets, 6 lines filed
X-13 Program-related investmentsStart of year $28,263$24,196
X-16 Total assetsStart of year $28,263$24,196
X-25 Other liabilitiesStart of year $692,065$798,569
X-26 Total liabilitiesStart of year $692,065$798,569
X-32 Total net assets or fund balancesStart of year −$663,802−$774,373
X-33 Total liabilities and net assetsStart of year $28,263$24,196
Part XI · Reconciliation of net assets −$774,373 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$110,571
XI-3 Revenue less expenses−$110,571
XI-4 Net assets at start of year−$663,802
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$774,373

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

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