Caribbean Integration Community Development INC FY2022 filing

Tax-deductible

Boston, MA501(c)(3)Community DevelopmentEIN 45-2512605Revenue $553K in FY2022

On file with the IRScicdofboston.org19 Tesla St, 02126-3017 · Boston, MATax-exempt since Feb 2013Publicly supported charity — 170(b)(1)(A)(vi)

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Assisting in the construction rehabilitation and preservation of low and moderate income housing. Assisting the development and sustainable growth of Caribbean business enterprise in greater Boston.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$129K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
3 of 3
filings with a surplus
Average surplus $355K a year · 41% 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
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$64K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
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
$553K
+489% vs prior year
Spent
$388K
To programs
73%
Net assets
$215K
By yearFY2018–FY2024
Revenue
$553K
FY2022▲ +489%
Tap a bar for its year
Revenue by fiscal year
FY2018$23K
FY2020$160K
FY2021$94K
FY2022$553K
FY2023$565K
FY2024$1.5M
Expenses
$388K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2018Not on file
FY2020Not on file
FY2021Not on file
FY2022$388K
FY2023$528K
FY2024$624K
Net assets
$215K
FY2022▲ +328%
Tap a bar for its year
Net assets by fiscal year
FY2018$19K
FY2020$86K
FY2021$50K
FY2022$215K
FY2023$252K
FY2024$1.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Feb 2013.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $284K Management & general 20% · $78K Fundraising 7% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $129K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$129,197Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Donald Alexis’s $177K as President is at the 58th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Donald Alexis$133,600$206,075$129,197$45,250

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Builds and preserves affordable housing and supports Caribbean businesses in Boston.

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Provided by the organization

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2 programs · $284K · in their own filed words · FY2022
01

Real Estate Project Cote Village

Assisting in the construction rehabilitation and preservation of low and moderate income housing.

$223Kprogram expense
02

Received Grants in assisting in the construction low and moderate income housing, supporting job creation and job training programs to increase availablity of employment in the community as well as assisting the development and sustainable growth of Caribbean business enterprise in greater Boston.

$61Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$75K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$553K
Ln 12
Fees for servicesLn 2g$311K
Gifts and grantsLn 1h$231K
Other incomeLn 4–11$11K
Money outPt IX
$388K
Ln 25
Programscol B$284K
Managementcol C$78K
Fundraisingcol D$27K
Owns and owesPt X
$215K
net assets · Ln 32
Cash and savingsLn 1–2$90K
Total assetsLn 16$280K
LiabilitiesLn 26$64K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$231K
Government grantsLn 1e$228K
Fundraising eventsLn 1c$2K
Fees for servicesLn 2g$311K
Investment incomeLn 3$282
Other incomeLn 4–11$11K
Total revenueLn 12$553K
Assets in detailPt X, end of year
CashLn 1$90K
Cash and savings togetherLn 1–2$90K
Land, buildings, equipmentLn 10c$38K
Other assetsLn 15$13K
Total assetsLn 16$280K
LiabilitiesLn 26$64K
Net assetsLn 32$215K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$150K$90K
Land, buildings, equipmentLn 10c$2K$38K
Total assetsLn 16$165K$280K
LiabilitiesLn 26$115K$64K
Net assetsLn 32$50K$215K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$142K$129K$13K
Payroll taxesLn 10$12K$10K$2K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$9K$6K$2K
Lobbying feesLn 11d$37K$37K
Professional fundraising feesLn 11e$11K$11K
Other fees for servicesLn 11g$93K$76K$17K
Advertising and promotionLn 12$18K$14K$4K
Office expensesLn 13$10K$10K
Information technologyLn 14$4K$4K
TravelLn 17$14K$4K$10K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$2K$2K
Other expenses (24a–d)Ln 24$5K$1K$2K$2K
All other expensesLn 24e$15K$12K$4K
Total functional expensesLn 25$388K$284K$78K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$624K$862K$1.1M 990 PDF
FY2023 $565K$528K$37K$252K 990 PDF
FY2022 Viewing $553K$388K$165K$215K 990 PDF
FY2021 $94K$50K 990 PDF
FY2020 $160K$86K 990 PDF
FY2019 Not on file
FY2018 $23K$19K 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 FY2022 990 (6 parts)
Part I · Summary $553,383 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $99,000$230,639
I-9 Program service revenue$311,349
I-10 Investment income$282
I-11 Other revenue$11,113
I-12 Total revenuePrior year $99,000$553,383
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $51,086$153,415
I-16a Professional fundraising feesPrior year $64,128$10,809
I-17 Other expensesPrior year $19,018$224,088
I-18 Total expensesPrior year $134,232$388,312
I-19 Revenue less expensesPrior year −$35,232$165,071
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $553,383 across 7 lines filed
VIII-1c Fundraising events$2,499
VIII-1e Government grants$228,140
VIII-1h Total contributions, gifts and grants$230,639
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $311,349$311,349
VIII-3 Investment incomeExcluded from tax $282$282
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,113$11,113
VIII-12 Total revenueRelated to mission $322,462 · Unrelated business $0 · Excluded from tax $282$553,383
Part IX · Statement of functional expenses $388,312 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $129,197 · Management $12,572$141,769
IX-10 Payroll taxesPrograms $9,884 · Management $1,762$11,646
IX-11b Legal feesPrograms $12,500$12,500
IX-11c Accounting feesPrograms $6,298 · Management $2,500$8,798
IX-11d Lobbying feesPrograms $37,000$37,000
IX-11e Professional fundraising feesFundraising $10,809$10,809
IX-11g Other fees for servicesPrograms $76,184 · Management $16,887$93,071
IX-12 Advertising and promotionManagement $13,906 · Fundraising $4,103$18,009
IX-13 Office expensesManagement $9,511$9,511
IX-14 Information technologyManagement $3,689$3,689
IX-17 TravelManagement $3,976 · Fundraising $10,138$14,114
IX-19 Conferences, conventions and meetingsManagement $1,912$1,912
IX-20 InterestManagement $2,493$2,493
IX-22 Depreciation, depletion and amortizationManagement $2,470$2,470
IX-24 Other expenses (24a–d)Programs $1,136 · Management $2,442 · Fundraising $1,578$5,156
IX-24e All other expensesPrograms $11,595 · Management $3,770$15,365
IX-25 Total functional expensesPrograms $283,794 · Management $77,890 · Fundraising $26,628$388,312
Part X · Balance sheet $279,675 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $150,054$90,242
X-4 Accounts receivable$138,856
X-10c Land, buildings and equipment, netStart of year $1,681$37,526
X-15 Other assetsStart of year $13,253$13,051
X-16 Total assetsStart of year $164,988$279,675
X-25 Other liabilitiesStart of year $114,637$64,253
X-26 Total liabilitiesStart of year $114,637$64,253
X-27 Net assets without donor restrictionsStart of year $50,351$215,422
X-32 Total net assets or fund balancesStart of year $50,351$215,422
X-33 Total liabilities and net assetsStart of year $164,988$279,675
Part XI · Reconciliation of net assets $215,422 net assets at year end
XI-1 Total revenue$553,383
XI-2 Total expenses$388,312
XI-3 Revenue less expenses$165,071
XI-4 Net assets at start of year$50,351
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$215,422

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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