Brookline Improvement Coalition Inc
- Assets
- $2.0m
- Revenue
- $434.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Brookline, MA
- Founding
- 08/1983
- Data as of
- 06/2022
- EIN
- 04-2737054
Organization Overview
Brookline Improvement Coalition Inc is located in Brookline, MA. The organization was established in 1983. According to its NTEE Classification (L30) the organization is classified as: Housing Search Assistance, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookline Improvement Coalition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Brookline Improvement Coalition Inc generated $434.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $407.9k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER HOUSING OPPORTUNITIES IN BROOKLINE, MASSACHUSETTS, FOR LOW AND MODERATE INCOME HOUSEHOLDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED BUILDINGS THAT ARE LEASED TO LOW AND MODERATE INCOME HOUSEHOLDS IN THE TOWN OF BROOKLINE, MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Brown President | OfficerTrustee | 2 | $0 |
Lee Cooke Childs Clerk | OfficerTrustee | 2 | $0 |
Stephen Pratt-Otto Treasurer | OfficerTrustee | 2 | $0 |
Nondita Correa-Mehrotra Director | Trustee | 2 | $0 |
Rieko Hayashi Director | Trustee | 2 | $0 |
Chanda Jones Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,093 |
| Total Program Service Revenue | $315,920 |
| Investment income | $620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $434,876 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,553 |
| Fees for services: Legal | $9,671 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,132 |
| Advertising and promotion | $0 |
| Office expenses | $7,423 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,872 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,792 |
| Insurance | $17,770 |
| All other expenses | $0 |
| Total functional expenses | $407,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $309,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,213 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,239 |
| Net Land, buildings, and equipment | $1,636,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,970 |
| Total assets | $2,046,784 |
| Accounts payable and accrued expenses | $30,991 |
| Grants payable | $0 |
| Deferred revenue | $8,684 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,763,805 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,912 |
| Total liabilities | $1,835,392 |
| Net assets without donor restrictions | $141,392 |
| Net assets with donor restrictions | $70,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,046,784 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Community Development Corporation Northampton, MA | $26,965,396 | $4,190,882 |
New York Mortgage Coalition Inc New York, NY | $2,695,946 | $1,581,033 |
Brookline Improvement Coalition Inc Brookline, MA | $2,046,784 | $434,876 |
Reside Affordable Inc Brooklyn, NY | $163,793 | $228,350 |
Homeward Bound Program Bronx, NY | $0 | $170,816 |
Calvert Vaux Preservation Alliance Staatsburg, NY | $24,163 | $0 |
Union Neighborhood Assistance Corporation Boston, MA | $1,694,797 | $56,649 |
Flipping For Charities Inc Somerset, MA | $108,573 | $0 |
All Borough Solutions Inc Brooklyn, NY | $252,213 | $0 |
Housing Partners Of New York Inc Brooklyn, NY | $354,229 | $0 |
Wellness Transitional Living Inc Valley Cottage, NY | $0 | $0 |
Chi Reality Inc White Plains, NY | $53,587 | $0 |
Antonetta Sacro Foundation Everett, MA | $519,531 | $16,652 |