Brookline Improvement Coalition Inc
- Assets
- $2.0m
- Revenue
- $296.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Brookline, MA
- Founding
- 08/1983
- Data as of
- 06/2021
- 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 06/2021, Brookline Improvement Coalition Inc generated $296.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $408.3k during the year ending 06/2021. While expenses have increased by 6.3% per year over the past 6 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
2021
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 |
|---|---|---|---|
Henry Winkelman Executive Director | Officer | 20 | $25,314 |
Roger Lipson President | OfficerTrustee | 2 | $0 |
Lee Cooke Childs Clerk | OfficerTrustee | 2 | $0 |
Stephen Pratt-Otto Treasurer | OfficerTrustee | 2 | $0 |
Deborah Brown Vice President | OfficerTrustee | 2 | $0 |
Nondita Correa-Mehrotra Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,816 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,816 |
| Total Program Service Revenue | $289,155 |
| Investment income | $4 |
| 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 | $296,143 |
| 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. | $25,314 |
| Compensation of current officers, directors, key employees. | $25,314 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,936 |
| Fees for services: Management | $16,707 |
| Fees for services: Legal | $9,145 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,175 |
| Advertising and promotion | $0 |
| Office expenses | $8,197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $176,463 |
| 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 | $61,791 |
| Insurance | $17,109 |
| All other expenses | -$5,540 |
| Total functional expenses | $408,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $266,183 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,245 |
| 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 | $10,964 |
| Net Land, buildings, and equipment | $1,636,616 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,395 |
| Total assets | $2,013,403 |
| Accounts payable and accrued expenses | $34,409 |
| Grants payable | $0 |
| Deferred revenue | $8,854 |
| 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 | $1,785,686 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,828,949 |
| Net assets without donor restrictions | $184,454 |
| Net assets with donor restrictions | $0 |
| 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 | $2,013,403 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brookline Improvement Coalition Inc has recieved totaling $114,073.
| Awarding Organization | Amount |
|---|---|
Brookline Community Foundation Inc Brookline, MA PURPOSE: ROOF REPLACEMENT, SPACE REHAB, TENANT UNION, OPERATING | $109,073 |
Mary W Harriman Foundation Broadwayth Fl New Yor, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Community Development Corporation Northampton, MA | $13,299,896 | $2,066,960 |
New York Mortgage Coalition Inc New York, NY | $2,919,874 | $1,089,367 |
Brookline Improvement Coalition Inc Brookline, MA | $2,013,403 | $296,143 |
Homeward Bound Program Bronx, NY | $0 | $149,877 |
Chi Reality Inc White Plains, NY | $50,485 | $0 |
Flipping For Charities Inc Somerset, MA | $136,896 | $0 |
Housing Partners Of New York Inc Brooklyn, NY | $354,229 | $0 |
Wellness Transitional Living Inc Valley Cottage, NY | $0 | $0 |
Union Neighborhood Assistance Corporation Boston, MA | $1,706,851 | $11,058 |
All Borough Solutions Inc Brooklyn, NY | $0 | $0 |
Antonetta Sacro Foundation Everett, MA | $499,055 | $0 |