LEE COMMUNITY DEVELOPMENT CORP

EIN: 043320522 501(c)(3) Community Improvement

Lee, MA

Total Revenue
$1,973
Total Expenses
$33,059
Total Assets
$419,811
Net Assets
$418,362
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MA
Principal Officer
Chauncey Collins
Phone
4139315221
Tax Period
2019-07-01 to 2020-06-30

LEE COMMUNITY DEVELOPMENT CORP, founded in 1985, is a micro nonprofit in the Community Improvement sector that reported $2K in total revenue in fiscal year 2019. Expenses of $33K exceeded revenue, resulting in a 1576% operating deficit.

Mission

Community Development in the Town of Lee Massachusetts

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $1,973
TOTAL REVENUE $1,973

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,377
Other Expenses $23,059
TOTAL EXPENSES $33,059

Year-over-Year Comparison

2019 2018 Change
Revenue $1,973 $-107,670 -1.0%
Expenses $33,059 $27,253 +0.2%
Net Income $-31,086 $-134,923 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Bruce President 0
Officer Director
$0 $0 $0
Chauncey Collins Treasurer 0
Officer Director
$0 $0 $0
Patricia Carlino Director 0
Director
$0 $0 $0
Marilyn Hansen Director 0
Director
$0 $0 $0
Dani Holmes Director 0
Director
$0 $0 $0
Raymond B Murray III Director 0
Director
$0 $0 $0
John E Toole Director 0
Director
$0 $0 $0
Robert Healy Director 0
Director
$0 $0 $0
Marc Digrigoli Director 0
Director
$0 $0 $0
Nick Arenti Director 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $1,973 $33,059 $419,811 $-31,086
2019 $-107,670 $27,253 $450,927 $-134,923
2018 $18,343 $13,547 $676,736 $4,796
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