BOSTON HOMEOWNER SERVICES COLLABORATIVE INC

EIN: 237420526 501(c)(3) Housing & Shelter

DORCHESTER, MA

Total Revenue
$21,771
Total Expenses
$21,004
Total Assets
$980,240
Net Assets
$972,854
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MA
Principal Officer
LEIGHTON RICHARDSON
Phone
6178254200
Tax Period
2023-01-01 to 2023-12-31

BOSTON HOMEOWNER SERVICES COLLABORATIVE INC, founded in 1974, is a micro nonprofit in the Housing & Shelter sector that reported $22K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $21K left a modest 4% surplus.

Mission

BOSTON HOMEOWNER SERVICES COLLABORATIVE, INC. IS A NONPROFIT CORPORATION ESTABLISHED TO ENCOURAGE COOPERATIVE EFFORTS BY DIVERSE ELEMENTS OF BOSTON, MASSACHUSETTS TO COMBAT THE DECLINE AND DECAY OF THE NEIGHBORHOODS WITHIN THE CITY.

Program Service Accomplishments

Program 1
Expenses: $12,603 Revenue: $13,370

AFFORDABLE HOUSING LENDING

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,401
Program Service Revenue $13,370
Investment Income $0
Other Revenue $0
TOTAL REVENUE $21,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,603
Other Expenses $21,004
TOTAL EXPENSES $21,004

Year-over-Year Comparison

2023 2022 Change
Revenue $21,771 $23,923 -0.1%
Expenses $21,004 $2,576 +7.2%
Net Income $767 $21,347 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
6
$492,707
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARYL WRIGHT PRESIDENT (UNTIL 12/2023) 0.25
Officer Director
$0 $0 $0
LEIGHTON RICHARDSON TREASURER 0.25
Officer Director
$0 $0 $0
PAUL BLACK CLERK/PRESIDENT (AS OF 12/2023) 0.25
Officer Director
$0 $0 $0
MARIA ANDRADE DIRECTOR/CLERK (AS OF 12/2023) 0.25
Officer Director
$0 $0 $0
KIMBERLY LYLE CHIEF EXECUTIVE OFFICER 0.10
Officer
$0 $39,784 $239,784
DAVID SIMMONS DIR.OF FINANCE & ADMIN(UNTIL 9/23) 0.10
Officer
$0 $51,289 $252,923
SUSAN CHU DIRECTOR OF REAL ESTATE 0.10
Highest
$0 $33,762 $188,595
PAOLA PELLETIER OZUNA CHIEF OF STAFF 0.10
Highest
$0 $44,220 $189,528
WILLIAM RIORDAN ACCOUNTING MANAGER 0.10
Highest
$0 $50,000 $178,100
REGINAULD WILLIAMS DIRECTOR OF SMALL BUSINESS 0.10
Highest
$0 $26,487 $135,809
SAMARIAH BATTS-SPELLER DIRECTOR OF PEOPLE & CULTURE 0.10
Highest
$0 $27,077 $183,827
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
2024 No data No data No data No data
2023 $21,771 $21,004 $980,240 $767
2022 $23,923 $2,576 $571,377 $21,347
2021 $139,622 $37,653 $550,030 $101,969
2020 $12,655 $90,868 $448,061 $-78,213
2019 $20,433 $3,310 $526,274 $17,123
2018 $13,844 $1,862 $509,279 $11,982
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