2024-07-15T15:01:10-05:00 2023-08-31 135565207 KPMG LLP 60 SOUTH STREET TWO FINANCIAL CENTER BOSTON MA 02111 990 2022-09-01 237225337 ABCD REAL ESTATE CORPORATION INC ABCD 6173486376 178 TREMONT STREET BOSTON MA 02111 SHARON SCOTT-CHANDLER PRESIDENT/CEO 6173486376 2024-07-12 1 SHARON SCOTT-CHANDLER 999009999 0 SHYAMALEE JOSEPH P01085371 6179881000 2024-07-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHARON SCOTT-CHANDLER 178 TREMONT STREET BOSTON MA 02111 5248425 0 X N/A X 1972 MA SEE SCHEDULE O 7 7 0 8 0 0 0 0 0 0 230 4194 66158 -5219 66388 -1025 0 0 0 0 0 0 0 0 0 0 0 0 0 66388 -1025 32424216 32423191 17879 17879 32406337 32405312 ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES. 0 0 ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND/OR DELEGATE AGENCIES, SUBSIDIARY CORPORATIONS OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X SHARON SCOTT-CHANDLER 6173486280 178 TREMONT STREET BOSTON MA 02111 X MARY CHIN CHAIR 1.00 1.00 X X 0 0 0 PATRICIA WASHINGTON TREASURER 1.00 1.00 X X 0 0 0 KATHLEEN FLYNN CLERK 1.00 1.00 X X 0 0 0 JEAN BABCOCK DIRECTOR 1.00 1.00 X 0 0 0 THELMA BURNS DIRECTOR THRU 11/18/22 1.00 1.00 X 0 0 0 YVONNE JONES DIRECTOR AS OF 11/18/22 1.00 1.00 X 0 0 0 JAMES OWENS JR DIRECTOR 1.00 1.00 X 0 0 0 SEAN DAUGHTRY EX OFFICIO DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 4194 4194 5244231 5249450 -5219 -5219 -5219 -1025 0 0 -1025 0 0 0 0 263910 331001 1164762 1585842 30935103 17727203 13421204 13207900 17574340 17298448 32424216 32423191 17879 17879 17879 17879 X 32406337 32405312 32406337 32405312 32424216 32423191 -1025 0 X 0 1 X 1 0 3453543 3453543 13476533 8958353 4518180 13599285 8488199 5111086 349086 280651 68435 56656 56656 13207900 DUE FROM ABCD, INC. 17298448 17298448 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS ACTION FOR BOSTON COMMUNITY DEVELOPMENT, INC. IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED UNDER INTERNAL REVENUE CODE (IRC) SECTION 501 (C) (3), AND ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORPORATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED UNDER IRC SECTION 501 (C) (2). AS SUCH, THE ORGANIZATION IS GENERALLY EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(A). THE ORGANIZATION IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR HAVE A MATERIAL EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, PART I, LINE 1 ABCD REAL ESTATE WAS ESTABLISHED TO ACQUIRE AND HOLD REAL ESTATE AND TO LEASE SUCH REAL ESTATE TO ABCD, INC. AND OR DESIGNEES IN ORDER TO REDUCE SPACE COSTS THROUGH EXEMPTION OF PROPERTY TAXES AND OTHER ECONOMIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS THE FORM 990 IS PREPARED BY ABCD'S CHIEF FINANCIAL OFFICER AND IT IS THEN REVIEWED BY THE ORGANIZATION'S ACCOUNTING FIRM, KPMG LLP. AFTER KPMG'S REVIEW, RECOMMENDED CHANGES, IF ANY, ARE DISCUSSED AND, WHERE APPROPRIATE, INCORPORATED INTO THE RETURN. THE RETURN IS PRESENTED TO AND REVIEWED BY THE FINANCE COMMITTEE AND ONCE THEY HAVE ACCEPTED THE RETURN, THEY RECOMMEND ACCEPTANCE TO THE FULL BOARD OF DIRECTORS. THE FULL BOARD IS GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE MEMBERS OF THE BOARD OF DIRECTORS ARE GIVEN THE CONFLICT OF INTEREST AND DISCLOSURE STATEMENTS ANNUALLY. THE STATEMENTS ARE FILLED OUT BY THESE INDIVIDUALS AND RETURNED TO THE BOARD LIAISON WHO REVIEWS THE FORMS FOR ANY CONFLICT OF INTEREST. THE FINANCE / AUDIT COMMITTEE RECEIVES THE FORMS WITH ANY CONFLICTS FOR THEIR REVIEW. AFTER MEETING AND DISCUSSING WITH THE INDIVIDUALS CONCERNED, THE COMMITTEE GIVES ITS RECOMMENDATIONS TO THE FULL BOARD FOR FINAL DISPOSITION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY ABCD REAL ESTATE CORPORATION HAS NO COMPENSATED OFFICERS, DIRECTORS OR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DISCLOSURE FINANCIAL STATEMENTS ARE INCLUDED ON THE ORGANIZATION'S WEBSITE IN ITS ANNUAL REPORT, AND THEY ARE ALSO AVAILABLE ON GUIDESTAR AND MASSACHUSETTS ATTORNEY GENERAL'S WEBSITES. ABCD REAL ESTATE DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC. ACTION FOR BOSTON COMMUNITY DEVELOPMENT 178 TREMONT STREET BOSTON MA 02111 042304133 SOCIAL SERVICES MA 501 (C) (3) LINE 7 N/A 0 ABCD LOW COST HOUSING 178 TREMONT STREET BOSTON MA 02111 233106477 HOUSING MA 501 (C) (3) LINE 7 ABCD INC 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0