Nonprofit · EIN 04-2324773
COMMUNITY BUILDERS INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $109,164,258 | $101,394,150 | $7,770,108 | $240,157,467 | $198,667,892 | $41,489,575 |
| December 31, 2023 | 990 | $99,652,501 | $99,048,740 | $603,761 | $192,738,242 | $160,091,204 | $32,647,038 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $17,639,256
- of which government grants
- $13,470,877
- Program service revenue
- $83,928,974
- Investment income
- $3,584,339
- Net gain from sales of assets
- $2,504,663
- Net income from fundraising events
- -$150,865
- Other revenue
- $4,011,689
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,934,407
- Other salaries and wages
- $53,408,435
- Salaries, compensation and benefits (total)
- $68,472,294
- Professional fundraising fees
- $0
- Legal fees
- $472,093
- Accounting fees
- $1,728,602
- Occupancy
- $5,398,029
- Travel
- $764,661
- Depreciation
- $645,785
- Program services (functional)
- $95,195,419
- Management and general (functional)
- $5,647,599
- Fundraising (functional)
- $551,132
Balance sheet and other
- Total assets, start of year
- $192,738,242
- Total assets, end of year
- $240,157,467
- Total liabilities, end of year
- $198,667,892
- Net assets, end of year
- $41,489,575
- Land, buildings and equipment
- $81,107,654
- Net assets without donor restrictions
- $20,194,694
- Net assets with donor restrictions
- $21,294,881
- Gross unrelated business income
- $13,000
- Gross receipts
- $109,343,563
- Employees
- 882
- Volunteers
- 20
- Year formed
- 1964
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARTHOLOMEW J MITCHELL III | PRESIDENT/CEO Officer | 40 | $400,118 | $44,619 |
| PATRICIA BELDEN | EXECUTIVE VP OF REAL ESTATE Officer | 40 | $343,812 | $57,698 |
| LISA WILCOX-ERHARDT | EXECUTIVE VP OF PROPERTY Officer | 40 | $306,962 | $15,656 |
| D MORGAN WILSON | SENIOR VP/CFO/TREASURER Officer | 40 | $257,743 | $45,315 |
| THOMAS BUONOPANE | CHIEF INVESTMENT OFFICER Officer | 40 | $247,012 | $44,553 |
| JUAN POWELL | VICE PRESIDENT OF DEV'T, MID-A Highest-paid employee | 40 | $223,484 | $42,173 |
| LEE HEISLER | VP OF DESIGN/CONSTRUCTION Highest-paid employee | 40 | $222,206 | $42,617 |
| ANDREW WAXMAN | REGIONAL VP FOR REAL ESTATE Highest-paid employee | 40 | $206,759 | $56,210 |
| WILLIAM WOODLEY | REGIONAL VP FOR REAL ESTATE Highest-paid employee | 40 | $193,101 | $58,410 |
| JESSE BATUS | REGIONAL VP FOR REAL ESTATE Highest-paid employee | 40 | $214,529 | $35,689 |
| PATRICE J HARRIS | GENERAL COUNSEL/VP (AS OF MAY) Officer | 40 | $139,765 | $31,151 |
| ADAM TROY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMY SCHECTMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREW CLARK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BENJAMIN JULLIEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERNITA JOHNSON GABRIEL | DIRECTOR Trustee or director | 2 | $0 |
| CAROL GALANTE | DIRECTOR Trustee or director | 2 | $0 |
| DAVID JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| JAY WALDER | DIRECTOR Trustee or director | 2 | $0 |
| JEFFREY SANCHEZ | DIRECTOR Trustee or director | 2 | $0 |
| KAMILLAH WOOD | DIRECTOR Trustee or director | 2 | $0 |
| KIM JANEY | DIRECTOR Trustee or director | 2 | $0 |
| LEONARD CLARK | DIRECTOR Trustee or director | 2 | $0 |
| LOUIS MERCEDES | DIRECTOR Trustee or director | 2 | $0 |
| MALCOLM WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
| MIA ROBERTS | DIRECTOR Trustee or director | 2 | $0 |
| MONICA WARREN-JONES | DIRECTOR Trustee or director | 2 | $0 |
| PATRICK NASH | DIRECTOR Trustee or director | 2 | $0 |
| RICHARD HIGH | DIRECTOR Trustee or director | 2 | $0 |
| ROBIN POWELL-MANDJES | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN SPEARS | DIRECTOR (AS OF 6/24) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICIA BELDEN | EXECUTIVE VICE PRESIDENT OF REAL ESTATE Officer | 40 | $386,679 | $56,349 |
| BARTHOLOMEW J MITCHELL III | PRESIDENT / CEO Officer | 40 | $396,990 | $40,138 |
| LISA WILCOX-ERHARDT | EXECUTIVE VICE PRESIDENT OF PROPERTY Officer | 40 | $330,013 | $13,542 |
| THOMAS BUONOPANE | CHIEF INVESTMENT OFFICER Officer | 40 | $274,528 | $54,934 |
| D MORGAN WILSON | CFO/TREASURER Officer | 40 | $272,963 | $51,030 |
| ANDREW WAXMAN | REGIONAL VICE PRESIDENT FOR RE Highest-paid employee | 40 | $236,588 | $55,485 |
| LEE HEISLER | VP OF DESIGN/CONSTRUCTION Highest-paid employee | 40 | $241,891 | $45,819 |
| JESSE BATUS | REGIONAL VICE PRESIDENT FOR RE Highest-paid employee | 40 | $243,573 | $40,496 |
| JUAN POWELL | VICE PRESIDENT OF DEVELOPMENT, MID-A Highest-paid employee | 40 | $242,791 | $40,719 |
| ETHAN CEPLIKAS | GENERAL COUNSEL/CLERK (THRU 12/23) Officer | 40 | $247,268 | $30,459 |
| WILLIAM WOODLEY | REGIONAL VICE PRESIDENT FO Highest-paid employee | 40 | $207,643 | $53,854 |
| ADAM TROY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMY SCHECTMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREW CLARK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AUDRA BOHANNON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BENJAMIN JULLIEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BERNITA JOHNSON GABRIEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN LP FALLON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CAROL GALANTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES RICCIO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAY WALDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAY WALDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFFREY SANCHEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KAMILLAH WOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KIM JANEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KIM JANEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LOUIS MERCEDES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MALCOLM WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIA ROBERTS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MONICA WARREN-JONES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICK NASH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICHARD HIGH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RITA GERMAN | DIRECTOR (THRU 6/23) Trustee or director | 2 | $0 | $0 |
| ROBIN POWELL-MANDJES | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 33 ARCH ST STE 1000, BOSTON, MA 02110-1442
- Principal officer (990 for 2024)
- BARTHOLOMEW J MITCHELL I, 33 ARCH STREET STE 1000 10TH FL, BOSTON, MA 02110
- Signed the 990
- D MORGAN WILSON, CFO / TREASURER
- Phone
- (857) 221-8600
- Website
- WWW.TCBINC.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE MISSION OF THE COMMUNITY BUILDERS, INC. IS TO BUILD STRONG COMMUNITIES WHERE PEOPLE OF ALL INCOMES CAN ACHIEVE THEIR FULL POTENTIAL. WE DO THIS BY DEVELOPING, FINANCING, AND OPERATING HIGH QUALITY AFFORDABLE, MIXED-INCOME HOUSING, BY COORDINATING ACCESS TO SUPPORT SERVICES, AND BY PLANNING AND IMPLEMENTING OTHER COMMUNITY AND ECONOMIC INITIATIVES CRITICAL TO THE COMMUNITIES WE SERVE. WE FOCUS PRIMARILY ON MEETING THE NEEDS OF LOWER INCOME PEOPLE NOT EFFECTIVELY SERVED BY MARKET FORCES. WE FAVOR A MULTI-DISCIPLINARY APPROACH AND ENGAGEMENTS OF SIGNIFICANT SCALE THAT CAN HAVE A LASTING IMPACT. WE SPECIALIZE IN LARGE-SCALE PUBLIC AND ASSISTED HOUSING REDEVELOPMENT PROJECTS, TRANSFORMING DISTRESSED HOUSING PROJECTS INTO ANCHORS FOR MULTIFACETED REVITALIZATION EFFORTS.
Program accomplishments
- THE PRIMARY PURPOSE OF THE CORPORATION IS TO FOSTER LOW- AND MODERATE-INCOME HOUSING ("AFFORDABLE HOUSING") BY ACQUIRING, OWNING,DEVELOPING, CONSTRUCTING, SPONSORING, MANAGING, IMPROVING (THROUGH REHABILIATION, NEW CONSTRUCTION OR OTHERWISE) AND MAKING AVAILABLE RENTAL AND HOMEOWNERSHIP HOUSING AT AN AFFORDABLE COST TO LOW- AND MODERATE-INCOME FAMILIES AND PERSONS WITHOUT DISCRIMINATION ON ANY BASIS THAT IS PROHIBITED UNDER THE CONSTITUTION OF THE UNITED STATES, AND TO STIMULATE, BY EXAMPLE OR OTHERWISE, THE RENOVATION AND IMPROVEMENT OF PROPERTIES, AND GENERALLY TO PROMOTE NEIGHBORHOOD IMPROVEMENT FOR THE BENEFIT OF PERSONS AND FAMILIES OF LOW- AND MODERATE-INCOME, AND FOR ELDERLY, DISABLED, AND OTHER DISADVANTAGED PERSONS WHO DESIRE TO LIVE AND RAISE THEIR FAMILIES IN SAFE, SANITARY AND ATTRACTIVE HOMES AND NEIGHBORHOODS, AND TO UNDERTAKE SUCH OTHER PROGRAMS RELATED THERETO AS ARE CONSISTENT WITH THE STATUS OF THE CORPORATION AS AN EXCLUSIVELY CHARITABLE ORGANIZATION, INCLUDING THEFOLLOWING ACTIVITIES AND PROGRAMS:1)TO RESEARCH, DISCOVER AND DEVELOP METHODS OF FINANCING, HOME IMPROVEMENT, REHABILITATION AND NEW CONSTRUCTION WHICH MAY BE OF ASSISTANCE TO LOW- AND MODERATE- INCOME FAMILIES AND PERSONS, INCLUDING WITHOUT LIMITATION, THE PLANNING AND EXECUTION OF DEMONSTRATION OREXPERIMENTAL AFFORDABLE HOUSING PROJECTS;2)TO ENGAGE IN THE DEVELOPMENT, CONSTRUCTION AND LONG-TERM MANAGEMENT OF AFFORDABLE HOUSING, MIXED-INCOME HOUSING AND COMMUNITY DEVELOPMENT PROJECTS;3)TO HELP NEIGHBORHOOD LEADERS, RESIDENTS AND INSTITUTIONS IN OBTAINING AND UTILIZING (I)THE FINANCIAL BACKING OF INDIVIDUALS, CHARITABLE TRUSTS AND INSTITUTIONS, (II)THE ADVICE OF EXPERTS IN THE REAL ESTATE, BANKING AND CONSTRUCTION FIELDS, AND (III) SUPPORT FROM COMMUNITY LEADERS AND GOVERNMENT AGENCIES AND OFFICIALS;4)TO PROVIDE FACILITIES, PERSONNEL AND FUNDS FOR STUDIES, SURVEYS AND DEMONSTRATION PLANS LEADING TO EFFECTIVE HOUSING IMPROVEMENTS OF THE GOALS OF THE CORPORATION TO BE CARRIED OUT BY PRIVATE AND PUBLIC INSTITUTIONS AND AGENCIES;5)TO MAKE OUTRIGHT GRANTS OR LOANS OF ALL OR ANY PART OF ITS FUNDS OR PROPERTY, WITH OR WITHOUT INTEREST, IN FURTHERANCE OF OR IN CONNECTION WITH THE OBJECTIVES OF THE CORPORATION;6)TO ENGAGE IN SUCH OTHER CHARITABLE, EDUCATIONAL OR SCIENTIFIC ACTIVITIES AS THE CORPORATION MAY FROM TIME TO TIME DETERMINE;7)TO SOLICIT, RECEIVE AND ACQUIRE BY PURCHASE, GIFT, DEVISE, BEQUEST, LEASE OR IN ANY OTHER MANY MANNER TO OWN, HOLD, USE, MAINTAIN, IMPROVE AND OPERATE, AND TO SELL, LEASE, CONVEY AND OTHERWISE DISPOSE OF ANY BUILDINGS, MONEY OR OTHER PROPERTY, REAL OR PERSONAL, IN FURTHERANCE OF ANY OF THE FOREGOING CHARITABLE, EDUCATIONAL OR SCIENTIFIC PURPOSES;8) TO ARRANGE FINANCING FOR ITS OWN AND OTHER NONPROFIT SPONSORED AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT PROJECTS BY APPLYING FOR AND IMPLEMENTING LOANS, LINES OF CREDIT, GRANTS, INVESTMENTS AND OTHER PRIVATE OR GOVERNMENTAL RESOURCES;9) TO PROVIDE FACILITIES, PERSONNEL AND FUNDS IN SUPPORT OF PROGRAMS AND SERVICES THAT WILL HELP RESIDENTS AND NEIGHBORHOODS TO ACHIEVE IMPROVED EDUCATIONAL, PERSONAL, SOCIAL AND ECONOMIC OUTCOMES ESSENTIAL TO INDIVIDUAL AND HOUSEHOLD SUCCESS AND COMMUNITY WEALTH AND WELL-BEING; AND10)TO DO ANY AND ALL THINGS DIRECTLY OR INDIRECTLY RELATED TO ANY OF THE FOREGOING EDUCATIONAL, SCIENTIFIC, OR CHARITABLE PURPOSES.Expenses $95,195,419 · revenue $88,078,528
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2324773
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $240,157,467
- Income (IRS master file)
- $109,343,563
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $109,164,258 | $101,394,150 | $240,157,467 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $99,652,501 | $99,048,740 | $192,738,242 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $90,231,129 | $90,115,251 | $168,160,745 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2324773).
Questions about COMMUNITY BUILDERS INC
- What is the EIN of COMMUNITY BUILDERS INC?
- The employer identification number (EIN) of COMMUNITY BUILDERS INC is 04-2324773.
- Is COMMUNITY BUILDERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to COMMUNITY BUILDERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY BUILDERS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY BUILDERS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY BUILDERS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY BUILDERS INC?
- The 990 for the year ended December 31, 2024 names BARTHOLOMEW J MITCHELL I.
- Who are the officers and directors of COMMUNITY BUILDERS INC?
- The 990 for the year ended December 31, 2024 lists 31 people; 11 received compensation from the organization, the highest $400,118 (BARTHOLOMEW J MITCHELL III, PRESIDENT/CEO).
- How much revenue does COMMUNITY BUILDERS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $109,164,258, expenses of $101,394,150 and total assets of $240,157,467 at year end.
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