Nonprofit · EIN 23-7121174
JUST A START INC
Tax-exempt · CAMBRIDGE, MA 02140
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,255,008 | $12,808,967 | -$2,553,959 | $82,535,842 | $64,324,993 | $18,210,849 |
| December 31, 2023 | 990 | $13,437,370 | $8,760,951 | $4,676,419 | $69,150,614 | $48,676,228 | $20,474,386 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,846,063
- of which government grants
- $2,724,318
- Program service revenue
- $4,037,119
- Investment income
- $250,761
- Net gain from sales of assets
- $114,734
- Other revenue
- $121,065
Expenses
- Grants and similar amounts paid
- $1,725,270
- Compensation of officers, directors and key employees
- $376,440
- Other salaries and wages
- $4,462,570
- Salaries, compensation and benefits (total)
- $5,791,501
- Professional fundraising fees
- $0
- Legal fees
- $17,645
- Accounting fees
- $167,623
- Occupancy
- $1,564,692
- Travel
- $11,388
- Depreciation
- $217,809
- Program services (functional)
- $10,513,156
- Management and general (functional)
- $1,673,208
- Fundraising (functional)
- $622,603
Balance sheet and other
- Total assets, start of year
- $69,150,614
- Total assets, end of year
- $82,535,842
- Total liabilities, end of year
- $64,324,993
- Net assets, end of year
- $18,210,849
- Land, buildings and equipment
- $3,823,306
- Publicly traded securities
- $5,618,939
- Net assets without donor restrictions
- $16,465,235
- Net assets with donor restrictions
- $1,745,614
- Gross receipts
- $11,701,445
- Employees
- 74
- Volunteers
- 99
- Year formed
- 1970
- 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 |
|---|---|---|---|---|
| CARL NAGY-KOECHLIN | EXECUTIVE DIRECTOR Officer | 35.5 | $178,596 | $27,139 |
| NOAH SAWYER | DIRECTOR OF REAL ESTATE Highest-paid employee | 36.5 | $152,021 | $26,319 |
| ROBERT BRAININ | DIRECTOR OF FINANCE & ADMIN Officer | 37.5 | $145,096 | $25,609 |
| CARMEN CHAN | DIRECTOR OF RESOURCE DEVELOPMENT Highest-paid employee | 37.5 | $131,814 | $12,372 |
| MIRIAM ORTIZ | DIRECTOR OF EDUCATION & TRAINING Highest-paid employee | 37.5 | $131,423 | $5,347 |
| GERRY ZIPSER | DIRECTOR OF HOUSING Highest-paid employee | 36.5 | $129,646 | $5,347 |
| CIDALIA SILVA | CONTROLLER Highest-paid employee | 37.5 | $111,968 | $11,640 |
| SAMUEL GEBRU | CLERK (UNTIL 6/24) Trustee or director, Officer | 4 | $0 | $0 |
| PETER MUNKENBECK | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RICHARD HARDING | DIRECTOR (UNTIL 6/24) Trustee or director | 5 | $0 | $0 |
| RJ PANZO | DIRECTOR (UNTIL 6/24) Trustee or director | 5 | $0 | $0 |
| SHAWN FITZPATRICK | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SAMUEL MAMO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SARA REESE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TARA DENDY | DIRECTOR Trustee or director | 5 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN STOCKARD | DIRECTOR Trustee or director | 5 | $0 |
| MICHAEL R KUHN | TREASURER Trustee or director, Officer | 4 | $0 |
| JUNARDY JEAN-CHARLES | CHAIR (UNTIL 6/24) Trustee or director, Officer | 5 | $0 |
| MAHMOUD RAYA | DIRECTOR Trustee or director | 5 | $0 |
| ZOE WEINROBE | VC (UNTIL 6/24)/CHAIR (AS OF 7/24) Trustee or director, Officer | 5 | $0 |
| JOEL MIRANDA | DIRECTOR Trustee or director | 5 | $0 |
| JEFFREY MYERS | CLERK Trustee or director, Officer | 5 | $0 |
| JACK DONAHUE | DIRECTOR Trustee or director | 5 | $0 |
| HIWOT BEHABTU | DIRECTOR (UNTIL 6/24) Trustee or director | 5 | $0 |
| DONNA LEWIS | DIRECTOR Trustee or director | 5 | $0 |
| CARLOS ESPINOSA-TORO | DIRECTOR Trustee or director | 5 | $0 |
| LISA DRAPKIN | DIRECTOR Trustee or director | 4 | $0 |
| MAX CLERMONT | VICE CHAIR Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CARL NAGY-KOECHLIN | EXECUTIVE DIRECTOR Officer | 37.5 | $172,710 | $37,555 |
| ROBERT BRAININ | DIRECTOR OF FINANCE & ADMI Officer | 37.5 | $136,161 | $30,888 |
| NOAH SAWYER | DIRECTOR OF REAL ESTATE Highest-paid employee | 37.5 | $152,736 | $7,660 |
| CARMEN CHAN | DIRECTOR OF DEVELOPMENT Highest-paid employee | 37.5 | $123,092 | $15,247 |
| MIRIAM ORTIZ | DIRECTOR OF EDUCATION & T Highest-paid employee | 37.5 | $125,419 | $5,145 |
| GERRY ZIPSER | DIRECTOR OF HOUSING Highest-paid employee | 37.5 | $124,913 | $5,145 |
| VANDANA SAREEN | SR. REAL ESTATE DEVELOPMEN Highest-paid employee | 37.5 | $107,351 | $16,697 |
| JUNARDY JEAN-CHARLES | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ZOE WEINROBE | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| SAMUEL GEBRU | CLERK Trustee or director, Officer | 4 | $0 | $0 |
| MICHAEL R KUHN | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| HIWOT BEHABTU | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MAX CLERMONT | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TARA DENDY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JACK DONAHUE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LISA DRAPKIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CARLOS ESPINOSA-TORO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SHAWN FITZPATRICK | DIRECTOR Trustee or director | 5 | $0 | $0 |
| RICHARD HARDING | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DONNA LEWIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOEL MIRANDA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| PETER MUNKENBECK | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JEFFREY MYERS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| RJ PANZO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SUSAN STOCKARD | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 430 RINDGE AVE STE 301, CAMBRIDGE, MA 02140-2088
- Principal officer (990 for 2024)
- CARL NAGY-KOECHLIN, 430 RINDGE AVENUE 301, CAMBRIDGE, MA 02140
- Signed the 990
- CARL NAGY-KOECHLIN, EXECUTIVE DIRECTOR
- Phone
- (617) 494-0444
- Website
- WWW.JUSTASTART.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO PROMOTE EQUITY BY CREATING ACCESS TO STABLE HOUSING AND BUILDING PATHWAYS TO ECONOMIC OPPORTUNITY.
Program accomplishments
- REAL ESTATE DEVELOPMENT - JUST A START HAS DEVELOPED AND CONTINUES TO OWN AND OPERATE 645 AFFORDABLE APARTMENTS THROUGHOUT CAMBRIDGE AND SOMERVILLE, HOUSING APPROXIMATELY 1,500 PEOPLE WHO WOULD OTHERWISE BE UNLIKELY TO BE ABLE TO AFFORD APARTMENTS IN THESE EXPENSIVE AND HIGH-OPPORTUNITY CITIES. WE HAVE AN ADDITIONAL 350 NEW AFFORDABLE APARTMENTS IN OUR DEVELOPMENT PIPELINE, WHICH WE EXPECT TO DEVELOP IN THE COMING 5-6 YEARS. TO MAKE FIRST-TIME HOMEOWNERSHIP A REALITY FOR HOUSEHOLDS WITH MODERATE INCOMES, JUST A START HAS ALSO DEVELOPED 130 HOMEOWNERSHIP UNITS. WE ALSO MANAGE THE PRESERVATION, REHAB AND RESALE OF AFFORDABLE UNITS TO ENSURE FUTURE ACCESS TO AFFORDABLE CONDOMINIUMS IN CAMBRIDGE FOR RESIDENTS WITH MODERATE INCOMES.Expenses $5,970,498 · grants $1,705,020 · revenue $4,158,184
- EDUCATION AND TRAINING - JUST A START'S EDUCATION AND TRAINING PROGRAMS PROVIDE TUITION-FREE PATHWAYS TO CAREERS IN THE REGION'S GROWING EMPLOYMENT SECTORS. OUR ADULT CAREER TRAINING PROGRAM IS AN INTENSIVE, NINE-MONTH EDUCATION AND TRAINING PROGRAM FOR ADULTS WITH LOW INCOMES TO DEVELOP THE KNOWLEDGE AND CRITICAL PROBLEM-SOLVING SKILLS NEEDED TO ENTER FAMILY-SUSTAINING AND FULFILLING CAREERS IN THE GROWING BIOMEDICAL AND INFORMATION TECHNOLOGY (IT) FIELDS. APPROXIMATELY 85% OF GRADUATES OF THE PROGRAM GAIN EMPLOYMENT WITHIN 6-12 MONTHS OF GRADUATION AND INCREASE THEIR ANNUAL INCOME BY AN AVERAGE OF $20,000. ANOTHER PILLAR OF JUST A START'S EDUCATION AND TRAINING PROGRAMS IS YOUTHBUILD, WHICH ANNUALLY PROVIDES COMPREHENSIVE YOUTH DEVELOPMENT SERVICES TO APPROXIMATELY 50 OUT-OF-SCHOOL YOUTH BETWEEN THE AGES OF 16 AND 24. STUDENTS RECEIVE EDUCATION AND TRAINING THAT LEADS TO A HIGH SCHOOL CREDENTIAL, CONSTRUCTION OR RETAIL INDUSTRY CREDENTIALS, CAREER EXPLORATION, AND EMPLOYMENT.Expenses $2,798,854
- HOUSING RESOURCES AND SERVICES - JUST A START PROVIDES HOUSING RESOURCES AND SERVICES TO ITS 1,500 RESIDENTS AND APPROXIMATELY 1,000 COMMUNITY MEMBERS EACH YEAR. THROUGH FINANCIAL ASSISTANCE, MEDIATION, AND FOLLOW-UP SERVICES, OUR HOUSING STABILIZATION PROGRAM ALLOWS FAMILIES THREATENED WITH HOMELESSNESS TO REMAIN IN THEIR HOMES OR HELPS THEM FIND NEW AFFORDABLE HOUSING. OUR ECONOMIC MOBILITY PROGRAMS PROVIDE FINANCIAL EDUCATION, ONE-ON-ONE COACHING, AND FREE TAX SERVICES TO PEOPLE WITH LOW INCOMES SEEKING TO IMPROVE THEIR FINANCIAL STATUS AND PROSPECTS.Expenses $1,743,804 · grants $20,250
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
- 23-7121174
- 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
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $82,535,842
- Income (IRS master file)
- $11,701,445
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,255,008 | $12,808,967 | $82,535,842 | XML |
| 990 | December 2023 | $13,437,370 | $8,760,951 | $69,150,614 | XML |
| 990 | December 2022 | $11,435,335 | $13,586,032 | $49,969,547 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-7121174).
Questions about JUST A START INC
- What is the EIN of JUST A START INC?
- The employer identification number (EIN) of JUST A START INC is 23-7121174.
- Is JUST A START INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to JUST A START INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JUST A START 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 JUST A START 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 JUST A START 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 JUST A START INC?
- The 990 for the year ended December 31, 2024 names CARL NAGY-KOECHLIN.
- Who are the officers and directors of JUST A START INC?
- The 990 for the year ended December 31, 2024 lists 28 people; 7 received compensation from the organization, the highest $178,596 (CARL NAGY-KOECHLIN, EXECUTIVE DIRECTOR).
- How much revenue does JUST A START INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,255,008, expenses of $12,808,967 and total assets of $82,535,842 at year end.
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All nonprofits in CAMBRIDGE · Massachusetts · Community improvement and capacity building