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Nonprofit · EIN 23-7225337

ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP

Also known as ABCD REAL ESTATE CORPORATION INC

Tax-exempt · BOSTON, MA 02111

Financials

−$1K$02022$463K$02023$149K$02024
Revenue Expenses · by fiscal year end
Financials of ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$149,385$0$149,385$33,035,444$17,879$33,017,565
August 31, 2024990$462,868$0$462,868$32,886,059$17,879$32,868,180
August 31, 2023990-$1,025$0-$1,025$32,423,191$17,879$32,405,312
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$399
Net rental income
$148,986
Other revenue
$148,986

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$32,886,059
Total assets, end of year
$33,035,444
Total liabilities, end of year
$17,879
Net assets, end of year
$33,017,565
Land, buildings and equipment
$13,278,860
Net assets without donor restrictions
$33,017,565
Gross receipts
$5,364,521
Employees
0
Volunteers
7
Year formed
1972
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHARON SCOTT-CHANDLERPRESIDENT/CEO
Officer
1$0$331,148$72,640
SHAYLA NAZAIRECFO
Officer
1$0$188,642$58,921
KATHLEEN FLYNNCLERK
Trustee or director, Officer
1$0$0$0
MARY CHINCHAIR
Trustee or director, Officer
1$0$0$0
PATRICIA WASHINGTONTREASURER
Trustee or director, Officer
1$0$0$0
CANDICE CAINES-FRANCISDIRECTOR EX OFFICIO
Trustee or director
1$0$0$0
JAMES OWENS JRDIRECTOR
Trustee or director
1$0$0$0
SEAN K DAUGHTRYDIRECTOR
Trustee or director
1$0$0$0
YVONNE L JONESDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended August 31, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHARON SCOTT-CHANDLERPRESIDENT/CEO
Officer
1$0$317,554$64,528
SHAYLA NAZAIRECFO (AS OF 1/1/24)
Officer
1$0$127,969$45,595
KATHLEEN DONAHUEFORMER CFO
Former
1$0$136,888$24,772
MARY CHINCHAIR
Trustee or director, Officer
1$0$0$0
KATHLEEN FLYNNCLERK
Trustee or director, Officer
1$0$0$0
PATRICIA WASHINGTONTREASURER
Trustee or director, Officer
1$0$0$0
JEAN M BABCOCKDIRECTOR
Trustee or director
1$0$0$0
SEAN DAUGHTRYEX OFFICIO DIRECTOR
Trustee or director
1$0$0$0
YVONNE L JONESDIRECTOR
Trustee or director
1$0$0$0
JAMES OWENS JRDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended August 31, 2023: 8 people
NameTitleHours / weekCompensation
MARY CHINCHAIR
Trustee or director, Officer
1$0
PATRICIA WASHINGTONTREASURER
Trustee or director, Officer
1$0
KATHLEEN FLYNNCLERK
Trustee or director, Officer
1$0
JEAN BABCOCKDIRECTOR
Trustee or director
1$0
THELMA BURNSDIRECTOR THRU 11/18/22
Trustee or director
1$0
YVONNE JONESDIRECTOR AS OF 11/18/22
Trustee or director
1$0
JAMES OWENS JRDIRECTOR
Trustee or director
1$0
SEAN DAUGHTRYEX OFFICIO DIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
178 TREMONT ST, BOSTON, MA 02111-1006
In care of
% JOHN J DREW
Principal officer (990 for 2024)
SHARON SCOTT-CHANDLER, 178 TREMONT STREET, BOSTON, MA 02111
Signed the 990
SHARON SCOTT-CHANDLER, PRESIDENT/CEO
Phone
(617) 348-6376
Return prepared by
KPMG LLP

Mission

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.

990 for the year ended August 31, 2025

Program accomplishments

  • THE ORGANIZATION HELD AND LEASED THE REAL ESTATE FOR AND TO ITS RELATED ORGANIZATION, ACTION FOR BOSTON COMMUNITY DEVELOPMENT, INC.
    revenue $148,986

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
23-7225337
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1973
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$33,035,444
Income (IRS master file)
$5,364,521

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$149,385$0$33,035,444XML
990August 2024$462,868$0$32,886,059XML
990August 2023-$1,025$0$32,423,191XML
990August 2022$66,388$0$32,424,216IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 23-7225337).

Questions about ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP

What is the EIN of ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP?
The employer identification number (EIN) of ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP is 23-7225337.
Is ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1973.
Are donations to ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP 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 ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP?
The 990 for the year ended August 31, 2025 names SHARON SCOTT-CHANDLER.
Who are the officers and directors of ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP?
The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does ACTION FOR BOSTON COMMUNITY DEVELOPMENT REAL ESTATE CORP have?
On its 990 for the year ended August 31, 2025 it reported revenue of $149,385, expenses of $0 and total assets of $33,035,444 at year end.

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