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Nonprofit · EIN 51-0173326

COMMUNITY BUILDERS CHARITABLE TRUST

Tax-exempt · BOSTON, MA 02110

Financials

$0$352023$0$1K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY BUILDERS CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$0$1,320-$1,320$1,859,457$94,670$1,764,787
December 31, 2023990$0$35-$35$1,860,777$94,670$1,766,107
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,250
Program services (functional)
$70
Management and general (functional)
$1,250

Balance sheet and other

Total assets, start of year
$1,860,777
Total assets, end of year
$1,859,457
Total liabilities, end of year
$94,670
Net assets, end of year
$1,764,787
Net assets without donor restrictions
$1,764,787
Gross receipts
$0
Employees
0
Volunteers
1
Year formed
1975
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
D MORGAN WILSONTRUSTEE
Trustee or director
0.1$0$257,743$45,315
BETH ELLIOTTTRUSTEE
Trustee or director
0.1$0$192,944$8,826
LOUIS MERCEDESTRUSTEE
Trustee or director
0.1$0$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
D MORGAN WILSONTRUSTEE
Trustee or director
0.1$0$272,963$51,030
ETHAN CEPLIKASTRUSTEE UNTIL 12/18/2023
Trustee or director
0.1$0$247,268$30,459
LOUIS MERCEDESTRUSTEE
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
33 ARCH ST STE 1000, BOSTON, MA 02110-1442
Principal officer (990 for 2024)
D MORGAN WILSON, 33 ARCH STREET STE 1000 10TH FL, BOSTON, MA 02110
Signed the 990
D MORGAN WILSON, TRUSTEE
Phone
(857) 221-8600
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

LOW INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • THIS TRUST HAS BEEN ORGANIZED AND SHALL AT ALL TIMES BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF THE COMMUNITY BUILDERS, INC., FORMERLY KNOWN AS GREATER BOSTON COMMUNITY DEVELOPMENT, INC., A CHARITABLE CORPORATION INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AND MEETING THE CLASSIFICATIONS OF SECTION 501 (C) (3) AND 170 (B) (1) (A) (VI) OF THE INTERNAL REVENUE CODE OF 1986. MORE SPECIFICALLY, THE PURPOSES FOR WHICH THIS TRUST IS ORGANIZED AND OPERATED ARE TO AID IN THE ACQUISITION, IMPROVEMENT (THROUGH REHABILITATION, NEW CONSTRUCTION OR OTHERWISE) AND MAKING AVAILABLE AT THE LOWEST POSSIBLE COST TO PERSON AND FAMILIES WITH LOW INCOME OF EVERY RACE, RELIGION AND NATIONALITY, OF HOUSING IN THE GREATER BOSTON METROPOLITAN AREA ELSEWHERE IN MASSACHUSETTS AND ELSEWHERE IN THE U.S., AND TO STIMULATE, BY EXAMPLE OR OTHERWISE, THE RENOVATION OR IMPROVEMENT OF PROPERTIES IN THE GREATER BOSTON METROPOLITAN AREA, ELSEWHERE IN MASSACHUSETTS AND ELSEWHERE IN THE U.S. AND GENERALLY TO PROMOTE NEIGHBORHOOD IMPROVEMENT FOR THE BENEFIT OF PERSONS OF LIMITED MEANS WHO DESIRE TO LIVE AND RAISE THEIR FAMILIES AND TO ENJOY SAFE, SANITARY AND ATTRACTIVE HOMES IN THE UNITED STATES. IN FURTHERANCE OF, AND IN ADDITION TO, THE PRIMARY PURPOSES OF TRUSTEES SHALL HAVE THE FOLLOWING POWERS:1. TO MAKE OUTRIGHT GRANTS OR LOANS OF ALL OR ANY PART OF THEIR FUNDS OR PROPERTY, WITH OR WITHOUT INTEREST, SECURED OR UNSECURED, IN FURTHERANCE OF OR IN CONNECTION WITH THE OBJECTIVES OF THE TRUST AND THE COMMUNITY BUILDERS, INC. FOR EXAMPLE, GRANTS OR LOANS MAY BE MADE TO PAY FOR LEGAL AID, ARCHITECTURAL FEES, LAND OPTIONS, PRELIMINARY ENGINEERING COSTS, VARIOUS OPERATION FEES TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OR THE MASSACHUSETTS HOUSING FINANCE AGENCY AND OTHER INITIAL COSTS WHICH MUST BE ADVANCED PRIOR TO THE RECEIPT OF MORTGAGE OR EQUITY FINANCING IN CONNECTION WITH THE DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN FURTHERANCE OF THE OBJECTIVES OF THE TRUST AND THE COMMUNITY BUILDERS, INC.2. TO ACT AS A CLEARING HOUSE FOR TECHNICAL INFORMATION AND SPECIFIC PROJECTS AND PLANS AND THEREBY 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; SURVEYS AND DEMONSTRATION PLANS LEADING TO EFFECTIVE HOUSING IMPROVEMENT AND CONSTRUCTION PROGRAMS DIRECTED TOWARD THE ACHIEVEMENT OF THE GOALS OF THE TRUST AND THE COMMUNITY BUILDERS, INC. TO BE CARRIED OUT BY PRIVATE OR PUBLIC INSTITUTIONS AND AGENCIES.3. TO PAY INCOME AND PRINCIPAL TO THE COMMUNITY BUILDERS, INC. FOR ITS GENERAL CORPORATE PURPOSES;4. TO SOLICIT, RECEIVE AND ACQUIRE BY PURCHASE, GIFT DEVISE, BEQUEST, LEASE OR IN ANY OTHER MANNER, TO OWN, HOLD, RISE, MAINTAIN, IMPROVE AND OPERATE, AND TO SELL, LEASE, CONVEY AND OTHERWISE DISPOSE OF ANY MONEY OR OTHER PROPERTY, REAL OR PERSONAL, IN FURTHERANCE OF ANY OF THE FOREGOING CHARITABLE PURPOSES; 5. NO PART OF THE TRUST PROPERTY OR THE NET EARNINGS FROM IT SHALL INURE TO BE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL AND NO SUBSTANTIAL PART OF THE ACTIVITIES OF THIS TRUST OR ITS TRUSTEES IN THEIR CAPACITY AS SUCH TRUSTEES SHALL CONSIST OF CARRYING ON PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION, OR OF PARTICIPATING IN OR INTERVENING IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS), AND POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE. ANY OTHER PROVISION HEREIN CONTAINED NOT WITHSTANDING IF THE TRUST SHALL EVER BE CLASSIFIED AS A PRIVATE FOUNDATION UNDER SECTION 509 THEN (1) THE TRUSTEES SHALL DISTRIBUTE SUCH AMOUNTS OF INCOME, AND PRINCIPAL IF NECESSARY, FOR EACH TAXABLE YEAR AT SUCH AMOUNTS OF INCOME, AND PRINCIPAL IF NECESSARY, FOR EACH TAXABLE YEAR AT SUCH TIME AND IN SUCH MANNER AS NOT TO BECOME SUBJECT TO THE TAX ON UNDISTRIBUTED INCOME IMPOSED BY SECTION 4942 AND (2) THE TRUSTEES ARE PROHIBITED FROM ENGAGING IN ANY ACT OR SELF-DEALING AS DEFINED IN SECTION 4941, FROM RETAINING ANY EXCESS BUSINESS HOLDINGS AS DEFINED IN SECTION 4943, FROM MAKING ANY INVESTMENT IN SUCH MANNER AS TO SUBJECT THIS TRUST TO TAX UNDER SECTION 4944 RELATING TO INVESTMENTS WHICH JEOPARDIZE THE CARRYING OUT OF CHARITABLE PURPOSES, AND FROM MAKING ANY TAXABLE EXPENDITURES AS DEFINED SECTION 4945.
    Expenses $70

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0173326
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1975
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,859,457

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$0$1,320$1,859,457XML
990December 2023$0$35$1,860,777XML
990December 2022$204,457$192,677$1,864,352IRS
990December 2021–––IRS
990December 2020–––IRS
990September 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 51-0173326).

Questions about COMMUNITY BUILDERS CHARITABLE TRUST

What is the EIN of COMMUNITY BUILDERS CHARITABLE TRUST?
The employer identification number (EIN) of COMMUNITY BUILDERS CHARITABLE TRUST is 51-0173326.
Is COMMUNITY BUILDERS CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to COMMUNITY BUILDERS CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does COMMUNITY BUILDERS CHARITABLE TRUST file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of COMMUNITY BUILDERS CHARITABLE TRUST 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 CHARITABLE TRUST 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 CHARITABLE TRUST?
The 990 for the year ended December 31, 2024 names D MORGAN WILSON.
Who are the officers and directors of COMMUNITY BUILDERS CHARITABLE TRUST?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does COMMUNITY BUILDERS CHARITABLE TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $1,320 and total assets of $1,859,457 at year end.

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