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Nonprofit · EIN 92-1388874

BOSTON SQUARE HWEC

Tax-exempt · GRAND RAPIDS, MI 49507

Financials

$2.1M$20K2023$182K$64K2024
Revenue Expenses · by fiscal year end
Financials of BOSTON SQUARE HWEC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$181,880$63,560$118,320$31,514,891$29,474,352$2,040,539
December 31, 2023990$2,106,029$20,043$2,085,986$31,211,160$29,129,407$2,081,753
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$181,880
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$27,178
Management and general (functional)
$28,846
Fundraising (functional)
$7,536

Balance sheet and other

Total assets, start of year
$31,211,160
Total assets, end of year
$31,514,891
Total liabilities, end of year
$29,474,352
Net assets, end of year
$2,040,539
Land, buildings and equipment
$17,212,762
Gross receipts
$181,880
Employees
0
Volunteers
0
Year formed
2022
State of legal domicile
MI

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 / weekCompensation
JAMES JONESDIRECTOR & CHAIRPERSON
Trustee or director, Officer
1$0
KENYATTA BRAMEDIRECTOR & VICE-CHAIR
Trustee or director, Officer
1$0
ANDREA OWENSDIRECTOR & SECRETARY
Trustee or director, Officer
1$0
BRUCE OSTERINKDIRECTOR & TREASURER
Trustee or director, Officer
1$0
BEN EMDINDIRECTOR
Trustee or director
1$0
JOAN HUYSER-HONIGDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAMES JONESDIRECTOR & CHAIRPERSON
Trustee or director, Officer
1$0
KENYATTA BRAMEDIRECTOR & VICE-CHAIR
Trustee or director, Officer
1$0
ANDREA OWENSDIRECTOR & SECRETARY
Trustee or director, Officer
1$0
BRUCE OSTERINKDIRECTOR & TREASURER
Trustee or director, Officer
1$0
BEN EMDINDIRECTOR
Trustee or director
1$0
BING GOEIDIRECTOR
Trustee or director
1$0
JOAN HUYSER-HONIGDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1534 KALAMAZOO AVE SE 220, GRAND RAPIDS, MI 49507-2114
Principal officer (990 for 2024)
JAMES JONES, 1534 KALAMAZOO AVE SE 220, GRAND RAPIDS, MI 49507
Signed the 990
BRUCE OSTERINK, BOARD TREASURER
Phone
(616) 279-3936
Return prepared by
PLANTE & MORAN PLLC

Mission

BOSTON SQUARE HWEC WAS FORMED AS A SUPPORTING ORGANIZATION TO AMPLIFY GR. IT IS ORGANIZED AND OPERATED AT ALL TIMES EXCLUSIVELY TO CARRY OUT THE PURPOSES OF AGR WITH A SHARED MISSION OF WIDENING PATHWAYS IN ECONOMIC MOBILITY, MIXED-INCOME HOUSING, EDUCATION, AND HEALTH AND WELL-BEING SO THAT ALL NEIGHBORS CAN PARTICIPATE IN AND BENEFIT FROM COMMUNITY GROWTH. BOSTON SQUARE HWEC HAS A FUNDAMENTAL ROLE IN DEVELOPING AND OPERATING A COMMUNITY HUB TO ADVANCE AN EQUITY-FOCUSED VISION FOR BOSTON SQUARE THAT INCORPORATES HEALTH, EDUCATION, ARTS AND CULTURE, RECREATION, AND TECHNOLOGY. THE CONCEPT WAS ESTABLISHED DURING A NEIGHBOR-LED PLANNING PROCESS CALLED BOSTON SQUARE TOGETHER.

990 for the year ended December 31, 2024

Program accomplishments

  • BOSTON SQUARE HWEC HAS SUPPORTED THE BEGINNING OF CONSTRUCTION ON THE 45,000-SQUARE-FOOT BOSTON SQUARE COMMUNITY HUB IN FEBRUARY 2023. THIS INCLUDES ALIGNMENT AND COMMITMENT OF PARTNERS IN EARLY CHILDHOOD EDUCATION, HEALTHCARE, FITNESS, AFTERSCHOOL PROGRAMMING, AND ENRICHMENT.
    Expenses $27,178

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 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
92-1388874
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$31,514,891
Income (IRS master file)
$181,880

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$181,880$63,560$31,514,891IRS
990-TDecember 2024–––IRS
990December 2023$2,106,029$20,043$31,211,160XML
990December 2022$0$0$0IRS

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 92-1388874).

Questions about BOSTON SQUARE HWEC

What is the EIN of BOSTON SQUARE HWEC?
The employer identification number (EIN) of BOSTON SQUARE HWEC is 92-1388874.
Is BOSTON SQUARE HWEC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to BOSTON SQUARE HWEC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BOSTON SQUARE HWEC 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 BOSTON SQUARE HWEC 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 BOSTON SQUARE HWEC 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 BOSTON SQUARE HWEC?
The 990 for the year ended December 31, 2024 names JAMES JONES.
Who are the officers and directors of BOSTON SQUARE HWEC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does BOSTON SQUARE HWEC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $181,880, expenses of $63,560 and total assets of $31,514,891 at year end.

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