Cambridge Homes in Cambridge, Massachusetts (MA)

Cambridge Homes
Employer Identification Number (EIN)	042103958
Name of Organization	Cambridge Homes
Address	360 Mount Auburn Street, Cambridge, MA 02138-5525
Activities	Care and housing for the aged (see also 382), Housing for the aged (see also 153)
Subsection	Charitable Organization
Ruling Date	05/1918
Deductibility	Contributions are deductible
Foundation	Private operating foundation exempt from paying excise taxes on investment income
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	09/2013
Assets	$10,000,000 to $49,999,999
Income	$10,000,000 to $49,999,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$26,445,398
Amount of Income	$11,525,573
Form 990 Revenue Amount	$2,898,241

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2012

Assets for 2012

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2012)
Total revenue	$4,677,193	$2,232,757	$2,793,952
Contributions, gifts, grants, etc., received	$46,778
Interest on savings and temporary cash investments	$905
Dividends and interest from securities	$395,389
Gross rents	$0
Gross profit from sales of goods	$0
Other income	$2,397,658
Other	$1,836,463
Total expenses and disbursements	$2,991,043	$120,405	$2,793,952	$197,091
Compensation of officers, directors, trustees, etc.	$0
Total operating and administrative expenses	$2,991,043	$120,405		$197,091
Contributions, gifts, grants paid	$0
Excess of revenue over expenses and disbursements	$1,686,150
Net investment income		$2,112,352
Adjusted net income			$0

	Book Value	Fair Market Value
Balance Sheets (for 2012)
Total assets	$24,597,761	$24,597,761
Cash - non-interest-bearing	$266,105
Investments-U.S. and state government obligations	$3,246,335
Investments-corporate stock	$12,309,831
Investments-corporate bonds	$2,389,162
Investments-mortgage loans	$0
Investments-other	$1,621,857
Other	$4,764,471
Total liabilities	$222,700
Mortgages and other notes payable	$0
Other	$222,700
Total liabilities and net assets/fund balances	$24,375,061

Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income	$1,836,463
Net capital loss	$0

Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No
Tax based on investment income	$0
Total credits and payments	$0
Any penalty for underpayment of estimated tax	$0
Tax due	$0
Overpayment	$0
Amount to be credited to 2013 estimated tax	$0

Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?	Yes

Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No
Agree to pay money or property to a government official?	No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No
Provide a grant to an individual for travel, study, or other similar purposes?	No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No

Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$18,916,351
Net value of noncharitable-use assets	$18,632,600
Minimum investment return	$931,630

Distributable Amount (for 2012)
Distributable amount	$0

Undistributed Income (for 2012)
Distributable amount for 2012	$0
Undistributed income for 2012. This amount must be distributed in 2013	$0

	2012	2011	2010	2009	Total
Private Operating Foundations (for 2012)
The lesser of the adjusted net income or the minimum investment return	$1	$0	$792,303	$684,150	$1,476,453
Qualifying distributions made directly for active conduct of exempt activities	$197,091	$212,674	$2,716,634	$2,609,810	$5,736,209
Value of all assets	$1	$0	$0	$0	$1
Value of assets qualifying under section 4942(j)(3)(B)(i)	$0	$0	$0	$0	$0
2/3 of minimum investment return	$621,087	$619,189	$528,202	$456,100	$2,224,578
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

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Id	Name	Address	State	Established	Total Income
Other organizations in Massachusetts
1	Cambridge Community Housing Inc	280 Franklin St, Cambridge, MA 02139-3773	MA	1993-10	$2,733,480
2	Cambridge Community Services	99 Bishop Allen Drive, Cambridge, MA 02139-3428	MA	1946-11	$1,706,981
3	Cambridge Dance Youth Program Inc	624 Somerville Ave, Somerville, MA 02143-3206	MA	2005-06	$342,141
4	Cambridge Economic Opportunity Committee Inc	11 Inman St, Cambridge, MA 02139-2406	MA	1965-05	$1,381,847
5	Cambridge Enterprises Collaborative Inc	PO BOX 552, Boston, MA 02117-0552	MA	1987-10	$1,037,477
6	Cambridge Eviction Free Zone	55 Norfolk St, Cambridge, MA 02139-2614	MA	1996-09	$16,518
7	Cambridge Family Ymca	820 Massachusetts Ave, Cambridge, MA 02139-3228	MA	1966-01	$2,288,632
8	Cambridge Forum Inc	3 Church St, Cambridge, MA 02138-3715	MA	2000-01	$61,729
9	Cambridge Heritage Trust	58 Pleasant St, Cambridge, MA 02139-3836	MA	1965-06	$10
10	Cambridge Historical Society	159 Brattle St, Cambridge, MA 02138-3303	MA	1958-05	$657,858
11	Cambridge Homes	360 Mount Auburn Street, Cambridge, MA 02138-5525	MA	1918-05	$11,525,573
12	Cambridge Institute For Public Education Inc	16 Lowell Street, Cambridge, MA 02138	MA	2008-05	$0
13	Cambridge Lieder & Opera Society Inc, Arte Lyrica	30 Westland Rd, Watertown, MA 02472	MA	1999-07	$2,875
14	Cambridge Medical Care Foundation	1493 Cambridge St, Cambridge, MA 02139-1047	MA	1983-03	$280,885
15	Cambridge Montessori School Inc	161 Garden St, Cambridge, MA 02138-1240	MA	1964-07	$5,590,296
16	Cambridge Multicultural Arts Center	41 2nd St, Cambridge, MA 02141-1733	MA	1978-09	$439,153
17	Cambridge Neighborhood Apartment Housing Service Inc	280 Franklin St, Cambridge, MA 02139-3773	MA	1984-01	$1,470,472
18	Cambridge Nursery School Inc	6 Hillside Pl, Cambridge, MA 02140-3618	MA	1930-06	$311,495
19	Cambridge Office For Tourism Inc	4 Brattle Street, Cambridge, MA 02138-3714	MA	1995-08	$483,574
20	Cambridge Partnership For Public Education Inc	1350 Massachusetts Ave Ste 1021, Cambridge, MA 02138-3846	MA	1987-01	$0