Document And Entity Information
Document And Entity Information | 6 Months Ended |
Jun. 30, 2021shares | |
Document and Entity Information [Abstract] | |
Document Type | 10-Q |
Document Quarterly Report | true |
Document Transition Report | false |
Document Period End Date | Jun. 30, 2021 |
Entity File Number | 333-117657-01 |
Entity Registrant Name | BCTC V ASSIGNOR CORP |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 14-1897562 |
Entity Address, Address Line One | 101 Arch Street |
Entity Address, City or Town | 13th Floor Boston |
Entity Address, State or Province | MA |
Entity Address, Postal Zip Code | 02110 |
City Area Code | 888 |
Local Phone Number | 773-1487 |
Title of 12(b) Security | None |
No Trading Symbol Flag | true |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | Yes |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
Entity Shell Company | true |
Entity Central Index Key | 0001267426 |
Current Fiscal Year End Date | --12-31 |
Document Fiscal Year Focus | 2021 |
Document Fiscal Period Focus | Q2 |
Amendment Flag | false |
Entity Common Stock, Shares Outstanding | 1,000 |
Condensed Balance Sheets
Condensed Balance Sheets - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
ASSETS | ||
INVESTMENT IN OPERATING PARTNERSHIP (Note B) | $ 100 | $ 100 |
ASSETS | 100 | 100 |
LIABILITIES | ||
Subscription payable | 100 | 100 |
LIABILITIES | 100 | 100 |
Stockholder's equity | ||
Common stock - 1,000 shares authorized, issued and outstanding, $1 par value per share (Note A) | 1,000 | 1,000 |
Less: subscription receivable | (1,000) | (1,000) |
Stockholder's equity | 0 | 0 |
LIABILITY AND STOCKHOLDER'S EQUITY | $ 100 | $ 100 |
Condensed Balance Sheets (Paren
Condensed Balance Sheets (Parenthetical) - $ / shares | Jun. 30, 2021 | Dec. 31, 2020 |
Condensed Balance Sheets | ||
Common Stock, Par or Stated Value Per Share | $ 1 | $ 1 |
Common Stock, Shares Authorized | 1,000 | 1,000 |
Common Stock, Shares, Issued | 1,000 | 1,000 |
Common Stock, Shares, Outstanding | 1,000 | 1,000 |
ORGANIZATION
ORGANIZATION | 6 Months Ended |
Jun. 30, 2021 | |
ORGANIZATION | |
ORGANIZATION | NOTE A – ORGANIZATION BCTC V Assignor Corp., a Delaware corporation (the “Corporation”), was organized on October 15, 2003 to act as the assignor limited partner of BF Garden Tax Credit Fund V L.P. (formerly known as Boston Capital Tax Credit Fund V L.P.), a Delaware limited partnership (the “Limited Partnership”), and does not engage in any other business. Units of beneficial interest in the limited partnership interest of the Corporation in the Limited Partnership have been assigned by the Corporation by means of beneficial assignee certificates (“BACs”) to investors and investors are entitled to all the rights and economic benefits of a limited partner of the Limited Partnership, including rights to a percentage of the income, gains, losses, deductions, credits and distributions of the Limited Partnership. Effective as of December 15, 2020, BF Garden Companion Limited Partnership, a Massachusetts limited partnership formerly known as Boston Capital Companion Limited Partnership (“Companion”) replaced John P. Manning as the sole owner of the Corporation. Also effective as of December 15, 2020, BFBC Holdings GP, LLC, a Delaware limited liability company and an affiliate of Boston Financial Investment Management, LP, a Delaware limited partnership (“BFIM”), replaced Boston Capital Partners II Corporation as the general partner of Companion, and BFIM replaced Boston Capital Companion Holdings Limited Partnership as the sole limited partner of Companion. |
INVESTMENT IN LIMITED PARTNERSH
INVESTMENT IN LIMITED PARTNERSHIP | 6 Months Ended |
Jun. 30, 2021 | |
INVESTMENT IN LIMITED PARTNERSHIP | |
INVESTMENT IN LIMITED PARTNERSHIP | NOTE B - INVESTMENT IN LIMITED PARTNERSHIP On October 15, 2003 |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Jun. 30, 2021 | |
SUBSEQUENT EVENTS | |
SUBSEQUENT EVENTS | NOTE C - SUBSEQUENT EVENTS Events that occur after the balance sheet date but before the financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. Subsequent events, which provide evidence about conditions that existed after the balance sheet date, require disclosure in the accompanying notes. Management evaluated the activity of the Corporation through the date the financial statements were issued, and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements. |
INVESTMENT IN LIMITED PARTNER_2
INVESTMENT IN LIMITED PARTNERSHIP (Details) - USD ($) | 6 Months Ended | |
Jun. 30, 2021 | Dec. 31, 2020 | |
INVESTMENT IN LIMITED PARTNERSHIP | ||
Limited Liability Company or Limited Partnership, Business, Formation Date | Oct. 15, 2003 | |
Cost Method Investments. | $ 100 | $ 100 |