2023-11-10T07:43:10-06:00 2022-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-01-01 223010422 OLNEYVILLE HOUSING CORPORATION OLNE 4013518719 66 CHAFFEE STREET PROVIDENCE RI 02909 JENNIFER HAWKINS EXECUTIVE DIRECTOR 4013518719 2023-11-08 1 JENNIFER HAWKINS 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ONE NEIGHBORHOOD BUILDERS JENNIFER HAWKINS 66 CHAFFEE STREET PROVIDENCE RI 02909 9587094 0 X WWW.OLNEYVILLE.ORG X 1988 RI HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS 10 10 41 10 0 0 5489820 7287143 1699465 1683727 331 11996 -461496 216025 6728120 9198891 947248 1402880 0 0 1967869 2305470 0 0 0 1901126 3376543 4816243 7084893 1911877 2113998 14027125 16065797 7760290 7859058 6266835 8206739 X ONE NEIGHBORHOOD BUILDERS (ONE/NB) IS A COMMUNITY DEVELOPMENT ORGANIZATION WITH A MISSION TO PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY. WE ACCOMPLISH OUR MISSION THROUGH: STRATEGIC REAL ESTATE DEVELOPMENT WITHIN THE GREATER-PROVIDENCE REGION TO INCREASE THE AVAILABILITY OF AFFORDABLE HOMES, SPUR ECONOMIC DEVELOPMENT, AND PROTECT OUR NATURAL RESOURCES; ENGAGEMENT OF PROVIDENCE RESIDENTS AND COMMUNITY-BASED ORGANIZATIONS TO BUILD TRUST AND COLLECTIVE PROBLEM-SOLVING; DEVELOPMENT OF INDIVIDUALS' FINANCIAL CAPABILITIES SO THAT THEY MAY REALIZE THEIR PERSONAL ASSET-BUILDING GOALS. 0 0 3020374 46351 1899752 REAL ESTATE DEVELOPMENT AND ASSET MANAGEMENT: ONE/NB HAS DEVELOPED ALMOST 600 AFFORDABLE HOMES IN HISTORICALLY-DISINVESTED PROVIDENCE NEIGHBORHOODS SINCE 1988. THE AGENCY PRESENTLY OWNS AND MANAGES 429 APARTMENTS, PROVIDING HIGH-QUALITY, AFFORDABLE HOUSING FOR RHODE ISLAND FAMILIES, INCLUDING INDIVIDUALS WHO EXPERIENCED HOMELESSNESS. ONE/NB HAS COMPLETED 11 LOW-INCOME HOUSING TAX CREDIT PROJECTS, TOTALING OVER $135 MILLION OF INVESTMENT. 3355981 1356529 COMMUNITY BUILDING: ONE/NB LEADS THE CENTRAL PROVIDENCE HEATH EQUITY ZONE, CHARGED WITH ADDRESSING THE ROOT CAUSES OF HEALTH DISPARITIES, IMPROVE NEIGHBORHOOD CONDITIONS, AND INCREASE ECONOMIC MOBILITY FOR RESIDENTS IN CENTRAL PROVIDENCE. ONE/NB'S COMMUNITY INITIATIVES HAVE IDENTIFIED SPECIFIC STRATEGIES TO ADDRESS LOCAL ISSUES LIKE HOUSING, JOBS, AND PUBLIC HEALTH AND SAFETY. 6376355 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 67 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 1 1 X JENIFFER REID 4015780960 66 CHAFFEE STREET PROVIDENCE RI 02909 ALTHEA GRAVES DIRECTOR (OUTGOING) 1.00 X 0 0 0 DOMENIC F DELMONICO TREASURER 1.00 X X 0 0 0 ELIZABETH HOWLETT DIRECTOR 1.00 X 0 0 0 ELIZABETH ROBERTS DIRECTOR (OUTGOING) 1.00 X 0 0 0 EVELYN RANONE DIRECTOR 1.00 X 0 0 0 JORDAN DURHAM DIRECTOR 1.00 X 0 0 0 KEVIN ESSINGTON DIRECTOR 1.00 X 0 0 0 LORRAINE LALLI VICE-CHAIR 2.00 X X 0 0 0 ROBERT MCMAHON DIRECTOR 2.00 X 0 0 0 ROCHELLE LEE SECRETARY 2.00 X X 0 0 0 VERONICA MARTINEZ DIRECTOR 1.00 X 0 0 0 XANDER MARRO CHAIR 2.00 X X 0 0 0 JENNIFER HAWKINS EXECUTIVE DIRECTOR 40.00 X 149890 0 0 ROBERT EBERSOLE DIRECTOR OF FINANCE 40.00 X 115724 0 0 MILTON BAXTER DIRECTOR OF REAL ESTATE 40.00 X 115590 0 0 381204 0 0 3 0 0 0 0 859296 6427847 7287143 DEVELOPMENT FEES 531390 722291 722291 RENTAL INCOME 531110 657690 657690 SERVICE FEES 531390 217782 217782 INTEREST INCOME - N/R 523000 85964 85964 1683727 11996 11996 455000 388203 66797 66797 FOREGIVENESS OF DEBT 900099 147875 147875 1353 1353 149228 9198891 1899752 0 11996 1402880 1402880 265614 215207 50407 1759534 1425618 333916 29050 18330 10720 79348 61207 18141 171924 136821 35103 24218 24218 2952 2952 32265 32265 442487 379715 62772 407218 297351 109867 337310 318880 18430 51660 41382 10278 245972 234946 11026 30879 15266 15613 BAD DEBTS EXPENSE 1776240 1776240 PROGRAM COSTS 24128 24128 DEVELOPMENT COSTS 1214 1214 7084893 6376355 708538 0 2046834 1700021 120527 516578 497709 965202 1348260 1085365 27666 0 51382 61483 11425254 1238993 8038201 10186261 556671 68275 1339875 1482612 14027125 16065797 2955812 1297846 74870 187925 32329 27581 3834528 6222962 862751 122744 7760290 7859058 X 4495437 6622629 1771398 1584110 6266835 8206739 14027125 16065797 X 2113998 -174094 X 0 1 X 1 1 1 X 1261974 1611075 2861314 5489820 7287143 18511326 1261974 1611075 2861314 5489820 7287143 18511326 18511326 190 158 426 331 11996 13101 26610 39374 29261 759 149228 245232 18769659 12026517 0.98620 0.99130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 866726 866726 9951090 975757 8975333 19763 19763 0 587675 243473 344202 10186261 DEPOSITS 112289 DUE FROM AFFILIATES 1370323 1482612 DUE TO AFFILIATE 122744 122744 X PART IV, LINE 2B: THE ORGANIZATION HAS SECURITY DEPOSITS TOTALING $27,581 AS OF DECEMBER 31, 2022. PART X, LINE 2: ONB AND 60 KING QUALIFY AS ORGANIZATIONS FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND ARE GENERALLY NOT SUBJECT TO INCOME TAX. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATIONS' TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THESE ORGANIZATIONS WERE NOT DETERMINED TO BE PRIVATE FOUNDATIONS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2022 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. RGLP, OVLP, AGLP, KSCLP, ENR II, AALP, NERLP, SPLP, HAR AND RIVR ARE LIMITED LIABILITY PARTNERSHIPS, AND ALL TAXABLE INCOME AND LOSSES ARE ALLOCATED TO THE PARTNERS. NPNH, ORCA, RGPI, OVPI, AGAI, KSCDC, ENR II INC., AADC AND NEDC ARE TAXABLE CORPORATIONS. GENERALLY, THE ORGANIZATION'S INFORMATION OR TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2019 REMAIN OPEN. 1 BUILDING FUTURES RHODE ISLAND 1 ACORN STREET PROVIDENCE RI 02903 813939129 501(C)(3) 7808 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY COMMUNITY ACTION PARTNERSHIP OF PROVIDENCE 518 HARTFORD AVE PROVIDENCE RI 02909 461472304 501(C)(3) 15453 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY FEDERAL HILL HOUSE ASSOCIATION INC 9 COURTLAND STREET PROVIDENCE RI 02909 050258871 501(C)(3) 246720 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY GENESIS CENTER 620 POTTERS AVE PROVIDENCE RI 02907 223001721 501(C)(3) 374652 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY INSPIRING MINDS 65 PAVILION AVE PROVIDENCE RI 02905 050310175 501(C)(3) 5521 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY MANTON AVENUE PROJECT 55 PUTNAM STREETP PROVIDENCE RI 02909 061725016 501(C)(3) 7914 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROJECT WEBER 640 BROAD STREET PROVIDENCE RI 02907 460964136 501(C)(3) 127686 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROVIDENCE PUBLIC LIBRARY 150 EMPIRE STREET PROVIDENCE RI 02903 050262713 501(C)(3) 15582 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY REFUGEE DREAM CENTER 747 BROAD STREET PROVIDENCE RI 02907 473515841 501(C)(3) 12818 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY SOCIAL ENTERPRISE GREENHOUSE 10 DAVOL SQUARE PROVIDENCE RI 02903 260163730 501(C)(3) 25721 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY WOONASQUATUCKET RIVER WATERSHED COUNCIL 45 EAGLE STREET PROVIDENCE RI 02909 050519694 501(C)(3) 13130 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY COALITION CENTER FOR THE ENVIRONMENT 20 BARK AVENUE JAMESTOWN RI 02835 842230658 501(C)(3) 10000 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY EASTERN INSURANCE GROUP LLC 42 WEYBOSSET STREET SUITE 500 PROVIDENCE RI 02903 383667558 46351 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY INNOVATION STUDIO INC 2300 WASHINGTON STREET 2ND FLOOR ROXBURY MA 02119 455191933 501(C)(3) 114600 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY LIFESPAN FOUNDATION 167 POINT STREET PROVIDENCE RI 02903 050493219 501(C)(3) 25000 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY OLNEYVILLE NEIGHBORHOOD ASSOCIATION 122 MANTON AVE SUITE 611 PROVIDENCE RI 02909 830434706 501(C)(3) 13997 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROVIDENCE COMMUNITY HEALTH CENTER 375 ALLENS AVENUE PROVIDENCE RI 02905 050368134 501(C)(3) 57689 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROVIDENCE HOUSING AUTHORITY 100 BROAD STREET PROVIDENCE RI 02903 056000193 GOVT 89623 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY SEIU EDUCATION & SUPPORT FUND 351 PLEASANT STREET SUITE B215 NORTHAMPTON MA 01060 521761037 501(C)(3) 60442 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY THE AUTISM PROJECT 1516 ATWOOD AVENUE JOHNSTON RI 02919 050512037 501(C)(3) 12147 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY THE STEEL YARD 27 SIMS AVE PROVIDENCE RI 02909 501(C)(3) 28961 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY MOUNT HOPE COMMUNITY CENTEROUR JOURN3I 199 CAMP STREET PROVIDENCE RI 02906 222599257 501(C)(3) 72415 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY 21 1 PART I, LINE 2: WE FOLLOW ALL THE REQUIREMENTS OF THE GRANTOR AGENCY, FUNDING SOURCE AND GRANT CONTRACT. PER OUR ONB FISCAL POLICIES AND PROCEDURES GUIDE, WE FOLLOW THE FEDERAL REQUIREMENTS FOR PROCUREMENT, SEGREGATION OF DUTIES, AND BEST PRACTICES FOR ALL FINANCIAL ACTIVITIES INCLUDING GRANT MANAGEMENT. OUR GENERAL LEDGER TRACKS EXPENSES AND REVENUES BY GRANT. FORM 990, PART VI, SECTION A, LINE 3 SUBSTANTIALLY ALL OF THE ORGANIZATION'S RENTAL PROPERTIES ARE MANAGED BY AN UNRELATED PROFESSIONAL PROPERTY MANAGEMENT COMPANY WHICH PROVIDES REGULAR INFORMATION FOR THE ORGANIZATION'S REVIEW. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S OTHER COMMITTEES DO NOT HAVE THE AUTHORITY TO MAKE DECISIONS ON BEHALF OF THE GOVERNING BODY, THEREFORE THEIR MEETINGS ARE NOT ALWAYS DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER OF THE BOARD. THE 990 IS THEN PROVIDED TO THE FULL BOARD FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF DIRECTORS MEET ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE CONDUCTED A THOROUGH ANNUAL PERFORMANCE APPRAISAL OF THE EXECUTIVE DIRECTOR THAT INCLUDED REVIEW OF PERFORMANCE AGAINST ACHIEVEMENT OF ANNUAL ORGANIZATIONAL METRICS. COMPENSATION IS BENCHMARKED WITH SIMILAR EXECUTIVE POSITIONS IN SIMILAR FIELDS IN RHODE ISLAND. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BEGINNING NET ASSETS OF PREVIOUSLY CONSOLIDATED DISREGARDED ENTITY -174,094. 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