2023-11-14T11:05:00-06:00 2022-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-01-01 331063789 BICKFORD STREET ELDERLY HOUSING CORP % NDC BICK 6175222424 284 AMORY STREET BUILDING K JAMAICA PLAIN MA 02130 CHARLES HILLS AUTHORIZED AGENT 6175222424 2023-11-13 1 CHARLES HILLS 999009999 1 JOLANTA TUCK CPA P01340068 7813803520 2023-11-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DINORA JUAN 284 AMORY STREET BUILDING K JAMAICA PLAIN MA 02130 652607 0 X N/A X 2001 MA PROVIDE AND MAINTAIN AFFORDABLE HOUSING FOR THE ELDERLY 6 6 0 0 0 0 387073 388711 187991 216357 59 261 677 47278 575800 652607 0 0 0 0 0 0 0 0 0 862920 949995 862920 949995 -287120 -297388 6970712 6690972 3997386 4015034 2973326 2675938 PROVIDE AND MAINTAIN AFFORDABLE HOUSING FOR THE ELDERLY 0 0 897704 263635 PROVIDED AND OPERATED 56 UNITS OF LOW INCOME HOUSING FOR THE ELDERLY LOCATED IN JAMAICA PLAIN, MASSACHUSETTS 897704 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X CHARLES HILLS 7817941000 536 GRANITE STREET BRAINTREE MA 02184 X DINORA JUAN PRESIDENT 0.20 X X 0 0 0 JULIA MARTIN TREASURER 0.20 X X 0 0 0 WILLIAM DIAZ SECRETARY 0.20 X X 0 0 0 IRMA PIZARRO 2ND PRESIDENT 0.20 X X 0 0 0 JACQUELINE THOMAS 2ND TREASURER 0.20 X X 0 0 0 SERGIA GUERRERO DIRECTOR 0.20 X 0 0 0 0 0 0 0 0 0 0 PEABODY PROPERTIES INC 536 GRANITE AVE BRAINTREE MA 02184 MANAGEMENT SERVICES 205720 1 388711 388711 RENTAL INCOME 531110 216357 216357 216357 261 261 ASSET MANAGEMENT FEE R 541610 45000 45000 LAUNDRY/VENDING INCOME 531110 2278 2278 47278 652607 263635 0 261 X 36523 36523 7679 7679 15768 15768 166173 166173 39086 39086 384338 384338 298195 298195 RESIDENTIAL SERVICES 2233 2233 949995 897704 52291 0 33788 28969 2752 31143 2906 1764 11369710 4863664 6804241 6506046 127025 123050 6970712 6690972 35919 36786 8383 9502 11478 12724 3718000 3718000 223606 238022 3997386 4015034 X 2973326 2675938 2973326 2675938 6970712 6690972 -297388 0 X 0 1 X 1 1 1 X 382858 422178 418181 387073 388711 1999001 382858 422178 418181 387073 388711 1999001 1999001 160 135 78 59 261 693 2161 1580 809 677 47278 52505 2052199 936656 0.97410 0.99570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LAUNDRY VENDING INCOME - 2018 AMOUNT: $ 2,161. 2019 AMOUNT: $ 1,580. 2020 AMOUNT: $ 809. 2021 AMOUNT: $ 677. 2022 AMOUNT: $ 2,278. ASSET MANAGEMENT FEE REFUND - 2022 AMOUNT: $ 45,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 11284806 4780979 6503827 14422 12203 2219 70482 70482 0 6506046 ACCRUED INTEREST 238022 238022 X 652607 0 652607 0 652607 949995 0 949995 0 949995 PART IV, LINE 2B: THE CORPORATION HAS A POLICY TO COLLECT SECURITY DEPOSITS OF UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION 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. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION INCURRED MANAGEMENT FEES OF $36,523 FOR THE YEAR ENDED DECEMBER 31, 2022. THE PROJECT IS MANAGED BY AN UNAFFILIATED COMPANY FOR A MANAGEMENT FEE EQUAL TO 6% OF TOTAL REVENUE COLLECTIONS. THE AGREEMENT IS IN EFFECT UNTIL CANCELED BY THE CORPORATION OR THE MANAGEMENT AGENT. FORM 990, PART VI, SECTION B, LINE 11B A COPY WILL BE PROVIDED TO A BOARD MEMBER WITH A FINANCIAL BACKGROUND. HE REVIEWS AND APPROVES THE 990. A COMPLETE COPY OF FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS ENCOMPASSED BY THE SPONSOR AGENCY JPNDC'S CONFLICT OF INTEREST POLICY. ALL OFFICERS AND BOARD MEMBERS FILL OUT AN ANNUAL DISCLOSURE STATEMENT STATING THAT THEY UNDERSTAND THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS, BE IT PERSONAL OR FINANCIAL. ANY NEW CHANGES SHALL BE PROMPTLY DISCLOSED. THE STATEMENTS ARE KEPT BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 166,173. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 166,173.