2023-11-15T10:07:18-06:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 223042334 DB HOUSING INC DBHO 6178254200 594 COLUMBIA ROAD DORCHESTER MA 02125 KIMBERLY LYLE CEO 6178254200 2023-11-13 1 KIMBERLY LYLE XXX-XX-XXXX 1 MICHAEL PRUELL CPA P01585061 5083669100 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIMBERLY LYLE 594 COLUMBIA ROAD DORCHESTER MA 02125 1250030 0 X DBEDC.ORG X 1979 MA LOW-INCOME HOUSING DEVELOPMENT 16 16 0 16 0 0 251896 170084 3923245 1075426 559 1283 5099 3237 4180799 1250030 0 0 0 0 0 0 0 0 0 4398523 1100664 4398523 1100664 -217724 149366 1680138 1647060 1097063 639628 583075 1007432 TO ASSIST IN THE DEVELOPMENT AND REHABILITATION OF LOW INCOME HOUSING IN THE DORCHESTER AREA OF BOSTON. 0 0 922280 1078663 REAL ESTATE DEVELOPMENT, INCLUDING BUT NOT LIMITED TO PROJECT DEVELOPMENT, ACQUISITION,CONSTRUCTION, AND REDEVELOPMENT IN OUR SERVICE AREA WITH THE GOAL OF REDUCING BLIGHT,IMPROVING THE NEIGHBORHOOD, CREATING AND PRESERVING AFFORDABLE HOUSING AS WELL AS COMMERCIAL SPACE THAT PROVIDES JOBS, SERVICES AND PLACES FOR BUSINESSES TO GROW AND THRIVE,AND PREVENTING DISPLACEMENT. ACTIVE PROJECTS INCLUDE THE BUILDOUT OF APPROX. 20K S.F. INDUSTRIAL SPACE. DURING 2022 DBH WAS ABLE TO FINISH CONSTRUCTION AND REHABILITATION ON A $13,000,000 COMMERCIAL PROJECT (DB PIERCE LLC) AND PLACE IT IN SERVICE IN DECEMBER 2022. 922280 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X DAVID G SIMMONS CPA 6178254200 594 COLUMBIA ROAD DORCHESTER MA 02125 CHARLES MCVEA DIRECTOR OF FINANCE & ADMIN (UNTIL 11/22) 9.35 28.15 X 0 207692 49351 BETH O'DONNELL DIRECTOR OF REAL ESTATE 9.35 28.15 X 0 180000 40320 KIMBERLY LYLE CHIEF EXECUTIVE OFFICER (AS OF 5/22) 9.35 28.15 X 0 177500 36431 PERRY NEWMAN CHIEF EXECUTIVE OFFICER (UNTIL 5/22) 9.35 28.15 X 0 168024 31035 TIMOTHY CAPLICE ASS. DIRECTOR OF ASSET MANAGEMENT 9.35 28.15 X 0 125000 47454 WILLIAM RIORDAN ACCOUNTING MANAGER 9.35 28.15 X 0 125000 47274 VINCENT PINA DIRECTOR OF HUMAN RESOURCES 9.35 28.15 X 0 101363 24748 DAVID SIMMONS DIRECTOR OF FINANCE & ADMIN (AS OF 11/22) 9.35 28.15 X 0 64356 20130 PAUL BLACK PRESIDENT 0.63 2.12 X X 0 0 0 LEIGHTON RICHARDSON VICE PRESIDENT 0.63 2.12 X X 0 0 0 BRIAN WELCH TREASURER 0.63 1.87 X X 0 0 0 LORRAINE PAYNE WHEELER CLERK 0.63 1.87 X X 0 0 0 PHIL HILLMAN BOARD MEMBER 0.63 1.87 X 0 0 0 DARYL WRIGHT BOARD MEMBER 0.63 2.12 X 0 0 0 MARY WALKER BOARD MEMBER 0.63 1.87 X 0 0 0 EILEEN KENNER BOARD MEMBER 0.63 1.87 X 0 0 0 ROSALYN JOHNSON BOARD MEMBER 0.63 1.87 X 0 0 0 AN DUONG BOARD MEMBER 0.63 1.87 X 0 0 0 RICKY OCHILO BOARD MEMBER 0.63 1.87 X 0 0 0 DERRICK BELLINGER BOARD MEMBER 0.63 1.87 X 0 0 0 KRISTEN HALBERT BOARD MEMBER 0.63 1.87 X 0 0 0 NAJAH WALLACE BOARD MEMBER 0.63 1.87 X 0 0 0 JOSE PEREZ BOARD MEMBER 0.63 1.87 X 0 0 0 KEITH GREENAWAY BOARD MEMBER (UNTIL 9/2022) 0.63 1.87 X 0 0 0 MARIA ANDRADE BOARD MEMBER 0.63 1.87 X 0 0 0 0 1148935 296743 0 0 1 0 0 170084 170084 DISTRIBUTION FROM GLEN 900099 565983 565983 RECOVERY OF NOTES 900099 282363 282363 RENTAL INCOME 531390 128771 128771 INTEREST INCOME FROM N 900099 98309 98309 1075426 1283 1283 MISCELLANEOUS 900099 3237 3237 3237 1250030 1078663 0 1283 582127 582127 8300 8300 21655 21655 5584 5584 48608 48608 11182 11182 199618 199618 30667 30667 6778 6778 GENERAL & ADMINISTRATIV 170084 170084 REAL ESTATE TAXES 12095 12095 BAD DEBTS 2344 2344 MISCELLANEOUS 1622 1622 1100664 922280 178384 0 292851 125630 43599 52433 2489 15918 3109 2119 1371434 310096 1077903 1061338 230318 367953 29869 21669 1680138 1647060 19563 30386 1077500 609242 1097063 639628 X 583075 1007432 583075 1007432 1680138 1647060 X 149366 274991 X X 0 1 X 1 1 1 X 233912 156702 270989 251896 170084 1083583 233912 156702 270989 251896 170084 1083583 1083583 1301 2195 1151 559 1283 6489 1090072 7334162 0.99400 0.99640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 477128 477128 875835 305330 570505 18471 4766 13705 1061338 LOANS RECEIVABLE 367953 C 367953 X PART X, LINE 2: DBH ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. DBH HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2022. 0 0 0 0 0 0 0 0 0 CHARLES MCVEA DIRECTOR OF FINANCE & ADMIN (UNTIL 1 0 207692 0 0 0 0 0 10385 0 38966 0 257043 0 0 BETH O'DONNELL DIRECTOR OF REAL ESTATE 0 180000 0 0 0 0 0 9000 0 31320 0 220320 0 0 KIMBERLY LYLE CHIEF EXECUTIVE OFFICER (AS OF 5/22) 0 177500 0 0 0 0 0 8875 0 27556 0 213931 0 0 PERRY NEWMAN CHIEF EXECUTIVE OFFICER (UNTIL 5/22) 0 168024 0 0 0 0 0 8401 0 22634 0 199059 0 0 TIMOTHY CAPLICE ASS. DIRECTOR OF ASSET MANAGEMENT 0 125000 0 0 0 0 0 6250 0 41204 0 172454 0 0 WILLIAM RIORDAN ACCOUNTING MANAGER 0 125000 0 0 0 0 0 6250 0 41024 0 172274 0 0 PART I, LINE 3 THE HUMAN RESOURCES DIRECTOR OF DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION USES MARKET DATA FROM RELEVANT PERSONNEL ALONG WITH INPUTS FROM OTHER COMPENSATION SPECIALISTS. FORM 990, PART VI, SECTION A, LINE 3 DORCHESTER BAY ECONOMIC DEVELOPMENT CORP., A RELATED ORGANIZATION, PERFORMED ALL MANAGEMENT DUTIES FOR DORCHESTER BAY HOUSING, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN OFF ANNUALLY AS TO ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 DORCHESTER BAY HOUSING, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: FORGIVENESS OF DEBT 274,991. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. DORCHESTER FAMILY HOMES LLC 594 COLUMBIA ROAD DORCHESTER MA 02125 061663766 DEVELOPMENT AND REHABILITATION OF LOW INCOME HOUSING MA 29790 143021 DORCHESTER BAY HOUSING INC DB 618 DUDLEY STREET LLC 594 COLUMBIA ROAD DORCHESTER MA 02125 263917979 LOW INCOME HOUSING DEVELOPMENT MA 103501 672099 DORCHESTER BAY HOUSING INC DORCHESTER BAY NEIGHBORHOOD LOAN FUND INC 594 COLUMBIA ROAD DORCHESTER MA 02125 043473587 SMALL BUSINESS AND HOMEOWNER LENDING MA 501(C)(3) LINE 7 DORCHESTER BAY ECONOMIC DEVELOPMENT CORP 0 DORCHESTER BAY ECONOMIC DEVELOPMENT CORP 594 COLUMBIA ROAD DORCHESTER MA 02125 042681632 COMMUNITY DEVELOPMENT MA 501(C)(3) LINE 7 DORCHESTER BAY ECONOMIC DEVELOPMENT CORP 0 BOSTON HOMEOWNER SERVICES COLLABORATIVE INC 594 COLUMBIA ROAD DORCHESTER MA 02125 237420526 LENDING SERVICES FOR LOW-INCOME PROJECTS MA 501(C)(3) LINE 10 DORCHESTER BAY ECONOMIC DEVELOPMENT CORP 0 INDIGO SUPPORT CORPORATION 594 COLUMBIA ROAD DORCHESTER MA 02125 842663787 LOW-INCOME HOUSING DEVELOPMENT MA 501(C)(3) 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