2023-06-14T13:13:25-07:00 2022-12-31 261588653 HOUSSAN & OJERHOLM PC 333 SHREWSBURY STREET WORCESTER MA 01604 990 2022-01-01 222719744 WORCESTER COMM HOUSING RESOURCE INC WORC 5087990322 11 PLEASANT STREET 300 WORCESTER MA 01609 JAMES HAYES President 2023-06-14 true JAMES HAYES 999009999 true Michael E Houssan CPA P01381749 5087919501 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 11 PLEASANT STREET 300 WORCESTER MA 01609 1872287 false X WCHR.ORG X 1988 MA Our mission is to help create and preserve affordable housing and to initiate and support neighborhood revitalization in the greater Worcester area. 16 16 12 0 1111373 574905 1062007 1295602 60556 1780 0 2233936 1872287 0 0 725544 847974 0 0 1166970 1445297 1892514 2293271 341422 -420984 25013732 24267608 4318948 3993808 20694784 20273800 Worcester Community Housing Resources' mission is to help create and preserve affordable housing and to initiate and support neighborhood revitalization in the greater Worcester area. Since 1994 we have proven ourselves to be a successful organization that meets its mission by development of our own projects and utilizing our Loan Fund to help meet the financial needs of other affordable housing developers. Our services are targeted to low and moderate income individuals in the great Worcester area. false false 2140853 1295602 TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES AND TO LOCATE, PURCHASE, RENOVATE AND RESELL NEGLECTED PROPERTIES IN LOW INCOME NEIGHBORHOODS 2140853 true true false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 91 0 false 12 true false false false false false false false 0 false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true true false MA X Worc Comm Housing Resource 5087990322 11 Pleasant Street No 300 Worcester MA 01609 X JENNIFER SCHANCK-BOLWELL EXECUTIVE DIRECTOR 37.50 0.00 133612 0 29732 ANDREW HOWARTH DIRECTOR OF DEVEL. 37.50 0.00 114892 0 24770 JENNIFER GASKIN Director 1.00 0.00 X 0 0 0 JENNIFER RUTKAUSKI Director 1.00 0.00 X 0 0 0 JAMES HAYES President 1.00 0.00 X X 0 0 0 ELIZABETH SANNING Vice President 1.00 0.00 X X 0 0 0 LYDIA VAZQUEZ Director 1.00 0.00 X 0 0 0 MICHAEL JACOBS Director 1.00 0.00 X 0 0 0 CALEB COOK Director 1.00 0.00 X X 0 0 0 KENNEITH MUDIE Director 1.00 0.00 X 0 0 0 JANE LORANGER Treasurer 1.00 0.00 X X 0 0 0 KEITH NISBET Director 1.00 0.00 X 0 0 0 ADI TIBREWAL Director 1.00 0.00 X 0 0 0 INDREK BUTTNER Director 1.00 0.00 X 0 0 0 SUSAN ISABELLE Director 1.00 0.00 X 0 0 0 GEORGE COX Director 1.00 0.00 X 0 0 0 ARLETTE M LYNCH Director 1.00 0.00 X 0 0 0 MICHAEL COMISKEY Secretary 1.00 0.00 X X 0 0 0 248504 54502 2 false true false 0 574905 574905 COMMUNITY LOAN FUND 531390 145608 145608 FEE INCOME 531390 107149 107149 RENTAL INCOME 531110 1042845 1042845 1295602 1780 1780 0 0 0 0 0 0 0 0 1872287 1295602 1780 0 0 0 0 133613 125218 8395 0 510948 485867 25081 0 148657 143426 5231 54756 49018 5738 0 8384 5354 3030 30300 27348 2952 0 0 0 11061 10901 160 24187 21236 2951 54163 41307 12856 0 0 344218 277623 66595 2462 1837 625 0 0 78524 78524 0 287740 284735 3005 98981 91380 7601 Repairs and Maintenance 354691 354666 25 Bad Debt 61296 61296 Rental Assistance 53625 53625 Miscellaneous 17378 9493 7885 18287 17999 288 2293271 2140853 152418 0 797867 507148 9685 9630 0 176801 155326 0 0 2007346 1288411 0 82907 96004 8559356 3702178 4905164 4857178 107994 109439 0 0 0 16925968 17244472 25013732 24267608 82398 122842 3351425 3083054 885125 787912 4318948 3993808 X 19212493 18685731 1482291 1588069 20694784 20273800 25013732 24267608 -420984 X false true X true false X 444686 283969 545147 1111373 574905 2960080 0 0 444686 283969 545147 1111373 574905 2960080 1756838 1203242 209 5040 2537 477 1780 10043 0 0 2970123 6762248 0.40510 0.50480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 629892 629892 7888719 3676823 4211896 40745 25355 15390 4857178 CASH RESERVES 942664 DUE FROM AFFILIATE 5129 REAL ESTATE UNDER DEVELOPMENT 368140 RELATED PARTY NOTES RECEIVABLE 15320932 TENANT SECURITY DEPOSITS 59991 17244472 CONTINGENT LOANS 547060 DEFERRED FEES 119282 DUE TO ATTORNEY GENERALS OFFICE 61579 TENANT SECURITY DEPOSITS 59991 787912 1872287 1872287 1872287 2293271 2293271 2293271 X false false false false false false false false false JENNIFER SCHANCK-BOLWELL EXECUTIVE DIRECTOR 133612 29732 163344 Form 990, Part VI, Section B, Line 11b THE BOARD OF DIRECTORS RECEIVE THE COMPLETED FORM 990 TO REVIEW AND THE BOARD SUBMITS QUESTIONS TO THE EXECUTIVE DIRECTOR. ONCE ALL QUESTIONS ARE ADEQUATELY ADDRESSED, THE BOARD APPROVES THE FORM 990 TO BE FILED WITH THE IRS. Form 990, Part VI, Section B, Line 12c THE BOARD REVIEWS AND MONITORS THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, Line 15a THE BOARD REVIEW, MONITORS AND APPROVES ALL EXECUTIVE COMPENSATION. Form 990, Part VI, Section B, Line 15b THE BOARD REVIEW, MONITORS AND APPROVES ALL KEY EMPLOYEES COMPENSATION. Form 990, Part VI, Section C, Line 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FIANCIAL STATEMENTS ARE AVAILABLE DURING NORMAL WORKING HOURS UPON REQUEST. PART 12, PART XII, FINANCIAL STATEMENTS & REPORTING QUESTION 2 THE AUDIT COMMITTEE IS CHARGED WITH THE OVERSIGHT AND GOVERNANCE OF THE AUDIT. WCHR SECURITIES INC 11 PLEASANT STREET SUITE 300 WORCESTER MA 01609 043238757 PROVIDE LOANS TO INDIVIDUALS AND BUSINES MA 501 (C)2 N/A false HW3 HOUSING ASSOCIATES LP 11 PLEASANT STREET SUITE 300 WORCESTER MA 01609 260274185 REAL ESTATE DEVELOPMENT LOW INCOME MA N/A false false 0.00100 HW3 MT LLC 11 PLEASANT STREET SUITE 300 WORCESTER MA 01609 272843540 REAL ESTATE RENTAL LOW INCOME MA HW3 HOUSING INC false true HW3 HOUSING INC 11 PLEASANT STREET SUITE 300 WORCESTER MA 01609 260274069 REAL ESTATE MANAGEMENT LOW INCOME MA WCHR C CORP 0.99990 false false false false true true false false false false false false true false false false true false false false HW3 MT LLC e 119282 HW3 MT LLC l 105000 HW3 MT LLC p 5000 HW3 HOUSING INC d 15320932 HW3 HOUSING INC p 129