2023-11-15T13:16:03-06:00 2022-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2022-01-01 042609432 2LIFE DEVELOPMENT INC 2LIF 6179128400 30 WALLINGFORD ROAD BRIGHTON MA 02135 KAREN EDLUND OFFICER 6179128400 2023-11-14 1 KAREN EDLUND 999009999 0 PHILIP H CORNBLATT CPA P00252478 4107834900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN EDLUND 30 WALLINGFORD ROAD BRIGHTON MA 02135 7076543 0 X WWW.2LIFECOMMUNITIES.ORG X 1975 MA SEE SCHEDULE O. 5 5 0 0 0 0 13153391 393600 4565656 5550496 723447 251909 0 0 18442494 6196005 8420543 0 0 0 1198431 1525629 0 0 0 98659 112959 9717633 1638588 8724861 4557417 71180944 79101869 12292495 16856192 58888449 62245677 THE ENTITY PROVIDES REAL ESTATE DEVELOPMENT SUPPORT FOR NEW CONSTRUCTION AND RENOVATION ACTIVITIES TO RELATED 2LIFE ENTITIES IN THEIR MISSION TO PROVIDE HOUSING TO LOW INCOME SENIORS AND THE HANDICAPPED. 0 0 1546354 5550496 2LIFE DEVELOPMENT INC. PROVIDES FINANCING AND SERVES AS DEVELOPER FOR LOW INCOME HOUSING PROJECTS FOR LOW INCOME SENIORS AND THE HANDICAPPED. 1546354 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X DIANE LEEMING 6179128474 30 WALLINGFORD ROAD BRIGHTON MA 02135 BERNARD KAPLAN DIRECTOR 1.00 4.00 X 0 0 0 BILL SHAEVEL CHAIRMAN/DIRECTOR 1.00 4.00 X X 0 0 0 DONNA KALIKOW DIRECTOR 1.00 5.00 X 0 0 0 JEFF SACKS DIRECTOR 1.00 5.00 X 0 0 0 NORMAN POSNER DIRECTOR 1.00 4.00 X 0 0 0 AMY SCHECTMAN PRESIDENT 1.00 40.00 X 0 317654 13868 HENRY KORMAN GENERAL COUNCIL/ASSISTANT CLERK 1.00 4.00 X 0 206340 10000 KAREN EDLUND CFO/TREASURER 5.00 40.00 X 0 199524 23345 LIZBETH HEYER VICE PRESIDENT/CLERK 20.00 40.00 X 0 209819 49570 ELIJAH LAPSON CTO 10.00 39.00 X 0 194590 50170 MATTHEW QUINN SENIOR DIRECTOR, RE & CORP. FIN 25.00 15.00 X 0 173576 46357 SHARON BOOKS CMO 1.00 39.00 X 0 211757 4204 SUSAN APPELBAUM CDO 1.00 39.00 X 0 180774 8775 ZOE WEINROBE DIRECTOR OF RE DEV. 25.00 15.00 X 0 149588 20813 0 1843622 227102 0 0 1 0 0 393600 393600 DEVELOPER FEE 531390 4186960 4186960 PROGRAM INTEREST 531390 1342286 1342286 ENERGY GRANTS 900099 21250 21250 5550496 54582 54582 1077865 880538 197327 197327 197327 6196005 5550496 0 251909 1224890 1224890 18939 18939 203424 203424 78376 78376 665 665 34360 34360 3891 3891 24340 24340 371 371 9694 9694 3848 3848 OTHER EXPENSES 16877 16877 BAD DEBTS 10500 10500 MISCELLANEOUS FINANCIAL 5983 5983 MANAGEMENT CONSULTANTS 1318 1318 1112 1112 1638588 1546354 92234 0 4035612 303624 498541 8404469 48276035 50157939 19242 6093 16997 13149 11614060 9623205 6739699 10599483 71180944 79101869 393893 425962 11079000 14448053 819602 1982177 12292495 16856192 X 58888449 62245677 58888449 62245677 71180944 79101869 4557417 -1200189 0 X X 0 1 X 1 0 X X 1 2LIFE COMMUNITIES INC 042478888 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19242 6093 13149 13149 INVESTMENTS 9623205 F 9623205 DEVELOPMENT COSTS 10514186 LEASE ASSET 85297 10599483 DUE TO AFFILIATES 1896880 LEASE LIABILITY 85297 1982177 X 4995816 -1200189 -1200189 6196005 0 6196005 1638588 0 1638588 0 1638588 PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (THE "IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2022. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES, AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2019 REMAIN OPEN. X X X X 0 0 0 0 0 0 0 0 0 AMY SCHECTMAN PRESIDENT 0 248878 0 40000 0 28776 0 13868 0 0 0 331522 0 0 LIZBETH HEYER VICE PRESIDENT/CLERK 0 192494 0 9500 0 7825 0 10575 0 38995 0 259389 0 0 ELIJAH LAPSON CTO 0 179244 0 8500 0 6846 0 9925 0 40245 0 244760 0 0 KAREN EDLUND CFO/TREASURER 0 182073 0 9000 0 8451 0 9675 0 13670 0 222869 0 0 MATTHEW QUINN SENIOR DIRECTOR, RE & CORP. FIN 0 161679 0 10500 0 1397 0 6547 0 39810 0 219933 0 0 HENRY KORMAN GENERAL COUNCIL/ASSISTANT CLERK 0 200000 0 0 0 6340 0 10000 0 0 0 216340 0 0 SHARON BOOKS CMO 0 199917 0 5500 0 6340 0 4121 0 83 0 215961 0 0 SUSAN APPELBAUM CDO 0 170000 0 5500 0 5274 0 8775 0 0 0 189549 0 0 ZOE WEINROBE DIRECTOR OF RE DEV. 0 142442 0 6000 0 1146 0 7418 0 13395 0 170401 0 0 MISSION STATEMENT THE ENTITY PROVIDES REAL ESTATE DEVELOPMENT SUPPORT FOR NEW CONSTRUCTION AND RENOVATION ACTIVITIES TO RELATED 2LIFE ENTITIES IN THEIR MISSION TO PROVIDE HOUSING TO LOW INCOME SENIORS AND THE HANDICAPPED. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION BY-LAWS TO 2LIFE COMMUNITIES INC. CONSENT TO BEING ADMITTED AS THE SOLE MEMBER OF THE FOLLOWING ENTITIES: FRIENDS OF 2LIFE COMMUNITIES INC. 2LIFE COMMUNITIES SERVICES INC. 2LIFE REALTY INC. 2LIFE DEVELOPMENT INC. 2LIFE PARTNERS INC. 2LIFE OPUS INC. FORM 990, PART VI, SECTION A, LINE 7A SAME EXPLANATION AS FORM 990, PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS DELEGATES TO THE AUDIT COMMITTEE THE REVIEW AND APPROVAL OF THE CORPORATION'S FORM 990 ANNUALLY. SUBSEQUENT TO ITS APPROVAL, THE AUDIT COMMITTEE WILL THEN ISSUE A REPORT TO THE BOARD AND INSURE THAT THE COMPLETE FORM 990 IS MADE AVAILABLE TO ALL DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR IS REQUIRED ANNUALLY TO DISCLOSE IN WRITING ANY CONFLICTS OF INTEREST BETWEEN THE ORGANIZATION AND THE DIRECTOR AND/OR FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES' SALARIES ARE PAID BY 2LIFE COMMUNITIES SERVICES INC. EACH EMPLOYEE DEVOTES A PORTION OF HIS/HER TIME TO VARIOUS 2LIFE ENTITIES. SALARY EXPENSES ARE THEN APPROPRIATELY ALLOCATED AND CHARGED TO THE 2LIFE ENTITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. PART XII, LINE 2C THERE HAS NOT BEEN A CHANGE TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. TWO RELATED NONPROFIT ORGANIZATIONS WERE MERGED INTO 2LIFE DEVELOPMENT WITH 2LIFE DEVELOPMENT THE SURVIVING ORGANIZATION. 2LIFE COMMUNITIES SERVICES INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 043166862 LOW INC HSNG MA 501(C)(3) LINE 12A, I N/A 0 2LIFE COMMUNITIES INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 042478888 LOW INC HSNG MA 501(C)(3) LINE 10 N/A 0 2LIFE REALTY INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 042505972 LOW INC HSNG MA 501(C)(3) LINE 10 N/A 0 2LIFE PARTNERS INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 043584637 LOW INC HSNG MA 501(C)(3) PF N/A 0 FRIENDS OF 2LIFE COMMUNITIES INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 042607197 LOW INC HSNG MA 501(C)(3) LINE 10 N/A 0 2LIFE OPUS INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 881689252 LOW INC HSNG MA 501(C)(3) LINE 10 N/A 0 2LIFE OPUS NEWTON INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 881716971 LOW INC HSNG MA 501(C)(3) LINE 10 N/A 0 2LIFE GOLDA LIMITED PARTNERSHIP 30 WALLINGFORD ROAD BRIGHTON MA 02135 471800944 LOW INCOME HS MA N/A 0 0 2LIFE KURLAT LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 300921659 LOW INCOME HS MA N/A 0 0 2LIFE LEVENTHAL LIMITED PARTNERSHIP 30 WALLINGFORD ROAD BRIGHTON MA 02135 203075016 LOW INCOME HS MA N/A 0 0 2LIFE SHILLMAN LIMITED PARTNERSHIP 30 WALLINGFORD ROAD BRIGHTON MA 02135 261422509 LOW INCOME HS MA N/A 0 0 2LIFE ULIN LIMITED PARTNERSHIP 30 WALLINGFORD ROAD BRIGHTON MA 02135 352458368 LOW INCOME HS MA N/A 0 0 2LIFE WEINBERG LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 815432579 LOW INCOME HS MA N/A 0 0 2LIFE LEVENTHAL LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 203074812 LOW INCOME HS MA N/A 0 0 2LIFE 370 HARVARD LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 832845152 LOW INCOME HS MA N/A 0 0 SHIRLEY COMMONS LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 833723674 LOW INCOME HS MA N/A 0 0 2LIFE GOLDA EXPANSION LIMITED PARTNERSHIP 30 WALLINGFORD ROAD BRIGHTON MA 02135 851444197 LOW INCOME HS MA N/A 0 0 2LIFE GOLDA GP LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 811694983 LOW INCOME HS MA N/A C 0 2LIFE LEVENTHAL INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 203074972 LOW INCOME HS MA N/A C 0 2LIFE SHILLMAN INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 261420577 LOW INCOME HS MA N/A C 0 2LIFE ULIN INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 453665818 LOW INCOME HS MA N/A C 0 2LIFE WEINBERG MM LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 815397259 LOW INCOME HS MA N/A C 0 GENESIS ELDERLY HOUSING INC 30 WALLINGFORD ROAD BRIGHTON MA 02135 042895545 LOW INCOME HS MA N/A C 0 2LIFE 370 HARVARD MM LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 832835794 LOW INCOME HS MA N/A C 0 SHIRLEY COMMONS MM LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 833692301 LOW INCOME HS MA N/A C 0 2LIFE LELAND MM LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 873413508 LOW INCOME HS MA N/A C 0 2LIFE OPUS NEWTON LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 921347308 LOW INCOME HS MA N/A C 0 2LIFE LELAND LLC 30 WALLINGFORD ROAD BRIGHTON MA 02135 873436472 LOW INCOME HS MA N/A C 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 2LIFE SHILLMAN LP D 5758706 ACCRUAL 2LIFE SHILLMAN LP D 7579000 ACCRUAL 370 HARVARD LLC D 8077696 ACCRUAL 2LIFE COLEMAN LP D 7140963 ACCRUAL 2LIFE GOLDA LP D 10157503 ACCRUAL SHIRLEY COMMONS LLC D 2570603 ACCRUAL 2LIFE GOLDA EXPANSION LP D 7323352 ACCRUAL 2LIFE JJ CARROLL LLC D 16598 ACCRUAL 2LIFE LELAND LLC D 1533866 ACCRUAL 2LIFE SHILLMAN LP D 1679389 ACCRUAL 2LIFE 370 HARVARD LLC D 551250 ACCRUAL 2LIFE COLEMAN LP K 715000 ACCRUAL 2LIFE JJ CARROLL LLC K 2061150 ACCRUAL 2LIFE GOLDA EXPANSION LP K 1384560 ACCRUAL 2LIFE REALTY INC E 4000000 ACCRUAL 2LIFE PARTNERS INC E 469053 ACCRUAL 2LIFE COMMUNITIES INC E 2400000 ACCRUAL 2LIFE OPUS NEWTON INC P 2137852 ACCRUAL 2LIFE COMMUNITIES SERVICES INC O 1896880 ACCRUAL