2023-09-01T15:29:30-05:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 043271288 NEWVUE AFFORDABLE HOUSING CORPORATION NEWV 9783429561 470 MAIN STREET FITCHBURG MA 014208040 MARC DOHAN CLERK 9783429561 2023-09-01 1 MARC DOHAN XXX-XX-XXXX 1 MATTHEW HUTT CPA P01070603 5083669100 2023-09-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARC DOHAN 470 MAIN STREET FITCHBURG MA 014208040 2269569 0 X WWW.NEWVUECOMMUNITIES.ORG X 1995 MA NEWVUE AFFORDABLE HOUSING CORPORATION IS A NONPROFIT ORGANIZATION THAT DEVELOPS AND PROVIDES AFFORDABLE HOUSING TO LOW AND MODERATE INCOME HOUSEHOLDS IN NORTH CENTRAL MASSACHUSETTS. 3 2 0 2 0 0 485364 1130991 1113057 1055896 503 594 9063 82088 1607987 2269569 0 0 0 0 0 0 0 0 0 1700063 1751279 1700063 1751279 -92076 518290 9905411 13624424 9538060 12738783 367351 885641 NEWVUE AFFORDABLE HOUSING CORPORATION IS A NONPROFIT ORGANIZATION THAT DEVELOPS AND PROVIDES AFFORDABLE HOUSING TO LOW AND MODERATE INCOME HOUSEHOLDS IN NORTH CENTRAL MASSACHUSETTS. 0 0 1750260 1137984 NEWVUE AFFORDABLE HOUSING CORPORATION IS A NONPROFIT ORGANIZATION THAT DEVELOPS AND PROVIDES AFFORDABLE HOUSING TO LOW AND MODERATE INCOME HOUSEHOLDS IN NORTH CENTRAL MASSACHUSETTS. 1750260 0 1 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 X MARC DOHAN EXECUTIVE DIRECTOR 9783429561 470 MAIN STREET FITCHBURG MA 01420 MARC DOHAN CLERK 1.00 39.00 X X 0 147119 6022 TOM GRAY PRESIDENT 1.00 2.00 X X 0 0 0 CHRISTINA DIRUSSO TREASURER 1.00 1.00 X X 0 0 0 0 147119 6022 0 0 1 0 0 825968 285023 20000 1130991 RENTAL FEES 532000 1055896 1055896 1055896 594 594 MISCELLANEOUS 900099 82088 82088 82088 2269569 1137984 0 594 X 15074 15074 23450 23450 333818 333818 2157 2157 35847 35847 884268 884268 2428 2428 310208 310208 MISCELLANEOUS 62526 61507 1019 SUBCONTRACT 60040 60040 NET LOSS ON INSURANCE P 21463 21463 1751279 1750260 1019 0 245850 351533 1130337 1501811 25638 30318 21413 31183 10824920 4158180 6966938 6666740 10011 93776 1505224 4949063 9905411 13624424 314407 797775 10000 260000 9206017 11681008 7636 0 9538060 12738783 X 367351 885641 367351 885641 9905411 13624424 518290 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 368976 368976 10343040 4097346 6245694 112904 60834 52070 6666740 PROJECTS UNDER DEVELOPMENT 4942493 DUE FROM AFFILIATES 6570 4949063 X PART X, LINE 2: THE AGENCY 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. THE AGENCY 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. HOWEVER, THE AGENCY'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. 0 0 0 MARC DOHAN CLERK 0 147119 0 0 0 0 0 5885 0 137 0 153141 0 0 PART I, LINE 3 SALARIES ARE PAID BY RELATED ORGANIZATION NEWVUE COMMUNITIES, INC. (NVC) THEY ARE REVIEWED BY THE NVC BOARD OF DIRECTORS TO ENSURE THEY ARE COMPARABLE TO OTHER ORGANIZATIONS AND REASONABLE FOR JOB PERFORMED. THE SALARIES ARE APPROVED BY THE NVC BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS TO A MANAGEMENT COMPANY. THE MANAGEMENT COMPANY HANDLES THE OPERATING ACTIVITY RELATING TO THE RENTAL PROJECTS. FORM 990, PART VI, SECTION B, LINE 11B AFTER COMPLETION OF FORM 990, THE FORM IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY HAVING THE BOARD MEMBERS SIGN THIS POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THESE ITEMS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 333,818. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 333,818. FORM 990, PART XII, LINE 2C: NEWVUE AFFORDABLE HOUSING CORPORATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING 2022. NEWVUE COMMUNITIES INC 470 MAIN STREET FITCHBURG MA 01420 042690210 COMMUNITY ECONOMIC DEVELOPMENT MA 501(C)(3) LINE 7 N/A 0 0 0 1 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0