2023-09-25T13:42:29-05:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 043170766 ASTOR ASSETS INC ASTO 6172674637 70 BURBANK STREET BOSTON MA 02115 LEAH CAMHI CLERK 6172674637 2023-09-18 1 LEAH CAMHI XXX-XX-XXXX 0 MATTHEW TROIANO CPA P01263939 5083669100 2023-09-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEAH CAMHI 70 BURBANK STREET BOSTON MA 02115 657603 0 X WWW.FENWAYCDC.ORG X 1992 MA ASTOR ASSETS, INC. (ASTOR ASSETS) WAS ORGANIZED TO PROMOTE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS. 4 3 0 3 0 0 0 0 615798 646700 85 9407 2718 1496 618601 657603 0 0 0 0 0 0 0 0 0 619123 725188 619123 725188 -522 -67585 5939257 5893141 5450544 5472013 488713 421128 ASTOR ASSETS PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 0 0 612542 648196 ASTOR ASSETS PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 612542 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X LEAH CAMHI CLERK 6172674637 70 BURBANK STREET BOSTON MA 02115 LEAH CAMHI CLERK 0.10 39.90 X X 0 140909 5089 GREG PAULSON HAIG PRESIDENT 0.10 1.30 X X 0 0 0 TIMOTHY COAKLEY TREASURER 0.10 2.20 X X 0 0 0 NIKKI FLIONIS DIRECTOR 0.10 2.30 X 0 0 0 0 140909 5089 0 0 0 0 0 RENTAL INCOME 531390 646700 646700 646700 9407 9407 OTHER INCOME 900099 1496 1496 1496 657603 648196 0 9407 X 66727 66727 1275 1275 19583 19583 132953 63524 69429 376 376 22359 22359 366502 366502 33621 33621 78979 78979 BAD DEBTS 1581 1581 MISCELLANEOUS 1232 1232 725188 612542 112646 0 118058 134092 36910 42031 41083 18608 6469 6983 5737785 805096 5011668 4932689 725069 758738 5939257 5893141 70133 94061 5292336 5294346 88075 83606 5450544 5472013 X 488713 421128 488713 421128 5939257 5893141 -67585 0 X X 0 1 X 1 0 X 552136 588554 577198 615798 646700 2980386 552136 588554 577198 615798 646700 2980386 0 194443 190275 164636 91971 79728 721053 194443 190275 164636 91971 79728 721053 2259333 9729 12039 2773 85 9407 34033 9729 12039 2773 85 9407 34033 6363 2699 3234 2718 1496 16510 568228 603292 583205 618601 657603 3030929 0.74540 0.71000 0.01120 0.01010 X 2766987 2766987 2844686 692317 2152369 126112 112779 13333 4932689 DEPOSITS AND RESERVES 746577 DUE FROM RELATED PARTIES 12161 758738 DUE TO RELATED PARTY 83606 83606 X 657603 0 657603 0 657603 725188 0 725188 0 725188 PART X, LINE 2: ASTOR ASSETS 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 FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASTOR ASSETS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2022. ASTOR ASSETS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. FORM 990, PART VI, SECTION A, LINE 3 ASTOR ASSETS DELEGATED ASSET MANAGEMENT DUTIES TO FENWAY COMMUNITY DEVELOPMENT CORPORATION (FCDC), A RELATED ORGANIZATION. ASTOR ASSETS PAID FCDC $28,339 IN 2022. IN ADDITION, ASTOR ASSETS DELEGATED PROPERTY MANAGEMENT AND BOOKKEEPING SERVICES TO PEABODY PROPERTIES. ASTOR ASSETS PAID PEABODY PROPERTIES $38,388 OF MANAGEMENT FEES. FORM 990, PART VI, SECTION A, LINE 8B ASTOR ASSETS ONLY HAS A BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OF FENWAY CDC REVIEW AND RECOMMEND APPROVAL OF FORM 990 TO BOARD. BOARD IS PROVIDED COPY OF FORM 990 PRIOR TO FILING AND APPROVES FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ASTOR ASSETS REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY (AS IMPLEMENTED BY FCDC.) ASTOR ASSETS HAS A VERY GOOD IDEA WHAT AFFILIATIONS ITS BOARD AND FCDC HAVE AND WOULD KNOW IF THEY WERE DOING BUSINESS WITH AN ORGANIZATION WITH WHICH A BOARD MEMBER OR FCDC WAS ASSOCIATED WITH OR ACTING IN A WAY THAT PROFITED THEM. FORM 990, PART VI, SECTION C, LINE 19 ASTOR ASSETS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 63,524. MANAGEMENT AND GENERAL EXPENSES 68,944. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132,468. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 485. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 485. FORM 990, PART XII, LINE 2C: FCDC HAS A FINANCE COMMITTEE THAT ASSUMES THE RESPONSIBILITY AND OVERSIGHT OF THE AUDIT. THERE WERE NO CHANGES TO THIS PROCESS IN 2022. FENWAY COMMUNITY DEVELOPMENT CORPORATION 70 BURBANK STREET BOSTON MA 02115 042666507 TO REHABILITATE AND DEVELOP LOW AND MODERATE INCOME HOUSING MA 501(C)(3) LINE 7 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY LODGING HOUSE INC 70 BURBANK STREET BOSTON MA 02115 043136525 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY COMMUNITY TRUST 70 BURBANK STREET BOSTON MA 02115 222745097 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY COMPANIES INC 70 BURBANK STREET BOSTON MA 02115 352506219 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 110 PETERBOROUGH GP INC 70 BURBANK STREET BOSTON MA 02115 274672879 LOW INCOME HOUSING MA N/A C 0 BURBANK GARDENS APARTMENTS MM LLC 70 BURBANK STREET BOSTON MA 02115 822190039 LOW INCOME HOUSING MA N/A C 0 NS APARTMENTS MM LLC 70 BURBANK STREET BOSTON MA 02115 834259185 LOW INCOME HOUSING MA N/A C 0 BURBANK TERRACE MM LLC 70 BURBANK STREET BOSTON MA 02115 001548698 LOW INCOME HOUSING MA N/A C 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0