2023-11-10T15:50:55-06:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 813571004 CARITAS COMMUNITIES HOLDINGS INC C/O CARITAS COMMUNITIES INC CARI 8778295500 25 BRAINTREE HILL OFFICE PK 206 BRAINTREE MA 02184 FRANK CONNELL INTERIM EXECUTIVE DIRECTOR 8778295500 2023-11-10 1 FRANK CONNELL XXX-XX-XXXX 0 MATTHEW TROIANO CPA P01263939 5083669100 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK CONNELL 25 BRAINTREE HILL OFFICE PK 206 BRAINTREE MA 02184 2003241 0 X WWW.CARITASCOMMUNITIES.ORG X 2016 MA CARITAS COMMUNITIES PREVENTS HOMELESSNESS BY PROVIDING VERY LOW INCOME INDIVIDUALS WITH PERMANENT HOUSING, SUPPORT, A SENSE OF COMMUNITY AND EXPANDED OPPORTUNITIES. 16 16 0 16 0 0 166392 0 1912269 1999117 2919 4124 2747 0 2084327 2003241 0 0 0 0 0 0 0 0 0 2478048 2652198 2478048 2652198 -393721 -648957 8415013 8230665 11364490 11829100 -2949477 -3598435 CARITAS COMMUNITIES HOLDINGS, INC. IS ORGANIZED FOR THE PURPOSE OF ACQUIRING AND OPERATING LOW-INCOME RENTAL HOUSING PROJECTS UNDER SECTION 542(C) RISK-SHARING PROGRAM OF THE NATIONAL HOUSING ACT AS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 0 0 1681303 1999117 ACQUIRING AND OPERATING LOW-INCOME RENTAL HOUSING PROJECTS. 1681303 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 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 16 16 0 0 0 0 1 1 0 0 0 0 0 1 1 1 1 1 1 1 0 0 MA X FRANK CONNELL 8778295500 25 BRAINTREE HILL OFFICE PK 206 BRAINTREE MA 02184 KARIN CASSEL MITTERANDO EXECUTIVE DIRECTOR 2.50 40.00 X 0 216270 18720 THOMAS M NEE SENIOR OPERATIONS DIRECTOR 2.50 40.00 X 0 144163 27863 VERNELL CLOUDEN-DUVAL DIRECTOR OF DEVELOPMENT 2.50 40.00 X 0 122500 19796 GREGORY RITTCHEN DIRECTOR OF REAL ESTATE ASSETS 2.50 40.00 X 0 133442 8098 MICHAEL C LEE CHIEF FINANCE OFFICER 2.50 40.00 X 0 129231 3692 BILL CHURCHILL CHAIR 0.10 1.00 X X 0 0 0 ROBERLYNE CHERFILS VICE CHAIR 0.10 1.00 X X 0 0 0 ROBERT MAULDEN TREASURER 0.10 1.00 X X 0 0 0 MAURA MURPHY CLERK 0.10 1.00 X X 0 0 0 MICHAEL BINETTE DIRECTOR 0.10 1.00 X 0 0 0 YASMINE BOUCHRARA DIRECTOR 0.10 1.00 X 0 0 0 DARSHI DUPEE DIRECTOR 0.10 1.00 X 0 0 0 JOHN BRENNAN III DIRECTOR 0.10 1.00 X 0 0 0 KATIE CATLENDER DIRECTOR 0.10 1.00 X 0 0 0 R DUANE CLARK II DIRECTOR 0.10 1.00 X 0 0 0 TIM CORCORAN DIRECTOR 0.10 1.00 X 0 0 0 OLIVIA GOUGH DIRECTOR 0.10 1.00 X 0 0 0 DAVID GREENBLATT DIRECTOR 0.10 1.00 X 0 0 0 WILLIAM MCLAUGHLIN DIRECTOR 0.10 1.00 X 0 0 0 KEVIN O'FLAHERTY ESQ DIRECTOR 0.10 1.00 X 0 0 0 TOM PALMER DIRECTOR 0.10 1.00 X 0 0 0 TRISHA DALEY DIRECTOR (UNTIL 6/2022) 0.10 1.00 X 0 0 0 0 745606 78169 0 0 1 0 0 RENTAL INCOME 531110 1999117 1999117 1999117 4124 4124 2003241 1999117 0 4124 X 133804 133804 58044 58044 27066 27066 321450 206681 114769 1466 1466 27637 27637 319320 319320 12771 12771 253 253 182538 182538 408545 408545 96661 96661 REPAIRS AND MAINTENANCE 373407 373407 MISCELLANEOUS 310827 310827 BAD DEBTS 284258 284258 REAL ESTATE TAXES 93991 93991 160 160 2652198 1681303 970895 0 317508 161769 105589 187523 11972 116686 8406712 2192501 6237131 6214211 1742813 1550476 8415013 8230665 143204 19012 111793 8475062 8426210 2746224 3272085 11364490 11829100 X -2969477 -3598435 20000 0 -2949477 -3598435 8415013 8230665 -648957 -1 0 X X 0 1 X 1 1 1 X 133261 86575 166392 386228 1741981 1915517 1878032 1912269 1999117 9446916 1875242 2002092 1878032 2078661 1999117 9833144 81687 81687 0 81687 81687 9751457 2534 7489 3977 2919 4124 21043 2534 7489 3977 2919 4124 21043 42872 1800 11301 2747 58720 1920648 2011381 1893310 2084327 2003241 9912907 0.98370 0.98360 0.00210 0.00200 X 1369670 1369670 6944910 2172164 4772746 92132 20337 71795 6214211 RESTRICTED DEPOSITS 1548476 DEVELOPMENT COSTS 2000 1550476 SECURITY DEPOSIT LIABILITY 188905 DUE TO AFFILIATES 3076136 MISCELLANEOUS LIABILITIES 7044 3272085 X 2003241 0 2003241 0 2003241 2652198 0 2652198 0 2652198 PART X, LINE 2: THE ORGANIZATION 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. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2022. HOWEVER, THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 KARIN CASSEL MITTERANDO EXECUTIVE DIRECTOR 0 216270 0 0 0 0 0 5708 0 13012 0 234990 0 0 THOMAS M NEE SENIOR OPERATIONS DIRECTOR 0 144163 0 0 0 0 0 3650 0 24213 0 172026 0 0 PART I, LINE 3 AT THE DECEMBER MEETING EACH YEAR FOR CARITAS COMMUNITIES INC., THE FULL BOARD OF DIRECTORS OF CARITAS COMMUNITIES INC. MEETS WITH THE AUDIT AND FINANCE COMMITTEE TO CONSIDER THE PLANNED COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE TREASURER WITH ALL INDIVIDUALS ABSENT FROM THE MEETING. PRIOR THERETO THE CHAIRMAN OF THE FINANCE AND AUDIT COMMITTEE DISCUSSES SALARY INFORMATION OBTAINED FROM OUR INDEPENDENT AUDITING FIRM REGARDING SALARIES PAID TO EXECUTIVE DIRECTORS AND TREASURERS IN COMPARABLE ORGANIZATIONS. THE AUDIT AND FINANCE COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD WHO DISCUSSES AND VOTES ON THE COMPENSATION OF THESE TWO INDIVIDUALS FOR THE COMING YEAR. FORM 990, PART VI, SECTION A, LINE 6 CARITAS COMMUNITIES, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A AS THE SOLE MEMBER, CARITAS COMMUNITIES, INC. HAS THE POWER TO APPOINT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8A ALL MANAGEMENT DECISIONS AND ACTIONS TAKEN ARE DOCUMENTED DURING MEETINGS OF CARITAS COMMUNITIES, INC. (CONTROLLING ENTITY). FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUBCOMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE CPA FIRM WHO PERFORMS AN AUDIT OF THE FINANCIAL STATEMENTS PREPARES THE FORM 990 WITH INPUT PROVIDED BY THE CARITAS CHIEF FINANCIAL OFFICER. THE COMPLETE FORM 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND IS MADE AVAILABLE TO THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND DIRECTORS OF CARITAS COMMUNITIES HOLDINGS INC. ARE ALSO THE OFFICERS AND DIRECTORS OF CARITAS COMMUNITIES INC. THE SIGN OFF OF THE POTENTIAL CONFLICT OF INTEREST FORM IS GENERALLY MADE EACH YEAR BY EACH MEMBER OF CARITAS COMMUNITIES BOARD OF DIRECTORS AND SENIOR MANAGEMENT AND IS THEN REVIEWED BY THE CHIEF FINANICAL OFFICER. FORM 990, PART VI, SECTION B, LINE 15A AT THE DECEMBER MEETING EACH YEAR FOR CARITAS COMMUNITIES INC., THE FULL BOARD OF DIRECTORS OF CARITAS COMMUNITIES INC. MEETS WITH THE AUDIT AND FINANCE COMMITTEE TO CONSIDER THE PLANNED COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE TREASURER WITH ALL INDIVIDUALS ABSENT FROM THE MEETING. PRIOR THERETO THE CHAIRMAN OF THE FINANCE AND AUDIT COMMITTEE DISCUSSES SALARY INFORMATION OBTAINED FROM OUR INDEPENDENT AUDITING FIRM REGARDING SALARIES PAID TO EXECUTIVE DIRECTORS AND TREASURERS IN COMPARABLE ORGANIZATIONS. THE AUDIT AND FINANCE COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD WHO DISCUSSES AND VOTES ON THE COMPENSATION OF THESE TWO INDIVIDUALS FOR THE COMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SALARIES AND RELATED: PROGRAM SERVICE EXPENSES 206,681. MANAGEMENT AND GENERAL EXPENSES 114,769. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 321,450. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CARITAS COMMUNITIES INC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 042875899 AFFORDABLE HOUSING MA 501(C)(3) LINE 7 N/A 0 BEDFORD VETERANS QUARTERS INC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 562597881 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 CARITAS COMMUNITIES INC 0 SEAN BROOKS HOUSE INC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 611572201 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 CARITAS COMMUNITIES INC 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0