2023-09-25T13:43:29-05:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 352506219 FENWAY COMPANIES INC C/O FENWAY COMMUNITY DEVELOPMENT CORP FENW 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 388158 0 X WWW.FENWAYCDC.ORG X 2014 MA FENWAY COMPANIES, INC. WAS ORGANIZED TO PROMOTE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS. 4 3 0 3 0 0 0 0 380068 386177 612 1318 736 663 381416 388158 0 0 0 0 0 0 0 0 0 587245 675226 587245 675226 -205829 -287068 2540372 2460900 4620228 4827824 -2079856 -2366924 FENWAY COMPANIES, INC. PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 0 0 595988 386840 FENWAY COMPANIES, INC. PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 595988 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 7 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 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 386177 386177 386177 1318 1318 OTHER INCOME 900099 663 663 663 388158 386840 0 1318 X 25435 25435 3409 3409 5010 5010 88252 33770 54482 204 204 11614 11614 441823 441823 94756 94756 MISCELLANEOUS 4723 4723 675226 595988 79238 0 433826 329310 23455 111041 13926 6016 2397 4803 3424957 1807883 1711831 1617074 354937 392656 2540372 2460900 55117 66617 3473447 3672792 1091664 1088415 4620228 4827824 X -2079856 -2366924 -2079856 -2366924 2540372 2460900 -287068 0 X X 0 1 X 1 0 X 289449 319215 338580 380068 386177 1713489 289449 319215 338580 380068 386177 1713489 0 79119 105233 75509 72921 73953 406735 79119 105233 75509 72921 73953 406735 1306754 1582 2139 999 612 1318 6650 1582 2139 999 612 1318 6650 687 378 336 736 663 2800 291718 321732 339915 381416 388158 1722939 0.75840 0.74430 0.00390 0.01480 X 181356 181356 3177925 1764320 1413605 65676 43563 22113 1617074 RESERVES AND DEPOSITS 392656 392656 NOTES PAYABLE AND ACCRUED INTEREST -RELATED PARTY 1088415 1088415 X PART X, LINE 2: FENWAY COMPANIES, INC. (FCI) 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. FCI HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2022. FCI'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. FORM 990, PART VI, SECTION A, LINE 3 FENWAY COMPANIES, INC. (FCI) DELEGATED ASSET MANAGEMENT DUTIES TO FENWAY COMMUNITY DEVELOPMENT CORPORATION (FCDC), A RELATED ORGANIZATION. IN ADDITION, FCI HAS DELEGATED PROPERTY MANAGEMENT AND BOOKKEEPING SERVICES TO PEABODY PROPERTIES. FORM 990, PART VI, SECTION A, LINE 8B FENWAY COMPANIES, INC. 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 FENWAY COMPANIES, INC. REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY (AS IMPLEMENTED BY FCDC.) FENWAY COMPANIES, INC. 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 FENWAY COMPANIES, INC. 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 33,770. MANAGEMENT AND GENERAL EXPENSES 53,247. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,017. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,235. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,235. 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 ASTOR ASSETS INC 70 BURBANK STREET BOSTON MA 02115 043170766 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 0 0 0 0 0 0 0 0 0 0