2023-11-09T12:40:11-06:00 2022-12-31 042734675 DANIEL DENNIS & COMPANY LLP 990 WASHINGTON STREET DEDHAM MA 02026 990 2022-01-01 042752507 CODMAN SQUARE NEIGHBORHOOD DEVELOPMENT CORPORATION CODM 6178254224 587 WASHINGTON STREET DORCHESTER MA 02124 GAIL LATIMORE EXECUTIVE DIRECTOR 6178254224 2023-11-09 GAIL LATIMORE XXX-XX-XXXX 0 COLLEEN D'ALFONSO P01707306 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GAIL LATIMORE 587 WASHINGTON STREET DORCESTER MA 02124 7754039 0 X WWW.CSNDC.COM X 1981 MA TO DEVELOP AFFORDABLE HOUSING AND GENERATE NEIGHBORHOOD STABILIZATION AND ECONOMIC DEVELOPMENT 10 10 46 50 0 0 3095975 2522859 3856277 3976760 195 429 2268686 1253991 9221133 7754039 0 0 0 0 2788864 2559865 0 0 11600 6693757 3626132 9482621 6185997 -261488 1568042 49534179 52535494 12266514 13748198 37267665 38787296 X TO DEVELOP AFFORDABLE HOUSING,GENERATE NEIGHBORHOOD STABILIZATION, PROMOTE ECONOMIC DEVELOPMENT, AND PROVIDE SERVICES THAT ENHANCE THE SENSE OF COMMUNITY AND QUALITY OF LIFE TO RESIDENTS IN THE CODMAN SQUARE AREA OF DORCHESTER, MA. 0 0 1985381 1593295 ASSET MANAGEMENT IS THE OWNERSHIP AND MANAGEMENT OF PROPERTIES CSNDC HAS DEVELOPED IN THE PAST. THESE EFFORTS ARE AIMED AT ENSURING THAT THE PROPERTIES MEET THE NEEDS OF THEIR LOW TO MODERATE INCOME RESIDENTS AS WELL AS MAINTAINING THE FINANCIAL VIABILITY OF THESE PROPERTIES IN THE FUTURE. 1896972 1300855 REAL ESTATE DEVELOPMENT - DEVELOPMENT INCLUDES CSNDC'S AND ITS SUBSIDIARIES' EFFORTS TO REHABILITATE RESIDENTIAL AND COMMERCIAL PROPERTIES IN THE CODMAN SQUARE NEIGHBORHOOD. 1087492 283452 RESIDENT SERVICES - RESIDENT SERVICES PROVIDES SOCIAL SERVICES FOR RESIDENTS OF THE PROPERTIES WHICH CSNDC HAS DEVELOPED AS WELL AS PROVIDING FOR THE INVOLVEMENT OF THESE RESIDENTS IN VARIOUS COMMUNITY DEVELOPMENT AND YOUTH PROGRAMS. 701460 2053578 MANAGED AFFORDABLE HOUSING DEVELOPMENTS TO ENSURE THE NEEDS OF THE RESIDENTS WERE MET AS WELL AS PRESERVING THE FINACIAL VIABILITY OF THE DEVELOPMENTS 701460 2053578 5671305 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 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 0 1 1 1 0 0 0 1 43 0 1 46 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA X CODMAN SQUARE NDC 6178254224 587 WASHINGTON STREET DORCHESTER MA 02124 RUDOLPH RUSSELL CHAIR 5.00 X X 0 0 0 ANNETT MCCLANAHAN TREASURER 5.00 X X 0 0 0 LATISHIA CROSBY-MUTURI SECRETARY 5.00 X X 0 0 0 TANYA WESLEY-WHITE BOARD MEMBER 5.00 X 0 0 0 LEROY GIBSON BOARD MEMBER 5.00 X 0 0 0 CARLA RICHARDS BOARD MEMBER 5.00 X 0 0 0 LAQUISA BURKE BOARD MEMBER 5.00 X 0 0 0 JADIRAH ORTIZ BOARD MEMBER 5.00 X 0 0 0 LINDA MONTEIRO BOARD MEMBER 5.00 X 0 0 0 TRINA RUFFIN BOARD MEMBER 5.00 X 0 0 0 GAIL LATIMORE EXECUTIVE DIRECTOR 40.00 X 195015 0 18107 FUK WAH VINCENT LO DIRECTOR OF FINANCE 40.00 X 126737 0 28436 MARCIA THORNHILL CHIEF OPERATING OFFICER 40.00 X 141720 0 9451 463472 0 55994 3 0 1 0 0 1154607 1368252 2522859 RENTAL INCOME 900099 1213073 1213073 DEVELOPER FEE 900099 1211796 1211796 MANAGMENT FEES 900099 663674 663674 INTEREST ON N/R 900099 522094 522094 366123 366123 3976760 429 429 MISCELLANEOUS 900099 779528 779528 RELATED PARTY DEBT FOR 900099 474463 474463 1253991 7754039 5231180 0 0 519465 324662 188708 6095 1625561 1443099 180074 2388 241075 215100 25369 606 173764 144345 28756 663 232604 199030 32817 757 66376 57113 9054 209 57706 48674 8828 204 643585 628923 14332 330 29112 24125 4875 112 180840 179577 1235 28 300517 297667 2786 64 102597 99640 2890 67 BAD DEBT 1151883 1151883 PROGRAM FEES 300830 300830 MISCELLANEOUS 268129 268129 REPAIRS AND MAINTENANCE 230817 230817 61136 57691 3368 77 6185997 5671305 503092 11600 4476850 4946571 1698111 1713475 209534 17612 550097 789993 9160 9160 55534 57713 10604497 2836708 7961376 7767789 14796925 14731226 19776592 22501955 49534179 52535494 809315 1206174 18063 18063 10770071 12046494 669065 477467 12266514 13748198 X 37267665 38542046 245250 37267665 38787296 49534179 52535494 X 1568042 -48411 X X 0 1 X 1 0 X 1622625 1417425 1408901 2683470 2110354 9242775 2545203 3414430 3258357 3361510 2242870 14822370 4167828 4831855 4667258 6044980 4353224 24065145 0 0 0 24065145 356303 346810 519170 494962 522094 2239339 356303 346810 519170 494962 522094 2239339 1114021 663310 549783 690469 3017583 4524131 6292686 5849738 7089725 5565787 29322067 0.82070 0.83240 0.07640 0.06750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 500000 500000 500000 500000 500000 500000 500000 500000 500000 500000 1.00000 0 0 1955709 1955709 7954419 2250024 5704395 152999 141363 11636 541370 445321 96049 7767789 INVESTMENT IN SUBSIDIARIES 14731226 C 14731226 DUE FROM RELATED PARTIES 17529955 FUND HELD IN TRUST 206066 CONSTRUCTION IN PROGRESS 4765934 22501955 FUNDS HELD IN TRUST 187190 PREPAID RENT 48387 DUE TO RELATED PARTIES 241890 477467 X PART X, LINE 2: CSNDC EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS AND IN ITS SUBSIDIARIES' TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. AT DECEMBER 31, 2022, CSNDC BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ITS OPEN TAX RETURNS AND WITHIN ANY OF ITS SUBSIDIARIES' OPEN TAX RETURNS. 0 0 0 0 0 0 0 0 0 GAIL LATIMORE EXECUTIVE DIRECTOR 195015 0 0 0 0 0 0 0 18107 0 213122 0 0 0 FUK WAH VINCENT LO DIRECTOR OF FINANCE 126737 0 0 0 0 0 0 0 28436 0 155173 0 0 0 MARCIA THORNHILL CHIEF OPERATING OFFICER 141720 0 0 0 0 0 0 0 9451 0 151171 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE REVIEWS THE FORM 990 AND WILL PRESENT THE FORM 990 TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WILL THEN VOTE ON ACCEPTANCE OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS AND MONITORS ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES BOARD APROVAL AND COMPARABLE DATA TO DETERMINE THE SALARY OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: SUBSIDIARY DISTRIBUTION -48,411. PART XII, 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. 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