2023-11-15T11:59:03-08:00 2022-12-31 043068663 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2022-01-01 042755270 EBCDC INC EBCD 6175695590 80 BORDER STREET 3RD FLOOR EAST BOSTON MA 02128 ALBERT CALDARELLI PRESIDENT 6175695590 2023-05-03 true ALBERT CALDARELLI XXX-XX-XXXX true Julie A Couto CPA P00957645 9788872220 2023-11-15 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X ALBERT CALDARELLI 80 BORDER STREET East Boston MA 02128 5468532 false X www.ebcdc.com X 1979 MA To assist the creation of affordable housing and economic development that benefits the residents of East Boston. 21 19 73 0 0 0 560900 900000 4071978 507695 22759 3194152 0 4262747 4994737 0 0 4729447 4338621 0 0 578793 623680 5308240 4962301 -1045493 32436 58217013 63496599 32500277 36693343 25716736 26803256 To assist the creation of affordable housing and economic development that benefits the residents of East Boston. false false 3575588 0 4090340 Assisted entities in East Boston in developing different projects to increase the stock of low and medium income affordable housing available to the residents of East Boston. 3575588 true true false false false false false false false false true false true true true false false true false false false false false false false false false false false true false false false false false false false false false false false false true true false false false true 37 0 73 true false false false false false false false false false false X 21 19 false false false false true true false true true false false true true false false false true false false true true MA X X EBCDC INC 6175695590 80 BORDER ST 3RD FLOOR EAST BOSTON MA 02128 ALBERT CALDARELLI PRESIDENT 40.00 X X 280747 0 17105 NICOLE BECKLES DIRECTOR 1.00 X 0 0 0 RUTH CAPONE DIRECTOR 1.00 X 0 0 0 BLANCA AYALA ASST. TREASURER 1.00 X X 0 0 0 FRIDA SANCHEZ SECRETARY/CLERK 1.00 X X 0 0 0 THOMAS BRIAND DIRECTOR 1.00 X 0 0 0 PASQUALE CORDISCO CHAIR PERSON 1.00 X 0 0 0 FRANCIS BIAGIOTTI DIRECTOR 1.00 X 0 0 0 HERIBERTO MORALES TREASURER 1.00 X X 0 0 0 MARK KRATMAN DIRECTOR 1.00 X 0 0 0 ELIZABETH GARUFO DIRECTOR 1.00 X 0 0 0 ANNIERATHA SAING DIRECTOR 1.00 X 0 0 0 DONALD COVERDALE DIRECTOR 1.00 X 0 0 0 JOHN MAFFEO DIRECTOR 1.00 X 0 0 0 GLORIA RUIZ-AMAYA DIRECTOR 1.00 X 0 0 0 KEMPTON FLEMMING VICE CHAIR 1.00 X X 0 0 0 KATHLEEN ORLANDO DIRECTOR 1.00 X 0 0 0 ANTHONY PICARELLO DIRECTOR 1.00 X 0 0 0 RITA INGERSOLL DIRECTOR 1.00 X 0 0 0 JOHN MIGLIOZZI DIRECTOR 1.00 X 0 0 0 ALBERT FESTA FIN. DIRECTOR 40.00 X 256536 0 15381 SALVATORE COLOMBO GEN. MGR. 40.00 X 260136 0 16848 CYNTHIA FRONDUTO DIRECTOR OF ACCOUNTING 40.00 X 194757 0 26875 TANYA HAHNEL PROJECT MANAGER 40.00 X 111731 0 14864 1103907 0 91073 5 false true false 900000 900000 DEVELOPER FEES 531390 1070143 0 0 MANAGEMENT FEES 531310 712783 0 0 SALARY REIMBURSEMENTS 531110 2252596 0 0 NET RENTAL INCOME 531110 -18362 0 0 PROJECT MONITORING 531110 54818 0 0 4071978 479849 0 479849 0 16705 473795 -457090 -457090 -457090 0 0 4994737 3614888 0 479849 797419 528778 268641 0 2709771 2119150 590621 0 133948 101131 32817 0 426314 321381 104933 0 271169 204733 66436 0 29482 29482 0 0 53800 0 53800 0 9623 3214 6409 0 10520 1581 8939 0 127696 90676 37020 0 62868 20956 41912 0 20910 20910 0 0 25020 3624 21396 0 201 201 0 0 10928 0 10928 0 88730 29636 59094 0 Consulting Fees 69047 69047 0 0 Dues and subscriptions 400 0 400 0 Supplies-Office 35029 11700 23329 0 Equipment rental and maintenance 7716 0 7716 0 71710 19388 52322 0 4962301 3575588 1386713 0 351377 231643 5171368 1993668 123336 1275861 30109480 30507258 68551 100992 26611879 4672750 18748305 21939129 531717 3366987 3112879 4081061 58217013 63496599 1215231 1394131 56926 13445 16418286 20471482 8054341 8059605 6755493 6754680 32500277 36693343 X 25716736 26803256 25716736 26803256 58217013 63496599 X 32436 1054084 X false true X true false X 0 0 2500 10500 0 560900 900000 1473900 985463 3876778 2640255 2684210 3537500 13724206 0 0 987963 3887278 2640255 3245110 4437500 15198106 0 0 0 15198106 145827 463459 464754 452221 479849 2006110 145827 463459 464754 452221 479849 2006110 617287 1911901 2096215 2131376 2252596 9009375 26213591 0.57980 0.58940 0.07650 0.07430 X Pt III Ln 12 Other Income Part III, Line 12 Description: Salary Reimbursements 2018: 617287. 2019: 1911901. 2020: 2096215. 2021: 2131376. 2022: 2252596. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 7921245 7921245 17251913 4499293 12752620 334528 173457 161071 1104193 1104193 21939129 INVESTMENT IN BARNES SCHOOL APARTMENTS 4484 C INVESTMENT IN GREENWAY APTS LLC 115628 C INVESTMENT IN DALRYMPLE SCHOOL LP -3503 C INVESTMENT IN NORTHBROOK SENIOR MANAGER LLC 21 C INVESTMENT IN CONDOR HARVE 100 C Investment in Lyman LLC 100 C INVESTMENT IN 41N Senior Appt. 100 C INVESTMENT IN 41N MARGIN 456 C INVESTMENT IN TRINITY BORDER ST 25 C INVESTMENT IN COPPERSMITH VILLAGE LLC 21 C INVESTMENT IN PARIS VILLAGE 79 C INVESTMENT IN GRACE APT 65782 C INVESTMENT IN LOCKPORT 59406 C BLUE LINE PORTFOLIO 426853 C INVESTMENT Maverick Landing 1156061 C INVESTMENT EBNT Holdings 1400000 C Trinity Carlton, LLC 144228 C ELIMINATE EXCESS AOP -2854 C 3366987 UPFRONT LEASE COSTS, NET 3081061 DEFERRED DEVELOPMENT FEE 1000000 4081061 SECURITY DEPOSITS 83380 NOTES PAYABLE TO RELATED PARTIES 6671300 6754680 false false false false false false false false false ALBERT CALDARELLI 220747 0 60000 0 0 0 11230 0 5875 0 297852 0 0 0 ALBERT FESTA 196536 0 60000 0 0 0 10261 0 5120 0 271917 0 0 0 SALVATORE COLOMBO 196536 0 63600 0 0 0 10405 0 6443 0 276984 0 0 0 CYNTHIA FRONDUTO 157257 0 37500 0 0 0 7790 0 19085 0 221632 0 0 0 Pt VI, Line 6 Members are residents of East Boston Massachusetts who register as members with the Organization. Pt VI, Line 7a Members elect the Board of Directors of the Organization. Pt VI, Line 11b The Form 990 is reviewed by the Executive Director, Financial Director and available for review by the Board of Directors prior to filing. Pt VI, Line 19 The financial statements are available for review on the Massachusetts Attorney General's Charitable Division website. Governing policies and financial statements are available upon request. Pt XI Other changes in net assets represents limited partner distributions as a result of the sale of real estate to a related party. Condor Harve LLC 72 Marginal Street Boston MA 02128 454381899 Low Income Housing MA 221806 1958584 EBCDC INC EB AOP LLC 72 Marginal Street Boston MA 02128 Low income Housing MA 949039 11792307 EBCDC INC LEWIS MALL APARTMENTS 72 MARGINAL STREET BOSTON MA 02128 223240371 LOW INCOME ELDERLY HOUSING MA 3 10 EBCDC INC false EBECC LIBRARY INC 72 MARGINAL STREET EAST BOSTON MA 02128 831121911 NON-PROFIT COMMUNITY RENTAL MA 3 12a EBCDC INC false WOODBURY CUNARD ASSOCIATES LP 80 BORDER STREET BOSTON MA 02128 042645115 LOW INCOME HOUSING MA EBCDC INC N/A 1 false 0.98000 EBCDC DALRYMPLE SCHOOL LLC 80 BORDER STREET EAST BOSTON MA 02128 460972799 LOW INCOME HOUSING MA EBCDC INC N/A -428 false 0.79000 PARIS VILLAGE LLC 80 BORDER STREET EAST BOSTON MA 02128 812713957 LOW INCOME HOUSING MA EBCDC INC N/A -38 true 0.00010 BARNES SCHOOL LP 80 BORDER STREET EAST BOSTON MA 02128 200660119 LOW INCOME HOUSING MA EBCDC INC N/A -93 true 0.00010 GREENWAY APARTMENTS LLC 80 BORDER STREET EAST BOSTON MA 02128 270933802 LOW INCOME HOUSING MA EBCDC INC N/A -38 true 0.00010 GRACE APARTMENTS LLC 80 BORDER STREET EAST BOSTON MA 02128 833857551 LOW INCOME HOUSING MA EBCDC INC N/A 0 true 0.00010 LYMAN SCHOOL LP 80 BORDER STREET EAST BOSTON MA 02128 471713960 LOW INCOME HOUSING MA EBCDC INC N/A -28 true 0.00010 DALRYMPLE SCHOOL APARTMENTS LP 80 BORDER STREET EAST BOSTON MA 02128 460965747 LOW INCOME HOUSING MA EBCDC INC N/A -19 true 0.00010 Landfall Community Associates II Manager 80 BORDER STREET East Boston MA 02128 823815727 Low income housing MA EBCDC INC C 0.79000 Barnes School Apartments Inc 80 BORDER STREET East Boston MA 02128 550821971 Low income housing MA EBCDC INC C 1.00000 EBCDC GREENWAY MANAGER INC 80 BORDER STREET EAST BOSTON MA 02128 274111327 Low income housing MA EBCDC INC C 1.00000 LYMAN SCHOOL LLC 80 BORDER STREET EAST BOSTON MA 02128 471800433 Low income housing MA EBCDC INC C 1.00000 PARIS VILLAGE MANAGER LLC 80 BORDER STREET EAST BOSTON MA 02128 822224359 Low income housing MA EBCDC INC C 0.79000 GRACE APARTMENTS MANAGER LLC 80 BORDER STREET EAST BOSTON MA 02128 851314628 LOW INCOME HOUSING MA EBCDC INC C 0.79000 false false false true false false false false false false true true false false true false false false false Lewis Mall Apartments Inc l 38278 FMV Lewis Mall Apartments Inc o 109741 FMV EBECC Library Inc d 1032983 FMV Landfall Community Associates II k 31050 FMV Dalrymple School Apartments d 5842600 FMV