2024-12-10T07:48:59-06:00 2023-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-01-01 043300758 NATE SMITH HOUSING CORPORATION JPNDC NATE 6175222424 31 GERMANIA STREET JAMAICA PLAIN MA 02130 HENRY TERRONES DIRECTOR 6175222424 2024-11-12 1 1 MATTHEW TROIANO CPA P01263939 5083669100 2024-11-12 2023 2024-10-15 13:58:12Z X ADELAIDA PULIDO 31 GERMANIA STREET JAMAICA PLAIN MA 02130 500271 0 X N/A X 1995 MA PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 9 9 0 9 0 0 359892 375692 113554 116490 266 4516 3471 3573 477183 500271 0 0 0 0 0 0 0 0 0 712376 692862 712376 692862 -235193 -192591 881854 780185 981867 1072789 -100013 -292604 TO REHABILITATE, OWN AND OPERATE 45 UNITS OF LOW INCOME HOUSING FOR THE ELDERLY LOCATED IN JAMAICA PLAIN, MASSACHUSETTS. 0 0 528474 120063 PROVIDED 45 UNITS OF HOUSING AND SOCIAL SERVICES TO LOW-INCOME ELDERLY PEOPLE IN THE JAMAICA PLAIN SECTION OF BOSTON, MA. 528474 1 1 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 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X JEFF AIMONETTI 6175222424 31 GERMANIA STREET JAMAICA PLAIN MA 02130 ADELAIDA PULIDO PRESIDENT 1.00 X X 0 0 0 LYNN WHIPPLE VICE PRESIDENT 1.00 X X 0 0 0 JOE VALLELY TREASURER 1.00 1.00 X X 0 0 0 LEROY STODDARD ASSISTANT TREASURER 1.00 X X 0 0 0 ANTONIO TORRES CLERK 1.00 1.00 X X 0 0 0 ANNE GELBSPAN ASSISTANT CLERK 1.00 4.00 X X 0 0 0 HENRY TERRONES DIRECTOR 1.00 1.00 X 0 0 0 EDNA JACKSON DIRECTOR 1.00 X 0 0 0 WANDA MENDES DIRECTOR 1.00 X 0 0 0 TERONDA ELLIS CHIEF EXECUTIVE OFFICER 1.00 45.00 X 0 163468 18350 DIANNE MALONEY FORMER CFO 1.00 45.00 X 0 101427 5067 JEFF AIMONETTI CURRENT CFO 1.00 45.00 X 0 12615 75 CHRISTOPHER D'ANTONIO FORMER CFO 1.00 45.00 X 0 52516 0 REBECCA MAUTNER VP OF RE DEVELOPMENT & ASSETS 1.00 32.00 X 0 157132 4412 GIOVANNY VALENCIA DIRECTOR OF ORGANIZING 1.00 40.00 X 0 124742 3635 ERIKA GUERRA ASSOC. DIRECTOR OF RE 1.00 40.00 X 0 129927 10571 SALLY SWENSON DIR. FUNDRAISING & COMMUNICATIONS 1.00 40.00 X 0 110615 15796 GINA HUDSON VP OF ECONOMIC DEVELOPMENT PROGRAMS 1.00 40.00 X 0 111298 18919 0 963740 76825 0 0 1 0 PEABODY PROPERTIES INC 536 GRANITE STREET BRAINTREE MA 02184 MANAGEMENT FEE AND SERVICES 156073 1 375692 375692 RENTAL INCOME 531110 116490 116490 116490 4516 4516 LAUNDRY & VENDING 531110 3573 3573 3573 500271 120063 0 4516 X 29131 29131 18865 18865 152111 66096 86015 30377 30377 236584 236584 196677 196677 26567 26567 RESIDENT SERVICES 2550 2550 692862 528474 164388 0 23262 29194 2796 23534 1327 1380 5542857 4973741 693183 569116 161286 156961 881854 780185 37193 128643 4463 4122 934932 934932 5279 5092 981867 1072789 X -4049813 -4242404 3949800 3949800 -100013 -292604 881854 780185 -192591 0 X X 0 1 X 1 1 1 X 357892 366617 366029 359892 375692 1826122 112445 119150 110405 113554 116490 572044 470337 485767 476434 473446 492182 2398166 0 0 0 2398166 106 83 95 266 4516 5066 106 83 95 266 4516 5066 45396 1482 32326 3471 3573 86248 515839 487332 508855 477183 500271 2489480 0.96330 0.96480 0.00200 0.00030 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY VENDING - 2019 AMOUNT: $ 2,406. 2020 AMOUNT: $ 1,482. 2021 AMOUNT: $ 2,326. 2022 AMOUNT: $ 3,471. 2023 AMOUNT: $ 3,573. GAIN ON INSURANCE CLAIM - 2019 AMOUNT: $ 42,990. SPONSORSHIP EXPENSE REIMBURSEMENT - 2021 AMOUNT: $ 30,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19009 19009 5355150 4805043 550107 168698 168698 0 569116 TENANT SECURITY DEPOSITS 5092 RESERVE FOR REPLACEMENTS 74270 BOARD RESTRICTED FUNDS FOR RESIDENT SERVICES 31847 ESCROW DEPOSITS 45752 156961 TENANT SECURITY DEPOSITS 5092 5092 X 500271 0 500271 0 500271 692862 0 692862 0 692862 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, 2023. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAX JURISDICTIONS. 0 0 0 0 0 0 0 0 0 TERONDA ELLIS CHIEF EXECUTIVE OFFICER 0 163468 0 0 0 0 0 0 0 18350 0 181818 0 0 REBECCA MAUTNER VP OF RE DEVELOPMENT & ASSETS 0 157132 0 0 0 0 0 0 0 4412 0 161544 0 0 PART I, LINE 3 ANY COMPENSATION PROVIDED TO OFFICERS WAS PROVIDED BY A RELATED ORGANIZATION WHILE THEY SERVED AS OFFICERS OF THE ORGANIZATION DURING THE CALENDAR YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: * COMPENSATION SURVEY OR STUDY * APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION IS AFFILIATED WITH JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION (JPNDC), WHO IS THE SPONSOR AGENCY OF THE CORPORATION. FOR ITS SERVICES IN MONITORING THE OPERATIONS OF THE CORPORATION, JPNDC IS ENTITLED TO AN ASSET MANAGEMENT FEE AS APPROVED IN THE ANNUAL BUDGET. FOR THE YEAR ENDED DECEMBER 31, 2023, NO ASSET MANAGEMENT FEE WAS INCURRED. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION INCURRED MANAGEMENT FEES OF $29,131 FOR THE YEAR ENDED DECEMBER 31, 2023. THE CORPORATION IS MANAGED BY AN UNAFFILIATED COMPANY, PEABODY PROPERTIES, INC., FOR A MANAGEMENT FEE EQUAL TO 6% OF NET RENTAL INCOME. THE AGREEMENT IS IN EFFECT ON A YEAR-TO-YEAR BASIS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE PRESIDENT OF THE BOARD, AND IS THEN DISTRIBUTED TO THE REMAINING BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S IS ENCOMPASSED BY THE SPONSOR AGENCY JPNDC'S CONFLICT OF INTEREST POLICY. ALL OFFICERS AND BOARD MEMBERS FILL OUT AN ANNUAL DISCLOSURE STATEMENT STATING THAT THEY UNDERSTAND THE POLICY AND DISCLOSING ANY POTENTIAL CONFLICTS BE IT PERSONAL OR FINANCIAL ANY NEW CHANGES SHALL BE PROMPTLY DISCLOSED. THE STATEMENTS ARE KEPT BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 66,096. MANAGEMENT AND GENERAL EXPENSES 86,015. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 152,111. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ANGELA WESTOVER HOUSING CORPORATION 31 GERMANIA STREET JAMAICA PLAIN MA 02130 042743396 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION 0 BICKFORD STREET ELDERLY HOUSING CORPORATION 31 GERMANIA STREET JAMAICA PLAIN MA 02130 331063789 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION 0 ONE TO FOUR REHABILITATION CORPORATION 31 GERMANIA STREET JAMAICA PLAIN MA 02130 043279485 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION 0 ROCKVALE COMMUNITY HOUSING CORPORATION 31 GERMANIA STREET JAMAICA PLAIN MA 02130 043534734 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION 0 BREWERY DEVELOPMENT COMPANY OF JAMAICA PLAIN 31 GERMANIA STREET JAMAICA PLAIN MA 02130 222598255 AFFORDABLE HOUSING MA 501(C)(3) LINE 7 JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION 0 JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION 31 GERMANIA STREET JAMAICA PLAIN MA 02130 042652919 COMMUNITY DEVELOPMENT MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0