2025-02-21T13:32:59-06:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 050517019 EAST BAY REALTY CORPORATION II EAST 4014319870 19 BROADWAY NEWPORT RI 02840 RILWAN FEYISITAN JR PRESIDENT & CEO 4014319870 2025-02-17 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-02-17 2023 2025-03-06 01:10:19Z RILWAN FEYISITAN JR 19 BROADWAY NEWPORT RI 02840 127616 0 X N/A X 2001 RI TO PROVIDE LOW INCOME HOUSING FACILITIES TO HANDICAPPED PERSONS DESIGNED TO MEET THE OCCUPANT'S PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. 5 5 0 5 0 0 0 0 112500 112853 28 33 19147 14730 131675 127616 0 0 0 0 6245 7349 0 0 0 134557 147875 140802 155224 -9127 -27608 1242518 1261581 19033 65704 1223485 1195877 TO PROVIDE LOW INCOME HOUSING FACILITIES TO HANDICAPPED PERSONS DESIGNED TO MEET THE OCCUPANT'S PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. 0 0 119832 127583 PROVIDED LOW INCOME HOUSING FOR HANDICAPPED INDIVIDUALS. 119832 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X VICTOR SARDELLI 4014309515 19 BROADWAY NEWPORT RI 02840 JULIE CHALUE CHAIR AND OFFICER 0.15 4.00 X X 0 0 0 ANNETTE RICHARDSON SECRETARY AND OFFICER 0.15 4.00 X X 0 0 0 DAVID BEBYN TREASURER AND OFFICER 0.15 4.00 X X 0 0 0 JUDITH CAMPBELL MEMBER 0.15 4.00 X 0 0 0 KATHLEEN CHARBONNEAU MEMBER 0.15 4.00 X 0 0 0 RILWAN FEYISITAN JR PRESIDENT AND CEO 1.00 40.00 X 0 206822 7499 JUSTINE CORDEIRO VP & CFO 1.00 40.00 X 0 127500 16055 JOSEPH JUDGE CFO (UNTIL 4/2023) 1.00 40.00 X 0 125627 13366 0 459949 36920 0 0 1 0 0 TENANT RENTAL INCOME 531110 112853 112853 112853 33 33 OTHER 531390 14730 14730 14730 127616 127583 0 33 7349 952 6397 6110 6110 150 150 17296 17296 62075 62075 49747 49747 7058 7058 MISCELLANEOUS 5439 5439 155224 119832 35392 0 8248 2634 73657 92434 786 776 5072 2984 2003832 855424 1154755 1148408 0 14345 1242518 1261581 11972 18471 7061 47233 19033 65704 X -601174 -628782 1824659 1824659 1223485 1195877 1242518 1261581 -27608 0 X X 0 1 X 1 1 1 X X 1 EAST BAY COMMUNITY ACTION PROGRAM 050310024 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION E, LINE 2A: THE ORGANIZATION SUPPORTS EAST BAY COMMUNITY ACTION PROGRAM (EBCAP). THE ORGANIZATION PROVIDES HOUSING SERVICES TO LOW INCOME HANDICAPPED CLIENTS OF EBCAP. THESE SERVICES ARE DIRECTLY RELATED TO THE EXEMPT PURPOSE OF EBCAP AND WERE NECESSARY FOR EBCAP TO FULLY CARRY OUT ITS EXEMPT PURPOSE. PART IV, SECTION E, LINE 2B: THE SERVICES PROVIDED BY THE ORGANIZATION WERE NECESSARY FOR EAST BAY COMMUNITY ACTION PROGRAM (EBCAP) TO CARRY OUT ITS MISSION TO PROVIDE HOUSING SERVICES TO LOW INCOME HANDICAPPED CLIENTS. THE ORGANIZATION INVOLVEMENT WAS NECESSARY SINCE IT RECEIVES FUNDING FROM THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) TO FUND THE COST OF THESE SERVICES. EBCAP WOULD NOT HAVE BEEN ABLE TO RECEIVE THE HUD FUNDING WITHOUT THE INVOLVEMENT OF THE ORGANIZATION. 120000 120000 1865641 844097 1021544 18191 11327 6864 1148408 TENANT SECURITY DEPOSITS 4535 DUE TO RELATED PARTY 42698 47233 X 127616 0 127616 0 127616 155224 0 155224 0 155224 PART X, LINE 2: THE AGENCY 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 AGENCY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. THE AGENCY'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 RILWAN FEYISITAN JR PRESIDENT AND CEO 0 206822 0 0 0 0 0 0 0 7499 0 214321 0 0 PART I, LINE 3 THE ORGANIZATION'S CEO IS COMPENSATED BY RELATED ORGANIZATION EAST BAY COMMUNITY ACTION PROGRAM. FORM 990, PART VI, SECTION A, LINE 6 EAST BAY COMMUNITY ACTION PROGRAM IS NAMED AS THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 IS PREPARED, A COPY IS SENT TO ALL BOARD MEMBERS FOR REVIEW. ONCE REVIEWED AND ANY NECESSARY CHANGES HAVE BEEN MADE, THE 990 IS APPROVED AND SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMINGYEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 EBCRII MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. EAST BAY COMMUNITY ACTION PROGRAM 19 BROADWAY NEWPORT RI 02840 050310024 TO PROVIDE MEDICAL, DENTAL, BEHAVIORAL HEALTH AND OTHER SERVICES. RI 501(C)(3) LINE 7 N/A 0 BABY STEPS (DISSOLVED 82023) 19 BROADWAY NEWPORT RI 02840 272842717 TO EDUCATE PARENTS/CAREGIVERS ABOUT PRE-SCHOOL. RI 501(C)(3) LINE 7 EAST BAY COMMUNITY ACTION PROGRAM 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0