2025-05-02T08:10:09-07:00 2024-06-30 261588653 HOUSSAN & OJERHOLM PC 333 SHREWSBURY STREET WORCESTER MA 01604 990 2023-07-01 043280116 WORCESTER EAST SIDE COMMUNITY DEVELOPMENT CORPORATION WORC 5087990322 85 Prescott Street 101 WORCESTER MA 01605 N PAUL TONTHAT Executive Director 2025-05-02 true true Michael E Houssan CPA P01381749 5087919501 2023 2025-03-06 01:10:19Z N PAUL TONTHAT 289217 false X www.worcestereastsidecdc.org X 1996 MA To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives. 6 6 2 0 44933 68607 219740 219772 43280 838 0 307953 289217 0 0 136234 48707 0 939 257924 355749 394158 404456 -86205 -115239 3111222 3019324 3565602 3588943 -454380 -569619 To stabilize and revitalize the East Side Neighborhoods that we serve in order to improve the quality of life for all those who reside or work here. We aim to reduce neighborhood blight, preserve current housing stock, increase the availability of quality home ownership opportunities and affordable well-managed rental units, provide economic and educational programs, promote the activities of new and existing businesses and create a safer, healthier community for all. We seek to foster open channels of communication among those within the community and the government. We involve all that have an interest and encourage their leadership and growth to achieve these objectives. false false 346653 219772 THE ORGANIZATION PROVIDES COUNSELING, CASE MANAGEMENT, BENEFITS ADVISEMENT, OUTREACH, FOOD PANTRY, MEDICAL TRANSPORTATION, PERMANENTAND TRANSITIONAL HOUSING. 346653 true false false false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 2 true false false false false false false false 0 false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false MA X WORCESTER EAST SIDE CDC 5087990322 11 PLEASANT STREET SUITE 300 WORCESTER MA 01609 X COLLEEN PAPPAS President 1.00 0.00 X X 0 0 0 DEBRA BOLZ Treasurer 1.00 0.00 X X 0 0 0 DEBORAH HALL CLERK 1.00 0.00 X 0 0 0 ELLIOT LINZ Director 1.00 0.00 X 0 0 0 BERKELEY WLODARCZAK Director 1.00 0.00 X 0 0 0 LEAH WILSON DIRECTOR 1.00 0.00 X 0 0 0 0 false false false 0 67509 1098 68607 RENTAL INCOME 531110 219772 219772 219772 838 838 0 0 0 0 0 0 0 0 289217 220610 0 0 0 0 0 44999 22719 21408 872 0 0 210 210 3498 1679 1752 67 14407 14407 0 21759 5865 15894 0 0 0 0 0 6323 29 6294 0 0 0 236 236 0 0 13591 13591 0 112618 107818 4800 19943 14957 4986 SUPPORT SERVICES 59970 59970 UTILITIES 43701 43701 REPAIRS & MAINTENANCE 40600 39566 1034 REAL ESTATE TAXES 18637 18637 3964 3714 250 404456 346653 56864 939 246638 270377 0 0 3019 0 0 0 0 0 11696 11696 3562169 1064281 2610506 2497888 0 0 0 0 239363 239363 3111222 3019324 8438 16898 3547438 3566081 9726 5964 3565602 3588943 X -462434 -575619 8054 6000 -454380 -569619 3111222 3019324 -115239 X X false true X true false X 138075 339545 584335 44933 68607 1175495 221760 216680 239308 262651 219772 1160171 0 0 0 359835 556225 823643 307584 288379 2335666 0 0 2335666 373 156 69 369 838 1805 0 373 156 69 369 838 1805 0 6821 6821 367029 556381 823712 307953 289217 2344292 0.99630 0.99600 0.00080 0.00050 X 122531 122531 2416977 577238 1839739 970537 437526 533011 38384 37248 1136 13740 12269 1471 2497888 Construction in Progress 239363 239363 PREPAID RENTS 4571 TENANT SECURITY DEPOSITS 1393 5964 X Part X : FIN48 Footnote The FASB issued ASC 740-10, Income Taxes, based on FIN 48, Accounting for Uncertainty in Income Taxes as an interpretation of FASB Statement No. 109. ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entitys financial statements in accordance with Statement of Financial Accounting Standards No. 109, Accounting for Income Taxes. ASC 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position or expected to be taken in a tax return. In addition, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Organization does not have any material tax positions that require disclosure or recognition. Form 990, Part VI, Section B, Line 11b THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND IT IS THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL. Form 990, Part VI, Section B, Line 12c ALL POTENTIAL ISSUES ARE DISCUSSED AT REGULAR BOARD MEETINGS. Form 990, Part VI, Section B, Line 15a ANNUAL REVIEW AT BOARD MEETING INCLUDING COMPARISONS OF COMPENSATION TO OTHER SIMILAR ORGANIZATIONS. Form 990, Part VI, Section B, Line 15b ANNUAL REVIEW AT BOARD MEETING INCLUDING COMPARISONS OF COMPENSATION TO OTHER SIMILAR ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XII, Line 2c THE FINANCE COMMITTE IS CHARGED WITH THE OVERSIGHT AND GOVERNANCE OF THE AUDIT. FORM 990, Part VI, Section A, Line 6 THE 990 IS REVIEWED AT THE BOARD MEETING. FORM 990, Part VI, Section B, Line 11B THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND IT IS THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL FORM 990, Part VI, Section B, Line 12C ALL POTENTIAL ISSUES ARE DISCUSSED AT REGULAR BOARD MEETINGS FORM 990, Part VI, Section B, Line 15 ANNUAL REVIEW AT BOARD MEETING INCLUDING COMPARISONS OF COMPENSATION TO OTHER SIMILAR ORGANIZATIONS FORM 990, Part VI, Section C, Line 19 AVAILABLE UPON REQUEST