2025-05-15T07:00:19-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2023-07-01 043123008 BAY COVE MOSELEY GROUP HOME INC C/O BAY COVE HUMAN SERVICES BAYC 6173713000 66 CANAL STREET BOSTON MA 02114 KERRY J OLLEN INTERIM SVP/CFO 6173713000 2025-05-14 1 0 JOLANTA TUCK P01340068 7813803520 2025-05-12 2023 2025-03-06 01:10:19Z KEVIN MARTONE 66 CANAL STREET BOSTON MA 02114 113834 0 X N/A X 1991 MA PROVIDE HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS. 17 16 0 16 0 0 57569 82488 28639 29256 1106 2090 0 0 87314 113834 0 0 0 0 0 0 0 0 0 100346 88319 100346 88319 -13032 25515 195754 238510 144582 161823 51172 76687 PROVIDE HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS. 0 0 73377 29256 THE ORGANIZATION PROVIDES LOW INCOME HOUSING FOR 8 DISABLED TENANTS. 73377 1 1 0 0 0 0 0 0 0 0 1 0 0 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 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X KERRY J OLLEN 6173713000 66 CANAL ST BOSTON MA 02114 AJAY CHADHA VICE CHAIRPERSON 0.10 4.00 X X 0 0 0 ANNE LEVINE DIRECTOR 0.10 2.50 X 0 0 0 ANNE RUSH DIRECTOR 0.10 2.50 X 0 0 0 BRUCE G GOODMAN ESQ DIRECTOR 0.10 2.50 X 0 0 0 CHRISTOPHER LENTO DIRECTOR 0.10 2.50 X 0 0 0 EDDY DESIR DIRECTOR 0.10 2.50 X 0 0 0 GREGORY BUSCONE TREASURER 0.10 4.00 X X 0 0 0 JEAN MCGUIRE DIRECTOR 0.10 2.50 X 0 0 0 LISA BLAKE DIRECTOR 0.10 2.50 X 0 0 0 LOUIS JOSEPHSON PRESIDENT/CEO (THRU 06/2024) 0.10 42.00 X X 0 408458 47261 PETER A PEASE DIRECTOR 0.10 2.50 X 0 0 0 ROBERT J THOMAS DIRECTOR 0.10 2.50 X 0 0 0 RUTH FISHBEIN CHAIRPERSON 0.10 4.00 X X 0 0 0 SALLY THOMPSON DIRECTOR 0.10 2.50 X 0 0 0 SETH DALY STENNIS DIRECTOR 0.10 2.50 X 0 0 0 THOMAS J AITES DIRECTOR 0.10 2.50 X 0 0 0 WILLIAM H SPRAGUE PRESIDENT/CEO (AS OF 6/2024) 0.10 42.00 X X 0 84351 0 WILLIAM M MAFFIE III DIRECTOR 0.10 2.50 X 0 0 0 WILLIAM OAKLEY DIRECTOR (THRU 06/2024) 0.10 2.50 X 0 0 0 ALISON SANCHEZ CLERK (THRU 03/2024) 0.10 42.00 X 0 79210 7991 HEMA MAHASE ASSISTANT CLERK 0.10 42.00 X 0 75101 14681 KERRY J OLLEN ASST TREASURER/SVP/CFO (THRU 07/2023) 0.10 42.00 X 0 258653 13133 MARCEL VERNON CFO & ASST. TREASURER (AS OF 07/2023) 0.10 42.00 X 0 147948 13634 JAMES LAPRADE FORMER SVP OPERATIONS 0.10 42.00 X 0 195414 928 0 1249135 97628 0 1 1 0 0 82488 82488 TENANT RENTAL INCOME 531110 29256 29256 29256 2090 2090 113834 29256 0 2090 X 5234 5234 2310 2310 9914 9914 326 326 58744 58744 4719 4719 BAD DEBT EXPENSE 7072 7072 88319 73377 14942 0 7853 34926 11322 634949 534380 105288 100569 71291 103015 195754 238510 74182 81269 13433 23617 56967 56937 144582 161823 X 51172 76687 51172 76687 195754 238510 25515 0 X 1 X 1 X 1 0 X 45326 48010 49328 57569 82488 282721 24851 26954 28236 28639 29256 137936 70177 74964 77564 86208 111744 420657 0 0 0 420657 59 83 28 1106 2090 3366 59 83 28 1106 2090 3366 70236 75047 77592 87314 113834 424023 0.99210 0.99650 0.00790 0.00350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50800 50800 580309 530540 49769 3840 3840 0 100569 ESCROW DEPOSIT- TAXES AND INSURANCE 1262 RESERVE FOR REPLACEMENTS 74773 RESIDUAL RECEIPTS RESERVE 2060 DUE FROM AFFILIATE 24920 103015 DUE TO RELATED PARTY 56937 56937 X 163501888 163388054 163388054 113834 0 113834 162200088 162111769 162111769 88319 0 88319 PART X, LINE 2: U.S. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CORPORATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATES REMOVED FROM CONSOLIDATED TOTAL 163,388,054. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATES REMOVED FROM CONSOLIDATED TOTAL 162,111,769. 0 1 0 0 0 0 0 0 0 LOUIS JOSEPHSON PRESIDENT/CEO (THRU 06/2024) 0 386170 0 19250 0 3038 0 22500 0 24761 0 455719 0 0 KERRY J OLLEN ASST TREASURER/SVP/CFO (THRU 07/2023 0 233520 0 136 0 24997 0 0 0 13133 0 271786 0 0 JAMES LAPRADE FORMER SVP OPERATIONS 0 11812 0 0 0 183602 0 0 0 928 0 196342 0 0 MARCEL VERNON CFO & ASST. TREASURER (AS OF 07/2023 0 147298 0 100 0 550 0 0 0 13634 0 161582 0 0 PART I, LINE 3 ALL EMPLOYEES WERE COMPENSATED BY A RELATED ORGANIZATION WHILE THEY SERVED AS OFFICERS OF THE ORGANIZATION DURING THE FISCAL YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4B THE COMPENSATING ORGANIZATION HAS SPLIT DOLLAR LIFE POLICIES FOR CERTAIN EMPLOYEES. THE FOLLOWING EMPLOYEES LISTED ON SCHEDULE 990 PART VII SECTION A HAVE ADDITIONAL COMPENSATION INCLUDED IN THEIR W-2 WAGES FOR THE CALENDAR YEAR 2023 IN THE FOLLOWING AMOUNTS: KERRY J. OLLEN - $17,334 JAMES LAPRADE - $165,760 ($30,560 SPLIT DOLLAR POLICY, $135,200 ANNUITY CONTRACT TO SUPPLEMENT SPLIT DOLLAR POLICY) WILLIAM SPRAGUE - $84,351 FORM 990, PART VI, SECTION A, LINE 3 BAY COVE HUMAN SERVICES, INC PROVIDES MANAGEMENT SERVICES FOR THE ORGANIZATION AND IS REIMBURSED FOR COSTS RELATED TO SALARIES & WAGES, PAYROLL COSTS, INSURANCE AND MANAGEMENT FEES. THE CORPORATION INCURRED A MANAGEMENT FEE OF $5,234 FOR THE YEAR ENDED JUNE 30, 2024, DUE TO BAY COVE HUMAN SERVICES, INC. UNDER THE AGREEMENT, THE MANAGEMENT FEE IS EQUAL TO 5.33% OF RESIDENTIAL INCOME COLLECTED. THE AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION OR BAY COVE HUMAN SERVICES, INC. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE TREASURER AND BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A DISCLOSURE REQUIRED TO BE SUBMITTED ANNUALLY DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 9,914. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,914. BAY COVE HIGH SCHOOL 66 CANAL ST BOSTON MA 02114 042718729 INACTIVE CORPORATION MA 501(C)(3) LINE 7 BAY COVE HUMAN SERVICES INC 0 BAY COVE HUMAN SERVICES INC 66 CANAL ST BOSTON MA 02114 042518575 HUMAN SERVICES AGENCY MA 501(C)(3) LINE 7 N/A 0 BAY COVE HAMILTON GROUP HOME 66 CANAL ST BOSTON MA 02114 043211683 RESIDENTIAL RENTAL MA 501(C)(3) LINE 10 BAY COVE HUMAN SERVICES INC 0 JULIETTE CORPORATION 66 CANAL ST BOSTON MA 02114 042646806 RESIDENTIAL RENTAL MA 501(C)(2) BAY COVE HUMAN SERVICES INC 0 BAY COVE ORCHARDFIELD RESIDENCE INC 66 CANAL ST BOSTON MA 02114 043501357 RESIDENTIAL RENTAL MA 501(C)(3) LINE 7 BAY COVE HUMAN SERVICES INC 0 CASPAR INC 66 CANAL ST BOSTON MA 02114 237193288 HUMAN SERVICES AGENCY MA 501(C)(3) LINE 7 BAY COVE HUMAN SERVICES INC 0 BAY COVE WOODWARD PARK RESIDENCE INC 66 CANAL ST BOSTON MA 02114 043184824 RESIDENTIAL RENTAL MA 501(C)(3) LINE 10 BAY COVE HUMAN SERVICES INC 0 GROWTHWAYS INC 41 NORTH PEARL STREET BROCKTON MA 02301 042742635 HUMAN SERVICES AGENCY MA 501(C)(3) LINE 10 BAY COVE HUMAN SERVICES INC 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0