2025-05-15T07:25:42-05:00 2024-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2023-07-01 311740060 FORT HILL AVENUE INC FORT 6174411800 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 JEAN YANG DIRECTOR, PRESIDENT 6174411800 2025-05-14 1 0 LYNNE JOHNSON P00757336 6179129000 2025-05-06 2023 2025-03-06 01:10:19Z JEAN YANG 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 133700 0 X WWW.VINFEN.ORG X 2000 MA TO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME. 4 2 0 2 0 0 0 0 145079 133320 156 380 0 0 145235 133700 0 0 0 0 0 0 0 0 0 73555 92042 73555 92042 71680 41658 892876 952712 508625 526803 384251 425909 TO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME. 0 0 61713 133320 TO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME. 61713 1 0 0 0 0 0 0 0 1 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 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X ANNETTE KOVAMEES 6174411800 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 PHILIP A MASON DIRECTOR 0.10 2.50 X 0 0 0 PAUL ZINTL DIRECTOR 0.10 1.90 X 0 0 0 JEAN YANG DIRECTOR, PRESIDENT 0.50 39.50 X X 0 578761 11279 ANNETTE KOVAMEES DIR. TREAS. & CLERK (AS OF 09/21/23) 0.50 39.50 X X 0 290085 36936 RICHARD F SULLIVAN FORMER TREASURER & CLERK 0.00 0.00 X 0 123033 8097 0 991879 56312 0 1 1 0 0 TENANT ASSISTANCE PAYM 531110 96599 96599 RENT REVENUE 531110 36721 36721 133320 380 380 133700 133320 0 380 11332 11332 41 41 18956 18956 1382 1382 25393 25393 12535 12535 1910 1910 REPAIRS & MAINTENANCE 20493 20493 92042 61713 30329 0 348360 334945 115 115 429309 76317 347304 352992 197097 264660 892876 952712 3267 3974 1022 1073 200376 200376 303960 321380 508625 526803 X 384251 425909 384251 425909 892876 952712 41658 0 X 0 1 X 1 1 1 X 132948 135128 133320 145079 133320 679795 132948 135128 133320 145079 133320 679795 0 0 0 679795 4 9 13 156 380 562 4 9 13 156 380 562 132952 135137 133333 145235 133700 680357 0.99920 0.99970 0.00080 0.00030 X 0 1 X 92000 92000 323809 76317 247492 13500 13500 352992 ASSETS WHOSE USE IS LIMITED 264660 264660 DUE TO AFFILIATE 321380 321380 X 133700 0 133700 0 133700 92042 0 92042 0 92042 PART IV, LINE 2B: TENANT SECURITY DEPOSITS TOTALING $1,073 WERE HELD IN ESCROW ACCOUNTS. PART X, LINE 2: FORT HILL AVENUE, INC. ("FORT HILL") IS QUALIFIED UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. FORT HILL IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. FORT HILL FOLLOWS THE FASB GUIDANCE, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT FORT HILL HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, FORT HILL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE DATE FILED. FORT HILL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF OPERATING EXPENSES. PART X, LINE 1: DUE TO AFFILIATE - FORT HILL OWES $321,380 TO VINFEN CORPORATION. THIS ADVANCE BEARS NO INTEREST AND HAS NO FIXED PAYMENT TERMS. MANAGEMENT DOES NOT ANTICIPATE ANY PAYMENTS DURING THE SUCCEEDING FIVE YEARS. 1 0 0 0 0 0 0 0 0 JEAN YANG DIRECTOR, PRESIDENT 0 575695 0 0 0 3066 0 0 0 11279 0 590040 0 0 ANNETTE KOVAMEES DIR. TREAS. & CLERK (AS OF 09/21/23) 0 287561 0 0 0 2524 0 0 0 36936 0 327021 0 0 RICHARD F SULLIVAN FORMER TREASURER & CLERK 0 72916 0 0 0 50117 0 7351 0 746 0 131130 0 0 PART I, LINE 3 THE OFFICERS ARE COMPENSATED BY VINFEN CORPORATION, A CONTROLLING ORGANIZATION. THE BOARD OF DIRECTORS OF VINFEN CORPORATION AND AFFILIATES PERIODICALLY ENGAGES THE SERVICES OF AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO CORPORATE OFFICERS. THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABLE COMPENSATION DATA TO DETERMINE THE COMPENSATION FOR THE OFFICERS PERIODICALLY WITH CONTEMPORANEOUS DOCUMENTATION. RECORDKEEPING OF ALL COMPENSATION DECISIONS EXIST, IN THE FORM OF PERSONNEL ACTION FORMS FOR EVERY COMPENSATION ACTION AFFECTING POSITIONS AT VINFEN CORPORATION. PART I, LINE 4A RICHARD SULLIVAN, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $49,167 WHICH IS REPORTED IN PART II, COLUMN (B)(III). FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS VINFEN CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, VINFEN CORPORATION, HAS THE POWER TO APPOINT AND/OR REMOVE THE BOARD MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY VINFEN FINANCE STAFF AND REVIEWED BY ITS CONTROLLER AND CHIEF FINANCIAL OFFICER. ALL DIRECTORS ARE PROVIDED A COPY AND GIVEN AN OPPORTUNITY TO RESPOND PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C VINFEN CORPORATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND DISCLOSURE ANNUALLY OR BI-ANNUALLY TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE RESPONSES FOR POTENTIAL CONFLICTS. THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS OF VINFEN CORPORATION AND ITS AFFILIATED ENTITIES, AS WELL AS THE SENIOR MANAGEMENT (THE INTERDEPARTMENTAL COUNCIL OR "IDC") AT VINFEN CORPORATION AND AFFILIATES. THE GENERAL COUNSEL REVIEWS THE DISCLOSURE FORMS TO DETERMINE WHICH DIRECTORS OR IDC MEMBERS HAVE DISCLOSED A POTENTIAL CONFLICT. FOR POTENTIAL BOARD CONFLICTS, THE CHAIRPERSON OF THE BOARD OF DIRECTORS APPOINTS A COMMITTEE OF DIRECTORS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND/OR PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE FULL BOARD, WHICH IS VOTED ON ONLY BY THOSE DIRECTORS WITH NO REPORTABLE TRANSACTIONS. FOR POTENTIAL CONFLICTS BY IDC MEMBERS, THE CEO APPOINTS A COMMITTEE OF IDC MEMBERS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE EXECUTIVE TEAM, WHICH IS VOTED ON ONLY BY THOSE EXECUTIVE TEAM MEMBERS WITH NO REPORTABLE TRANSACTIONS. FORM 990, PART VI, SECTION C, LINE 19 VINFEN CORPORATION AND AFFILIATES MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, BY PAPER OR E-MAIL, FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID, FORMERLY KNOWN AS GUIDESTAR, AND THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. VINFEN CORPORATION OF CONNECTICUT INC 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 061569439 HUMAN SERVICES CT 501(C)(3) LINE 10 VINFEN CORPORATION 0 VINFEN CORPORATION OF LARCHMONT INC 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 043546321 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 VINFEN CORPORATION 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 042632219 HUMAN SERVICES MA 501(C)(3) LINE 10 N/A 0 VINFEN CORPORATION OF PLAIN INC 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 300162655 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 VINFEN CORPORATION OF FOREST INC 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 300162656 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 MERRIMACK HOUSING CORPORATION 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 223215740 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 GARDEN STREET APARTMENTS INC 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 043233283 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 WESTLAND COMMUNITY HOUSING CORPORATION 951 CAMBRIDGE STREET CAMBRIDGE MA 02141 311758843 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 APPLETON HOUSING CORPORATION 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 043259610 LOW INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 1 0 1 1