2025-05-14T10:37:28-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-07-01 043379905 MASSDEVELOPMENT HEFA TRUST MASS 6173302000 99 HIGH STREET 11TH FLOOR BOSTON MA 02110 SEAN CALNAN TRUSTEE 6173302000 2025-05-12 1 1 DANIELLE NIHILL P01350943 7819821001 2025-05-12 2023 2025-03-06 01:10:19Z SEAN CALNAN 99 HIGH STREET 11TH FLOOR BOSTON MA 02110 968544 0 X HTTPS://WWW.MASSDEVELOPMENT.COM/ X 1997 MA THE TRUST MAY PROVIDE FUNDS FOR THE BENEFIT OF MASSDEVELOPMENT FINANCE AGENCY 2 1 0 3 0 0 0 0 0 0 74249 509394 0 747 74249 510141 150786 349214 0 0 0 0 0 0 0 96669 97191 247455 446405 -173206 63736 9317179 10059179 22594 9912 9294585 10049267 X THE TRUST MAY PROVIDE FUNDS (I) FOR THE BENEFIT OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MASSDEVELOPMENT), A QUASIPUBLIC ENTITY, TO REDUCE CHARGES THAT IT OTHERWISE WOULD IMPOSE ON CERTAIN INSTITUTIONS USING ITS SERVICES AND (II) FOR THE (SEE SCHEDULE O) BENEFIT OF CERTAIN CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT THE FORMER MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY, PRIOR TO ITS MERGER BY LAW INTO MASSDEVELOPMENT, WAS AUTHORIZED BY STATUTE TO ASSIST. 0 0 349214 349214 510141 FUNDED HEALTHCARE INITIATIVES FOR VARIOUS HEALTHCARE ENTITIES TO HELP THEM BETTER SERVE THEIR COMMUNITIES. 349214 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X MASSDEVELOPMENT FINANCE AGENCY 6173302000 99 HIGH STREET BOSTON MA 02110 BRIAN KAVOOGIAN TRUSTEE 1.00 36.50 X 0 0 0 SEAN CALNAN DIRECTOR/CLERK 1.00 36.50 X 0 190618 59547 SIMON GERLIN EVP FINANCE/CFO 1.00 36.50 X 0 232837 65473 DANIEL RIVERA PRESIDENT/CEO 1.00 36.50 X 0 227407 48258 CYNTHIA TONUCCI INTERIM EVP FINANCE PROGRAMS 1.00 36.50 X 0 226929 48775 0 877791 222053 0 0 1 0 0 273132 273132 694665 458403 236262 236262 236262 REIMBURSEMENT REVENUE 900099 747 747 0 747 510141 510141 0 0 349214 349214 53578 53578 4989 4989 38624 38624 446405 349214 97191 0 449464 100250 10985 11586 8856730 9947343 9317179 10059179 4032 4335 18562 5577 22594 9912 X 9294585 10049267 9294585 10049267 9317179 10059179 63736 690946 0 X 0 1 X 1 0 X X 1 MASSDEVELOPMENT FINANCE AGENCY 043431814 6 1 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, LINE 2 MASSDEVELOPMENT/HEFA TRUST SUPPORTS MASSACHUSETTS DEVELOPMENT FINANCE AGENCY WHICH IS A STATE GOVERNMENTAL UNIT AND DOES NOT RECEIVE AN IRS DETERMINATION LETTER. PART IV, LINE 6 DURING THE YEAR, A TOTAL OF 7 GRANTS TOTALING $349,214 WERE AWARDED THROUGH THE COMMUNITY HEALTH CENTER GRANT PROGRAM. THE PROGRAM PROVIDES GRANTS OF UP TO $50,000 TO COMMUNITY HEALTH CENTERS FOR INFRASTRUCTURE PROJECTS, WHICH INCLUDE CONSTRUCTION, RENOVATION, EQUIPMENT , FURNITURE, AND TECHNOLOGY RELATED PROJECTS. THIS ORGANIZATION MAY PROVIDE THESE FUNDS (I) FOR THE BENEFIT OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MASSDEVELOPMENT), A QUASI PUBLIC ENTITY, TO REDUCE CHARGES THAT IT OTHERWISE WOULD IMPOSE ON CERTAIN INSTITUTIONS USING ITS SERVICES AND (II) FOR THE BENEFIT OF CERTAIN CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES THAT THE FORMER MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY, PRIOR TO ITS MERGER BY LAW INTO MASSDEVELOPMENT, WAS AUTHORIZED BY STATUTE TO ASSIST. 0 DUE TOP MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 5577 5577 1 DUFFY HEALTH CENTER INC 94 MAIN STREET HYANNIS MA 02601 042525066 501(C)(3) 50000 0 INSTALLATION OF A PATIENT BATHROOM MONITORING SYSTEM (LINKED TO AN ALARM SYSTEM) THAT ALERTS STAFF IF BATHROOM OCCUPANTS ARE MOTIONLESS. COMMUNITY HEALTHLINK INC 68 JAQUES AVE WORCESTER MA 01610 043373741 501(C)(3) 50000 0 RENOVATION INCLUDES NEW FLOORS, FRYER, ELECTRICAL UPGRADE, DELIVERY DOOR, FOOD STORAGE RACKS, AND OTHER FOOD PREP ITEMS. HOLYOKE HEALTH CENTER INC 230 MAPLE STREET HOLYOKE MA 01040 042626179 501(C)(3) 50000 0 FUNDS ARE REQUESTED FOR A FACILITY UPGRADE TO THE MAIN BUILDING OF THE HOLYOKE HEALTH CENTER (HHC) CAMPUS. GREATER LAWRENCE FAMILY HEALTH CTR 1 GRIFFIN BROOK DRIVE METHUEN MA 01844 042492730 501(C)(3) 50000 0 PURCHASE OF A NEW, 2-EXAM ROOM, MOBILE HEALTH UNIT (MHU). LOWELL COMMUNITY HEALTH CTR 161 JACKSON STREET LOWELL MA 01852 042708824 501(C)(3) 50000 0 PURCHASE OF FURNITURE FOR NEW SCHOOL-BASED HEALTH CENTER FACILITIES AT LOWELL HIGH SCHOOL AS PART OF THE COMPLETE RENOVATION OF THE HIGH SCHOOL CAMPUS SITE. BROCKTON NEIGHBORHOOD HEALTH CTR 63 MAIN STREET BROCKTON MA 02301 042881348 501(C)(3) 49878 0 EQUIPMENT AND FURNITURE FOR 17 NEW EXAM ROOMS, INCLUDING 16 EXAMINATION TABLES, 1 EXAM TABLE WITH A POWER BASE, DOCTOR STOOLS, 12 INTEGRATED WALL DIAGNOSTIC SYSTEMS, AND EXAM TABLE COVERINGS. LYNN COMMUNITY HEALTH CENTER 269 UNION STREET LYNN MA 01901 043165044 501(C)(3) 49336 0 AV TECHNOLOGY PROJECT. 7 0 PART I, LINE 2: THE MASSDEVELOPMENT COMMUNITY DEVELOPMENT DEPARTMENT IS RESPONSIBLE FOR THE MANAGEMENT OF THE GRANT PROCESS; THIS INCLUDES THE RECORD OF THE APPLICATION PROCESS AND OTHER GRANT DATA. THE INFORMATION RELATED TO DISBURSEMENTS, REPAYMENTS (WHERE APPLICABLE), AND GRANT FUND BALANCES IS TRACKED IN THE LOAN AND ACCOUNTING INFORMATION SYSTEMS. 1 0 0 0 0 0 0 0 0 SIMON GERLIN EVP FINANCE/CFO 0 232837 0 0 0 0 0 52628 0 12845 0 298310 0 0 CYNTHIA TONUCCI INTERIM EVP FINANCE PROGRAMS 0 226929 0 0 0 0 0 39183 0 9592 0 275704 0 0 DANIEL RIVERA PRESIDENT/CEO 0 227407 0 0 0 0 0 41718 0 6540 0 275665 0 0 SEAN CALNAN DIRECTOR/CLERK 0 190618 0 0 0 0 0 48714 0 10833 0 250165 0 0 PART I, LINE 4A RICKS FRAZIER DEPARTED THE BOD AND MDFA, HE WAS PAID OUT FOR HIS VACATION UPON EXIT, IN THE AMOUNT OF $32,133.11. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUB-COMMITTEES OUTSIDE OF THE GOVERNING BOARD; THEREFORE, THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCIAL CONTROLLER AND/OR CFO, AND THE BOARD OF DIRECTORS, BEFORE THE CFO'S SIGN OFF FOR FILING. FORM 990, PART VI, SECTION B, LINE 12 THE TRUSTEES HELD POSITIONS AS OFFICERS AND DIRECTORS OF MASSACHUSETTS DEVELOPMENT FINANCE AGENCY AND THEREFORE WERE SUBJECT TO THE MASSACHUSETTS CONFLICT OF INTEREST LAWS REQUIRING DISCLOSURE OF ANY PERSONAL, IMMEDIATE FAMILY, OR BUSINESS CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION AND BENEFITS IN PART VII ARE DETERMINED BY MASSACHUSETTS DEVELOPMENT FINANCE AGENCY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 CERTAIN DOCUMENTS OF THE TRUST ARE AVAILABLE AT THE OFFICES OF THE TRUST AND AT THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL FOR REVIEW BY MEMBERS OF THE PUBLIC. THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(0). THE ORGANIZATION'S FORM 990 IS AVAILABLE VIA GUIDESTAR WEBSITE. MASSDEVELOPMENT FINANCE AGENCY 99 HIGH STREET BOSTON MA 02110 043431814 ECONOMIC GROWTH AND DEVELOPMENT MA 115 N/A 0 CIVIC INVESTMENTS INC 99 HIGH STREET BOSTON MA 02110 043166416 CONDUIT FUND MA 501(C)(3) LINE 12A, I MASSDEVELOPMENT FINANCE AGENCY 0 MASSCARE CAPITAL INC 99 HIGH STREET BOSTON MA 02110 222975198 FOUNDATION SUPPORT MASSDEVELOPMENT AND OTHER 501.C.3.S MA 501(C)(3) MASSDEVELOPMENT FINANCE AGENCY 0 TAUNTON DEVELOPMENTMASSDEVELOPMENT CORP 99 HIGH STREET BOSTON MA 02110 453951613 PROMOTE ECONOMIC DEVELOPMENT MA 501(C)(3) LINE 10 MASSDEVELOPMENT FINANCE AGENCY 0 HOSPITAL HILL DEVELOPMENT LLC 99 HIGH STREET BOSTON MA 02110 043724531 REDEVLOPMENT STATE HOSPITAL MA N/A INVESTMENT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 MASSDEVELOPMENT FINANCE AGENCY O 53578 TIME ALLOCAITON