2026-05-13T01:52:09-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2024-07-01 042899819 ASCLEPIUS CORPORATION ASCL 5087715400 255 INDEPENDENCE DRIVE HYANNIS MA 02601 MARC HASLBECK CFO 5087715400 2026-05-12 1 1 JOLANTA TUCK P01340068 7813803520 2026-05-05 2024 2025-03-06 01:10:19Z ALISA MAGNOTTA 255 INDEPENDENCE DRIVE HYANNIS MA 02601 367841 0 X N/A X 1985 MA ORGANIZATION'S SOLE FUNCTION IS TO PROVIDE A RENTAL FACILITY TO EXEMPT ORGANIZATIONS. 5 2 0 3 0 0 0 0 347307 269686 37 28 0 98127 347344 367841 0 0 0 0 0 0 0 0 0 262100 301799 262100 301799 85244 66042 858929 199522 449948 4418 408981 195104 ORGANIZATION'S SOLE FUNCTION IS TO PROVIDE A RENTAL FACILITY TO EXEMPT ORGANIZATIONS. 0 0 266713 367813 ORGANIZATION'S SOLE FUNCTION IS TO PROVIDE A RENTAL FACILITY TO EXEMPT ORGANIZATIONS. 266713 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 MA X MARC HASLBECK 5087715400 255 INDEPENDENCE DRIVE HYANNIS MA 02601 ALEX RODOLAKIS DIRECTOR 1.00 1.00 X 0 0 0 ALISA MAGNOTTA PRESIDENT/DIRECTOR 1.00 35.00 X X 0 250624 33385 BEA FORREST DIRECTOR (OUTGOING) 1.00 0.00 X 0 0 0 BETTINA HOLTON DIRECTOR (OUTGOING) 1.00 0.00 X 0 0 0 CASSANDRA DANZL TREASURER/DIRECTOR (AS OF 12/24) 1.00 35.00 X X 0 155559 17939 CHRISTOPHER OLDI DIRECTOR (OUTGOING) 1.00 0.00 X 0 0 0 MICHAEL JONES DIRECTOR (OUTGOING) 1.00 0.00 X 0 0 0 MIKE LAUF DIRECTOR (OUTGOING) 1.00 0.00 X 0 0 0 PETER FREEMAN DIRECTOR 1.00 1.00 X 0 0 0 RAYMOND A YOX DIRECTOR (OUTGOING) 1.00 0.00 X 0 0 0 ROBERT L BRENNAN CLERK (AS OF 12/24) 1.00 35.00 X X 0 54346 226 STEPHEN FERRIS CFO (UNTIL 4/25) 1.00 35.00 X 0 175394 32281 JANE HAMMOND INTERIM CFO (AS OF 4/25) 1.00 35.00 X 0 119047 16946 0 754970 100777 0 0 1 0 0 RENTAL - OTHER NPOS 531110 269686 269686 269686 28 28 98127 98127 98127 367841 367813 0 28 18500 18500 15 15 8685 8685 7886 7886 23837 23837 108842 108842 39062 39062 BUY OUT EXPENSES 94972 94972 301799 266713 35086 0 456449 108126 96403 1396 1396 2600000 2510000 304681 90000 858929 199522 22062 4418 4589 423297 449948 4418 X 408981 195104 408981 195104 858929 199522 66042 -279919 0 X 0 1 X 0 0 X X 3 HOUSING ASSISTANCE CORPORATION 237431255 7 1 0 0 SOUTH COASTAL LEGAL SERVICES 042607691 7 1 0 0 CAPE COD HEALTH CARE 042323506 10 1 0 0 3 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN VI HOUSING ASSISTANCE CORPORATION RENTS OFFICE SPACE FROM THE ORGANIZATION. PART IV, SECTION A, LINE 5A CAPE COD HEALTH CARE (04-2323506) AND SOUTH COASTAL LEGAL SERVICES (04-2607691) ARE NO LONGER SUPPORTED ORGANIZATIONS OF ASCLEPIUS CORPORATION. HOUSING ASSISTANCE CORPORATION ACQUIRED FULL CONTROL OVER ASCLEPIUS BY PAYING CAPE COD HEALTH CARE AND SOUTH COASTAL LEGAL SERVICES IN ORDER TO OBTAIN FULL CONTROL OF THE BOARD OF ASCLEPIUS CORPORATION. 115000 115000 1427703 1618895 -191192 1001581 843197 158384 55716 47908 7808 90000 X PART X, LINE 2: HAC AND ASCLEPIUS QUALIFY AS ORGANIZATIONS FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE IRC AND, THEREFORE, ARE NOT SUBJECT TO INCOME TAX. HAC AND ASCLEPIUS ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(1) OF THE IRC. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO HAC AND ASCLEPIUS' TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED JUNE 30, 2025, THERE WAS NO LIABILITY FOR TAX ON UNRELATED BUSINESS INCOME. 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. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, THE COMPANY'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION, FISCAL YEARS SINCE 2022 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 ALISA MAGNOTTA PRESIDENT/DIRECTOR 0 238811 0 11813 0 0 0 3045 0 30340 0 284009 0 0 STEPHEN FERRIS CFO (UNTIL 4/25) 0 166994 0 8400 0 0 0 5089 0 27192 0 207675 0 0 CASSANDRA DANZL TREASURER/DIRECTOR (AS OF 12/24) 0 148209 0 7350 0 0 0 4890 0 13049 0 173498 0 0 PART I, LINE 3: EMPLOYEES WERE COMPENSATED BY A RELATED ORGANIZATION WHILE THEY SERVED AS OFFICERS OF THE ORGANIZATION DURING THE CALENDAR YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES TO THE PARENT ENTITY, HOUSING ASSISTANCE CORPORATION (HAC). HAC PROVIDES ADMINISTRATIVE AND OPERATIONAL MANAGEMENT SERVICES UNDER THE OVERSIGHT OF THE ORGANIZATION'S BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY HOUSING ASSISTANCE CORP'S FISCAL OFFICER BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, FORM 990, 1023, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. HOUSING ASSISTANCE CORPORATION 255 INDEPENDENCE DRIVE HYANNIS MA 02601 237431255 LOW INCOME AFFORDABLE HOUSING MA 501(C)(3) LINE 7 N/A 0 WEST BARNSTABLE COMMUNITIES LP 255 INDEPENDENCE DRIVE HYANNIS MA 02601 261379712 LOW INCOME HOUSING RENTALS MA N/A 0 0 POCASSET ASSISTED LIVING 255 INDEPENDENCE DRIVE HYANNIS MA 02601 000845024 LOW INCOME HOUSING RENTALS MA N/A C 0 WEST BARNSTABLE COMMUNITIES - HAC LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 208312978 AFFORDABLE HOUSING SPONSOR MA N/A C 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0