2024-02-13T22:58:52-06:00 2022-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-01-01 474230197 GERRISH TND INC GERR 6178891375 4 GERRISH AVENUE CHELSEA MA 02150 RAFAEL MARES EXECUTIVE DIRECTOR 6178891375 2024-02-13 1 RAFAEL MARES 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALICE MURILLO 4 GERRISH AVENUE CHELSEA MA 02150 399207 0 X N/A X 2015 MA MAINTAINING AND LEASING A BUILDING CONSISTING OF 23,000 SQUARE FEET OF COMMERCIAL SPACE LOCATED IN CHELSEA, MASSACHUSETTS 14 14 0 0 0 0 0 0 313990 399141 240 66 0 0 314230 399207 0 0 0 0 0 0 0 0 0 349201 330127 349201 330127 -34971 69080 2827715 2758050 2707919 2569174 119796 188876 MAINTAINING AND LEASING A BUILDING CONSISTING OF 23,000 SQUARE FEET OF COMMERCIAL SPACE LOCATED IN CHELSEA, MASSACHUSETTS AS A STRATEGY FOR ENCOURAGEMENT OF NEIGHBORHOOD REHABILITATION AND REVITALIZATION WITHIN THE DESIGNATED PROGRAM NEIGHBORHOODS. 0 0 330127 399141 IN ADDITION TO PROVIDING PROGRAM, HOUSING ADMINISTRATION AND MAINTENANCE FUNCTIONS, AND ADMINISTRATIVE SPACE TO THE NEIGHBORHOOD DEVELOPERS, LEASES WERE ALSO MAINTAINED WITH THE CHELSEA SCHOOL DEPARTMENT FOR HOUSING OF THEIR MAINTENANCE STAFF, AND THE FAMILY DOLLAR STORE, A LOW COST RETAIL OPERATION WHICH SEES SIGNIFICANT FOOT TRAFFIC FROM LOCAL NEIGHBORHOODS. 330127 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 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 14 14 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X WILLIAM MORRISON 6178891375 4 GERRISH AVENUE CHELSEA MA 02150 X ALICE MURILLO PRESIDENT 1.00 1.00 X X 0 0 0 PETER HOLLANDS VICE PRESIDENT 1.00 1.00 X X 0 0 0 KRISTEN JANJAR SECRETARY 1.00 1.00 X X 0 0 0 CHARLENE BAUER TREASURER 1.00 1.00 X X 0 0 0 LESLIE ADRICH DIRECTOR 1.00 1.00 X 0 0 0 DAKEYA CHRISTMAS DIRECTOR 1.00 1.00 X 0 0 0 MIRNA DIAZ DIRECTOR 1.00 1.00 X 0 0 0 FAYE DOOKHARAN DIRECTOR 1.00 1.00 X 0 0 0 KAVISH GANDHI DIRECTOR 1.00 1.00 X 0 0 0 MINA JLIL DIRECTOR 1.00 1.00 X 0 0 0 SANDY MAYNARD DIRECTOR 1.00 1.00 X 0 0 0 GUADALUPE PANAMENO DIRECTOR 1.00 1.00 X 0 0 0 CHRISTINE TORRES DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM H WILLIS DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 399141 399141 399141 66 66 399207 399141 0 66 2625 2625 13290 13290 211643 211643 4092 4092 76595 76595 16726 16726 BAD DEBT EXPENSE 4014 4014 1142 1142 330127 330127 0 0 182061 326357 98950 0 90932 53047 4815 4284 2943408 569046 2450957 2374362 2827715 2758050 202121 120020 2313176 2256407 192622 192747 2707919 2569174 X 119796 188876 119796 188876 2827715 2758050 69080 0 X 0 1 X 1 0 X X 1 THE NEIGHBORHOOD DEVELOPERS INC 042660283 7 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 576659 576659 2366749 569046 1797703 2374362 DUE TO AFFILIATES 192747 192747 X PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE AGENCY AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2022, 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 AGENCY'S INFORMATION OR TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INFORMATION OR TAX RETURNS ARE CURRENTLY BEING EXAMINED, TAX YEARS SINCE 2019 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 OPPORTUNITY COMMUNITIES LLC PROVIDES MANAGEMENT SERVICES TO THE AGENCY. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS AND PROVIDES A DRAFT OF THE TAX RETURN TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE AUDITOR AND CONSIDERED FOR COMPLIANCE WITH RELEVANT TAX LAWS PRIOR TO BEING APPLIED AND THE TAX RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD EACH YEAR AND THE BOARD SIGNS OFF. ANY NEW CONTRACTS ARE REVIEWED WITH THE CONFLICT OF INTEREST POLICY IN MIND. IF ANY POTENTIAL CONFLICT ARIES IT IS REPROTED TO THE BOARD FOR DISCUSSION AND REVIEW. IN ORDER TO AVOID THE REVIEW PROCESS, ANY POTENTIAL CONTRACTS THAT MAY PRESENT THIS PROBLEM ARE TYPICALLY NOT SERIOUSLY CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 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