2024-04-08T15:14:01-05:00 2023-06-30 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 302 WESTBOROUGH MA 01581 990 2022-07-01 043458096 HARBORCOV INC HARB 6178849799 PO BOX 505754 CHELSEA MA 02150 JOE VINARD TREASURER 6178849799 2024-04-08 1 JOE VINARD 999009999 0 SANDRA M BROWN CPA P01614103 5088717178 2024-04-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KOUROU PICH PO BOX 505754 CHELSEA MA 02150 3596123 0 X WWW.HARBORCOV.ORG X 1998 MA PROVIDE EMERGENCY AND COMMUNITY BASED SERVICES TO DOMESTIC VIOLENCE SURVIVORS. 6 6 31 7 0 0 3169189 3498495 11031 14662 26258 27505 30411 55461 3236889 3596123 586690 298598 0 0 1649234 1777304 13500 4000 32708 640588 734140 2890012 2814042 346877 782081 4391367 5135957 2286086 2248595 2105281 2887362 X HARBORCOV PROVIDES LINGUISTICALLY AND CULTURALLY APPROPRIATE, HIGH-QUALITY EMERGENCY AND SUPPORT SERVICES TO, SAFE AFFORDABLE TRANSITIONAL AND PERMANENT LOW-INCOME HOUSING FOR, AND ADVOCATES ON BEHALF OF, VICTIMS AND SURVIVORS OF DOMESTIC VIOLENCE, WHILE WORKING TO EDUCATE THE PUBLIC ABOUT ITS CAUSES AND CONSEQUENCES. 0 0 2647426 298598 54403 DOMESTIC VIOLENCE PROGRAMS: INCLUDES 24 HOUR HOTLINE; EMERGENCY TRANSITIONAL HOUSING, CHILDREN'S SERVICES, LEGAL ADVOCACY; ECONOMIC EMPOWERMENT PROGRAMS; INDIVIDUAL ADVOCACY AND SUPPORT GROUPS; COMMUNITY OUTREACH AND EDUCATION; SUPPORTIVE HOUSING SERVICES.EACH YEAR, HARBORCOV ESTIMATES THAT IT REACHES NEARLY 3,600 VICTIMS AND SURVIVORS OF DOMESTIC VIOLENCE IN THE MASSACHUSETTS HARBOR COMMUNITIES OF CHELSEA, EAST BOSTON, WINTHROP, REVERE AND CHARLESTOWN, TARGETING SURVIVORS WHO ARE: PRIMARILY ENGLISH OR SPANISH SPEAKING; LOW-INCOME; LIVING IN OUR COMMUNITIES; AND WHO FACE ADDITIONAL BARRIERS - SUCH AS DISABILITY, IMMIGRATION STATUS AND HOMELESSNESS - TO ACCESSING RESOURCES AND ACHIEVING GOOD LIFE PROSPECTS. 2647426 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 30 0 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X CLAUDIA CARIAS 6178849799 PO BOX 505754 CHELSEA MA 02150 JANICE TATARKA JD PRESIDENT 1.50 X X 0 0 0 THOMAS FORTIER CLERK 1.50 X X 0 0 0 ANNETTE JEROME DIRECTOR 1.50 X 0 0 0 JOE VINARD TREASURER 1.50 X X 0 0 0 SHEILA ARSENAULT RN VICE PRESIDENT 1.50 X X 0 0 0 JUDITH A GARCIA DIRECTOR 1.50 X 0 0 0 KOUROU PICH EXECUTIVE DIRECTOR 35.00 X 129546 0 34252 CLAUDIA CARIAS CHIEF FINANCIAL OFFICER 35.00 X 90174 0 666 219720 0 34918 1 0 1 0 0 3303480 195015 4082 3498495 RENTAL INCOME 900099 14662 14662 14662 27505 27505 MISCELLANEOUS 900099 39741 39741 PROPERTY MANAGEMENT FE 531390 15720 15720 55461 3596123 70123 0 27505 298598 298598 272728 248848 20488 3392 1055902 1038378 17524 310738 303367 2649 4722 137936 133832 1947 2157 21602 21602 44158 44158 4000 4000 269881 260789 9092 8670 8670 95412 77398 17357 657 109697 108540 926 231 2678 2016 637 25 15937 15864 73 71481 69101 2380 26469 22981 3488 PROGRAM PARTICIPANT EXP 28811 28811 PROGRAM SUPPLIES AND AC 28196 28196 MISCELLANEOUS 7797 368 7429 SUBSIDIARY ADMINISTRATI 1682 1682 1669 1669 2814042 2647426 133908 32708 913213 788380 373955 374067 463688 1030362 1072889 936541 17762 5560 2907651 975614 1549860 1932037 69010 0 0 4391367 5135957 216717 255647 1929021 1942568 140348 50380 2286086 2248595 X 1727770 2544809 377511 342553 2105281 2887362 4391367 5135957 782081 0 X 0 1 X 1 1 1 X 1967308 2374214 2833064 3169189 3498495 13842270 1967308 2374214 2833064 3169189 3498495 13842270 13842270 23026 24045 25021 26258 27505 125855 16744 15120 21835 30411 55461 139571 14107696 96572 0.98120 0.98230 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 3,485. 2019 AMOUNT: $ 1,522. 2020 AMOUNT: $ 8,022. 2021 AMOUNT: $ 15,584. 2022 AMOUNT: $ 39,741. PROPERTY DEVELOPMENT FEES - 2018 AMOUNT: $ 13,259. 2019 AMOUNT: $ 13,598. 2020 AMOUNT: $ 13,813. 2021 AMOUNT: $ 14,827. 2022 AMOUNT: $ 15,720. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 163500 163500 636500 290773 345727 2094387 673948 1420439 13264 10893 2371 1932037 CONDITIONAL GRANT ADVANCE 46879 TENANT SECURITY DEPOSITS HELD 3501 50380 X PART X, LINE 2: TAX POSITION: THE ORGANIZATIONS CURRENTLY EVALUATE ALL TAX POSITIONS, AND MAKE A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY HARBORCOV ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. A BETTER PLACE, LLC, A SOLE MEMBER LLC, IS TREATED AS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES. INCOME OR LOSS IS REPORTED DIRECTLY ON HARBORCOV'S INFORMATION FILINGS. THE LIMITED PARTNERSHIP FILES A U.S. RETURN OF PARTNERSHIP INCOME, WHICH INDICATES THE SHARE OF ITEMS TO BE REPORTED ON EACH MEMBER'S INCOME TAX RETURN. AS A RESULT, NO PROVISION FOR INCOME TAXES IS REQUIRED ON THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. HCI-CHI, INC. IS LIABLE FOR MINIMUM STATE TAXES NOT BASED ON INCOME. FOR THE YEARS PRESENTED, THE ORGANIZATIONS HAVE NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THESE EVALUATIONS. 1 EMERGENCY FOOD, MEALS, TRAVEL AND BASIC NEEDS 175 44293 GIFT CARDS FOR FOOD AND AMOUNTS PAID TO THIRD PARTIES FOOD, TRANSPORTATION, AND UTILITIES LEGAL ASSISTANCE - IMMIGRATION FEES & COSTS 53 78352 AMOUNTS PAID TO THIRD PARTIES LEGAL FEES AND FILING FEES EMERGENCY HOTEL STAYS 24 128822 AMOUNTS PAID TO THIRD PARTIES EMERGENCY HOUSING RENTAL AND RELOCATION ASSISTANCE 28 47131 AMOUNTS PAID TO THIRD PARTIES RENTAL AND RELOCATION ASSISTANCE PART I, LINE 2: SCHEDULE I, PART I, LINE 2: HOUSING STABILIZATION - WE SUPPORT CLIENT HOUSING STABILIZATION COSTS ASSOCIATED WITH RETAINING OR ATTAINING STABLE HOUSING INCLUDING FIRST MONTH, LAST MONTH OR SECURITY DEPOSIT AND UTILITY ARREARAGE. CLIENTS ARE REQUIRED TO COMPLETE A BUDGETING PROCESS TO ENSURE THAT THIS TYPE OF ASSISTANCE WILL ENSURE STABILIZATION. GENERALLY, ASSISTANCE IS LIMITED TO ONE-TIME ONLY PER FUNDING SOURCE, DEPENDING UPON FUNDING AND SPECIFIC FUNDER REQUIREMENTS. REQUESTS FOR ASSISTANCE ARE MADE THROUGH A PROCESS WITH A CASE MANAGER, REVIEWED BY THE DIRECTOR OF PROGRAM AND SERVICES AND APPROVED BY THE EXECUTIVE DIRECTOR. PAYMENTS ARE MADE DIRECTLY TO THE LANDLORD OR VENDOR ON BEHALF OF THE PARTICIPANT. LEGAL ASSISTANCE - IMMIGRATION FEES & COSTS - WE SUPPORT CLIENTS WITH FILING FEES AND COSTS ASSOCIATED WITH IMMIGRATION AND DOCUMENTATION ASSOCIATED WITH RETAINING OR ATTAINING STABILITY. GENERALLY, ASSISTANCE IS LIMITED TO ONE-TIME ONLY PER FUNDING SOURCE, DEPENDING UPON FUNDING AND SPECIFIC FUNDER REQUIREMENTS. REQUESTS FOR ASSISTANCE ARE MADE THROUGH A PROCESS WITH THE IN HOUSE IMMIGRATION ATTORNEY, THEN REVIEWED BY THE DIRECTOR OF PROGRAMS AND APPROVED BY THE EXECUTIVE DIRECTOR. PAYMENTS ARE MADE DIRECTLY TO THE VENDOR ON BEHALF OF THE PARTICIPANT. IN LIGHT OF THE ONGOING FINANCIAL REPERCUSSIONS OF THE PANDEMIC, FINANCIAL BARRIERS HAVE CONTINUED TO AFFECT OUR CLIENTS MAKING THE NEED FOR ESSENTIAL SERVICES EVEN MORE CRITICAL AT THIS TIME. DUE TO THE COST INCREASE MANY HARBORCOV CLIENTS CONTINUE TO HAVE DIFFICULTIES ON PAYING RENT AND UTILITIES, PUTTING THEM AND THEIR CHILDREN AT HIGH RISK FOR EXPERIENCING HOUSING INSTABILITY AND EVEN HOMELESSNESS. X 0 0 0 0 0 0 0 0 0 KOUROU PICH EXECUTIVE DIRECTOR 129546 0 0 0 0 0 0 0 34252 0 163798 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWED A DRAFT FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD HAS INSTITUTED A WRITTEN CONFLICT OF INTEREST POLICY WHICH REQUIRES A PERIODIC DECLARATION OF COMPLIANCE. CONDUCT IS ADDRESSED IN THE EMPLOYEE HANDBOOK, AND THE ORGANIZATION'S CONFIDENTIALITY POLICY REQUIRES A PERIODIC DECLARATION OF COMPLIANCE AS WELL. EVERY EMPLOYEE, VOLUNTEER, AND BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY. ONGOING ADHERENCE TO THE POLICY IS MONITORED. FORM 990, PART VI, SECTION B, LINE 15A HARBORCOV'S EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE BOARD MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE CHANGES AS DEEMED APPROPRIATE. A PERFORMANCE EVALUATION IS CONDUCTED AND REVIEWED EACH YEAR AND IS INTENDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. FOLLOWING THIS REVIEW, THE BOARD REVIEWS AND APPROVES, FOR THE EXECUTIVE DIRECTOR, THE BASE SALARY, AND OBJECTIVES AND GOALS FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART VI, SECTION B, 16: THROUGH DECEMBER 31, 2022, HARBORCOV ACTED AS THE GENERAL PARTNER FOR HARBORCOV COMMUNITY HOUSING LIMITED PARTNERSHIP THROUGH ITS WHOLLY OWNED SUBSIDIARY, HCI-CHI, INC. EFFECTIVE JANUARY 1, 2023, THE LIMITED PARTNER TRANSFERRED OWNERSHIP TO HARBORCOV, AT WHICH TIME THE LIMITED PARTNERSHIP BECAME A WHOLLY OWNED SUBSIDIARY OF HARBORCOV. IN ADDITION, HARBORCOV PERIODICALLY PARTICIPATES AS A MINORITY INTEREST ON REAL ESTATE DEVELOPMENT PROJECTS WHICH HAVE NO FINANCIAL IMPACT ON THE ORGANIZATION. A BETTER PLACE LLC PO BOX 505754 CHELSEA MA 02150 043458096 FACILITY FOR PROGRAM SERVICES MA 15840 1326773 HARBORCOV INC HARBORCOV COMMUNITY HOUSING LP PO BOX 505754 CHELSEA MA 02150 200157725 LOW-INCOME HOUSING MA HARBORCOV INC RELATED 0 1 1.00000 HCI-CHI INC PO BOX 505754 CHELSEA MA 02150 200157647 LOW INCOME HOUSING MA HARBORCOV INC C 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 HARBORCOV COMMUNITY HOUSING LP D 936542 NOTE RECEIVABLE/ACCRUED INTEREST