2024-05-15T17:16:08-05:00 2023-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2022-07-01 061569439 VINFEN CORPORATION OF CONNECTICUT INC VINF 6174411800 950 CAMBRIDGE STREET CAMBRIDGE MA 021411001 JEAN YANG PRESIDENT & CEO 6174411800 2024-05-14 1 JEAN YANG 999009999 0 KAREN LO P01434915 6179129000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEAN YANG 950 CAMBRIDGE STREET CAMBRIDGE MA 021411001 26384808 0 X WWW.VINFEN.ORG X 2000 CT VINFEN TRANSFORMS LIVES BY BUILDING THE CAPACITY OF INDIVIDUAL, FAMILIES, ORGANIZATIONS AND COMMUNITIES TO LEARN, THRIVE, AND ACHIEVE THEIR GOALS. OUR SERVICES PROMOTE THE RECOVERY, RESILIENCY, HABILITATION AND SELF-DETERMINATION OF THE PEOPLE WE SERVE. AS A HUMAN SERVICE LEADER, WE STRIVE TO BE THE PROVIDER, EMPLOYER, AND PARTNER OF CHOICE. 5 4 564 4 0 0 8042 1110 22549657 26348244 0 0 20659 35454 22578358 26384808 0 0 0 0 18083366 20905999 0 0 0 4541006 5489040 22624372 26395039 -46014 -10231 11182359 16242937 12499213 17570022 -1316854 -1327085 X VINFEN TRANSFORMS LIVES BY BUILDING THE CAPACITY OF INDIVIDUALS, FAMILIES, ORGANIZATIONS AND COMMUNITIES TO LEARN, THRIVE, AND ACHIEVE THEIR GOALS. OUR SERVICES PROMOTE THE RECOVERY, RESILIENCY, HABILITATION AND SELF-DETERMINATION OF THE PEOPLE WE SERVE. AS A HUMAN SERVICE LEADER, WE STRIVE TO BE THE PROVIDER, EMPLOYER, AND PARTNER OF CHOICE. 0 0 18510945 20953254 DEVELOPMENTAL SERVICES: DELIVERS AN ARRAY OF SERVICES FOR PERSONS WITH DEVELOPMENTAL DISABILITIES THROUGH OPERATION OF GROUP HOMES, SUPPORTED HOUSING, OUTREACH, WORK SKILLS AND EMPLOYMENT TRAINING, AND SHELTERED WORKSHOPS. 4731403 5394990 PSYCHIATRIC REHABILITATION SERVICES: FOR PERSONS WITH MENTAL ILLNESS/DISABILITIES, SUBSTANCE ABUSE, HIV/AIDS AND/OR HAVE DUAL DIAGNOSES THROUGH OPERATION OF GROUP HOMES, SUPPORTED HOUSING, OUTREACH, WORK SKILLS TRAINING, AND CLUBHOUSE SERVICES. 23242348 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 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 45 0 1 564 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CT X ANNETTE KOVAMEES 6174411800 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 JEAN YANG DIR AS OF 92122 PRESIDENT & CEO (AS OF 8/22/22) 5.00 35.00 X X 0 189086 2702 SOPHIE SANTAELLA INTERIM PRES CEO(THRU 8/21/22) DIR(THRU 9/21/22) 5.00 35.00 X X 0 279103 43373 PADMAJA RAMAN DIRECTOR 0.20 0.00 X 0 0 0 PAUL ZINTL DIRECTOR 0.20 1.80 X 0 0 0 PHILIP A MASON DIRECTOR, CHAIR 0.20 2.40 X X 0 0 0 C ALLEN ASHLEY DIRECTOR, CLERK 0.20 1.20 X X 0 0 0 RICHARD F SULLIVAN TREASURER (UNTIL 1/31/23) 5.00 35.00 X 0 279915 11649 LURLEEN GANNON ASSISTANT CLERK 0.50 39.50 X 0 216843 7251 ROBERT CRANE EXECUTIVE DIRECTOR 40.00 0.00 X 138971 0 35766 BRUCE L BIRD FORMER DIRECTOR, PRESIDENT & CEO 0.00 0.00 X 0 236799 21978 138971 1201746 122719 1 1 1 0 0 1110 1110 CONTRACT REVENUE 624310 25297879 25297879 CLIENT FEES 624310 1050365 1050365 26348244 CULINARY REVENUE 900099 18787 18787 RENTAL REVENUE 533110 16667 16667 35454 26384808 26383698 0 0 16318960 15248045 1070915 3311452 3068939 242513 1275587 1195109 80478 1385000 1385000 24384 24384 68770 68770 156450 135499 20951 208536 168843 39693 882672 850481 32191 169813 148667 21146 474889 330284 144605 130530 124034 6496 TRANSPORTATION 650740 644482 6258 SUPPLIES 375445 375445 FOOD 313896 307691 6205 MAINTENANCE & EQUIP REN 241110 238024 3086 406805 406805 26395039 23242348 3152691 0 4278527 7491109 2166791 1890568 277599 304213 9059612 3316052 4139880 5743560 319562 813487 11182359 16242937 3858611 4261796 48247 203970 285464 251217 4441780 5844344 1493526 1493526 2371585 5515169 12499213 17570022 X -1324699 -1334930 7845 7845 -1316854 -1327085 11182359 16242937 -10231 0 X 0 1 X 1 1 1 X 573 46 7265 8042 1110 17036 19972259 20744215 22007382 22570316 26383698 111677870 19972832 20744261 22014647 22578358 26384808 111694906 0 0 0 111694906 1 55 107 163 1 55 107 163 19972833 20744316 22014754 22578358 26384808 111695069 1.00000 1.00000 0.00000 X 0 1 X 949714 949714 6237567 2279511 3958056 100321 89803 10518 1755497 946738 808759 16513 16513 5743560 ASSETS WHOSE USE IS LIMITED 251217 OTHER ASSETS 37873 RIGHT-OF-USE ASSETS-OPERATING 270037 RIGHT-OF-USE ASSETS-FINANCING 254360 813487 DUE TO AFFILIATE 4696996 LINE OF CREDIT - PROPERTY PURCHASE 289498 OTHER LIABILITIES 75 PORTION OF LEASE LIABILITY-OPERATING 271153 PORTION OF LEASE LIABILITY-FINANCING 257447 5515169 X 26384808 0 26384808 0 26384808 26395039 0 26395039 0 26395039 PART IV, LINE 2B: VINFEN IS THE REPRESENTATIVE PAYEE FOR MANY INDIVIDUALS THAT VINFEN SERVES. VINFEN RECEIVES BENEFITS ON BEHALF OF THESE INDIVIDUALS AND ADMINISTERS THE DISTRIBUTION OF THESE FUNDS FOR THE RESPECTIVE INDIVIDUAL'S FOOD, CLOTHING, PERSONAL SUPPLIES, AND HEALTH CARE. PART X, LINE 2: VINFEN OF CONNECTICUT IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. VINFEN OF CONNECTICUT IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. VINFEN OF CONNECTICUT 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 VINFEN OF CONNECTICUT HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, VINFEN OF CONNECTICUT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE DATE FILED. VINFEN OF CONNECTICUT 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 - VINFEN OF CONNECTICUT OWES $4,696,996 TO VINFEN CORPORATION FOR MANAGEMENT AND GENERAL SERVICES, IN ADDITION TO DIRECT EXPENSES VINFEN CORPORATION PAID ON BEHALF OF VINFEN OF CONNECTICUT. REPAYMENTS OF AMOUNTS DUE TO AFFILIATE ARE MADE AS CASH FLOWS ALLOW. 0 0 0 0 0 0 0 0 0 SOPHIE SANTAELLA INTERIM PRES CEO(THRU 8/21/22) DIR(THRU 9/21/22) 0 277136 0 0 0 1967 0 8400 0 34973 0 322476 0 0 RICHARD F SULLIVAN TREASURER (UNTIL 1/31/23) 0 273696 0 0 0 6219 0 8866 0 2783 0 291564 0 0 BRUCE L BIRD FORMER DIRECTOR, PRESIDENT & CEO 0 226779 0 0 0 10020 0 10675 0 11303 0 258777 0 0 LURLEEN GANNON ASSISTANT CLERK 0 214673 0 0 0 2170 0 7251 0 0 0 224094 0 0 JEAN YANG DIR AS OF 92122 PRESIDENT & CEO (AS OF 8/22/22) 0 188496 0 0 0 590 0 0 0 2702 0 191788 0 0 ROBERT CRANE EXECUTIVE DIRECTOR 138289 0 0 0 682 0 16994 0 18772 0 174737 0 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 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 AND VINFEN CORPORATION OF CONNECTICUT INCLUDING CORPORATE OFFICERS AND OTHER KEY EMPLOYEES. 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'S 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 CONFLICTS 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. VINFEN CORPORATION 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 042632219 HUMAN SERVICES MA 501(C)(3) LINE 10 N/A 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 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 WESTLAND COMMUNITY HOUSING CORPORATION 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 311758843 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 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 043233283 LOW-INCOME HOUSING FOR DISABLED PERSONS MA 501(C)(3) LINE 10 VINFEN CORPORATION 0 FORT HILL AVENUE INC 950 CAMBRIDGE STREET CAMBRIDGE MA 02141 311740060 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 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0