2024-11-15T19:07:05-06:00 2023-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2023-01-01 042453465 NEWTON COMMUNITY DEVELOPMENT FOUNDATION INC NEWT 6172444035 425 WATERTOWN STREET 205 NEWTON MA 02458 JEANNE STRICKLAND EXECUTIVE DIRECTOR 6172444035 2024-11-15 1 1 JOLANTA TUCK CPA P01340068 7813803520 2024-11-14 2023 2024-10-15 13:58:12Z JUDITH WEBER 425 WATERTOWN STREET 205 NEWTON MA 02458 3747055 0 X N/A X 1968 MA TO DEVELOP AND MANAGE LOW AND MODERATE INCOME HOUSING AND ELDERLY HOUSING. 17 17 26 20 0 0 179977 233087 1484000 1584730 263042 232345 319061 485073 2246080 2535235 0 0 0 0 1432873 1540811 11161 12603 43288 487250 536440 1931284 2089854 314796 445381 11224820 12228683 2409629 2426865 8815191 9801818 TO DEVELOP A COMPREHENSIVE HOUSING PROGRAM FOR MODERATE AND LOW-INCOME FAMILIES, AND ELDERLY, WHO, BY REASON OF INCOME NEED MORE ADEQUATE HOUSING. TO SERVE AS A "COMMUNITY RELATIONS" RESOURCE PROVIDING ADVOCACY PLANNING FOR THE LOW AND MODERATE-INCOME COMMUNITY IN NEWTON. 0 0 1459898 2069803 DEVELOPMENT AND MANAGEMENT OF 268 UNITS OF LOW AND MODERATE INCOME HOUSING AND ELDERLY HOUSING FACILITIES. 1459898 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 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 1 1 0 0 1 11 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 MA X JEANNE STRICKLAND 6172444035 425 WATERTOWN STREET SUITE 205 NEWTON MA 02458 ROBERT ENGLER PRESIDENT (UNTIL 9/23) 1.00 0.40 X X 0 0 0 JUDITH WEBER VP (UNT 9/23)/PRES (AS OF 9/23) 1.00 0.40 X X 0 0 0 DAVID KOVEN DIRECTOR/VP (AS OF 9/23) 1.00 0.40 X X 0 0 0 BRIAN GALLAGHER SECRETARY 1.00 0.40 X X 0 0 0 TIMOTHY DACEY TREASURER 1.00 0.40 X X 0 0 0 ZAK ATTENBOROUGH DIRECTOR 1.00 0.20 X 0 0 0 CHRISTINE DILLON DIRECTOR 1.00 0.20 X 0 0 0 MAXWELL EBB DIRECTOR 1.00 0.20 X 0 0 0 WINNIE EBB DIRECTOR 1.00 0.20 X 0 0 0 GAYE FREED DIRECTOR 1.00 0.20 X 0 0 0 SANDRA KELLY DIRECTOR (UNTIL 9/23) 1.00 0.20 X 0 0 0 LISA MENELLY DIRECTOR 1.00 0.20 X 0 0 0 FRANK NEAL DIRECTOR 1.00 0.20 X 0 0 0 GENA NEVO DIRECTOR 1.00 0.20 X 0 0 0 SUSAN PALEY DIRECTOR 1.00 0.20 X 0 0 0 ANNE PRIESTLEY DIRECTOR (UNTIL 9/23) 1.00 0.20 X 0 0 0 LIZ SEELEY DIRECTOR 1.00 0.20 X 0 0 0 CAREN SILVERLIEB DIRECTOR 1.00 0.20 X 0 0 0 JUDITH SPAR DIRECTOR 1.00 0.20 X 0 0 0 ANNE TRIBUSH DIRECTOR 1.00 0.20 X 0 0 0 JEANNE STRICKLAND EXECUTIVE DIRECTOR 40.00 0.40 X 183677 0 25625 DINA TROIANI DIRECTOR OF PROPERTY MANAGEMENT 40.00 X 127798 0 6654 GRACE CONNOLLY DIRECTOR OF FINANCE AND ADMIN 37.50 X 135085 0 12474 446560 0 44753 3 0 1 0 0 129358 103729 233087 PROPERTY MGMT & SITE FEES 531310 1557100 1557100 TENANT RENTAL INCOME 531110 27630 27630 1584730 191434 191434 1252731 1211820 40911 40911 40911 GAIN ON INVESTMENT IN AFFILIATE 900099 482192 482192 2881 2881 485073 2535235 2069803 0 232345 209302 145227 62240 1835 1113245 771487 330636 11122 21969 15378 6591 89788 62851 26937 106507 72467 31057 2983 3798 3798 32128 17012 15116 12603 12603 39170 27419 11751 14461 14461 3643 3643 15083 10558 4525 90470 64314 26156 8880 6216 2664 24745 17322 7423 28843 19205 9638 RESIDENT SERVICES 92903 91004 1899 182316 121179 51934 9203 2089854 1459898 586668 43288 169936 118010 1462533 1239768 1015824 1093782 1365467 1390467 11784 9627 873654 560347 338052 313307 5319217 6024706 1288846 1866306 209502 170840 43659 1870 11224820 12228683 109357 101996 53 1238 267484 263758 2032735 2059873 2409629 2426865 X 8815191 9801818 8815191 9801818 11224820 12228683 445381 541246 0 X 0 1 X 1 0 X 178961 4720594 1155623 179977 233087 6468242 178961 4720594 1155623 179977 233087 6468242 6468242 58920 62349 112956 158656 191434 584315 157 285994 345352 319061 485073 1435637 8488194 7251992 0.76200 0.82110 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 157. 2020 AMOUNT: $ 285,994. 2021 AMOUNT: $ 345,352. 2022 AMOUNT: $ 319,061. 2023 AMOUNT: $ 485,073. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46800 46800 674276 407769 266507 152578 152578 0 313307 INVESTMENT IN AUBURNDALE 293034 C HEALTHY NEIGHBORHOODS EQUITY FUND II (HNEF II) 435444 C INVESTMENT IN WEEKS HOUSE 1137828 C 1866306 INVESTMENT IN NCDF III 1919033 LEASE OBLIGATION 140840 2059873 X PART X, LINE 2: GENERALLY, NCDF'S AND NCDF II'S INFORMATION RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE ("IRS"), TAX YEARS SINCE 2020 REMAIN OPEN. AS OF DECEMBER 31, 2023, THE COMPANY BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS WITH ANY OF ITS OPEN TAX YEARS. X X 0 0 0 0 0 0 0 0 0 JEANNE STRICKLAND EXECUTIVE DIRECTOR 183677 0 0 0 0 0 9597 0 16028 0 209302 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MAX EBB AND WINNIE EBB HAVE A FAMILIAL RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS AVAILABLE FOR REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE MEMBERS OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH MEMBER OF THE BOARD TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR'S PERFORMANCE AND SALARY IS REVIEWED ANNUALLY BY THE PRESIDENT. COMPARABILITY DATA IS EXAMINED EVERY 5 YEARS AND WRITTEN APPROVAL SUBSTANTIATES ANY SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. NEWTON COMMUNITY DEVELOPMENT FOUNDATION II INC 425 WATERTOWN STREET SUITE 205 NEWTON MA 02468 042646739 ELDERLY HOUSING MA 501(C)(3) LINE 7 NEWTON COMMUNITY DEVELOPMENT FOUNDATION 1 HAMLET ASSOCIATES 425 WATERTOWN STREET SUITE 205 NEWTON MA 02458 042611875 MIXED INCOME HOUSING MA NEWTON COMMUNITY DEVELOPMENT FOUNDATION RELATED 195574 7855553 0 1 0.98000 WARREN HOUSE ASSOCIATES LTD PARTNERSHIP 425 WATERTOWN STREET SUITE 205 NEWTON MA 02458 043089822 MIXED INCOME HOUSING MA NEWTON COMMUNITY DEVELOPMENT FOUNDATION III RELATED 83444 593413 0 1 0.77210 WEEKS SCHOOL LIMITED PARTERNSHIP 425 WATERTOWN STREET SUITE 205 NEWTON MA 02458 042809109 MIXED INCOME HOUSING MA NEWTON COMMUNITY DEVELOPMENT FOUNDATION RELATED 514432 5913942 0 1 0.79400 NEWTON COMMUNITY DEVELOPMENT CORP III INC 425 WATERTOWN STREET SUITE 205 NEWTON MA 02458 043126861 HOUSING DEVELOPMENT MA NEWTON COMMUNITY DEVELOPMENT FOUNDATION C 87788 3000 1.00000 1 NCDFAUBURNDALE CORP 425 WATERTOWN STREET SUITE 205 NEWTON MA 02458 043398079 HOUSING DEVELOPMENT MA NEWTON COMMUNITY DEVELOPMENT FOUNDATION C 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 NEWTON COMMUNITY DEVELOPMENT FOUNDATION III INC D 998191 FMV NEWTON COMMUNITY DEVELOPMENT FOUNDATION III INC D 923842 TERMS OF NOTE WARREN HOUSE ASSOCIATES LTD PARTNERSHIP D 466625 COST HAMLET ASSOCIATES L 93084 COST NEWTON COMMUNITY DEVELOPMENT FOUNDATION II INC L 69081 COST WEEKS SCHOOL LIMITED PARTERNSHIP L 89900 COST WARREN HOUSE ASSOCIATES LTD PARTNERSHIP L 67830 COST HAMLET ASSOCIATES Q 262118 COST WEEKS SCHOOL LIMITED PARTERNSHIP Q 309029 COST NEWTON COMMUNITY DEVELOPMENT FOUNDATION II INC Q 256375 COST WARREN HOUSE ASSOCIATES LTD PARTNERSHIP Q 214313 COST