2024-02-21T13:57:46-06:00 2023-06-30 042694095 LITMANGERSON ASSOCIATES LLP 500 W CUMMINGS PARK SUITE 5650 WOBURN MA 01801 990 2022-07-01 222982463 HOUSING OPPORTUNITIES AND MANAGEMENT ENTERPRISES INC (HOME) HOUS 7815810739 100 WILLOW STREET LYNN MA 01901 MARK EVANS EXECUTIVE DIRECTOR 7815810739 2024-02-16 1 MARK EVANS 999009999 0 ROBERT F HART JR P00937795 7815694700 2024-02-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK EVANS 100 WILLOW STREET LYNN MA 01901 658770 0 X LSAHOME.ORG X 1989 MA TO PROVIDE HOUSING FOR INDIVIDUALS AND FAMILIES THAT IS AFFORDABLE, SUPPORTIVE, AND PROVIDES ACCESS TO SERVICES FROM THE PARENT COMPANY, LYNN SHELTER ASSOCIATION, INC. 12 12 0 12 0 0 0 0 686198 656961 21 212 294 1597 686513 658770 0 0 0 0 0 0 0 0 0 893080 764249 893080 764249 -206567 -105479 1009936 1312565 488210 896318 521726 416247 TO PROVIDE HOUSING FOR INDIVIDUALS AND FAMILIES THAT IS AFFORDABLE, SUPPORTIVE AND PROVIDES ACCESS TO SERVICES FROM THE PARENT COMPANY, LYNN SHELTER ASSOCIATION, INC. 0 0 475319 632758 PERMANENT HOUSING PROGRAM: THE ORGANIZATION (HOME) PROVIDES ROOM AND APARTMENT RENTALS TO A RELATED ORGANIZATION, LYNN SHELTER ASSOCIATION (LSA), IN SUPPORT OF ITS PERMANENT HOUSING PROGRAM. LSA'S PERMANENT HOUSING PROGRAM PROVIDES HOUSING TO CHRONICALLY HOMELESS AND DISABLED INDIVIDUALS. IT ALSO PROVIDES HOUSING TO FAMILIES WHERE THE HEAD OF HOUSEHOLD WAS CHRONICALLY HOMELESS AND DISABLED. LSA'S PROGRAM SERVED APPROXIMATELY 84 INDIVIDUALS DURING THE YEAR. 60391 25800 AFFORDABLE HOUSING PROGRAM: THE ORGANIZATION (HOME) OPERATES A ROOMING HOUSE AND APARTMENT BUILDING IN DOWNTOWN LYNN, MA THAT PROVIDES BELOW MARKET HOUSING TO INDIVIDUALS AND FAMILIES. FUNDING FOR THIS PROGRAM IS FROM TENANT RENTS. HOME PROVIDED AFFORDABLE BELOW MARKET HOUSING TO 3 INDIVIDUALS DURING THE YEAR. 4902 ADULT SHELTER PROGRAM: THIS PROGRAM IS ALSO KNOWN AS THE LYNN EMERGENCY SHELTER AND IS LOCATED IN DOWNTOWN LYNN MASSACHUSETTS. THE PROGRAM PROVIDES EMERGENCY SHELTER AND SERVICES TO HOMELESS ADULTS. THE SHELTER IS A HOUSING FIRST MODEL SHELTER THAT PROMOTES SELF-SUFFICIENCY. FUNDING FOR THE PROGRAM IS FROM THE MASSACHUSETTS DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT (DHCD). THIS PROGRAM, TOGETHER WITH LSA'S PROGRAM, SERVED APPROXIMATELY 142 CLIENTS DURING FISCAL YEAR 2023. 540612 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 7815810739 100 WILLOW STREET LYNN MA 01901 WALTER GUPTILL CLERK 1.00 1.00 X X 0 0 0 DAYLE PERSONS DIRECTOR 1.00 1.00 X 0 0 0 REV CLYDE ELLEDGE PRESIDENT 1.00 1.00 X X 0 0 0 JOSHUA C JUDKINS DIRECTOR 1.00 1.00 X 0 0 0 DOMINIC FERRARI DIRECTOR 1.00 1.00 X 0 0 0 FRANCIS MANCINI DIRECTOR 1.00 1.00 X 0 0 0 SHEILA BYRD VICE PRESIDENT 1.00 1.00 X X 0 0 0 MICHAEL TARMEY DIRECTOR 2.00 1.00 X 0 0 0 J MICHAEL ANDERSON DIRECTOR 2.00 2.00 X 0 0 0 FRANK NITKIEWICZ TREASURER 2.00 2.00 X X 0 0 0 MARIA AYBAR THROUGH 22023 DIRECTOR 1.00 1.00 X 0 0 0 TOMMI HILL DIRECTOR 1.00 1.00 X 0 0 0 TOM CORNU DIRECTOR 1.00 1.00 X 0 0 0 MARK EVAN EXECUTIVE DIRECTOR 5.00 35.00 X 0 211283 8388 DAVID KEENE CONTRACT CFO 5.00 35.00 X 0 102288 0 JIM GEORGE FORMER CONTRACT CFO 5.00 35.00 X 0 0 0 0 313571 8388 0 0 1 0 0 RENTAL INCOME 531110 656961 656961 656961 212 212 MISCELLANEOUS 561000 1597 1597 1597 658770 658558 0 212 239393 150900 88493 2536 2536 5534 767 4767 309953 235761 74192 17726 13453 4273 59439 57926 1513 46375 45459 916 REAL ESTATE TAXES 40671 33893 6778 BAD DEBT FOR RELATED PA 39767 39767 SMALL EQUIPMENT RENTAL 2855 2453 402 764249 540612 223637 0 172662 151381 6959 29686 1935 2264 1923573 794339 828380 1129234 1009936 1312565 31156 71851 384376 361294 72678 463173 488210 896318 X 521726 416247 521726 416247 1009936 1312565 -105479 0 X 0 1 X 1 0 X 37282 31703 68985 573010 574864 607375 686198 656961 3098408 610292 574864 639078 686198 656961 3167393 0 150900 150900 138064 161562 197838 799264 150900 150900 138064 161562 197838 799264 2368129 370 69 53 21 212 725 4216 5001 2667 11884 4586 5070 2720 21 212 12609 6000 294 1597 7891 620878 579934 641798 686513 658770 3187893 0.74290 0.76520 0.00400 0.00390 X 121604 121604 1594409 752389 842020 42290 41950 340 165270 165270 1129234 DUE TO LSA 463173 463173 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR THE UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH FASB ASC TOPIC NO. 740, INCOME TAXES (ASC 740), WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. WHEN NECESSARY, THE ORGANIZATION ACCOUNTS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS PART OF ITS PROVISION FOR INCOME TAXES. THE ORGANIZATION DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS ARISING FROM TAX POSITIONS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT 12 MONTHS. 0 0 0 0 0 0 0 0 0 MARK EVAN EXECUTIVE DIRECTOR 0 211283 0 0 0 0 0 0 0 8388 0 219671 0 0 PART I, LINE 3 THE BOARD OF COMPENSATION COMMITTEE OF A RELATED ORGANIZATION APPROVED THE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 3 LYNN SHELTER ASSOCIATION MANAGES THE ACCOUNTING AND HUMAN RESOURCES FOR H.O.M.E. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION SUBMITS THE 990 TO THE FINANCE COMMITTEE FOR REVIEW. UPON APPROVAL THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS MONITORED BY PROGRAM AND PERSONNEL COMMITTEE, ENFORCED BY REQUIRING COMPETITIVE BIDS. FORM 990, PART VI, SECTION B, LINE 15 COMMITTEE MEMBERS COMPILE COMPARATIVE DATA FOR EXECUTIVE COMMITTEE FOR THEIR REVIEW FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST LYNN SHELTER ASSOCIATION INC 100 WILLOW STREET LYNN MA 01901 222603594 SHELTER & PERMANENT HOUSING MA 501(C)(3) LINE 10 N/A 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 LYNN SHELTER ASSOCIATION INC J 42750 COST/INVOICES LYNN SHELTER ASSOCIATION INC M 243600 COST/INVOICES LYNN SHELTER ASSOCIATION INC D 463173 COST/INVOICES