2024-11-18T16:11:51-05:00 2024-06-30 841894608 SANDERS WALSH & EATON CPAS LLC PO BOX F OSTERVILLE MA 02655 990 2023-07-01 042954430 OAK HILL INC OAKH 9783561530 35 CENTRAL STREET IPSWICH MA 01938 STEVEN COTTRELL TREASURER 6175661026 2024-08-26 true true JOSEPH F MCGEE CPA P01584870 5084280790 2024-11-18 2023 2024-10-15 13:58:12Z STEVEN COTTRELL 14 LAKEMANS LANE IPSWICH MA 01938 736553 false X NONE X 1990 MA THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE LOW-INCOME HOUSING TO QUALIFIED ELDERLY PEOPLE. 9 9 0 0 504680 512872 190053 206058 1118 8042 16774 9581 712625 736553 0 0 0 0 0 638151 661975 638151 661975 74474 74578 1132197 1147503 2268598 2209326 -1136401 -1061823 THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE LOW-INCOME HOUSING TO QUALIFIED ELDERLY PEOPLE. false false 513528 THE ORGANIZATION PROVIDED LOW-INCOME HOUSING FOR THE ELDERLY UNDER THE GUIDELINES SET BY U.S. RURAL DEVELOPMENT. 513528 true false false false false false false false true false true false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false X 9 9 true true false false false false false true true false false false true true true true true false false false MA X EP MANAGEMENT CORP 9782321126 7 TOZER ROAD BEVERLY MA 01915 X ROGER BURKE VICE PRESIDE 4.00 X X 0 0 0 LAURI CARLSON BOARD MEMBER 2.00 X 0 0 0 BEVERLY COTTRELL BOARD MEMBER 2.00 X 0 0 0 STEVEN COTTRELL TREASURER 4.00 X X 0 0 0 DOROTHY LEVESQUE BOARD MEMBER 2.00 X 0 0 0 BARBARA PIMENTEL BOARD MEMBER 2.00 X 0 0 0 PATRICIA VALCOUR BOARD MEMBER 2.00 X 0 0 0 JAMES WHITMORE PRESIDENT 4.00 X X 0 0 0 PEG WHITTIER BOARD MEMBER 2.00 X 0 0 0 false false false 512872 512872 TENANT RENTS 531110 206058 206058 206058 8042 8042 LAUNDRY INCOME 9531 9531 MISCELLANEOUS REVENUE 50 50 9581 736553 206058 17623 X 35572 35572 13100 13100 78338 78338 5985 5985 200733 200733 37705 33068 4637 48262 42183 6079 MAINT AND REPAIR LABOR 78657 78657 REAL ESTATE TAXES 44763 44763 WATER 24034 24034 GAS 17166 17166 77660 72924 4736 661975 513528 148447 0 159416 82515 217 3420 3715 3557 3615916 2895693 738174 720223 230675 337788 1132197 1147503 33731 31609 15687 16772 2219180 2160945 2268598 2209326 X -1136401 -1061823 -1136401 -1061823 1132197 1147503 74578 X false true X true true true X 453726 466687 477805 504680 512872 2415770 169581 163934 173500 190053 206058 903126 10603 13376 9130 16774 9581 59464 633910 643997 660435 711507 728511 3378360 3378360 687 2651 792 1118 8042 13290 687 2651 792 1118 8042 13290 634597 646648 661227 712625 736553 3391650 0.99610 0.99810 0.00000 0.00000 X false true X 160000 160000 3394040 2856571 537469 30229 8422 21807 31647 30700 947 720223 REPLACEMENT RESERVE 337788 337788 736553 736553 736553 661975 661975 661975 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE PROJECT MAINTAINS ACCOUNTS FOR SECURITY DEPOSITS RECEIVED FROM TENANTS. THE CASH IS RESTRICTED FOR REIMBURSEMENT OF THE SECURITY DEPOSITS UNLESS THERE IS EVIDENCE OF DEFAULT BY A TENANT UNDER THE LEASE AGREEMENT. FORM 990, PAGE 6, PART VI, LINE 2 STEVEN COTTRELL BEVERLY COTTRELL TREASURER BOARD MEMBER MARRIED FORM 990, PAGE 6, PART VI, LINE 3 OPERATIONS ARE MANAGED BY EP MANAGEMENT CO. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED & APPROVED BY THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS AT A REGULARLY SCHEDULED BOARD MEETING. A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C IDENTITY OF INTREREST DISCLOSURES ARE MADE TO THE UNIOTED STATES RURAL DEVELOPMENT AGENCY. IN ADDITION, ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY EACH BOARD MEMBER. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNMENT DOCUMENTS ARE MAINTAINED BY BOTH THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MGT CO SITE MGR PAYROLL COST 0 55,851 0 MGT CO SITE MGT PAYROLL TAX 0 22,487 0 TOTAL 0 78,338 0 FORM 990, PART IX, LINE 24E REPAIRS AND MAINTENANCE 14,569 0 0 GROUNDS CONTRACT 13,188 0 0 ELECTRICITY 13,116 0 0 MAINT AND REPAIR SUPPLIES 13,047 0 0 SNOW REMOVAL 11,394 0 0 TELEPHONE 0 4,736 0 ELEVATOR MAINTENANCE 4,323 0 0 TRASH REMOVAL 3,049 0 0 GRANT EXPENSE 238 0 0 TOTAL 72,924 4,736 0