2024-11-26T05:34:08-06:00 2023-12-31 260429030 NESSERALLA & COMPANY LLC 11 MAIN STREET SUITE 200 CONCORD NH 03301 990 2023-01-01 020427331 THE HOUSING PARTNERSHIP HOUS 6034313610 PO BOX 127 PORTSMOUTH NH 03802 MARTY CHAPMAN EXECUTIVE DIRECTOR 6034313610 2024-11-26 1 0 NESSERALLA COMPANY LLC P01068572 6033693812 2024-11-19 2023 2024-10-15 13:58:12Z MARTY CHAPMAN PO BOX 127 PORTSMOUTH NH 03802 1429667 0 X WWW.HOUSINGPARTNERSHIP.ORG X 1988 NH THE HOUSING PARTNERSHIP'S (THP) MISSION IS TO STRENGTHEN THE COMMUNITIES OF THE GREATER SEACOAST REGION OF NEW HAMPSHIRE AND SOUTHERN MAINE BY CREATING DIVERSE HOUSING OPPORTUNITIES, UTILIZING INNOVATIVE APPROACHES TO DEVELOPMENT, AND PRACTICING STRONG STEWARDSHIP OF OUR HOUSING. WE VALUE ECONOMIC SUSTAINABILITY, ECONOMIC AND SOCIAL DIVERSITY AND SMART GROWTH. BY HONORING THESE VALUES, WE CREATE HOUSING THAT STRENGTHENS THE FABRIC OF COMMUNITIES. 5 5 3 13 -163651 0 68592 109869 1134748 530171 934 25201 -18593 -5929 1185681 659312 0 0 0 0 394248 400647 0 0 10681 629562 515388 1023810 916035 161871 -256723 10503936 11796241 5202601 6631414 5301335 5164827 X THE HOUSING PARTNERSHIP'S (THP) MISSION IS TO STRENGTHEN THE COMMUNITIES OF THE GREATER SEACOAST REGION OF NEW HAMPSHIRE AND SOUTHERN MAINE BY CREATING DIVERSE HOUSING OPPORTUNITIES, UTILIZING INNOVATIVE APPROACHES TO DEVELOPMENT, AND PRACTICING STRONG STEWARDSHIP OF OUR HOUSING. WE VALUE ECONOMIC SUSTAINABILITY, ECONOMIC AND SOCIAL DIVERSITY AND SMART GROWTH. BY HONORING THESE VALUES, WE CREATE HOUSING THAT STRENGTHENS THE FABRIC OF COMMUNITIES. 0 0 505958 593352 RENTAL PROPERTIES - THP OWNS/OVERSEES THE PROPERTY MANAGEMENT OF 252 AFFORDABLE APARTMENTS AND 1 COMMERCIAL UNIT IN DOVER, EXETER, FARMINGTON, LEE, ROLLINSFORD, RYE, KENNEBUNK, ELIOT, AND SOUTH BERWICK. 144183 97296 PROPERTY DEVELOPMENT - DEVELOPMENT OF AFFORDABLE HOUSING THROUGH CONSTRUCTION OF NEW HOUSING AS WELL AS PURCHASE AND REHAB OF EXISTING HOUSING. 85741 14111 HOMEWARD BOUND - A FREE AND COMMUNITY-BASED COMPREHENSIVE HOMEBUYER EDUCTION PROGRAM OFFER IN THE SEACOAST REGION OF NEW HAMPSHIRE. IT IS THE ONLY HUD-CERTIFIED HOMEBUYER EDUCATION PROGRAM OFFERED IN THE SEACOAST REGION. THE 8-HOUR PROGRAM TEACHES THE STEPS NECESSARY FOR SUCCESSFUL HOMEOWNERSHIP. IT PREPARES GRADUATES TO NAVIGATE THE POTENTIAL PITFALLS OF THE HOME BUYING PROCESS. GRAUDATES GAIN ACCESS TO TRANSITIONAL BANK FINANCING, AS WELL AS SATISFYING THE REQUIREMENTS OF MANY INCOME-RESTRICTED LOAN PROGRAMS. THE PROGRAM ALSO OFFERS TIPS ON ESTABLISHING AND SAVING FOR A DOWN PAYMENT, IMPROVING CREDIT SCORE, SHOPPING FOR A HOME, SECURING A MORTGAGE, GETTING A HOME INSPECTION, CLOSING THE SALE AND KEEPING A HOME AND MANAGING FINANCES. IN ADDITION, THE PROGRAM OFFERS APPOINTMENTS FOR INDIVIDUAL COUNSELING. 735882 1 1 0 0 0 0 0 0 0 0 1 0 1 1 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 1 1 1 0 0 0 1 21 0 3 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 NH X X BRENDA GLADU 6037663129 PO BOX 127 PORTSMOUTH NH 03802 RYAN J BISHOP DIRECTOR 1.00 X 0 0 0 JOSEPH GALLI DIRECTOR 1.00 X 0 0 0 BILL CORMIER DIRECTOR 1.00 X 0 0 0 SANDRA PAGEL DIRECTOR 1.00 X 0 0 0 JEFF GILBERT PRESIDENT 1.00 X X 0 0 0 RAYMOND H WEAVING VICE PRESIDENT 1.00 X X 0 0 0 PHILIP COHEN TREASURER 1.00 X X 0 0 0 MARTY CHAPMAN EXECUTIVE DIRECTOR 37.50 X 156405 0 12543 156405 0 12543 1 0 1 0 CASTAGNA CONSULTING GROUP LLC 13 BUCKSKIN LANE NORTH HAMPTON NH 03862 CONSTRUCTION SERVICES 989735 MACKINNON & SONS EXCAVATING 78 UPPER BARLEY ROAD LEBANON ME 04027 CONSTRUCTION SERVICES 372340 COTE ELECTRIC LLC 555 VALLEY STREET MANCHESTER NH 03103 CONSTRUCTION SERVICES 184300 3 10352 96222 3295 109869 RENTAL INCOME 531110 400640 400640 INCENTIVE MANAGEMENT FEE 531110 48647 48647 CAPITAL DISTRIBUTIONS 531390 45572 45572 INTEREST ON PROGRAM LOANS 531390 21201 21201 HOMEWARD BOUND SEMINAR FEES 624190 14111 14111 530171 25201 25201 650642 753489 -102847 -102847 60804 -163651 0 10352 16866 -16866 -16866 RECOVERY OF BAD DEBTS 531390 81914 81914 OTHER INCOME 531390 31797 31797 LAUNDRY/VENDING INCOME 531110 73 73 113784 659312 704759 -163651 8335 154547 114001 39944 602 187316 131517 50913 4886 23732 15932 7356 444 10672 7164 3307 201 24380 16367 7557 456 27644 27644 3196 3196 41728 5475 36253 9120 4934 4186 1853 1503 350 20310 13970 4080 2260 121795 111710 9207 878 4784 4202 561 21 53885 49114 4350 421 46708 46333 342 33 19078 17702 1255 121 REPAIRS AND MAINTENANCE 138146 138146 OTHER 27141 26972 161 8 916035 735882 169472 10681 301427 264069 1001053 289959 22761 15958 1475105 1610176 32430 15311 1958568 1089742 886512 868826 423900 515365 1043305 951861 23775 21313 5293668 7243403 10503936 11796241 810533 535701 921 826 4320513 6032065 70634 62822 5202601 6631414 X 5268858 5130130 32477 34697 5301335 5164827 10503936 11796241 X -256723 93685 15000 11530 X X 0 1 X 1 0 X 466946 586597 212330 68592 109869 1444334 466946 586597 212330 68592 109869 1444334 1444334 47575 36686 340432 30337 70773 525803 30076 25900 32345 72015 113784 274120 2244257 3716997 0.64360 0.75540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2019 AMOUNT: $ 30,076. 2020 AMOUNT: $ 25,900. 2021 AMOUNT: $ 32,345. 2022 AMOUNT: $ 72,015. 2023 AMOUNT: $ 113,784. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 154090 154090 1736847 1022111 714736 40261 27370 67631 0 868826 INVESTMENTS IN PARTNERSHIPS & S CORPS 951861 C 951861 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 34697 DEPOSIT ON OFFICE LEASE 1617 PROJECTS UNDER DEVELOPMENT 6369966 TENANT SECURITY DEPOSITS 29493 DEVELOPER FEE RECEIVABLE 776531 RIGHT-OF-USE ASSET 31099 7243403 TENANT SECURITY DEPOSITS 31213 LEASE LIABILITY 31609 62822 X PART X, LINE 2: THE ORGANIZIATION IS NOT A TAXPAYING ENTITY FOR FEDERAL OR STATE INCOME TAX PURPOSES; ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN REECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS; NO RESERVES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED; AND THE ORGANIZATION DID NOT RECORD A CUMULATIVE EFFECT ADJUSTMENT RELATED TO THE ADOPTION OF ASC 740. X 0 0 0 0 0 0 0 0 0 MARTY CHAPMAN EXECUTIVE DIRECTOR 126405 0 30000 0 0 0 12543 0 0 0 168948 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 PROPERTY MANAGEMENT DELEGATED TO A MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8B THE FINANCE COMMITTEE MEETINGS ARE NOT RECORDED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY TREASURER WHO PRESENTS TO THE BOD. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD OF DIRECTORS MEMBER NEEDS TO REVIEW AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY. THE NATURE OF RELATED PARTY TRANSACTIONS AND AMOUNTS, IF ANY, WILL BE DISCLOSED AT THE BOARD MEETING FOR DISCUSSIONS. BOARD/COMMITTEE MEMBERS AND THEIR FAMILY MEMBERS NEED TO GET APPROVAL FROM THE BOD BEFORE THEY DO ANY BUSINESS TRANSACTIONS WITH THP/THP'S PROPERTIES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR WAGE IS REVIEWED BY THE BOD ANNUALLY. ALL STAFF RAISES ARE REVIEWED/APPROVED BY THE BOD. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CASUALTY LOSSES -14,780. RECOVERY OF DISCOUNT ON LOANS RECEIVABLE 26,310. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR. AIRFIELD VILLAGE AT RYE LLC 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 863651779 SALE OF REAL ESTATE NH 15382 6325919 THE HOUSING PARTNERSHIP NORTON STREET NEIGHBORHOOD REVITALIATION CORP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 020512433 RENTAL LOW-INCOME HOUSING NH 501(C)(3) 509(A)(2) THE HOUSING PARTNERSHIP 0 NORTON STREET NEIGHBORHOOD REVITALIZATION LIMITED PARTNERSHIP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 016156136 RENTAL LOW-INCOME HOUSING NH NORTON STREET CORP RELATED 70 100455 0 0 0.99900 BETHESDA HOUSE HOUSING ASSOCIATES LIMITED PARTNERSHIP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 263539562 RENTAL LOW-INCOME HOUSING NH N/A 0 0 WOODBURY MILLS LIMITED PARTNERSHIP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 800811147 RENTAL LOW-INCOME HOUSING NH N/A 0 0 BRADLEY COMMONS LIMITED PARTNERSHIP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 471658278 RENTAL LOW-INCOME HOUSING NH N/A 0 0 BRADLEY COMMONS II LIMITED PARTNERSHIP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 371901896 RENTAL LOW-INCOME HOUSING NH N/A 0 0 STRAFFORD SCATTERED SITE LIMITED PARTNERSHIP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 863422489 RENTAL LOW-INCOME HOUSING NH N/A 0 0 RYE AIRFIELD RCD I INC 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 900526410 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP S -160926 722493 1.00000 0 HOUSING PARTNERSHIP DEVELOPMENT CORP 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 263539514 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C -23 1.00000 0 THP MILL HOUSING INC 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 455183609 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C -15 1.00000 0 THP DOVER COMMONS INC 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 471658185 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C -20 1.00000 0 BRADLEY COMMONS SUBCONDOMINIUM 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 832385511 CONDO MANAGEMENT NH BRADLEY COMMONS LIMITED PARTNERSHIP C 88195 0.72350 0 BRADLEY COMMONS MASTER CONDOMINIUM 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 863122469 CONDO MANAGEMENT NH BRADLEY COMMONS SUBCONDOMINIUM C 20401 0.51370 0 THP DOVER COMMONS II INC 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 830873497 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C -9 1.00000 0 THP STRAFFORD HOLDINGS INC 767 ISLINGTON STREET SUITE 2D PORTSMOUTH NH 03801 863436022 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C -21 1.00000 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 NORTON STREET NEIGHBORHOOD REVITALIZATION LIMITED PARTNERSHIP A 81914 CASH AMOUNT