2025-09-19T09:52:47-05:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 352506219 FENWAY COMPANIES INC C/O FENWAY COMMUNITY DEVELOPMENT CORP FENW 6172674637 70 BURBANK STREET BOSTON MA 02115 STEVEN FARRELL DIRECTOR 6172674637 2025-09-16 1 0 SORIE KABA CPA P01317106 5083669100 2025-09-16 2024 2025-03-06 01:10:19Z STEVEN FARRELL 70 BURBANK STREET BOSTON MA 02115 479610 0 X WWW.FENWAYCDC.ORG X 2014 MA FENWAY COMPANIES, INC. WAS ORGANIZED TO PROMOTE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS. 4 2 0 2 0 0 0 0 422911 467869 10288 11131 305 610 433504 479610 0 0 0 0 0 0 0 0 0 724189 731361 724189 731361 -290685 -251751 2396165 2387382 5053774 5296742 -2657609 -2909360 FENWAY COMPANIES, INC. PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 0 0 645504 468479 FENWAY COMPANIES, INC. PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 645504 1 0 0 0 0 0 0 0 0 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 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X STEVEN FARRELL 6172674637 70 BURBANK STREET BOSTON MA 02115 SUNEETH JOHN CLERK 0.10 39.90 X X 0 213949 9462 STEVEN FARRELL DIRECTOR (AS OF 5/24) 0.05 39.95 X 0 138877 19498 GREG PAULSON HAIG PRESIDENT (UNTIL 5/24) 0.05 2.35 X X 0 0 0 SARAH JENNESS PRESIDENT (AS OF 5/24) 0.05 2.15 X X 0 0 0 TIMOTHY COAKLEY TREASURER 0.10 2.30 X X 0 0 0 NIKKI FLIONIS DIRECTOR (UNTIL 5/24) 0.05 2.35 X 0 0 0 0 352826 28960 0 0 1 0 0 RENTAL INCOME 531390 467869 467869 467869 11131 11131 OTHER INCOME 900099 610 610 610 479610 468479 0 11131 29876 29876 10015 10015 15273 15273 63644 23973 39671 467 467 11178 11178 496757 496757 94431 94431 BAD DEBT 6285 6285 MISCELLANEOUS 3435 3435 731361 645504 85857 0 324478 335334 111358 115809 21098 55103 6286 7391 3417612 1979170 1522846 1438442 410099 435303 2396165 2387382 60901 76716 3883231 4107252 1109642 1112774 5053774 5296742 X -2657609 -2909360 -2657609 -2909360 2396165 2387382 -251751 0 X X 0 1 X 1 0 X 338580 380068 386177 422911 467869 1995605 338580 380068 386177 422911 467869 1995605 0 75509 72921 73953 92577 137988 452948 75509 72921 73953 92577 137988 452948 1542657 999 612 1318 10288 11131 24348 999 612 1318 10288 11131 24348 336 736 663 305 610 2650 339915 381416 388158 433504 479610 2022603 0.76270 0.76510 0.01200 0.00820 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 336. 2021 AMOUNT: $ 736. 2022 AMOUNT: $ 663. 2023 AMOUNT: $ 305. 2024 AMOUNT: $ 610. 181356 181356 3187952 1942398 1245554 48304 36772 11532 1438442 RESERVES AND DEPOSITS 435303 435303 NOTES PAYABLE AND ACCRUED INTEREST -RELATED PARTY 1112774 1112774 X 473325 -6285 -6285 479610 0 479610 725076 0 725076 6285 6285 731361 PART X, LINE 2: FENWAY COMPANIES, INC. (FCI) ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FCI HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2024. FCI'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE -6,285. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 6,285. 0 0 0 0 0 0 0 0 0 SUNEETH JOHN CLERK 0 203774 0 10175 0 0 0 7909 0 1553 0 223411 0 0 STEVEN FARRELL DIRECTOR (AS OF 5/24) 0 138877 0 0 0 0 0 6976 0 12522 0 158375 0 0 FORM 990, PART VI, SECTION A, LINE 3 FENWAY COMPANIES, INC. (FCI) DELEGATED ASSET MANAGEMENT DUTIES TO FENWAY COMMUNITY DEVELOPMENT CORPORATION (FCDC), A RELATED ORGANIZATION. IN ADDITION, FCI HAS DELEGATED PROPERTY MANAGEMENT AND BOOKKEEPING SERVICES TO PEABODY PROPERTIES. FORM 990, PART VI, SECTION A, LINE 8B FENWAY COMPANIES, INC. ONLY HAS A BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OF FENWAY CDC REVIEW AND RECOMMEND APPROVAL OF FORM 990 TO BOARD. BOARD IS PROVIDED COPY OF FORM 990 PRIOR TO FILING AND APPROVES FORM 990. FORM 990, PART VI, SECTION B, LINE 12C FENWAY COMPANIES, INC. REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY (AS IMPLEMENTED BY FCDC.) FENWAY COMPANIES, INC. HAS A VERY GOOD IDEA WHAT AFFILIATIONS ITS BOARD AND FCDC HAVE AND WOULD KNOW IF THEY WERE DOING BUSINESS WITH AN ORGANIZATION WITH WHICH A BOARD MEMBER OR FCDC WAS ASSOCIATED WITH OR ACTING IN A WAY THAT PROFITED THEM. ADDITIONALLY, THE BOARD, FINANCE, AND HOUSING COMMITTEE MEMBERS READ AND SIGN OFF ON THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FENWAY COMPANIES, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND CONSOLIDATING FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: FENWAY CDC HAS A FINANCE COMMITTEE THAT ASSUMES THE RESPONSIBILITY AND OVERSIGHT OF THE AUDIT. THERE WERE NO CHANGES TO THIS PROCESS IN 2024. FENWAY COMMUNITY DEVELOPMENT CORPORATION 70 BURBANK STREET BOSTON MA 02115 042666507 TO REHABILITATE AND DEVELOP LOW AND MODERATE INCOME HOUSING MA 501(C)(3) LINE 7 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY LODGING HOUSE INC 70 BURBANK STREET BOSTON MA 02115 043136525 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY COMMUNITY TRUST 70 BURBANK STREET BOSTON MA 02115 222745097 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 ASTOR ASSETS INC 70 BURBANK STREET BOSTON MA 02115 043170766 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 110 PETERBOROUGH GP INC 70 BURBANK STREET BOSTON MA 02115 274672879 LOW INCOME HOUSING MA N/A C 0 BURBANK GARDENS APARTMENTS MM LLC 70 BURBANK STREET BOSTON MA 02115 822190039 LOW INCOME HOUSING MA N/A C 0 BURBANK TERRACE MM LLC 70 BURBANK STREET BOSTON MA 02115 001548698 LOW INCOME HOUSING MA N/A C 0 NS APARTMENTS MM LLC 70 BURBANK STREET BOSTON MA 02115 834259185 LOW INCOME HOUSING MA N/A C 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0