2024-11-14T03:50:56-06:00 2023-12-31 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2023-01-01 237011408 LOWER ROXBURY COMMUNITY CORPORATION LOWE 6175413900 184 DUDLEY STREET ROXBURY MA 02119 AMANDA PELCHER INTERIM CFO 6175413900 2024-11-13 1 1 X LORI ROTHE YOKOBOSKY CPA P01273422 6176481400 2024-10-30 2023 2024-10-15 13:58:12Z INGRID TUCKER 184 DUDLEY STREET ROXBURY MA 02119 3290387 0 X N/A X 1967 MA TO FURTHER THE INTEREST OF ALL OF THE RESIDENTS IN THE AREA KNOWN AS LOWER ROXBURY IN MATTERS OF HOUSING, EDUCATION, RECREATION AND TO REVITALIZE THE COMMUNITY. 11 11 0 11 0 0 43909 5000 1481524 2702227 1057939 441935 699235 141225 3282607 3290387 0 0 0 0 0 0 0 0 0 1975193 3360310 1975193 3360310 1307414 -69923 47032842 66998636 17144381 28436944 29888461 38561692 X THE OVERALL MISSION IS TO FOSTER THE SOCIAL, PHYSICAL, ECONOMIC AND CULTURAL RENAISSANCE OF THE LOWER ROXBURY COMMUNITY BY PROMOTING THE ECONOMIC SELF-SUFFICIENCY AND SOCIAL WELL-BEING OF LOW-INCOME AND MODERATE-INCOME RESIDENTS AND ADVOCATING FOR THE HOME OWNERSHIP, BUSINESS DEVELOPMENT OR EDUCATION. 0 0 3241508 2843452 TO FURTHER THE INTEREST OF ALL OF THE RESIDENTS IN THE AREA KNOWN AS LOWER ROXBURY IN THE MATTERS OF HOUSING, EDUCATION, RECREATION AND GENERALLY TO WORK FOR THE REVITALIZATION OF THE COMMUNITY. 3241508 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 1 1 1 1 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X AMANDA PELCHER 6175413900 184 DUDLEY STREET ROXBURY MA 02119 AYANNA HINES DIRECTOR 1.00 3.00 X 0 0 0 CHANDA K SMART DIRECTOR 1.00 3.00 X 0 0 0 DEAYNE WATTS DIRECTOR 1.00 3.00 X 0 0 0 GLORIA E BROOKS VICE PRESIDENT 1.00 3.00 X X 0 0 0 IVELISE RIVERA TREASURER 1.00 3.00 X X 0 0 0 LISA MORISHANTI DIRECTOR 1.00 3.00 X 0 0 0 MALIK AZIZ PRESIDENT 1.00 3.00 X X 0 0 0 NINA RUFF SECRETARY 1.00 3.00 X X 0 0 0 ROBERT L TERRELL DIRECTOR 1.00 3.00 X 0 0 0 SONRISA HAYNES DIRECTOR 1.00 3.00 X 0 0 0 VICTORIA LYNN AWKWARD DIRECTOR 1.00 3.00 X 0 0 0 EVELYN BARNES CHIEF FINANCIAL OFFICER 40.00 3.00 X 0 153531 16338 INTIYA AMBROGI-ISAZA VICE PRESIDENT REAL ESTATE 40.00 3.00 X 0 161916 27332 LESLIE A REID CHIEF EXECUTIVE OFFICER 40.00 3.00 X 0 191975 27318 0 507422 70988 0 0 1 0 WEST WORK LLC 103 TERRACE ST 2ND FLOOR BOSTON MA 02120 ARCHITECT SERVICES 390439 MCPHAIL ASSOCIATES 42 3RD AVENUE BURBLINGTON MA 01803 GEOTECHNICAL ENGINEERING 116734 NITSCH ENGINEERING 2 CENTER PLZ SUITE 430 BOSTON MA 02108 CIVIL ENGINEERING 107400 3 5000 5000 RENTAL INCOME 531110 1979781 1979781 INTEREST ON NOTES RECE 531110 722446 722446 2702227 441935 441935 141225 141225 141225 3290387 2843452 0 441935 199838 199838 7823 7823 14885 14885 103917 103917 57743 57743 274375 274375 582538 582538 752916 752916 714517 714517 96504 96504 BAD DEBTS 261693 261693 REPAIRS & MAINTENANCE 248733 248733 CORPORATE TAXES 23584 23584 21244 21244 3360310 3241508 118802 0 755769 1343967 260711 577605 13006233 14272119 24927534 8245495 9172999 16682039 10454245 11326067 10855282 20443249 197176 157442 2330427 2196148 47032842 66998636 77068 2259283 19800 11356331 20426815 5710982 5731046 17144381 28436944 X 29888461 38561692 29888461 38561692 47032842 66998636 X -69923 462723 8280431 X 0 1 X 1 0 X 100000 43909 5000 148909 1509263 1499813 1453077 1481524 2702227 8645904 1509263 1499813 1553077 1525433 2707227 8794813 0 0 0 8794813 375509 502004 745011 1057939 441935 3122398 375509 502004 745011 1057939 441935 3122398 3359817 18826 25526 699235 141225 4244629 5244589 2020643 2323614 3282607 3290387 16161840 0.54420 0.52370 0.19320 0.19490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: DEBT FORGIVENESS - 2019 AMOUNT: $ 6,704. 2020 AMOUNT: $ 18,826. 2021 AMOUNT: $ 25,526. PARTNERSHIP CAPITAL DISTRIBUTIONS - 2019 AMOUNT: $ 3,353,113. 2022 AMOUNT: $ 675,621. MISC INCOME - 2022 AMOUNT: $ 23,614. 2023 AMOUNT: $ 141,225. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 4869796 4869796 19387245 8005028 11382217 670493 240467 430026 16682039 INVESTMENT IN HSG SUBSIDIARIES 20443249 C 20443249 DUE TO AFFILIATED ENTITIES 5636074 OTHER CURRENT LIABILITIES 94972 5731046 X PART X, LINE 2: MPDC AND CERTAIN SUBSIDIARIES, NAMELY, MADISON PARK ECONOMIC DEVELOPMENT CORPORATION, MADISON PARK HOUSING CORPORATION, AND LOWER ROXBURY COMMUNITY CORPORATION ("LRCC"), QUALIFY AS ORGANIZATIONS FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE IRC AND THEREFORE ARE NOT SUBJECT TO INCOME TAX AND ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(1). CERTAIN UNRELATED BUSINESS INCOME, AS DEFINED IN THE IRC, IS SUBJECT TO FEDERAL INCOME TAX. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THERE WAS NO UNRELATED BUSINESS INCOME. THE PROVISIONS OF GAAP REQUIRE THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED UPON A MORE LIKELY THAN NOT THRESHOLD. THIS APPLIES TO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE TAX RETURNS OF ALL ENTITIES INCLUDED IN THE COMPANY'S CONSOLIDATED GROUP. THE COMPANY REGULARLY ASSESSES THE POTENTIAL SETTLEMENT OUTCOMES RESULTING FROM INCOME TAX EXAMINATIONS. THE IMPLEMENTATION OF THESE PROVISIONS HAS NO IMPACT ON THE COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AS THE COMPANY BELIEVES THAT ITS CONSOLIDATED FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS. GENERALLY, THE ABOVE INFORMATION OR TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE FILING DATE. NO NOTICES HAVE BEEN RECEIVED FROM EITHER THE INTERNAL REVENUE SERVICE ("IRS") OR COMMONWEALTH OF MASSACHUSETTS ADDRESSING ANY SUBSEQUENT YEAR. 0 0 0 0 0 0 0 0 0 LESLIE A REID CHIEF EXECUTIVE OFFICER 0 188675 0 3300 0 0 0 1587 0 25731 0 219293 0 0 INTIYA AMBROGI-ISAZA VICE PRESIDENT REAL ESTATE 0 151916 0 10000 0 0 0 6458 0 20874 0 189248 0 0 EVELYN BARNES CHIEF FINANCIAL OFFICER 0 143531 0 10000 0 0 0 6054 0 10284 0 169869 0 0 PART I, LINE 3 LOWER ROXBURY COMMUNITY CORPORATION HAS NO EMPLOYEES. ALL COMPENSATION IS PROVIDED TO EMPLOYEES OF ITS SOLE MEMBER, MADISON PARK DEVELOPMENT CORPORATION. PLEASE REFER TO MPDC'S FORM 990 FOR COMPENSATION INFORMATION AND DECISION MAKING. FORM 990, PART VI, SECTION A, LINE 3 DURING 2008, THE COMPANY ENTERED INTO A MANAGEMENT AGREEMENT WITH CORNU MANAGEMENT COMPANY, INC. THE MANAGEMENT FEE IS EQUAL TO 5% OF GROSS COLLECTED REVENUE. THE AGREEMENT IS IN EFFECT ON A YEAR-TO-YEAR BASIS. FORM 990, PART VI, SECTION A, LINE 6 MADISON PARK DEVELOPMENT CORPORATION IS THE SOLE MEMBER OF LOWER ROXBURY COMMUNITY CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MADISON PARK DEVELOPMENT CORPORATION, A SOLE MEMBER, HAS THE POWER TO APPOINT THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED PRIOR TO ISSUANCE BY THE FINANCE COMMITTEE AND THE FULL BOARD IS PROVIDED A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; 2. HAS READ AND UNDERSTOOD THIS POLICY; 3. HAS AGREED TO COMPLY WITH POLICY AND 4. UNDERSTANDS THAT THE ORGANIZATION IS A NON-PROFIT AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPTED PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES RELATED TO DISREGARDED ENTITIES 6,989,461. PARTNERSHIP DISTRIBUTIONS 1,290,970. 639 WARREN LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 3481837 LRCC 75 DUDLEY LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 856424 LRCC LRCC HOLDINGS LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 0 LRCC LRCC LEASING LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 181802 618030 LRCC LRCC MAINTENANCE LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 48000 669478 LRCC MADISON 84 WARREN LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 2207818 LRCC MADISON MM 84 WARREN LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 0 LRCC MADISON WASHINGTON II LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 1336713 7752837 LRCC NEW BERYL GARDENS PARTNER LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 0 LRCC NEW RUGGLES SHAWMUT MEMBER LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237011408 RENTAL REAL ESTATE MA 0 9644904 LRCC MADISON PARK HOUSING CORPORATION 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 042743779 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 MPDC 0 MADISON PARK DEVELOPMENT CORPORATION 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 237164223 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 N/A 0 MADISON PARK ECONOMIC DEVELOPMENT CORP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043126706 AFFORDABLE HOUSING MA 501(C)(3) LINE 10 MPDC 0 ADAMS ORCHARD LIMITED PARTNERSHIP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043428515 RENTAL REAL ESTATE MA ADAMS ORCHARD INC RELATED -556701 6256421 0 0 0.50990 BERYL GARDENS LIMITED PARTNERSHIP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043293229 RENTAL REAL ESTATE MA N/A 0 0 DUDLEY GREENVILLE LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 272754424 RENTAL REAL ESTATE MA N/A 0 0 MADISON BOTOLPH II LP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 364796660 RENTAL REAL ESTATE MA N/A 0 0 MADISON HAYNES LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 831853112 RENTAL REAL ESTATE MA N/A 0 1 MADISON MELNEA CASS LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 821769920 RENTAL REAL ESTATE MA N/A 0 1 MADISON PARK IV 2011 LIMITED PARTNERSHIP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 453459053 RENTAL REAL ESTATE MA N/A 0 0 MADISON TRINITY LIMITED PARTNERSHIP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043339768 RENTAL REAL ESTATE MA MTV INC RELATED -966 424981 0 0 0.50950 MPIII TOWNHOMES LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 473681685 RENTAL REAL ESTATE MA N/A 0 0 SCHOOL HOUSE BROOKLEDGE CUMMINS LIMITED PARTNERSHIP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 RENTAL REAL ESTATE MA N/A 0 1 SCHOOL HOUSE KENILWORTH WILLIAMS LIMITED PARTNERSHIP 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 RENTAL REAL ESTATE MA N/A 0 1 SMITH SENIOR RESIDENCES LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 320494148 RENTAL REAL ESTATE MA N/A 0 0 ADAMS ORCHARD INC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043428514 RENTAL REAL ESTATE MA N/A C 0 BERYL GARDENS COOPERATIVE CORPORATION 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043296338 RENTAL REAL ESTATE MA LRCC C 1.00000 1 BERYL GARDENS INC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043293227 RENTAL REAL ESTATE MA LRCC C 1 10000 1.00000 1 DUDLEY GREENVILLE MM LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 272754424 RENTAL REAL ESTATE MA N/A C 0 MADISON BOTOLPH GP INC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 462310065 RENTAL REAL ESTATE MA LRCC C 1.00000 1 MADISON HAYNES MM LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 831836890 RENTAL REAL ESTATE MA LRCC C 1 0.55000 1 MADISON MELNEA CASS MM LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 821755853 RENTAL REAL ESTATE MA LRCC C 4 1.00000 1 MADISON PARK IV GP LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 453261293 RENTAL REAL ESTATE MA LRCC C 77 0.79000 1 MPIII TOWNHOMES MM LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 473661174 RENTAL REAL ESTATE MA LRCC C 11 1.00000 1 MTV INC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 043339765 RENTAL REAL ESTATE MA N/A C 0 SCHOOLHOUSE B C MADISON PARK AND EAF LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 RENTAL REAL ESTATE MA N/A C 0 SCHOOLHOUSE K W MADISON PARK AND EAF LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 RENTAL REAL ESTATE MA N/A C 0 SMITH SENIOR RESIDENCES MM LLC 184 DUDLEY STREET SUITE 102 ROXBURY MA 02119 812393714 RENTAL REAL ESTATE MA LRCC C 0.55000 1 0 0 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 1 BERYL GARDENS L 184050 FMV