2022-10-26T07:35:19-05:00 2021-12-31 221478099 COHNREZNICK LLP 10 FORBES ROAD SUITE 200 BRAINTREE MA 02184 990 2021-01-01 223010422 OLNEYVILLE HOUSING CORPORATION OLNE 4013518719 66 CHAFFEE STREET PROVIDENCE RI 02909 JENNIFER HAWKINS EXECUTIVE DIRECTOR 4013518719 2022-10-25 1 JENNIFER HAWKINS 999009999 JOLANTA TUCK CPA P01340068 7813803520 2022-10-19 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z ONE NEIGHBORHOOD BUILDERS JENNIFER HAWKINS 66 CHAFFEE STREET PROVIDENCE RI 02909 10249534 0 X WWW.OLNEYVILLE.ORG X 1988 RI HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS 11 11 39 0 0 0 2861314 5489820 1185260 1699465 426 331 90120 -461496 4137120 6728120 0 947248 0 0 1354887 1967869 0 0 0 1930472 1901126 3285359 4816243 851761 1911877 9736570 14027125 5579919 7760290 4156651 6266835 X ONE NEIGHBORHOOD BUILDERS (ONE/NB) IS A COMMUNITY DEVELOPMENT ORGANIZATION WITH A MISSION TO PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY. WE ACCOMPLISH OUR MISSION THROUGH: STRATEGIC REAL ESTATE DEVELOPMENT WITHIN THE GREATER-PROVIDENCE REGION TO INCREASE THE AVAILABILITY OF AFFORDABLE HOMES, SPUR ECONOMIC DEVELOPMENT, AND PROTECT OUR NATURAL RESOURCES; ENGAGEMENT OF PROVIDENCE RESIDENTS AND COMMUNITY-BASED ORGANIZATIONS TO BUILD TRUST AND COLLECTIVE PROBLEM-SOLVING; DEVELOPMENT OF INDIVIDUALS' FINANCIAL CAPABILITIES SO THAT THEY MAY REALIZE THEIR PERSONAL ASSET-BUILDING GOALS. 0 0 1671920 11000 1248286 REAL ESTATE DEVELOPMENT AND ASSET MANAGEMENT: ONE/NB HAS DEVELOPED ALMOST 600 AFFORDABLE HOMES IN HISTORICALLY-DISINVESTED PROVIDENCE NEIGHBORHOODS SINCE 1988. THE AGENCY PRESENTLY OWNS AND MANAGES 429 APARTMENTS, PROVIDING HIGH-QUALITY, AFFORDABLE HOUSING FOR RHODE ISLAND FAMILIES, INCLUDING INDIVIDUALS WHO EXPERIENCED HOMELESSNESS. ONE/NB HAS COMPLETED 11 LOW-INCOME HOUSING TAX CREDIT PROJECTS, TOTALING OVER $135 MILLION OF INVESTMENT. 2601022 936248 COMMUNITY BUILDING: ONE/NB LEADS THE CENTRAL PROVIDENCE HEATH EQUITY ZONE, CHARGED WITH ADDRESSING THE ROOT CAUSES OF HEALTH DISPARITIES, IMPROVE NEIGHBORHOOD CONDITIONS, AND INCREASE ECONOMIC MOBILITY FOR RESIDENTS IN CENTRAL PROVIDENCE. ONE/NB'S COMMUNITY INITIATIVES HAVE IDENTIFIED SPECIFIC STRATEGIES TO ADDRESS LOCAL ISSUES LIKE HOUSING, JOBS, AND PUBLIC HEALTH AND SAFETY. 4272942 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 65 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 1 1 X ROBERT EBERSOLE 4015780960 66 CHAFFEE STREET PROVIDENCE RI 02909 ALTHEA GRAVES DIRECTOR 1.00 X 0 0 0 DOMENIC F DELMONICO DIRECTOR 1.00 X 0 0 0 ELIZABETH ROBERTS DIRECTOR 1.00 X 0 0 0 EVELYN RANONE DIRECTOR 1.00 X 0 0 0 JORDAN DURHAM TREASURER 1.00 X X 0 0 0 KEVIN ESSINGTON DIRECTOR 1.00 X 0 0 0 LORRAINE LALLI VICE-CHAIR 2.00 X X 0 0 0 ROBERT MCMAHON DIRECTOR 2.00 X 0 0 0 ROCHELLE LEE SECRETARY 2.00 X X 0 0 0 VERONICA MARTINEZ DIRECTOR 1.00 X 0 0 0 XANDER MARRO CHAIR 2.00 X X 0 0 0 JENNIFER HAWKINS EXECUTIVE DIRECTOR 40.00 X 136308 0 0 ROBERT EBERSOLE DIRECTOR OF FINANCE 40.00 X 116746 0 0 C DEAN HARRISON DIRECTOR OF REAL ESTATE 40.00 X 101908 0 4510 354962 0 4510 2 0 0 0 0 1441506 4048314 5489820 DEVELOPMENT FEES 531390 856389 856389 RENTAL INCOME 531110 618019 618019 SERVICE FEES 531390 225057 225057 1699465 331 331 3059159 3521414 -462255 -462255 MISCELLANEOUS REVENUE 531390 759 759 759 6728120 1237969 0 331 947248 947248 253054 221121 31933 1413449 1235085 178364 48207 40291 7916 104347 87211 17136 148812 122169 26643 31870 31870 7019 1476 5543 30300 8500 21800 349280 267622 81658 368077 287029 81048 495649 475739 19910 152819 102154 50665 46587 26722 19865 LOSS ON INVESTMENT IN L 202078 202078 DEVELOPMENT COSTS 144529 144529 PROGRAM COSTS 72918 72098 820 4816243 4272942 543301 0 784197 2046834 205132 120527 931713 497709 1475855 1348260 2422535 27666 110486 51382 9063132 1024931 3397759 8038201 267340 556671 141553 1339875 9736570 14027125 1147355 2955812 1473 74870 32329 4287958 3834528 143133 862751 5579919 7760290 X 2298181 4495437 1858470 1771398 4156651 6266835 9736570 14027125 X 1911877 198307 X 0 1 X 1 1 1 X 1807561 1261974 1611075 2861314 5489820 13031744 1807561 1261974 1611075 2861314 5489820 13031744 13031744 147 190 158 426 331 1252 17306 26610 39374 29261 759 113310 13146306 10796235 0.99130 X 0.99260 0.00010 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 751667 751667 7853927 842910 7011017 19763 19763 0 437775 162258 275517 8038201 DEPOSITS 33427 DUE FROM AFFILIATES 967232 OTHER CURRENT ASSETS 73653 REAL ESTATE TAX AND INSURANCE ESCROW 15731 REPLACEMENT RESERVES 83595 OPERATING DEFICIT RESERVE 166237 1339875 DEVELOPMENT FEE PAYABLE 169410 DUE TO AFFILIATE 473989 MASTER LEASE PAYABLE 219352 862751 PART IV, LINE 2B: THE ORGANIZATION HAS SECURITY DEPOSITS TOTALING $32,329 AS OF DECEMBER 31, 2021. 1 BOYS AND GIRLS CLUB OF PROVIDENCE 550 WICKENDEN STREET PROVIDENCE RI 02903 050258929 501(C)(3) 9115 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY BROWN UNIVERSITY BOX 1893 PROVIDENCE RI 02912 79436 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY BUILDING FUTURES RHODE ISLAND 1 ACORN STREET PROVIDENCE RI 02903 813939129 501(C)(3) 23777 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY CLINICA ESPERANZA HOPE CLINIC 60 VALLEY STREET SUITE 104 PROVIDENCE RI 02909 261714340 501(C)(3) 25000 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY COMMUNITY ACTION PARTNERSHIP OF PROVIDENCE 518 HARTFORD AVE PROVIDENCE RI 02909 461472304 501(C)(3) 7335 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY FEDERAL HILL HOUSE ASSOCIATION INC 9 COURTLAND STREET PROVIDENCE RI 02909 050258871 501(C)(3) 111925 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY GARDEN TIME INC 286 ROCHAMBEAU AVE PROVIDENCE RI 02906 901002432 501(C)(3) 40000 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY GENESIS CENTER 620 POTTERS AVE PROVIDENCE RI 02907 223001721 501(C)(3) 95361 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY INSPIRING MINDS 65 PAVILION AVE PROVIDENCE RI 02905 050310175 501(C)(3) 9479 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY MANTON AVENUE PROJECT 55 PUTNAM STREETP PROVIDENCE RI 02909 061725016 501(C)(3) 14886 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY OUR JOURN3I LLC 199 CAMP STREET PROVIDENCE RI 02906 862352564 45000 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROJECT WEBER 640 BROAD STREET PROVIDENCE RI 02907 460964136 501(C)(3) 164007 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROVIDENCE COMMUNITY LIBRARY 708 HOPE STREET PROVIDENCE RI 02906 364640304 501(C)(3) 11100 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROVIDENCE HOUSING AUTHORITY 100 BROAD STREET PROVIDENCE RI 02903 056000193 73944 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY PROVIDENCE PUBLIC LIBRARY 150 EMPIRE STREET PROVIDENCE RI 02903 050262713 501(C)(3) 26918 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY REFUGEE DREAM CENTER 747 BROAD STREET PROVIDENCE RI 02907 473515841 501(C)(3) 41182 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY RHODE ISLAND COLLEGE 600 MT PLEASANT AVE PROVIDENCE RI 02908 056016315 27730 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY SOCIAL ENTERPRISE GREENHOUSE 10 DAVOL SQUARE PROVIDENCE RI 02903 260163730 501(C)(3) 9279 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY SOJOURNER HOUSE 386 SMITH STREET PROVIDENCE RI 02908 050370419 501(C)(3) 10000 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY WOONASQUATUCKET RIVER WATERSHED COUNCIL 45 EAGLE STREET PROVIDENCE RI 02909 050519694 501(C)(3) 21875 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY YWCA OF RHODE ISLAND 514 BLACKSTONE STREET WOONSOCKET RI 02895 050310596 501(C)(3) 12363 0 PROMOTE EQUITY, PUBLIC HEALTH AND COMMUNITY SAFETY 18 3 PART I, LINE 2: WE FOLLOW ALL THE REQUIREMENTS OF THE GRANTOR AGENCY, FUNDING SOURCE AND GRANT CONTRACT. PER OUR ONB FISCAL POLICIES AND PROCEDURES GUIDE, WE FOLLOW THE FEDERAL REQUIREMENTS FOR PROCUREMENT, SEGREGATION OF DUTIES, AND BEST PRACTICES FOR ALL FINANCIAL ACTIVITIES INCLUDING GRANT MANAGEMENT. OUR GENERAL LEDGER TRACKS EXPENSES AND REVENUES BY GRANT. FORM 990, PART VI, SECTION A, LINE 3 SUBSTANTIALLY ALL OF THE ORGANIZATION'S RENTAL PROPERTIES ARE MANAGED BY AN UNRELATED PROFESSIONAL PROPERTY MANAGEMENT COMPANY WHICH PROVIDES REGULAR INFORMATION FOR THE ORGANIZATION'S REVIEW. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S OTHER COMMITTEES DO NOT HAVE THE AUTHORITY TO MAKE DECISIONS ON BEHALF OF THE GOVERNING BODY, THEREFORE THEIR MEETINGS ARE NOT ALWAYS DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER OF THE BOARD. THE 990 IS THEN PROVIDED TO THE FULL BOARD FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF DIRECTORS MEET ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A PERFORMED BY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BEGINNING NET ASSETS OF NEWLY CONSOLIDATED DISREGARDED ENTITY 198,307. PHP LESSEE LLC (PHP) 66 CHAFFEE STREET PROVIDENCE RI 02909 270744044 LOW INCOME HOUSING RI 182237 803932 OLNEYVILLE HOUSING CORPORATION PHP MANAGER LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 272743895 DEVELOPMENT OF AFFORDABLE HOUSING RI 0 0 OLNEYVILLE HOUSING CORPORATION 60 KING STREET LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 461055236 LAND HOLDING RI 501(C)(2) OLNEYVILLE HOUSING CORPORATION 1 RIVERSIDE GATEWAY LP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 OLNEY VILLAGE LP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 AMHERST GARDENS LP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 ELMWOOD NEIGHBORHOOD REVITALIZATION II LP 66 CHAFFEE STREET PROVIDENCE RI 02909 050497161 LOW INCOME HOUSING RI N/A 0 0 ADELAIDE AVENUE LP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 NORTH ELMWOOD REVITALIZATION LP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 SUTTON PLACE LP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI OLNEYVILLE HOUSING CORPORATION RELATED 205837 3626781 0 0 0.99990 PARKIS HISTORIC PROPERTIES LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 270744143 LOW INCOME HOUSING RI PHP MANAGER LLC RELATED -134680 2486725 0 0 0.99900 BROAD STREET REVITALIZATION LP 66 CHAFFEE STREET PROVIDENCE RI 02909 261400947 LOW INCOME HOUSING RI OLNEYVILLE HOUSING CORPORATION RELATED -126799 4210142 0 0 0.99990 ELMWOOD II STATE CREDIT INVESTORS LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 NEW POLISH NATIONAL HOME LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 262756959 REAL ESTATE INVESTMENT RI OLNEYVILLE HOUSING CORPORATION RELATED 0 0 0.85000 OLNEYVILLE REDUX LIMITED PARTNERSHIP 66 CHAFFEE STREET PROVIDENCE RI 02909 050502509 LOW INCOME HOUSING RI OLNEYVILLE HOUSING CORPORATION RELATED -161045 3399590 0 0 0.99990 KING STREET COMMONS LIMITED PARTNERSHIP 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING RI N/A 0 0 ORCA INC 66 CHAFFEE STREET PROVIDENCE RI 02909 050502362 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 18322 1.00000 1 OLNEY VILLAGE PARTNERS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 300687803 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 1.00000 1 AMHERST GARDENS APARTMENTS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 800902046 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 100 1.00000 1 KING STREET COMMONS DEVELOPMENT CO 66 CHAFFEE STREET PROVIDENCE RI 02909 843909695 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 1 1.00000 1 ELMWOOD NEIGHBORHOOD REVITALIZATION INC 66 CHAFFEE STREET PROVIDENCE RI 02909 050497162 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 1.00000 1 ELMWOOD NEIGHBORHOOD REVITALIZATION II 66 CHAFFEE STREET PROVIDENCE RI 02909 100004881 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 6014 1.00000 1 ADELAIDE AVENUE DEVELOPMENT CORPORATION 66 CHAFFEE STREET PROVIDENCE RI 02909 050520267 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 1.00000 1 NORTH ELMWOOD DEVELOPMENT CORPORATION 66 CHAFFEE STREET PROVIDENCE RI 02909 205819954 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 1.00000 1 RIVERSIDE GATEWAY PARTNERS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 200303046 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 15126 186823 1.00000 1 BSR INC 66 CHAFFEE STREET PROVIDENCE RI 02909 261400730 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 88 1.00000 1 SP DEVELOPMENT INC 66 CHAFFEE STREET PROVIDENCE RI 02909 LOW INCOME HOUSING PARTNERSHIP RI OLNEYVILLE HOUSING CORPORATION C 1.00000 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0