2021-09-02T09:13:59-05:00 2020-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-01-01 043206820 HEARTH INC HEAR 6173691550 1640 WASHINGTON STREET BOSTON MA 02118 MARK D HINDERLIE PRESIDENT & CEO 6173691550 2021-09-01 1 MARK HINDERLIE XXX-XX-XXXX DAVID KELLEHER CPA P01059560 5083669100 2021-08-31 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK D HINDERLIE 1640 WASHINGTON STREET BOSTON MA 02118 5426403 0 3461 X WWW.HEARTH-HOME.ORG X 1993 MA HEARTH IS DEDICATED TO THE ELIMINATION OF HOMELESSNESS AMONG THE ELDERLY. THIS MISSION IS ACCOMPLISHED THROUGH A UNIQUE BLEND OF PREVENTION, PLACEMENT, AND HOUSING PROGRAMS ALL DESIGNED TO HELP ELDERS FIND AND SUCCEED IN HOMES OF THEIR OWN. TO THIS END, ALL HOUSING OPERATED BY HEARTH PROVIDES A CREATIVE ARRAY OF SUPPORTIVE SERVICES THAT ASSIST RESIDENTS TO AGE WITH DIGNITY, REGARDLESS OF THEIR SPECIAL MEDICAL, MENTAL HEALTH, OR SOCIAL NEEDS. HEARTH BELIEVES THESE GOALS ARE BEST ACCOMPLISHED THROUGH RESPECT FOR ELDERS AND STAFF, WITH THE DESIRE TO SEE BOTH ACHIEVE THEIR HIGHEST DEGREE OF POTENTIAL. 25 24 114 32 0 0 2512320 2744602 1962868 2586525 111772 95276 11839 0 4598799 5426403 0 0 0 0 3079932 3671171 0 0 393470 1119202 1250341 4199134 4921512 399665 504891 9761319 27593347 2527547 19083827 7233772 8509520 X HEARTH IS DEDICATED TO THE ELIMINATION OF HOMELESSNESS AMONG THE ELDERLY. THIS MISSION IS ACCOMPLISHED THROUGH A UNIQUE BLEND OF PREVENTION, PLACEMENT, AND HOUSING PROGRAMS ALL DESIGNED TO HELP ELDERS FIND AND SUCCEED IN HOMES OF THEIR OWN. TO THIS END, ALL HOUSING OPERATED BY HEARTH PROVIDES A CREATIVE ARRAY OF SUPPORTIVE SERVICES THAT ASSIST RESIDENTS TO AGE WITH DIGNITY, REGARDLESS OF THEIR SPECIAL MEDICAL, MENTAL HEALTH, OR SOCIAL NEEDS. HEARTH BELIEVES THESE GOALS ARE BEST ACCOMPLISHED THROUGH RESPECT FOR ELDERS AND STAFF, WITH THE DESIRE TO SEE BOTH ACHIEVE THEIR HIGHEST DEGREE OF POTENTIAL. 0 0 2805424 1936490 SUPPORTIVE HOUSING -AS OF FY 2020, HEARTH OPERATES 174 UNITS OF PERMANENT SUPPORTIVE HOUSING AT SIX LOCATIONS. HEARTH IS COMMITTED TO PLACING ELDERS IN SERVICE-ENRICHED HOUSING, PROMOTING AS MUCH SELF-SUFFICIENCY AS POSSIBLE BY PROVIDING OR CONNECTING ELDERS WITH THE SERVICES THEY REQUIRE, INCLUDING, BUT NOT LIMITED TO: MENTAL HEALTH SERVICES, HEALTH SERVICES, SOCIAL SERVICES. INDIVIDUAL SERVICE PLANS ARE CREATED TO FIT THE UNIQUE NEEDS OF EACH RESIDENT, ALLOWING EVEN FRAIL ELDERS TO LIVE WITH INDEPENDENCE. HEARTH HAS AN EXTENSIVE HOUSING SERVICE TEAM, WHICH INCLUDES, BUT IS NOT LIMITED TO: NURSES, SOCIAL WORKERS, PROGRAM MANAGERS, ETC. 750438 650035 OUTREACH -HEARTH'S OUTREACH PROGRAM PROVIDES A COMPREHENSIVE SET OF SERVICES TO HOMELESS AND AT-RISK ELDERS TO HELP THEM RE-ESTABLISH THEIR LIVES WITHIN PERMANENT AND AFFORDABLE HOUSING IN AND AROUND THE CITY OF BOSTON. THE PROGRAM FOCUSES ON CONNECTION; HOUSING SEARCH & CASE MANAGEMENT; PLACEMENT AND STABILIZATION. 3555862 1 1 0 1 0 0 0 0 1 0 1 0 0 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 1 0 0 0 1 1 1 0 0 0 1 48 0 1 114 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA X THERESA PERKINS 6173691550 1640 WASHINGTON STREET BOSTON MA 02118 MARK D HINDERLIE PRESIDENT & CEO 37.00 3.00 X X 175600 0 3283 MARY SHIELDS COO 37.00 3.00 X 113963 0 9980 LINDA VENDOLA CONTROLLER 37.00 3.00 X 107302 0 11189 WILLIAM PORCELLO CFO CONSULTANT 20.00 0.00 X 113200 0 0 DANA GREEN CAO 37.00 3.00 X 100662 0 9261 THERESA PERKINS CFO (AS OF 7/13/20) 37.00 3.00 X 58624 0 2201 MICHELLE GUERTIN CFO (1/06/20 - 3/02/20) 37.00 3.00 X 29142 0 687 KEVIN MCCALL CHAIRPERSON 2.00 0.10 X X 0 0 0 DOUGLASS POUTASSE VICE-CHAIR 2.00 0.10 X X 0 0 0 GREGORY MANOUSOS TREASURER 2.00 0.10 X X 0 0 0 KARYN SCHEIER CLERK 2.00 0.10 X X 0 0 0 DIANA KELLY BOARD MEMBER 2.00 0.10 X 0 0 0 ALAN ABRAMS BOARD MEMBER 2.00 0.10 X 0 0 0 RAMESH ADVANI BOARD MEMBER 2.00 0.10 X 0 0 0 CHRISTINE ARAUJO BOARD MEMBER 2.00 0.10 X 0 0 0 JENNIFER BOTTOMLEY BOARD MEMBER 2.00 0.10 X 0 0 0 REBECCA TYLER BROWN BOARD MEMBER 2.00 0.10 X 0 0 0 THOMAS BYRNE BOARD MEMBER 2.00 0.10 X 0 0 0 ELLEN FEINGOLD BOARD MEMBER 2.00 0.10 X 0 0 0 ROBERT HOULIHAN BOARD MEMBER 2.00 0.10 X 0 0 0 MARILYN MILLER BOARD MEMBER 2.00 0.10 X 0 0 0 GREGORY MINOTT BOARD MEMBER 2.00 0.10 X 0 0 0 MARY PARKER BOARD MEMBER 2.00 0.10 X 0 0 0 TANIA PHILLIPS BOARD MEMBER 2.00 0.10 X 0 0 0 KATRINA SHAW BOARD MEMBER 2.00 0.10 X 0 0 0 ROBERT WADSWORTH BOARD MEMBER 2.00 0.10 X 0 0 0 DONALD WILKINS BOARD MEMBER 2.00 0.10 X 0 0 0 STACEY ZAWEL BOARD MEMBER 2.00 0.10 X 0 0 0 PRANITA AMARASINGHE BOARD MEMBER 2.00 0.10 X 0 0 0 ALVETA HAYNES BOARD MEMBER 2.00 0.10 X 0 0 0 DANIELLE JOHNSON BOARD MEMBER 2.00 0.10 X 0 0 0 698493 0 36601 5 0 1 0 0 1615147 1129455 30137 2744602 PROGRAM SERVICE FEES 623311 1832849 1832849 FEES AND PROJECT REIMB 623311 722265 722265 ADVANCES TO AFFILIATED 623311 31411 31411 2586525 95276 95276 5426403 2586525 0 95276 390625 49132 323549 17944 2760822 2219527 279533 261762 215834 164413 28369 23052 303890 225183 54994 23713 73355 73355 6665 6665 54649 1149 53500 178 178 48180 48180 70558 13239 49186 8133 7520 7520 363624 281805 45172 36647 66335 47651 13694 4990 172289 138576 25016 8697 12784 7190 5251 343 8657 827 7658 172 76618 75416 1202 35260 17979 17281 FOOD AND HOUSEHOLD SUPP 116741 116492 249 MISCELLANEOUS 110798 91661 18889 248 RECRUITMENT 26130 25602 528 4921512 3555862 972180 393470 738864 1592513 924827 704439 704180 510561 453076 489095 84470 92559 2516359 1480129 1103204 1036230 5036651 5851894 51942 51942 664105 17264114 9761319 27593347 518517 3210657 108909 97764 143647 1334956 13244211 683492 467401 1801820 2527547 19083827 X 5939532 6939537 1294240 1569983 7233772 8509520 9761319 27593347 504891 770857 0 X X 0 1 X 1 0 X 1624590 1825258 2938913 2512320 2744602 11645683 1624590 1825258 2938913 2512320 2744602 11645683 1019332 10626351 18063 73346 148255 111772 95276 446712 76977 84053 17872 2803 181705 12274100 9816053 0.86580 0.85700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 178 178 0 PART II-B, LINE 1: JOINT MEMBERSHIP WITH LEADINGAGE MASSACHUSETTS. 0 1 X 297500 297500 1445902 735024 710878 772957 745105 27852 1036230 DUE FROM AFFILIATES 1628115 FUNDS HELD IN TRUST 143647 PROJECTS UNDER DEVELOPMENT 15492352 17264114 DUE TO RELATED PARTIES 1801820 1801820 X PART IV, LINE 2B: THE ACCOUNTS WERE ESTABLISHED IN ACCORDANCE WITH SOCIAL SECURITY ADMINISTRATION AND VETERANS ADMINISTRATION REGULATIONS TO RECEIVE AND DISBURSE SOCIAL SECURITY AND VETERANS BENEFITS OF PARTICIPANTS WHO REQUIRE ASSISTANCE IN THE MANAGEMENT OF THEIR BENEFITS. PART X, LINE 2: HEARTH 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 STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. HEARTH HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2020. HEARTH'S INFORMATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. X 0 0 0 0 0 0 0 0 0 MARK D HINDERLIE PRESIDENT & CEO 175600 0 0 0 0 0 0 0 3283 0 178883 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS APPROVE THE PRESIDENT & CEO'S COMPENSATION. X PPE SUPPLIES 23 17032 FMV X FOOD AND SUPPLIES 39 7155 FMV X GIFT CARDS 37 5950 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD, PLUS THE ELECTED CHAIR, VICE-CHAIR, TREASURER AND CLERK ALONG WITH THE PAST CHAIR. THE STANDING COMMITTEES ARE NOMINATING, INSTITUTIONAL ADVANCEMENT, REAL ESTATE, INVESTMENT AND FINANCE. ALL ARE ELECTED. WHILE THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD ON ALL MATTERS, OUR POLICY AND PRACTICE IS THAT WHEN THE EXECUTIVE COMMITTEE DEEMS A MATTER TO BE OF SUFFICENT SIGNIFICANCE, SUCH MATTER WILL BE BROUGHT TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO SENIOR MEMBERS OF THE EXECUTIVE/FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS AND ALL OFFICERS SIGN AND ACKNOWLEDGE THEY ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND MUST LIST ANY ITEMS THAT MIGHT CREATE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE OF THE BOARD WILL MEET AND EVALUATE THE COMPENSATION OF KEY EMPLOYEES AND OFFICERS, INCLUDING THE PRESIDENT/CEO. FOR THE REVIEW OF THE PRESIDENT/CEO, THE BOARD CHAIR WILL CLOSELY REVIEW A SELF-EVALUATION COMPLETED BY THE PRESIDENT/CEO, COVERING ALL ASPECTS OF THE ORGANIZATION'S PERFORMANCE, AND PRESENTS HIS OR HER ASSESSMENT OF THAT EVALUATION. FOR THE COO, CFO, AND DIRECTOR OF INSTITUTIONAL ADVANCEMENT, THIS PROCESS IS UNDERTAKEN BY THE CEO AND PRESENTED TO THE COMMITTEE WITH HIS ASSESSMENT ALONG WITH INFORMATION REGARDING INDUSTRY AND AREA COMPENSATION LEVELS FOR SIMILAR ROLES. ANY COMPENSATION CHANGES RESULTING FROM THIS PROCESS WILL BE APPROVED BY THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 HEARTH, INC. IS NOT REQUIRED TO MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS PUBLIC. THESE DOCUMENTS ARE AVAILABLE ONLY UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XII, LINE 2C: THE EXECUTIVE/FINANCE COMMITTEE ASSUMES RESPONSIBILITY OF OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. HEARTH AT BURROUGHS LLC 1640 WASHINGTON STREET BOSTON MA 02118 043206820 LOW INCOME RENTAL MA 152004 1239032 HEARTH INC HEARTH FOUR CORNERS LLC 1640 WASHINGTON STREET BOSTON MA 02118 815267286 LOW INCOME RENTAL MA 0 16154781 HEARTH INC EAST CONCORD LIMITED PARTNERSHIP 1640 WASHINGTON STREET BOSTON MA 02118 043288011 OPERATE 41 UNITS OF ASSIS. LIVING HOUSING FOR QUALIFIED LOW-INCOME RESIDENTS MA CEEH E CONCORD INC RELATED 246374 4238708 0 0 0.99000 HEARTH OLMSTED LIMITED PARTNERSHIP 1640 WASHINGTON STREET BOSTON MA 02118 273902520 OPERATE 59 UNITS OF ASSIS. LIVING HOUSING FOR QUALIFIED LOW-INCOME RESIDENTS MA N/A N/A 0 0 RUGGLES ASSISTED LIVING LIMITED PARTNERSHIP 1640 WASHINGTON STREET BOSTON MA 02118 043519729 OPERATE 43 UNITS OF ASSIS. LIVING HOUSING FOR QUALIFIED LOW INCOME RESIDENTS MA NCS RUGGLES INC RELATED -494853 2928487 0 0 0.99900 CEEH E CONCORD INC 1640 WASHINGTON STREET BOSTON MA 02118 043288009 LOW INCOME RENTAL MA HEARTH INC C -1000 0.79000 1 NCS RUGGLES INC 1640 WASHINGTON STREET BOSTON MA 02118 043519728 LOW INCOME RENTAL MA HEARTH INC C -1677 1.00000 1 HEARTH OLMSTED MANAGER LLC 1640 WASHINGTON STREET BOSTON MA 02118 273901873 LOW INCOME RENTAL MA HEARTH INC C -1468 51553 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1