2020-06-08T14:16:28-05:00 2019-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990PF 2019-01-01 046111819 HISTORIC BOSTON INCORPORATED HIST 6174421859 20 EUSTIS STREET ROXBURY MA 02119 KATHY KOTTARIDIS EXECUTIVE DIRECTOR 6174421959 2020-06-08 1 SORIE KABA CPA P01317106 5083669100 2020-06-08 2019 2022-09-23 18:48:47Z X 14625459 X 170426 16436 16436 16436 1076920 1076920 1076920 200752 -3257 52784 0 0 7396 7396 7396 1267921 1100752 1100752 152238 0 124010 28228 272596 30208 222051 50545 43736 1354 35627 8109 11058 2010 11058 0 231871 71280 231871 0 115354 61025 115354 0 41826 31341 41826 0 248823 221609 243040 5783 148114 147109 148114 254193 230072 254193 0 19027 28 2113 16914 11552 821 9410 2142 141588 79311 123222 18366 1691976 876168 1561889 130087 0 0 1691976 876168 1561889 130087 -424055 224584 0 1220083 436508 436508 72987 23108 23108 156042 81900 124214 74142 74142 243333 287333 287333 4476484 3056828 2479656 1419656 1419656 25582 13073 13073 291343 388012 388012 192862 191929 191929 36851 25933 25933 8446610 2779345 5240791 5667265 8446610 3311471 3319155 3319155 13239173 11846114 14625459 341229 192864 2788428 2679783 233396 185601 3363053 3058248 X 8373651 7559685 1502469 1228181 9876120 8787866 13239173 11846114 9876120 -424055 185801 9637866 850000 8787866 VARIOUS SALES OF INVESTMENTS P 2018-12-31 2019-12-31 52784 56041 -3257 -3257 -3257 -3257 X 1984-06-24 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 MA 1 1 0 1 0 1 WWW.HISTORICBOSTON.ORG KATHY KOTTARIDIS 6174421859 20 EUSTIS STREET ROXBURY MA 02119 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 KATHY KOTTARIDIS 20 EUSTIS STREET ROXBURY MA 02119 EXECUTIVE DIRECTOR 40.00 152238 9210 0 EMILY AXELROD 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 BRIAN AWE 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 BARBARA BOYLAN 20 EUSTIS STREET ROXBURY MA 02119 VICE PRESIDENT 1.00 0 0 0 MARLA CURTIS 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR (LEFT DURING 2019) 1.00 0 0 0 MICHAEL DURAND 20 EUSTIS STREET ROXBURY MA 02119 CLERK 1.00 0 0 0 MICHAEL FELDMAN 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 CHEISS GARRUS 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR (LEFT DURING 2019) 1.00 0 0 0 THOMAS GOEMAAT 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR (LEFT DURING 2019) 1.00 0 0 0 DAVID HACIN 20 EUSTIS STREET ROXBURY MA 02119 CLERK (LEFT DURING 2019) 1.00 0 0 0 FELICIA JACQUES 20 EUSTIS STREET ROXBURY MA 02119 TREASURER 1.00 0 0 0 JAMES LABECK 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 DEREK LUMPKINS 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 KATHLEEN MACNEIL 20 EUSTIS STREET ROXBURY MA 02119 PRESIDENT 1.00 0 0 0 PAUL MCDONOUGH 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 HENRY MOSS 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 RICHARD BEAL 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 KARILYN CROCKETT 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 JULIE PAUL BROWN 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 BROOKE WOODSON 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 SHAURYA BATRA 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR OF RE DEVEL 40.00 121917 367 0 LISA LEWIS 20 EUSTIS STREET ROXBURY MA 02119 SENIOR PROJECT MANAG 40.00 101153 9101 0 0 MJ MAWN INC 595 WASHINGTON STREET EAST WALPOLE MA 02032 CONSTRUCTION 333325 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 ACCOUNTING SERVICES 213317 AAFCPAS 50 WASHINGTON STREET WESTBOROUGH MA 01581 AUDIT/TAX 88687 HACIN ASSOCIATES 500 HARRISON AVE 4F BOSTON MA 02118 ARCHITECT SERVICES 69812 0 RENTAL: RENTAL PROPERTY CONSISTS OF THREE HISTORIC PROPERTIES, ALL REDEVELOPED BY HBI. THE OLD CORNER BOOKSTORE, IS A COMMERICAL BUILDING ON THE OFFICIAL FREEDOM TRAIL SITE IN DOWNTOWN BOSTON WITH RETAIL AND OFFICE SPACE. THE VERTULLO BUILDING, THE OLDEST AND ONLY SURVIVING WOODEN COMMERICAL BUILDING IN THE CLARY AND LOCAN SQUARES COMMERICAL DISTRICT OF HYDE PARK, CONTAINS FIVE SMALL BUSINESSES AND FOUR UPPER STORY RESIDENTIAL UNITS. THE EUSTIS FIREHOUSE BUILDING, THE OLDEST REMAINING FIREHOUSE IN BOSTON, BUILT IN 1859, IS OPERATED AS COMMERCIAL OFFICE SPACE. 876168 REAL ESTATE DEVELOPMENT: REPRESENTS HBI'S EFFORTS TO REDEVELOP AND REHABILITATE AT-RISK HISTORIC PROPERTIES. A PROJECT MAY BE UNDER REVIEW, WITH UNDERWRITING AND PRE-DEVELOPMENT ACTIVITY IN PROCESS FOR ONE OR SEVERAL YEARS, IN ORDER TO PLAN ITS REDEVELOPMENT OR TO CONCLUDE IT IS NOT FEASIBLE. WHEN A PROJECT IS READY FOR REDEVELOPMENT, HBI ARRANGES FINANCING, INVESTMENT AND PRIVATE OR PUBLIC FUNDING AS APPROPRIATE FOR THE PROPERTY TO CARRY OUT THE PLAN. 524382 EASEMENT MONITORING: DESIGNED TO PROTECT SIGNIFICANT RESOURCES IN PERPETUITY FROM UNSYMPATHETIC OR INAPPROPRIATE EXTERIOR OR INTERIOR ALTERATIONS, NEGLECT, OR DEMOLITION BY MEANS OF PRESERVATION RESTRICTION AGREEMENTS. 19163 FOWLER CLARK BRIDGE LOAN 331321 331321 579612 679404 345304 1604320 0 0 1604320 24065 1580255 79013 X 130087 331321 563383 1024791 0 1024791 1984-06-24 X 0 0 27827 0 27827 0 0 23653 0 23653 1024791 2595144 2470605 497206 6587746 0 0 0 0 0 1024791 2595144 2470605 497206 6587746 0 0 52675 50493 55143 27950 186261 0 0 0 0 X 0 0 14 16436 531110 -76514 16 277266 01 -3257 INTEREST ON LOANS 7396 -76514 290445 7396 221327 11A OTHER INCOME REPRESENTS MISCELLANEOUS INCOME EARNED IN CARRYING OUT HBI'S MISSION AND EXEMPT PURPOSE. 11B INTEREST EARNED ON LOANS (PROGRAM RELATED INVESTMENTS) WHICH WERE MADE TO FUND THE RENOVATION OF HISTORIC PROPERTIES. 11C PROJECT MANAGEMENT FEES REPRESENT INCOME EARNED BY HBI IN ITS ROLE AS SPONSOR AND DEVELOPER OF THE DEVELOPMENT PROJECTS. 0 0 0 0 0 0 0 0 0 0 X X 1 BARBARA AND AMOS HOSTETTER THE PILOT HOUSE 2 ATLANTIC AVENUE BOSTON MA 02210 15000 X 2 SUFFOLK CONSTRUCTION C/O SUFFOLK CARES 65 ALLERTON STREE BOSTON MA 02119 5000 X 3 CITY OF BOSTON 26 COURT STREET 9TH FLOOR BOSTON MA 02108 44000 X 4 MCAF WINTHROP LLC 1995 BROADWAY 3RD FLOOR NEW YORK NY 10023 6348 X 5 SHAWMUT WOODWORKING 560 MORRISON AVENUE BOSTON MA 02119 5000 X 6 HACIN ARCHITECTS 500 HARRISON AVENUE 4F BOSTON MA 02118 5000 X 7 MCNEIL FAMILY CHARITABLE TRUST 33 ARCH STREET BOSTON MA 02110 5000 X 8 LORING WOOLCOTT AND COOLIDGE CHARITABLE TRUST 111 PERKINS STREET APT 187 BOSTON MA 02130 5000 X ACCOUNTING SERVICES 160591 0 160591 0 ACCOUNTING FEES 71280 71280 71280 0 ACCOUNTING FEES 0 0 0 0 ROZZIE SUBSTATION LLC 65 WAGON ROAD WESTWOOD MA 02098 2015-12-31 175000 HBI PERFORMED DEVELOPMENT SERVICES IN EXCHANGE FOR A 1% OWNERSHIP INTEREST IN ROZZIE SUBSTATION, LLC. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT OF DEVELOPMENT SERVICES IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. 175000 NONE NOTED OPERATING AGREEMENT DATED 5/30/15 2019-12-31 AS PART OF THEIR EXPENDITURE RESPONSIBILITY PROCESS, HBI VERIFIED THE FOLLOWING:1. THE INVESTMENT REFLECTS PERFORMANCE OF DEVELOPMENT SERVICES, THUS, NO CASH WAS RECEIVED BY THE GRANTEE. THE DEVELOPMENT SERVICES WERE RENDERED IN CONNECTION WITH THE PURPOSE OF THE PROGRAM RELATED INVESTMENT, AS NOTED ABOVE.2. HBI ENTERTED INTO AN OPERATING AGREEMENT, WHEREBY THE TERMS OF THE AGREEMENT OUTLINE THE NATURE OF THE DEVELOPMENT SERVICES AND THE REQUIRED USE OF THE PROJECT. PER REVIEW OF THE TAX FILINGS, INCLUDING HBI'S K-1, HBI WAS ABLE TO CONCLUDE THAT THE INVESTMENT WAS USED TO FUND THE PURCHASE AND CONSTRUCTION OF REAL PROPERTY, WHICH IS IN LINE WITH THE INTENDED USE OF THE FUNDS.3. THE GRANTEE HAS KEPT ADEQUATE BOOKS AND RECORDS AND MADE THEM AVAILABLE TO HBI THROUGHOUT THE YEAR.4. THE DEVELOPMENT SERVICES RENDERED DO NOT RELATE TO CARRYING ON PROPAGANDA, INFLUENCE LEGISLATION, OR INFLUENCE THE OUTCOME OF ANY PUBLIC ELECTIONS OR TO CARRY ON VOTER REGISTRATION DRIVES. FOWLER CLARK FARM LLC 20 EUSTIS STREET ROXBURY MA 02119 2017-12-31 1245000 HBI PROVIDED A BRIDGE LOAN TO FOWLER CLARK FARM LLC FOR FINANCING UP TO $1,245,000, OF WHICH $331,321 WAS EXPENDED AS OF 12/31/19. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. 331321 NONE NOTED PROMISSORY NOTE AGREEMENT DATED 12/28/17 2019-12-31 AS PART OF THEIR EXPENDITURE RESPONSIBILITY PROCESS, HBI VERIFIED THE FOLLOWING:1. THE INVESTMENT WAS USED FOR THE REHABILITATION OF THE HISTORIC PROPERTY, WHICH IS PURPOSE OF THE GRANT.2. HBI ENTERED INTO AN OPERATING AGREEMENT, WHEREBY THE TERMS OF THE AGREEMENT OUTLINE THE NATURE OF THE REHABILITATION PROJECT. HBI RECEIVES INTERNAL FINANCIAL STATEMENTS AND TAX FILINGS ANNUALLY.3. THE GRANTEE HAS KEPT ADEQUATE BOOKS AND RECORDS AND MADE THEM AVAILABLE TO HBI THROUGHOUT THE YEAR. THE BOOKS AND RECORDS OF FOWLER CLARK FARM LLC WERE AUDITED BY AN INDEPENDENT AUDITOR AND INCLUDED IN HBI'S FINANCIAL STATEMENTS AND THUS, HBI IS REASONABLY ASSURED THE MONIES WERE USED FOR ITS INTENDED PURPOSE.4. THE EXPENDITURES MADE WITH THIS FUNDING DO NOT RELATE TO CARRYING ON PROPAGANDA, INFLUENCE LEGISLATION, OR INFLUENCE THE OUTCOME OF ANY PUBLIC ELECTIONS OR TO CARRY ON VOTER REGISTRATION DRIVES. FOWLER CLARK FARM MM LLC 20 EUSTIS STREET ROXBURY MA 02119 2017-12-31 1965464 HBI PROVIDED A CAPITAL CONTRIBUTION TO FOWLER CLARK FARM MM LLC IN THE AMOUNT OF $1,965,464. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. 1965464 NONE NOTED OPERATING AGREEMENT DATED 12/19/17 2019-12-31 AS PART OF THEIR EXPENDITURE RESPONSIBILITY PROCESS, HBI VERIFIED THE FOLLOWING:1. THE INVESTMENT WAS USED FOR THE REHABILITATION OF THE HISTORIC PROPERTY, WHICH IS PURPOSE OF THE GRANT.2. HBI ENTERED INTO AN OPERATING AGREEMENT, WHEREBY THE TERMS OF THE AGREEMENT OUTLINE THE NATURE OF THE REHABILITATION PROJECT. HBI RECEIVES INTERNAL FINANCIAL STATEMENTS AND TAX FILINGS ANNUALLY.3. THE GRANTEE HAS KEPT ADEQUATE BOOKS AND RECORDS AND MADE THEM AVAILABLE TO HBI THROUGHOUT THE YEAR. THE BOOKS AND RECORDS OF FOWLER CLARK FARM MM LLC WERE AUDITED BY AN INDEPENDENT AUDITOR AND INCLUDED IN HBI'S FINANCIAL STATEMENTS AND THUS, HBI IS REASONABLY ASSURED THE MONIES WERE USED FOR ITS INTENDED PURPOSE.4. THE EXPENDITURES MADE WITH THIS FUNDING DO NOT RELATE TO CARRYING ON PROPAGANDA, INFLUENCE LEGISLATION, OR INFLUENCE THE OUTCOME OF ANY PUBLIC ELECTIONS OR TO CARRY ON VOTER REGISTRATION DRIVES. BONDS 191929 191929 EQUITIES 388012 388012 MONEY MARKET FMV 25933 25933 LAND 187119 0 187119 187119 BUILDINGS AND IMPROVEMENTS 5729807 0 5729807 5729807 PROJECTS UNDER DEVELOPMENT 2385772 0 2385772 2385772 FURNITURE AND EQUIPMENT 143912 0 143912 143912 LEGAL FEES 9048 0 9048 0 LEGAL FEES 2010 2010 2010 0 DEFERRED LEASING COSTS, NET 104856 74507 74507 DUE FROM AFFILIATES 188035 239549 239549 INVESTMENT IN AFFILIATE 1687203 1746604 1746604 SECURITY DEPOSITS 233396 185601 185601 PROJECT MANAGEMENT FEE RECEIVABLE, NET 902473 902473 902473 DEFERED RENT RECEIVABLE 195508 170421 170421 PROVISION FOR ALLOWANCE ON NOTES RECEIVABLE 850000 PUBLIC RELATIONS AND ADVERTISING 2722 0 1103 1619 PROGRAM ACTIVITIES 16266 0 15882 384 MISCELLANEOUS 5925 0 3743 2182 OFFICE EQUIPMENT AND SUPPLIES 26597 0 14565 12032 COMMUNICATIONS 10767 0 8618 2149 BAD DEBT 40578 40578 40578 0 OFFICE EQUIPMENT AND SUPPLIES 28 28 28 0 PUBLIC RELATIONS AND ADVERTISING 3150 3150 3150 0 COMMUNICATIONS 556 556 556 0 MISCELLANEOUS 456 456 456 0 BAD DEBT 1846 1846 1846 0 OFFICE EQUIPMENT AND SUPPLIES 1560 1560 1560 0 COMMUNICATIONS 268 268 268 0 MISCELLANEOUS 520 520 520 0 AMORTIZATION 30349 30349 30349 0 INTEREST ON LOANS 7396 7396 7396 UNREALIZED GAIN ON INVESTMENTS 90801 FORGIVENESS OF LONG-TERM DEBT 95000 SECURITY DEPOSITS 233396 185601 PAYROLL SERVICE FEES 3379 0 3379 0 FINANCE AND ADMINISTRATIVE CONSULTANT 0 0 0 0 REAL ESTATE COMMISSIONS 0 0 0 0 OTHER FEES 50950 0 50950 0 PROPERTY MANAGEMENT FEES 54262 54262 54262 0 FINANCE AND ADMINISTRATIVE CONSULTANT 0 0 0 0 PROPERTY MANAGEMENT FEES 6763 6763 6763 0 PAYROLL TAXES 27214 0 21431 5783 REAL ESTATE TAXES 197668 197668 197668 0 PAYROLL TAXES 3973 3973 3973 0 REAL ESTATE TAXES 19968 19968 19968 0