2019-10-24T13:22:20-05:00 2018-12-31 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2018-01-01 042313571 HARBORLIGHT COMMUNITY PARTNERS INC HARB 9782221305 PO BOX 507 BEVERLY MA 019154566 ANDREW DEFRANZA EXECUTIVE DIRECTOR 9789221305 2019-10-21 1 EDWARD MCNEIL P00090108 6176481400 2019-10-21 209.3.217.20 2019-10-21 11:03:14 ED P 93396552AFAF91AF77E528A28A0008F30837EABC 0FC5460241256066D74A2C5C66FD8B85E1F8608D 2018 2020-01-14 16:20:31Z ANDREW DEFRANZA PO BOX 507 BEVERLY MA 019154566 4387230 0 X HARBORLIGHTCP.ORG X 1964 MA HARBORLIGHT COMMUNITY PARTNERS PROVIDES AFFORDABLE HOUSING WITH SERVICES PRIMAILY FOR LOW AND MODERATE INCOME POPLE IN SOURTHERN ESSEX COUNTY, IN ADDITION, IT PROVIDES PROVIDES PROPERTY MANAGEMENT AND OTHER SERVICES TO NON-PROFIT ORGANIZATIONS. 23 21 37 75 0 0 1170645 767236 2403077 2823604 118992 147444 0 68166 3692714 3806450 0 0 0 0 1976174 1720253 0 0 247550 1351171 1630354 3327345 3350607 365369 455843 20165795 19757193 14084555 13360736 6081240 6396457 RBORLIGHT COMMUNITY PARTNERS PROVIDES AFFORDABLE HOUSING WITH SERVICES PRIMAILY FOR LOW AND MODERATE INCOME POPLE IN SOURTHERN ESSEX COUNTY, IN ADDITION, IT PROVIDES PROVIDES PROPERTY MANAGEMENT AND OTHER SERVICES TO NON-PROFIT ORGANIZATIONS. 0 0 2835940 2833719 MANAGED AND/OR DEVELOPED AFFORDABLE HOUSING FOR OVER 500 LOW AND MODERATE INCOME PEOPLE IN ESSEX COUNTY. THIS INCLUDES TURTLE CREEK, MODERATE INCOME PEOPLE IN ESSEX COUNTY. THIS INCLUDES TURTLE CREEK, TURTLE WOODS, HARBORLIGHT HOUSE, HEART HOMES, WE CARE ABOUT HOMES, WHIPPLE RIVERVIEW PLACE,COTTON MILL COOP, ROCKPORT HIGH SCHOOL, PIGEON COVE LEDGES, AND FIREHOUSE PLACE. IT ALSO INCLUDED DEVELOPMENT WORK FOR MAPLE WOODS, GRANITE STREET CROSSING, ANCHOR POINT AND BOSTON STREET CROSSING. 2835940 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 41 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 21 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X TIM DONOVAN 9782221305 PO BOX 507 BEVERLY MA 019154566 ALAN TEMKIN DIRECTOR 1.00 4.00 X 0 0 0 STACY RANDELL DIRECTOR 1.00 4.00 X 0 0 0 ROBERT GILLIS PRESIDENT 1.00 4.00 X X 0 0 0 PETER SIMONSEN TREASURER 1.00 4.00 X X 0 0 0 PAM CONSTANTINE DIRECTOR 1.00 4.00 X 0 0 0 MICHAEL SCHAAF DIRECTOR 1.00 4.00 X 0 0 0 KURT JAMES VICE PRESIDENT 1.00 4.00 X 0 0 0 SUZANNE GRUHL DIRECTOR 1.00 4.00 X 0 0 0 JOHN THOMSON CLERK 1.00 4.00 X X 0 0 0 JACK ALVES DIRECTOR 1.00 4.00 X 0 0 0 DON KELLEY DIRECTOR 1.00 4.00 X 0 0 0 DEBRA MALLON DIRECTOR 1.00 4.00 X 0 0 0 CATHERINE SCHLICHTE DIRECTOR 1.00 4.00 X 0 0 0 BILL SCANLON DIRECTOR 1.00 4.00 X 0 0 0 BETH LOUGHHEAD DIRECTOR 1.00 4.00 X 0 0 0 ANDREW DEFRANZA EXECUTIVE DIRECTOR 40.00 4.00 X X 214224 0 14535 KAREN POPADIC DIRECTOR 1.00 4.00 X 0 0 0 TRACEY ARMSTRONG DIRECTOR 1.00 4.00 X 0 0 0 KATE DESMOND DIRECTOR 1.00 4.00 X 0 0 0 KEN REDFORD CFO PAST 40.00 4.00 X 143307 0 8827 357531 0 23362 2 1 1 0 0 20000 10925 736311 767236 SITE SUPPORT 900099 897712 897712 TENANT RENT 531110 897106 897106 DEVELOPER FEES 900099 484889 484889 MANAGEMENT FEES 541610 454851 454851 PROGRAM SERVICE FEE 541900 89046 89046 2823604 152132 152132 43486 0 43486 43486 43486 511352 516040 -4688 -4688 -4688 79305 10925 64740 14565 14565 TENNANT CHARGES 531110 5300 5300 MISC. REVENUE 900099 4815 4815 10115 3806450 2833719 0 205495 380893 289647 56045 35201 952056 719816 141903 90337 19937 15062 2458 2417 159106 125847 22913 10346 208261 179557 20298 8406 24702 24702 8007 8007 35694 12194 23500 18048 18048 2720 2720 400 400 114826 44569 70257 20533 20533 159079 159079 4210 4210 18133 18133 180209 180209 272924 272924 37891 37891 FINANCIAL SERVICES 204048 204048 SOCIAL SERVICES 155791 155791 REPAIRS & MAINTENANCE 153296 153296 FUNDRAISING EXPENSE 152411 121825 30586 67432 67432 3350607 2835940 267117 247550 496879 617097 1098234 586329 209658 111316 33053 2393574 2460085 26998 12939 16573446 2678483 10489158 13894963 1277253 1667332 3784 3782 88158 80629 4180441 191326 20165795 19757193 835721 378629 51 1037 1503531 1463551 11624922 11485559 120330 31960 14084555 13360736 X 5971629 6396457 109611 0 6081240 6396457 20165795 19757193 455843 -143954 3328 0 X X 0 1 X 1 1 1 X 602501 964903 1533351 1170645 767236 5038636 3094039 2125373 2915025 2403077 2449107 12986621 3696540 3090276 4448376 3573722 3216343 18025257 20368 20368 0 20368 20368 18004889 43098 824861 77129 118992 195618 1259698 43098 824861 77129 118992 195618 1259698 37354 44709 54747 45885 89420 272115 3776992 3959846 4580252 3738599 3501381 19557070 0.92060 0.94420 0.06440 0.05580 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2014 AMOUNT: $ 37,354. 2015 AMOUNT: $ 44,709. 2016 AMOUNT: $ 54,747. 2017 AMOUNT: $ 45,885. 2018 AMOUNT: $ 79,305. TENNANT CHARGES - 2018 AMOUNT: $ 5,300. MISC - 2018 AMOUNT: $ 4,815. 5424748 5424748 9082871 2407358 6675513 60815 60815 0 2005012 210310 1794702 13894963 TENANT SECURITY DEPOSITS 29081 DUE TO RELATED PARTY 2879 31960 X PART X, LINE 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN 12 MONTHS OF DECEMBER 31, 2018. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. EACH ENTITY'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2015 REMAIN OPEN. DINNER 90230 10925 79305 21845 42895 90230 10925 79305 21845 42895 64740 14565 X X 0 0 0 0 0 0 0 1 0 ANDREW DEFRANZA EXECUTIVE DIRECTOR 145086 0 43943 0 25195 0 5108 0 9427 0 228759 0 0 0 KEN REDFORD CFO PAST 127334 0 2403 0 13570 0 1761 0 7066 0 152134 0 0 0 PART I, LINE 7 AMOUNTS IN COLUMN B(II) REPRESENT BONUS PAYMENTS. THERE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S 2018 W-2'S. A BOSTON PRIVATE BANK 2011-08-03 1724506 AFFORDABLE HOUSING PURCHASES 0 0 0 A 260955 1724506 1724506 1 0 0 1 A 0 1 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE MEMBER OF HARBORLIGHT COMMUNITY PARTNERS, INC.: FIRST BAPTIST CHURCH. THE CHURCH HAS ULTIMATE CONTROL. FORM 990, PART VI, SECTION A, LINE 7A ULTIMATELY ALL DECISIONS COULD BE SUBJECT TO MEMBER APPROVAL. IN OPERATION, THE GOVERNING BODY'S DECISION ABOUT DIRECTORS AND OFFICERS IS SUBJECT TO MEMBER APPROVAL ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B ULTIMATELY ALL DECISIONS COULD BE SUBJECT TO MEMBER APPROVAL. IN OPERATION, THE GOVERNING BODY'S DECISION ABOUT DIRECTORS AND OFFICERS IS SUBJECT TO MEMBER APPROVAL ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B: AN ELECTRONIC VERSION OF THE DRAFT FORM 990 IS CIRCULATED TO THE ENTIRE BOARD. BOARD MEMBERS MAY RECEIVE A HARD COPY OF THE DRAFT FORM 990 UPON REQUEST. PRIOR TO FILING ALL COMMENTS ARE ANSWERED AND A VOTE OF APPROVAL IS REQUIRED OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST POLICY MUST BE SIGNED AND SUBMITTED BY DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE CREATED A REVIEW REPORT OF THE EXECUTIVE DIRECTOR'S COMPENSATION. IN ORDER TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR THE EXECUTIVE COMMITTEE USED COMPARABLE DATA AS WELL AS RECEIVING A RECOMMENDATION FROM CHARITY NAVIGATOR. THE EXECUTIVE COMMITTEE THEN MADE A RECOMMENDATION TO THE BOARD AND THE BOARD VOTED ON THE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION'S 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. ANCHOR POINT LLC PO BOX 507 BEVERLY MA 01915 001286667 AFFORDABLE HOUSING FOR THE ELDERLY, DISABLED AND HANDICAPPED RESIDENTS MA 13 3 N/A GRANITE STREET CROSSING LLC POB 507 BEVERLY MA 01915 813037590 AFFORDABLE HOUSING FOR THE ELDERLY, DISABLED AND HANDICAPPED RESIDENTS MA 0 2 N/A MAPLE WOODS HOUSING LLC POB 507 BEVERLY MA 01915 001139242 AFFORDABLE HOUSING FOR THE ELDERLY, DISABLED AND HANDICAPPED RESIDENTS MA -62 -62 N/A WHIPPLE ANNEX HOUSING LLC POB 507 BEVERLY MA 01915 204496633 AFFORDABLE HOUSING FOR THE ELDERLY, DISABLED AND HANDICAPPED RESIDENTS MA -24106 -113364 N/A FIREHOUSE PLACE INC PO BOX 507 BEVERLY MA 01915 273491241 LOW INCOME HOUSING MA 501(C)(3) LINE 7 N/A 0 FIRST BAPTIST CHURCH IN BEVERLY 221 CABOT STREET BEVERLY MA 01915 042253860 CHURCH MA 501(C)(3) LINE 1 N/A 0 HARBORLIGHT NURSERY SCHOOL 221 CABOT STREET BEVERLY MA 01915 042883700 PRE-SCHOOL MA 501(C)(3) LINE 2 N/A 0 MARBLEHEAD COMMUNITY HOUSING CORPORATION PO BOX 507 BEVERLY MA 01915 043176887 LOW INCOME ELDERLY HOUSING MA 501(C)(3) LINE 11 N/A 0 ROCKPORT AFFORDABLE HOUSING INC PO BOX 507 BEVERLY MA 01915 273491179 LOW INCOME ELDERLY HOUSING MA 501(C)(3) LINE 7 N/A 0 TURTLE WOODS CORPORATION 339 ESSEX STREET BEVERLY MA 01915 043183212 LOW INCOME ELDERLY HOUSING MA 501(C)(3) LINE 7 N/A 0 TURTLE CREEK HOUSING LLC PO BOX 507 BEVERLY MA 01915 364773123 AFFORDABLE HOUSING MA N/A HARBORLIGHT CREEK HOUSING LLC PO BOX 507 BEVERLY MA 01915 474277323 AFFORDABLE HOUSING MA N/A BOSTON STREET CROSSING LLC PO BOX 507 BEVERLY MA 01915 814311188 AFFORDABLE HOUSING MA N/A TURTLE CREEK HOUSING MM LLC 283 ELLIOTT STREET BEVERLY MA 01915 464088797 AFFORDABLE HOUSING MA HABRORLIGHT COMMUNITY PARTNERS C -11 0.55000 0 HARBORLIGHT HOUSE MM LLC PO BOX 507 BEVERLY MA 01915 474346546 AFFORDABLE HOUSING MA HABRORLIGHT COMMUNITY PARTNERS C -17 0.79000 0 BOSTON STREET CROSSING MM LLC PO BOX 507 BEVERLY MA 01915 822482419 AFFORDABLE HOUSING MA HABRORLIGHT COMMUNITY PARTNERS C -20 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 1 1 HARBORLIGHT HOUSE LLC D 1530830 ACCRUAL BOSTON STREET CROSSING LLC D 212849 ACCRUAL TURTLE CREEK HOUSING LLC L 272695 ACCRUAL