2017-09-22T14:37:14-05:00 2017-03-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2016-04-01 020455301 Manchester Neighborhood Housing Services Inc MANC 6036264663 PO Box 3968 Manchester NH 03105 Robert Tourigny Executive Director 6036264663 2017-09-18 1 Barbara J McGuan CPA P00219457 2077752387 2017-09-14 69.49.157.66 2017-09-18 14:00:28 ED P 451F5CEBE78E51B3DE2BB14941F073491750FC72 2F6A6628984E28F532C67895704E4F1F38634DDA 2016 2021-01-29 14:40:06Z NeighborWorks Southern New Hampshire Robert Tourigny PO Box 3968 Manchester NH 03105 2260643 0 X www.nwsnh.org X 1992 NH Low Income Housing 9 9 18 1850 0 0 803621 646327 544877 1461747 325 271 72780 99399 1421603 2207744 19986 19631 0 0 1030080 1117816 0 0 236318 467822 510065 1517888 1647512 -96285 560232 9077833 8746400 2079555 2039087 6998278 6707313 X NeighborWorks Southern New Hampshire enhances people's lives and the community environment by providing access to quality housing services, revitalizing neighborhoods and supporting opportunities for personal empowerment. The target market for NeighborWorks (NWSNH) services is very low, low, and moderate income individuals and families who are at a disadvantage for achieving economic stability, such as single mothers, immigrants and the working poor. Our goal is to help disadvantaged families build assets and achieve greater economic stability so they may escape a cycle of financial struggle or poverty and build a better future for their families and also the communities in which they live. NeighborWorks does this through a focus on affordable housing and community development. For FY2016, approximately 1,850 individuals benefited from services provided by NeighborWorks. 0 0 589104 88515 Home Ownership - offering a panoply of educational seminars, workshops and one-on-one counseling to help individuals and families understand critical components of homeownership, including its financial responsibilities, maintenance and upkeep of a home, and the process and elements of purchasing a home,including consideration of whether home purchase is a prudent choice at this time. NeighborWorks also offers group foreclosure prevention and intervention counseling workshops and one-on-one follow up counseling for individuals in danger of losing their home to foreclosure. NeighborWorks is a HUD-approved counseling agency and is authorized as a mortgage lender to provide lending products to income-qualified clients. The Education/Counseling programs include: First-time homebuyer, landlord training, financial capabilities, foreclosure prevention and intervention counseling, and HECM (Reverse Mortgage) counseling. 561001 19631 1455640 Neighborhood Development - activities to develop affordable housing for sale or rent and create/facilitate community and neighborhood-based activities and initiatives to engage tenants and residents in their community and/or revitalize neglected neighborhoods. 1150105 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 21 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 NH X Diane Brewster 6036264663 PO Box 3968 Manchester NH 03105 Carol Willoughby Past Secretary 2.00 X X 0 0 0 Justin Boufford Past Board Member 2.00 X 0 0 0 Rich Clegg Treasurer 2.00 X X 0 0 0 Kerrie Diers Chair 2.00 X X 0 0 0 Thomas Garner Vice Chair 2.00 X X 0 0 0 Colleen Lyons Board Member 2.00 X 0 0 0 James Vayo Secretary 2.00 X X 0 0 0 Jason Rivers Board Member 2.00 X 0 0 0 Jennifer Czsyz Board Member 2.00 X 0 0 0 Thomas Breslawski Board Member 2.00 X 0 0 0 Beth Jellison Board Member 2.00 X 0 0 0 Robert Tourigny Executive Director 30.00 10.00 X 117152 0 10190 117152 0 10190 1 0 0 0 0 50000 225034 371293 646327 Rental Income from K-1 900099 851197 851197 Program Revenue 900099 475176 475176 Interest Income on Loa 900099 84204 84204 Rental Income 900099 47097 47097 Miscellaneous Revenue 900099 4073 4073 1461747 271 271 42405 42405 0 0 27485 10494 16991 16991 Bad Debt Recoveries 900099 82408 82408 82408 2207744 1544155 0 17262 19631 19631 127342 127342 775653 571817 42861 160975 32708 23169 2768 6771 112003 79893 11678 20432 70110 52432 5458 12220 2367 2303 19 45 38598 30256 2490 5852 33473 20461 3449 9563 4395 4277 35 83 68161 56809 4707 6645 125523 120532 1490 3501 9806 9406 99 301 9298 7566 606 1126 2500 2500 59045 51034 2391 5620 32191 30485 509 1197 Loss on Disposal 54238 54238 Staff Training 22622 21382 376 864 Miscellaneous 19694 18233 498 963 Bad Debt 19199 19199 0 0 8955 8720 75 160 1647512 1150105 261089 236318 X 2756954 3236078 160319 160098 609217 182053 2308776 2173674 53746 45000 1177098 276700 1032781 900398 321146 330200 1834894 1718899 9077833 8746400 141877 119800 625 0 211538 211538 1725515 1707749 2079555 2039087 X 5494890 5243546 1413388 1463767 90000 0 6998278 6707313 9077833 8746400 X 560232 -851197 X 0 1 X 1 1 1 X 1198745 1954936 1532762 803621 646327 6136391 1198745 1954936 1532762 803621 646327 6136391 6136391 1903 914 614 325 271 4027 11225 8222 12346 16991 48784 1644000 223242 128573 60434 82408 2138657 8327859 4013423 0.73690 0.77880 X Schedule A, Part II, Line 10, Explanation for Other Income: Bad Debt Recovery: 2013 Amount: $ 223,242 2014 Amount: $ 128,573 2015 Amount: $ 60,434 2016 Amount: $ 82,408 Forgiveness of Debt: 2012 Amount: $ 1,644,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109200 109200 604568 106784 497784 1225 1225 0 91461 74847 16614 370644 93844 276800 900398 Restricted Deposits 637430 Due from Related Parties 1081469 1718899 Contractual Advances 1210025 Contingent Loans and Advances 492903 Due to related parties 4821 1707749 1327420 14617 -894941 -880324 2207744 0 2207744 1618385 14617 10494 25111 1593274 54238 54238 1647512 Part XI, Line 2d - Other Adjustments: Rental Income from Renaissance I, LP K-1 -746,962. Rental Loss from Renaissance II, LP K-1 70,056. Rental Income from Renaissance IV, LP K-1 -174,291. Fundraising Expenses 10,494. Loss on Disposal -54,238. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 10,494. Part XII, Line 4b - Other Adjustments: Loss on Disposal 54,238. Goodwin Award Reception 27485 27485 10494 27485 27485 10494 10494 16991 1 NWGM Title Holding Company III Inc PO Box 3968 Manchester NH 03105 460604595 501(c)(2) 19631 Purchase and rehab of 801 Elm Street property. Part I, Line 2: Grantee is a controlled related entity with financial oversight done by the parent organization. Form 990, Part VI, Section A, line 6 The Board of Directors of the Corporation shall comprise the members for legal purposes. Form 990, Part VI, Section A, line 7a An annual meeting of the Board of Directors of the Corporation, at which the Board of Directors shall elect persons to serve on the Board of Directors shall be held each year within 30 days of the fiscal year end or at such time as the Board of Directors shall designate. Vacancies in the Board of Directors, howsoever existing or arising, shall be filled by the affirmative vote of the majority of all remaining Directors then in office. The Board of Directors and the Nominating Committee shall act in order to assure that no vacancy exists for more than sixty (60) calendar days. Form 990, Part VI, Section B, line 11b A draft of IRS Form 990 is reviewed by the Executive Director and Chief Operating Officer of NeighborWorks Southern New Hampshire (NWSNH). Once reviewed by management, the draft of IRS Form 990 is reviewed by NWSNH's Audit Committee. IRS Form 990 is then forwarded to all members of the Board of Directors. Once reviewed by management, the Audit Committee, and members of the Board of Directors, a final copy is issued and filed in a timely manner with the IRS. Form 990, Part VI, Section B, line 12c NeighborWorks Southern New Hampshire (NWSNH) has a conflict of interest policy because an organization's reputation for integrity is its most valuable asset and is directly related to the conduct of its officers and employees. It is stated in the policy that officers and employees must never use their positions with NeighborWorks for private gain, to advance personal interests or to obtain favors or benefits for themselves, members of their families or any other business entities. Each year, a conflict of interest questionnaire is distributed to all board members and board members are required to complete and sign the questionnaire. This questionnaire is designed to assist NWSNH to comply with the law as it pertains to instances of pecuniary benefit transactions and to allow its directors to understand the law and comply with it. A full disclosure is requested from each officer regarding financial transactions and family member transactions regarding NeighborWorks. If there is a conflict of interest regarding a board member and certain financial transactions of the organization, the board member is required to abstain from voting on any related financial transactions. The board member with pecuniary benefit is asked to leave the board room/meeting and it is disclosed to all board members that there is a pecuniary benefit to said board member. Board members are free to discuss this transaction and vote accordingly before the board member rejoins the meeting. Form 990, Part VI, Section B, line 15a Executive Director compensation is determined by an executive committee with the use of a compensation survey. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Manchester Neighborhood Housing Services, Inc. PO Box 3968, Manchester, NH 03105 EIN 02-0455301 Manchester Neighborhood Housing Services, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Rental income from various K-1s -851,197. NWGM Title Holding Renaissance I LLC PO Box 3968 Manchester NH 03105 020455301 Management of Rental Housing NH 0 Manchester Neighborhood Housing Services Inc NWGM Title Holding Co LLC PO Box 3968 Manchester NH 03105 020455301 Management of Rental Housing NH 30101 985345 Manchester Neighborhood Housing Services Inc NWGM Title Holding Renaissance II LLC 801 Elm Street Manchester NH 03101 462851112 Management of Rental Housing NH 0 0 Manchester Neighborhood Housing Services Inc NWGM Title Holding Renaissance IV LLC 801 Elm Street Manchester NH 03101 462866449 Management of Rental Housing NH 0 0 Manchester Neighborhood Housing Services Inc NWGM Title Holding Co II Inc PO Box 3968 Manchester NH 03105 454933071 Management of Rental Activity NH 501(c)(2) Manchester Neighborhood Housing Services Inc 1 NWGM Title Holding Co III Inc PO Box 3968 Manchester NH 03105 460604595 Land and Building Renovation NH 501(c)(2) Manchester Neighborhood Housing Services Inc 1 Renaissance I Limited Partnership PO Box 3968 Manchester NH 03105 020467273 Rental Activity NH NWGM Title Holding Renaissance I LLC Rental 746962 0 0 0.99000 Renaissance II Limited Partnership PO Box 3968 Manchester NH 03105 020475263 Rental Activity NH NWGM Title Holding Renaissance II LLC Rental -70056 0 0 0.99000 Renaissance IV Limited Partnership PO Box 3968 Manchester NH 03105 200500442 Rental Activity NH NWGM Title Holding Renaissance IV LLC Rental 174291 0 0 0.99000 RENEW I Limited Partnership PO Box 3968 Manchester NH 03105 473117969 Rental Activity NH NWSNH RENEW I Corp Rental 0 0 0.99000 1382 Elm Street Corporation PO Box 3968 Manchester NH 03105 020500922 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -19 699058 1.00000 1 Abingdon Square Corporation PO Box 3968 Manchester NH 03105 383802422 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C 16190 100 1.00000 1 Cedar Beech Corporation PO Box 3968 Manchester NH 03105 020459653 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C 94717 1.00000 1 Hidden Pond Corporation PO Box 3968 Manchester NH 03105 454551860 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -25 1.00000 1 Manchester Neighborhoods Inc PO Box 3968 Manchester NH 03105 020475261 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -1112 0.79000 1 Phoenix Housing Corporation PO Box 3968 Manchester NH 03101 020519225 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C 83 0.79000 1 Silver Shoe Corporation PO Box 3968 Manchester NH 03105 201702999 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -25 1.00000 1 St Casimir Corporation 20 Merrimack Street Manchester NH 03105 455063851 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -14 1.00000 1 Straw Apartments Corporation PO Box 3968 Manchester NH 03105 020698552 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -21 1.00000 1 Tree Street Corporation PO Box 3968 Manchester NH 03105 020500442 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -46511 0.79000 1 Tricorner Corporation PO Box 3968 Manchester NH 03105 020500857 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -83565 0.79000 1 Whitehall Road NWGM Corporation PO Box 3968 Manchester NH 03105 272026658 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -12 100 1.00000 1 NWSNH RENEW I Corp 801 Elm Street Manchester NH 03101 473117861 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C 1.00000 1 Whittemore Place I Corporation PO Box 3968 Manchester NH 03105 465655303 Management of Rental Housing NH Manchester Neighborhood Housing Services Inc C -25 100 1.00000 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 NWGM Title Holding Company III Inc D 903468 FMV RENEW 1 LP D 133711 FMV NWGM Title Holding Company III Inc K 69826 FMV Part IV, Identification of Related Organizations Taxable as Corp or Trust: Whittemore Place I Corporation (Whittemore Place) is wholly-owned by Manchester Neighborhood Housing Services, Inc. Absent this election, Whittemore Place would be considered a "tax-exempt entity" by virtue of being a "tax-exempt controlled entity", as that term is defined under IRC Sec. 168(h)(6)(F)(iii), for purposes of applying code Secs. 167 and 168. Pursuant to IRC Sec. 168(h)(6)(F)(ii), Whittemore Place elects to not be treated as a tax-exempt entity, with the result that any gain recognized by Manchester Neighborhood Housing Services, Inc. on a disposition of an interest in Whittemore Place, or from any dividends or interest it may receive from Whittemore Place, will be treated as unrelated business income under IRC Sec. 511. Name, Address, and EIN: Whittemore Place I Corporation, C/O Neighborworks Southern NH P.O. Box 3968, Manchester, NH 03105, EIN: 46-5655303 Election to be effective for the year ended December 31, 2014 and future years.