2016-08-24T15:13:48-05:00 2015-12-31 043312453 COCIO & RICHARDSON CPA 21 FRANKLIN STREET QUINCY MA 02169 990 2015-01-01 043260692 WLC HOUSING INC DBA BAUER HOUSE WLCH 6177867601 314 WATER STREET QUINCY MA 021696546 TIMOTHY WISMAR BOARD CHAIR 6177735483 2016-08-23 1 BRENT RICHARDSON P00512960 6177735875 X 2015 2016-12-15 16:53:06Z TIMOTHY WISMAR 314 WATER STREET QUINCY MA 021696546 1054952 0 X N/A X 1995 MA PROVIDE DIGNIFIED QUALITY HOUSING AND RELATED SERVICES TO THE LOW INCOME ELDERLY 12 9 5 3 0 0 0 0 991991 1054346 626 606 0 0 992617 1054952 0 0 0 0 335853 328048 0 0 0 768526 783259 1104379 1111307 -111762 -56355 4000570 3902324 83366 41475 3917204 3860849 PROVIDE QUALITY DIGNIFIED HOUSING AND OTHER SERVICES FOR THE LOW-INCOME ELDERLY 0 0 737470 1054952 BAUER HOUSE PROVIDES DIGNIFIED HOUSING FOR THE LOW-INCOME ELDERLY UNDER AN AGREEMENT WITH THE US DEPT OF HOUSING AND URBAN DEVELOPMENT - 75 UNITS 737470 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 5 1 0 0 0 0 0 0 0 0 0 0 X 12 9 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X The Organization 6177867601 314 WATER STREET QUINCY MA 02169 REVEREND ADOLPH WISMAR JR DIRECTOR 0.20 16.00 X 0 0 0 REVEREND RICHARD LAW DIRECTOR / VICE PRES 20.00 22.00 X X 53036 31877 17730 AARON BURKE DIRECTOR / CLERK 0.30 0.90 X X 0 0 0 REV JAMES KIMMELL DIRECTOR 0.20 0.40 X 0 0 0 MARCIA BAILEY DIRECTOR 0.20 0.40 X 0 0 0 JOYCE MAHN DIRECTOR 0.20 0.70 X 0 0 0 KOMBORERO SHOKO DIRECTOR 0.20 0.70 X 0 0 0 LOLA TOM DIRECTOR 0.20 0.70 X 0 0 0 BARBARA WISMAR DIRECTOR 0.20 0.70 X 0 0 0 TIMOTHY WISMAR DIRECTOR / PRESIDENT 2.00 38.00 X X 20769 115960 31199 JON SKOV DIRECTOR 0.20 1.00 X 0 0 0 STEVE LAW DIRECTOR 0.20 1.00 X 0 20346 1438 73805 168183 50367 0 0 1 0 0 RENT - LOW INC. HOUSIN 531110 974435 974435 ANTENNA INCOME 531110 75111 75111 LAUNDRY 531110 4800 4800 1054346 606 606 1054952 1054952 0 0 73805 73805 187978 50772 137206 13546 1632 11914 35180 27990 7190 17539 3401 14138 81890 81890 12600 12600 36999 33345 3654 20122 20122 3699 3699 69 69 161265 161265 24929 24929 UTILITIES / HEATING 161321 161321 REAL ESTATE TAXES 111643 111643 MAINTENANCE AND REPAIRS 108759 108759 SERVICE COORDINATOR 46344 46344 13619 6000 7619 1111307 737470 373837 0 5460 6420 6249 10801 14992 21915 6476956 2930987 3633605 3545969 340264 317219 4000570 3902324 65568 22717 17798 18758 83366 41475 X 3917204 3860849 3917204 3860849 4000570 3902324 -56355 0 X 0 1 X 1 1 1 X 924385 940063 944070 991991 1054346 4854855 924385 940063 944070 991991 1054346 4854855 0 0 0 4854855 1210 719 611 626 606 3772 1210 719 611 626 606 3772 18070 4060 22130 943665 944842 944681 992617 1054952 4880757 0.99470 0.98820 0.00080 0.00110 X 400000 400000 5927396 2804121 3123275 149560 126866 22694 3545969 SECURITY DEPOSITS HELD IN TRUST 18758 ESCROW & RESERVE DEPOSITS - HUD 298461 317219 TENANT SECURITY DEPOSITS 18758 18758 1054952 0 1054952 0 1054952 1111307 0 1111307 0 1111307 X 1 1 X 0 0 0 0 0 0 0 0 0 TIMOTHY WISMAR DIRECTOR / PRESIDENT 20769 115960 0 0 0 0 208 13442 0 17549 20977 146951 0 0 Part I, Line 1a HEALTH CLUB (YMCA) ANNUAL DUES ARE PAID FOR ALL EMPLOYEES INCLUDING THIS EMPLOYEE. Part I, Line 3 ANNUAL FORMAL BUDGETS INCLUDING COMPENSATION AND BENEFIT PLANS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section A, line 2 FIVE BOARD MEMBERS WHO ARE RELATED, TWO IN A FAMILY AND THREE IN ANOTHER, ARE ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS THUS THERE ARE A TOTAL OF NINE INDEPENDENT MEMBERS. Form 990, Part VI, Section A, line 3 THE PROJECT HAS A HUD-APPROVED AGREEMENT WITH WLC MANAGEMENT COMPANY, INC. FOR THE PROVISION OF MANAGEMENT SERVICES. Form 990, Part VI, Section B, line 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER OF THE BOARD BEFORE THE RETURN IS SIGNED AND FILED. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL OTHER MEMBERS OF THE BOARD BEFORE THE FORM 990 IS FILED. HOWEVER, THE TIMING OF THEIR REVIEW IS AT THEIR PERSONAL DISCRETION WHICH MAY BE BEFORE OR AFTER THE DATE FILED. COMMENTS AND QUESTIONS COULD BE DIRECTED TO ANY OTHER MEMBERS OF THE BOARD AND/OR THE PAID PREPARER AS DESIRED OR DEEMED NECESSARY. Form 990, Part VI, Section B, line 12c THE BOARD OF DIRECTORS ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE WHICH REQUIRES THE BOARD MEMBER TO REPORT IMMEDIATELY TO THE BOARD IF A CHANGE OCCURS CREATING A NEW OR DIFFERENT RELATIONSHIP WHICH INVOLVES A CONFLICT OF INTEREST WITH THE ORGANIZATION. Form 990, Part VI, Section B, line 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE BUDGET OF THE ORGANIZATION ANNUALLY. THIS PROCESS INCLUDES A DETAIL REVIEW AND APPROVAL OF ALL EMPLOYEE SALARY AND BENEFITS - WHICH REPRESENT A MATERIAL PORTION OF THE ORGANIZATIONAL EXPENSES. THE BUDGET APPROVAL IS RECORDED WITH THE BOARD MINUTES. Form 990, Part VI, Section C, line 18 FORM 990 AND OTHER RELATED REPORTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS AND POLICIES, FORM 990, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. WLC MANAGEMENT COMPANY INC 540 HANCOCK STREET QUINCY MA 02170 043333863 PROVIDE MANAGEMENT & SOCIAL COORDINATOR SERVICES TO OTHER NON-PROFIT ORGS MA 501 (C) (3) NOT A PRIVATE FOUNDA 0 WOLLASTON LUTHERAN HOUSING INC 45 BRACKETT STREET QUINCY MA 02169 061731780 PROVIDE QUALITY HOUSING FOR THE LOW-INCOME ELDERLY AND HANDICAPPED MA 501 (C) (3) NOT A PRIVATE FOUNDA 0 WOLLASTON LUTHERAN CHURCH APARTMENTS INC 540 HANCOCK STREET QUINCY MA 02170 237036017 PROVIDE QUALITY HOUSING FOR THE LOW-INCOME ELDERLY AND HANDICAPPED MA 501 (C) (3) NOT A PRIVATE FOUNDA 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 WLC MANAGEMENT COMPANY INC M 134234 BOARD & HUD APPROVAL