2016-08-08T14:43:10-05:00 2015-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 200 WESTBOROUGH MA 01581 990 2015-01-01 042733078 WOMEN'S INSTITUTE FOR HOUSING AND ECONOMIC DEVELOPMENT INC WOME 8007201195 15 COURT SQUARE NO 210 BOSTON MA 02108 LONI WILLEY CHIEF OPERATING OFFICER 6173670520 2016-08-08 1 LINDA M SMITH CPA P00316105 5088717178 2016-08-08 2015 2016-12-15 16:53:06Z ELIZABETH CRUM 15 COURT SQUARE NO 210 BOSTON MA 02108 1392952 0 X WWW.WIHED.ORG X 1981 MA DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS WITH A (CONTINUED) NETWORK OF SUPPORTIVE SERVICES AND PROGRAMS. 6 6 15 9 0 0 612664 236584 711710 1105828 48858 50540 0 0 1373232 1392952 0 11003 0 0 1052144 943920 0 0 18604 370281 435132 1422425 1390055 -49193 2897 7027100 7043748 3145769 3160328 3881331 3883420 THE MISSION OF WOMEN'S INSTITUTE FOR HOUSING AND ECONOMIC DEVELOPMENT IS TO PROMOTE ECONOMIC OPPORTUNITY AND BUILD STRONG COMMUNITIES BY DEVELOPING SAFE, AFFORDABLE AND SUPPORTIVE HOUSING FOR INDIVIDUALS AND FAMILIES. 0 0 1012364 11003 1105828 AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION:WOMEN'S INSTITUTE SERVES AS A DEVELOPER OF AFFORDABLE HOUSING FOR LOW-INCOME POPULATIONS, AND ALSO PROVIDES TECHNICAL ASSISTANCE TO LOCAL ORGANIZATIONS AND COMMUNITY GROUPS TO CREATE SUPPORTIVE HOUSING FOR HOMELESS AND AT-RISK FAMILIES AND INDIVIDUALS. 1012364 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 4 0 15 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CT X X LONI WILLEY 8007201195 15 COURT SQUARE SUITE 210 BOSTON MA 02108 TRACY MCDERMOTT CLERK 1.00 2.00 X X 0 0 0 MELISSA J SHEELER TREASURER 1.00 2.00 X X 0 0 0 KAREN EDLUND BOARD MEMBER 1.00 0.00 X 0 0 0 CHRISTINE TRACZYK PRESIDENT 1.00 2.00 X X 0 0 0 JOHN GIBBONS BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICIA SPRING BOARD MEMBER 1.00 0.00 X 0 0 0 LONI WILLEY CHIEF OPERATING OFFICER 37.50 6.00 X 131999 0 16677 MOLLYE WOLAHAN FORMER CHIEF PROGRAM OFFICER 37.50 2.00 X 22481 0 2127 ELIZABETH CRUM EXECUTIVE DIRECTOR 37.50 2.00 X 31380 0 2419 185860 0 21223 1 0 0 0 HARBORLIGHT COMMUNITY PARTNERS INC PO BOX 507 BEVERLY MA 01915 ACCOUNTING 113268 1 236584 51900 236584 PROJECT MANAGEMENT FEE 531390 1105828 1105828 1105828 50540 50540 1392952 1105828 0 50540 11003 11003 206879 129283 65492 12104 609847 516043 91825 1979 10394 8716 1574 104 52331 43978 8205 148 64469 51169 12249 1051 35943 35943 1638 1638 142139 21873 120266 18200 18200 39467 31325 7499 643 96399 76512 18316 1571 51700 41034 9823 843 14712 7356 7356 3661 2905 696 60 22370 15206 7063 101 MISCELLANEOUS OTHER COS 7181 96 7085 PROJECT COSTS 1722 1722 1390055 1012364 359087 18604 122331 16678 767953 150070 7196 50000 1101675 1765277 4152442 4447741 20446 19410 246925 12502 235941 234423 204178 255210 414938 104939 7027100 7043748 83312 97871 3062457 3062457 3145769 3160328 X 3524846 3504067 356485 379353 3881331 3883420 7027100 7043748 X 2897 -808 X 0 1 X 1 0 X 103475 228009 414964 612664 236584 1595696 103475 228009 414964 612664 236584 1595696 506468 1089228 33883 41443 45436 48858 50540 220160 675 1350 2025 1817881 6983404 0.59920 X 0.97670 0.02290 SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2012 AMOUNT: $ 675. 2013 AMOUNT: $ 1,350. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124652 124652 126442 -1790 124652 230128 230128 16797 12502 4295 234423 X PART X, LINE 2: TAX POSITION: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATIONS ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE ORGANIZATION'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEARS PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. 1 WOMEN'S INSTITUTE REALTY INC 15 COURT SQUARE SUITE 210 BOSTON MA 02108 043220484 501(C)(3) 11003 0 PROGRAM RELATED GRANT 1 0 PART I, LINE 2: CONTRIBUTION TO SUPPORT ORGANIZATION'S MISSION TO DEVELOP AND OPERATE AFFORDABLE HOUSING. X ENERGY EFFICIENT HEATING BOILERS AND HOT WATER HEATERS 1 51900 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS AUTHORIZED THE FINANCE COMMITTEE TO REVIEW AND APPROVE THE FORM 990. A DRAFT FORM WAS MADE AVAILABLE TO ANY BOARD MEMBER WHO WISHED TO REVIEW IT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ANNUAL SUBMISSION OF A WRITTEN CONFLICT-OF-INTEREST QUESTIONNAIRE BY ALL OFFICERS, DIRECTORS, AND EMPLOYEES. THE QUESTIONNAIRE REQUESTS DISCLOSURE OF ANY POSSIBLE PROFESSIONAL OR PERSONAL CONFLICTS OF THE OFFICER, DIRECTOR, OR EMPLOYEE, OR THEIR IMMEDIATE FAMILY MEMBERS, IN REGARD TO TRANSACTIONS AND RELATIONSHIPS WITH THE ORGANIZATION, ITS AFFILIATES, ITS VENDORS, ITS FUNDERS AND LENDERS, AND/OR ANY OTHER SIGNIFICANT RELATIONSHIP HELD BY THE ORGANIZATION. ADDITIONALLY, ANY POTENTIAL CONFLICTS THAT MAY ARISE THROUGHOUT THE YEAR ARE DISCLOSED AT REGULAR BOARD MEETINGS, AND ASSESSED BY MANAGEMENT. IF A CONFLICT IS EVIDENT OR POTENTIALLY EVIDENT, THE FOLLOWING PROCESSES OCCUR: (1) IF AN OFFICER OR DIRECTOR, THE MEMBER IS RECUSED FROM ALL DISCUSSION AND VOTING AUTHORITY IN WHICH THE CONFLICT EXISTS, AND (2) IF AN EMPLOYEE, ANY NEGOTIATION AND COMPENSATION BETWEEN THE ORGANIZATION AND THE PARTY-OF-INTEREST IS ASSIGNED TO A NON-INTERESTED SENIOR EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS UNDERTAKES AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR, WHICH INCLUDES THE FOLLOWING STEPS: (1) PERFORMANCE REVIEW TO INCLUDE INPUT FROM BOARD MEMBERS, STAFF, AND KEY STAKEHOLDERS; (2) REVIEW OF COMPARATIVE INDUSTRY COMPENSATION LEVELS FOR SENIOR MANAGEMENT POSITIONS; AND (3) PRESENTATION OF PERFORMANCE REVIEW AND RECOMMENDED COMPENSATION LEVELS AT A REGULAR BOARD MEETING FOR CONSIDERATION AND VOTE BY DIRECTORS. A COMPARABLE PROCESS IS UNDERTAKEN BY THE EXECUTIVE DIRECTOR FOR KEY EMPLOYEE POSITIONS. A SALARY RANGE IS APPROVED BY THE BOARD OF DIRECTORS FOR EACH EMPLOYMENT CATEGORY IN THE ORGANIZATION, AND A MAXIMUM SALARY BUDGET IS APPROVED IN THE ANNUAL OPERATING BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC AND MAY BE ACCESSED ONLINE FROM THE MASSACHUSETTS SECRETARY OF STATE AND MASSACHUSETTS ATTORNEY GENERAL WEBSITES AND CONNECTICUT GOVERNMENTAL AGENCY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF REAL ESTATE INVESTMENTS -808. DEFICIT ASSUMED IN ACQUISITION OF PROSPECT ESTATES, LP GRINNELL HOUSING LLC C/O WIHED 15 COURT SQUARE SUITE 210 BOSTON MA 02108 451775687 OPERATION OF LOW-INCOME HOUSING IN MASSACHUSETTS MA -717 -6013 WIHED PROSPECT ESTATES MM LLC C/O WIHED 15 COURT SQUARE SUITE 210 BOSTON MA 02108 464327613 OPERATION OF LOW-INCOME HOUSING IN MASSACHUSETTS MA -14 -238 WIHED WOMEN'S INSTITUTE REALTY INC C/O WIHED 15 COURT SQUARE SUITE 210 BOSTON MA 02108 043220484 DEVELOPMENT AND OPERATIONS OF LOW-INCOME HOUSING IN MASSACHUSETTS MA 501(C)(3) LINE 7 NONE - COMMONLY CONTROLLED BY OFFICERS OF WIHED 0 WOMEN'S INSTITUTE REALTY OF CONNECTICUT INC C/O WIHED 15 COURT SQUARE SUITE 210 BOSTON MA 02108 331178098 DEVELOPMENT AND OPERATIONS OF LOW-INCOME HOUSING IN CONNECTICUT CT 501(C)(3) LINE 7 NONE - COMMONLY CONTROLLED BY OFFICERS OF WIHED 0 ACUSHNET HOUSING INC 15 COURT SQUARE SUITE 210 BOSTON MA 02108 201728501 OPERATION OF LOW-INCOME HOUSING MA WOMEN'S INSTITUTE FOR HOUSING AND ECONOMIC DEVELOPMENT INC S -23 112580 0.79000 0 INDIAN FIELD HOUSING CORPORATION 15 COURT SQUARE SUITE 210 BOSTON MA 02108 208080518 OPERATION OF LOW-INCOME HOUSING CT WOMEN'S INSTITUTE FOR HOUSING AND ECONOMIC DEVELOPMENT INC C -54 148857 0.51000 0 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 ALL LISTED AFFILIATES D 47151793 DEBT GUARANTEES WOMEN'S INSTITUTE REALTY OF CONNECTICUT INC L 313115 DEVELOPER FEES INVOICED & DUE