2016-05-24T16:38:05-05:00 2015-12-31 050503395 D'AMBRA CPA 531 HARRIS AVENUE WOONSOCKET RI 028951872 990 2015-01-01 223010422 OLNEYVILLE HOUSING CORPORATION OLNE 4013518719 66 CHAFFEE STREET PROVIDENCE RI 02909 WENDY NICHOLAS INTERIM EXECUTIVE DIRECTOR 4013518719 2016-05-13 1 CRAIG D'AMBRA P00072912 4014742300 X 2015 2016-09-27 15:27:22Z WENDY NICHOLAS 66 CHAFFEE STREET PROVIDENCE RI 02909 2126207 0 X WWW.OLNEYVILLE.ORG X 1988 RI HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS 11 11 19 11 0 0 660641 1427869 415446 552959 164 28 17946 -128228 1094197 1852628 0 0 0 0 382386 712043 0 0 0 613724 1331049 996110 2043092 98087 -190464 7659543 8675872 5585919 6792713 2073624 1883159 X THE ORGANIZATION WAS FOUNDED IN 1988 TO PROMOTE THE COMPREHENSIVE REVITALIZATION OF THE OLNEYVILLE NEIGHBORHOOD OF PROVIDENCE. OUR MISSION IS TO WORK WITH RESIDENTS TO BUILD A SAFE, HEALTHLY AND STABLE COMMUNITY. WE ACCOMPLISH OUR MISSION THROUGH THE CREATION AND PRESERVATION OF AFFORDABLE HOUSING, DEVELOPMENT OF COMMERCIAL REAL ESTATE TO SPUR ECONOMIC DEVELOPMENT IN THE NEIGHBORHOOD, INDIVIDUAL ASSET BUILDING, AS WELL AS COMMUNITY BUILDING AND ORGANIZING. 0 0 1961218 1898249 TO DATE, OHC HAS DEVELOPED 49 HOMES FOR FIRST TIME LOW-INCOME HOMEBUYERS AND 118 UNITS OF AFFORDABLE RENTAL HOUSING, AS WELL AS OVER 11,000 SQUARE FEET OF OFFICE AND RETAIL SPACE. OHCS CURRENT DEVELOPMENT EFFORTS ARE FOCUSED ON THE AREA AROUND THE DABATE ELEMENTARY SCHOOL THAT WAS HIT HARDEST BY THE FORECLOSURE CRISIS. WE ACQUIRED PARAGON MILLS, A 120,000 SQUARE FOOT HISTORIC PROPERTY, IN NOVEMBER 2011; IT WILL BE RESTORED AND REDEVELOPED INTO COMMERCIAL USE, WITH THE INTENTION OF CREATING NEW JOBS IN OLNEYVILLE AND SERVING AS THE LINCHPIN TO BROADER ECONOMIC DEVELOPMENT IN THE NEIGHBORHOODS COMMERCIAL DISTRICT.TO SUPPORT OUR HOMEOWNERSHIP EFFORTS, WE HAVE AN ASSET BUILDING COUNSELOR ON OUR STAFF WHO TEACHES FIRST-TIME HOMEBUYER CLASSES IN ENGLISH AND SPANISH, AND COUNSELS CLIENTS TO HELP THEM PREVENT FORECLOSURE, BUILD CREDIT, AND PREPARE FOR HOMEOWNERSHIP. AS A FEDERAL VOLUNTEER INCOME TAX ASSISTANCE (VITA) SITE, OHC STAFF AND VOLUNTEERS PREPARE HUNDREDS OF TAX RETURNS EACH YEAR ENABLING FAMILIES TO OBTAIN THEIR EARNED INCOME TAX CREDIT BENEFIT WITHOUT HAVING TO PAY FOR TAX PREPARATION SERVICES.OHC CONTINUES TO SERVE AS THE CONVENER OF THE OLNEYVILLE COLLABORATIVE, A COALITION OF OVER 20 NEIGHBORHOOD ORGANIZATIONS. THE COLLABORATIVE HOLDS QUARTERLY MEETINGS WHICH SERVE AS AN OPPORTUNITY FOR MEMBERS TO SHARE INFORMATION, ADDRESS ISSUES OF CONCERN, AND PLAN INITIATIVES. THE COLLABORATIVE COORDINATES SEVERAL ANNUAL PROJECTS INCLUDING A COMMUNITY FESTIVAL, PERFORMING ARTS SERIES, TWO NEIGHBORHOOD CLEAN-UPS, A COMMUNITY GARDEN NETWORK, AND A NEIGHBORHOOD NEWSLETTER. IN 2011, OHC LAUNCHED ITS LANDSCAPING SOCIAL ENTERPRISE: ONE OLNEYVILLE. ONE OLNEYVILLE DELIVERS A TRIPLE BOTTOM LINE: INTENSIVE WORKFORCE DEVELOPMENT FOR AT-RISK YOUNG PEOPLE FROM THE NEIGHBORHOOD; PRO-BONO COMMERCIAL DISTRICT MAINTENANCE; AND INCOME GENERATION VIA ITS FEE-FOR-SERVICE LANDSCAPING CONTRACTS. ALL INCOME THAT IS GENERATED IS RE-INVESTED IN GROWING ONE OLNEYVILLES WORKFORCE DEVELOPMENT AND NEIGHBORHOOD BEAUTIFICATION EFFORTS. OHC HAS A STRONG FOCUS ON COMMUNITY BUILDING THROUGH ONE-TO-ONE RESIDENT ENGAGEMENT. OUR COMMUNITY ACTION INITIATIVES ARE A RESULT OF INTENSIVE PLANNING EFFORTS CONDUCTED VIA LISCS OUR NEIGHBORHOODS (2007-2010) EFFORT AS WELL AS FOR THE ACTION PLAN FOR A HEALTHIER OLNEYVILLE (2009-2011), IN PARTNERSHIP WITH THE RI DEPARTMENT OF HEALTH AND THE GREATER PROVIDENCE YMCA. THESE COMPREHENSIVE NEIGHBORHOOD DEVELOPMENT PLANS IDENTIFY CONCRETE STRATEGIES THAT ADDRESS AREAS FROM HOUSING AND ECONOMY TO INFRASTRUCTURE AND PUBLIC HEALTH & SAFETY. 1961218 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 11 0 19 1 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 4013518719 66 CHAFFEE STREET PROVIDENCE RI 02909 X CLAY ROCKFELLER VICE PRESIDENT 2.00 X X 0 0 0 ELMER STANLEY SECRETARY 2.00 X X 0 0 0 JULIA GOLD DIRECTOR 1.00 X 0 0 0 LT DEAN ISABELLA DIRECTOR 1.00 X 0 0 0 XANDER MARRO TREASURER 2.00 X X 0 0 0 SEAN CREEGAN PRESIDENT 2.00 X X 0 0 0 VIRGINIA MORGAN DIRECTOR 1.00 X 0 0 0 ROBERT MCMAHON DIRECTOR 1.00 X 0 0 0 MELISSA HUSBAND DIRECTOR 1.00 X 0 0 0 LT HENRY REMOLINA DIRECTOR 1.00 X 0 0 0 ROCHELLE LEE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 DURKEE BROWN VIVEIRIOS ARCHITECTS 111 CHESTNUT ST PROVIDENCE RI 02903 ARCHITECTURAL SVC 366717 EA ENGINEERING 310 METRO CENTER BLVD WARWICK RI 02886 ENVIRONMENTAL REMEDIATION 141849 CASA BUENA BUILDERS 82 CHAPIN ST PROVIDENCE RI 02909 CONTRACTOR 116455 3 1243926 183943 1427869 RENTAL INCOME 531110 321753 321753 SERVICE FEES 531390 230206 230206 DEVELOPMENT FEES 531390 1000 1000 552959 28 28 111020 273579 -162559 -162559 OTHER 531390 34331 34331 34331 1852628 424731 0 28 X 583896 571879 12017 77038 65504 11534 51109 50131 978 15077 15077 4719 3315 1404 80048 57221 22827 56469 41668 14801 2063 444 1619 6546 5957 589 22026 17960 4066 76314 75638 676 66277 66049 228 67008 63531 3477 PROGRAM COSTS 384694 384627 67 DEVELOPMENT COSTS 144399 144399 UTILITIES 104721 104122 599 MAINTENANCE 84668 83624 1044 216020 210072 5948 2043092 1961218 81874 0 124308 158996 128364 98315 91937 278442 1173228 1189587 3223867 4029084 830333 825996 2325902 385969 1914874 1939933 168005 152780 4627 2739 7659543 8675872 1087432 1641858 4479511 5134126 18976 16729 5585919 6792713 X 748159 553558 1325465 1228752 100849 2073624 1883159 7659543 8675872 X -190464 -1 X X 0 1 X 1 1 1 X 1127677 773100 1081596 660641 1427869 5070883 691033 738382 1391320 433392 663979 3918106 1818710 1511482 2472916 1094033 2091848 8988989 0 0 0 8988989 39 24 123 164 28 378 39 24 123 164 28 378 34331 34331 1818749 1511506 2473039 1094197 2126207 9023698 0.99620 1.00000 0.00000 X SCHEDULE A, PART IV T RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 100849 0 100849 0 0 500478 500478 1710826 295681 1415145 27919 20580 7339 86679 69708 16971 1939933 SECURITY DEPOSITS 16729 16729 3158801 1306173 1306173 1852628 0 1852628 6497032 4453939 4453939 2043093 -1 -1 2043092 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM OTHER CONSOLIDATED ENTITIES 1,032,594. PROPERTY COST OF SALES GROSSED UP FOR FINANCIAL REPORTING PURPOSES 273,579. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM OTHER CONSOLIDATED ENTITIES 4,180,360. PROPERTY COST OF SALES GROSSED UP FOR FINANCIAL REPORTING PURPOSES 273,579. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIFFERENCE IN PASSTHROUGH ENTITIES TAX YEAR VS FISCAL YEAR LOSS -1. COMMUNITY WORKS RI ORGANIZATION IS SOLE MEMBER OF INTERESTED NON PROFIT ENTITY 100849 TRANSFER OF PROPERTY 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION'S RENTAL PROPERTIES ARE MANAGED BY AN UNRELATED PROFESSIONAL PROPERTY MANAGEMENT COMPANY WHICH PROVIDES REGULAR INFORMATION FOR THE ORGANIZATION'S REVIEW FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S OTHER COMMITTEES DO NOT HAVE THE AUTHORITY TO MAKE DECISIONS ON BEHALF OF THE GOVERNING BODY, THEREFORE THEIR MEETINGS ARE NOT ALWAYS DOCUMENTED IN WRITING FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF DIRECTORS MEET ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 15A PERFORMED BY BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST FORM 990, PART VII CLAY ROCKFELLER - 532 KINSLEY AVE, UNIT 501, PROVIDENCE, RI 02909. ELMER STANLEY - 11 HEALTH AVE, PROVIDENCE, RI 02940. JULIA GOLD - RI DEPT HLTH, 3 CAPITOL HILL, PROVIDENCE, RI 02908. LT DEAN ISABELLA - PROV POLICE, 325 WASHINGTON ST, PROVIDENCE, RI 02903. XANDER MARRO - 14 OLNEYVILLE SQUARE, PROVIDENCE, RI 02909. SEAN CREEGAN - CITY OF PROV, 444 WESTMINSTER ST, PROVIDENCE, RI 02903. VIRGINIA MORGAN - 65 CAPRON ST, PROVIDENCE, RI 02909. ROBERT MCMAHON - 44 SHARON ST, PROVIDENCE, RI 02908. MELISSA HUSBAND - CAPP, 518 HARTFORD AVE, PROVIDENCE, RI 02909. LT HENRY REMOLINA - PROV POLICE, 325 WASHINGTON ST, PROVIDENCE, RI 02903. ROCHELLE LEE - 172 ONTARIO ST, PROVIDENCE, RI 02907. FORM 990, PART IX, LINE 24E REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 68,954. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,954. RENT EXPENSE: PROGRAM SERVICE EXPENSES 51,474. MANAGEMENT AND GENERAL EXPENSES 1,620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,094. BAD DEBTS: PROGRAM SERVICE EXPENSES 18,478. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,478. PRINTING: PROGRAM SERVICE EXPENSES 15,466. MANAGEMENT AND GENERAL EXPENSES 1,035. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,501. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 15,766. MANAGEMENT AND GENERAL EXPENSES 470. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,236. NET LOSS (INC) FROM NEW POLISH HOME LLC: PROGRAM SERVICE EXPENSES 13,724. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,724. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 11,913. MANAGEMENT AND GENERAL EXPENSES 808. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,721. TELEPHONE: PROGRAM SERVICE EXPENSES 10,257. MANAGEMENT AND GENERAL EXPENSES 1,864. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,121. POSTAGE: PROGRAM SERVICE EXPENSES 4,040. MANAGEMENT AND GENERAL EXPENSES 151. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,191. FORM 990, PART XI, LINE 9: DIFFERENCE IN PASS THROUGH LOSS(INCOME) FROM K-1 AND AMOUNT ON F/S -1. FORM 990,PART XI, LINE 2C NO CHANGE FROM PRIOR YEAR OLNEYVILLE HOUSING DEVELOPMENT COMPANY LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 203036639 DEVELOPMENT OF AFFORDABLE HOUSING RI 0 0 NEW POLISH NATIONAL HOME LLC 66 CHAFFEE STREET PROVIDENCE RI 02909 262756959 REAL ESTATE INVESTMENT RI OLNEYVILLE HOUSING CORPORATION RELATED 72000 1624814 0 1 0.85000 ORCA INC 66 CHAFFEE STREET PROVIDENCE RI 02909 050502362 GP IN LOW INCOME HOUSING PARTNERSHIP RI C 1.00000 0 RIVERSIDE GATEWAY PARTNERS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 200303046 GP IN LOW INCOME HOUSING PARTNERSHIP RI C 1.00000 0 CHAFFEE STREET HOLDINGS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 262756820 LP IN RENTAL REAL ESTATE OWING ORGANIZATIONS OFFICE SPACE RI C 243722 1.00000 0 OLNEY VILLAGE PARTNERS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 300687803 GP IN LOW INCOME HOUSING PARTNERSHIP RI C 1.00000 0 AMHERST GARDENS APARTMENTS INC 66 CHAFFEE STREET PROVIDENCE RI 02909 810902046 GP IN LOW INCOME HOUSING PARTNERSHIP RI C 1.00000 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 NEW POLISH NATIONAL HOME LLC D 793022 ORCA INC D 6825 RIVERSIDE GATEWAY PARTNERS INC D 5750 NEW POLISH NATIONAL HOME LLC K 36000 RIVERSIDE GATEWAY LP K 15120 RIVERSIDE GATEWAY LP J 3600 OLNEYVILLE REDUX LP J 1800 RIVERSIDE GATEWAY LP L 8760 OLNEYVILLE REDUX LP L 9800 OLNEY VILLAGE LP J 12000 OLNEY VILLAGE LP D 2000 OLNEY VILLAGE LP L 9800 COMMUNITY WORKS RI B 277202 COMMUNITY WORKS RI Q 123103