2015-11-03T11:52:51-06:00 2014-12-31 043312453 COCIO & RICHARDSON CPA 21 FRANKLIN STREET QUINCY MA 02169 990 2014-01-01 043260692 WLC HOUSING INC DBA BAUER HOUSE WLCH 6177867601 314 WATER STREET QUINCY MA 021696546 TIMOTHY WISMAR BOARD CHAIR 6177735483 2015-10-26 1 BRENT RICHARDSON P00512960 6177735875 X 2014 2016-03-07 17:11:31Z TIMOTHY WISMAR 314 WATER STREET QUINCY MA 021696546 992617 0 X N/A X 1995 MA PROVIDE DIGNIFIED QUALITY HOUSING AND RELATED SERVICES TO THE LOW INCOME ELDERLY 12 9 5 14 0 0 0 0 944070 991991 611 626 0 0 944681 992617 0 0 0 0 325853 335853 0 0 0 757474 768526 1083327 1104379 -138646 -111762 4087470 4000570 58504 83366 4028966 3917204 PROVIDE QUALITY DIGNIFIED HOUSING AND OTHER SERVICES FOR THE LOW-INCOME ELDERLY 0 0 733420 992617 BAUER HOUSE PROVIDES DIGNIFIED HOUSING FOR THE LOW-INCOME ELDERLY UNDER AN AGREEMENT WITH THE US DEPT OF HOUSING AND URBAN DEVELOPMENT - 75 UNITS 733420 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 8 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 / PART-YEAR PRES. 0.20 16.00 X 0 8827 8492 REVEREND RICHARD LAW DIRECTOR 20.00 22.00 X X 54351 66815 23888 AARON BURKE DIRECTOR 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/ PART-YEAR PRES. 2.00 38.00 X X 98039 41442 38387 JON SKOV DIRECTOR 0.20 1.00 X 0 0 0 STEVE LAW DIRECTOR 0.20 1.00 X 0 6923 462 152390 124007 71229 0 0 1 0 0 RENT - LOW INC. HOUSIN 531110 927807 927807 ANTENNA INCOME 531110 59384 59384 LAUNDRY 531110 4800 4800 991991 626 626 992617 992617 0 0 152390 152390 115348 48916 66432 18254 1375 16879 31170 23405 7765 18691 3415 15276 76486 76486 12200 12200 36361 32844 3517 9878 9878 4165 4165 158023 158023 24305 24305 UTILITIES / HEATING 167132 167132 REAL ESTATE TAXES 112137 112137 MAINTENANCE AND REPAIRS 100235 100235 SERVICE COORDINATOR 46656 46656 20948 14977 5971 1104379 733420 370959 0 199 5460 14480 6249 14410 14992 6403327 2769722 3737011 3633605 321370 340264 4087470 4000570 41679 65568 16825 17798 58504 83366 X 4028966 3917204 4028966 3917204 4087470 4000570 -111762 0 X 0 1 X 1 1 1 X 891753 924385 940063 944070 991991 4692262 891753 924385 940063 944070 991991 4692262 0 0 0 4692262 1849 1210 719 611 626 5015 1849 1210 719 611 626 5015 29000 18070 4060 51130 922602 943665 944842 944681 992617 4748407 0.98820 0.98620 0.00110 0.00150 X 400000 400000 5860042 2649258 3210784 143285 120464 22821 3633605 SECURITY DEPOSITS HELD IN TRUST 17798 ESCROW & RESERVE DEPOSITS - HUD 322466 340264 TENANT SECURITY DEPOSITS 17798 17798 992617 0 992617 0 992617 1104379 0 1104379 0 1104379 0 0 0 0 0 0 0 0 0 TIMOTHY WISMAR DIRECTOR/ PART-YEAR PRES. 98039 41442 0 0 0 0 0 0 38263 124 136302 41566 0 0 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 123142 BOARD & HUD APPROVAL