OLNEYVILLE HOUSING CORP: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
OLNEYVILLE HOUSING CORP (EIN 22-3010422)
Tax period
2012-07-01 to 2013-06-30
Filed
2013-11-01
IRS object ID
201303059349300445
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-01T12:56:42-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN050503395EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1D'AMBRA CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1531 HARRIS AVENUEAddressLine1
CityWOONSOCKETCity
StateRIState
ZIP Code028951872ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223010422EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1OLNEYVILLE HOUSING CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlOLNENameControl
Phone4013518719Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line166 CHAFFEE STREETAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02909ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameFRANK SHEAName
TitleEXECUTIVE DIRECTORTitle
Phone4013518719Phone
Date Signed2013-10-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameCRAIG D'AMBRAName
PTINP00072912PTIN
Phone4017656920Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonFRANK SHEANameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line166 CHAFFEE STREETAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02909ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1511506GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.OLNEYVILLE.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1988YearFormation
State Legal DomicileRIStateLegalDomicile
Activity Or Mission DescriptionHOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONSActivityOrMissionDescription
Nbr Voting Members Governing Body15NbrVotingMembersGoverningBody
Nbr Independent Voting Members15NbrIndependentVotingMembers
Total Nbr Employees16TotalNbrEmployees
Total Nbr Volunteers15TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year1127677ContributionsGrantsPriorYear
Contributions Grants Current Year773100ContributionsGrantsCurrentYear
Program Service Revenue Prior Year468446ProgramServiceRevenuePriorYear
Program Service Revenue CY621725ProgramServiceRevenueCY
Investment Income Prior Year39InvestmentIncomePriorYear
Investment Income Current Year24InvestmentIncomeCurrentYear
Other Revenue Prior Year-51828OtherRevenuePriorYear
Other Revenue Current Year-118047OtherRevenueCurrentYear
Total Revenue Prior Year1544334TotalRevenuePriorYear
Total Revenue Current Year1276802TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year479302SalariesEtcPriorYear
Salaries Etc Current Year637640SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year682981OtherExpensePriorYear
Other Expenses Current Year749471OtherExpensesCurrentYear
Total Expenses Prior Year1162283TotalExpensesPriorYear
Total Expenses Current Year1387111TotalExpensesCurrentYear
Revenues Less Expenses Prior Year382051RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-110309RevenuesLessExpensesCY
Total Assets BOY6825639TotalAssetsBOY
Total Assets EOY7329790TotalAssetsEOY
Total Liabilities BOY4832459TotalLiabilitiesBOY
Total Liabilities EOY5335425TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1993180NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1994365NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE 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.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1282510Expense
Revenue503678Revenue
DescriptionTO DATE, OHC HAS DEVELOPED 48 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.Description
Total Program Service Expense1282510TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling1CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10968NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees16NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members15NbrVotingGoverningBodyMembers
Number Independent Voting Members15NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties1DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4013518719TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line166 CHAFFEE STREETAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02909ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
MELANIE CAHILL
PRESIDENT2.00XX000
MARY FASANO
TREASURER2.00XX000
CLAY ROCKFELLER
VICE PRESIDENT2.00XX000
ELMER STANLEY
SECRETARY2.00XX000
ERIC ANDERSON
DIRECTOR1.00X000
JULIA GOLD
DIRECTOR1.00X000
LT DEAN ISABELLA
DIRECTOR1.00X000
GARY LEPORE
DIRECTOR1.00X000
MARIA MANCUSO
DIRECTOR1.00X000
XANDER MARRO
DIRECTOR1.00X000
ALYSON SAFFELLE
DIRECTOR1.00X000
FATHER RAYMOND TRETRAULT
DIRECTOR1.00X000
SEAN CREEGAN
DIRECTOR1.00X000
ROSA PASTOR
DIRECTOR1.00X000
VIRGINA MORGAN
DIRECTOR1.00X000
FRANK SHEA
EXECUTIVE DIRECTOR40.00X4827000
FieldValueIRS element (for citing)
Total Reportable Comp From Org48270TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants637600GovernmentGrants
All Other Contributions135500AllOtherContributions
Total Contributions773100TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RENTAL INCOME531110307755307755
DEVELOPMENT FEES531390234300234300
SERVICE FEES5313907967079670
FieldValueIRS element (for citing)
Total Program Service Revenue621725TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column24TotalRevenueColumn
Exclusion$24ExclusionAmount
FieldValueIRS element (for citing)
Gross Sales Of Inventory109000GrossSalesOfInventory
Cost Of Goods Sold234704CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-125704TotalRevenueColumn
Related Or Exempt Function Income-125704RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOTHERDescription
Business Code531390BusinessCode
Total Revenue Column7657TotalRevenueColumn
Related Or Exempt Function Income7657RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue7657TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1276802TotalRevenueColumn
Related Or Exempt Function Income503678RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$24ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total66637Total
Program Services56641ProgramServices
Management And General9996ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total473093Total
Program Services454345ProgramServices
Management And General18748ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total4757Total
Program Services4757ProgramServices

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total44915Total
Program Services43617ProgramServices
Management And General1298ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total48238Total
Program Services46862ProgramServices
Management And General1376ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total6011Total
Program Services6011ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total8414Total
Program Services2006ProgramServices
Management And General6408ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total46624Total
Management And General46624ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total11106Total
Program Services9954ProgramServices
Management And General1152ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total15972Total
Program Services14923ProgramServices
Management And General1049ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total8051Total
Program Services7208ProgramServices
Management And General843ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total7562Total
Program Services6945ProgramServices
Management And General617ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total82383Total
Program Services81660ProgramServices
Management And General723ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total66412Total
Program Services65900ProgramServices
Management And General512ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total54109Total
Program Services52662ProgramServices
Management And General1447ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
PROGRAM COSTS948559476491
MAINTENANCE77038759531085
UTILITIES72148700282120
REAL ESTATE TAXES6594265942

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total132844Total
Program Services122332ProgramServices
Management And General10512ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1387111Total
Program Services1282510ProgramServices
Management And General104601ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY53823BOY
EOY199970EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY18248BOY
EOY5328EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY76282BOY
EOY115177EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY881845BOY
EOY1133269EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY2796207BOY
EOY2791473EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY802491BOY
EOY800661EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2197676LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec218006LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY2035566BOY
EOY1979670EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY97141BOY
EOY190713EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY64036BOY
EOY113529EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6825639BOY
EOY7329790EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY489323BOY
EOY1033695EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY3427936BOY
EOY4283718EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY895446BOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY19754BOY
EOY18012EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY4832459BOY
EOY5335425EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY639677BOY
EOY689073EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1353503BOY
EOY1305292EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1993180BOY
EOY1994365EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6825639BOY
EOY7329790EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-110309ReconcilationRevenueExpenses
Reconcilation Prior Adjustment117562ReconcilationPriorAdjustment
Reconcilation Other Changes-6068ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement BothXFinancialStatementBoth
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1159053CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1445492CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1795090CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1127677CurrentTaxYearMinus1Year
Current Tax Year773100CurrentTaxYear
Total6300412Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years668090CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years826409CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years462365CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year691033CurrentTaxYearMinus1Year
Current Tax Year738382CurrentTaxYear
Total3386279Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1827143CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2271901CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2257455CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1818710CurrentTaxYearMinus1Year
Current Tax Year1511482CurrentTaxYear
Total9686691Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5099686691PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years189CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years74CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years39CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year39CurrentTaxYearMinus1Year
Current Tax Year24CurrentTaxYear
Total365Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years189CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years74CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years39CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year39CurrentTaxYearMinus1Year
Current Tax Year24CurrentTaxYear
Total365Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1827332CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2271975CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2257494CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1818749CurrentTaxYearMinus1Year
Current Tax Year1511506CurrentTaxYear
Total9687056Total
FieldValueIRS element (for citing)
Public Support Percentage5091.00000PublicSupportPercentage509
Prior Year Support Percentage0.99990PriorYearSupportPercentage
Investment Income Percentage0.00000InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.00010PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc1AgentTrusteeEtc
Additions During Year44500AdditionsDuringYear
Distributions During Year44500DistributionsDuringYear
Ending Balance0EndingBalance
Included On FS0IncludedOnFS

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis440641OtherCostOrOtherBasis
Book Value440641BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1671914OtherCostOrOtherBasis
Depreciation155521Depreciation
Book Value1516393BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis19763OtherCostOrOtherBasis
Depreciation11918Depreciation
Book Value7845BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis65358OtherCostOrOtherBasis
Depreciation50567Depreciation
Book Value14791BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1979670TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionSECURITY DEPOSITSDescription
Amount$18,012Amount
FieldValueIRS element (for citing)
Total Of Amounts18012TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt1547506TotRevenueEtcAuditedFinclStmt
Other Revenues270704OtherRevenues
Revenue Not Rptd F990270704RevenueNotRptdF990
Revenue Subtotal1276802RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9901276802TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1661383TotExpensesEtcAuditedFinclStmt
Other Expenses Included268204OtherExpensesIncluded
Expenses Not Rptd F990268204ExpensesNotRptdF990
Expenses Subtotal1393179ExpensesSubtotal
Other Expenses Not Included-6068OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt-6068ExpensesNotRptdOnFinStmt
Total Expenses Per Form9901387111TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART IV, LINE 1B:THE ORGANIZATION ACTS AS AN AGENT FOR COMMUNITY ORGANIZATIONS FOR CERTAIN FUNDING SOURCES
REVENUE FROM OTHER CONSOLIDATED ENTITIES 36,000. COST OF PROPERTY SOLD NETTED WITH INCOME FOR TAX RETURN PURPOSES 234,704.PART XI, LINE 2D - OTHER ADJUSTMENTS:
EXPENSES FROM OTHER CONSOLIDATED ENTITIES 33,500. COST OF PROPERTY SOLD NETTED WITH INCOME FOR TAX RETURN PURPOSES 234,704.PART XII, LINE 2D - OTHER ADJUSTMENTS:
DIFFERENCE IN PASSTHROUGH ENTITIES TAX YEAR VS FISCAL YEAR LOSS -6,068.PART XII, LINE 4B - OTHER ADJUSTMENTS:

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 3THE 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 8BTHE 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 11PRIOR TO FILING THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S BOARD OF DIRECTORS MEET ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY
FORM 990, PART VI, SECTION B, LINE 15APERFORMED BY BOARD OF DIRECTORS
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST
FORM 990, PART XI, LINE 9:DIFFERENCE IN PASS THROUGH LOSS(INCOME) FROM K-1 AND AMOUNT ON F/S -6,068.CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990,PART XI, LINE 2CNO CHANGE FROM PRIOR YEAR

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1OLNEYVILLE HOUSING DEVELOPMENT COMPANY LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line166 CHAFFEE STREETAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02909ZIPCode
FieldValueIRS element (for citing)
EIN203036639EIN
Primary ActivitiesDEVELOPMENT OF AFFORDABLE HOUSINGPrimaryActivities
Legal Domicile StateRILegalDomicileState
Total Income0TotalIncome
EOY Assets0EOYAssets

Form990 Schedule R Part III Form990ScheduleRPartIII

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1NEW POLISH NATIONAL HOME LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line166 CHAFFEE STREETAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02909ZIPCode
FieldValueIRS element (for citing)
EIN262756959EIN
Primary ActivityREAL ESTATE INVESTMENTPrimaryActivity
Legal Domicile StateRILegalDomicileState
Predominant Income TypeRELATEDPredominantIncomeType
Share Of Total Income72000ShareOfTotalIncome
Share Of EOY Assets1765812ShareOfEOYAssets
Disproportionate Allocations0DisproportionateAllocations
General Or Managing Partner1GeneralOrManagingPartner
Percentage Ownership0.85000PercentageOwnership

Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateType Of EntityTypeOfEntityShare Of EOY AssetsShareOfEOYAssetsPercentage OwnershipPercentageOwnershipControlled OrgControlledOrg
ORCA INC
66 CHAFFEE STREETPROVIDENCERI02909050502362GP IN LOW INCOME HOUSING PARTNERSHIPRIC257861.000000
RIVERSIDE GATEWAY PARTNERS INC
66 CHAFFEE STREETPROVIDENCERI02909200303046GP IN LOW INCOME HOUSING PARTNERSHIPRIC1.000000
CHAFFEE STREET HOLDINGS INC
66 CHAFFEE STREETPROVIDENCERI02909262756820LP IN RENTAL REAL ESTATE OWING ORGANIZATIONS OFFICE SPACERIC2648721.000000
OLNEY VILLAGE PARTNERS INC
66 CHAFFEE STREETPROVIDENCERI02909300687803GP IN LOW INCOME HOUSING PARTNERSHIPRIC951.000000
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org1LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs1RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs1RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (11 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
NEW POLISH NATIONAL HOME LLC
D793022
ORCA INC
D5825
RIVERSIDE GATEWAY PARTNERS INC
D4750
NEW POLISH NATIONAL HOME LLC
K36000
OLNEY VILLAGE LP
L3820
RIVERSIDE GATEWAY LP
J3600
OLNEYVILLE REDUX LP
J3600
RIVERSIDE GATEWAY LP
L24800
OLNEYVILLE REDUX LP
L26270
OLNEY VILLAGE PARTNERS INC
D1000
OLNEY VILLAGE LP
J600

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.