2013-07-18T08:37:22-05:00 2012-12-31 043035636 LEE YEE & COMPANY PC 195 WORCESTER STREET SUITE 201 WELLESLEY HILLS MA 02481 990 2012-01-01 042988263 ASIAN COMMUNITY DEVELOPMENT CORPORATION ASIA 6174822380 38 OAK STREET BOSTON MA 02111 MICHAEL TOW 6174822380 2013-07-18 1 GARY F YEE P00956493 7812372525 2013-07-17 2012 2016-03-07 17:11:31Z MICHAEL TOW 38 OAK STREET BOSTON MA 02111 2900830 0 X WWW.ASIANCDC.ORG X 1987 MA TO SERVE THE ASIAN AMERICAN COMMUNITY BY PROVIDING PHYSICAL, ECONOMIC, AND LEADERSHIP DEVELOPMENT. 16 16 8 24 0 0 130635 410548 172198 579420 0 0 3792552 1770326 4095385 2760294 0 0 0 0 179925 461955 0 0 0 205517 1139367 385442 1601322 3709943 1158972 28421362 30085184 10251697 8189191 18169665 21895993 TO BE A COMMUNITY-BASED ORGANIZATION SERVING THE ASIAN AMERICAN COMMUNITY OF GREATER BOSTON BY PROVIDING PHYSICAL, ECONOMIC, AND LEADERSHIP DEVELOPMENT. 0 0 1152433 DEVELOP PHYSICAL COMMUNITY ASSETS, INCLUDING AFFORDABLE HOUSING FOR RENT AND OWNERSHIP; PROMOTE ECONOMIC DEVELOPMENT; BUILD LEADERSHIP AND COMMUNITY CAPACITY TO ADVOCATE FOR THE COMMUNITY. 1152433 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 8 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MA X THE ORGANIZATION 6174822380 38 OAK STREET BOSTON MA 02111 X NICK CHAU 1.00 X 0 0 0 CHONG CHOW 1.00 X 0 0 0 MICHAEL S GRECO 1.00 X X 0 0 0 SONI GUPTA 1.00 X 0 0 0 DONGSUP SAMUEL KIM 1.00 X X 0 0 0 TERRY KWAN 1.00 X 0 0 0 PAUL W LEE 1.00 X 0 0 0 HARVEY LEONG 1.00 X 0 0 0 YONGMEI CHEN 1.00 X 0 0 0 ZENA LUM 1.00 X 0 0 0 PETER MADSEN 1.00 X 0 0 0 YASUNA MURAKAMI 1.00 X 0 0 0 MICHAEL TOW 1.00 X X 0 0 0 JEFFREY WONG 1.00 X X 0 0 0 GEOFFREY WHY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 188563 221985 410548 REAL ESTATE DEVELOPMEN 531390 529067 529067 ASSET MANAGEMENT 611600 50353 50353 579420 458994 56813 402181 402181 402181 0 188563 83723 -83723 -83723 ACCR INT ON NOTE REC 900099 1439457 1439457 MISCELLANEOUS 900099 12411 12411 1451868 2760294 2433469 0 -83723 388815 354093 34722 39386 37818 1568 33754 30893 2861 62262 62262 38669 6717 31952 2306 1646 660 19886 17165 2721 13773 11638 2135 5070 4239 831 8488 7940 548 274430 272986 1444 362883 362883 19948 18738 1210 CONSULTANTS 130486 130486 REPAIR AND MAINTENANCE 64860 64038 822 REAL ESTATE TAXES 54809 54809 UTILITIES 49694 49694 31803 27271 4532 1601322 1152433 448889 0 253407 912305 993894 838997 257955 329285 2858211 2856213 3842 7665 11563093 527598 11257470 11035495 163000 163000 181841 154647 12451742 13787577 28421362 30085184 1173201 94597 1325900 1325900 7752596 6768694 10251697 8189191 X 1079338 20176426 17090327 1719567 18169665 21895993 28421362 30085184 X 1158972 2567356 X 0 1 X 0 0 X 406412 577035 376953 130635 410548 1901583 406412 577035 376953 130635 410548 1901583 1901583 1026 51133 26200 579420 657779 886340 1150010 1258009 657474 1439457 5391290 7950652 4151718 0.23920 0.27260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11563093 527598 11035495 11035495 ACCRUED INTEREST RECEIVABLE 13781950 DUE FROM AFFILIATE 5627 13787577 SECURITY DEPOSIT 28479 ACCRUED INTEREST PAYABLE - NHT 1107160 LINE OF CREDIT - BOA 25000 NOTE PAYABLE - LISC 25000 6 FORT STREET PREDEVELOPMENT LOANS 5567222 CURRENT PORTION OF LONG TERM DEBT 15833 6768694 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: ACDC IS A QUALIFIED TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C) (3) AND, ACCORDINGLY, NO INCOME TAX PROVISION IS REQUIRED.OTLP AND FSLLC ARE NOT LIABLE FOR FEDERAL INCOME TAXES AS THE PARTNERSHIPS INCOME OR LOSS IS ALLOCATED TO THE PARTNERS FOR INCOME TAX PURPOSES. OTLP AND FSLLC EVALUATE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTY THEREON WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. OTLP AND FSLLC BELIEVE THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ANY OF ITS OPEN TAX YEARS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS REVIEWED AND DISCUSSED ALONG WITH THE AUDITED FINANCIAL STATEMENTS BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ANY CONFLICTS OF INTEREST ARE TO BE DISCLOSED IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 PROVIDED UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CAPITAL CONTRIBUTION BY INVESTOR MEMBER 2,567,356. 6 FORT STREET LLC 38 OAK STREET BOSTON MA 02111 263319550 SOLE MEMBER OF 6 FORT STREET LLC MA -449657 5253673 N/A OAK TERRACE CORPORATION 38 OAK STREET BOSTON MA 02111 043137171 GP OF OAK TERRACE CORP. MA N/A C -1748839 -16908708 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 ACDC HAS EARNED A DEVELOPER'S FEE L 529067 CASH VALUE