2012-03-15T14:47:10-05:00 2011-06-30 LEE YEE & COMPANY PC 195 WORCESTER STREET SUITE 201 WELLESLEY HILLS MA 02481 990 2010-07-01 042988263 ASIAN COMMUNITY DEVELOPMENT CORPORATION ASIA 6174822380 38 OAK STREET BOSTON MA 02111 MICHAEL TOW 6174822380 2012-02-04 1 GARY F YEE 7812372525 2012-02-02 2010 2016-02-24 21:20:13Z MICHAEL TOW 38 OAK STREET BOSTON MA 02111 2076465 0 X WWW.ASIANCDC.ORG X 1987 MA TO SERVE THE ASIAN AMERICAN COMMUNITY BY PROVIDING PHYSICAL, ECONOMIC, AND LEADERSHIP DEVELOPMENT. 17 17 6 24 0 0 577035 376953 21636 377231 0 0 1247192 1236604 1845863 1990788 0 0 0 0 421617 321445 0 0 0 428109 273615 849726 595060 996137 1395728 18498373 20981061 5414379 6521339 13083994 14459722 TO BE A COMMUNITY-BASED ORGANIZATION SERVING THE ASIAN AMERICAN COMMUNITY OF GREATER BOSTON BY PROVIDING PHYSICAL, ECONOMIC, AND LEADERSHIP DEVELOPMENT. 0 0 467676 DEVELOP PHYSICAL COMMUNITY ASSETS, INCLUDING AFFORDABLE HOUSING FOR RENT AND OWNERSHIP; PROMOTE ECONOMIC DEVELOPMENT; BUILD LEADERSHIP AND COMMUNITY CAPACITY TO ADVOCATE FOR THE COMMUNITY. 467676 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 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 0 1 0 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 1 0 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 0 0 0 SONI GUPTA 1.00 X 0 0 0 CUONG HOANG 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 JANET LIN 1.00 X 0 0 0 ZENA LUM 1.00 X 0 0 0 PETER MADSEN 1.00 X 0 0 0 KENNETH MINKLEI 1.00 X 0 0 0 YASUNA MURAKAMI 1.00 X 0 0 0 MICHAEL TOW 1.00 X X 0 0 0 LEVERETT WING 1.00 X 0 0 0 JEFFREY WONG 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 132655 244298 376953 REAL ESTATE DEVELOPMEN 531390 363731 363731 ASSET MANAGEMENT 611600 13500 13500 377231 51133 49094 2039 2039 2039 0 132655 36583 -36583 -36583 ACCR INT ON NOTE REC 900099 1258009 1258009 MISCELLANEOUS 900099 13139 13139 1271148 1990788 1650418 0 -36583 269086 249834 19252 34996 33278 1718 17363 16240 1123 7761 649 7112 49420 9355 40065 2931 1703 1228 17603 15196 2407 7125 5844 1281 6396 6396 2302 1611 691 3490 3341 149 72658 65763 6895 21813 21813 7619 6344 1275 CONSULTANTS 21115 13277 7838 EQUIPMENT LEASE 13572 11084 2488 GRANT EXPENSE 12618 12618 REAL ESTATE TAXES 11585 9461 2124 REPAIR AND MAINTENANCE 5071 4141 930 10536 7937 2599 595060 467676 127384 0 135665 108540 1283293 1288538 202933 224565 2858211 2858211 6288 1232 4744881 150078 3333113 4594803 163000 163000 5643 10515870 11736529 18498373 20981061 221963 300562 1325900 1325900 3866516 4894877 5414379 6521339 X 543322 845504 12540672 13614218 13083994 14459722 18498373 20981061 X 1395728 -20000 X 0 1 0 X 0 X 279316 391041 406412 577035 376953 2030757 279316 391041 406412 577035 376953 2030757 2030757 57258 41868 1026 51133 151285 860799 949940 886340 1150010 1258009 5105098 7287140 1300959 0.27870 0.33120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4744881 150078 4594803 4594803 ACCRUED INTEREST RECEIVABLE 11689597 DUE FROM AFFILIATE 46932 11736529 SECURITY DEPOSIT 3260 ACCRUED INTEREST PAYABLE - NHT 942532 LINE OF CREDIT - BOA 25000 NOTE PAYABLE - LISC 25000 LINE OF CREDIT - LICII 150000 6 FORT STREET PREDEVELOPMENT LOANS 3749085 4894877 1990788 595060 1395728 -20000 -20000 1375728 PART XI, LINE 8 - OTHER ADJUSTMENTS: CONSOLIDATING ELIMINATION -20,000. 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 5: CONSOLIDATING ELIMINATION -20,000. TOTAL TO FORM 990, PART XI, LINE 5: -20,000. 6 FORT STREET LLC 38 OAK STREET BOSTON MA 02111 263319550 SOLE MEMBER OF 6 FORT STREET LLC MA -5000 15020 N/A OAK TERRACE CORPORATION 38 OAK STREET BOSTON MA 02111 043137171 GP OF OAK TERRACE CORP. MA N/A C -16446 -51945 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 ACDC HAS EARNED A DEVELOPER'S OVERHEAD K 363731 CASH VALUE