OLNEYVILLE HOUSING CORP: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- OLNEYVILLE HOUSING CORP (EIN 22-3010422)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-09
- IRS object ID
- 201140409349300909
- Schema version
- 2009v1.4
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-09T10:24:36-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTIVO MONACELLI LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 EXCHANGE TERRACE | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02903 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223010422 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLNEYVILLE HOUSING CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OLNE | NameControl |
| Phone | 4013518719 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 CHAFFEE STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02909 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK SHEA | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 4013518719 | Phone |
| Date Signed | 2011-01-21 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN HUNDLEY | Name |
| Phone | 4012737600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FRANK SHEA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 CHAFFEE STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02909 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2266585 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.OLNEYVILLE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1988 | YearFormation |
| State Legal Domicile | RI | StateLegalDomicile |
| Activity Or Mission Description | HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 11 | TotalNbrEmployees |
| Total Nbr Volunteers | 4 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1151167 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1445492 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 133177 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 93019 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 189 | InvestmentIncomePriorYear |
| Investment Income Current Year | 74 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -215425 | OtherRevenuePriorYear |
| Other Revenue Current Year | -274823 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1069108 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1263762 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 377837 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 410597 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 391995 | OtherExpensePriorYear |
| Other Expenses Current Year | 469710 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 769832 | TotalExpensesPriorYear |
| Total Expenses Current Year | 880307 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 299276 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 383455 | RevenuesLessExpensesCY |
| Total Assets BOY | 5300031 | TotalAssetsBOY |
| Total Assets EOY | 5510244 | TotalAssetsEOY |
| Total Liabilities BOY | 4605079 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4422562 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 694952 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1087682 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE DECENT AND AFFORDABLE HOUSING EITHER THROUGH HOME OWNERSHIP, RENTAL, HOME REPAIR PROGRAMS, OR OTHER MEANS, TO LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS LIVING WITHIN OLNEYVILLE AREA AS DESIGNATED BY THE CITY COMMUNITY MAP, AND SUCH OTHER ADJOINING AREAS WITHIN THE CITY OF PROVIDENCE, RHODE ISLAND AS MIGHT HAVE A NEGATIVE IMPACT ON THE REVITALIZATION OF THE OLNEYVILLE AREA, AND TO PROVIDE SAID ASSITANCE WITHOUT DISCRIMINATION OR PREJUDICE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 654179 | Expense |
| Revenue | -181804 | Revenue |
| Description | RENTAL AND DEVELOPMENT AND SALE OF PROPERTY TO LOW AND MODERATE INCOME INDIVIDUALS | Description |
| Total Program Service Expense | 654179 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 11 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | FRANK SHEA | NamePerson |
| Telephone Number | 4013518719 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 CHAFFEE STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02909 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MARIA HERNANDEZ | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MARIA MANCUSCO | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROBINSON ALSTON JR | ||||||
| dIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| XANDER MARRO | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| LT DEAN ISABELLA | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| CLAY ROCKFELLER | ||||||
| TREASURER | 4.00 | X | 0 | 0 | 0 | X |
| MELANIE CAHILL | ||||||
| PRESIDENT | 4.00 | X | 0 | 0 | 0 | X |
| ALVARO MORALES | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROLANDO VASQUEZ | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MARY FASANO | ||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | X |
| ERIC ANDERSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MARY-ELLEN BOYLE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JEFF DANA | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ELMER STANLEY | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| FATHER RAYMOND TETRAULT | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| PILAR MCCLOUD | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| YARELIZ PEARSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ALYSON SAFFELLE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| FRANK SHEA | ||||||
| EXECUTIVE DIRECTOR | 40.00 | 77483 | 0 | 901 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 77483 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 901 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARON CONSTRUCTION CO INC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6736 | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02940 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | GENERAL CONTRACTOR | DescriptionOfServices |
| Compensation | 769185 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Federated Campaigns | 20000 | FederatedCampaigns |
| Government Grants | 965117 | GovernmentGrants |
| All Other Contributions | 460375 | AllOtherContributions |
| Noncash Contributions | 29100 | NoncashContributions |
| Total Contributions | 1445492 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Rental Income | 531110 | 53375 | 53375 |
| Services & Fees | 531390 | 39336 | 39336 |
| Development Fees | 531390 | 5040 | 5040 |
| Commission Fees | 531390 | 658 | 658 |
| NET LOSS FROM NEW POLI | 531110 | -5390 | -5390 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 93019 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 74 | TotalRevenueColumn |
| Exclusion | $74 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 728000 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1002823 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -274823 | TotalRevenueColumn |
| Related Or Exempt Function Income | -274823 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1263762 | TotalRevenueColumn |
| Related Or Exempt Function Income | -181804 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $74 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83787 | Total |
| Program Services | 72894 | ProgramServices |
| Management And General | 10893 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 260098 | Total |
| Program Services | 226285 | ProgramServices |
| Management And General | 33813 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33385 | Total |
| Program Services | 29045 | ProgramServices |
| Management And General | 4340 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33327 | Total |
| Program Services | 28994 | ProgramServices |
| Management And General | 4333 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1425 | Total |
| Program Services | 1425 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48002 | Total |
| Program Services | 5760 | ProgramServices |
| Management And General | 42242 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133878 | Total |
| Program Services | 71878 | ProgramServices |
| Management And General | 62000 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30119 | Total |
| Management And General | 30119 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69348 | Total |
| Program Services | 50895 | ProgramServices |
| Management And General | 18453 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3674 | Total |
| Management And General | 3674 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31588 | Total |
| Program Services | 31588 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14004 | Total |
| Program Services | 14004 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20486 | Total |
| Program Services | 15229 | ProgramServices |
| Management And General | 5257 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Program Costs | 82084 | 82084 | |
| CONDO FEES | 20068 | 20068 | |
| Miscellaneous | 15034 | 4030 | 11004 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 880307 | Total |
| Program Services | 654179 | ProgramServices |
| Management And General | 226128 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53174 | BOY |
| EOY | 83166 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57187 | BOY |
| EOY | 43634 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98650 | BOY |
| EOY | 55471 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 424478 | BOY |
| EOY | 937448 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3601435 | BOY |
| EOY | 2461600 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 800000 | BOY |
| EOY | 800000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1051687 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 50909 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109701 | BOY |
| EOY | 1000778 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 153370 | BOY |
| EOY | 126111 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2036 | BOY |
| EOY | 2036 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5300031 | BOY |
| EOY | 5510244 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 328033 | BOY |
| EOY | 526922 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249356 | BOY |
| EOY | 150372 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4019145 | BOY |
| EOY | 3734173 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8545 | BOY |
| EOY | 11095 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4605079 | BOY |
| EOY | 4422562 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 569516 | BOY |
| EOY | 1019834 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125436 | BOY |
| EOY | 67848 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 694952 | BOY |
| EOY | 1087682 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5300031 | BOY |
| EOY | 5510244 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 357080 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 606710 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 946148 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1159053 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1445492 | CurrentTaxYear |
| Total | 4514483 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 167782 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 148879 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 463049 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 668090 | CurrentTaxYearMinus1Year |
| Current Tax Year | 826409 | CurrentTaxYear |
| Total | 2274209 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 524862 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 755589 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1409197 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1827143 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2271901 | CurrentTaxYear |
| Total | 6788692 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 6788692 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 115 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 479 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 600 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 189 | CurrentTaxYearMinus1Year |
| Current Tax Year | 74 | CurrentTaxYear |
| Total | 1457 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 115 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 479 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 600 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 189 | CurrentTaxYearMinus1Year |
| Current Tax Year | 74 | CurrentTaxYear |
| Total | 1457 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 524977 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 756068 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1409797 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1827332 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2271975 | CurrentTaxYear |
| Total | 6790149 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99980 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99970 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00020 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00030 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 395455 | OtherCostOrOtherBasis |
| Book Value | 395455 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 565809 | OtherCostOrOtherBasis |
| Depreciation | 15115 | Depreciation |
| Book Value | 550694 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 90423 | OtherCostOrOtherBasis |
| Depreciation | 35794 | Depreciation |
| Book Value | 54629 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1000778 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SECURITY DEPOSITS | $3,520 |
| Wholly Owned Corporation | $7,575 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 11095 | TotalOfAmounts |
| Total Revenue | 1263762 | TotalRevenue |
| Total Expenses | 880307 | TotalExpenses |
| Excess Or Deficit For Year | 383455 | ExcessOrDeficitForYear |
| Prior Period Adjustments | 32144 | PriorPeriodAdjustments |
| Other | -$22,869 | OtherAmount |
| Total Adjustments | 9275 | TotalAdjustments |
| Excess Or Deficit Per FS | 392730 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2298492 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 31907 | OtherRevenues |
| Revenue Not Rptd F990 | 31907 | RevenueNotRptdF990 |
| Revenue Subtotal | 2266585 | RevenueSubtotal |
| Other Revenues Not Included | -1002823 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1002823 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1263762 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1937906 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1057599 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1057599 | ExpensesNotRptdF990 |
| Expenses Subtotal | 880307 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 880307 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | WHOLLY OWNED CORPORATIONS: -1000. DIFFERENCE IN PASS THROUGH ENTITY'S TAX YEAR VS FISCAL YEAR LOSS: -21869. |
| Part XII, Line 2d - Other Adjustments: | REVENUE PER CONSOLIDATED FINANCIALS NOT INCLUDED ON RETURN.: 54776. DIFFERENCE IN PASS THROUGH ENITY'S TAX YEAR VS FISCAL YEAR LOSS: -21869. WHOLLY OWNED CORPORATIONS NET LOSS : -1000. |
| Part XII, Line 4b - Other Adjustments: | COST OF INVENTORY SALES REPORTED ON STATEMENT OF REVENUE: -1002823. |
| Part XIII, Line 2d - Other Adjustments: | EXPENSES PER CONSOLIDATED FINANCIALS NOT INCLUDED ON RETURN: 54776. COST OF INVENTORY SALES REPORTED ON STATEMENT OF REVENUE: 1002823. |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | OFFICE FURNITURE | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 29100 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributors: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF INDIVIDUAL CONTRIBUTORS | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 8b | THE ORGANIZATION'S OTHER COMMITTEES DO NOT HAVE 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 FORM 990 WILL BE PRESENTED AND DISCUSSED BY THE BOARD'S FINANCE COMMITTEE AND BOARD OF DIRECTORS. | |
| 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 C, line 19 | FORM 990 IS AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S MAILING ADDRESS. FORM 990 IS ALSO AVAILABLE TO BE MAILED UPON REQUEST. | |
| FORM 990, PART XI, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | AUDIT COMMITTEE |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLNEYVILLE HOUSING DEVELOPMENT COMPANY LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 CHAFFEE STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02909 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203036639 | EIN |
| Primary Activities | DEVELOPMENT OF AFFORDABLE HOUSING | PrimaryActivities |
| Legal Domicile State | RI | LegalDomicileState |
| Total Income | 0 | TotalIncome |
| EOY Assets | 0 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part III Form990ScheduleRPartIII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEW POLISH NATIONAL HOME LLC | |||||||||||||
| 66 CHAFFEE STREET | PROVIDENCE | RI | 02909 | 262756959 | REAL ESTATE INVESTMENT | RI | N/A | RELATED | -5290 | 1760146 | 0 | 1 | |
| RIVERSIDE GATEWAY LP | |||||||||||||
| 66 CHAFFEE STREET | PROVIDENCE | RI | 02909 | 200303107 | DEVELOPMENT OF AFFORDABLE HOUSING | RI | RELATED | 0 | 1 | RIVERSIDE GATEWAY PARTNERS INC | |||
| OLNEYVILLE REDUX LP | |||||||||||||
| 66 CHAFFEE STREET | PROVIDENCE | RI | 02909 | 050502509 | DEVELOPMENT OF AFFORDABLE HOUSING | RI | RELATED | 0 | 1 | ORCA INC | |||
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCA INC | |||||||||||
| 66 CHAFFEE STREET | PROVIDENCE | RI | 02909 | 050502362 | GP IN LOW INCOME HOUSING PARTERSHIP | RI | N/A | C | -522 | 25865 | 1.00000 |
| RIVERSIDE GATEWAY PARTNERS INC | |||||||||||
| 66 CHAFFEE STREET | PROVIDENCE | RI | 02909 | 200303046 | GP IN LOW INCOME HOUSING PARTERSHIP | RI | N/A | C | -537 | 1.00000 | |
| CHAFFEE STREET HOLDINGS INC | |||||||||||
| 66 CHAFFEE STREET | PROVIDENCE | RI | 02909 | 262756820 | LP IN LOW INCOME HOUSING PARTERSHIP | RI | N/A | C | -934 | 1.00000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| NEW POLISH NATIONAL HOME LLC | |
| D | 429662 |
| nEW POLISH NATIONAL HOME LLC | |
| J | 24000 |
Comments