2011-02-09T10:24:36-06:00 2010-06-30 RESTIVO MONACELLI LLP 36 EXCHANGE TERRACE PROVIDENCE RI 02903 990 2009-07-01 223010422 OLNEYVILLE HOUSING CORPORATION OLNE 4013518719 66 CHAFFEE STREET PROVIDENCE RI 02909 FRANK SHEA 4013518719 2011-01-21 1 KEVIN HUNDLEY 4012737600 2009 2016-02-24 21:20:13Z FRANK SHEA 66 CHAFFEE STREET PROVIDENCE RI 02909 2266585 0 X WWW.OLNEYVILLE.ORG X 1988 RI HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS 18 18 11 4 0 0 1151167 1445492 133177 93019 189 74 -215425 -274823 1069108 1263762 0 0 377837 410597 0 0 391995 469710 769832 880307 299276 383455 5300031 5510244 4605079 4422562 694952 1087682 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. 0 0 654179 -181804 RENTAL AND DEVELOPMENT AND SALE OF PROPERTY TO LOW AND MODERATE INCOME INDIVIDUALS 654179 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 0 0 11 1 0 0 0 0 0 0 0 0 0 0 0 18 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 1 0 X X FRANK SHEA 4013518719 66 CHAFFEE STREET PROVIDENCE RI 02909 MARIA HERNANDEZ 2.00 X 0 0 0 MARIA MANCUSCO 2.00 X 0 0 0 ROBINSON ALSTON JR 2.00 X 0 0 0 XANDER MARRO 2.00 X 0 0 0 LT DEAN ISABELLA 2.00 X 0 0 0 CLAY ROCKFELLER 4.00 X X 0 0 0 MELANIE CAHILL 4.00 X X 0 0 0 ALVARO MORALES 2.00 X 0 0 0 ROLANDO VASQUEZ 2.00 X 0 0 0 MARY FASANO 2.00 X X 0 0 0 ERIC ANDERSON 2.00 X 0 0 0 MARY-ELLEN BOYLE 2.00 X 0 0 0 JEFF DANA 2.00 X 0 0 0 ELMER STANLEY 2.00 X 0 0 0 FATHER RAYMOND TETRAULT 2.00 X 0 0 0 PILAR MCCLOUD 2.00 X 0 0 0 YARELIZ PEARSON 2.00 X 0 0 0 ALYSON SAFFELLE 2.00 X 0 0 0 FRANK SHEA 40.00 X 77483 0 901 77483 0 901 0 0 0 0 MARON CONSTRUCTION CO INC PO BOX 6736 PROVIDENCE RI 02940 GENERAL CONTRACTOR 769185 1 20000 965117 460375 29100 1445492 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 93019 74 74 728000 1002823 -274823 -274823 1263762 -181804 0 74 83787 72894 10893 260098 226285 33813 33385 29045 4340 33327 28994 4333 1425 1425 48002 5760 42242 133878 71878 62000 30119 30119 69348 50895 18453 3674 3674 31588 31588 14004 14004 20486 15229 5257 Program Costs 82084 82084 CONDO FEES 20068 20068 Miscellaneous 15034 4030 11004 880307 654179 226128 0 53174 83166 57187 43634 98650 55471 424478 937448 3601435 2461600 800000 800000 1051687 50909 109701 1000778 153370 126111 2036 2036 5300031 5510244 328033 526922 249356 150372 4019145 3734173 8545 11095 4605079 4422562 X 569516 1019834 125436 67848 694952 1087682 5300031 5510244 X 0 1 1 X 1 1 X 357080 606710 946148 1159053 1445492 4514483 167782 148879 463049 668090 826409 2274209 524862 755589 1409197 1827143 2271901 6788692 0 0 0 6788692 115 479 600 189 74 1457 115 479 600 189 74 1457 524977 756068 1409797 1827332 2271975 6790149 0.99980 0.99970 0.00020 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 395455 395455 565809 15115 550694 90423 35794 54629 1000778 SECURITY DEPOSITS 3520 Wholly Owned Corporation 7575 11095 1263762 880307 383455 32144 -22869 9275 392730 2298492 31907 31907 2266585 -1002823 -1002823 1263762 1937906 1057599 1057599 880307 0 880307 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. X OFFICE FURNITURE 2 29100 COMPARABLE SALES 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF INDIVIDUAL CONTRIBUTORS 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 AUDIT COMMITTEE THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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