2024-05-08T10:13:45-05:00 2023-08-31 050405576 OTRANDO PORCARO & ASSOCIATES LTD 2258 POST ROAD WARWICK RI 02886 990 2022-09-01 050480790 ELMHURST HOUSE INCORPORATED ELMH 4017270150 500 PROSPECT STREET PAWTUCKET RI 02860 JOHN J PADIEN III CHIEF EXECUTIVE OFFICER 4017270150 2024-04-30 1 JOHN PADIEN III 999009999 0 GREGORY PORCARO CPAABV MST P00633303 4017399250 2024-04-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN J PADIEN III 500 PROSPECT STREET PAWTUCKET RI 02860 452572 0 X BVCRIARC.ORG X 1994 RI LOW INCOME HOUSING AVAILABLE FOR THE HANDICAPPED AND ELDERLY. 6 5 0 0 0 0 312412 304220 128768 144700 125 114 6072 3538 447377 452572 0 0 0 0 0 0 0 0 0 488587 550432 488587 550432 -41210 -97860 1648937 1624792 3075927 3149642 -1426990 -1524850 THE ORGANIZATION PROVIDES HOUSING ASSISTANCE TO THE ELDERLY AND HANDICAPPED. 0 0 519466 144700 THIRTY HOUSING UNITS WERE MADE AVAILABLE TO HANDICAPPED AND ELDERLY PERSONS UNDER SECTION 811 - SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES. 519466 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X CATHERINE GILLIGAN 4017270150 500 PROSPECT STREET PAWTUCKET RI 02860 THOMAS E HODGE TREASURER 0.30 2.90 X X 0 0 0 KATHLEEN O'NEILL SECRETARY 0.30 3.20 X X 0 0 0 PAUL DEPACE DIRECTOR 0.30 3.20 X 0 0 0 WILLIAM J SZAFAROWICZ PRESIDENT 0.30 3.20 X X 0 0 0 HENRIQUE T PEDRO RPH DIRECTOR 0.30 3.20 X 0 0 0 JOHN J PADIEN III CHIEF EXECUTIVE OFFICER 1.00 30.00 X 0 115245 7863 0 115245 7863 0 0 0 0 0 304220 304220 RENTAL INCOME 531110 144700 144700 144700 114 114 LAUNDRY INCOME 812300 3174 3174 MISCELLANEOUS 812900 364 364 3538 452572 148238 0 114 165187 165187 15270 15270 509 509 15187 15187 283838 283838 70441 70441 550432 519466 30966 0 10666 26460 1830 800 20521 25018 3095570 1806730 1359039 1288840 3624 3382 253257 280292 1648937 1624792 29963 96498 2985100 2985100 60864 68044 3075927 3149642 X 0 0 0 0 -1426990 -1524850 -1426990 -1524850 1648937 1624792 -97860 0 X X 0 1 X 1 1 1 X 300866 295167 321886 312412 304220 1534551 300866 295167 321886 312412 304220 1534551 1534551 70 77 98 125 114 484 1535035 0.99970 0.99970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 280000 280000 2799612 1790772 1008840 15958 15958 0 1288840 TENANTS' SECURITY DEPOSITS 10669 REAL ESTATE TAX AND INSURANCE ESCROW 500 RESIDUAL RECEIPTS 5550 REPLACEMENT RESERVE 263573 280292 TENANTS' SECURITY DEPOSITS 10306 ACCRUED PROPERTY TAXES 55020 DEFERRED RENTAL INCOME 2718 68044 X 452572 0 452572 0 452572 550432 0 550432 0 550432 PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY, THE CORPORATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, THE CORPORATION APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE CORPORATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION UTILIZES A THIRD PARTY MANAGEMENT COMPANY TO PROVIDE VARIOUS SERVICES INCLUDING ACCOUNTING AND BUDGETING, RESIDENT RESOURCES, AND FACILITIES MANAGEMENT. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS OF THE ORGANIZATION'S BOARD WERE PROVIDED WITH A COPY OF THE FORM 990. MEMBERS OF THE ORGANIZATION'S FINANCE/AUDIT COMMITTEE REVIEWED THE FORM 990 PRIOR TO FILING AND RECOMMENDED TO THE BOARD TO ACCEPT THE FORM AS COMPLETED. FORM 990, PART VI, SECTION B, LINE 12C IF ANY POSSIBLE CONFLICT OF INTEREST IS RAISED IT IS REVIEWED BY THE BOARD TO DETERMINE IF IT IS A TRUE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S LOCATION. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR BLACKSTONE VALLEY DEVELOPMENT CORPORATION 500 PROSPECT STREET PAWTUCKET RI 02860 262699081 PROVIDING SERVICES FOR DEVELOPMENTALLY DISABLED CITIZENS RI 501(C)(3) LINE 7 N/A 0 INDEPENDENT LIVING AUTHORITY OF RHODE ISLAND 500 PROSPECT STREET PAWTUCKET RI 02860 050450842 RESIDENTIAL FACILITY FOR DISABLED PERSONS RI 501(C)(3) LINE 7 N/A 0 THE ARC OF BLACKSTONE VALLEY 500 PROSPECT STREET PAWTUCKET RI 02860 050300152 PROVIDING SERVICES FOR DEVELOPMENTALLY DISABLED CITIZENS RI 501(C)(3) LINE 10 N/A 0 BLACKSTONE VALLEY ASSOC FOR RETARDED CITIZENS HOUSING INC 500 PROSPECT STREET PAWTUCKET RI 02860 222822858 RESIDENTIAL FACILITY FOR DISABLED OR LOW INCOME PERSONS RI 501(C)(3) LINE 7 N/A 0 BVARC HOUSING 500 PROSPECT STREET PAWTUCKET RI 02860 050484094 RESIDENTIAL FACILITY FOR DISABLED PERSONS RI 501(C)(3) LINE 7 N/A 0 ACCESS HOUSING INC 500 PROSPECT STREET PAWTUCKET RI 02860 050516971 RESIDENTIAL FACILITY FOR DISABLED PERSONS RI 501(C)(3) LINE 7 N/A 0 ROSE-ARC HOUSING INC 500 PROSPECT STREET PAWTUCKET RI 02860 050506548 RESIDENTIAL FACILITY FOR DISABLED PERSONS RI 501(C)(3) LINE 7 N/A 0 INDEPENDENT LIVING AUTHORITY 500 PROSPECT STREET PAWTUCKET RI 02860 050367517 RESIDENTIAL FACILITY FOR DISABLED OR LOW INCOME PERSONS RI 501(C)(3) LINE 7 N/A 0 BELMONT COMMONS INC 500 PROSPECT STREET PAWTUCKET RI 02860 273459190 RESIDENTIAL FACILITY FOR DISABLED PERSONS RI 501(C)(3) LINE 7 N/A 0 KEATS GARDENS INC 500 PROSPECT STREET PAWTUCKET RI 02860 364730767 RESIDENTIAL FACILITY FOR SENIOR PERSONS RI 501(C)(3) LINE 7 N/A 0 INDEPENDENT LIVING AUTHORITY-PROVIDENCE 500 PROSPECT STREET PAWTUCKET RI 02860 050387502 RESIDENTIAL FACILITY FOR DISABLED OR LOW INCOME PERSONS RI 501(C)(3) LINE 7 N/A 0 PIDGE MANOR LLC 500 PROSPECT STREET PAWTUCKET RI 02860 271846006 RESIDENTIAL FACILITY FOR LOW INCOME PERSONS RI 501(C)(3) LINE 7 N/A 0 SADLER MILL GP LLC 500 PROSPECT STREET PAWTUCKET RI 02860 371694247 INACTIVE MA 0 0 SADLER MILL LP 500 PROSPECT STREET PAWTUCKET RI 02860 364725127 RESIDENTIAL FACILITY FOR HOMELESS VETERANS RI 0 0 VETERANS FOR TOMORROW LLC 500 PROSPECT STREET PAWTUCKET RI 02860 364734671 INACTIVE MA 0 0 MIDWAY MANAGEMENT COMPANY 500 PROSPECT STREET PAWTUCKET RI 02860 455556410 REAL ESTATE MANAGEMENT RI C 0 VETERANS MM LLC 500 PROSPECT STREET PAWTUCKET RI 02860 383867728 RESIDENTIAL FACILITY FOR HOMELESS VETERANS RI C 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0