2024-05-03T10:36:23-04:00 2023-06-30 010554125 PATRICK J BARRETT CPA'S PC 1109 WASHINGTON ST WEYMOUTH MA 02189 990 2022-07-01 042646737 ST FRANCIS OF ASSISI RESIDENCES AT BRAINTREE II INC STFR 7818488383 53 INDEPENDENCE AVENUE BRAINTREE MA 02184 KATHLEEN BARKER EXEC. DIR./PRESIDENT 7818488383 2024-04-23 true KATHLEEN BARKER XXX-XX-XXXX false PATRICK J BARRETT P01216474 7813372066 2024-04-25 X 2022 2023-04-26 12:10:37Z INDEPENDENCE MANOR 2 KATHLEEN BARKER 53 INDEPENDENCE AVENUE BRAINTREE MA 02184 958265 false X X 1978 MA TO PROVIDE SUBSIDIZED HOUSING TO LOW AND MODERATE INCOME ELDERLY AND DISABLED. THE ORGANIZATION PROVIDES A SAFE, SANITARY, AFFORDABLE HOUSING COMPLEX WITH SUPPORTIVE SERVICES AND MEAL PLAN TO ASSIST ELDERS. THE PROGRAM ALSO OFFERS RECREATIONAL AND NUTRITIONAL ACTIVITIES TO BENEFIT THE ELDERLY AND DISABLED RESIDENTS. 10 9 0 0 586671 521617 417375 406693 1762 29881 121 74 1005929 958265 0 0 254285 265877 0 0 595194 641824 849479 907701 156450 50564 1641641 1694028 2567635 2569458 -925994 -875430 TO PROVIDE SUBSIDIZED HOUSING TO LOW AND MODERATE INCOME ELDERLY AND DISABLED. THE ORGANIZATION PROVIDES A SAFE, SANITARY, AFFORDABLE HOUSING COMPLEX WITH SUPPORTIVE SERVICES. false false 664614 321803 THE COMPANY OWNS A FIFTY UNIT APARTMENT COMPLEX. THE CHARITABLE PURPOSE IS TO PROVIDE LOW AND MODERATE RENTAL HOUSING TO THE ELDERLY AND DISABLED. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THERE WERE 50 RESIDENTS AND OUT OF THE 50 RESIDENTS, 45 RESIDENTS RECEIVED SUPPORTIVE SERVICES. 133870 84964 THE MEAL PROGRAM PROVIDES ONE MEAL PER DAY (MONDAY TO FRIDAY) TO EACH RESIDENT OF THE COMPLEX. THIS RELIEVES EACH TENANT OF THE BURDENS OF PREPARING THIS MEAL. IT ALSO PROVIDES PROPER NUTRITION AND DAILY INTERACTION. THESE EXPENSES INCLUDE MEAL PLAN PAYROLL, SUPPLIES, AND FOOD COSTS. 798484 true true false false false false false false true false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 1 0 0 false false false false false false false false false false false false X 10 9 false false false false false false false true true false false true true true true false true false false false MA X X KATHLEEN BARKER 7818488383 53 INDEPENDENCE AVENUE BRAINTREE MA 02184 KATHLEEN BARKER EXEC. DIR./P 18.00 22.00 X X 0 67645 3180 PAUL AGNEW TREASURER 1.00 2.00 X X 0 0 0 ANTHONY AGNITTI DIRECTOR 1.00 2.00 X 0 0 0 JIM BARAKAT DIRECTOR 1.00 2.00 X 0 0 0 LISA BERARDINELLI SECRETARY 1.00 2.00 X X 0 0 0 LEO EGAN DIRECTOR 1.00 2.00 X 0 0 0 KATHLEEN GRAHAM DIRECTOR 1.00 2.00 X 0 0 0 DARRIN MCAULIFFE DIRECTOR 1.00 2.00 X 0 0 0 LINDA MULDOON CLERK 1.00 2.00 X X 0 0 0 PATRICIA QUINTILIANI DIRECTOR 1.00 2.00 X 0 0 0 67645 3180 false false false 521617 521617 RENTAL INCOME 531110 280978 280978 MEAL PROGRAM INCOME 722320 84964 84964 RESIDENT SERVICE INCOME 623990 35608 35608 LAUNDRY INCOME 812300 5143 5143 406693 29881 29881 MISCELLANEOUS 900099 74 74 74 958265 406767 29881 29806 29806 205350 169316 36034 7678 5528 2150 23043 15996 7047 3135 3135 17496 17496 13549 13549 470686 470686 71105 71105 3435 3435 MEAL PROGRAM EXPENSES 62034 62034 RESIDENT SERVICES EXPENSE 384 384 907701 798484 109217 0 134051 116204 6057 996 3257 3257 20306 22999 4132015 3465536 665609 666479 812361 884093 1641641 1694028 171663 177936 28085 28306 2208553 2174623 159334 188593 2567635 2569458 X -925994 -875430 -925994 -875430 1641641 1694028 50564 X false true X true true true X 512012 455061 451191 586671 521617 2526552 364561 415972 402130 417496 406767 2006926 876573 871033 853321 1004167 928384 4533478 4533478 16314 13136 1732 1762 29881 62825 16314 13136 1732 1762 29881 62825 892887 884169 855053 1005929 958265 4596303 0.98630 0.99040 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 98000 98000 3316996 2945509 371487 717019 520027 196992 666479 REPLACEMENT RESERVE 741060 RESIDUAL RECEIPTS 63466 TAX AND INSURANCE ESCROW 51261 TENANT SECURITY DEPOSITS 28306 884093 DUE TO AFFILIATES 188593 188593 X 958265 958265 958265 907701 907701 907701 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ESCROW ACCOUNT LIABILITY ON PART X LINE 21 CONSISTS OF TENANT SECURITY DEPOSITS, WHICH ARE HELD IN A SEPARATE BANK ACCOUNT. THE DEPOSITS ARE REFUNDED TO THE TENANT UPON TERMINATION OF THE LEASE. SCHEDULE D, PAGE 3, PART X THE COMPANY FOLLOWS ASC 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS, PENALTY OR INTEREST FOR THE YEAR ENDED JUNE 30, 2023. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF ALL INFORMATION RETURNS ARE SUBMITTED TO THE GOVERNING BODY OF THE ORGANIZATION FOR APPROVAL BEFORE BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C ALL CONFLICT OF INTEREST SITUATIONS ARE DISCUSSED AMONG THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ARTICLES OF ORGANIZATION AND BY-LAWS ARE AVAILABLE ON THE COMMONWEALTH OF MASSACHUSETTS WEBSITE. THE FEDERAL FORM 990 IS FILED ANNUALLY WITH THE INTERNAL REVENUE SERVICES, AND A COPY INCLUDED ALONG WITH A COPY OF THE AUDITED FINANCIAL STATEMENTS WITH THE PUBLIC CHARITIES FORMS WHEN FILED WITH THE STATE OF MASSACHUSETTS. BOTH RETURNS ARE AVAILABLE TO THE PUBLIC ONLINE OR BY MAKING A WRITTEN REQUEST TO THE APPROPRIATE AUTHORITY. ADDITIONALLY, ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ST FRANCIS RESIDENCES AT BRAINTREE INC 41 INDEPENDENCE AVENUE BRAINTREE MA 02184 042589677 HOUSING MA 501C3 10 N/A false ST FRANCIS RESIDENCES AT BRAINTREE III INC 49 INDEPENDENCE AVENUE BRAINTREE MA 02184 200848276 HOUSING MA 501C3 10 N/A false false false false true true false false false false false false false false true true true true false false