2024-06-13T10:13:21-05:00 2024-03-31 042760770 LLOYD B MCMANUS CPAPC PO BOX 130259 BOSTON MA 02113 990 2023-04-01 043204139 UPSALA ELDER HOUSING CORPORATION UPSA 5087921400 36 UPSALA STREET WORCESTER MA 01601 ELIZABETH SANNING PRESIDENT 7819430200 2024-06-11 ELIZABETH SANNING 999009999 1 P01362641 6173671843 2024-06-11 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ELIZABETH SANNING 455 MAIN ST WORCESTER MA 01604 647955 0 X N/A X 1993 MA TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY 2 2 0 0 0 0 345345 405587 229243 237642 49 33 0 4693 574637 647955 0 0 0 0 187300 206938 0 0 0 601580 595713 788880 802651 -214243 -154696 2267754 2129761 147241 163944 2120513 1965817 TO PROVIDE LOW INCOME HOUSING TO ELDERLY PERSONS 0 0 802651 237642 THE ORGANIZATION OPERATES A 50 UNIT APARTMENT BUILDING TO QUALIFIED LOWINCOME ELDERLY INDIVIDUALS 802651 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MA X MALONEY PROPERTIES INC 7819430200 27 MICA LANE WELLESLEY MA 024811707 ELIZABETH SANNING PRESIDENT/SECRETARY 1.00 X X 0 0 0 RUTH RODRIGUEZ FAY DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 405587 405587 TENANTS RENT PAYMENT 531110 237642 237642 237642 33 33 LAUNDRY & VENDING 531110 4693 4693 4693 647955 242368 0 0 164242 164242 23654 23654 19042 19042 49692 49692 17096 17096 30395 30395 169452 169452 30037 30037 UTILITIES 104321 104321 MAINTENANCE CONTRACTS 45737 45737 REAL ESTATE TAXES 39398 39398 RESIDENT SERVICES 38658 38658 70927 70927 802651 802651 0 0 1881 11362 4259 10389 4945 8153 5771310 3801461 2094792 1969849 161877 130008 2267754 2129761 130232 144793 798 2219 16211 16932 147241 163944 X -2780487 -2935183 4901000 4901000 2120513 1965817 2267754 2129761 -154696 0 X X 0 1 X 1 1 1 X 361551 361174 375026 345345 405587 1848683 225689 198491 227044 229243 237642 1118109 587240 559665 602070 574588 643229 2966792 0 0 0 2966792 294 178 71 49 33 625 294 178 71 49 33 625 4376 5215 5414 4693 19698 591910 565058 607555 574637 647955 2987115 0.99320 0.91710 0.00020 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5390934 3533982 1856952 380376 267479 112897 1969849 ESCROWS 28746 RESERVE FOR REPLACEMENT 71075 TENANT SECURITY DEPOSITS 17935 RESIDUAL RECEIPTS 12252 130008 TENANTS SECURITY DEPOSITS PAYABLE 16932 16932 647954 0 647954 0 647954 802651 0 802651 0 802651 Form 990, Part VI, Section A, line 3 MALONEY PROPERTIES, INC IS AN INDEPENDENT MANAGEMENT COMPANY WHO MANAGES THE PROPERTY. THE MANAGEMENT CONTRACT IS APPROVED BY HUD. Form 990, Part VI, Section B, line 11b THE FINANCIAL STATEMENTS ARE REVIEWED AND APPROVED BY THE MANAGEMENT COMPANY PRIOR TO BEING FINALIZED AND FILED Form 990, Part VI, Section B, line 12c MANAGEMENT REVIEWS AND UPDATES ANNUALLY. BOARD MEMBERS APPROVE REVISED POLICIES AS NEEDED. Form 990, Part VI, Section C, line 19 THE ORGANIZATION HAS AVAILABLE THE REQUIRED INFORMATION UPON WRITTEN REQUEST, FURTHER, THE REQUIRED INFORMATION IS AVAILABLE AT THE CHARITABLE DIVISION OF THE ATTORNEY GENERAL. FORM 990, PART XII, LINE 2C: THE CORPORATION HAS AN AUDIT COMMITTEE. THE AUDIT COMMITTEE MEETS ANNUALY TO SELECT THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.