2024-09-27T07:49:18-05:00 2023-12-31 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2023-01-01 260215059 Housing Benefits HOUS 6036419441 122 Market Street Manchester NH 03101 Maria Devlin CEO President/CEO 6036272636 2024-09-26 1 1 Melissa Magoon CPA P01712842 6036697337 2024-09-26 2023 2024-10-15 13:58:12Z Maria Devlin 122 Market Street Manchester NH 03101 5242931 0 X N/A X 2009 NH Purchase and development of transitional and low-income housing. 5 5 31 10 0 0 1349165 2070098 2124216 2919430 4758 27854 131267 214999 3609406 5232381 0 0 0 0 768734 846223 0 0 300201 3677273 4564654 4446007 5410877 -836601 -178496 24938003 27418018 18660479 19938365 6277524 7479653 Purchase and development of transitional and low-income housing. 0 0 4657732 2919430 Transitional and low-income housing. 4657732 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 28 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NH X Daniel Kern 6037827254 122 Market Street Manchester NH 03101 Brian Hansen Chair 1.00 1.00 X X 0 0 0 Chad Campbell Vice Chair 1.00 1.00 X X 0 0 0 Josh Reap Secretary 1.00 0.00 X X 0 0 0 Richard Goulette Director 1.00 0.00 X 0 0 0 Liz Isabelle Director 1.00 0.00 X 0 0 0 Heather Whitfield Past Chair 1.00 1.00 X X 0 0 0 Samantha Dove Past Director 1.00 0.00 X 0 0 0 Maria Devlin President/CEO 10.00 30.00 X 0 235447 22952 Kerry Pelleran Chief Operating Officer 20.00 20.00 X 0 120962 22995 Daniel Kern Chief Financial Officer 15.00 25.00 X 0 101650 12055 Kumar Ampapathini Past Interim CFO 14.00 26.00 X 0 70000 0 0 528059 58002 0 0 1 1 Families in Transition 122 Market Street Manchester NH 03101 Management Fees 1116818 Soil-Away Cleaning and Restoration Servi 5 Eastoint Drive Suite 23 Hooksett NH 03106 Mitigation and Restoration 201106 2 1859401 210697 2070098 Tenant Rent 531110 2701666 2701666 Laundry/Vending/Misc 531110 217764 217764 2919430 27854 27854 94282 10550 83732 83732 Cancellation of Debt 531110 131267 131267 131267 5232381 2919430 0 242853 788000 630400 94560 63040 58223 46578 6987 4658 1116818 1116818 32905 26324 3949 2632 66075 52860 7929 5286 5417 4334 650 433 21885 17508 2626 1751 6023 4817 723 483 1020771 886168 80761 53842 7123 5697 855 571 290561 232449 34867 23245 1110113 888090 133214 88809 150796 122399 18095 10302 Repairs & Maintenance 560233 448186 67228 44819 Condo Fees 90967 90967 Miscellaneous 84967 84137 500 330 5410877 4657732 452944 300201 X 420828 464709 822618 1386085 36095 92620 55528 28009 38290036 13068900 23516441 25221136 25051 25051 61442 200408 24938003 27418018 1061515 1780954 28938 21022 15269826 16133320 2300200 2003069 18660479 19938365 X 6277524 7479653 6277524 7479653 24938003 27418018 X -178496 1380625 X 0 1 X 1 0 X 2235252 1136679 1210107 1349165 2070098 8001301 2235252 1136679 1210107 1349165 2070098 8001301 8001301 11283 4761 1965 4758 27854 50621 59455 51565 58707 83732 253459 131267 131267 131267 131267 131267 656335 8961716 9680264 0.89280 0.88840 X Schedule A, Part II, Line 10, Explanation of Other Income: Cancellation of Debt - 2019 Amount: $ 131,267. 2020 Amount: $ 131,267. 2021 Amount: $ 131,267. 2022 Amount: $ 131,267. 2023 Amount: $ 131,267. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2695866 2695866 34298456 12032922 22265534 695014 522552 172462 600700 513426 87274 25221136 Tenant Security Deposits 53921 Due to Affiliates 1949148 2003069 X Part X, Line 2: The standards for accounting for uncertainty in income taxes require the Organization to report any uncertain tax positions and to adjust its consolidated financial statements for the impact thereof. As of December 31, 2023 and 2022, the Organization determined that it had no tax positions that did not meet the more-likely-than-not threshold of being sustained by the applicable tax authority. The Organization files an informational return in the United States. This return is generally subject to examination by the federal government for up to three years. 94282 10500 50 0 94282 10500 50 10550 83732 NH 1 0 1 0 1.00000 Daniel Kern Chief Financial Office 122 Market Street Manchester NH 03101 1 83732 10550 Granite State Poker Alliance 165 John E Devine Drive Manchester NH 031034034 Maria Devlin The gaming manager oversees the supervision of all charitable gaming activities. The gaming is run by an outside charitable gaming Organization. Services provided by the gaming manager include oversight of staff, volunteers and the charitable gaming days.Gaming Manager oversees all fundraising event related activities, including organizing staff and volunteers. Total compensation paid to Gaming Manager was in their capacity as an employee of Housing Benefits; services related to the events were a very small portion of the total services he/she provided to the organization during the fiscal year, so no reasonable basis for the amount of their compensation related to gaming activities can be established. Granite State Poker Alliance oversees all of the activities of the actual gaming. X 0 0 0 0 0 0 0 0 0 0 Maria Devlin President/CEO 0 195447 0 40000 0 0 0 0 0 22952 0 258399 0 0 Form 990, Part VII, Line 5: Families in Transition, a related organization, paid TechCXO, an unrelated organization, $70,000 for services provided by Kumar Ampapathini as Interm CFO to both organizations during 2023. Families in Transition is not able to determine the compensation paid to Kumar Ampapathini, only the amount paid to TechCXO. Form 990, Part VI, Section A, line 6 The Members of the Corporation shall be those persons serving from time to time as its Board of Trustees. The Board of Trustees of the Corporation will report to the Board of Trustees of its parent corporation, Families in Transition. Form 990, Part VI, Section A, line 7a The Board of Trustees shall elect, from their own membership, a Governance Committee for the nomination of Trustees and officers of the Corporation. Upon nomination the Trustees and Officers must be approved by majority vote of the Board of Trustees. Form 990, Part VI, Section A, line 7b A quorum must be present in order for the Board of Trustees to vote to approve governing decisions. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the CFO and President before presenting to the Treasurer of the Board of Directors of its parent corporation. The Treasurer of the Board of Directors, who is also the Chairperson of the Audit/Finance Committee, reviews the 990 before submission to the IRS. Form 990, Part VI, Section B, line 12c Board Members sign a conflict of interest statement upon joining the Board. The Board members must report to the Board any conflicts that occur during the course of business throughout the year. Any potential conflicts would be discussed at the Governance Committee level and then reported to the Board. Form 990, Part VI, Section C, line 19 All organizing and operating documents are available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.253(a)-3(n) Election: Housing Benefits, Inc. 122 Market Street Manchester, NH 03101 EIN: 26-0215059 Housing Benefits, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Transfer of Equity resulting from dissolution of Limited Partnership 1,498,562. Transfer of net asset to non-related entity -117,937. HB-AH LLC 122 Market Street Mancheser NH 03101 832472599 Rental NH 402327 1473005 Housing Benefits Families in Transition 122 Market Street Manchester NH 03101 020475414 Transition Housing NH 501(c)(3) Line 10 N/A 0 New Hampshire Coalition to End Homelessness 122 Market Street Manchester NH 03101 020526212 Awareness of homelessness issues in NH NH 501(c)(3) Line 7 Families in Transition 0 Family Willows LP 122 Market Street Manchester NH 03101 205110344 Rental NH Big Shady Tree Inc Related -49697 2810499 0 0 1.00000 Bicentennial Families Concord Inc 122 Market Street Manchester NH 03101 510461048 Rental NH Housing Benefits C 1.00000 1 Brick Mill House Families II Inc 122 Market Street Manchester NH 03101 020521165 Rental NH Housing Benefits C 1.00000 1 Big Shady Tree Inc 122 Market Street Manchester NH 03101 205109693 Rental NH N/A C 0 Second Street Family Mill Inc 122 Market Street Manchester NH 03101 161699036 Rental NH N/A C 0 Wilson Street Condominium Association 1662 Elm Street 2nd Floor Manchester NH 03101 301079078 Condo Association NH N/A C 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1