2024-10-02T15:07:45-05:00 2024-06-30 042760770 LLOYD B MCMANUS CPAPC PO BOX 130259 BOSTON MA 02113 990 2023-07-01 222809776 MOUNT CARMEL HOUSING INC MOUN 5087528022 50 SHREWSBURY STREET WORCESTER MA 01604 MSGR F STEPHEN PEDONE PRESIDENT & TREASURER 5087528022 2024-08-28 0 P01362641 6173671843 2024-08-28 2023 2024-10-15 13:58:12Z MSGR F STEPHEN PEDONE 50 SHREWSBURY STREET WORCESTER MA 01604 1251194 0 X N/A X 1987 MA TO PROVIDE ELDERLY & HANDICAPPED INDIVIDUALS WITH HOUSING FACILITIES AND OTHER SERVICES SPECIFICALLY DESIGNED TO MEET THEIR NEEDS. 4 4 0 0 0 0 0 0 1179582 1236441 6698 8834 964 5919 1187244 1251194 0 0 0 0 299731 296405 0 0 0 1052811 1123954 1352542 1420359 -165298 -169165 2868855 2667651 5127210 5095171 -2258355 -2427520 TO PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND OTHER SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS. 0 0 1405798 1251194 THE CORPORATION OWNS AND OPERATES A 75-UNIT APARTMENT BUILDING, SPECIFICALLY DESIGNED TO MEET THE NEEDS OF QUALIFIED ELDERLY AND HANDICAPPED INDIVIDUALS. 1405798 1 0 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 4 4 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 02481 X MSGR F STEPHEN PEDONE PRESIDENT/TREASURER 1.00 X X 0 0 0 MARY DISILVESTRO DIRECTOR 1.00 X 0 0 0 ROBERT STILES DIRECTOR 1.00 X 0 0 0 JEFF MULFORD DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 1236441 1236441 1236441 8834 8834 LAUNDRY REVENUE 531110 5619 5619 MISCELLANEOUS 531110 300 300 5919 1251194 1251194 0 0 246479 246479 27135 27135 22791 22791 50048 50048 715 715 13220 13220 1463 1463 39316 39316 289487 289487 227449 227449 48921 48921 UTILITIES 120732 120732 REAL ESTATE TAXES 86503 86503 MAINTENANCE CONTRACTS 72559 72559 MAINTENANCE SUPPLIES 42138 42138 131403 130062 1341 1420359 1405798 14561 0 51617 4678 70260 24427 47737 51780 7686469 5493728 2394552 2192741 164538 157198 140151 236827 2868855 2667651 107929 182842 4263 7347 4973630 4864218 41388 40764 5127210 5095171 X -2258355 -2427520 -2258355 -2427520 2868855 2667651 -169165 0 X X 0 1 X 1 1 1 X 832643 857672 874135 829687 854503 4248640 342097 349362 342999 349895 381938 1766291 1174740 1207034 1217134 1179582 1236441 6014931 0 0 0 6014931 4597 582 563 6698 8834 21274 4597 582 563 6698 8834 21274 4080 11237 8845 964 5919 31045 1183417 1218853 1226542 1187244 1251194 6067250 0.99140 0.99240 0.00350 0.00290 X 500000 500000 5717373 4317462 1399911 1469096 1176266 292830 2192741 TENANT SECURITY DEPOSITS 26231 TAX AND INSURANCE ESCROWS 51846 RESERVE FOR REPLACEMENTS 147471 RESIDUAL RECEIPTS 11279 236827 SECURITY DEPOSITS PAYABLE 24501 LOAN FROM SPONSOR 16263 40764 1251194 0 1251194 0 1251194 1420359 0 1420359 0 1420359 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 SECRETARY OF STATE'S OFFICE. FORM 990, PART XII, LINE 2C THE CORPORATION HAS AN AUDIT COMMITTEE. THE AUDIT COMMITTEE MEETS ANNUALLY TO SELECT THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.