2024-11-15T12:14:13-06:00 2023-12-31 453085083 DAMIANO BURK & NUTTALL PC 6 BLACKSTONE VALLEY PL STE 109 LINCOLN RI 02865 990 2023-01-01 050408633 WOMEN'S OPPORTUNITY REALTY CORPORATION WOME 4019412900 861A BROAD STREET PROVIDENCE RI 02907 FRANK SHEA EXECUTIVE DIRECTOR 4019412900 2024-11-15 1 1 JASON NUTTALL P00157872 4013332880 2024-11-15 2023 2024-10-15 13:58:12Z FRANK SHEA 861A BROAD STREET PROVIDENCE RI 02907 49848 0 X WWW.WDCHOC.ORG X 1983 RI HOUSING OPPORTUNITIES FOR LOW AND MIDDLE CLASS FAMILIES AND THE ELDERLY. 7 5 0 0 0 0 0 0 576548 49848 228 0 0 0 576776 49848 0 0 0 0 0 0 0 0 0 585785 42535 585785 42535 -9009 7313 4571369 5704470 4711342 5092849 -139973 611621 EXPAND HOUSING OPPORTUNITIES FOR THE LOW AND MIDDLE CLASS FAMILIES AND THE ELDERLY. 0 0 42535 49848 EXPAND THE HOUSING OPPORTUNITIES FOR LOW-INCOME FAMILIES BY THE PURCHASE AND REHABILITATION OF EXISTING BLDGS AND CONSTRUCTION OF NEW BLDGS IN S. PROVIDENCE 42535 1 0 0 0 0 0 0 0 0 0 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X THE ORGANIZATION 4019412900 861A BROAD STREET PROVIDENCE RI 02907 X LARRY KELLAM TREASURER 2.00 X X 0 0 0 MICHELLE BROPHY SECRETARY 2.00 X X 0 0 0 CHARLIE THOMAS-DAVISON VICE PRESIDENT 2.00 X X 0 0 0 FRANK SHEA PRESIDENT 2.00 X 0 0 0 0 0 0 0 0 0 0 0 DEVELOPER FEE INCOME 531390 49848 49848 49848 49848 49848 0 0 HOUSING COSTS 42535 42535 42535 0 42535 0 741 606 1561737 1836899 692260 692260 228 744557 2316403 2430148 4571369 5704470 238326 242926 2011541 2852055 669000 669000 1792475 1328868 4711342 5092849 X -139973 611621 -139973 611621 4571369 5704470 7313 744281 0 X 0 1 X 0 0 X X 1 WOMENS DEVELOPMENT CORPORATION 050383354 10 1 12000 0 1 12000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 SECTION D THE ORGANIZATION ASSISTS WOMENS DEVELOPMENT CORPORATION BY PROVIDING A FUNDING VEHICLE TO ACT AS GENERAL PARTNER ON A NUMBER OF LOW INCOME HOUSING PROJECTS. SECTION E THE ORGANIZATION HELPS PROVIDE A FUNDING MECHANISM FOR THE INVOLVEMENT IN LOW INCOME HOUSING PROJECTS. SECTION E WOMENS DEVELOPMENT CORPORATION WOULD HAVE STILL CONDUCTED THE ACTIVITIES IN WHICH WORC IS INVOLVED. 0 1% G.P. INTEREST-LEXINGTON APTS 7958 C 100% STOCK, EAP, INC. 91411 C 100% STOCK, WEA, INC. -12756 C 100% STOCK, PNA, INC. -4235 C 100% STOCK, HWE, INC. -14691 C 100% STOCK, WSHP, INC. -9060 C 99% LP INT, WEST END PRESERVATION -440342 C 99% LP INT, HISTORIC WEST END II -246974 C 100% STOCK, DSS DEVELOPMENT, INC. -15110 C 100% STOCK, SF DEVELOPMENT, INC. -61 C 100% LLC INT, WS DEVELOPMENT LLC -52 C 100 STOCK, PV DEVELOPMENT, INC. 100 C 100 STOCK BH DEVELOPMENT 6450 C 99% LP INT, BREAKNECK HOLLOW 638590 C DEFICIT CAPITAL NOT RECOGNIZED 743329 C 744557 INTEREST RECEIVABLE 1431605 LOW-INCOME AND AFFORDABLE HOUSING PROJECTS IN DEVELOPMENT 998543 2430148 DUE TO AFFILIATE 186613 LOANS PAYABLE, RELATED PARTY 1142255 1328868 X PART X, LINE 2: INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT TO THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 IS AVAILABLE UPON REQUEST FOR REVIEW BY MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED MONTHLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS EXECUTIVE WAGES AND ALL OTHER SALARIES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE FOR REVIEW UPON REQUEST BY THE GENERAL PUBLIC. 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. HOUSING OPPORTUNITIES CORPORATION 861A BROAD STREET PROVIDENCE RI 02907 222487344 MANAGEMENT OF LOW INCOME HOUSING RI 501 LINE 7 0 WOMENS DEVELOPMENT CORPORATION 861A BROAD STREET PROVIDENCE RI 02907 050383354 DEVELOPMENT OF LOW INCOME HOUSING RI 501 LINE 7 0 SCHOOL HOUSE PLACE LP 861A BROAD ST PROVIDENCE RI 02907 050482951 OWN AND RENT LOW INCOME HOUSING RI WSHP INC INVESTMENT 0 1 0.01000 NEIGHBORHOOD PRESERVATION APTS LP 861A BROAD ST PROVIDENCE RI 02907 050464582 OWN AND RENT LOW INCOME HOUSING RI PAWTUCKET NEIGHBORHOOD APTS INC INVESTMENT 0 1 0.01000 WEST END PRESERVATION APTS LP 861A BROAD ST PROVIDENCE RI 02907 050464605 OWN AND RENT LOW INCOME HOUSING RI WEPA INC INVESTMENT 0 1 0.01000 DEAN STREET STUDIOS LP 861A BROAD ST PROVIDENCE RI 02907 371770972 OWN AND RENT LOW INCOME HOUSING RI DSS DEVELOPMENT INC INVESTMENT 0 1 0.00900 SHANNOCK FALLS LLC 861A BROAD ST PROVIDENCE RI 02907 821915240 OWN AND RENT LOW INCOME HOUSING RI PV DEVELOPMENT INC INVESTMENT 0 1 0.00100 WILLIS STREET LLC 861A BROAD ST PROVIDENCE RI 02907 832267946 OWN AND RENT LOW INCOME HOUSING RI WS DEVELOPMENT LLC INVESTMENT 0 1 0.01000 PV EXETER APARTMENTS LP 861A BROAD ST PROVIDENCE RI 02907 853135516 OWN AND RENT LOW INCOME HOUSING RI PV DEVELOPMENT INC INVESTMENT 0 1 0.01000 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 SCHOOL HOUSE PLACE LP D 7460 COST NEIGHBORHOOD PRESERVATION APTS LP D 669000 COST WEST END PRESERVATION APTS LP D 15800 COST WOMENS DEVELOPMENT CORPORATION E 651870 COST WOMENS DEVELOPMENT CORPORATION E 1142255 COST WOMENS DEVELOPMENT CORPORATION M 12000 COST