2024-04-25T14:58:19-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-07-01 043561068 BPHC MATTAPAN DEVELOPMENT CORP INC BPHC 6175389640 1010 MASSACHUSETTS AVENUE BOSTON MA 02118 TIMOTHY HARRINGTON PRESIDENT/CLERK/DIRECTOR 6175389640 2024-04-20 1 TIMOTHY HARRINGTON 999009999 0 DANIELLE NIHILL P01350943 7819821001 2024-04-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TIMOTHY HARRINGTON 1010 MASSACHUSETTS AVENUE BOSTON MA 02118 742165 0 X N/A X 2007 MA TO PROVIDE & MAINTAIN LOW-INCOME HOUSING WITHOUT BURDENING THE GOVERNMENT. 2 2 0 3 0 0 0 0 701126 742165 0 0 0 0 701126 742165 0 0 0 0 0 0 0 0 0 66058 32987 66058 32987 635068 709178 25938858 26648036 0 0 25938858 26648036 X THE ORGANIZATIONS MISSION IS TO PROMOTE SOCIAL WELFARE BY BRINGING ABOUT CIVIC BETTERMENTS & SOCIAL IMPROVEMENTS BY LESSONING THE BURDENS ON GOVERNMENT & HELPING TO PROVIDE AFFORDABLE HOUSING TO RESIDENTS OF THE CITY OF BOSTON, THEREBY RELIEVING THE POOR & DISTRESSED. OVER THE LAST 10 YEARS WE HAVE HELPED REHABILITATE FIVE ABANDONED HISTORIC BUILDINGS, CREATING AND MAINTAINING 330 RESIDENTIAL UNITS, OF WHICH, 308 ARE AFFORDABLE TO RESIDENTS MAKING 60% OF THE AREA MEDIAN INCOME OR LESS ON OUR CAMPUS KNOWN AS THE FORMER BOSTON SPECIALTY REHABILITATION HOSPITAL CAMPUS. 0 0 32987 742165 TO PROMOTE CIVIC BETTERMENTS, SOCIAL IMPROVEMENTS BY HELPING TO PROVIDE AFFORDABLE LOW-INCOME HOUSING IN THE CITY OF BOSTON ON THE FORMER BOSTON SPECIALTY REHABILITATION HOSPITAL CAMPUS, WITHOUT BURDENING THE GOVERNMENT. FOR PURPOSES OF REHABILITATING SEVERAL HISTORIC ABANDONED BUILDINGS AND BUILDING SEVERAL NEW BUILDING ON THE CAMPUS, CREATING OVER 300 NEW UNITS OF AFFORDABLE HOUSING, THE ORGANIZATION ENTERED INTO SEVERAL GROUND LEASES, ACQUISITION NOTES AND OTHER LOAN INSTRUMENTS WITH SEVERAL, FOR-PROFIT PARTNERSHIPS. THE PROGRAM REVENUE REPORTED FOR THIS YEAR IS THE ACCRUED INTEREST EARNED ON THESE VARIOUS LOANS, MOST OF THESE LOANS ARE DUE UPON MATURITY OR PAYABLE FROM SURPLUS CASH FLOW FROM THE PARTNERSHIPS. IN SOME CASES THE SURPLUS CASH IS PAID AGAINST A LOAN AND THEN USED FOR CAMPUS AREA MAINTENANCE PURSUANT TO AN AGREEMENT WITH THE BOSTON PUBLIC HEALTH COMMISSION AS DISCLOSED ON SCHEDULE R AS A RELATED PARTY, THE CAMPUS ALSO SERVICES SEVERAL OTHER PROGRAMS. IN THIS CASE THE SURPLUS CASH WAS RECEIVED, APPLIED AS AN INTEREST PAYMENT AGAINST ONE OF THE LOANS AND USED FOR CAMPUS AREA MAINTENANCE PURSUANT TO THE AGREEMENT. 32987 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X TIMOTHY HARRINGTON 6175389640 1010 MASSACHUSETTS AVENUE BOSTON MA 02118 X TIMOTHY HARRINGTON PRESIDENT/CLERK/DIRECTOR 2.00 38.00 X X 0 0 0 BATOOL RAZA TREASURER 2.00 38.00 X X 0 0 0 0 0 0 0 0 0 0 0 ACCRUED INTEREST ON LO 531390 742165 742165 742165 742165 742165 0 0 32987 32987 32987 32987 0 0 X 25938858 26648036 25938858 26648036 0 0 X 0 0 0 0 25938858 26648036 25938858 26648036 25938858 26648036 709178 0 X 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE 990 IS FORWARDED IN DRAFT TO THE ORGANIZATIONS BOARD OF DIRECTORS AND OFFICERS FOR REVIEW AND COMMENT, BEFORE IT IS SIGNED BY THE CLERK AND SENT TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 7 AND 33 THE NET ASSETS ARE DUE AND PAYABLE PURSUANT TO THE TERMS OF THE LOAN AGREEMENTS. ANY UNPAID PRINCIPLE AND INTEREST IS DUE UPON MATURITY OR SALE ON THE LOANS. COMMONWEALTH OF MASSACHUSETTS BOSTON PUBLIC HEALTH COMMISSION (BPHC) 1010 MASSACHUSETTS AVENUE BOSTON MA 02118 GOVERNMENT ENTITY MA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 BOSTON PUBLIC HEALTH COMMISSION R 32987 GROUND LEASE AGREEMENT