2024-05-14T04:32:37-05:00 2023-12-31 221478099 COHNREZNICK LLP ONE BOSTON PLACE SUITE 500 BOSTON MA 02108 990 2023-01-01 223160793 NATIONAL AFFORDABLE HOUSING FOUNDATION SCHENECTADY INC NATI 7815474280 255 BEAR HILL ROAD 101 WALTHAM MA 02451 WILLIAM S CASPER PRESIDENT 7815474280 2024-05-03 1 WILLIAM CASPER 999009999 0 ALEXIS DEUTSCH P01873484 6176481400 2024-05-02 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X WILLIAM S CASPER 255 BEAR HILL ROAD 101 WALTHAM MA 02451 4960094 0 X N/A X 1992 NY TO FOSTER AND ENGAGE IN THE DEVELOPMENT OF LOW/MODERATE INCOME HOUSING, AND TO PROVIDE EDUCATION REGARDING AFFORDABLE HOUSING 4 4 0 4 0 0 10553 10553 3776722 3889739 10183 20092 22830 1039710 3820288 4960094 0 10000 0 0 0 0 0 0 0 4129779 3930116 4129779 3940116 -309491 1019978 10592488 11266257 19732946 19386737 -9140458 -8120480 TO FOSTER AND ENGAGE IN THE DEVELOPMENT OF LOW/MODERATE INCOME HOUSING, AND TO PROVIDE EDUCATION REGARDING AFFORDABLE HOUSING 0 0 3723328 10000 4929449 TO DEVELOP AND MAKE AVAILABLE, FOR RENTAL PURPOSES, 292 UNITS OF LOW AND MODERATE INCOME HOUSING OPERATED UNDER EXISTING U.S. HUD GUIDELINES 3723328 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 MA NY X OLIVIA SILVEIRA CO BLC MGMT 7815474280 255 BEAR HILL ROAD SUITE 101 WALTHAM MA 02451 X ELISE DEWINTER ECKLEKAMP DIRECTOR 2.00 2.50 X 0 0 0 MARC A COHEN TREASURER 2.00 3.50 X X 0 0 0 MONROE MOSELEY DIRECTOR 2.00 2.50 X 0 0 0 WILLIAM S CASPER PRESIDENT 2.00 4.00 X X 0 0 0 0 0 0 0 0 0 0 THE BOSTON LAND COMPANY 255 BEAR HILL ROAD SUITE 101 WALTHAM MA 02451 MANAGEMENT SERVICES 196853 1 10553 10553 RENTAL INCOME 531110 3889739 3889739 3889739 20092 20092 INSURANCE LOSS SETTLEM 532420 1009994 1009994 LAUNDRY INCOME 532420 18220 18220 11496 11496 1039710 4960094 4929449 0 20092 X 10000 10000 796834 599981 196853 19935 19935 714417 714417 30911 30911 168003 168003 868784 868784 19526 19526 465685 465685 391532 391532 235002 235002 REPAIRS & MAINTENANCE 118486 118486 INSURANCE SETTLEMENT 71623 71623 BAD DEBTS 28878 28878 LICENSES AND PERMITS 500 500 3940116 3723328 216788 0 821273 104571 377462 518624 161124 190169 21196 31289 15339047 7271663 7927554 8067384 1283879 2354220 10592488 11266257 178032 219369 301977 301726 107646 111646 19138951 18747656 6340 6340 19732946 19386737 X -9140458 -8120480 -9140458 -8120480 10592488 11266257 1019978 0 X 0 1 X 0 1 1 X 28787 10553 10553 10553 10553 70999 3630166 3703865 3735690 3776722 3889739 18736182 3658953 3714418 3746243 3787275 3900292 18807181 0 0 0 18807181 19353 7242 978 10183 20092 57848 19353 7242 978 10183 20092 57848 33005 34240 35300 22830 1039710 1165085 3711311 3755900 3782521 3820288 4960094 20030114 0.93890 0.98880 0.00290 0.00270 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY INCOME - 2019 AMOUNT: $ 20,920. 2020 AMOUNT: $ 22,360. 2021 AMOUNT: $ 22,925. 2022 AMOUNT: $ 20,460. 2023 AMOUNT: $ 18,220. RESIDENT AC CHARGES - 2019 AMOUNT: $ 12,085. 2020 AMOUNT: $ 11,880. 2021 AMOUNT: $ 12,375. NON-RENTAL INCOME - 2022 AMOUNT: $ 2,370. 2023 AMOUNT: $ 11,496. INSURANCE LOSS SETTLEMENT - 2023 AMOUNT: $ 1,009,994. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 928073 928073 13771176 6660147 7111029 505874 500596 5278 133924 110920 23004 8067384 TENANT SECURITY DEPOSITS 114924 ESCROW ACCOUNTS 1295163 REPLACEMENT RESERVE DEPOSITS 944133 2354220 DUE TO AFFILIATES 6340 6340 X 4953102 0 4953102 6992 6992 4960094 3933124 -6992 -6992 3940116 0 3940116 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT DEPOSITS AS REQUIRED BY STATE LAW. PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD RESULT IN RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. PART XI, LINE 4B - OTHER ADJUSTMENTS: ENTITY REVENUE 6,992. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENTITY REVENUE -6,992. 1 EMERGENCY RELIEF 10 10000 FORM 990, PART VI, SECTION A, LINE 3 THE BOSTON LAND COMPANY MANAGES THE RENTAL PROPERTY OWNED BY THE NON-PROFIT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B AFTER FORM 990 IS GIVEN TO THE BOARD, ONE OF THE OFFICERS OR DIRECTORS SIGNS THE FORM 990. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 11G CONSULTANT FEE: PROGRAM SERVICE EXPENSES 714,417. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 714,417. NAHF HAVERHILL INC 151 TREMONT STREET BOSTON MA 02111 043327403 TO PROVIDE HOUSING FACILITIES MA 501(C)(3) PF NAHF INC 0 NAHF TAUNTON INC C/O BOSTON LAND CO 411 WAVERLY OAKS WALTHAM MA 02452 043274975 TO PROVIDE HOUSING FACILITIES MA 501(C)(3) LINE 10 NAHF INC 0 NAHF INC 151 TREMONT STREET BOSTON MA 02111 043320678 TO PROVIDE HOUSING FACILITIES MA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0