2024-09-10T08:19:43-05:00 2024-06-30 050503395 D'AMBRA CPA 531 HARRIS AVENUE WOONSOCKET RI 028951872 990 2023-07-01 050445955 EAST BAY COMMUNITY DEVELOPMENT CORPORATION EAST 4012532080 150 FRANKLIN ST BRISTOL RI 02809 DIANE MEDEROS EXECUTIVE DIRECTOR 4012532080 2024-09-09 1 0 CRAIG D'AMBRA P00072912 4014742300 X 2023 2024-08-08 14:25:15Z DIANE MEDEROS 150 FRANKLIN ST BRISTOL RI 02809 1593849 0 X N/A X 1985 RI PROVIDE DECENT AND AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME PERSONS 10 10 23 10 0 0 105178 729361 1093716 843322 -65629 21136 37962 30 1171227 1593849 0 0 0 0 0 0 0 0 0 1849516 1727107 1849516 1727107 -678289 -133258 3370418 4223835 321710 746498 3048708 3477337 TO PROVIDE SERVICES IN ORDER TO IMPROVE THE HOUSING STOCK, ASSIST INDIVIDUALS TO BECOME HOMEOWNERS AND PROVIDE DECENT HOUSING TO LOW AND MODERATE INCOME PERSONS 0 0 1410777 1722559 THE ORGANIZATION PURCHASES, SELLS AND RENTS HOUSING FOR LOW AND MODERATE INCOME PERSONS. THE ORGANIZATION HAS ACQUIRED A PROPERTY TO BE USED IN TAX CREDIT LOW INCOME HOUSING. IN ADDITION, THE ORGANIZATION OWNS AND RENTS 4 UNITS OF HOUSING OUTRIGHT AND MANAGES LOW INCOME HOUSING PROPERTIES WITH OVER 333 UNITS IN WHICH IT HAS A GENERAL PARTNER INTEREST OR CONTROLLING INTEREST. SUBSTANTIALLY ALL OF UNITS ARE RENTED TO LOW AND MODERATE INCOME PERSONS 1410777 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 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 1 0 0 0 1 3 0 23 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X THE ORGANIZATION 4012532080 150 FRANKLIN ST BRISTOL RI 02809 BETTE WALPOLE DIRECTOR 1.00 X 0 0 0 ANTHONY MAROUCHOC DIRECTOR 1.00 X 0 0 0 AIDA CABRAL DIRECTOR 1.00 X 0 0 0 JOSUE CANARIO DIRECTOR 1.00 X 0 0 0 VICKY WHITE TREASURER 1.00 X X 0 0 0 DENISE ASCIOLA PRESIDENT 1.00 X X 0 0 0 MARY MOREIRA SECRETARY 1.00 X X 0 0 0 KATHY BAZINET DIRECTOR 1.00 X 0 0 0 CATHERINE TATTRIE VICE PRESIDENT 1.00 X X 0 0 0 RUSSELL MELLO DIRECTOR 1.00 X 0 0 0 DIANE MEDEROS EXECUTIVE DIRECTOR 40.00 X 103550 0 0 103550 0 0 1 0 0 0 FJS ASSOCIATES 135 PELHAM ST NEWPORT RI 02840 DEVELOPMENT CONSULTANT 151500 1 695561 33800 729361 MANAGEMENT FEE 531310 613010 613010 DEVELOPMENT FEES 531310 171103 171103 RENTAL INCOME 531110 59209 59209 843322 21136 21136 MISCELLANEOUS 531390 30 30 30 1593849 843352 0 21136 22250 22250 7000 7000 14630 1902 12728 1039 1039 9179 9179 36789 36789 23788 22492 1296 DEVELOPMENT COSTS 722628 722628 PAYROLL REIMBURSEMENTS 426854 171176 255678 K-1 LOSS 412041 412041 REPAIRS AND MAINTENANCE 14377 14377 36532 13193 23339 1727107 1410777 316330 0 48661 49757 667118 652543 429279 679359 11858 28395 1318713 241011 1114216 1077702 731834 827958 97408 161402 6433 6159 263611 740560 3370418 4223835 70968 127623 247977 616110 2765 2765 321710 746498 X 2869404 3285341 179304 191996 3048708 3477337 3370418 4223835 X -133258 85852 476035 X X 0 1 X 1 0 X 845617 261660 299639 142678 729361 2278955 1379345 789207 594803 1015637 843322 4622314 2224962 1050867 894442 1158315 1572683 6901269 0 0 0 6901269 17886 2523 1935 12450 21136 55930 17886 2523 1935 12450 21136 55930 19182 4831 5453 462 30 29958 2262030 1058221 901830 1171227 1593849 6987157 0.98770 0.98540 0.00800 0.00770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 162500 162500 1004115 88913 915202 152098 152098 0 1077702 FUNDS HELD IN ESCROW 240 PREDEVELOPMENT COSTS 365320 PROPERTY HELD FOR SALE 375000 740560 TENANT SECURITY DEPOSITS 2765 2765 1743695 149846 149846 1593849 0 1593849 1315066 0 1315066 412041 412041 1727107 PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM EQUITY METHOD INVESTMENT 63,994. NET UNREALIZED GAINS ON INVESTMENTS 85,852. PART XII, LINE 4B - OTHER ADJUSTMENTS: K-1 LOSSES 412,041. VARIOUS DIRECTORS DIRECTORS VARIOUS DIRECTORS ARE ALSO DIRECTORS OF OTHER NON PROFIT CORPORATIONS PROVIDING AFFORDABLE HOUSING 0 BRISTOL COUNTY PROPERTY MANAGEMENT CORPORATION COMMON DIRECTORS 122133 VARIOUS DIRECTORS ARE ALSO DIRECTORS OF OTHER NON PROFIT CORPORATIONS IN WHICH THE CORPORATION HAS A MANAGEMENT FEE ARRANGEMENT AND RECEIVES MANAGEMENT FEE FOR MANAGING PROPERTIES UNDER AGREEMENTS APPROVED BY THE REGULATORY AGENCIES GOVERNING THE PROPERTIES;LISTTOTAL 102697 0 ELDER CARE ONE INC AND ELDER CARE TWO INC COMMON DIRECTORS 429937 VARIOUS DIRECTORS ARE ALSO DIRECTORS OF OTHER NON PROFIT CORPORATIONS IN WHICH THE CORPORATION SHARES EMPLOYEES ON A REIMBURSEMENT BASIS UNDER AGREEMENTS APPROVED BY THE REGULATORY AGENCIES GOVERNING THE PROPERTIES;LISTTOTAL 384516 0 WSA INC COMMON DIRECTORS 96362 VARIOUS DIRECTORS ARE ALSO DIRECTORS OF CORPORATION IN WHICH THE CORPORATION EARNS A MANAGEMENT, CLERICAL AND ADMINISTRATIVE FEE;LISTTOTAL 95176 0 SWEETBRIAR LP COMMON DIRECTORS 215205 VARIOUS DIRECTORS ARE ALSO DIRECTORS OF GENERAL PARTNER OF PARTNERSHIP IN WHICH THE CORPORATION EARNS MANAGEMENT FEES AND IS REIMBURSED PAYROLL FOR MANAGING PROPERTIES UNDER AGREEMENTS APPROVED BY THE REGULATORY AGENCIES GOVERNING THE PROPERTIES;LISTTOTAL 168653 0 BRISTOL ASSISTED LIVING LP COMMON DIRECTORS 332395 VARIOUS DIRECTORS ARE ALSO DIRECTORS OF GENERAL PARTNER OF PARTNERSHIP IN WHICH THE CORPORATION EARNS MANAGEMENT FEES AND IS REIMBURSED PAYROLL UNDER AGREEMENTS APPROVED BY REGULATORY AGENCIES GOVERNING THE PROPERTY;LISTTOTAL 322755 0 PALMER POINTE LP COMMON DIRECTORS 222674 VARIOUS DIRECTORS ARE ALSO DIRECTORS OF GENERAL PARTNER OF PARTNERSHIP IN WHICH THE CORPORATION EARNS MANAGEMENT FEES, CLERICAL FEES AND DEVELOPMENT FEES AND REIMBURSED FOR PAYROLL UNDER AGREEMENTS APPROVED BY REGULATORY AGENCY;LISTTOTAL 204309 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TAX RETURN IS REVIEWED BY A CORPORATE OFFICER BEFORE FILING ELECTRONICALLY WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C INFORMALLY AS PART OF BOARD MEETINGS FORM 990, PART VI, SECTION B, LINE 15A PERSONNEL COMMITTEE DETERMINES EXECUTIVE DIRECTORS COMPENSATION AND PRESENTED TO FULL BOARD FOR APPROVAL FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC BETTE WALPOLE - 30 BAY VIEW AVENUE, BRISTOL, RI 02809. ANTHONY MAROUCHOC - 61 JOHN KESSON LANE, MIDDLETOWN, RI 02842. AIDA CABRAL - 3 HIGHVIEW DRIVE, BRISTOL, RI 02809. JOSUE CANARIO - 15 RIVERVIEW AVE, BRISTOL, RI 02809. VICKY WHITE - 2 URSULA DRIVE, BRISTOL, RI 02809. DENISE ASCIOLA - 50 BROOKSFARM DRIVE, BRISTOL, RI 02809. MARY MOREIRA - 570 WOOD ST, BRISTOL, RI 02809. KATHY BAZINET - 63 DUFFIELD ROAD, BRISTOL, RI 02809. CATHERINE TATTRIE - 8 SCHOOLHOUSE ROAD, WARREN, RI 02885. RUSSELL MELLO - 87 ARLINGTON AVENUE, WARREN, RI 02885. FORM 990, PART XI, LINE 9: INCOME UNDER EQUITY METHOD OF ACCOUNTING 63,994. LOSS FROM K-1 412,041. FORM 990, PART XI, LINE 2C NO CHANGE FROM PRIOR YEAR BRISTOL COUNTY PROPERTY MANAGEMENT COMPANY 150 FRANKLIN STREET BRISTOL RI 02809 050488935 MANAGEMENT OF SUBSIDIZED HOUSING PROPERTIES RI 501(C)(3) LINE 11 0 ELDER CARE ONE INC 150 FRANKLIN STREET BRISTOL RI 02809 050467918 OWNERSHIP OF SUBSIDIZED HOUSING RI 501(C)(3) LINE 11 0 ELDER CARE TWO INC 150 FRANKLIN STREET BRISTOL RI 02809 050488093 OWNERSHIP OF SUBSIDIZED HOUSING RI 501(C)(3) LINE 11 0 BAL INC 150 FRANKLIN STREET BRISTOL RI 02809 050502842 GENERAL PARTNER IN LOW INCOME ASSISTED LIVING FACILITY RI C 100 1.00000 0 WSA INC 150 FRANKLIN STREET BRISTOL RI 02809 061479515 COMMERCIAL PROPERTY OWNING STATE OFFICES SERVING THE COMMUNITY RI C 399037 948383 1.00000 0 BSW INC 150 FRANKLIN STREET BRISTOL RI 02809 364634733 GENERAL PARTNER IN LOW INCOME RENTAL HOUSING RI C 22028 1.00000 0 PALMER POINTE DEVELOPMENT CORPORATION 150 FRANKLIN STREET BRISTOL RI 02809 822071539 GENERAL PARTNER IN LOW INCOME RENTAL HOUSING RI C 55768 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 ELDER CARE ONE INC L 57058 ELDER CARE TWO INC L 65075 ELDER CARE ONE INC O 214678 ELDER CARE TWO INC O 215259