2024-11-14T10:11:58-06:00 2024-06-30 453085083 DAMIANO BURK & NUTTALL PC 6 BLACKSTONE VALLEY PL STE 109 LINCOLN RI 02865 990 2023-07-01 261407220 ADELANTE INC ADEL 4019412900 861A BROAD STREET PROVIDENCE RI 02907 FRANK SHEA EXECUTIVE DIRECTOR 4019412900 2024-11-13 1 0 JASON NUTTALL P00157872 4013332880 2024-11-13 2023 2024-10-15 13:58:12Z FRANK SHEA 861A BROAD ST PROVIDENCE RI 02907 658018 0 X WWW.WDCHOC.ORG X 2008 RI TO PROVIDE AFFORDABLE HOUSING IN PROVIDENCE, RHODE ISLAND FOR SENIOR CITIZENS AND THE DISABLED UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. 7 7 0 0 0 0 458405 466240 173275 173312 12119 17927 15582 539 659381 658018 0 0 0 0 109946 160981 0 0 0 555030 546143 664976 707124 -5595 -49106 3836121 3759070 4600895 4572950 -764774 -813880 TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND DISABLED IN THE PROVIDENCE, RI AREA UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. 0 0 618204 173851 PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND DISABLED IN THE PORVIDENCE, RI AREA UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. OWNS AND OPERATES A 53 UNIT APARTMENT COMPLEX. 618204 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X LILLIAN MOLLOY 4019412900 861A BROAD STREET PROVIDENCE RI 02907 X FRANK SHEA PRESIDENT 1.00 39.00 X 0 0 0 LARRY KELLAM TREASURER 0.50 X 0 0 0 VICKIE WALTERS VICE PRESIDENT 0.50 X 0 0 0 MICHELLE BROPHY SECRETARY 0.50 X 0 0 0 0 0 0 0 0 0 0 0 466240 466240 TENANT RENT 531110 172672 172672 LAUNDRY REVENUE 531110 640 640 173312 17927 17927 MISCELLANEOUS 531110 539 539 539 658018 173851 0 17927 160981 160981 47648 47648 331 331 22757 22757 18314 130 18184 277041 277041 111468 111468 46833 46833 RENT FREE UNIT 12096 12096 RESIDENT SERVICE COORDI 9655 9655 707124 618204 88920 0 17051 14083 490423 452809 227 5001 33907 40188 5531123 2284134 3294513 3246989 3836121 3759070 153559 125345 4435800 4435800 11536 11805 4600895 4572950 X -764774 -813880 -764774 -813880 3836121 3759070 -49106 0 X X 0 1 X 1 1 1 X 404439 407230 398735 458405 466240 2135049 158415 153461 154093 188857 173851 828677 562854 560691 552828 647262 640091 2963726 0 0 0 2963726 6108 189 240 12119 17927 36583 6108 189 240 12119 17927 36583 568962 560880 553068 659381 658018 3000309 0.98780 0.99000 0.01220 0.01000 X 920031 920031 4506987 2182061 2324926 104105 102073 2032 3246989 TENANT SECURITY DEPOSIT LIAB 11805 11805 X 658018 0 658018 0 658018 707124 0 707124 0 707124 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 CORPORATION 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 CORPORATION 'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2024. TAX YEARS PRIOR TO 2020 HAVE BEEN CLOSED FOR EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS AVAILABLE FOR REVIEW BY THE GOVERNING BOARD UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY ADHERES TO THE CONFLICT OF INTEREST POLICY THAT IS IN PLACE. THIS POLICY IS REVIEWED PERIODICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LINE 2C THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S PROCESS FOR SELECTING INDEPENDENT AUDITORS OR WITH RESPECT TO OVERSIGHT OF THE AUDIT. HOUSING OPPORTUNITIES CORPORATION 861A BROAD ST PROVIDENCE RI 02907 222487344 MANAGEMENT OF LOW INCOME HOUSING RI 501C ACTIVE 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 HOUSING OPPORTUNITIES CORPORATION M 47648 COST HOUSING OPPORTUNITIES CORPORATION O 176238 COST HOUSING OPPORTUNITIES CORPORATION P 27839 COST