2025-08-05T07:40:33-05:00 2024-09-30 333709623 COHNREZNICK ADVISORY LLC ONE POST OFFICE SQUARE SUITE 2950 BOSTON MA 02109 990 2023-10-01 223301362 MATTAPAN CENTER FOR LIFE MATT 7819430200 27 MICA LANE WELLESLEY MA 02481 PETER SCOLARO DIRECTOR 7819430200 2025-08-04 1 0 LORI ROTHE YOKOBOSKY P01273422 6176481400 2025-08-01 2023 2025-03-06 01:10:19Z JOHN WELLS 27 MICA LANE WELLESLEY MA 02481 771394 0 X N/A X 1995 MA TO PROVIDE HOUSING FOR THE LOW-INCOME ELDERLY. 8 8 0 8 0 0 15160 15160 675887 686059 881 6579 28255 63596 720183 771394 0 0 0 0 0 0 0 0 0 823616 759102 823616 759102 -103433 12292 1783271 1684208 4072974 3961619 -2289703 -2277411 TO PROVIDE HOUSING FOR THE LOW-INCOME ELDERLY. 0 0 737632 749655 TO PROVIDE 45 UNITS FOR THE ELDERLY, SUBSIDIZED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER ITS SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM. 737632 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 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 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X JOHN ROMEOS 6172394430 126 JOHN STREET SUITE 10 LOWELL MA 01852 X BAINNY SUNCAR DIRECTOR 0.10 X 0 0 0 IVANNA SERRET DIRECTOR 0.10 X 0 0 0 JOHN WELLS PRESIDENT 0.10 X X 0 0 0 LEONNIE DRUMMOND DIRECTOR 0.10 X 0 0 0 LOUISE GRANT SECRETARY 0.10 X X 0 0 0 PETER SCOLARO DIRECTOR 0.10 X 0 0 0 SHERAN WOODROFFE DIRECTOR 0.10 X 0 0 0 ZANETTA ARMSTRONG TREASURER 0.10 X X 0 0 0 JOANE GUZMAN CLERK 0.10 X 0 0 0 0 0 0 0 0 0 0 0 15160 15160 RENTAL INCOME 531110 686059 686059 686059 6579 6579 TAX ABATEMENT 531390 57118 57118 FORGIVENESS OF DEBT 531390 3975 3975 LAUNDRY AND VENDING 531390 2503 2503 63596 771394 749655 0 6579 180161 180161 24190 24190 21470 21470 40987 40987 37137 37137 184868 184868 1130 1130 376 376 128098 128098 31790 31790 REPAIRS 67253 67253 CLEANING & MAINTENANCE 39767 39767 INSURANCE PROCEEDS 898 898 RESIDENT SERVICES 422 422 555 555 759102 737632 21470 0 6712 0 46120 20738 17081 26299 4454599 2967077 1564982 1487522 148376 149649 1783271 1684208 188414 82166 5343 10609 9727 11417 3827800 3827800 41690 29627 4072974 3961619 X -2289703 -2277411 -2289703 -2277411 1783271 1684208 12292 0 X 0 1 X 1 1 1 X 18950 15160 15160 49270 530597 534708 576040 675887 686059 3003291 530597 534708 594990 691047 701219 3052561 0 0 0 3052561 1394 350 80 881 6579 9284 1394 350 80 881 6579 9284 13988 2768 4289 28255 62876 112176 545979 537826 599359 720183 770674 3174021 0.96170 0.97760 0.00290 0.00150 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 2,000. 2022 AMOUNT: $ 82. 2023 AMOUNT: $ 3,255. LAUNDRY AND VENDING - 2019 AMOUNT: $ 3,271. 2020 AMOUNT: $ 2,768. 2021 AMOUNT: $ 3,404. 2022 AMOUNT: $ 3,143. 2023 AMOUNT: $ 2,503. TENANT CHARGES - 2019 AMOUNT: $ 380. INSURANCE LOSS PROCEEDS - 2019 AMOUNT: $ 8,337. 2022 AMOUNT: $ 25,000. DAMAGE REIMBURSEMENTS - 2021 AMOUNT: $ 860. KEYS ACCESS CARDS - 2021 AMOUNT: $ 25. 2022 AMOUNT: $ 30. TAX ABATEMENT - 2023 AMOUNT: $ 57,118. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 274969 274969 3743395 2597318 1146077 436235 369759 66476 1487522 TENANT SECURITY DEPOSITS 12959 ESCROW DEPOSITS 29489 RESERVE FOR REPLACEMENTS 107201 149649 DEFERRED GRANT INCOME 26530 BANK OVERDRAFT 3097 29627 X 771394 0 771394 0 771394 759102 0 759102 0 759102 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS SEUCRITY 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 SEPTEMBER 30, 2024. 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. 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 INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DESIGNATED MANAGEMENT RESPONSIBILITIES TO WINNCOMPANIES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND OFFICER ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 NO BOARD MEMBERS OR EXECUTIVES ARE COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.