2025-11-13T03:57:23-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2024-01-01 042684781 TENT CITY CORPORATION TENT 6172624103 130 DARTMOUTH STREET BOSTON MA 02116 DAMON ISLES PRESIDENT 6172624103 2025-11-09 1 1 JOLANTA TUCK P01340068 7813803520 2025-11-07 2024 2025-03-06 01:10:19Z DAMON ISLES 130 DARTMOUTH STREET BOSTON MA 02116 7922737 0 X N/A X 1979 MA TO PROVIDE AFFORDABLE HOUSING AND RELATED SERVICES. 11 11 0 11 0 0 2650 3345 7093576 7812361 85142 47963 49824 59068 7231192 7922737 0 0 0 0 0 0 0 0 0 10938638 11627627 10938638 11627627 -3707446 -3704890 40634356 38420831 72565868 74057233 -31931512 -35636402 ORGANIZED AS A COMMUNITY DEVELOPMENT CORPORATION, WHICH PROVIDES FOR NEIGHBORHOOD DEVELOPMENT WITH CITIZEN INVOLVEMENT AND FOR DECENT, AFFORDABLE HOUSING OF DISPLACED OR INADEQUATELY HOUSED RESIDENTS OF THE SOUTH END/LOWER ROXBURY URBAN RENEWAL AREA OF BOSTON. 0 0 9505404 7837247 REAL ESTATE OPERATIONS - THIS PROGRAM, WHICH RELATES TO TCA, OPERATES 269 UNITS OF MIXED-INCOME HOUSING, 129 UNDERGROUND PARKING SPACES AND APPROXIMATELY 8,900 SQUARE FEET OF COMMERCIAL SPACE LOCATED IN BOSTON, MASSACHUSETTS. ADDITIONALLY, UNDER THIS PROGRAM THE AGENCY OPERATES AT WAH 30 UNITS OF LOW TO MODERATE MIXED INCOME HOUSING. 34182 COMMUNITY SUPPORT - THIS PROGRAM REACHES INTO THE COMMUNITY TO SERVE CHILDREN AND FAMILIES IN NEED OF SUPPORT AND ASSISTANCE. THE TYPES OF SERVICES INCLUDE, BUT ARE NOT LIMITED TO, RESIDENT SERVICES, COMPUTER TRAINING AND TUTORIAL SERVICES. 9505404 1 0 0 0 0 0 0 0 1 0 1 0 0 0 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 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X DAMON ISLES 6172624103 130 DARTMOUTH STREET BOSTON MA 02116 X VANESSA SAULSBERRY PRESIDENT 6.00 0.20 X X 0 0 0 BROCK BOWEN VICE PRESIDENT 6.00 0.20 X X 0 0 0 UROYOAN NAZYAT TREASURER 4.00 0.20 X X 0 0 0 ROXIE ROGERS CLERK 4.00 0.20 X X 0 0 0 EILEEN BRIGANDI DIRECTOR 2.00 0.20 X 0 0 0 REV JAY WILLIAMS DIRECTOR 2.00 0.20 X 0 0 0 GALE HAYDEN DIRECTOR 2.00 0.20 X 0 0 0 JASON DURRANT DIRECTOR 2.00 0.20 X 0 0 0 CELIA JORDAN DIRECTOR 2.00 0.20 X 0 0 0 BRUCE BICKERSTAFF DIRECTOR 2.00 0.20 X 0 0 0 DAMON ISLES DIRECTOR 2.00 0.20 X 0 0 0 0 0 0 0 0 0 0 PEABODY PROPERTIES 536 GRANITE STREET BRAINTREE MA 03184 MANAGEMENT SERVICES 319337 1 3345 3345 RENTAL INCOME 531110 7812361 7812361 7812361 47963 47963 LAUNDRY & VENDING 531390 24886 24886 34182 34182 59068 7922737 7871429 0 47963 319337 319337 197150 197150 122556 122556 990312 706170 284142 151698 100466 51232 6199001 5419878 779123 573 573 3602663 3242397 360266 RESIDENT AND SOCIAL SER 36493 36493 BAD DEBT EXPENSE 5000 5000 SPECIAL EVENTS 2369 2369 DUES, LICENSES, SUBSCRI 475 475 11627627 9505404 2122223 0 929425 1916766 31558 31558 1107238 1015490 38750 35567 96821082 62904671 36831701 33916411 1695684 1505039 40634356 38420831 713375 596465 5516 11771 887399 930309 70858544 72413063 101034 105625 72565868 74057233 X -31956512 -35661402 25000 25000 -31931512 -35636402 40634356 38420831 -3704890 0 X 0 0 0 X 104370 25000 2650 3345 135365 6802745 6140503 6434486 7093576 7812361 34283671 6907115 6165503 6434486 7096226 7815706 34419036 27000 27000 62447 77819 72315 57131 43301 313013 89447 77819 72315 57131 43301 340013 34079023 18284 3462 31257 85142 47963 186108 18284 3462 31257 85142 47963 186108 39973 27788 6234 49824 59068 182887 6965372 6196753 6471977 7231192 7922737 34788031 0.97960 0.98110 0.00530 0.00350 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 20,417. 2021 AMOUNT: $ 12,539. 2022 AMOUNT: $ 1,130. 2023 AMOUNT: $ 2,280. 2024 AMOUNT: $ 34,182. LAUNDRY VENDING INCOME - 2020 AMOUNT: $ 19,556. 2021 AMOUNT: $ 15,249. 2022 AMOUNT: $ 5,104. 2023 AMOUNT: $ 47,544. 2024 AMOUNT: $ 24,886. 0 1 X 154155 154155 92890669 59239122 33651547 3776258 3665549 110709 33916411 DUE TO RELATED PARTIES 105625 105625 PART IV, LINE 2B: IN ACCORDANCE WITH THE AMENDED AND RESTATED CERTIFICATE AND AGREEMENT OF LIMITED PARTNERSHIP OF LEIGHTON PARK LIMITED PARTNERSHIP (LPLP) (THE ORIGINAL OWNER OF THE PROJECT OF TCA), LPLP IS REQUIRED TO PAY CORNERSTONE CAPITAL LIMITED (THE ORIGINAL SYNDICATOR) A DISPOSITION FEE IN THE AMOUNT OF 1% OF THE SALES PRICE AT THE TIME OF THE SALE OF THE PROJECT. THE PROJECT WAS SOLD AND LPLP WAS DISSOLVED AS OF DECEMBER 31, 2006. AT THE TIME OF SALE, AN INITIAL DEPOSIT OF $736,057 FUNDED THE DISPOSITION FEE ESCROW HELD BY EASTERN BANK. AS OF DECEMBER 31, 2024 THE DISPOSITION FEE ESCROW BALANCE WAS $573,637. THE ORGANIZATION ALSO HAS SECURITY DEPOSITS PAYABLE TOTALLING $356,672 FOR THE YEAR ENDED DECEMBER 31, 2024. FORM 990, PART VI, SECTION A, LINE 3 TENT CITY APARTMENTS LLC (TCA) AND WARREN AFFORDABLE HOUSING LLC (WAH) ARE MANAGED BY AN UNRELATED ENTITY. IN ACCORDANCE WITH THE TCA'S MANAGEMENT AGREEMENT WITH PEABODY PROPERTIES, INC., THE MANAGEMENT AGENT ("PEABODY") IS ENTITLED TO A BASE FEE OF $12 PER UNIT FOR ACCOUNTING EXPENSES AS WELL AS A GENERAL MANAGEMENT FEE OF 4% OF WHAT TCA COLLECTS FOR RENTAL REVENUE EACH MONTH. THE GENERAL MANAGEMENT FEE WILL BE PAID ON THE 9TH DAY OF THE FOLLOWING MONTH, SUBJECT TO APPROVAL OF THE COMPANY. DURING THE YEAR ENDED DECEMBER 31, 2024, THE COMPANY INCURRED BASE MANAGEMENT AND ACCOUNTING FEES OF $288,422 AND $41,095, RESPECTIVELY. WAH ENTERED INTO AN AGREEMENT WITH PEABODY, EFFECTIVE DECEMBER 1, 2020, WHICH ENTITLED PEABODY TO A MANAGEMENT FEE CALCULATED AT 4% OF TOTAL EFFECTIVE INCOME. DURING THE YEAR ENDED DECEMBER 31, 2024 THE COMPANY INCURRED A MANAGEMENT FEE OF $30,915 AND TO PEABODY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO ALL RESIDENTS OF THE TENT CITY APARTMENTS AND WARREN AVE APARTMENTS WHO ARE EIGHTEEN YEARS OR OLDER AND PAY AN ANNUAL MEMBERSHIP FEE AS SET FROM TIME TO TIME BY THE BOARD OF DIRECTORS. IN ORDER TO QUALIFY FOR MEMBERSHIP, AN APPLICANT MUST AGREE TO A COMMITMENT TO THE CORPARATION'S GOALS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE. AN OFFICER IS ELECTED THROUGH A MAJORITY OF THE VOTES CAST BY MEMBERS PRESENT IN PERSON. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS WILL REVIEW THE FORM 990 INDEPENDENTLY AND A BOARD MEMBER WILL REVIEW AND SIGN. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD MUST DISCLOSE ALL CONFLICTS IN WRITING ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH ANNUAL FILINGS WITH THE ATTORNEY GENERAL. TENT CITY APARTMENTS LLC 130 DARTMOUTH STREET BOSTON MA 02116 204746045 LOW INCOME HOUSING MA 7141515 30586118 TENT CITY CORPORATION WARREN AFFORDABLE HOUSING LLC 130 DARTMOUTH STREET BOSTON MA 02116 464286331 RENTAL REAL ESTATE MA 777877 7117574 TENT CITY CORPORATION WARREN APARTMENTS CORPORATION 130 DARTMOUTH STREET BOSTON MA 02116 043326539 LOW INCOME HOUSING MA 501(C)(3) LINE 10 TENT CITY CORPORATION 1 SOUTH ENDLOWER ROXBURY HOUSING CORPORATION 130 DARTMOUTH STREET BOSTON MA 02116 043428835 LOW INCOME HOUSING MA TENT CITY CORPORATION C 43016 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 WARREN APARTMENTS CORPORATION D 73534 FAIR MARKET VALUE SOUTH ENDLOWER ROXBURY HOUSING CORPORATION D 53617 FAIR MARKET VALUE SOUTH ENDLOWER ROXBURY HOUSING CORPORATION E 80000 FAIR MARKET VALUE