2025-09-19T09:53:42-05:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 043170766 ASTOR ASSETS INC ASTO 6172674637 70 BURBANK STREET BOSTON MA 02115 STEVEN FARRELL DIRECTOR 6172674637 2025-09-16 1 0 SORIE KABA CPA P01317106 5083669100 2025-09-16 2024 2025-03-06 01:10:19Z STEVEN FARRELL 70 BURBANK STREET BOSTON MA 02115 975109 0 X WWW.FENWAYCDC.ORG X 1992 MA ASTOR ASSETS, INC. (ASTOR ASSETS) WAS ORGANIZED TO PROMOTE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS. 4 2 0 2 0 0 0 0 948935 914064 35069 57471 29114 3574 1013118 975109 0 0 0 0 0 0 0 0 0 764028 858115 764028 858115 249090 116994 6174145 6368231 5503927 5581019 670218 787212 ASTOR ASSETS PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 0 0 705083 917638 ASTOR ASSETS PROVIDES, OR HELPS MAKE AVAILABLE, HOUSING FOR INDIVIDUALS AND FAMILIES OF LOW AND MODERATE INCOME IN MASSACHUSETTS. 705083 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X STEVEN FARRELL 6172674637 70 BURBANK STREET BOSTON MA 02115 SUNEETH JOHN CLERK 0.10 39.90 X X 0 213949 9462 STEVEN FARRELL DIRECTOR (AS OF 5/24) 0.05 39.95 X 0 138877 19498 GREG PAULSON HAIG PRESIDENT (UNTIL 5/24) 0.05 2.35 X X 0 0 0 SARAH JENNESS PRESIDENT (AS OF 5/24) 0.05 2.15 X X 0 0 0 TIMOTHY COAKLEY TREASURER 0.10 2.30 X X 0 0 0 NIKKI FLIONIS DIRECTOR (UNTIL 5/24) 0.05 2.35 X 0 0 0 0 352826 28960 0 0 1 0 3 RENTAL INCOME 531390 914064 914064 914064 57471 57471 OTHER INCOME 900099 3574 3574 3574 975109 917638 0 57471 X 94057 94057 13164 13164 21087 21087 148364 52206 96158 934 934 22623 22623 403482 403482 33621 33621 80335 80335 BAD DEBTS 36039 36039 MISCELLANEOUS 4409 4409 858115 705083 153032 0 60683 67974 47527 42952 30550 18595 11470 11236 5775617 855816 4855113 4919801 1168802 1307673 6174145 6368231 117757 203471 5294903 5293942 91267 83606 5503927 5581019 X 670218 787212 670218 787212 6174145 6368231 116994 0 X X 0 1 X 1 0 X 577198 615798 646700 948935 914064 3702695 577198 615798 646700 948935 914064 3702695 0 164636 91971 79728 61248 43763 441346 164636 91971 79728 61248 43763 441346 3261349 2773 85 9407 35069 57471 104805 2773 85 9407 35069 57471 104805 3234 2718 1496 29114 3574 40136 583205 618601 657603 1013118 975109 3847636 0.84760 0.80250 0.02720 0.01710 X 2766987 2766987 2934324 836048 2098276 74306 19768 54538 4919801 DEPOSITS AND RESERVES 1288355 PROJECTS UNDER DEVELOPMENT 17963 DUE FROM RELATED PARTIES 1355 1307673 DUE TO RELATED PARTY 83606 83606 X 975109 0 975109 0 975109 858115 0 858115 0 858115 PART X, LINE 2: ASTOR ASSETS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASTOR ASSETS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2024. ASTOR ASSETS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 SUNEETH JOHN CLERK 0 203774 0 10175 0 0 0 7909 0 1553 0 223411 0 0 STEVEN FARRELL DIRECTOR (AS OF 5/24) 0 138877 0 0 0 0 0 6976 0 12522 0 158375 0 0 FORM 990, PART VI, SECTION A, LINE 3 ASTOR ASSETS DELEGATED ASSET MANAGEMENT DUTIES TO FENWAY COMMUNITY DEVELOPMENT CORPORATION (FCDC), A RELATED ORGANIZATION. ASTOR ASSETS PAID FCDC $43,780 IN 2023. IN ADDITION, ASTOR ASSETS DELEGATED PROPERTY MANAGEMENT AND BOOKKEEPING SERVICES TO PEABODY PROPERTIES. ASTOR ASSETS PAID PEABODY PROPERTIES $51,992 OF MANAGEMENT FEES. FORM 990, PART VI, SECTION A, LINE 8B ASTOR ASSETS ONLY HAS A BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OF FENWAY CDC REVIEW AND RECOMMEND APPROVAL OF FORM 990 TO BOARD. BOARD IS PROVIDED COPY OF FORM 990 PRIOR TO FILING AND APPROVES FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ASTOR ASSETS REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY (AS IMPLEMENTED BY FCDC.) ASTOR ASSETS HAS A VERY GOOD IDEA WHAT AFFILIATIONS ITS BOARD AND FCDC HAVE AND WOULD KNOW IF THEY WERE DOING BUSINESS WITH AN ORGANIZATION WITH WHICH A BOARD MEMBER OR FCDC WAS ASSOCIATED WITH OR ACTING IN A WAY THAT PROFITED THEM. ADDITIONALLY, THE BOARD, FINANCE, AND HOUSING COMMITTEE MEMBERS READ AND SIGN OFF ON THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ASTOR ASSETS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND CONSOLIDATING FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 52,206. MANAGEMENT AND GENERAL EXPENSES 96,158. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,364. FORM 990, PART XII, LINE 2C: FENWAY CDC HAS A FINANCE COMMITTEE THAT ASSUMES THE RESPONSIBILITY AND OVERSIGHT OF THE AUDIT. THERE WERE NO CHANGES TO THIS PROCESS IN 2024. FENWAY COMMUNITY DEVELOPMENT CORPORATION 70 BURBANK STREET BOSTON MA 02115 042666507 TO REHABILITATE AND DEVELOP LOW AND MODERATE INCOME HOUSING MA 501(C)(3) LINE 7 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY LODGING HOUSE INC 70 BURBANK STREET BOSTON MA 02115 043136525 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY COMMUNITY TRUST 70 BURBANK STREET BOSTON MA 02115 222745097 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 FENWAY COMPANIES INC 70 BURBANK STREET BOSTON MA 02115 352506219 LOW INCOME HOUSING MA 501(C)(3) LINE 10 FENWAY COMMUNITY DEVELOPMENT CORPORATION 0 110 PETERBOROUGH GP INC 70 BURBANK STREET BOSTON MA 02115 274672879 LOW INCOME HOUSING MA N/A C 0 BURBANK GARDENS APARTMENTS MM LLC 70 BURBANK STREET BOSTON MA 02115 822190039 LOW INCOME HOUSING MA N/A C 0 NS APARTMENTS MM LLC 70 BURBANK STREET BOSTON MA 02115 834259185 LOW INCOME HOUSING MA N/A C 0 BURBANK TERRACE MM LLC 70 BURBANK STREET BOSTON MA 02115 001548698 LOW INCOME HOUSING MA N/A C 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0