2025-11-07T12:35:12-06:00 2024-12-31 881478669 CBIZ ADVISORS LLC 53 STATE STREET BOSTON MA 02109 990 2024-01-01 043230028 FRAMINGHAM HOUSING DEVELOPMENT CORP II FRAM 5088797562 1 JOHN J BRADY DRIVE FRAMINGHAM MA 01702 STEPHEN JOYCE CHAIRMAN 5088797562 2025-11-04 1 0 KRISTEN CUMMINGS P01510495 6178075000 2025-11-04 2024 2025-03-06 01:10:19Z STEPHEN JOYCE 1 JOHN J BRADY DRIVE FRAMINGHAM MA 01702 255305 0 X N/A X 1993 MA THE ORGANIZATION OWNS AND OPERATES AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES 5 5 0 5 0 0 0 0 188064 255224 71 67 80 14 188215 255305 0 0 0 0 0 0 0 0 0 160467 386471 160467 386471 27748 -131166 1979064 3871895 259069 2283066 1719995 1588829 X LOW INCOME HOUSING RENTALS 1 0 225826 184057 FHDC II WAS ESTABLISHED TO PROVIDE HOUSING AND ASSISTANCE TO LOW AND MODERATE-INCOME FAMILIES IN THE TOWN OF FRAMINGHAM. ASSISTED 12 FAMILIES DURING 2024. 146008 71181 CARLSON CROSSING NORTH LLC WAS ESTABLISHED TO PROVIDE HOUSING AND ASSISTANCE TO EXTREMELY LOW AND LOW INCOME HANDICAP FAMILIES IN THE TOWN OF FRAMINGHAM. ASSISTED 3 FAMILIES DURING 2024. 371834 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X THE CORPORATION 5088797562 JOHN BRADY DRIVE FRAMINGHAM MA 01701 STEPHEN JOYEE CHAIRMAN 1.00 1.00 X X 0 0 0 JANICE M ROGERS VICE CHAIRMAN 1.00 1.00 X X 0 0 0 ROBERT L MERUSI TREASURER 1.00 1.00 X X 0 0 0 ROBERT DOWNING ASSISTANT TREASURER 1.00 1.00 X X 0 0 0 ROBERTA ROBERTI MEMBER 1.00 1.00 X 0 0 0 PAUL LANDERS EECUTIVE DIRECTOR 1.00 39.00 X 0 181323 33846 0 181323 33846 0 0 1 0 0 RENTAL INCOME LOW RENT 531110 255224 255224 255224 67 67 OTHER REVENUE 531110 14 14 14 255305 255238 0 67 22085 22085 1496 1496 13141 13141 4547 4547 157579 157579 86399 86399 83373 83373 17851 17851 386471 371834 14637 0 675263 556758 3297 3305 19769 39905 4818 12574 3850984 602395 1262197 3248589 13720 10764 1979064 3871895 91712 92289 761 746 166596 2190031 259069 2283066 X 1719995 1588829 1719995 1588829 1979064 3871895 -131166 0 X 0 1 X 1 1 1 X 179377 188482 188064 188064 255224 999211 179377 188482 188064 188064 255224 999211 0 0 0 999211 437 292 147 71 67 1014 437 292 147 71 67 1014 179814 188774 188211 188135 255291 1000225 0.99900 0.99850 0.00100 0.00150 X 693159 693159 3157825 602395 2555430 3248589 DUE TO AFFILIATE 136877 DEFERRED OUTFLOW OF RESOURCES 9983 NOTES PAYABLE 1143171 REIMNBURSMENT 900000 2190031 0 0 0 0 0 0 0 0 0 PAUL LANDERS EECUTIVE DIRECTOR 0 181323 0 0 0 0 0 25467 0 8379 0 215169 0 0 FORM 990, PART III, LINE 2 CARLSON CROSSING NORTH LLC WAS ADDED TO THE AFFORDABLE UNITS AVAILABLE TO ASSIST FAMILIES. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION'S DAILY OPERATIONS ARE MANAGED BY THE FRAMINGHAM HOUSING AUTHORITY. FORM 990, PART VI, SECTION B, LINE 11B A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS FORM 990. THE FINANCIALS DATA ON FORM 990 IS RECONCILED TO THE FINANCIAL INFORMATION ON THE AUDITED FINANCIAL STATEMENTS. THE NON FINANCIAL INFORMATION SUCH AS QUESTIONS CONCERNING GOVERNANCE, POLICIES AND TAX COMPLIANCE ARE REVIEWED TO ENSURE THAT THEY ARE ACCURATELY ANSWERED. CONSIDERATION IS GIVEN AS TO THE COMPLETENESS OF UNRELATED BUSINESS INCOME, IF ANY. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST,AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTERESTAND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 1. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 2. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CENTER CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. 3. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, ITSHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC AT THE ORGANIZATION'S OFFICES DURING NORMAL BUSINESS HOURS CARLSON CROSSING NORTH LLC 1 JOHN J BRADY DRIVE FRAMINGHAM MA 01702 AFFORDABLE HOUSING RENTAL MA -81769 1961402 FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II FRAMINGHAM HOUSING AUTHORITY 1 JOHN J BRADY DRIVE FRAMINGHAM MA 01702 046002634 AFFORDABLE HOUSING RENTAL MA GOVT LINE 6 N/A 0 FRAMINGHAM DEVELOPMENT CORPORATION 1 JOHN J BRADY DRIVE FRAMINGHAM MA 01702 451865900 AFFORDABLE HOUSING RENTAL MA 501(C)(3) LINE 10 FRAMINGHAM HOUSING AUTHORITY 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 FRAMINGHAM HOUSING AUTHORITY E 85086 FMV FRAMINGHAM HOUSING AUTHORITY E 51791 FMV FRAMINGHAM DEVELOPMENT CORPORATION E 43445 FMV FRAMINGHAM HOUSING AUTHORITY M 22085 FMV