STRATEGY STUDIO / PUBLIC DATA EXPLORER

GARDEN STREET APARTMENTS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GARDEN STREET APARTMENTS INC (EIN 04-3233283)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-15
IRS object ID
202431369349313518
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-15T16:14:14-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CITY SQUAREAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043233283EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GARDEN STREET APARTMENTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGARDBusinessNameControlTxt
Phone6174411800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1950 CAMBRIDGE STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021411001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEAN YANGPersonNm
Person TitleDIRECTOR, PRESIDENTPersonTitleTxt
Phone6174411800PhoneNum
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEANPersonFirstNm
Person LastYANGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYNNE JOHNSONPreparerPersonNm
PTINP00757336PTIN
Phone6179129000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEAN YANGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1950 CAMBRIDGE STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021411001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$99,500GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VINFEN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1994FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$99,246PYProgramServiceRevenueAmt
CY Program Service Revenue$99,240CYProgramServiceRevenueAmt
PY Investment Income$54PYInvestmentIncomeAmt
CY Investment Income$260CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$99,300PYTotalRevenueAmt
CY Total Revenue$99,500CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$135,699PYOtherExpensesAmt
CY Other Expenses$124,699CYOtherExpensesAmt
PY Total Expenses$135,699PYTotalExpensesAmt
CY Total Expenses$124,699CYTotalExpensesAmt
PY Revenues Less Expenses-$36,399PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$25,199CYRevenuesLessExpensesAmt
Total Assets BOY$1,151,070TotalAssetsBOYAmt
Total Assets EOY$1,130,460TotalAssetsEOYAmt
Total Liabilities BOY$1,190,051TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,194,640TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$38,981NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$64,180NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$82,715ExpenseAmt
Revenue$99,240RevenueAmt
DescTO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME.Desc
Total Program Service Expenses$82,715TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANNETTE KOVAMEESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174411800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1950 CAMBRIDGE STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02141ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
RICHARD F SULLIVAN DIRECTOR
TREASURER & CLERK (THRU 1/31/23)0.5039.50Yes (X)Yes (X)$0$279,915$11,649
PHILIP A MASON
DIRECTOR0.102.50Yes (X)$0$0$0
PAUL ZINTL
DIRECTOR & VICE PRESIDENT0.101.90Yes (X)$0$0$0
JEAN YANG DIR AS OF 92122
PRESIDENT (AS OF 8/22/22)0.5039.50Yes (X)Yes (X)$0$189,086$2,702
SOPHIE SANTAELLA INTERIM PRES
(THRU 8/21/22) & DIR. (THRU 9/21/22)0.5039.50Yes (X)Yes (X)$0$279,103$43,373
BRUCE L BIRD
FORMER DIRECTOR & PRESIDENT0.000.00$0$236,799$21,978Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$984,903TotReportableCompRltdOrgAmt
Total Other Compensation$79,702TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TENANT ASSISTANCE PAYM531110$53,836$53,836
RENT REVENUE531110$45,404$45,404
FieldValueIRS element (for citing)
Total Program Service Revenue$99,240TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$260TotalRevenueColumnAmt
Exclusion$260ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$99,500TotalRevenueColumnAmt
Related Or Exempt Func Income$99,240RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$260ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$9,563TotalAmt
Management And General$9,563ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,421TotalAmt
Management And General$32,421ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,410TotalAmt
Program Services$6,410ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5TotalAmt
Program Services$5ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$30,259TotalAmt
Program Services$30,259ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$24,927TotalAmt
Program Services$24,927ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,841TotalAmt
Program Services$5,841ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescREPAIRS & MAINTENANCEDesc
Total$15,273TotalAmt
Program Services$15,273ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$124,699TotalAmt
Program Services$82,715ProgramServicesAmt
Management And General$41,984ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$248,410BOYAmt
EOY$256,795EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,240BOYAmt
EOY$1,147EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$118BOYAmt
EOY$121EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$824,134LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$221,207LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$627,854BOYAmt
EOY$602,927EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$272,448BOYAmt
EOY$269,470EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,151,070BOYAmt
EOY$1,130,460EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,451BOYAmt
EOY$3,933EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$2,965BOYAmt
EOY$3,029EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$802,500BOYAmt
EOY$802,500EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$380,135BOYAmt
EOY$385,178EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,190,051BOYAmt
EOY$1,194,640EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$38,981BOYAmt
EOY-$64,180EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$38,981BOYAmt
EOY-$64,180EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,151,070BOYAmt
EOY$1,130,460EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$25,199ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99,240CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$94,064CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$99,246CurrentTaxYearMinus1YearAmt
Current Tax Year$99,240CurrentTaxYearAmt
Total$495,220TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99,240CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$94,064CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$99,246CurrentTaxYearMinus1YearAmt
Current Tax Year$99,240CurrentTaxYearAmt
Total$495,220TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$495,220PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54CurrentTaxYearMinus1YearAmt
Current Tax Year$260CurrentTaxYearAmt
Total$460TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54CurrentTaxYearMinus1YearAmt
Current Tax Year$260CurrentTaxYearAmt
Total$460TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99,286CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,479CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$94,115CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$99,300CurrentTaxYearMinus1YearAmt
Current Tax Year$99,500CurrentTaxYearAmt
Total$495,680TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99910PublicSupportCY509Pct
Public Support PY5090.99950PublicSupportPY509Pct
Investment Income CY0.00090InvestmentIncomeCYPct
Investment Income PY0.00050InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$158,832OtherCostOrOtherBasisAmt
Book Value$158,832BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$665,302OtherCostOrOtherBasisAmt
Depreciation$221,207DepreciationAmt
Book Value$444,095BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$602,927TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescASSETS WHOSE USE IS LIMITEDDesc
Book Value$269,470BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$269,470TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATEDesc
Amt$385,178Amt
FieldValueIRS element (for citing)
Total Liability$385,178TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$99,500TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$99,500RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$99,500TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$124,699TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$124,699ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$124,699TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:TENANT SECURITY DEPOSITS TOTALING $3,029 HELD IN ESCROW ACCOUNTS.
PART X, LINE 2:GARDEN STREET APARTMENTS ("GSA") IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. GSA IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED INCOME, IF ANY. GSA FOLLOWS THE FASB GUIDANCE, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT GSA HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, GSA IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE DATE FILED. GSA WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF OPERATING EXPENSES.
PART X, LINE 1:DUE TO AFFILIATE - GARDEN STREET APARTMENTS OWES $385,178 TO VINFEN CORPORATION. THIS ADVANCE BEARS NO INTEREST AND HAS NO FIXED PAYMENT TERMS. MANAGEMENT DOES NOT ANTICIPATE ANY PAYMENTS DURING THE SUCCEEDING FIVE YEARS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SOPHIE SANTAELLA INTERIM PRES
(THRU 8/21/22) & DIR. (THRU 9/21/22)$0$277,136$0$0$0$1,967$0$8,400$0$34,973$0$322,476$0$0
RICHARD F SULLIVAN DIRECTOR
TREASURER & CLERK (THRU 1/31/23)$0$273,696$0$0$0$6,219$0$8,866$0$2,783$0$291,564$0$0
BRUCE L BIRD
FORMER DIRECTOR & PRESIDENT$0$226,779$0$0$0$10,020$0$10,675$0$11,303$0$258,777$0$0
JEAN YANG DIR AS OF 92122
PRESIDENT (AS OF 8/22/22)$0$188,496$0$0$0$590$0$0$0$2,702$0$191,788$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE OFFICERS ARE COMPENSATED BY VINFEN CORPORATION, A CONTROLLING ORGANIZATION. THE BOARD OF DIRECTORS OF VINFEN CORPORATION AND AFFILIATES PERIODICALLY ENGAGES THE SERVICES OF AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO CORPORATE OFFICERS. THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABLE COMPENSATION DATA TO DETERMINE THE COMPENSATION FOR THE OFFICERS PERIODICALLY WITH CONTEMPORANEOUS DOCUMENTATION. RECORDKEEPING OF ALL COMPENSATION DECISIONS EXIST, IN THE FORM OF PERSONNEL ACTION FORMS FOR EVERY COMPENSATION ACTION AFFECTING POSITIONS AT VINFEN CORPORATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE SOLE MEMBER OF THE ORGANIZATION IS VINFEN CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7ATHE SOLE MEMBER, VINFEN CORPORATION, HAS THE POWER TO APPOINT AND/OR REMOVE THE BOARD MEMBERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY VINFEN FINANCE STAFF AND REVIEWED BY ITS CONTROLLER AND CHIEF FINANCIAL OFFICER. ALL DIRECTORS ARE PROVIDED A COPY AND GIVEN AN OPPORTUNITY TO RESPOND PRIOR TO SUBMISSION TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CVINFEN CORPORATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND DISCLOSURE ANNUALLY OR BI-ANNUALLY TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE RESPONSES FOR POTENTIAL CONFLICTS. THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS OF VINFEN CORPORATION AND ITS AFFILIATED ENTITIES, AS WELL AS THE SENIOR MANAGEMENT (THE INTERDEPARTMENTAL COUNSEL OR "IDC") AT VINFEN CORPORATION AND AFFILIATES. THE GENERAL COUNSEL REVIEWS THE DISCLOSURE FORMS TO DETERMINE WHICH DIRECTORS OR IDC MEMBERS HAVE DISCLOSED A POTENTIAL CONFLICT. FOR POTENTIAL BOARD CONFLICTS, THE CHAIRPERSON OF THE BOARD OF DIRECTORS APPOINTS A COMMITTEE OF DIRECTORS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICT AND/OR PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE FULL BOARD, WHICH IS VOTED ON ONLY BY THOSE DIRECTORS WITH NO REPORTABLE TRANSACTIONS. FOR POTENTIAL CONFLICTS BY IDC MEMBERS, THE CEO APPOINTS A COMMITTEE OF IDC MEMBERS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE EXECUTIVE TEAM, WHICH IS VOTED ON ONLY BY THOSE EXECUTIVE TEAM MEMBERS WITH NO REPORTABLE TRANSACTIONS.
FORM 990, PART VI, SECTION C, LINE 19VINFEN CORPORATION AND AFFILIATES MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, BY PAPER OR E-MAIL, FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID, FORMERLY KNOWN AS GUIDESTAR, AND THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
VINFEN CORPORATION OF FOREST INC
950 CAMBRIDGE STREETCAMBRIDGEMA02141300162656LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
VINFEN CORPORATION OF CONNECTICUT INC
950 CAMBRIDGE STREETCAMBRIDGEMA02141061569439HUMAN SERVICESCT501(C)(3)LINE 10VINFEN CORPORATION0
VINFEN CORPORATION OF LARCHMONT INC
950 CAMBRIDGE STREETCAMBRIDGEMA02141043546321LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
VINFEN CORPORATION
950 CAMBRIDGE STREETCAMBRIDGEMA02141042632219HUMAN SERVICESMA501(C)(3)LINE 100N/A
VINFEN CORPORATION OF PLAIN INC
950 CAMBRIDGE STREETCAMBRIDGEMA02141300162655LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
WESTLAND COMMUNITY HOUSING CORPORATION
950 CAMBRIDGE STREETCAMBRIDGEMA02141311758843LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
FORT HILL AVENUE INC
950 CAMBRIDGE STREETCAMBRIDGEMA02141311740060LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
MERRIMACK HOUSING CORPORATION
950 CAMBRIDGE STREETCAMBRIDGEMA02141223215740LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
APPLETON HOUSING CORPORATION
950 CAMBRIDGE STREETCAMBRIDGEMA02141043259610LOW INCOME HOUSING FOR DISABLED PERSONSMA501(C)(3)LINE 10VINFEN CORPORATION0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd