2024-08-02T08:40:03-05:00 2023-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990PF 2023-01-01 046111819 HISTORIC BOSTON INCORPORATED HIST 6174421859 3 SCHOOL STREET BOSTON MA 02108 KATHY KOTTARIDIS EXECUTIVE DIRECTOR 6174421959 2024-08-01 1 1 SORIE KABA CPA P01317106 5083669100 2024-08-01 2023 2024-08-08 14:25:15Z X 11106293 X 72658 24877 24877 24877 1248306 1248306 1248306 414660 56104 1685929 56104 56104 1401945 1329287 1329287 155384 0 116969 38415 311796 91242 234712 77084 37106 6910 27311 9795 25377 5805 25377 0 265981 76108 265981 0 51732 8123 51732 0 95315 60829 95315 0 243405 218103 234690 8715 120057 119207 120057 222044 219279 222044 0 24922 0 11036 13886 6813 323 1412 5401 95099 27717 65050 30049 1655031 833646 1471686 183345 0 0 1655031 833646 1471686 183345 -253086 495641 0 419407 377137 377136 149118 204045 204045 205945 94141 205945 205945 85950 5506487 3534678 1971809 1971809 1971809 35896 112755 112755 259318 179726 179726 218721 314173 314173 0 43465 43465 7233139 2759923 5385499 4473216 4473216 3283118 3224023 3224023 11902977 11106294 11106293 550936 383575 2133512 1223625 1589900 1978748 4274348 3585948 X 6648578 7170346 980051 350000 7628629 7520346 11902977 11106294 7628629 -253086 319803 7695346 175000 7520346 VARIOUS SALES OF INVESTMENTS P 47993 38961 9032 9032 VARIOUS SALES OF FIXED ASSETS P 1637936 1590864 47072 47072 56104 56104 X 1984-06-24 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 MA 1 1 0 1 0 1 WWW.HISTORICBOSTON.ORG KATHY KOTTARIDIS 6174421859 3 SCHOOL STREET BOSTON MA 02108 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 KATHY KOTTARIDIS 3 SCHOOL STREET BOSTON MA 02108 EXECUTIVE DIRECTOR 35.00 155384 17040 0 MICHAEL DURAND 3 SCHOOL STREET BOSTON MA 02108 PRESIDENT 1.00 0 0 0 PAUL MCDONOUGH 3 SCHOOL STREET BOSTON MA 02108 PRESIDENT EMERITUS 1.00 0 0 0 SAMMY NABULSI 3 SCHOOL STREET BOSTON MA 02108 TREASURER 1.00 0 0 0 JAMES LABECK 3 SCHOOL STREET BOSTON MA 02108 CLERK 1.00 0 0 0 FELICIA JACQUES 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 EMILY AXELROD 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 DAVID BLACK 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 KARILYN CROCKETT 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 BRIAN AWE 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 HENRY MOSS 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 JULIE PAUL BROWN 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 DAKOTA JONES 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 CHRISTOPHER SCOVILLE 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 MICHAEL FELDMAN 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR (UNTIL 4/2023) 1.00 0 0 0 DEREK LUMPKINS 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR (UNTIL 4/2023) 1.00 0 0 0 LISA LEWIS 3 SCHOOL STREET BOSTON MA 02108 PROJECT DIRECTOR 35.00 121045 15893 0 ANTONIO LOPES 3 SCHOOL STREET BOSTON MA 02108 RE DEV. DIRECTOR 35.00 130704 5734 0 0 WS AIKEN LLC 221 CRESCENT AVE CHELSEA MA 02150 GENERAL CONTRACTOR - BUILDING REHAB 454125 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 ACCOUNTING SERVICES 218124 CRE BROKERAGE BOSTON LLC 60 STATE STREET STE 150 BOSTON MA 02109 REAL ESTATE BROKERAGE SERVICES 90451 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 AUDIT & TAX SERVICES 89500 OTHER TOMORROWS LLC 453 WASHINGTON STREET APT 8C BOSTON MA 02111 CONSULTING SERVICES- WAYFINDING DESIGNING SERVICES 87200 1 RENTAL: RENTAL PROPERTY CONSISTS OF THREE HISTORIC PROPERTIES, ALL REDEVELOPED BY HBI. THE OLD CORNER BOOKSTORE, IS A COMMERICAL BUILDING ON THE OFFICIAL FREEDOM TRAIL SITE IN DOWNTOWN BOSTON WITH RETAIL AND OFFICE SPACE. THE VERTULLO BUILDING, THE OLDEST AND ONLY SURVIVING WOODEN COMMERICAL BUILDING IN THE CLARY AND LOCAN SQUARES COMMERICAL DISTRICT OF HYDE PARK, CONTAINS FIVE SMALL BUSINESSES AND FOUR UPPER STORY RESIDENTIAL UNITS. THE EUSTIS FIREHOUSE BUILDING, THE OLDEST REMAINING FIREHOUSE IN BOSTON, BUILT IN 1859, IS OPERATED AS COMMERCIAL OFFICE SPACE. 833646 REAL ESTATE DEVELOPMENT: REPRESENTS HBI'S EFFORTS TO REDEVELOP AND REHABILITATE AT-RISK HISTORIC PROPERTIES. A PROJECT MAY BE UNDER REVIEW, WITH UNDERWRITING AND PRE-DEVELOPMENT ACTIVITY IN PROCESS FOR ONE OR SEVERAL YEARS, IN ORDER TO PLAN ITS REDEVELOPMENT OR TO CONCLUDE IT IS NOT FEASIBLE. WHEN A PROJECT IS READY FOR REDEVELOPMENT, HBI ARRANGES FINANCING, INVESTMENT AND PRIVATE OR PUBLIC FUNDING AS APPROPRIATE FOR THE PROPERTY TO CARRY OUT THE PLAN. 38961 EASEMENT MONITORING: DESIGNED TO PROTECT SIGNIFICANT RESOURCES IN PERPETUITY FROM UNSYMPATHETIC OR INAPPROPRIATE EXTERIOR OR INTERIOR ALTERATIONS, NEGLECT, OR DEMOLITION BY MEANS OF PRESERVATION RESTRICTION AGREEMENTS. 445385 0 544682 496231 336560 1377473 0 0 1377473 20662 1356811 67841 X 183345 0 183345 1984-06-24 X 0 74403 0 0 74403 0 63243 0 0 63243 183345 1981224 478570 749763 3392902 0 0 0 0 0 183345 1981224 478570 749763 3392902 0 0 45227 49602 52661 40827 188317 0 0 0 0 X 0 0 14 24877 531110 -109191 160000 -68568 16 592419 01 56104 -177759 673400 0 495641 0 0 0 0 0 0 0 0 0 0 X X 1 LYNNE SPENCER 15 TRIMOUNTAIN ROAD NAHANT MA 01908 5000 X 2 MR & MRS AMOS B HOSTETTER R TRUST PILOT HOUSE ASSOCIATES LLC 2 ATLANT BOSTON MA 02110 15000 X 3 ELIZABETH B JOHNSON FUND 88 BLACK FALCON AVENUE SUITE 167 S3 BOSTON MA 02110 10000 X ACCOUNTING SERVICES 189873 0 189873 0 ACCOUNTING FEES 52028 52028 52028 0 ACCOUNTING FEES 18514 18514 18514 0 ACCOUNTING FEES 5566 5566 5566 0 FOWLER CLARK FARM LLC 3 SCHOOL STREET BOSTON MA 02108 2017-12-31 1245000 HBI PROVIDED A BRIDGE LOAN TO FOWLER CLARK FARM LLC FOR FINANCING, OF WHICH $362,201 INCLUDING ACCRUED INTEREST, WAS OUTSTANDING AS OF 12/31/23. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. 362201 NONE NOTED PROMISSORY NOTE AGREEMENT DATED 12/28/17 AS PART OF THEIR EXPENDITURE RESPONSIBILITY PROCESS, HBI VERIFIED THE FOLLOWING:1. THE INVESTMENT WAS USED FOR THE REHABILITATION OF THE HISTORIC PROPERTY, WHICH IS PURPOSE OF THE GRANT.2. HBI ENTERED INTO AN OPERATING AGREEMENT, WHEREBY THE TERMS OF THE AGREEMENT OUTLINE THE NATURE OF THE REHABILITATION PROJECT. HBI RECEIVES INTERNAL FINANCIAL STATEMENTS AND TAX FILINGS ANNUALLY.3. THE GRANTEE HAS KEPT ADEQUATE BOOKS AND RECORDS AND MADE THEM AVAILABLE TO HBI THROUGHOUT THE YEAR. THE BOOKS AND RECORDS OF FOWLER CLARK FARM LLC WERE AUDITED BY AN INDEPENDENT AUDITOR AND INCLUDED IN HBI'S FINANCIAL STATEMENTS AND THUS, HBI IS REASONABLY ASSURED THE MONIES WERE USED FOR ITS INTENDED PURPOSE.4. THE EXPENDITURES MADE WITH THIS FUNDING DO NOT RELATE TO CARRYING ON PROPAGANDA, INFLUENCE LEGISLATION, OR INFLUENCE THE OUTCOME OF ANY PUBLIC ELECTIONS OR TO CARRY ON VOTER REGISTRATION DRIVES. KITTREDGE LLC 3 SCHOOL STREET BOSTON MA 02108 2022-01-31 486608 HBI PROVIDED A LOAN TO KITTREDGE LLC TO PAY OFF ITS EXISTING LOAN WITH A BANK WHICH WAS DUE. THE LOAN'S OUTSTANDING BALANCE AT 12/31/23 WAS $486,608. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE A HISTORIC PROPERTY. 486608 NONE NOTED 12/31/23 AS PART OF THEIR EXPENDITURE RESPONSIBILITY PROCESS, HBI VERIFIED THE FOLLOWING:1. THE INVESTMENT WAS USED TO PAY OFF THE PERMANENT LOAN ON KITTREDGE LLC'S PROPERTY.2. HBI RECEIVED BACK UP DOCUMENTATION FOR THE LOAN PAYOFF. HBI RECEIVES INTERNAL FINANCIAL STATEMENTS AND TAX FILINGS ANNUALLY.3. THE GRANTEE HAS KEPT ADEQUATE BOOKS AND RECORDS AND MADE THEM AVAILABLE TO HBI THROUGHOUT THE YEAR. THE BOOKS AND RECORDS OF KITTREDGE LLC WERE AUDITED BY AN INDEPENDENT AUDITOR AND INCLUDED IN HBI'S FINANCIAL STATEMENTS AND THUS, HBI IS REASONABLY ASSURED THE MONIES WERE USED FOR ITS INTENDED PURPOSE.4. THE EXPENDITURES MADE WITH THIS FUNDING DO NOT RELATE TO CARRYING ON PROPAGANDA, INFLUENCE LEGISLATION, OR INFLUENCE THE OUTCOME OF ANY PUBLIC ELECTIONS OR TO CARRY ON VOTER REGISTRATION DRIVES. BONDS 314173 314173 EQUITIES 179726 179726 OTHER FMV 43465 43465 LAND 212688 0 212688 212688 BUILDINGS AND IMPROVEMENTS 6054456 2738069 3316387 3316387 PROJECTS UNDER DEVELOPMENT 916160 0 916160 916160 FURNITURE AND EQUIPMENT 49835 21854 27981 27981 LEGAL FEES 19572 0 19572 0 LEGAL FEES 2549 2549 2549 0 LEGAL FEES 1611 1611 1611 0 LEGAL FEES 1645 1645 1645 0 DEFERRED LEASING COSTS, NET 36474 109547 109547 DUE FROM AFFILIATES 666866 718921 718921 INVESTMENT IN AFFILIATE 991055 818556 818556 SECURITY DEPOSITS 91820 104526 104526 PROJECT MANAGEMENT FEE RECEIVABLE, NET 902473 902473 902473 DEFERRED RENT RECEIVABLE 353797 335938 335938 RIGHT-OF-USE ASSET 240633 234062 234062 WRITE OFF OF INVESTMENTS IN AFFILIATES 175000 PROGRAM ACTIVITIES 13688 0 13469 219 MISCELLANEOUS 15299 0 3514 11785 OFFICE EQUIPMENT AND SUPPLIES 23558 0 8677 14881 COMMUNICATIONS 14837 0 11673 3164 COMMUNICATIONS 1610 1610 1610 0 OFFICE EQUIPMENT AND SUPPLIES 1792 1792 1792 0 MISCELLANEOUS 520 520 520 0 OFFICE EQUIPMENT AND SUPPLIES 1937 1937 1937 0 OFFICE EQUIPMENT AND SUPPLIES 422 422 422 0 AMORTIZATION 21436 21436 21436 0 UNREALIZED GAIN ON INVESTMENTS 65003 SALE OF TAX CREDIT 254800 SECURITY DEPOSITS 78618 98380 LINE OF CREDIT 1096860 1459148 OPERATING LEASE LIABILITY 414422 421220 PAYROLL SERVICE FEES 4559 0 4559 0 OTHER FEES 34970 0 34970 0 INVESTMENT FEES 4080 0 4080 0 PROPERTY MANAGEMENT FEES 3173 3173 3173 0 CONTRACTED SERVICES 311 311 311 0 CONTRACTED SERVICES 2239 2239 2239 0 PROPERTY MANAGEMENT FEES 2400 2400 2400 0 PAYROLL TAXES 25302 0 16587 8715 PAYROLL TAXES 5562 5562 5562 0 REAL ESTATE TAXES 203451 203451 203451 0 REAL ESTATE TAXES 6386 6386 6386 0 PAYROLL TAXES 1654 1654 1654 0 REAL ESTATE TAXES 553 553 553 0 PAYROLL TAXES 497 497 497 0