STRATEGY STUDIO / PUBLIC DATA EXPLORER

WAY FINDERS INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WAY FINDERS INC (EIN 04-2518368)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-05
IRS object ID
202321259349301212
Schema version
2021v4.2
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)
Return2023-05-05T09:33:36-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042734675PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DANIEL DENNIS AND COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1990 WASHINGTON STREETAddressLine1Txt
CityDEDHAMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02026ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042518368EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WAY FINDERS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAYFBusinessNameControlTxt
Phone4132331500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11780 MAIN STREETAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEREK J MORRISPersonNm
Person TitleCFOPersonTitleTxt
Phone4132331658PhoneNum
Signature2023-05-01SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDEREKPersonFirstNm
Person LastMORRISPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL DRISCOLLPreparerPersonNm
PTINP01347837PTIN
Phone6172629898PhoneNum
Preparation2023-05-01PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDEREK J MORRISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11780 MAIN STREETAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$168,594,430GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WAYFINDERS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1972FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionWAY FINDERS, INC. IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE HOUSING ASSISTANCE AND TECHNICAL ASSISTANCE TO LOW-INCOME AND DISABLED INDIVIDUALS IN WESTERN MASSACHUSETTS.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee399TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$106,093,175PYContributionsGrantsAmt
CY Contributions Grants$166,096,637CYContributionsGrantsAmt
PY Program Service Revenue$1,971,191PYProgramServiceRevenueAmt
CY Program Service Revenue$2,129,893CYProgramServiceRevenueAmt
PY Investment Income$327,520PYInvestmentIncomeAmt
CY Investment Income$367,900CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$108,391,886PYTotalRevenueAmt
CY Total Revenue$168,594,430CYTotalRevenueAmt
PY Grants And Similar Paid$76,193,505PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$139,809,059CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$15,659,465PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$19,026,935CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$315,107CYTotalFundraisingExpenseAmt
PY Other Expenses$13,256,285PYOtherExpensesAmt
CY Other Expenses$9,549,363CYOtherExpensesAmt
PY Total Expenses$105,109,255PYTotalExpensesAmt
CY Total Expenses$168,385,357CYTotalExpensesAmt
PY Revenues Less Expenses$3,282,631PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$209,073CYRevenuesLessExpensesAmt
Total Assets BOY$64,833,045TotalAssetsBOYAmt
Total Assets EOY$56,219,602TotalAssetsEOYAmt
Total Liabilities BOY$47,742,991TotalLiabilitiesBOYAmt
Total Liabilities EOY$38,920,475TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,090,054NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,299,127NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWAY FINDERS, INC. PROVIDES AFFORDABLE HOUSING OPPORTUNITIES, EDUCATION AND SUPPORT; ENABLING PEOPLE TO ACHIEVE A BETTER FUTURE AND PROMOTING VIBRANT, DIVERSE COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$52,730,710ExpenseAmt
Grant$47,664,521GrantAmt
Revenue$10,092RevenueAmt
DescRENTAL ASSISTANCE PROGRAMS PROVIDE RENT SUPPLEMENTS TO QUALIFIED LOW-INCOME HOUSEHOLDS UNDER PROGRAMS SUBSIDIZED BY FEDERAL AND STATE FUNDS. A VARIETY OF SUPPORTIVE SERVICES ARE PROVIDED TO RENTAL ASSISTANCE PARTICIPANTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$108,030,087ExpenseAmt
Grant$92,144,275GrantAmt
Revenue$180,704RevenueAmt
DescCLIENT SERVICES INCLUDE TEMPORARY SHELTER AND SUPPORTIVE SERVICES FOR THE HOMELESS AND TRANSITIONAL HOUSING AND SUPPORTIVE SERVICES FOR VICTIMS OF DOMESTIC VIOLENCE AND OTHER FORMERLY HOMELESS FAMILIES. WAY FINDERS PROVIDES A WIDE VARIETY OF INFORMATION AND REFERRAL SERVICES, HOUSING COUNSELING AND EDUCATION SERVICES FOR TENANTS AS WELL AS ACCESS TO FINANCIAL ASSISTANCE TO HELP FAMILIES AND INDIVIDUALS AVOID HOMELESSNESS. THE SERVICES ARE FUNDED THROUGH FEDERAL AND STATE PROGRAMS AND PRIVATE GRANTS AND DONATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,381,572ExpenseAmt
Revenue$1,640,620RevenueAmt
DescREAL ESTATE DEVELOPMENT SERVICES INCLUDE BOTH NEW CONSTRUCTION AND PURCHASE AND REHABILITATION TO PROVIDE AFFORDABLE INDIVIDUAL, SINGLE FAMILY AND MULTI-FAMILY RENTAL HOUSING AND AFFORDABLE OWNER OCCUPIED HOUSING. THESE ACTIVITIES ARE FINANCED BY ACCESSING FEDERAL AND STATE PROGRAMS AND PRIVATE LENDERS. RENTAL MANAGEMENT SERVICES ARE PROVIDED TO VARIOUS AFFORDABLE HOUSING PROJECTS. WAY FINDERS AND ITS SUBSIDIARIES OWN A DIRECT OR INDIRECT INTEREST IN MOST OF THE PROJECTS DEVELOPED BY WAY FINDERS. THESE EFFORTS ARE AIMED AT ENSURING THAT THE PROPERTIES MEET THE NEEDS OF THEIR LOW TO MODERATE INCOME RESIDENTS AS WELL AS MAINTAINING THE FINANCIAL VIABILITY OF THESE PROPERTIES IN THE FUTURE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtRevenueRevenueAmtDescDescGrantGrantAmt
$681,153$533,179RENTAL PROPERTIES PROVIDE AFFORABLE HOUSING TO ELIGIBLE TENANTS UNDER SHORT-TERM OPERATING LEASES. RENTAL PROPERTIES INCLUDE PROPERTIES WHOLLY OWNED BY WAY FINDERS.
$732,547$116,317HOME OWNERSHIP SERVICES INCLUDE EDUCATION AND COUNSELING FOR FIRST-TIME HOMEBUYERS, POST-PURCHASE AND FORECLOSURE PREVENTION COUNSELING, AND EDUCATION SERVICES FOR RENTAL PROPERTY OWNERS. WAY FINDERS ALSO PROVIDES ACCESS TO FINANCIAL RESOURCES FOR DOWN PAYMENT AND CLOSING COSTS, TO ADDRESS LEAD-PAINT HAZARDS IN THE HOME, AND FOR HOME MODIFICATION LOANS FOR THE DISABLED.$263
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,413,700TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$263TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$649,496TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$164,556,069TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
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 EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3222IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee399EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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
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 Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DEREK J MORRIS CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4132331658PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11780 MAIN STREETAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
LEEANN PASQUINI
DIRECTOR2.00Yes (X)$0$0$0
JESSICA FRAGA
DIRECTOR2.00Yes (X)$0$0$0
JIM BRODERICK
DIRECTOR2.00Yes (X)$0$0$0
GLENN WELCH
DIRECTOR2.00Yes (X)$0$0$0
JAMES SHERBO
CHAIRPERSON2.00Yes (X)$0$0$0Yes (X)
RONDEY ALLEN
DIRECTOR2.00Yes (X)$0$0$0
BRENDA DOHERTY
DIRECTOR2.00Yes (X)$0$0$0
MARTA ALVEREZ
DIRECTOR2.00Yes (X)$0$0$0
ERICA TRUE
DIRECTOR2.00Yes (X)$0$0$0
LEONARD UNDERWOOD
SECRETARY2.00Yes (X)$0$0$0Yes (X)
CLARE HIGGINS
DIRECTOR2.00Yes (X)$0$0$0
ADLYN COLON
DIRECTOR2.00Yes (X)$0$0$0
KARON TYLER
DIRECTOR2.00Yes (X)$0$0$0
ROSEMARY MORIN
VICE CHAIRPERSON2.00Yes (X)$0$0$0Yes (X)
PASCALE DESIR NON-VOTING
ASST. SECRETARY & CHIEF LE40.00Yes (X)$145,079$0$10,112Yes (X)
LIDYA RIVERA-EARLY
DIRECTOR2.00Yes (X)$0$0$0
JASMINE MATTA-NAYLOR
VICE CHAIRPERSON2.00Yes (X)$0$0$0Yes (X)
GEORGE D ROSA
TREASURER2.00Yes (X)$0$0$0Yes (X)
JIM HICKSON
DIRECTOR2.00Yes (X)$0$0$0
DENISE COGMAN
DIRECTOR2.00Yes (X)$0$0$0
CLARE HIGGINS
DIRECTOR2.00Yes (X)$0$0$0
DEREK J MORRIS
CHIEF FINANCIAL OFFICER40.00$151,720$0$21,149Yes (X)
LAUREEN BORGATTI
CHIEF OPERATING OFFICER40.00$157,158$0$17,143Yes (X)
MEGAN TALBERT
CHIEF DEVELOPMENT OFFICER40.00$131,101$0$16,208Yes (X)
JANETTE VIGO
CHIEF PROGRAM OFFICER40.00$128,256$0$18,146Yes (X)
KEITH FAIREY
PRESIDENT AND CEO40.00$218,619$0$16,405Yes (X)
ANNI ZHU
CHIEF OF STAFF40.00$36,429$0$270Yes (X)
DIANE SMITH
CHIEF REAL ESTATE OFFICER40.00$137,923$0$1,716Yes (X)
NANCY RIVERA
SR. VP OF RENTAL ASSISTANC40.00$185,914$0$4,308Yes (X)
PETER GAGLIARDI
FORMER PRESIDENT & CEO40.00$128,197$0$10,714Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,420,396TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$116,171TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K22IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DIETZ & CO ARCHITECTS
55 FRANK B MURRAY STREET STE 201SPRINGFIELDMA01103ARCHITECTURE$874,192
SNI COMPANIES
PO BOX 840912DALLASTX75284TEMPORARY SERVICES$304,116
ROTH STAFFING COMPANIES
450 N STATE COLLEGE BLVDORANGECA92868TEMPORARY SERVICES$187,470
FIO PARTNERS
PO BOX 363CHESTERCT06412STRATEGIC PLANNING$150,000
JMR STAFFING LLC
PO BOX 823461PHILIDEPHIAPA19182TEMPORARY SERVICES$141,722
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Government Grants$164,331,265GovernmentGrantsAmt
All Other Contributions$1,765,372AllOtherContributionsAmt
Total Contributions$166,096,637TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROPERTY MANAGEMENT REVENUE531310$755,976$755,976
RENTAL REVENUE531110$610,410$610,410
REAL ESTATE DEVELOPMENT REVENUE531390$393,997$393,997

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$369,510TotalRevenueColumnAmt
Related Or Exempt Func Income$369,510RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,129,893TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$367,900TotalRevenueColumnAmt
Related Or Exempt Func Income$351,019RelatedOrExemptFuncIncomeAmt
Exclusion$16,881ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$168,594,430TotalRevenueColumnAmt
Related Or Exempt Func Income$2,480,912RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$16,881ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$77,565TotalAmt
Program Services$77,565ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$139,731,494TotalAmt
Program Services$139,731,494ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,100,657TotalAmt
Management And General$1,100,657ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,702,989TotalAmt
Program Services$12,672,479ProgramServicesAmt
Management And General$1,885,504ManagementAndGeneralAmt
Fundraising$145,006FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,845,155TotalAmt
Program Services$1,504,858ProgramServicesAmt
Management And General$332,729ManagementAndGeneralAmt
Fundraising$7,568FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,378,134TotalAmt
Program Services$1,111,127ProgramServicesAmt
Management And General$255,327ManagementAndGeneralAmt
Fundraising$11,680FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$70,259TotalAmt
Program Services$61,776ProgramServicesAmt
Management And General$8,483ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$90,207TotalAmt
Program Services$87,831ProgramServicesAmt
Management And General$1,989ManagementAndGeneralAmt
Fundraising$387FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$715TotalAmt
Management And General$715ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,567,577TotalAmt
Program Services$1,268,980ProgramServicesAmt
Management And General$284,258ManagementAndGeneralAmt
Fundraising$14,339FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$169,184TotalAmt
Program Services$136,626ProgramServicesAmt
Management And General$32,198ManagementAndGeneralAmt
Fundraising$360FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$590,758TotalAmt
Program Services$439,058ProgramServicesAmt
Management And General$146,569ManagementAndGeneralAmt
Fundraising$5,131FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$31,140TotalAmt
Program Services$850,803ProgramServicesAmt
Management And General-$824,483ManagementAndGeneralAmt
Fundraising$4,820FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,062,278TotalAmt
Program Services$1,416,627ProgramServicesAmt
Management And General-$361,329ManagementAndGeneralAmt
Fundraising$6,980FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$63,394TotalAmt
Program Services$54,383ProgramServicesAmt
Management And General$9,011ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$119,936TotalAmt
Program Services$80,218ProgramServicesAmt
Management And General$39,718ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$650,472TotalAmt
Program Services$291,597ProgramServicesAmt
Management And General$249,632ManagementAndGeneralAmt
Fundraising$109,243FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$392,567TotalAmt
Program Services$176,347ProgramServicesAmt
Management And General$216,220ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$181,594TotalAmt
Program Services$177,032ProgramServicesAmt
Management And General$4,141ManagementAndGeneralAmt
Fundraising$421FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM EXPENSES$3,983,275$3,895,828$85,639$1,808
DUES AND FEES$357,314$112,490$238,395$6,429
OTHER EXPENSES$117,586$308,579-$191,928$935
TAXES$56,091$55,355$736

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$45,016TotalAmt
Program Services$45,016ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$168,385,357TotalAmt
Program Services$164,556,069ProgramServicesAmt
Management And General$3,514,181ManagementAndGeneralAmt
Fundraising$315,107FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$27,668,374BOYAmt
EOY$16,246,128EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,510,035BOYAmt
EOY$4,801,916EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$20,261,512BOYAmt
EOY$20,745,503EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$177,945BOYAmt
EOY$308,080EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$10,450,964LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,483,572LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,318,810BOYAmt
EOY$5,967,392EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$142,530BOYAmt
EOY$142,530EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$145,190EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,753,839BOYAmt
EOY$7,862,863EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$64,833,045BOYAmt
EOY$56,219,602EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,457,450BOYAmt
EOY$3,014,806EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$7,245BOYAmt
EOY$49,158EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$785,604BOYAmt
EOY$631,876EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$13,896,894BOYAmt
EOY$15,190,322EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,595,798BOYAmt
EOY$20,034,313EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$47,742,991BOYAmt
EOY$38,920,475EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,644,568BOYAmt
EOY$13,941,458EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,445,486BOYAmt
EOY$3,357,669EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,090,054BOYAmt
EOY$17,299,127EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$64,833,045BOYAmt
EOY$56,219,602EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$209,073ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,833,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,440,841CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$72,171,789CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$106,106,952CurrentTaxYearMinus1YearAmt
Current Tax Year$166,096,637CurrentTaxYearAmt
Total$355,650,153TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,833,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,440,841CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$72,171,789CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$106,106,952CurrentTaxYearMinus1YearAmt
Current Tax Year$166,096,637CurrentTaxYearAmt
Total$355,650,153TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$355,650,153PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$107,399CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$204,466CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$278,978CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$327,520CurrentTaxYearMinus1YearAmt
Current Tax Year$367,900CurrentTaxYearAmt
Total$1,286,263TotalAmt
FieldValueIRS element (for citing)
Total Support$356,936,416TotalSupportAmt
Gross Receipts Rltd Activities$151,350,332GrossReceiptsRltdActivitiesAmt
Public Support CY1700.99640PublicSupportCY170Pct
Public Support PY1700.99370PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$715DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$715TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLOBBYING ACTIVITIES CONSISTED OF SENDING LETTERS TO GOVERNMENT OFFICIALS AND LEGISLATORS AND MEETING WITH OR CALLING GOVERNMENT OFFICIALS AND LEGISLATORS.ExplanationTxt

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$561,000OtherCostOrOtherBasisAmt
Book Value$561,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,108,037OtherCostOrOtherBasisAmt
Depreciation$2,175,272DepreciationAmt
Book Value$2,932,765BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$980,887OtherCostOrOtherBasisAmt
Depreciation$103,622DepreciationAmt
Book Value$877,265BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,368,095OtherCostOrOtherBasisAmt
Depreciation$1,771,733DepreciationAmt
Book Value$1,596,362BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$432,945OtherCostOrOtherBasisAmt
Depreciation$432,945DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,967,392TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescWORK IN PROGRESSDesc
Book Value$7,862,863BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$7,862,863TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCONTRACT ADVANCESDesc
Amt$20,034,313Amt
FieldValueIRS element (for citing)
Total Liability$20,034,313TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE ORGANIZATION HOLDS $25,389 IN TENANT SECURITY DEPOSITS THAT ARE COLLECTED UPON MOVE IN TO A HOUSING UNIT. THE DEPOSIT IS REFUNDED LESS ANY SIGNIFICANT DAMAGES OR BACK RENT UPON TENANT MOVE OUT. THE ORGANIZATION HOLDS $606,487 IN FUNDS FOR CLIENTS WHO PARTICIPATE IN THE FSS PROGRAM FUNDED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FUNDS ARE HELD BY THE ORGANIZATION UNTIL THE CLIENT COMPLETES THE PROGRAM UPON WHICH THE FUNDS ARE DISBURSED TO THE CLIENT. IF THE CLIENT DOES NOT COMPLETE THE PROGRAM, THE FUNDS ARE RETURNED TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
PART X, LINE 2:WAY FINDERS EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. AT JUNE 30, 2022, WAY FINDERS BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ITS OPEN TAX RETURNS (2019-2021).

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
SPRINGFIELD DAY NURSERY
1095 MAIN STREETSPRINGFIELDMA01103042103855501(C)(3)$50,000$0MOMSQUAD FOR HOMELESS FAMILIES
MASSACHUSETTS FAIR HOUSING CENTER
58 SUFFOLK STREETHOLYOKEMA01040223043308501(C)(3)$27,303$0FAIR HOUSING EDUCATION

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeASSISTANCE PAYMENTS UNDER FEDERAL & STATE FUNDED GRANT PROGRAMS THAT PROVIDE HOUSING, EMERGENCY SHELTER AND BASIC NEEDS ASSISTANCE TO INDIVIDUALS AND FAMILIES.GrantTypeTxt
Recipient19079RecipientCnt
Cash Grant$139,731,494CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationWAY FINDERS FOLLOWS THE GUIDELINES ESTABLISHED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, THE COMMONWEALTH OF MASSACHUSETTS, AND THE UNIFORM GUIDANCE TO ISSUE AND MONITOR THE BENEFITS AWARDED UNDER FEDERAL AND STATE PROGRAMS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Severance PaymentYes (1)SeverancePaymentInd
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 (6 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
KEITH FAIREY
PRESIDENT AND CEO$218,619$0$0$0$0$0$0$0$16,405$0$235,024$0$0$0
NANCY RIVERA
SR. VP OF RENTAL ASSISTANC$185,914$0$0$0$0$0$0$0$4,308$0$190,222$0$0$0
LAUREEN BORGATTI
CHIEF OPERATING OFFICER$157,158$0$0$0$0$0$0$0$17,143$0$174,301$0$0$0
DEREK J MORRIS
CHIEF FINANCIAL OFFICER$151,720$0$0$0$0$0$0$0$21,149$0$172,869$0$0$0
PASCALE DESIR NON-VOTING
ASST. SECRETARY & CHIEF LE$145,079$0$0$0$0$0$0$0$10,112$0$155,191$0$0$0
PETER GAGLIARDI
FORMER PRESIDENT & CEO$125,982$0$0$0$2,215$0$0$0$10,714$0$138,911$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS ESTABLISHED AND APPROVED BY THE BOARD. THE BOARD DELEGATES APPROVAL OF THE COMPENSATION OF OTHER TOP MANAGEMENT OFFICIALS, WHICH IS THEN REVIEWED BY A COMMITTEE OF THE BOARD.
PART I, LINE 4ANANCY RIVERA, SENIOR VICE PRESIDENT OF RENTAL ASSISTANCE, RECEIVED A $130,000 PAYMENT UPON HER RETIREMENT IN APRIL 2021.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASSACHUSETTS DEVELOPMENT FINACE AGENCYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIPNONEAVAILCUSIPNum
Bond Issued2018-12-20BondIssuedDt
Issue Price$6,960,000IssuePriceAmt
PurposeFACILITY CONSTRUCTIONPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$6,960,000TotalProceedsAmt
Capital Expenditures$6,960,000CapitalExpendituresAmt
Substantial Completion2019SubstantialCompletionYr
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE CEO & PRESIDENT, COO, CFO AND THE FINANCE & AUDIT COMMITTEE. A COPY OF FORM 990 IS DISTRIBUTED TO BOARD MEMBERS BEFORE IT IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE ASKED TO SUBMIT A CONFLICT OF INTEREST STATEMENT ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15ATHE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS ESTABLISHED AND APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILBLE BY REQUEST TO DEREK J. MORRIS, CFO, WAY FINDERS, INC., 1780 MAIN STREET, SPRINGFIELD, MA 01103.
FORM 990 PART XII LINE 2CTHIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmt
CHICOPEE KENDALL LLC
1780 MAIN STREETSPRINGFIELDMA01103611584711INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INC
PARADISE PONDS LLC
1780 MAIN STREETSPRINGFIELDMA01103203847976LOW INCOME HOUSINGMAWAY FINDERS INC$164,040$1,818,257
WHITCOMBS WALNUT LLC
1780 MAIN STREETSPRINGFIELDMA01103042518368INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INC
MBL HOUSING & DEVELOPMENT LLC
1780 MAIN STREETSPRINGFIELDMA01103043176772DEVELOPMENT OF AFFORDABLE HOUSINGMAWAY FINDERS INC$197,000$447,385
FULLER FUTURE LLC
1780 MAIN STREETSPRINGFIELDMA01103475307523DEVELOPMENT OF AFFORDABLE HOUSINGMAWAY FINDERS INC$1,585,295
LC2 HOYOKE LLC
1780 MAIN STREETSPRINGFIELDMA01103831107768DEVELOPMENT OF AFFORDABLE HOUSINGMAWAY FINDERS INC$2,252,017
ROSEWOOD WAY LLC
1780 MAIN STREETSPRINGFIELDMA01103844987310DEVELOPMENT OF AFFORDABLE HOUSINGMAWAY FINDERS INC$2,710,605
WF REAL ESTATE HOLDING LLC
1780 MAIN STREETSPRINGFIELDMA01103844993858DEVELOPMENT OF AFFORDABLE HOUSINGMAWAY FINDERS INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
SOUTHAMPTON HOUSING FOR THE ELDERLY INC
1780 MAIN STREETSPRINGFIELDMA01103222619892LOW INCOME HOUSINGMA501(C)(3)LINE 7WAY FINDERS INCYes (1)
STEVENS SENIOR HOUSING OF LUDLOW INC
1780 MAIN STREETSPRINGFIELDMA01103800651317LOW INCOME HOUSINGMA501(C)(3)LINE 7WAY FINDERS INCYes (1)
COMMON CAPITAL INC
1780 MAIN STREETSPRINGFIELDMA01103223051402SMALL BUSINESS LENDINGMA501(C)(3)LINE 7WAY FINDERS INCYes (1)
1780 HCHQ INC
1780 MAIN STREETSPRINGFIELDMA01103825021847DEVELOP AND LEASE OFFICE SPACE FOR WAY FINDERSMA501(C)(3)LINE 12C, III-FIWAY FINDERS INCYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctDirect Controlling NADirectControllingNACd
BUTTERNUT PROPERTIES LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103562320595LOW INCOME HOUSINGMAWHITCOMB WALNUT LLCRELATED-$197,883$5,223,376000.99990
LIVE PLEASANT LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103371836176LOW INCOME HOUSINGMA00N/A
NEWCOURT TERRACE LLC
1780 MAIN STREETSPRINGFIELDMA01103546066373LOW INCOME HOUSINGMA00N/A
VERANO APARTMENTS LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103201662508LOW INCOME HOUSINGMA00N/A
CHURCH STREET SCHOOL LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103203477227LOW INCOME HOUSINGMA00N/A
CBA HOUSING LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103320285601LOW INCOME HOUSINGMA00N/A
OLYMPIA AMHERST LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103800924186LOW INCOME HOUSINGMA00N/A
PARSONS LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103300807221LOW INCOME HOUSINGMA00N/A
KENQUAD LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103300847878LOW INCOME HOUSINGMA00N/A
DWIGHT CLINTON JOINT VENTURE
1780 MAIN STREETSPRINGFIELDMA01103043006085LOW INCOME HOUSINGMAWAY FINDERS INCRELATED$4,166$576,7890Yes (1)0.50000
LUMBER YARD NORTHAMPTON LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103352605855LOW INCOME HOUSINGMA00N/A
LIBRARY COMMONS LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103841921826LOW INCOME HOUSINGMA00N/A
LUMBER MASTER LLC
1780 MAIN STREETSPRINGFIELDMA01103842230048LEASE COMMERCIAL AND OFFICE SPACEMAWAY FINDERS INCRELATED$1,846$11,5270Yes (1)0.51000
SERGEANT HOUSE LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103352641360LOW INCOME HOUSINGMA00N/A
WINDRUSH COMMONS LIMITED PARTNERSHIP
1780 MAIN STREETSPRINGFIELDMA01103873356072LOW INCOME HOUSINGMAWF REAL ESTATE HOLDING LLCRELATED000.99990
WINDRUSH COMMONS GP LLC
1780 MAIN STREETSPRINGFIELDMA01103873334713INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCRELATED0Yes (1)0.51000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
HAP COMMUNITY HOUSING SERVICES INC
1780 MAIN STREETSPRINGFIELDMA01103042770112INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC$290,689$1,592,7811.000000
BELMONT BYERS LLC
1780 MAIN STREETSPRINGFIELDMA01103472505994INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC0.790000
BUTTERNUT HOUSING INC
1780 MAIN STREETSPRINGFIELDMA01103043742817INVESTMENT IN LOW INCOME HOUSINGMAC0N/A
KIBBE COURT INC
1780 MAIN STREETSPRINGFIELDMA01103542063788INVESTMENT IN LOW INCOME HOUSINGMAC0N/A
VERANO INC
1780 MAIN STREETSPRINGFIELDMA01103201647984INVESTMENT IN LOW INCOME HOUSINGMAC0N/A
GREENVILLE PARK LLC
1780 MAIN STREETSPRINGFIELDMA01103510631007INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC$2,0010.790000
CBA CHARLTON HOUSING INC
1780 MAIN STREETSPRINGFIELDMA01103383792188INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC0.790000
OLYMPIA DRIVE 85 LLC
1780 MAIN STREETSPRINGFIELDMA01103462757160INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC0.790000
PARSONS VILLAGE LLC
1780 MAIN STREETSPRINGFIELDMA01103464539943INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC0.510000
PLEASANT CROSSINGS LLC
1780 MAIN STREETSPRINGFIELDMA01103813481391INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC$15,5650.790000
SERGEANT HOUSE GP LLC
1780 MAIN STREETSPRINGFIELDMA01103832074219INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC0.510000
LUMBER YARD 256 LLC
1780 MAIN STREETSPRINGFIELDMA01103822844405INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC$1,5900.510000
LIBRARY COMMONS LLC
1780 MAIN STREETSPRINGFIELDMA01103841906819INVESTMENT IN LOW INCOME HOUSINGMAWAY FINDERS INCC1.000000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other OrgYes (1)AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (29 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
KENQUAD LIMITED PARTNERSHIP
A$77,596INT PAYMENT BASED ON PART AGMT
LIVE PLEASANT LIMITED PARTNERSHIP
A$13,018INT PAYMENT BASED ON PART AGMT
OLYMPIA AMHERST LIMITED PARTNERSHIP
A$30,913INT PAYMENT BASED ON PART AGMT
PARSONS LIMITED PARTNERSHIP
A$67,914INT PAYMENT BASED ON PART AGMT
LIBRARY COMMONS LIMITED PARTNERSHIP
A$2,913INT PAYMENT BASED ON PART AGMT
1780 HCHQ INC
K$274,500WRITTEN LEASE AGREEMENT
LUMBERYARD NORTHAMPTON LIMITED PARTNERSHIP
K$29,400WRITTEN LEASE AGREEMENT
LIBRARY COMMONS LIMITED PARTNERSHIP
L$489,917DEVELOPER SERVICES AGREEMENT
WINDRUSH COMMONS LIMITED PARTNERSHIP
L$204,632DEVELOPER SERVICES AGREEMENT
CBA HOUSING LIMITED PARTNERSHIP
LPARTNERSHIP & MGMT AGREEMENTS
KENQUAD LIMITED PARTNERSHIP
L$54,018PARTNERSHIP & MGMT AGREEMENTS
LIVE PLEASANT LIMITED PARTNERSHIP
L$63,199PARTNERSHIP & MGMT AGREEMENTS
LUMBERYARD NORTHAMPTON LIMITED PARTNERSHIP
L$92,485PARTNERSHIP & MGMT AGREEMENTS
DWIGHT CLINTON JOINT VENTURE
Q$70,807SERVICE CONTRACT AND EE TIMESHEET
HAP COMMUNITY HOUSING SERVICES INC
Q$62,010EMPLOYEE TIMESHEETS BY PROPERTY
SOUTHAMPTON HOUSING FOR THE ELDERLY INC
Q$231,284EMPLOYEE TIMESHEETS BY PROPERTY
STEVENS SENIOR HOUSING OF LUDLOW INC
Q$87,852EMPLOYEE TIMESHEETS BY PROPERTY
CBA HOUSING LIMITED PARTNERSHIP
Q$138,604EMPLOYEE TIMESHEETS BY PROPERTY
CHURCH STREET SCHOOL LIMITED PARTNERSHIP
Q$83,800EMPLOYEE TIMESHEETS BY PROPERTY
KENQUAD LIMITED PARTNERSHIP
Q$129,834EMPLOYEE TIMESHEETS BY PROPERTY
LIVE PLEASANT LIMITED PARTNERSHIP
Q$192,810EMPLOYEE TIMESHEETS BY PROPERTY
LUMBERYARD NORTHAMPTON LIMITED PARTNERSHIP
Q$217,645EMPLOYEE TIMESHEETS BY PROPERTY
NEWCOURT TERRACE LLC
Q$95,354EMPLOYEE TIMESHEETS BY PROPERTY
OLYMPIA AMHERST LIMITED PARTNERSHIP
Q$105,507EMPLOYEE TIMESHEETS BY PROPERTY
PARSONS LIMITED PARTNERSHIP
Q$82,413EMPLOYEE TIMESHEETS BY PROPERTY
VERANO APARTMENTS LIMITED PARTNERSHIP
Q$133,035EMPLOYEE TIMESHEETS BY PROPERTY
BUTTERNUT PROPERTIES LIMITED PARTNERSHIP
Q$71,102EMPLOYEE TIMESHEETS BY PROPERTY
SERGEANT HOUSE LIMITED PARTNERSHIP
Q$94,303EMPLOYEE TIMESHEETS BY PROPERTY
LIBRARY COMMONS LIMITED PARTNERSHIP
Q$81,778EMPLOYEE TIMESHEETS BY PROPERTY