HISTORIC BOSTON INCORPORATED: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HISTORIC BOSTON INCORPORATED (EIN 04-6111819)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-01
- IRS object ID
- 202302449349100020
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-01T15:27:48-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046111819 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HISTORIC BOSTON INCORPORATED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HIST | BusinessNameControlTxt |
| Phone | 6174421859 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 SCHOOL STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHY KOTTARIDIS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 6174421959 | PhoneNum |
| Signature | 2023-08-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATHY | PersonFirstNm |
| Person Last | KOTTARIDIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SORIE KABA CPA | PreparerPersonNm |
| PTIN | P01317106 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2023-08-31 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,643,639 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $903,914 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $12,930 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $12,930 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $12,930 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1,231,746 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,231,746 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1,231,746 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $324,482 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $256,453 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,561,867 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $256,453 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $256,453 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $66,661 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $66,661 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,471,704 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,501,129 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,567,790 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $161,435 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $132,827 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $28,608 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $205,039 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $133,946 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $161,126 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $43,913 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $68,907 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $9,857 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $63,993 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $4,914 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $22,788 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $7,531 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $22,788 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $229,189 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $76,361 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $229,189 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $66,737 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,470 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $66,737 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $40,493 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $13,892 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $40,493 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $231,847 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $213,438 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $226,777 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $5,070 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $102,394 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $100,585 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $102,394 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $215,164 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $212,614 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $215,164 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $9,106 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $2,471 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,635 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $4,891 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $297 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $740 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $4,151 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $220,358 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $132,273 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $198,906 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $21,452 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,578,348 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $907,264 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $1,463,605 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $114,743 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,578,348 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $907,264 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $1,463,605 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $114,743 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $893,356 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $593,865 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $104,185 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $449,272 | CashBOYAmt |
| Cash EOY | $419,407 | CashEOYAmt |
| Cash EOYFMV | $419,407 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $477,144 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $149,118 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $149,118 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $94,141 | AcctRcvblAmt |
| Acct Rcvbl BOY | $142,113 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $94,141 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $94,141 | AcctRcvblEOYFMVAmt |
| Grants Receivable BOY | $50,000 | GrantsReceivableBOYAmt |
| Grants Receivable EOY | $85,950 | GrantsReceivableEOYAmt |
| Grants Receivable EOYFMV | $85,950 | GrantsReceivableEOYFMVAmt |
| Other Nts And Loans Rcvbl | $5,353,767 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $3,381,958 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $1,419,656 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,971,809 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,971,809 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $25,490 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $35,896 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $35,896 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $532,820 | CorporateStockBOYAmt |
| Corporate Stock EOY | $259,318 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $259,318 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $135,153 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $218,721 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $218,721 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,126,161 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,740,662 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,856,583 | LandBOYAmt |
| Land EOY | $5,385,499 | LandEOYAmt |
| Land EOYFMV | $8,126,161 | LandEOYFMVAmt |
| Other Assets BOY | $3,227,536 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,283,118 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,283,118 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,315,767 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,902,977 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,643,639 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $259,080 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $550,936 | AccountsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $2,640,381 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $2,133,512 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $920,235 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,589,900 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,819,696 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,274,348 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $6,767,439 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,648,578 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $1,728,632 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $980,051 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,496,071 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,628,629 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,315,767 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,902,977 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,496,071 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $893,356 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,389,427 | SubtotalAmt |
| Other Decreases | $1,760,798 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,628,629 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| VARIOUS SALES OF INVESTMENTS | P | $507,310 | $346,382 | $160,928 | $160,928 |
| VARIOUS SALES OF FIXED ASSETS | P | $1,054,557 | $959,032 | $95,525 | $95,525 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $256,453 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $256,453 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1984-06-24 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HISTORICBOSTON.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KATHY KOTTARIDIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6174421859 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 SCHOOL STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (1) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| KATHY KOTTARIDIS | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | EXECUTIVE DIRECTOR | 35.00 | $161,435 | $13,182 | $0 |
| MICHAEL DURAND | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| FELICIA JACQUES | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JAMES LABECK | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | CLERK | 1.00 | $0 | $0 | $0 |
| EMILY AXELROD | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SAMMY NABULSI | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | TREASURER | 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 |
| MICHAEL FELDMAN | ||||||||
| 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 |
| DEREK LUMPKINS | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| PAUL MCDONOUGH | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | PRESIDENT EMERITUS | 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 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| LISA LEWIS | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | PROJECT DIRECTOR | 35.00 | $108,788 | $12,606 | $0 |
| ANTONIO LOPES | ||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | RE DEV. DIRECTOR | 35.00 | $81,180 | $1,821 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MJ MAWN INC | |||||
| 595 WASHINGTON STREET | EAST WALPOLE | MA | 02032 | GENERAL CONTRACTOR - BUILDING REHAB | $785,650 |
| OLDE MOHAWK HISTORIC PRESERVATION | |||||
| 87 EAST EMERSON STREET | MELROSE | MA | 02176 | CONSULTING SERVICES- BUILDING REHAB | $193,989 |
| CLIFTONLARSONALLEN LLP | |||||
| 220 S 6TH STREET SUITE 300 | MINNEAPOLIS | MN | 55402 | ACCOUNTING SERVICES | $189,153 |
| AAFCPAS INC | |||||
| 50 WASHINGTON STREET | WESTBOROUGH | MA | 01581 | AUDIT & TAX SERVICES | $79,800 |
| GALE ASSOCIATES INC | |||||
| 163 LIBBEY PARKWAY | WEYMOUTH | MA | 02189 | CONSULTING SERVICES- BUILDING REHAB | $52,875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | 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. | Description1Txt |
| Expenses1 | $907,264 | Expenses1Amt |
| Description2 | 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. | Description2Txt |
| Expenses2 | $377,169 | Expenses2Amt |
| Description3 | 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. | Description3Txt |
| Expenses3 | $36,969 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | KITTREDGE LLC MORTGAGE REPLACEMENT LOAN | Description1Txt |
| Expenses1 | $486,608 | Expenses1Amt |
| Total | $486,608 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $569,874 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $800,022 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $140,817 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,510,713 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,510,713 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $22,661 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,488,052 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $74,403 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $114,743 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $486,608 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,379,873 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $1,981,224 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1984-06-24 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $74,403 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $74,403 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $63,243 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $63,243 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,981,224 | CurrentYearAmt |
| Year1 | $478,570 | Year1Amt |
| Year2 | $749,763 | Year2Amt |
| Year3 | $1,024,791 | Year3Amt |
| Total | $4,234,348 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,981,224 | CurrentYearAmt |
| Year1 | $478,570 | Year1Amt |
| Year2 | $749,763 | Year2Amt |
| Year3 | $1,024,791 | Year3Amt |
| Total | $4,234,348 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $49,602 | CurrentYearAmt |
| Year1 | $52,661 | Year1Amt |
| Year2 | $40,827 | Year2Amt |
| Year3 | $52,675 | Year3Amt |
| Total | $195,765 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,930 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531110 | BusinessCd |
| Unrelated Business Taxbl Incm | -$22,069 | UnrelatedBusinessTaxblIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 160000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$35,122 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 16 | ExclusionCd |
| Exclusion | $381,673 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $256,453 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| RECOVERY OF DUE FROM AFFILIATES | 01 | $65,545 | |
| MISCELLANEOUS REVENUE | $1,116 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$57,191 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $716,601 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,116 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $660,526 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11B | LineNumberTxt |
| Relationship Statement | MISCELLANEOUS INCOME REPRESENTS INCOME EARNED IN CARRYING OUT HBI'S MISSION AND EXEMPT PURPOSE. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| RAI FAMILY ENTERPRISES DBA COMFORT KITCHEN | ||||||
| 1 | 15 FAULKNER STREET APT 1 | BOSTON | MA | 02122 | $436,100 | Yes (X) |
| MR & MRS AMOS B HOSTETTER R TRUST | ||||||
| 2 | PILOT HOUSE ASSOCIATES LLC 2 ATLANT | BOSTON | MA | 02110 | $233,372 | Yes (X) |
| THE 1772 FOUNDATION | ||||||
| 3 | PO BOX 112 | POMFRET CENTER | CT | 06259 | $50,000 | Yes (X) |
| GEORGE B HENDERSON FOUNDATION | ||||||
| 4 | 75 STATE STREET 16TH FLOOR | BOSTON | MA | 02109 | $99,850 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ACCOUNTING SERVICES | $152,828 | $0 | $152,828 | $0 |
| ACCOUNTING FEES | $71,749 | $71,749 | $71,749 | $0 |
| ACCOUNTING FEES | $662 | $662 | $662 | $0 |
| ACCOUNTING FEES | $3,950 | $3,950 | $3,950 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| ROZZIE SUBSTATION LLC | ||||||||||
| 65 WAGON ROAD | WESTWOOD | MA | 02098 | 2015-12-31 | $175,000 | HBI PERFORMED DEVELOPMENT SERVICES IN EXCHANGE FOR A 1% OWNERSHIP INTEREST IN ROZZIE SUBSTATION, LLC. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT OF DEVELOPMENT SERVICES IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. | $175,000 | NONE NOTED | OPERATING AGREEMENT DATED 5/30/15 | AS PART OF THEIR EXPENDITURE RESPONSIBILITY PROCESS, HBI VERIFIED THE FOLLOWING:1. THE INVESTMENT REFLECTS PERFORMANCE OF DEVELOPMENT SERVICES, THUS, NO CASH WAS RECEIVED BY THE GRANTEE. THE DEVELOPMENT SERVICES WERE RENDERED IN CONNECTION WITH THE PURPOSE OF THE PROGRAM RELATED INVESTMENT, AS NOTED ABOVE.2. HBI ENTERTED INTO AN OPERATING AGREEMENT, WHEREBY THE TERMS OF THE AGREEMENT OUTLINE THE NATURE OF THE DEVELOPMENT SERVICES AND THE REQUIRED USE OF THE PROJECT. PER REVIEW OF THE TAX FILINGS, INCLUDING HBI'S K-1, HBI WAS ABLE TO CONCLUDE THAT THE INVESTMENT WAS USED TO FUND THE PURCHASE AND CONSTRUCTION OF REAL PROPERTY, WHICH IS IN LINE WITH THE INTENDED USE OF THE FUNDS.3. THE GRANTEE HAS KEPT ADEQUATE BOOKS AND RECORDS AND MADE THEM AVAILABLE TO HBI THROUGHOUT THE YEAR.4. THE DEVELOPMENT SERVICES RENDERED DO NOT RELATE TO CARRYING ON PROPAGANDA, INFLUENCE LEGISLATION, OR INFLUENCE THE OUTCOME OF ANY PUBLIC ELECTIONS OR TO CARRY ON VOTER REGISTRATION DRIVES. |
| FOWLER CLARK FARM LLC | ||||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | 2017-12-31 | $1,245,000 | HBI PROVIDED A BRIDGE LOAN TO FOWLER CLARK FARM LLC FOR FINANCING, OF WHICH $354,481 INCLUDING ACCRUED INTEREST, WAS OUTSTANDING AS OF 12/31/22. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. | $354,481 | 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. |
| FOWLER CLARK FARM MM LLC | ||||||||||
| 3 SCHOOL STREET | BOSTON | MA | 02108 | 2017-12-31 | $1,965,464 | HBI PROVIDED A CAPITAL CONTRIBUTION TO FOWLER CLARK FARM MM LLC IN THE AMOUNT OF $1,965,464. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. | $1,965,464 | NONE NOTED | OPERATING AGREEMENT DATED 12/19/17 | 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 MM 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 | $486,608 | 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 12/31/22 WAS $486,608. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE A HISTORIC PROPERTY. | $486,608 | NONE NOTED | 12/31/22 | 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. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BONDS | BondNm |
| EOY Book Value | $218,721 | EOYBookValueAmt |
| EOYFMV | $218,721 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES | StockNm |
| EOY Book Value | $259,318 | EOYBookValueAmt |
| EOYFMV | $259,318 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND | $212,688 | $0 | $212,688 | $212,688 |
| BUILDINGS AND IMPROVEMENTS | $5,998,633 | $2,619,402 | $3,379,231 | $5,998,633 |
| PROJECTS UNDER DEVELOPMENT | $1,764,208 | $0 | $1,764,208 | $1,764,208 |
| FURNITURE AND EQUIPMENT | $150,632 | $121,260 | $29,372 | $150,632 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LEGAL FEES | $15,257 | $0 | $15,257 | $0 |
| LEGAL FEES | $6,443 | $6,443 | $6,443 | $0 |
| LEGAL FEES | $1,088 | $1,088 | $1,088 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEFERRED LEASING COSTS, NET | $26,955 | $36,474 | $36,474 |
| DUE FROM AFFILIATES | $457,642 | $666,866 | $666,866 |
| INVESTMENT IN AFFILIATE | $1,471,604 | $991,055 | $991,055 |
| SECURITY DEPOSITS | $90,235 | $91,820 | $91,820 |
| PROJECT MANAGEMENT FEE RECEIVABLE, NET | $902,473 | $902,473 | $902,473 |
| DEFERED RENT RECEIVABLE | $278,627 | $353,797 | $353,797 |
| RIGHT OF USE ASSET | $240,633 | $240,633 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | $285,885 |
| PROVISION FOR ALLOWANCE ON NOTES RECEIVABLE | $480,544 |
| ADOPTION OF NEW LEASE STANDARD | $160,421 |
| IMPAIRMENT LOSS - PROPERTY & EQUIPMENT | $833,948 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROGRAM ACTIVITIES | $37,003 | $0 | $37,003 | $0 |
| MISCELLANEOUS | $8,158 | $0 | $3,449 | $4,709 |
| OFFICE EQUIPMENT AND SUPPLIES | $20,688 | $0 | $6,574 | $14,114 |
| COMMUNICATIONS | $22,236 | $0 | $19,607 | $2,629 |
| COMMUNICATIONS | $2,910 | $2,910 | $2,910 | $0 |
| OFFICE EQUIPMENT AND SUPPLIES | $5,809 | $5,809 | $5,809 | $0 |
| BAD DEBT | $115,000 | $115,000 | $115,000 | $0 |
| OFFICE EQUIPMENT AND SUPPLIES | $80 | $80 | $80 | $0 |
| OFFICE EQUIPMENT AND SUPPLIES | $481 | $481 | $481 | $0 |
| AMORTIZATION | $7,993 | $7,993 | $7,993 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| RECOVERY OF DUE FROM AFFILIATES | $65,545 | $65,545 |
| MISCELLANEOUS REVENUE | $1,116 | $1,116 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SECURITY DEPOSITS | $90,235 | $78,618 |
| LINE OF CREDIT | $830,000 | $1,096,860 |
| OPERATING LEASE LIABILITY | $0 | $414,422 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL SERVICE FEES | $3,684 | $0 | $3,684 | $0 |
| OTHER FEES | $51,941 | $0 | $51,941 | $0 |
| INVESTMENT FEES | $4,642 | $0 | $4,642 | $0 |
| PROPERTY MANAGEMENT FEES | $2,995 | $2,995 | $2,995 | $0 |
| PROPERTY MANAGEMENT FEES | $1,075 | $1,075 | $1,075 | $0 |
| PROPERTY MANAGEMENT FEES | $2,400 | $2,400 | $2,400 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $18,409 | $0 | $13,339 | $5,070 |
| PAYROLL TAXES | $8,011 | $8,011 | $8,011 | $0 |
| REAL ESTATE TAXES | $199,639 | $199,639 | $199,639 | $0 |
| REAL ESTATE TAXES | $4,591 | $4,591 | $4,591 | $0 |
| PAYROLL TAXES | $81 | $81 | $81 | $0 |
| REAL ESTATE TAXES | $634 | $634 | $634 | $0 |
| PAYROLL TAXES | $482 | $482 | $482 | $0 |