2022-11-13T14:43:29-06:00 2021-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990PF 2021-01-01 046111819 HISTORIC BOSTON INCORPORATED HIST 6174421859 3 SCHOOL STREET BOSTON MA 02108 KATHY KOTTARIDIS EXECUTIVE DIRECTOR 6174421959 2022-11-11 1 KATHY KOTTARIDIS XXX-XX-XXXX SORIE KABA CPA P01317106 5083669100 2022-11-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X X 15403541 X 181655 12709 12709 12709 1156788 1156788 1156788 202320 12903 36543 12903 12903 2500 0 2500 1366555 1182400 1184900 157500 0 120797 36703 215242 120119 165082 50160 27818 9638 21336 6482 24354 13809 24354 0 264658 109802 264658 0 58922 15218 58922 0 63453 30024 63453 0 244072 225748 238003 6069 155917 154644 155917 266353 245262 266353 0 4379 0 359 4020 4471 233 1098 3373 92183 29971 67181 25002 1579322 954468 1447513 131809 0 0 1579322 954468 1447513 131809 -212767 227932 0 380335 449272 449272 249065 469339 469339 142113 376141 142113 142113 400000 50000 50000 4736934 3317278 1419656 1419656 1419656 15629 25490 25490 409605 532820 532820 201376 135153 135153 7600 7805 7805 8944357 3087774 5760614 5856583 8944357 3132785 3227536 3227536 12352806 12315767 15403541 256758 259080 2662118 2640381 805508 920235 3724384 3819696 X 6900040 6767439 1728382 1728632 8628422 8496071 12352806 12315767 8628422 -212767 80416 8496071 0 8496071 VARIOUS SALES OF INVESTMENTS P 36543 23640 12903 12903 12903 12903 X 1984-06-24 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 MA 1 1 0 1 0 1 WWW.HISTORICBOSTON.ORG KATHY KOTTARIDIS 6174421859 3 SCHOOL STREET BOSTON MA 02108 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 KATHY KOTTARIDIS 3 SCHOOL STREET BOSTON MA 02108 EXECUTIVE DIRECTOR 35.00 157500 9407 0 MICHAEL DURAND 3 SCHOOL STREET BOSTON MA 02108 PRESIDENT 1.00 0 0 0 BARBARA BOYLAN 3 SCHOOL STREET BOSTON MA 02108 VICE 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 DIRECTOR 1.00 0 0 0 HENRY MOSS 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 JULIE PAUL BROWN 3 SCHOOL STREET BOSTON MA 02108 DIRECTOR 1.00 0 0 0 BROOKE WOODSON 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 LISA LEWIS 3 SCHOOL STREET BOSTON MA 02108 SENIOR PROJECT MANAG 35.00 106005 9407 0 0 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 ACCOUNTING SERVICES 246548 AAFCPAS 50 WASHINGTON STREET WESTBOROUGH MA 01581 AUDIT/TAX 73000 0 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. 954468 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. 292549 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. 42117 FOWLER CLARK BRIDGE LOAN 346761 346761 651463 870049 82383 1603895 0 0 1603895 24058 1579837 78992 X 131809 346761 478570 1984-06-24 X 0 0 0 0 0 0 0 0 0 0 478570 749763 1024791 2595144 4848268 0 0 0 0 0 478570 749763 1024791 2595144 4848268 0 0 52661 40827 52675 50493 196656 0 0 0 0 X 0 0 14 12709 531110 -105643 160000 -120493 16 428456 01 12903 MISCELLANEOUS REVENUE 2500 -226136 454068 2500 230432 11A INTEREST EARNED ON LOANS (PROGRAM RELATED INVESTMENTS) WHICH WERE MADE TO FUND THE RENOVATION OF HISTORIC PROPERTIES. 11B MISCELLANEOUS INCOME REPRESENTS INCOME EARNED IN CARRYING OUT HBI'S MISSION AND EXEMPT PURPOSE. 0 0 0 0 0 0 0 0 0 0 X X 1 BARBARA AND AMOS HOSTETTER THE PILOT HOUSE 2 ATLANTIC AVENUE BOSTON MA 02210 15000 X 2 US SMALL BUSINESS ADMINISTRATION 409 3RD ST SW WASHINGTON DC 20416 80650 X 3 MARY SMOYER 111 PERKINS STREET JAMAICA PLAIN MA 02130 5290 X ACCOUNTING SERVICES 154856 0 154856 0 ACCOUNTING FEES 75694 75694 75694 0 ACCOUNTING FEES 18069 18069 18069 0 ACCOUNTING FEES 16039 16039 16039 0 ROZZIE SUBSTATION LLC 65 WAGON ROAD WESTWOOD MA 02098 2015-12-31 175000 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. 175000 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 1245000 HBI PROVIDED A BRIDGE LOAN TO FOWLER CLARK FARM LLC FOR FINANCING, OF WHICH $346,761 INCLUDING ACCRUED INTEREST, WAS OUTSTANDING AS OF 12/31/21. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. 346761 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 1965464 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. 1965464 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. BONDS 135153 135153 EQUITIES 532820 532820 MONEY MARKET FMV 7805 7805 LAND 187119 0 187119 187119 BUILDINGS AND IMPROVEMENTS 5817069 0 5817069 5817069 PROJECTS UNDER DEVELOPMENT 2792237 0 2792237 2792237 FURNITURE AND EQUIPMENT 147932 0 147932 147932 LEGAL FEES 10545 0 10545 0 LEGAL FEES 4250 4250 4250 0 LEGAL FEES 9559 9559 9559 0 DEFERRED LEASING COSTS, NET 48239 26955 26955 DUE FROM AFFILIATES 322025 457642 457642 INVESTMENT IN AFFILIATE 1471604 1471604 1471604 SECURITY DEPOSITS 175678 90235 90235 PROJECT MANAGEMENT FEE RECEIVABLE, NET 902473 902473 902473 DEFERED RENT RECEIVABLE 212766 278627 278627 PROGRAM ACTIVITIES 22094 0 22094 0 MISCELLANEOUS 9874 0 3653 6221 OFFICE EQUIPMENT AND SUPPLIES 18722 0 3440 15282 COMMUNICATIONS 11522 0 8023 3499 COMMUNICATIONS 2545 2545 2545 0 OFFICE EQUIPMENT AND SUPPLIES 1893 1893 1893 0 OFFICE EQUIPMENT AND SUPPLIES 2033 2033 2033 0 COMMUNICATIONS 419 419 419 0 MISCELLANEOUS 520 520 520 0 OFFICE EQUIPMENT AND SUPPLIES 905 905 905 0 COMMUNICATIONS 372 372 372 0 AMORTIZATION 21284 21284 21284 0 MISCELLANEOUS REVENUE 2500 2500 UNREALIZED GAIN ON INVESTMENTS 80416 SECURITY DEPOSITS 170508 90235 LINE OF CREDIT 635000 830000 PAYROLL SERVICE FEES 3057 0 3057 0 OTHER FEES 35779 0 35779 0 INVESTMENT FEES 4868 0 4868 0 PROPERTY MANAGEMENT FEES 6797 6797 6797 0 PROPERTY MANAGEMENT FEES 6709 6709 6709 0 PROPERTY MANAGEMENT FEES 1712 1712 1712 0 PAYROLL TAXES 18324 0 12255 6069 PAYROLL TAXES 4770 4770 4770 0 REAL ESTATE TAXES 196561 196561 196561 0 REAL ESTATE TAXES 21012 21012 21012 0 PAYROLL TAXES 1562 1562 1562 0 REAL ESTATE TAXES 456 456 456 0 PAYROLL TAXES 1387 1387 1387 0