2021-10-26T10:48:08-05:00 2020-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990PF 2020-01-01 046111819 HISTORIC BOSTON INCORPORATED HIST 6174421859 20 EUSTIS STREET ROXBURY MA 02119 KATHY KOTTARIDIS EXECUTIVE DIRECTOR 6174421959 2021-10-18 1 KATHY KOTTARIDIS XXX-XX-XXXX SORIE KABA CPA P01317106 5083669100 2021-10-18 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 15284663 X 662901 11880 11880 11880 1073554 1073554 1073554 134613 16601 75437 16601 16601 1514 1514 1514 1766450 1103549 1103549 150000 0 27101 122899 281018 88683 139455 141563 29858 4909 10304 19554 34509 27475 34509 0 196517 62854 196517 0 149885 79373 149885 0 38464 28874 38464 0 255806 231724 237483 18323 152512 151507 152512 213637 201210 201210 12427 4204 0 4204 0 8734 1093 5500 3234 180998 61239 88276 92722 1696142 938941 1285420 410722 0 0 1696142 938941 1285420 410722 70308 164608 0 436508 380335 380335 23108 249065 249065 449589 73448 74142 376141 376141 287333 400000 400000 4606708 3187052 1419656 1419656 1419656 13073 15629 15629 388012 409605 409605 191929 201376 201376 25933 7600 7600 8692471 2931857 5667265 5760614 8692471 3319155 3132785 3132785 11846114 12352806 15284663 192864 256758 2679783 2662118 185601 805508 3058248 3724384 X 7559685 6900040 1228181 1728382 8787866 8628422 11846114 12352806 8787866 70308 45248 8903422 275000 8628422 VARIOUS SALES OF INVESTMENTS P 2019-12-31 2020-12-31 75437 58836 16601 16601 16601 16601 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 20 EUSTIS STREET ROXBURY MA 02119 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 20 EUSTIS STREET ROXBURY MA 02119 EXECUTIVE DIRECTOR 40.00 150000 9013 0 KATHLEEN MACNEIL 20 EUSTIS STREET ROXBURY MA 02119 PRESIDENT 1.00 0 0 0 BARBARA BOYLAN 20 EUSTIS STREET ROXBURY MA 02119 VICE PRESIDENT 1.00 0 0 0 FELICIA JACQUES 20 EUSTIS STREET ROXBURY MA 02119 TREASURER 1.00 0 0 0 MICHAEL DURAND 20 EUSTIS STREET ROXBURY MA 02119 CLERK 1.00 0 0 0 EMILY AXELROD 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 BRIAN AWE 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 RICHARD BEAL 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR (UNTIL FY20) 1.00 0 0 0 KARILYN CROCKETT 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 MICHAEL FELDMAN 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 JAMES LABECK 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 DEREK LUMPKINS 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 PAUL MCDONOUGH 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 HENRY MOSS 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 JULIE PAUL BROWN 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 BROOKE WOODSON 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 SAMMY NABULSI 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR 1.00 0 0 0 SHAURYA BATRA 20 EUSTIS STREET ROXBURY MA 02119 DIRECTOR OF RE DEVEL 40.00 121800 916 0 LISA LEWIS 20 EUSTIS STREET ROXBURY MA 02119 SENIOR PROJECT MANAG 40.00 100958 9013 0 GABRIELLE CHAPMAN 20 EUSTIS STREET ROXBURY MA 02119 OFFICE MANAGER 40.00 54000 8819 0 0 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 ACCOUNTING SERVICES 157709 AAFCPAS 50 WASHINGTON STREET WESTBOROUGH MA 01581 AUDIT/TAX 80000 HACIN ASSOCIATES 500 HARRISON AVE 4F BOSTON MA 02118 ARCHITECT SERVICES 61837 MJ MAWN INC 595 WASHINGTON STREET EAST WALPOLE MA 02032 CONSTRUCTION 56865 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. 938941 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. 445913 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. 56738 FOWLER CLARK BRIDGE LOAN 339041 339041 566302 449388 227785 1243475 0 0 1243475 18652 1224823 61241 X 410722 339041 749763 0 749763 1984-06-24 X 0 0 0 27827 27827 0 0 0 23653 23653 749763 1024791 2595144 2470605 6840303 0 0 0 0 0 749763 1024791 2595144 2470605 6840303 0 0 40827 52675 50493 55143 199138 0 0 0 0 X 0 0 14 11880 531110 -73746 160000 -134792 16 343151 01 16601 INTEREST ON LOANS 1514 -208538 371632 1514 164608 11A INTEREST EARNED ON LOANS (PROGRAM RELATED INVESTMENTS) WHICH WERE MADE TO FUND THE RENOVATION OF HISTORIC PROPERTIES. 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 81943 X 3 CITY OF BOSTON - COMMUNITY PRESERVATION ACT 26 COURT STREET 9TH FLOOR BOSTON MA 02108 500000 X ACCOUNTING SERVICES 133663 0 133663 0 ACCOUNTING FEES 43145 43145 43145 0 ACCOUNTING FEES 3393 3393 3393 0 ACCOUNTING FEES 16316 16316 16316 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 20 EUSTIS STREET ROXBURY MA 02119 2017-12-31 1245000 HBI PROVIDED A BRIDGE LOAN TO FOWLER CLARK FARM LLC FOR FINANCING UP TO $1,245,000, OF WHICH $339,041 WAS EXPENDED AS OF 12/31/20. CONSISTENT WITH HBI'S MISSION, THE PURPOSE OF THIS PROGRAM RELATED INVESTMENT IS TO RESTORE AND PRESERVE AN AT-RISK HISTORIC PROPERTY. 339041 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 20 EUSTIS STREET ROXBURY MA 02119 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 201376 201376 EQUITIES 409605 409605 MONEY MARKET FMV 7600 7600 LAND 187119 0 187119 187119 BUILDINGS AND IMPROVEMENTS 5754037 0 5754037 5754037 PROJECTS UNDER DEVELOPMENT 2607403 0 2607403 2607403 FURNITURE AND EQUIPMENT 143912 0 143912 143912 LEGAL FEES 7034 0 7034 0 LEGAL FEES 19745 19745 19745 0 LEGAL FEES 7730 7730 7730 0 DEFERRED LEASING COSTS, NET 74507 48239 48239 DUE FROM AFFILIATES 239549 322025 322025 INVESTMENT IN AFFILIATE 1746604 1471604 1471604 SECURITY DEPOSITS 185601 175678 175678 PROJECT MANAGEMENT FEE RECEIVABLE, NET 902473 902473 902473 DEFERED RENT RECEIVABLE 170421 212766 212766 PROVISION FOR ALLOWANCE ON NOTES RECEIVABLE 275000 PROGRAM ACTIVITIES 73624 0 3040 70584 MISCELLANEOUS 15626 0 7581 8045 OFFICE EQUIPMENT AND SUPPLIES 20665 0 14199 6466 COMMUNICATIONS 9844 0 2217 7627 COMMUNICATIONS 2045 2045 2045 0 MISCELLANEOUS 590 590 590 0 OFFICE EQUIPMENT AND SUPPLIES 1537 1537 1537 0 BAD DEBT 28782 28782 28782 0 OFFICE EQUIPMENT AND SUPPLIES 735 735 735 0 COMMUNICATIONS 119 119 119 0 MISCELLANEOUS 8 8 8 0 OFFICE EQUIPMENT AND SUPPLIES 583 583 583 0 COMMUNICATIONS 572 572 572 0 AMORTIZATION 26268 26268 26268 0 INTEREST ON LOANS 1514 1514 1514 UNREALIZED GAIN ON INVESTMENTS 45248 SECURITY DEPOSITS 185601 170508 LINE OF CREDIT 0 635000 PAYROLL SERVICE FEES 1922 0 1922 0 FINANCE AND ADMINISTRATIVE CONSULTANT 0 0 0 0 REAL ESTATE COMMISSIONS 0 0 0 0 OTHER FEES 64307 0 64307 0 INVESTMENT FEES 4283 0 4283 0 PROPERTY MANAGEMENT FEES 58786 58786 58786 0 PROPERTY MANAGEMENT FEES 12710 12710 12710 0 PROPERTY MANAGEMENT FEES 7877 7877 7877 0 PAYROLL TAXES 24082 0 5759 18323 PAYROLL TAXES 5618 5618 5618 0 REAL ESTATE TAXES 203337 203337 203337 0 REAL ESTATE TAXES 20004 20004 20004 0 PAYROLL TAXES 374 374 374 0 REAL ESTATE TAXES 590 590 590 0 PAYROLL TAXES 1801 1801 1801 0