2019-11-08T13:48:05-06:00 2018-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2018-01-01 042802804 COUNCIL OF ELDERS HOUSING CORPORATION COUN 6173632300 ONE FLORENCE STREET BOSTON MA 02131 NANCY EMERSON-LOMBARDO PRESIDENT 6173632300 2019-11-08 1 PHILIP H CORNBLATT P00252478 4107834900 209.3.217.20 2019-11-08 09:05:55 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0FC5460241256066D74A2C5C66FD8B85E1F8608D 2018 2020-03-31 21:24:44Z NANCY EMERSON-LOMBARDO ONE FLORENCE STREET BOSTON MA 02131 2859923 0 X WWW.ROGERSON.ORG X 1980 MA TO PROVIDE HOUSING TO ELDERLY, HANDICAPPED, AND LOW-INCOME PERSONS. 7 7 0 0 0 0 0 0 2803951 2807909 26309 48825 2732 3189 2832992 2859923 0 0 0 0 330564 0 0 0 0 2505803 2887631 2836367 2887631 -3375 -27708 10499118 10337825 11462964 11329379 -963846 -991554 TO PROVIDE HOUSING TO ELDERLY, HANDICAPPED, AND LOW-INCOME PERSONS. 0 0 2663183 2811098 PROVIDED A FACILITY LOCATED IN BOSTON, MASSACHUSETTS WITH 144 LOW-INCOME HOUSING UNITS TO ELDERLY PERSONS WITH FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS TO PROMOTE THEIR HEALTH, HAPPINESS, AND USEFULNESS IN LONGER LIVING 2663183 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X MICHAEL ALVES 6174695814 ONE FLORENCE STREET BOSTON MA 02131 X CHERYL DORSEY BOARD MEMEBER 0.15 X 0 0 0 MARIE E COLEMAN ASSISTANT CLERK 0.15 X X 0 0 0 MARILYN FLOWERS MARION BOARD MEMBER 0.15 X 0 0 0 NANCY EMERSON LOMBARDO PRESIDENT 0.15 X X 0 0 0 RICHARD BROWN VICE PRESIDENT 0.15 X X 0 0 0 RUDOLPH R RUSSELL JR ASSISTANT TREASURER 0.15 X X 0 0 0 VICTORIA WILLIAMS BOARD MEMBER 0.15 X 0 0 0 0 0 0 0 0 0 0 ROGERSON COMMUNITIES ONE FLORENCE STREET BOSTON MA 02131 PAYROLL 355870 ROGERSON COMMUNITIES ONE FLORENCE STREET BOSTON MA 02131 MANAGEMENT 125886 US SECURITY ASSOCIATES INC 5 MIDDLESEX AVE SUITE 325 SOMERVILLE MA 02145 SECURITY 110452 3 RENTAL INCOME 531110 2798530 2798530 LAUNDRY INCOME 531110 9379 9379 2807909 48825 48825 MISCELLANEOUS REVENUE 900099 3189 3189 3189 2859923 2811098 0 48825 540625 339045 201580 6200 6200 22868 22868 9594 9594 127978 127978 590322 590322 645120 645120 478495 478495 65898 65898 REPAIRS AND MAINTENANCE 400031 400031 MISC TAXES AND PERMITS 500 500 2887631 2663183 224448 0 109735 97112 18045 21058 4337 5363 18110136 10756110 7640210 7354026 200880 194256 2525911 2666010 10499118 10337825 836623 378638 10524593 10417462 101748 533279 11462964 11329379 X -963846 -991554 -963846 -991554 10499118 10337825 -27708 0 X X 0 1 X 1 1 1 X 2661422 2691878 2725223 2803951 2807909 13690383 2661422 2691878 2725223 2803951 2807909 13690383 0 0 0 13690383 3623 4952 13266 26309 48825 96975 3623 4952 13266 26309 48825 96975 2348 2732 3189 8269 2665045 2696830 2740837 2832992 2859923 13795627 0.99240 0.99580 0.00700 0.00380 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 2,348. 2017 AMOUNT: $ 2,732. 2018 AMOUNT: $ 3,189. 135000 135000 17553230 10435817 7117413 35979 227 35752 385927 320066 65861 7354026 RESERVE FOR REPLACEMENTS 1666473 MORTGAGE ESCROW DEPOSITS 796385 OTHER RESERVES 66633 RESIDUAL RECEIPTS RESERVE 75749 TENANT DEPOSIT 60770 2666010 TENANT SECURITY DEPOSITS 45245 ACCRUED INTEREST PAYABLE 484285 RESIDUAL RECEIPT LIABILITY 3749 533279 X 2859923 0 2859923 0 2859923 2887631 0 2887631 0 2887631 PART X, LINE 2: COUNCIL OF ELDERS HOUSING CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2018. DUE TO THEIR TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2015 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE INDIVIDUALS MANAGING THE ORGANIZATION WORK FOR ROGERSON COMMUNITIES, INC. A TAX EXEMPT MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED AND AUTHORIZED BY A MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPRECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT.