2018-06-30T04:25:13-05:00 2017-12-31 260429030 NESSERALLA & COMPANY LLC 497 HOOKSETT ROAD MANCHESTER NH 03104 990 2017-01-01 223159643 AFFORDABLE HOUSING EDUCATION & DEVELOPMENT INC AFFO 6034441377 262 COTTAGE STREET LITTLETON NH 03561 MICHAEL CLAFLIN EXECUTIVE DIRECTOR 6034441377 2018-06-30 1 NESSERALLA COMPANY LLC P01068572 6033693812 2017 2022-09-23 18:48:47Z MICHAEL CLAFLIN 262 COTTAGE STREET LITTLETON NH 03561 3357889 0 X WWW.HOMESAHEAD.ORG X 1991 NH TO DEVELOP AND PROVIDE QUALITY, AFFORDABLE RENTAL HOUSING, FINANCIAL EDUCATION AND HOME OWNERSHIP OPPORTUNITIES THAT STRENGTHEN THE FAMILIES AND COMMUNITIES OF NORTHERN NEW HAMPSHIRE. 11 11 34 41 0 0 765914 1416668 1299479 1413199 5167 -2424 132208 134334 2202768 2961777 33000 684929 0 0 1526621 1510730 0 0 126657 648102 526384 2207723 2722043 -4955 239734 8470840 8880148 674372 905403 7796468 7974745 X TO DEVELOP AND PROVIDE QUALITY, AFFORDABLE RENTAL HOUSING, FINANCIAL EDUCATION AND HOME OWNERSHIP OPPORTUNITIES THAT STRENGTHEN THE FAMILIES AND COMMUNITIES OF NORTHERN NEW HAMPSHIRE. 0 0 1044958 1294046 PROPERTY MANAGEMENT - AHEAD OWNS AND MANAGES A PORTFOLIO OF LOW/MODERATE INCOME RENTAL PROPERTIES IN NINE NORTHERN NEW HAMPSHIRE COMMUNITIES AND TWO NORTHERN VERMONT COMMUNITIES. 949528 684929 222253 HOUSING DEVELOPMENT - AHEAD ACQUIRES AND REHABILITATES PRIMARILY SUBSTANDARD RENTAL HOUSING INTO QUALITY AFFORDABLE HOUSING, AND ALSO CONSTRUCTS NEW AFFORDABLE RENTAL HOUSING. AHEAD INTENDS TO KEEP THIS HOUSING AVAILABLE AND AFFORDABLE TO HOUSEHOLDS AT OR BELOW 80% OF MEDIAN INCOME FOR A MINIMUM OF 20 YEARS. 225804 112 ABC - AHEAD PROVIDES EDUCATION AND COUNSELING SERVICES TO PREPARE INDIVIDUALS FOR HOMEOWNERSHIP AND/OR FINANCIAL STABILITY. 34131 22 FORECLOSURE COUNSELING - AHEAD HELPS HOMEOWNERS FACING FORECLOSURE TO OBTAIN INTEREST RATE MODIFICATIONS, REFINANCING, SHORT SALE ASSISTANCE AND TO BRING THEIR MORTGAGES CURRENT OR TO MORE EASILY TRANSITION OUT OF THEIR HOMES DUE TO FORECLOSURE. 34131 22 2254421 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 7 0 1 34 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X AIMEE HOPKINS-STANTON 6034441377 262 COTTAGE STREET SUITE 116 LITTLETON NH 03561 BEN AMSDEN DIRECTOR 2.00 X 0 0 0 MARK HESLER DIRECTOR 2.00 X 0 0 0 MELANIE ILSLEY DIRECTOR 2.00 X 0 0 0 BENJAMIN TILTON DIRECTOR 2.00 X 0 0 0 NATANYA CHAMPNEY DIRECTOR 2.00 X 0 0 0 MELISSA KAM DIRECTOR 2.00 X 0 0 0 ALISON CHISOLM DIRECTOR 2.00 X 0 0 0 MICHAEL CLAFLIN EXECUTIVE DIRECTOR 43.00 X 98881 0 11168 MARTHA MCLEOD PRESIDENT 2.00 X 0 0 0 PETER COREY VICE-PRESIDENT 2.00 X 0 0 0 MARK MACDONALD SECRETARY 2.00 X 0 0 0 ALYCIA VOSINEK TREASURER 2.00 X 0 0 0 98881 0 11168 0 0 0 0 0 438082 978586 5040 1416668 FEES FOR SERVICES 531110 1199862 1199862 DEVELOPER FEE INCOME 531110 149670 149670 RENTAL INCOME 531110 63667 63667 1413199 14900 14900 41000 58324 -17324 -17324 -17324 427223 337788 89435 89435 RECOVERY OF BAD DEBT 531110 30000 30000 REALIZED GAIN ON SALE 531110 13776 13776 OTHER INCOME 531110 1123 1123 44899 2961777 1516433 0 28676 527629 527629 157300 157300 98881 8244 52440 38197 1062949 912009 122030 28910 75749 59994 11362 4393 183575 152000 19275 12300 89576 64360 21757 3459 15129 3050 6481 5598 40593 17762 22831 24598 24598 35035 8352 2358 24325 130288 108504 17670 4114 31368 15654 15714 32622 29407 3215 76360 67373 5110 3877 32336 23549 8787 48784 29280 19504 23981 17569 6409 3 REPAIRS AND MAINTENANCE 17795 17237 558 0 MISCELLANEOUS 8856 4667 2708 1481 EQUIPMENT LEASE 4707 1951 2756 0 SUPPORTIVE SERVICE 2501 2501 0 0 1431 1431 2722043 2254421 340965 126657 28968 58436 437173 163614 233721 256038 224593 280616 3853566 3788223 39147 67658 1196790 530949 954479 665841 686071 768236 801245 801245 1106 0 1210771 2030241 8470840 8880148 125269 152600 35413 209935 123472 339168 593918 674372 905403 X 4742875 5694254 432367 294178 2621226 1986313 7796468 7974745 8470840 8880148 X 239734 59275 8750 -129482 X 0 1 X 0 1 1 X 679438 966699 962365 765914 991668 4366084 968749 974086 1417661 1342084 1413199 6115779 1648187 1940785 2380026 2107998 2404867 10481863 75000 50000 125000 0 75000 50000 125000 10356863 104587 94187 52834 18946 14900 285454 104587 94187 52834 18946 14900 285454 1752774 2034972 2432860 2126944 2419767 10767317 0.96190 0.95470 0.02650 0.03110 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: GIFTS TO AHEAD TO SUPPORT CONSTRUCTION OF THE NEW FRIENDSHIP H DATE: 12/31/17 AMOUNT: 425000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 905590 214242 80059 212573 987318 1490533 5727 17206 607876 905590 1676500 4500 24253 214720 1490533 1262419 385882 53199 25000 1676500 1281064 7516 123839 150000 1262419 1.00000 0.00000 0.00000 0 0 55841 140906 196747 743396 321507 421889 256647 209442 47205 665841 INVESTMENT IN LOW-INCOME HOUSING PARTNERSHIPS 801245 C 801245 PROJECTS UNDER DEVELOPMENT 439657 ADVANCES - RELATED PARTIES 203243 DEVELOPMENT FEES RECEIVABLE 929379 RESTRICTED ENDOWMENT 29323 TENANT SECURITY DEPOSITS 3639 INVESTMENT IN RELATED PARTY 425000 2030241 LINES OF CREDIT 556500 PREPAID RENT 8 TENANT SECURITY DEPOSITS 3639 OBLIGATION UNDER CAPITAL LEASE 33771 593918 PART V, LINE 4: THE ORGANIZATION'S BOARD DESIGNATED ENDOWMENT FUNDS ARE COMPRISED OF CASH AND INVESTMENTS FROM WHICH THE INTEREST AND INVESTMENT INCOME WILL BE UNRESTRICTED FOR FURTHERING THE EXEMPT PURPOSE OF AHEAD. 1 NORTHERN LIGHTS HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 030272205 501(C)(3) 513082 N/A N/A LOW INCOME HOUSING BUILDING IMPROVEMENTS 1 FUNDS FOR PURCHASE OF MANUFACTURED/MODULAR HOMES 5 157300 N/A N/A PART I, LINE 2: GRANTS ARE PROVIDED TO INDIVIDUALS TO ENABLE THEM TO PURCHASE MANUFACTURED/MODULAR HOMES FROM BETTER HOMES AHEAD. THE GRANT FUNDS ARE RECEIVED BY BETTER HOMES AHEAD, A RELATED PARTY, SO AHEAD IS ABLE TO MONITOR USE THROUGH CONTROL OF RELATED PARTY. GRANTS ARE PROVIDED TO DOMESTIC ORGANIZATIONS RELATED TO AHEAD FOR THE VARIOUS PROGRAM RELATED IMPROVEMENTS TO RENTAL PROPERTIES. THE GRANT FUNDS ARE RECEIVED BY RELATED PARTIES SO AHEAD IS ABLE TO MONITOR USE THROUGH CONTROL OF RELATED PARTY. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY FINANCE COMMITTEE AND TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS DISCUSSED AT A BOARD MEETING. ALL BOARD MEMBERS ARE GIVEN THE CONFLICT OF INTEREST FORMS TO SIGN. IF THIS CHANGED DURING THE YEAR, FORMS WOULD BE UPDATED PRIOR TO START OF BUSINESS WITH THEM. FORM 990, PART VI, SECTION B, LINE 15 AHEAD PARTICIPATES IN VARIOUS SURVEYS REGARDING COMPENSATION FOR NON-PROFITS IN ORDER TO OBTAIN THIS INFORMATION TO MAKE SURE WE ARE COMPENSATING APPROPRIATELY. THE EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD. SENIOR STAFF IS REVIEWED BY THE EXECUTIVE DIRECTOR. BUDGETS FOR SALARY INCREASES ARE APPROVED BY THE BOARD YEARLY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: RECOVERY OF/(DISCOUNT) ON NOTE RECEIVABLE - NET -129,482. BEATTIE HOUSE INC 262 COTTAGE STREET LITTLETON NH 03561 830424723 RENTAL LOW-INCOME HOUSING NH 501(C)(3) 509(A)(2) AHEAD 0 TOWN & COUNTRY INC 262 COTTAGE STREET LITTLETON NH 03561 260836646 RENTAL LOW-INCOME HOUSING NH 501(C)(3) 509(A)(2) AHEAD 0 GROVETON HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 222540933 RENTAL LOW-INCOME HOUSING NH 501(C)(3) 509(A)(2) AHEAD 0 NORTHERN LIGHTS HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 030272205 RENTAL LOW-INCOME HOUSING NH 501(C)(3) 509(A)(2) AHEAD 0 AHEAD QTR INC 262 COTTAGE STREET LITTLETON NH 03561 464378899 RENTAL COMMERCIAL PROPERTY NH 501(C)(2) N/A AHEAD 0 LITTLETON SOUTH-WEST LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020494421 RENTAL LOW-INCOME HOUSING NH UGHC RELATED 1139 277967 1 1 1.00000 AMMONOOSUC GREEN LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020507644 RENTAL LOW-INCOME HOUSING NH UGHC RELATED 253965 2537844 0 1 1.00000 WOODSVILLE MAPLE-WALNUT LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020505028 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -21804 356810 1 1 1.00000 BETHLEHEM-PINE MANOR LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020485485 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -13385 250261 0 1 1.00000 LISBON RENEWAL LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 550851935 RENTAL LOW-INCOME HOUSING NH AHEAD RELATED -52991 34397 1 1 0.00010 LISBON INN COMPANY 262 COTTAGE STREET LITTLETON NH 03561 030276598 RENTAL LOW-INCOME HOUSING NH NHDC RELATED -43041 2009445 1 1 1.00000 WOODSVILLE OPERA BLOCK LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 274445703 RENTAL LOW-INCOME HOUSING NH CACHED RELATED -9 40646 0 1 0.00010 MCKEE INN LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 274445578 RENTAL LOW-INCOME HOUSING NH CACHED RELATED -7 59222 0 1 0.00010 LITTLETON TOWN & COUNTRY LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 263725601 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -20 1045305 0 1 0.00010 SENIOR LIVING AT NOTRE DAME LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 462701829 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -24 838535 0 1 0.00010 COMMUNITY LIVING AT LLOYD'S HILLS LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 472022104 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -31249 481879 0 1 1.00000 UPPER GRAFTON HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 020494422 RENTAL LOW-INCOME HOUSING NH AHEAD C -43 1.00000 0 NORTHERN HOUSING DEVELOPMENT CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 030275342 RENTAL LOW-INCOME HOUSING NH AHEAD C -43041 -120187 1.00000 0 NORTHERN NEW HAMPSHIRE HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 020498982 RENTAL LOW-INCOME HOUSING NH AHEAD C 1.00000 0 CACHED INC 262 COTTAGE STREET LITTLETON NH 03561 823826155 RENTAL LOW-INCOME HOUSING NH AHEAD C 0.79000 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 BEATTIE HOUSE INC L 64005 ACTUAL AMOUNT NORTHERN LIGHTS HOUSING CORPORATION L 222119 ACTUAL AMOUNT LISBON INN COMPANY L 61210 ACTUAL AMOUNT MCKEE INN LIMITED PARTNERSHIP L 103757 ACTUAL AMOUNT WOODSVILLE OPERA BLOCK LIMITED PARTNERSHIP L 98420 ACTUAL AMOUNT SENIOR LIVING AT NOTRE DAME LIMITED PARTNERSHIP L 97831 ACTUAL AMOUNT AHEAD QTR INC D 187670 PROMISSORY NOTE COMMUNITY LIVING AT LLOYD'S HILLS LIMITED PARTNERSHIP D 138238 PROMISSORY NOTE TOWN & COUNTRY INC L 56288 ACTUAL AMOUNT LITTLETON TOWN & COUNTRY LIMITED PARTNERSHIP L 59254 ACTUAL AMOUNT AHEAD QTR INC L 82864 ACTUAL AMOUNT NORTHERN LIGHTS HOUSING CORPORATION B 513082 ACTUAL AMOUNT AHEAD QTR INC B 425000 ACTUAL AMOUNT AHEAD QTR INC S 135000 ACTUAL AMOUNT