2017-11-15T12:54:12-06:00 2016-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2016-01-01 042697814 CHARLES H FARNSWORTH HOUSING CORPORATIOn CHAR 6173632300 ONE FLORENCE STREET BOSTON MA 02131 CHITRA SHARMA Officer 6173632300 2017-10-16 1 PHILIP H CORNBLATT P00252478 4107834900 209.3.217.20 2017-10-16 16:24:03 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F5E5BC45D7379974C64F8E15BF5958EBA47B35BC 2016 2021-01-29 14:40:06Z Peter R Fenn Esq ONE FLORENCE STREET BOSTON MA 02131 1508456 0 X N/A X 1979 MA TO PROVIDE CONGREGATE HOUSING FACILITIES FOR THE ELDERLY OF LIMITED MEANS WHO ARE UNABLE TO CARE FOR THEMSELVES. 5 5 0 0 0 0 0 0 1472197 1502376 1817 5381 0 699 1474014 1508456 0 0 0 0 232380 240870 0 0 0 1347166 1346858 1579546 1587728 -105532 -79272 4641312 4468578 4703234 4609772 -61922 -141194 TO PROVIDE CONGREGATE HOUSING FACILITIES FOR THE ELDERLY OF LIMITED MEANS WHO ARE UNABLE TO CARE FOR THEMSELVES. 0 0 1557760 1502376 PROVIDED A FACILITY located in boston, ma WITH 76 LOW-INCOME HOUSING UNITS TO ELDERLY PERSONS WITH FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS and TO PROMOTE THEIR HEALTH, HAPPINESS, AND USEFULNESS IN LONGER LIVING 1557760 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 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X CHITRA SHARMA 6174695814 ONE FLORENCE STREET BOSTON MA 02131 X Ms Cheryl Dorsey TRUSTEE 1.00 X 0 0 0 mr DONALD CHARSKY CLERK 1.00 X X 0 0 0 Peter R Fenn Esq PRESIDENT 1.00 X X 0 0 0 PETER ERHARIC TREASURER 1.00 X X 0 0 0 Ms Lisa Lewis TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 Rogerson Communities one Florence Street BOSTON MA 02131 Payroll 258866 Rogerson Communities One Florence Street BOSTON MA 02131 Management 113563 2 RENTAL INCOME 531110 1494648 1494648 LAUNDRY INCOME 531110 7728 7728 1502376 5381 5381 Miscellaneous Revenue 900099 699 699 699 1508456 1503075 0 5381 240870 240870 62490 62490 130 130 17597 17597 1975 1975 7202 7202 28 28 264630 264630 216953 216953 62386 62386 REAL ESTATE TAXES 224197 224197 Repairs and maintenance 173230 173230 UTILITIES 148979 148979 Security Contracts 49509 49509 117552 112383 5169 1587728 1557760 29968 0 193824 119648 2546 2546 1754 22327 41911 7820167 4755549 3246610 3064618 26275 26275 249600 242019 900130 969807 4641312 4468578 420585 375287 4259274 4212324 23375 22161 4703234 4609772 X -61922 -141194 -61922 -141194 4641312 4468578 -79272 0 X X 0 1 X 1 1 1 X 1481778 1431673 1452892 1472197 1502376 7340916 1481778 1431673 1452892 1472197 1502376 7340916 0 0 0 7340916 2911 1476 1359 1817 5381 12944 2911 1476 1359 1817 5381 12944 699 699 1484689 1433149 1454251 1474014 1508456 7354559 0.99810 0.99810 0.00180 0.00190 X Schedule A, Part III, Line 12, Explanation of Other Income: Miscellaneous Income - 2016 Amount: $ 699. 228000 228000 7123000 4325020 2797980 469167 430529 38638 3064618 Escrow Deposits 189591 RESERVE FOR REPLACEMENTS 711852 RESIDUAL RECEIPTS RESERVE 38336 TENANT SECURITY DEPOSITS 30028 969807 TENANT SECURITY DEPOSITS 22161 22161 X 1508456 0 1508456 0 1508456 1587728 0 1587728 0 1587728 Part X, Line 2: The 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, 2016. Due to its 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. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. 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 2013 remain open. 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 xii line 2c the organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant