2016-06-30T09:48:30-05:00 2015-12-31 260429030 NESSERALLA & COMPANY LLC 497 Hooksett Road Manchester NH 03104 990 2015-01-01 223159643 AFFORDABLE HOUSING EDUCATION & DEVELOPMENT INC AFFO 6034441377 262 COTTAGE STREET LITTLETON NH 03561 MICHAEL CLAFLIN EXECUTIVE DIRECTOR 6034441377 2016-06-30 1 Nesseralla Company LLC P01068572 6033693812 2015 2016-09-27 15:27:22Z MICHAEL CLAFLIN 161 MAIN STREET LITTLETON NH 03561 2639535 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. 10 10 35 41 0 0 966699 962365 974086 1359757 23349 14945 76168 88122 2040302 2425189 0 77786 0 0 1518326 1555397 0 0 149553 540903 581655 2059229 2214838 -18927 210351 10244647 10800737 699501 1057104 9545146 9743633 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 1053054 1150232 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. 400748 77786 255468 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. 182385 2507 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. 129688 1783 ABC - AHEAD PROVIDES EDUCATION AND COUNSELING SERVICES TO PREPARE INDIVIDUALS FOR HOMEOWNERSHIP AND/OR FINANCIAL STABILITY. 129688 1783 1765875 1 1 0 0 0 0 0 0 1 1 1 0 0 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 5 0 1 35 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X CATHY TOWLE AHEAD INC 6034441377 262 COTTAGE STREET LITTLETON NH 03561 BENJAMIN TILTON DIRECTOR 2.00 X 0 0 0 MARTHA MCLEOD DIRECTOR 2.00 X 0 0 0 DR CLARE WILMOT DIRECTOR 2.00 X 0 0 0 MELISSA KAM DIRECTOR 2.00 X 0 0 0 MELANIE ILSLEY DIRECTOR 2.00 X 0 0 0 PETER COREY DIRECTOR 2.00 X 0 0 0 ALYCIA VOSINEK DIRECTOR 2.00 X 0 0 0 MICHAEL CLAFLIN EXECUTIVE DIRECTOR 42.00 X 91444 0 6406 BEN AMSDEN PRESIDENT 2.00 X 0 0 0 MARK MACDONALD VICE-PRESIDENT 2.00 X 0 0 0 SHAWN TESTER TREASURER 2.00 X 0 0 0 MARK HESLER ASSISTANT TREASURER 2.00 X 0 0 0 JOY DAVIS SECRETARY 2.00 X 0 0 0 91444 0 6406 0 0 0 0 0 220000 742365 962365 FEES FOR SERVICES 531110 1080001 1080001 DEVELOPER FEE INCOME 531110 224000 224000 RENTAL INCOME 531110 55756 55756 1359757 14945 14945 240305 214346 25959 25959 REALIZED GAIN ON SALE 531110 37889 37889 OTHER INCOME 531110 24274 24274 62163 2425189 1409990 0 52834 49886 49886 27900 27900 91444 12803 46636 32005 1076298 923568 98448 54282 294266 235961 36561 21744 93389 74885 11603 6901 4445 4052 393 25925 16091 9834 24626 18030 3356 3240 66958 38868 3595 24495 153484 122905 27552 3027 35622 23034 12029 559 51841 44239 7602 95271 82405 9666 3200 17015 16280 735 47666 32386 15280 24176 16389 7787 REPAIRS AND MAINTENANCE 13056 12726 330 MISCELLANEOUS 7927 7211 616 100 EQUIPMENT LEASE 5637 3178 2459 FEASIBILITY EXPENSE 4928 4928 3078 3078 2214838 1765875 299410 149553 37852 74855 641305 494623 64433 215224 122637 295380 5572852 5819510 41901 18756 1447232 432174 871556 1015058 992933 1016818 7389 7722 1891789 1842791 10244647 10800737 120280 225697 180716 363944 398505 467463 699501 1057104 X 7035829 7009074 128690 233952 2380627 2500607 9545146 9743633 10244647 10800737 X 210351 -26748 14884 X 0 1 X 0 0 X 288437 548979 679438 966699 962365 3445918 1248695 2251104 968749 974086 1417661 6860295 1537132 2800083 1648187 1940785 2380026 10306213 0 0 0 10306213 28364 78093 104587 94187 52834 358065 28364 78093 104587 94187 52834 358065 1565496 2878176 1752774 2034972 2432860 10664278 0.96640 0.96850 0.03360 0.03150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1676500 4500 24253 214720 1490533 1262419 385882 53199 25000 1676500 1281064 7516 123839 150000 1262419 1167697 50234 90808 27675 1281064 1088667 163481 -6786 77665 1167697 1.00000 0.00000 0.00000 0 0 134254 140906 275160 908191 270787 637404 263881 161387 102494 1015058 PROJECTS UNDER DEVELOPMENT 3935 ADVANCES - RELATED PARTIES 74866 DEVELOPMENT FEES RECEIVABLE 969686 INVESTMENTS IN PARTNERSHIPS 764500 RESTRICTED ENDOWMENT 26321 TENANT SECURITY DEPOSITS 3483 1842791 LINES OF CREDIT 390860 PREPAID RENT 525 TENANT SECURITY DEPOSITS 3483 OBLIGATION UNDER CAPITAL LEASE 72595 467463 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 GROVETON HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 222540933 501(C)(3) 49886 MATCHING FUNDS TO QUALIFY FOR REHABILITATION GRANT 1 FUNDS FOR PURCHASE OF MANUFACTURED/MODULAR HOMES 1 27900 Part I, Line 2: GRANT FUNDS ARE RECEIVED BY RELATED PARTIES. AHEAD IS ABLE TO MONITOR USE THROUGH CONTROL OF RELATED PARTIES. Form 990, Part VI, Section B, line 11 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 14,884. LOSS ON IMPAIRMENT OF FIXED ASSETS ORGANIZATIONAL COSTS 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)(3) N/A AHEAD 0 LITTLETON SOUTH-WEST LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020494421 RENTAL LOW-INCOME HOUSING NH AHEAD RELATED -15 364722 1 1 0.99900 AMMONOOSUC GREEN LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020507644 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -9913 629241 1 1 0.00010 WOODSVILLE MAPLE-WALNUT LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020505028 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -64260 25895 1 1 0.00010 BETHLEHEM-PINE MANOR LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 020485485 RENTAL LOW-INCOME HOUSING NH AHEAD RELATED -409 263796 0 1 0.99000 LISBON RENEWAL LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 550851935 RENTAL LOW-INCOME HOUSING NH AHEAD RELATED -8 67841 0 1 0.00010 LISBON INN COMPANY 262 COTTAGE STREET LITTLETON NH 03561 030276598 RENTAL LOW-INCOME HOUSING NH AHEAD RELATED -36493 1181335 1 1 0.99000 WOODSVILLE OPERA BLOCK LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 274445703 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -14 1895784 0 1 0.00010 MCKEE INN LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 274445578 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -11 22474 0 1 0.00010 LITTLETON TOWN & COUNTRY LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 263725601 RENTAL LOW-INCOME HOUSING NH UGHC RELATED -19 241547 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 -52 307620 0 1 0.00010 COMMUNITY LIVING AT LLOYD'S HILLS LIMITED PARTNERSHIP 262 COTTAGE STREET LITTLETON NH 03561 472022104 RENTAL LOW-INCOME HOUSING NH AHEAD RELATED 248974 0 1 0.99000 UPPER GRAFTON HOUSING CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 020494422 RENTAL LOW-INCOME HOUSING NH AHEAD C -72261 1.00000 0 NORTHERN HOUSING DEVELOPMENT CORPORATION 262 COTTAGE STREET LITTLETON NH 03561 030275342 RENTAL LOW-INCOME HOUSING NH AHEAD C -33661 -18547 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 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 LISBON RENEWAL LIMITED PARTNERSHIP A 2023 ACTUAL AMOUNT BEATTIE HOUSE INC L 68517 ACTUAL AMOUNT NORTHERN LIGHTS HOUSING CORPORATION L 220169 ACTUAL AMOUNT LISBON INN COMPANY L 58969 ACTUAL AMOUNT MCKEE INN LIMITED PARTNERSHIP L 144334 ACTUAL AMOUNT WOODSVILLE OPERA BLOCK LIMITED PARTNERSHIP L 136295 ACTUAL AMOUNT SENIOR LIVING AT NOTRE DAME LIMITED PARTNERSHIP L 224000 ACTUAL AMOUNT SENIOR LIVING AT NOTRE DAME LIMITED PARTNERSHIP D 50000 PROMISSORY NOTE COMMUNITY LIVING AT LLOYD'S HILLS LIMITED PARTNERSHIP D 69328 PROMISSORY NOTE