2014-07-02T05:54:21-05:00 2014-03-31 453085083 DAMIANO BURK & NUTTALL PC 6 BLACKSTONE VALLEY PL STE 109 LINCOLN RI 02865 990 2013-04-01 050489479 VALLEY AFFORDABLE HOUSING CORP VALL 4013342802 1029 MENDON ROAD CUMBERLAND RI 02864 PETER BOUCHARD EXEC DIRECTOR 4013342802 2014-06-30 1 KEVIN BURK P00161529 4013332880 2014-07-02 2013 2015-11-30 17:44:51Z PETER BOUCHARD 1029 MENDON ROAD CUMBERLAND RI 02864 2269680 0 X WWW.VALLEYAFFORDABLE.ORG X 1995 RI PROVIDE AFFORDABLE HOUSING THROUGH RENTAL AND/OR DEVELOPMENT. 9 9 0 0 0 0 0 0 1774377 2259345 1542 36 6371 10299 1782290 2269680 0 0 0 0 1224650 1367531 0 0 0 662820 706042 1887470 2073573 -105180 196107 5582145 5832013 4102485 4156246 1479660 1675767 PROVIDES SERVICES IN ORDER TO IMPROVE THE HOUSING STOCK, ASSIST INDIVIDUALS TO BECOME HOMEOWNERS, AND PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE INCOME PEOPLE WITH THE STATE OF RHODE ISLAND. 0 0 1887428 2269644 PROVIDES SERVICES IN ORDER TO IMPROVE THE HOUSING STOCK, ASSIST INDIVIDUALS TO BECOME HOMEOWNERS, AND PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE INCOME PEOPLE WITH THE STATE OF RHODE ISLAND. 1887428 1 0 0 0 0 0 0 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X PETER BOUCHARD 4013342802 1029 MENDON ROAD CUMBERLAND RI 02864 ESTHER LAVALEE DIRECTOR 0.50 X 0 0 0 EUGENE MCMAHON DIRECTOR 0.50 X 0 0 0 JOANNE BUTTIE DIRECTOR 0.50 X 0 0 0 JOHN MACQUEEN JR DIRECTOR 0.50 X 0 0 0 KENNETH ANDERSON DIRECTOR 0.50 X 0 0 0 RICHARD BESSETTE DIRECTOR 0.50 X 0 0 0 RICHARD HILTON DIRECTOR 0.50 X 0 0 0 EDWARD MULHOLLAND VICE CHAIRMAN 1.00 X 0 0 0 JOSEPH LAMAGNA CHAIRMAN 1.00 X 0 0 0 PETER BOUCHARD EXECUTIVE DIRECTOR 40.00 X 90539 0 0 90539 0 0 0 0 0 0 0 RELATED PARTY REIMB 541610 1065858 1065858 RENTAL INCOME 531110 592126 592126 MANAGEMENT FEE INCOME 541610 326580 326580 DEVEL FEE INCOME 541610 274781 274781 2259345 36 36 MISCELLANEOUS 541610 10373 10373 LOSS FROM PARTNERSHIPS 541610 -74 -74 10299 2269680 2269644 0 36 90539 90539 926955 926955 252253 234405 17848 97784 88332 9452 5310 5310 33104 33104 91 91 45842 22921 22921 9250 9250 32770 32770 24562 12281 12281 780 780 195733 195733 105695 105695 47374 47374 RENTAL EXPENSES 168562 168562 BAD DEBT EXPENSE 18228 18228 MISC DEVELOPMENT COSTS 9573 9573 PAYROLL SERVICE FEES 6416 6416 2752 2752 2073573 1887428 186145 0 63192 105607 521065 608596 543769 518594 10731 12407 5111858 642714 4325420 4469144 112948 112874 5020 4791 5582145 5832013 121975 322986 3726531 3675400 253979 157860 4102485 4156246 X 1479660 1675767 1479660 1675767 5582145 5832013 196107 0 X X 0 1 X 1 0 X 80063 56435 12315 148813 1288420 1134238 1234608 1774377 2259345 7690988 1368483 1190673 1246923 1774377 2259345 7839801 0 0 0 7839801 4 1542 36 1582 4 1542 36 1582 6371 10299 16670 1368487 1190673 1246923 1782290 2269680 7858053 0.99770 0.99890 0.00020 0.00020 X 1204882 1204882 3744225 514621 3229604 162751 128093 34658 4469144 DEFERRED DEVELOPER FEE 135431 SECURITY DEPOSITS 22429 157860 X 2269680 0 2269680 0 2269680 2073573 0 2073573 0 2073573 PART X, LINE 2: NONE FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS AVAILABLE FOR REVIEW BY THE GOVERNING BOARD UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY ADHERES TO THE CONFLICT OF INTEREST POLICY THAT IS IN PLACE. THIS POLICY IS REVIEWED PERIODICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. XII THE PROCESS HAS NOT CHANGED HANCOCK ESTATES CORP 1029 MENDON ROAD CUMBERLAND RI 02864 050508939 ELDERLY LOW INCOME HOUSING RI 501C ACTIVE 0 JENKS MILL HOUSING CORP 1029 MENDON ROAD CUMBERLAND RI 02864 061477231 ELDERLY LOW INCOME HOUSING RI 501C ACTIVE 0 MANVILLE HILL HOUSING CORP 1029MENDON ROAD CUMBERLAND RI 02864 261995944 ELDERLY LOW INCOME HOUSING RI 501C ACTIVE 0 WINSLOW HOUSING CORP 1029 MENDON ROAD CUMBERLAND RI 02864 205984006 AFFORDABLE HOUSING DEVELOPMENT RI 501C ACTIVE 0 MAIN STREET PHASE III LP 1029 MENDON ROAD CUMBERLAND RI 02864 LOW INCOME HOUSING RI MAIN STREET PHASE III DEVEL CORP RELATED 0 1 FACTORY STREET LP 1029 MENDON ROAD CUMBERLAND RI 02864 LOW INCOME HOUSING RI FACTORY STREET DEVEL CORP RELATED 0 1 LINCOLN VILLAGE LP 1029 MENDON ROAD CUMBERLAND RI 02864 LOW INCOME HOUSING RI LINCOLN VILLAGE DEVEL CORP RELATED 0 1 WOODWARD STREET LP 1029 MENDON ROAD CUMBERLAND RI 02864 LOW INCOME HOUSING RI WOODWARD ST DEVEL CORP RELATED 0 1 RIVERSIDE VILLAGE LP 1029 MENDON ROAD CUMBERLAND RI 02864 LOW INCOME HOUSING RI RIVERSIDE VILLAGE DEVEL CORP RELATED 0 1 BEACON STREET LP 1029 MENDON ROAD CUMBERLAND RI 02864 LOW INCOME HOUSING RI BEACON STREET DEVEL CORP RELATED 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 BEACON STREET LP L 27186 COST BEACON STREET LP O 78926 COST FACTORY STREET LP L 16648 COST FACTORY STREET LP O 78583 COST MAIN STREET III LP L 20469 COST MAIN STREET III LP O 78795 COST WOODWARD STREET LP L 25215 COST WOODWARD STREET LP O 81784 COST LINCOLN VILLAGE LP L 14046 COST LINCOLN VILLAGE LP O 70741 COST MANVILLE HOUSING CORP L 26279 COST MANVILLE HOUSING CORP O 69536 COST HANCOCK ESTATES CORP L 37319 COST HANCOCK ESTATES CORP O 108529 COST JENKS MILL HOUSING CORP L 39456 COST JENKS MILL HOUSING CORP O 81624 COST RIVERSIDE VILLAGE LP L 56367 COST RIVERSIDE VILLAGE LP O 138580 COST RIVERSIDE VILLAGE LP Q 3936 COST BEACON STREET LP Q 759 COST FACTORY STREET LP Q 13551 COST MAIN STREET III LP Q 13551 COST LINCOLN VILLAGE LP Q 11437 COST WOODWARD STREET LP Q 12705 COST