STRATEGY STUDIO / PUBLIC DATA EXPLORER

ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION (EIN 23-7168031)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-02-13
IRS object ID
201420449349301552
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-02-13T11:53:33-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN042685667EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MEYERS BROTHERS KALICKA PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1330 WHITNEY AVE SUITE 800AddressLine1
CityHOLYOKECity
StateMAState
ZIP Code01040ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237168031EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1OLDE HOLYOKE DEVELOPMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlOLDENameControl
Phone4135337101Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line170 LYMAN STREETAddressLine1
CityHOLYOKECity
StateMAState
ZIP Code01040ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL MORIARTYName
TitlePRESIDENTTitle
Phone4135337101Phone
Date Signed2014-02-10DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameHOWARD L CHENEYName
PTINP00381206PTIN
Phone4135368510Phone
Date Prepared2014-02-10DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMICHAEL MORIARTYNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line170 LYMAN STREETAddressLine1
CityHOLYOKECity
StateMAState
ZIP Code01040ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1376357GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1972YearFormation
State Legal DomicileMAStateLegalDomicile
Activity Or Mission DescriptionTO HELP DEVELOP LOW AND MODERATE INCOME HOUSING AND ASSIST THE EXPANSION OF BUSINESS IN HOLYOKE, MA.ActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members5NbrIndependentVotingMembers
Total Nbr Employees6TotalNbrEmployees
Total Nbr Volunteers5TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year475017ContributionsGrantsPriorYear
Contributions Grants Current Year139335ContributionsGrantsCurrentYear
Program Service Revenue Prior Year1280239ProgramServiceRevenuePriorYear
Program Service Revenue CY1220614ProgramServiceRevenueCY
Investment Income Prior Year34338InvestmentIncomePriorYear
Investment Income Current Year16408InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1789594TotalRevenuePriorYear
Total Revenue Current Year1376357TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year175558GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY101240GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year393066SalariesEtcPriorYear
Salaries Etc Current Year411323SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year1121845OtherExpensePriorYear
Other Expenses Current Year1744440OtherExpensesCurrentYear
Total Expenses Prior Year1690469TotalExpensesPriorYear
Total Expenses Current Year2257003TotalExpensesCurrentYear
Revenues Less Expenses Prior Year99125RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-880646RevenuesLessExpensesCY
Total Assets BOY6198654TotalAssetsBOY
Total Assets EOY5653170TotalAssetsEOY
Total Liabilities BOY275657TotalLiabilitiesBOY
Total Liabilities EOY285819TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY5922997NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5367351NetAssetsOrFundBalancesEOY
Mission DescriptionTO FURTHER THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING, TO ASSIST IN THE EXPANSION OF LOCALLY-OWNED BUSINESS ENTERPRISES AND TO PROVIDE OTHER ASSISTANCE FOR THE IMPROVEMENT OF RESIDENTIAL AND BUSINESS PROPERTY IN HOLYOKE, MASSACHUSETTS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1377884Expense
Revenue1606345Revenue
DescriptionPROVIDED 237 RENTAL UNITS FOR RENT FOR LOW TO MODERATE INCOME INDIVIDUALS. APROXIMATELY 70 TENANTS RECEIVE SUBSIDIZED RENTAL ASSISTANCE FROM VARIOUS AGENCIES.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense101240Expense
Grants101240Grants
DescriptionNIP GRANT PROGRAM - TO ASSIST HOMEOWNERS WITH HOME IMPROVEMENT PROJECTS TO IMPROVE THE OVERALL QUALITY OF LIFE IN THE CITY OF HOLYOKE. HOMEOWNERS PAID $140,133 OF THEIR OWN FUNDS TOWARD QUALIFIED HOME IMPROVEMENTS. GRANT FUNDS OF $101,240 WERE EXPENDED ON QUALIFIED HOME IMPROVEMENTS IN ADDITION TO THE HOMEOWNER CONTRIBUTIONS. THIS PROGRAM RESULTED IN $241,373 IN HOME REPAIRS TO 36 HOMEOWNERS IN HOLYOKE, MA.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense565332Expense
Revenue-399864Revenue
DescriptionHOME INVESTMENT PARTNERSHIP PROGRAM - RECEIVED NO GRANT FUNDS FROM THE "HOME PROGRAM". THIS PROGRAM PROVIDED NEW AFFORDABLE HOUSING OWNERSHIP FOR LOW-INCOME PERSONS. ONE TWO-FAMILY DUPLEX HOME WAS CONSTRUCTED ALONG WITH ONE CONDO CONVERSION UNIT SOLD TO LOW-INCOME RESIDENTS OF THE CITY OF HOLYOKE FOR THIS FISCAL YEAR ENDED 6/30/13.Description
FieldValueIRS element (for citing)
Total Program Service Expense2044456TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling1CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org1TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109635NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees6NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members5NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture1InvestmentInJointVenture
Written Policy Or Procedure1WrittenPolicyOrProcedure
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1ANNA MARIE TEMKINBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4135337101TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line170 LYMAN STREETAddressLine1
CityHOLYOKECity
StateMAState
ZIP Code01040ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
RICHARD COURCHESNETHROUGH 61213
PRESIDENT & DIRECTOR35.0010.00XX871031763816008
REV JAMES AHERNMS THROUGH 61213
DIRECTOR1.000.00X000
WALTER NALESNIK
CLERK & DIRECTOR1.000.00X000
MAURICE N LACASSE
DIRECTOR1.00X000
RAYMOND P MURPHY JR
DIRECTOR1.00X000
DARYL D GEOFFREY
DIRECTOR1.00X000
MARC COURNOYER THROUGH 61213
DIRECTOR1.00X000
MICHAEL MORIARTY61213-PRESENT
PRESIDENT & DIRECTOR35.0010.00XX000
RYAN ROONEY61213-PRESENT
DIRECTOR1.00X000
WILLIAM EGAN61213-PRESENT
DIRECTOR1.00X000
ANNA MARIE TEMKIN
TREASURER35.0010.00X474101189114128
FieldValueIRS element (for citing)
Total Reportable Comp From Org134513TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs29529TotalReportableCompFrmRltdOrgs
Total Other Compensation30136TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
RIVERSIDE DEVELOPMENT CORPORATION
70 LYMAN STREETHOLYOKEMA01040PURCHASED SERVICES255440
COTE CONSTRUCTION
30 WOOD AVENUEEAST LONGMEADOWMA01028CONSTRUCTION181824
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
Government Grants139335GovernmentGrants
Total Contributions139335TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeExclusionExclusionAmount
RENTAL INCOME53111015711681571168
LOW-INCOME HOUSING MGT5311103415234152
LAUNDRY TOKENS53111014133$14,133
INSPECTION FEES53111010251025
HOME PROGRAM SALES531390-399864-399864
FieldValueIRS element (for citing)
Total Program Service Revenue1220614TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column16408TotalRevenueColumn
Exclusion$16,408ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1376357TotalRevenueColumn
Related Or Exempt Function Income1206481RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$30,541ExclusionAmount
FieldValueIRS element (for citing)
Info In Schedule O Part IXXInfoInScheduleOPartIX

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total101240Total
Program Services101240ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total147778Total
Program Services36944ProgramServices
Management And General110834ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total171233Total
Program Services171233ProgramServices

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total15699Total
Program Services8312ProgramServices
Management And General7387ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total51844Total
Program Services28829ProgramServices
Management And General23015ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total24769Total
Program Services12385ProgramServices
Management And General12384ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total6421Total
Management And General6421ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total24950Total
Management And General24950ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total741Total
Program Services741ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total268Total
Program Services268ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total14770Total
Program Services9896ProgramServices
Management And General4874ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total46773Total
Program Services39597ProgramServices
Management And General7176ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total14028Total
Program Services10521ProgramServices
Management And General3507ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total1047Total
Program Services1047ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total314887Total
Program Services312345ProgramServices
Management And General2542ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total13262Total
Program Services10477ProgramServices
Management And General2785ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
RENTAL EXPENSE-PURCHASE255440255440
OFFICE OF COMMUNITY DEV225000225000
RENTAL EXPENSE-MAINTENA216320216320
RENTAL EXPENSE-WATER &202272202272

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total408261Total
Program Services401589ProgramServices
Management And General6672ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2257003Total
Program Services2044456ProgramServices
Management And General212547ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY308720BOY
EOY320359EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1602869BOY
EOY1212713EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY39329BOY
EOY39098EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY532724BOY
EOY511822EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY34775BOY
EOY44915EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis9257813LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec5932431LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY3289627BOY
EOY3325382EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY23966BOY
EOY23966EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY366644BOY
EOY174915EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6198654BOY
EOY5653170EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY74506BOY
EOY76776EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY141654BOY
EOY166833EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY59497BOY
EOY42210EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY275657BOY
EOY285819EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2702669BOY
EOY2614897EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY466704BOY
EOY468009EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY2753624BOY
EOY2284445EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5922997BOY
EOY5367351EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6198654BOY
EOY5653170EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-880646ReconcilationRevenueExpenses
Reconcilation Other Changes325000ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years913301CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years671931CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years465860CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year475017CurrentTaxYearMinus1Year
Current Tax Year139335CurrentTaxYear
Total2665444Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years913301CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years671931CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years465860CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year475017CurrentTaxYearMinus1Year
Current Tax Year139335CurrentTaxYear
Total2665444Total
FieldValueIRS element (for citing)
Public Support Total1702665444PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years66653CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years58324CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years54318CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year34338CurrentTaxYearMinus1Year
Current Tax Year16408CurrentTaxYear
Total230041Total
FieldValueIRS element (for citing)
Total Support2895485TotalSupport
Gross Receipts From Admissions Etc5660587GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.92060PublicSupportPertcentage170
Public Support Pertcent Prior Year0.90660PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtc
Included On FS1IncludedOnFS
Explanation In Part XIIIXExplanationInPartXIII

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis119045OtherCostOrOtherBasis
Book Value119045BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis8680011OtherCostOrOtherBasis
Depreciation5657420Depreciation
Book Value3022591BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis414842OtherCostOrOtherBasis
Depreciation231096Depreciation
Book Value183746BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis43915OtherCostOrOtherBasis
Depreciation43915Depreciation
Book Value0BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings3325382TotalOfBookValueLandBuildings
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt1703357TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal1703357RevenueSubtotal
Other Revenues Not Included-327000OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-327000RevenueNotRptdOnFinStmt
Total Revenue Per Form9901376357TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2259003TotExpensesEtcAuditedFinclStmt
Other Expenses Included2000OtherExpensesIncluded
Expenses Not Rptd F9902000ExpensesNotRptdF990
Expenses Subtotal2257003ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902257003TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART IV, LINE 2B:THE ORGANIZATION HOLDS REFUNDABLE TENANT SECURITY DEPOSITS.
PART X, LINE 2:A TAX POSITION IS DEEMED TO INCLUDE SUCH THINGS AS THE ORGANIZATIONS TAX EXEMPT STATUS, UNRELATED BUSINESS INCOME AND THE METHODOLOGIES FOR ALLOCATING EXPENSES TO UNRELATED BUSINESS INCOME STREAMS. MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE ORGANIZATIONS TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2010.DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
REVERSAL OF LOSS RESERVES FOR PROPERTY SOLD -327,000.PART XI, LINE 4B - OTHER ADJUSTMENTS:
PROVISION FOR LOSS ON FUTURE SALE OF DUPLEX 2,000.PART XII, LINE 2D - OTHER ADJUSTMENTS:

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

FieldValueIRS element (for citing)
Purpose Of GrantTHE ORGANIZATION MONITORS THE USE OF ITS GRANT ASSISTANCE BY CONDUCTING INSPECTIONS OF ALL OF THE PROPERTIES FOR WHICH IT DISBURSES GRANT FUNDS IN ORDER TO VERIFY THAT THE WORK WAS DONE ACCORDING TO THE CONTRACTS.PurposeOfGrant

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantGRANTS TO LOW INCOME HOMEOWNERS FOR HOME REPAIRSTypeOfGrant
Number Of Recipients35NumberOfRecipients
Amount Of Cash Grant101240AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: INCOME ELIGIBILITY INFORMATION IS OBTAINED FROM EACH APPLICANT TO DETERMINE AMOUNT OF GRANT AVAILABLE TO EACH APPLICANT. THE GRANTS ARE FOR HOME IMPROVEMENTS MADE UNDER THE NEIGHBORHOOD IMPROVEMENT PROGAM. THE ORGANIZATION INSPECTS THE HOME IMPROVEMENT BEFORE THE GRANT IS DISBURSED TO THE GRANTEE.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1RIVERSIDE DEVELOPMENT INCBusinessNameLine1
FieldValueIRS element (for citing)
Relationship501(C)(4) ORGANIZATION MORE THAN 35% CONTROLLED BY THIS BOARDRelationship
Amount Of Transaction255440AmountOfTransaction
Description Of TransactionPURCHASED SERVICES FROM RIVERSIDE DEVELOPMENT INCDescriptionOfTransaction
Sharing Of Revenues0SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 WILL BE REVIEWED BY THE TREASURER AND PRESIDENT AND A COPY WILL BE PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, LINE 15: THE ORGANIZATION HAS HAD VERY LITTLE TURNOVER IN ITS TOP MANAGEMENT POSITIONS IN OVER 10 YEARS. THEY USE HOLYOKE HOUSING AUTHORITY'S RATES FOR RAISES.
FORM 990, PART VI, SECTION C, LINE 18THESE FORMS ARE AVAILABLE AT THE ORGANIZATION UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST
FORM 990, PART IX, LINE 24ERENTAL EXPENSE-REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 129,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 129,359. RENTAL EXPENSE-INSURANCE: PROGRAM SERVICE EXPENSES 107,187. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,187. RENTAL EXPENSE-UTILITIES: PROGRAM SERVICE EXPENSES 51,324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,324. RENTAL EXPENSE-EXTERMINATING: PROGRAM SERVICE EXPENSES 38,909. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,909. RENTAL EXPENSE-BAD DEBTS: PROGRAM SERVICE EXPENSES 26,093. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,093. RENTAL EXPENSE-SNOW REMOVAL: PROGRAM SERVICE EXPENSES 16,032. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,032. TELEPHONE: PROGRAM SERVICE EXPENSES 5,742. MANAGEMENT AND GENERAL EXPENSES 1,715. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,457. RENTAL EXPENSE-CALL TIME: PROGRAM SERVICE EXPENSES 5,420. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,420. RENTAL EXPENSE-CONSULTANTS: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. RENTAL EXPENSE-INTEREST: PROGRAM SERVICE EXPENSES 3,908. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,908. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 655. MANAGEMENT AND GENERAL EXPENSES 3,196. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,851. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 3,028. MANAGEMENT AND GENERAL EXPENSES 757. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,785. RENTAL EXPENSE-LAUNDRY TOKENS: PROGRAM SERVICE EXPENSES 3,564. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,564. RENTAL EXPENSE-CREDIT CHECKS: PROGRAM SERVICE EXPENSES 2,480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,480. RENTAL EXPENSE-PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 2,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,375. POSTAGE: PROGRAM SERVICE EXPENSES 1,463. MANAGEMENT AND GENERAL EXPENSES 389. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,852. TAXES - OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 515. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 515. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100. RENTAL EXPENSE-AMORTIZATION: PROGRAM SERVICE EXPENSES 50. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50.ALL OTHER FUNCTIONAL EXPENSES
FORM 990, PART XI, LINE 9:PROVISION FOR LOSS ON HOUSING UNITS UP FOR SALE -2,000. PRIOR LOSS RESERVES REVERSED ON SALE 327,000.CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XII, 2CTHERE ARE NO CHANGES DURING THIS TAX YEAR.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionControlled OrgControlledOrgPublic Charity StatusPublicCharityStatus
RIVERSIDE DEVELOPMENT INC
70 LYMAN STREETHOLYOKEMA01040237320953PURCHASED SERVICESMA501(C)40
ELMS INC
70 LYMAN STREETHOLYOKEMA01040222475565LOW-INCOME HOUSINGMA501(C)30509(A)2
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org1LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs1PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1RIVERSIDE DEVELOPMENT- PURCHASED SERVICESBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeMTransactionType
Amount Involved255440AmountInvolved