2014-03-25T11:25:40-05:00 2013-06-30 111986323 MARCUM LLP 53 STATE STREET FLOOR 38 BOSTON MA 02109 990 2012-07-01 200848276 ST FRANCIS OF ASSISI RESIDENCES AT BRAINTREE III INC STFR 7818488383 49 INDEPENDENCE AVENUE BRAINTREE MA 02184 KATHLEEN BARKER 7818488383 2014-02-22 1 MICHAEL J TAYLOR P00789336 6177429666 2012 2015-11-30 17:44:51Z INDEPENDENCE MANOR # 3 KATHLEEN BARKER 49 INDEPENDENCE AVENUE BRAINTREE MA 02184 176661 0 X N/A X 2004 MA TO PROVIDE SUBSIDIZED HOUSING TO LOW AND MODERATE INCOME ELDERLY AND DISABLED. THE ORGANIZATION PROVIDES A SAFE, SANITARY, AFFORDABLE HOUSING COMPLEX WITH SUPPORTIVE SERVICES AND MEAL PLAN TO ASSIST ELDERS. THE PROGRAM ALSO OFFERS RECREATIONAL AND NUTRITIONAL ACTIVITIES TO BENEFIT THE ELDERLY AND DISABLED RESIDENTS. 6 6 0 0 0 0 0 0 172275 176637 10 24 0 0 172285 176661 0 0 0 0 50472 66329 0 0 0 243506 245087 293978 311416 -121693 -134755 3522606 3406029 3864685 3849970 -342079 -443941 X TO PROVIDE SUBSIDIZED HOUSING TO LOW AND MODERATE INCOME ELDERLY AND DISABLED. THE ORGANIZATION PROVIDES A SAFE, SANITARY, AFFORDABLE HOUSING COMPLEX WITH SUPPORTIVE SERVICES AND MEAL PLAN TO ASSIST ELDERS. THE PROGRAM ALSO OFFERS RECREATIONAL AND NUTRITIONAL ACTIVITIES TO BENEFIT THE ELDERLY AND DISABLED RESIDENTS. 0 0 249931 176661 THE ORGANIZATION OWNS A SIXTEEN UNIT APARTMENT COMPLEX. THE CHARITABLE PURPOSE IS TO PROVIDE LOW AND MODERATE RENTAL HOUSING TO THE ELDERLY AND DISABLED.DURING THE FISCAL YEAR ENDED JUNE 30,2012,SIXTEEN INDIVIDUALS BENEFITTED FROM THE ORGANIZATION'S PROGRAMS 249931 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MA X X KATHLEEN BARKER 7818488383 49 INDEPENDENCE AVENUE BRAINTREE MA 02184 KATHLEEN BARKER 1.00 X X 9780 52149 0 ELIZABETH M CONNORS 1.00 X 0 0 0 JULIEANNE CLOUGHER 1.00 X 0 0 0 JOHN T CASSIDY 1.00 X 0 0 0 PAUL AGNEW 1.00 X 0 0 0 KATHLEEN WALDRON 1.00 X X 0 0 0 LINDA MULDOON 1.00 X X 0 0 0 NANCY NICOSIA 1.00 X 0 0 0 JEANNE HESSION 1.00 X 0 0 0 DARRIN MCAULIFFE 1.00 X 0 0 0 9780 52149 0 0 0 0 0 0 GROSS RENTS 531110 144000 144000 RESIDENT SERVICE INCOM 812900 31403 31403 LAUNDRY INCOME 812300 1234 1234 176637 24 24 176661 176637 0 24 7488 7488 51518 34555 16963 2316 2316 5007 5007 303 303 12400 12400 1774 1774 52839 52839 122981 122981 8260 8260 SUPPORT SERVICES 22860 22860 EXCISE TAX 16905 16905 AMORTIZATION 5448 5448 TELEPHONE 1266 1266 51 51 311416 249931 61485 0 58012 45611 2314 2333 3400043 366653 3155221 3033390 307059 324695 3522606 3406029 43252 7919 5891 6002 3791100 3791100 24442 44949 3864685 3849970 X -342079 -443941 -342079 -443941 3522606 3406029 -134755 32893 0 X 0 1 X 0 1 1 X 127736 145226 145234 418196 127736 145226 145234 418196 0 0 0 418196 43 24 9 10 24 110 43 24 9 10 24 110 43 24 127745 145236 145258 418306 0.99970 0.99960 0.00030 0.00040 X 0 0 30000 30000 3312869 344356 2968513 57174 22297 34877 3033390 ESCROW DEPOSITS 117161 TENANT DEPOSITS 6002 MORTGAGE ISSUANCE COSTS 201429 OTHER RECEIVABLE - HUD 13 OTHER RECEIVABLE - TENANT 90 324695 DUE TO RELATED PARTIES 44949 44949 X 176661 0 176661 0 176661 311416 0 311416 0 311416 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION RECEIVED ITS ACKNOWLEDGMENT OF TAX EXEMPT STATUS ON JANUARY 11, 2005. MANAGEMENT HAS CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF IT IS PROBABLE THAT AN UNCERTAIN TAX POSITION WILL RESULT IN A MATERIAL LIABILITY AND THE AMOUNT OF THE LIABILITY CAN BE ESTIMATED, THEN THE ESTIMATED LIABILITY IS ACCRUED. IF THE COMPANY WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS INCOME TAXES. THE OPEN TAX YEARS ARE YEARS ENDED JUNE 30, 2010 THROUGH 2012 FOR FEDERAL, STATE AND LOCAL JURISDICTIONS. GENERALLY, THE COMPANY'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND THE INFORMATION RETURNS FILED WITH MASSACHUSETTS, FOR THE YEARS ENDED PRIOR TO JUNE 30, 2010 ARE NO LONGER SUBJECT TO EXAMINATION BY THE U.S. OR STATE TAX AUTHORITIES. THE STATUTE OF LIMITATIONS REMAINS OPEN IN THESE JURISDICTIONS STARTING WITH THE YEAR ENDED JUNE 30, 2010. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOOK TO TAX DIFFERENCE DEPRECIATION ADJUSTMENT KATHLEEN BARKER DAUGHTER OF A MEMBER OF THE BOARD OF DIRECTORS 9606 WAGES 0 FORM 990, PART VI, SECTION A, LINE 2 KATHLEEN BARKER, THE PRESIDENT OF THE ORGANIZATION, IS THE DAUGHTER OF ELIZABETH CONNORS (A NON-VOTING BOARD OF DIRECTORS OF THE ORGANIZATION). FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF ALL INFORMATION RETURNS ARE SUBMITTED TO THE GOVERNING BODY OF THE ORGANIZATION FOR APPROVAL BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL CONFLICT OF INTEREST SITUATIONS ARE DISCUSSED AMONG THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE COMPANY FILES ITS FEDERAL FORM 990 OR 990EZ ANNUALLY TO THE IRS AND THE FORMS ARE AVAILABLE TO INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF ORGANIZATION AND BY-LAWS ARE AVAILABLE ON THE COMMONWEALTH OF MASSACHUSETTS WEBSITE. THE FEDERAL FORM 990 IS FILED ANNUALLY WITH THE INTERNAL REVENUE SERVICE, AND A COPY INCLUDED ALONG WITH A COPY OF THE AUDITED FINANCIAL STATEMENTS WITH THE PUBLIC CHARITIES FORMS WHEN FILED WITH THE STATE OF MASSACHUSETTS. BOTH RETURNS ARE AVAILABLE TO THE PUBLIC ONLINE OR BY MAKING A WRITTEN REQUEST TO THE APPROPRIATE AUTHORITY. ST FRANCIS OF ASSISI RESIDENCES AT BRAINTREE INC 41 INDEPENDENCE AVENUE BRAINTREE MA 02184 042589677 MANAGEMENT OF ADJACENT APARTMENT PROJECT SIMILIAR TO THIS ENTITY MA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 ST FRANCIS OF ASSISI RESIDENCES AT BRAINTREE IIINC 53 INDEPENDENCE AVENUE BRAINTREE MA 02184 042646737 MANAGEMENT OF ADJACENT APARTMENT PROJECT SIMILIAR TO THIS ENTITY MA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 ST FRANCIS OF ASSISI RESIDENCES AT BRAINTREE INC D ST FRANCIS OF ASSISI RESIDENCES AT BRAINTREE IIINC D