2014-11-14T15:19:13-06:00 2013-12-31 990 2013-01-01 223035152 MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CT INC MUTU 2033596940 63 STILLWATER AVENUE STAMFORD CT 06902 MARTEY RHINE INTERIM EXECUTIVE DIRECTOR 2033596940 2014-11-14 1 P00184514 8606786000 2013 2015-11-30 17:44:51Z MARTEY RHINE 63 STILLWATER AVE STAMFORD CT 06902 3621822 0 X WWW.MHASWCT.ORG/ X 1996 CT THE MISSION OF THE ASSOCIATION IS TO DEVELOP, FINANCE, OWN, LEASE AND MANAGE SAFE, QUALITY, PERMANENTLY AFFORDABLE HOUSING FOR LOW AND MODERATE-INCOME HOUSEHOLDS THROUGHOUT FAIRFIELD COUNTY, CONNECTICUT. MHA SEEKS TO CREATE A CONTINUUM OF HOUSING OPPORTUNITIES FOR ALL SECTORS OF THE COMMUNITY AND SERVE AS AN ONGOING PRODUCER OF AFFORDABLE HOUSING THROUGHOUT THE SOUTHWESTERN CONNECTICUT REGION TO MEET PRESENT AND FUTURE HOUSING NEEDS.BEYOND THE DEVELOPMENT OF HOUSING, MHA ENCOURAGES THE PRESERVATION AND GROWTH OF HEALTHY, STABLE AND DIVERSE NEIGHBORHOODS THROUGH THE EMPOWERMENT AND SELF-DETERMINATION OF RESIDENTS BY PROVIDING ONGOING TRAINING AND SUPPORT, AND COMMUNITY ORGANIZING THAT ENCOURAGES NEIGHBORHOOD RESIDENTS, BUSINESS OWNERS, GOVERNMENT, AND OTHER STAKEHOLDERS TO LIVE AND WORK TOGETHER IN PARTNERSHIP. 13 13 24 0 0 0 378451 434695 2965893 2663495 170219 -8778 0 0 3514563 3089412 0 0 0 0 1073704 1020789 0 0 20422 1942933 2269680 3016637 3290469 497926 -201057 20191218 19476130 7102580 6617049 13088638 12859081 TO CREATE AND SUSTAIN HOUSING, REVITALIZE NEIGHBORHOODS, AND ENHANCE THE QUALITY OF LIFE FOR LOW AND MODERATE INCOME RESIDENTS OF FAIRFIELD COUNTY. 0 0 1437395 1190195 EXPENSES RELATED TO THE OPERATION OF VARIOUS RESIDENTIAL COMPLEXES IN FAIRFIELD COUNTY, CT, WHICH PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES. THE PROJECTS INCLUDE PARKSIDE GABLES, FAIRFIELD COMMONS, CONGER HOUSE, AND MHA YALE STREET. 1485708 1309890 PREVENTION AND ELIMINATION OF NEIGHBORHOOD DETERIORATION BY SPONSORING, DEVELOPING, OWNING, AND/OR OPERATING QUALITY HOUSING FOR LOW AND MODERATE INCOME RESIDENTS IN FAIRFIELD COUNTY, CT 2923103 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 1 1 1 0 0 0 1 51 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X MARTEY RHINE 2036720226 63 STILLWATER AVENUE STAMFORD CT 06902 SYLVAN POMERANTZ DIRECTOR 2.00 X 0 0 0 MILAGROSA SEGUINOT DIRECTOR 2.00 X 0 0 0 ALICIA JOHNSON DIRECTOR 2.00 X 0 0 0 THERESA KORIN DIRECTOR 2.00 X 0 0 0 EURANIA ALICEA DIRECTOR 2.00 X 0 0 0 DESMOND CLIFFORD DIRECTOR 2.00 X 0 0 0 SAM MARCIANO DIRECTOR 2.00 X 0 0 0 MICHAEL WIEDERLIGHT DIRECTOR 2.00 X 0 0 0 TIMOTHY HODGES DIRECTOR 2.00 X 0 0 0 LISA FEINBERG VICE PRESIDENT 2.00 X 0 0 0 NATHANIEL YORDON TREASURER 2.00 X 0 0 0 STEPHANIE ROSS SECRETARY 2.00 X 0 0 0 NANCY HADLEY EXECUTIVE DIRECTOR 40.00 X 108071 0 28074 108071 0 28074 1 0 0 0 HAYNES CONSTRUCTION 32 PROGRESS STREET SEYMOUR CT 06483 CONSTRUCTION 4086597 A EMERSON CONSTRUCTION LLC 34 TASHUA ROAD TRUMBULL CT 06611 CONSTRUCTION 207195 JAMES EVANS 860 CANAL STREET STAMFORD CT 06902 ARCHITECT 204613 ANTHEM BLUE CROSS PO BOX 1168 NEWARK NJ 07101 HEALTH INSURANCE 157842 HOUSING DEVELOPMENT TEAM LLC 2505 MAIN STREET SUITE 201 BLDG 2 STRATFORD CT 06615 CONSULTING 124853 5 283810 150885 434695 RENTAL INCOME 531110 1190195 1190195 DEVELOPER FEES 531390 859374 859374 MANANGEMENT FEES 531310 327146 327146 FORGIVEABLE LOAN / GRANT 531390 169457 169457 OTHER MISC. REVENUE 532000 99753 99753 17570 17570 2663495 154632 154632 369000 532410 -163410 -163410 -163410 3089412 2500085 0 154632 136146 74880 40844 20422 884643 732012 152631 57132 57132 302885 253647 49238 88074 19339 68735 413397 396922 16475 16685 12514 4171 162917 162917 352718 352718 109954 102066 7888 LOAN LOSS RESERVE 349633 349633 REPAIRS AND MAINTENANCE 124786 124786 PROGRAM SERVICES 113573 113573 PROJECT COSTS 62988 62988 114938 107976 6962 3290469 2923103 346944 20422 571028 457119 727936 429179 41617 30579 193241 23202 999440 509599 42201 51472 14857193 5828218 9257714 9028975 42337 22920 8315704 8923085 20191218 19476130 452694 364848 3316473 2881276 3333413 3370925 7102580 6617049 X 8404160 8636533 4684478 4222548 13088638 12859081 20191218 19476130 X -201057 -28500 X X 0 1 X 1 1 1 X 1010981 742765 1003862 378451 434695 3570754 1010981 742765 1003862 378451 434695 3570754 3570754 25244 16646 378917 170219 154632 745658 4316412 11525006 0.82730 0.88490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 608495 608495 14021063 5601168 8419895 227635 227050 585 9028975 DEFERRED DEVELOPER FEES RECEIVABLE 1587253 CONSTRUCTION IN PROGRESS 1022855 NOTES RECEIVABLE 3844294 LOAN COSTS 17214 ACCRUED INTEREST RECEIVABLE 7100 DUE FROM AFFILIATE 692184 INVESTMENT IN LIMITED PARTNERSHIP 781216 MORTGAGES RECEIVABLE 970969 8923085 SECURITY DEPOSITS 62529 REFUNDABLE MEMBERSHIP FEES 369213 ACCRUED LIABILITIES 282858 LINE OF CREDIT 292544 INVESTMENT IN LIMITED PARTNERSHIP 1863781 OTHER NOTES PAYABLE 500000 3370925 X 3071842 0 3071842 17570 17570 3089412 3241245 0 3241245 49224 49224 3290469 PART X, LINE 2: MHA HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2013. MHA'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, MHA WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INTEREST EXPENSE IN THE CONSOLIDATED STATEMENT OF ACTIVITIES AND INCLUDE ACCRUED INTEREST AND PENALTIES IN ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. MHA DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS FOR THE YEAR ENDED DECEMBER 31, 2013. PART XI, LINE 4B - OTHER ADJUSTMENTS: ORDINARY INCOME FROM SPRUCE STREET 17,570. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT IN PARTNERSHIPS 49,224. FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS REVIEWED BY MANAGEMENT AND THE TREASURER PRIOR TO FILING. THE FINAL RETURN IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE DIRECTOR OF THE ASSOCIATION MONITORS ALL TRANSACTIONS FOR POTENTIAL CONFLICTS OF INTEREST THAT HAVE BEEN DISCLOSED BY BOARD MEMBERS AND DISCLOSES POTENTIAL ISSUES TO THE BOARD PRESIDENT IN ORDER TO RESOLVE POTENTIAL CONFLICTS. FOR EACH INTEREST DISCLOSED THE BOARD PRESIDENT WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO REFRAIN FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ASSOCIATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ASSOCIATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ASSOCIATION'S REMOVAL PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THESE INDIVIDUALS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE ORGANIZATION. NORMALLY, COMPARABILITY DATA FROM NEIGHBORWORKS AND OTHER NONPROFIT ORGANIZATIONS IS PROVIDED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE VOTES ON STAFF SALARIES AND MAKES A RECOMMENDATION OF A TOTAL STAFF SALARY FIGURE IN THE ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND TAX RETURNS CAN BE VIEWED ON THE GUIDESTAR WEBSITE. FORM 990, PART XI, LINE 9: TRANSFERS/CAPITAL FUNDING -28,500. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. MHA YALE STREET LLC 63 STILLWATER AVENUE STAMFORD CT 06901 830425341 REHABILITATE AND MANAGE PROPERTIES ON YALE STREET IN BRIDGEPORT CONNECTICUT CT 25020 398852 MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CT INC MHA CONGER HOUSE LLC 63 STILLWATER AVENUE STAMFORD CT 06901 342046509 OWN,REHABILITATE AND MANAGE 8 RESIDENTIAL UNITS & PROVIDE SUPPORTIVE HOUSING CT 169362 1511979 MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CT INC TRINITY PARK MUTUAL HOUSING ASSOCIATION INC 63 STILLWATER AVENUE STAMFORD CT 06901 061403846 GENERAL PARTNER OF TRINITY PARK MUTUAL HOUSING LIMITED PARTNERSHIP CT 501(C)(3) 170(B)(1)(A)(VI) N/A 0 MAPLEWOOD COURT MUTUAL HOUSING ASSOCIATION INC 63 STILLWATER AVENUE STAMFORD CT 06901 061483608 GENERAL PARTNER OF MAPLEWOOD SCHOOL APARTMENTS LIMITED PARTNERSHIP CT 501(C)(3) 170(B)(1)(A)(VI) N/A 0 YALE STREET MUTUAL HOUSING INC 63 STILLWATER AVENUE STAMFORD CT 06901 061466506 GENERAL PARTNER OF YALE STREET LIMITED PARTNERSHIP CT 501(C)(3) 170(B)(1)(A)(VI) N/A 0 GREENFIELD COMMONS INC 63 STILLWATER AVENUE STAMFORD CT 06901 371530477 PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH HOUSING FACILITIES CT 501(C)(3) 170(B)(1)(A)(VI) N/A 0 WILTON COMMONS GP INC 63 STILLWATER AVENUE STAMFORD CT 06901 452797586 GENERAL PARTNER OF WILTON COMMONS APARTMENTS LIMITED PARTNERSHIP CT 501(C)(3) 170(B)(1)(A)(VI) N/A 0 MHA MERTON HOUSE LLC 63 STILLWATER AVENUE STAMFORD CT 06902 010864466 TO DEVELOP AND OPERATE 22 RESIDENTIAL UNITS FOR LOW INCOME FAMILIES CT 501(C)(3) 170(B)(1)(A)(VI) N/A 0 SPRUCE STREET TOWNHOMES LLC 63 STILLWATER AVENUE STAMFORD CT 06901 522405787 DEVELOP AFFORDABLE TOWNHOME CONDOMINIUMS IN STAMFORD CONNECTICUT CT N/A RELATED 17570 0 0 YALE STREET LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 061468585 QUALIFIED LOW-INCOME HOUSING PROJECT CONSISTING OF 44 UNITS CT YALE STREET MUTUAL HOUSING INC RELATED -120 1185521 0 1 WOODWARD CLIFFS LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 061448620 QUALIFIED LOW-INCOME HOUSING PROJECT CONSISTING OF 6 UNITS CT WOODWARD DEVELOPMENT CORPORATION CO MHA OF SW CT RELATED -7194 296518 0 1 HUNTINGTON SENIOR HOUSING LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 550815684 QUALIFIED LOW-INCOME HOUSING PROJECT CONSISTING OF 33 UNITS CT MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CT LLC RELATED -26 711410 0 1 TRINITY PARK MUTUAL HOUSING ASSOCIATION LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 061439551 QUALIFIED LOW-INCOME HOUSING PROJECT CONSISTING OF 48 UNITS CT TRINITY PARK MUTUAL HOUSING ASSOCIATION INC RELATED 7487 2640876 0 1 MAPLEWOOD SCHOOLS APARTMENTS LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 061413288 QUALIFIED LOW-INCOME HOUSING PROJECT CONSISTING OF 32 UNITS CT MAPLEWOOD COURT MUTUAL HOUSING ASSOCIATION INC RELATED -2033 1098258 0 1 WILTON COMMONS APARTMENTS LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 273928884 QUALIFIED LOW-INCOME HOUSING PROJECT CT WILTON COMMONS GP INC RELATED -28 3091151 0 1 FRIENDSHIP HOUSE APARTMENTS LIMITED PARTNERSHIP 63 STILLWATER AVENUE STAMFORD CT 06901 200344184 QUALIFIED LOW-INCOME HOUSING PROJECT CONSISTING OF 121 UNITS CT NNIMHA FRIENDSHIP HOUSE INC RELATED -27 866892 0 1 MHA WOODWARD CLIFFS LLC 63 STILLWATER AVENUE STAMFORD CT 06901 452853241 QUALIFIED LOW-INCOME HOUSING PROJECT CT MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CT LLC RELATED -3632 -39243 0 1 WOODWARD DEVELOPMENT CORPORATION 63 STILLWATER AVENUE STAMFORD CT 06901 061448550 GENERAL PARTNER OF WOODWARD CLIFFS LIMITED PARTNERSHIP CT N/A C 109775 0.50000 0 NNIMHA FRIENDSHIP HOUSE INC 63 STILLWATER AVENUE STAMFORD CT 06901 760734145 GENERAL PARTNER OF FRIENDSHIP HOUSE APARTMENTS LIMITED PARTNERSHIP CT N/A C 0.50000 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 HUNTINGTON SENIOR HOUSING LIMITED PARTNERSHIP D 319279 YALE STREET MUTUAL HOUSING LIMITED PARTNERSHIP D 56891 MAPLEWOOD SCHOOL APARTMENTS LIMITED PARTNERSHIP D 104904 WOODWARD CLIFFS LIMITED PARTNERSHIP D 50296 WILTON COMMONS APARTMENTS LIMITED PARTNERSHIP D 362970 FRIENDSHIP HOUSE APARTEMENTS LIMITED PARTNERSHIP D 77490 HUNTINGTON SENIOR HOUSING LIMITED PARTNERSHIP L 112581 YALE STREET MUTUAL HOUSING LIMITED PARTNERSHIP L 79254 MAPLEWOOD SCHOOL APARTMENTS LIMITED PARTNERSHIP L 57602 FRIENDSHIP HOUSE APARTEMENTS LIMITED PARTNERSHIP L 312381 WOODWARD CLIFFS LIMITED PARTNERSHIP L 8233 WILTON COMMONS APARTMENTS LIMITED PARTNERSHIP L 89904