VALLEY AFFORDABLE HOUSING CORP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- VALLEY AFFORDABLE HOUSING CORP (EIN 05-0489479)
- Tax period
- 2011-04-01 to 2012-03-31
- Filed
- 2012-08-01
- IRS object ID
- 201212149349300001
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-01T07:07:11-04:00 | Timestamp |
| Tax Period End Date | 2012-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Damiano Burk & Nuttall pc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 Blackstone Valley Pl Ste 109 | AddressLine1 |
| City | Lincoln | City |
| State | RI | State |
| ZIP Code | 02865 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050489479 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALLEY AFFORDABLE HOUSING CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VALL | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 895 MENDON ROAD | AddressLine1 |
| City | Cumberland | City |
| State | RI | State |
| ZIP Code | 02864 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER BOUCHARD | Name |
| Title | EXECUTIVE DIREC | Title |
| Phone | 4013342802 | Phone |
| Date Signed | 2012-07-30 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kevin Burk | Name |
| Phone | 4013332880 | Phone |
| Date Prepared | 2012-07-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Peter Bouchard | NameOfPrincipalOfficerPerson |
| Gross Receipts | 1351649 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.valleyaffordable.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1995 | YearFormation |
| State Legal Domicile | RI | StateLegalDomicile |
| Activity Or Mission Description | Affordable housing rentdevelopment | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 20 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 56435 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12315 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1108929 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1234608 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -24 | InvestmentIncomePriorYear |
| Investment Income Current Year | -50 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 25309 | OtherRevenuePriorYear |
| Other Revenue Current Year | 27076 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1190649 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1273949 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 56435 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1051052 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1046931 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 206489 | OtherExpensePriorYear |
| Other Expenses Current Year | 191408 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1313976 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1238339 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -123327 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 35610 | RevenuesLessExpensesCY |
| Total Assets BOY | 2292826 | TotalAssetsBOY |
| Total Assets EOY | 5661488 | TotalAssetsEOY |
| Total Liabilities BOY | 743596 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4076648 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1549230 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1584840 | NetAssetsOrFundBalancesEOY |
| Mission Description | Affordable housing rentdevelopment | MissionDescription |
| Expense | 1238339 | Expense |
| Revenue | 1273949 | Revenue |
| Description | 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 | Description |
| Total Program Service Expense | 1238339 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 20 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | false | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Peter Bouchard | NamePerson |
| Telephone Number | 4013342802 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 895 MENDON ROAD | AddressLine1 |
| City | Cumberland | City |
| State | RI | State |
| ZIP Code | 02864 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ESTHER LAVALLEE | ||||||||
| 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 | 0.50 | 0 | 0 | 0 | X | |||
| JOSEPH LAMAGNA | ||||||||
| CHAIRMAN | 1.00 | 0 | 0 | 0 | X | |||
| Peter Bouchard | ||||||||
| CEOSECRETARY | 40.00 | 101436 | 0 | 0 | X | X | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 101436 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 12315 | AllOtherContributions |
| Total Contributions | 12315 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| DEVEL FEE INCOME | 541610 | 197543 | 197543 |
| MANAGEMENT FEE INCOME | 541610 | 216618 | 216618 |
| RELATED PARTY REIMB | 541610 | 820447 | 820447 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1234608 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -50 | TotalRevenueColumn |
| Related Or Exempt Function Income | -50 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 104242 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 77700 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 26542 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26542 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26542 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONSULTING& MISC | Description |
| Business Code | 541610 | BusinessCode |
| Total Revenue Column | 534 | TotalRevenueColumn |
| Related Or Exempt Function Income | 534 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 534 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1273949 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1261634 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101436 | Total |
| Program Services | 101436 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 656973 | Total |
| Program Services | 656973 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 214564 | Total |
| Program Services | 214564 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73958 | Total |
| Program Services | 73958 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1625 | Total |
| Program Services | 1625 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37360 | Total |
| Program Services | 37360 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 831 | Total |
| Program Services | 831 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24764 | Total |
| Program Services | 24764 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26834 | Total |
| Program Services | 26834 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12524 | Total |
| Program Services | 12524 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2117 | Total |
| Program Services | 2117 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35414 | Total |
| Program Services | 35414 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24267 | Total |
| Program Services | 24267 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| MISC DEVELOPMENT COSTS | 8395 | 8395 |
| TELEPHONE | 8046 | 8046 |
| MISCELLANEOUS EXPENSES | 1928 | 1928 |
| PAYROLL SERVICE FEES | 7303 | 7303 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1238339 | Total |
| Program Services | 1238339 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 333914 | BOY |
| EOY | 38392 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 708074 | BOY |
| EOY | 591010 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 518859 | BOY |
| EOY | 558747 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28013 | BOY |
| EOY | 15404 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4785276 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 445606 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 585397 | BOY |
| EOY | 4339670 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113090 | BOY |
| EOY | 113015 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5479 | BOY |
| EOY | 5250 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2292826 | BOY |
| EOY | 5661488 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29200 | BOY |
| EOY | 98612 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 313807 | BOY |
| EOY | 3732651 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400589 | BOY |
| EOY | 245385 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 743596 | BOY |
| EOY | 4076648 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1549230 | BOY |
| EOY | 1584840 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1549230 | BOY |
| EOY | 1584840 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2292826 | BOY |
| EOY | 5661488 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 35610 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 80063 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 56435 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12315 | CurrentTaxYear |
| Total | 148813 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1225442 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1517897 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1288420 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1134238 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1234608 | CurrentTaxYear |
| Total | 6400605 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1225442 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1517897 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1368483 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1190673 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1246923 | CurrentTaxYear |
| Total | 6549418 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 6549418 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 79 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 113 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4 | CurrentTaxYearMinus2Years |
| Total | 196 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 79 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 113 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4 | CurrentTaxYearMinus2Years |
| Total | 196 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1225521 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1518010 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1368487 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1190673 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1246923 | CurrentTaxYear |
| Total | 6549614 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 1.00000 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 1.00000 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1145726 | OtherCostOrOtherBasis |
| Book Value | 1145726 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3472287 | OtherCostOrOtherBasis |
| Depreciation | 329500 | Depreciation |
| Book Value | 3142787 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49741 | OtherCostOrOtherBasis |
| Depreciation | 45224 | Depreciation |
| Book Value | 4517 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 117522 | OtherCostOrOtherBasis |
| Depreciation | 70882 | Depreciation |
| Book Value | 46640 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4339670 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Investments in limited ps | Description |
| Book Value | 113015 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 113015 | TotalOfBookValueSecurities |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | REFINANCING COSTSNET | Description |
| Book Value | 5250 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 5250 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Deferred develfee | $231,100 |
| Security deposits | $14,285 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 245385 | TotalOfAmounts |
| Total Revenue | 1273949 | TotalRevenue |
| Total Expenses | 1238339 | TotalExpenses |
| Excess Or Deficit For Year | 35610 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 35610 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1273949 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 1273949 | RevenueSubtotal |
| Total Revenue Per Form990 | 1273949 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1238339 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 1238339 | ExpensesSubtotal |
| Total Expenses Per Form990 | 1238339 | TotalExpensesPerForm990 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| 01. Governing body meeting documentation (Part VI, line 8a) | THE ORGANIZATION DOES NOT HAVE OFFICIAL MINUTES HOWEVER AN AGENDA IS PREPARED AND NOTES ARE MAINTAINED |
| 02. Committee meeting documentation (Part VI, line 8b) | THERE ARE NO SPECIAL COMMITTEES IN THE BOARD |
| 03. Form 990 governing body review (Part VI, line 11) | The governing body reviews the pay structure of all employees on an annual basis and informs the executive director as to their decisions and instructs him to implement them |
| 04. Conflict of interest policy compliance (Part VI, line 12c) | The board of direct conducts a review of all existing contracts on an annual basis to determine whether there is a conflict of interest Throughout the year prior to a new contract being signed the board is contacted to make sure there is no conflict |
| 05. CEO, executive director, top management comp (Part VI, line 15a) | The board meets on an annual basis and determines the salary of the executive director |
| 06. Other officer or key employee compensation (Part VI, line 15b | No other employees are considered to be officers or key employees |
| 07. Governing documents, etc, available to public (Part VI, line 19) | Tax returns and financial statements are made available to the public upon request Tax returns appear on guidestar |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|
| CHURCH STREET ESTATES CORP | ||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 432077078 | ELDERLY HOUSING | RI | 501C3 | VAHC |
| HANCOCK ESTATES CORP | ||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 050508939 | ELDERLY HOUSING | RI | 501C3 | VAHC |
| JENCKS MILL HOUSING CORP | ||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 061477231 | ELDERLY HOUSING | RI | 501C3 | VAHC |
| MANVILLE HILL HOUSING CORP | ||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 261995944 | ELDERLY HOUSING | RI | 501C3 | VAHC |
Form990 Schedule R Part III Form990ScheduleRPartIII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|---|
| MAIN STREET PHASE III LP | ||||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 050502353 | LOW INC HOUSING | RI | MAIN ST PHASEIII DEVEL CORP | 3 - investment | false | true |
| FACTORY STREET LP | ||||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 050520640 | LOW INCOME HOUSING | RI | FACTORY ST DEVEL CORP | 3 - investment | false | true |
| LINCOLN VILLAGE LP | ||||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 412130331 | LOW INCOME HOUSING | RI | LINCOLN VILLAGE DEVEL CORP | 3 - investment | false | true |
| WOODWARD STREET LP | ||||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 134213339 | LOW INCOME HOUSING | RI | WOODWARD ST DEVEL CORP | 3 - investment | false | true |
| RIVERSIDE VILLAGE LP | ||||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 204684519 | LOW INCOME HOUSING | RI | RIVERSIDE VILLAGE DEVL COR | 3 - investment | false | true |
| BEACON STREET LP | ||||||||||
| 895 MENDON ROAD | Cumberland | RI | 02864 | 260539952 | LOW INCOME HOUSING | RI | BEACON STREET DEVEL CORP | 3 - Investment | false | true |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINSLOW HOUSING CORP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 895 MENDON ROAD | AddressLine1 |
| City | Cumberland | City |
| State | RI | State |
| ZIP Code | 02864 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205984006 | EIN |
| Primary Activity | AFFORDABLE HOUSING DEVELOPMENT | PrimaryActivity |
| Legal Domicile State | RI | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAHC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C Corp | TypeOfEntity |
| Percentage Ownership | 1.0000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (20 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| CHURCH STREET ESTATES CORP | ||
| k | 2529 | cost |
| CHURCH STREET ESTATES CORP | ||
| n | 14420 | cost |
| JENKS MILL HOUSING CORP | ||
| k | 32329 | cost |
| JENKS MILL HOUSING CORP | ||
| n | 71937 | cost |
| HANCOCK ESTATES CORP | ||
| k | 22444 | cost |
| HANCOCK ESTATES CORP | ||
| n | 100109 | cost |
| FACTORY STREET LP | ||
| k | 14995 | cost |
| FACTORY STREET LP | ||
| a | 16140 | cost |
| FACTORY STREET LP | ||
| n | 85670 | cost |
| MAIN STREET PHASE III LP | ||
| k | 19559 | cost |
| MAIN STREET PHASE III LP | ||
| n | 85645 | cost |
| MAIN STREET PHASE III LP | ||
| a | 16140 | cost |
| WOODWARD STREET LP | ||
| k | 23395 | cost |
| WOODWARD STREET LP | ||
| n | 82249 | cost |
| WOODWARD STREET LP | ||
| a | 15144 | cost |
| LINCOLN VILLAGE LP | ||
| k | 13206 | cost |
| LINCOLN VILLAGE LP | ||
| n | 74187 | cost |
| LINCOLN VILLAGE LP | ||
| a | 13620 | cost |
| RIVERSIDE VILLAGE LP | ||
| k | 54848 | cost |
| RIVERSIDE VILLAGE LP | ||
| n | 126748 | cost |