2012-05-11T12:29:43-05:00 2011-12-31 201260740 STOLBERG EBBELING & BLANCHETTE LLP 41 ELM STREET WORCESTER MA 016092573 990 2011-01-01 042943796 GODDARDHOMESTEAD INC GODD 5087534890 1199 MAIN STREET WORCESTER MA 01603 MARGARET P NAYLOR 5087534890 2012-05-03 1 JOSEPH N STOLBERG CPA P00292408 5083633000 2012-05-03 2011 2016-02-24 21:20:13Z MARGARET P NAYLOR 1199 MAIN STREET WORCESTER MA 01603 1843575 0 X WWW.GODDARDHOMESTEAD.ORG X 1987 MA TO PROVIDE HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 19 19 44 0 0 0 26112 52627 1582155 1440345 122109 71500 17450 16800 1747826 1581272 0 0 0 0 822425 828620 0 0 0 1066237 1048499 1888662 1877119 -140836 -295847 5464695 5050291 117917 78642 5346778 4971649 TO PROVIDE HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 0 0 1353623 1461847 PROVIDING HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 1353623 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 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 0 1 0 0 0 0 1 4 0 44 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 1 1 0 MA X MARGARET P NAYLOR 5087534890 1199 MAIN STREET WORCESTER MA 01603 CHRISTOPHER G MEHNE 2.00 X X 0 0 0 RICHARD V KESSELI 2.00 X X 0 0 0 PAUL J BRANEY 2.00 X X 0 0 0 MARCIA A PRIESTLEY 2.00 X X 0 0 0 DAVID C BUCKLEY 2.00 X 0 0 0 ERIC M DUNPHY 2.00 X 0 0 0 HELEN D FIFIELD 2.00 X 0 0 0 BRENDAN C HERLIHY 2.00 X 0 0 0 JOHN F HIRBOUR 2.00 X 0 0 0 FRANKLIN S JUNE 2.00 X 0 0 0 JANET WILSON MOORE 2.00 X 0 0 0 JAMES M O'COIN 2.00 X 0 0 0 RICHARD A SHEILS JR 2.00 X 0 0 0 JUDITH H OVERDORF 2.00 X 0 0 0 ROGER L DUBUQUE 2.00 X 0 0 0 NELSON J EZEN 2.00 X 0 0 0 THOMAS V ROUVINA 2.00 X 0 0 0 JOHN F WOODS 2.00 X 0 0 0 MARGARET P NAYLOR 50.00 X X 111442 0 12557 111442 0 12557 1 0 0 0 HERITAGE HEALTHCARE 630 MAIN STREET STURBRIDGE MA 01515 BUILDING CLEANING 161157 1 52627 52627 RESIDENTIAL REVENUE 900099 1425845 1425845 ADMISSION FEES 900099 14500 14500 1440345 49998 49998 16800 16800 16800 16800 283805 262303 21502 21502 21502 1581272 1461847 0 66798 X 101442 101442 607806 558364 49442 119372 75961 43411 75517 75517 24667 24667 121110 121110 76302 76302 CONTRACT SERVICES 168599 168599 UTILITIES 137564 112593 24971 REPAIRS & MAINTENANCE 132305 132305 FOOD & DAIRY 99091 99091 213344 85600 127744 1877119 1353623 523496 0 318146 196239 6348903 4651756 1716376 1697147 1470595 1270263 1959578 1886642 5464695 5050291 117917 78642 117917 78642 X 4734976 4396636 611802 575013 5346778 4971649 5464695 5050291 X -295847 -79282 X X 0 1 1 X 0 X 20173 48554 24475 26112 52167 171481 1575550 1711735 1600295 1582155 1440345 7910080 1667 460 2127 1595723 1760289 1626437 1608267 1492972 8083688 0 0 0 8083688 129633 32465 76809 63419 66797 369123 129633 32465 76809 63419 66797 369123 1725356 1792754 1703246 1671686 1559769 8452811 0.95630 0.95490 0.04370 0.04510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 179572 179572 5566841 4135336 1431505 64614 54115 10499 537876 462305 75571 1697147 INVESTMENT IN SUBSIDIARY 1311629 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 575013 1886642 SECURITY DEPOSITS 77472 CASH DEFICIT 1170 78642 1581272 1877119 -295847 -42493 -36789 -79282 -375129 1658418 -42491 142002 99511 1558907 22365 22365 1581272 1888484 130512 130512 1757972 119147 119147 1877119 PART XI, LINE 8 - OTHER ADJUSTMENTS: BENEFICIAL INTEREST IN PERPETUAL TRUST -36,789. PART XII, LINE 2D - OTHER ADJUSTMENTS: 2011 ACCOUNTS RECEIVABLE 134,861. 2011 INTEREST RECEIVABLE 7,141. PART XII, LINE 4B - OTHER ADJUSTMENTS: 2010 ACCOUNTS RECEIVABLE 15,331. 2010 INTEREST RECEIVABLE 7,034. PART XIII, LINE 2D - OTHER ADJUSTMENTS: 2011 ACCOUNTS PAYABLE 26,231. 2011 ACCRUED EXPENSES 24,875. 2011 ACCRUED PAYROLL 14,815. 2011 ACCRUED PAYROLL TAXES 1,719. 2011 ALLOWANCE FOR DOUBTFUL COLLECTIONS 28,170. 2010 PREPAID INSURANCE 33,928. 2010 OTHER RECEIVABLES 774. PART XIII, LINE 4B - OTHER ADJUSTMENTS: 2010 ACCOUNTS PAYABLE 36,822. 2010 ACCRUED EXPENSES 39,674. 2010 ACCRUED PAYROLL 5,565. 2010 ACCRUED PAYROLL TAXES 634. 2011 PREPAID INSURANCE 36,452. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES REVIEWS THE FORM 990 AND ALL ATTACHMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 QU 15A AND 15B. THE SALARIES OF THE EXECUTIVE DIRECTOR AND OTHER KEY OFFICERS ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24F SUPPLIES: PROGRAM SERVICE EXPENSES 73,644. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,644. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 3,459. MANAGEMENT AND GENERAL EXPENSES 62,356. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,815. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,739. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,739. MOTOR VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,588. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,588. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,607. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,607. MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,040. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,040. PROGRAM ACTIVITIES: PROGRAM SERVICE EXPENSES 8,497. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,497. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,385. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,385. COLLECTION FEE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,873. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,873. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -844. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -844. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -42,493. BENEFICIAL INTEREST IN PERPETUAL TRUST -36,789. TOTAL TO FORM 990, PART XI, LINE 5: -79,282. PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. 7-17 YOUNG STREET PROPERTIES INC 1199 MAIN STREET WORCESTER MA 01603 200451597 REAL ESTATE RENTALS MA 501(C)2 GODDARDHOMESTEAD INC 0 1213 MAIN STREET PROPERTIES INC 1199 MAIN STREET WORCESTER MA 01603 200451656 REAL ESTATE RENTALS MA 501(C)2 GODDARDHOMESTEAD INC 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1213 MAIN STREET PROPERTIES INC D 470546 U.S. GAAP 1213 MAIN STREET PROPERTIES INC N 36638 U.S. GAAP 7-17 YOUNG STREET PROPERTIES INC D 763742 U.S. GAAP 7-17 YOUNG STREET PROPERTIES INC N 40703 U.S. GAAP