2011-11-11T14:24:27-06:00 2010-12-31 REZNICK GROUP PC 260 FRANKLIN STREET SUITE 710 BOSTON MA 02110 990 2010-01-01 042875899 CARITAS COMMUNITIES INC CARI 7818431242 25 Braintree Hill Office Park Braintree MA 02184 Edward Harrington 2011-11-11 LEONARD J BERKOWITZ 6176481400 2010 2016-02-24 21:20:13Z MARK J WINKELLER 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 5185395 false X N/A X 1985 MA DEVELOPS, OWNS, AND MANAGES DECENT HOUSING FOR WORKING POOR INDIVIDUALS. 18 18 47 0 436343 700475 3580745 4181826 115132 13796 133182 176994 4265402 5073091 0 0 0 0 1465513 1455963 0 0 118485 2890495 3711904 4356008 5167867 -90606 -94776 24775649 28067937 22457303 25962439 2318346 2105498 TO ACQUIRE AND DEVELOP HOUSING AND TO PROVIDE OTHER SOCIAL SERVICES TO BENEFIT LOW INCOME MEMBERS OF SOCIETY, WITHOUT PECUNIARY GAIN OR PROFIT INCIDENTAL OR OTHERWISE TO ITS MEMBERS. CARITAS COMMUNITIES SERVES THE HOUSING NEEDS OF LOW-INCOME INDIVIDUALS THROUGH THE DEVELOPMENT AND LONG-TERM MANAGEMENT OF AFFORDABLE ROOMING HOUSES BY REHABILITATING EXISTING PROPERTIES AND BUILDING ON VACANT LAND, THEY IMPROVE NEIGHBORHOODS WHILE PROVIDING MUCH NEEDED HOUSING. false false 4435293 4181826 CARITAS COMMUNITIES ("CARITAS") PROVIDES AFFORDABLE HOUSING, FOCUSING ITS EFFORTS ON PREVENTING HOMELESSNESS AND STABALIZING NEIGHBORHOODS BY PROVIDING AFFORDABLE HOUSING FOR THE WORKING POOR. CARITAS ADOPTED THE LODGING HOUSE MODEL AS AN EFFICIENT AND AFFORDABLE MEANS OF PROVIDING QUALITY ACCOMODATIONS AT AN AFFORDABLE RENT. CARITAS PRESENTLY OWNS or MANAGES 28 PROPERTIES THROUGHOUT GREATER BOSTON WITH APPROXIMATELY 760 ROOMS. DESPITE THE DIFFICULT ECONOMY AND FUNDING CHALLENGES IN 2010, CARITAS COMPLETED CONSTRUCTION OF THE 17 ROOM ALASKA STREET, ROXBURY ROOMING HOUSE AND THE 19 ONE BEDROOM APARTMENT BUILDING IN NEW BEDFORD. CARITAS ALSO HAD THE OPPORTUNITY IN 2010 TO PURCHASE AND PRESERVE TWO EXISTING AFFORDABLE ROOMING HOUSES ON MARLBOROUGH STREET AND CORTES STREET IN BOSTON PROVIDING DECENT HOUSING FOR 64 NEEDY INVDIVIDUALS. 4435293 true true false false false false false false false true false false true true false false true false false false false false false true false false false false true false false false false false false false false false false false false true true false false false false true 33 0 true 47 true false false false false false true true false false false false X 18 18 false false false false false false false true false false false true true true true false true true true false MA X X EDWARD J HARRINGTON CFO 7818431242 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 X PETER MCGOWAN 0.3 X 0 0 0 KEVIN BYRNE 0.3 X 0 0 0 WILLIAM MCLAUGHLIN 0.3 X 0 0 0 LEO J CORCORAN 0.3 X 0 0 0 MICHAEL MULLINS 0.3 X 0 0 0 GORDON PULSIFER 0.3 X 0 0 0 JASON KORB 0.3 X 0 0 0 DAVID GREENBALT 0.3 X 0 0 0 JON R RUDZINSKI 0.3 X 0 0 0 MARY LOU WALKER-SEITZ 0.3 X 0 0 0 JANET MEANEY 0.3 X 0 0 0 DIANE RUBIN 0.3 X 0 0 0 KEVIN O'FLAHERTY 0.3 X 0 0 0 CARL FLUMERFELT 0.3 X 0 0 0 GINA MARTINEZ 0.3 X 0 0 0 MATTHEW OSBORNE 0.3 X 0 0 0 FRANK CAPEZZERAESQ 5.0 X 0 0 0 MAURA E MURPHY 2.0 X 0 0 0 MARK WINKELLER 36.0 X X 159396 0 5004 EDWARD HARRINGTON 20.0 X X 73000 0 2190 THOMAS NEE 40.0 X 104811 0 24007 JONATHAN WRIGHT 40.0 X 103487 0 25331 440694 0 56532 3 false true false BLUE CROSS BLUE SHIELD health insurance 148598 1 700475 700475 RENTAL INCOME 531190 3535240 3535240 MANAGEMENT FEE 531190 250180 250180 DEVELOPMENT FEES 531190 388762 388762 MISCELLANEOUS 531190 7644 7644 4181826 13796 13796 0 0 0 289298 112304 176994 176994 0 0 0 5073091 4181826 190790 0 0 0 0 440694 148078 236827 55789 0 699247 499823 167539 31885 0 187406 133958 44902 8546 128616 91935 30816 5865 336673 336673 108226 66635 41591 38025 23412 14613 0 0 0 0 0 129914 129914 0 0 79015 56480 18932 3603 0 0 0 560130 560130 0 745010 745010 107991 107991 UTILITIES 581485 581485 REPAIR/MAINT 430936 430936 SOCIAL SERVICES 30260 30260 MISC COSTS 255954 184288 58869 12797 REAL ESTATE TAXES 166933 166933 141352 141352 5167867 4435293 614089 118485 629392 852064 283883 218436 1016155 46523 94689 102673 30846795 7212594 19866031 23634201 1259513 1355034 1625986 1859006 24775649 28067937 1191324 1374437 22276 31725 21114310 24292822 129393 263455 22457303 25962439 X 2114734 2050498 203612 55000 2318346 2105498 24775649 28067937 X -94776 -118072 X false true true X false X 228454 298900 451574 436343 700475 2115746 228454 298900 451574 436343 700475 2115746 190618 1925128 245201 291738 171678 115132 13796 837545 13400 2398 15798 2969089 0.64839 0.55008 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3740267 3740267 26561574 6897571 19664003 63316 14770 48546 0 0 0 471496 290111 181385 23634201 FINANCING COSTS 179718 OPERATING/DEBT SERVICE REVENUE 189799 REPLACEMENT RESERVE 1112735 DEVELOPMENT COSTS 306722 DUE FROM AFFILIATES 0 MORTGAGE ESCROWS 70032 1859006 0 DUE TO AFFILIATES 87964 TENANT SECURITY DEPOSITS 175491 263455 ANNUAL DINNER 289298 289298 95652 16752 0 289298 289298 95652 16752 112404 176894 false true false false false false false false false MARK WINKELLER 151000 0 0 0 8396 0 0 0 5004 0 164400 0 0 0 GOVERNANCE PART VI, SECTION A, question 8b THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. governance PART VI, SECTION b, question 11 THE OUTSIDE CPA FIRM WHO PERFORMS AN AUDIT OF THE FINANCIAL STATEMENTS PREPARES THE FORM 990 WITH INPUT PROVIDED BY THE CARITAS CHIEF FINANCIAL OFFICER. THE COMPLETE FORM 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND IS MADE AVAILABLE TO THE EXECUTIVE DIRECTOR FOR REVIEW. A COPY WILL BE FURNISHED TO EACH DIRECTOR. governance PART VI, SECTION B, question 12C THE SIGN OFF OF THE POTENTIAL CONFLICT OF INTEREST FORM IS MADE EACH YEAR BY EACH MEMBER OF THE CARITAS COMMUNITIES BOARD OF DIRECTORS AND IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER. governance pART VI, SECTION B, question 15A AT THE DECEMBER MEETING EACH YEAR THE FULL BOARD OF DIRECTORS MEETS WITH THE AUDIT AND FINANCE COMMITTEE TO CONSIDER THE PLANNED COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE TREASURER/CHIEF FINANCIAL OFFICER WITH BOTH INDIVIDUALS ABSENT FROM THE MEETING. PRIOR THERETO THE CHAIRMAN OF THE FINANCE AND AUDIT COMMITTEE DISCUSSES SALARY INFORMATION OBTAINED FROM OUR INDEPENDENT AUDITING FIRM REGARDING SALARIES PAID TO EXECUTIVE DIRECTORS AND TREASURERS IN COMPARABLE ORGANIZATIONS. THE AUDIT AND FINANCE COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD WHO DISCUSSES AND VOTES ON THE COMPENSATION OF THESE TWO INDIVIDUALS FOR THE COMING YEAR. governance part vi, section c, question 19 EACH YEAR CARITAS COMMUNITIES INC. PREPARES A CONSOLIDATED ANNUAL REPORT WHICH INCLUDES BEDFORD VETERANS QUARTERS INC AND SEAN BROOK HOUSE INC. APPROXIMATELY 2500 COPIES OF THIS ANNUAL REPORT ARE MAILED TO SUPPORTERS AND LENDERS OF CARITAS COMMUNITIES INC. AND SUBSIDIARIES. THIS REPORT INCLLUDES THE NAMES OF THE MEMBERS OF THE BOARD OF DIRECTORS, NAMES OF OFFICE AND SITE PERSONNEL, ANNUAL INCOME AND EXPENSE SUMMARY, STATUS OF PROJECTS, AND LISTING OF THE ROOMING HOUSES AND LENDING ORGANIZATIONS. IN ADDITION EACH YEAR THE COMPLETE AUDITED FINANCIAL STATEMENTS OF CARITAS COMMUNITIES INC. AND SUBSIDIARIES ARE EXAMINED BY A CPA FIRM AND ARE DISTRIBUTED TO OVER 20 LENDING INSTITUTIONS. OTHER GOVERNANCE DOCUMENTS AND CONFLICT OF INTEREST REPORTING FORMS ARE GENERALLY CONSIDERED TO BE INTERNAL DOCUMENTS AND ARE NOT USUALLY DISTRIBUTED TO THE GENERAL PUBLIC BUT MAY BE AVAILABLE UPON REQUEST. reconciliation of net assets part XI, line 5 Parkview Housing Retained Earnings (985,681) Caritas Acquisition LLC Gain on Acquisition 917,609 Prepaid adjustment to Retained earnings (50,000) total adjustment (118,072) HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:PETER MCGOWAN TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:KEVIN BYRNE TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:WILLIAM MCLAUGHLIN TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LEO J. CORCORAN TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MICHAEL MULLINS TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GORDON PULSIFER TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JASON KORB TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DAVID GREENBALT TITLE:director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JON R. RUDZINSKI TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MARY LOU WALKER-SEITZ TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JANET MEANEY TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DIANE RUBIN TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:KEVIN O'FLAHERTY TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CARL FLUMERFELT TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GINA MARTINEZ TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MATTHEW OSBORNE TITLE:DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:FRANK CAPEZZERA,ESQ TITLE:PRESIDENT HOURS:10 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MAURA E. MURPHY TITLE:secretary HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MARK WINKELLER TITLE:EXECUTIVE OFFICER HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:EDWARD HARRINGTON TITLE:TREASURER/CFO HOURS:4 ALASKA HOUSING LLC 25 BRAINTREE HILL OFFICE PARK STE BRAINTREE MA 02184 260801247 AFFORDABLE HO MA 449263 3256408 CARITAS PARKVIEW HOUSING LLC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 271632866 AFFORDABLE HO MA -237808 1319506 CARITAS CARITAS WORCESTER HOUSE LLC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 300600117 AFFORDABLE HO MA 36242 559791 CARITAS CARITAS ACQUISITION LLC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 800654460 AFFORDABLE HO MA 916705 3668448 CARITAS BEDFORD VETERANS QUARTERS INC 25 BRAINTREE HILL OFFICE PARK STE BRAINTREE MA 02184 562597881 RENTAL HSG MA 501(C)(3) 509(a)(1) CARITAS COMM SEAN BROOK HOUSE INC 25 BRAINTREE HILL OFFICE PARK BRAINTREE MA 02184 611572201 RENTAL HSG MA 501(c)(3) 509(a)(1) CARITAS COMM DUDLEY INN LP 25 BRAINTREE HILL OFFICE PARK STE BRAINTREE MA 02184 043527741 RENTAL HOUSING MA NA NONE false 0 true ONE LENOX LP 25 BRAINTREE HILL OFFICE PARK STE 2 BRAINTREE MA 02184 202801956 RENTAL HOUSING MA NA NONE false 0 true 17 ROOMS CORPORATION 25 BRAINTREE HILL OFFICE PARK STE BRAINTREE MA 02184 043527738 AFFORDABLE HS MA NA C CORP -47 1.00000 ONE LENOX STREET CORPORATION 25 BRAINTREE HILL OFFICE PARK STE BRAINTREE MA 02184 202802439 AFFORDABLE HS MA NA C CORP -18 1.00000 false false false false true false false false false false false false false false false false false false ONE LENOX LIMITED PARTNERSHIP E 46523 SEAN BROOK HOUSE INC E 87964