2026-05-11T11:28:11-05:00 2025-06-30 270355040 WILKINS MILLER LLC 41 W I-65 SERVICE RD N STE 400 MOBILE AL 36608 990 2024-07-01 991894184 CHF MERRIMACK INC CHFM 2519289340 PO BOX 1385 FAIRHOPE AL 365331385 BRIAN M BLAKENEY TREASURER/CLERK 2519289340 2026-05-08 1 0 MICAH L WHEELER P01343147 2514106700 2026-05-08 2024 2025-03-06 01:10:19Z BRIAN M BLAKENEY PO BOX 1385 FAIRHOPE AL 365331385 50001 0 X N/A X 2024 MA THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, COLLEGIATE HOUSING FOUNDATION (THE 'FOUNDATION'), WHICH WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND MORE SPECIFICALLY FOR THE PURPOSE OF ASSISTING COLLEGES AND UNIVERSITIES IN PROVIDING HOUSING FOR THEIR ENROLLED STUDENTS AND OTHERWISE ASSISTING THEM IN FURTHERANCE OF THEIR EDUCATIONAL MISSIONS. 1 0 0 0 0 0 0 50000 0 0 0 1 0 0 0 50001 0 0 0 0 0 0 0 0 0 0 15150 0 15150 0 34851 0 93734416 0 93699565 0 34851 X THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, COLLEGIATE HOUSING FOUNDATION (THE 'FOUNDATION'), WHICH WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND MORE SPECIFICALLY FOR THE PURPOSE OF ASSISTING COLLEGES AND UNIVERSITIES IN PROVIDING HOUSING FOR THEIR ENROLLED STUDENTS AND OTHERWISE ASSISTING THEM IN FURTHERANCE OF THEIR EDUCATIONAL MISSIONS. 0 0 15150 50000 ALL OF THE ACTIVITIES OF THE ORGANIZATION ARE PERFORMED AND CARRIED OUT IN ACCORDANCE WITH THE PURPOSES, GOALS, AND OBJECTIVES OF THE FOUNDATION. THE ORGANIZATION'S SOLE ACTIVITY IS TO ASSIST MERRIMACK COLLEGE (THE 'COLLEGE') WITH THE FINANCING, CONSTRUCTION AND OPERATION OF AN APPROXIMATE 540-BED STUDENT HOUSING FACILITY AND ASSOCIATED ACADEMIC SPACE AND OTHER ANCILLARY FACILITIES (THE 'PROJECT'). THE COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION EXEMPT UNDER SECTION 501(C)(3) OF THE CODE AND LOCATED IN NORTH ANDOVER, MA. 15150 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 0 0 0 MA X BRIAN M BLAKENEY 2519289340 409 JOHNSON AVE FAIRHOPE AL 36532 WILLIAM GIVHAN DIRECTOR/PRESIDENT 1.00 40.00 X X 0 662982 73641 BRIAN BLAKENEY TREASURER/CLERK 1.00 40.00 X 0 463092 66562 0 1126074 140203 0 0 1 0 GREYSTAR ONE FEDERAL STREET SUITE 1804 BOSTON MA 02110 CONSTRUCTION 10273889 MINTZ LEVIN COHN FERRIS GLOVSKY AND ONE FINANCIAL CENTER BOSTON MA 02111 BOND COUNSEL FEE 300000 MCCARTER & ENGLISH LLP 265 FRANKLIN ST BOSTON MA 02110 UNDERWRITER'S COUNSEL FEE 250000 HAND ARENDALL HARRISON SALE LLC 104 SAINT FRANCIS STREET SUITE 300 MOBILE AL 36602 BORROWER'S COUNSEL FEE 215000 MCLANE MIDDLETON 45 SCHOOL STREET 2ND FLOOR BOSTON MA 02108 BORROWER'S LOCAL COUNSEL FEE 160000 5 50000 50000 1 1 50001 0 0 1 PREOPENING COSTS 15150 15150 15150 15150 0 0 60888 15812932 45532699 0 32327897 0 93734416 7068331 85296234 1335000 0 93699565 X 34851 0 34851 0 93734416 34851 0 X X 0 0 0 X X X 1 COLLEGIATE HOUSING FOUNDATION 631173425 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 U.S. TREASURY NOTES 45532699 F 45532699 CONSTRUCTION IN PROGRESS 32045652 INTEREST/DIVIDEND INCOME RECEIVABLE 282245 32327897 0 0 0 0 0 0 0 0 0 WILLIAM GIVHAN DIRECTOR/PRESIDENT 0 662982 0 0 0 0 0 53039 0 20602 0 736623 0 0 BRIAN BLAKENEY TREASURER/CLERK 0 421092 0 42000 0 0 0 37047 0 29515 0 529654 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57585BBU1 2024-08-29 87928063 TO CONSTRUCT A STUDENT HOUSING FACILITY AT MERRIMACK COLLEGE 0 0 0 A 89957112 5765790 1486909 1580275 25648868 160159 55315111 0 0 0 1 A 0 0 1 1 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 0 SCH K, PART II, LINE 3 DIFFERENCE BETWEEN SCHEDULE K PART I COLUMN E AND PART II LINE 3 - INVESTMENT EARNINGS DURING THE PROJECT PERIOD FORM 990, PART VI, SECTION A, LINE 3 THE STUDENT HOUSING FACILITIES OWNED BY THE ORGANIZATION ARE MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY, WITH CERTAIN DEFINED DUTIES PERFORMED BY MERRIMACK COLLEGE. FORM 990, PART VI, SECTION A, LINE 6 COLLEGIATE HOUSING FOUNDATION, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF COLLEGIATE HOUSING FOUNDATION SHALL SERVE, IN AN EX OFFICIO CAPACITY, AS THE SOLE DIRECTOR OF THE BOARD OF THE CORPORATION. SAID PRESIDENT SHALL SERVE AS THE DIRECTOR OF THE BOARD FOR AS LONG AS HE OR SHE IS THE PRESIDENT OF COLLEGIATE HOUSING FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B PER SECTION 3.03 OF THE BYLAWS, CERTAIN GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED TO AND/OR SUBJECT TO APPROVAL BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 8B ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM, AND AFTER REVIEW BY THE ORGANIZATION'S LEGAL COUNSEL, IS REVIEWED AND APPROVED BY THE TREASURER/CLERK OF THE ORGANIZATION BEFORE BEING FILED. A COPY IS ALSO FURNISHED TO EACH OF THE ORGANIZATION'S BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND DIRECTOR IS ANNUALLY REQUIRED TO ACKNOWLEDGE IN WRITING THEIR RECEIPT OF THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH THE SAME. FORM 990, PART VI, SECTION B, LINE 14: CHF MERRIMACK, INC FOLLOWS COLLEGIATE HOUSING FOUNDATION'S DOCUMENT RETENTION AND DESTRUCTION POLICY. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF DOCUMENTS REQUIRED BY LAW TO BE AVAILABLE TO THE PUBLIC ARE PROVIDED UPON REQUEST FORM 990, PART XII, LINE 2: THE ORGANIZATION DID NOT HAVE A SEPARATE INDEPENDENT AUDIT OF ITS STANDALONE FINANCIAL STATEMENTS FOR THE YEAR. HOWEVER, THE ORGANIZATION'S FINANCIAL ACTIVITY IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ITS PARENT ORGANIZATION, OF WHICH THE ORGANIZATION IS A SUPPORTING ORGANIZATION. ACCORDINGLY, THE ORGANIZATION'S FINANCIAL ACTIVITIES ARE SUBJECT TO OVERSIGHT AND REVIEW AS PART OF THE PARENT ORGANIZATION'S ANNUAL INDEPENDENT AUDIT PROCESS. COLLEGIATE HOUSING FOUNDATION PO BOX 1385 FAIRHOPE AL 36533 631173425 TO FINANCE, OWN AND OPERATE STUDENT HOUSING FACILITIES FOR MEMBER COLLEGES AL 501(C)3 LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 COLLEGIATE HOUSING FOUNDATION R 100000 FAIR MARKET VALUE COLLEGIATE HOUSING FOUNDATION P 2248 FAIR MARKET VALUE