2026-05-15T13:09:07-05:00 2025-06-30 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2024-07-01 237168031 ONEHOLYOKE COMMUNITY DEVELOPMENT CORP OLDE 4135337101 70 LYMAN STREET HOLYOKE MA 01040 MICHAEL MORIARTY PRESIDENT 4135337101 2026-05-14 1 1 HOWARD L CHENEY P00381206 4135368510 2026-05-14 2024 2025-03-06 01:10:19Z ONEHOLYOKE CDC MICHAEL MORIARTY 70 LYMAN STREET HOLYOKE MA 01040 4061718 0 X WWW.ONEHOLYOKE.ORG X 1972 MA TO HELP DEVELOP LOW AND MODERATE INCOME HOUSING AND ASSIST THE EXPANSION OF BUSINESS IN HOLYOKE, MA. 11 11 28 175 0 0 1202298 1516923 2412133 2251319 883686 -10058 36988 45324 4535105 3803508 440179 1353756 0 0 1162272 1167640 0 0 18296 2204108 2084802 3806559 4606198 728546 -802690 4634268 4464414 596325 1229161 4037943 3235253 X TO FURTHER THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING, TO ASSIST IN THE EXPANSION OF LOCALLY-OWNED BUSINESS ENTERPRISES AND TO PROVIDE OTHER ASSISTANCE FOR THE IMPROVEMENT OF RESIDENTIAL AND BUSINESS PROPERTY IN HOLYOKE, MASSACHUSETTS. 1 1 1629247 30000 2260320 PROVIDED 213 RENTAL UNITS FOR RENT FOR LOW TO MODERATE INCOME INDIVIDUALS. APPROXIMATELY 80 TENANTS RECEIVE SUBSIDIZED RENTAL ASSISTANCE FROM VARIOUS AGENCIES. 1315691 1310956 0 FACILITATED AND OVERSAW THE REHABILITATION OF A VACANT, THREE-STORY BUILDING LOCATED AT 147 HIGH STREET IN THE CITY OF HOLYOKE, PURSUANT TO THE CITY'S PLANS TO REVITALIZE HIGH STREET TO BETTER REFLECT THE IDENTITY AND SERVE THE INTERESTS OF THE HOLYOKE COMMUNITY. 59242 0 COMMUNITY ENGAGEMENT - FURTHERING THE SPIRIT OF HOLYOKE BY ENGAGING OHDC WITH THE LOCAL COMMUNITY THROUGH SPECIAL EVENTS AND PROGRAMS, SUPPORTING COMMUNITY NEEDS. 13642 12800 0 RNIP LOAN PROGRAM - THE HOLYOKE RENTAL NEIGHBORHOOD IMPROVEMENT PROGRAM PROVIDES LOW INTEREST LOANS TO RENTAL PROPERTY OWNERS TO PROVIDE QUALITY HOUSING IN THE CITY OF HOLYOKE. LOANS MAY BE USED TO MAKE BUILDING IMPROVEMENTS INCLUDING ENERGY SAVING REHAB LIKE WINDOWS, DOORS AND HVAC SYSTEMS OR TO ADDRESS CODE/BUILDING VIOLATIONS. FUNDING MUST RESULT IN OCCUPIABLE UNITS WHICH MEET HUD HQS STANDARDS. INTERIM FINANCING AND REFINANCING OF EXISTING DEBT IS NOT PERMITTED. AT PROJECT COMPLETION, 51% OF TENANTS MUST MEET THE SECTION 8 INCOME LIMITS. 13642 12800 0 3017822 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 63 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 0 MA X MIKE MORIARTY 4135337101 70 LYMAN STREET HOLYOKE MA 01040 WALTER NALESNIK VICE-CHAIR 1.00 X X 0 0 0 ARMANDO SANTIAGO DIRECTOR - END 1/3/25 1.00 X 0 0 0 JESSE CASTELLANO DIRECTOR 1.00 X 0 0 0 SCOTT JONES TREASURER - BEG 10/15/24 1.00 X X 0 0 0 MAURICE N LACASSE DIR./LIFETIME MEMBER 1.00 X 0 0 0 MARIA PAGAN CLERK 1.00 X X 0 0 0 IVIE CORDERO CHAIR 1.00 X X 0 0 0 LINDA PRATT DIRECTOR 1.00 X 0 0 0 JOHN LENIHAN DIRECTOR 1.00 X 0 0 0 ERIC MATTOS DIRECTOR - END 1/3/25 1.00 X 0 0 0 JOHN RODRIGUEZ DIRECTOR 1.00 X 0 0 0 WANDA FERNANDEZ RIVERA DIRECTOR - BEG 1/3/25 1.00 X 0 0 0 FREDDY DEJESUS JR DIRECTOR - BEG 1/3/25 1.00 X 0 0 0 MICHAEL MORIARTY EXECUTIVE DIRECTOR 37.00 10.00 X 87984 0 24331 87984 0 24331 0 0 0 0 0 1310956 205967 1516923 RENTAL INCOME 531110 2068070 2068070 LOW-INCOME HOUSING MGT 531110 183249 183249 2251319 3717 3717 244435 258210 -13775 -13775 -13775 PARTNERSHIP DISTRIBUTI 900099 21336 21336 OTHER INCOME 900099 14820 9001 5819 LAUNDRY TOKENS 900099 8679 8679 489 489 45324 3803508 2260320 0 26265 1353756 1353756 121974 18296 85382 18296 837924 192484 645440 34634 7997 26637 84849 20717 64132 88259 19583 68676 4735 4735 41964 19795 22169 79000 4000 75000 95715 14611 81104 500 500 74866 4421 70445 49644 7787 41857 981862 905425 76437 31484 8672 22812 7132 1787 5345 21887 5796 16091 224530 218157 6373 384687 133473 251214 COMMUNITY ENGAGEMENT 59354 59242 112 BAD DEBT 10725 10725 DUES AND SUBSCRIPTIONS 7699 913 6786 LAUNDRY TOKENS 5000 5000 4018 450 3568 4606198 3017822 1570080 18296 322379 521790 55955 33361 818470 193916 83853 69690 51693 32599 10639765 8740223 1927667 1899542 23966 23966 1350285 1689550 4634268 4464414 270713 907369 190729 211857 134883 109935 596325 1229161 X 3298876 2507672 739067 727581 4037943 3235253 4634268 4464414 -802690 0 X 0 0 0 X 213742 206288 435273 1202298 1516923 3574524 2326071 2721194 2385541 2352110 2246489 12031405 7052 8341 7919 10652 23499 57463 2546865 2935823 2828733 3565060 3786911 15663392 0 268430 45206 197079 174193 140299 825207 268430 45206 197079 174193 140299 825207 14838185 8327 8780 5151 2916 3717 28891 8327 8780 5151 2916 3717 28891 17050 17560 16450 26336 21336 98732 2572242 2962163 2850334 3594312 3811964 15791015 0.93970 0.96290 0.00180 0.00240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 256850 256850 9797822 8213328 1584494 585093 526895 58198 1899542 PROJECT COSTS 1479264 TENANT SECURITY DEPOSITS 210286 1689550 PART IV, LINE 2B: THE ORGANIZATION HOLDS REFUNDABLE TENANT SECURITY DEPOSITS. 1 CRAFTS BLOCK LLC 181 DALE STREET CHICOPEE MA 01020 850775249 1310956 0 TO FUND THE REHABILITATION OF 147 HIGH STREET IN HOLYOKE. THE CARE CENTER 247 CABOT ST HOLYOKE MA 01040 042962882 501(C)(3) 30000 0 TO HELP YOUNG MOTHERS AND LOW-INCOME WOMEN ATTEND COLLEGE. HOLYOKE HAVEN PROPERTIES LLC 395 LEE BURBANK HWY REVERE MA 02151 12800 0 FIRE ALARM SYSTEM PARTS & LABOR. 1 2 PART I, LINE 2: USE OF CRAFTS BLOCK LLC GRANT FUNDS IS MONITORED THROUGH REVIEW OF FINANCIAL DOCUMENTS AND ACCESS TO PROPERTY. THE CARE CENTER IS A PUBLIC CHARITY WHO MONITORS USE OF ITS GRANTS TO COLLEGE ATTENDEES. THE GRANT FOR FIRE ALARM SYSTEM PARTS AND LABOR WAS MADE DIRECTLY TO THE INSTALLER OF THE EQUIPMENT. FORM 990, PART III, LINE 2 FACILITATING AND OVERSING THE REHABILITATION OR DEVELOPMENT OF AFFORDABLE HOUSING IN THE CITY OF HOLYOKE BY UNRELATED THIRD PARTIES THROUGH GRANTS AND PROJECT SUPERVISION. FORM 990, PART III, LINE 3 THE NEIGHBORHOOD IMPROVEMENT PROGRAM (NIP) HAS BEEN DISCONTINUED DUE TO A LAPSE IN FUNDING FROM THE HOLYOKE OFFICE OF COMMUNITY DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT. DUE TO TIME CONSTRAINTS THIS YEAR, THE BOARD WILL NOT RECEIVE A COPY OF FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 THESE FORMS ARE AVAILABLE AT THE ORGANIZATION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART VI, LINE 16 ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION ("OHCDC") ENTERED INTO AN AGREEMENT WITH A FOR-PROFIT LLC AND THE MASSACHUSETTS HOUSING FINANCE AGENCY AS PART OF ONGOING EFFORTS TO REHABILITATE A PROPERTY ON HIGH STREET IN HOLYOKE, MA. OHCDC REQUIRES THE PARTNERSHIP TO REPORT ALL EXPENDITURES TO ENSURE PROPER APPROPRIATION. OHCDC OWNS A PROFITS-ONLY INTEREST IN THE LLC SOLELY FOR THE PURPOSE OF ENSURING CONTINUED LEGAL ACCESS TO THE PROPERTY AND FINANCIAL INFORMATION. RIVERSIDE DEVELOPMENT INC 70 LYMAN STREET HOLYOKE MA 01040 237320953 ECONOMIC DEVELOPMENT MA 501(C)4 0 ELMS INC 70 LYMAN STREET HOLYOKE MA 01040 222475565 LOW-INCOME HOUSING MA 501(C)3 509(A)2 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 THE ELMS INC E 58125 PER GENERAL LEDGER THE ELMS INC L 128956 PER GENERAL LEDGER THE ELMS INC Q 54293 PER GENERAL LEDGER