Civic Intelligence

Garden Street Apartments Inc

EIN 04-3233283 • 501(c)3 • Cambridge, MA

Profile

To provide low-income disabled individuals with housing in a specially designed environment to meet their needs and promote health, happiness and security on a non-profit basis sufficient to maintain and operate the home.

950 Cambridge StreetCambridge, MA 02141-1001

www.vinfen.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.07x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

9.60x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

22nd percentile

-9.5%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$590,040

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 467.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

41st percentile

0.6%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

27%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,136,793

Up $6,333 (+0.6%) from 2023

Liabilities

Up

$1,212,976

Up $18,336 (+1.5%) from 2023

Net Assets

Down

-$76,183

Down $12,003 (-19%) from 2023

Revenue

Up

$126,336

Up $26,836 (+27%) from 2023

Expenses

Up

$138,339

Up $13,640 (+11%) from 2023

Net Income

Up

-$12,003

Up $13,196 (+52%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2011: $607,814Liabilities 2011: $809,862Net Assets 2011: -$202,0482011Assets 2012: $607,936Liabilities 2012: $820,836Net Assets 2012: -$212,9002012Assets 2013: $591,666Liabilities 2013: $813,732Net Assets 2013: -$222,0662013Assets 2014: $965,376Liabilities 2014: $836,580Net Assets 2014: $128,7962014Assets 2015: $971,932Liabilities 2015: $892,745Net Assets 2015: $79,1872015Assets 2016: $982,606Liabilities 2016: $943,186Net Assets 2016: $39,4202016Assets 2017: $989,823Liabilities 2017: $969,554Net Assets 2017: $20,2692017Assets 2018: $1,016,950Liabilities 2018: $1,007,090Net Assets 2018: $9,8602018Assets 2019: $1,053,212Liabilities 2019: $1,053,052Net Assets 2019: $1602019Assets 2020: $1,092,943Liabilities 2020: $1,084,161Net Assets 2020: $8,7822020Assets 2021: $1,125,905Liabilities 2021: $1,128,487Net Assets 2021: -$2,5822021Assets 2022: $1,151,070Liabilities 2022: $1,190,051Net Assets 2022: -$38,9812022Assets 2023: $1,130,460Liabilities 2023: $1,194,640Net Assets 2023: -$64,1802023Assets 2024: $1,136,793Liabilities 2024: $1,212,976Net Assets 2024: -$76,1832024

Highlighted filing

2024

Assets$1,136,793
Liabilities$1,212,976
Net Assets-$76,183

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $73,016Expenses 2011: $79,085Net Income 2011: -$6,0692011Revenue 2012: $73,095Expenses 2012: $83,947Net Income 2012: -$10,8522012Revenue 2013: $73,041Expenses 2013: $82,207Net Income 2013: -$9,1662013Revenue 2014: $206,786Expenses 2014: $93,480Net Income 2014: $113,3062014Revenue 2015: $72,661Expenses 2015: $122,270Net Income 2015: -$49,6092015Revenue 2016: $72,915Expenses 2016: $112,682Net Income 2016: -$39,7672016Revenue 2017: $72,520Expenses 2017: $91,671Net Income 2017: -$19,1512017Revenue 2018: $97,054Expenses 2018: $107,463Net Income 2018: -$10,4092018Revenue 2019: $99,286Expenses 2019: $108,986Net Income 2019: -$9,7002019Revenue 2020: $103,479Expenses 2020: $94,857Net Income 2020: $8,6222020Revenue 2021: $94,115Expenses 2021: $105,479Net Income 2021: -$11,3642021Revenue 2022: $99,300Expenses 2022: $135,699Net Income 2022: -$36,3992022Revenue 2023: $99,500Expenses 2023: $124,699Net Income 2023: -$25,1992023Revenue 2024: $126,336Expenses 2024: $138,339Net Income 2024: -$12,0032024

Highlighted filing

2024

Revenue$126,336
Expenses$138,339
Net Income-$12,003

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.14$1.21$0.08$0.13$0.14$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.13$1.19$0.06$0.10$0.12$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.15$1.19$0.04$0.10$0.14$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.13$1.13$0.00$0.09$0.11$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.09$1.08$0.01$0.10$0.09$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.05$1.05$0.00$0.10$0.11$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.02$1.01$0.01$0.10$0.11$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.99$0.97$0.02$0.07$0.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.98$0.94$0.04$0.07$0.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.89$0.08$0.07$0.12$0.05
2014Summary only. Only limited summary data is available for this year.$0.97$0.84$0.13$0.21$0.09$0.11
2013Summary only. Only limited summary data is available for this year.$0.59$0.81$0.22$0.07$0.08$0.01
2012Summary only. Only limited summary data is available for this year.$0.61$0.82$0.21$0.07$0.08$0.01
2011Summary only. Only limited summary data is available for this year.$0.61$0.81$0.20$0.07$0.08$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$126,336
Mission and Program Overview

Mission

To provide low-income disabled individuals with housing in a specially designed environment to meet their needs and promote health, happiness and security on a non-profit basis sufficient to maintain and operate the home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$602,927$630,582▲ $27,655
Cash and Non-Interest-Bearing Accounts$256,795$247,050▼ $9,745
Accounts Receivable$1,147$2,816▲ $1,669
Prepaid Expenses and Deferred Charges$121$121→ $0
Total Assets$1,130,460$1,136,793▲ $6,333
Other Assets Total$269,470$256,224▼ $13,246
Liabilities
Mortgage Notes Payable Secured by Investment Property$802,500$802,500→ $0
Other Liabilities$385,178$392,652▲ $7,474
Accounts Payable and Accrued Expenses$3,933$15,151▲ $11,218
Escrow Account Liability$3,029$2,673▼ $356
Total Liabilities$1,194,640$1,212,976▲ $18,336
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-64,180$-76,183▼ $12,003
Total Net Assets Fund Balance$-64,180$-76,183▼ $12,003
Total Liabilities and Net Assets / Fund Balance$1,130,460$1,136,793▲ $6,333

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$454,598$247,515$702,113
Land$158,832-$158,832
Other Land Buildings$17,152-$17,152
Other Assets Org$256,224--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jean YangDirector, President
Paul ZintlDirector
Philip a MasonDirector
Annette KovameesDirector Treas. & Clerk (as of 09/21/23)
Richard F SullivanFormer Treasurer & Clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$125,930
Investment Income
$406
Other Revenue
$0
Change in Net Assets
$-12,003

Audited Revenue Reconciliation

Revenue per Audited Statements
$126,336
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$126,336
Total Revenue per Form 990
$126,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$38,115-$38,115
Occupancy$34,024--$34,024
Depreciation Depletion$26,308--$26,308
Insurance$10,412--$10,412
Fees for Services Management-$10,083-$10,083
Other Expenses$4,227--$4,227
Fees for Services Other$3,256--$3,256
Fees for Services Legal-$26-$26
Total Functional Expenses$90,115$48,224$0$138,339

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$138,339
Total Expenses per Audited Statements$138,339
Total Expenses per Form 990$138,339
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$392,652
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of the organization is vinfen corporation.

Form 990, Part VI, Section A, Line 7A

The sole member, vinfen corporation, has the power to appoint and/or remove the board members of the organization.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by vinfen finance staff and reviewed by its controller and chief financial officer. All directors are provided a copy and given an opportunity to respond prior to submission to the irs.

Form 990, Part VI, Section B, Line 12C

Vinfen corporation distributes the conflict of interest policy and disclosure annually or bi-annually to directors, officers, and key employees and reviews the responses for potential conflicts. The conflict of interest policy covers all directors of vinfen corporation and its affiliated entities, as well as the senior management (the interdepartmental counsel or "idc") at vinfen corporation and affiliates. The general counsel reviews the disclosure forms to determine which directors or idc members have disclosed a potential conflict. For potential board conflicts, the chairperson of the board of directors appoints a committee of directors (with no reportable conflicts) to review the details of any reported potential conflict and/or proposed business transactions. The committee then makes a recommendation for approval by the full board, which is voted on only by those directors with no reportable transactions. For potential conflicts by idc members, the ceo appoints a committee of idc members (with no reportable conflicts) to review the details of any reported potential conflicts and proposed business transactions. The committee then makes a recommendation for approval by the executive team, which is voted on only by those executive team members with no reportable transactions.

Form 990, Part VI, Section C, Line 19

Vinfen corporation and affiliates make their governing documents, conflict of interest policy, form 990, and financial statements available to the public upon request, by paper or e-mail, for the same period of disclosure as set forth in section 6104(d). The form 990 without schedule b is available via candid, formerly known as guidestar, and the office of the massachusetts attorney general's website.

Filing and Contact Details

Filer

Filer Name
Garden Street Apartments Inc
EIN
04-3233283
Phone
6174411800
Address
950 CAMBRIDGE STREET, CAMBRIDGE, MA 02141-1001

Signing Officer

Name
Jean Yang
Title
Director, President
Phone
6174411800
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Yang
Formed
1994
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Rsm US Llp
Address
80 CITY SQUARE, BOSTON, MA 02129
Preparer
Lynne Johnson
Phone
6179129000
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Tenant security deposits totaling $2,673 held in escrow accounts.

PART X, LINE 2:

Garden street apartments ("gsa") is qualified under section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes. Gsa is subject to federal and state income taxes on unrelated income, if any. Gsa follows the fasb guidance, accounting for uncertainty in income taxes, which clarifies the accounting for uncertainty in income taxes by prescribing the recognition threshold a tax position is required to meet before being recognized in the financial statements. It also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Management believes that gsa has no material uncertainties in income taxes. With few exceptions, gsa is no longer subject to income tax examinations by the federal, state or local tax authorities for three years from the date filed. Gsa will account for interest and penalties related to uncertain tax positions, if any, as part of operating expenses.

PART X, LINE 1:

Due to affiliate - garden street apartments owes $392,652 to vinfen corporation. This advance bears no interest and has no fixed payment terms. Management does not anticipate any payments during the succeeding five years.

Raw XML AppendixShowing 400 of 582 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03933
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015151
IRS990/AccountsReceivableGrp/BOYAmt01147
IRS990/AccountsReceivableGrp/EOYAmt02816
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANNETTE KOVAMEES
IRS990/BooksInCareOfDetail/PhoneNum06174411800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0950 CAMBRIDGE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002141
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0256795
IRS990/CashNonInterestBearingGrp/EOYAmt0247050
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0406
IRS990/CYOtherExpensesAmt0138339
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0125930
IRS990/CYRevenuesLessExpensesAmt0-12003
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0138339
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0126336
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt026308
IRS990/DepreciationDepletionGrp/TotalAmt026308
IRS990/Desc0TO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt03029
IRS990/EscrowAccountLiabilityGrp/EOYAmt02673
IRS990/ExpenseAmt090115
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038115
IRS990/FeesForServicesAccountingGrp/TotalAmt038115
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt026
IRS990/FeesForServicesLegalGrp/TotalAmt026
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010083
IRS990/FeesForServicesManagementGrp/TotalAmt010083
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03256
IRS990/FeesForServicesOtherGrp/TotalAmt03256
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt239.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt339.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt211279
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt336936
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt48097
IRS990/Form990PartVIISectionAGrp/PersonNm0PHILIP A MASON
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL ZINTL
IRS990/Form990PartVIISectionAGrp/PersonNm2JEAN YANG
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNETTE KOVAMEES
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD F SULLIVAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2578761
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3290085
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4123033
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIR. TREAS. & CLERK (AS OF 09/21/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt4FORMER TREASURER & CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0126336
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt010412
IRS990/InsuranceGrp/TotalAmt010412
IRS990/InvestmentIncomeGrp/ExclusionAmt0406
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0406
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0247515
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0602927
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0630582
IRS990/LandBldgEquipCostOrOtherBssAmt0878097
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW-INCOME DISABLED INDIVIDUALS WITH HOUSING IN A SPECIALLY DESIGNED ENVIRONMENT TO MEET THEIR NEEDS AND PROMOTE HEALTH, HAPPINESS AND SECURITY ON A NON-PROFIT BASIS SUFFICIENT TO MAINTAIN AND OPERATE THE HOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0802500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0802500
IRS990/NetAssetsOrFundBalancesBOYAmt0-64180
IRS990/NetAssetsOrFundBalancesEOYAmt0-76183
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-64180
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-76183
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt034024
IRS990/OccupancyGrp/TotalAmt034024
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0269470
IRS990/OtherAssetsTotalGrp/EOYAmt0256224
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt011888
IRS990/OtherExpensesGrp/ProgramServicesAmt14227
IRS990/OtherExpensesGrp/TotalAmt011888
IRS990/OtherExpensesGrp/TotalAmt14227
IRS990/OtherLiabilitiesGrp/BOYAmt0385178
IRS990/OtherLiabilitiesGrp/EOYAmt0392652
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0121
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0121
IRS990/PrincipalOfficerNm0JEAN YANG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075809
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150121
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075809
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150121
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0260
IRS990/PYOtherExpensesAmt0124699
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt099240
IRS990/PYRevenuesLessExpensesAmt0-25199
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0124699
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt099500
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-12003
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0125930
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0406
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0125930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt099240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt099246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt094064
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0103430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0521910
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0406
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0820
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99840
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt0521910
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0125930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt099240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt099246
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt094064
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0103430
IRS990ScheduleA/Total509Grp/TotalAmt0521910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0126336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt099500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt099300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt094115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0103479
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0522730
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0454598
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0247515
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0702113
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0138339
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0158832
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0158832
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0256224
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSETS WHOSE USE IS LIMITED
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017152
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0392652
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0126336
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS TOTALING $2,673 HELD IN ESCROW ACCOUNTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GARDEN STREET APARTMENTS ("GSA") IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. GSA IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED INCOME, IF ANY. GSA FOLLOWS THE FASB GUIDANCE, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT GSA HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, GSA IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE DATE FILED. GSA WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF OPERATING EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DUE TO AFFILIATE - GARDEN STREET APARTMENTS OWES $392,652 TO VINFEN CORPORATION. THIS ADVANCE BEARS NO INTEREST AND HAS NO FIXED PAYMENT TERMS. MANAGEMENT DOES NOT ANTICIPATE ANY PAYMENTS DURING THE SUCCEEDING FIVE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART X, LINE 1:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0630582
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0256224
IRS990ScheduleD/TotalExpensesPerForm990Amt0138339
IRS990ScheduleD/TotalLiabilityAmt0392652
IRS990ScheduleD/TotalRevenuePerForm990Amt0126336
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0126336
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0138339
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0575695
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1287561
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt272916
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt27351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011279
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt136936
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt2746
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt03066
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt12524
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt250117
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEAN YANG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ANNETTE KOVAMEES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RICHARD F SULLIVAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR, PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIR. TREAS. & CLERK (AS OF 09/21/23)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2FORMER TREASURER & CLERK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0590040
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1327021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2131130
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS ARE COMPENSATED BY VINFEN CORPORATION, A CONTROLLING ORGANIZATION. THE BOARD OF DIRECTORS OF VINFEN CORPORATION AND AFFILIATES PERIODICALLY ENGAGES THE SERVICES OF AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO CORPORATE OFFICERS. THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABLE COMPENSATION DATA TO DETERMINE THE COMPENSATION FOR THE OFFICERS PERIODICALLY WITH CONTEMPORANEOUS DOCUMENTATION. RECORDKEEPING OF ALL COMPENSATION DECISIONS EXIST, IN THE FORM OF PERSONNEL ACTION FORMS FOR EVERY COMPENSATION ACTION AFFECTING POSITIONS AT VINFEN CORPORATION.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1RICHARD SULLIVAN, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $49,167 WHICH IS REPORTED IN PART II, COLUMN (B)(III).
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF THE ORGANIZATION IS VINFEN CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER, VINFEN CORPORATION, HAS THE POWER TO APPOINT AND/OR REMOVE THE BOARD MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY VINFEN FINANCE STAFF AND REVIEWED BY ITS CONTROLLER AND CHIEF FINANCIAL OFFICER. ALL DIRECTORS ARE PROVIDED A COPY AND GIVEN AN OPPORTUNITY TO RESPOND PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VINFEN CORPORATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND DISCLOSURE ANNUALLY OR BI-ANNUALLY TO DIRECTORS, OFFICERS, AND KEY EMPLOYEES AND REVIEWS THE RESPONSES FOR POTENTIAL CONFLICTS. THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS OF VINFEN CORPORATION AND ITS AFFILIATED ENTITIES, AS WELL AS THE SENIOR MANAGEMENT (THE INTERDEPARTMENTAL COUNSEL OR "IDC") AT VINFEN CORPORATION AND AFFILIATES. THE GENERAL COUNSEL REVIEWS THE DISCLOSURE FORMS TO DETERMINE WHICH DIRECTORS OR IDC MEMBERS HAVE DISCLOSED A POTENTIAL CONFLICT. FOR POTENTIAL BOARD CONFLICTS, THE CHAIRPERSON OF THE BOARD OF DIRECTORS APPOINTS A COMMITTEE OF DIRECTORS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICT AND/OR PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE FULL BOARD, WHICH IS VOTED ON ONLY BY THOSE DIRECTORS WITH NO REPORTABLE TRANSACTIONS. FOR POTENTIAL CONFLICTS BY IDC MEMBERS, THE CEO APPOINTS A COMMITTEE OF IDC MEMBERS (WITH NO REPORTABLE CONFLICTS) TO REVIEW THE DETAILS OF ANY REPORTED POTENTIAL CONFLICTS AND PROPOSED BUSINESS TRANSACTIONS. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR APPROVAL BY THE EXECUTIVE TEAM, WHICH IS VOTED ON ONLY BY THOSE EXECUTIVE TEAM MEMBERS WITH NO REPORTABLE TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VINFEN CORPORATION AND AFFILIATES MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, BY PAPER OR E-MAIL, FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID, FORMERLY KNOWN AS GUIDESTAR, AND THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7VINFEN CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VINFEN CORPORATION OF FOREST INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.