Form 990 for tax year 2024
Filed by CHARLES H FARNSWORTH HOUSING CORPORATION.
Totals
- Total revenue
- $703,268
- Total expenses
- $2,960
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $239,025
- Investment income
- $464,243
- Other revenue
- $0
- Total assets, end of year
- $2,341,321
- Total liabilities, end of year
- $956,823
- Net assets or fund balances, end of year
- $1,384,498
- Program services expenses (Part IX)
- $2,960
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,960
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: INVESTMENT IN FARNSWOR
total $239,025 · related or exempt $239,025
-
3 · Investment income
total $464,243 · excluded $464,243
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,935 · program services $2,935
-
13 · Office expenses
total $25 · program services $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $1,239,287
-
9 · Prepaid expenses and deferred charges
end of year $300,000
-
13 · Investments: program-related
beginning of year $573,819
-
14 · Intangible assets
beginning of year $200,044 · end of year $200,044
-
15 · Other assets
beginning of year $586,234 · end of year $601,990
-
17 · Accounts payable and accrued expenses
beginning of year $100,930
-
23 · Secured mortgages and notes payable
beginning of year $371,097 · end of year $354,844
-
25 · Other liabilities
beginning of year $203,880 · end of year $601,979
-
27 · Net assets without donor restrictions
beginning of year $684,190 · end of year $1,384,498
Mission and programs · 2024
Mission
TO PROVIDE CONGREGATE HOUSING FACILITIES FOR THE ELDERLY OF LIMITED MEANS WHO ARE UNABLE TO CARE FOR THEMSELVES.
-
PROVIDED A FACILITY LOCATED IN BOSTON, MA WITH 75 LOW-INCOME HOUSING UNITS TO ELDERLY PERSONS WITH FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, HAPPINESS, AND USEFULNESS IN LONGER LIVING
Expenses $2,960 · Revenue $239,025
As filed on the 2024 return.
Listed in Part VII
-
Dean CollottaDEAN COLLOTTA
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Donald CharskyDONALD CHARSKY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Lisa LewisLISA LEWIS
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Matt O'MalleyMATT O'MALLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter R Fenn EsqPETER R FENN ESQ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Natalya LeshchinerNATALYA LESHCHINER
CFO
- Total calculated
- $0
- Hours/week
- 1
-
Walter RamosWALTER RAMOS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
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FARNSWORTH HOUSE LP
RESIDENTIAL HOUSING · MA · 100% owned · share of income $662,272 · share of assets -$398,099 · general or managing partner
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533149349300813
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