efile Public Visual Render
ObjectId: 202103159349305685 - Submission: 2021-11-11
TIN: 04-2681632
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
20
Open to Public Inspection
Name of the organization
DORCHESTER BAY ECONOMIC DEVELOPMENT
CORPORATION
Employer identification number
04-2681632
Part I
Identification of Disregarded Entities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
DB 555 DUDLEY STREET LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
26-0598856
MIXED USE HOUSING PROJECT
MA
376,297
4,695,791
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(2)
DB COMMERCIAL INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
47-2087763
COMMERCIAL DEVELOPMENT
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(3)
DB DUDLEY TERRACE MM LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
81-2511432
MIXED USE HOUSING PROJECT
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(4)
DB LEYLAND LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
84-1789977
REAL ESTATE DEVELOPMENT
MA
5,001
72,535
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(5)
DB PEARL MASTER TENANT LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
46-2807273
MASTER TENANT
MA
1,108,485
10,291,451
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(6)
DB PIERCE PROPERTY SUPPORT CORPORATION
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
84-2663787
REAL ESTATE DEVELOPMENT
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(7)
DUDLEY TERRACE LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3485471
RESIDENTIAL DEVELOPMENT
MA
604,800
267,753
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(8)
INDIGO APARTMENTS LANDOWNER LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
84-3627378
REAL ESTATE DEVELOPMENT
MA
5,961,505
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(9)
INDIGO APARTMENTS MM LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
81-0811662
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(10)
INDIGO BLOCK APARTMENTS LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
81-0823126
RESIDENTIAL REAL ESTATE DEVELOPMENT
MA
19,197,339
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(11)
INDIGO BLOCKER LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
84-3617969
REAL ESTATE DEVELOPMENT
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
(12)
INDIGO MASTER TENANT LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
84-3222914
MASTER TENANT
MA
652,538
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
Part II
Identification of Related Tax-Exempt Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
DORCHESTER BAY NEIGHBORHOOD LOAN FUND INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3473587
LENDING SERVICES FOR LOW-INCOME PROJECTS
MA
501(C)(3)
LINE 7
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
Yes
(2)
DB HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
22-3042334
LOW-INCOME HOUSING DEVELOPMENT
MA
501(C)(3)
LINE 7
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
Yes
(3)
BOSTON HOMEOWNER SERVICES COLLABORATIVE INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
23-7420526
LENDING SERVICES FOR LOW-INCOME PROJECTS
MA
501(C)(3)
LINE 10
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
Yes
(4)
INDIGO SUPPORT CORPORATION
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
84-2663787
LOW-INCOME HOUSING DEVELOPMENT
MA
501(C)(3)
LINE 12D, III-O
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
Yes
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2020
Page 2
Schedule R (Form 990) 2020
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
(1)
150 MAGNOLIA LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3484374
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
-69,184
-1,108,303
No
No
99.990 %
(2)
BRUNSWICK HOLBORN TWO LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-3067463
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(3)
CEYLON FIELD LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3338410
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
825,148
4,981,748
No
No
99.990 %
(4)
COLUMBIA WOOD TWO LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-3067354
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(5)
COTTAGE BROOK APARTMENTS LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
61-1766201
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(6)
COTTAGE BROOK HOUSING LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3154165
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
1,166,538
4,626,668
No
No
99.000 %
(7)
DB PEARL QALICB LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
46-2838749
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
-3,230,611
7,351,081
No
No
95.000 %
(8)
DB UPHAMS LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3299282
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
250,143
3,282,904
No
No
99.000 %
(9)
DUDLEY TERRACE APARTMENTS LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
36-4836696
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(10)
DUDLEY VILLAGE NORTH COMMERCIAL LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-5229416
COMMERCIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
18,737
1,011,209
No
Yes
51.000 %
(11)
DUDLEY VILLAGE NORTH LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-5229824
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(12)
DUDLEY VILLAGE SOUTH LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-5229881
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(13)
GENEVA APARTMENTS LLC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
37-1426384
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(14)
GLENDALE ASSOCIATES LIMITED PARTNERSHIP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3052070
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(15)
PIERCE PROPERTIES LIMITED PARTNERSHIP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-2816598
MIXED RESIDENTIAL-COMMERCIAL PROPERTY
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
-113,074
2,538,504
No
No
99.000 %
(16)
QUINCY HEIGHTS LIMITED PARTNERSHIP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
26-3912482
RESIDENTIAL REAL ESTATE
MA
N/A
N/A
No
No
(17)
WILDER GARDENS LP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3398950
RESIDENTIAL REAL ESTATE
MA
DORCHESTER BAY ECONOMIC DEVELOPMENT CORP
RELATED
667,250
5,987,591
No
No
99.000 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
150 MAGNOLIA CORP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3484373
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-692
49.000 %
Yes
(2)
BRUNSWICK HOLBORN HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
90-0191849
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-771
51.000 %
Yes
(3)
CEYLON FIELD INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3334774
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,105
143,983
79.000 %
Yes
(4)
COLUMBIA WOOD HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
90-0191847
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-771
51.000 %
Yes
(5)
DB COTTAGE BROOK INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
47-4525739
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-787
55.000 %
Yes
(6)
DB INDUSTRIAL INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3251088
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,756
100.000 %
Yes
(7)
DB UPHAMS INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3292805
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,082
79.000 %
Yes
(8)
DBCB HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3154374
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,639
112,400
100.000 %
Yes
(9)
DORCHESTER BAY DEVELOPMENT CORPORATION
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-2808434
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-2,898
100.000 %
Yes
(10)
DUDLEY TERRACE HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3486158
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
51.000 %
No
(11)
DV NORTH HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-5229648
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,091
79.000 %
Yes
(12)
DV SOUTH HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
20-5229749
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,091
79.000 %
Yes
(13)
GLENDALE PROPERTIES INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-2960667
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,426
15,690
100.000 %
Yes
(14)
QHI HOUSING INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
26-3931153
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-729
-957,337
51.000 %
Yes
(15)
SISTER CLARA MUHAMMED COOPERATIVE CORP
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
51-0444516
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-717
51.000 %
Yes
(16)
WILDER GARDENS INC
594 COLUMBIA ROAD
DORCHESTER
,
MA
02125
04-3398787
PROJECT DEVELOPMENT
MA
DORCHESTER BAY EDC
C
-1,288
234,573
79.000 %
Yes
Schedule R (Form 990) 2020
Page 3
Schedule R (Form 990) 2020
Page
3
Part V
Transactions With Related Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
Yes
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
Yes
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
Yes
d
Loans or loan guarantees to or for related organization(s)
............................
1d
Yes
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
Yes
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
Yes
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
No
o
Sharing of paid employees with related organization(s)
............................
1o
No
p
Reimbursement paid to related organization(s) for expenses
............................
1p
No
q
Reimbursement paid by related organization(s) for expenses
............................
1q
No
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
Yes
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
CEYLON FIELD LP
L
374,407
FAIR VALUE
(2)
WILDER GARDENS LP
L
876,604
FAIR VALUE
(3)
DORCHESTER BAY NEIGHBORHOOD LOAN FUND
B
653,807
FAIR VALUE
(4)
DB HOUSING INC
B
270,989
FAIR VALUE
(5)
DUDLEY TERRACE APARTMENTS LLC
L
381,588
FAIR VALUE
(6)
150 MAGNOLIA LP
A
90,115
FAIR VALUE
Schedule R (Form 990) 2020
Page 4
Schedule R (Form 990) 2020
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2020
Page 5
Schedule R (Form 990) 2020
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. (see instructions).
Return Reference
Explanation
Schedule R (Form 990) 2020
Additional Data
Software ID:
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