Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 28,627,314 | 658,683 | 22,772,640 | 14,667,987 | 19,438,485 | 86,165,109 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 28,627,314 | 658,683 | 22,772,640 | 14,667,987 | 19,438,485 | 86,165,109 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | 86,165,109 | |||||
Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 28,627,314 | 658,683 | 22,772,640 | 14,667,987 | 19,438,485 | 86,165,109 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 256,924 | 27,206 | 14,012 | 35,614 | 0 | 333,756 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 517,637 | 5,772 | 3,468,636 | 3,225,904 | 170,000 | 7,387,949 |
| 11 | Total support. Add lines 7 through 10 | 93,961,938 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | MISCELLANEOUS - 2017 AMOUNT: $ 517,637. 2018 AMOUNT: $ 5,772. 2019 AMOUNT: $ 1,132,721. 2020 AMOUNT: $ 3,225,904. 2021 AMOUNT: $ 170,000. GAIN/LOSS INVESTMENT IN LPS - 2019 AMOUNT: $ 2,335,915. |
| PART II SECTION A. COLUMN (B) 2018 | THIS COLUMN REFLECTS A SHORT YEAR, OCTBER 2018 - DECEMBER 2018. THIS SHORT YEAR WAS DUE TO THE ORGANIZATION CHANGING FROM A FISCAL YEAR END TO A CALENDAR YEAR END. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | NO MINUTES ARE KEPT OF COMMITTEE MEETINGS; CORPORATE POLICY INVESTS ALL RESPONSIBILITY FOR FINANCIAL AND TAX FILINGS WITH THE CFO. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE TAX MANAGER, CORPORATE CONTROLLER AND CFO. BEFORE SIGNED AND FILED, IT IS ALSO DISTRIBUTED FOR REVIEW TO THE AUDIT AND FINANCE COMMITTEE AS WELL AS ALL MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL WRITTEN CERTIFICATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED BASED ON COMPARABLE DATA. IT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS BASED ON COMPARABLE DATA. THEY ARE REVIEWED AND APPROVED BY THE CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | DECONSOLIDATION OF ENTITIES -2,511. CAPITAL DISTRIBUTIONS -3,505,649. PRIOR YEAR EQUITY CHANGE 817. SEPARATELY STATED PENSION ITEMS 1,698,773. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | 250 CENTRE STREET HOUSING MM LLC C/O THE COMMUNITY BUILDERS, INC. 185 DARTMOUTH STREET, SUITE 900 BOSTON, MASSACHUSETTS 02116 TAXPAYER EIN: 82-3783840 TAX YEAR: DECEMBER 31, 2021 ELECTION PURSUANT TO INTERNAL REVENUE CODE 168(H)(6)(F)(II) THE ELECTION PURSUANT TO SECTION 168(H)(6)(F)(II) MAY BE MADE BY AN ENTITY THAT IS A TAX-EXEMPT CONTROLLED ENTITY. GENERALLY, AN ENTITY IS A TAX-EXEMPT CONTROLLED ENTITY IF IT IS A CORPORATION WHICH IS NOT TAX-EXEMPT AND IF 50% OR MORE OF THE STOCK OF SUCH CORPORATION IS OWNED BY ONE OR MORE TAX- EXEMPT ENTITIES. AN ENTITY MAKING THE ELECTION PURSUANT TO SECTION 168(H)(6)(F)(II) SHALL NOT BE TREATED AS A TAX- EXEMPT ENTITY FOR PURPOSES OF INTERNAL REVENUE CODE SECTIONS 168(H)(5) AND 168(H)(6). ANY GAIN RECOGNIZED BY A TAX-EXEMPT ENTITY ON ANY DISPOSITION OF AN INTEREST IN SUCH ENTITY (AND ANY DIVIDEND OR INTEREST RECEIVED OR ACCRUED BY A TAX-EXEMPT ENTITY FROM SUCH TAX-EXEMPT CONTROLLED ENTITY) SHALL BE TREATED AS UNRELATED BUSINESS TAXABLE INCOME. THE PURPOSE OF THIS ELECTION IS TO TREAT 250 CENTRE STREET HOUSING MM LLC'S ALLOCABLE SHARE OF DEPRECIABLE PROPERTY OWNED BY 250 CENTRE STREET HOUSING LLC IN WHICH 250 CENTRE STREET HOUSING MM LLC HAS AN INVESTMENT AS PROPERTY WHICH IS NOT TAX-EXEMPT USE PROPERTY. 250 CENTRE STREET HOUSING MM LLC IS ENTITLED TO MAKE SUCH ELECTION BECAUSE IT IS A CORPORATION OR HAS ELECTED TO BE TREATED FOR FEDERAL TAX PURPOSES AS AN ASSOCIATION WHICH IS TAXABLE AS A CORPORATION AND IS 100% OWNED BY THE COMMUNITY BUILDERS, INC. 250 CENTRE STREET HOUSING MM LLC HEREBY ELECTS PURSUANT TO INTERNAL REVENUE CODE SECTION 168(H)(6) (F)(II) NOT TO BE TREATED AS A TAX-EXEMPT ENTITY FOR PURPOSES OF APPLYING THE RULES IN INTERNAL REVENUE CODE SECTIONS 168(H)(5) AND 168(H)(6). |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | CHURCH HILL NORTH PHASE 2B MM LLC C/O TCB INC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 83-4200516 FOR THE YEAR ENDING: 12/31/2021 CHURCH HILL NORTH PHASE 2B MM LLC IS 75% OWNED BY THE TAX- EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, CHURCH HILL NORTH PHASE 2B MM LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). CHURCH HILL NORTH PHASE 2B MM LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | CPG PHASE IV GP LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 81-5068181 FOR THE YEAR ENDING DECEMBER 31, 2021 CPG PHASE IV GP LLC IS 70% OWNED BY GBCD PARTNERSHIP SERVICES, INC. WHICH IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, CPG PHASE IV GP LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). CPG PHASE IV GP LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | CPG PHASE V GP LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 81-5086007 FOR THE YEAR ENDING DECEMBER 31, 2021 CPG PHASE IV GP LLC IS 70.00% OWNED THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AND 30.00% OWNED BY THE TAX EXEMPT ENTITY THE MULFORD CORPORATION, AS SUCH, CPG PHASE V GP LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). CPG PHASE V GP LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | OAKWOOD SHORES PERSHING APT MM LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 84-4800083 FOR THE YEAR ENDING DECEMBER 31, 2021 OAKWOOD SHORES PERSHING APT MM LLC IS 70% OWNED BY THE TAX- EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC AND 30% OWNED BY THE TAX-EXEMPT ENTITY, GRANITE MADDEN WELLS RENTAL LLC. AS SUCH, OAKWOOD SHORES PERSHING APT MM LLC IS CONSIDERED A TAX- EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). OAKWOOD SHORES PERSHING APT MM LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | TCB NODA MILL TRS LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 86-3919478 FOR THE YEAR ENDING DECEMBER 31, 2021 TCB NODA MILL TRS LLC IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB NODA MILL TRS, LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB NODA MILL TRS LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX- EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX- EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | TCB NORTH COMMONS AT VILLAGE HILL MM LLC 185 DARTMOUTH STREET, SUITE 900 BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 85-0796670 FOR THE YEAR ENDING: 12/31/21 TCB NORTH COMMONS AT VILLAGE HILL MM LLC IS 79% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB NORTH COMMONS AT VILLAGE HILL MM LLC, IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB NORTH COMMONS AT VILLAGE HILL MM LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX- EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | TCB SOCO LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 61-1822693 FOR THE YEAR ENDING DECEMBER 31, 2021 TCB SOCO LLC IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB SOCO LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB SOCO LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | TCB BEACH 21ST LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 83-1393754 FOR THE YEAR ENDING DECEMBER 31, 2021 TCB BEACH 21ST LLC IS 100% OWNED BY GBCD PARTNERSHIP SERVICES, INC., A TAXABLE CORPORATION. GBCD PARTNERSHIP SERVICES INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB BEACH 21ST LLC, IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB BEACH 21ST LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX- EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | TCB HH LLC 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 82-1017398 FOR THE YEAR ENDING DECEMBER 31, 2021 TCB HH LLC IS 100% OWNED BY GBCD PARTNERSHIP SERVICES, INC., A TAXABLE CORPORATION. GBCD PARTNERSHIP SERVICES INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB HH LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB HH LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX- EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | OAK PARK I HOUSING MM LLC C/O THE COMMUNITY BUILDERS, INC. 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 83-1548705 FOR THE YEAR ENDING DECEMBER 31, 2021 OAK PARK I HOUSING MM LLC IS 79% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, OAK PARK I HOUSING MM LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). OAK PARK I HOUSING MM LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | BERGENVIEW MM LLC C/O THE COMMUNITY BUILDERS, INC. 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 38-4080565 FOR THE YEAR ENDING DECEMBER 31, 2021 BERGENVIEW MM LLC IS 79% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, BERGENVIEW MM LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). BERGENVIEW MM LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) | TCB PARK HAVEN GP LLC C/O THE COMMUNITY BUILDERS, INC. 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 47-5454487 FOR THE YEAR ENDING DECEMBER 31, 2021 TCB PARK HAVEN GP LLC IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB PARK HAVEN GP LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB PARK HAVEN GP LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. |
| PRIVATE LETTER RULING | AURORA ARTS CENTRE NMTC LLC C/O THE COMMUNITY BUILDERS, INC. 185 DARTMOUTH STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 82-2161854 FOR THE YEAR ENDING DECEMBER 31, 2021 AURORA ARTS CENTRE NMTC RECEIVED A PRIVATE LETTER RULING FROM THE IRS STATING THAT THEIR FAILURE TO MAKE THE ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II) ON THEIR ORIGINAL RETURN FOR THE TAX YEAR WAS INADVERTENT AND THAT THE TAXPAYER BE GRANTED AN EXTENSION OF 60 DAYS FROM THE DATE OF THE RULING TO FILE THE ELECTION STATEMENT WITH THE APPROPRIATE SERVICE CENTER. |
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