Organizations Filed Purposes:
TO SUPPORT FAMILY NURTURING CENTER OF MASSACHUSETTS BY FINANCING AND REDEVELOPING ITS FACILITY AND LEASE IT BACK TO FNC, AND TO SUPPORT FNC IN ANY OTHER ALLOWABLE MANNER.
TO OWN AND LEASE REAL ESTATE TO FAMILY NURTURING CENTER OF MASSACHUSETTS, INC.
FNSC WAS CREATED FOR THE SPECIFIC PURPOSE OF REDEVELOPING THE PROPERTY LOCATED AT 200 BOWDOIN STREET IN DORCHESTER, MASSACHUSETTS (THE "PROPERTY") INTO A 12,800 SQUARE FOOT BUILDING (THE "PROJECT") THROUGH A NEW MARKETS TAX CREDIT ("NMTC") FINANCING ARRANGEMENT UNDER SECTION 45D OF THE IRC, AS AMENDED. ON SEPTEMBER 21, 2018, FNC SOLD THE PROPERTY TO FNSC IN CONJUNCTION WITH THE CLOSING OF THE NMTC TRANSACTION. UPON CONSTRUCTION COMPLETION, IN JANUARY 2020 FNC LEASED BACK THE PROPERTY.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Robert L Peabody | DIRECTOR | 1 | $0 |
| Samuel B Knight | DIRECTOR | 1 | $0 |
| Wayne L Workman | DIRECTOR | 1 | $0 |
| Karla Wallace | TREASURER/CLERK | 1 | $0 |
| Taran Grisby | PRESIDENT | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013109349301681_public.xml