2023-09-08T08:51:12-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 863807140 THE CONCORD INDEPENDENT FOUNDATION INC CONC 5085175079 56C WINTHROP ST CONCORD MA 01742 ALICE KAUFMAN PRESIDENT 5085175079 2023-09-08 1 ALICE KAUFMAN 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ALICE KAUFMAN 56C WINTHROP ST CONCORD MA 01742 847072 0 X WWW.THECONCORDBRIDGE.ORG X 2021 MA SEE PART III, LINE 1. 7 7 3 7 0 0 0 783545 0 63527 0 0 0 0 0 847072 0 0 0 0 0 38801 0 0 3192 0 62192 0 100993 0 746079 0 808584 0 62505 0 746079 TO CONNECT ALL CONCORD RESIDENTS WITH NEWS THAT IS IMPORTANT TO THEM. THIS MISSION IS ROOTED IN OUR BELIEF THAT GOOD LOCAL JOURNALISM HAS THE POWER TO MAKE COMMUNITY LIFE RICHER AND MORE FULFILLING, AND ALL OF SOCIETY STRONGER. 0 0 88481 63527 THE CONCORD BRIDGE BEGAN PUBLISHING A WEEKLY PRINT AND DIGITAL NEWSPAPER IN OCTOBER OF 2022. THERE ARE VERY ACTIVE EDITORIAL AND LETTERS SECTIONS THAT PROMOTE COMMUNITY ENGAGEMENT AND DIALOG. 88481 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 MA X MELISSA ANTHONY 9788072894 60 DUDLEY STREET MARLBOROUGH MA 01752 X X ALICE KAUFMAN PRESIDENT 40.00 X X 0 0 0 JACK CLYMER TREASURER 5.00 X X 0 0 0 MARGARET BURKE BOARD MEMBER 5.00 X 0 0 0 VIRGINIA MCINTYRE BOARD MEMBER 30.00 X 0 0 0 KATE STOUT BOARD MEMBER 5.00 X 0 0 0 ALAN LIGHTMAN BOARD MEMBER 2.00 X 0 0 0 ANDREW PEDDAR BOARD MEMBER 5.00 X 0 0 0 0 0 0 0 0 0 0 0 X 783545 783545 ADVERTISING (SEE SCHED 900099 63527 63527 63527 847072 63527 0 0 35829 35829 2972 2972 3192 3192 38194 28874 9320 12206 12206 6971 6971 1629 1629 100993 88481 9320 3192 746225 0 62359 0 808584 0 62505 0 62505 X 746079 0 746079 0 808584 746079 0 X 0 1 X 1 0 X 783545 783545 783545 783545 375906 407639 63527 63527 847072 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RIGHT-OF-USE ASSET 62359 62359 OPERATING LEASE LIABILITY 62505 62505 X 847072 0 847072 0 847072 100993 0 100993 0 100993 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2022, CIF HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS. THE FORM 990 WAS REVIEWED BY THE PRESIDENT BEFORE FILING. IT WAS THEN SHARED WITH THE BOARD OF DIRECTORS AND FINALIZED UPON APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, EXECUTIVES, DIRECTORS, AND ALL EMPLOYEES ARE REQUIRED REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. IF A CONFLICT OF INTEREST IS FOUND, THE MATTER IS PRESENTED TO THE BOARD. THE APPLICABLE INTERESTED PERSON MAKES A PRESENTATION AT THE BOARD MEETING, BUT AFTER THE PRESENTATION, HE OR SHE REFRAINS FROM VOTING OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON WHETHER THE CORPORATION SHOULD PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION AND LEAVES THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. AFTER EXERCISING DUE DILIGENCE, THE BOARD DETERMINES WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, WHETHER IT IS FAIR, REASONABLE, AND THE RESULT OF ARM'S-LENGTH BARGAINING, AND WHETHER IT REFLECTS REASONABLE INVESTMENT CRITERIA OR PAYMENTS FOR GOODS AND SERVICES, FURTHERS THE CORPORATION'S PURPOSES AND DOES NOT RESULT IN PRIVATE INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR AN EXCESS BENEFIT TRANSACTION. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE BOARD OR COMMITTEE MAKES ITS DECISION IN WRITING AND ON THE RECORD AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND AVAILABLE BY REQUEST. FORM 990, PART VI, LINES 13 AND 14 THE ORAGNIZATION WAS RECENTLY INCORPORATED AND IS WORKING ON IMPLEMENTING A WHISTLEBLOWER AND DOCUMENT RETENTION POLICY. FORM 990, PART VII, BOARD LIST AND COMPENSATION TO DATE, NO OFFICER OF THE ORGANIZATION RECEIVED COMPENSATION. THE BOARD OF DIRECTORS RAN THE DAY TO DAY ACTIVITIES. FORM 990, PART VIII, LINE 2A GIVEN THE TOWN'S SMALL COMMERCIAL BASE AND ITS DESIRE TO PROTECT AND SUPPORT ITS LOCAL MERCHANTS, ADVERTISING RATES ARE WELL BELOW MARKET, AND ADVERTISERS ARE LIMITED TO THOSE WITH A DIRECT NEXUS WITH THE TOWN. THE ORGANIZATION WILL NOT OFFER SPACE TO REGIONAL AND NATIONAL ACCOUNTS WITHOUT A DIRECT LOCAL LINK. THEREFORE, ADVERSITING HAS BEEN REPORTED AS RELATED INCOME.