2023-10-27T15:44:15-05:00 2022-12-31 720136870 BOURGEOIS BENNETT LLC 111 VETERANS BLVD SUITE 1700 METAIRIE LA 70005 990 2022-01-01 237037341 BOY SCOUTS OF AMERICA TRUST FUND #214 BOYS 5048890388 4200 S I-10 SERVICE ROAD W 101 METAIRIE LA 70001 CHRISTOPHER DURIO HANCOCK WHITNEY, TRUSTEE 5048890388 2023-10-25 1 CHRISTOPHER DURIO 999009999 0 PAUL PECHON P01073556 5048314949 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOE T HAYDEN 4200 S I-10 SERVICE ROAD W 101 METAIRIE LA 70001 1094960 0 1761 X N/A X 1965 LA THE TRUST FUND REPRESENTS FUNDS THAT ARE LEGALLY RESTRICTED, AND MANAGED BY A SEPARATE COMMITTEE OF TRUSTEES. INVESTMENT FUNDS ARE RESTRICTED TO ENSURE THAT THE COUNCIL WILL HAVE A PERPETUAL FUND THAT WILL GENERATE INCOME TO BE USED FOR FUTURE OPERATIONS IN THE NEW ORLEANS AREA COUNCIL, BOY SCOUTS OF AMERICA. 6 6 0 5 0 0 1760 3337 0 0 556281 61254 202913 118812 760954 183403 231691 343132 0 0 0 0 0 0 0 0 0 231691 343132 529263 -159729 4705475 3733348 18711 130836 4686764 3602512 THE TRUST FUND MAINTAINS FUNDS THAT ARE LEGALLY RESTRICTED AND MANAGED BY A SEPARATE COMMITTEE OF TRUSTEES. IT ALSO OWNS A BUILDING FROM WHICH RENTAL INCOME IS PRODUCED AND SUBSEQUENTLY INVESTED IN MARKETABLE SECURITIES. 0 0 343132 343132 THE TRUST FUND MAINTAINS FUNDS THAT ARE LEGALLY RESTRICTED AND MANAGED BY A SEPARATE BOARD OF TRUSTEES. IT ALSO OWNS A BUILDING FROM WHICH RENTAL INCOME IS PRODUCED AND SUBSEQUENTLY INVESTED IN MARKETABLE SECURITIES. 343132 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 X NANCY ALLEN 5048890388 4200 S I-10 SERVICE RD METAIRIE LA 70001 BILL METCALF BOARD MEMBER 0.50 X 0 0 0 DONALD T BOLLINGER BOARD MEMBER 0.50 X 0 0 0 JIM LETTEN BOARD MEMBER 0.50 X 0 0 0 CHARLES NELSON CHAIRMAN - BOARD MEMBER 0.50 X 0 0 0 FRANK STEWART BOARD MEMBER 0.50 X 0 0 0 KEN PICKERING BOARD MEMBER 0.50 X 0 0 0 HANCOCK WHITNEY BANK TRUSTEE 0.50 X 21611 0 0 21611 0 0 0 0 0 0 0 3337 3337 20971 20971 374624 255832 118792 118792 118792 696008 655725 40283 40283 40283 OTHER REVENUE 900099 20 20 20 183403 61274 0 118792 343132 343132 343132 343132 0 0 1463081 280071 33143 23993 37278 7883 9052 1821698 896417 904149 925281 2239656 2409336 57563 48337 4705475 3733348 1375 110500 17336 20336 18711 130836 X 4133952 3065802 552812 536710 4686764 3602512 4705475 3733348 X -159729 -346891 -577632 X 0 1 X 1 0 X X X 1 SOUTHEAST LOUISIANA COUNCIL BOY SCOUTS OF AMERICA 720408954 7 1 343132 0 1 343132 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 4686764 3337 -1087589 3602512 4267291 1760 417713 4686764 4065902 1600 199789 4267291 3655833 7850 402219 4065902 3995964 8566 -348697 3655833 0.85100 0.14900 0.00000 0 1 1 453050 453050 1368648 896417 472231 925281 MARKETABLE SECURITIES 2409336 F 2409336 CUSTODIAN ACCOUNT 20336 20336 X -181892 -346891 255832 -91059 -90833 274236 274236 183403 324728 255832 255832 68896 274236 274236 343132 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO ENSURE THAT THE COUNCIL WILL HAVE A PERPETUAL FUND THAT WILL GENERATE INCOME TO BE USED FOR FUTURE OPERATIONS IN THE NEW ORLEANS AREA COUNCIL, BOY SCOUTS OF AMERICA. PART X, LINE 2: ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2022 AND 2021, MANAGEMENT OF THE COUNCIL BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COUNCIL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. TAX YEARS ENDED DECEMBER 31, 2019 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 255,832. PART XI, LINE 4B - OTHER ADJUSTMENTS: ANNUAL DISTRIBUTION 274,236. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 255,832. PART XII, LINE 4B - OTHER ADJUSTMENTS: ANNUAL DISTRIBUTION 274,236. 1 SOUTHEAST LOUISIANA COUNCIL BOY SCOUTS OF AMERICA 4200 S I-10 SERVICE ROAD W METAIRIE LA 70001 720408954 501(C)(3) 274236 68896 FAIR MARKET VALUE FMV OF OFFICE SPACE ANNUAL TRANSFER OF FUNDS FROM THE TRUST TO OPERATING ENTITY OF THE BOY SCOUTS TO SUPPORT OPERATIONS IN THE NEW ORLEANS AREA BY THE BOY SCOUTS OF AMERICA. PART I, LINE 2: ONLY ASSISTANCE PROVIDED IS FOR THE BOY SCOUTS OF AMERICA OPERATING ACTIVITIES. THIS IS MONITORED YEARLY AND AGREED UPON BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED AND GIVEN TO THE SCOUT EXECUTIVE AND THE AUDIT COMMITTEE, OF THE SOUTHEAST LOUISIANA COUNCIL BOY SCOUTS OF AMERICA, TO REVIEW BEFORE THE 990 IS FILED. AFTER THE RETURN IS FILED, A COPY OF FORM 990 IS SENT TO THE NATIONAL OFFICE. FORM 990, PART VI, SECTION B, LINE 12C ON A REGULAR BASIS, THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY AS INDICATED IN COUNCIL BY-LAWS. ACTIVE EMPLOYEES RECEIVE AND INDICATE THAT THEY HAVE RECEIVED THE STAFF EMPLOYEE MANUAL WITH A CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE BOY SCOUTS OF AMERICA TRUST FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER TO OPERATING FUND -577,632. SOUTHEAST LOUISIANA COUNCIL BOY SCOUTS OF AMERICA 4200 S I-10 SERVICE ROAD W METAIRIE LA 70001 720408954 THE COUNCIL CONDUCTS VARIOUS PROGRAMS FOR YOUTH AND THEIR FAMILIES LA 501(C)(3) 7 N/A 0 NATIONAL BOY SCOUTS OF AMERICA FOUNDATION 1325 WEST WALNUT HILL LANE IRVING TX 75038 752675978 TO FINANCIALLY SUPPORT THE MISSION, VALUES, AND PROGRAMS OF THE BOY SCOUTS O TX 501(C)(3) 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 SOUTHEAST LOUISIANA COUNCIL BOY SCOUTS OF AMERICA B 851868 FAIR MARKET VALUE SOUTHEAST LOUISIANA COUNCIL BOY SCOUTS OF AMERICA J 68896 FAIR MARKET VALUE