2022-04-27T15:54:59-05:00 2019-12-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2019-01-01 042552239 ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC ARME 6173122828 80 BIGELOW AVE WATERTOWN MA 02472 STEVE MESROBIAN TREASURER 6173122828 2022-04-07 1 P00299025 7818626833 2022-04-07 2019 2022-09-23 18:48:47Z X STEVE MESROBIAN 80 BIGELOW AVE WATERTOWN MA 02472 18383194 0 X WWW.ACAAINC.ORG X 1969 MA PRESERVATION AND PROMOTION OF ARMENIAN HERITAGE THROUGH EDUCATION, CULTURAL AND SOCIAL PROGRAMS. PUBLISH WEEKLY ARMENIAN NEWSPAPERS IN THE USA. 7 7 2 0 0 0 251785 359206 0 343051 1551107 9094626 -1140526 348082 662366 10144965 15175 552839 0 0 91112 72243 0 0 241108 793155 520105 899442 1145187 -237076 8999778 4803922 14150031 82774 107700 4721148 14042331 CHARITABLE AND EDUCATIONAL PURPOSES DIRECTED TO THE PRESERVATION AND CONTINUATION OF THE ARMENIAN CULTURAL AND HISTORICAL HERITAGE. 0 0 636801 552839 779559 GENERAL ACTIVITIES TO PROMOTE SOCIAL AND CULTURAL SERVICE TO PEOPLE OF ARMENIAN ORIGIN. 636801 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 2 0 1 2 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 1 0 1 0 0 0 0 0 0 MA X ARMEN KHACHATOURIAN 6173122828 80 BIGELOW AVE WATERTOWN MA 02472 X ANI TCHAGHLASIAN VICE PRESIDENT 2.00 X X 0 0 0 KHAJAG MGRDICHIAN CLERK 1.00 X 0 0 0 JOHN MKRCHJAN DIRECTOR 2.00 X 0 0 0 STEVE MESROBIAN TREASURER 1.00 X 0 0 0 GEORGE AGHJAYAN PRESIDENT 2.00 X X 0 0 0 VALOT ATAKHANIAN DIRECTOR 2.00 X X 0 0 0 SEBOUH HATSAKORDZIAN DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 359206 359206 CRUISE INCOME 900099 288660 288660 OTHER SPECIAL EVENTS 900099 54391 54391 343051 411479 411479 323053 0 323053 323053 323053 7989659 8931717 7970009 268220 19650 8663497 8683147 8683147 MISCELLANEOUS 511110 25029 25029 25029 10144965 368080 0 9417679 552839 552839 53284 23978 13321 15985 12633 12633 6326 2846 1582 1898 35874 35874 73921 73921 58859 16444 24906 17509 18075 18075 81370 81370 3516 3516 33742 33742 REPAIR & MAINTENANCE 101447 26264 75183 SPECIAL EVENTS 49645 49645 UTILITIES 27856 27856 PRINTING 15210 14430 780 20590 20590 1145187 636801 267278 241108 824490 3608564 2384346 185015 140141 130569 40000 490289 364508 381981 125781 1072964 9885102 175000 4803922 14150031 27774 52700 55000 55000 0 82774 107700 X 2268664 11071454 2452484 2970877 4721148 14042331 4803922 14150031 8999778 821405 -500000 0 X 0 1 X 1 0 X 572258 594360 550061 543630 359206 2619515 343051 343051 572258 594360 550061 543630 702257 2962566 30000 55000 85000 0 30000 55000 85000 2877566 103672 92666 139856 133802 734532 1204528 103672 92666 139856 133802 734532 1204528 239482 17280 21089 25029 302880 675930 926508 707197 698521 1461818 4469974 0.64380 0.26950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 94671 1 1 0 0 95240 95240 286652 279216 7436 46663 23558 23105 61734 61734 0 125781 X 10966370 821405 821405 10144965 0 10144965 1145187 0 1145187 0 1145187 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS ALSO EXEMPT FROM INCOME TAX BY THE COMMONWEALTH OF MASSACHUSETTS. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME AT BOTH THE STATE AND FEDERAL LEVELS. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS REVIEWED ITS TAX POSITIONS AND HAS DETERMINED THAT NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED FOR OPEN TAX YEARS THROUGH DECEMBER 31, 2019. 0 ARF EASTERN USA 80 BIGELOW AVENUE WATERTOWN MA 02472 042057659 103270 IN-KIND RENT/PROGRAM SUPPORT ARMENIAN REVIEW INC 80 BIGELOW AVENUE WATERTOWN MA 02472 222515046 15000 PROGRAM SUPPORT ANCA 80 BIGELOW AVENUE WATERTOWN MA 02472 271887269 11600 PROGRAM SUPPORT ALEX SARAFAN MEMBER OPERATION X 60000 55000 0 1 1 55000 FORM 990, PART VI, SECTION A, LINE 8B NO FORMAL BOARD MEETINGS WERE HELD. CHAIRMAN AND TREASURER ARE CLOSELY INVOLVED WITH ALL DECISION MAKING PROCESSES. FORM 990, PART VI, SECTION B, LINE 10B CHAIRMAN AND TREASURER ARE CLOSELY INVOLVED WITH ALL DECISION MAKING PROCESSES FOR THE CHAPTERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE BOARD & TREASURER. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PARTS I, III, IV, VIII, IX, X, XI, XII, SCHEDULES A, D, I & O: AMENDED RETURN: THE ORGANIZATION HAS RESTATED ITS FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2018, FOR TWO ADVANCE PAYMENTS OF $250,000 THAT WERE RECEIVED DURING 2018 AND 2017 RELATED TO THE SALE OF THE NEW YORK PROPERTY DISCLOSED IN NOTE 2(G). THESE DEPOSITS WERE REPORTED AS RENTAL INCOME IN THE YEARS THEY WERE RECEIVED, RATHER THAN AS A LIABILITY AS OF DECEMBER 31, 2018 AND 2017. THE SALE CLOSING OCCURRED IN MARCH 2019. THIS RESTATEMENT AFFECTS THE FOLLOWING ACCOUNT BALANCES AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2018: DECREASES NET ASSETS WITHOUT DONOR RESTRICTIONS, BEGINNING OF YEAR BY $250,000, DECREASES RENTAL INCOME AND NET ASSETS WITHOUT DONOR RESTRICTIONS, END OF YEAR, BY $250,000 EACH, AND INCREASES THE DEFERRED REVENUE LIABILITY ACCOUNT "ADVANCES ON PROPERTY SALE" BY $500,000. THE ORGANIZATION'S AUDIT BY AN INDEPENDENT ACCOUNTANT HAS BEEN COMPLETED WITH THIS AMENDMENT AND SEVERAL REVENUE, EXPENSE, AND BALANCE SHEET ACCOUNTS HAVE BEEN RESTATED. THE ORGANIZATION HAS ALSO AMENDED SCHEDULES A, D, I, AND O. ARMENIAN YOUTH FED YOUTH ORG 80 BIGELOW AVE WATERTOWN MA 02472 208121389 EDUCATE ARMENIAN YOUTH MA 501(C)(3) 0 ARF EASTERN USA INC 80 BIGELOW AVE WATERTOWN MA 02472 042057659 PUBLISH NEWSPAPER MA C CORP 0 ARF EASTERN USA INC 80 BIGELOW AVE WATERTOWN MA 02472 042057659 PUBLISH NEWSPAPER MA C 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 ARF EASTERN USA INC J 36780 FMV ARF EASTERN USA INC B 55000 ACTUAL ARF EASTERN USA INC O 2000 50% OF W-2