2019-03-14T13:10:51-05:00 2018-04-30 020664148 BURKE & ASSOCIATES CPAS INC 300 LEDGEWOOD PL STE 200 ROCKLAND MA 02370 990 2017-05-01 046050221 BRAINTREE HISTORICAL SOCIETY INC BRAI 7818481640 31 TENNY ROAD BRAINTREE MA 02184 BLAINE BANKER TREASURER 7818481640 2019-02-26 1 JAMES M GAMBON CPA P00036686 7817418887 2019-02-26 96.70.246.129 2019-02-26 11:20:07 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D1E8AD063F2E6C92B1B9A5F23728EE1C9C72932D 2017 2019-02-21 02:37:17Z AZIZ KARSAN 31 TENNY ROAD BRAINTREE MA 02184 93703 0 X WWW.BRAINTREEHISTORICAL.ORG X 1938 MA HISTORICAL RESEARCH,EDUCATION, AND MAINTENANCE AND PRESERVATION OF THE BIRTHPLACE OF SYLVANUS THAYER. 14 14 0 0 0 0 53125 52399 13305 12581 -325 452 17946 28176 84051 93608 0 0 0 0 0 0 0 0 0 157319 165836 157319 165836 -73268 -72228 2119891 2059189 523947 535474 1595944 1523715 HISTORICAL RESEARCH, EDUCATION, MAINTENANCE AND PRESERVATION OF THE BIRTHPLACE OF SYLVANUS THAYER. 0 0 98467 12581 HISTORICAL RESEARCH AND PRESERVATION OF THAYER BIRTHPLACE AND HISTORIC RELICS OF THE TOWN OF BRAINTREE 98467 1 1 0 0 0 1 0 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X THE ORGANIZATION 7818481640 31 TENNEY ROAD BRAINTREE MA 02184 X JOHN DENNEHY DIRECTOR 0.50 X 0 0 0 GAIL BURNS DIRECTOR 0.50 X 0 0 0 RICHARD DURHAM DIRECTOR 0.50 X 0 0 0 CHRISTOPHER BARNEY DIRECTOR 0.50 X 0 0 0 ROBERT HARRIS DIRECTOR 0.50 X 0 0 0 NANCY NICOSIA DIRECTOR 0.50 X 0 0 0 TOM KENT DIRECTOR 0.50 X 0 0 0 JAMES MANGANELLO DIRECTOR 0.50 X 0 0 0 CHRISTOPHER GRIFFIN DIRECTOR 0.50 X 0 0 0 RUTH POWELL DIRECTOR 0.50 X 0 0 0 CHRISTINE MCLNTYRE PRESIDENT 2.00 X 0 0 0 CHERYL ELGAR VICE PRESIDENT 2.00 X 0 0 0 AZIZ KASAN TREASURER 8.00 X 0 0 0 EDITH WEINBERG CLERK 2.00 X 0 0 0 CYNTHIA MANGANELLO CORRESPONDING SECRETARY 2.00 X 0 0 0 MARY FRAZIER ACTING PAST-PRESIDENT & CURATOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 4260 22694 25445 52399 PROGRAMS AND EVENTS 713990 12581 12581 12581 452 452 27600 0 27600 27600 27600 671 95 576 576 93608 12581 0 28628 18487 18487 7079 7079 1134 1021 113 20807 14565 6242 17816 17816 55721 50149 5572 16932 8466 8466 REPAIRS AND MAINTENANCE 15963 14367 1596 SPECIAL EVENTS AND PROR 7769 7769 MISCELLANEOUS EXPENSE 1781 1187 594 TELEPHONE EXPENSES 1427 142 1285 920 801 119 165836 98467 67369 0 129353 123327 8564 8708 3805 4785 2286335 810074 1524320 1476261 453849 446108 2119891 2059189 73524 24276 448123 508898 2300 2300 523947 535474 X 1041779 965488 30956 40956 523209 517271 1595944 1523715 2119891 2059189 -72228 0 X 1 X 0 0 0 X 67914 45721 38120 53125 52399 257279 31045 59647 28765 14068 13252 146777 98959 105368 66885 67193 65651 404056 0 0 0 404056 27353 33847 29124 27269 28052 145645 27353 33847 29124 27269 28052 145645 126312 139215 96009 94462 93703 549701 0.73500 0.76720 0.26500 0.23280 X 11459 109492 0 0 X 0 2613330 X X X 0 11474 0 5 35 11444 9971 1500 3 11474 8466 1500 5 9971 8462 4 8466 9220 3535 4293 8462 0 1 1 298719 298719 1911948 740170 1171778 75668 69904 5764 1476261 BENEFICIAL INTEREST IN PERPETUAL TRUST 443711 GRANT RECEIVABLE 1900 OTHER RECEIVABLES 497 446108 TENANT SECURITY DEPOSIT 2300 2300 X 93703 95 95 93608 0 93608 165931 95 95 165836 0 165836 PART III, LINE 4: THE FOLLOWING ARE THE CURRENT YEAR HISTORICAL STRUCTURE HOLDINGS AND CHANGES IN HISTORICAL STRUCTURE HOLDINGS OF THE ORGANIZATION: THE ORGANIZATION OWNES A HISTORICAL STRUCTURE NOW AS THE SYLVANIA THAYER BIRTHPLACE LOCATED AT 786 WASHINGTON STREET BRAINTREE MA DONATED TO THE ORGANIZATION WITH AN ESTIMATED FAIR VALUE AT THE TIME THE DONATION & IMPROVEMENTS OF $429,506. THE ORGANIZATION OWNS AN HISTORICAL STRUCTURE KNOW AS THE GILBERT BARN/MUSEUM & RENOVATIONS LOCATED AT 31 TENNEY ROAD BRAINTREE MA WITH A COST OF $801,645. THE ORGANIZATION OWNS AN HISTORICAL STRUCTURE & RENOVATIONS KNOWN AS THE FRENCH HOUSE LOCATED AT 766 WASHINGTON STREET BRAINTREE MA DONATED IN 1999 WITH A ESTIMATED FAIR MARKET VALUE OF 530,833. THE ORGANIZATION OWNS AN HISTORICAL STRUCTURE KNOWN AS THE GALLIVAN HOUSE LOCATED AT 776 WASHINGTON STREET BRAINTREE MA PURCHASE FOR $691,997 IN 2005. THIS PROPERTY WAS PARTIALLY FINANCED WITH A $450,000 NOTE AND $33,500 LOAN FROM THE THAYER BIRTHPLACE ENDOWMENT TRUST (THE "ENDOWMENT TRUST"), WHICH THE ORGANIZATION IS THE SOLE BENEFICIARY. DURING THE YEAR ENDED APRIL 30, 2009 THE ORGANIZATION TRANSFERRED THIS PROPERTY TO THE BRAINTREE HISTORICAL SOCIETY THAYER BIRTHPLACE NOMINEE TRUST (THE"NOMINEE TRUST") IN EXCHANGE FOR 48% BENEFICIAL INTEREST IN THE NOMINEE TRUST. THE ENDOWMENT TRUST RECEIVED 52% BENEFICIAL INTEREST IN THE NOMINEE TRUST IN EXCHANGE FOR THE SECOND MORTGAGE ON THE PROPERTY IN THE AMOUNT OF $450,000 DUE FROM THE ORGANIZATION. IN APRIL 2004 THE TOWN OF BRAINTREE MA DONATED A HISTORICAL STRUCTURE KNOWN AS THE MARY BEAN CUNNINGHAM RESEARCH CENTER/LIBRARY LOCATED AT 85 QUINCY AVE BRAINTREE MA VIA A 99 YEAR LEASE AND WAS RECORDED AS A CAPITAL LEASE AND DONATION ESTIMATD FAIR VALUE OF 815,000. IN DECEMBER 2008 THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH THE TOWN OF BRAINTREE MA TO TERMINATE THE 99 YEAR LEASE AND RETURN THE PROPERTY TO THE TOWN. AS A RESULT THE ORGANIZATION REPORTED A LOSS FOR THE YEAR ENDED APRIL 30, 2009 ON THE CAPITAL LEASE AND RENOVATIONS ABANDONMENT OF $766,943. PART V, LINE 4: THE ENDOWMENT TRUST FUNDS WAS CREATED AND SHALL OPERATE EXCLUSIVELY FOR CHARITABLE, HISTORICAL OR EDUCATIONAL PURPOSES IN THE TOWN OF BRAINTREE, MA AND MORE PARTICULAR FOR THE BENEFIT OF THE BRAINTREE HISTORICAL SOCIETY, INC. OR THE THE GENERAL SYLVANUS THAYER BIRTHPLACE SO LONG AS EITHER SHALL BE IN EFFECTIVE EXISTANCE. PART X, LINE 2: THE COMPANY DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS, PENALTY OR INTEREST FOR THE YEAR ENDED APRIL 30, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD NET TO MERCHANDISING REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD NET TO MERCHANDISING REVENUE SCHEDULE D PART XIII EXPENSE PER FINANCIAL STATEMENT INCLUDES COST OF INVENTORY SOLD IN THE AMOUNT OF $95 WAS NET TO MERCHANDISING REVENUE PER FORM 990. AZIZ KARSAN ROBERT HARRIS OFFICER AND BOARD OF DIRECTOR 27600 RENT SPACE FROM BRAINTREE HISTORICAL SOCIETY 0 RUTH POWELL BOARD OF DIRECTOR 70000 PROMISSORY LOAN TO BRAINTREE HISTORICAL SOCIETY 0 PART X LINE 6 RECEIVABLE FROM RELATED PARTY DURING THE YEARS ENDED APRIL 2018, ONE OF THE COMPANY'S BOARD OF DIRECTORS AND ONE OF THE COMPANY'S OFFICERS RENTED THE COMPANY'S FRENCH HOUSE FOR THEIR LIVING AND OFFICE SPACE. THE COMPANY RECORDED RENT INCOME FROM THESE TWO RELATED PARTIES IN THE AMOUNT OF $27,600 FOR THE YEAR ENDED APRIL 30, 2018 . FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 NEEDS TO BE PROVIDED TO THE DIRECTORS FOR REVIEWING AND THE ORGANIZATION MUST HAVE THE DIRECTORS CONSENT TO FILE THE FORM 990. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION REQUIRES ITS FINANCIAL STATEMENT TO BE REVIEWED BY EXTERNAL AUDITORS TO ENSURE REPORTING IS ACCURATE AND COMPLETE. NO REGULARTORY NEEDS. COPIES OF ALL FILINGS ARE PROVIDED TO THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL, DIVISION OF PUBLIC CHARITIES AND ARE AVAILABLE FOR PUBLIC INSPECTION. THAYER BIRTHPLACE ENDOWMENT TRUST CO DANIEL J CANDURA TRUSTEE 74 WESTON AVE BRAINTREE MA 02184 CHARITABLE, HISTORICAL OR EDUCATIONAL PURPOSES IN THE TOWN OF BRAINTREE, MA MA 501 (C)(3) 0 BRAINTREE HISTORICAL SOCIETY THAYER BIRTHPLACE NOMINEE TRUST 31 TENNEY ROAD BRAINTREE MA 02184 ESTABLISHED TO HOLD REAL PROPERTY LOCATED AT 776 WASHINGTON ST BRAINTREE, MA MA 501 (C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0