2016-12-01T07:25:59-06:00 2016-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2015-07-01 203510157 BOSTON MAIN STREETS FOUNDATION BOST 6172473434 136 BROOKLINE AVENUE BOSTON MA 02215 JOEL SKLAR CHAIRMAN 6172473434 2016-11-09 1 STEVEN J COHEN P00747146 6174711120 2016-11-09 2015 2017-02-10 21:41:12Z X JOEL SKLAR 136 BROOKLINE AVENUE BOSTON MA 02215 4751 0 X WWW.BMSFOUNDATION.ORG X 2005 MA TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS. 11 9 0 0 0 0 220301 0 0 0 676 2237 0 2514 220977 4751 46965 135000 0 0 0 0 0 0 0 54596 117131 101561 252131 119416 -247380 740011 473277 34024 14670 705987 458607 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS. 0 0 172500 135000 ALL FUNDS, GRANTS AND CONTRIBUTIONS USED TO SUPPORT THE WORK OF LOCAL, INDEPENDENT CITY OF BOSTON MAIN STREETS NEIGHBORHOOD 501(C)(3) CORPORATIONS. 172500 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X BURT GESSERMAN TREASURER 7817026325 501 PROVIDENCE HIGHWAY NORWOOD MA 02062 X GERI DENTERLEIN TRUSTEE 0.50 X 0 0 0 SHEILA A DILLON TRUSTEE 0.50 X 0 0 0 JENNIFER EFFRON TRUSTEE 0.50 X 0 0 0 BURTON R GESSERMAN TREASURER 0.50 X X 0 0 0 CHRIS GEDRICH TRUSTEE 0.50 X 0 0 0 DANIEL E ROTTENBERG SECRETARY 0.50 X X 0 0 0 KARL SEIDMAN TRUSTEE 0.50 X 0 0 0 TED TYE TRUSTEE 0.50 X 0 0 0 ADAM WEINER TRUSTEE 0.50 X 0 0 0 ANNA COLTON TRUSTEE 0.50 X 0 0 0 ESMAEL ANSARI TRUSTEE 0.50 X 0 0 0 JOEL SKLAR CHAIRMAN 0.50 X X 0 0 0 STEPHEN GILMAN PROGRAM DIRECTOR 0.50 X 0 0 0 RAFAEL CAROBONELL DEPUTY DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 2237 2237 OTHER INCOME 900099 2514 2514 2514 4751 2514 0 2237 135000 135000 2400 2400 58 58 76275 76275 800 800 BAD DEBT EXPENSE 37500 37500 ADMINISTRATIVE EXPENSE 98 98 252131 172500 79631 0 557042 473277 177000 0 5959 0 10 0 740011 473277 9540 7170 24465 7500 19 0 34024 14670 X 705987 458607 705987 458607 740011 473277 -247380 0 X X 0 1 X 1 0 X 327777 264500 435000 220301 0 1247578 327777 264500 435000 220301 1247578 1247578 143 176 463 676 2237 3695 1251273 0.99700 0.99880 X 0 X 14237 12000 12000 2237 2514 2514 4751 261617 12000 12000 249617 2514 2514 252131 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER INCOME PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER EXPENSES 0 FIELDS CORNER MAIN STREET INC 043503663 501(C)(3) 15000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS GREATER GROVE HALL MAIN STREETS INC 260699697 501(C)(3) 30000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS ST MARK'S AREA MAIN STREET INC 043491809 501(C)(3) 30000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS ALLSTON VILLAGE MAIN STREETS INC 043340511 501(C)(3) 25000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS EGLESTON SQUARE MAIN STREETS INC 043323579 501(C)(3) 15000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS BRIGHTON MAIN STREETS INC 043407004 501(C)(3) 5000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS EAST BOSTON MAIN STREETS 043287639 501(C)(3) 5000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS HYDE PARK MAIN STREETS INC 043285976 501(C)(3) 5000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS WASHINGTON GATEWAY MAIN STREET INC 043390412 501(C)(3) 5000 TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS 9 PART I, LINE 2: THE BOARD REQUESTS PROGRESS REPORTS FROM THE MAIN STREET DISTRICTS WHO RECEIVED THE GRANTS. SUBSEQUENT GRANTS CANNOT BE MADE IF THE CURRENT GRANT PROGRAM HAS NOT BEEN COMPLETED. FORM 990, PART VI, SECTION B, LINE 11 THE DOCUMENT IS DISTRIBUTED TO THE BOARD OF DIRECTORS VIA E-MAIL FOR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE WHOSE PURPOSE IS THE OVERSIGHT AND REVIEW OF THE FINANCIAL STATEMENTS AUDITED BY AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.