2016-06-30T09:59:47-05:00 2015-12-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2015-01-01 042103597 MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS MASS 6175227400 350 SOUTH HUNTINGTON AVENUE BOSTON MA 021304803 CARTER J LUKE CHIEF EXECUTIVE OFFICER 6175227400 2016-06-29 1 JOSEPH M GISO P00030126 6177610600 2016-06-29 2015 2016-09-27 15:27:22Z CARTER J LUKE 350 SOUTH HUNTINGTON AVENUE BOSTON MA 021304803 105034252 0 X WWW.MSPCA.ORG X 1868 MA PROTECT ANIMALS, RELIEVE THEIR SUFFERING, ADVANCE THEIR HEALTH & WELFARE AND PREVENT CRUELTY. 16 15 616 1587 0 0 18366719 19781971 34996963 38470118 2725357 2148217 1561748 1442648 57650787 61842954 216677 494195 0 0 35727344 37445419 465797 479117 2953122 16232392 18441198 52642210 56859929 5008577 4983025 118904629 116202201 32810611 28626433 86094018 87575768 X THE MISSION OF THE MSPCA IS TO PROTECT ANIMALS, RELIEVE THEIR SUFFERING, ADVANCE THEIR HEALTH AND WELFARE, PREVENT CRUELTY AND WORK FOR A JUST AND COMPASSIONATE SOCIETY. 0 0 40693638 377695 38470118 ANGELL ANIMAL MEDICAL CENTERS IN BOSTON AND WALTHAM HAD 68,802 VISITS IN 2015. OF THOSE, 19,915 RECEIVED EMERGENCY CARE, 5,754 UNDERWENT ADVANCED IMAGING (CT, MRI, AND NUCLEAR MEDICINE), AND 1,479 RECEIVED RADIATION TREATMENTS. ANGELL'S 88 DOCTORS, INCLUDING 36 BOARD-CERTIFIED SPECIALISTS, WORK AS A TEAM TO DELIVER HIGH QUALITY GENERAL WELLNESS, EMERGENCY AND SPECIALTY CARE. ANGELL'S BOSTON LOCATION HAS EARNED THE ACCREDITATION OF THE AMERICAN ANIMAL HOSPITAL ASSOCIATION. ANGELL'S BOSTON AND WALTHAM LOCATIONS ARE OPEN FOR EMERGENCIES 24 HOURS OF EVERY DAY OF THE YEAR. 7252031 116500 1508971 EACH YEAR OUR 3 ANIMAL CARE AND ADOPTION CENTERS TAKE IN THOUSANDS OF HOMELESS ANIMALS, CATS, DOGS, HORSES, RABBITS, BIRDS, REPTILES AND A WIDE VARIETY OF SMALL ANIMALS INCLUDING GUINEA PIGS, FERRETS, HAMSTERS, GERBILS, MICE AND RATS. IN 2015, 6,864 ANIMALS WERE PLACED INTO NEW AND LOVING HOMES. OUR NETWORK OF 578 FOSTER HOMES PROVIDED CARE FOR ANIMALS THAT WERE NOT QUITE READY FOR ADOPTION. 1,587 VOLUNTEERS DONATED THEIR TIME TO HELP WITH ANIMAL CARE, SPECIAL EVENTS AND OFFICE WORK. 2,472 PEOPLE ATTENDED TRAINING AND AGILITY CLASSES WITH THEIR DOGS OR SCHEDULED INDIVIDUAL BEHAVIOR CONSULTATIONS. 720 PEOPLE ATTENDED 18 TRAINING CLASSES FOR EQUINE AND LARGE ANIMAL RESCUE. OUR EQUINE AMBULANCE STAFF TRAVELED TO 9 SPORT HORSE EVENTS THROUGHOUT THE US AND CANADA TO PROVIDE SUPPORT AND MEDICAL CARE FOR HORSES. OUR NEVINS SUMMER CAMP PROVIDED AN EDUCATIONAL EXPERIENCE FOR 387 SCHOOL CHILDREN. 740 PRESCHOOLERS ATTENDED THE "LITTLE BOOKWORMS" STORY HOURS IN BOSTON AND AT NEVINS FARM. IN ADDITION TO FINDING HOMES FOR HOMELESS ANIMALS, OUR ADOPTION CENTERS STRIVE TO PROVIDE THEIR SURROUNDING COMMUNITIES WITH ANIMAL-RELATED INFORMATION AND ASSISTANCE IN ORDER TO HELP CREATE A MORE COMPASSIONATE SOCIETY. 815387 OUR MSPCA LAW ENFORCEMENT OFFICERS, FULLY COMMISSIONED BY THE COMMONWEALTH OF MASSACHUSETTS, MEET A HOST OF CHALLENGES EVERY DAY IN THEIR QUEST TO MAKE THIS A BETTER WORLD FOR ANIMALS. DURING 2015, OUR LAW ENFORCEMENT OFFICERS INVESTIGATED 1,864 COMPLAINTS RESULTING IN 607 WARNINGS; PERFORMED 2,938 CASE RE-CHECKS TO ENSURE COMPLIANCE; ACCEPTED THE VOLUNTARY SURRENDER OF 389 ANIMALS; PARTICIPATED IN 518 EDUCATIONAL OR ADVISORY SESSIONS WITH ANIMAL OWNERS AND MADE 153 COURT APPEARANCES. 48761056 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 65 0 1 616 1 0 0 0 0 0 1 1 0 0 0 1 0 X 16 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VI WA WV WI MN NV X X X KIM GAZZOLA CFO 6175227400 350 SOUTH HUNTINGTON AVENUE BOSTON MA 021304803 HILLERY BALLANTYNE DIRECTOR, CHAIR 4.00 X X 0 0 0 JOHN G CARBERRY DIRECTOR, TREASURER 4.00 X X 0 0 0 J ROBERT COLEMAN DIRECTOR 2.00 X 0 0 0 LINDSAY COOK DIRECTOR 4.00 X 0 0 0 LYNN DAYTON DIRECTOR 2.00 X 0 0 0 CHERYL FORTE DIRECTOR 2.00 X 0 0 0 CATHERINE LILLY DIRECTOR 2.00 X 0 0 0 JUDITH MALONE DIRECTOR 4.00 X 0 0 0 SARAH MONACO DIRECTOR 4.00 X 0 0 0 AVI NELSON DIRECTOR 2.00 X 0 0 0 JESSICA GIFFORD NIGRELLI DIRECTOR 2.00 X 0 0 0 CAROLYN THAYER ROSS DIRECTOR 2.00 X 0 0 0 MARK FULLER DIRECTOR 2.00 X 0 0 0 CONSTANCE NOBLE DIRECTOR, CLERK 4.00 X X 0 0 0 FREDERICK H JAMIESON DIRECTOR 2.00 X 0 0 0 BARBARA SCHAYE DIRECTOR 4.00 X 0 0 0 LORI SIDMAN DIRECTOR 2.00 X 0 0 0 CARTER LUKE CHIEF EXECUTIVE OFFICER 40.00 X X 446986 0 161738 ALICE BRUCE VP OF DEVELOPMENT 40.00 X 191801 0 19377 KATHLEEN COLLINS SVP/CHIEF OPERATING OFFICER 40.00 X 228846 0 110078 KIM GAZZOLA VP/CHIEF FINANCIAL OFFICER 40.00 X 173939 0 34621 JOSEPH SILVA VP, STRATEGIC PLANNING 40.00 X 167780 0 50813 ANN MARIE GREENLEAF CHIEF OF STAFF 40.00 X 238032 0 87404 DOUGLAS BRUM INTERNAL MEDICINE VET 40.00 X 251068 0 95115 SUE A CASALE SURGEON 40.00 X 265880 0 10891 ROBERT DANIEL NEUROLOGIST 40.00 X 262903 0 34223 ALLEN SISSON NEUROLOGIST 40.00 X 348417 0 100008 NICHOLAS TROUT SURGEON 40.00 X 245143 0 71163 2820795 0 775431 57 0 1 0 DAVINCI DIRECT 36 CORDAGE PARK CIRCLE SUITE 339 PLYMOUTH MA 02360 DIRECT MAIL PROFESSIONAL 1049477 GREENER U 480 PLEASANT STREET SUITE C300 WATERTOWN MA 02472 ENGINEERING CONSULTANT 454963 ANGEL VIEW CEMETARY 471 WAREHAM STREET MIDDLEBORO MA 02346 CREMATION 297756 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 AUDIT/TAX 201900 SHAWMUT WOODWORKING AND SUPPLY 500 HARRISON AVENUE SUITE 200 BOSTON MA 02118 CONSTRUCTION CONTRACTOR 172570 8 1237865 18544106 1694475 19781971 HEALTH & HOSPITAL SVCS. 900099 38470118 38470118 38470118 1688443 1688443 43344873 42885099 459774 459774 459774 210162 1237865 302829 -92667 -92667 29714 3370 26344 26344 FARM, CEMETERY & OTHER 900099 1508971 1508971 1508971 61842954 39979089 0 2081894 10000 10000 377695 377695 106500 106500 1911415 544029 1156208 211178 27748580 25068041 1544044 1136495 1345589 1146814 138068 60707 4442316 3657135 593651 191530 1997519 1702438 204961 90120 96107 54995 9892 31220 94000 94000 21000 21000 479117 479117 278928 278928 643450 152497 275589 215364 189355 143844 45511 961774 832040 84537 45197 196465 160657 31513 4295 2460845 2292022 137429 31394 192753 181144 9378 2231 116562 96345 19196 1021 158178 158178 2153374 1932466 183527 37381 393880 322775 64306 6799 SUPPLIES 6707607 6707575 32 BANK FEES 967925 854156 36163 77606 PRINTING/PUBLICATIONS 341476 287522 60 53894 EQUIPMENT RENTALS 68368 9875 58493 2399151 2099491 67598 232062 56859929 48761056 5145751 2953122 X 1476038 3000729 5355748 4428936 160826 208902 328368 425524 1101902 800414 53543173 24740377 29542510 28802796 66680861 65827053 13674775 12403551 583601 304296 118904629 116202201 3450161 3688459 62946 241564 3255000 2815000 1820000 24222504 21881410 32810611 28626433 X 31116852 34024154 14769654 12714900 40207512 40836714 86094018 87575768 118904629 116202201 X 4983025 -3196308 -304967 X 0 1 X 1 0 X 12856392 16535619 15401416 18366719 19781971 82942117 12856392 16535619 15401416 18366719 19781971 82942117 1570593 81371524 1572911 1604712 1654734 1859852 1688443 8380652 91322769 169804424 0.89100 0.88510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107423 86007 193430 53713377 53906807 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 160313 169813 185955 193430 709511 250000 250000 250000 250000 1000000 1500000 85201 96675 103884 107423 393183 54977166 5279303 -2834112 3870743 53551614 49635866 7058256 192503 1909459 54977166 45020921 2661481 3503348 1549884 49635866 40257156 3116779 3384824 1737838 45020921 38818999 3743032 -1176350 1128525 40257156 0.76000 0.24000 0 0 285510 285510 36612151 14713242 21898909 1822616 137272 1685344 13578058 8795109 4782949 1244838 1094754 150084 28802796 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 12403551 F 12403551 LONG TERM LIABILITIES-ACCRUED PENSION COST 17213151 POST RETIREMENT BENEFITS 3296580 CHARITABLE GIFT ANNUITIES 719229 RETIREMENT AGREEMENTS 579859 DUE TO RELATED SOCIETIES 72591 21881410 X 57991255 -3196308 1232 -3195076 61186331 278928 377695 656623 61842954 56509505 306199 306199 56203306 278928 377695 656623 56859929 PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE A SOURCE OF INCOME TO SUPPORT VARIOUS PROGRAMS AT THE MSPCA. PART X, LINE 2: THE SOCIETY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE SOCIETY HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS TREATMENT OF RELATED AND UNRELATED INCOME AS ITS ONLY SIGNIFICANT TAX POSITIONS AND HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SOCIETY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS AFTER THE DATE OF FILING, INCLUDING EXTENSIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 302,829. GAMING EXPENSES 3,370. CHANGE IN FAIR VALUE OF OUTSIDE MANAGED TRUSTS -1,271,224. GAIN ON INTEREST RATE SWAP 90,736. CURRENT YEAR IMPACT OF CHANGE IN PENSION OBLIGATIONS 875,521. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED WITH REVENUES 377,695. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 302,829. GAMING EXPENSES 3,370. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED WITH REVENUES 377,695. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION ANIMAL WELFARE GRANTS 106500 0 0 0 0 0 0 106500 0 106500 EUROPE (INCLUDING ICELAND & GREENLAND) ANIMAL WELFARE IN TURKEY 25000 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) ANIMAL WELFARE IN TURKEY 1500 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM ANIMAL WELFARE PROGRAMS 80000 WIRE TRANSFER 3 0 0 0 0 0 0 0 PART I, LINE 2: THE MSPCA RECEIVES ANNUAL FINANCIAL INFORMATION FROM GRANTEES AS WELL AS CORRESPONDENCE AS TO HOW THE GRANTED FUNDS WERE USED IN PREVIOUS YEARS. UPON REVIEW OF THE REPORTS, THE MSPCA CEO DETERMINES IF GRANT ASSISTANCE WILL BE PROVIDED. X X X X X 1 DAVINCI DIRECT INC 36 CORDAGE PARK CIRCLE SUITE 339 PLYMOUTH MA 02360 PROFESSIONAL FUNDRAISING 0 1577942 81336 1496606 AUTOMOTIVE RECOVERY SERVICES 2 WESTBROOK CORP CTR SUITE 500 WESTCHESTER IL 60154 VEHICLE SOLICITATION PROGRAM 1 66515 38664 27851 1644457 120000 1524457 AL AK AZ CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY AR RAISE THE WOOF GALA 684643 597400 87243 3220 13575 44988 120238 WALK FOR ANIMALS 144122 144122 50468 13 619262 496343 122919 3737 29908 1534 440 34721 1448027 1237865 210162 6957 43483 46522 440 205427 302829 -92667 29714 3220 150 1 0.80000 29714 3220 150 3370 26344 MA 1 0 0 0 0.00000 1.00000 ALICE BRUCE 350 SOUTH HUNTINGTON AVE BOSTON MA 02130 0 VARIOUS EMPLOYEES VARIOUS X 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) MSPCA HAS ENTERED INTO AN AGREEMENT WITH AUTOMOTIVE RECOVERY SERVICES, INC. (ARS) TO OPERATE ITS VEHICLE DONATION PROGRAM. ARS WILL ACT ON THE MSPCA'S BEHALF AND THAT ARS ACTIVITIES ARE COVERED BY THE AGREEMENT ARE SUBJECT TO THE MSPCA'S OVERSIGHT. ACCORDINGLY, MSPCA ACTIVELY MONITORS PROGRAM OPERATIONS AND HAS THE RIGHT TO REVIEW ALL CONTRACTS, ESTABLISH RULES OF CONDUCT, CHOOSE OR CHANGE PROGRAM OPERATORS, APPROVE OF OR CHANGE ALL ADVERTISING, AND EXAMINE THE PROGRAM'S BOOKS AND RECORDS. MSPCA WILL RECEIVE 70% OF NET PROCEEDS, AFTER TOWING, INTERNET ADVERTISING, ADMINISTRATION AND GENERAL SERVICES FEES ARE DEDUCTED. ALL EXPENSES ARE SPECIFICALLY DENOTED IN THE AGREEMENT. DURING THE YEAR ENDED DECEMBER 31, 2015, MSPCA REIMBURSED DAVINCI DIRECT, INC. $771,382 FOR MAILING LIST RENTAL, PRINTING, MAILING, AND POSTAGE COSTS. THIS AMOUNT WAS INVOICED BY DAVINCI DIRECT, INC. AND WAS IN ADDITION TO THE PROFESSIONAL FUNDRAISING FEES THAT HAVE BEEN REPORTED ON PART I, COLUMN V. 1 OPERATION OUTREACH 360 WOODLAND STREET HOLLISTON MA 01746 043368610 501(C)(3) 10000 EDUCATIONAL PROGRAMS IN SCHOOLS IN GA. 1 0 FINANCIAL ASSISTANCE 386 377695 PART I, LINE 2: THE MSPCA REQUIRES THE GRANTEES TO PROVIDE A DETAILED LISTING OF EXPENSES IN A PROPOSAL WHICH THE GRANT IS TO SUPPORT. ONCE REVIEWED BY THE DIRECTOR OF APD (OR OTHER MEMBER OF SENIOR MANAGEMENT), FUNDS ARE ISSUED TO COVER EXPENSES. FUNDS ARE ISSUED ONCE INVOICES ARE RECEIVED BY THE MSPCA TO ENSURE THE GRANT IS BEING USED AS INDICATED. X X X X X X 0 0 0 1 0 0 0 1 0 CARTER LUKE CHIEF EXECUTIVE OFFICER 340392 0 100000 0 6594 0 132096 0 29642 0 608724 0 0 0 ALICE BRUCE VP OF DEVELOPMENT 189170 0 0 0 2631 0 5737 0 13640 0 211178 0 0 0 KATHLEEN COLLINS SVP/CHIEF OPERATING OFFICER 226664 0 0 0 2182 0 80857 0 29221 0 338924 0 0 0 KIM GAZZOLA VP/CHIEF FINANCIAL OFFICER 172343 0 0 0 1596 0 5395 0 29226 0 208560 0 0 0 JOSEPH SILVA VP, STRATEGIC PLANNING 165359 0 0 0 2421 0 40867 0 9946 0 218593 0 0 0 ANN MARIE GREENLEAF CHIEF OF STAFF 236794 0 0 0 1238 0 54301 0 33103 0 325436 0 0 0 DOUGLAS BRUM INTERNAL MEDICINE VET 155689 0 93934 0 1445 0 62803 0 32312 0 346183 0 0 0 SUE A CASALE SURGEON 211252 0 54038 0 590 0 10087 0 804 0 276771 0 0 0 ROBERT DANIEL NEUROLOGIST 201398 0 61170 0 335 0 7950 0 26273 0 297126 0 0 0 ALLEN SISSON NEUROLOGIST 229256 0 116547 0 2614 0 88760 0 11248 0 448425 0 0 0 NICHOLAS TROUT SURGEON 190892 0 53285 0 966 0 41080 0 30083 0 316306 0 0 0 PART I, LINE 5 ANGELL ANIMAL MEDICAL CENTER IMPLEMENTED A NEW VARIABLE COMPENSATION PROGRAM BEGINNING JANUARY 1, 2012. THIS PROGRAM COMPENSATES CERTAIN VETERINARY STAFF WITH A BASE PAY AND A VARIABLE PORTION WHICH IS BASED ON EACH INDIVIDUAL'S REVENUE GENERATION AND COMPARISON TO SET GOALS. THE 5 HIGHEST COMPENSATED INDIVIDUALS LISTED ARE ALL VETERINARY STAFF AND WERE PART OF THIS COMPENSATION PLAN. PART I, LINE 7 BONUSES DETERMINED ON A DISCRETIONARY BASIS WERE GIVEN TO EMPLOYEES WITH 25 YEARS OF SERVICE TO THE ORGANIZATION AND TO EMPLOYEES BASED ON PERFORMANCE AND TAKING ON ADDITIONAL RESPONSIBILITIES. X 199 27851 FAIR MARKET VALUE X 36 966407 FAIR MARKET VALUE X 1 700217 FAIR MARKET VALUE 0 0 0 1 PART I, LINE 32B: MSPCA HAS ENTERED INTO AN AGREEMENT WITH AUTOMOTIVE RECOVERY SERVCIES, INC. (ARS) TO OPERATE IT'S VEHICLE DONATION PROGRAM. ARS WILL ACT ON THE MSPCA'S BEHALF AND THAT ARS'S ACTIVITIES ARE COVERED BY THE AGREEMENT ARE SUBJECT TO THE MSPCA'S OVERSIGHT. ACCORDINGLY, MSPCA ACTIVELY MONITORS PROGRAM OPERATIONS AND HAS THE RIGHT TO REVIEW ALL CONTRACTS, ESTABLISH RULES OF CONDUCT,CHOOSE OR CHANGE PROGRAM OPERATORS, APPROVE OF OR CHANGE ALL ADVERTISING, AND EXAMINE THE PROGRAM'S BOOKS AND RECORDS. MSPCA WILL RECEIVE 70% OF NET PROCEEDS, AFTER TOWING, INTERNET ADVERTISING, ADMINISTRATION AND GENERAL SERVICES FEES ARE DEDUCTED. FORM 990, PART VI, SECTION A, LINE 6 THE MSPCA HAS MEMBERS DESIGNATED AS THE BOARD OF OVERSEERS. THE OVERSEERS SHALL HAVE ALL POWERS, RIGHTS AND PRIVILEGES AFFORDED TO "MEMBERS" OF A CORPORATION ORGANIZED UNDER CHAPTER 180 OF THE GENERAL LAWS OF THE COMMONWEALTH OF MASSACHUSETTS, AS AMENDED, INCLUDING WITHOUT LIMITATION THE POWER TO ADOPT BY-LAWS PROVIDING FOR THE INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES AND OTHER AGENTS OF THE SOCIETY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF OVERSEERS, WHICH ARE MEMBERS OF THE MSPCA, ELECT INDIVIDUALS TO SERVE ON THE BOARD OF DIRECTORS FOR THREE-YEAR TERMS AT THE ANNUAL MEETING OF OVERSEERS. FORM 990, PART VI, SECTION B, LINE 11 THE MSPCA FORM 990 IS PREPARED BY THE CONTROLLER AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM IS THEN PRESENTED TO MANAGEMENT FOR THEIR REVIEW. THE FINAL DRAFT OF THE FORM 990 IS THEN PRESENTED TO THE AUDIT COMMITTEE. THE BOARD OF DIRECTORS DELEGATED THE RESPONSIBILITY TO THE AUDIT COMMITTEE TO REVIEW AND TAKE ACTION REGARDING THE FILING OF THE FORM 990. ONCE THE AUDIT COMMITTEE APPROVES THE 990, IT IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE SUBJECT TO AND MUST COMPLY WITH THE MSPCA CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE THE SAME ON AN ANNUAL BASIS. PURSUANT TO THAT POLICY, DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS TO THE CHAIRMAN OF THE BOARD OR THE APPROPRIATE BOARD COMMITTEE (E.G. A FINANCIAL CONFLICT WOULD BE ADDRESSED BY THE AUDIT AND RISK MANAGEMENT COMMITTEE) WHEN THEY BECOME AWARE OF A CONFLICT. IF THE CONFLICT INVOLVES AN OFFICER OR BOARD MEMBER, THAT INDIVIDUAL WOULD BE PROHIBITED FROM PARTICIPATING IN ANY VOTES OR DECISIONS REGARDING THE SITUATION. THE COMMITTEE WOULD THEN DETERMINE THE APPROPRIATE INVESTIGATION AND ACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE. AN INDEPENDENT CONSULTANT IS UTILIZED TO COMPARE MSPCA COMPENSATION WITH THE MARKET FOR SIMILAR POSITIONS. THOSE RESULTS AND ADDITIONAL EXECUTIVE COMPENSATION DATA ARE REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE PRESENTS RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE FOR THEIR APPROVAL. THERE IS CONTEMPORANEOUS DOCUMENTED SUBSTANTIATION OF THE DELIBERATION AND DECISION. COMPENSATION IS DETERMINED BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 THE MSPCA WILL FURNISH FINANCIAL STATEMENTS, POLICY, AND GOVERNING DOCUMENTS TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990 (EXCLUDING 990-T) IS AVAILABLE ON THE SOCIETY'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF OUTSIDE MANAGED TRUSTS -1,271,224. GAIN ON INTEREST RATE SWAP 90,736. CURRENT YEAR IMPACT OF CHANGE IN PENSION OBLIGATIONS 875,521. TRUSTS (4) BENEFIT THE MSPCA MA MSPCA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0