2015-08-13T12:07:37-05:00 2014-12-31 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2014-01-01 043212914 SIASCONSET BEACH PRESERVATION FUND INC SIAS 6175493232 PO BOX 2279 NANTUCKET MA 02584 HELMUT WEYMAR VICE PRESIDENT/TREASURER 5086855355 2015-08-10 1 JOHN G MADDEN P00142526 7813564800 2014 2016-02-25 16:41:14Z JOSHUA POSNER PO BOX 2279 NANTUCKET MA 02584 1579828 0 X WWW.SCONSETBEACH.ORG X 1993 MA TO PRESERVE AND MAINTAIN SIASCONSET BEACH IN NANTUCKET, MA. 15 11 1 15 0 0 1305407 1572511 0 0 55 211 23089 7106 1328551 1579828 0 0 0 0 43710 61783 0 0 18535 138428 655406 182138 717189 1146413 862639 2284545 4168097 2147741 3168654 136804 999443 TO REDUCE BEACH EROSION BY PROTECTING AND PRESERVING THE SHORELINE OF SIASCONSET BEACH IN NANTUCKET, MASSACHUSETTS. 0 0 570947 VARIOUS EFFORTS TO REDUCE BEACH EROSION BY PROTECTING AND PRESERVING THE SHORELINE OF SIASCONSET BEACH IN NANTUCKET, MASSACHUSETTS. 570947 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 0 0 1 7 0 1 1 0 0 0 0 0 0 0 0 0 0 X 15 11 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 MA X X JOSHUA POSNER 6175493232 PO BOX 2279 NANTUCKET MA 02584 X JOSHUA POSNER PRESIDENT 18.00 X X 0 0 0 F HELMUT WEYMAR VICE PRESIDENT/TREASURER 7.00 X X 0 0 0 KERMIT ROOSEVELT CLERK 1.00 X X 0 0 0 DOROTHY BAILEY TRUSTEE 0.10 X 0 0 0 NANCY BROLL TRUSTEE 0.10 X 0 0 0 CAROLINE ELLIS TRUSTEE 0.10 X 0 0 0 RICHARD D GREEN TRUSTEE 0.10 X 0 0 0 AMOS B HOSTETTER JR TRUSTEE 3.00 X 0 0 0 ALBERT E LUSSIER JR TRUSTEE 0.10 X 0 0 0 JOHN OSBORN TRUSTEE 0.10 X 0 0 0 BRUCE RITTER TRUSTEE 0.10 X 0 0 0 ELIZABETH SINGER TRUSTEE 0.10 X 0 0 0 THOMAS TUTTLE TRUSTEE 0.10 X 0 0 0 ROBERT WILNER TRUSTEE 0.10 X 0 0 0 DOUGLAS HENDRICKSON VICE PRESIDENT 0.10 X X 0 0 0 0 0 0 0 0 0 0 P & M REIS TRUCKING INC 10 INDUSTRY ROAD NANTUCKET MA 02554 TRUCKING CONTRACTOR 768573 LONGFIN LLC DBA HOLDGATE PARTNERS 1 BARNARD VALLEY ROAD NANTUCKET MA 02554 TRUCKING CONTRACTOR 522957 FISH TEC INC 1016 6TH STREET DAYTONA BEACH FL 32117 GEOTUBES INSTALLATION 327511 EPSILON ASSOCIATES INC 3 CLOCKTOWER PLACE SUITE 250 MAYNARD MA 01754 ENVIRONMENTAL CONSULTING 198868 GOULSTON AND STORRS 400 ATLANTIC AVENUE BOSTON MA 02110 LEGAL PERMITTING 193765 8 1572511 1572511 211 211 MISCELLANEOUS INCOME 900099 7106 7106 7106 1579828 7106 0 211 61783 18535 24713 18535 91263 91263 91279 91279 12167 9717 2450 BEACH PRESERVATION PROJ 445968 445968 MISC OPERATING EXPENSE 9281 9281 COMMUNICATIONS/ STRATEG 5448 5448 717189 570947 127707 18535 620990 407371 48819 48683 11769 2161 3651161 91279 1602967 3559882 0 150000 2284545 4168097 496741 177654 1595000 2660000 56000 331000 2147741 3168654 X 136804 999443 136804 999443 2284545 4168097 862639 0 X 0 1 X 1 0 X 305240 339025 338425 1305407 1572511 3860608 305240 339025 338425 1305407 1572511 3860608 1528766 2331842 597 589 438 55 211 1890 23089 7106 30195 3892693 3892693 0.59900 0.44680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3651161 91279 3559882 3559882 X 1579828 0 1579828 0 1579828 717189 0 717189 0 717189 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN, AND HAD CONCLUDED THAT AS OF DECEMBER 31, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO SUCH EXAMINATIONS HAVE BEEN INITIATED AS OF THE DATE OF THE INDEPENDENT AUDITOR'S REPORT. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. F HELMUT WEYMAR BEACH EROSION PROTECTION X 1690000 1690000 0 1 1 THOMAS TUTTLE BEACH EROSION PROTECTION X 155000 155000 0 1 1 AMOS HOSTETTER BEACH EROSION PROTECTION X 765000 765000 0 1 1 ELIZABETH SINGER BEACH EROSION PROTECTION X 50000 50000 0 1 1 2660000 FORM 990, SCHEDULE L, PART V THE ABOVE LOANS WERE APPROVED BY THE PRESIDENT OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS THE FOLLOWING COMMITTEES IN ADDITION TO THE BOARD OF TRUSTEES, THE GOVERNING BODY: 1. EXECUTIVE COMMITTEE - WHOSE PURPOSE IS TO ACT AS THE BOARD OF TRUSTEES IN BETWEEN MEETINGS FOR THE FULL BOARD. 2. FUNDING COMMITTEE - WHOSE PURPOSE IS TO CREATE STRATEGIES FOR FUNDRAISING AND THEN IMPLEMENT THOSE STRATEGIES. (PLEASE NOTE THAT ALL TRUSTEES ARE INVOLVED IN THE ACTUAL FUNDRAISING). THESE ABOVE-MENTIONED COMMITTEES DO NOT HAVE WRITTEN DOCUMENTATION OF THEIR MEETINGS DURING THE YEAR. ANY SUGGESTIONS OR ACTIONS THAT RESULT FROM COMMITTEE MEETINGS ARE PRESENTED TO THE BOARD OF TRUSTEES AND INCLUDED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 11 ONCE PREPARED, A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 ALL SUCH DOCUMENTS ARE AVAILABLE UPON REQUEST.