2013-12-18T08:50:48-06:00 2013-04-30 020664148 BURKE & ASSOCIATES CPAS INC 175 DERBY STREET STE 42 HINGHAM MA 02043 990 2012-05-01 046050221 BRAINTREE HISTORICAL SOCIETY INC BRAI 7818481640 31 TENNY ROAD BRAINTREE MA 02184 BLAINE BANKER 7818481640 2013-12-04 1 JAMES M GAMBON CPA P00036686 7817418887 2013-12-04 2012 2016-02-25 16:41:14Z BLAINE BANKER 31 TENNY ROAD BRAINTREE MA 02184 131289 0 X WWW.BRAINTREEHISTORICAL.ORG X 1938 MA HISTORICAL RESEARCH,EDUCATION, AND MAINTENANCE AND PRESERVATION OF THE BIRTHPLACE OF SYLVANUS THAYER. 10 10 0 0 0 0 42506 66590 22455 16759 11340 10505 11363 315 87664 94169 0 0 0 0 0 0 0 0 0 120874 116483 120874 116483 -33210 -22314 2281440 2260865 442872 440528 1838568 1820337 HISTORICAL RESEARCH, EDUCATION, MAINTENANCE AND PRESERVATION OF THE BIRTHPLACE OF SYLVANUS THAYER. 0 0 67743 16832 HISTORICAL RESEARCH AND PRESERVATION OF THAYER BIRTHPLACE AND HISTORIC RELICS OF THE TOWN OF BRAINTREE 67743 1 0 0 0 0 1 0 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 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 BLAIN BANKER 8.00 X X 0 0 0 EDITH WEINBERG 2.00 X X 0 0 0 ALAN WEINBERG 2.00 X 0 0 0 JOHN PELOSE 0.50 X 0 0 0 RICK DURHAM 0.50 X 0 0 0 NACY NECOSIA 0.50 X 0 0 0 RUTH POWELL 0.50 X 0 0 0 MARY FRAJIER 0.50 X 0 0 0 GORDON CAMPBELL 0.50 X 0 0 0 DCE WATSON 0.50 X 0 0 0 MATTHEW MEES 2.00 X 0 0 0 JAMES FAHEY 2.00 X 0 0 0 0 0 0 0 0 0 0 0 7660 29513 29417 66590 PROGRAM AND EVENTS 713990 16759 16759 16759 10432 10432 37181 37108 73 73 73 327 12 315 315 94169 16832 0 10747 6188 6188 821 821 22989 12081 10908 15793 15793 41151 37036 4115 14291 7145 7146 REPAIRS AND MAINTENANCE 9808 8827 981 SPECIAL EVENTS AND PROR 1527 1527 BANK CHARGES 1379 1379 TELEPHONE EXPENSES 1337 134 1203 1199 993 206 116483 67743 48740 0 7212 18711 18678 18666 4488 3390 2195864 579642 1620925 1616222 130966 104717 499171 499159 2281440 2260865 26576 32334 416296 408194 442872 440528 X 1209555 1190785 55596 56146 573417 573406 1838568 1820337 2281440 2260865 -22314 4083 0 X 1 X 0 0 0 X 75269 40268 33348 41881 37430 228196 54009 45523 41498 15301 46234 202565 129278 85791 74846 57182 83664 430761 0 0 0 430761 6917 6805 29402 21740 10505 75369 6917 6805 29402 21740 10505 75369 136195 92596 104248 78922 94169 506130 0.85110 0.86140 0.14890 0.13860 X 0 0 0 0 9220 105425 0 0 X 0 2490429 X X X 0 7732 4245 2756 9220 6324 4200 2792 7732 4075 5066 2817 6324 4571 3072 3568 4075 3625 7077 6131 4571 0 1 1 298719 298719 1831711 529225 1302486 65434 50417 15017 1616222 BENEFICIAL INTEREST IN PERPETUAL TRUST 499159 499159 X 98252 4083 4083 94169 0 94169 116484 0 116484 0 116484 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 31TENNEY 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 XIII 2D OTHER EXPENSES REPRESENT COST OF GOODS SOLD FROM THE GIFT SHOP INVENTORY $114. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013. PART XIII 2D OTHER EXPENSE CONSIST OF COST OF GOODS SOLD RELATED TO GIFT STORE INVENTORY IN THE AMOUNT OF $12. FORM 990, PART VI, SECTION A, LINE 2 THE CLERK OF BRAINTREE HISTORICAL SOCIETY EDITH WEINBERG HAS FAMILY RELATIONSHIP WITH DIRECTOR ALAN WEINBERG. FORM 990, PART VI, SECTION B, LINE 11 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