2013-08-09T08:23:06-05:00 2012-12-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2012-01-01 042103597 MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS MASS 6175227400 350 SOUTH HUNTINGTON AVENUE BOSTON MA 021304803 CARTER J LUKE 6175227400 2013-07-24 1 JOSEPH M GISO CPA MST P00030126 6177610600 2013-07-23 2012 2016-02-24 21:20:13Z CARTER J LUKE 350 SOUTH HUNTINGTON AVENUE BOSTON MA 021304803 94954568 0 X WWW.MSPCA.ORG X 1868 MA PROTECT ANIMALS, RELIEVE THEIR SUFFERING, ADVANCE THEIR HEALTH & WELFARE AND PREVENT CRUELTY. 16 15 559 1200 0 0 12856392 16535619 27944189 29108100 2057282 7460461 1437412 1495240 44295275 54599420 106284 80746 0 0 28406056 27975075 447208 476140 2331020 15165539 15797080 44125087 44329041 170188 10270379 91529944 102383199 30079172 28741623 61450772 73641576 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 30811138 29348720 OUR ANGELL ANIMAL MEDICAL CENTER IN BOSTON TREATED 58,017 ANIMALS IN 2012. EMERGENCY CARE WAS PROVIDED TO 15,184 PATIENTS AT ANGELL BOSTON. 891 ANIMALS WERE SPAYED/NEUTERED. FINANCIAL ASSISTANCE WAS PROVIDED TO 191 FAMILIES. THERE WERE 13,253 SURGERIES PERFORMED, 950 RADIATION THERAPY TREATMENTS GIVEN AND 279 MRI'S PERFORMED. SEVENTY FULL-TIME VETERINARIANS, MANY OF THEM BOARD-CERTIFIED IN VARIOUS SPECIALTIES, PROVIDE CLINICAL EXCELLENCE ENHANCED BY STATE-OF-THE-ART TECHNOLOGIES. ANGELL ANIMAL MEDICAL CENTER HAS EARNED THE ACCREDITATION OF THE AMERICAN ANIMAL HOSPITAL ASSOCIATION, AND STANDS PROUDLY AMONG THE BEST VETERINARY HOSPITALS IN THE NATION. 5956116 19386 1100867 OUR FOUR ANIMAL CARE AND ADOPTION CENTERS TAKE IN AND ADOPT OUT THOUSANDS OF HOMELESS ANIMALS EVERY YEAR - CATS, DOGS, RABBITS, BIRDS, TURTLES, AND ALL KINDS OF SMALL ANIMALS. IN 2012, 8,174 ANIMALS WERE PLACED INTO LOVING HOMES; 10,779 ANIMALS WERE SPAYED/NEUTERED BY ADOPTION CENTER VETERINARIANS; OUR NETWORK OF 576 FOSTER HOMES PROVIDED CARE FOR ANIMALS WHO WERE NOT QUITE READY FOR ADOPTION; 1,386 VOLUNTEERS DONATED THEIR TIME TO HELP WITH ANIMAL CARE, SPECIAL EVENTS AND OFFICE WORK; 1,952 PEOPLE AND THEIR DOGS ATTENDED TRAINING AND AGILITY CLASSES; 525 PEOPLE ATTENDED TRAINING CLASSES FOR EQUINE RESCUE; OUR EQUINE AMBULANCE STAFF TRAVELED TO 8 SPORT HORSE EVENTS THROUGHOUT THE US AND CANADA TO PROVIDE SUPPORT AND MEDICAL CARE FOR HORSES; AND OUR NEVINS SUMMER CAMP PROVIDED AN EDUCATIONAL EXPERIENCE FOR ABOUT 337 SCHOOL CHILDREN. 687 PRESCHOOLERS ATTENDED THE NEW "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. 713441 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 2012, OUR LAW ENFORCEMENT OFFICERS INVESTIGATED 2,086 COMPLAINTS ABOUT ALLEGED ABUSE OR NEGLECT, RESULTING IN 710 WARNINGS; INSPECTED 61,240 ANIMALS AT 3,347 VARIOUS FACILITIES, INCLUDING PET SHOPS, STABLES, FAIRS, AND LIVESTOCK AND POULTRY SITES; PERFORMED 3,187 CASE RE-CHECKS TO ENSURE COMPLIANCE; ACCEPTED THE VOLUNTARY SURRENDER OF 531 ANIMALS; AND MADE 176 COURT APPEARANCES. 277687 61360 OTHER PROGRAM SERVICES:ADVOCACY - OUR ADVOCACY TEAM WORKS TO IMPROVE ANIMAL PROTECTION LAWS AND REGULATIONS. THEIR WORK IS SUSTAINED THROUGH OUR VOLUNTEER ANIMAL ACTION TEAM MEMBERS WHO WRITE LETTERS, MAKE PHONE CALLS, ATTEND LOBBY DAYS AT THE STATE HOUSE, AND MEET WITH LEGISLATORS TO HELP IMPROVE THE LIVES OF ANIMALS.SNAP - OUR SPAY/NEUTER ASSISTANCE PROGRAM (SNAP), AS PART OF AN EFFORT TO MEET THIS CHALLENGE EFFECTIVELY, COLLABORATES WITH THE MASSACHUSETTS VETERINARY MEDICAL ASSOCIATION TO OFFER REDUCED-COST PET STERILIZATION TO LOW-INCOME PET OWNERS BY MEANS OF A DISCOUNT CERTIFICATE REDEEMABLE AT PARTICIPATING VETERINARY PRACTICES. 277687 61360 37758382 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 58 0 1 559 1 0 0 0 0 0 1 1 1 1 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 X X AMY MILLER-FREDERICKS 6175227400 350 SOUTH HUNTINGTON AVENUE BOSTON MA 021304803 HILLERY BALLANTYNE 4.00 X X 0 0 0 GERARD BRANDI 4.00 X X 0 0 0 CATHERINE LILLY 4.00 X X 0 0 0 ELISABETH ALLISON 2.00 X 0 0 0 JOHN G CARBERRY 4.00 X 0 0 0 J ROBERT COLEMAN 2.00 X 0 0 0 LINDSAY COOK 2.00 X 0 0 0 MARK FULLER 2.00 X 0 0 0 SARAH MONACO 4.00 X 0 0 0 JESSICA GIFFORD NIGRELLI 2.00 X 0 0 0 CONNIE NOBLE 2.00 X 0 0 0 WILLIAM PEPIN 2.00 X 0 0 0 STEPHEN ROGERS 2.00 X 0 0 0 CAROLYN THAYER ROSS 4.00 X 0 0 0 BARBARA SCHAYE 2.00 X 0 0 0 LORI SIDMAN 2.00 X 0 0 0 CARTER LUKE 40.00 X X 328323 0 144361 AMY MILLER-FREDERICKS 40.00 X 193982 0 36956 KATHLEEN COLLINS 40.00 X 179128 0 109231 ALICE BRUCE 40.00 X 174075 0 18721 JOSEPH SILVA 40.00 X 166196 0 62736 ANN MARIE MANNING 40.00 X 214991 0 84432 SUE A CASALE 40.00 X 282916 0 11744 ALLEN SISSON 40.00 X 278268 0 112663 NICHOLAS TROUT 40.00 X 266602 0 68898 DOUGLAN BRUM 40.00 X 220108 0 94525 ERIKA DEPAPP 40.00 X 206866 0 54807 2511455 0 799074 43 0 1 0 DAVINCI DIRECT 36 CORDAGE PARK CIRCLE SUITE 339 PLYMOUTH MA 02360 DIRECT MAIL PROFESSIONAL 950313 JAMES GODFROY DBA HAMMERTIME 382 PRIMROSE HILL ROAD DRACUT MA 01826 GENERAL CONTRACTOR 173175 ANTECH DIAGNOSTICS 17672-B COWAN AVENUE IRVINE CA 92614 LAB SERVICES 172037 CRUNCH BRAND 1 THOMPSON SQUARE CHARLESTOWN MA 02129 MARKETING / COMMUNICATIONS 167046 TOSCANA CORPORATION 19 ARROWHEAD DRIVE NANTUCKET MA 02554 GENERAL CONTRACTOR 160730 9 1048549 15487070 1113461 16535619 HEALTH & HOSPITAL SVCS 900099 29108100 29108100 29108100 1604711 1604711 39426929 6518887 38691553 1398513 735376 5120374 5855750 5855750 295585 1048549 264886 30699 30699 123250 196 123054 123054 FARM, CEMETERY & OTHER 900099 1341487 1341487 1341487 54599420 30449587 0 7614214 33246 33246 47500 47500 1739115 696035 750524 292556 21546101 19199914 1610942 735245 556611 479411 52404 24796 2592198 2400330 69436 122432 1541050 1327310 145088 68652 236668 60209 145864 30595 91000 91000 18000 18000 476140 476140 282782 282782 366285 198919 60040 107326 150400 137488 12912 6757234 6636757 106557 13920 181205 114530 63776 2899 2324265 1967565 213261 143439 203674 183409 10738 9527 84025 64726 18850 449 177006 177006 1454473 1288903 145900 19670 368559 292034 70101 6424 PENSION PLAN EXPENSE 1228199 1057850 115634 54715 BANK FEES 1046012 844848 75850 125314 TELEPHONE 253879 216378 29319 8182 BAD DEBT EXPENSE 179803 179803 393611 313217 4567 75827 44329041 37758382 4239639 2331020 X 1341978 1840482 597791 695344 141184 260402 274741 274040 996255 1012602 46941874 19963983 28205119 26977891 47534920 58088686 12262073 12945617 175883 288135 91529944 102383199 2258219 1616571 5480000 4080000 22340953 23045052 30079172 28741623 X 21193616 28620655 5609600 7991222 34647556 37029699 61450772 73641576 91529944 102383199 X 10270379 3315827 -1395402 X 0 1 X 1 0 X 17707938 13676150 12857324 12856392 16535619 73633423 17707938 13676150 12857324 12856392 16535619 73633423 2461103 71172320 1513374 1525528 1374467 1572911 1604712 7590992 81224415 145976386 0.87620 0.82070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85201 75112 160313 41837709 41998022 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 150216 144706 151724 160313 606959 250000 250000 250000 250000 1000000 1500000 78014 73969 79383 85201 316567 X 0 0.00 0 0 1 1 0 0.00 0 40257156 3116779 3384824 1737838 45020921 38818999 3743032 -1176350 1128525 40257156 36408374 322319 3900667 1812361 38818999 36806194 1361058 3183489 4942367 36408374 44894775 2562489 -8179209 2471861 36806194 0.00000 0.82000 0.18000 0 0 259309 259309 36824967 12167330 24657637 95442 8579 86863 8561385 6687450 1873935 1200771 1100624 100147 26977891 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 12945617 F 12945617 LONG TERM LIABILITIES-ACCRUED PENSION COST 17986846 POST RETIREMENT BENEFITS 2744298 CHARITABLE GIFT ANNUITIES 1061282 RETIREMENT AGREEMENTS 877269 INTEREST RATE SWAP 375357 23045052 X 58828080 3315827 1142615 4458442 54369638 229782 229782 54599420 46637276 2538017 2538017 44099259 229782 229782 44329041 EXPLANATION OF CHANGES TO CONSERVATION EASEMENTS: PART II, LINE 3: THE SOCIETY DOES NOT REPORT CONSERVATION EASEMENTS IN ITS REVENUE AND EXPENSE STATEMENT, AND BALANCE SHEET. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE A SOURCE OF INCOME TO SUPPORT VARIOUS PROGRAMS AT THE MSPCA. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 AS ITS ONLY SIGNIFICANT TAX POSITION AND HAS DETERMINED THAT SUCH TAX POSITION DOES 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 264,886. GAMING EXPENSES 196. CHANGE IN FAIR VALUE OF OUTSIDE MANAGED TRUSTS 788,543. GAIN ON INTEREST RATE SWAP 88,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: CURRENT YEAR IMPACT OF CHANGE IN PENSION OBLIGATIONS 2,272,935. FUNDRAISING EXPENSES 264,886. GAMING EXPENSES 196. 0 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 45000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 1500 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 1000 0 0 0 0 0 0 47500 0 47500 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM ANIMAL WELFARE IN TURKEY 45000 WIRE TRANSFER BOOK VALUE EUROPE (INCLUDING ICELAND & GREENLAND) ANIMAL WELFARE PROGRAMS 1500 WIRE TRANSFER BOOK VALUE CENTRAL AMERICA AND THE CARIBBEAN ANIMAL WELFARE PROGRAMS 1000 WIRE TRANSFER BOOK VALUE 3 0 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, 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 FOR THE ALICE MANNING FUND HELD BY THE SOCIETY. UPON REVIEW OF THE REPORTS, THE MSPCA PRESIDENT, PER THE TRUST DOCUMENTS, DETERMINES IF GRANT ASSISTANCE WILL BE PROVIDED. X X X X 1 DAVINCI DIRECT INC 36 CORDAGE PARK CIRCLE SUITE 339 PLYMOUTH MA 02360 PROFESSIONAL FUNDRAISING 0 1766583 1000731 765852 AUTOMOTIVE RECOVERY SERVICES 2 WESTBROOK CORP CTR SUITE 500 WESTCHESTER IL 60154 VEHICLE SOLICITATION PROGRAM 1 111983 33595 78388 1878566 1034326 844240 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 SPRING GALA 401720 257600 144120 16043 33857 300 38689 ANIMAL HALL OF FAME 362700 327800 34900 8400 45027 21614 18 579714 463149 116565 2298 5368 17830 75460 1344134 1048549 295585 2298 29811 96714 300 135763 264886 30699 123250 196 1 1.00000 123250 196 196 123054 MA 1 0 0 0 0.00000 1.00000 AMY MILLER-FREDERICKS 350 SOUTH HUNTINGTON AVE BOSTON MA 02130 0 PER MASSACHUSETTS RULES, ONE MUST OBTAIN A GAMING PERMIT IN THE TOWN IN WHICH THE GAMING ACTIVITIES WILL TAKE PLACE. EACH LOCATION AT THE MSPCA HAS INDIVIDUALS WHO OBTAIN PERMITS IN THEIR CITIES/TOWNS. THERE ARE VARIOUS INDIVIDUALS THAT ARE LISTED ON THE PERMIT AS RESPONSIBLE FOR THE GAMING ACTIVITIES. IT IS OFTEN THE MANAGER OF A LOCATION AND PROJECT COORDINATOR OR IN HEADQUARTERS, A DEVELOPMENT PERSON AND MARKETING INDIVIDUAL. 0 EXPLANATION OF FUNDRAISING PAYMENTS 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 RECIEVE 70% OF NET PROCEEDS, AFTER TOWING, INTERNET ADVERTISING, ADMINISTRATION AND GENERAL SERVICES FEES ARE DEDUCTED. ALL EXPENSES ARE SPECIFICALLY DENOTED IN THE AGREEMENT. TOTAL FUNDRAISING EXPENSES TO ARS AMOUNTED $32,919 AND HAVE BEEN NETTED IN COLUMN (IV) PER IRS INTRUCTIONS. 1 THOMAS J O'CONNOR ANIMAL CONTROL AND ADOPTION CENTER 627 COTTAGE STREET SPRINGFIELD MA 01104 205722841 501(C)(3) 14396 MEDICAL AND ANIMAL WELFARE EXPENSE IN SPRINGFIELD AREA. OPERATION OUTREACH 360 WOODLAND STREET HOLLISTON MA 01746 043368610 501(C)(3) 10000 EDUCATIONAL PROGRAMS IN SCHOOLS IN GA. COMMUNITY FOUNDATION FOR NANTUCKET PO BOX 204 NANTUCKET MA 02554 134316755 501(C)(3) 5000 EQUIPMENT FOR NANTUCKET SAFE HARBORS FOR ANIMALS. 3 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 0 0 1 0 0 0 0 0 CARTER LUKE 323776 0 0 0 4547 0 114792 0 29569 0 472684 0 0 0 AMY MILLER-FREDERICKS 192630 0 0 0 1352 0 6162 0 30794 0 230938 0 0 0 KATHLEEN COLLINS 178071 0 0 0 1057 0 79449 0 29782 0 288359 0 0 0 ALICE BRUCE 171355 0 0 0 2720 0 5248 0 13473 0 192796 0 0 0 JOSEPH SILVA 164658 0 0 0 1538 0 40692 0 22044 0 228932 0 0 0 ANN MARIE MANNING 214071 0 0 0 920 0 53614 0 30818 0 299423 0 0 0 SUE A CASALE 281998 0 0 0 918 0 9660 0 2084 0 294660 0 0 0 ALLEN SISSON 276895 0 0 0 1373 0 88310 0 24353 0 390931 0 0 0 NICHOLAS TROUT 265785 0 0 0 817 0 40917 0 27981 0 335500 0 0 0 DOUGLAN BRUM 219068 0 0 0 1040 0 63639 0 30886 0 314633 0 0 0 ERIKA DEPAPP 206210 0 0 0 656 0 29746 0 25061 0 261673 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. X 21 78388 FAIR MARKET VALUE X 14 406691 FAIR MARKET VALUE X 12 628382 FAIR MARKET VALUE X 6 CARAT DIAMOND AND PLATINUM RING 1 164900 AUCTION SALE 96 0 0 1 THIRD PARTY USE: 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 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 ASSIGNED 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 FOR REVIEW 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 CONSIDER FURNISHING 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF OUTSIDE MANAGED TRUSTS 788,543. GAIN ON INTEREST RATE SWAP 88,990. CURRENT YEAR IMPACT OF CHANGE IN PENSION OBLIGATIONS -2,272,935. TRUST 350 SOUTH HUNTINGTON AVENUE BOSTON MA 02130 046512450 BENEFIT THE MSPCA MA N/A T 98140 3053794 1.00000 0 TRUST 350 SOUTH HUNTINGTON AVENUE BOSTON MA 02130 046113723 BENEFIT THE MSPCA MA N/A T 20814 547193 1.00000 0 TRUST 350 SOUTH HUNTINGTON AVENUE BOSTON MA 02130 BENEFIT THE MSPCA MA N/A T 11782 241971 1.00000 0 TRUST 350 SOUTH HUNTINGTON AVENUE BOSTON MA 02130 BENEFIT THE MSPCA MA N/A T 1091 27073 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0