2011-05-13T09:57:07-05:00 2010-12-31 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2010-01-01 043036200 ACRE FAMILY CHILD CARE INC ACRE 9789375899 14 KIRK STREET LOWELL MA 018521005 CAROLYN STAFFORD STEIN 9789375899 2011-05-06 1 RAYMOND L ANSTISS JR 9784522500 2011-05-06 2010 2016-03-07 17:11:31Z CAROLYN STAFFORD STEIN 14 KIRK STREET LOWELL MA 01852 4204663 0 X WWW.ACREFAMILY.ORG X 1988 MA ACRE FAMILY CHILD CARE, INC.'S MISSION IS TO HELP WOMEN BUILD SUCCESSFUL HOME-BASED FAMILY CHILD CARE BUSINESSES THAT PROVIDE HIGH QUALITY CHILD CARE RESPONSIVE TO THE NEEDS OF THE GREATER LOWELL COMMUNITY. 14 9 23 5 0 0 3442358 3625204 191747 320160 -41087 46188 0 0 3593018 3991552 0 0 0 0 1025262 1038599 0 0 5607 2628352 2874427 3653614 3913026 -60596 78526 1903034 2100152 367361 431648 1535673 1668504 ACRE FAMILY CHILD CARE INC.'S MISSION IS TO HELP WOMEN BUILD SUCCESSFUL HOME-BASED FAMILY CHILD CARE BUSINESSES THAT PROVIDE HIGH QUALITY CHILD CARE RESPONSIVE TO THE NEEDS OF THE GREATER LOWELL COMMUNITY. 0 0 2888702 319416 ACRE FAMILY CHILD CARE IS IN THE SERVICE OF HELPING LOCAL WOMEN BUILD HOME-BASED FAMILY CHILD CARE BUSINESSES. ACRE PROVIDES TRAINING AND ASSISTANCE IN GETTING LICENSED, CURRICULUM SETUP, PARENT RELATIONS AND THE ACQUISITION OF APPOPRIATE CHILD CARE SUPPLIES AND EQUIPMENT. 509173 744 ACRE PROVIDES TRANSPORTATION FOR CHILDREN TO ESTABLISHED FAMILY BASED CHILDCARE FACILITIES. 3397875 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 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 0 0 1 67 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 14 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X THE ORGANIZATION 9789375899 14 KIRK STREET LOWELL MA 018521005 CAROLYN STAFFORD STEIN 5.00 X X 0 0 0 PATRICIA SULLIVAN TALTY 5.00 X X 0 0 0 SHARON PRIVITERA 5.00 X X 0 0 0 PAT GOLDSTEIN 5.00 X X 0 0 0 ALLYSSA MCCABE 5.00 X 0 0 0 ROSE CASTILLO 5.00 X 49108 0 0 MATT MCLAUGHLIN 5.00 X 0 0 0 BLANCA VALENCIA 5.00 X 56092 0 0 ANGELA MENDONCA 5.00 X 34520 0 0 DARMERY MONTOYA 5.00 X 46152 0 0 THERESA PARK 5.00 X 0 0 0 HEATHER MAKREZ 5.00 X 0 0 0 DORA LEMUS 5.00 X 0 0 0 MARIE ROSE BELLEVUE 5.00 X 4710 0 0 JANELLE PEREZ 5.00 X 0 0 0 SERINA RYDER 5.00 X 0 0 0 ATTLE YOUNG 5.00 X 59867 0 0 KATHLEEN RETICKER 40.00 X 72128 0 21044 322577 0 21044 0 0 0 0 BONILLA INGRIS 32 JENNIFER ROAD LOWELL MA 01854 CHILD CARE PROVIDER 106725 1 3548185 77019 3625204 PARENT FEES & OTHER PR 624410 320160 320160 320160 25249 25249 234050 213111 20939 20939 20939 3991552 320160 0 46188 93172 93172 681371 475107 206264 14042 9502 4540 182183 129869 52314 67831 34445 33386 13750 13750 8671 8671 129493 111355 12538 5600 5494 1139 4355 31450 6096 25347 7 32423 21606 10817 41314 25651 15663 4407 485 3922 2949 2949 6024 6024 39446 36533 2913 17183 10742 6441 PROVIDER CONTRACTS 2394939 2394939 VEHICLE EXPENSES 73425 73194 231 TRAINING & DEVELOPMENT 39429 34632 4797 PROGRAM MATERIALS 17251 17123 128 AGENCY & DEPT EVENTS 8202 5508 2694 8577 3925 4652 3913026 3397875 509544 5607 2563 3457 727123 764089 290094 352962 208 16127 2166 38825 38428 343369 205398 124586 137971 616239 705098 87269 95981 1903034 2100152 259829 295324 6402 9015 101130 127309 367361 431648 X 1535673 1668504 1535673 1668504 1903034 2100152 X 78526 54305 X 0 1 1 X 1 1 X 2750927 3287099 3530491 3442358 3625204 16636079 2750927 3287099 3530491 3442358 3625204 16636079 16636079 40868 58967 49875 -41087 46188 154811 16790890 1285063 0.99080 0.99200 X 87269 10160 1448 95981 76036 12211 978 87269 74211 20000 -17016 1159 76036 1.00000 1 0 10857 7085 3772 332512 198313 134199 137971 3991552 3913026 78526 54305 54305 132831 4037186 54305 54305 3982881 8671 8671 3991552 3904355 0 3904355 8671 8671 3913026 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE FUND IS TO PROVIDE THE ORGANIZATION WITH AN ANNUAL DISTRIBUTION OF UNRESTRICTED SUPPORT IN ACCORDANCE WITH A "SPENDING POLICY" ADOPTED BY THE GREATER LOWELL COMMUNITY FOUNDATION'S BOARD. THE CURRENT SPENDING POLICY ALLOWS FOR AN ANNUAL DISTRIBUTION OF 5% OF THE AVERAGE VALUE OF THE FUND. NO FUNDS WERE DISTRIBUTED FROM THE ENDOWMENT IN 2010 AND 2009. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, INCOME TAXES TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATIONS INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. ROSE CASTILLO MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 1075 GRANT FOR IMPROVEMENTS TO CHILD CARE CENTER. ANGELA MENDONCA MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 2075 GRANTS FOR IMPROVEMENTS TO AND PRE-K CURRICULUM MATERIAL FOR CHILD CARE CTR DARMERY MONTOYA MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 2075 GRANTS FOR IMPROVEMENTS TO AND PRE-K CURRICULUM MATERIAL FOR CHILD CARE CTR BLANCA VALENCIA MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 2075 GRANTS FOR IMPROVEMENTS TO AND PRE-K CURRICULUM MATERIAL FOR CHILD CARE CTR ATTLE YOUNG MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 1075 GRANT FOR IMPROVEMENTS TO CHILD CARE CENTER. MARIE ROSE BELLEVUE SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 4710 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 BLANCA VALENCIA SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 56092 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 DARMERY MONTOYA SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 46152 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 ROSE CASTILLO SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 49108 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 ATTLE YOUNG WAS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD UNTIL NOVEMBER 2010. 59867 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 ANGELA MENDONCA WAS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD UNTIL SEPTEMBER 2010. 23440 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE AUDIT COMMITTEE OF THE BOARD IN MID-APRIL FOR THEIR DETAIL REVIEW. SUBSEQUENTLY AND PRIOR TO FILING, THE COMMITTEE'S SUMMARY CONCLUSIONS ARE REPORTED TO THE FULL BOARD. AT THAT TIME, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A RELATED-PARTY TRANSACTION AND INDEPENDENCE DISCLOSURE QUESTIONNAIRE FORM. RESPONSES ARE THE BASIS FOR APPROPRIATE DISCLOSURE IN ANNUAL FINANCIAL AND COMPLIANCE REPORTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS PERIODICALLY REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINES THE APPROPRIATE ADJUSTMENT TO THE INCUMBENT'S COMPENSATION LEVEL. COMPENSATION LEVELS FOR OTHER KEY EMPLOYEES ARE DETERMINED BY APPLICATION OF A RESPONSIBILITY/COMPENSATION MATRIX APPROVED BY THE EXECUTIVE COMMITTEE/PERSONNEL COMMITTEE AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 DURING REGULAR BUSINESS HOURS, ON REQUEST, ARTICLES OF ORGANIZATION, BY-LAWS, FINANCIAL STATEMENTS (AUDITED) AND SIMILAR DOCUMENTS ARE AVAILABLE TO THE PUBLIC FOR INSPECTION AT THE AGENCY'S OFFICES IN LOWELL, MASSACHUSETTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 54,305.