2024-03-19T17:58:51-05:00 2023-08-31 043138777 PKF JND PC 400 CROWN COLONY DRIVE SUITE 102 QUINCY MA 02169 990 2022-09-01 041423320 HARVARD CLUB OF BOSTON HARV 6175361260 374 COMMONWEALTH AVENUE BOSTON MA 02215 MICHAEL CRONIN TREASURER 6175361260 2024-03-13 1 MICHAEL CRONIN 999009999 0 ROBERT V DANDROW P00294799 6174220007 2024-03-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARCUS DEFLORIMONTE 374 COMMONWEALTH AVENUE BOSTON MA 02215 19452101 0 X WWW.HARVARDCLUB.COM X 1908 MA THE HARVARD CLUB OF BOSTON SERVES APPROXIMATELY 5,000 MEMBERS AND PROVIDES ROOMS, FOOD AND BEVERAGES, ATHLETIC FACILITIES AND OTHER SERVICES TO FOSTER THE SOCIAL PURPOSES OF THE MEMBERSHIP. THE CLUB HOLDS NUMEROUS FUNCTIONS FOR ITS MEMBERS AND THEIR GUESTS INCLUDING VARIOUS HOLIDAY DINNERS, MONTHLY WINE DINNERS, THE FATHER/DAUGHTER TEA DANCE, THEATRE NIGHTS, AUTHOR SERIES, AND ANNUAL SATURDAY SYMPOSIA FEATURING VARIOUS HARVARD FACULTY AND THROUGH HOSTING MANY GUEST SPEAKERS DISCUSSING A MYRIAD OF THOUGHT PROVOKING TOPICS. 18 18 217 71 1606142 505944 2025286 0 8781452 10048664 3009 551026 -27564 927111 10782183 11526801 0 0 0 0 4065250 4868645 0 0 0 4308533 4912787 8373783 9781432 2408400 1745369 27781718 28967885 17648302 16549296 10133416 12418589 TO BE THE SOCIAL, INTELLECTUAL, AND ATHLETIC HUB OF HARVARD ALUMNI AND OUR AFFILIATED COMMUNITY IN THE GREATER BOSTON AREA. 0 0 HARVARD CLUB OF BOSTON PROVIDES FINE DINING, FAMILY FUNCTIONS, SLEEPING ROOMS AND MEMBER EVENTS AS WELL AS RECREATIONAL, EXERCISE AND AEROBICS PROGRAMS TO ITS FIVE THOUSAND MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 1 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 13 0 217 1 1 1 0 0 0 1 1 471895 2549339 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SARA LAWARE CFO 6175361260 374 COMMONWEALTH AVENUE BOSTON MA 02215 MARCUS DEFLORIMONTE PRESIDENT 4.00 1.00 X X 3444 0 0 SUSAN KENDALL VICE PRESIDENT 4.00 1.00 X X 3444 0 0 JILLIAN E MCGRATH VICE PRESIDENT 4.00 1.00 X X 3926 0 0 EDWARD MATSON SIBBLE JR SECRETARY 4.00 1.00 X X 3444 0 0 MICHAEL CRONIN TREASURER 4.00 1.10 X X 0 0 0 JUAN CARMONA HOUSE COMMITTEE CHAIR 4.00 1.00 X X 3444 0 0 ANTHONY M CONSIGLI DIRECTOR 2.00 1.00 X 0 0 0 CHARLES CORNISH DIRECTOR 2.00 1.00 X 0 0 0 ANDY FREED DIRECTOR 2.00 1.00 X 0 0 0 MICHAEL GAINES DIRECTOR 2.00 1.00 X 0 0 0 MARTIN J GRASSO JR DIRECTOR 2.00 1.00 X 0 0 0 BERNARD HO DIRECTOR UNTIL 4/23 2.00 1.00 X 0 0 0 SARAH C KARMON DIRECTOR EFF. 4/23 2.00 1.00 X 0 0 0 PHILIP LOVEJOY DIRECTOR UNTIL 4/23 2.00 1.00 X 0 0 0 ELIZABETH MICCI DIRECTOR 2.00 1.00 X 0 0 0 DEBBIE MILLIN DIRECTOR EFF. 4/23 2.00 1.00 X 0 0 0 AMY NORTON DIRECTOR 2.00 1.00 X 0 0 0 DAVID RODRIGUEZ DIRECTOR 2.00 1.00 X 0 0 0 JAN SARAGONI DIRECTOR 2.00 1.00 X 0 0 0 COURTNEY SHARPE DIRECTOR 2.00 1.00 X 0 0 0 STEVEN P CUMMINGS GENERAL MANAGER 40.00 X 488119 0 39979 MICHAEL JENKINS CHIEF FINANCIAL OFFICER UNTIL 6/23 40.00 X 232097 0 25811 DEAN MOORE EXECUTIVE CHEF 40.00 X 188982 0 37482 ROGER SCHOFIELD JR ASSISTANT GENERAL MANAGER 40.00 X 151160 0 34702 LISA ARMETTA HUMAN RESOURCES DIRECTOR 40.00 X 146436 0 36060 GLEN BALLARD FACILITIES MANAGER 40.00 X 131619 0 32602 JACQUELINE ANNE DESCHAMPS DIRECTOR OF MEMBERSHIP DEVELOPMENT 40.00 X 126635 0 14407 1482750 0 221043 12 0 1 0 0 MEMBERSHIP DUES 713910 7395149 7395149 ROOMS 721000 1652440 855752 796688 PARKING 812930 580544 567325 13219 ATHLETICS 713940 301831 301831 CLUB EVENTS 713910 85620 85620 33080 33080 10048664 98679 98679 452347 0 452347 452347 452347 8852411 7925300 927111 681902 245209 11526801 9920659 1606142 0 620492 3139909 317103 478242 312899 17679 62842 202855 285473 258666 117303 942706 8621 119873 302352 1097897 29914 BANK & OTHER FEES 385199 OPERATING SUPPLIES 374960 REPAIRS & MAINTENANCE 284965 INCOME TAX EXPENSE 124200 297282 9781432 434330 1779263 4232975 3637541 2589088 2747186 50975 25675 132933 130286 172644 182676 37989092 19966127 18489869 18022965 14001 1678904 2428292 27781718 28967885 1888312 2007606 2869485 2845171 8055273 7633427 4835232 4063092 17648302 16549296 X 10133416 12418589 10133416 12418589 27781718 28967885 X 1745369 539804 X X 0 1 X 1 0 X X 0 857238 857238 26485863 10602530 15883333 6472127 5736826 735301 4173864 3626771 547093 18022965 LIQUOR LICENSE 20285 INVESTMENTS - DEFERRED COMPENSATION 328164 CONSTRUCTION IN PROGRESS 2079843 2428292 DEFERRED COMPENSATION 328164 NET RETIREMENT OBLIGATION 3720786 LEASE LIABILITIES 14142 4063092 19328520 7801719 7801719 11526801 0 11526801 17583151 7925300 7925300 9657851 123581 123581 9781432 PART III, LINE 1A: THE CLUB, OVER THE YEARS, HAS RECEIVED CONTRIBUTIONS OF HISTORIC AND/OR ARTISTIC MATERIALS. THE CLUB HAS NOT CAPITALIZED THESE MATERIALS SINCE THEY ARE HELD AND PRESERVED FOR PUBLIC EXHIBITION IN KEEPING THE CLUB'S EXEMPT PURPOSES AND ARE NOT INTENDED TO BE SOLD. PART III, LINE 4: THE CLUB'S COLLECTION INCLUDES MATERIALS OF HISTORIC AND ARTISTIC NATURE, SUCH AS ANTIQUE FURNITURE AND FIXTURES, PAINTINGS AND BOOKS. THE CLUBHOUSE INCLUDES THESE "COLLECTIONS" IN KEEPING WITH THE CLUB'S EXEMPT PURPOSE BY DISPLAYING THE HISTORY OF THE CLUB. THE "COLLECTIONS" ALSO HELP PROMOTE THE COMMINGLING OF THE CLUB'S MEMBERS FOR SOCIAL, RECREATIONAL OR SIMILAR PURPOSES BY PROVIDING AN APPROPRIATE DECOR AND SETTING FOR SUCH ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,925,300. TAX ON SALE OF LIQUOR LICENSE -123,581. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,925,300. PART XII, LINE 4B - OTHER ADJUSTMENTS: TAX ON SALE OF LIQUOR LICENSE 123,581. X X 0 0 0 STEVEN P CUMMINGS GENERAL MANAGER 359670 0 100000 0 28449 0 10178 0 29801 0 528098 0 0 0 MICHAEL JENKINS CHIEF FINANCIAL OFFICER UNTIL 6/23 146196 0 85000 0 901 0 11770 0 14041 0 257908 0 0 0 DEAN MOORE EXECUTIVE CHEF 161939 0 25840 0 1203 0 8450 0 29032 0 226464 0 0 0 ROGER SCHOFIELD JR ASSISTANT GENERAL MANAGER 120619 0 29560 0 981 0 6350 0 28352 0 185862 0 0 0 LISA ARMETTA HUMAN RESOURCES DIRECTOR 118211 0 27240 0 985 0 6300 0 29760 0 182496 0 0 0 GLEN BALLARD FACILITIES MANAGER 108019 0 22720 0 880 0 5650 0 26952 0 164221 0 0 0 STEVEN P CUMMINGS KEY EMPLOYEE EMPLOYEE LOAN X 120000 25675 0 1 1 25675 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS FOUR CATEGORIES OF MEMBERS: RESIDENT, NON-RESIDENT, LIFE, AND HONORARY. FORM 990, PART VI, SECTION A, LINE 7A THE RESIDENT, NON-RESIDENT, LIFE AND HONORARY MEMBERS ELECT THE BOARD OF GOVERNORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE CHAIRMAN, THE GENERAL MANAGER AND ALL OFFICERS REVIEWED AND APPROVED THE FORM 990 ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AND SIGNED BY EACH DIRECTOR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE IS MADE UP OF THE PRESIDENT, TREASURER AND ONE APPOINTED BOARD MEMBER. THE COMPENSATION COMMITTEE MEETS AT LEAST THREE TIMES A YEAR TO REVIEW AND APPROVE WAGES AND BONUSES FOR THE HIGHEST PAID EMPLOYEES OF THE CLUB. THE COMMITTEE ALSO USES COMPENSATION LEVELS FOR SIMILAR POSITIONS AT COMPARABLE CITY CLUBS. THE CLUB'S SECRETARY DOCUMENTS THE RESULTS AND THE DECISIONS IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT PUBLIC INFORMATION. THE CLUB'S ARTICLES OF ORGANZIATION ARE AVAILABLE IN THE ACCOUNTING OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 539,804. FORM 990, PART XII, LINE 2C: THE CLUB HAS AN AUDIT COMMITTEE WHO ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT PROCESS, AND THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HARVARD CLUB OF BOSTON FOUNDATION 374 COMMONWEALTH AVENUE BOSTON MA 02215 046112005 AWARDING SCHOLARSHIPS TO STUDENTS ATTENDING HARVARD UNIVERSITY MA 501(C)(3) LINE 7 N/A 0 THE HIGGINSON 1908 FOUNDATION INC 374 COMMONWEALTH AVENUE BOSTON MA 02215 814219554 PRESERVATION OF HISTORIC BUILDINGS. ENCOURAGE EDUCATION FOR YOUTH IN BOSTON. MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 THE HIGGINSON 1908 FOUNDATION INC L 183301 ACTUAL AMOUNT PAID HARVARD CLUB OF BOSTON FOUNDATION O 30395 ACTUAL AMOUNT PAID