2024-08-29T19:04:24-05:00 2023-12-31 825448715 SPINELLI CPA PC 146 WEST BOYLSTON DRIVE SUITE 302 WORCESTER MA 01606 990 2023-01-01 042606869 NASHUA VALLEY COUNCIL TRUST FUND #230 NASH 9785343532 394 PLEASANTDALE ROAD RUTLAND MA 01543 MARK BARBERNITZ SCOUT EXECUTIVE 9785343532 2024-08-29 1 1 KAREN SPINELLI P00644492 5083656522 2024-08-29 2023 2024-08-08 14:25:15Z MARK BARBERNITZ 394 PLEASANTDALE ROAD RUTLAND MA 01543 789837 0 X WWW.HEARTOFNEWENGLANDBSA.ORG/ X 1965 MA THE EXECTUIVE BOARD OF HEART OF NEW ENGLAND COUNCIL BOY SCOUTS OF AMERICA, INC., HAS APPROVED THE CREATION AND ESTABLISHMENT OF THE NASHUA VALLEY COUNCIL TRUST FUND, FOR THE BENEFIT OF SCOUTING IN THE TERRITORY COVERED BY THE LOCAL COUNCIL CHARTER. FOR THE GENERAL PURPOSES STATED IN THE ACT OF CONGRESS APPROVED BY JUNE 15, 1916, CREATING THE BOY SCOUTS OF AMERICA. 30 30 0 0 0 0 4800 3100 0 0 119406 135977 85699 88958 209905 228035 127977 58972 0 0 0 0 0 0 0 20553 28993 148530 87965 61375 140070 2807512 3225700 0 0 2807512 3225700 X THE EXECTUIVE BOARD OF HEART OF NEW ENGLAND COUNCIL BOY SCOUTS OF AMERICA, INC., HAS APPROVED THE CREATION AND ESTABLISHMENT OF THE NASHUA VALLEY COUNCIL TRUST FUND, FOR THE BENEFIT OF SCOUTING IN THE TERRITORY COVERED BY THE LOCAL COUNCIL CHARTER. FOR THE GENERAL PURPOSES STATED IN THE ACT OF CONGRESS APPROVED BY JUNE 15, 1916, CREATING THE BOY SCOUTS OF AMERICA. 0 0 87965 58972 PROVIDED SUPPORT TO THE PROGRAMS OF THE HEART OF NEW ENGLAND COUNCIL BOY SCOUTS OF AMERICA, INC,, WHOSE MISSION IS TO PREPARE THE YOUNG PEOPLE TO MAKE MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES BY INSTILLING IN THEM THE VALUES OF THE SCOUTH OATH AND LAW. 87965 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 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 0 0 X 30 30 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X CAROLYN TOBIN 9785343532 394 PLEASANTDALE ROAD RUTLAND MA 01543 CHRIS BAKER MEMBER AT LARGE 0.00 1.00 X 0 0 0 AARON LANGLOIS VP ADMINISTRATION 0.00 5.00 X X 0 0 0 JOHN O'MALLEY VP OF MEMBERSHIP STANDARDS 0.00 5.00 X X 0 0 0 TERRY BASS VP FUND DEVELOPMENT 0.00 1.00 X X 0 0 0 DAVID BOSSELAIT EXECUTIVE VICE PRESIDENT 0.00 5.00 X X 0 0 0 MATTHEW CIAMPAGLIA VP OF DISTRICT OPERATIONS 0.00 1.00 X X 0 0 0 KEVIN KEARNEY PRESIDENT 0.00 5.00 X X 0 0 0 KEN KRONLUND MEMBER AT LARGE 0.00 1.00 X 0 0 0 ALAN MALKASIAN VP OF FINANCE 0.00 1.00 X X 0 0 0 CALVIN MOORE MEMBER AT LARGE 0.00 1.00 X 0 0 0 BRANDEN MORRIS MEMBER AT LARGE 0.00 1.00 X 0 0 0 CHRISTOPHER PERA MEMBER AT LARGE 0.00 1.00 X 0 0 0 RICHARD SPURR MEMBER AT LARGE 0.00 1.00 X 0 0 0 CHARLES THOMPSON MEMBER AT LARGE 0.00 1.00 X 0 0 0 PAUL O'RIORDAN VP OF LEGAL AFFAIRS 0.00 1.00 X X 0 0 0 BRIAN ANDERS COUNCIL COMMISSIONER 0.00 1.00 X X 0 0 0 ANDREW BAUER VP PROPERTIES 0.00 1.00 X X 0 0 0 RAJIV DAYAL MEMBER AT LARGE 0.00 1.00 X 0 0 0 ANA MARTINEZ-REYNOLDS MEMBER AT LARGE 0.00 1.00 X 0 0 0 DAN SCOTTI MEMBER AT LARGE 0.00 1.00 X 0 0 0 ROCHELLE RAY VP GOVERNANCE 0.00 1.00 X X 0 0 0 MARK STICKNEY TREASURER 0.00 1.00 X X 0 0 0 TRACY GAGNON MEMBER AT LARGE 0.00 1.00 X 0 0 0 JIM GANLEY MEMBER AT LARGE 0.00 1.00 X 0 0 0 CJ MOORE MEMBER AT LARGE 0.00 1.00 X 0 0 0 JON ALLEN VP OF MARKETING 0.00 1.00 X X 0 0 0 JACK ANDERSON OA YOUTH REP 0.00 1.00 X 0 0 0 CHRIS FOSTER MEMBER AT LARGE 0.00 1.00 X 0 0 0 DONATA MARTIN MEMBER AT LARGE 0.00 1.00 X 0 0 0 ZACH RELLSTAB VP PROGRAM 0.00 1.00 X X 0 0 0 MARK BARBERNITZ SCOUT EXECUTIVE 1.00 40.00 X 0 132945 0 0 132945 0 0 0 0 0 0 3100 3100 89406 89406 608373 561802 46571 46571 46571 RENT 532000 88958 88958 88958 228035 88958 0 135977 58972 58972 28993 28993 87965 87965 0 0 107745 299095 2677751 2902009 22016 24596 2807512 3225700 0 0 X 24965 184929 2782547 3040771 2807512 3225700 2807512 3225700 140070 278118 0 X X 0 1 X 1 0 X X 1 HEART OF NEW ENGLAND COUNCIL BSA 042349692 7 1 58972 0 1 58972 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2807512 92058 385102 58972 3225700 3059463 90499 -214472 127978 2807512 2648447 5025 406376 385 3059463 2482611 8592 242985 85741 2648447 2198388 4580 447341 167698 2482611 0 0 0 X PART V, LINE 4: ENDOWMENT FUNDS REPRESENT PERMANENTLY RESTRICTED CONTRIBUTIONS FOR WHICH THE PRINCIPLE IS INVESTED IN A LONG-TERM INVESTMENT PORTFOLIO. INVESTMENT INCOME IS A TEMPORARILY RESTRICTED REVENUE RESOURCE WHEN EARNED, DETERMINED ACCORDING TO THE GIFT INSTRUMENTS. THE TRUST CAN ALSO APPROPRIATE 4.5% OF THE AVERAGE MARKET VALUE OVER THE PRIOR FIVE YEAR TO SUPPORT HEART OF NEW ENGLAND COUNCIL, BOY SCOUTS OF AMERICA, INC.'S (THE COUNCIL) OPERATIONS. PART X, LINE 2: NASHUA VALLEY COUNCIL TRUST FUND (THE TRUST) ACCOUNTS FOR UNCERTAINITY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINITY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN IN A TAX RETURN, THE TRUST HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITION WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURES IN THE COMBINED FINANCIAL STATEMENTS. THE TRUST'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURIDICATIONS. 0 HEART OF NEW ENGLAND BOY SCOUTS OF AMERICA 394 PLEASANTDALE ROAD RUTLAND MA 01543 042349692 58972 0 HEART OF NEW ENGLAND, BOY SCOUTS OF AMERICA IS IN CHARGE OF THE NASHUA VALLEY COUNCIL TRUST FUND. 1 1 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE BOARD OF HEART OF NEW ENGLAND COUNCIL, BOY SCOUTS OF AMERICA, (THE COUNCIL) SHALL BE THE GOVERNING BODY OF THE CORPORATION AND SHALL MANAGE ITS AFFAIRS. THE EXECUTIVE BOARD SHALL BE THE LOCAL REVIEWING AUTHORITY WITH RESPECT TO MATTERS WITHIN THE SCOUTING MOVEMENT WHICH ARISE IN THE TERRITORY OF THE CORPORATION. THERE SHALL BE AN EXECTUIVE COMMITTEE CONSISTING OF THE PERSONS AND HAVING THE POWERS SPECIFIED BELOW. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THOSE PERSONS WHO ARE THE OFFICERS OF THE CORPORATION, INCLUDING THE SCOUT EXECUTIVE (WHO SHALL HAVE NO VOTE), AND MAY INCLUDE OTHERS APPOINTED BY THE PRESIDENT. THE EXECUTIVE COMMITTEE OF THE EXECUTIVE BOARD SHALL HAVE AND MAY EXERCISE ALL THE NECESSARY POWERS OF THE EXECTUIVE BOARD IN THE MANAGEMENT OF THE CORPORATION DURING THE INTERVALS BETWEEN THE MEETINGS OF THE EXECUTIVE BOARD, BUT IN NO EVENT SHALL THE EXECUTIVE COMMITTEE ACT CONTRARY TO ACTION THEREFORE TAKEN BY THE EXECUTIVE BOARD. MINUTES SHALL BE KEPT OF ALL EXECUTIVE COMMITTEE ACTIONS AND REPORTED. AT THE ENSUING MEETING OF THE EXECUTIVE BOARD FOR ITS APPROVAL. MEETINGS OF THE EXECUTIVE COMMITTEE MAY BE CALLED AT ANY TIME BY THE PRESIDENT AND SHALL BE CALLED BY THE PRESIDENT WITHIN 30 DAYS UPON THE REQUEST OF THREE OR MORE MEMBERS OF THE EXECUTIVE COMMITTEE. IT SHALL BE THE GENERAL PRACTICES OF THE EXECUTIVE COMMITTEE TO MEET IN THOSE MONTHS IN WHICH THE EXECUTIVE BOARD DOES NOT MEET. ALL MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE HELD ON AT LEAST 3 DAYS WRITTEN NOTICE BY FAX OR ELECTRONIC MAIL. A MAJORITY OF THE VOTING MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM. FORM 990, PART VI, SECTION A, LINE 2 ON THE BOARD THERE ARE TWO MEMBERS AT LARGE WHO ARE RELATED AS FATHER AND SON. FORM 990, PART VI, SECTION A, LINE 6 THE EXECUTIVE BOARD OF HEART OF NEW ENGLAND BOY SCOUTS OF AMERICA, INC. (THE COUNCIL), HAVING ESTABLISHED AND CREATED THE NASHUA VALLEY COUNCIL TRUST FUND, (THE FUND), SHALL BE ITS GOVERNING BODY. THE COUNCIL HAS THE POWER TO APPOINT AND DISCHARGE THE TRUSTEE AS IT DEEMS APPROPIATE AND, SUBJECT TO THE PROVISIONS OF THE CHARTER, BYLAWS, AND RULES AND REGULATIONS OF THE BOY SCOUTS OF AMERICA, GIVES BROAD POWERS TO THE TRUSTEES, AS ENUMERATED IN THE AGREEMENT OF TRUST, TO THE ADMINSTER OF THE FUND. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE MEMBERS MAY ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE MEMBERS OF THE COUNCIL MAY ELECT MEMBERS-AT-LARGE, REGULAR MEMBERS OF THE EXECUTIVE BOARD, AND OFFICERS OF THE COUNCIL OTHER THAN THE SCOUT EXECUTIVE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION AND ITS GOVERNING BOARD WERE PROVIDED WITH A DRAFT OF THE FORM 990 FOR THEIR REVIEW BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT LEAST ONCE A YEAR, THE TRUST FOLLOWS THE POLICY OF THE COUNCIL WHICH IS TO DISTRIBUTE A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORMS TO ITS OFFICERS, DIRECTORS AND PROFESSIONAL EMPLOYEES. THE COVERED PERSONS ARE REQUIRED TO COMPLETE AND SIGN THE CERTIFICATION AND DISCLOSURE FORM, WHICH IS RETAINED IN THE COUNCIL FILES. THE CERTIFICATION AND DISCLOSURE FORMS ARE REVIEWED NO LESS THAN ANNUALLY BY THE SCOUT EXECUTIVE AND TREASURER. ADDITIONALLY, THE COUNCIL COMPLIES AND MAINTAINS A LIST OF POTENTIALLY CONFLICTED ENTITIES AND INDIVIDUALS. PROPOSED TRANSACTIONS ARE THEN MATCHED AGAISNT THE LIST AS A MEANS OF IDENTIFYING POSSIBLE CONFLICTS. THE SCOUT EXECUTIVE IS ULTIMATELY RESPONSIBLE FOR MAINTAINING THE LIST AND SCREENING FOR POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE HEART OF NEW ENGLAND COUNCIL MAKES ALL DOCUMENTS AVAILABLE FOR REVIEW AT THE COUNCIL SERVICE CENTER DURING NORMAL BUSINESS HOURS, BETWEEN 8:30 AM - 4:30 PM, MONDAY THROUGH FRIDAY BY APPOINTMENT. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. HEART OF NEW ENGLAND BOY SCOUTS OF AMERICA INC 394 PLEASANTDALE ROAD RUTLAND MA 01543 042349692 OVERSEEING THE NASHUA VALLEY COUNCIL TRUST FUND MA 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HEART OF NEW ENGLAND COUNCIL BSA B 58972 GRANT AMOUNT