2024-11-13T14:31:50-06:00 2023-12-31 320025877 ABARE KRESGE & ASSOCIATES CPAS 1200 PLANTATION ISLAND DRIVE ST AUGUSTINE FL 32080 990 2023-01-01 311141389 THE CONSORTIUM OF ENDOWED EPISCOPAL PARI CONS 4155058449 PO BOX 61733 DURHAM NC 27715 JOSEPH SWIMMER EXECUTIVE DIRECTOR 4155058449 2024-11-13 1 1 WILLIAM T ABARE III CPA P00120073 9044600747 2024-11-13 2023 2024-10-15 13:58:12Z JOSEPH SWIMMER PO BOX 61733 DURHAM NC 27715 844416 0 X N/A X 1985 DC TO CELEBRATE, INSPIRE, AND EQUIP ITS MEMBERS FOR EFFECTIVE LEADERSHIP AND STEWARDSHIP. 19 19 1 40 0 0 6500 10000 759323 832878 1195 1538 0 0 767018 844416 0 0 0 0 182348 176172 0 0 69476 621213 726675 803561 902847 -36543 -58431 452543 480916 370127 450731 82416 30185 THE CONSORTIUM IS A DYNAMIC NATIONAL NETWORK OF EPISCOPAL ENTITIES THAT BRINGS ITS MEMBERS TOGETHER IN PERSON AND ELECTRONICALLY FOR DIALOGUE, BEST PRACTICES, AND COLLABORATION IN MINISTRIES. 0 0 719848 832878 THE CONSORTIUM EQUIPS ENDOWED PARISHES FOR EFFECTIVE LEADERSHIP, STEWARDSHIP, AND TRANSFORMATION. FORMED TO BRING TOGETHER CLERGY AND LAY LEADERS FOR DIALOGUE AND COLLABORATION. 719848 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 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 0 0 1 7 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X JOSEPH SWIMMER 4155058449 PO BOX 61733 DURHAM NC 27715 MICHAEL SULLIVAN PRESIDENT 1.00 X X 0 0 0 PEGGY LO VICE PRESIDENT 1.00 X X 0 0 0 ANNE SCHMIDT IMM. PAST PRESIDENT 1.00 X X 0 0 0 FRED STALEY TREASURER 1.00 X X 0 0 0 RICHARD AMMONS SECTRETARY 1.00 X X 0 0 0 GEORGE PLEWS CHANCELLOR 1.00 X 0 0 0 DONNA ASHLEY DIRECTOR 1.00 X 0 0 0 DOMINIC BARRINGTON DIRECTOR 1.00 X 0 0 0 GEORGE BELSHAW DIRECTOR 1.00 X 0 0 0 ELIZABETH BOE DIRECTOR 1.00 X 0 0 0 DOYT L CONN JR DIRECTOR 1.00 X 0 0 0 BEVERLY FFOLKES-BRYANT DIRECTOR 1.00 X 0 0 0 CAITLYN KEITH DIRECTOR 1.00 X 0 0 0 ELIZABETH MARIE MELCHIONNA DIRECTOR 1.00 X 0 0 0 CANON SHANA MP MCCAULEY DIRECTOR 1.00 X 0 0 0 WENDY MAUNEY DIRECTOR 1.00 X 0 0 0 KATHERINE MOOREHEAD CARROLL DIRECTOR 1.00 X 0 0 0 WILLIAM S STANLEY DIRECTOR 1.00 X 0 0 0 JOSEPH SWIMMER EXECUTIVE DIRECTOR 40.00 X 132500 0 33002 132500 0 33002 1 0 1 0 0 10000 10000 CONFERENCE 900099 562528 562528 MEMBERSHIP DUES 900099 270350 270350 832878 1538 1538 844416 832878 0 1538 132500 99375 21200 11925 33002 24752 5280 2970 10670 8003 1707 960 9085 9085 9625 9625 204 204 38800 8820 24688 5292 19339 5525 13814 7115 5337 1138 640 CONFERENCE HOTEL AND ME 326563 326563 CONFERENCE EXPENSES - O 238608 238608 BOARD AND COMMITTEE MEE 68946 35071 33875 CONFERENCE SPEAKERS AND 4972 4972 3418 3418 902847 719848 113523 69476 292749 272167 58620 65913 7058 101174 135778 30397 30397 0 0 452543 480916 3317 16761 366810 433970 370127 450731 X 82416 30185 82416 30185 452543 480916 -58431 6200 0 X X 1 X 0 1 0 X X 1 EPISCOPAL PARISHES 311141389 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 1 THE ORGANIZATION'S SUPPORTED ORGAINIZATIONS ARE THE MEMBERS OF THE ORGANIZATION. PER THE BYLAWS OF THE ORGANIZATION, MEMBERSHIP CONSISTS OF EPISCOPAL CHURCHES WITH ENDOWMENTS, OR A DESIRE TO BUILD AN ENDOWMENT SUBJECT TO THE APPROVAL OF AT LEAST 2/3 OF THE MEMBERS OF THE BOARD OF DIRECTORS. PART IV, SECTION C, LINE 1 THE ORGANIZATION'S BOARD OF DIRECTORS ARE ELECTED BY THE ORGANIZATION'S MEMBERSHIP (SUPPORTED ORGANIZATIONS). 30397 30397 0 0 X PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS THE ORGANIZATION HAS ADOPTED FASB ASC 740-10, ACCOUNTING FOR INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. BASED ON ANALYSES OF VARIOUS FEDERAL AND STATE FILING POSITIONS OF THE ORGANIZATION, MANAGEMENT BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS ARE WELL DOCUMENTED AND SUPPORTED. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO TEMPORARY DIFFERENCES RELATING TO THE RECOGNITION OF INCOME AND EXPENSES FOR FINANCIAL AND TAX REPORTING PURPOSES. ACCORDINGLY, NO DEFERRED TAX ASSETS OR LIABILITIES ARE RECORDED. ADDITIONALLY, AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO RESERVES FOR UNCERTAIN INCOME TAX POSITIONS HAVE BEEN RECORDED PURSUANT TO FASB ASC 740-10. IN ADDITION, NO CUMULATIVE EFFECT ADJUSTMENT RELATED TO THE ADOPTION OF FASB ASC 740-10 WAS RECORDED. THERE HAVE BEEN NO INCREASES OR DECREASES IN UNRECOGNIZED TAX BENEFITS FOR CURRENT OR PRIOR YEARS SINCE THE DATE OF ADOPTION. FURTHERMORE, NO INTEREST OR PENALTIES HAVE BEEN INCLUDED SINCE NO RESERVES WERE RECORDED AND NO SIGNIFICANT INCREASES OR DECREASES ARE EXPECTED TO OCCUR WITHIN THE NEXT 12 MONTHS. WHEN APPLICABLE, SUCH INTEREST AND PENALTIES WILL BE REPORTED AS INCOME TAX EXPENSE. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. AT DECEMBER 31, 2023, THE PERIODS THAT REMAIN OPEN TO EXAMINATION UNDER FEDERAL STATUTE ARE FOR THE YEARS ENDED DECEMBER 31, 2020 THROUGH 2022. 0 0 0 0 0 0 0 0 0 JOSEPH SWIMMER EXECUTIVE DIRECTOR 132500 0 0 0 0 0 16882 0 16120 0 165502 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF EPISCOPAL RELATED INSTITUTIONS WITH ENDOWMENTS OR DESIRES TO BUILD ENDOWMENTS, SUBJECT TO APPROVAL OF AT LEAST 2/3 OF THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECOR AND TREASURER WITH THE PREPARING CPA AND THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS BY EMPLOYEES ARE MONITORED BY AND DISCLOSED TO THE EXECUTIVE DIRECTOR. FOR THE BOAD OF DIRECTORS, ANY POTENTIAL CONFLICTS ARE DISCLOSED TO THE BOARD CHAIR WHO SHALL BRING THESE MATTERS TO THE BOARD, IF MATERIAL. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT OF THE BOARD PERFORMS THE FORMAL REVIEW OF THE EXECUTIVE DIRECTOR AND MAKES COMPENSATION RECOMMENDATIONS TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990. PART XII, LINE 2C THERE WERE NO CHANGES FROM THE PRIOR YEAR.