2024-11-07T12:02:01-06:00 2023-12-31 111986323 MARCUM LLP 53 STATE STREET BOSTON MA 02109 990 2023-01-01 843833603 TFG HEARTWOOD INC TFGH 6036781156 644 EAST STREET WILLIAMSBURG MA 01096 PETER DICKSON TREASURER AND DIRECTOR 6036781156 2024-11-07 1 1 DOUGLAS FARRINGTON P00370668 6178075000 2024-11-07 2023 2024-10-15 13:58:12Z PETER DICKSON 644 EAST STREET WILLIAMSBURG MA 01096 175507 0 X WWW.HEARTWOODSCHOOL.COM X 2019 MA SEE SCHEDULE O.DEDICATED TO CRAFT AND TO EXCELLENCE IN TEACHING THE BUILDING ARTS AND OPEN TO YOUNG AND OLD, MEN AND WOMEN FROM ALL WALKS OF LIFE. X 8 8 5 8 0 0 10020 1305 282206 173690 101872 0 532 512 394630 175507 0 5710 0 0 118107 162675 0 0 0 192295 104032 310402 272417 84228 -96910 179327 0 76807 0 102520 0 X DEDICATED TO CRAFT AND TO EXCELLENCE IN TEACHING THE BUILDING ARTS AND OPEN TO YOUNG AND OLD, MEN AND WOMEN FROM ALL WALKS OF LIFE. 0 1 164490 5710 174202 EDUCATING THE PUBLIC IN THE CRAFT OF TIMBER FRAMING AND IN THE BUILDING ARTS. 164490 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 23 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X THE ORGANIZATION 6036781156 644 EAST STREET WILLIAMSBURG MA 01096 X ANDREA WARCHAIZER DIRECTOR 1.00 1.00 X 0 1800 0 BRICE COCHRAN DIRECTOR 1.00 1.00 X 0 0 0 CELESTE SCHAEFER-BERNARD VICE PRESIDENT 1.00 1.00 X X 0 0 0 CHRISTINE BENSON DIRECTOR 1.00 1.00 X 0 0 0 DENNIS MARCOM PRESIDENT 1.00 1.00 X X 0 0 0 GRIGG MULLEN JR DIRECTOR 1.00 6.00 X 0 0 0 PETER DICKSON TREASURER 1.00 1.00 X X 0 0 0 STEPHEN MORRISON CLERK 1.00 1.00 X X 0 0 0 NEIL GODDEN EXECUTIVE DIRECTOR 20.00 21.00 X 113400 0 0 113400 1800 0 1 0 0 0 0 1000 305 1305 COURSE TUITION 611600 173690 173690 173690 MISCELLANEOUS 900099 512 512 512 175507 174202 0 0 X 5710 5710 113400 56700 56700 36319 27222 9097 12956 6479 6477 659 659 10943 10943 3384 3384 32842 32842 5400 5400 6739 846 5893 4414 4414 2522 1694 828 749 749 3276 877 2399 TIMBER AND LUMBER MATER 13003 13003 TOOLS AND SUPPLIES 9358 8374 984 BANK AND MERCHANT FEES 5853 5853 FOOD 4890 4890 272417 164490 107927 0 179327 0 179327 0 6991 0 69816 0 76807 0 X 102520 0 102520 0 179327 0 X -96910 -5610 X 0 0 0 X 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE E, PART I, LINE 3 TFG HEARTWOOD'S RACIALLY NONDISCRIMINATORY POLICY, AS FOUND IN THE CODE OF CONDUCT, IS MADE AVAILABLE UPON REQUEST. THE CODE OF CONDUCT IS REQUIRED TO BE SIGNED BY ALL STUDENTS, INSTRUCTORS, AND PARTICIPANTS. SCHEDULE E, PART I, LINE 7 THE ORGANIZATION ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 SCHOLARSHIP AWARDS 14 5710 PART I, LINE 2: THE SCHOOL HAS INTERNAL CONTROLS IN PLACE TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET AND MAINTAIN ELIGIBILITY REQUIREMENTS. CASH - SCHOLARSHIP FUND TRANSFERRED 2023-12-31 5610 COST 922419006 TFG HEARTWOOD INC 299 PRATT RD ALSTEAD NH 03602 501(C)(3) - PENDING DUE FROM TFG HEARTWOOD INC. 2023-12-31 20798 COST 922419006 TFG HEARTWOOD INC 299 PRATT RD ALSTEAD NH 03602 501(C)(3) - PENDING LOAN REPAYMENT 2023-12-31 3018 COST 922419006 TFG HEARTWOOD INC 299 PRATT RD ALSTEAD NH 03602 501(C)(3) - PENDING 1 1 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: NEIL GODDEN, ANDREA WARCHAIZER, GRIGG MULLEN, JR., DENNIS MARCOM, CELESTE SCHAEFER-BERNARD, PETER DICKSON, STEPHEN MORRISON, CHRISTINE BENSON AND BRICE COCHRAN. PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: NEIL GODDEN IS THE EXECUTIVE DIRECTOR (EMPLOYEE) OF THE TRANSFEREE ORGANIZATION.ANDREA WARCHAIZER, GRIGG MULLEN, JR., DENNIS MARCOM, CELESTE SCHAEFER-BERNARD, PETER DICKSON, STEPHEN MORRISON, CHRISTINE BENSON AND BRICE COCHRAN ARE BOARD MEMBERS OF THE TRANSFEREE ORGANIZATION. PART II, LINE 1 IN CALENDAR YEAR 2023, TFG HEARTWOOD INC LOCATED IN MA (EIN 84-3833603) BEGAN TO TRANSFER ITS OPERATIONS TO TFG HEARTWOOD INC LOCATED IN NH (EIN 92-2419006). THEY ARE RELATED ORGANIZATIONS WITH THE SAME BOARD. FORM 990, PART III, LINE 3 THE ORGANIZATION SPENT DOWN ITS FUNDS AS IT TRANSFERRED PROGRAMS TO THE NEW RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 TIMBER FRAMERS GUILD, INC. IS THE SOLE MEMBER OF TFG HEARTWOOD, INC. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS AND OFFICERS MAY NOT BE ELECTED OR REMOVED WITHOUT THE APPROVAL OF TIMBER FRAMERS GUILD, INC. FORM 990, PART VI, SECTION A, LINE 7B TFG HEARTWOOD, INC. REQUIRES THE APPROVAL OF ITS SOLE MEMBER, TIMBER FRAMERS GUILD, INC., FOR THE FOLLOWING GOVERNANCE DECISIONS: -ELECTION AND REMOVAL OF DIRECTORS -ELECTION OF THE PRESIDENT -REMOVAL OF OFFICERS -AMENDMENT OF THE ARTICLES OF INCORPORATION -AMENDMENT OF THE BYLAWS -MERGER, CONSOLIDATION OR DISSOLUTION OF TFG HEARTWOOD, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER, KEY EMPLOYEE, HIGHEST COMPENSATED EMPLOYEE AND ANY OTHER PERSON WITH SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF TFG HEARTWOOD, INC., SHALL ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH AFFIRMS THAT SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CORPORATION'S CONFLICT OF INTEREST POLICY, 2) HAS READ AND UNDERSTANDS THE CORPORATION'S CONFLICT OF INTEREST POLICY, 3) HAS AGREED TO COMPLY WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY, AND 4) UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF AN INTERESTED PERSON HAS A CONFLICT OF INTEREST RELATING TO ANY MATTER UNDER CONSIDERATION FOR A DECISION BY THE BOARD, HE OR SHE SHALL ABSTAIN FROM ANY VOTE, DISCUSSION (EXCEPT AS THE REMAINING BOARD DEEMS NECESSARY FOR INFORMATIONAL PURPOSES), OR ANY ATTEMPT TO INFLUENCE THE DECISION OF THE BOARD ON THAT MATTER. THE BOARD MAY ALSO REQUIRE THE INTERESTED PERSON TO BE EXCUSED FROM A MEETING WHILE THE MATTER IS BEING DELIBERATED AND VOTED ON. THE DISINTERESTED MEMBERS OF THE BOARD OR RELEVANT BOARD COMMITTEE, AS THE CASE MAY BE, SHALL REVIEW THE CONFLICTED TRANSACTION AND DETERMINE WHETHER THE CORPORATION CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT MAY NOT BE OBTAINED UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE DISINTERESTED MEMBERS OF THE BOARD OR BOARD COMMITTEE, AS THE CASE MAY BE, SHALL DETERMINE WHETHER THE CONFLICTED TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION, AND THE DISINTERESTED MEMBERS OF THE BOARD OR RELEVANT BOARD COMMITTEE SHALL DECIDE WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. PART VII, SECTION A: THOSE BOARD MEMBERS WHO RECEIVED COMPENSATION WERE PAID SUCH AMOUNTS FOR THEIR SERVICES TO THE ORGANIZATION AS EDUCATIONAL INSTRUCTORS, RATHER THAN FOR THEIR SERVICES AS BOARD MEMBERS. FORM 990, PART IX, LINE 11G INSTRUCTOR FEES: PROGRAM SERVICE EXPENSES 32,842. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,842. FORM 990, PART XI, LINE 9: TRANSFER OF SCHOLARSHIP FUND -5,610. TIMBER FRAMERS GUILD INC 299 PRATT ROAD ALSTEAD NH 03602 814201896 ADVANCES TIMBER FRAMING NH 501(C)(3) LINE 10 N/A 0 TFG HEARTWOOD INC 299 PRATT ROAD ALSTEAD NH 03602 922419006 EDUCATION NH 501(C)(3) LINE 2 TIMBER FRAMERS GUILD INC 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1