2021-08-13T10:19:31-05:00 2020-09-30 042442519 EDELSTEIN AND COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2019-10-01 042400219 ARCHITECTURAL HERITAGE FOUNDATION ARCH 6175237210 525 WESTERN AVE NO 8 BRIGHTON MA 02135 SEAN MCDONNELL PRESIDENT 6175237210 2021-08-13 1 EUGENE BORGONZI P01269879 6172276161 2021-08-13 2019 2022-09-23 18:48:47Z X SEAN MCDONNELL 525 WESTERN AVE NO 8 BRIGHTON MA 02135 7092717 0 X WWW.AHFBOSTON.COM X 1966 MA ARCHITECTURAL HERITAGE FOUNDATION, INC ("AHF") WAS ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS ON AUGUST 17, 1966 FOR THE PURPOSE OF PRESERVING BUILDINGS HAVING HISTORICALLY SIGNIFICANT OR NOTABLE BUILDING OR LANDSCAPE ARCHITECTURE, IN AN ECONOMICALLY VIABLE FASHION. 5 4 4 0 0 0 0 30339 121543 284563 805733 -360975 0 0 927276 -46073 0 0 0 0 648821 675660 0 0 9830 614003 854109 1262824 1529769 -335548 -1575842 31488140 30137143 8597107 7602126 22891033 22535017 X AHF'S PRIMARY MISSION IS PRESERVING BUILDINGS OF HISTORICAL SIGNIFICANCE, CONSERVING AND PROTECTING NOTABLE BUILDINGS, LANDSCAPE ARCHITECTURE OR OTHER OPEN SPACES OF ENVIRONMENTAL OR HISTORICAL SIGNIFICANCE AND IDENTIFYING APPROPRIATE USES FOR SUCH PROPERTIES. IT'S MISSION IS TO PRESERVE AND REVITALIZE HISTORIC STRUCTURES AND SPACES, TRANSFORMING SUCH SITES TO INVIGORATE THE COMMUNITIES IN WHICH THEY RESIDE. IT SEEKS TO INSPIRE COMMUNITIES AND STRENGTHEN CULTURAL, ENVIRONMENTAL AND ECONOMIC VITALITY. 0 0 1236385 0 280205 RESTORATION AND REDEVELOPMENT OF CERTAIN HISTORIC AND ARCHITECTURALLY SIGNIFICANT PROPERTIES THROUGHOUT MASSACHUSETTS, INCLUDING BUILDINGS IN BOSTON, WORCESTER, LAWRENCE AND OTHER CITIES. 19946 0 4358 PROVIDE HISTORIC MANAGEMENT SERVICES TO CERTAIN HISTORIC AND ARCHITECTURALLY SIGNIFICANT PROPERTIES PRIMARLIY IN BOSTON. 1256331 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 22 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 MA X SEAN MCDONNELL PRESIDENT 6175237210 525 WESTERN AVE STE 8 BRIGHTON MA 02135 SEAN MCDONNELL PRESIDENT/DIRECTOR 40.00 2.00 X X 261600 0 54600 LISA M CAMPOLI CHAIR/DIRECTOR 1.00 1.00 X X 0 0 0 SAMUEL L RICHARDSON CLERK/DIRECTOR 1.00 1.00 X X 0 0 0 LORYN SHEFFNER DIRECTOR 1.00 1.00 X 0 0 0 ANDREW BURNES DIRECTOR 1.00 1.00 X 0 0 0 MARIANA S WEBB TREASURER 1.00 0.50 X 0 0 0 261600 0 54600 1 0 1 0 BRUNERCOTT ARCHITECTS 225 FRIEND STREET SUITE 701 BOSTON MA 02114 ARCHITECTURAL SERVICES 341789 CLIFTONLARSONALLEN LLP PO BOX 829709 PHILADELPHIA PA 191829709 FINANCIAL, PROJECT & ACCOUNTING SERVICES 171980 KROKIDAS & BLUESTEIN 600 ATLANTIC AVENUE BOSTON MA 02210 LEGAL SERVICES 144428 LEGGAT MCCALL PROPERTIES LLC 10 POST OFFICE SQUARE 13TH FLOOR BOSTON MA 02109 REAL ESTATE ADVISORS 114775 FOLEY HOAG LLP 155 SEAPORT BOULEVARD BOSTON MA 02210 LEGAL SERVICES 114710 5 20339 10000 30339 DEVELOPER FEE INOCME 900099 266667 266667 SERVICE FEE INCOME 900099 13538 13538 MISCELLANEOUS INCOME 900099 4358 4358 284563 587298 587298 6190517 7138790 -948273 -948273 -948273 -46073 284563 0 -360975 X 316200 276675 31620 7905 230487 227104 3383 10016 8764 1002 250 86626 85354 1272 32331 28693 2921 717 14344 9883 4461 36000 36000 69903 16509 53394 355365 266620 88728 17 37181 29651 7296 234 67500 57105 9855 540 10394 8889 1427 78 4664 4313 345 6 184976 184976 2455 2077 358 20 25405 12855 12550 PROJECT DEVELOPMENT COS 21214 21214 PAYROLL PROCESSING & 40 11068 4076 6953 39 MEMBERSHIP & EVENTS 8650 7050 1600 DUES & SUBSCRIPTIONS 4990 4523 443 24 1529769 1256331 263608 9830 41 41 3916763 2184777 79291 4797 5535000 5535000 16846 15480 27617 19736 5213 7881 13614554 15596636 8320432 6792531 31488140 30137143 255171 99602 140373 276745 8201563 7225779 8597107 7602126 X 20872242 22535017 2018791 0 22891033 22535017 31488140 30137143 -1575842 1219826 0 X X 0 1 X 1 0 X 29 5330000 0 0 30339 5360368 966474 20125185 419093 121543 284563 21916858 966503 25455185 419093 121543 314902 27277226 0 0 0 27277226 381 35944 273361 731674 587298 1628658 381 35944 273361 731674 587298 1628658 966884 25491129 692454 853217 902200 28905884 0.94370 0.96380 0.05630 0.03620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27617 19736 7881 7881 INVESTMENT IN HISTORIC SPEEDWAY LLC 307850 C INVESTMENT IN WORCESTER MEMORIAL AUDITORIUM 697276 C INVESTMENT IN RODMAN LANDMARK 145000 C INVESTMENT IN SPEEDWAY LAND LLC 2041246 C INVESTMENT IN HISTORIC SPEEDWAY MM LLC 3601159 C 6792531 DEPOSITS 2500 LINE OF CREDIT BORROWING 7067825 MINORITY INTEREST 155454 7225779 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 SEAN MCDONNELL PRESIDENT/DIRECTOR 255000 0 0 0 6600 0 16384 0 38216 0 316200 0 0 0 PART I, LINE 1A GYM MEMBERSHIP FEES FORM 990, PART VI, SECTION A, LINE 2 MARIANA WEBB AND SEAN MCDONNELL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B COMPANY FINANCE PERSONNEL AND THE PRESIDENT WORK WITH THE TAX ACCOUNTANTS TO PREPARE A DRAFT OF THE FORM 990. ONCE SATISFIED WITH THE DRAFT RETURN, IT IS CIRCULATED TO THE FULL BOARD FOR REVIEW. THE EXECUTIVE COMMITTEE OF THE BOARD IS AUTHORIZED BY THE FULL BOARD TO AFFIRMATIVELY SIGN OFF ON THE RETURN BEFORE IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY CHECKLIST IS COMPLETED ANNUALLY BY ALL THE BOARD MEMBERS. IT IS REVIEWED BY MANAGEMENT AND STAFF AND FOLLOW-UP, IF ANY, IS ADDRESSED AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS IN PLACE A BOARD-APPROVED POLICY GOVERNING EXECUTIVE COMPENSATION. THERE WAS NO CHANGE TO THE COMPENSATION OF THE PRESIDENT IN THIS FISCAL YEAR AND NO REVIEW OF THE COMPENSATION PERFORMED IN FY20. THE PRESIDENT'S COMPENSATION IS REVIEWED PERIODICALLY BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS AND THE PROCESS OF DETERMINING THE COMPENSATION INCLUDES SOME OR ALL OF THE FOLLOWING ACIVITY: ENGAGING IN OUTSIDE CONSULTANT TO ASSIST THE PERSONNEL COMMITTEE OF THE BOARD WITH REVIEW OF COMPENSATION, USE OF PUBLICALLY AVAILABLE DATA OF COMPARABLE ORGANIZATIONS AND COMPARABLE POSITIONS, REVIEWED OF PUBLISHED COMPENSATION STUDIES, AND REVIEW OF ANNUAL PERFORMANCE MEASURES. A WRITTEN REPORT IS REVIEWED WITH THE PRESIDENT AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 266,620. MANAGEMENT AND GENERAL EXPENSES 88,728. FUNDRAISING EXPENSES 17. TOTAL EXPENSES 355,365. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDIT & SELECTION OF INDEPENDENT ACCOUNTANT THE FULL BOARD APPROVES THE SELECTION FOR THE INDEPENDENT ACCOUNTANT AND THE EXECUTIVE COMMITTEE AND MANAGEMENT ASSUME RESPONSIBILITY FOR OVERSIGHT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 16B JOINT VENTURE POLICY MANAGEMENT AND BOARD OF THE ORGANIZATION HAVE A DRAFT POLICY WRITTEN AND CONTINUE TO DISCUSS ISSUES SURROUNDING JOINT VENTURE PARTICIPATION WITH A NON-PROFIT, WITH REFERENCE TO BEST-PRACTICE, WRITTEN POLICIES AND DISCUSSIONS WITH LEGAL COUNSEL. IT INTENDS TO COMPLETE FULL IMPLEMENTATION OF THE WRITTEN POLICY PERTAINING TO JOINT VENTURE ARRANGEMENTS. HOWEVER, IN THE INTERIM, WHERE HISTORIC REAL ESTATE DEVELOPMENT CONDUCTED BY THE ORGANIZATION RELIES ON TAX INCENTIVES PROVIDED BY THE IRC, AND WHERE LEVERAGE PROVIDED BY FOR-PROFIT PARTICIPATION IN SUCH REAL ESTATE RE-DEVELOPMENT IS CRITICAL TO SUCCESS OF THE ORGANIZATION'S MISSION-BASED ACTIVITY, IT IS CAREFULLY CONSIDERING DOCUMENTS AND AGREEMENTS OF EACH POTENTIAL JOINT VENTURE TO INDIVIDUALLY ADDRESS AHF'S NON-PROFIT CONCERNS AS WELL AS A SPECIFIC PROJECT'S NEEDS. HCL ACQUISITION LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 042400219 HELD INTEREST IN REAL ESTATE, NOW IN WIND-DOWN MA 0 0 ARCHITECTURAL HERITAGE FOUNDATION HCL DEVELOPER LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 042400219 HOLDS INTEREST IN HCL ACQUISITION LLC MA 0 0 ARCHITECTURAL HERITAGE FOUNDATION AHF DEVELOPER LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 042400219 TO HOLD INTEREST IN DEVELOPMENT AGREEMENTS MA 0 0 ARCHITECTURAL HERITAGE FOUNDATION AHF HISTORIC PROPERTY MANAGER LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 042400219 PROPERTY MANAGEMENT MA 0 0 ARCHITECTURAL HERITAGE FOUNDATION AHF MASTER TENANT LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 042400219 OWNERSHIP INTEREST IN A LLC MA 0 0 ARCHITECTURAL HERITAGE FOUNDATION SPEEDWAY ASSOCIATES LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 811107203 INVEST, IMPROVE & REDEVELOP HISTORIC PROPERTY MA 0 0 ARCHITECTURAL HERITAGE FOUNDATION HISTORIC SPEEDWAY MM LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 842811218 SERVE AS MANAGING MEMBER FOR SYNDICATED REAL ESTATE LLC'S OF AHF MA 0 3620939 ARCHITECTURAL HERITAGE FOUNDATION RODMAN LANDMARK INC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 043018253 TITLE-HOLDING CORPORATION MA 501(C)(2) N/A ARCHITECTURAL HERITAGE FOUNDATION 0 AHF SUPPORT CORPORATION 525 WESTERN AVE STE 8 BRIGHTON MA 02135 842977264 SERVE AS TAX-EXEMPT MEMBER FOR SYNDICATED REAL ESTATE ENTITIES FOR AHF MA 501(C)(3) LINE 12A, I ARCHITECTURAL HERITAGE FOUNDATION 1 WILLIAM RODMAN ASSOCIATES LLP 320 NORWOOD PARK SOUTH NORWOOD MA 02062 043016075 RENTAL OF REAL ESTATE MA N/A SPEEDWAY LAND LLC 525 WESTERN AVE STE 8 BOSTON MA 02135 833243890 INVEST, IMPROVE & REDEVELOP REAL PROPERTY MA ARCHITECTURAL HERITAGE FOUNDATION NONE DURING FY20 1885793 0 1 0.75000 HISTORIC SPEEDWAY LLC 525 WESTERN AVE STE 8 BOSTON MA 02135 842798224 INVEST, IMPROVE & REDEVELOP REAL PROPERTY MA N/A HISTORIC SPEEDWAY MM LLC 525 WESTERN AVE STE 8 BRIGHTON MA 02135 842811218 SERVE AS MANAGING MEMBER FOR AHF'S SYNDICATED REAL ESTATE LLC'S MA ARCHITECTURAL HERITAGE FOUNDATION C 3620939 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 HISTORIC SPEEDWAY LLC R 2383362 ACCRUAL AHF SUPPORT CORPORATION S 151000 ACCRUAL FORM 990,SCHEDULE R, PART IV HISTORIC SPEEDWAY MM LLC WAS ORIGINALLY FORMED AS A DISREGARDED ENTITY. FOR ITS CALENDAR YEAR 2020, IT CONVERTED TO A C CORPORATION. SINCE ARCHITECTURAL HERITAGE FOUNDATION HAS A FISCAL YEAR END OF SEPTEMBER 30, 2020, HISTORIC SPEEDWAY MM LLC WAS A DISREGARDED ENTITY FOR PART OF AHF'S FISCAL YEAR (10/1/19 - 12/31/19) AND A C CORPORATION FOR THE REMAINING PART OF AHF'S FISCAL YEAR (1/1/20 - 9/30/20). THEREFORE HISTORIC SPEEDWAY MM LLC HAS BEEN REPORTED ON BOTH PART I AND PART IV OF SCHEDULE R.