2018-06-15T06:11:51-05:00 2017-12-31 042943536 Tonneson & Company PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2017-01-01 042139204 Boston Marine Society BOST 6172420522 100 1st Ave No 102 Boston MA 02129 Captain Carl A Pottey President 6173768492 2018-06-01 1 John T Parker P00854367 7812459999 2018-06-01 2017 2022-09-23 18:48:47Z Captain Carl A Pottey 6 Kathy Drive Foxboro MA 02035 5779800 0 X bostonmarinesociety.org X 1754 MA Promote knowledge of the coast, relieve members & families of poverty & financially assist in the education & training of maritime academy students. 15 15 3 0 0 0 66800 98960 7640 11925 1143043 1156618 1169 1417 1218652 1268920 194750 184300 0 0 92313 116771 0 0 0 451515 491228 738578 792299 480074 476621 20106972 21793321 36699 45561 20070273 21747760 X Promote knowledge of the coast, relieve members and families of poverty, and financially assist in the education and training of maritime academy students. 0 0 175300 175300 Scholarships and memorial funds granted to Maritime academies and others associated with the education and preservation of the coast. 9000 9000 Financial aid and assistance to members & families in poverty. 59396 1417 Other expenses to maintain historical assets held by the Society that are used to educate the public about the coast. 207750 11925 Conferences and meetings to provide a forum for the discussion of the coast and to promote public awareness of the coast. 207750 11925 451446 0 1 0 1 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X X Captain Richard R Cunio 6172420522 100 1st Avenue Ste 102 Charlestown Boston MA 02129 X Captain Peter J Lawrence Trustee 2.00 X 0 0 0 Captain Stefan J Palmer Trustee 2.00 X 0 0 0 Captain Bruce F Porter Trustee 2.00 X 0 0 0 Captain Richard R Cunio Treasurer 2.00 X X 0 0 0 Captain Andrew Triandafilou Trustee 2.00 X 0 0 0 Captain Martin E Conroy Jr Trustee 2.00 X 0 0 0 Captain Michael R Burns Jr Trustee 2.00 X 0 0 0 Captain Robert A Kolofsky Trustee 2.00 X 0 0 0 Captain Jay C Burgess Trustee 2.00 X 0 0 0 Captain Charles G Gifford Vice President 2.00 X X 0 0 0 Captain Jeffrey J Havlicek Trustee 2.00 X 0 0 0 Captain A Ross Pope Trustee 2.00 X 0 0 0 Captain John F Mulderig Secretary 2.00 X X 0 0 0 Captain Carl A Pottey President 2.00 X X 0 0 0 Martha R Bagley Esq Assistant Secretary/Treasu 2.00 X X 0 0 0 0 0 0 0 0 0 0 Morgan Stanley 600 Longwater Dr STE 202 Norwell MA 02061 Investment Management 122483 1 1260 97700 98960 Activity Fees 900099 11925 11925 11925 548923 548923 5118575 4510880 607695 607695 607695 Other Investment Income 523000 1417 1417 1417 1268920 13342 0 1156618 105300 105300 79000 79000 105046 52523 52523 3685 1843 1842 8040 4020 4020 16374 16374 122401 122401 2705 2705 7425 3713 3712 135325 67663 67662 5725 5725 132318 132318 2020 1010 1010 30093 30093 Miscellaneous 19716 19716 Gifts 10720 10720 Telephone 4201 2101 2100 Postage 1955 1955 250 250 792299 451446 340853 0 19103 14043 209468 473043 72865 28747 38996 18108 17010 20888 18051027 19443875 973116 1053806 764383 758919 20106972 21793321 36699 45561 36699 45561 X 19433987 21111474 636286 636286 20070273 21747760 20106972 21793321 X 476621 1197432 3434 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 740396 X X 0 9795 4153 5642 29201 13955 15246 20888 X 2466352 1197432 1197432 1268920 0 1268920 788865 0 788865 3434 3434 792299 Part III, Line 4: The Society has a collection of inexhaustible arts and books. The items are on display at the Society's offices located in the Boston National Historical Park. They reveal not only the history of a distinguished institution but also help tell the story of one of the America's oldest and most important ports. Part X, Line 2: In accordance with Section 501(c)(3) of the Internal Revenue Code, the Society is exempt from federal and state income taxes on its income and, accordingly, the financial statements do not reflect a provision for income taxes. Instead, the Society is liable for federal and state taxes on the Society's unrelated taxable business income. These determinations have been reviewed according to guidance in a recent Financial Accounting Standards Board pronouncement related to accounting for uncertainty in income taxes. As of December 31, 2017, the Society has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Society is generally subject to potential examination by taxing jurisdictions for the three prior years. Part XII, Line 4b - Other Adjustments: Accrual to cash basis adjustments 3,434. 1 Duxbury Bay Maritime School PO Box 263 A Duxbury MA 02331 043348183 501(c)(3) 5000 To support the Maritime Adventures program Massachusetts Maritime Academy 101 Academy Drive Buzzards Bay MA 02532 237025807 501(c)(3) 20000 GPS receiver and fathometer repeater for navigation lab Maine Maritime Academy PO Box C-3 Castine ME 04420 016000724 501(c)(3) 20000 Historic Schooner Bowdoin and Scale Model Anchor SimulatorUpgrade Bridge Simulator US Naval Sea Cadet Corps 2300 Wilson Blvd Suite 200 Arlington VA 22201 520808385 501(c)(3) 5000 To support operating responsibilities and new space rental Sail Salem Inc 23 Glendale St Salem MA 01970 208157746 501(c)(3) 5000 Expand student reach and level of classes offered The Boston Seaman's Friend Society 77 Broadway Chelsea MA 02150 042103913 501(c)(3) 10500 Vehicle expenses and support ongoing work of chaplain ship visiting services in port of Boston/Chelsea Greater Fall River Re-Creation Committee Inc 45 Rock Street Fall River MA 02720 042491918 501(c)(3) 5000 Battleship Cove Community Boating program New England Seafarer's Mission 1 Black Falcon Ave Boston MA 02210 046043955 501(c)(3) 10500 To welcome and look after the needs of working seafarers who pass through the ports and waters of New England. Scholarships for students attending Massachusetts Maritime Academy associated with the education & preservation of the coast. 35000 Scholarships for students attending Maine Maritime Academy associated with the education & preservation of the coast. 35000 Relief grant funds provided to survivors of members who are in need of financial assistance. 9000 Part I, Line 2: Grantees are encouranged to provide the Society with summaries of how the grantee organization utilized the funds received from the Boston Marine Society and to update the Society on the successes of the programs that received funding. Form 990, Part VI, Section A, line 6 The organization has a body of membership that have submitted applications for their membership to the Board of Trustees, who review and approve memberships in accordance with the Society's by-laws. Form 990, Part VI, Section A, line 7a The membership of the Society elect the members of the Board of Trustees at the Society's annual meeting, which is held each year in November. Form 990, Part VI, Section A, line 7b Decisions of the Board of Trustees are subject to approval of the members. Form 990, Part VI, Section B, line 11b The Board of Trustees reviews Form 990 and it is approved by the audit and finance committee. Form 990, Part VI, Section B, line 12c Conflicts of interest are documented first and later discussed in Board of Trustees meeting. Form 990, Part VI, Section C, line 19 The Governing Documents, conflict of interest policy and financial statements are available to the public upon request at the Society's office. Also, the financial statements are on file with the Massachusetts Attorney General's office, Public Charities Division as the financial statements are required to be submitted annually with the Massachusetts Form PC. Form 990, Part XI, line 9: Expenses on 990 not recorded on books 3,434. Form 990, Part XII, Line 1 Accounting Method: Modified Cash Basis Form 990, Part XII, Line 2c The Society's Trustees have established an audit committee, made up of members of the Board of Trustees that assumes responsibility for oversight of the audit of its financial statements and selection of the independent auditor.