2025-10-22T08:36:04-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2024-01-01 042105955 SCANDINAVIAN CHARITABLE SOCIETY OF GREATER BOSTON INC SCAN 6175276566 206 WALTHAM STREET W NEWTON MA 02465 JOSEPH CARELLA EXECUTIVE DIRECTOR 6179646203 2025-10-16 1 1 CATHERINE PETERCSAK P01357092 5167472000 2025-10-16 2024 2025-03-06 01:10:19Z JOSEPH CARELLA 206 WALTHAM STREET W NEWTON MA 02465 4136554 0 X WWW.SLCENTER.ORG X 1912 MA THE SCANDINAVIAN CHARITABLE SOCIETY OF GREATER BOSTON IS COMMITTED TO PROVIDING AFFORDABLE HOUSING AND ASSISTANCE TO ELDERS AND TO SUPPORT CULTURAL ENRICHMENT AND COMMUNITY CONNECTION. 9 9 43 12 0 0 386156 792104 3448097 3254846 64576 62400 80339 -10148 3979168 4099202 0 0 0 0 1489325 1442630 0 63000 140647 2344919 2272966 3834244 3778596 144924 320606 7536138 8026051 2112160 2145628 5423978 5880423 THE SCANDINAVIAN CHARITABLE SOCIETY OF GREATER BOSTON IS COMMITTED TO PROVIDING AFFORDABLE HOUSING AND ASSISTANCE TO ELDERS AND TO SUPPORT CULTURAL ENRICHMENT AND COMMUNITY CONNECTION. 0 0 2949456 3252742 SCANDINAVIAN LIVING CENTER- DURING THE YEAR OUR CENSUS (YTD) WAS 90.29%. AS OF DECEMBER 31, 2024, IT WAS 95.00% WHICH CONSISTED OF 10 MALES AND 28 FEMALES WITH AN AVERAGE AGE OF 85.6. OF THE 38 RESIDENTS, 19 WERE VERY LOW INCOME ($51,950 OR LESS), 10 WERE LOW INCOME ($82,950 OR LESS), 3 MODERATE INCOME ($104,510 OR LESS) AND 6 WERE AT MARKET RATE INCOME LEVELS BASED ON POVERTY LEVELS IN MASSACHUSETTS. 169955 2104 THE SCANDINAVIAN CHARITABLE SOCIETY BELIEVES THAT THE LIVING CENTER AND THE CULTURAL CENTER COMPLEMENT EACH OTHER THROUGH MUTUALLY SUPPORTIVE ACTIVITIES WHILE SHARING SPACE. THE SOCIETY, THROUGH THE CULTURAL CENTER, IS COMMITTED TO POSITIONING ITSELF AS THE PREMIERE HUB FOR NORDIC CULTURAL ACTIVITIES IN NEW ENGLAND BY SHARING IMPORTANT ELEMENTS OF SCANDINAVIAN CULTURE WITH THE WIDER COMMUNITY.THE SECOND GOAL OF THE SCANDINAVIAN CULTURAL CENTER IS TO BE A LOCATION FOR AND SOURCE OF ENRICHING AND THOUGHT-PROVOKING EVENTS FOR RESIDENTS OF NEWTON AND GREATER BOSTON. THESE GOALS ARE ACHIEVED THROUGH COLLABORATIONS WITH OTHER ORGANIZATIONS, AND THROUGH THE CULTURAL CENTER'S OWN PROGRAMS. 3119411 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 26 0 43 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JOSEPH CARELLA EXECUTIVE DIRECTOR 6175276566 206 WALTHAM STREET W NEWTON MA 02465 CYNTHIA WALSH PRESIDENT (SINCE MAR '24) 0.50 X X 0 0 0 JOYCE HAGLUND PRESIDENT (UNTIL MAR '24) 0.50 X X 0 0 0 CAROL BERGERON DIR (CO-VICE PRES SINCE MAR '24) 0.50 X X 0 0 0 VICTORIA DANBERG DIR (CO-VICE PRES SINCE MAR '24) 0.50 X X 0 0 0 BRENDAN ROMANS TREASURER 0.50 X X 0 0 0 FRAN DRAGON RECORDING SECRETARY 0.50 X X 0 0 0 DAVID GORDON DIRECTOR 0.50 X 0 0 0 THOR HELGASON DIRECTOR 0.50 X 0 0 0 GARTH JOHNSON DIRECTOR 0.50 X 0 0 0 REBECCA SULLIVAN DIRECTOR (SINCE MAR '24) 0.50 X 0 0 0 MARTIN LEHMAN DIRECTOR (UNTIL MAR '24) 0.50 X 0 0 0 GABRIELLE CLEMENS DIRECTOR (UNTIL MAR '24) 0.50 X 0 0 0 JOSEPH CARELLA EXECUTIVE DIRECTOR 45.00 X 140559 0 25550 140559 0 25550 1 0 1 0 GLENDALE SENIOR DINING 749 E INDUSTRIAL PARK DR MANCHESTER NH 03109 FOOD SERVICE 497635 4M BUILDING SOLUTIONS INC PO BOX 870784 KANSAS CITY MO 64187 HOUSEKEEPING & MAINTENANCE 276155 COMEAU & KELLY CONSTRUCTION 327 CANTON STREET STOUGHTON MA 02072 CONTRACTOR SERVICES 105227 3 792104 792104 RESIDENTS'FEES 623000 3254846 3254846 3254846 62400 62400 9600 37352 -27752 -27752 -27752 INSURANCE SETTLEMENT 900099 15500 15500 CATERING INCOME 900099 2104 2104 17604 4099202 3254846 0 52252 173366 60679 95352 17335 1055166 805857 212725 36584 102430 84259 15553 2618 111668 79834 27100 4734 5109 5109 65261 65261 63000 63000 15061 15061 762 544 218 37678 30001 7677 77223 55740 21483 228066 225862 2204 2218 2218 40690 40362 328 324401 321781 2620 102950 96151 6799 FOOD SERVICE 756215 756215 REPAIRS & MAINTENANCE 267609 266528 1081 HOUSEKEEPING EXPENSES 184500 184500 ACTIVITIES PROGRAM SUPP 100176 100176 65047 5813 42858 16376 3778596 3119411 518538 140647 101289 23651 521682 710221 84225 6313 14499 7501 63732 77269 11831491 6720659 4957263 5110832 1793448 2090264 7536138 8026051 510273 527963 7260 1394604 1358534 207283 251871 2112160 2145628 X 4654113 5134405 769865 746018 5423978 5880423 7536138 8026051 X 320606 182691 -46852 X 0 1 X 1 0 X 428405 615681 121911 386156 792104 2344257 2775810 2595016 2955129 3448097 3256950 15031002 3204215 3210697 3077040 3834253 4049054 17375259 83572 62636 52729 143737 137511 480185 1367555 1304187 1616266 1735540 1560831 7584379 1451127 1366823 1668995 1879277 1698342 8064564 9310695 58006 50363 62995 95248 72000 338612 58006 50363 62995 95248 72000 338612 53949 17604 71553 3262221 3261060 3140035 3983450 4138658 17785424 0.52350 0.51880 0.01900 0.02140 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE SETTLEMENT - 2023 AMOUNT: $ 53,949. 2024 AMOUNT: $ 15,500. CATERING INCOME - 2024 AMOUNT: $ 2,104. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 544930 1409142 216999 80807 2090264 483065 1100 59490 544930 494218 106455 -75528 42080 483065 436667 1445 56106 494218 418942 1425 48300 32000 436667 0.00000 0.18000 0.82000 1 0 10855 10855 10096321 5335679 4760642 1489786 1330027 159759 234529 54953 179576 5110832 ANNUITY PAYABLE 4149 RESIDENT SECURITY DEPOSITS 232562 DUE TO RELATED PARTY 15160 251871 X PART V, LINE 4: THE EARNINGS ON ENDOWMENT FUNDS CLASSIFIED WITHIN NET ASSETS WITH DONOR RESTRICTIONS THAT ARE RESTRICTED FOR TIME OR PURPOSE WILL BE EXPENDED IN ACCORDANCE WITH THOSE DONOR RESTRICTIONS. THE ENDOWMENT FUNDS CLASSIFIED WITHIN NET ASSETS WITH DONOR RESTRICTIONS THAT ARE RESTRICTED IN PERPETUITY WILL BE HELD IN PERPETUITY. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE SOCIETY'S EXEMPT FUNCTION. AS OF DECEMBER 31, 2024, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF DECEMBER 31, 2024. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. X X X 1 AGILE FUNDRAISING AND STRATEGY CONSULTING LLC 304 BEECH STREET ROSLINDALE MA 02131 FUNDRAISING CONSULTANT AND GRANT WRITER 0 40000 63000 23000 40000 63000 23000 MA X X X 0 0 0 0 0 0 0 0 0 JOSEPH CARELLA EXECUTIVE DIRECTOR 140559 0 0 0 0 0 5913 0 19637 0 166109 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2009-05-14 2673000 $2,550,258 REFUND PRIOR ISSUANCE;$40,249 BOND ISSUANCE COSTS; $82,493 FEES 0 0 0 A 1314466 2673000 40249 2632751 2001 1 0 1 1 A 0 0 0 0 0.00330 0.00700 0.01030 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BOARD VOTED TO COMBINE THE ENTITY EFFECTIVE JANUARY 1, 2024 WITH THE SCANDINAVIAN CULTURAL CENTER AND LIBRARY, INC. IN ORDER TO BETTER ALIGN OPERATIONS. THE SOCIETY BECAME THE SOLE MEMBER OF THE SCANDINAVIAN CULTURAL CENTER AND LIBRARY, INC. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990 THE COMPLETED FORM IS DISTRIBUTED, REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. ONCE COMMITTEE APPROVAL IS OBTAINED A COPY OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY BY REQUIRING ALL NEW BOARD MEMBERS TO SIGN THE POLICY TO IDENTIFY ANY CONFLICTS THAT EXIST AT THE TIME OF SIGNING. DURING BOARD MEETINGS, MEMBERS ARE ASKED TO IDENTIFY ANY CONFLICTS AS THEY ARISE AND RECUSE THEMSELVES FROM TAKING PART IN A VOTE THAT INVOLVES A MATTER OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE YEARLY PERFORMANCE EVALUATION AND SALARY REVIEW OF THE EXECUTIVE DIRECTOR AND ANY OTHER EMPLOYEES EARNING $50,000 AND OVER. THEY USE A SALARY SURVEY AS A BENCHMARK FOR EACH POSITION, UTILIZING COMPARABLES FROM OTHER SIMILAR ORGANIZATIONS AND OTHER AVAILABLE DATA. THE BOARD WILL REVIEW AND APPROVE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WAS INCORPORATED IN 1912 AND THEREFORE DID NOT FILE A FORM 1023 WITH THE IRS FOR TAX EXEMPT STATUS. THE ORGANIZATION RECEIVED A DETERMINATION LETTER IN 1939 FROM THE IRS. THIS DOCUMENT AND THE 990 WILL BE AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON INVESTMENT IN SCANDINAVIAN CULTURAL CENTER AND LIBRARY -46,852. FORM 990; PART V; LINE 2A: THE ORGANIZATION USES A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) GENESIS HR SOLUTIONS TO PAY ITS EMPLOYEES. IN 2024 GENESIS HR SOLUTIONS ISSUED 43 W-2'S ON BEHALF OF THE SCANDINAVIAN CHARITABLE SOCIETY OF GREATER BOSTON, INC. THE SCANDINAVIAN CULTURAL CENTER AND LIBRARY INC 206 WALTHAM STREET W NEWTON MA 02465 043271118 PROVIDE A SCANDINAVIAN NETWORK, EDUCATION, & MAINTAIN LIBRARY MA 501(C)3 LINE 10 SCANDINAVIAN CHARITABLE SOCIETY OF GREATER BOSTON INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0