2015-07-14T09:02:36-05:00 2014-08-31 043138777 PKF PC 300 CROWN COLONY DRIVE SUITE 400 QUINCY MA 02169 990 2013-09-01 041423320 HARVARD CLUB OF BOSTON HARV 6175361260 374 COMMONWEALTH AVENUE BOSTON MA 02215 MICHAEL CRONIN TREASURER 6175361260 2015-06-29 1 ROBERT V DANDROW P00294799 6174220007 2015-06-29 2013 2016-02-25 16:41:14Z MICHAEL H SHANAHAN 374 COMMONWEALTH AVENUE BOSTON MA 02215 29116682 0 X WWW.HARVARDCLUB.COM X 1908 MA THE HARVARD CLUB OF BOSTON SERVES APPROXIMATELY 5,600 MEMBERS AND PROVIDES ROOMS, FOOD AND BEVERAGES, ATHLETIC FACILITIES AND OTHER SERVICES TO FOSTER THE SOCIAL PURPOSES OF THE MEMBERSHIP. THE CLUB HOLDS NUMEROUS FUNCTIONS FOR ITS MEMBERS AND THEIR GUESTS INCLUDING VARIOUS HOLIDAY DINNERS, MONTHLY WINE DINNERS, THE FATHER/DAUGHTER TEA DANCE, THEATRE NIGHTS, AUTHOR SERIES, AND ANNUAL SATURDAY SYMPOSIA FEATURING VARIOUS HARVARD FACULTY AND THROUGH HOSTING MANY GUEST SPEAKERS DISCUSSING A MYRIAD OF THOUGHT PROVOKING TOPICS. 18 18 393 125 1153647 0 0 0 8455802 9113712 1666 7462443 -1187280 -135515 7270188 16440640 0 0 0 0 3638615 3527944 0 0 0 3838679 3850478 7477294 7378422 -207106 9062218 11441133 19509148 8686861 7171418 2754272 12337730 X THE OBJECTIVE OF THE CLUB SHALL BE TO ENCOURAGE THE SOCIAL, INTELLECTUAL AND ATHLETIC INTERESTS OF ITS MEMBERS, TO PROMOTE THE WELFARE OF HARVARD UNIVERSITY, TO ASSIST WORTHY STUDENTS WITH FINANCIAL AID, AND TO FOSTER THE HARVARD SPIRIT IN ALL HARVARD MEN AND WOMEN. 0 0 HARVARD CLUB OF BOSTON PROVIDES FINE DINING, FAMILY FUNCTIONS, SLEEPING ROOMS AND MEMBER EVENTS AS WELL AS RECREATIONAL, EXERCISE AND AEROBICS PROGRAMS TO ITS MORE THAN FIVE THOUSAND MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 179 0 393 1 1 1 0 0 0 1 1 211583 3691512 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL JENKINS CONTROLLER 6175361260 374 COMMONWEALTH AVENUE BOSTON MA 02215 MICHAEL H SHANAHAN PRESIDENT 2.00 X X 2364 0 0 JEREMIAH P MURPHY JR VICE PRESIDENT 2.00 X X 2364 0 0 KAREN VAN WINKLE VICE PRESIDENT 2.00 X X 2364 0 0 MICHAEL CRONIN TREASURER 2.00 X X 2364 0 0 EDWARD MATSON SIBBLE JR SECRETARY 2.00 X X 2364 0 0 SCOTT A ABELL DIRECTOR 1.00 X 0 0 0 STEPHEN H ALISSON DIRECTOR 1.00 X 2364 0 0 J JACQUES CARTER DIRECTOR 1.00 X 0 0 0 JOCELYN CARTER DIRECTOR 1.00 X 0 0 0 JOHN S CORNISH DIRECTOR 1.00 X 0 0 0 KATHERINE CRAVEN KRYZANSKI DIRECTOR 1.00 X 0 0 0 MARCUS DEFLORIMONTE DIRECTOR 1.00 X 0 0 0 MITCHELL L DONG DIRECTOR, UNTIL 4/14 1.00 X 0 0 0 JOSEPH FX DONOVAN JR DIRECTOR 1.00 X 0 0 0 ROBERT A GLATZ DIRECTOR 1.00 X 0 0 0 KAREN F GREEN DIRECTOR 1.00 X 0 0 0 MATTHEW G HEGARTY DIRECTOR 1.00 X 0 0 0 MARLENE V REHKAMP O'BRIEN DIRECTOR, EFFECTIVE 4/14 1.00 X 0 0 0 JOHN A SIMS JR DIRECTOR, UNTIL 4/14 1.00 X 0 0 0 JOHN E WOLFE DIRECTOR, EFFECTIVE 4/14 1.00 X 0 0 0 STEVEN P CUMMINGS GENERAL MANAGER 40.00 X 285992 0 37816 MICHAEL JENKINS CHIEF FINANCIAL OFFICER 40.00 X 125912 0 36493 GARY RODERICK ASSISTANT GENERAL MANAGER 40.00 X 122837 0 31109 ROGER SCHOFIELD JR ASSISTANT GENERAL MANAGER 40.00 X 103721 0 28883 LISA ARMETTA HUMAN RESOURCES DIRECTOR 40.00 X 100602 0 29274 753248 0 163575 5 0 1 0 0 MEMBERSHIP DUES 713910 6385389 6385389 ROOMS 721000 1622128 812815 809313 PARKING 812930 610284 559333 50951 ATHLETICS 713940 412849 412849 CLUB EVENTS 713910 50046 50046 33016 33016 9113712 971 971 8819853 1358381 7461472 7461472 7461472 11182146 11317661 -135515 -427927 292412 16440640 7825521 1153647 7461472 367573 2290979 106750 522243 240399 59650 58600 26173 121919 103173 95868 1629429 31200 21877 62530 649398 25413 INCOME TAX EXPENSE 2831 BANK & OTHER FEES 355024 OPERATING SUPPLIES 287973 REPAIRS & MAINTENANCE 192482 126938 7378422 253063 123835 8818 8420081 3410696 3601335 167500 155647 250885 85375 105981 18102430 12251802 7218112 5850628 309422 988903 11441133 19509148 1182793 1364520 3037886 3176105 350000 1000000 292738 3823444 1630793 8686861 7171418 X 2754272 12337730 2754272 12337730 11441133 19509148 X 9062218 521240 X X 0 1 X 1 0 X X 0 857238 857238 8288888 5123829 3165059 2729917 1505602 1224315 3046201 2845130 201071 3180186 2777241 402945 5850628 LIQUOR LICENSE 20285 INVESTMENTS - DEFERRED COMPENSATION 297460 CONSTRUCTION IN PROCESS 632784 NET RETIREMENT ASSET 38374 988903 DEFERRED COMPENSATION 297460 LITIGATION SETTLEMENT 1333333 1630793 X 27708255 11317661 11317661 16390594 50046 50046 16440640 18646037 11317661 11317661 7328376 50046 50046 7378422 PART III, LINE 1A: THE CLUB, OVER THE YEARS, HAS RECEIVED CONTRIBUTIONS OF HISTORIC AND/OR ARTISTIC MATERIALS. THE CLUB HAS NOT CAPITALIZED THESE MATERIALS SINCE THEY ARE HELD AND PRESERVED FOR PUBLIC EXHIBITION IN KEEPING THE CLUB'S EXEMPT PURPOSES AND ARE NOT INTENDED TO BE SOLD. PART III, LINE 4: THE CLUB'S COLLECTION INCLUDES MATERIALS OF HISTORIC AND ARTISTIC NATURE, SUCH AS ANTIQUE FURNITURE AND FIXTURES, PAINTINGS AND BOOKS. THE CLUBHOUSE INCLUDES THESE "COLLECTIONS" IN KEEPING WITH THE CLUB'S EXEMPT PURPOSE BY DISPLAYING THE HISTORY OF THE CLUB. THE "COLLECTIONS" ALSO HELP PROMOTE THE COMMINGLING OF THE CLUB'S MEMBERS FOR SOCIAL, RECREATIONAL OR SIMILAR PURPOSES BY PROVIDING AN APPROPRIATE DECOR AND SETTING FOR SUCH ACTIVITIES. PART X, LINE 2: THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT OF THE CLUB HAS EVALUATED ITS UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,317,661. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBER CHARGES AND GROSS-UPS 50,046. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,317,661. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER CHARGES AND GROSS-UPS 50,046. X X 0 0 0 STEVEN P CUMMINGS GENERAL MANAGER 280992 0 5000 0 0 0 10903 0 26913 0 323808 0 0 0 MICHAEL JENKINS CHIEF FINANCIAL OFFICER 104532 0 16300 0 5080 0 9580 0 26913 0 162405 0 0 0 GARY RODERICK ASSISTANT GENERAL MANAGER 108316 0 12780 0 1741 0 4800 0 26309 0 153946 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS FIVE CATEGORIES OF MEMBERS: RESIDENT, NON-RESIDENT, DOWNTOWN CLUB, LIFE, AND HONORARY. FORM 990, PART VI, SECTION A, LINE 7A THE RESIDENT, NON-RESIDENT, LIFE AND HONORARY MEMBERS ELECT THE BOARD OF GOVERNORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE CHAIRMAN, THE GENERAL MANAGER AND ALL OFFICERS REVIEWED AND APPROVED THE FORM 990 ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AND SIGNED BY EACH DIRECTOR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE IS MADE UP OF THE PRESIDENT, TREASURER AND ONE APPOINTED BOARD MEMBER. THE COMPENSATION COMMITTEE MEETS AT LEAST THREE TIMES A YEAR TO REVIEW AND APPROVE WAGES AND BONUSES FOR THE HIGHEST PAID EMPLOYEES OF THE CLUB. THE COMMITTEE ALSO USES COMPENSATION LEVELS FOR SIMILAR POSITIONS AT COMPARABLE CITY CLUBS. THE CLUB'S SECRETARY DOCUMENTS THE RESULTS AND THE DECISIONS IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT PUBLIC INFORMATION. THE CLUB'S ARTICLES OF ORGANZIATION ARE AVAILABLE IN THE ACCOUNTING OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 521,240. FORM 990, PART XII, LINE 2C: THE CLUB HAS AN AUDIT COMMITTEE WHO ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT PROCESS, AND THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HARVARD CLUB OF BOSTON FOUNDATION 374 COMMONWEALTH AVENUE BOSTON MA 02215 046112005 AWARDING SCHOLARSHIPS TO STUDENTS ATTENDING HARVARD UNIVERSITY MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 HARVARD CLUB OF BOSTON FOUNDATION L 116956 FMV