2015-11-12T09:32:19-06:00 2014-12-31 042943536 Tonneson & Company Inc 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2014-01-01 042139204 Boston Marine Society BOST 6172420522 100 1st Charlestown Navy Yd No 102 Boston MA 02129 Captain Jeffrey J Havlicek President 6172420522 2015-11-12 1 John T Parker P00854367 7812459999 2015-11-12 2014 2016-04-25 22:37:26Z X Captain Jeffrey J Havlic 21 Outlook Road Swampscott MA 01907 7216625 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 -1474 88970 102284 7320 7320 787177 1360159 273 432 883740 1470195 159000 159000 0 0 100647 102121 0 0 0 388968 369509 648615 630630 235125 839565 20261756 20901973 14835 10033 20246921 20891940 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 150000 150000 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. 54793 432 Other expenses to maintain historical assets held by the Society that are used to educate the public about the coast. 112549 7320 Conferences and meetings to provide a forum for the discussion of the coast and to promote public awareness of the coast. 112549 7320 326342 0 1 0 1 0 0 1 0 0 1 1 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 1 1 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 Carl A Pottey 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 Trustee 2.00 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 Trustee 2.00 X 0 0 0 Captain Robert A Kolofsky Trustee 2.00 X 0 0 0 Captain David E Cox Trustee 2.00 X 0 0 0 Captain Charles G Gifford Trustee 2.00 X 0 0 0 Captain Jeffrey J Havlicek President 2.00 X X 0 0 0 Captain Joseph K Fitzpatrick Vice President 2.00 X X 0 0 0 Captain James P Crane Secretary 2.00 X X 0 0 0 Captain Carl A Pottey Treasurer 2.00 X X 0 0 0 Martha R Bagley Esq Assistant Secretary/Treasurer 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 3284 99000 102284 Activity Fees 900099 7320 7320 7320 530508 530508 6576081 5746430 829651 829651 829651 Other Investment Income 523000 432 432 432 1470195 7752 0 1360159 89000 89000 70000 70000 92149 46074 46075 2702 1351 1351 7270 3635 3635 350 350 14733 14733 2859 2859 118713 118713 13065 6532 6533 70864 35432 35432 4429 4429 67038 67038 1048 524 524 36397 36397 Gifts 21709 21709 Miscellaneous 12629 12629 Telephone 3756 1878 1878 Postage 1669 1669 250 250 630630 326342 304288 0 17360 22118 332959 1030211 11424 21401 9432 1572 8908 7860 17546043 17384131 1592922 1686236 752140 750016 20261756 20901973 14835 10033 14835 10033 X 19610635 20255654 636286 636286 20246921 20891940 20261756 20901973 X 839565 -189916 -4630 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 720396 X X 0 9432 1572 7860 7860 Alternative Investments 1686236 F 1686236 X 1280279 -189916 -189916 1470195 0 1470195 635260 0 635260 -4630 -4630 630630 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, 2014, 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 XI, Line 2d - Other Adjustments: Accrual to cash basis adjustments Part XII, Line 4b - Other Adjustments: Accrual to cash basis adjustments -4,630. 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) 15000 Construction of two Z-Drive Model SDM Maine Maritime Academy PO Box C-3 Castine ME 04420 016000724 501(c)(3) 15000 Upgrade Bridge Simulator USS Massachusetts Memorial Committee Inc PO Box 111 Fall River MA 027220111 042377049 501(c)(3) 5000 Battleship Cove Community Boating program Sail Salem Inc 23 Glendale St Salem MA 01970 208157746 501(c)(3) 5000 Expand fleet of training vessels and hire executive director The Boston Seaman's Friend Society 77 Broadway Chelsea MA 02150 042103913 501(c)(3) 10000 Vehicle expensesSupport ongoing work of chaplain/fuel and personnel costs New Bedford Whaling Museum 18 Johnny Cake Hill New Bedford MA 02740 042104805 501(c)(3) 5000 38th Annual Whaling History Symposium World Ocean School PO Box 51091 Boston MA 02205 020610358 501(c)(3) 5000 Providing challenging educational programs aboard the schooner Roseway 38th Annual Whaling History Symposium 8 Scholarships for students attending Massachusetts Maritime Academy associated with the education & preservation of the coast. 6 30000 Scholarships for students attending Maine Maritime Academy associated with the education & preservation of the coast. 20 30000 Scholarship for student attending Maine Maritime Academy in the name of Captain Robert Spear. 1 1000 Relief grant funds provided to survivors of members who are in need of financial assistance. 1 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 11 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 Directors 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 books not recorded on Form 990 -4,630. 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.