2013-02-08T11:17:49-06:00 2012-06-30 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2011-07-01 042693109 LOWELL PLAN INC LOWE 9784599899 660 SUFFOLK STREET NO 120 LOWELL MA 01854 JAMES JCOOK 9784599899 2013-02-05 1 RICHARD B DIONNE P00142882 9784522500 2013-02-05 2011 2016-02-25 16:41:14Z GARY CAMPBELL 11 KEARNEY SQUARE LOWELL MA 01852 318289 0 X WWW.LOWELLPLAN.ORG X 1980 MA THE LOWELL PLAN, INC. IS A PRIVATE NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT PROVIDES A FORUM FOR PRIVATE AND PUBLIC SECTOR LEADERS TO DISCUSS THE CITY OF LOWELL'S ECONOMIC, EDUCATIONAL, AND CULTURAL DEVELOPMENT AND THAT ALSO SUPPORTS AND ADVOCATES FOR PARTNERSHIP PROGRAMS THAT ADVANCE THE STRATEGIC GOALS OF THE ORGANIZATION. 37 37 2 0 0 0 1742950 238505 129134 44019 92447 35765 0 0 1964531 318289 0 0 0 0 138665 142717 0 0 0 669480 2785600 808145 2928317 1156386 -2610028 5366741 2655215 136535 35037 5230206 2620178 TO PROVIDE A FORUM FOR PUBLIC AND PRIVATE SECTOR LEADERS TO DISCUSS LOWELL'S ECONOMIC, EDUCATIONAL AND CULTURAL DEVELOPMENT AND TO SUPPORT AND ADVOCATE FOR PARTNERSHIP PROGRAMS THAT ADVANCE THE STRATEGIC GOALS OF THE ORGANIZATION. 0 0 2737263 44019 THE OBJECTIVE OF THE LOWELL PLAN, INC. IS TO PROMOTE THE GOOD IMAGE OF LOWELL AND TO ASSIST IN THE CITY'S CONTINUED REVITALIZATION BY MEANS OF VARIOUS PROJECTS: ACRE PROJECT, DOWNTOWN DEVELOPMENT, TROLLEY STUDY AND PUBLIC MATTERS. 2737263 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 2 1 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X JAMES COOK 9784599899 660 SUFFOLK STREET SUITE 120 LOWELL MA 01854 X JAMES CONWAY III 0.00 X X 0 0 0 GARY CAMPBELL 0.00 X X 0 0 0 ERIC P HANSON 0.00 X X 0 0 0 TERENCE F FLAHIVE 0.00 X 0 0 0 JAMES COOK 0.00 X X 0 0 0 DALE S WEISS 0.00 X 0 0 0 CAROLYN COX 0.00 X 0 0 0 WILLIAM SOUCY 0.00 X 0 0 0 JACK CLANCY 0.00 X 0 0 0 STEVEN JONCAS 0.00 X 0 0 0 MARK O'NEIL 0.00 X 0 0 0 EILEEN DONOGHUE 0.00 X 0 0 0 DR CAROLE COWAN 0.00 X 0 0 0 BERNARD LYNCH 0.00 X 0 0 0 NORMAND DESCHENE 0.00 X 0 0 0 MARTIN T MEEHAN 0.00 X 0 0 0 JOHN CHEMALY 0.00 X 0 0 0 JAMES KEEFE 0.00 X 0 0 0 JAMES A SULLIVAN JR 0.00 X 0 0 0 DAVID E WALLACE 0.00 X 0 0 0 JOHN F POWER 0.00 X 0 0 0 MARK S COCHRAN 0.00 X X 0 0 0 JAMES L MILINAZZO 0.00 X 0 0 0 FRANKY DESCOTEAUX 0.00 X 0 0 0 ADAM BAACKE 0.00 X 0 0 0 RICHARD E BOLTON JR 0.00 X X 0 0 0 ROBERT F RIVERS 0.00 X 0 0 0 JOHN HALEY 0.00 X 0 0 0 JAMES B HOGAN 0.00 X 0 0 0 MICHAEL REILLY 0.00 X 0 0 0 CELESTE BERNARDO 0.00 X 0 0 0 TREVOR BLOOM 0.00 X 0 0 0 DAVID GENDALL 0.00 X 0 0 0 DANIELLE MCFADDEN 0.00 X 0 0 0 PATRICK MURPHY 0.00 X 0 0 0 DAVID PRZESIEK 0.00 X 0 0 0 RAYMOND RIDDICK 0.00 X 0 0 0 0 0 0 0 0 0 0 DOMENICK ZANNI SONS INC 22 LAKEVIEW AVENUE READING MA 01867 EXCAVATION WORK 1310902 NATIONAL GRID 775 DUTTON STREET LOWELL MA 01854 ELECTRICAL 1043844 LOWELL CENTRAL ELECTRIC 182 CHELMSFORD STREET LOWELL MA 01851 ELECTRICAL 250368 3 238505 238505 TROLLEY STUDY 900099 33619 33619 PUBLIC MATTERS TUITION 900099 10400 10400 44019 35765 35765 318289 44019 0 35765 98299 40258 58041 9774 9774 26152 26152 8492 3347 5145 8900 8900 2689045 2680149 8896 16493 4337 12156 50000 50000 718 718 1677 1677 CONTRIBUTIONS EXPENSE 9250 9250 PROGRAM EXPENSES 9172 9172 REPAIRS 345 345 2928317 2737263 191054 0 685787 671642 4667385 1979749 936 1452 3588 2050 2256 1538 10377 834 5366741 2655215 136535 35037 136535 35037 X 38392 14107 5191814 2606071 5230206 2620178 5366741 2655215 -2610028 0 X 0 1 1 X 0 X 209000 200475 292405 248800 238505 1189185 209000 200475 292405 248800 238505 1189185 231566 957619 185373 114706 65468 92447 30937 488931 1678116 518024 0.57070 0.55570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2314 1774 540 1274 276 998 1538 318289 2928317 -2610028 -2610028 318289 0 318289 0 318289 2928317 0 2928317 0 2928317 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. EFFECTIVE WITH THE CURRENT YEAR THE ORGANIZATION IS REQUIRED BY ASC 740-10 (FORMERLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATIONS INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE ORGANIZATION'S OFFICERS AND EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS AND OFFICERS OF THE CORPORATION MAY BE INTERESTED DIRECTLY OR INDIRECTLY IN ANY CONTRACT RELATING TO OR INCIDENTAL TO THE OPERATIONS CONDUCTED BY THE CORPORATION, AND MAY FREELY MAKE CONTRACTS, ENTER TRANSACTIONS OR OTHERWISE ACT FOR AND ON BEHALF OF THE CORPORATION, NOTWITHSTANDING THAT THEY MAY ALSO BE ACTING AS INDIVIDUALS, OR AS TRUSTEES OF TRUSTS, OR AS AGENTS FOR OTHER PERSONS OR CORPORATIONS, OR MAY BE INTERESTED IN THE SAME MATTERS AS MEMBERS, DIRECTORS OR OTHERWISE; PROVIDED, HOWEVER, THAT ANY CONTRACT, TRANSACTION OR ACT ON BEHALF OF THE CORPORATION IN A MATTER IN WHICH THE DIRECTORS OR OFFICERS ARE PERSONALLY INTERESTED AS MEMBERS,DIRECTORS OR OTHERWISE, SHALL BE AT ARMS LENGTH AND NOT VIOLATIVE OF THE PROSCRIPTIONS IN THE ARTICLES OF ORGANIZATION AGAINST THE CORPORATION'S USE OR APPLICATION OF ITS FUNDS FOR PRIVATE BENEFIT; AND PROVIDED FURTHER, THAT NO CONTRACT, TRANSACTION OR ACT SHALL BE TAKEN ON BEHALF OF THE CORPORATION IF SUCH CONTRACT, TRANSACTIONS, OR ACT IS A PROHIBITED TRANSACTION OR WOULD RESULT IN DENIAL OF THE TAX EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED. IN NO EVENT, HOWEVER, SHALL ANY PERSON OR OTHER ENTITY DEALING WITH THE DIRECTORS OR OFFICERS BE OBLIGATED TO INQUIRE INTO THE AUTHORITY OF THE DIRECTORS AND OFFICERS TO ENTER INTO AND CONSUMMATE ANY CONTRACT, TRANSACTION OR OTHER ACTION. FORM 990, PART VI, SECTION C, LINE 18 THESE FORMS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE.