HARVARD CLUB OF BOSTON: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HARVARD CLUB OF BOSTON (EIN 04-1423320)
- Tax period
- 2011-09-01 to 2012-08-31
- Filed
- 2013-06-28
- IRS object ID
- 201321799349300627
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-06-28T13:18:32-05:00 | Timestamp |
| Tax Period End Date | 2012-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043138777 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 CROWN COLONY DRIVE SUITE 400 | AddressLine1 |
| City | QUINCY | City |
| State | MA | State |
| ZIP Code | 02169 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041423320 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVARD CLUB OF BOSTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HARV | NameControl |
| Phone | 6175361260 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL CRONIN | Name |
| Title | TREASURER | Title |
| Phone | 6175361260 | Phone |
| Date Signed | 2013-06-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT V DANDROW | Name |
| PTIN | P00294799 | PTIN |
| Phone | 6174220007 | Phone |
| Date Prepared | 2013-06-24 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NICHOLAS J ISELIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 18395424 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.HARVARDCLUB.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1908 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 323 | TotalNbrEmployees |
| Total Nbr Volunteers | 140 | TotalNbrVolunteers |
| Total Gross UBI | 876647 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 460 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7941368 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8398705 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 11756 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1501 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -1717929 | OtherRevenuePriorYear |
| Other Revenue Current Year | -1580998 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6235195 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6819208 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3529549 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3585320 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3900969 | OtherExpensePriorYear |
| Other Expenses Current Year | 6931332 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7430518 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10516652 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1195323 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3697444 | RevenuesLessExpensesCY |
| Total Assets BOY | 12602317 | TotalAssetsBOY |
| Total Assets EOY | 13267705 | TotalAssetsEOY |
| Total Liabilities BOY | 5893295 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10509295 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6709022 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2758410 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | 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. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 20 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 323 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| Initiation Fees | $235,602 | InitiationFeesAmount |
| Gross Receipts | $3,055,406 | GrossReceiptsAmount |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL JENKINS CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6175361260 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| NICHOLAS J ISELIN | ||||||||
| PRESIDENT | 2.00 | X | X | 1980 | 0 | 0 | ||
| JEREMIAH P MURPHY JR | ||||||||
| VICE PRESIDENT | 2.00 | X | X | 1980 | 0 | 0 | ||
| JOSEPH FX DONOVAN JR | ||||||||
| VICE PRESIDENT, DIRECTOR EFF. 4/2012 | 2.00 | X | X | 1980 | 0 | 0 | ||
| KAREN VAN WINKLE | ||||||||
| DIRECTOR, VP EFF. 4/2012 | 1.00 | X | X | 0 | 0 | 0 | ||
| MICHAEL CRONIN | ||||||||
| TREASURER | 2.00 | X | X | 1980 | 0 | 0 | ||
| MICHAEL H SHANAHAN | ||||||||
| SECRETARY | 2.00 | X | X | 1980 | 0 | 0 | ||
| SCOTT A ABELL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| STEPHEN H ALLISON | ||||||||
| DIRECTOR | 1.00 | X | 1980 | 0 | 0 | |||
| J JACQUES CARTER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KATHERINE CRAVEN | ||||||||
| DIRECTOR, EFF. 4/2012 | 1.00 | X | 0 | 0 | 0 | |||
| MITCHELL L DONG | ||||||||
| 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 | |||
| RUBY HENRY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| EDWARD MATSON SIBBLE JR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KEVIN M MCCAFFERTY | ||||||||
| DIRECTOR, UNTIL 4/2012 | 1.00 | X | 0 | 0 | 0 | |||
| ESSENCE R MCGILL ARZU | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN A SIMS JR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MARGARET M VAILLANCOURT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ERIC GILLBERG | ||||||||
| GENERAL MANAGER | 40.00 | 289392 | 0 | 65238 | X | |||
| NICHOLAS ZAKHAROFF | ||||||||
| EXECUTIVE CHEF | 40.00 | 150450 | 0 | 36228 | X | |||
| MICHAEL JENKINS | ||||||||
| CONTROLLER | 40.00 | 140617 | 0 | 27921 | X | |||
| THOMAS MARTORELLI | ||||||||
| DIRECTOR OF MARKETING | 40.00 | 130975 | 0 | 22651 | X | |||
| GARY RODERICK | ||||||||
| DTC CLUB MANAGER | 40.00 | 121721 | 0 | 30491 | X | |||
| ROGER SCHOFIELD JR | ||||||||
| CLUB MANAGER | 40.00 | 101103 | 0 | 26832 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 946138 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 209361 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MEMBERSHIP DUES | 713910 | 5514213 | 5514213 | |
| ROOMS | 721000 | 1696813 | 767777 | 929036 |
| PARKING | 812930 | 677249 | 614300 | 62949 |
| ATHLETICS | 713940 | 397146 | 397146 | |
| CLUB EVENTS | 713910 | 62550 | 62550 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50734 | TotalRevenueColumn |
| Related Or Exempt Function Income | 50734 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8398705 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1501 | TotalRevenueColumn |
| Unrelated Business Revenue | 1501 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 9995218 | GrossSalesOfInventory |
| Cost Of Goods Sold | 11576216 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1580998 | TotalRevenueColumn |
| Related Or Exempt Function Income | -1464159 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -116839 | UnrelatedBusinessRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6819208 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5942561 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 876647 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 349989 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2391142 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92552 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 530144 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221493 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136886 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60700 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33097 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72418 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118134 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100389 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1631176 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10644 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22373 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16608 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 706111 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4993 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| INCOME TAX EXPENSE | 141 |
| LITIGATION SETTLEMENT | 3002960 |
| OPERATING SUPPLIES | 412398 |
| BANK & OTHER FEES | 300467 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 301837 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10516652 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593907 | BOY |
| EOY | 545954 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16718 | BOY |
| EOY | 1818 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3455801 | BOY |
| EOY | 3444039 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189614 | BOY |
| EOY | 200688 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138262 | BOY |
| EOY | 144225 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 20170197 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12374891 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8019472 | BOY |
| EOY | 7795306 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 188543 | BOY |
| EOY | 1135675 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12602317 | BOY |
| EOY | 13267705 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1033251 | BOY |
| EOY | 1349103 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3352712 | BOY |
| EOY | 3037391 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 332169 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1507332 | BOY |
| EOY | 5790632 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5893295 | BOY |
| EOY | 10509295 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6709022 | BOY |
| EOY | 2758410 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6709022 | BOY |
| EOY | 2758410 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12602317 | BOY |
| EOY | 13267705 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3697444 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -253168 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1099024 | OtherCostOrOtherBasis |
| Book Value | 1099024 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10320054 | OtherCostOrOtherBasis |
| Depreciation | 5942553 | Depreciation |
| Book Value | 4377501 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2729917 | OtherCostOrOtherBasis |
| Depreciation | 1137414 | Depreciation |
| Book Value | 1592503 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2854864 | OtherCostOrOtherBasis |
| Depreciation | 2593312 | Depreciation |
| Book Value | 261552 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3166338 | OtherCostOrOtherBasis |
| Depreciation | 2701612 | Depreciation |
| Book Value | 464726 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7795306 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| LIQUOR LICENSE | 20285 |
| INVESTMENTS - DEFERRED COMPENSATION | 198390 |
| INSURANCE CLAIM RECEIVABLE | 917000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1135675 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION | $198,390 |
| NET RETIREMENT OBLIGATION | $1,592,242 |
| LITIGATION SETTLEMENT | $4,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5790632 | TotalOfAmounts |
| Total Revenue | 6819208 | TotalRevenue |
| Total Expenses | 10516652 | TotalExpenses |
| Excess Or Deficit For Year | -3697444 | ExcessOrDeficitForYear |
| Other | -$253,168 | OtherAmount |
| Total Adjustments | -253168 | TotalAdjustments |
| Excess Or Deficit Per FS | -3950612 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 18332873 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 11576216 | OtherRevenues |
| Revenue Not Rptd F990 | 11576216 | RevenueNotRptdF990 |
| Revenue Subtotal | 6756657 | RevenueSubtotal |
| Other Revenues Not Included | 62551 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 62551 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6819208 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22030317 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 11576216 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 11576216 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10454101 | ExpensesSubtotal |
| Other Expenses Not Included | 62551 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 62551 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10516652 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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: | 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. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -253,168. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| COST OF GOODS SOLD 11,576,216. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| MEMBER CHARGES AND GROSS-UPS 62,551. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| COST OF GOODS SOLD 11,576,216. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| MEMBER CHARGES AND GROSS-UPS 62,551. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ERIC GILLBERG | |||||||||||||
| 255996 | 0 | 30500 | 0 | 2896 | 0 | 46823 | 0 | 18415 | 0 | 354630 | 0 | 0 | 0 |
| NICHOLAS ZAKHAROFF | |||||||||||||
| 133449 | 0 | 16020 | 0 | 981 | 0 | 14554 | 0 | 21674 | 0 | 186678 | 0 | 0 | 0 |
| MICHAEL JENKINS | |||||||||||||
| 124492 | 0 | 15600 | 0 | 525 | 0 | 4766 | 0 | 23155 | 0 | 168538 | 0 | 0 | 0 |
| THOMAS MARTORELLI | |||||||||||||
| 120792 | 0 | 8360 | 0 | 1823 | 0 | 13038 | 0 | 9613 | 0 | 153626 | 0 | 0 | 0 |
| GARY RODERICK | |||||||||||||
| 107402 | 0 | 12930 | 0 | 1389 | 0 | 12476 | 0 | 18015 | 0 | 152212 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 REVIEWED AND APPROVED THE FORM 990. | |
| 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 TREASURER, PRESIDENT AND THE SECRETARY. 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 5: | PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -253,168. TOTAL TO FORM 990, PART XI, LINE 5: -253,168. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| 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. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARVARD CLUB OF BOSTON FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 374 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02215 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046112005 | EIN |
| Primary Activities | AWARDING SCHOLARSHIPS TO STUDENTS ATTENDING HARVARD UNIVERSITY | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |