2012-07-12T10:09:22-05:00 2011-08-31 PKF PC 300 CROWN COLONY DRIVE SUITE 400 QUINCY MA 02169 990 2010-09-01 041423320 HARVARD CLUB OF BOSTON HARV 6175361260 374 COMMONWEALTH AVENUE BOSTON MA 02215 MICHAEL CRONIN 6175361260 2012-07-05 1 ROBERT V DANDROW 6174220007 2012-07-05 2010 2016-02-24 21:20:13Z NICHOLAS J ISELIN 374 COMMONWEALTH AVENUE BOSTON MA 02215 17358282 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 18 317 140 419874 9815 0 0 7744549 7941368 26794 11756 -1577041 -1717929 6194302 6235195 0 0 0 0 3479874 3529549 0 0 0 3957807 3900969 7437681 7430518 -1243379 -1195323 13811240 12602317 5818996 5893295 7992244 6709022 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 1 0 0 1 0 0 0 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 0 1 13 0 317 1 1 1 0 0 0 1 1 207634 3155262 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MICHAEL JENKINS CONTROLLER 6175361260 374 COMMONWEALTH AVENUE BOSTON MA 02215 NICHOLAS J ISELIN 2.00 X X 1800 0 0 JEREMIAH P MURPHY JR 2.00 X X 1800 0 0 JOSEPH FX DONOVAN JR 2.00 X X 1800 0 0 MICHAEL CRONIN 2.00 X X 1800 0 0 MICHAEL H SHANAHAN 2.00 X X 1800 0 0 SCOTT A ABELL 1.00 X 0 0 0 STEPHEN H ALLISON 1.00 X 1800 0 0 J JACQUES CARTER 1.00 X 0 0 0 MITCHELL L DONG 1.00 X 0 0 0 KAREN F GREEN 1.00 X 0 0 0 MATTHEW G HEGARTY 1.00 X 0 0 0 RUBY HENRY 1.00 X 0 0 0 MARIA KARAGIANIS 1.00 X 0 0 0 JONATHAN D LONDON 1.00 X 0 0 0 EDWARD MATSON SIBBLE JR 1.00 X 0 0 0 KEVIN M MCCAFFERTY 1.00 X 0 0 0 ESSENCE R MCGILL ARZU 1.00 X 0 0 0 JOHN A SIMS JR 1.00 X 0 0 0 MARGARET M VAILLANCOURT 1.00 X 0 0 0 KAREN VAN WINKLE 1.00 X 0 0 0 ERIC GILLBERG 40.00 X 295015 0 51072 NICHOLAS ZAKHAROFF 40.00 X 152667 0 24193 MICHAEL JENKINS 40.00 X 141788 0 30663 THOMAS MARTORELLI 40.00 X 127568 0 18250 GARY RODERICK 40.00 X 121039 0 26667 ROGER SCHOFIELD JR 40.00 X 104777 0 27488 953654 0 178333 6 0 1 0 0 MEMBERSHIP DUES 713910 5246661 5246661 ROOMS 721000 1580944 1000907 580037 PARKING 812930 654896 631000 23896 ATHLETICS 713940 385834 385834 CLUB EVENTS 713910 53520 53520 19513 19513 7941368 11756 11756 9405158 11123087 -1717929 -1522114 -195815 6235195 5815321 419874 0 379697 2333619 140556 312211 363466 58526 54700 65459 72624 150253 110342 1621060 12919 14943 802 705353 4167 MISCELLANEOUS 402417 BANK & OTHER FEES 296110 REPAIRS & MAINTENANCE 243985 CLUBHOUSE EXPENSES 87282 INCOME TAX EXPENSE 27 7430518 460588 593907 1301084 16718 3433780 3455801 179103 189614 82393 138262 19688252 11668780 8195965 8019472 158327 188543 13811240 12602317 1154889 1033251 3266829 3352712 1397278 1507332 5818996 5893295 X 7992244 6709022 7992244 6709022 13811240 12602317 X -1195323 -87899 X X 0 1 1 X 0 X X 0 1099024 1099024 10246768 5641513 4605255 2383145 953062 1430083 2803535 2427818 375717 3155780 2646387 509393 8019472 DEFERRED COMPENSATION 168258 NET RETIREMENT OBLIGATION 1339074 1507332 6235195 7430518 -1195323 -87899 -87899 -1283222 17306107 11123087 11123087 6183020 52175 52175 6235195 18501430 11123087 11123087 7378343 52175 52175 7430518 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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. PART XI, LINE 8 - OTHER ADJUSTMENTS: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -87,899. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,123,087. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER CHARGES AND GROSS-UPS 52,175. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,123,087. PART XIII, LINE 4B - OTHER ADJUSTMENTS: MEMBER CHARGES AND GROSS-UPS 52,175. X X X 0 0 0 ERIC GILLBERG 257119 0 35000 0 2896 0 34635 0 16437 0 346087 0 0 0 NICHOLAS ZAKHAROFF 133632 0 17960 0 1075 0 15254 0 8939 0 176860 0 0 0 MICHAEL JENKINS 123493 0 17680 0 615 0 7897 0 22766 0 172451 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 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -87,899. TOTAL TO FORM 990, PART XI, LINE 5: -87,899. 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 1 0 0 1 0 1 0 0