ARMENIAN CHURCH ENDOWMENT FUND INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ARMENIAN CHURCH ENDOWMENT FUND INC (EIN 20-2821426)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-03
- IRS object ID
- 201101239349300800
- Schema version
- 2010v3.2
- 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 | 2011-05-03T08:19:38-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SPRING STREET | AddressLine1 |
| City | NEW BRUNSWICK | City |
| State | NJ | State |
| ZIP Code | 08901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202821426 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMENIAN CHURCH ENDOWMENT FUND INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ARME | NameControl |
| Phone | 2126860710 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 SECOND AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE BALLARD | Name |
| Title | TREASURER | Title |
| Date Signed | 2011-03-31 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Joyce Mayeresky | Name |
| Phone | 7328281614 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MARK GABRELLIAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 SECOND AVENUE | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6680019 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2005 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | Armenian Church Endowment Fund supports parishes and individuals who are creating a legacy through endowments with long-term investment planning and by investing as a community for maximum financial return. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 364108 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 687446 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 146679 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 199935 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -619127 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1174135 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -108340 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2061516 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2153483 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2066698 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 92205 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 92639 | 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 | 325995 | OtherExpensePriorYear |
| Other Expenses Current Year | 786844 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2571683 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2946181 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2680023 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -884665 | RevenuesLessExpensesCY |
| Total Assets BOY | 72399675 | TotalAssetsBOY |
| Total Assets EOY | 78951811 | TotalAssetsEOY |
| Total Liabilities BOY | 24889755 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 27683353 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 47509920 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 51268458 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE ARMENIAN CHURCH ENDOWMENT FUND (ACEF) IS AN INDEPENDENT NONPROFIT ENTITY WHOSE MISSION IS TO PROVIDE PROFESSIONAL, HIGHLY DISCIPLINED, TIGHTLY CONTROLLED AND COST EFFECTIVE ASSET MANAGEMENT SERVICES TO VARIOUS CONSITUENT PARTS OF THE ARMENIAN APOSTOLIC CHURCH, INCLUDING THE DIOCESE OF THE ARMENIAN CHURCH OF AMERICA (EASTERN), THE INDIVIDUAL PARISHES, MISSION PARISHES AND RELATED ENTITIES OF THE DIOCESE, AS WELL AS TO ST. NERSESS ARMENIAN SEMINARY AND THE MOTHER SEE OF HOLY ETCHMIADZIN. THE INVESTMENT OBJECTIVE OF ACEF IS TO EARN SUFFICIENT RETURNS THROUGH TIME TO SUPPORT STABLE AND GROWING INCOME DISTRIBUTIONS FROM EACH INDIVIDUAL ENDOWMENT FUND TO IT'S DESIGNATED BENEFICIARY, WHILE PRESERVING AND ENHANCING THE PRINCIPAL BALANCE OF EACH SUCH ENDOWMENT FUND. ACEF SEEKS TO ACCOMPLISH THIS OBJECTIVE BY AGGREGATING THE INDIVIDUAL ENDOWMENT FUNDS AND INVESTING THEM COLLECTIVELY IN A BROADLY DIVERSIFIED PORTFOLIO MANAGED BY INSTITUTIONAL QUALITY IN INVESTMENT MANAGERS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 2366698 | Expense |
| Grants | 2066698 | Grants |
| Description | PROVIDE CHURCHES AND NOT-FOR-PROFIT ORGANIZATIONS WITH DISTRIBUTIONS AND ALLOCATIONS TO ACHIEVE A CONSISTENT LEVEL INCOME FOR THEIR OPERATIONS | Description |
| Total Program Service Expense | 2366698 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Financial Stmt Attached | false | FinancialStmtAttached |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL HALAJIAN | NamePerson |
| Telephone Number | 2126860710 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 SECOND AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ARCHBISHOP KHAJAG BARSAMIAN | ||||||
| PRESIDENT | 1.0 | X | X | 0 | 0 | 0 |
| MARK GABRELLIAN | ||||||
| CHAIRMAN | 4.0 | X | X | 0 | 0 | 0 |
| GREGORY ZORTHIAN | ||||||
| VICE CHAIRMAN | 3.0 | X | X | 0 | 0 | 0 |
| BRUCE BALLARD | ||||||
| TREASURER | 2.0 | X | X | 0 | 0 | 0 |
| GREGORY PARSEGHIAN | ||||||
| SECRETARY | 4.0 | X | X | 0 | 0 | 0 |
| HAIG ARIYAN | ||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |
| RICHARD ASLANIAN | ||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |
| HAIG DERANIAN | ||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |
| STEPHEN HARATUNIAN | ||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | |
| CHARLES SIMONIAN | ||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |
| OSCAR TATOSIAN | ||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |
| ALYSSA KELESHIAN BONOMO | ||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CAMBRIDGE ASSOCIATES | NamePerson |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SUMMER STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INVEST CONSULTING | DescriptionOfServices |
| Compensation | 111864 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Related Organizations | 56172 | RelatedOrganizations |
| All Other Contributions | 631274 | AllOtherContributions |
| Total Contributions | 687446 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADMINISTRATIVE FEE CHARGED TO CUSTODIAL FUNDS | Description |
| Total Revenue Column | 199935 | TotalRevenueColumn |
| Related Or Exempt Function Income | 199935 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 199935 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1452979 | TotalRevenueColumn |
| Exclusion | $1,452,979 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4339659 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4618503 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -278844 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -278844 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2061516 | TotalRevenueColumn |
| Related Or Exempt Function Income | 199935 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,452,979 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1677944 | Total |
| Program Services | 1677944 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 388754 | Total |
| Program Services | 388754 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77604 | Total |
| Management And General | 77604 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8938 | Total |
| Management And General | 8938 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6097 | Total |
| Management And General | 6097 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1600 | Total |
| Management And General | 1600 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110217 | Total |
| Management And General | 110217 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258866 | Total |
| Management And General | 258866 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53772 | Total |
| Management And General | 53772 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100 | Total |
| Management And General | 100 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9270 | Total |
| Management And General | 9270 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36000 | Total |
| Management And General | 36000 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3493 | Total |
| Management And General | 3493 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275 | Total |
| Management And General | 275 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11809 | Total |
| Management And General | 11809 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| OTHER EXPENSES | 310 | 310 | |
| FILING FEES | 1132 | 1132 | |
| BAD DEBT EXPENSE | 300000 | 300000 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2946181 | Total |
| Program Services | 2366698 | ProgramServices |
| Management And General | 579483 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22530 | BOY |
| EOY | 61931 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16901785 | BOY |
| EOY | 9536533 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 331024 | BOY |
| EOY | 118370 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Accounts Receivable | AccountsReceivable |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 413558 | BOY |
| EOY | 419094 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20035695 | BOY |
| EOY | 29391064 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34695083 | BOY |
| EOY | 39424819 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72399675 | BOY |
| EOY | 78951811 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15425 | BOY |
| EOY | 36506 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24754838 | BOY |
| EOY | 27531873 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119492 | BOY |
| EOY | 114974 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24889755 | BOY |
| EOY | 27683353 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -1330188 | BOY |
| EOY | -573303 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3575073 | BOY |
| EOY | 6189280 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45265035 | BOY |
| EOY | 45652481 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47509920 | BOY |
| EOY | 51268458 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72399675 | BOY |
| EOY | 78951811 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -884665 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4643203 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Certification Checkbox | X | CertificationCheckbox |
| Written IRS Determination | X | WrittenIRSDetermination |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIOCESE OF THE ARMENIAN CHURCH IN AMERICA EASTERN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131628202 | EIN |
| Type Of Organization | 01 | TypeOfOrganization |
| Listed In Governing Doc | true | ListedInGoverningDoc |
| Supported Organization Notified | true | SupportedOrganizationNotified |
| Organized In US | true | OrganizedInUS |
| Amount | $1,587,811 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 1587811 | SumOfAmounts |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47422330 | BeginningOfYearBalance |
| Contributions | 387446 | Contributions |
| Investment Earnings Or Losses | 5811207 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1919212 | GrantsOrScholarships |
| Other Expenditures | 96597 | OtherExpenditures |
| Administrative Expenses | 432481 | AdministrativeExpenses |
| End Of Year Balance | 51172693 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 42672780 | BeginningOfYearBalance |
| Contributions | 364108 | Contributions |
| Investment Earnings Or Losses | 6903040 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2004604 | GrantsOrScholarships |
| Other Expenditures | 94794 | OtherExpenditures |
| Administrative Expenses | 418200 | AdministrativeExpenses |
| End Of Year Balance | 47422330 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 59943029 | BeginningOfYearBalance |
| Contributions | 970037 | Contributions |
| Investment Earnings Or Losses | -15808992 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2032339 | GrantsOrScholarships |
| Other Expenditures | 135650 | OtherExpenditures |
| Administrative Expenses | 263305 | AdministrativeExpenses |
| End Of Year Balance | 42672780 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.97000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment | |
| Other Land Buildings | OtherLandBuildings | |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUNDS | 7624429 | F |
| NATURAL RESOURCES | 5756103 | F |
| VENTURE CAPITAL | 2961106 | F |
| REAL ESTATE | 1290686 | F |
| COLLATERAL INVESTMENT FUND | 0 | F |
| US BOND FUND | 21792495 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 39424819 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CHARITABLE REMAINDER ANNUITIES | Description |
| Amount | $114,974 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 114974 | TotalOfAmounts |
| Total Revenue | 2061516 | TotalRevenue |
| Total Expenses | 2946181 | TotalExpenses |
| Excess Or Deficit For Year | -884665 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4638685 | NetUnrealizedGLOnInvestments |
| Other | $4,518 | OtherAmount |
| Total Adjustments | 4643203 | TotalAdjustments |
| Excess Or Deficit Per FS | 3758538 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6354314 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4638685 | NetUnrealizedGainsInvestments |
| Other Revenues | 4518 | OtherRevenues |
| Revenue Not Rptd F990 | 4643203 | RevenueNotRptdF990 |
| Revenue Subtotal | 1711111 | RevenueSubtotal |
| Other Revenues Not Included | 350405 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 350405 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2061516 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2595776 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 2595776 | ExpensesSubtotal |
| Other Expenses Not Included | 350405 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 350405 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2946181 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ENDOWMENT FUNDS | SCHEDULE D, PART V | ACEF HAS A POLICY OF DISTRIBUTIING EACH YEAR FOUR AND A HALF PERCENT OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERS THROUGH THE CALENDAR YEAR END OF THE PRECEEDING FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED TO THE BENEFICIARY AGENCY DESIGNATED BY THE DONOR. |
| FIN 48 | SCHEDULE D, PARY X, QUESTION 2 | ACEF is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for Federal income tax has been recorded in the statements of activities and changes in net assets. ACEF adopted the pronouncement related to income taxes effective January 1, 2009 and there were no uncertain tax positions at the date of adoption or at December 31, 2010. There are no open tax years prior to 2007. |
| RECONCILIATION OF EXPENSES | SCHEDULE D, PART XIII, 4D | IN THE FINANCIAL STATEMENTS, THERE IS $300,000 NETTED AGAINST REVENUES FOR LOSS DUE TO UNCOLLECTED PLEDGES. THIS AMOUNT IS BEING SHOWN AS BAD DEBT EXPENSE ON THE FORM 990. Addtionally, there is $50,405 of investment expenses that were netted in the financial statements that have been grossed up for presentation in the Form 990. |
| RECONCILIATION OF CHANGE IN NET ASSETS | SCHEDULE D, PART XI, 8 | THE FINANCIAL STATEMENTS INCLUDE AN ADJUSTMENT FOR THE NET PRESENT VALUE OF ANNUITIES OF $4,518 THAT IS NOT SHOWN AS REVENUE IN THE FORM 990. |
| RECONCILIATION OF REVENUE | SCHEDULE D, PART XII, 2D | THE INVESTMENT FEES THAT ARE PROPORTIONALLY CHARGED TO THE CUSTODIAL INVESTMENT FUNDS OF $50,405 WERE NETTED AGAINST THE RELATED INVESTMENT FEES EXPENSE IN THE FINANCIAL STATEMENT. THESE FEES HAVE BEEN INCLUDED AS ADMINISTRATIVE FEE REVENUE FOR THE PRESENTATION IN THE FORM 990. |
| RECONCILIATION OF REVENUE | SCHEDULE D, PART XII, 4B | IN THE FINANCIAL STATEMENT, THERE IS $300,000 NETTED AGAINST REVENUES FOR LOSS DUE TO UNCOLLECTED PLEDGES. THIS AMOUNT IS BEING SHOWN AS BAD DEBT EXPENSE ON THE FORM 990. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
| Total Amount Spent | 398504 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (9 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|
| Russia | GENERAL SUPPORT | 61816 | CHECK |
| Russia | GENERAL SUPPORT | 50880 | CHECK |
| Russia | GENERAL SUPPORT | 50902 | CHECK |
| Russia | GENERAL SUPPORT | 58436 | CHECK |
| Russia | GENERAL SUPPORT | 39235 | CHECK |
| Russia | GENERAL SUPPORT | 36624 | CHECK |
| Middle East/North Africa | GENERAL SUPPORT | 55973 | CHECK |
| Middle East/North Africa | GENERAL SUPPORT | 27467 | Check |
| Russia | PROGRAMS | 9750 | CHECK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 9 | TotalNumberOf501c3Orgs |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | GRANTS OUTSIDE OF THE US MONITORING | Identifier |
| Return Reference | SCHEDULE F | ReturnReference |
| Explanation | THE DISTRIBUTIONS MADE TO BENEFICIARY ORGANIZATIONS OUTSIDE OF THE U.S. ARE BASED ON A CALCULATION OF FOUR AND A HALF PERCENT OF EACH RESPECTIVE ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERS. THE FUNDS RECEIVED ARE UTILIZED BY THE ORGANIZATION TO BENEFIT THE VARIOUS PROGRAMS PROVIDED. THE ARMENIAN CHURCH IS FAMILIAR WITH THE OPERATIONS OF THESE ORGANIZATIONS. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (18 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA (EASTERN | |||||||
| 630 SECOND AVENUE | NEW YORK | NY | 10016 | 131628202 | 501(C)(3) | 860514 | PROGRAMS |
| ST JAMES ARMENIAN CHURCH | |||||||
| 465 MT AUBURN STREET | WATERTOWN | MA | 02472 | 131628202 | 501(C)(3) | 25669 | PROGRAMS |
| HOLY TRINITY ARMENIAN APOSTOLIC CHURCH | |||||||
| 145 BRATTLE ST | CAMBRIDGE | MA | 02138 | 042167475 | 501(C)(3) | 17546 | PROGRAMS |
| ARMENIAN CHURCH OF OUR SAVIOR | |||||||
| 87 SALISBURY ST | WORCESTER | MA | 01609 | 042192685 | 501(C)(3) | 10673 | PROGRAMS |
| HOLY MARTYRS ARMENIAN CHURCH | |||||||
| 209-15 HORACE HARDING EXPWY | BAYSIDE | NY | 11364 | 111819339 | 501(C)(3) | 13080 | PROGRAMS |
| HOLY CROSS CHURCH OF AMERICA | |||||||
| 580W 187TH ST | NEW YORK | NY | 10033 | 131679607 | 501(C)(3) | 47303 | PROGRAMS |
| ST THOMAS ARMENIAN CHURCH | |||||||
| PO BOX 53 | TENAFLY | NJ | 07670 | 221657923 | 501(C)(3) | 8594 | PROGRAMS |
| ST MARY ARMENIAN CHURCH | |||||||
| 220 W MT PLEASANT AVE | LIVINGSTON | NJ | 07039 | 222571494 | 501(C)(3) | 5102 | PROGRAMS |
| HOLY TRINITY ARMENIAN APOSTOLIC CHURCH | |||||||
| 101 ASHMEAD RD | CHELTENHAM | PA | 19012 | 231405611 | 501(C)(3) | 8685 | PROGRAMS |
| ST GREGORY THE ENLIGHTENER ARMENIAN CHURCH | |||||||
| 1131 NORTH ST | WHITE PLAINS | NY | 10605 | 237346244 | 501(C)(3) | 36114 | PROGRAMS |
| ST DAVID ARMENIAN CHURCH | |||||||
| 2300 YAMATO RD | BOCA RATON | FL | 33431 | 591918817 | 501(C)(3) | 7995 | PROGRAMS |
| ST MARY ARMENIAN APOSTOLIC CHURCH | |||||||
| 4125 FESSENDEN ST NW | WASHINGTON | DC | 20016 | 911861915 | 501(C)(3) | 54493 | PROGRAMS |
| ST NERSESS ARMENIAN SEMINARY | |||||||
| 150 STRATTON RD | NEW ROCHELLE | NY | 10804 | 510198454 | 501(C)(3) | 239056 | PROGRAMS |
| FUND FOR ARMENIAN RELIEF | |||||||
| 630 SECOND AVE | NEW YORK | NY | 10016 | 133706646 | 501(C)(3) | 92775 | PROGRAMS |
| HOLY MARTYRS ARMENIAN DAY SCHOOL | |||||||
| 209-15 HORACE HARDING EXPWY | BAYSIDE | NY | 11364 | 112492685 | 501(C)(3) | 110382 | PROGRAMS |
| ACYOA | |||||||
| 630 SECOND AVE | NEW YORK | NY | 10016 | 131628202 | 501(C)(3) | 14332 | PROGRAMS |
| ST JOHN BAPTIST ARMENIAN CHURCH | |||||||
| 7825 W LAYTON CHURCH | MILWAUKEE | WI | 53220 | 391504886 | 501(C)(3) | 15903 | PROGRAMS |
| ST LEON ARMENIAN CHURCH | |||||||
| 12-61 SADDLE RIVER RD | FAIRLAWN | NJ | 07410 | 226168135 | 501(C)(3) | 27210 | PROGRAMS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 100 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | GRANTS IN THE US MONITORING | Identifier |
| Return Reference | SCHEDULE I | ReturnReference |
| Explanation | THE DISTRIBUTIONS MADE TO ORGANIZATIONS IN THE US ARE BASED ON A CALCULATION OF FOUR AND A HALF PERCENT OF THE ASSOCIATED ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERs. THE FUNDS RECEIVED ARE UTILIZED BY THE ORGANIZATION TO BENEFIT THE VARIOUS PROGRAMS PROVIDED. THE ARMENIAN CHURCH OVERSEES THE OPERATIONS OF ALL OF THE CHURCHES AND IS FAMILIAR WITH THESE ORGANIZATIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GOVERNING BODY AND MANAGEMENT | PART VI SECTION B #11 | FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD AND APPROVED BY THE EXECUTIVE COMMITTEE BEFORE SUBMISSION. |
| DISCLOSURE | PART VI SECTION C #19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MAINTAINED ACEF'S OFFICE AND IS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| POLICIES | PART VI SECTION B #12C | ACEF Conflict of Interest policy is provided to each Director at the beginning of the year. Each Director completes and returns the Conflicts of Interest Questionnaire and the signed acknowledgment. The Administrator reviews the completed forms to verify that no conflict of interest exists. |
| COMPENSATION | PART IX, LINE 7 | AN AFFILIATE CHARGES ACEF ON A MONTHLY BASIS FOR THE ENTIRE SALARY OF ONE INDIVIDUAL AND 50% OF THE SALARY FOR TWO OTHER INDIVIDUALS. ACEF REIMBURSES THE AFFILIATE ON A MONTHLY BASIS. THE AFFILIATE FILES AND PAYS ALL THE REQUIRED EMPLOYMENT FILINGS AND PAYROLL TAXES AND CHARGES ACEF FOR THESE EXPENSES AS WELL AS OTHER FRINGE BENEFITS. ACEF DOES NOT FILE ANY EMPLOYMENT RETURNS DIRECTLY AS A RESULT. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIOCESE OF THE ARMENIAN CHURCH IN AMERIC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 SECOND AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10016 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131628202 | EIN |
| Primary Activities | DIOCESE | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(1) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA | |
| B | 860514 |
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA | |
| C | 56172 |
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA | |
| M | 36000 |
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA | |
| N | 77604 |