2022-09-09T16:04:09-05:00 2021-12-31 825448715 SPINELLI CPA PC 146 WEST BOYLSTON DRIVE SUITE 302 WORCESTER MA 01606 990 2021-01-01 042606869 NASHUA VALLEY COUNCIL TRUST FUND #230 NASH 9785343532 394 PLEASANTDALE ROAD RUTLAND MA 01543 MARK BARBERNITZ SCOUT EXECUTIVE 9785343532 2022-09-09 1 MARK BARBERNITZ 999009999 KAREN SPINELLI P00644492 5083656522 2022-09-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MARK BARBERNITZ 394 PLEASANTDALE ROAD RUTLAND MA 01543 1052747 0 X WWW.HEARTOFNEWENGLANDBSA.ORG/ X 1965 MA THE EXECTUIVE BOARD OF HEART OF NEW ENGLAND COUNCIL BOY SCOUTS OF AMERICA, INC., HAS APPROVED THE CREATION AND ESTABLISHMENT OF THE NASHUA VALLEY COUNCIL TRUST FUND, FOR THE BENEFIT OF SCOUTING IN THE TERRITORY COVERED BY THE LOCAL COUNCIL CHARTER. FOR THE GENERAL PURPOSES STATED IN THE ACT OF CONGRESS APPROVED BY JUNE 15, 1916, CREATING THE BOY SCOUTS OF AMERICA. 32 32 0 0 0 0 8592 5025 0 0 202893 178628 0 0 211485 183653 85741 385 0 0 0 0 0 0 0 20388 23146 106129 23531 105356 160122 2648447 3059463 0 0 2648447 3059463 X THE EXECTUIVE BOARD OF HEART OF NEW ENGLAND COUNCIL BOY SCOUTS OF AMERICA, INC., HAS APPROVED THE CREATION AND ESTABLISHMENT OF THE NASHUA VALLEY COUNCIL TRUST FUND, FOR THE BENEFIT OF SCOUTING IN THE TERRITORY COVERED BY THE LOCAL COUNCIL CHARTER. FOR THE GENERAL PURPOSES STATED IN THE ACT OF CONGRESS APPROVED BY JUNE 15, 1916, CREATING THE BOY SCOUTS OF AMERICA. 0 0 23531 385 PROVIDED SUPPORT TO THE PROGRAMS OF THE HEART OF NEW ENGLAND COUNCIL BOY SCOUTS OF AMERICA, INC,, WHOSE MISSION IS TO PREPARE THE YOUNG PEOPLE TO MAKE MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES BY INSTILLING IN THEM THE VALUES OF THE SCOUTH OATH AND LAW. 23531 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X CAROLYN TOBIN 9785343532 394 PLEASANTDALE ROAD RUTLAND MA 01543 TIM DALY MEMBER AT LARGE 0.00 1.00 X 0 0 0 CHRIS BAKER PRESIDENT 0.00 5.00 X X 0 0 0 AARON LANGLOIS VP OF PROGRAM AND CAMPING 0.00 5.00 X X 0 0 0 JOHN O'MALLEY VP OF MEMBERSHIP STANDARDS 0.00 5.00 X X 0 0 0 JEREMY AHEARN VP OF ADMINISTRATION 0.00 10.00 X X 0 0 0 TERRY BASS VP FUND DEVELOPMENT 0.00 1.00 X X 0 0 0 DAVID BOSSELAIT MEMBER AT LARGE 0.00 1.00 X 0 0 0 MATTHEW CIAMPAGLIA MEMBER AT LARGE 0.00 1.00 X 0 0 0 JOHN CREEDON EXECUTIVE VP 0.00 1.00 X X 0 0 0 MICHAEL GERRY MEMBER AT LARGE 0.00 1.00 X 0 0 0 KEVIN KEARNEY MEMBER AT LARGE 0.00 1.00 X 0 0 0 KEN KRONLUND MEMBER AT LARGE 0.00 1.00 X 0 0 0 ALAN MALKASIAN VP OF FINANCE 0.00 1.00 X X 0 0 0 CALVIN MOORE MEMBER AT LARGE 0.00 1.00 X 0 0 0 BRANDEN MORRIS MEMBER AT LARGE 0.00 1.00 X 0 0 0 CHRISTOPHER PERA MEMBER AT LARGE 0.00 1.00 X 0 0 0 JAMIE PITNEY MEMBER AT LARGE 0.00 1.00 X 0 0 0 MARC SMITH MEMBER AT LARGE 0.00 1.00 X 0 0 0 RICHARD SPURR VP OF MARKETING 0.00 1.00 X X 0 0 0 DAVID STONE MEMBER AT LARGE 0.00 1.00 X 0 0 0 CHARLES THOMPSON MEMBER AT LARGE 0.00 1.00 X 0 0 0 IRA WOLF MEMBER AT LARGE 0.00 1.00 X 0 0 0 PAUL O'RIORDAN VP OF LEGAL AFFAIRS 0.00 1.00 X X 0 0 0 BRIAN ANDERS COUNCIL COMMISSIONER 0.00 1.00 X 0 0 0 ANDRES BAUER VP PROPERTIES 0.00 1.00 X X 0 0 0 RAJIV DAYAL MEMBER AT LARGE 0.00 1.00 X 0 0 0 ANA MARTINEZ-REYNOLDS MEMBER AT LARGE 0.00 1.00 X 0 0 0 DAN NEWMAN MEMBER AT LARGE 0.00 1.00 X 0 0 0 RAY ROCHELLE VP GOVERNANCE 0.00 1.00 X X 0 0 0 DAN SCOTTI MEMBER AT LARGE 0.00 1.00 X 0 0 0 MARK STICKNEY TREASURER 0.00 1.00 X X 0 0 0 STEVE WENDELL MEMBER AT LARGE 0.00 1.00 X 0 0 0 MARK BARBERNITZ SCOUT EXECUTIVE 1.00 40.00 X 0 99435 0 0 99435 0 0 0 0 0 0 5025 5025 142573 142573 905149 869094 36055 36055 36055 183653 0 0 178628 385 385 23146 23146 23531 23531 0 0 97479 1145471 2523683 1888091 27285 25901 2648447 3059463 0 0 X 22573 0 2625874 3059463 2648447 3059463 2648447 3059463 160122 250894 0 X 0 1 X 1 0 X X 1 HEART OF NEW ENGLAND COUNCIL BSA 042349692 7 1 385 0 1 385 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2648447 5025 406376 385 3059463 2482611 8592 242985 85741 2648447 2198388 4580 447341 167698 2482611 1704850 1001430 -178084 329808 2198388 1562445 5383 214780 77758 1704850 0 0 0 X PART V, LINE 4: ENDOWMENT FUNDS REPRESENT PERMANENTLY RESTRICTED CONTRIBUTIONS FOR WHICH THE PRINCIPLE IS INVESTED IN A LONG-TERM INVESTMENT PORTFOLIO. INVESTMENT INCOME IS A TEMPORARILY RESTRICTED REVENUE RESOURCE WHEN EARNED, DETERMINED ACCORDING TO THE GIFT INSTRUMENTS. THE TRUST CAN ALSO APPROPRIATE 4.5% OF THE AVERAGE MARKET VALUE OVER THE PRIOR FIVE YEAR TO SUPPORT HEART OF NEW ENGLAND COUNCIL, BOY SCOUTS OF AMERICA, INC.'S (THE COUNCIL) OPERATIONS. PART X, LINE 2: NASHUA VALLEY COUNCIL TRUST FUND (THE TRUST) ACCOUNTS FOR UNCERTAINITY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINITY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN IN A TAX RETURN, THE TRUST HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITION WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURES IN THE COMBINED FINANCIAL STATEMENTS AT DECEMBER 31, 2020. THE TRUST'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURIDICATIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE BOARD OF HEART OF NEW ENGLAND COUNCIL, BOY SCOUTS OF AMERICA, (THE COUNCIL) SHALL BE THE GOVERNING BODY PF THE CORPORATION AND SHALL MANAGE ITS AFFAIRS. THE EXECUTIVE BOARD SHALL BE THE LOCAL REVIWING AUTHORITY WITH RESPECT TO MATTERS WITHIN THE SCOUTING MOVEMENT WHICH ARISE IN THE TERRITORY OF THE CORPORATION. THERE SHALL BE AN EXECTUIVE COMMITTEE CONSISTING OF THE PERSONS AND HAVING THE POWERS SPECIFIED BELOW. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THOSE PERSONS WHO ARE THE OFFICERS OF THE CORPORATION, INCLUDING THE SCOUT EXECUTIVE (WHO SHALL HAVE NO VOTE), AND MAY INCLUDE OTHERS APPOINTED BY THE PRESIDENT. THE EXECUTIVE COMMITTEE OF THE EXECUTIVE BOARD SHALL HAVE AND MAY EXERCISE ALL THE NECESSARY POWERS OF THE EXECTUIVE BOARD IN THE MANAGEMENT OF THE CORPORATION DURING THE INTERVALS BETWEEN THE MEETINGS OF THE EXECUTIVE BOARD, BUT IN NO EVENT SHALL THE EXECUTIVE COMMITTEE ACT CONTRARY TO ACTION THEREFORE TAKEN BY THE EXECUTIVE BOARD. MINUTES SHALL BE KEPT OF ALL EXECUTIVE COMMITTEE ACTIONS AND REPORTED. AT THE ENSUING MEETING OF THE EXECUTIVE BOARD FOR ITS APPROVAL. MEETINGS OF THE EXECUTIVE COMMITTEE MAY BE CALLED AT ANY TIME BY THE PRESIDENT AND SHALL BE CALLED BY THE PRESIDENT WITHIN 30 DAYS UPON THE REQUEST OF THREE OR MORE MEMBERS OF THE EXECUTIVE COMMITTEE. IT SHALL BE THE GENERAL PRACTICES OF THE EXECUTIVE COMMITTEE TO MEET IN THOSE MONTHS IN WHICH THE EXECUTIVE BOARD DOES NOT MEET. ALL MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE HELD ON AT LEAST 3 DAYS WRITTEN NOTICE BY FAX OR ELECTRONIC MAIL. A MAJORITY OF THE VOTING MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM. FORM 990, PART VI, SECTION A, LINE 6 THE EXECUTIVE BOARD OF HEART OF NEW ENGLAND BOY SCOUTS OF AMERICA, INC. (THE COUNCIL), HAVING ESTABLISHED AND CREATED THE NASHUA VALLEY COUNCIL TRUST FUND, (THE FUND), SHALL BE ITS GOVERNING BODY. THE COUNCIL HAS THE POWER TO APPOINT AND DISCHARGE THE TRUSTEE AS IT DEEMS APPROPIATE AND, SUBJECT TO THE PROVISIONS OF THE CHARTER, BYLAWS, AND RULES AND REGULATIONS OF THE BOY SCOUTS OF AMERICA, GIVES BROAD POWERS TO THE TRUSTEES, AS ENUMERATED IN THE AGREEMENT OF TRUST, TO THE ADMINSTER OF THE FUND. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE MEMBERS MAY ELECT THE MEMBERS OF THE GOVERNING ODY. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE MEMBERS OF THE COUNCIL MAY ELECT MEMBERS-AT-LARGE, REGULAR MEMBERS OF THE EXECUTIVE BOARD, AND OFFICERS OF THE COUNCIL OTHER THAN THE SCOUT EXECUTIVE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION AND ITS GOVERNING BOARD WERE PROVIDED WITH A DRAFT OF HE FORM 990 FOR THEIR REVIEW BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT LEAST ONCE A YEAR, THE TRUST FOLLOWS THE POLICY OF THE COUNCIL WHICH IS TO DISTRIBUTE A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORMS TO ITS OFFICERS, DIRECTORS AND PROFESSIONAL EMPLOYEES. THE COVERED PERSONS ARE REQUIRED TO COMPLETE AND SIGN THE CERTIFICATION AND DISCLOSURE FORM, WHICH IS RETAINED IN THE COUNCIL FILES. THE CERTIFICATION AND DISCLOSURE FORMS ARE REVIEWED NO LESS THAN ANNUALLY BY THE SCOUT EXECUTIVE AND TREASURER. ADDITIONALLY, THE COUNCIL COMPLIES AND MAINTAINS A LIST OF POTENTIALLY CONFLICTED ENTITIES AND INDIVIDUALS. PROPOSED TRANSACTIONS ARE THEN MATCHED AGAISNT THE LIST AS A MEANS OF IDENTIFYING POSSIBLE CONFLICTS. THE SCOUT EXECUTIVE IS ULTIMATELY RESPONSIBLE FOR MAINTAINING THE LIST AND SCREENING FOR POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE HEART OF NEW ENGLAND COUNCIL MAKES ALL DOCUMENTS AVAILABLE FOR REVIEW AT THE COUNCIL SERVICE CENTER DURING NORMAL BUSINESS HOURS, BETWEEN 8:30 AM - 4:30 PM, MONDAY THROUGH FRIDAY BY APPOINTMENT. HEART OF NEW ENGLAND BOY SCOUTS OF AMERICA INC 394 PLEASANTDALE ROAD RUTLAND MA 01543 042349692 OVERSEEING THE NASHUA VALLEY COUNCIL TRUST FUND MA 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HEART OF NEW ENGLAND COUNCIL BSA B 385 GRANT AMOUNT