2024-01-15T08:58:35-06:00 2023-05-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2022-06-01 042973109 THE SWEDISH PROGRAM IN ORGANIZATIONAL STUDIES AND PUBLIC POLICY INC SWED 3157370123 2766 FURBECK ROAD ALTAMONT NY 12009 KENNETH S WAGNER PRESIDENT 3157370123 2024-01-15 1 KENNETH WAGNER XXX-XX-XXXX 1 GISO JOSEPH P00030126 7819143400 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KENNETH S WAGNER 2766 FURBECK ROAD ALTAMONT NY 12009 3586931 0 X WWW.SWEDISHPROGRAM.ORG X 1987 NY ADMINISTER A STUDY ABROAD PROGRAM FOR COLLEGE STUDENTS STUDYING AT THE STOCKHOLM SCHOOL OF ECONOMICS. 6 5 3 5 0 0 121124 0 2110926 3088621 89356 9067 43056 31787 2364462 3129475 0 0 0 0 1148189 1180521 0 0 0 985713 1234334 2133902 2414855 230560 714620 811062 1688756 451251 642198 359811 1046558 TO TEACH THE VALUES OF GLOBAL CITIZENSHIP EFFECTIVELY PREPARING STUDENTS TO ADDRESS THE POLITICAL, ECONOMIC, SOCIAL, TECHNOLOGICAL, AND ARTISTIC ISSUES OF THE 21ST CENTURY. 0 0 1766680 3088621 THE ORGANIZATION ADMINISTERS A STUDY ABROAD PROGRAM IN SWEDEN FOR AMERICAN COLLEGE SOPHOMORES, JUNIORS AND SENIORS. THE PROGRAM IS AFFILIATED WITH THE STOCKHOLM SCHOOL OF ECONOMICS AND SPONSORED BY A CONSORTIUM OF AMERICAN COLLEGES AND UNIVERSITIES. THE SWEDISH PROGRAM IS COMMITTED TO CHALLENGING ITS STUDENTS INTELLECTUALLY AND CULTURALLY. THE CHALLENGE OF INTERCULTURAL EDUCATION IS TO LEARN ABOUT THE INSTITUTIONS AND PEOPLE OF A DIFFERENT CULTURE AS YOU GAIN A BETTER UNDERSTANDING OF YOURSELF AND YOUR OWN COUNTRY. 1766680 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 3 1 0 1 SW 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CA NY X X ALISON W GLUCK PROGRAM ADMINISTRATOR 3157370123 2766 FURBECK ROAD ALTAMONT NY 12009 DR KENNETH S WAGNER EXECUTIVE DIRECTOR AND PRE 40.00 X X 335809 0 171762 DR EUGENE TOBIN TRUSTEE/TREASURER 1.00 X X 0 0 0 DR DAVID PARIS TRUSTEE/SECRETARY 1.00 X X 0 0 0 DR ANTHONY MAGISTRALE TRUSTEE 1.00 X 0 0 0 JAMES KETTERER TRUSTEE 1.00 X 0 0 0 AMELIA POOLE TRUSTEE 1.00 X 0 0 0 335809 0 171762 1 0 1 0 0 TUITION FEES 611600 3088621 3088621 3088621 7 7 466516 457456 9060 9060 9060 MISC REVENUE MONTHLY P 611600 31787 31787 31787 3129475 3088621 0 40854 337459 84365 253094 547860 409960 137900 146293 88107 58186 69488 41850 27638 79421 47833 31588 6648 3324 3324 58718 29359 29359 5934 5934 2338 1169 1169 63552 63552 41538 41538 69402 55002 14400 64608 64608 57143 5715 51428 3970 3970 31767 31767 STUDENT HOUSING COSTS 473350 473350 FOOD ALLOWANCE 138410 138410 STUDY TRIP EXPENSE 107713 107713 ORIENTATION 48883 48883 60360 52038 8322 2414855 1766680 648175 0 374474 374556 312949 21248 0 27134 63026 113154 100926 16197 12228 372009 432158 335560 0 158279 811062 1688756 210062 130116 241189 313003 0 199079 451251 642198 X 359811 1046558 359811 1046558 811062 1688756 X 714620 -14062 -13811 X X 0 1 X 1 0 X 390360 701242 -10935 0 1080667 235940 275010 -20590 100000 390360 1494335 206 107895 1366496 235940 1434735 250000 9600 200000 1494335 1403966 400000 9339 378570 1434735 1.00000 0 0 30435 26198 4237 82719 74728 7991 12228 INTERNATIONAL EQUITY FUND 102348 F LARGE CAP FUND 105776 F MULTI-ASSET ACCUMULATION FUND 127436 F 335560 RIGHT OF USE ASSETS - OPERATING LEASES 158279 158279 OPERATING LEASE 158779 DEPOSITS 40300 199079 X 3109479 -14062 -14062 3123541 5934 5934 3129475 2408921 0 2408921 5934 5934 2414855 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM FEDERAL, NEW YORK AND CALIFORNIA INCOME TAXES AS AN EDUCATIONAL INSTITUTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND RELATED SECTIONS OF THE STATE TAX CODES. HOWEVER, THE ORGANIZATION IS SUBJECT TO TAX ON INCOME FROM ANY UNRELATED BUSINESS ACTIVITIES THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ORGANIZATION ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE ORGANIZATION FILES FEDERAL, NEW YORK AND CALIFORNIA TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. THE ORGANIZATION HAD NO RETURNS UNDER EXAMINATION AS OF MAY 31, 2023. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE PROGRAMS NONDISCRIMINATION POLICY IS PRINTED IN ITS BROCHURE AND ON THE APPLICATION FORM. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR KENNETH S WAGNER EXECUTIVE DIRECTOR AND PRE 316609 0 0 0 19200 0 155500 0 16262 0 507571 0 0 0 PART I, LINE 4B: INCLUDED IN SCHEDULE J, PART II FOR THE YEAR ENDED MAY 31, 2023 ARE CERTAIN COMPENSATION PAID TO KENNETH S. WAGNER FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2022: 457B $20,500 457F $24,000 MA MUTUAL WHOLE LIFE INSURANCE $50,000 FORM 990, PART VI, SECTION A, LINE 8B MINUTES OF ALL MEETINGS OF THE BOARD ARE MAINTAINED. FORM 990, PART VI, SECTION B, LINE 11B OUR FORMAL POLICY IS TO DISTRIBUTE A DRAFT COPY OF THE COMPLETE FORM 990 AND ALL ATTACHMENTS TO THE BOARD OF TRUSTEES IN ADVANCE OF A BOARD MEETING. THE BOARD REVIEWS, QUESTIONS, COMMENTS, AND PROVIDES ANY OTHER FEEDBACK OR SUGGESTED AMENDMENTS TO THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, AND KEY PERSON SHALL ANNUALLY SIGN AND SUBMIT TO THE SECRETARY OF THE CORPORATION A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THIS POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWS THE SALARY OF THE PRESIDENT AND USES COMPARABLE DATA FROM OTHER NON-PROFITS AS WELL AS COMPENSATION DATA FROM THE BUREAU OF LABOR STATISTICS. IN ADDITION, A BIENNIAL COMPENSATION AUDIT IS PERFORMED BY AN ACCOUNTING FIRM AND PRESENTED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS PUBLISHED ON THE GUIDESTAR WEBSITE WHICH IS ACCESSIBLE TO THE PUBLIC AND AVAILABLE UPON REQUEST. FORM 1023 AND IRS DETERMINATION LETTER ARE AVAILABLE ON THE NEW YORK ATTORNEY GENERAL WEBSITE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE INCLUDED ON NEW YORK GENERAL WEBSITE. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION ADJUSTMENT -13,811. FORM 990, PAGE 12, PART XII, LINE 2C THE OVERSIGHT PROCESS OF THE AUDIT AND SELECTING OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.