2024-02-14T16:03:30-06:00 2023-03-31 020476956 TYLER SIMMS & ST SAUVEUR CPAS PLLC 19 MORGAN DRIVE LEBANON NH 03766 990 2022-04-01 020392580 HANOVER IMPROVEMENT SOCIETY CORPORATION HANO 6036432408 PO BOX 106 HANOVER NH 03755 WILLIAM HAMMOND TREASURER 8022951854 2024-02-14 1 WILLIAM HAMMOND 999009999 0 KYLE M POTTER CPA P02269785 6036530044 2024-02-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DONALD E DERRICK PO BOX 106 HANOVER NH 03755 4316164 0 X WWW.HANOVERIMPROVEMENT.ORG X 1984 NH TO MAKE HANOVER, NEW HAMPSHIRE A BETTER PLACE. 7 7 64 7 469563 0 2366077 2447344 1329665 1436481 249135 103780 -2255 40591 3942622 4028196 5535 0 0 0 757694 775749 0 0 38513 909886 1100185 1673115 1875934 2269507 2152262 9961793 11800445 505504 559837 9456289 11240608 THE MISSION OF THE HANOVER IMPROVEMENT SOCIETY IS TO: IDENTIFY, EVALUATE, AND SUPPORT OPPORTUNITIES TO QUIETLY MAINTAIN AND IMPROVE THE HANOVER COMMUNITY, BY THE FUNDING OF "GOOD WORKS" PROJECTS. 0 0 452477 433698 STORRS POND RECREATION AREA- FACILITIES FOR SWIMMING, CAMPING, PICNICS, TENNIS AND HIKING 438755 533220 JAMES W. CAMPION III RINK- FACILITIES FOR SKATING AND HOCKEY PROGRAMS 634413 OPERATION OF THE NUGGET MOVIE THEATER 1525645 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 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 0 0 0 0 0 1 10 0 1 64 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 1 1 0 NH X X THE ORGANIZATION 6036432408 PO BOX 106 HANOVER NH 03755 DONALD E DERRICK PRESIDENT 1.00 X X 0 0 0 ARICCA VAN CITTERS VICE PRESIDENT AS OF SEPT 2022 1.00 X X 0 0 0 WILLIAM HAMMOND TREASURER AS OF SEPT 2022 1.00 X X 0 0 0 JEANNE E YOUNG SECRETARY 1.00 X X 0 0 0 AMY HOCHREITER DIRECTOR 1.00 X 0 0 0 RICHARD LEMAY DIRECTOR 1.00 X 0 0 0 STEPHEN WOODS DIRECTOR 1.00 X 0 0 0 JEFFREY GRAHAM GENERAL MANAGER 40.00 X 114318 0 5603 114318 0 5603 1 0 0 0 0 2447344 1104248 2447344 JAMES W. CAMPION III R 713990 533220 533220 NUGGET THEATER ADMISSI 713990 469563 469563 STORRS POND RECREATION 713990 433445 433445 MISC INC 713990 253 253 1436481 111821 111821 70800 30209 40591 40591 40591 249718 257759 -8041 -8041 -8041 4028196 966918 469563 144371 120773 120773 520117 459503 60614 86125 78543 7582 48734 35184 13550 105566 25580 79986 15081 14349 732 8155 8155 89202 74709 14493 266933 266467 466 7043 7038 5 214938 214686 252 99349 87085 12264 NUGGET FILM RENTAL 164343 164343 OPERATING SUPPLIES 53784 53784 DEVELOPMENT EXPENSES 38513 38513 CONCESSION EXPENSE 31900 31900 5378 4319 1059 1875934 1525645 311776 38513 814526 411633 2396304 1555100 1484367 79913 46106 5793 6534 22001 8812 8822208 6091194 2445525 2731014 5038935 4715675 9961793 11800445 92543 248791 207210 160662 200554 146084 5197 4300 505504 559837 X 7586246 6953143 1870043 4287465 9456289 11240608 9961793 11800445 2152262 -367943 0 X 0 1 X 0 0 X 154665 288992 286591 2369245 2447344 5546837 816592 840887 615556 930060 1463481 4666576 971257 1129879 902147 3299305 3910825 10213413 0 0 0 10213413 187263 193398 118442 148866 182621 830590 187263 193398 118442 148866 182621 830590 4781 4781 1158520 1323277 1020589 3452952 4093446 11048784 0.92440 0.89460 0.07520 0.10270 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 4,781. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 0 116318 116318 4781265 3237491 1543774 1928821 1659157 269664 1995804 1194546 801258 2731014 TENANT DEPOSIT 4300 4300 X 3690462 -367943 -367943 4058405 -30209 -30209 4028196 1906143 30209 30209 1875934 0 1875934 PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SOCIETY'S TAX-EXEMPT PURPOSE, INCLUDING INCOME GENERATED BY THE NUGGET THEATER, AND A PORTION OF RENTAL INCOME FROM DEBT-FINANCED PROPERTY, IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ACCORDINGLY, PROVISION FOR INCOME TAXES ON THIS UNRELATED BUSINESS INCOME HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE PROVISION FOR INCOME AND STATE BUSINESS ENTERPRISE TAXES WAS $421 AND $0 FOR THE YEARS ENDED MARCH 31, 2023 AND 2022, RESPECTIVELY. IN ADDITION, THE SOCIETY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -30,209. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 30,209. X 3 1079248 FMV X PLAYGROUND EQUIPMENT 1 25000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE HANOVER IMPROVEMENT SOCIETY CORPORATION HAS SOCIETY MEMBERS WHOSE RESPONSIBILITIES ARE TO ELECT THE BOARD OF DIRECTORS AND TO VOTE ON ANY CHANGES IN THE BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE SOCIETY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS SHALL REPORT TO AND SHALL ADVISE THE MEMBERS OF THE CORPORATION REGARDING: ALL PLANS FOR THE DISBURSEMENT OF FUNDS FOR PUBLIC BENEFITS; MAJOR CHANGES IN THE MANAGEMENT OF THE ORGANIZATION OR IN ANY OTHER PROJECTS; ANY CHANGES IN GENERAL POLICY. FORM 990, PART VI, SECTION B, LINE 11B THE GENERAL MANAGER, AND THE OFFICE MANAGER REVIEW AND APPROVE THE FORM 990 BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C AT MONTHLY MEETINGS, THE DIRECTORS ARE REQUIRED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 REVIEWED BY TREASURER, GENERAL MANAGER, AND OFFICE MANAGER FORM 990, PART VI, SECTION C, LINE 19 THE HANOVER IMPROVEMENT SOCIETY CORPORATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.