2024-05-15T16:44:01-05:00 2023-06-30 042943536 TONNESON & COMPANY PC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2022-07-01 223186247 READING ICE ARENA AUTHORITY INC READ 7819422271 51 SYMONDS WAY READING MA 01867 DAVID HUNTER TREASURER 7819422271 2024-05-15 1 DAVID HUNTER 999009999 0 AMY K PHELAN P01403240 7812459999 2024-04-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID HUNTER 51 ASHLEY PL READING MA 01867 1034692 0 X WWW.BURBANKICEARENA.COM X 1992 MA TO OPERATE THE BURBANK ICE ARENA AND TO FOSTER YOUTH DEVELOPMENT THROUGH LOCAL, NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION IN HOCKEY AND FIGURE SKATING, AND TO ENGAGE IN EDUCATIONAL AND OTHER RELATED ACTIVITIES AS TO AMATEUR ATHLETICS AND PUBLIC SKATING. 7 7 17 0 30088 0 0 0 853609 913155 10704 932 28096 75988 892409 990075 0 0 0 0 412799 443254 0 0 0 479115 578844 891914 1022098 495 -32023 696980 753596 85326 173965 611654 579631 TO FOSTER YOUTH DEVELOPMENT THROUGH LOCAL, NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION IN HOCKEY AND FIGURE SKATING, AND TO ENGAGE IN EDUCATIONAL AND OTHER RELATED ACTIVITIES AS TO AMATEUR ATHLETICS AND PUBLIC SKATING. 0 0 901154 913155 READING ICE ARENA AUTHORITY, INC. IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO OPERATE THE BURBANK ICE ARENA AND TO FOSTER YOUTH DEVELOPMENT THROUGH LOCAL, NATIONAL, AND INTERNATIONAL AMATEUR SPORTS COMPETITIONS IN HOCKEY AND FIGURE SKATING AND TO ENGAGE IN EDUCATIONAL AND OTHER ACTIVITIES RELATED TO AMATEUR ATHLETICS AND PUBLIC SKATING. 901154 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 0 0 0 0 1 0 0 17 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 MA X X X DENNIS HUGHES RIAA PRESIDENT 7819422271 70 VAN NORDEN ROAD READING MA 01867 X DENNIS HUGHES PRESIDENT 1.00 X 0 0 0 DAVID A HUNTER TREASURER 1.00 X 0 0 0 MARK DOHERTY CLERK 1.00 X 0 0 0 JAMES LISTON DIRECTOR 1.00 X 0 0 0 KATHALEEN CUTONE DIRECTOR 1.00 X 0 0 0 CARL MCFADDEN DIRECTOR 1.00 X 0 0 0 SEAN COLLINS DIRECTOR 1.00 X 0 0 0 EDWARD PEDUTO RINK MANAGER 50.00 X 199787 0 34452 199787 0 34452 1 0 1 0 0 ICE USE AND RELATED 713990 913155 913155 913155 932 932 74705 44617 30088 30088 LIFE INSURANCE REFUNDS 45900 45900 45900 990075 913155 30088 46832 243492 243492 154090 84852 69238 14661 4838 9823 31011 24809 6202 16300 13040 3260 1421 1421 12812 12812 113966 108268 5698 70825 70825 37658 30126 7532 UTILITIES 220538 220538 REPAIRS AND MAINTENANCE 33604 33604 DIRECT COST OF PROGRAMS 17791 17791 AUTO EXPENSE 13138 13138 40791 34412 6379 1022098 901154 120944 0 147917 111698 265874 416802 5675 3903 10854 17091 16329 16302 1720787 1532987 250331 187800 696980 753596 82638 168567 2688 5398 85326 173965 X 611654 579631 611654 579631 696980 753596 -32023 0 X 0 1 X 1 0 X 107920 107920 922115 752964 682919 926857 987860 4272715 922115 752964 790839 926857 987860 4380635 0 563138 441637 492029 576802 576811 2650417 563138 441637 492029 576802 576811 2650417 1730218 950 317 245 113 932 2557 950 317 245 113 932 2557 10591 45900 56491 923065 753281 791084 937561 1034692 4439683 0.38970 0.38740 0.00060 0.00050 X 413176 406869 6307 1129144 1049137 80007 178467 76981 101486 187800 X 1034692 0 1034692 -44617 -44617 990075 1066715 0 1066715 -44617 -44617 1022098 PART X, LINE 2: IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON THE ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF JUNE 30, 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAX JURISDICTION. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD - PRO SHOP, SNACK BAR AND VENDING MACHINE -44,617. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD - PRO SHOP, SNACK BAR AND VENDING MACHINE -44,617. 0 0 0 0 0 1 0 0 0 EDWARD PEDUTO RINK MANAGER 199787 0 0 0 0 0 0 0 34452 0 234239 0 0 0 PART I, LINE 6 THE ORGANIZATION HAS A BONUS PLAN WITH THE RINK MANAGER. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. BEFORE IT'S FILED WITH THE IRS, COPIES OF THE FORM 990 AND ALL RELATED SCHEDULES ARE PROVIDED TO THE BOARD FOR REVIEW AND THEIR APPROVAL IS OBTAINED BEFORE SUBMISSION OF THE TAX RETURN. FORM 990, PART VI, SECTION C, LINE 18 READING ICE ARENA AUTHORITY PROVIDES COPIES OF THE FORMS AT THE READING PUBLIC LIBRARY AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 READING ICE ARENA AUTHORITY MAKES COPIES OF ITS ARTICLES OF INCORPORATION, BY-LAWS, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.