2024-11-12T11:05:37-06:00 2023-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2023-01-01 880703722 LIME ROCK FOUNDATION LIME 4018461969 PO BOX 709 NEWPORT RI 02840 RICHARD BOHAN JR PRESIDENT 4018461969 2024-11-12 1 1 SANDY ROSS P01399337 4012742001 2024-10-17 2023 2024-10-15 13:58:12Z RICHARD BOHAN JR PO BOX 709 NEWPORT RI 02840 82094 0 X HTTPS://LIMEROCKFOUNDATION.ORG/ X 2022 RI TO PRESERVE AND PROMOTE BUILDINGS ON THE NATIONAL REGISTER OF HISTORIC PLACES LOCATED IN NEWPORT HARBOR, RHODE ISLAND. 4 4 0 4 0 0 93774 82094 0 0 0 0 0 0 93774 82094 0 0 0 0 0 0 0 0 0 18622 46105 18622 46105 75152 35989 75152 111141 0 0 75152 111141 TO PROVIDE FUNDS FOR THE PURPOSE OF RESTORING, MAINTAINING, AND PRESERVING THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS, THE CLUBHOUSE, AND THE SUPPORTING MARINE ELEMENTS, THAT ARE ALL PART OF WHAT IS TODAY THE IDA LEWIS YACHT CLUB. 0 0 41674 TO PRESERVE THE PHYSICAL BUILDINGS AND PROMOTE THEIR HISTORICAL SIGNIFICANCE. THE FOUNDATION'S FUNDS WILL BE USED TO PRESERVE PUBLIC FACING FACADES OF THE BUILDINGS AND THE FUNDAMENTAL SUPPORTING STRUCTURES WHICH, BECAUSE LIME ROCK IS IN THE MIDDLE OF A HARBOR, INCLUDE MARINE ELEMENTS. 41674 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 RI MA X RICHARD BOHAN 4018461969 PO BOX 479 NEWPORT RI 02840 X RICHARD BOHAN JR PRESIDENT 4.00 X X 0 0 0 ALICE M SHEERIN VP AND SECRETARY 2.00 X X 0 0 0 GUILLAUME H DE RAMEL TREASURER 2.00 X X 0 0 0 ARTHUR W MURPHY DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 82094 82094 82094 0 0 0 150 150 3598 3598 1873 1190 683 289 289 RESTORATION FEES 40195 40195 46105 41674 4431 0 75152 111141 75152 111141 0 0 X 75152 111141 75152 111141 75152 111141 35989 0 X 0 0 0 X 93774 82094 175868 93774 82094 175868 35898 139970 175868 X SCHEDULE A, PAGE, SECTION C. COMPUTATION OF PUBLIC SUPPORT PERCENTAGE THE FOUNDATION WAS CREATED IN FEBRUARY 2022 RESULTING IN A SHORT YEAR FILING FOR 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL ACCOUNTANTS AND REVIEWED BY THE BOARD OF DIRECTORS. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED, AND A COPY IS SENT TO ALL BOARD MEMBERS, WHO ARE ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS. IF ANY REVISIONS ARE MADE, A FINAL COPY IS SENT TO ALL BOARD MEMBERS. THE FINALIZED VERSION OF THE 990 IS THEN SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.