2024-11-15T08:26:39-06:00 2023-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2023-01-01 042696339 POR CRISTO INC PORC 6178276188 CO JOSEPH REARDON 62 PARKER STREE NORTH ANDOVER MA 01845 JOSEPH REARDON EXECUTIVE DIRECTOR 6178276188 2024-11-15 1 0 EUGENE BORGONZI P01269879 6172276161 2024-11-11 2023 2024-10-15 13:58:12Z X JOSEPH REARDON C/O JOSEPH REARDON 62 PARKER STREET NORTH ANDOVER MA 01845 1426802 0 X WWW.PORCRISTO.ORG X 1980 MA SINCE 1980, POR CRISTO, A NON-PROFIT CHARITABLE MEDICAL SERVICE ORGANIZATION, HAS BEEN INVOLVED IN HEALTH CARE WORK FOR LOW-INCOME, VULNERABLE POPULATIONS IN LATIN AMERICA (PRIMARILY SERVING ECUADOR). X 9 9 3 10 0 0 362937 242988 41443 22943 272747 368987 0 0 677127 634918 80650 39750 0 0 492984 475996 0 0 106754 534785 616621 1108419 1132367 -431292 -497449 1345214 480695 278820 242316 1066394 238379 X PROVIDE QUALITY HEALTH CARE TO MALNOURISHED, COMPROMISED AND AT-RISK LATIN AMERICAN LOW INCOME, VULNERABLE POPULATION (PRIMARILY WOMEN AND CHILDREN IN ECUADOR). 0 1 860254 0 22943 POR CRISTO NUTRITION AND HEALTH CENTER - OPERATION OF A PRIMARY HEALTH CARE CLINIC IN THE POOR BARRIO OF ISLA TRINITARIA, GUAYAQUIL, ECUADOR. PROVIDES PEDIATRIC, GYNECOLOGY, RESPIRATORY THERAPY, GENERAL MEDICINE, NUTRITION, DENTISTRY, AND OTHER MEDICAL SERVICES MAINLY TO WOMEN OF CHILD BEARING AGE AND CHILDREN UNDER THE AGE OF FIVE. IN 2023, APPROXIMATELY 7,000 CONSULTATIONS WERE PROVIDED TO APPROXIMATELY 3,000 INDIVIDUALS. THE CENTER CLOSED PERMANENTLY IN JULY 2023. WHILE ACTIVE, THE PROGRAM CONTINUED TO BE IMPACTED AT TIMES BY THE COVID-19 PANDEMIC. 39750 39750 0 COMMUNITY HEALTH AND COMMUNITY SOCIAL SERVICE PROJECTS - POR CRISTO SUPPORTS THE WORK OF THE SISTERS OF THE SORROWFUL MOTHER, LOCATED IN THE BARRIO OF JAIME ROLDOS IN QUITO, ECUADOR. SERVICES THEY PROVIDE TO THE COMMUNITY INCLUDE THE ST. JUDE SOUP KITCHEN SERVING 60-80 ELDERLY PEOPLE DAILY, THE ST. BONIFACE SCHOOL LUNCH PROGRAM SERVING 100 CHILDREN DAILY, AND THE POR LA VIDA TRAINING CENTER FOR WOMEN PROVIDING OCCUPATIONAL SKILLS TRAINING. THIS PROGRAM WAS IMPACTED AT TIMES BY THE COVID-19 PANDEMIC. 900004 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 4 0 3 1 0 1 EC 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X JOSEPH REARDON 6178276188 62 PARKER STREET NORTH ANDOVER MA 01845 AMY WENDELL DIRECTOR 1.00 X 0 0 0 WILLIAM CHASE DIRECTOR/TREASURER 1.00 X X 0 0 0 SR ANNE MARY DONOVAN DIRECTOR/CHAIR 1.00 X X 0 0 0 JOHN GRIFFIN DIRECTOR 1.00 X 0 0 0 THOMAS J HOUGEN DIRECTOR 1.00 X 0 0 0 GARY KANEB DIRECTOR 1.00 X 0 0 0 RICHARD MEELIA DIRECTOR 1.00 X 0 0 0 ANTHONY SAPIENZA DIRECTOR 1.00 X 0 0 0 MEADE REYNOLDS DIRECTOR/VICE CHAIR 1.00 X X 0 0 0 JESSICA SOTO DIRECTOR/VICE CHAIR(RESIGNED 5/24/23) 1.00 X X 0 0 0 JOSEPH A REARDON EXECUTIVE DIRECTOR/CLERK 40.00 X 139179 0 47284 DEBORAH CLARK DIRECTOR OF MEDICAL SERVICES 40.00 X 124781 0 20207 263960 0 67491 2 0 1 0 0 57000 185988 242988 SERVICE REVENUE 621400 22943 22943 22943 29060 29060 1131811 791884 339927 339927 339927 634918 22943 0 368987 39750 39750 186465 130525 37293 18647 223596 144069 19822 59705 18910 12407 2122 4381 19986 12304 625 7057 27039 18026 3605 5408 24815 24815 6795 6795 14674 14674 16419 6514 5733 4172 4412 2941 589 882 17956 11971 2394 3591 13870 13870 173 173 22983 13103 6969 2911 PROGRAM OPERATIONS - EC 494524 494524 1132367 900004 125609 106754 146712 17913 4019 402072 3047 57000 3710 955 148883 148883 173 0 1180427 9881 1345214 480695 268788 242316 10032 0 278820 242316 X 924042 238379 142352 0 1066394 238379 1345214 480695 -497449 -330566 0 X X 1 X 0 1 0 X 397254 622373 545726 362937 242988 2171278 397254 622373 545726 362937 242988 2171278 644624 1526654 34657 27858 20664 27950 29060 140189 2311467 205885 0.66050 0.67500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 100000 0 100000 100000 100000 100000 100000 100000 100000 100000 0.00000 0.00000 0.00000 0 0 49265 49265 0 99618 99618 0 0 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF A DONOR-RESTRICTED ENDOWMENT FUND ESTABLISHED FOR THE ORGANIZATION'S NUTRITION PROGRAM. UNDER THE ENDOWMENT SPENDING POLICY ONLY THE INCOME GENERATED FROM THE FUND IS DRAWN DOWN TO SUPPORT THE NUTRITION PROGRAM. HOWEVER, ON JUNE 22 ,2023, THE BOARD OF TRUSTEES VOTED TO CEASE OPERATIONS OF THE ORGANIZATION. SINCE THE DONOR PASSED AWAY YEARS AGO AND THE BOARD HAS DISCRETION TO REMOVE RESTRICTIONS ON THE USE OF THESE ENDOWED FUNDS, THE BOARD VOTED TO REMOVE ALL RESTRICTIONS FROM THE FUNDS AND TRANSFER IT ALONG WITH ITS CURRENT EARNINGS TO UNRESTRICTED FUNDS IN ORDER TO FACILITATE THE ORGANIZATION'S DISSOLUTION. THIS BOARD RESOLUTION WAS VOTED AND APPROVED ON NOVEMBER 30, 2023. 1 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 12 PROGRAM SERVICES OPERATION OF A NUTRITION AND HEALTH CENTER IN GUAYAQUIL. 494524 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 39750 0 12 0 0 0 12 534274 0 534274 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, PROGRAM SUPPORT & IMMEDIATE EARTHQUAKE RELIEF TO PROVIDE MEALS. 39750 WIRE 0 N/A N/A 1 0 1 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MONITORS PROGRAM PROGRESS, REVIEWS EXPENDITURES, AND ENSURES REASONABLENESS OF ACTIVITIES. PART I, LINE 3: ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR EXPENDITURES PART II, LINE 1 ACCOUNTING METHOD: ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR GRANTS TO ORGANIZATIONS FORM 990, SCHEDULE F, PART IV, LINE 1 THE ORGANIZATION TRANSFERRED MONEY TO A FOREIGN CORPORATION AS A GRANT. A FORM 926 IS NOT REQUIRED TO BE FILED BECAUSE THE ORGANIZATION DID NOT RECEIVE AN OWNERSHIP INTEREST IN THE FOREIGN CORPORATION. X X X 0 0 0 0 0 0 0 0 0 JOSEPH A REARDON EXECUTIVE DIRECTOR/CLERK 139179 0 0 0 0 0 5995 0 41289 0 186463 0 0 0 0 0 0 0 0 1 0 1 0 SCHEDULE N, PART I - CEASED OPERATIONS ON JUNE 22, 2023, THE BOARD OF TRUSTEES VOTED TO CEASE OPERATIONS. SINCE THEN,THE ORGANIZATION HAS CEASED OPERATIONS BUT CONTINUTES TO BE A LEGAL ENTITY AS IT WAITS TO RECEIVE THE EMPLOYEE RETENTION CREDIT IT APPLIED FOR AND TO PAY ITS LIABILITIES. THERE HAS BEEN NO SIGNIFICANT DISPOSITION OF ASSETS IN RELATION TO CEASING OF OPERATIONS. ALL REVENUE AND EXPENSES DURING THE YEAR ENDED DECEMBER 31, 2023 HAVE BEEN IN THE NORMAL COURSE OF BUSINESS. SCHEDULE N, PART I, LINE 3 - GOVERNING DOCUMENTS THE ORGANIZATION PLANS TO DISTRIBUTE ITS REMAINING ASSETS IN ACCORDANCE WITH ITS GOVERNING INSTRUMENTS AFTER IT FILES NOTICE WITH THE MA ATTORNEY GENERAL'S OFFICE AND THE AG'S OFFICE APPROVES THE FINAL DISTRIBUTION. SCHEDULE N, PART I, LINE 4B - ATTORNEY GENERAL NOTIFICATION THE ORGANIZATION PLANS TO FILE NOTICE OF DISSOLUTION WITH THE MA ATTORNEY GENERAL'S OFFICE IN 2024 OR 2025 AFTER IT RECEIVES ITS EMPLOYEE RETENTION CREDIT FROM THE IRS AND PAYS ITS REMAINING LIABILITIES. FORM 990, PART III, LINE 3 ON JUNE 22, 2023, THE BOARD OF TRUSTEES VOTED TO CEASE OPERATIONS AND TERMINATE THE ORGANIZATION. IN CONJUNCTION WITH CEASING OPERATIONS, THE ORGANIZATION CLOSED ITS NUTRITION AND HEALTH CENTER IN ECUADOR IN JULY 2023. IT ALSO CEASED ITS PEDIATRIC CARDIOLOGY PROJECT, WHICH WORKED COOPERATIVELY WITH THE CARDIAC STAFF OF THE BACA ORTIZ CHILDREN'S HOSPITAL IN QUITO, ECUADOR. HOWEVER, THE ORGANIZATION CONTINUES TO BE A LEGAL ENTITY AS IT WAITS TO RECEIVE ITS EMPLOYEE RETENTION CREDIT FROM THE IRS AND PAY ITS OUTSTANDING LIABILITIES. IT WILL TERMINATE ITS EXISTENCE ONCE THE CREDIT IS RECEIVED AND ITS LIABILITIES ARE PAID EITHER IN 2024 OR 2025. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY MANAGEMENT AND DISTRIBUTED TO ALL BOARD MEMBERS. COMMENTS ARE SOLICITED FROM BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C UNDER THE CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF TRUSTEES, 12/5/2012, THE POLICY AND A DISCLOSURE STATEMENT ARE DISTRIBUTED TO ALL TRUSTEES AND KEY EMPLOYEES. DISCLOSURE STATEMENTS ARE COMPLETED ANNUALLY BY THE TRUSTEES AND KEY EMPLOYEES AND KEPT ON FILE BY MANAGEMENT. IF POTENTIAL CONFLICTS ARE EXPERIENCED, THE PROVISIONS OF THE POLICY ARE FOLLOWED. FORM 990, PART VI, SECTION B, LINE 15A A SURVEY OF THE BOARD IS CONDUCTED REGARDING THE PERFORMANCE OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR PROVIDES TO THE BOARD CHAIR AND VICE CHAIR AN APPRAISAL OF HIS PERFORMANCE, WHICH IS DISCUSSED AMONG THESE THREE INDIVIDUALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE PUBLIC CHARITIES WEBSITE MAINTAINED BY THE COMMONWEALTH OF MASSACHUSETTS ATTORNEY GENERAL. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.