2024-11-15T14:03:03-06:00 2024-06-30 042764209 STEVENS & CICCONE ASSOCIATES PC 105 CHESTNUT STREET UNIT 33 NEEDHAM MA 02492 990 2023-07-01 043138284 THE IMMIGRANT LEARNING CENTER INC IMMI 7813229777 442 MAIN STREET MALDEN MA 02148 DIANE PORTNOY TRUSTEE 7813229777 2024-11-11 1 0 MICHAEL J CICCONE CPA P01421408 6179698700 2024-11-11 2023 2024-10-15 13:58:12Z 442 MAIN STREET MALDEN MA 02148 4066068 0 X WWW.ILCTR.ORG X 1991 MA TO CONDUCT A SCHOOL OFFERING ENGLISH AS A SECOND LANGUAGE TO FOREIGN-BORN ADULTS. 21 19 48 0 0 0 2208861 2336219 0 0 83586 211179 596474 294196 2888921 2841594 201897 107025 0 0 2215931 2556526 0 0 0 595634 579089 3013462 3242640 -124541 -401046 9876545 10261021 117200 226692 9759345 10034329 TO CONDUCT A SCHOOL OFFERING ENGLISH AS A SECOND LANGUAGE TO FOREIGN-BORN ADULTS. 0 0 3165650 107025 THE ORGANIZATION PROVIDED APPROXIMATELY 9,000 CLASSROOM HOURS TEACHING ENGLISH AS A SECOND LANGUAGE TO APPROXIMATELY 620 INDIVIDUALS FROM 56 COUNTRIES. 3165650 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 6 0 1 48 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 21 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 7813229777 442 MAIN STREET MALDEN MA 02148 GERARD M MARTIN TRUSTEE 0.00 X 0 0 0 SANDRA G BORNSTEIN PRESIDENT, CLERK, DIRECTOR, TRUSTEE 0.00 X X 0 0 0 MAHMUD JAFRI TRUSTEE 0.00 X 0 0 0 NEREYDA F GARCIA TRUSTEE 0.00 X 0 0 0 FRANK J BAILEY DIRECTOR, TRUSTEE 0.00 X 0 0 0 BETH CONWAY TRUSTEE 0.00 X 0 0 0 PENNY GARVER TRUSTEE 0.00 X 0 0 0 LISE REVERS TRUSTEE 0.00 X 0 0 0 ESTHER N KARINGE TRUSTEE 0.00 X 0 0 0 ANNE WALSH TRUSTEE 0.00 X 0 0 0 DIANE STERN TRUSTEE 0.00 X 0 0 0 SARITIN RIZZUTO TRUSTEE 0.00 X 0 0 0 WARREN M HEILBRONNER DIRECTOR, TRUSTEE 0.00 X 0 0 0 JANE E WILLIS TRUSTEE 0.00 X 0 0 0 KAREN P CANGIANO TRUSTEE 0.00 X 0 0 0 JESSICA SENAT TRUSTEE 40.00 X 92348 0 6043 VINCE RIVERS TREASURER, ASSISTANT CLERK, DIRECTOR 40.00 X X 229429 0 58 LINDSEY A GETZ ASSISTANT CLERK, DIRECTOR 0.00 X X 0 0 0 KEITH ANDERSON TRUSTEE 0.00 X 0 0 0 PARIMALA AROKIARAJ TRUSTEE 0.00 X 0 0 0 JEANTILUS GEDEUS TRUSTEE 0.00 X 0 0 0 321777 0 6101 1 0 1 0 0 1009958 1326261 151288 2336219 207498 207498 1098794 1095113 3681 3681 3681 423557 129361 294196 294196 2841594 0 0 505375 107025 107025 327878 327878 1920862 1920862 121794 121794 185992 185992 1192 1192 42950 42950 5000 5000 40196 40196 11916 11916 101282 101282 19418 19418 BUILDING OPERATING 211573 211573 INSTRUCTIONAL SUPPLIES 43452 43452 EQUIPMENT RENTAL 24127 24127 BOARD MEETINGS 14160 14160 63823 50135 13688 3242640 3165650 76990 0 216355 322541 91258 12694 10000 25694 5982 11328 4458422 1887016 2146289 2571406 7406661 7317358 9876545 10261021 18027 43779 99173 182913 117200 226692 X 9759345 10034329 9759345 10034329 9876545 10261021 X -401046 639686 36344 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 296700 296700 2003300 477225 1526075 2115587 1386612 728975 23590 23179 411 19245 19245 2571406 VARIOUS - BONDS FUNDS 1708279 F VARIOUS - EXCHANGE TRADED FUNDS 5609079 F 7317358 ACCRUED EXPENSES 175458 CREDIT CARD PAYABLE 7455 182913 3605641 639686 639686 2965955 -124361 -124361 2841594 3330656 88016 88016 3242640 0 3242640 PART XI, LINE 4B - OTHER ADJUSTMENTS: NETTING OF EXPENSES AGAINST SPECIAL EVENTS REVENUE-SCH D PG 4 PART XII LN 4B NETTING OF INVESTMENT EXPENSES AGAINST INVESTMENT INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: NETTING OF EXPENSES AGAINST SPECIAL EVENTS REVENUE-SCH D PG 4 PART XII LN 4B BOOK/TAX DEPRECIATION DIFFERENCE NETTING OF INVESTMENT EXPENSES AGAINST INVESTMENT INCOME FORM 990, SCHEDULE D, PART XI LINE 4B, FORM 990, SCHEDULE D, PART XII LINE FORM 990, SCHEDULE D, PART XI LINE 4B ADJUSTMENT IN THE AMOUNT OF ($124,361)IS COMPRISED OF ($129,361) OF FUNDRAISING EXPENSES NETTED AGAINST SPECIAL EVENTS REVENUE AND $5,000 OF INVESTMENT FEES NETTED AGAINST INVESTMENT INCOME. FORM 990, SCHEDULE D, PART XII LINE 2D ADJUSTMENT IN THE AMOUNT OF $88,016 IS COMPRISED OF $129,361 OF FUNDRAISING EXPENSES NETTED AGAINST SPECIAL EVENTS REVENUE AND ($5,000) OF INVESTMENT FEES NETTED AGAINST INVESTMENT INCOME AS WELL AS MISC TAX/BOOK ADJ AND ($36,345) OF TAX/BOOK DEPRECIATION DIFFERENCE. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL WRITTEN COMMUNICATIONS WITH THE PUBLIC, INCLUDING THE SCHOOL STATIONERY, INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 4 NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE ARE AWARDED TO ANY STUDENT - LINE 4B. SCHEDULE E, PART I, LINE 6 THE IMMIGRANT LEARNING CENTER, INC. RECEIVES GRANTS FROM THE MASSACHUSETTS DEPARTMENT OF ELEMENTARY & SECONDARY EDUCATION, THE CITY OF MALDEN COMMUNITY DEVELOPMENT BLOCK GRANT, MYSTIC VALLEY ELDER SERVICES AND THE CITY OF MEDFORD COMMUNITY DEVELOPMENT BLOCK GRANT. X X X 0 GOLF EVENT 247794 247794 57628 ENTREPRENEUR AWARDS EVENT 175763 175763 71733 423557 423557 129361 129361 294196 1 GEORGE MASON UNIVERSITY FOUNDATION INC 4400 UNIVERSITY DRIVE FAIRFAX VA 22030 541603842 107025 0 ESTABLISHMENT OF THE INSTITUTE FOR IMMIGRATION RESEARCH PART I, LINE 2: THE GRANT WAS PAID TO GEORGE MASON UNIVERSITY TO ESTABLISH THE INSTITUTE FOR IMMIGRATION RESEARCH WHICH IS DEDICATED TO FUNDING ACADEMIC RESEARCH ON IMMIGRATION AND DISSEMINATING THAT RESEARCH. THIS PROGRAM IS IN LINE WITH ILC'S MISSION. 0 0 0 0 0 0 0 0 0 VINCE RIVERS TREASURER, ASSISTANT CLERK, DIRECTOR 229429 0 0 0 0 0 0 0 0 58 229429 58 0 0 SANDRA BORNSTEIN PROPERTY MANAGED BY A "FOR PROFIT CORPORATION" RELATED TO THE PRESIDEN/DIR 211573 FACILITIES OF THE COMPANY ARE MANAGED BY A FOR PROFIT CORPORATION AT FAIR MARKET VALUE IN WHICH THE DIRECTOR HAS A MINORITY FINANCIAL INTEREST AND IS RELATED TO THE OFFICER/DIRECTOR OF SUCH CORPORATION. 0 X 470 SHARES OF ISHARES RUSSELL 3000 ETF 1 125084 FAIR MARKET VALUE X 145 SHARES OF TESLA STOCK 1 25201 FAIR MARKET VALUE X 1 SHARE OF NVIDIA CORP STOCK 1 847 FAIR MARKET VALUE X 3 SHARES OF REALTY INCOME CORP 1 156 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 SANDRA BORNSTEIN, PRESIDENT AND CLERK OF THE ENTITY, IS THE SIBLING OF ADAM PORTNOY WHO IS A DIRECTOR AND OFFICER OF A RELATED ENTITY THAT MANAGES THE BUILDING OWNED BY THE COMPANY FOR THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DOES HAVE A WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPENSATION IS REVIEWED FOR TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DEPRECIATION & MISC DIFFERENCES 36,344. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR.