2024-01-25T08:50:06-06:00 2023-04-30 161468002 CHIAMPOU TRAVIS BESAW & KERSHNER LLP 45 BRYANT WOODS NORTH AMHERST NY 14228 990 2022-05-01 160667320 THE TWENTIETH CENTURY CLUB OF BUFFALO TWEN 7168840579 595 DELAWARE AVENUE BUFFALO NY 14202 ANTOINETTE LOUDEN PRESIDENT 7168840579 2023-12-21 1 ANTOINETTE LOUDEN XXX-XX-XXXX 0 EUGENE G KERSHNER P00601324 7166302400 2024-01-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANTOINETTE LOUDEN 595 DELAWARE AVENUE BUFFALO NY 14202 1038397 0 X HTTPS://TWENTIETHCENTURYCLUBBUFFALO.COM X 1894 NY SOCIAL AND RECREATIONAL CLUB ORGANIZED TO ADVANCE THE INTERESTS OF EDUCATION, LITERATURE, AND THE ARTS. 16 16 43 0 19197 94064 0 0 436695 523983 7917 19197 257879 37806 702491 580986 0 0 0 0 277773 308118 0 0 0 209549 257368 487322 565486 215169 15500 2301441 2323695 179495 223027 2121946 2100668 SOCIAL AND RECREATIONAL CLUB ORGANIZED TO ADVANCE THE INTERESTS OF EDUCATION, LITERATURE, AND THE ARTS. 0 0 366949 SOCIAL AND RECREATIONAL CLUB TO ADVANCE THE INTERESTS OF EDUCATION, LITERATURE, AND THE ARTS. 366949 0 0 0 0 0 0 0 0 1 1 1 0 0 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 1 0 0 43 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X BUSINESS OFFICE 7168840578 595 DELAWARE AVENUE BUFFALO NY 14202 ANTOINETTE LOUDEN PRESIDENT 2.00 X X 0 0 0 JANICE WOROBEC 1ST VICE PRESIDENT 2.00 X X 0 0 0 MITZIE SERAFIN RECORDING SECRETARY 2.00 X X 0 0 0 ANNE SLATER CORRESPONDING SECRETARY 2.00 X X 0 0 0 ANN MARIE ERVOLINA TREASURER 2.00 X X 0 0 0 MELISSA SORRENTINO ASSISTANT TREASURER 2.00 X X 0 0 0 DIANE BURKHOLDER FINANCE / ENDOWMENT 2.00 X X 0 0 0 SUSAN GRELICK GENERAL PROGRAM CHAIRMAN 2.00 X X 0 0 0 JOYCE BARBALATO DIRECTOR 2.00 X 0 0 0 LORI STILWELL DIRECTOR 2.00 X 0 0 0 KATHLEEN MCCARTHY DIRECTOR 2.00 X 0 0 0 BARBARA BIELECKI DIRECTOR 2.00 X 0 0 0 LIBBY HIRSCH DIRECTOR 2.00 X 0 0 0 SAMI WNEK 2ND VICE PRESIDENT/COMMUNICATIONS 2.00 X X 0 0 0 BARBARA BURWICK DIRECTOR 2.00 X 0 0 0 ERIN SULLIVAN GENERAL MANAGER 40.00 X 79974 0 2431 79974 0 2431 0 0 0 0 0 X MEMBERSHIP DUES 561000 439078 439078 CLUB CHARGES 561000 84905 84905 523983 22946 22946 18098 21847 -3749 -3749 -3749 422994 435564 -12570 -12570 OTHER REVENUE 561000 50376 50376 50376 580986 561789 19197 0 81049 44059 36990 167223 95237 71986 2454 1334 1120 7566 4116 3450 49826 27098 22728 9500 1283 8217 6097 515 5582 21270 6445 14825 69258 57010 12248 8535 7026 1509 42226 34759 7467 TAXES 28300 22585 5715 REPAIRS AND MAINTENANCE 24366 20058 4308 TOUR 19093 19093 COMMITTEE AND PRESIDENT 15654 15654 0 13069 10677 2392 565486 366949 198537 0 23790 48395 390220 591234 248589 73029 25170 26345 14120 25915 954539 36843 913303 917696 686249 641081 2301441 2323695 16982 9612 137105 168064 25408 45351 179495 223027 X 2121946 2100668 2121946 2100668 2301441 2323695 15500 -36778 0 X 1 X 0 0 0 642300 -2413 639887 627885 14415 642300 577641 142712 -35000 627885 626213 -48572 577641 528095 98118 626213 0 0 727052 3422 723630 135396 33421 101975 92091 92091 917696 TRUBEE COLLINS 641081 F 641081 18217 ACCRUED PAYROLL 11871 ACCRUED SALES TAX 6884 ACCRUED NYS INCOME TAX 7821 OTHER LIABILITIES 558 45351 X PART X, LINE 2: THE CLUB IS A 501(C)(7) ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM NON-MEMBER EVENTS AND INVESTMENT INCOME NOT DIRECTLY RELATED TO THE CLUB'S TAX-EXEMPT PURPOSE ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED APRIL 30, 2023 AND 2022, THE CLUB'S INCOME TAX PROVISION AMOUNTED TO $28,300 AND $8,700, RESPECTIVELY, FOR UNRELATED BUSINESS ACTIVITIES. THE CLUB'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES FOR THREE YEARS AFTER THEY ARE FILED. THE CLUB FILES AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS AND AN UNRELATED BUSINESS INCOME TAX RETURN (CT-13) WITH NEW YORK STATE TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY (BUT NOT IF THE PERSONS ON THE GOVERNING BODY ARE THE ORGANIZATION'S ONLY MEMBERS) OR THEIR DELEGATES. THE MEMBERS APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A RESIDENT MEMBERS IN GOOD STANDING AND WHO HAVE SUBSCRIBED TO THE BY-LAWS SHALL BE ENTITLED TO VOTE AT MEETINGS AND TO HOLD OFFICE. THE MEMBERSHIP ELECTS THE GOVERNING BODY AT THE ANNUAL MEETING HELD IN THE MONTH OF APRIL. FORM 990, PART VI, SECTION A, LINE 7B RESIDENT MEMBERS IN GOOD STANDING AND WHO HAVE SUBSCRIBED TO THE BY-LAWS SHALL BE ENTITLED TO VOTE AT MEETINGS AND TO HOLD OFFICE. THE MEMBERSHIP ELECTS THE GOVERNING BODY AT THE ANNUAL MEETING HELD IN THE MONTH OF APRIL. MEMBERS APPROVE AMENDMENTS TO BY-LAWS AND SIGNIFICANT EXPENDITURES BY A 2/3 MAJORITY VOTE. SIGNIFICANT EXPENDITURES ARE DEFINED AS BEING IN EXCESS OF $10,000. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY FOR REVIEW PRIOR TO FILING. THIS MAY BE DONE MANUALLY OR ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS MUST SIGN A CONFIDENTIALITY AND NON-CONFLICT STATEMENT AT THE BEGINNING OF EACH YEAR OF HER TERM. FORM 990, PART VI, SECTION B, LINE 15 FORM 990 PAGE 6, PART VI LINE 15A: ALL OFFICERS AND DIRECTORS SERVE ON A VOLUNTARY BASIS. THEY RECEIVE NO COMPENSATION FOR THEIR SERVICE AS A BOARD MEMBER OR OTHERWISE. FORM 990 PAGE 6, PART VI LINE 15B: THE ORGANIZATION EMPLOYS A CLUB MANAGER WHOSE COMPENSATION IS REVIEWED ANNUALLY BY THE PERSONNEL COMMITTEE. ANY CHANGES IN COMPENSATION ARE APPROVED BY VOTE. NO OFFICERS RECEIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 COPIES ARE MADE AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE. PART VIII THE ATTACHED MEMO PROVIDES MANAGEMENT'S ASSESSMENT OF ALL THE FACTS AND CIRCUMSTANCES SURROUNDING NON-MEMBER INCOME FOR THE 15/35 THRESHOLD TEST.