2024-05-10T07:30:12-07:00 2023-06-30 521861549 ANDERSON DAVIS & ASSOCIATES CPA PA 1406 B SOUTH CRAIN HWY 204 GLEN BURNIE MD 21061 990 2022-07-01 521006116 PEERLESS ROCKVILLE HISTORIC PRESERVATION LTD PEER 3017620096 29 COURTHOUSE SQUARE ROCKVILLE MD 20850 PAUL HILLSTROM TREASURER 3017620096 2024-03-13 true PAUL HILLSTROM XXX-XX-XXXX true Michael C Davis CPA P00066528 4107662645 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z NANCY PICKARD PO BOX 4262 ROCKVILLE MD 20849 271015 false X WWW.PEERLESSROCKVILLE.ORG X 1974 MD TO PRESERVE BUILDINGS, OBJECTS AND INFORMATION IMPORTANT TO ROCKVILLE'S HERITAGE 11 11 4 24 0 0 191542 235141 3750 770 2012 2022 -18411 -20970 178893 216963 0 0 162193 177596 0 22139 68164 85383 230357 262979 -51464 -46016 964201 945210 108096 112520 856105 832690 TO PRESERVE BUILDINGS, OBJECTS AND INFORMATION IMPORTANT TO ROCKVILLE'S HERITAGE false false 180742 0 770 HISTORIC PRESERVATION: CONDUCTED PRESERVATION PROJECTS, MAINTAINED HISTORIC PROPERTIES, DEVELOPED EDUCATIONAL PROGRAMS AND EXHIBITS, MAINTAINED MUSEUM COLLECTION AND REFERENCE LIBRARY. 180742 true true false false false false true true false true true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 4 true false false false false false true true false false false false false false X 11 11 false false false false false false false true true false false true true true true false true false false false MD X X NANCY PICKARD 3017620096 29 COURTHOUSE SQUARE 110 ROCKVILLE MD 20850 NANCY PICKARD EXECUTIVE DIRECTOR 40.00 X 85411 0 7705 TONY COHEN DIRECTOR 1.00 X 0 0 0 STEPHEN DAOUST DIRECTOR 1.00 X 0 0 0 LARRY GIAMMO DIRECTOR 1.00 X 0 0 0 DEBRA LIVERPOOL DIRECTOR 1.00 X 0 0 0 EILEEN MCGUCKIAN DIRECTOR 1.00 X 0 0 0 HANNELORE QUIGLEY DIRECTOR 1.00 X 0 0 0 MORGAN SULLIVAN DIRECTOR 1.00 X 0 0 0 RICHARD STONER PRESIDENT 10.00 X X 0 0 0 NANCEE SIMONSON VICE PRESIDENT 10.00 X X 0 0 0 NOREEN BRYAN SECRETARY 3.00 X X 0 0 0 PAUL HILLSTROM TREASURER 3.00 X X 0 0 0 85411 0 7705 0 false false false 8635 500 199851 26155 235141 ACTIVITIES AND EVENTS 812900 770 0 0 770 2022 0 0 31200 47211 -16011 -16011 -16011 0 500 6841 -6841 0 -6841 1789 0 1789 1789 OTHER 900099 93 93 0 0 93 216963 -11337 0 -6841 110100 77070 22020 11010 55411 38788 11082 5541 500 350 100 50 11585 8109 2317 1159 15436 10805 3087 1544 3678 2574 736 368 20433 14531 3632 2270 3877 3877 0 0 886 886 0 0 10112 0 10112 0 PROGRAM 11823 11823 0 0 LICENSES AND FEES 4795 4795 0 0 MISCELLANEOUS 4135 0 4135 0 TELEPHONE 2383 0 2383 0 7825 7134 494 197 262979 180742 60098 22139 147449 115416 60 940 1148533 459649 700292 688884 115130 139720 1270 250 964201 945210 9113 7887 10000 29274 35616 22498 50767 50261 2600 2600 108096 112520 X 728758 730073 127347 102617 856105 832690 964201 945210 -46016 22601 X true X false true false X 0 150782 180698 242300 191542 235141 1000463 0 0 150782 180698 242300 191542 235141 1000463 37928 962535 119472 113720 47271 33212 33222 346897 0 2767 2182 862 340 93 6244 1353604 335203 0.71110 0.62450 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER 2018: 2767. 2019: 2182. 2020: 862. 2021: 340. 2022: 93. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.00 1 0 0 1 true 12.00 360 false X X X false 101564 435 6200 0 108199 108864 125 -7425 0 101564 97693 125 11046 0 108864 96792 265 4636 4000 97693 97736 10 3046 4000 96792 0.25000 0.32000 0.43000 false false 0 444096 444096 682883 447126 235757 14919 9313 5606 6635 3210 3425 688884 TENANT SECURITY DEPOSITS 2600 2600 X Pt II, Line 5 THE ORGANIZATION HAS A WRITTEN POLICY THAT ADHERES TO THE EASEMENT REQUIREMENTS OF THE PROPERTY OWNERS AND CERTAIN PERFORMANCE REQUIREMENTS. Pt II, Line 9 THE ORGANIZATION DOES NOT RECORD ANY TRANSACTIONS OR FINANCIAL IMPACT RELATING TO THE EASEMENTS. Pt III, Line 1a IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC TOPIC 958 ON NOT-FOR-PROFIT ENTITIES, THE ORGANIZATION DOES NOT CAPITALIZE DONATED ARTIFACTS OF HISTORIC VALUE OR RECOGNIZE THEM AS REVENUES OR GAINS. FASB ASC 958 PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ADVANCE THE ORGANIZATION'S MISSION. Pt III, Line 4 PEERLESS ROCKVILLE UTILIZES THE COLLECTIONS TO EDUCATE AND INTERPRET HISTORIC SITES, PRESENT EXHIBITS, PROTECT AND PRESERVE ROCKVILLE'S HISTORIC PLACES, PROVIDE HANDS-ON PRESERVATION OPPORTUNITIES, AND MAKE THE RESOURCES ACCESSIBLE TO THE PUBLIC OF ALL AGES AND INTERESTS. Pt V, Line 4 ENDOWMENT FUNDS ARE INTENDED TO EARN INCOME FOR THE ORGANIZATION THAT WILL BE USED TO FURTHER THE ORGANIZATION'S MISSION. Pt X, Line 2 THE ORGANIZATION FOLLOWS THE RECOMMENDATIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) IN ITS ACCOUNTING STANDARDS CODIFICATION (ASC) FOR ACCOUNTING OF UNCERTAINTY IN INCOME TAXES WITHOUT ANY MATERIAL EFFECT TO THE FINANCIAL STATEMENTS. THESE RECOMMENDATIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THEY ALSO PROVIDE GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 OR 2022.THE ORGANIZATION'S RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL AND STATE EXAMINATION. Pt VI, Line 11b MEMBERS OF THE GOVERNING BODY REVIEW THE 990 AT A BOARD MEETING Pt VI, Line 12c OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS DURING THE ANNUAL MEETING Pt VI, Line 19 STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST