2024-11-12T08:54:58-06:00 2023-12-31 043191789 MP PC ONE MONARCH PLACE SPRINGFIELD MA 01144 990 2023-01-01 046128892 NAISMITH MEMORIAL BASKETBALL HALL OF FAME NAIS 4137816500 1000 HALL OF FAME AVENUE SPRINGFIELD MA 011052532 JOHN DOLEVA PRESIDENT & CEO 4137816500 2024-11-12 1 0 PATRICK LEARY P00638212 4137391800 2023 2024-10-15 13:58:12Z JOHN DOLEVA 1000 HALL OF FAME AVENUE SPRINGFIELD MA 011052532 13269585 0 X WWW.HOOPHALL.COM X 1959 MA TO HONOR AND CELEBRATE BASKETBALL'S GREATEST MOMENTS AND PEOPLE. 50 50 70 0 0 0 2377848 3198099 8603963 8778542 -97857 104193 789365 1188751 11673319 13269585 0 0 0 0 3390113 4034273 0 0 532660 10343466 10243290 13733579 14277563 -2060260 -1007978 31151617 29316500 8215503 7764477 22936114 21552023 X TO PROVIDE FOR THE GENERAL PUBLIC A MEMORIAL TO THE ORIGINATOR OF BASKETBALL, INCLUDING A HALL OF FAME FOR BASKETBALL GREATS, A MUSEUM AND A LIBRARY. 0 0 6225755 3649827 TO PROVIDE FOR THE GENERAL PUBLIC A MEMORIAL TO THE ORIGINATOR OF BASKETBALL, INCLUDING A HALL OF FAME FOR BASKETBALL GREATS, A MUSEUM AND A LIBRARY. 1211501 2308917 ENSHRINEMENT 2022347 1940890 TIP OFF CLASSIC - NCAA SANCTIONED EXEMPT TOURNAMENT INVOLVING MAJOR COLLEGIATE PROGRAMS TO SHOWCASE THE SKILLS OF PLAYERS AT THE COLLEGE LEVEL. 1109692 1278137 HIGH SCHOOL & GOLF TOURNAMENTS. 1109692 1278137 10569295 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 125 0 70 1 1 1 0 0 0 0 0 0 0 0 0 X 50 50 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA CT FL AZ CA NJ NY X X X DONALD SENECAL 4132315501 1000 HALL OF FAME AVENUE SPRINGFIELD MA 01105 X DAVID BECKERMAN GOVERNOR 0.00 X 0 0 0 KATHY BEHRENS GOVERNOR 0.00 X 0 0 0 ULYSSES L BRIDGEMAN GOVERNOR 0.00 X 0 0 0 SHERMAN BROWN GOVERNOR 0.00 X 0 0 0 FRANK COLACCINO GOVERNOR 0.00 X 0 0 0 JERRY COLANGELO GOVERNOR 0.00 X 0 0 0 JIM DAVIDSON GOVERNOR 0.00 X 0 0 0 DAVID DENENBERG GOVERNOR 0.00 X 0 0 0 CATHY ENGELBERT GOVERNOR 0.00 X 0 0 0 DAN GAVITT GOVERNOR 0.00 X 0 0 0 ROBIN HARRIS GOVERNOR 0.00 X 0 0 0 GRANT HILL GOVERNOR 0.00 X 0 0 0 MANNIE JACKSON GOVERNOR 0.00 X 0 0 0 WILLIAM KOENIG GOVERNOR 0.00 X 0 0 0 NANCY LIEBERMAN GOVERNOR 0.00 X 0 0 0 JIM PUHALA GOVERNOR 0.00 X 0 0 0 STEPHANIE RAWLINGS-BLAKE GOVERNOR 0.00 X 0 0 0 BRYON SPRUELL GOVERNOR 0.00 X 0 0 0 MARK TATUM GOVERNOR 0.00 X 0 0 0 JIM TAUBENFELD GOVERNOR 0.00 X 0 0 0 JAMES VINICK GOVERNOR 0.00 X 0 0 0 ELAINE WYNN GOVERNOR 0.00 X 0 0 0 SHAREEF ABDUR-RAHIM TRUSTEE 0.00 X 0 0 0 KIM BOHUNY TRUSTEE 0.00 X 0 0 0 JIM CALHOUN TRUSTEE 0.00 X 0 0 0 JIM CAROLUS TRUSTEE 0.00 X 0 0 0 ALVIN CHUN TRUSTEE 0.00 X 0 0 0 MARY BETH COOPER TRUSTEE 0.00 X 0 0 0 TODD DELANO TRUSTEE 0.00 X 0 0 0 VINNY DELNEGRO TRUSTEE 0.00 X 0 0 0 DANIELLE DONEHEW TRUSTEE 0.00 X 0 0 0 JOE DUMARS TRUSTEE 0.00 X 0 0 0 DAVID FOGEL TRUSTEE 0.00 X 0 0 0 WILLIAM GAGNON TRUSTEE 0.00 X 0 0 0 JIM GRAY TRUSTEE 0.00 X 0 0 0 PAUL HIRSCHHEIMER TRUSTEE 0.00 X 0 0 0 JOEL LITVIN TRUSTEE 0.00 X 0 0 0 JEFFREY MUNN TRUSTEE 0.00 X 0 0 0 JAMES NAISMITH TRUSTEE 0.00 X 0 0 0 DAVID PACE TRUSTEE 0.00 X 0 0 0 JOHN RITTER TRUSTEE 0.00 X 0 0 0 SCOTT ROBINSON TRUSTEE 0.00 X 0 0 0 SCOTT ROCHELLE TRUSTEE 0.00 X 0 0 0 CHARLIE ROSENZWEIG TRUSTEE 0.00 X 0 0 0 SCOTT SADOWSKY TRUSTEE 0.00 X 0 0 0 STEVE SMITH TRUSTEE 0.00 X 0 0 0 JIM TOOLEY TRUSTEE 0.00 X 0 0 0 THOMAS TULL TRUSTEE 0.00 X 0 0 0 TREVOR UGOLYN TRUSTEE 0.00 X 0 0 0 DWYANE WADE TRUSTEE 0.00 X 0 0 0 JOHN DOLEVA PRESIDENT & CEO 1.00 X 540600 0 30769 DONALD SENECAL CFO 1.00 X 319100 0 9356 SCOTT ZUFFELATO VP ADVANCEMENT 1.00 X 220080 0 23960 GREG PROCINO VP BASKETBALL OPERATIONS 1.00 X 197499 0 23885 JANET HEIM VP CONTROLLER 1.00 X 158381 0 22627 STEVEN TOWER VP PROFESSIONAL RELATIONS 1.00 X 151135 0 772 MATT ZEYSING CURATOR/VP 1.00 X 140339 0 10605 MICHAEL CIANCIOLA VP MARKETING 1.00 X 130241 0 22478 1857375 0 144452 8 0 1 0 GO LLC 2074 PARK STREET SUITE 307 HARTFORD CT 06106 GRAPHIC ARTS/WEBSITE DESIGN 145845 WILLIAM RYAN CONSULTING GROUP 47 COTTAGE ST NO 1 CAMBRIDGE MA 02139 CONSULTING FIRM - BOARD REORG 141000 HALLOWED HALLS DEVELOPMENT GROUP 319 CLEMATIS STREET SUITE 218 WEST PALM BEACH FL 33401 CONSULTING FIRM - EXPANSION PROJECT 104980 POSITION SPORTS LLC 1850 N CENTRAL AVENUE 1000 PHOENIX AZ 85004 PR/MARKETING FIRM 104333 4 3198099 3198099 EVENTS 713990 6103163 6103163 ADMISSIONS 713990 2675379 2675379 8778542 104193 104193 789522 789522 268900 0 268900 268900 268900 MISCELLANEOUS INCOME 459420 130329 130329 130329 13269585 9177771 0 893715 X 1661869 1043820 238478 379571 1924106 512113 1353812 58181 62005 26042 28522 7441 164474 39019 121377 4078 221819 93163 102038 26618 102743 102743 56001 56001 3006766 2691735 300781 14250 433920 343421 65616 24883 1323790 1323790 1920333 1764237 156096 157445 157445 2013376 1912707 100669 143894 143894 MISCELLANEOUS EXPENSES 572360 368123 197367 6870 COMMUNICATIONS 208358 151821 53219 3318 SUPPLIES 123372 38305 83593 1474 EQUIPMENT RENTAL AND MA 123305 116610 6695 57627 495 51156 5976 14277563 10569295 3175608 532660 1113334 990403 2397594 790092 2149779 2130149 2016968 1974058 251675 208938 30664811 10870359 20910446 19794452 1880942 3429761 3400 1700 427479 -3053 31151617 29316500 3658657 3724608 129055 198912 2000000 1959951 2427791 1881006 8215503 7764477 X 22936114 21552023 22936114 21552023 31151617 29316500 X -1007978 -376113 X 0 1 X 1 1 1 X 2742669 2978875 8788950 2377848 3198099 20086441 7890779 1543669 9412440 9150862 8801658 36799408 10633448 4522544 18201390 11528710 11999757 56885849 515828 702213 146852 396956 296493 2058342 0 515828 702213 146852 396956 296493 2058342 54827507 283396 99008 1655324 241599 893715 3173042 283396 99008 1655324 241599 893715 3173042 10916844 4621552 19856714 11770309 12893472 60058891 0.91290 0.91460 0.05280 0.04690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 155000 155000 16801765 5319878 11481887 5970039 1400938 4569101 7893007 4149543 3743464 19794452 ACCRUED LEASEHOLD IMPROVEMENT PAYABLE 1881006 1881006 X 12893472 -376113 -376113 13269585 0 13269585 14277563 0 14277563 0 14277563 PART III, LINE 1A: THE HALL OF FAME COLLECTS SPORTS MEMORABILIA, LIBRARY MATERIALS AND SIMILAR ASSETS OF BASKETBALL RELATED NATURE. THESE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH PURPOSES. IN ACCORDANCE WITH THE PRACTICES ALLOWED TO MUSEUMS UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA, THE HALL OF FAME HAS ELECTED NOT TO CAPITALIZE ITS COLLECTION ITEMS AND DOES NOT RECORD GIFTS OF COLLECTION ITEMS AS REVENUES IN THE FINANCIAL STATEMENTS. COLLECTIONS ACQUIRED BY PURCHASE ARE EXPENSED IN THE PERIOD ACQUIRED. CONTRIBUTED WORKS OF ART THAT DO NOT MEET THE HALL OF FAME'S DEFINITION OF COLLECTION ITEMS ARE RECORDED AS A COMPONENT OF PROPERTY, PLANT AND EQUIPMENT. PART X, LINE 2: THE NAISMITH MEMORIAL BASKETBALL HALL OF FAME, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, NET INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE HALL OF FAME'S PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. TAXES RELATED TO THESE ACTIVITIES WERE NOT SIGNIFICANT FOR THE YEARS ENDED DECEMBER 31, 2020 OR 2019. THE HALL OF FAME EVALUATES ALL TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2023, THE HALL OF FAME DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE HALL OF FAME'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2020, 2021 AND 2022 ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN INCOME SUBSIDIARY UNDER THE EQUITY METHOD -376,113. X X X X 0 0 0 0 0 1 0 0 0 JOHN DOLEVA PRESIDENT & CEO 540600 0 0 0 0 0 0 0 30769 0 571369 0 0 0 DONALD SENECAL CFO 319100 0 0 0 0 0 0 0 9356 0 328456 0 0 0 SCOTT ZUFFELATO VP ADVANCEMENT 220080 0 0 0 0 0 0 0 23960 0 244040 0 0 0 GREG PROCINO VP BASKETBALL OPERATIONS 197499 0 0 0 0 0 0 0 23885 0 221384 0 0 0 JANET HEIM VP CONTROLLER 158381 0 0 0 0 0 0 0 22627 0 181008 0 0 0 MICHAEL CIANCIOLA VP MARKETING 130241 0 0 0 0 0 0 0 22478 0 152719 0 0 0 STEVEN TOWER VP PROFESSIONAL RELATIONS 151135 0 0 0 0 0 0 0 772 0 151907 0 0 0 MATT ZEYSING CURATOR/VP 140339 0 0 0 0 0 0 0 10605 0 150944 0 0 0 PART I, LINE 6 BONUSES MAY BE CONTINGENT ON ACHIEVING NET SURPLUS TARGETS. FORM 990, PART VI, SECTION A, LINE 2 DUE TO THE FACT THAT MOST OF OUR GOVERNORS AND TRUSTEES ARE ACTIVELY INVOLVED IN THE SPORT OF BASKETBALL, THERE ARE OUTSIDE BUSINESS RELATIONSHIP WITH EACH OTHER FORM 990, PART VI, SECTION A, LINE 7A THE BOARD GOVERNANCE COMMITTEE SERVES AS THE NOMINATING COMMITTEE FOR CURRENT BOARD MEMBERS OR NEWLY-RECRUITED NOMINEES. THE TRUSTEES VOTE AND ELECT THE NOMINATED GOVERNORS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B AUDIT COMMITTEE WILL REVIEW FORM 990 AND DISCUSS QUESTIONS OR CONCERNS WITH FINANCIAL OFFICERS AND/OR TAX PREPARER PRIOR TO DISTRIBUTING A COPY TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. WHEN AN EMPLOYEE STARTS, THEY ARE GIVEN THE EMPLOYEE HANDBOOK TO READ AND MUST SIGN OFF THAT THEY HAVE RECEIVED AND REVIEWED THE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. COMPENSATION FOR OTHER OFFICERS IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. COMPARABLE INFORMATION FOR OTHER SPORTS MUSEUMS IS USED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 APPLICATION FOR RECOGNITION OF EXEMPTION IS NOT AVAILABLE. ANNUAL RETURNS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT: PROGRAM SERVICE EXPENSES 849,950. MANAGEMENT AND GENERAL EXPENSES 288,492. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,138,442. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,512. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,512. SECURITY: PROGRAM SERVICE EXPENSES 1,532. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,532. PRINTING: PROGRAM SERVICE EXPENSES 6,991. MANAGEMENT AND GENERAL EXPENSES 5,355. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,346. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 135,049. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,049. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 830. MANAGEMENT AND GENERAL EXPENSES 1,422. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,252. INTERNET WEBSITE: PROGRAM SERVICE EXPENSES 25,459. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,459. EXHIBIT DESIGN/DEVELOPMENT: PROGRAM SERVICE EXPENSES 21,322. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 14,250. TOTAL EXPENSES 35,572. VIDEO PRODUCTION: PROGRAM SERVICE EXPENSES 19,445. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,445. EVENT PRODUCTION: PROGRAM SERVICE EXPENSES 1,606,757. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,606,757. CATERING & BANQUET SERVICES: PROGRAM SERVICE EXPENSES 24,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,400. FORM 990, PART XI, LINE 9: EQUITY LOSS FROM SUBSIDIARY -376,113. SPRINGFIELD RIVERFRONT DEVELOPMENT CORP (SRDC) - 04-3341427 1441 MAIN STREET SPRINGFIELD MA 01103 REDEVELOPMENT OF THE SPRINGFIELD RIVERFRONT PROJECT MA NAISMITH MEMORIAL BASKETBALL HALL OF FAME C 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 SPRINGFIELD RIVERFRONT DEVELOPMENT CORPORATION K 12012 AMOUNTS PAID AND/OR ACCRUED SPRINGFIELD RIVERFRONT DEVELOPMENT CORPORATION P 648676 AMOUNTS PAID AND/OR ACCRUED SPRINGFIELD RIVERFRONT DEVELOPMENT CORPORATION D 15535 AMOUNTS PAID AND/OR ACCRUED