2024-11-12T08:53:56-06:00 2023-06-30 043191789 MP PC ONE MONARCH PLACE SPRINGFIELD MA 01144 990 2022-07-01 208847246 PIONEER VALLEY CHINESE IMMERSION EDUCATIONAL FOUNDATION PION 4135827040 317 RUSSELL STREET HADLEY MA 010353535 KATHLEEN WANG PRESIDENT 4135827040 2024-11-04 1 0 PATRICK LEARY P00638212 4137391800 2022 2024-10-15 13:58:12Z X KATHLEEN WANG 317 RUSSELL STREET HADLEY MA 01035 729126 0 X WWW.PVCICS.ORG X 2007 MA SUPPORT THE PIONEER VALLEY CHINESE IMMERSION CHARTER SCHOOL. 4 4 0 0 0 0 0 0 728272 728272 0 0 758 854 729030 729126 0 0 0 0 0 0 0 0 0 725940 732984 725940 732984 3090 -3858 10884724 10580514 11308598 11008246 -423874 -427732 SUPPORT THE PIONEER VALLEY CHINESE IMMERSION CHARTER SCHOOL. 0 0 729384 728457 FACILITY RENTAL 729384 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X KATHLEEN WANG 4135827040 317 RUSSELL STREET HADLEY MA 01035 KATHLEEN WANG PRESIDENT 1.00 40.00 X X 0 104639 4590 WINIFRED MCDONAGH TREASURER 0.00 X X 0 0 0 MITCHELL TASMAN CLERK 0.00 X X 0 0 0 0 104639 4590 0 0 0 0 0 RENTAL INCOME 531120 728272 728272 728272 669 0 669 669 OTHER INCOME 624110 185 185 185 729126 728457 0 669 3600 3600 328571 328571 400488 400488 OTHER OPERATING EXPENSE 250 250 DUES AND SUBSCRIPTIONS 75 75 732984 729384 3600 0 214096 227507 13605442 3645995 10325109 9959447 345519 393560 10884724 10580514 16873 16873 547271 486463 10744454 10470083 0 34827 11308598 11008246 X -423874 -427732 -423874 -427732 10884724 10580514 -3858 0 X 0 1 X 1 0 X 728272 728272 728272 728272 728272 3641360 728272 728272 728272 728272 728272 3641360 0 0 0 3641360 728272 728272 728272 728272 728272 3641360 1.00000 1.00000 0.00000 0.00000 X 718200 718200 1655441 1380642 274799 10535549 2110578 8424971 51219 39798 11421 645033 114977 530056 9959447 DUE TO RELATED PARTY 34827 34827 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR TAX ASSET) IF THE FOUNDATION HAS TAKEN ANY UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR TAX ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF PVCICSEF REVIEWS FORM 990 PRIOR TO FINAL SUBMISSION TO THE RESPECTIVE TAXING AUTHORITIES. FORM 990, PART VI, SECTION C, LINE 19 ALL PVCICSEF DOCUMENTS ARE AVAILABLE EITHER FROM THE ONLINE STATE CORPORATIONS DATABASE OR FROM THE SCHOOL'S OFFICES AT 317 RUSSEL STREET, HADLEY, MA 01035. FORM 990 SECTION B PAGE 1 THE ORIGINAL RETURN HAS BEEN AMENDED TO PROPERLY REFLECT COMPENSATION PAID TO KATHLEEN WANG, BOARD PRESIDENT, FROM A RELATED ORGANIZATION - PIONEER VALLEY CHINESE IMMERSION CHARTER SCHOOL. THE WAGES PAID BY PIONEER VALLEY CHINESE IMMERSION CHARTER SCHOOL TO KATHLEEN WANG WERE INCORRECTLY REPORTED IN PART VII - SECTION A - COLUMN D - REPORTABLE COMPENSATION FROM THE ORGANIZATION (PIONEER VALLEY CHINESE IMMERSION EDUCATIONAL FOUNDATION). THE COMPENSATION SHOULD HAVE BEEN REPORTED IN COLUMN E - REPORTABLE COMPENSATION FROM A RELATED ORGANIZATION. THE AMOUNT REPORTED IN COLUMN D - REPORTABLE COMPENSATION FROM THE ORGANIZATION (PIONEER VALLEY CHINESE IMMERSION EDUCATIONAL FOUNDATION) FOR KATHLEEN WANG SHOULD HAVE BEEN $0. FORM 990 SECTION B PAGE 1 THE FOLLOWING ITEMS HAVE BEEN UPDATED FROM THE ORIGINAL RETURN: PART VII - SECTION A - COLUMN D - KATHLEEN WANG - ORIGINAL RETURN - $104,639 - AMENDED RETURN - $0 PART VII - SECTION A - COLUMN E - KATHLEEN WANG - ORGINAL RETURN - $0 - AMENDED RETURN - $104,639 PART VII - SECTION A - COLUMN B - KATHLEEN WANG - ORIGINAL RETURN - AVERAGE HOURS WORKED PER WEEK FOR RELATED ORGANIZATION - 0 - AMENDED RETURN - 40 PIONEER VALLEY CHINESE IMMERSION CH 317 RUSSELL STREET HADLEY MA 01035 331156447 CHARTER SCHOOL MA 115 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 PVCICS J 728272 FAIR MARKET VALUE PVCICS E 10470083 FAIR MARKET VALUE PVCICS Q 34827 FAIR MARKET VALUE