2025-07-15T13:54:34-05:00 2024-08-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-09-01 472426473 HUTCHINSON RIVER EDUCATION FOUNDATION INC HUTC 7184300100 ONE WOLFS LANE PELHAM NY 10803 JOSEPH S SOLIMINE TREASURER 7184300100 2025-07-15 1 1 TRACY CAI P01959755 9143818900 2025-07-15 2023 2025-03-06 01:10:19Z CHRISTOPHER F GALLAGHER ONE WOLFS LANE PELHAM NY 10803 2473843 0 X N/A X 2014 NY TO SUPPORT MONSIGNOR SCANLAN HIGH SCHOOL AND OTHER NOT-FOR-PROFIT ENTITIES. 3 3 0 3 0 0 0 100000 0 0 0 0 1910102 2255186 1910102 2355186 1359771 1459528 0 0 0 0 0 0 0 432010 309305 1791781 1768833 118321 586353 24131393 22330436 1366024 901864 22765369 21428572 TO SUPPORT MONSIGNOR SCANLAN HIGH SCHOOL AND PROVIDE FINANCIAL SUPPORT FOR THE MAINTENANCE AND IMPROVEMENT OF THE SCHOOL CAMPUS ON WHICH OTHER NOT-FOR-PROFIT ENTITIES ARE LOCATED. 0 0 1644760 1459528 0 THE FOUNDATION PROVIDED FINANCIAL SUPPORT FOR THE MAINTENANCE AND IMPROVEMENT OF THE SCHOOL CAMPUS INCLUDING RENOVATIONS, REPAIRS, LANDSCAPING AND UPKEEP, FOR THE BENEFIT OF MONSIGNOR SCANLAN HIGH SCHOOL. 1644760 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 NY X X JOSEPH S SOLIMINE 7184300100 ONE WOLFS LANE PELHAM NY 10803 X CHRISTOPHER F GALLAGHER CHAIRMAN 5.00 19.00 X X 0 0 0 JOSEPH S SOLIMINE TREASURER 10.00 14.50 X X 0 0 0 RAMON VELEZ JR DIRECTOR 0.50 2.00 X 0 0 0 0 0 0 0 0 0 0 0 100000 100000 2238842 118657 2120185 2120185 2120185 INSURANCE PROCEEDS 900099 71850 71850 REIMBURSEMENTS 900099 46225 46225 OTHER INCOME 900099 16926 16926 135001 2355186 0 0 2255186 1459528 1459528 97973 97973 26100 26100 126123 126123 94 94 39905 39905 REPAIRS AND MAINTENANCE 19110 19110 1768833 1644760 124073 0 14649 46487 1906612 523240 1214666 1383372 22902078 20900577 24131393 22330436 344756 355362 413125 229199 608143 317303 1366024 901864 X 2008369 2558572 20757000 18870000 22765369 21428572 24131393 22330436 X 586353 -1887000 -36150 X 0 1 X 0 0 X X X 1 MONSIGNOR SCANLAN HIGH SCHOOL 474932411 2 1 1459528 927000 1 1459528 927000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART I, LINE 12, COLUMN VI: THE FOUNDATION PROVIDED RENTAL SPACE TO THE SUPPORTED ORGANIZATION, MONSIGNOR SCANLAN HIGH SCHOOL. PART IV, SECTION A, LINE 2: THE FOUNDATION SUPPORTS MONSIGNOR SCANLAN HIGH SCHOOL (THE "SCHOOL") PER ITS GOVERNING DOCUMENTS. THE SCHOOL IS A HIGH SCHOOL UNDER SECTION 170(B)(1)(A)(III) AND IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS. THE FOUNDATION HAS DETERMINED THAT THE SCHOOL WOULD BE DESCRIBED IN SECTION 509(A)(2) AS IT SERVES THE EDUCATIONAL NEEDS OF THE GENERAL PUBLIC. PART IV, SECTION C, LINE 1: THE FOUNDATION IS SUPERVISED AND CONTROLLED IN CONNECTION WITH MONSIGNOR SCANLAN HIGH SCHOOL (THE "SCHOOL") AND IS DESIGNED AS A TYPE II SUPPORTING ORGANIZATION OF THE SCHOOL. BOTH THE FOUNDATION AND THE SCHOOL SHARE COMMON BOARD MEMBERS. ADDITIONALLY, THE ACTIVITIES OF THE FOUNDATION ARE ALSO SUPERVISED BY CERTAIN MEMBERS OF THE SCHOOL'S MANAGEMENT TEAM. THIS OVERSIGHT ASSURES THAT THE FOUNDATION WILL BE RESPONSIVE TO THE NEEDS AND REQUIREMENTS OF THE SCHOOL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1906612 523240 1383372 1383372 DUE FROM RELATED PARTY 379179 LEASEHOLD INTEREST 18870000 DEFERRED RENT 1651398 20900577 X 2455314 17621 118657 136278 2319036 36150 36150 2355186 3792111 1904621 118657 2023278 1768833 0 1768833 PART IV, LINE 2B: THE FOUNDATION HOLDS A SECURITY DEPOSIT FOR A SUBLEASE ON A SCHOOL BUILDING. THE SECURITY DEPOSIT IS BEING HELD BY MONSIGNOR SCANLAN HIGH SCHOOL. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO AUGUST 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 118,657. PART XI, LINE 4B - OTHER ADJUSTMENTS: WRITE-OFF OF LEASHOLD IMPROVEMENTS 36,150. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 118,657. 1 MONSIGNOR SCANLAN HIGH SCHOOL 915 HUTCHINSON RIVER PARKWAY BRONX NY 10465 474932411 501(C)(3) 1459528 0 REPAIRS AND MAINTENANCE FOR THE SCHOOL 1 0 PART I, LINE 2: THE FOUNDATION PROVIDES REPAIRS AND MAINTENANCE FOR MONSIGNOR SCANLAN HIGH SCHOOL ("SCHOOL"). THE SCHOOL PROVIDES THE FOUNDATION WITH INVOICES FOR THE VARIOUS REPAIRS NEEDED ON THE SCHOOL. THE FOUNDATION'S BOARD REVIEWS THE INVOICES AND APPROVES THE PAYMENT OF THE INVOICES. FORM 990, PART VI, SECTION A, LINE 8A THE FOUNDATION DOES NOT MAINTAIN ITS OWN BOARD MINUTES. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION USES AN OUTSIDE ACCOUNTING FIRM TO PREPARE ITS FORM 990. ONCE THE FORM 990 IS PREPARED, THE FORM 990 IS SENT TO MONSIGNOR SCANLON HIGH SCHOOL'S MANAGEMENT FOR THEIR REVIEW AND APPROVAL. AFTER THE SCHOOL'S MANAGEMENT HAS APPROVED THE RETURN, FORM 990 IS SENT TO THE FULL BOARD AND THE RETURN IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO DIRECTORS AND OFFICERS. ANNUALLY, EACH DIRECTOR AND OFFICER MUST DISCLOSE IF ANY CONFLICTS OF INTEREST EXISTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF LEASHOLD IMPROVEMENTS -36,150. MONSIGNOR SCANLAN HIGH SCHOOL 915 HUTCHINSON RIVER PARKWAY BRONX NY 10465 474932411 EDUCATION NY 501(C)(3) LINE 2 N/A 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0