2025-11-17T00:15:04-06:00 2024-12-31 481243147 CHRISTOPHER J CLAIR CPA PA 6409 GLADSTONE DRIVE SHAWNEE KS 66218 990 2024-01-01 136111094 NEW ENGLAND SOCIETY IN THE CITY OF NEW YORK NEWE 9293570170 150 EAST 55TH STREET 3RD FLOOR NEW YORK NY 10022 ANNE TEASDALE CURRENT PRESIDENT 9293570170 2025-11-17 1 0 CHRISTOPHER J CLAIR P00218187 9132442521 2025-11-17 2024 2025-03-06 01:10:19Z MATTHEW RIMI VON BARTON 150 EAST 55TH STREET 3RD FLOOR NEW YORK NY 10022 1461102 0 X www.nesnyc.org X 1805 NY THE SOCIETY'S MISSION IS TO PROMOTE FRIENDSHIP, CHARITY AND MUTUAL ASSISTANT AMONG AND ON BEHALF OF NEW ENGLANDERS LIVING IN NEW YORK. THE SOCIETY IS ONE OF THE OLDEST CHARITABLE ORGANIZATION'S IN THE UNITED STATES AND WAS FOUNDED IN 1805. TODAY, THE SOCIETY CELEBRATES THE NEW ENGLAND SPIRIT AND HERITAGE THROUGH ITS CHARITABLE WORKS, SOCIAL ACTIVITIES FOR MEMBERS AND GUESTS. ITS PHILANTHROPIC FOCUS IS A SCHOLARSHIP PROGRAM FOR NEW YORK CITY STUDENTS ATTENDING NEW ENGLAND COLLEGES AND UNIVERSITIES. 15 15 0 50 0 0 48561 940074 68450 84758 92604 66473 0 1276 209615 1092581 89500 86650 0 0 91666 106000 0 0 26616 244244 145821 425410 338471 -215795 754110 2180608 3124095 47288 195190 2133320 2928905 SEE STATEMENT ON FORM 990, PAGE 1, PART 1, LINE 1 0 0 86650 86650 SCHOLARSHIPS FOR NEW YORK STUDENTS ATTENDING NEW ENGLAND COLLEGES AND UNIVERSITIES. IN 2024, THE NEW ENGLAND SOCIETY SUPPORTED THE EDUCATION OF NUMEROUS STUDENTS. 171560 86034 TO PROMOTE ITS PURPOSE, THE SOCIETY HOLDS VARIOUS EVENTS AND SOCIAL ACTIVITIES FOR MEMBERS AND GUESTS. THESE SOCIAL FUNCTIONS AND DINNERS THROUGHOUT THE YEAR ADD TO THE FUNDS AVAILABLE FOR THE SCHOLARSHIP PROGRAM. 258210 1 1 0 0 0 0 0 1 0 1 0 1 0 0 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 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X PRESTI & NAEGELE LLC 2127360055 225 W 35TH ST 5TH FLR NEW YORK NY 10001 MATTHEW RIMI VON BARTON PRESIDENT 2.00 X X 0 0 0 SIGOURNEY RON ROMAINE TREASURER 1.00 X X 0 0 0 MARK PEARSON SECRETARY 1.00 X X 0 0 0 DANZEY BURNHAM ASSISTANT SECRETARY 1.00 X X 0 0 0 ANNE TEASDALE FIRST VICE PRESIDENT 1.00 X X 0 0 0 JAN WHITMAN OGDEN SECOND VICE PRESIDENT 1.00 X X 0 0 0 CHARLES E DORKEY III ASSISTANT TREASURER 1.00 X X 0 0 0 JUDY BLISS DIRECTOR 1.00 X 0 0 0 DONNA GROSS DIRECTOR 1.00 X 0 0 0 LUCILLE KIRK DIRECTOR 1.00 X 0 0 0 LESLIE MIDDLEBROOK MOORE DIRECTOR 1.00 X 0 0 0 MARIAN MORRILL DIRECTOR 1.00 X 0 0 0 STEPHEN STOREN DIRECTOR 1.00 X 0 0 0 HEATHER HILGERS DIRECTOR 1.00 X 0 0 0 NICHOLAS D'ANGELO DIRECTOR 1.00 X 0 0 0 KATHERINE JOHNSON EXECUTIVE DIRECTOR 40.00 X 106000 0 0 106000 0 0 1 0 0 0 0 27016 913058 940074 SOCIAL ACTIVITIES & EV 900099 84758 84758 84758 59994 59994 375000 368521 6479 6479 6479 OTHER REVENUE 900099 1276 1276 1276 1092581 86034 0 66473 86650 86650 106000 79500 15900 10600 37900 28425 5685 3790 13484 13484 282 211 43 28 6250 4687 938 625 14750 11062 2213 1475 5301 3975 796 530 1997 1498 300 199 SOCIAL EVENTS & ACTIVIT 90162 67618 13526 9018 BANK AND CREDIT CARD FE 3512 2634 527 351 MISCELLANEOUS 233 233 PORTION OF SCHOLARSHIP -28050 -28050 338471 258210 53645 26616 2548 6494 2132322 3096998 45738 20603 2180608 3124095 11412 47288 183778 47288 195190 X 1438015 1313471 695305 1615434 2133320 2928905 2180608 3124095 X 754110 238626 -197151 X X 0 1 X 1 0 X 54997 58790 68319 48561 940074 1170741 54997 58790 68319 48561 940074 1170741 1170741 49004 45882 68820 50381 66473 280560 1451301 0.80670 0.53950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 695305 900100 107647 86650 968 1615434 728115 5485 51205 89500 695305 818019 41830 -55534 76200 728115 774436 14965 79943 51325 818019 721643 55048 24645 26900 774436 1.00000 0 0 0 FIDELITY - GENERAL ENDOWMENT 1481564 F FIDELITY - SCHOLARSHIP FUND 1615434 F 3096998 OPERATING LEASE LIABILITY 21203 SCHOLARSHIPS PAYABLE 162575 183778 X 1331207 238626 238626 1092581 0 1092581 338471 0 338471 0 338471 Part III, Line 4: THE SOCIETY HAS A SMALL COLLECTION OF HISTORICAL DOCUMENTS PERTAINING TO THE NEW ENGLAND SOCIETY. THIS COLLECTION INCLUDES INTERNAL DOCUMENTS, ANNUAL REPORTS, EVENT INVITATIONS, ADDRESSES FROM GUEST SPEAKERS, BOARD MINUTES AND OTHER SUCH DOCUMENTS. SOME OF THESE DOCUMENTS ARE BEING DIGITIZED AND POSTED ON THE WEBSITE AS TIME AND FUNDING ALLOW. SCHOLARS CAN MAKE AN APPOINTMENT WITH THE SOCIETY TO VIEW THE COLLECTION. THE COLLECTION PRESERVES THE HISTORY OF THE SOCIETY AND PROVIDE AN INTERESTING PERSPECTIVE ON THE HISTORY OF NEW YORK CITY. THE NEW ENGLAND SOCIETY COLLECTION IS SMALL, BUT IT IS IMPORTANT TO THE ORGANIZATION TO HAVE ITS HISTORY DOCUMENTED. Part V, Line 4: THE SOCIETY'S NET ASSETS WITH DONOR RESTRICTIONS ARE COMPRISED OF $1,615,434 TO BE UTILIZED FOR SCHOLARSHIPS. Part X, Line 2: THE SOCIETY HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS UNDER ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. 1 SCHOLARSHIPS 20 86650 Part I, Line 2: THE SOCIETY PROVIDES SCHOLARSHIPS FOR NEW YORK CITY STUDENTS ATTENDING COLLEGES AND UNIVERSITIES IN NEW ENGLAND. THE SCHOLARSHIP RECIPIENTS COMPLETE A COMPREHENSIVE APPLICATION AND UNDERGO AN INTERVIEW PROCESS. UPON SELECTION, SCHOLARSHIPS ARE DISTRIBUTED DIRECTLY TO THE RECIPIENTS COLLEGE OR UNIVERSITY, ALONG WITH A LETTER OUTLINING HOW THE FUNDS SHOULD BE USED. THE SOCIETY REQUIRES THAT THE COLLEGES AND UNIVERSITIES PROVIDE A WRITTEN RESPONSE INDICATING RECEIPT OF THE SCHOLARSHIP PAYMENT AND ACKNOWLEDGEMENT OF HOW THE FUNDS WILL BE USED. Form 990, Part VI, Section A, line 3 A PROFESSIONAL MANAGEMENT COMPANY PROVIDES MANAGEMENT SERVICES. THE SOCIETY HAD A MANAGEMENT CONTRACT WITH POWERED BY PROFESSIONALS, INC FOR 2024. THE MANAGEMENT CONTRACT WAS NOT RENEWED FOR THE 2025 YEAR. Form 990, Part VI, Section A, line 6 THE SOCIETY IS COMPOSED OF ACTIVE MEMBERS, LIFE MEMBERS, NON-RESIDENT MEMBERS, ASSOCIATE MEMBERS, AND HONORARY MEMBERS. ACTIVE, LIFE AND NON-RESIDENT MEMBERS HAVE VOTING PRIVILEGES. ASSOCIATE AND HONORARY MEMBERS DO NOT HAVE VOTING PRIVILEGES. Form 990, Part VI, Section A, line 7a ACTIVE MEMBERS, LIFE MEMBERS AND NON-RESIDENT MEMBERS ELECT OFFICERS AND DIRECTORS AT THE ANNUAL MEETING. NOTICE OF THE ANNUAL MEETING OF THE SOCIETY IS SENT IN WRITING TO EACH ELIGIBLE MEMBER, AND THE NOTICE INCLUDES THE DATE, TIME AND PLACE OF THE MEETING, AS WELL AS A LIST OF CANDIDATES FOR ELECTION AND OTHER MATTERS TO BE VOTED ON BY THE MEMBERSHIP. AT THE ANNUAL MEETING, ONE-THIRD OF THE MEMBERS SHALL BE PRESENT IN PERSON OR BY PROXY TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. DECISIONS, INCLUDING THE ELECTION OF OFFICERS AND DIRECTORS, CAN BE MADE BY A MAJORITY OF THE MEMBERS VOTING. Form 990, Part VI, Section A, line 7b THE SOCIETY'S MEMBERS VOTE TO ELECT OFFICERS AND DIRECTORS OF THE BOARD EACH YEAR, AND AMENDMENTS TO THE ORGANIZATION'S BY-LAWS MUST BE APPROVED BY THE MEMBERSHIP. Form 990, Part VI, Section B, line 11b THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT. THE SOCIETY'S PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 IN DETAIL PRIOR TO IT BEING FILED WITH THE IRS. THE REMAINDER OF THE BOARD'S OFFICERS AND DIRECTORS RECEIVE A COPY OF THE FINAL FORM 990 PRIOR TO IT BEING FILED. Form 990, Part VI, Section B, line 12c ALL BOARD MEMBERS MUST REVIEW AND SIGN THE CONFLICT OF INTEREST FORM ANNUALLY. AT EACH MEETING OF THE BOARD OF DIRECTORS, DISCLOSURE OF REAL OR POTENTIAL CONFLICTS OF INTEREST IS REQUIRED. IF A BOARD MEMBER IS AFFILIATED WITH A COMPANY THAT IS BEING CONSIDERED FOR A SERVICE, HE/SHE MUST EXPLAIN HIS/HER AFFILIATION AND MUST EXCUSE HIM/HERSELF FROM ANY DISCUSSION AND VOTING WITH RESPECT TO THE PROPOSED TRANSACTION. IF A BOARD MEMBER HAS A SERVICE TO OFFER THE SOCIETY THAT WOULD REQUIRE COMPENSATION, THE BOARD MUST COMPARE THE SERVICE WITH TWO COMPETITORS AND MAKE A DECISION IN THE BEST INTERESTS OF THE SOCIETY. Form 990, Part VI, Section B, line 15a THE EXECUTIVE DIRECTOR'S COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION IS INDEPENDENT CONTRACTOR COMPENSATION. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED TO ALL INDIVIDUALS UPON REQUEST PURSUANT TO STATE AND FEDERAL LAW. Form 990, Part XI, line 9: MODIFIED CASH BASIS TO ACCRUAL BASIS CONVERSION ADJUSTMENT -197151. FORM 990, PART XII, LINE 1 EFFECTIVE JANUARY 1, 2024, THE SOCIETY SWITCHED FROM THE MODIFIED CASH BASIS OF ACCOUNTING TO THE ACCRUAL BASIS OF ACCOUNTING. AN ADJUSTMENT WAS MADE ACCORDINGLY TO BEGINNING NET ASSETS TO RECORD THE NECESSARY ACCRUALS AS OF DECEMBER 31, 2023. ADDITIONAL ACCOUNTS PAYABLE OF $6,526 AND SCHOLARSHIPS PAYABLE OF $190,625 WERE RECORDED, WHICH RESULTED IN A NET REDUCTION OF $197,151 TO THE NET ASSETS BALANCE AS OF DECEMBER 31, 2023. A CASH TO ACCRUAL ADJUSTMENT HAS BEEN REPORTED ON THIS YEAR'S 2024 TAX RETURN FOR THE $197,151 REDUCTION TO NET ASSETS. NET ASSETS AS OF DECEMBER 31, 2023 AS REPORTED PER THE PRIOR YEAR 2023 FORM 990 TAX RETURN UNDER THE MODIFIED CASH BASIS OF ACCOUNTING WERE $2,133,320. AFTER THE REDUCTION OF $197,151 NOTED ABOVE, THE ADJUSTED NET ASSETS BALANCE AS OF DECEMBER 31, 2023 UNDER THE ACCRUAL BASIS OF ACCOUNTING WAS $1,936,169. FORM 990, PART XII, LINE 2C NO CHANGES HAVE BEEN MADE TO THE BOARD'S REVIEW/OVERSIGHT PROCEDURES OF THE AUDITED FINANCIAL STATEMENTS THAT WERE IN PLACE IN THE PREVIOUS YEAR.