2023-10-04T13:03:59-05:00 2022-12-31 042689883 WOLF & COMPANY PC 255 STATE STREET BOSTON MA 02109 990 2022-01-01 042108354 EASTERN STATES EXPOSITION EAST 4137372443 1305 MEMORIAL AVENUE WEST SPRINGFIELD MA 01089 JEROME RICHARD DIRCTOR OF FINANCE 4137372443 2023-10-04 1 JEROME RICHARD 000004860 1 HARRY A KALAJIAN JR CPA P00464296 6174399700 2023-10-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEROME RICHARD 1305 MEMORIAL AVENUE WEST SPRINGFIELD MA 01089 31116719 0 X WWW.THEBIGE.COM X 1923 MA EASTERN STATES EXPOSITION IS A NOT-FOR-PROFIT CORPORATION COMMITTED TO EXCELLENCE IN PROVIDING YEAR-ROUND OPPORTUNITIES FOR THE DEVELOPMENT AND PROMOTION OF AGRICULTURE, EDUCATION, INDUSTRY AND FAMILY ENTERTAINMENT WHILE PRESERVING OUR NEW ENGLAND HERITAGE. 18 17 847 2316 3430955 0 11024641 66885 24843809 30503979 150604 276948 -162120 16162 35856934 30863974 10517 16366 0 0 5185968 6259333 0 0 0 16666443 20126463 21862928 26402162 13994006 4461812 51715306 53791873 8453150 6850427 43262156 46941446 EASTERN STATES EXPOSITION IS A NOT-FOR-PROFIT CORPORATION COMMITTED TO EXCELLENCE IN PROVIDING YEAR-ROUND OPPORTUNITIES FOR THE DEVELOPMENT AND PROMOTION OF AGRICULTURE, EDUCATION, INDUSTRY AND FAMILY ENTERTAINMENT WHILE PRESERVING OUR NEW ENGLAND HERITAGE. 0 0 23449201 16366 26964186 EASTERN STATES EXPOSITION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS TO:- PROVIDE AN EDUCATIONAL EXPERIENCE FOR URBAN AND RURAL PERSONS, ESPECIALLY YOUTH, THROUGH PROGRAMS AND EXHIBITIONS DESIGNED TO INCLUDE LOCAL AND REGIONAL PARTICIPATION, DEMONSTRATION AND COMPETITION.- PROVIDE A SHOW WINDOW TO PRESENT THE AGRICULTURAL AND OTHER RESOURCES OF THE NORTHEAST AND BEYOND.- PROVIDE REGIONAL FACILITIES FOR USE IN SERVING THE BEST INTERESTS OF NEW ENGLAND AND THE NORTHEAST.- FOCUS ATTENTION ON THE NEW ENGLAND HERITAGE AND ITS PIONEERING SPIRIT THAT CONTRIBUTES TO CONTINUING PROGRESS. 23449201 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 1 264 0 1 847 1 1 1 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JEROME RICHARD 4137372443 1305 MEMORIAL AVENUE WEST SPRINGFIELD MA 01089 WILLIAM M STAMP JR FIRST VICE CHAIR 1.00 X X 0 0 0 THOMAS BEARDSLEY DIRECTOR 1.00 X 0 0 0 ROBERT W SPEAR SECRETARY 1.00 X X 0 0 0 ROBERT F SPOERL SECOND VICE CHAIR 1.00 X X 0 0 0 RICHARD P ROBERTS ESQ DIRECTOR 1.00 X 0 0 0 RACHEL MONETTE DIRECTOR 1.00 X 0 0 0 MATTHEW PARSONS DIRECTOR 1.00 X 0 0 0 MARTHA SEIFERT DIRECTOR 1.00 X 0 0 0 MARGARET DRYE DIRECTOR 1.00 X 0 0 0 JON OLSON DIRECTOR 1.00 X 0 0 0 JANE G GURZENDA DIRECTOR 1.00 X 0 0 0 JAMES R LYMAN TREASURER 1.00 X X 0 0 0 GREG BREENE DIRECTOR 1.00 X 0 0 0 EUGENE J CASSIDY PRESIDENT & CEO 50.00 X X 493405 0 128704 DONALD MAREAN DIRECTOR 1.00 X 0 0 0 DAVID C HENRY CHAIRMAN 1.00 X X 0 0 0 DAVID ALLEN DIRECTOR 1.00 X 0 0 0 ARMANDO PAOLINO III DIRECTOR 1.00 X 0 0 0 JEROME RICHARD DIRECTOR OF FINANCE 50.00 X 210347 0 16767 TIMOTHY GARSTKA DIRECTOR-SALES 50.00 X 154460 0 13372 NOREEN TASSINARI DIRECTOR-MARTKETING 50.00 X 163344 0 12222 CLIFFORD HEDGES DIRECTOR-SECURITY 50.00 X 144748 0 12341 1166304 0 183406 5 0 1 0 COLLINS ELECTRIC 53 SECOND AVE CHICOPEE MA 01020 ELECTRICAL CONTRACT 1013557 MELLOWSHIP ENTERTAINMENT LLC 1115 MEMORIAL AVE WEST SPRINGFIELD MA 01089 ENTERTAINMENT CONTRACTOR 750514 FRANK B PAIGE PLUMBING & HEATING INC 11 ROSEMONT STREET EAST LONGMEADOW MA 01028 PLUMBING CONTRACTOR 679195 GRIMALDI CONSTRUCTION 84 ADAMS STREET AGAWAM MA 01020 GENERAL CONTRACTOR 506657 R G WEBSTER ENTERPRISES PO BOX 193 AGAWAM MA 01001 GENERAL CONTRACTOR 372758 18 66885 66885 FALL SHOW 713990 26616075 26616075 BUILDING AND GROUNDS RENTAL 713990 3887904 348111 3539793 30503979 244259 244259 143907 252745 -108838 -108838 -108838 32689 0 32689 32689 32689 MISC. REVENUE 900099 125000 125000 125000 30863974 27089186 3430955 276948 15366 15366 1000 1000 703752 560703 143049 4751852 3929009 822843 328048 328048 102181 102181 373500 373500 53961 53961 1317148 1282894 34254 889664 783507 106157 397654 397654 143497 117470 26027 4197 4197 218345 218345 2649940 2649940 413597 413597 SERVICES/CONTRACTS 7738192 7302740 435452 PROGRAM & EVENTS 1546919 1546919 UTILITIES 1343401 1140839 202562 MAINTENANCE 1201520 1201520 2208428 2101846 106582 26402162 23449201 2952961 0 14964741 16768149 520268 373226 257249 293586 31218 4520 87510200 62151490 24957530 25358710 7109912 7110957 12775 10858 3861613 3871867 51715306 53791873 656585 855889 674548 575163 6680246 5359262 441771 60113 8453150 6850427 X 43262156 46941446 43262156 46941446 51715306 53791873 4461812 -782522 0 X X 0 1 X 1 0 X 50000 66885 116885 20370543 22478978 120573 22406693 26964187 92340974 20370543 22478978 120573 22456693 27031072 92457859 0 0 0 92457859 203984 199829 149669 150604 224259 928345 203984 199829 149669 150604 224259 928345 125000 125000 20574527 22678807 270242 22607297 27380331 93511204 0.98870 0.99120 0.00990 0.00880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56771138 38412057 18359081 16974592 13399105 3575487 13764470 10340328 3424142 25358710 INVESTMENTS 7110957 F 7110957 INSURANCE RECEIVABLE 3871867 3871867 TICKET RECEIPTS 60113 60113 X 30326653 -782522 -782522 31109175 -245201 -245201 30863974 26647363 245201 245201 26402162 0 26402162 PART X, LINE 2: THE EXPOSITION AND THE FOUNDATION ARE CLASSIFIED AS SECTION 501(C)(3) ORGANIZATIONS (NOT PRIVATE FOUNDATIONS) UNDER THE INTERNAL REVENUE CODE AND AS A RESULT, ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT STATUS IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. STC IS A FOR PROFIT COMPANY SUBJECT TO INCOME TAXATION. THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES. AS OF DECEMBER 31, 2022 THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED BENEFITS. THE ORGANIZATION'S INFORMATIONAL AND INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE JURISDICTIONS. THE ORGANIZATION IS CURRENTLY OPEN TO AUDIT UNDER THE APPLICABLE STATUTES OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDED DECEMBER 31, 2019 THROUGH 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: STORROWTON TAVERN RENTAL EXPENSES -245,201. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORROWTON TAVERN RENTAL EXPENSES 245,201. 0 IAFE EDUCATION FOUNDATION 3043 EAST CAIRO STREET SPRINGFIELD MO 65802 134220818 501(C)(3) 12400 0 EXEMPT PURPOSE 1 SCHOLARSHIPS 2 1000 PART III, COLUMN (B) EACH STATE WILL BE RESPONSIBLE FOR ITS OWN SELECTION PROCESS. THE FOLLOWING TWO CRITERIA ARE NECESSARY FOR QUALIFICATION OF THIS SCHOLARSHIP: POTENTIAL CANDIDATES MUST HAVE BEEN A 4-H PROGRAM PARTICIPANT AT THE BIG E FOR AT LEAST ONE YEAR, THE YEAR OF THE SCHOLARSHIP PRESENTATION OR PRIOR. SCHOLARSHIP MUST BE USED FOR TWO OR FOUR YEAR COLLEGE, PROFESSIONAL TRAINING, TECHNICAL SCHOOLS, ETC. STUDENTS FROM MAINE, NEW HAMPSHIRE AND VERMONT CAN APPLY DURING ODD-NUMBERED YEARS. STUDENTS FROM MASSACHUSETTS, RHODE ISLAND AND CONNECTICUT CAN APPLY DURING EVEN-NUMBERED YEARS. IT IS UP TO EACH STATE TO NOTIFY THEIR RECIPIENT, AND ARRANGE FOR THE WINNER TO BE PRESENT ON 4-H DAY (THE FIRST SATURDAY) AT THE BIG E. EACH STATE SHALL NOTIFY THE EASTERN STATES EXPOSITION AGRICULTURE & EDUCATION DEPARTMENT OF THE WINNER'S NAME AT LEAST ONE WEEK PRIOR TO THE 4-H DAY SCHOLARSHIP PRESENTATION. WINNERS WILL RECEIVE A DOCUMENT AT THE PRESENTATION CERTIFYING THEY HAVE WON THE SCHOLARSHIP. IT IS THE RESPONSIBILITY OF THE INDIVIDUAL STATE TO DECIDE IF THE SCHOLARSHIP CHECK SHOULD BE WRITTEN TO THE RECIPIENT OR THE EDUCATIONAL INSTITUTION. TO APPLY OR REQUEST A COPY OF THE APPLICATION, PLEASE CONTACT YOUR STATE 4-H EXTENSION OFFICE. X 0 1 X X X X X X 0 1 0 1 0 0 0 0 0 EUGENE J CASSIDY PRESIDENT & CEO 493405 0 0 0 0 0 128704 0 0 0 622109 0 0 0 JEROME RICHARD DIRECTOR OF FINANCE 210347 0 0 0 0 0 16767 0 0 0 227114 0 0 0 NOREEN TASSINARI DIRECTOR-MARTKETING 163344 0 0 0 0 0 12222 0 0 0 175566 0 0 0 TIMOTHY GARSTKA DIRECTOR-SALES 154460 0 0 0 0 0 13372 0 0 0 167832 0 0 0 CLIFFORD HEDGES DIRECTOR-SECURITY 144748 0 0 0 0 0 12341 0 0 0 157089 0 0 0 PART I, LINE 4B THE EXPOSITION HAS A DEFERRED COMPENSATION ARRANGEMENT WITH THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. EXPENSE RELATED TO THIS ARRANGEMENT WAS $100,000 DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021. AS OF DECEMBER 31, 2021, THE ACCRUED LIABILITY WAS $400,000. THE DEFERRED COMPENSATION WAS PAID IN 2022. PART I, LINE 5 THE ORGANIZATION HAS PAID OR ACCRUED BONUSES BASED ON A NUMBER OF FACTORS INCLUDING: ADHERENCE TO EXPENSE BUDGET, COMPANY GROWTH/SALES EXPANSION, COMMUNITY/INDUSTRY INVOLVEMENT, STRATEGIC PROGRAM EXPANSION AND PERSONAL GOALS. SCHEDULE J, PART I, LINE 1A CERTAIN FEES ARE PAID THAT ARE ASSSOCIATED WITH PERTINENT SOCIAL CLUBS USED BY THE ORGANIZATION. WILLIAM WAGNER TRUSTEE OF ORGANIZATION IS ALSO A BOARD MEMBER OF WESTFIELD BANK 789987 BOND PAYMENTS 0 SCHEDULE L, PART VI, BUSINESS TRANSACTION INVOLVING INTERESTED PERSONS ORGANIZATION HAS A BOND ISSUANCE WITH CHICOPEE SAVINGS BANK AS THE DISBURSING BANK. MR. WAGNER WAS THE PRESIDENT OF CHICOPEE SAVINGS BANK. THE CHICOPEE SAVINGS BANK ACQUIRED BY WESTFIELD BANK AND MR. WAGNER IS A BOARD MEMBER OF THE WESTFIELD BANK. FORM 990, PART VI, SECTION B, LINE 11B CEO AND DIRECTOR OF FINANCE REVIEW THE 990, REPORT TO THE ADMINISTRATIVE COMMITTEE AND THE AUDIT/FINANCE COMMITTEE AND PROVIDE THEM WITH COPIES OF THE 990. THE 990 IS ALSO AVAILABLE TO BOARD MEMBERS AT THE BOARD MEETING FOR THEIR PERUSAL. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HIRES OUTSIDE CONSULTANTS TO PERFORM A SALARY SURVEY PERIODICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PUBLISHES AN ANNUAL CERTIFIED FINANCIAL REPORT WHICH IS PROVIDED TO THE TOWN HALL IN WEST SPRINGFIELD AND CAN OBTAIN A COPY OF THIS REPORT AT THE FAIR GROUNDS. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR 2022. EASTERN STATES EXPOSITION FOUNDATION 1305 MEMORIAL AVENUE WEST SPRINGFIELD MA 01089 043567679 RAISES FUNDS MA 501(C)(3) LINE 10 N/A 0 STORROWTON TAVERN CORPORATION 1305 MEMORIAL AVENUE WEST SPRINGFIELD MA 01089 020652494 MGMT SERVICES MA N/A C 24000 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 EASTERN STATES EXPOSITION FOUNDATION O FMV STORROWTON TAVERN CORPORATION O FMV EASTERN STATES EXPOSITION FOUNDATION N FMV STORROWTON TAVERN CORPORATION N 7664 FMV BIG TOP TRIO LLC 1115 MEMORIAL AVE WEST SPRINGFIELD MA 01089 884048996 EQUIPMENT LEASING MA UNRELATED 0 -61997 88003 0 -61997 0 0.33330