2023-11-15T14:00:44-07:00 2022-12-31 990 2022-01-01 300307655 THE STANFORD WHITE CASINO THEATRE STAN 4013412142 100 Ochre Point Avenue Newport RI 02840 Michael Grandchamp Treasurer 4013412132 2023-11-15 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Michael N Grandchamp c/o Salve Regina University 100 Ochre Point Avenue Newport RI 02840 0 0 X X 2004 RI Preservation and Restoration of the Historic Stanford White Casino Theatre 6 6 0 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 265152 265152 265152 265152 -265152 -265152 2928666 2663514 0 0 2928666 2663514 Preservation and Restoration of the Historic Stanford White Casino Theatre. 0 0 265152 0 0 The corporation completed the process of preserving and historically restoring the Stanford White Casino Theatre located in Newport, RI. The corporation has completed the collection of donations towards this project. The corporation remains for future fundraising efforts. There are no projected revenues at this time as we are not actively fundraising. Expenses are made up solely of amortization of capitalized leasehold improvements. 0 0 0 265152 1 0 0 0 0 0 1 0 0 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 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 RI X X Michael N Grandchamp 4013412142 100 Ochre Point Avenue Newport RI 02840 Nancy Schreiber President 1 0 X 0 0 0 Kelli Armstrong Board Member 1 0 X 0 0 0 Cheryl Mrozowski Vice President 1 0 X 0 0 0 Michael N Grandchamp Treasurer 1 0 X 0 0 0 Mark Stenning Board Member 1 0 X 0 0 0 Donald Christ Board Member 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 265152 265152 265152 265152 0 0 2663514 0 2928666 2663514 2928666 2663514 0 0 X 2928666 2663514 0 0 2928666 2663514 2928666 2663514 -265152 0 0 0 0 0 X 0 0 0 X 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X X 1 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 2663514 0 0 2663514 0 0 0 0 0 0 0 0 2663514 Schedule D, Part II, Line 9 The Stanford White Casino Theatre's main purpose was to provide fundraising for the renovation of a historically significant building. The only financial activity at this point was the amortization of the leasehold improvements related to the renovation. There is no requirement for audited financial statements and thus there is no footnote disclosure describing the organization's accounting for said conservation easement Form 990, Part VI, Section B, Line 11b The organization's board of trustees receives a draft pdf copy of the Form 990 to review, comment and approve prior to the filing of the document. Form 990, Part VI, Section C, Line 19 The purpose of the Stanford White Casino Theatre (SWCT) is to lease, use, preserve, rehabilitate, maintain, and operate a historical performing arts theatre in Newport RI. During the first six years of its existence, it had been raising funds to pay for the renovation of the theatre. This renovation was completed in October 2010. SWCT subsequently assigned its lease to operate the theatre to Salve Regina University. Consequently, SWCT will not receive any rental income nor will it pay any operating expenses for the theatre. That will be the responsibility of Salve Regina. SWCT will not have any other financial transactions other than the amortization of the capitalized building improvements (leasehold) and periodic capitalized additional leasehold improvements should they be needed. Any future revenue would only be generated if other fundraising projects were to take place for the exempt organization's mission. There are none planned at this point. Since the SWCT does not have any employees and its six members of the board are volunteers, uncompensated and independent, there are no written conflict of interest, whistleblower, or document retentions and destruction policies available for public review. Finally, the IRS form 990 is available upon request within three business days and is publicly available at www.guidestar.org Salve Regina University 100 Ochre Point Avenue Newport RI 02840 050259080 Education RI 501 (c) (3) 7 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 Schedule R, Part V, Line 2 Please note there is no transfer of funds for rental. Salve Regina University maintains the property for its use in its operations and in turn, is responsible for the cost of operations. Filing has been extended to November 15, 2023 as approved by the Internal Revenue Service