2023-10-23T14:28:43-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2022-01-01 475597813 BOYS & GIRLS CLUB OF PATERSON AND PASSAIC ASSOCIATION INC BOYS 9732793055 264 21ST AVENUE PATERSON NJ 07501 WENDY MCGUIRE TREASURER 9732793055 2023-10-23 1 WENDY MCGUIRE 999009999 1 GARRETT M HIGGINS P00543209 2017129800 2023-09-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z WENDY MCGUIRE 264 21ST AVENUE PATERSON NJ 07501 281880 0 X WWW.BGCPPNJ.ORG X 2015 NJ THE ASSOCIATION WAS FORMED TO PARTICIPATE IN THE NEW MARKETS TAX CREDIT FINANCING PROGRAM, AS SET FORTH IN SECTION 45D OF THE INTERNAL REVENUE CODE, FOR THE RENOVATION OF THE BOYS & GIRLS CLUB OF PATERSON AND PASSAIC'S PROPERTY IN PASSAIC AND TO SPECIFICALLY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY THE CLUB. 6 5 0 7 0 0 0 0 273672 281880 0 0 0 0 273672 281880 224476 232684 0 0 0 0 0 0 0 218926 218995 443402 451679 -169730 -169799 5775233 5622692 6653217 6670475 -877984 -1047783 X THE ASSOCIATION WAS FORMED TO PARTICIPATE IN THE NEW MARKETS TAX CREDIT FINANCING PROGRAMS, AS SET FORTH IN SECTION 45D OF THE INTERNAL REVENUE CODE, FOR THE RENOVATION OF THE BOYS & GIRLS CLUB OF PATERSON AND PASSAIC'S PROPERTY IN PASSAIC AND TO SPECIFICALLY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY THE CLUB. 0 0 232684 232684 281880 NEW MARKETS TAX CREDIT FINANCING PROGRAM 232684 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 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 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X WENDY MCGUIRE TREASURER 9732793055 264 21ST AVENUE PATERSON NJ 07501 BRIAN HEIDTKE PRESIDENT 2.00 2.00 X X 0 0 0 WENDY MCGUIRE TREASURER 2.00 40.00 X X 0 161269 8111 SHELLEY TOBENKIN TRUSTEE THRU APRIL 2022 2.00 40.00 X 0 85179 5243 GLEN VETRANO SECRETARY 2.00 X X 0 0 0 JOSE ANGEL MARTINEZ TRUSTEE 2.00 X 0 0 0 JEFFREY MONGE TRUSTEE 2.00 X 0 0 0 MARIO TOMMOLILLO TRUSTEE 2.00 X 0 0 0 0 246448 13354 0 0 1 0 0 RENTAL INCOME 532000 281880 281880 281880 281880 281880 0 0 232684 232684 14094 14094 11500 11500 25000 25000 56 56 66748 66748 49198 49198 52399 52399 451679 232684 218995 0 132979 77178 3251537 3184789 1374965 232534 1182872 1142431 1207845 1218294 5775233 5622692 0 5300 6653217 6665175 6653217 6670475 X -877984 -1047783 -877984 -1047783 5775233 5622692 -169799 0 X X 0 1 X 1 0 X X X 1 BOYS & GIRLS CLUB OF PATERSON AND PASSAIC INC 221726665 10 1 232684 0 1 232684 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION E, LINE 2A: SUPPORTED ORGANIZATION: BOYS & GIRLS CLUB OF PATERSON AND PASSAIC INC. EIN: 22-1726665 THE ASSOCIATION WAS FORMED TO PARTICIPATE IN THE NEW MARKETS TAX CREDIT FINANCING PROGRAM, AS SET FORTH IN SECTION 45D OF THE INTERNAL REVENUE CODE, FOR THE RENOVATION OF THE BOYS & GIRLS CLUB OF PATERSON AND PASSAIC'S PROPERTY IN PASSAIC AND TO SPECIFICALLY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY THE CLUB. PART IV, SECTION E, LINE 2B: SUPPORTED ORGANIZATION: BOYS & GIRLS CLUB OF PATERSON AND PASSAIC INC. EIN: 22-1726665 THE ASSOCIATION WAS FORMED TO ACQUIRE FINANCING TO ASSIST ITS SUPPORTED ORGANIZATION IN FUNDING THE RENOVATION OF THE CLUB'S PROPERTY. IF THE ASSOCIATION DIDN'T EXIST, THE CLUB WOULD HAVE BEEN ABLE TO TAKE ON SIMILAR ACTIVITIES IN FULFILLMENT OF ITS MISSION. 1374965 232534 1142431 1142431 DUE FROM BGCPP 1218294 1218294 X 7532211 7845737 7845737 -313526 595406 595406 281880 6637305 6781032 6781032 -143727 595406 595406 451679 PART X, LINE 2: THE ORGANIZATIONS ARE TAX-EXEMPT ORGANIZATIONS AS DEFINED BY THE INTERNAL REVENUE CODE, THOUGH THEY ARE SUBJECT TO TAX ON INCOME UNRELATED TO THEIR EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATIONS HAVE PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF THEIR TAX EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE THEIR FILLING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH THEY HAVE NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATIONS HAVE DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE IN THE CONSOLIDATED FINANCIAL STATEMENTS ATTRIBUTED 7,845,737. TO THE CLUB PART XI, LINE 4B - OTHER ADJUSTMENTS: ELIMINATING ENTRIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS 595,406. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES IN THE CONSOLIDATED FINANCIAL STATEMENTS 6,781,032. ATTRIBUTED TO THE CLUB PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATING ENTRIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS 595,406. 1 BOYS & GIRLS CLUB OF PATERSON AND PASSAIC INC 264 21ST AVENUE PATERSON NJ 07501 221726665 501C(3) 232684 0 RENOVATION OF PASSAIC CLUB HOUSE UNDER THE NEW MARKETS TAX CREDIT. 1 0 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANTS TO THE BOYS AND GIRLS CLUB OF PATERSON AND PASSAIC (BGCPP). THE ORGANIZATION MONITORS THE USE OF THE GRANTS UNDER THEIR COMMON MANAGEMENT. 0 0 0 0 0 0 0 0 0 WENDY MCGUIRE TREASURER 0 159479 0 500 0 1290 0 4815 0 3296 0 169380 0 0 PART I, LINE 3 THE ORGANIZATION'S RELATED ENTITY THE BOYS AND GIRLS CLUB OF PATERSON AND PASSAIC HAS THE FOLLOWING PROCESS FOR COMPENSATION REVIEW. THE EMPLOYEES HAVE ANNUAL REVIEWS AND RAISES GIVEN BY THE CHIEF EXECUTIVE OFFICER. THE CHIEF EXECUTIVE OFFICER'S REVIEW AND RAISE IS PERFORMED BY THE BOARD AND SALARY IS COMPARED TO SIMILAR ORGANIZATIONS TO SEE THAT IT IS COMPETITIVE. FORM 990, PART VI, SECTION B, LINE 11B BOYS & GIRLS CLUB OF PATERSON AND PASSAIC ASSOCIATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT/FINANCE COMMITTEE, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ENFORCE COMPLIANCE BY DISCUSSING IF THERE ARE ANY CONFLICTS. THE TREASURER ASKS CONFLICT ORIENTED QUESTIONS WHEN APPROVING BILLS FOR PAYMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: BOYS & GIRLS CLUB OF PATERSON AND PASSAIC ASSOCIATION, INC. BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR. BOYS & GIRLS CLUB OF PATERSON AND PASSAIC INC 264 21ST STREET PATERSON NJ 07501 221726665 EDUCATIONAL, ATHLETIC, AND RECREATIONAL SUPPORT FOR CHILDREN NJ 501(C)(3) LINE 10 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0