2023-11-14T09:02:48-06:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 834123496 ARMENIAN CULTURAL ASSOCIATION OF NEW YORK INC ARME 3473660096 38-19 222ND STREET BAYSIDE NY 113612409 VALOT ATAKHANIAN CHAIR 3473660096 2023-11-10 1 VALOT ATAKHANIAN XXX-XX-XXXX 1 KERRI N BOGDA CPA P00760402 7177404863 2023-11-10 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VALOT ATAKHANIAN 38-19 222ND STREET BAYSIDE NY 113612409 3206334 0 X N/A X 2019 NY OPERATED EXCLUSIVELY FOR THE PRESERVATION OF THE ARMENIAN CULTURAL AND HISTORICAL HERITAGE. 5 5 0 5 0 0 2025 7500 0 0 383232 341569 0 5830 385257 354899 32510 73000 0 0 0 0 0 0 0 10776 16528 43286 89528 341971 265371 9987121 8377222 0 0 9987121 8377222 X ARMENIAN CULTURAL ASSOCIATION OF NEW YORK, INC. HAS BEEN CREATED AND WILL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES DIRECTED TO THE PRESERVATION AND CONTINUATION OF THE ARMENIAN CULTURAL AND HISTORICAL HERITAGE. IN CARRYING OUT ITS CHARITABLE PURPOSES, THE ORGANIZATION SHALL INFORM AND EDUCATE THE GENERAL PUBLIC IN THE HISTORY AND CULTURE OF THE ARMENIAN PEOPLE; PROVIDE FACILITIES FOR LECTURES, EXHIBITIONS AND SEMINARS RELATING TO THE ARMENIAN HERITAGE; ENCOURAGE AND AID IN THE STUDY OF SAID HERITAGE; ASSIST, SUPPORT, AND INSPIRIT NEEDY PEOPLE WHO HAVE DEVOTED THEIR LIVES TO THE PRESERVATION AND CONTINUATION OF THE ARMENIAN CULTURAL AND HISTORICAL HERITAGE; AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 0 0 73000 73000 0 ARMENIAN CULTURAL ASSOCIATION OF AMERICA, INC. ("ACCA"), IS A NOT-FOR-PROFIT CORPORATION FORMED UNDER THE LAWS OF THE STATE OF MASSACHUSETTS AND ORGANIZED FOR THE CHARITABLE PURPOSES OF PRESERVING AND CONTINUING ARMENIAN CULTURE AND HISTORICAL HERITAGE WITH A NATIONAL FOCUS. ACAA IS EXEMPT FROM FEDERAL TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"). ACAA CAUSED THE FORMATION OF ARMENIAN CULTURAL ASSOCIATION OF NEW YORK, INC. ("ACANY"), A NEW YORK NOT-FOR-PROFIT CORPORATION, IN MARCH 2019, WITH A SIMILAR CHARITABLE PURPOSE AS ACAA BUT WITH A FOCUS IN NEW YORK. ACANY IS ALSO EXEMPT FROM FEDERAL TAX UNDER SECTION 501(C)(3) OF THE CODE. CONTEMPORANEOUS WITH SUCH FORMATION, ACAA PLEDGED TO FUND ACANY WITH THE PROCEEDS REALIZED FROM THE SALE OF PROPERTY LOCATED AT 69-23 47TH AVENUE, WOODSIDE, NEW YORK 11377 (THE "PROPERTY"). THE PROPERTY WAS SOLD ON MARCH 29, 2019, WHEREBY, ACAA RECEIVED, AFTER THE PAYMENT OF ALL COSTS, NET SALE PROCEEDS IN THE AMOUNT OF $7,744,409.61. ACAA THEN, CONSISTENT WITH ITS PLEDGE, TRANSFERRED THAT $7,744,409.61 FROM THE SALE OF THE PROPERTY TO ACANY. 73000 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 1 0 0 0 0 0 0 0 0 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 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X VALOT ATAKHANIAN 3473660096 38-19 222ND STREET BAYSIDE NY 113612409 X VALOT ATAKHANIAN CHAIR 1.00 0.00 X X 0 0 0 JOHN MKRTSCHJAN VICE CHAIR 1.00 0.00 X X 0 0 0 RAZMIG HAROUN TREASURER 1.00 0.00 X X 0 0 0 ARMEN CAPRIELIAN SECRETARY 1.00 0.00 X X 0 0 0 ROBERT SETRAKIAN DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 7500 7500 66485 66485 3126519 2851435 275084 275084 275084 REFUNDS & REIMBURSEMENTS 900099 5830 5830 5830 354899 0 0 347399 73000 73000 1750 1750 3500 3500 85 85 3733 3733 7290 7290 MISCELLANEOUS EXPENSES 170 170 89528 73000 16528 0 3619879 3686364 6367242 4690858 9987121 8377222 0 0 X 0 0 0 0 9987121 8377222 9987121 8377222 9987121 8377222 265371 -1514815 -360455 0 X 0 0 0 X 2025 7500 9525 2025 7500 9525 9525 74658 66485 141143 5830 5830 156498 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS REIMBURSEMENTS - 2022 AMOUNT: $ 5,830. 1 ARMENIAN CULTURAL ASSOCIATION OF AMERICA 80 BIGELOW AVE WATERTOWN MA 02472 042552239 501C3 63500 0 ONGOING PROGRAMS AND ARTKASH FUND 2 0 PART I, LINE 2: THERE IS NO FORMAL SELECTION PROCESS OR GRANT APPLICATIONS. THE APPLICANT IS REQUIRED TO SHOW THAT DISTRIBUTIONS MADE WILL PROMOTE ACTIVITIES THAT ENCOURAGE AND AID IN THE STUDY OF THE HISTORY AND CULTURE OF ARMENIAN PEOPLE AND AID IN THE STUDY OF ARMENIAN HERITAGE. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY AND OFFICERS RECEIVES A DRAFT OF THE 990 FOR REVIEW AND THEY HAVE THE OPPORTUNITY TO ASK QUESTIONS. THE FORM IS THEN APPROVED BY THE GOVERNING BODY AND OFFICERS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECT AND KEY PERSON MUST DISCLOSE THE EXISTENCE OF ANY POTENTIAL CONFLICT OF INTEREST TO THE AUDIT COMMITTEE OR TO THE BOARD OF DIRECTORS. WHEN MAKING SUCH DISCLOSURE, THE OFFICER, DIRECTOR OR KEY PERSON SHALL DISCLOSE ALL MATERIAL FACTS RELATING TO THE POTENTIAL CONFLICT OF INTEREST. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND THE DISCLOSURE OF ALL RELATED MATERIAL FACTS THE AUDIT COMMITTEE OR BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST ACTUALLY EXISTS. PRIOR TO THEIR ELECTION OR EMPLOYMENT AND ANNUALLY THEREAFTER, EACH DIRECTOR, PRINCIPAL OFFICER, KEY PERSON AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL COMPLETE, SIGN AND SUBMIT TO THE SECRETARY OF THE CORPORATION A WRITTEN STATEMENT THAT IDENTIFIES ANY CONFLICTS OF INTEREST, ACKNOWLEDGES RECEIPT OF THE CONFLICT OF INTEREST POLICY, ACKNOWLEDGES THAT HE OR SHE HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY, AND ACKNOWLEDGES THAT HE OR SHE AGREES TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. COPIES OF THE WRITTEN STATEMENTS SHALL BE PROVIDED TO THE AUDIT COMMITTEE CHAIR OR PRESIDENT OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE YEAR.