2023-10-09T09:50:30-05:00 2023-05-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-06-01 042684459 ARMENIAN RELIEF SOCIETY OF EASTERN USA INC ARME 6179263801 80 BIGELOW AVENUE WATERTOWN MA 02472 MARGARET BABIKIAN MEDINA TREASURER 6179263801 2023-10-06 1 MARGARET BABIKIAN MEDINA XXX-XX-XXXX 1 MATTHEW HUTT CPA P01070603 5083669100 2023-10-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARGARET BABIKIAN MEDINA 80 BIGELOW AVENUE WATERTOWN MA 02472 3285745 0 X WWW.ARSEASTUSA.ORG X 1980 MA SERVES THE HUMANITARIAN NEEDS OF THE ARMENIAN PEOPLE AND SEEKS TO PRESERVE THE CULTURAL IDENTITY OF THE ARMENIAN NATION. 7 7 1 1100 0 0 625491 672114 0 0 434552 340391 143301 301109 1203344 1313614 775423 779991 0 0 71266 73938 0 0 7986 207469 223607 1054158 1077536 149186 236078 6491978 6350779 28917 34628 6463061 6316151 X SERVES THE HUMANITARIAN NEEDS OF THE ARMENIAN PEOPLE AND SEEKS TO PRESERVE THE CULTURAL IDENTITY OF THE ARMENIAN NATION. 0 0 667402 564422 GENERAL ACTIVITIES PROMOTE SOCIAL, CULTURAL AND HEALTH SERVICES TO THE ARMENIAN PEOPLE. A. ASSISTANCE FUND FOR SYRIAN-ARMENIAN SCHOOLS B. LEBANON PROGRAM - HELP OUR COMPATRIOTS IN LEBANON WHO ARE FACING ECONOMIC CRISIS THROUGH HOPE PACKAGE, CARE SUPPORT AND HOT MEAL PROGRAMS. THE ARS STANDS WITH LEBANON AND THE ARMENIAN COMMUNITY. PARTNER WITH THE ARS, SAVES LIVES. THE DISASTER THAT ROCKED BEIRUT ON AUGUST 4TH HAS CAUSED WIDESPREAD DAMAGE. IT CAME AMID LEBANON'S EFFORT TO BATTLE THE COVID-19 PANDEMIC AND THE DIRE ECONOMIC SITUATION IN THE COUNTRY. ARMENIAN POPULATED AREAS ARE IN AN UNBEARABLE SITUATION. HOMES, SCHOOLS, CHURCHES, AND COMMUNITY CENTERS ARE BADLY DAMAGED. C. EMERGENCY AID- EASTERN USA COMMUNITIES DONATED GENEROUSLY TO THE GENERAL SYRIA RELIEF PROGRAM TO BE USED FOR EMERGENCY AID. 62373 62373 EDUCATIONAL ACTIVITES SUPPORT STUDENTS TO CONTINUE THEIR EDUCATION AND PROVIDE FINANCIAL AID AND SCHOLARSHIPS. 153196 153196 ARMENIA ACTIVITES PROVIDE EMERGENCY RELIEF TO ARMENIA, ARTSAKH, AND JAVAKHK INCLUDING, BUT NOT LIMITED TO DAY CARE CENTERS IN KHARABAGH AND THE NIGOL AGHPALIAN SCHOOL AS WELL AS AID TO ORPHANAGES. 882971 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 1 0 0 MA NY NJ X VARTOUHIE CHILOYAN 6179263801 80 BIGELOW AVENUE WATERTOWN MA 02472 VARTOUHIE CHILOYAN EXECUTIVE DIRECTOR 40.00 X 55937 0 0 CAROLINE CHAMAVONIAN CHAIRPERSON 10.00 X X 0 0 0 TALIN DAGHLIAN VICE CHAIRPERSON 5.00 X X 0 0 0 MARGARET BABIKIAN MEDINA TREASURER 5.00 X X 0 0 0 CAROL JAFFARIAN SECRETARY 5.00 X X 0 0 0 IRMA KASSABIAN ADVISOR 5.00 X 0 0 0 MARY ANDONIAN ADVISOR 5.00 X 0 0 0 SEDA AGHAMIANZ ADVISOR 5.00 X 0 0 0 MARAL NAKASHIAN ADVISOR (UNTIL 8/2022) 5.00 X 0 0 0 HEATHER KRAFIAN ADVISOR (UNTIL 8/2022) 5.00 X 0 0 0 55937 0 0 0 0 0 0 0 672114 672114 339812 339812 1728733 1728154 579 579 579 545086 243977 301109 301109 1313614 0 0 641500 717618 717618 62373 62373 55937 27259 25881 2797 13523 6590 6257 676 4478 2239 2015 224 27500 27500 41494 41494 2656 2656 18001 1642 16195 164 22160 11080 9972 1108 28825 22822 6003 21694 21694 882 882 CENTRAL EXECUTIVE QUOTA 25000 25000 MISCELLANEOUS 19593 19593 PROGRAM SUPPLIES 9365 6348 3017 FILING FEES 6437 6437 1077536 882971 186579 7986 438541 446220 976472 307452 1600 300 8030 8030 0 0 4482735 4729055 592630 867752 6491978 6350779 28917 34628 28917 34628 X 3147008 2956528 3316053 3359623 6463061 6316151 6491978 6350779 236078 -382988 0 X X 0 1 X 1 0 X 339332 328214 1884115 625491 672114 3849266 339332 328214 1884115 625491 672114 3849266 0 0 0 3849266 282239 297203 310186 349075 339812 1578515 282239 297203 310186 349075 339812 1578515 171945 160301 167087 143301 301109 943743 793516 785718 2361388 1117867 1313035 6371524 0.60410 0.64040 0.24770 0.23020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS - 2018 AMOUNT: $ 171,945. 2019 AMOUNT: $ 160,301. 2020 AMOUNT: $ 167,087. 2021 AMOUNT: $ 143,301. 2022 AMOUNT: $ 301,109. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1261184 33194 -21545 42627 1230206 1391080 31364 -127760 33500 1261184 927952 270000 234128 41000 1391080 999110 -25158 -46000 927952 999755 45355 46000 999110 0.87460 0.12540 0 0 2614 2614 0 5416 5416 0 0 CERTIFICATES OF DEPOSIT 867752 F 867752 X 469921 -382988 -382988 852909 41494 419211 460705 1313614 633642 0 633642 41494 402400 443894 1077536 PART V, LINE 4: THE SOCIETY HAS ADOPTED A POLICY ALLOWING FOR THE USE OF A PORTION OF TOTAL INVESTMENT RETURN ON PERMANENTLY RESTRICTED INVESTMENTS FOR EDUCATION SCHOLARSHIPS AND ADMINISTRATION FEES AS RESTRICTED BY DONORS. PART X, LINE 2: THE SOCIETY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SOCIETY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT MAY 31, 2023. THE SOCIETY'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTION PART XI, LINE 4B - OTHER ADJUSTMENTS: CHAPTER ACTIVITY 419,211. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHAPTER ACTIVITY 402,400. CHAPTER EVENTS 545086 545086 243977 545086 545086 243977 243977 301109 1 ARMENIAN RELIEF SOCIETY INC 80 BIGELOW AVE SUITE 300 WATERTOWN MA 02472 042219512 501(C)(3) 179350 0 BOOK PROGRAM SUPPORT ARMENIAN APOSTOLIC CHURCH (ANEC PROGRAM) 138 EAST 39TH ST NEW YORK NY 10016 132552354 501(C)(3) 20000 0 BOOK PROGRAM SUPPORT CAMP HAIASTAN OF THE ARMENIAN YOUTH FEDERATION 722 SUMMER STREET FRANKLIN MA 02038 042396466 501(C)(3) 100000 0 BOOK PROGRAM SUPPORT 3 SCHOLARSHIPS 47 62373 BOOK PART 1 LINE 2 ANNUALLY, ARS PROVIDES SCHOLARSHIPS TO GRADUATE & UNDERGRADUATE COLLEGE STUDENTS. THE TOTAL DOLLAR AMOUNTS OF SCHOLARSHIPS DISTRIBUTED ARE BASED ON THE INTEREST INCOME RECEIVED FROM THE GRANT FUNDS. ARS SCHOLARSHIP COMMITTEES REVIEW THE APPLICATIONS RECEIVED IN THE OFFICE AND JUDGE THEM BASED ON THE CRITERIA OF MERIT 25%, NEED 50% AND INVOLVEMENT IN THE COMMUNITY VOLUNTEER WORK 25%. THE INDIVIDUALS WITH HIGHEST SCORES RECEIVE AVAILABLE GRANTS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PROVIDES A DRAFT OF THE TAX RETURN TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE PREPARER AND CONSIDERED FOR COMPLIANCE WITH RELEVANT TAX LAWS PRIOR TO BEING APPLIED AND THE TAX RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY DURING THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED ANNUALLY AND APPROVED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 ARS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST SUBMITTED TO THE OFFICE. THE AUDITED FINANCIAL STATEMENTS OF THE SOCIETY ARE AVAILABLE TO ANYONE WHO REQUESTS A COPY. THE BOARD DISTRIBUTES COPIES OF THE ANNUAL AUDITED FINANCIAL STATEMENTS AT THE CONVENTION TO ALL THE DELEGATES AND ALSO MAILS COPIES OF THE REPORT TO THE CHAPTERS. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.