2024-10-07T07:49:32-05:00 2023-12-31 232415973 HERBEIN COMPANY INC 2763 CENTURY BOULEVARD READING PA 19610 990 2023-01-01 236246735 HAWK MOUNTAIN COUNCIL BOY SCOUTS OF AMERICA REVOCABLE TRUST HAWK 6109263406 5027 POTTSVILLE PIKE READING PA 19605 A DAVIS FOX SCOUT EXECUTIVE 6109263406 2024-10-04 1 0 LINDA S HIMEBACK CPA P00042618 6103781175 2024-10-04 2023 2024-10-15 13:58:12Z A DAVIS FOX 5027 POTTSVILLE PIKE READING PA 19605 1072335 0 1761 X HMC-BSA.ORG X 2013 PA TRUST FUND FOR THE SOLE BENEFIT OF SCOUTING FOR THE HAWK MOUTAIN COUNCIL 0 0 0 0 0 0 11644 17329 0 0 164436 131709 0 0 176080 149038 855470 253012 0 0 0 0 0 0 0 33041 25972 888511 278984 -712431 -129946 4208984 4331242 67320 70066 4141664 4261176 THE CHARITABLE TRUST IS ESTABLISHED FOR THE SOLE BENEFIT OF SCOUTING IN THE TERRITORY COVERED BY THE HAWK MOUNTAIN COUNCIL, BOY SCOUTS OF AMERICA 0 0 253012 253012 DISTRIBUTION TO THE HAWK MOUNTAIN COUNCIL TO SUPPORT THEIR SCOUTING PROGRAMS 253012 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 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 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X THE ORGANIZATION 6109263406 5027 POTTSVILLE PIKE READING PA 19605 JAMES T MILHAM JR INDIVIDUAL TRUSTEE (THRU 5/23) 1.00 40.00 X 0 94000 6523 DUANE CROUSE INDIVIDUAL TRUSTEE (5/23 - 8/23) 1.00 40.00 X 0 107171 4892 A DAVIS FOX INDIVIDUAL TRUSTEE (EFF 8/23) 1.00 40.00 X 0 56293 2393 0 257464 13808 0 0 0 0 0 17329 17329 93863 93863 961143 923297 37846 37846 37846 149038 93863 0 37846 253012 253012 24624 24624 1348 1348 278984 253012 25972 0 634935 620482 3574049 3710760 4208984 4331242 67320 70066 67320 70066 X 0 0 0 0 4141664 4261176 4141664 4261176 4208984 4331242 -129946 249458 0 X 0 1 X 1 0 X X 1 HAWK MOUNTAIN COUNCIL INC BOY SCOUTS OF AMERICA 231352047 10 0 253012 0 1 253012 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 4634455 17329 374618 251028 1984 4773390 6482593 11644 -1014457 245325 600000 4634455 5981148 11171 837030 295498 51258 6482593 5786101 122743 652534 292225 288005 5981148 5124020 15002 856929 209850 5786101 0.45580 0.54420 0 1 1 0 CUSTODIAL FUNDS 70066 70066 X PART IV, LINE 2B: THE CUSTODIAL ACCOUNT LIABILITY REPRESENTS FUNDS HELD THAT ARE HELD FOR AN AFFILIATED SCOUTING ORGANIZATION TROOP AND PACK PART V, LINE 4: THE ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES AND INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE COUNCIL'S BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. ENDOWMENT FUND INCOME IS EXPENDABLE TO SUPPORT ANY PROGRAMS OF THE ORGANIZATION UNLESS SPECIFICALLY RESTRICTED BY DONORS. PART X, LINE 2: THE COUNCIL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE TRUST FUND IS A 509(A)(3) TYPE I SUPPORTING ORGANIZATION. THE COUNCIL IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE COUNCIL EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. NO UNCERTAIN TAX POSITIONS WERE IDENTIFIED BY THE COUNCIL AS OF DECEMBER 31, 2023 AND 2022. THE COUNCIL'S POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST AS INTEREST EXPENSE IN ITS CONSOLIDATED FINANCIAL STATEMENTS. DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021, RESPECTIVELY, THE COUNCIL INCURRED NO PENALTIES AND INTEREST. THE COUNCIL'S AND TRUST FUND'S FEDERAL RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) FOR 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THE THREE YEARS AFTER THEY WERE FILED. AS OF THE DATE OF THIS REPORT, THE COUNCIL'S AND TRUST FUND'S 2023 RETURN HAD NOT YET BEEN FILED. 1 HAWK MOUNTAIN COUNCIL INC BOY SCOUTS OF AMERICA 5027 POTTSVILLE PIKE READING PA 19605 231352047 501(C)3 253012 0 TO SUPPORT THE HAWK MOUNTAIN COUNCIL 1 PART I, LINE 2: THIS ORGANIZATION SERVES AS THE TRUST FOR THE ENDOWMENT OF THE HAWK MOUNTAIN COUNCIL. FUNDS ARE AWARDED TO THE COUNCIL BASED ON COUNCIL'S ENDOWMENT SPENDING POLICY OR WHEN FUNDS ARE REQUESTED FOR SPENDING BASED ON THE INTENDED PURPOSE OF DONOR RESTRICTED FUNDS. THE COUNCIL'S BOARD AND MANAGEMENT PROVIDE OVERSIGHT OF THE USE OF THE AWARDS. FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 IS REVIEWED AND APPROVED BY LOCAL COUNCIL FINANCE COMMITTEE ACTING ON BEHALF OF THE EXECUTIVE BOARD. THE 990 IS THEN E-MAILED AND AVAILABLE FOR THE ENTIRE BOARD TO VIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION C, LINE 18 THE FORM IS MADE AVAILABLE IF WE RECEIVE ANY REQUESTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE COUNCIL'S HEADQUARTERS. HAWK MOUNTAIN COUNCIL INC BOY SCOUTS OF AMERICA 5027 POTTSVILLE PIKE READING PA 19605 231352047 DEVELOPMENT OF YOUTH PA 501(C)(3) LINE 10 N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HAWK MOUNTAIN COUNCIL INC BOY SCOUTS OF AMERICA B 253012 CASH HAWK MOUNTAIN COUNCIL INC BOY SCOUTS OF AMERICA D 620482 CASH 990, SCH R, PART V, LINE 2(A) SUPPORT FROM THE TRUST INCLUDED $253,012 IN DISTRIBUTIONS TO SUPPORT THE LEADERSHIP AND CHARACTER DEVELOPMENT PROGRAMS OF THE HAWK MOUNTAIN COUNCIL INCLUDING SCHOLARSHIPS AND SUPPORT FOR AT-RISK YOUTH. IN 2022, A $636,123 LOAN WAS ISSUED BY THE TRUST TO THE HAWK MOUNTAIN COUNCIL (COUNCIL) TO ASSIST WITH THE COUNCIL'S CONTRIBUTION TO THE SETTLEMENT FUND. THE PROMISSORY NOTE IS PAYABLE OVER 30 YEARS AT AN INTEREST RATE OF 2.50% WITH MONTHLY PAYMENTS OF $2,513. THE PROMISSORY NOTE MATURES ON NOVEMBER 1, 2052. THE TRUST RECEIVED $14,453 IN PAYMENTS ON THE LOAN IN 2023. THE BALANCE DUE ON THE INTERFUND LOAN AT DECEMBER 31, 2022 IS $620,482.