2025-02-24T15:17:08-06:00 2024-06-30 042689883 WOLF & COMPANY PC 255 STATE STREET BOSTON MA 02109 990 2023-07-01 042740257 MASSACHUSETTS NURSES FOUNDATION INC MASS 7812814625 340 TURNPIKE STREET CANTON MA 02021 BETH AMSLER PRESIDENT 7812814625 2025-02-24 1 1 KAREN S NG P01067482 6174399700 2025-02-24 2023 2025-03-06 01:10:19Z BETH AMSLER 340 TURNPIKE STREET CANTON MA 02021 58116 0 X N/A X 1981 MA SEE PART III, LINE 1 8 8 0 8 0 0 8618 11712 0 0 6248 3242 19387 18972 34253 33926 54500 56500 0 0 0 0 0 0 0 21019 21324 75519 77824 -41266 -43898 433636 403863 0 0 433636 403863 X THE MASSACHUSETTS NURSES FOUNDATION, INC. (THE "FOUNDATION") IS A NON-PROFIT CORPORATION ESTABLISHED TO 1) PROVIDE SCHOLARSHIPS, GRANTS AND LOANS TO NURSES AND STUDENTS OF NURSING, 2) MAINTAIN A FUND TO ASSIST MEMBERS THROUGH EDUCATION, TRAINING, AND PRACTICE DEVELOPMENT, 3) SUPPORT RESEARCH WHICH IS SIGNIFICANT TO THE PROFESSION OF NURSING AND OF PUBLIC INTEREST, 4) SUPPORT THE PUBLICATION OF REPORTS, TREATISES AND OTHER LITERARY WORKS ON NURSING SUBJECTS, 5) ESTABLISH A CENTER FOR NURSING WHERE THE GOALS OF THE FOUNDATION CAN BE ACHIEVED AND 6) ADMINISTER SCHOLARSHIP FUNDS FOR ALUMNI ASSOCIATIONS AND SCHOOLS OF NURSING. 0 0 56500 56500 SCHOLARSHIPS AND GRANTS WERE PROVIDED TO SEVERAL INDIVIDUALS 56500 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 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 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 1 0 0 0 1 1 1 1 1 0 0 1 0 0 1 0 0 0 MA X PHYLLIS SHELDON 7818305761 340 TURNPIKE STREET CANTON MA 02021 X TINA RUSSELL TREASURER 1.00 X X 0 0 0 BETH AMSLER PRESIDENT 1.00 X X 0 0 0 KATHY BELBIN SECRETARY 1.00 X 0 0 0 DONNA DUDIK DIRECTOR 1.00 X 0 0 0 KAREN DUFFY DIRECTOR 1.00 X 0 0 0 JOE-ANN FERGUS DIRECTOR 1.00 X 0 0 0 BETTY SPARKS DIRECTOR 1.00 X 0 0 0 SHIRLEY THOMPSON DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 11712 11712 3242 3242 43162 24190 18972 18972 33926 0 0 22214 56500 56500 12100 12100 313 313 865 865 ADMINISTRATIVE SERVICES 7034 7034 FEES 671 671 MISC. EXPENSES 341 341 77824 56500 21324 0 294822 252045 138814 151818 433636 403863 0 0 X 301806 322920 131830 80943 433636 403863 433636 403863 -43898 10068 4057 0 X X 0 1 X 1 0 X 53717 70225 51606 8618 11712 195878 28034 8700 46525 42160 43162 168581 81751 78925 98131 50778 54874 364459 0 0 0 364459 8802 2444 25934 6248 3242 46670 8802 2444 25934 6248 3242 46670 90553 81369 124065 57026 58116 411129 0.88650 0.90630 0.11350 0.09370 X 0 X 72241 10068 4057 14125 58116 -24190 -24190 33926 102014 24190 24190 77824 0 77824 PART X, LINE 2: THE FOUNDATION IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, EXEMPT FROM FEDERAL AND STATE INCOME TAX. THE FOUNDATION EVALUATES TAX POSITIONS TAKEN, INCLUDING THE POSITION THAT THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION, AND EVALUATES WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. SINCE THE FOUNDATION UTILIZES THE MODIFIED CASH BASIS OF ACCOUNTING THE RESULTING IMPACT OF THESE TAX POSITIONS ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN ACTUALLY PAID, BASED ON THE RESULT OF THIS EVALUATION. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2020. THE FOUNDATION'S POLICY IS TO RECOGNIZE ANY INTEREST AND PENALTIES RELATED TO TAX MATTERS AS AN EXPENSE WHEN PAID. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS FUNDRAISING EXPENSES TO REVENUE -24,190. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS FUNDRAISING EXPENSES TO REVENUE 24,190. GOLF TOURNMENT 37330 37330 23590 RAFFLE 3770 3770 600 2 2062 2062 43162 43162 24190 24190 18972 1 SCHOLARSHIPS 33 56500 PART I, LINE 2: EACH COMMITTEE MEMBER IS MAILED A COMPLETE PACKET OF APPLICATIONS WITH SCORE SHEETS ATTACHED. ONCE THEY HAVE COMPLETED THESE SCORE SHEETS, THEY SEND THEM BACK TO CINDY MESSIA AND SHE ADDS THEIR NUMBERS TOGETHER AND AVERAGES THEM OUT. THE FINAL LIST IS COMPILED HIGHEST TO LOWEST SCORES. THE COMMITTEE THEN HAS THE FINAL SELECTION MEETING WHERE THAT LIST IS PROVIDED TO THEM. THEIR SELECTION BEGINS FIRST BY AWARDING HIGHEST SCORING APPLICANTS DOWN TO THE LOWEST. FORM 990, PART VI, SECTION A, LINE 2 SEVERAL BOARD MEMBERS ARE ALSO THE BOARD MEMBERS FOR MASSACHUSETTS NURSES ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION IS RELATED TO THE MASSACHUSETTS NURSES ASSOCIATION SINCE THE MEMBERS OF THE ASSOCIATION'S BOARD OF DIRECTORS ARE ALSO MEMBERS OF THE FOUNDATION. THE MEMBERS OF THE FOUNDATION IN TURN APPOINT THE BOARD OF TRUSTEES WHICH IS RESPONSIBLE FOR MANAGING THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION IS RELATED TO THE MASSACHUSETTS NURSES ASSOCIATION SINCE THE MEMBERS OF THE ASSOCIATION'S BOARD OF DIRECTORS ARE ALSO MEMBERS OF THE FOUNDATION. THE MEMBERS OF THE FOUNDATION IN TURN APPOINT THE BOARD OF TRUSTEES WHICH IS RESPONSIBLE FOR MANAGING THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B THE FOUNDATION IS RELATED TO THE MASSACHUSETTS NURSES ASSOCIATION SINCE THE MEMBERS OF THE ASSOCIATION'S BOARD OF DIRECTORS ARE ALSO MEMBERS OF THE FOUNDATION. THE MEMBERS OF THE FOUNDATION IN TURN APPOINT THE BOARD OF TRUSTEES WHICH IS RESPONSIBLE FOR MANAGING THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED THE RESPONSIBILITY FOR REVIEWING, APPROVING AND SIGNING THE FORM 990 TO THE PRESIDENT. THE FORM 990 IS MADE AVAILABLE TO ANY DIRECTOR UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12 THE MASSACHUSETTS NURSES FOUNDATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY. HOWEVER AS THE TRUSTEES ARE ALSO ON THE BOARD OF MASSACHUSETTS NURSES ASSOCIATION, A RELATED ORGANIZATION. THE FOUNDATION FOLLOWS THE SAME POLICIES AS MASSACHUSETTS NURSES ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION DOES NOT HAVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONAL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC. FORM 990, PART XII, LINE 1: THE TAXPAYER IS ON THE MODIFIED CASH BASIS OF ACCOUNTING. THE TAXPAYER HAS NOT CHANGED ITS METHOD OF ACCOUNTING SINCE THE PRIOR YEAR. FORM 990, PART XII, LINE 2C: MASSACHUSETTS NURSES FOUNDATION DID NOT CHANGE ITS FINANICAL STATEMENTS AUDIT PROCESS FROM PRIOR YEAR. MASSACHUSETTS NURSES ASSOCIATION 340 TURNPIKE STREET CANTON MA 02021 041591164 LABOR UNION MA 501(C)(6) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 MASSACHUSETTS NURSES ASSOCIATION P 3310 CASH MASSACHUSETTS NURSES ASSOCIATION O 4057 FMV MASSACHUSETTS NURSES ASSOCIATION C 2000 CASH