2025-02-13T07:59:10-06:00 2024-09-30 043138777 PKF JND PC 400 CROWN COLONY DRIVE SUITE 102 QUINCY MA 02169 990 2023-10-01 042104826 SOCIETY OF ST VINCENT DE PAUL SOCI 7813443100 18 CANTON STREET STOUGHTON MA 02072 ROBERT W SMITH PRESIDENT 7813443100 2025-02-13 1 0 AMANDA C WOLFE P01289269 6174220007 2025-02-13 2023 2025-03-06 01:10:19Z ROBERT W SMITH 18 CANTON STREET STOUGHTON MA 02072 8979097 0 X SVDPBOSTON.ORG X 1869 MA THE SOCIETY OF ST. VINCENT DE PAUL OFFERS TANGIBLE ASSISTANCE TO THOSE IN NEED ON A PERSON-TO-PERSON BASIS. IT IS THIS PERSONALIZED INVOLVEMENT THAT MAKES THE WORK OF THE SOCIETY UNIQUE. THIS AID MAY TAKE THE FORM OF INTERVENTION, CONSULTATION, OR OFTEN THROUGH DIRECT DOLLAR OR IN-KIND SERVICE. AN ESSENTIAL PRECEPT OF THE SOCIETY'S WORK IS TO PROVIDE HELP WHILE CONSCIENTIOUSLY MAINTAINING THE CONFIDENTIALITY AND DIGNITY OF THOSE WHO ARE SERVED. THE SOCIETY RECOGNIZES THAT IT MUST ASSUME, ALSO, A ROLE OF ADVOCACY FOR THOSE WHO ARE DEFENSELESS OR VOICELESS. SOME 12 MILLION PERSONS ARE HELPED ANNUALLY BY VINCENTIANS IN THE UNITED STATES. 16 16 96 549 0 0 854070 166977 5321558 5643366 160471 674177 0 0 6336099 6484520 1039134 1145408 0 0 2886858 3402933 0 0 0 1716960 1792664 5642952 6341005 693147 143515 17745484 20095436 4188230 4859172 13557254 15236264 X INSPIRED BY GOSPEL VALUES, THE SOCIETY OF ST. VINCENT DE PAUL, A CATHOLIC LAY ORGANIZATION, LEADS WOMEN AND MEN TO JOIN TOGETHER TO GROW SPIRITUALLY BY OFFERING PERSON-TO-PERSON SERVICE TO THOSE WHO ARE NEEDY AND SUFFERING IN THE TRADITION OF ITS FOUNDER, BLESSED FREDERIC OZANAM, AND PATRON, ST. VINCENT DE PAUL. 0 0 3900107 5548407 THE SOCIETY OPERATES SEVERAL THRIFT SHOPS IN THE GREATER BOSTON AREA WHICH PROCESS AND SELL DONATED CLOTHING AND HOUSEHOLD GOODS. IT SERVES THE POOR AND NEEDY BY MAKING CLOTHING AND HOUSEHOLD GOODS AVAILABLE AT NOMINAL PRICES IN ITS THRIFT SHOPS, BY EMPLOYING NEIGHBORHOOD PEOPLE TO OPERATE THE STORES, AND BY PROVIDING FUNDING FOR THE SOCIETY'S OTHER PROGRAMS. 363655 363655 THE SOCIETY PROVIDES RENTAL REIMBURSEMENT TO PERSONS IN NEED. (531 ASSISTED) 215087 215087 THE SOCIETY PROVIDES USED FURNITURE AND DIAPERS TO FAMILIES IN NEED. (10 CONFERENCES ASSISTED) 566666 566666 94959 OTHER CHARITABLE PROGRAMS INCLUDE: UPLIFT AND E.C. MURPHY RELIEF AWARDS FOR MEMBER DISTRICTS, PRISON PROGRAM TO FAMILIES IN NEED, HOLIDAY MEALS TO FAMILIES IN NEED, AND LAPORTE AND FLATLEY UTILITY PROGRAMS TO PROVIDE ASSISTANCE WITH GAS, ELECTRICITY, HOME HEATING OIL AND TELEPHONE BILLS. (15,620 ASSISTED)PAROCHIAL SCHOOL TRUST SCHOLARSHIP PROGRAM PROVIDES FUNDING STUDENTS FROM NEEDY FAMILIES EACH YEAR TO ATTEND PAROCHIAL GRADE SCHOOL. (67 ASSISTED) 566666 566666 94959 5045515 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 170 0 96 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 0 MA X CHRISTOPHER G TRUDEAU 7813443100 18 CANTON STREET STOUGHTON MA 02072 ROBERT W SMITH PRESIDENT/DIRECTOR 2.00 X X 0 0 0 SUSAN CRUSOE VICE PRESIDENT/DIRECTOR 2.00 X X 0 0 0 KAREN O'BRIEN SECRETARY/DIRECTOR 2.00 X X 0 0 0 THEODORE VANDER ELS TREASURER/DIRECTOR 2.00 X X 0 0 0 MICHAEL BOUDREAU DIRECTOR 2.00 X 0 0 0 VINCENT DONOVAN DIRECTOR 2.00 X 0 0 0 DAVID DRISCOLL DIRECTOR 2.00 X 0 0 0 MICHAEL G DUFFLEY DIRECTOR 2.00 X 0 0 0 MARYBETH GAMBER DIRECTOR EFFECTIVE 4/24 2.00 X 0 0 0 DENNIS IRVIN DIRECTOR 2.00 X 0 0 0 WILLIAM LAPIERRE DIRECTOR 2.00 X 0 0 0 JOHN MARZILLI DIRECTOR 2.00 X 0 0 0 RONALD H NIX DIRECTOR THROUGH 3/24 2.00 X 0 0 0 REV WILLIAM C PALLADINO DIRECTOR 2.00 X 0 0 0 DEIRDRE REILLY DIRECTOR 2.00 X 0 0 0 MARILYN SHAW DIRECTOR 2.00 X 0 0 0 LISA STEPANSKI DIRECTOR 2.00 X 0 0 0 CHRISTOPHER G TRUDEAU EXECUTIVE DIRECTOR/CEO 40.00 X 184256 0 42657 LORI A MALCOM DIRECTOR RETAIL OPERATIONS 40.00 X 127866 0 32918 312122 0 75575 2 0 1 0 0 166977 166977 SALES - DONATED GARMENTS 458000 5548407 5548407 MISCELLANEOUS 900099 79830 79830 HOLIDAY MEALS 624210 15129 15129 5643366 180916 180916 2974788 13050 2467202 27375 507586 -14325 493261 493261 6484520 5643366 0 674177 97882 97882 1047526 1047526 258042 129021 129021 2679546 2178192 501354 88516 55761 32755 114040 44126 69914 262789 210503 52286 12612 12612 60444 60444 46816 46816 40744 814 39930 4336 4336 211488 24426 187062 1773 1773 315098 298141 16957 68601 2528 66073 47177 2071 45106 1079 1079 260758 260758 225138 192519 32619 STORE EXPENSES 249600 249600 VEHICLE EXPENSE 150339 150339 RUBBISH REMOVAL 93540 93540 3121 2353 768 6341005 5045515 1295490 0 152145 140075 537333 289867 177591 192196 107379 161269 16037 27269 7729420 3368762 4274211 4360658 12114214 14620368 366224 303634 350 100 17745484 20095436 460565 435805 3361098 4119141 366567 304226 4188230 4859172 X 11453242 12614123 2104012 2622141 13557254 15236264 17745484 20095436 143515 1535495 0 X X 0 1 X 1 0 X 484839 166340 200822 614492 166977 1633470 2471513 4147612 4844292 5321558 5643366 22428341 2956352 4313952 5045114 5936050 5810343 24061811 0 293284 25819 319103 293284 25819 319103 23742708 129436 104113 164117 178973 180916 757555 129436 104113 164117 178973 180916 757555 3085788 4418065 5209231 6115023 5991259 24819366 0.95660 0.94730 0.03050 0.03050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2717954 80000 686113 97344 3386723 2288641 23344 405969 2717954 2683836 24810 -420005 2288641 2456877 226959 2683836 2391610 203267 138000 2456877 0.22580 0.20870 0.56550 0 0 940800 940800 6232942 3159511 3073431 9009 8550 459 81991 19682 62309 464678 181019 283659 4360658 CASH EQUIVALENTS 293022 F CERTIFICATES OF DEPOSIT 342944 F US TREASURY NOTES 1755148 F MORTGAGE BACKED SECURITIES 9596 F CORPORATE BONDS 1998142 F COMMON STOCKS 9866123 F MUTUAL FUNDS 355393 F 14620368 FINANCE LEASE LIABILITIES 33352 OPERATING LEASE LIABILITIES 270874 304226 X 7973199 1535495 1535495 6437704 46816 46816 6484520 6294189 0 6294189 46816 46816 6341005 PART IV, LINE 2B: GATE OF HEAVEN CONFERENCE: $3,775,197 PURSUANT TO AN AGREEMENT BETWEEN THE SOCIETY AND THE GATE OF HEAVEN CONFERENCE (THE "CONFERENCE"),THE SOCIETY HAS AGREED TO HOLD, MANAGE, INVEST AND ADMINISTER THE BEQUEST OF JOSEPH G. O'MARA IN ACCORDANCE WITH APPLICABLE FIDUCIARY STANDARDS. A SEPARATE ACCOUNT HAS BEEN ESTABLISHED IN THE NAME OF JOSEPH J. AND ETHEL M. O'MARA. ON AN ANNUAL BASIS, THE SOCIETY SHALL AUGMENT THE ACCOUNT WITH ONE-HALF OF THE NET INCOME OF THE ACCOUNT. THE SOCIETY SHALL DISBURSE THE OTHER ONE-HALF OF THE NET INCOME TO THE CONFERENCE FOR DISBURSEMENT TO ALLEVIATE POVERTY AMONG MEMBERS OF THE PARISH AS SPECIFIED IN THE WILL. THE UNPAID BALANCE AS OF SEPTEMBER 30, 2024 WAS $395,423. AT ANY TIME IN THE FUTURE, THE CONFERENCE MAY, BY A TWO-THIRDS VOTE OF ALL ITS MEMBERS, RESCIND THE AGREEMENT AND TAKE POSSESSION OF THE ACCOUNT. SOCIETY OF ST. VINCENT DE PAUL OF ST. PETER'S ROMAN CATHOLIC CHURCH: $342,944 IN FISCAL 2023, THE SOCIETY RECEIVED FUNDS IN THE AMOUNT OF $320,101 FROM THE ROBERT J. O'LEARY TRUST. THE BENEFICIARY OF THE ROBERT J. O'LEARY TRUST WAS THE SOCIETY OF ST. VINCENT DE PAUL OF ST. PETER'S ROMAN CATHOLIC CHURCH, CONCORD AVENUE, CAMBRIDGE MASSACHUSETTS. ST. PETER'S ROMAN CATHOLIC CHURCH WAS NOT IN GOOD STANDING AS OF THE DATE OF THE DISTRIBUTION AND THE FUNDS WERE SENT TO THE SOCIETY. THE SOCIETY INVESTED THE FUNDS INTO TWO CERTIFICATE OF DEPOSIT ACCOUNTS. THE SOCIETY WILL DISTRIBUTE THE FUNDS TO ST. PETER'S ROMAN CATHOLIC CHURCH UPON THEIR REQUEST. OTHER FUNDS HELD BY THE SOCIETY FOR THE BENEFIT OF OTHERS: $1,000 PART V, LINE 4: THE SOCIETY'S ENDOWMENT CONSISTS OF 23 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT ASSETS COMPRISE DONOR-RESTRICTED ENDOWMENT FUNDS, AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE SOCIETY'S INVESTMENT POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, IS BASED ON THE GOAL OF OBTAINING A RATE OF TOTAL RETURN IN EXCESS OF THE RATE OF INFLATION OVER AN ECONOMIC CYCLE. ASSETS ARE TO BE MANAGED WITH THE PRIMARY OBJECTIVE BEING GROWTH AND PRESERVATION OF CAPITAL. THE PORTFOLIO WILL BE MANAGED WITH BROAD ASSET ALLOCATION GUIDELINES SUFFICIENT TO BEST MEET THE INVESTMENT GOAL. THE ENDOWMENT ASSETS HAVE BEEN INVESTED APPROXIMATELY 50% IN EQUITIES AND 50% IN FIXED INCOME INSTRUMENTS CONSISTENT WITH THE GUIDELINES OF THE U.S. CONFERENCE OF CATHOLIC BISHOPS. EQUITY SECURITIES ARE INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF THE S&P 500 INDEX WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK AND FIXED INCOME INSTRUMENTS ARE COMPARED TO THE BARCLAY'S INTERMEDIATE GOVERNMENT CREDIT INDEX. THE SOCIETY EXPECTS ITS ENDOWMENT FUNDS TO PROVIDE AN AVERAGE RATE OF RETURN OF APPROXIMATELY 4 TO 8 PERCENT ANNUALLY OVER TIME. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. PART X, LINE 2: THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT OF THE SOCIETY HAS EVALUATED ITS UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. 1 LYNN DISTRICT MEMBER DISTRICT OF SVDP 18 CANTON STREET STOUGHTON MA 02072 042104826 501 (C) (3) 10000 0 CLIENT AID BROCKTON DISTRICT MEMBER DISTRICT OF SVDP 18 CANTON STREET STOUGHTON MA 02072 042104826 501 (C) (3) 15000 0 CLIENT AID BOSTON CENTRAL DISTRICT MEMBER DISTRICT OF SVDP 18 CANTON STREET STOUGHTON MA 02072 042104826 501 (C) (3) 10000 0 CLIENT AID HOLY CROSS DISTRICT MEMBER DISTRICT OF SVDP 18 CANTON STREET STOUGHTON MA 02072 042104826 501 (C) (3) 10000 0 CLEINT AID LOWELL DISTRICT MEMBER DISTRICT OF SVDP 18 CANTON STREET STOUGHTON MA 02072 042104826 501 (C) (3) 10000 0 CLIENT AID LAWRENCE DISTRICT MEMBER DISTRICT OF SVDP 18 CANTON STREET STOUGHTON MA 02072 042104826 501 (C) (3) 15000 0 CLIENT AID 6 0 PAROCHIAL TUITION PROGRAM 67 67000 FLATLEY UTILITY PROGRAM 91 22344 SCATTERED HOUSING (DISPLACED FAMILIES) 282 65199 RENTAL REIMBURSEMENT 531 363655 PRISON PROGRAM 95 70292 USED FURNITURE & DIAPERS 10 215087 HOLIDAY MEALS PROGRAM 14400 72291 LAPORTE UTILITY PROGRAM 524 151738 FOOD PANTRY 163 7253 GENERAL RELIEF 65 12667 PART I, LINE 2: THE COUNCIL REQUIRES A DETAILED REPORT DETAILING INDIVIDUAL CLIENT AID EXPENDED BY DISTRICTS BEFORE THE DISTRICTS RECEIVED ADDITIONAL FUNDING. X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER G TRUDEAU EXECUTIVE DIRECTOR/CEO 181015 0 3241 0 0 0 14740 0 27917 0 226913 0 0 0 LORI A MALCOM DIRECTOR RETAIL OPERATIONS 125532 0 2334 0 0 0 10229 0 22689 0 160784 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B DRAFT FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND TREASURER OF THE SOCIETY BEFORE ITS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE PRESIDENTS REVIEW, WHICH IS THEN VOTED ON BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS, FORM 990 AND MA FORM PC FILED WITH THE ATTORNEY GENERAL'S OFFICE ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. HOWEVER, THE SOCIETY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990 PART XII LINE 2C: THE PRESIDENT AND TREASURER OF THE SOCIETY ASSUME THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE TAX YEAR. 163 MEMBER CONFERENCES LOCATED THROUGHOUT MASSACHUSETTS SAME AS THE SOCIETY-18 CANTON ST STOUGHTON MA 02072 HOME VISITATION OF THE POOR, SICK AND NEEDY BY A TEAM OF VINCENTIANS MA 501(C)(3) 509(A)(2) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MEMBER DISTRICTCONFERENCES IN GREATER BOSTON AREA B 97882 FMV