2025-10-03T09:19:31-05:00 2024-12-31 043191789 MP PC ONE MONARCH PLACE SPRINGFIELD MA 01144 990 2024-01-01 046128892 NAISMITH MEMORIAL BASKETBALL HALL OF FAME NAIS 4137816500 1000 HALL OF FAME AVENUE SPRINGFIELD MA 011052532 JOHN DOLEVA PRESIDENT & CEO 4137816500 2025-09-25 1 0 PATRICK LEARY P00638212 4137391800 2024 2025-03-06 01:10:19Z JOHN DOLEVA 1000 HALL OF FAME AVENUE SPRINGFIELD MA 011052532 11864912 0 X WWW.HOOPHALL.COM X 1959 MA TO HONOR AND CELEBRATE BASKETBALL'S GREATEST MOMENTS AND PEOPLE. 21 21 81 0 0 0 3198099 3695484 8778542 6957246 104193 257552 1188751 954630 13269585 11864912 0 0 0 0 4034273 4076117 0 0 448551 10243290 9006248 14277563 13082365 -1007978 -1217453 29316500 27970815 7764477 7641053 21552023 20329762 X TO PROVIDE FOR THE GENERAL PUBLIC A MEMORIAL TO THE ORIGINATOR OF BASKETBALL, INCLUDING A HALL OF FAME FOR BASKETBALL GREATS, A MUSEUM AND A LIBRARY. 0 0 5887349 4148316 TO PROVIDE FOR THE GENERAL PUBLIC A MEMORIAL TO THE ORIGINATOR OF BASKETBALL, INCLUDING A HALL OF FAME FOR BASKETBALL GREATS, A MUSEUM AND A LIBRARY. 1101704 1472320 ENSHRINEMENT 1463151 1016888 TIP OFF CLASSIC - NCAA SANCTIONED EXEMPT TOURNAMENT INVOLVING MAJOR COLLEGIATE PROGRAMS TO SHOWCASE THE SKILLS OF PLAYERS AT THE COLLEGE LEVEL. 897068 1085631 HIGH SCHOOL AND GOLF TOURNAMENTS 897068 1085631 9349272 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 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 1 1 0 0 0 1 86 0 81 1 1 1 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA CT FL AZ CA NJ NY X X X DONALD SENECAL 4132315501 1000 HALL OF FAME AVENUE SPRINGFIELD MA 01105 ROBERT NAISMITH GOVERNOR 0.00 X 0 0 0 BOB BEAUDINE GOVERNOR 0.00 X 0 0 0 KATHY BEHRENS GOVERNOR 0.00 X 0 0 0 GREG BUTLER GOVERNOR 0.00 X 0 0 0 ALVIN CHUN GOVERNOR 0.00 X 0 0 0 FRANK COLACCINO GOVERNOR 0.00 X 0 0 0 JERRY COLANGELO GOVERNOR 0.00 X 0 0 0 TARA VANDERVEER GOVERNOR 0.00 X 0 0 0 JULIUS ERVING GOVERNOR 0.00 X 0 0 0 CATHY ENGELBERT GOVERNOR 0.00 X 0 0 0 DAN GAVITT GOVERNOR 0.00 X 0 0 0 SHEILA JOHNSON GOVERNOR 0.00 X 0 0 0 RICK KELLEHER GOVERNOR 0.00 X 0 0 0 CYNTHIA MARSHALL GOVERNOR 0.00 X 0 0 0 WILLIAM KOENIG GOVERNOR 0.00 X 0 0 0 JIM PUHALA GOVERNOR 0.00 X 0 0 0 THOMAS TULL GOVERNOR 0.00 X 0 0 0 BYRON SPRUELL GOVERNOR 0.00 X 0 0 0 MARK TATUM GOVERNOR 0.00 X 0 0 0 JIM TAUBENFELD GOVERNOR 0.00 X 0 0 0 JAMES VINICK GOVERNOR 0.00 X 0 0 0 RICK WELTS GOVERNOR 0.00 X 0 0 0 JOHN DOLEVA PRESIDENT & CEO 1.00 X 567575 0 30926 DONALD SENECAL CFO 1.00 X 348000 0 9746 SCOTT ZUFFELATO VP ADVANCEMENT 1.00 X 212770 0 25759 GREG PROCINO VP BASKETBALL OPERATIONS 1.00 X 237323 0 26137 JANET HEIM VP CONTROLLER 1.00 X 164602 0 24402 MATT ZEYSING CURATOR/VP 1.00 X 171500 0 10834 1701770 0 127804 6 0 1 0 GO LLC 2074 PARK STREET SUITE 307 HARTFORD CT 06106 GRAPHIC ARTS/WEBSITE DESIGN 229400 1 3695484 3695484 EVENTS 713990 4454036 4454036 ADMISSIONS 713990 2503210 2503210 6957246 257552 257552 560346 560346 329189 0 329189 329189 329189 MISCELLANEOUS INCOME 459420 65095 65095 65095 11864912 7351530 0 817898 X 1507620 635565 679907 192148 1930262 949958 859017 121287 231752 28407 197787 5558 167652 82162 75314 10176 238831 109862 107474 21495 128014 128014 53005 53005 2363628 2155832 155297 52499 424821 360145 52651 12025 1156702 1156702 1503500 1359095 144405 158772 158772 1906864 1811521 95343 169542 169542 MISCELLANEOUS EXPENSES 380446 233377 143881 3188 BAD DEBT EXPENSE 269595 269595 COMMUNICATIONS 244337 164647 63615 16075 EQUIPMENT RENTAL AND MA 110496 87279 23217 136526 45178 77248 14100 13082365 9349272 3284542 448551 990403 336067 790092 1434151 2130149 1988664 1974058 1034091 208938 110550 31851720 12775522 19794452 19076198 3429761 3695231 1700 0 -3053 295863 29316500 27970815 3724608 2945319 198912 400809 1959951 2195705 1881006 2099220 7764477 7641053 X 21552023 20329762 21552023 20329762 29316500 27970815 X -1217453 -4808 X 0 1 X 1 0 X 2978875 8788950 2377848 3198099 3695484 21039256 1543669 9412440 9150862 8801658 6957246 35865875 4522544 18201390 11528710 11999757 10652730 56905131 702213 146852 396956 296493 645540 2188054 0 702213 146852 396956 296493 645540 2188054 54717077 99008 1655324 241599 893715 817898 3707544 99008 1655324 241599 893715 817898 3707544 4621552 19856714 11770309 12893472 11470628 60612675 0.90270 0.91290 0.06120 0.05280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 17511421 5993003 11518418 6025938 1762831 4263107 8314361 5019688 3294673 19076198 ACCRUED LEASEHOLD IMPROVEMENT PAYABLE 1767513 INVESTMENT IN SUBSIDIARY 331707 2099220 X 11860104 -4808 -4808 11864912 0 11864912 13082365 0 13082365 0 13082365 PART III, LINE 1A: THE HALL OF FAME COLLECTS SPORTS MEMORABILIA, LIBRARY MATERIALS AND SIMILAR ASSETS OF BASKETBALL RELATED NATURE. THESE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH PURPOSES. IN ACCORDANCE WITH THE PRACTICES ALLOWED TO MUSEUMS UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA, THE HALL OF FAME HAS ELECTED NOT TO CAPITALIZE ITS COLLECTION ITEMS AND DOES NOT RECORD GIFTS OF COLLECTION ITEMS AS REVENUES IN THE FINANCIAL STATEMENTS. COLLECTIONS ACQUIRED BY PURCHASE ARE EXPENSED IN THE PERIOD ACQUIRED. CONTRIBUTED WORKS OF ART THAT DO NOT MEET THE HALL OF FAME'S DEFINITION OF COLLECTION ITEMS ARE RECORDED AS A COMPONENT OF PROPERTY, PLANT AND EQUIPMENT. PART X, LINE 2: THE NAISMITH MEMORIAL BASKETBALL HALL OF FAME, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, NET INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE HALL OF FAME'S PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. TAXES RELATED TO THESE ACTIVITIES WERE NOT SIGNIFICANT FOR THE CURRENT YEAR. THE HALL OF FAME EVALUATES ALL TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2024, THE HALL OF FAME DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE HALL OF FAME'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. TAX RETURNS FOR THE LAST THREE YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN INCOME SUBSIDIARY UNDER THE EQUITY METHOD -4,808. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON INVESTMENT IN SUBSIDIARY X X X X 0 0 0 0 0 1 0 0 0 JOHN DOLEVA PRESIDENT & CEO 567575 0 0 0 0 0 0 0 30926 0 598501 0 0 0 DONALD SENECAL CFO 348000 0 0 0 0 0 0 0 9746 0 357746 0 0 0 GREG PROCINO VP BASKETBALL OPERATIONS 237323 0 0 0 0 0 0 0 26137 0 263460 0 0 0 SCOTT ZUFFELATO VP ADVANCEMENT 212770 0 0 0 0 0 0 0 25759 0 238529 0 0 0 JANET HEIM VP CONTROLLER 164602 0 0 0 0 0 0 0 24402 0 189004 0 0 0 MATT ZEYSING CURATOR/VP 171500 0 0 0 0 0 0 0 10834 0 182334 0 0 0 PART I, LINE 6 BONUSES MAY BE CONTINGENT ON ACHIEVING NET SURPLUS TARGETS. FORM 990, PART VI, SECTION A, LINE 2 DUE TO THE FACT THAT MOST OF OUR GOVERNORS AND TRUSTEES ARE ACTIVELY INVOLVED IN THE SPORT OF BASKETBALL, THERE ARE OUTSIDE BUSINESS RELATIONSHIP WITH EACH OTHER FORM 990, PART VI, SECTION A, LINE 7A THE BOARD GOVERNANCE COMMITTEE SERVES AS THE NOMINATING COMMITTEE FOR CURRENT BOARD MEMBERS OR NEWLY-RECRUITED NOMINEES. THE TRUSTEES VOTE AND ELECT THE NOMINATED GOVERNORS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B AUDIT COMMITTEE WILL REVIEW FORM 990 AND DISCUSS QUESTIONS OR CONCERNS WITH FINANCIAL OFFICERS AND/OR TAX PREPARER PRIOR TO DISTRIBUTING A COPY TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. WHEN AN EMPLOYEE STARTS, THEY ARE GIVEN THE EMPLOYEE HANDBOOK TO READ AND MUST SIGN OFF THAT THEY HAVE RECEIVED AND REVIEWED THE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. COMPENSATION FOR OTHER OFFICERS IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. COMPARABLE INFORMATION FOR OTHER SPORTS MUSEUMS IS USED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 APPLICATION FOR RECOGNITION OF EXEMPTION IS NOT AVAILABLE. ANNUAL RETURNS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT: PROGRAM SERVICE EXPENSES 714,398. MANAGEMENT AND GENERAL EXPENSES 145,688. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 860,086. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,480. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,480. PRINTING: PROGRAM SERVICE EXPENSES 21,429. MANAGEMENT AND GENERAL EXPENSES 4,129. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,558. SOFTWARE DEVELOPMENT / WEBSITE: PROGRAM SERVICE EXPENSES 139,624. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15,000. TOTAL EXPENSES 154,624. VIDEO PRODUCTION : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 33,650. TOTAL EXPENSES 33,650. EMPLOYMENT AGENCY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,042. TOTAL EXPENSES 1,042. EXHIBIT DESIGN / DEVELOPMENT: PROGRAM SERVICE EXPENSES 67,291. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,000. TOTAL EXPENSES 69,291. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 161,494. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 807. TOTAL EXPENSES 162,301. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 25,940. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,940. SECURITY: PROGRAM SERVICE EXPENSES 2,217. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,217. EVENT PRODUCTION SERVICES: PROGRAM SERVICE EXPENSES 1,023,439. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,023,439. FORM 990, PART XI, LINE 9: EQUITY LOSS FROM SUBSIDIARY -4,808. SPRINGFIELD RIVERFRONT DEVELOPMENT CORP (SRDC) - 04-3341427 1441 MAIN STREET SPRINGFIELD MA 01103 REDEVELOPMENT OF THE SPRINGFIELD RIVERFRONT PROJECT MA NAISMITH MEMORIAL BASKETBALL HALL OF FAME C 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 SPRINGFIELD RIVERFRONT DEVELOPMENT CORPORATION K 12012 AMOUNTS PAID AND/OR ACCRUED SPRINGFIELD RIVERFRONT DEVELOPMENT CORPORATION P 431023 AMOUNTS PAID AND/OR ACCRUED SPRINGFIELD RIVERFRONT DEVELOPMENT CORPORATION D 86914 AMOUNTS PAID AND/OR ACCRUED