Civic Intelligence

Osia Charitable & Educational Trust

990 • Fiscal year 2018 • EIN 04-6190445

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 04, 2019

93 Concord AvenueBelmont, MA 02478

(617) 489-5234

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.05x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

34th percentile

-1.9%

Higher net margin than 34% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

24th percentile

-6.3%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-3.5%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$626,984

Down $42,499 (-6.3%) from 2017

Net Assets

Down

$622,141

Down $47,342 (-7.1%) from 2017

Liabilities

Up

$4,843

Up $4,843 from 2017

Revenue

Down

$94,058

Down $3,366 (-3.5%) from 2017

Expenses

Up

$95,874

Up $10,941 (+13%) from 2017

Net Income

Down

-$1,816

Down $14,307 (-115%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $669,253Liabilities 2010: $0Net Assets 2010: $669,2532010Assets 2011: $620,048Liabilities 2011: $0Net Assets 2011: $620,0482011Assets 2012: $640,666Liabilities 2012: $0Net Assets 2012: $640,6662012Assets 2013: $649,594Liabilities 2013: $0Net Assets 2013: $649,5942013Assets 2014: $667,832Liabilities 2014: $7,210Net Assets 2014: $660,6222014Assets 2015: $623,351Liabilities 2015: $0Net Assets 2015: $623,3512015Assets 2016: $641,436Liabilities 2016: $0Net Assets 2016: $641,4362016Assets 2017: $669,483Liabilities 2017: $0Net Assets 2017: $669,4832017Assets 2018: $626,984Liabilities 2018: $4,843Net Assets 2018: $622,1412018Assets 2019: $640,120Liabilities 2019: $4,878Net Assets 2019: $635,2422019Assets 2020: $649,991Liabilities 2020: $3,335Net Assets 2020: $646,6562020Assets 2021: $707,656Liabilities 2021: $2,755Net Assets 2021: $704,9012021Assets 2022: $609,978Liabilities 2022: $2,695Net Assets 2022: $607,2832022Assets 2023: $585,385Liabilities 2023: $5,670Net Assets 2023: $579,7152023Assets 2024: $567,115Liabilities 2024: $5,601Net Assets 2024: $561,5142024

Highlighted filing

2018

Assets$626,984
Liabilities$4,843
Net Assets$622,141

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50K-$100KExpenses 2010: $73,6782010Expenses 2011: $94,7512011Expenses 2012: $68,5932012Revenue 2013: $72,733Expenses 2013: $96,367Net Income 2013: -$23,6342013Revenue 2014: $95,808Expenses 2014: $65,927Net Income 2014: $29,8812014Revenue 2015: $61,161Expenses 2015: $73,894Net Income 2015: -$12,7332015Revenue 2016: $83,016Expenses 2016: $79,835Net Income 2016: $3,1812016Revenue 2017: $97,424Expenses 2017: $84,933Net Income 2017: $12,4912017Revenue 2018: $94,058Expenses 2018: $95,874Net Income 2018: -$1,8162018Revenue 2019: $88,687Expenses 2019: $114,857Net Income 2019: -$26,1702019Revenue 2020: $51,666Expenses 2020: $68,588Net Income 2020: -$16,9222020Revenue 2021: $119,878Expenses 2021: $104,803Net Income 2021: $15,0752021Revenue 2022: $7,008Expenses 2022: $75,514Net Income 2022: -$68,5062022Revenue 2023: $61,709Expenses 2023: $106,600Net Income 2023: -$44,8912023Revenue 2024: $67,225Expenses 2024: $82,496Net Income 2024: -$15,2712024

Highlighted filing

2018

Revenue$94,058
Expenses$95,874
Net Income-$1,816
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 4, 2019
Return Version
2018v3.1
Gross Receipts
$94,058
Mission and Program Overview

Mission

The organizations principal activity is to provide assistance to members in need, to support various charitable organizations and to provide academic scholarships enabling individuals to attend institutions for higher learning.

The Organization's principal activity is to provide assistance to members in need, to support various charitable organizations and to provide academic scholarships enabling individuals to attend institutions for higher learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$380,980$351,352▼ $29,628
Other Notes and Loans Receivable, Net$233,407$226,613▼ $6,794
Savings and Temporary Cash Investments$33,700$33,810▲ $110
Cash and Non-Interest-Bearing Accounts$20,603$14,614▼ $5,989
Land, Buildings, and Equipment, Net$793$595▼ $198
Total Assets$669,483$626,984▼ $42,499
Liabilities
Accounts Payable and Accrued Expenses-$4,843-
Total Liabilities$0$4,843▲ $4,843
Net Assets / Fund Balance
Unrestricted Net Assets$669,483$622,141▼ $47,342
Total Net Assets Fund Balance$669,483$622,141▼ $47,342
Total Liabilities and Net Assets / Fund Balance$669,483$626,984▼ $42,499

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$595$14,850$15,445

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$54,302$64,995-$54,464$64,833
2017$59,616$60,450-$65,764$54,302
2016$57,912$63,147▲ $8$61,451$59,616
2015$81,932$24,647-$48,667$57,912
2014$76,330$34,874▲ $3$29,275$81,932
Compensation and Service Providers

Board Members and Trustees

NameTitle
Angelo RossiChairman
Antonio SestitoState President
Carmelita BelloCommissioner
David GossCommissioner
Denise FurnariCommissioner
Florence Ferullo KaneCommissioner
Revenue and Support

Revenue Composition

Contributions and Grants
$65,439
Program Service Revenue
$0
Investment Income
$28,619
Other Revenue
$0
All Other Contributions
$65,439
Change in Net Assets
$-1,816

Audited Revenue Reconciliation

Revenue per Audited Statements
$94,058
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-45,525
Total Revenue per Audited Statements
$48,533
Total Revenue per Form 990
$94,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$56,495
Other Expenses$39,379
Total Fundraising Expense$75
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$56,495--$56,495
Payments to Affiliates-$34,131-$34,131
Fees for Services Accounting-$4,975-$4,975
Depreciation Depletion-$198-$198
Other Expenses--$35$35
Total Functional Expenses$56,495$39,304$75$95,874

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$95,874
Total Expenses per Audited Statements$95,874
Total Expenses per Form 990$95,874
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common Management-No$12,000
-Common Management-No$11,519
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The governing board reviews Form 990 for any errors or omissions and reports any errors, omissions or concerns at the appropriate meetings with the governing board of the Trust. The Secretary will, in writing, report any inputs from the Trustees back to the Executive Director who will in turn forward these inputs to the independent auditors.

Form 990, Part VI, Section B, line 12C

Board members are required to sign an acknowledgement form once elected to confirm that no conflicts of interest exist. Board members shall refrain from obtaining any list of clients for personal or private solicitation purposes at any time during their affiliation.

Form 990, Part VI, Section B, line 15

The State Council of the Grand Lodge of Massachusetts sets and annually reviews the salary for the Executive Director and the salary or hourly wages for all employees.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, policy statements, and financial statements available to the public upon request through the Grand Lodge of Massachusetts website.

Filing and Contact Details

Filer

Filer Name
OSIA Charitable & Educational Trust
EIN
04-6190445
Phone
6174895234
Address
93 Concord Avenue, Belmont, MA 02478

Signing Officer

Name
Antonio Sestito
Title
State President
Phone
6174895234
Signed
2019-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Antonio Sestito
Formed
1973
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
25

Preparer

Firm
Crr Llp
Address
545 Salem Street, Wakefield, MA 01880
Preparer
Nino Visconti
Phone
7812797788
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Financial Accounting Standards Board (FASB) issued ASC 740, "Income Taxes" (ASC 740). ASC 740 clarifies the accounting for income taxes by prescribing a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined in ASC 740 as a tax position that is more likely than not to be sustained upon examination by the applicable tax authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. As of December 31, 2018, the Trust had no material unrecognized tax benefits and no adjustments to liabilities or operations were required under ASC 740. The Trust's practice was and continues to be to recognize interest and penalty expenses related to uncertain tax positions in income tax expense, which were zero for the year ended December 31, 2018. Generally, the Trust's three preceding tax years are subject to examination by federal and state tax authorities. There are no income tax examinations currently in process.

Part V, Line 4 - Intended Uses for Endowment Funds

Temporarily restricted net assets are to be used to provide assistance to members in need, support various charitable organizations and provide academic scholarships to qualified individauls attending post secondary education.

Raw XML AppendixShowing 400 of 455 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04843
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Organization's principal activity is to provide assistance to members in need, to support various charitable organizations and to provide academic scholarships enabling individuals to attend institutions for higher learning.
IRS990/AllOtherContributionsAmt065439
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Paul Guida
IRS990/BooksInCareOfDetail/PhoneNum06174895234
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt093 Concord Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Belmont
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002478
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt020603
IRS990/CashNonInterestBearingGrp/EOYAmt014614
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt065439
IRS990/CYGrantsAndSimilarPaidAmt056495
IRS990/CYInvestmentIncomeAmt028619
IRS990/CYOtherExpensesAmt039379
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1816
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt095874
IRS990/CYTotalFundraisingExpenseAmt075
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt094058
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0198
IRS990/DepreciationDepletionGrp/TotalAmt0198
IRS990/Desc0The Organizaiton provides support to various health and welfare community groups and religious organizations.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02400
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04975
IRS990/FeesForServicesAccountingGrp/TotalAmt04975
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Angelo Rossi
IRS990/Form990PartVIISectionAGrp/PersonNm1Carmelita Bello
IRS990/Form990PartVIISectionAGrp/PersonNm2Antonio Sestito
IRS990/Form990PartVIISectionAGrp/PersonNm3David Goss
IRS990/Form990PartVIISectionAGrp/PersonNm4Florence Ferullo Kane
IRS990/Form990PartVIISectionAGrp/PersonNm5Denise Furnari
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt2State President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt4Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt5Commissioner
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt09225
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt02400
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt056495
IRS990/GrantsToDomesticOrgsGrp/TotalAmt056495
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt09225
IRS990/GrossReceiptsAmt094058
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt019394
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019394
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0380980
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0351352
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014850
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0793
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0595
IRS990/LandBldgEquipCostOrOtherBssAmt015445
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Organization's principal activity is to provide assistance to members in need, to support various charitable organizations and to provide academic scholarships enabling individuals to attend insitutions for higher learning.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0669483
IRS990/NetAssetsOrFundBalancesEOYAmt0622141
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09225
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09225
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-45525
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bank service charges
IRS990/OtherExpensesGrp/Desc1Licenses and permits
IRS990/OtherExpensesGrp/FundraisingAmt040
IRS990/OtherExpensesGrp/FundraisingAmt135
IRS990/OtherExpensesGrp/TotalAmt040
IRS990/OtherExpensesGrp/TotalAmt135
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0233407
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0226613
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt034131
IRS990/PaymentsToAffiliatesGrp/TotalAmt034131
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Antonio Sestito
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Organization provides scholarships to individuals for tuition to secondary education.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt054095
IRS990/ProgSrvcAccomActy2Grp/GrantAmt054095
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt060850
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt070444
IRS990/PYInvestmentIncomeAmt036574
IRS990/PYOtherExpensesAmt014489
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt012491
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt084933
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt097424
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1816
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt033700
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt065439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt063622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025697
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0252842
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018002
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024246
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099558
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt016410
IRS990ScheduleA/OtherIncome170Grp/TotalAmt016410
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68560
IRS990ScheduleA/PublicSupportPY170Pct00.65490
IRS990ScheduleA/PublicSupportTotal170Amt0252842
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt065439
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt063622
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025697
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037234
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0252842
IRS990ScheduleA/TotalSupportAmt0368810
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt054302
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt064995
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt064833
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt054464
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt059616
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt060450
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt054302
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt065764
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt057912
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt063147
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt059616
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt061451
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt081932
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt024647
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt057912
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt048667
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt076330
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt034874
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt081932
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt029275
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt095874
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-45525
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0595
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014850
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015445
IRS990ScheduleD/RevenueNotReportedAmt0-45525
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt094058
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Financial Accounting Standards Board (FASB) issued ASC 740, "Income Taxes" (ASC 740). ASC 740 clarifies the accounting for income taxes by prescribing a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined in ASC 740 as a tax position that is more likely than not to be sustained upon examination by the applicable tax authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. As of December 31, 2018, the Trust had no material unrecognized tax benefits and no adjustments to liabilities or operations were required under ASC 740. The Trust's practice was and continues to be to recognize interest and penalty expenses related to uncertain tax positions in income tax expense, which were zero for the year ended December 31, 2018. Generally, the Trust's three preceding tax years are subject to examination by federal and state tax authorities. There are no income tax examinations currently in process.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Temporarily restricted net assets are to be used to provide assistance to members in need, support various charitable organizations and provide academic scholarships to qualified individauls attending post secondary education.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4 - Intended Uses for Endowment Funds
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0595
IRS990ScheduleD/TotalExpensesPerForm990Amt095874
IRS990ScheduleD/TotalRevenuePerForm990Amt094058
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt048533
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt095874
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0OSIA Trust of 1985
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1OSIA Trust of 1985
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Common Management
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Common Management
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt111519
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing board reviews Form 990 for any errors or omissions and reports any errors, omissions or concerns at the appropriate meetings with the governing board of the Trust. The Secretary will, in writing, report any inputs from the Trustees back to the Executive Director who will in turn forward these inputs to the independent auditors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to sign an acknowledgement form once elected to confirm that no conflicts of interest exist. Board members shall refrain from obtaining any list of clients for personal or private solicitation purposes at any time during their affiliation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The State Council of the Grand Lodge of Massachusetts sets and annually reviews the salary for the Executive Director and the salary or hourly wages for all employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its governing documents, policy statements, and financial statements available to the public upon request through the Grand Lodge of Massachusetts website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0046655409
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0T
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Rental
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0OSIA Trust of 1985
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt093 Concord Avanue
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Belmont
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd002478
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Sons of Italy in America
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Benefit Insurance Commission
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0041840950
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1042900144
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(8) & (c)(10)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(8) & (c)(10)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Fraternal Lodge
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Fraternal Benefit
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt093 Concord Avenue
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt193 Concord Avenue
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Belmont
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Belmont
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002478
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102478
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0226613
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt112000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Fair value of loan
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Fair market value
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2Fair market value
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OSIA Trust of 1985
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1OSIA Trust of 1985
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2Sons of Italy in America
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0669483
IRS990/TotalAssetsEOYAmt0626984
IRS990/TotalAssetsGrp/BOYAmt0669483
IRS990/TotalAssetsGrp/EOYAmt0626984
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt065439
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt075
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039304
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056495
IRS990/TotalFunctionalExpensesGrp/TotalAmt095874
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt04843
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04843
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0669483
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0622141
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt056495
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt028619
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.67$0.06$5.62$0.67$0.82$0.15
2023Detailed filing. Detailed filing data is available for this year.$5.85$0.06$5.80$0.62$1.07$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$0.03$6.07$0.07$0.76$0.69
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.08$0.03$7.05$1.20$1.05$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.50$0.03$6.47$0.52$0.69$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.05$6.35$0.89$1.15$0.26
2018Detailed filing. Detailed filing data is available for this year.$6.27$0.05$6.22$0.94$0.96$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.69$0.00$6.69$0.97$0.85$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$0.00$6.41$0.83$0.80$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$0.00$6.23$0.61$0.74$0.13
2014Detailed filing. Detailed filing data is available for this year.$6.68$0.07$6.61$0.96$0.66$0.30
2013Detailed filing. Detailed filing data is available for this year.$6.50$0.00$6.50$0.73$0.96$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$0.00$6.41$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.00$6.20$0.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.69$0.00$6.69$0.74