MASCOMA SAVINGS BANK FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MASCOMA SAVINGS BANK FOUNDATION (EIN 22-2816632)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-15
- IRS object ID
- 202431369349100733
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T07:13:53-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 921397405 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TSS ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 MORGAN DRIVE | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03766 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222816632 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASCOMA BANK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASC | BusinessNameControlTxt |
| Phone | 6034438627 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 NORTH PARK STREET | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 037660435 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MERRITT PATRIDGE | PersonNm |
| Person Title | CHAIR | PersonTitleTxt |
| Phone | 6034438627 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MERRITT | PersonFirstNm |
| Person Last | PATRIDGE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KYLE M POTTER CPA | PreparerPersonNm |
| PTIN | P02269785 | PTIN |
| Phone | 6036530044 | PhoneNum |
| Preparation | 2024-05-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,945,141 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $323,578 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $232,238 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $232,238 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $214,173 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,890,188 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $214,173 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $769,992 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $446,414 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $41,650 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $41,650 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,115 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,115 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | -$476 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $43,289 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $43,765 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $426,950 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $426,950 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $470,239 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $43,765 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $426,950 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $299,753 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $402,649 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $22,686 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $158,812 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $477,675 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $477,675 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $40,018 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $26 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $26 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $56,343 | CorporateStockBOYAmt |
| Corporate Stock EOY | $56,343 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $591,067 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $6,137,003 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,171,477 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,876,373 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $6,414,862 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,705,521 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,945,141 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,320,865 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,320,865 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $5,093,997 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,384,656 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,414,862 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,705,521 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,414,862 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,705,521 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,414,862 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $299,753 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,714,615 | SubtotalAmt |
| Other Decreases | $9,094 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,705,521 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY 5206 | P | 2017-03-22 | 2023-11-20 | $220,307 | $195,692 | $24,615 | $24,615 |
| FIDELITY 4292 | P | 2016-08-31 | 2023-11-06 | $2,669,819 | $2,480,323 | $189,496 | $189,496 |
| FIDELITY 4292 | P | 2023-01-01 | 2023-12-31 | $62 | $62 | $62 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $214,173 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,597 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,597 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,597 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,400 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,400 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $4,197 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASCOMA BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6034438627 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 NORTH PARK STREET | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03766 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GRETCHEN CHERINGTON | ||||||||
| 67 NORTH PARK STREET | LEBANON | NH | 037660435 | TRUSTEE UNTIL APRIL 2023 | 1.00 | $0 | $0 | $0 |
| FRANK LEIBLY | ||||||||
| 67 NORTH PARK STREET | LEBANON | NH | 037660435 | TRUSTEE AS OF APRIL 2023 | 1.00 | $0 | $0 | $0 |
| GARY GRAY | ||||||||
| 67 NORTH PARK STREET | LEBANON | NH | 037660435 | TRUSTEE UNTIL APRIL 2023 | 1.00 | $0 | $0 | $0 |
| MERRITT PATRIDGE | ||||||||
| 67 NORTH PARK STREET | LEBANON | NH | 037660435 | CHAIR | 1.00 | $0 | $0 | $0 |
| DEIRDRE GOODRICH | ||||||||
| 67 NORTH PARK STREET | LEBANON | NH | 037660435 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| DANIEL MCGEE | ||||||||
| 67 NORTH PARK STREET | LEBANON | NH | 037660435 | TRUSTEE AS OF APRIL 2023 | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,093,286 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $329,588 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,422,874 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,422,874 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $126,343 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,296,531 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $414,827 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $414,827 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,597 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,597 | TotalTaxAmt |
| Distributable Before Adj | $409,230 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $409,230 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $409,230 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $426,950 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $426,950 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $409,230 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $100,410 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $15,819 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $116,229 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $426,950 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $409,230 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $17,720 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $133,949 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $133,949 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $100,410 | ExcessFromYear3Amt |
| Excess From Year1 | $15,819 | ExcessFromYear1Amt |
| Excess From Current Year | $17,720 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SARAH MARTEL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 N PARK STREET | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03766 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6034438627 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS MAY BE SUBMITTED ON THE MASCOMA BANK WEBSITE AND SHOULD BE COMPLETE ON SUBMISSION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | PROPOSALS ARE CONSIDERED QUARTERLY. DEADLINES ARE JANUARY 1, APRIL 1, JULY 1, AND OCTOBER 1. | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS TO ORGANIZATIONS WITHIN THE LENDING AREA OF MASCOMA BANK. AN ORGANIZATION RECEIVING FUNDS FROM THE FOUNDATION IS ELIGIBLE TO SUBMIT A NEW APPLICATION IF AT LEAST 24 MONTHS HAS PASSED SINCE THEY HAVE RECEIVED A DONATION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (42 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| WHITE MOUNTAINS COMMUNITY COLLEGE | |||||
| 2020 RIVERSIDE DRIVE | BERLIN | NH | 03570 | EXPANSION | $20,000 |
| WREN | |||||
| 2011 MAIN STREET | BETHLEHEM | NH | 03574 | LEARNING CENTER | $17,500 |
| CLAREMONT LEARNING PARTNERSHIP | |||||
| 169 MAIN STREET | CLAREMONT | NH | 03743 | PLAY SPACE | $15,000 |
| MT KEARSARGE INDIAN MUSEUM | |||||
| 18 HIGHLAWN ROAD | WARNER | NH | 03278 | SUSTAINABLE ENERGY | $15,000 |
| ECHO | |||||
| 1 COLLEGE STREET | BURLINGTON | VT | 05401 | INTO THE LAKE | $15,000 |
| TRI-TOWN BICYCLE | |||||
| PO BOX 370 | BETHLEHEM | NH | 03574 | TRAILER | $10,000 |
| LATHAM MEMORIAL LIBRARY | |||||
| 16 LIBRARY ROAD | THETFORD | VT | 05074 | LIFT ELEVATOR | $10,000 |
| LEBANON OPERA HOUSE | |||||
| 51 N PARK STREET | LEBANON | NH | 03766 | LOH | $10,000 |
| PORTLAND COMMUNITY SQUASH | |||||
| 66 NOYES STREET | PORTLAND | ME | 04102 | COMMUNITY COMMONS | $10,000 |
| CLAREMONT OPERA HOUSE | |||||
| 58 OPERA HOUSE SQUARE | CLAREMONT | NH | 03743 | LIGHTING & POWER | $9,500 |
| DISMAS | |||||
| 1673 MAPLE STREET | HARTFORD | VT | 05047 | BOILER | $6,000 |
| GREEN MOUNTAIN MOBILE THERAPY | |||||
| 191 PROSPECT PARKWAY | BURLINGTON | VT | 05401 | RENEWABLE POWER | $5,000 |
| HOME HEALTHCARE | |||||
| 312 MARLBORO STREET | KEENE | NH | 03431 | CARPET | $5,000 |
| HABITAT FOR HUMANITY YORK COUNTY | |||||
| 4 INDUSTRIAL DRIVE | KENNEBUNK | ME | 04043 | NEW BUILDING | $5,000 |
| TURNING POINT RECOVERY CENTER OF SPRINGFIELD | |||||
| 7 MORGAN STREET | SPRINGFIELD | VT | 05156 | KITCHEN RENOVATION | $25,000 |
| SOUTHERN VERMONT HEALTH & RECREATION | |||||
| 140 CLINTON STREET | SPRINGFIELD | VT | 05156 | FOUNDRY EXPANSION | $15,000 |
| KEENE FAMILY YMCA | |||||
| 200 SUMMIT ROAD | KEENE | NH | 03431 | PROGRAMMING INFRASTRUCTURE | $13,400 |
| ENFIELD SHAKER MUSEUM | |||||
| 447 NH ROUTE 4A | ENFIELD | NH | 03748 | PLATFORM LIFT | $13,000 |
| TEDFORD HOUSING | |||||
| PO BOX 958 | BRUNSWICK | ME | 04011 | EMERGENCY BUILDING | $12,500 |
| READING WEST WINDSOR FOOD SHELF | |||||
| PO BOX 384 | BROWNSVILLE | VT | 05037 | INTERIOR RENOVATION | $10,550 |
| GOETHE COMMUNITY TRUST | |||||
| 20 CROWLEY STREET | BURLINGTON | VT | 05401 | COMMUNITY HALL | $10,000 |
| TLC FAMILY RESOURCE CENTER | |||||
| 109 PLEASANT STREET | CLAREMONT | NH | 03743 | LEBANON RECOVERY CENTER | $10,000 |
| VERMONT CARES | |||||
| PO BOX 5248 | BURLINGTON | VT | 05402 | NEW LOCATION | $7,500 |
| HOPEWORKS | |||||
| PO BOX 92 | BURLINGTON | VT | 05402 | HEALING SPACE | $5,000 |
| ROCHESTER RECREATION DEPARTMENT | |||||
| PO BOX 238 | ROCHESTER | VT | 05767 | SKATESPACE | $5,000 |
| LITTLETON COMMUNITY CENTER | |||||
| 120 MAIN STREET | LITTLETON | NH | 03561 | CARRIAGE BARN | $5,000 |
| STONEWALL FARM | |||||
| 242 CHESTERFIELD ROAD | KEENE | NH | 03431 | PLAYGROUND | $5,000 |
| CITY OF LEBANON | |||||
| 51 N PARK STREET | LEBANON | NH | 03766 | EMERGENCY WINTER SHELTER | $20,000 |
| SOUTHWESTERN COMMUNITY SERVICES | |||||
| 63 COMMUNITY WAY | KEENE | NH | 03743 | TRANSIT FACILITY | $16,750 |
| PATHWAYS VERMONT INC | |||||
| PO BOX 127 | WINOOSKI | VT | 05404 | SOTERIA HOUSE | $15,000 |
| HEALTHY HOMEWORKS | |||||
| 17 KELLOGG STREET | PORTLAND | ME | 04101 | HOMEOWNERSHIP ATTAINMENT FUND | $15,000 |
| MAYNARD HOUSE | |||||
| 17 SOUTH STREET | HANOVER | NH | 03755 | AIR CONDITIONING & HEAT PUMP | $10,000 |
| ONE ARTS INC | |||||
| 72 NORTH CHAMPLAIN | BURLINGTON | VT | 05401 | ROOM FOR ME! | $10,000 |
| VERMONT CENTER FOR ECOSTUDIES | |||||
| PO BOX 420 | NORWICH | VT | 05055 | RESEARCH & TRAINING LABORATORY | $6,750 |
| WHITEFIELD PUBLIC LIBRARY | |||||
| 8 LANCASTER ROAD | WHITEFIELD | NH | 03598 | RENOVATION & EXPANSION PROJECT | $5,000 |
| SHEDD PORTER MEMORIAL LIBRARY | |||||
| 2 MAIN STREET | ALSTEAD | NH | 03602 | RENOVATION PROJECT | $5,000 |
| ALICE PECK DAY MEMORIAL HOSPITAL | |||||
| 10 ALICE PECK DAY DRIVE | LEBANON | NH | 03257 | CAPITAL FUND | $10,000 |
| LEBANON CEMETERY | |||||
| 51 N PARK STREET | LEBANON | NH | 03766 | MONUMENT RESTORATION | $4,000 |
| FRIENDS OF MASCOMA FOUNDATION FOOD PANTRY | |||||
| 9 ON THE COMMON WAY UNIT 5 | CANAAN | NH | 03741 | FRIENDS FEEDING FRIENDS PROGRAM | $2,000 |
| ENFIELD SHAKER MUSEUM | |||||
| 447 NH ROUTE 4A | ENFIELD | NH | 03748 | LA SALETTE PURCHASE | $7,500 |
| ENFIELD LIBRARY | |||||
| PO BOX 1030 | ENFIELD | NH | 03748 | CAPITAL CAMPAIGN | $5,000 |
| VISIONS FOR CREATIVE HOUSING | |||||
| 8 SUNRISE LANE | ENFIELD | NH | 03748 | GREEN STREET, LEBANON PROJECT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $426,950 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $232,238 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $214,173 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $446,414 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $446,414 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASCOMA BANK | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 67 NORTH PARK STREET | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03766 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $323,078 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCK | StockNm |
| EOY Book Value | $56,343 | EOYBookValueAmt |
| EOYFMV | $591,067 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $26 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $26 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EXCHANGE TRADE PRODUCTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $6,171,477 | BookValueAmt |
| EOYFMV | $7,876,373 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $9,094 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANNUAL STATE FILING FEE | $75 | $0 | $0 |
| INSURANCE PREMIUMS | $1,561 | $0 | $0 |
| TAX PREPARATION | $2,550 | $0 | $0 |
| IRS TAX PAYMENTS (REFUND) | -$4,662 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $41,650 | Amt |
| Net Investment Income | $41,650 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX PAID | CategoryTxt |
| Amt | $2,115 | Amt |
| Net Investment Income | $2,115 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |