MILFORD BANK FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MILFORD BANK FOUNDATION INC (EIN 02-0600478)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-19
- IRS object ID
- 202422329349100302
- Schema version
- 2023v5.1
- 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
- Other Expenses Schedule
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-19T07:20:11-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 060903326 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITTLESEY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 TRUMBULL ST 24TH FL | AddressLine1Txt |
| City | HARTFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06103 | 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 | 020600478 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MILFORD BANK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILF | BusinessNameControlTxt |
| Phone | 2037835703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 BROAD STREET | AddressLine1Txt |
| City | MILFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06460 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL CAPODANNO | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2037835703 | PhoneNum |
| Signature | 2024-08-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAWRENCE CARBONI | PreparerPersonNm |
| PTIN | P02535289 | PTIN |
| Phone | 8605223111 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $476,347 | 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 | $50,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $302 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $302 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,080 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,080 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,041 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $59,937 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $51,341 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,382 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $662 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $686 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $47,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $47,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $47,936 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $47,250 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,405 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,382 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $444,798 | CashBOYAmt |
| Cash EOY | $476,347 | CashEOYAmt |
| Cash EOYFMV | $476,347 | CashEOYFMVAmt |
| Total Assets BOY | $444,798 | TotalAssetsBOYAmt |
| Total Assets EOY | $476,347 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $476,347 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $444,798 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $476,347 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $444,798 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $476,347 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $444,798 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $476,347 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $444,798 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,405 | ExcessRevenueOverExpensesAmt |
| Other Increases | $28,144 | OtherIncreasesAmt |
| Subtotal | $476,347 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $476,347 | 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 |
|---|---|---|---|---|---|---|---|
| SPDR SER TR SPDR BLO | P | 2022-05-05 | 2023-04-04 | $4,666 | $4,663 | $3 | $3 |
| SPDR SER TR SPDR BLO | P | 2022-05-09 | 2023-04-04 | $18,479 | $18,472 | $7 | $7 |
| HORIZON ACTIVE INCOME INVESTOR CLASS | P | 2022-03-15 | 2023-04-04 | $36,792 | $39,843 | -$3,051 | -$3,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$3,041 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $10 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $61 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $61 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $61 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $61 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MILFORDBANK.COM | WebsiteAddressTxt |
| Individual With Books | THE MILFORD BANK INC | IndividualWithBooksNm |
| Phone | 2037835703 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 BROAD STREET | AddressLine1Txt |
| City | MILFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06460 | 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 (13 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 |
|---|---|---|---|---|---|---|---|---|
| SUSAN L SHIELDS | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | PRESIDENT & CHAIR | 0.00 | $0 | $0 | $0 |
| DAVID B RUBIN | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD VICE CHAIR | 0.00 | $0 | $0 | $0 |
| MICHAEL A CAPODANNO | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | TREASURER | 0.00 | $0 | $0 | $0 |
| ANNE MARIE LENART | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | SECRETARY | 0.00 | $0 | $0 | $0 |
| JOHN A HARKINS | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| JOY TOPAZIAN MOORE | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| KEVIN C MCGRATH | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| PETER A OLSEN | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| CAROL A MCINNIS | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| DAVID ESPOSITO | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| BEVERLY K STREIT-KEFALAS | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| MICHAEL J PAOLINI | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| GARY L OPIN | ||||||||
| 33 BROAD STREET | MILFORD | CT | 06460 | BOARD MEMBER | 0.00 | $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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $380,660 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $380,660 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $380,660 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,710 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $374,950 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,748 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,748 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $61 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $61 | TotalTaxAmt |
| Distributable Before Adj | $18,687 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $18,687 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $18,687 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $47,250 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $47,250 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,687 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,431 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,276 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $52 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $735 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $84,812 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $88,306 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $47,250 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $18,687 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $28,563 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $116,869 | 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 | $1,431 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $115,438 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,276 | ExcessFromYear4Amt |
| Excess From Year3 | $52 | ExcessFromYear3Amt |
| Excess From Year2 | $735 | ExcessFromYear2Amt |
| Excess From Year1 | $84,812 | ExcessFromYear1Amt |
| Excess From Current Year | $28,563 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUB OF MILFORD | ||||||
| PO BOX 2294 | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $2,000 |
| BRIDGES HEALTHCARE INC | ||||||
| 941-949 BRIDGEPORT AVE | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $1,000 |
| FREELOVE BALDWIN STOW CHAPTER DAR | ||||||
| 55 PROSPECT ST | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $500 |
| EMERGE INC | ||||||
| PO BOX 1190 | STRATFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $2,000 |
| FRIENDS OF THE MILFORD LIBRARY | ||||||
| 57 NEW HAVEN AVE | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $500 |
| GIVING TABLE THE FORAN HS | ||||||
| 80 FORAN RD | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $500 |
| JUNIOR MAJOR LEAGUE INC | ||||||
| PO BOX 3102 | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $250 |
| LITERACY VOLUNTEERS OF SOUTHERN CT | ||||||
| 16 DIXON ST | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $950 |
| MILFORD HISTORICAL SOCIETY | ||||||
| 34 HIGH ST | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $300 |
| MILFORD NATIONAL LOU GEHRIG LL | ||||||
| PO BOX 3308 | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $1,000 |
| PANTOCHINO PRODUCTIONS | ||||||
| PO BOX 494 | WEST HAVEN | CT | 06516 | 501(C)(3) | UNRESTRICTED | $1,000 |
| PERRY HOUSE FOUNDATION | ||||||
| 1128 WEST BROAD ST | STRATFORD | CT | 06615 | 501(C)(3) | UNRESTRICTED | $500 |
| PLATT TECH HS | ||||||
| 600 ORANGE AVE | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $1,000 |
| PURPLE PANTRY BOXES | ||||||
| 43 VILLAGE RD | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $1,000 |
| RAPE CRISIS CENTER | ||||||
| 70W RIVER ST | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $1,000 |
| ROOM 17 MATH | ||||||
| 141 CINNAMON RD | MILFORD | CT | 06461 | 501(C)(3) | UNRESTRICTED | $500 |
| STERLING HOUSE COMMUNITY CENTER | ||||||
| 2283 MAIN ST | STRATFORD | CT | 06615 | 501(C)(3) | UNRESTRICTED | $2,000 |
| STRATFORD EDUCATION FOUNDATION | ||||||
| 210 PUMPKIN GROUND RD | STRATFORD | CT | 06614 | 501(C)(3) | UNRESTRICTED | $1,000 |
| STRATFORD HISTORICAL SOCIETY | ||||||
| 967 ACADEMY HILL | STRATFORD | CT | 06615 | 501(C)(3) | UNRESTRICTED | $250 |
| STRATFORD PAL | ||||||
| 900 LONGBROOK AVE | STRATFORD | CT | 06614 | 501(C)(3) | UNRESTRICTED | $2,000 |
| TEAM INC | ||||||
| 30 ELIZABETH ST | DERBY | CT | 06418 | 501(C)(3) | UNRESTRICTED | $1,000 |
| UNITED WAY OF MILFORD | ||||||
| 20 EVERGREEN AVE | MILFORD | CT | 06460 | 501(C)(3) | UNRESTRICTED | $2,000 |
| THE STOREHOUSE PROJECT | ||||||
| 349 WHEELERS FARMS ROAD | MILFORD | CT | 06461 | 501(C)(3) | TO FUND THE PURCHASE OF NEW FACILITY AND EQUIPMENT AND SUPPORT ONGOING OPERATING EXPENSES | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $47,250 | 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 | $302 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,080 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$3,041 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,341 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,341 | 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 | THE MILFORD BANK | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 BROAD STREET | AddressLine1Txt |
| City | MILFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06460 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $50,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PERSHING FEES | Desc |
| Revenue And Expenses Per Books | $662 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED (LOSS)/GAIN | Desc |
| Amt | $28,144 | Amt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE MILFORD BANK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 BROAD STREET | AddressLine1Txt |
| City | MILFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06460 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES PAID FOR EXCISE TAX 2022 | CategoryTxt |
| Amt | $24 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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