RMBH FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RMBH FOUNDATION (EIN 26-0056542)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-14
IRS object ID
202423199349102917
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-14T09:20:22-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464749070PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EFFY STEIGMAN & CO CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1505 CROWN STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112135126ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260056542EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RMBH FOUNDATIONBusinessNameLine1Txt
Business Name Line2CO KESTENBAUMBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlRMBHBusinessNameControlTxt
Phone7186251780PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1199 LEE AVE 312AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSamuel KestenbaumPersonNm
Person TitleTrusteePersonTitleTxt
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEffy SteigmanPreparerPersonNm
PTINP00705400PTIN
Phone3475337210PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,083,598FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$354,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$186,068InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$186,068InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$186,068InterestOnSavingsAdjNetIncmAmt
Gross Rents Rev And Expnss$17,280GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$17,280GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$17,280GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss-$6,400NetRentalIncomeOrLossAmt
Other Income Net Invst Incm-$301,773OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$557,348TotalRevAndExpnssAmt
Total Net Invst Incm-$98,425TotalNetInvstIncmAmt
Total Adj Net Incm$203,348TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$1,750OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$1,273TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$7,851DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$7,851DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$16,134OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$15,829OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$27,008TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,680TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$152,325ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$152,325ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$179,333TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,680TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$152,325TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$378,015ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$203,348AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$225,056CashBOYAmt
Cash EOY$38,276CashEOYAmt
Cash EOYFMV$38,276CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,348,732SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,080,439SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,080,439SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$299,346OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$649,359OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$299,346OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$299,346OtherNtsAndLoansRcvblEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$254,027LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$33,041LandBldgEquipAccumDeprecAmt
Land BOY$228,837LandBOYAmt
Land EOY$220,986LandEOYAmt
Land EOYFMV$228,037LandEOYFMVAmt
Other Assets BOY$1,250,000OtherAssetsBOYAmt
Other Assets EOY$1,437,500OtherAssetsEOYAmt
Other Assets EOYFMV$1,437,500OtherAssetsEOYFMVAmt
Total Assets BOY$3,701,984TotalAssetsBOYAmt
Total Assets EOY$4,076,547TotalAssetsEOYAmt
Total Assets EOYFMV$4,083,598TotalAssetsEOYFMVAmt
Loans From Officers BOY$16,961LoansFromOfficersBOYAmt
Loans From Officers EOY$13,509LoansFromOfficersEOYAmt
Total Liabilities BOY$16,961TotalLiabilitiesBOYAmt
Total Liabilities EOY$13,509TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$3,685,023RetainedEarningBOYAmt
Retained Earning EOY$4,063,038RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,685,023TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,063,038TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,701,984TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,076,547TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,685,023TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$378,015ExcessRevenueOverExpensesAmt
Subtotal$4,063,038SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,063,038TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1OrganizationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7186251780PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1199 Lee Avenue PMB 312AddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11211ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Samuel Kestenbaum
695 Bedford AvenueBrooklynNY11206Trustee3.00$0
Silvia Kestenbaum
695 Bedford AvenueBrooklynNY11206Trustee1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,846,252AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,901,486FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,747,738TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$3,747,738AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$56,216CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,691,522NetVlNoncharitableAssetsAmt
Minimum Investment Return$184,576MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$184,576MinimumInvestmentReturnAmt
Distributable Before Adj$184,576DistributableBeforeAdjAmt
Distributable Before Ded$184,576DistributableBeforeDedAmt
Distributable As Adjusted$184,576DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$152,325ExpensesAndContributionsAmt
Qualifying Distributions$152,325QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$184,576DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$66,242ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$66,242TotalExcessDistributionCyovAmt
Qualifying Distributions$152,325QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$152,325AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$32,251ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$32,251ExcessDistributionCyovAppCYAmt
Total Corpus$33,991TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$33,991ExcessDistriCyovToNextYrAmt
Excess From Year1$33,991ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VariousAddressLine1Txt
CityVariousCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11211ZIPCd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
Various Organized Charities
VariousVariousNY11211To Further Charitable Purposes$600
Camp Rav Tuv of Satmar
543 Bedford AveBrooklynNY11211EDUCATIONAL$100,000UNRELATED
SK Foundation Inc
1621 59TH STBROOKLYNNY11204FINANCIAL ASSISTANCE$1,725UNRELATED
Jolly Baby Center
167 Taylor StBrooklynNY11211To Further Charitable Purposes$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$152,325TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$186,068RelatedOrExemptFunctionIncmAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$6,400RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$179,668RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$179,668TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
SAMUEL KESTENBAUM
1695 BEDFORD AVENUEBROOKLYNNY11206$237,000Yes (X)
STK MD EXCLUSIONARY TRUST
2199 LEE AVE 312BROOKLYNNY11211$117,000Yes (X)

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyBUILDINGPropertyDesc
Acquired2019-10-31AcquiredDt
Cost Or Other Basis$215,923CostOrOtherBasisAmt
Prior Year Depreciation$25,190PriorYearDepreciationAmt
Computation MethodSLComputationMethodTxt
Rt0.0364Rt
Current Year Expense$7,851CurrentYearExpenseAmt
Net Investment Income$7,851NetInvestmentIncomeAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Buildings$215,923$33,041$182,882$228,037
Land$38,104$38,104

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN 633 NE 167 INVESTORS LLCDesc
BOY Book Value$1,250,000BOYBookValueAmt
EOY Book Value$1,437,500EOYBookValueAmt
EOYFMV$1,437,500EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
LICENSES$305
Rental Expenses$15,829$15,829

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
Amt$1,750Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$1,273Amt

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