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CHASE COLLEGIATE SCHOOL FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CHASE COLLEGIATE SCHOOL FOUNDATION INC (EIN 23-7168186)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-15
IRS object ID
202433209349100738
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T08:05:37-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN060666222PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHARLES HEAVEN & CO CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1207 BANK STAddressLine1Txt
CityWATERBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06702ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237168186EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHASE COLLEGIATE SCHOOL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHASBusinessNameControlTxt
Phone8608490949PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 LEAVENWORTH STAddressLine1Txt
CityWATERBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06702ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLOUISE KNIESPersonNm
Person TitleSECRETARY/ TREASURERPersonTitleTxt
Signature2024-11-15SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT E SWEENEY JRPreparerPersonNm
PTINP01215711PTIN
Phone2037534101PhoneNum
Preparation2024-11-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
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$10,975,924FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,144ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$18,307InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$18,307InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$203,665DividendsRevAndExpnssAmt
Dividends Net Invst Incm$203,665DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$293,373NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,115,418GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$293,373CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$517,489TotalRevAndExpnssAmt
Total Net Invst Incm$515,345TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,961LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm$2,961LegalFeesAdjNetIncmAmt
Accounting Fees Rev And Expnss$16,425AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$16,425AccountingFeesAdjNetIncmAmt
Other Prof Fees Rev And Expnss$42,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$25,000OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$17,000OtherProfFeesAdjNetIncmAmt
Taxes Rev And Expnss$6,816TaxesRevAndExpnssAmt
Taxes Adj Net Incm$6,816TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$2,000OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$2,000OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$70,202TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$25,000TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$45,202TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$70,202TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$25,000TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$45,202TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$447,287ExcessRevenueOverExpensesAmt
Net Investment Income$490,345NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$95,134CashBOYAmt
Cash EOY$47,384CashEOYAmt
Cash EOYFMV$47,384CashEOYFMVAmt
Sav And Temp Cash Invst BOY$702,347SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$242,987SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$242,987SavAndTempCashInvstEOYFMVAmt
US Government Obligations EOY$518,554USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$518,554USGovtObligationsEOYFMVAmt
Other Investments BOY$9,298,742OtherInvestmentsBOYAmt
Other Investments EOY$10,166,999OtherInvestmentsEOYAmt
Other Investments EOYFMV$10,166,999OtherInvestmentsEOYFMVAmt
Total Assets BOY$10,096,223TotalAssetsBOYAmt
Total Assets EOY$10,975,924TotalAssetsEOYAmt
Total Assets EOYFMV$10,975,924TotalAssetsEOYFMVAmt
Accounts Payable BOY$46,284AccountsPayableBOYAmt
Accounts Payable EOY$16,575AccountsPayableEOYAmt
Total Liabilities BOY$46,284TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,575TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,973,356NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$792,350NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$7,076,583DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$10,166,999DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$10,049,939TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$10,959,349TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$10,096,223TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$10,975,924TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,049,939TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$447,287ExcessRevenueOverExpensesAmt
Other Increases$462,123OtherIncreasesAmt
Subtotal$10,959,349SubtotalAmt
Tot Net Ast Or Fund Balances EOY$10,959,349TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCHARLES SCHWABPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$1,009,504GrossSalesPriceAmt
Cost Or Other Basis$822,045CostOrOtherBasisAmt
Gain Or Loss$187,459GainOrLossAmt
Gains Minus Excess Or Losses$187,459GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$293,373CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,816InvestmentIncomeExciseTaxAmt
Subtotal$6,816SubtotalAmt
Tax Based On Investment Income$6,816TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$17,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$17,000TotalPaymentsAndCreditsAmt
Overpayment$10,184OverpaymentAmt
Applied To ES Tax$10,184AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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
Individual With BooksSTEFANI DICLEMENTEIndividualWithBooksNm
Phone8608490949PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line150 LEAVENWORTH STAddressLine1Txt
CityWATERBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06702ZIPCd
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
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LOUISE KNIES
29 FIDDLEHEAD ROADOXFORDCT06478SECRETARY/ T000.00$0$0$0
ORIS DUNHAM
58 CASCADE KEYBELLEVUEWA980061030TRUSTEE000.00$0$0$0
JUDY ROWLEY
257 POMPERAUG WOODSSOUTHBURYCT06488TRUSTEE000.00$0$0$0
MAGGIE SMITH
155-A ALAIN WHITE ROADMORRISCT06763TRUSTEE000.00$0$0$0
CHRIS BROOKS
116 GUERNSEYTOWN ROADWATERTOWNCT06795TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$10,049,034AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$361,638AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,410,672TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$10,410,672AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$156,160CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,254,512NetVlNoncharitableAssetsAmt
Minimum Investment Return$512,726MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$512,726MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,816TaxBasedOnInvestmentIncomeAmt
Total Tax$6,816TotalTaxAmt
Distributable Before Adj$505,910DistributableBeforeAdjAmt
Distributable Before Ded$505,910DistributableBeforeDedAmt
Distributable As Adjusted$505,910DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$505,910DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$2,035,363ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,035,363TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$505,910ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$505,910ExcessDistributionCyovAppCYAmt
Total Corpus$1,529,453TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,529,453ExcessDistriCyovToNextYrAmt
Excess From Year1$1,529,453ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18,307ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$203,665ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$105,914ExclusionAmt
Related Or Exempt Function Incm$187,459RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc
LEGAL SETTLEMENT
MISCELLANEOUS

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$327,886ExclusionAmt
Related Or Exempt Function Incm$187,459RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$515,345TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING SERVICECategoryTxt
Amt$16,425Amt
Adjusted Net Income$16,425AdjustedNetIncomeAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$518,554USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$518,554USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
CHARLES SCHWAB MUTUAL FUNDSFMV$9,429,866$9,429,866
IRONWOODFMV$737,133$737,133

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$2,961LegalFeesAmt
Adjusted Net Income$2,961AdjustedNetIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
INSURANCE$1,820$1,820
OFFICE EXPENSES$180$180

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED APPRECIATIONDesc
Amt$462,123Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
INVESTMENT FEES$25,000$25,000
AUDIT FEES$17,000$17,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$6,816Amt
Adjusted Net Income$6,816AdjustedNetIncomeAmt

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