SPETNER FAMILY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SPETNER FAMILY CHARITABLE FOUNDATION INC (EIN 11-3540386)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202443189349101719
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)
Return2024-11-13T11:23:04-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113090078PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ZELL & ETTINGER CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 AVENUE MAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP112104744ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113540386EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SPETNER FAMIY CHARITABLE FOUNDATIONBusinessNameLine1Txt
Business Name Line2ABRAHAM SPETNERBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSPETBusinessNameControlTxt
Phone7185411256PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line159 WASHINGTON AVENUEAddressLine1Txt
CityLAWRENCECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11559ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonABRAHAM SPETNERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7185411256PhoneNum
Signature2024-11-12SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID SCHLOSSPreparerPersonNm
PTINP01053382PTIN
Phone7186921212PhoneNum
Preparation2024-11-13PreparationDt
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$26,042FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$303,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$303,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$320,950ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$320,950ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$320,950TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$320,950TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$17,950ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$43,992CashBOYAmt
Cash EOY$26,042CashEOYAmt
Cash EOYFMV$26,042CashEOYFMVAmt
Total Assets BOY$43,992TotalAssetsBOYAmt
Total Assets EOY$26,042TotalAssetsEOYAmt
Total Assets EOYFMV$26,042TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$43,992NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$26,042NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$43,992TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$26,042TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$43,992TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$26,042TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$43,992TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$17,950ExcessRevenueOverExpensesAmt
Subtotal$26,042SubtotalAmt
Tot Net Ast Or Fund Balances EOY$26,042TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 BooksABRAHAM SPETNERIndividualWithBooksNm
Phone7185411256PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line159 WASHINGTON AVENUEAddressLine1Txt
CityLAWRENCECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11559ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ABRAHAM SPETNER
59 WASHINGTON AVENUELAWRENCENY11559PRESIDENT000.00$0$0$0
ARI SPETNER
59 WASHINGTON AVENUELAWRENCENY11559VICE PRESIDE000.00$0$0$0
C DANIEL SPETNER
59 WASHINGTON AVENUELAWRENCENY11559SECRETARY000.00$0$0$0
SARAH NUSSBAUM
59 WASHINGTON AVENUELAWRENCENY11559DIRECTOR000.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$42,843AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$42,843TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$42,843AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$643CashDeemedCharitableAmt
Net Vl Noncharitable Assets$42,200NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,110MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,110MinimumInvestmentReturnAmt
Distributable Before Adj$2,110DistributableBeforeAdjAmt
Distributable Before Ded$2,110DistributableBeforeDedAmt
Distributable As Adjusted$2,110DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$320,950ExpensesAndContributionsAmt
Qualifying Distributions$320,950QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,110DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$364,123ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$408,586ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$375,360ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$550,891ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$444,675ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,143,635TotalExcessDistributionCyovAmt
Qualifying Distributions$320,950QualifyingDistributionsAmt
Applied To Current Year$2,110AppliedToCurrentYearAmt
Remaining Distri From Corpus$318,840RemainingDistriFromCorpusAmt
Total Corpus$2,462,475TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$364,123ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$2,098,352ExcessDistriCyovToNextYrAmt
Excess From Year4$408,586ExcessFromYear4Amt
Excess From Year3$375,360ExcessFromYear3Amt
Excess From Year2$550,891ExcessFromYear2Amt
Excess From Year1$444,675ExcessFromYear1Amt
Excess From Current Year$318,840ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerABRAHAM SPETNERContributingManagerNm
Contributing ManagerARI SPETNERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2TxtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
AL KANFEI NESHARIM
88 WASHINGTON AVECEDARHURSTNY11516GENERAL SUPPORT$15,000
CAMBRIDGE CHARITABLE FOUNDATION
1 EAST 4TH STREET SUITE 7CINCINNATIOH45202GENERAL SUPPORT$6,000
MENTORAH
31 COUNTRYSIDE WAYFALLSBURGNY12733GENERAL SUPPORT$6,000
CONG KHAL CHERNOBEL
ONE MEADOWLANDS PLAZAEAST RUTHERFORDNJ07073GENERAL SUPPORT$5,2506TH FLOOR
DAVIS MEMORIAL FUND
25 LAWRENCE AVENUELAWRENCENY11559GENERAL SUPPORT$5,860
CONG BETH SHOLOM
390 BROADWAYLAWRENCENY11559GENERAL SUPPORT$7,270
VARIOUS RECOGNIZED CHARITIES
59 WASHIMNGTON AVELAWRENCENY11559GENERAL SUPPORT$56,970C/O THE ORGANIZATION
MESIVTA SHAAREY CHAIM
716 BEACH 9TH STREETQUEENSNY11691GENERAL SUPPORT$15,000
AMUDIM COMMUNITY RESOURSES
11 BROADWAY SUITE 1076NEW YORKNY10004GENERAL SUPPORT$36,000
AMERICAN FRIENDS OF YAD ELIEZER
410 GLEN RDJACKSONNJ08527GENERAL SUPPORT$162,200
KOLLEL INTERNATIONAL
212 CENTRAL AVENUELAKEWOODNJ08701GENERAL SUPPORT$5,400
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$320,950TotalGrantOrContriPdDurYrAmt

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 (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
ABRAHAM SPETNER
159 WASHINGTON AVENUELAWRENCENY11559$275,000Yes (X)
ARI SPETNER
259 WASHINGTON AVENUELAWRENCENY11559$10,000Yes (X)
ERM CAPITAL
3943 EAST HAZELWOOD AVENUERALAIGHNJ07065$18,000Yes (X)

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