CIVIC INITIATIVES FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CIVIC INITIATIVES FOUNDATION (EIN 45-4110216)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-20
- IRS object ID
- 202443259349100109
- 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
- Accounting Fees Schedule
- Amortization Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-20T15:50:34-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223363665 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELTRUDE & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 513 FRANKLIN AVE | AddressLine1Txt |
| City | NUTLEY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 071101746 | 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 | 454110216 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CIVIC INITIATIVES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CIVI | BusinessNameControlTxt |
| Phone | 2122928400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 WEST 39TH STREET 14TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | T ERIC GALLOWAY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2122928400 | PhoneNum |
| Signature | 2024-11-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL W CARLON | PreparerPersonNm |
| PTIN | P00200642 | PTIN |
| Phone | 9736679100 | PhoneNum |
| Preparation | 2024-11-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,572,615 | 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 | $12,520,500 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $4,160 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,160 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $4,160 | InterestOnSavingsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1,656,215 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,656,215 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1,656,215 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $41,441 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,743,506 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,020,503 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $386,224 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $28,348 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $386,224 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $16,310,605 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,688,723 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,046,599 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $186,226 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $186,226 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $25,882 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $25,882 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $99,968 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $11,468 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $88,500 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $37,729 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $37,729 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $185,316 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $89,334 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $95,982 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $175,654 | InterestRevAndExpnssAmt |
| Interest Dsbrs Chrtbl | $175,654 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $388,934 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $338,982 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $49,952 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $728,138 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $666,785 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $666,785 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $104,672 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $104,672 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $8,658 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $8,658 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $893,798 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $582,154 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $311,644 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,834,975 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,688,723 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $666,785 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,084,899 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,834,975 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,688,723 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $666,785 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,084,899 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $13,475,630 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,379,814 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $186,489 | CashBOYAmt |
| Cash EOY | $3,116,273 | CashEOYAmt |
| Cash EOYFMV | $3,116,273 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $24,939 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $23,405 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $23,405 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $214,155 | AcctRcvblAmt |
| Acct Rcvbl BOY | $252,437 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $214,155 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $214,155 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $11,217,928 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $10,163,790 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $11,217,928 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $5,217,928 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses EOY | $854 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $854 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $51,747,492 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,559,165 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $35,617,086 | LandBOYAmt |
| Land EOY | $47,188,327 | LandEOYAmt |
| Other Assets BOY | $2,571,425 | OtherAssetsBOYAmt |
| Other Assets EOY | $5,061,080 | OtherAssetsEOYAmt |
| Total Assets BOY | $48,816,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $66,822,022 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,572,615 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $982,895 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $494,096 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $86,690 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $73,839 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $4,420,662 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,540,040 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,490,247 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,107,975 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $43,325,919 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $56,714,047 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,325,919 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $56,714,047 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,816,166 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $66,822,022 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,325,919 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $13,475,630 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2 | OtherIncreasesAmt |
| Subtotal | $56,801,551 | SubtotalAmt |
| Other Decreases | $87,504 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $56,714,047 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.GALVANFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | T ERIC GALLOWAY | IndividualWithBooksNm |
| Phone | 2122928400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 WEST 39TH STREET 14TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | T ERIC GALLOWAY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 49 W 39TH ST 14 FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 000.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DIRECTS ITS EFFORT SPECIFICALLY TOWARD THE PROMOTION OF AFFORDABLE HOUSING AND RELATED SERVICES TO LOW-INCOME AND OTHERWISE DISADVANTAGED PERSONS LIVING IN THE VICINITY OF THE CITY OF HUDSON NY BY SPONSORING, PLANNING, ACQUIRING, DEVELOPING, RESTORING, OPERATING AND OWNING FEE AND LEASEHOLD PROPERTIES IN THE AREA OF THE CITY OF HUDSON | Description1Txt |
| Expenses1 | $2,384,975 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,651,381 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,651,381 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,651,381 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $24,771 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,626,610 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $81,331 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,084,899 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,084,899 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $1,084,899 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $1,084,899 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,084,899 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2011-12-20 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $81,331 | CurrentYearAmt |
| Year1 | $13,666 | Year1Amt |
| Year2 | $29,081 | Year2Amt |
| Year3 | $20,866 | Year3Amt |
| Total | $144,944 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $69,131 | CurrentYearAmt |
| Year1 | $11,616 | Year1Amt |
| Year2 | $24,719 | Year2Amt |
| Year3 | $17,736 | Year3Amt |
| Total | $123,202 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,084,899 | CurrentYearAmt |
| Year1 | $641,812 | Year1Amt |
| Year2 | $800,128 | Year2Amt |
| Year3 | $903,827 | Year3Amt |
| Total | $3,430,666 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,084,899 | CurrentYearAmt |
| Year1 | $641,812 | Year1Amt |
| Year2 | $800,128 | Year2Amt |
| Year3 | $903,827 | Year3Amt |
| Total | $3,430,666 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $51,747,492 | CurrentYearAmt |
| Year1 | $48,816,166 | Year1Amt |
| Year2 | $45,061,487 | Year2Amt |
| Year3 | $40,177,332 | Year3Amt |
| Total | $185,802,477 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $51,747,492 | CurrentYearAmt |
| Year1 | $48,816,166 | Year1Amt |
| Year2 | $45,061,487 | Year2Amt |
| Year3 | $40,177,332 | Year3Amt |
| Total | $185,802,477 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Info And Materials | APPLICATION INFORMATION AVAILABLE UPON REQUEST. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATION INFORMATION AVAILABLE UPON REQUEST. | SubmissionDeadlinesTxt |
| Restrictions On Awards | CITY OF HUDSON NY | RestrictionsOnAwardsTxt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,160 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$666,785 | RelatedOrExemptFunctionIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $28,348 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,743,506 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| LAUNDRY INCOME | $5,376 |
| DEVELOPER FEE INCOME | $352,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,160 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,462,945 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,467,105 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 5B | LineNumberTxt |
| Relationship Statement | AFFORDABLE HOUSING NET INCOME/LOSS | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Business Name Line2ContributorBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|
| CIVIS FOUNDATION | |||||||
| 1 | 42 W 39TH ST FL 14 | NEW YORK | NY | 10018 | $12,480,000 | Yes (X) | |
| QUEEN CONSCIOUSNESS FUND RADICAL | |||||||
| 2 | PO BOX 77001 | CINCINNATI | OH | 45277 | $40,500 | Yes (X) | UNITY /FIDELITY CHARITABLE |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $37,729 | Amt |
| Disbursements Charitable Prps | $37,729 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | AMORTIZATION | AmortizedExpensesDesc |
| Current Year Amortization | $26,053 | CurrentYearAmortizationAmt |
| Net Investment Income | $26,053 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (20 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| 2012 CHRYSLER 200 | 2012-01-18 | $22,734 | $16,121 | 200DB | 5.0000 | |
| LAWN MOWER | 2015-04-06 | $6,469 | $6,469 | 200DB | 5.0000 | |
| AIR COMPRESSOR | 2015-11-30 | $3,500 | $3,500 | 200DB | 5.0000 | |
| DIORAMAS | 2015-09-18 | $5,000 | $5,000 | S/L | 5.0000 | |
| LAWNMOWER | 2016-06-01 | $14,847 | $13,963 | S/L | 7.0000 | $884 |
| TRAILER | 2016-07-01 | $10,205 | $9,476 | S/L | 7.0000 | $729 |
| 2016 LOAD TRAILER | 2017-01-04 | $8,638 | $8,638 | 200DB | 5.0000 | |
| 2016 LOAD TRAILER | 2017-01-04 | $8,538 | $8,538 | 200DB | 5.0000 | |
| 2017 FORD F350 | 2018-01-10 | $64,048 | $55,120 | 200DB | 5.0000 | $5,760 |
| 2017 FORD F550 SUPER DUTY | 2018-01-10 | $61,608 | $55,120 | 200DB | 5.0000 | $5,760 |
| 2017 FORD TRUCK | 2019-11-29 | $47,456 | $41,115 | 200DB | 5.0000 | $3,382 |
| 2020 FORD VAN | 2019-11-29 | $27,518 | $25,483 | 200DB | 5.0000 | $1,085 |
| LAWNMOWERS | 2019-02-07 | $7,712 | $4,315 | S/L | 7.0000 | $1,102 |
| KUBOTA EXCAVATOR | 2021-03-25 | $55,000 | $13,750 | S/L | 7.0000 | $7,857 |
| FLOOR & EDGER SANDER | 2021-09-03 | $11,834 | $2,254 | S/L | 7.0000 | $1,691 |
| SPRAY FOAM EQUIPMENT | 2021-09-27 | $63,450 | $11,330 | S/L | 7.0000 | $9,065 |
| TRAILER | 2022-04-15 | $5,216 | $559 | S/L | 7.0000 | $745 |
| BOSS SNOWRATOR | 2022-11-11 | $13,155 | $313 | S/L | 7.0000 | $1,879 |
| TOADS SNOW PLOWER | 2022-12-20 | $8,500 | S/L | 7.0000 | $1,214 | |
| 2022 FORD F350 TRUCK | 2023-02-07 | $86,768 | 200DB | 5.0000 | $20,200 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| BUILDING | $36,638,632 | $4,227,229 | $32,411,403 |
| AUTO | $337,000 | $131,316 | $205,684 |
| CIP | $9,564,816 | $9,564,816 | |
| COMPUTERS & EQUIPMENT | $190,193 | $107,420 | $82,773 |
| FURNITURE & FIXTURES | $94,972 | $93,200 | $1,772 |
| LAND | $4,921,879 | $4,921,879 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $99,968 | LegalFeesAmt |
| Net Investment Income | $11,468 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $88,500 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| ESCROW DEPOSITS | $850 | $850 |
| UTILITY DEPOSIT | $10,683 | $10,683 |
| DUE TO RELATED PARTY | $2,389,472 | $2,879,341 |
| INTANGIBLE ASSETS | $170,420 | $144,367 |
| INVESTMENT IN HUDSON DEPOT LLC | $2,025,839 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX GAIN ON SALE OF PROPERTY | Desc |
| Amt | $87,504 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| AUTO EXPENSES | $3,702 | $3,702 | |
| BANK CHARGES | $1,082 | $1,082 | |
| DDS SERVICE | $124,432 | $65,442 | $58,990 |
| DONATIONS EXPENSE | $61,615 | $61,615 | |
| GENERAL ADMIN | $14,622 | $14,622 | |
| INSURANCE EXPENSE | $210,779 | $210,779 | |
| IT SERVICES | $674 | $674 | |
| LATE FEES | $1,625 | $1,625 | |
| LICENSE & PERMITS | $14,203 | $14,203 | |
| MANAGEMENT FEES | $120,000 | $109,249 | $10,751 |
| PAYROLL PROCESSING FEES | $4,622 | $4,622 | |
| POSTAGE & DELIVERY | $529 | $529 | |
| REPAIRS & MAINTENANCE | $308,429 | $308,429 | |
| TELEPHONE | $1,431 | $1,431 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INVESTMENT INCOME | $28,348 | $28,348 | $28,348 |
| LAUNDRY INCOME | $5,376 | $5,376 | |
| DEVELOPER FEE INCOME | $352,500 | $352,500 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DEPRECIATION | Desc |
| Amt | $2 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| BOGC LOAN | $802,537 | $779,165 |
| UPSTATE BANK | $1,468,125 | $1,468,125 |
| MORTGAGE PAYABLE | $1,000,000 | $5,250,000 |
| NYS HTFC | $1,150,000 | $1,150,000 |
| NOTE PAYABLE- COMMUNITY HOUSING 2652 | $42,750 | |
| NOTE PAYABLE- TEALE & CHRISLEY | $850,000 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (4 entries)
| Balance DueBalanceDueAmt |
|---|
| LOAN RECEIVABLE TWAIN INVEST |
| $6,668,147 |
| LOAN RECEIVABLE ANASTA HUDSON |
| $1,161,238 |
| CCM LOAN B |
| $2,731,853 |
| LOAN RECEIVABLE SUBORDINATE |
| $656,690 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTING | $94,335 | $94,335 | |
| ENGINEERING | $16,690 | $16,690 | |
| OTHER PROFESSIONAL FEES | $74,291 | $1,647 | $72,644 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PROPERTY TAXES | $195,103 | $145,151 | $49,952 |
| SCHOOL TAXES | $193,831 | $193,831 |
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