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CEGWAY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CEGWAY FOUNDATION INC (EIN 82-5092591)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-15
IRS object ID
202311359349101116
Schema version
2022v5.0
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)
Return2023-05-15T09:08:23-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN592309183PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HUGHES SNELL & CO PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11470 ROYAL PALM SQUARE BLVDAddressLine1Txt
CityFORT MYERSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP339191082ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN825092591EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CEGWAY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCEGWBusinessNameControlTxt
Phone2399392233PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line116682 CAPTIVA DRAddressLine1Txt
CityCAPTIVACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33924ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT O WIESEMANN IIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2023-05-15SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERT OPersonFirstNm
Person LastWIESEMANN IIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERICA K HARPPreparerPersonNm
PTINP00641949PTIN
Phone2399392233PhoneNum
Preparation2023-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,002,617FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$25,629InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$25,629InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$25,629InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$91,290DividendsRevAndExpnssAmt
Dividends Net Invst Incm$91,290DividendsNetInvstIncmAmt
Dividends Adj Net Incm$91,290DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$15,921NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,363,646GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$15,921CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$132,840TotalRevAndExpnssAmt
Total Net Invst Incm$132,840TotalNetInvstIncmAmt
Total Adj Net Incm$116,919TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,180AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,090AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,090AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$11,734OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$11,734OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$5,063TaxesRevAndExpnssAmt
Taxes Net Invst Incm$3,443TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$61OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$61OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$19,038TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$16,328TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,090TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$232,146ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$232,146ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$251,184TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$16,328TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$233,236TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$118,344ExcessRevenueOverExpensesAmt
Net Investment Income$116,512NetInvestmentIncomeAmt
Adjusted Net Income$116,919AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$264,786CashBOYAmt
Cash EOY$353,671CashEOYAmt
Cash EOYFMV$353,671CashEOYFMVAmt
Acct Rcvbl$2,768AcctRcvblAmt
Acct Rcvbl BOY$5,553AcctRcvblBOYAmt
Acct Rcvbl EOY$2,768AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$2,768AcctRcvblEOYFMVAmt
Prepaid Expenses EOY$4,980PrepaidExpensesEOYAmt
US Government Obligations BOY$479,247USGovernmentObligationsBOYAmt
US Government Obligations EOY$483,151USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$455,387USGovtObligationsEOYFMVAmt
Corporate Stock BOY$1,207,712CorporateStockBOYAmt
Corporate Stock EOY$1,075,030CorporateStockEOYAmt
Corporate Stock EOYFMV$1,481,748CorporateStockEOYFMVAmt
Corporate Bonds BOY$801,352CorporateBondsBOYAmt
Corporate Bonds EOY$991,425CorporateBondsEOYAmt
Corporate Bonds EOYFMV$912,213CorporateBondsEOYFMVAmt
Other Investments BOY$2,078,408OtherInvestmentsBOYAmt
Other Investments EOY$1,815,157OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,796,830OtherInvestmentsEOYFMVAmt
Total Assets BOY$4,837,058TotalAssetsBOYAmt
Total Assets EOY$4,726,182TotalAssetsEOYAmt
Total Assets EOYFMV$5,002,617TotalAssetsEOYFMVAmt
Accounts Payable BOY$4,954AccountsPayableBOYAmt
Total Liabilities BOY$4,954TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$4,832,104RetainedEarningBOYAmt
Retained Earning EOY$4,726,182RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$4,832,104TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,726,182TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,837,058TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,726,182TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,832,104TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$118,344ExcessRevenueOverExpensesAmt
Other Increases$12,422OtherIncreasesAmt
Subtotal$4,726,182SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,726,182TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtAcquiredAcquiredDtSoldSoldDt
BUSEY BANK - 0964P$430,783$483,421-$52,638-$52,638
BUSEY BANK - 0964P$881,421$842,966$38,455$38,455
ECOFIN GOBAL NORTH AMERICA PIPELINEP$24,844$21,338$3,506$3,5062021-07-292022-03-04
FieldValueIRS element (for citing)
Capital Gain Net Income$15,921CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,620InvestmentIncomeExciseTaxAmt
Subtotal$1,620SubtotalAmt
Tax Based On Investment Income$1,620TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,600EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$6,600TotalPaymentsAndCreditsAmt
Overpayment$4,980OverpaymentAmt
Applied To ES Tax$4,980AppliedToESTaxAmt

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
Org Report Or Register StateFLOrgReportOrRegisterStateCd
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 BooksROBERT O WIESEMANN IIIndividualWithBooksNm
Phone2399392233PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 459AddressLine1Txt
CityCAPTIVACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33924ZIPCd
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
ROBERT O WIESEMANN II
PO BOX 459CAPTIVAFL33924PRESIDENT000.00$0$0$0
KATHY WIESEMANN
PO BOX 459CAPTIVAFL33924SECRETARY000.00$0$0$0
CAROLYN HYDE
2301 CHESTERFIELD AVENUECHARLOTTENC28205DIRECTOR000.00$0$0$0
ELLEN HAYON
928 RICHTER WAYMT PLEASANTSC29464DIRECTOR000.00$0$0$0
GRETCHEN OLWIG
71 HUBBARD ST 2902CHICAGOIL60654DIRECTOR000.00$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$4,843,375AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$407,290AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,250,665TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$5,250,665AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$78,760CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,171,905NetVlNoncharitableAssetsAmt
Minimum Investment Return$258,595MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$258,595MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,620TaxBasedOnInvestmentIncomeAmt
Total Tax$1,620TotalTaxAmt
Distributable Before Adj$256,975DistributableBeforeAdjAmt
Distributable Before Ded$256,975DistributableBeforeDedAmt
Distributable As Adjusted$256,975DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$233,236ExpensesAndContributionsAmt
Qualifying Distributions$233,236QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$256,975DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$25,637ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$31,159ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$56,796TotalExcessDistributionCyovAmt
Qualifying Distributions$233,236QualifyingDistributionsAmt
Applied To Current Year$233,236AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$23,739ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$23,739ExcessDistributionCyovAppCYAmt
Total Corpus$33,057TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$33,057ExcessDistriCyovToNextYrAmt
Excess From Year4$1,898ExcessFromYear4Amt
Excess From Year3$31,159ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerROBERT O WIESEMANN IIContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ST TERESA HIGH SCHOOLBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12710 N WATER STAddressLine1Txt
CityDECATURCityNm
State AbbreviationILStateAbbreviationCd
ZIP62526ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeSUSTAIN THE FUTUREGrantOrContributionPurposeTxt
Amt$232,146Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$232,146TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$25,629ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$91,290ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,598ExclusionAmt
Related Or Exempt Function Incm-$10,677RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$143,517ExclusionAmt
Related Or Exempt Function Incm-$10,677RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$132,840TotalIncomeProducingActyAmt

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)
CategoryTAX PREPCategoryTxt
Amt$2,180Amt
Net Investment Income$1,090NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,090DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondBUSEY BANK 0964BondNm
EOY Book Value$991,425EOYBookValueAmt
EOYFMV$912,213EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockBUSEY BANK 0964StockNm
EOY Book Value$1,075,030EOYBookValueAmt
EOYFMV$1,481,748EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemBUSEY BANK 0964CategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$1,815,157BookValueAmt
EOYFMV$1,796,830EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ADMINISTRATIVE EXPENSES$61$61

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
NONDIVIDEND DISTRIBUTIONS$1,891
BASIS ADJUSTMENT$10,531

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$11,734Amt
Net Investment Income$11,734NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX PAID$3,443$3,443
FEDERAL TAXES PAID$1,620

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