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YMC FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
YMC FOUNDATION INC (EIN 38-4056028)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202333179349101668
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)
Return2023-11-13T08:34:28-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261449853PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PHILLIP M STERN & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12250 59TH ST 2ND FLAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN384056028EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YMC FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYMCFBusinessNameControlTxt
Phone9175478271PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11261 County Line Rd EAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYOMTOV STEINMETZPersonNm
Person TitleFoundation Mgr.PersonTitleTxt
Signature2023-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstYOMTOVPersonFirstNm
Person LastSTEINMETZPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARA TAPIROPreparerPersonNm
PTINP02509438PTIN
Phone7182320770PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$276,104FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$50,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$50,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$63OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$63TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,521ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,521ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$25,584TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,521TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$24,416ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$151,688CashBOYAmt
Cash EOY$176,104CashEOYAmt
Cash EOYFMV$176,104CashEOYFMVAmt
Other Investments BOY$100,000OtherInvestmentsBOYAmt
Other Investments EOY$100,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$100,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$251,688TotalAssetsBOYAmt
Total Assets EOY$276,104TotalAssetsEOYAmt
Total Assets EOYFMV$276,104TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$251,688NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$276,104NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$251,688TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$276,104TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$251,688TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$276,104TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$251,688TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$24,416ExcessRevenueOverExpensesAmt
Subtotal$276,104SubtotalAmt
Tot Net Ast Or Fund Balances EOY$276,104TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
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 Line1YOMTOV STEINMETZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9175478271PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11261 County Line Rd EAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd
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
YOMTOV STEINMETZ
7 JAMES STREETLAKEWOODNJ08701Foundation Mgr.0.50$0
MIRIAM BLEIER
7 JAMES STREETLAKEWOODNJ08701Treasurer0.50$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$140,394AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$140,394TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$140,394AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,106CashDeemedCharitableAmt
Net Vl Noncharitable Assets$138,288NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,914MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,914MinimumInvestmentReturnAmt
Distributable Before Adj$6,914DistributableBeforeAdjAmt
Distributable Before Ded$6,914DistributableBeforeDedAmt
Distributable As Adjusted$6,914DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,521ExpensesAndContributionsAmt
Qualifying Distributions$25,521QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,914DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$3,672ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,355ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$14,451ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$19,522ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$41,000TotalExcessDistributionCyovAmt
Qualifying Distributions$25,521QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,914AppliedToCurrentYearAmt
Remaining Distri From Corpus$18,607RemainingDistriFromCorpusAmt
Total Corpus$59,607TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$59,607ExcessDistriCyovToNextYrAmt
Excess From Year4$3,672ExcessFromYear4Amt
Excess From Year3$3,355ExcessFromYear3Amt
Excess From Year2$14,451ExcessFromYear2Amt
Excess From Year1$19,522ExcessFromYear1Amt
Excess From Current Year$18,607ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Cong L'man Achai
4405 13th AveBrooklynNY11219NOT RELATED501 C(3)Furtherance of charitable activities$2,160
Ohr Nosson
40 12TH STLAKEWOODNJ08701NOT RELATED501 C(3)Furtherance of charitable activities$505
CHABAD OF JACKSON
645 Cross StLakewoodNJ08701NOT RELATEDTO FURTHER JEWISH CASUSES$234
OTHER
OTHERLakewoodNJ08701NOT RELATEDCHARITABLE$5,369
Cong tiferes av
6 TUSCANY TERLAKEWOODNJ08701NOT RELATEDRELIGIOUS INSTITUTION$1,148
hope
hopeLakewoodNJ08701NOT RELATEDCHARITABLE$1,260
Mir Yerushalayim
5225 New Utrecht Ave 1BrooklynNY11219NOT RELATEDEDUCATIONAL ASSISTANCE$360
Tomche Shabbos of Boro Park
6225 New Utrecht AveBrooklynNY11219NOT RELATEDASSISTANCE TO INDIGENT$1,115
Zichron Shlome Refuah Fund
1319 51st StBrooklynNY11219NOT RELATEDASSISTANCE TO INDIGENT$100
BAIS MENACHEM
1460 40TH STBROOKLYNNY11218NOT RELATEDEDUATIONAL INSTITUTION$1,588
CHAI LIFLINE INC
151 W 30TH ST THRIRD FLNEW YORKNY10001NOT RELATEDMEDICAL SERVICES$100
CHABAD OF BAY AREA
1910 CLAIBORNE DRLEAGUE CTYTX77573NOT RELATEDRELIGIOUS INSTITUTION$86
ROFEH CHOLIM CANCER SOCIETY INC
762 BEDFORD AVEBROOKLYNNY11205NOT RELATEDHELP THE SICK$360
TEN YAD KALLAH GEMACH INC
1291 PRESIDENT STBROOKLYNNY11213NOT RELATEDHELP THE NEEDY$515
A TIME
1310 48th St 406BrooklynNY11219NOT RELATEDTo help pay for fertility treatment$198
Keren Ora
761 River AveLakewoodNJ08701NOT RELATEDEDUCATIONAL INSTITUTION$250
Agudath Israel of America
42 Broadway 14th FloorNew YorkNY10004NOT RELATEDRELIGIOUS INSTITUTION$100
Cong Bais Aron
PO Box 57MonseyNY10952NOT RELATEDRELIGIOUS INSTITUTION$180
Bais Medrash L'Torah
613 Madison AveLakewoodNJ08701NOT RELATEDEDUCATIONAL ASSISTANCE$200
Bais Tefilah
409 Edward AveWoodmereNY11598NOT RELATEDRELIGIOUS INSTITUTION$1,350
Beis Yechiel Daleksander
1720 57th StBrooklynNY11204NOT RELATEDRELIGIOUS INSTITUTION$180
Bnos Bracha
1665 Corporate RD WLakewoodNJ08701NOT RELATEDEDUCATIONAL INSTITUTION$90
Bnos Esther Malka
488 Old Whitesville RdLakewoodNJ08701NOT RELATEDEDUCATIONAL INSTITUTION$2,750
Bnos Menachem
739 E New YorkBrooklynNY11203NOT RELATEDEDUCATIONAL INSTITUTIONS$54
Chabad of Briarwood
139-21 Coolidge AveBriarwoodNY11435NOT RELATEDRELIGIOUS INSTITUTION$101
Chabad of KU
1203 W 19th StLawrenceKS66046NOT RELATEDRELIGIOUS INSTITUTION$308
Stolin
1818 54th StBrooklynNY11204NOT RELATEDEDUCATIONAL INSTITUTION$468
Chasdei Avrohom Eliezer
822 Montgomery StBrooklynNY11213NOT RELATEDASSISTANCE TO INDIGENT$54
Chaverim of Central Jersey
139 Carol StLakewoodNJ08701NOT RELATEDCRISIS INTERVENTION$36
Cong Lev Someach Alesk
203 Avenue FBrooklynNY11218NOT RELATEDRELIGIOUS INSTITUTION$100
Cong Bobover Yeshiva
4206 15th AveBrooklynNY11219NOT RELATEDEDUCATIONAL INSTITUTION$18
Cong Chochmas Eliezer
1227 41stBrooklynNY11218NOT RELATEDRELIGIOUS INSTITUTION$100
Darchai Menachem
432 Rutland RdBrooklynNY11203NOT RELATEDEDUCATIONAL INSTITUTION$72
Lubavitch of East Flatbush
305 Remsen AveBrooklynNY11212NOT RELATEDRELIGIOUS INSTITUTION$154
GYE Corp
PO Box 32380PikesvilleMD21282NOT RELATEDCHARITABLE$350
Hatzalah of Orlando
330 W 46th StreetMiami BeachFL33140NOT RELATEDEmergency Medical Responders$54
Keren Hatzedaka
422 Monmouth AveLakewoodNJ08701NOT RELATEDCHARITABLE$708
Mesivta Keren Orah
1500 Pine StLakewoodNJ08701NOT RELATEDEDUCATIONAL INSTITUTION$1,800
Misameach
1880 W County Line RdLakewoodNJ08701NOT RELATEDCHARITABLE$200
Nesivos
681 River Ave Suite 2HLakewoodNJ08701NOT RELATEDCRISIS INTERVENTION$250
Renewal
4721 New Utrecht AveBrooklynNY11219NOT RELATEDMEDICAL SERVICES$72
Tomchei Tzedaka
16 Bridgewood AveLakewoodNJ08701NOT RELATEDASSISTANCE TO INDIGENT$172
Viener Bikur Cholim
199 Ross StBrooklynNY11211NOT RELATEDMEDICAL SERVICES$180
Yeshiva Vyelipol
860 E 27thBrooklynNY11210NOT RELATEDEDUCATIONAL INSTITUTION$72
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,521TotalGrantOrContriPdDurYrAmt

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

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonYOMTOV STEINMETZContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11261 County Line Rd EAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd
FieldValueIRS element (for citing)
Total Contributions$50,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemSiyata Deals Lakewood NJCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$100,000BookValueAmt
EOYFMV$100,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
LICENSE AND PERMITS$61
SUPPLIES$2

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