RAK CHARITABLE FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- RAK CHARITABLE FOUNDATION (EIN 20-0489700)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-06
- IRS object ID
- 202343109349100874
- 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
- Form 990-PF
- Schedule B
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T17:03:38-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 200538555 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOHLHAGEN NEIMAN & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 297 SOUTH WASHINGTON AVE - SUITE 2 | AddressLine1Txt |
| City | BERGENFIELD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 076213789 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200489700 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAK CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAKC | BusinessNameControlTxt |
| Phone | 2013851100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 ELYISE ROAD | AddressLine1Txt |
| City | MONSEY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10952 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ABRAHAM KATZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2013851100 | PhoneNum |
| Signature | 2023-11-06 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ABRAHAM | PersonFirstNm |
| Person Last | KATZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | ISRAEL M NEIMAN CPA | PreparerPersonNm |
| PTIN | P00362553 | PTIN |
| Phone | 2013851100 | PhoneNum |
| Preparation | 2023-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $671,905 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $352,586 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $6,930 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,930 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,735 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $439,412 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $386,765 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $361,251 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $393,695 | TotalNetInvstIncmAmt |
| Taxes Rev And Expnss | $2,443 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $114 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $114 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $2,557 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $114 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $464,429 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $464,429 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $466,986 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $114 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $464,429 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$105,735 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $393,581 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $73,136 | CashBOYAmt |
| Cash EOY | $64,189 | CashEOYAmt |
| Cash EOYFMV | $64,189 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $862 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $106,176 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $106,176 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $242,300 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $232,300 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $242,300 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $232,300 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $456,459 | CorporateStockBOYAmt |
| Corporate Stock EOY | $253,116 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $267,240 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $2,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $764,757 | TotalAssetsBOYAmt |
| Total Assets EOY | $667,781 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $671,905 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $2,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $10,759 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,759 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $762,757 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $657,022 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $762,757 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $657,022 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $764,757 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $667,781 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $762,757 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$105,735 | ExcessRevenueOverExpensesAmt |
| Subtotal | $657,022 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $657,022 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC | D | 2001-09-18 | 2022-06-02 | $170,062 | $26,004 | $144,058 | $144,058 |
| JPMORGAN CHASE & CO | D | 2017-01-09 | 2022-11-02 | $121,763 | $17,309 | $104,454 | $104,454 |
| MODERNA INC | D | 2019-08-01 | 2022-12-15 | $147,587 | $9,334 | $138,253 | $138,253 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $386,765 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,471 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,471 | SubtotalAmt |
| Tax Based On Investment Income | $5,471 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $7,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,500 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $110 | EsPenaltyAmt |
| Overpayment | $1,919 | OverpaymentAmt |
| Applied To ES Tax | $1,919 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| 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 |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | ABRAHAM KATZ | IndividualWithBooksNm |
| Phone | 2013851100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 ELYISE RD | AddressLine1Txt |
| City | MONSEY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10952 | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ABRAHAM KATZ | ||||||||
| 8 ELYISE RD | MONSEY | NY | 10952 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| RISA KATZ | ||||||||
| 8 ELYISE RD | MONSEY | NY | 10952 | VICE PRESIDE | 0.10 | $0 | $0 | $0 |
| 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 | TO AWARD GRANTS TO EXEMPT CHARITABLE ORGANIZATIONS WHO QUALIFY UNDER IRC SECTION 501(C)3 EXEMPT ORGANIZATION STATUS | Description1Txt |
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 | $296,088 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $51,092 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $242,300 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $589,480 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $589,480 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,842 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $580,638 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $29,032 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $29,032 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,471 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,471 | TotalTaxAmt |
| Distributable Before Adj | $23,561 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $23,561 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $23,561 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $464,429 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $464,429 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $23,561 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $783,089 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $783,089 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $464,429 | QualifyingDistributionsAmt |
| Applied To Current Year | $23,561 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $440,868 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,223,957 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,223,957 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $783,089 | ExcessFromYear1Amt |
| Excess From Current Year | $440,868 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ABRAHAM KATZ | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $464,429 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $464,429 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,930 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,735 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $8,665 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,665 | TotalIncomeProducingActyAmt |
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 (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ABRAHAM RISA KATZ | |||||||
| 1 | 8 ELYSE DR | MONSEY | NY | 10952 | $260,267 | Yes (X) | Yes (X) |
| KATZ 2014 CLAT | |||||||
| 2 | 8 ELYSE DR | MONSEY | NY | 10952 | $24,445 | Yes (X) | |
| KATZ 2015 CLAT | |||||||
| 3 | 8 ELYSE DR | MONSEY | NY | 10952 | $30,580 | Yes (X) | |
| KATZ 2016 CLAT | |||||||
| 4 | 8 ELYSE DR | MONSEY | NY | 10952 | $29,995 | Yes (X) | |
| KATZ 2017 CLAT | |||||||
| 5 | 8 ELYSE DR | MONSEY | NY | 10952 | $7,299 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | BERKSHIRE HATHAWAY INC | NoncashPropertyDesc |
| Fair Market Value | $210,267 | FairMarketValueAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | JP MORGAN 2746 EQUITIES | StockNm |
| EOY Book Value | $253,116 | EOYBookValueAmt |
| EOYFMV | $267,240 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ORGANIZATION COST | Desc |
| BOY Book Value | $2,000 | BOYBookValueAmt |
| EOY Book Value | $2,000 | EOYBookValueAmt |
| EOYFMV | $2,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| OFFICE EXPENSES | $114 | $114 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| LOANS PAYABLE | $2,000 | $2,000 |
| GRANT PAYABLE | $8,759 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (7 entries)
| Insider RelationshipInsiderRelationshipTxt | Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt |
|---|---|---|---|---|---|---|---|---|
| CHAVIE KATZ | ||||||||
| MOTHER | $10,000 | $20,000 | 2006-02 | 2020-01 | LUMP SUM REPAYMENT | 0.0000 | YES | EMERGENCY LOAN |
| MEYER KOHN | ||||||||
| BROTHER IN LAW | $4,000 | $4,000 | 2009-12 | 2020-12 | LUMP SUM REPAYMENT | 0.0000 | YES | EMERGENCY LOAN |
| GOLUMBECK | ||||||||
| NONE | $10,000 | $6,700 | 2012-05 | 2013-05 | MONTHLY REPAYMENTS | 0.0000 | YES | |
| MENDY KATZ | ||||||||
| BROTHER | $100,000 | $90,000 | 2016-10 | LUMP SUM REPAYMENT | 0.0000 | YES | EMERGENCY LOAN | |
| RABBI GELLEY | ||||||||
| NONE | $4,000 | $12,600 | 2017-06 | 2022-06 | LUMP SUM REPAYMENT | 0.0000 | YES | |
| BORUCH ABRAMOFF | ||||||||
| BROTHER IN LAW | $100,000 | $59,000 | 2018-12 | 2022-04 | 40 MONTHLY PAYMENTS | 0.0000 | YES | EMERGENCY LOAN |
| RIVKA KOHN | ||||||||
| SISTER | $50,000 | $50,000 | 2018-05 | 2023-05 | LUMP SUM REPAYMENT | 0.0000 | YES | EMERGENCY LOAN |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | IRS | CategoryTxt |
| Amt | $2,443 | Amt |
Comments