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SALT & LIGHT CHARITABLE WORKS FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SALT & LIGHT CHARITABLE WORKS FOUNDATION INC (EIN 83-2319617)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-01-27
IRS object ID
202210279349100606
Schema version
2020v4.0
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)
Return2022-01-27T11:36:09-06:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112459188PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CULLEN & DANOWSKI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11650 ROUTE 112AddressLine1Txt
CityPORT JEFFERSON STACityNm
State AbbreviationNYStateAbbreviationCd
ZIP117763060ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832319617EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SALT & LIGHT CHARITABLE WORKSBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSALTBusinessNameControlTxt
Phone6314733400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 TINKER BLUFF COURTAddressLine1Txt
CitySETAUKETCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11733ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTERESA RAINONEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6314733400PhoneNum
Signature2022-01-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTERESAPersonFirstNm
Person LastRAINONEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES DANOWSKI CPAPreparerPersonNm
PTINP00036673PTIN
Phone6314733400PhoneNum
Preparation2022-01-18PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$404,348FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$502,692ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$11,509DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,509DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,509DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$9,086NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$78,223GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$8,223CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$523,287TotalRevAndExpnssAmt
Total Net Invst Incm$19,732TotalNetInvstIncmAmt
Total Adj Net Incm$11,509TotalAdjNetIncmAmt
Other Expenses Rev And Expnss$63OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$63OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$63TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$63TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$167,250ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$167,250ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$167,313TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$63TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$167,250TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$355,974ExcessRevenueOverExpensesAmt
Net Investment Income$19,669NetInvestmentIncomeAmt
Adjusted Net Income$11,509AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$40,485CashBOYAmt
Cash EOY$10,467CashEOYAmt
Cash EOYFMV$10,467CashEOYFMVAmt
Sav And Temp Cash Invst EOY$45,631SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$45,631SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$340,361CorporateStockEOYAmt
Corporate Stock EOYFMV$348,250CorporateStockEOYFMVAmt
Total Assets BOY$40,485TotalAssetsBOYAmt
Total Assets EOY$396,459TotalAssetsEOYAmt
Total Assets EOYFMV$404,348TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$40,485NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$396,459NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$40,485TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$396,459TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$40,485TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$396,459TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$40,485TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$355,974ExcessRevenueOverExpensesAmt
Subtotal$396,459SubtotalAmt
Tot Net Ast Or Fund Balances EOY$396,459TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$8,223CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$273InvestmentIncomeExciseTaxAmt
Subtotal$273SubtotalAmt
Tax Based On Investment Income$273TaxBasedOnInvestmentIncomeAmt
Tax Due$273TaxDueAmt

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 StateNYOrgReportOrRegisterStateCd
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 BooksSALT LIGHT CHARITABLE WORKSIndividualWithBooksNm
Phone6318483157PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line111 TINKER BLUFF CTAddressLine1Txt
CitySETAUKETCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11733ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TERESA RAINONE
11 TINKER BLUFF CTSETAUKETNY11733PRESIDENT2.00$0$0$0
HESHAM ATWA
11 TINKER BLUFF CTSETAUKETNY11733SECRETARY1.00$0$0$0
SIMONE ATWA
11 TINKER BLUFF CTSETAUKETNY11733TREASURER1.00$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$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$273TaxBasedOnInvestmentIncomeAmt
Total Tax$273TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$167,250ExpensesAndContributionsAmt
Qualifying Distributions$167,250QualifyingDistributionsAmt
Adjusted Qualifying Distri$167,250AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$45,000ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$159,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$204,500TotalExcessDistributionCyovAmt
Qualifying Distributions$167,250QualifyingDistributionsAmt
Treated As Distri From Corpus$167,250TreatedAsDistriFromCorpusAmt
Total Corpus$371,750TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$167,250CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov To Next Yr$204,500ExcessDistriCyovToNextYrAmt
Excess From Year1$37,250ExcessFromYear1Amt
Excess From Current Year$167,250ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
INFANT JESUS PARISH SOCIAL MINISTRY
110 HAWKINS STPORT JEFFERSONNY11777DONATION$15,000
AMERICAN RED CROSS
2025 E ST NWWASHINGTONDC20006DONATION$5,000
SBA LIST EDUCATIONAL FUND
2800 SHIRLINGTON RDARLINGTONVA22206DONATION$5,000
CAPUCHIN FRANCISCANS OF PROVINCE
30 GEDNEY PARK DRWHITE PLAINSNY10605DONATION$15,000
SAINT LAWRENCE SEMINARY
301 CHURCH STMT CALVARYWI53057DONATION$10,000
CITYMEALS ON WHEELS
355 LEXINGTON AVENEW YORKNY10017DONATION$15,000
CATHOLIC LEAGUE
450 SEVENTH AVENEW YORKNY10123DONATION$10,000
PRIESTS OF SACRED HEART- SH SOUTH
6050 HWY 161WALLSMS38680DONATION$25,000
THE CARDINAL NEWMAN SOCIETY
9415 WEST STMANASSASVA20110DONATION$10,000
ROSARY CENTER
1331 NE 3RD AVEPORTLANDOR97232DONATION$5,000
SALOWA SIDDIQUE
100 NICOLLS RDSTONY BROOKNY11794DONATION$10,000
BENEDICTINE MONKS
12605 224TH AVEBENET LAKEWI53102DONATION$5,000
REVEREND DANIEL NEYOH
400 MAIN STREETHUNTINGTONNY11743DONATION$10,000
FR ANTHONY EWHERIDO
110 HAWKINS STPORT JEFFERSONNY11777DONATION$20,000
LONG ISLAND CARES
10 DAVIDS DRHAUPPAUGENY11788DONATION$5,000
SETAUKET FIRE DEPARTMENT
190 MAIN STSETAUKETEAST SETAUKETNY11733DONATION$1,000
CATHOLIC CENTER
238 THOMPSON STNEW YORKNY10012DONATION$750
DYNAMIC CATHOLIC
5081 OLYMPIC BLVDERLANGERKY41018DONATION$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$167,250TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11,509RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,086RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$20,595RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$20,595TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
HESHAM ATWA
111 TINKER BLUFF CTSETAUKETNY11733$251,346Yes (X)
TERESA RAINONE
211 TINKER BLUFF CTSETAUKETNY11733$251,346Yes (X)

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
MAINSTAY MACKAY HIGH YIELD2020-08PURCHASE2020-12$20,000$19,607$393
MAINSTAY FLOATING RATE FUND2020-08PURCHASE2020-12$20,000$19,382$618
AMERICAN BOND FUND OF AMERICA2020-08PURCHASE2020-12$30,000$30,148-$148

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
MAINSTAY CANDRIAM EMERGING MARKETS$16,294$15,563
MAINSTAY MAC KAY HIGH YIELD$66,001$68,164
MAINSTAY FLOATING RATE FUND$19,621$20,426
AMERICAN HIGH INCOME$62,201$67,931
AMERICAN BOND FUND OF AMERICA$73,390$69,273
AMERICAN INTERMEDIATE BONDOF AMERICA$46,070$44,679
PUTNAM GLOBAL HEALTH FUND$56,784$62,214

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES$63$63

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