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YMC FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
YMC FOUNDATION INC (EIN 38-4056028)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-10-07
IRS object ID
202212809349100616
Schema version
2021v4.0
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)
Return2022-10-07T08:17:29-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Line11901 51ST STREET STE 1AAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-10-07SignatureDt
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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYOSSI RICHLERPreparerPersonNm
PTINP02249635PTIN
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)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$251,688FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$80,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$80,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$30OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$30TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$27,829ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$27,829ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$27,859TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$27,829TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$52,141ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$199,547CashBOYAmt
Cash EOY$151,688CashEOYAmt
Cash EOYFMV$151,688CashEOYFMVAmt
Other Investments EOY$100,000OtherInvestmentsEOYAmt
Other Investments EOYFMV$100,000OtherInvestmentsEOYFMVAmt
Total Assets BOY$199,547TotalAssetsBOYAmt
Total Assets EOY$251,688TotalAssetsEOYAmt
Total Assets EOYFMV$251,688TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$199,547NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$251,688NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$199,547TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$251,688TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$199,547TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$251,688TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$199,547TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$52,141ExcessRevenueOverExpensesAmt
Subtotal$251,688SubtotalAmt
Tot Net Ast Or Fund Balances EOY$251,688TotNetAstOrFundBalancesEOYAmt

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$168,666AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$168,666TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$168,666AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,530CashDeemedCharitableAmt
Net Vl Noncharitable Assets$166,136NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,307MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,307MinimumInvestmentReturnAmt
Distributable Before Adj$8,307DistributableBeforeAdjAmt
Distributable Before Ded$8,307DistributableBeforeDedAmt
Distributable As Adjusted$8,307DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$27,829ExpensesAndContributionsAmt
Qualifying Distributions$27,829QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,307DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$3,672ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,355ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$14,451ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$21,478TotalExcessDistributionCyovAmt
Qualifying Distributions$27,829QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,307AppliedToCurrentYearAmt
Remaining Distri From Corpus$19,522RemainingDistriFromCorpusAmt
Total Corpus$41,000TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$41,000ExcessDistriCyovToNextYrAmt
Excess From Year3$3,672ExcessFromYear3Amt
Excess From Year2$3,355ExcessFromYear2Amt
Excess From Year1$14,451ExcessFromYear1Amt
Excess From Current Year$19,522ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Yitzy Sitorsky Gmach
1600 55th StBROOKLYNNY11204NOT RELATED501 C(3)Furtherance of charitable activities$60
CHABAD OF JACKSON
645 Cross StLakewoodNJ08701NOT RELATEDTO FURTHER JEWISH CASUSES$249
OTHER
OTHERLakewoodNJ08701NOT RELATEDCHARITABLE$13,688
Cong tiferes av
6 TUSCANY TERLAKEWOODNJ08701NOT RELATEDRELIGIOUS INSTITUTION$4,894
hope
hopeLakewoodNJ08701NOT RELATEDCHARITABLE$180
Mir Yerushalayim
5225 New Utrecht Ave 1BrooklynNY11219NOT RELATEDEDUCATIONAL ASSISTANCE$360
Tomche Shabbos of Boro Park
6225 New Utrecht AveBrooklynNY11219NOT RELATEDASSISTANCE TO INDIGENT$810
Zichron Shlome Refuah Fund
1319 51st StBrooklynNY11219NOT RELATEDASSISTANCE TO INDIGENT$180
AMUDIM
11 BroadwayNew YorkNY10004NOT RELATEDCRISIS INTERVENTION$180
BAIS MENACHEM
1460 40TH STBROOKLYNNY11218NOT RELATEDEDUATIONAL INSTITUTION$1,000
CHAI LIFLINE INC
151 W 30TH ST THRIRD FLNEW YORKNY10001NOT RELATEDMEDICAL SERVICES$103
CHABAD OF BAY AREA
1910 CLAIBORNE DRLEAGUE CTYTX77573NOT RELATEDRELIGIOUS INSTITUTION$360
ROFEH CHOLIM CANCER SOCIETY INC
762 BEDFORD AVEBROOKLYNNY11205NOT RELATEDHELP THE SICK$234
TEN YAD KALLAH GEMACH INC
1291 PRESIDENT STBROOKLYNNY11213NOT RELATEDHELP THE NEEDY$450
CONG WOODRIDGE KOLLEL INC
PO BOX 562WOODRIDGENY12789NOT RELATEDRELIGIOUS INSTITUTION$180
YAD YOSEF
199 LEE AVE UNIT 453BROOKLYNNY11211NOT RELATEDEDUCATIONAL INSTITUTION$361
OZER DALIM FAMILY ASSIST
37 SATMAR DR UNIT 202MONROENY10950NOT RELATEDHELP THE POOR$250
OHR NOSSON INC
40 12TH STLAKEWOODNJ08701NOT RELATEDTO HELP AND MENTOR THE CHALLANGED STUDENTS$540
HEICHAL MENACHEM OF LAKEWOOD
814 E COUNTY LINE RDLAKEWOODNJ08701NOT RELATEDEDUCATIONAL INSTITUTION$3,600
FRIENDS OF UNITED HATZALAH INC
208 EAST 51ST STREET SUITE 303NEW YORKNY10022NOT RELATEDTO PERVIDE ASSISTANCE IN MEDICAL EMERGENCYS$150
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$27,829TotalGrantOrContriPdDurYrAmt

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$80,000TotalContributionsAmt
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

FieldValueIRS element (for citing)
DescBANK FEESDesc
Revenue And Expenses Per Books$30RevenueAndExpensesPerBooksAmt

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