THE BLACK HORSE FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE BLACK HORSE FOUNDATION INC (EIN 23-2725907)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-13
- IRS object ID
- 202221339349101347
- Schema version
- 2021v4.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T13:24:38-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 203907569 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GATTUSO GROUP INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 WYOMING AVENUE | AddressLine1Txt |
| City | FORTY FORT | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232725907 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BLACKHORSE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BLAC | BusinessNameControlTxt |
| Phone | 5708221151 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 454 SOUTH MAIN STREET | AddressLine1Txt |
| City | WILKESBARRE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD W SIMMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5708221151 | PhoneNum |
| Signature | 2022-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RONALD | PersonFirstNm |
| Person Last | SIMMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES J GATTUSO JR CPA | PreparerPersonNm |
| PTIN | P00018917 | PTIN |
| Phone | 5707184120 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,486,145 | 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 | $328,642 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $465 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $465 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $162,090 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $162,090 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $3,375 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,375 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$655 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $117,168 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $260,541 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $117,651 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $611,740 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $283,581 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,311 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,311 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $258 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $258 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,970 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,461 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,539 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,030 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $470,050 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $470,050 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $474,589 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,030 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $470,050 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $137,151 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $279,551 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $118,831 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $167,342 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $167,342 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,216,354 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,137,267 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,318,803 | CorporateStockEOYFMVAmt |
| Land Bldg Investments BOY | $24,907 | LandBldgInvestmentsBOYAmt |
| Total Assets BOY | $1,360,092 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,304,609 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,486,145 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,360,092 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,304,609 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,360,092 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,304,609 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,360,092 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,304,609 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,360,092 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $137,151 | ExcessRevenueOverExpensesAmt |
| Other Increases | $56,629 | OtherIncreasesAmt |
| Subtotal | $1,553,872 | SubtotalAmt |
| Other Decreases | $249,263 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,304,609 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | DepreciationDepreciationAmt |
|---|---|---|---|---|---|---|---|---|
| 225 COMMUNITY BK SYS | D | 2004-06-15 | 2021-05-06 | $17,982 | $1,092 | $16,890 | $16,890 | |
| 2000 ENERGY TRANSFER | D | 1993-10-13 | 2021-05-21 | $19,619 | $35,000 | -$15,381 | -$15,381 | |
| FRAC VMWARE INC CL A | P | 2008-07-21 | 2021-11-12 | $16 | $4 | $12 | $12 | |
| 5904 AMERICAN MOVIL | D | 2001-02-08 | 2021-10-05 | $103,220 | $60,446 | $42,774 | $42,774 | |
| 1256 COMMUNITY BK SYS | D | 2021-05-04 | 2021-05-06 | $100,379 | $893 | $99,486 | $99,486 | |
| FRAC VMWARE INC CL A | P | 1995-02-03 | 2021-11-02 | $75 | $6 | $69 | $69 | |
| REAL ESTATE | D | 2014-01-01 | 2021-10-21 | $19,000 | $47,877 | -$26,449 | -$26,449 | $2,428 |
| CAPITAL GAINS DIVIDENDS | P | $250 | $250 | $250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $117,651 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,886 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,886 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,886 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,211 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,211 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,675 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | RONALD W SIMMS | IndividualWithBooksNm |
| Phone | 5708221151 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 454 MAIN STREET | AddressLine1Txt |
| City | WILKESBARRE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| RONALD W SIMMS | ||||||||
| 454 SOUTH MAIN STREET | WILKESBARRE | PA | 18701 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| RHEA P SIMMS | ||||||||
| 454 SOUTH MAIN STREET | WILKESBARRE | PA | 18701 | SECRETARY | 5.00 | $0 | $0 | $0 |
| RICHARD A ROSE | ||||||||
| 454 SOUTH MAIN STREET | WILKESBARRE | PA | 18701 | TREASURER | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,550,641 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $234,197 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,784,838 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,784,838 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $116,773 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,668,065 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $383,403 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $383,403 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,886 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $1,231 | IncomeTaxAmt |
| Total Tax | $5,117 | TotalTaxAmt |
| Distributable Before Adj | $378,286 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $378,286 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $378,286 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $470,050 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $470,050 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $378,286 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $80,481 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $80,481 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $470,050 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $378,286 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $91,764 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $172,245 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $172,245 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $80,481 | ExcessFromYear1Amt |
| Excess From Current Year | $91,764 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RONALD W SIMMS | ContributingManagerNm |
| Contributing Manager | RHEA P SIMMS | ContributingManagerNm |
| Contributing Manager | RICHARD A ROSE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADOPT A FAMILY OF THE PALM BEACHES | |||||||
| 1712 2ND AVE N | LAKE WORTH | FL | 33460 | NONE | PUBLIC | CHARITABLE | $1,000 |
| ALLIED SERVICES FOUNDATION-STEVE DAVISOVITZ-RYANS RUN | |||||||
| 100 ABINGTON IND PARK | CLARKS SUMMIT | PA | 18411 | NONE | PUBLIC | CHARITABLE | $100 |
| AMERICAN CANCER SOCIETY | |||||||
| 71 N FRANKLIN ST STE 110 | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $1,000 |
| AMERICAN HEART ASSOCIATION-NEPA GO RED | |||||||
| 444 LIBERTY AVE STE 1300 | PITTSBURGH | PA | 15222 | NONE | PUBLIC | CHARITABLE | $1,000 |
| ANNUNCIATION GREEK ORTHODOX CHURCH | |||||||
| 32 E ROSS ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $1,000 |
| ARTHRITIS FOUNDATION | |||||||
| 57 N FRANKLIN ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $100 |
| BACK MOUNTAIN MEMORIAL LIBRARY | |||||||
| 96 HUNTSVILLE RD | DALLAS | PA | 18612 | NONE | PUBLIC | CHARITABLE | $100 |
| BACK MOUNTAIN POLICE ASSOCIATION | |||||||
| PO BOX 1731 | SHAVERTOWN | PA | 18708 | NONE | PUBLIC | CHARITABLE | $100 |
| BENEVENTO-MAYO FOUNDATION | |||||||
| 1575 WYOMING AVE | FORTY FORT | PA | 18704 | NONE | PUBLIC | CHARITABLE | $1,000 |
| BLOOMSBURG UNIVERSITY-BLOOMON-MEMORIAL MARY ALBANO | |||||||
| 50 E MAIN ST 4TH FL | BLOOMSBURG | PA | 178151301 | NONE | PUBLIC | CHARITABLE | $1,000 |
| CASA OF LUZERNE COUNTY | |||||||
| 667 N RIVER ST | PLAINS | PA | 18705 | NONE | PUBLIC | CHARITABLE | $5,000 |
| CENTER FOR EXCELLENCE IN EDUCATION | |||||||
| 8201 GREENSBORO DR STE 215 | MCLEAN | VA | 22102 | NONE | PUBLIC | CHARITABLE | $10,000 |
| CHILDREN SERVICE CENTER | |||||||
| 335 S FRANKLIN ST | WILKESBARRE | PA | 18702 | NONE | PUBLIC | CHARITABLE | $50,000 |
| CITY OF WILKES-BARRE-4TH OF JULY CELEBRATION | |||||||
| 40 E MARKET ST | WILKESBARRE | PA | 18711 | NONE | PUBLIC | CHARITABLE | $1,000 |
| CITY OF WILKES-BARRE-SANTA PARADE | |||||||
| 40 E MARKET ST | WILKESBARRE | PA | 18711 | NONE | PUBLIC | CHARITABLE | $1,000 |
| CONNECTIONS EDUCTIONS CENTER | |||||||
| 1310 OLD CONGRES AVE STE 100 | WEST PALM BEACH | FL | 33409 | NONE | PUBLIC | CHARITABLE | $1,000 |
| DREXEL UNIVERSITY | |||||||
| 3141 CHESTNUT ST STE 301 | PHILADELPHIA | PA | 19104 | NONE | PUBLIC | CHARITABLE | $225,000 |
| FAMILY SERVICE ASSOCIATION | |||||||
| 31 W MARKET ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $100 |
| FINE ARTS FIESTA | |||||||
| PO BOX 2053 | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $1,000 |
| FORK OVER LOVE | |||||||
| 345 MARKET ST | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $500 |
| FRANKLIN & MARSHALL | |||||||
| 415 HARRISBURG AVE | LANCASTER | PA | 17603 | NONE | PUBLIC | CHARITABLE | $1,000 |
| GEISINGER HEALTH FOUNDATION | |||||||
| 100 N ACADEMY AVE | DANVILLE | PA | 17822 | NONE | PUBLIC | CHARITABLE | $3,000 |
| HAZLETON ROTARY SCHOLARSHIP FUND | |||||||
| 8 W BROAD ST STE 50 | HAZLETON | PA | 18201 | NONE | PUBLIC | CHARITABLE | $1,000 |
| JOHNS HOPKINS INSTITUTE | |||||||
| 600 N WOLFE ST | BALTIMORE | MD | 21287 | NONE | PUBLIC | CHARITABLE | $1,000 |
| KINGSTON POLICE DEPARTMENT | |||||||
| 500 WYOMING AVE | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $1,000 |
| KINGSTON FIRE DEPARTMENT | |||||||
| 600 WYOMING AVE | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $1,000 |
| LUZERNE COUNTY HISTORICAL | |||||||
| 49 S FRANKLIN ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $200 |
| LUZERNE COUNTY RIVERFRONT PARKS | |||||||
| 56 PUBLIC SQUARE | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $30,000 |
| NORTH BRANCH LAND TRUST | |||||||
| 11 CARVERTON RD | TRUCKSVILLE | PA | 18708 | NONE | PUBLIC | CHARITABLE | $1,000 |
| NORTHWEST QUARTERBACK CLUB | |||||||
| PO BOX 6 | SHICKSHINNY | PA | 18655 | NONE | PUBLIC | CHARITABLE | $500 |
| OSTERHOUT LIBRARY | |||||||
| 71 S FRANKLIN ST | WILKESBARRE | PA | 18702 | NONE | PUBLIC | CHARITABLE | $500 |
| PAN MASS CHALLENGE-DANA FARBER CANCER INSTITUTE | |||||||
| 77 FOURTH AVE | NEEDHAM | MA | 02494 | NONE | PUBLIC | CHARITABLE | $5,000 |
| SAFE (AUTISM SUPPORT) | |||||||
| 275 MUNDY ST 201 | WILKESBARRE | PA | 18702 | NONE | PUBLIC | CHARITABLE | $100 |
| SPIN | |||||||
| 10501 DRUMMOND RD | PHILADELPHIA | PA | 19154 | NONE | PUBLIC | CHARITABLE | $500 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL | |||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 38105 | NONE | PUBLIC | CHARITABLE | $5,500 |
| ST JOSEPH MARELLO PARISH | |||||||
| 237 WILLIAMS ST | PITTSTON | PA | 18640 | NONE | PUBLIC | CHARITABLE | $1,000 |
| ST VINCENT DE PAUL SOUP KITCHEN | |||||||
| 39 E JACKSON ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $1,000 |
| SUSAN G KOMEN FOUNDATION | |||||||
| 125 N WASHINGTON AVE STE 260 | SCRANTON | PA | 18503 | NONE | PUBLIC | CHARITABLE | $1,000 |
| THE ROONEY GOLF FOUNDATION | |||||||
| 1111 N CONGRESS AVE | WEST PALM BEACH | FL | 33409 | NONE | PUBLIC | CHARITABLE | $1,000 |
| UNITED WAY | |||||||
| 7525 HICKOEY HILLS CT | WHITE CREEK | TN | 37189 | NONE | PUBLIC | CHARITABLE | $2,000 |
| VOLUNTEERS IN MEDICINE | |||||||
| 190 N PENNSYLVANIA AVE | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $5,000 |
| WILKES UNIVERSITY-PSC SCHOLARSHIP FUND | |||||||
| 84 W SOUTH ST | WILKESBARRE | PA | 18766 | NONE | PUBLIC | CHARITABLE | $101,000 |
| WILKES UNIVERSITY-SORDONI ART GALLERY | |||||||
| 141 S MAIN ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $1,000 |
| WOMEN IN AVIATION NEPA | |||||||
| 2001 WYOMING AVE | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $1,000 |
| WYOMING SEMINARY | |||||||
| 201 N SPRAGUE AVE | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $500 |
| WYOMING SEMINARY-DAVE CORSONDR PAUL GRIESMER | |||||||
| 201 N SPRAGUE AVE | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $1,000 |
| WYOMING SEMINARY-DOUGLAS MASLOW MEMORIAL | |||||||
| 201 N SPRAGUE AVE | KINGSTON | PA | 18704 | NONE | PUBLIC | CHARITABLE | $1,000 |
| WYOMING VALLEY ART LEAGUE | |||||||
| 130 S FRANKLIN ST | WILKESBARRE | PA | 18701 | NONE | PUBLIC | CHARITABLE | $1,000 |
| WYOMING VALLEY CHILDREN ASSOCIATION | |||||||
| 1135 WYOMING AVE | FORTY FORT | PA | 18704 | NONE | PUBLIC | CHARITABLE | $250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $470,050 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $465 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $162,090 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | -$655 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $117,168 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$655 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $279,723 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $279,068 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| RICHARD A AND VIRGINIA ROSE | |||||||
| 1 | 225 OLDFIELD ROAD | SHAVERTOWN | PA | 18708 | $60,000 | Yes (X) | |
| MARGARET SIMMS | |||||||
| 2 | 743 SUTTON ROAD | SHAVERTOWN | PA | 18708 | $49,990 | Yes (X) | |
| RICHARD A AND VIRGINIA ROSE | |||||||
| 3 | 225 OLDFIELD ROAD | SHAVERTOWN | PA | 18708 | $118,362 | Yes (X) | |
| RONALD W AND RHEA P SIMMS | |||||||
| 4 | 12940 BRYNWOOD | PALM BEACH GARDENS | FL | 33418 | $100,290 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | 673 COMMUNITY BK SYSTEMS | $49,990 | 2021-12-31 |
| 3 | 1481 COMMUNITY BK SYSTEMS | $118,362 | 2021-05-31 |
| 4 | 1000 MORGAN STANLEY | $100,290 | 2021-12-31 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Prior Year DepreciationPriorYearDepreciationAmt | LifeLifeRt |
|---|---|---|---|---|---|---|---|
| LAND | 2014-01-01 | $15,000 | L | $0 | $0 | ||
| BUILDING | 2014-01-01 | $12,077 | SL | $258 | $258 | $2,170 | 39.000000000000 |
| LAND - DEMOLITION | 2021-09-28 | $20,800 | L | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (24 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| M&T BANK CORP | $96,811 | $1,789,207 |
| AMERICA MOVIL | $39,543 | $1,477,700 |
| INGERSOLL RAND | $12,358 | $109,139 |
| AIR PRODUCTS | $307,324 | $1,521,300 |
| CA WATER SERVICE GROUP | $52,100 | $215,580 |
| QUALCOMM | $36,917 | $182,870 |
| CCNFB | $34,029 | $53,000 |
| PROCTOR AND GAMBLE | $54,630 | $163,580 |
| ENERGY TRANSFER LP | $135,825 | $905,300 |
| AECOM | $9,287 | $34,885 |
| PHILLIPS 66 | $9,509 | $28,984 |
| COMMUNITY BANK SYST | $19,782 | $303,655 |
| DELL TECHNOLOGIES | $6,668 | $74,538 |
| CDK GLOBAL INC | $2,574 | $6,929 |
| FORD MOTOR COMPANY | $53,410 | $103,850 |
| LAS VEGAS SANDS CORP | $354 | $3,199 |
| L3 TECHNOLOGIES | $137,524 | $554,424 |
| UGI CORP NEW | $35,023 | $57,388 |
| WP CAREY INC | $13,607 | $63,179 |
| WENDYS | $12,355 | $60,818 |
| CORTEVA INC | $2,852 | $39,384 |
| TRANE TECHNOLOGIES | $42,636 | $404,060 |
| MORGAN STANLEY | $14,129 | $98,160 |
| VMWARE INC | $8,020 | $67,674 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRIBUTIONS OF SECURITIES RECORDED ON COST BASIS | Desc |
| Amt | $249,263 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OTHER EXPENSE - K-1 ENERGY TRANSFER LP | $127 | $0 | $0 |
| OTHER EXPENSE - K-1 USAC | $1 | $0 | $0 |
| OTHER EXPENSE - K-1 ENERGY TRANSFER LP | $1 | $0 | $0 |
| PROFESSIONAL FEES | $350 | $0 | $0 |
| BANK FEES | $25 | $0 | $0 |
| OTHER EXPENSE - K-1 SUNOCO LP | $5 | $0 | $0 |
| INSURANCE | $1,052 | $1,052 | $0 |
| UTILITIES | $409 | $409 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK DIFFERENCE IN BASIS OF INVESTMENTS | Desc |
| Amt | $56,629 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | REAL ESTATE TAXES | CategoryTxt |
| Amt | $2,311 | Amt |
| Net Investment Income | $2,311 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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