UPMOBILITY FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- UPMOBILITY FOUNDATION INC (EIN 47-1689125)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-13
- IRS object ID
- 202231339349103168
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T13:06:53-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161226221 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUST CHARLES CHAMBERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5784 WIDEWATERS PARKWAY | AddressLine1Txt |
| City | SYRACUSE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13214 | 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 | 471689125 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UPMOBILITY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UPMO | BusinessNameControlTxt |
| Phone | 3158232200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 28 WAVERLY PL | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL SCIOTTI | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3158232200 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | SCIOTTI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS J GIUFRE | PreparerPersonNm |
| PTIN | P00841958 | PTIN |
| Phone | 3154463600 | PhoneNum |
| Preparation | 2022-05-12 | PreparationDt |
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 | $18,205,955 | 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 | $4,148,800 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $654 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $654 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $89,192 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $89,192 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,690,450 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,136,476 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,690,450 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $7,929,096 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,780,296 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $47,100 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $47,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $95,857 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $251 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $0 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,481 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,929 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $162,089 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,929 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $47,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,340,723 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,340,723 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,502,812 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,929 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,387,723 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $5,426,284 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,773,367 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,668,124 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $499,139 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $499,139 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $316,326 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,762,795 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,706,816 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,984,450 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,261,934 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,205,955 | 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 | $3,984,450 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,261,934 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,984,450 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,261,934 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,984,450 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,261,934 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,984,450 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $5,426,284 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,410,734 | SubtotalAmt |
| Other Decreases | $4,148,800 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,261,934 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 5396 GOLDMAN SACHS ST COV SECURITIES | D | 2021-01-29 | 2021-09-15 | $146,734 | $130,319 | $16,415 | $16,415 |
| 8715 GOLDMAN SACHS ST COV SECURITIES | D | 2021-08-31 | 2021-12-27 | $1,007,047 | $1,010,033 | -$2,986 | -$2,986 |
| 8715 GOLDMAN SACHS LT COV SECURITIES | D | 2015-01-18 | 2021-01-28 | $190,024 | $194,839 | -$4,815 | -$4,815 |
| 8715 GOLDMAN SACHS LT NON-COV SECURITIES | D | 2009-11-26 | 2021-01-28 | $1,919,321 | $110,835 | $1,808,486 | $1,808,486 |
| CHARLES SCHWAB- 5773 | D | 2021-05-10 | 2021-12-10 | $1,873,350 | $1,873,350 | $1,873,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,690,450 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,886,779 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $52,450 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $52,450 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $52,450 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $51,143 | 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 | $51,143 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $30 | EsPenaltyAmt |
| Tax Due | $1,337 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | 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 | ROCK CITY CENTRE HOLDINGS LLC | IndividualWithBooksNm |
| Phone | 3158232200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 690 EAST MAIN STREET | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| MARTIN BABINEC | ||||||||
| 28 WAVERLY PL | LITTLE FALLS | NY | 13365 | DIRECTOR/PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| ANDREA BABINEC | ||||||||
| 28 WAVERLY PL | LITTLE FALLS | NY | 13365 | ADVISOR | 1.00 | $0 | $0 | $0 |
| KEVIN LANGLEY | ||||||||
| 5949 GOODWOOD AVENUE | BATON ROUGE | LA | 70806 | SECRETARY/ EXECUTIVE DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHAEL SCIOTTI | ||||||||
| 1401 CLAYTON MANOR DRIVE | LIVERPOOL | NY | 13088 | CHIEF FINANCIAL OFFICER | 1.00 | $0 | $0 | $0 |
| PEGGY O'SHEA | ||||||||
| 194 DOVER ROAD | BARNEVELD | NY | 13304 | DIRECTOR | 1.00 | $47,100 | $0 | $0 |
| KRISTA BABINEC | ||||||||
| 28 WAVERLY PL | LITTLE FALLS | NY | 13365 | ADVISOR | 1.00 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,793,173 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,325,330 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,118,503 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,118,503 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $241,778 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,876,725 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $793,836 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $793,836 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $52,450 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $52,450 | TotalTaxAmt |
| Distributable Before Adj | $741,386 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $741,386 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $741,386 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,387,723 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,387,723 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $741,386 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $150,479 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $9,003 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $91,788 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $167,828 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $814,043 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,233,141 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,387,723 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $741,386 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,646,337 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,879,478 | 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 | $150,479 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,728,999 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $9,003 | ExcessFromYear4Amt |
| Excess From Year3 | $91,788 | ExcessFromYear3Amt |
| Excess From Year2 | $167,828 | ExcessFromYear2Amt |
| Excess From Year1 | $814,043 | ExcessFromYear1Amt |
| Excess From Current Year | $1,646,337 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARTIN BABINEC | ContributingManagerNm |
| Contributing Manager | KRISTA BABINEC | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CATHOLIC CHARITIES | |||||||
| 61 WEST STREET | ILION | NY | 13357 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| HUMAN RIGHTS INITIATIVE OF NORTH TEXAS INC | |||||||
| 2801 SWISS AVENUE | DALLAS | TX | 75204 | NONE | PC | GENERAL CHARITABLE PURPOSES | $3,333 |
| FOOD FOR THE POOR | |||||||
| 6401 LYONS ROAD | COCONUT CREEK | FL | 33073 | NONE | PC | GENERAL CHARITABLE PURPOSES | $125,000 |
| FOCUS ON THE FAMILY | |||||||
| 8605 EXPLORER DRIVE | COLORADO SPRINGS | CO | 80920 | NONE | PC | GENERAL CHARITABLE PURPOSES | $25,000 |
| WATER MISSION | |||||||
| 1150 MOLLY GREENE WAY | NORTH CHARLESTON | SC | 29405 | NONE | PC | GENERAL CHARITABLE PURPOSES | $3,333 |
| BUILDING FUTURES | |||||||
| 1840 FAIRWAY DRIVE | SAN LEANDRO | CA | 94577 | NONE | PC | GENERAL CHARITABLE PURPOSES | $2,500 |
| CATHOLIC RELIEF SERVICES | |||||||
| 228 WEST LEXINGTON STREET | BALTIMORE | MD | 21201 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| SPECIAL OPERATIONS WARRIOR FOUNDATION (SOWF) | |||||||
| PO BOX 89367 | TAMPA | FL | 33689 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| SHIPPENSBURG UNIVERSITY FOUNDATION | |||||||
| 1871 OLD MAIN DRIVE | SHIPPENSBURG | PA | 17257 | NONE | PC | GENERAL CHARITABLE PURPOSES | $5,000 |
| FOOD FOR THE POOR | |||||||
| 6401 LYONS ROAD | COCONUT CREEK | FL | 33073 | NONE | PC | GENERAL CHARITABLE PURPOSES | $100,000 |
| CITY SCHOOL DISTRICT OF THE CITY OF LITTLE FALLS | |||||||
| 15 PETRIE STREET | LITTLE FALLS | NY | 13365 | NONE | NC | GENERAL CHARITABLE PURPOSES | $201,174 |
| UTICA COLLEGE - YOUNG SCHOLARS | |||||||
| 1600 BURRSTONE ROAD | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $30,000 |
| UTICA COLLEGE - YOUNG SCHOLARS | |||||||
| 1600 BURRSTONE ROAD | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $20,000 |
| CHILDREN OF FALLEN PATRIOTS FOUNDATION | |||||||
| 44900 PRENTICE DRIVE | DULLES | VA | 20166 | NONE | PC | GENERAL CHARITABLE PURPOSES | $3,333 |
| COMMUNITY CHEST | |||||||
| 15 JACKSON STREET | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $40,000 |
| UPSTATE VENTURE CONNECT | |||||||
| 28 WAVERLY PLACE | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $100,000 |
| ARC HERKIMER | |||||||
| 350 S WASHINGTON ST | HERKIMER | NY | 13350 | NONE | PC | GENERAL CHARITABLE PURPOSES | $350,000 |
| LITTLE FALLS FAMILY YMCA | |||||||
| 15 JACKSON ST | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $503,550 |
| HOLY FAMILY PARISH | |||||||
| 763 E MAIN STREET | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| ON POINT FOR COLLEGE | |||||||
| 488 W ONONDGA ST | SYRACUSE | NY | 13202 | NONE | PC | GENERAL CHARITABLE PURPOSES | $10,000 |
| MOHAWK VALLEY CENTER FOR THE ARTS | |||||||
| 401 S ANN STREET | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $4,000 |
| LITTLE FALLS PUBLIC LIBRARY | |||||||
| 10 WAVERLY PL | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $3,000 |
| ED CHOICE INC | |||||||
| 111 MONUMENT CIRCLE SUITE 2650 | INDIANAPOLIS | IN | 46204 | NONE | PC | GENERAL CHARITABLE PURPOSES | $1,000 |
| FRIENDS OF BASSET HEALTHCARE NETWORK | |||||||
| ONE ATWELL ROAD | COOPERSTOWN | NY | 13326 | NONE | PC | GENERAL CHARITABLE PURPOSES | $500,000 |
| EMPIRE CENTER FOR PUBLIC POLICY | |||||||
| 30 SOUTH PEARL ST SUITE 1210 | ALBANY | NY | 12207 | NONE | PC | GENERAL CHARITABLE PURPOSES | $25,000 |
| GOVERNMENT JUSTICE CENTER | |||||||
| 30 SOUTH PEARL ST SUITE 1210 | ALBANY | NY | 12207 | NONE | PC | GENERAL CHARITABLE PURPOSES | $25,000 |
| MGJ DATA PROJECT (UTICA COLLEGE) | |||||||
| 1600 BURRSTONE ROAD | UTICA | NY | 13502 | NONE | PC | GENERAL CHARITABLE PURPOSES | $25,000 |
| RENSSELAER POLYTECHNIC INSTITUTE | |||||||
| 110 8TH STREET | TROY | NY | 12180 | NONE | PC | GENERAL CHARITABLE PURPOSES | $27,500 |
| MILLION DOLLAR WOMEN FUND | |||||||
| 10310 STROME AVE APT 307 | RALEIGH | NC | 27617 | NONE | PC | GENERAL CHARITABLE PURPOSES | $23,000 |
| CITY OF LITTLE FALLS | |||||||
| 659 E MAIN STREET | LITTLE FALLS | NY | 13365 | NONE | PC | GENERAL CHARITABLE PURPOSES | $60,000 |
| KEENAN CENTER FOR ENTREPRENEURSHIP | |||||||
| 1419 SALT SPRINGS RD | SYRACUSE | NY | 13214 | NONE | PC | GENERAL CHARITABLE PURPOSES | $85,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,340,723 | 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 | $654 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $89,192 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,690,450 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,780,296 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,780,296 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BABINEC FAMILY TRUST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 28 WAVERLY PLACE | AddressLine1Txt |
| City | LITTLE FALLS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $4,148,800 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 40,000 SHS TRINET GROUP INC. | NoncashPropertyDesc |
| Fair Market Value | $4,148,800 | FairMarketValueAmt |
| Received | 2021-11-29 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,400 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS | $4,762,795 | $17,421,036 |
| CHARLES SCHWAB | $0 | $285,780 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPRECIATION OVER DONOR'S COST BASIS | Desc |
| Amt | $4,148,800 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT FEES | $6,886 | $6,886 | $0 | $0 |
| FILING FEES | $750 | $0 | $0 | $0 |
| ACCOUNTING SOFTWARE | $574 | $0 | $0 | $0 |
| MEMBERSHIP DUES | $1,820 | $0 | $0 | $0 |
| BANK CHARGES & FEES | $43 | $43 | $0 | $0 |
| INSURANCE EXPENSE | $1,408 | $0 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $95,857 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments