NORFOLK FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- NORFOLK FOUNDATION INC (EIN 47-5535228)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213199349104906
- 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
- Amortization Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T12:48:00-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472517893 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEERS HAMERMAN COHEN & BURGER PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 234 CHURCH STREET | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06510 | 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 | 475535228 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORFOLK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORF | BusinessNameControlTxt |
| Phone | 8605427185 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 333 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 060580333 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH BORDEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8605427185 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELIZABETH | PersonFirstNm |
| Person Last | BORDEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHARON BRUNE | PreparerPersonNm |
| PTIN | P01318461 | PTIN |
| Phone | 2037876527 | PhoneNum |
| Preparation | 2022-11-14 | 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 | $2,654,957 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,183,875 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $7 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $18,075 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,075 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $18,075 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,887 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,279,506 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,093,176 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $59,396 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $59,396 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,289,240 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,111,258 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $77,478 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $75,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $3,750 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $7,500 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $67,500 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $13,165 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $13,165 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $8,950 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $448 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $895 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $8,055 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $24,930 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,466 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $2,466 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $22,464 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $42,468 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,169 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $13,050 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $29,418 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,181 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $2,573 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $14,093 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $39,928 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $18,269 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $15,127 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $9,617 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $5,510 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,853 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,853 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $60,430 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $19,562 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $40,868 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $314,032 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $15,833 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $73,932 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $203,926 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $314,032 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $15,833 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $73,932 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $203,926 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $975,208 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,095,425 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,546 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $94,216 | CashBOYAmt |
| Cash EOY | $126,910 | CashEOYAmt |
| Cash EOYFMV | $126,910 | CashEOYFMVAmt |
| Acct Rcvbl | $7,650 | AcctRcvblAmt |
| Acct Rcvbl BOY | $78 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $7,650 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $7,650 | AcctRcvblEOYFMVAmt |
| Grants Receivable EOY | $100,000 | GrantsReceivableEOYAmt |
| Grants Receivable EOYFMV | $100,000 | GrantsReceivableEOYFMVAmt |
| Corporate Stock BOY | $247,904 | CorporateStockBOYAmt |
| Corporate Stock EOY | $221,748 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $221,748 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $185,623 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $137,370 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $137,370 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,226,766 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $185,990 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,112,293 | LandBOYAmt |
| Land EOY | $2,040,776 | LandEOYAmt |
| Land EOYFMV | $2,040,776 | LandEOYFMVAmt |
| Other Assets BOY | $21,459 | OtherAssetsBOYAmt |
| Other Assets EOY | $20,503 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $20,503 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,661,573 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,654,957 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,654,957 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,446 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $22,754 | AccountsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $31,317 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $11,538 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $14,515 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $34,763 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $48,807 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,626,810 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,477,135 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $0 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $129,015 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,626,810 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,606,150 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,661,573 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,654,957 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,626,810 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $975,208 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,132 | OtherIncreasesAmt |
| Subtotal | $2,606,150 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,606,150 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| AMTEK INC | D | 2008-03-13 | 2021-06-24 | $120,541 | $17,170 | $103,371 | $103,371 |
| EDGEWOOD GROWTH FUND | P | 2017-11-02 | 2021-07-29 | $9,989 | $4,529 | $5,460 | $5,460 |
| EDGEWOOD GROWTH FUND | P | 2017-11-02 | 2021-12-28 | $34,800 | $16,814 | $17,986 | $17,986 |
| INVESCO EUROPEAN GROWTH FUND | P | 2016-10-27 | 2021-07-29 | $5,056 | $3,655 | $1,401 | $1,401 |
| ISHARES INC | P | 2018-06-25 | 2021-07-29 | $5,039 | $4,137 | $902 | $902 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | P | 2016-10-27 | 2021-07-29 | $14,960 | $14,771 | $189 | $189 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | P | 2016-10-27 | 2021-03-19 | $29,000 | $29,349 | -$349 | -$349 |
| MFS VALUE FUND | P | 2017-11-02 | 2021-07-29 | $10,071 | $7,773 | $2,298 | $2,298 |
| NIKE | D | 2009-04-09 | 2021-07-14 | $647,966 | $51,449 | $596,517 | $596,517 |
| QUALCOMM INC | D | 2002-05-24 | 2021-07-14 | $43,585 | $4,661 | $38,924 | $38,924 |
| THERMO FISHER SCIENTIFIC | D | 2012-01-01 | 2021-07-14 | $358,499 | $32,022 | $326,477 | $326,477 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,093,176 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,226 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,226 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,226 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $711 | 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 | $711 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $14,515 | 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 | CT | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | 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 | WWW.NORFOLKFOUNDATION.NET | WebsiteAddressTxt |
| Individual With Books | NORFOLK FOUNDATION INC | IndividualWithBooksNm |
| Phone | 8605427185 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 STATION PLACE | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06058 | 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| DAWN WHALEN | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | EXECUTIVE DIRECTOR | 45.00 | $75,000 | $1,500 | $0 |
| ELIZABETH BORDEN | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| BARBARA SPIEGEL | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | TREASURER | 2.50 | $0 | $0 | $0 |
| STEPHEN MELVILLE | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | SECRETARY | 4.00 | $0 | $0 | $0 |
| HEATHER TIRRELL ADAMS | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| LISA ATKIN | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | CO-PRESIDENT | 5.00 | $0 | $0 | $0 |
| MARK BURKE | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| MICHAEL SELLECK | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 6.00 | $0 | $0 | $0 |
| ELIZA LITTLE | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 3.00 | $0 | $0 | $0 |
| JONATHAN BARBAGALLO | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 2.00 | $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 | ACTIVITIES TO BETTER COORDINATE THE DIVERSE ENERGIES OF THE TOWN'S BURGEONING NON-GOVERNMENTAL ORGANIZATION COMMUNITY BY PROVIDING A MANAGED CENTRAL CO-WORKING SPACE: THE ESTABLISHMENT OF THE NORFOLK HUB BRINGS A GREATER SHARED AWARENESS OF THE TOWN'S MANY VOLUNTEER ORGANIZATIONS, IS USED FOR COMMUNITY WORK SPACE/EVENTS/PRESENTATIONS, AND OFFERS WORK, MEETING SPACE AND PROFESSIONAL SUPPORT TO ITS MEMBER ORGANIZATIONS. | Description1Txt |
| Expenses1 | $145,907 | Expenses1Amt |
| Description2 | ACTIVITIES TO CONTRIBUTE TO THE VITALITY OF NORFOLK'S RICH CULTURAL HERITAGE: ANNUAL LITERARY FESTIVAL, NOW IN ITS FOURTH YEAR, IN SUPPORT OF ESTABLISHING NORFOLK AS A MAJOR CENTER FOR ARTS AND CULTURE IN THE REGION, BRINGING TO NORFOLK AWARD WINNING AUTHORS AND WRITERS INTO CONVERSATION ON A WIDE RANGE OF TOPICS TO CELEBRATE IDEAS AND DISCOURSE. CONTINUING PARTNERSHIP WITH YALE NORFOLK SCHOOL OF ART BY SUPPORTING ANNUAL THEMATIC LECTURE SERIES. | Description2Txt |
| Expenses2 | $36,917 | Expenses2Amt |
| Description3 | CONTRIBUTING TO A THRIVING DOWNTOWN INCLUDING THE OWNERSHIP AND MAINTENANCE/IMPROVEMENT OF THREE PROMINENT BUILDINGS IN THE DOWNTOWN AREA. 2 STATION PLACE - AS A COLLABORATIVE CO-WORKING WORK SPACE WITH ADDITIONAL SPACE RENTED TO A HAIR SALON; 6 STATION PLACE AS A CONVENIENCE MARKET/DELI; 3 STATION PLACE (PURCHASED IN NOV 2021) HAS BOTH COMMERCIAL AND RESIDENTIAL TENANTS (PARTNERSHIP WITH FOUNDATION FOR NORFOLK LIVING AS MASTER TENANT FOR THE RESIDENTIAL UNITS). THESE ACTIVITIES ARE AN IMPORTANT PART OF THE ORGANIZATION'S MISSION BUT ARE NOT DEEMED DIRECT CHARITABLE ACTIVITIES. | Description3Txt |
| Expenses3 | $0 | Expenses3Amt |
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 | $496,224 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $174,466 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $670,690 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $670,690 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $10,060 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $660,630 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $33,032 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $203,926 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,962 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $205,888 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2018-03-26 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,546 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $1,848 | Year2Amt |
| Year3 | $309 | Year3Amt |
| Total | $5,703 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,014 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $1,571 | Year2Amt |
| Year3 | $263 | Year3Amt |
| Total | $4,848 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $205,888 | CurrentYearAmt |
| Year1 | $178,785 | Year1Amt |
| Year2 | $257,510 | Year2Amt |
| Year3 | $1,084,629 | Year3Amt |
| Total | $1,726,812 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $21,103 | CurrentYearAmt |
| Year1 | $23,218 | Year1Amt |
| Year2 | $45,055 | Year2Amt |
| Year3 | $397,699 | Year3Amt |
| Total | $487,075 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $184,785 | CurrentYearAmt |
| Year1 | $155,567 | Year1Amt |
| Year2 | $212,455 | Year2Amt |
| Year3 | $686,930 | Year3Amt |
| Total | $1,239,737 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $22,021 | CurrentYearAmt |
| Year1 | $18,725 | Year1Amt |
| Year2 | $24,940 | Year2Amt |
| Year3 | $35,006 | Year3Amt |
| Total | $100,692 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN MELVILLE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| SUSTAINABLE DOWNTOWN - RENTAL INCOME | $44,254 |
| HUB - PROGRAM REVENUE | $5,267 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,075 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $27,887 | ExclusionAmt |
Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $5,495 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $45,969 | ExclusionAmt |
| Related Or Exempt Function Incm | $55,016 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $100,985 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | SUPPORTS THE DEVELOPMENT OF A SUSTAINABLE DOWNTOWN NORFOLK BY PROVIDING A CONVENIENCE MARKET/DELI AND A HAIR SALON TO THE LOCAL COMMUNITY. THE HUB SERVES AS A CO-WORKING SPACE FOR NORFOLK'S NON-PROFIT MEMBERS AND A COMMUNITY GATHERING SPACE. THE ROYAL ARCANUM RENTS SPACE TO VARIOUS BUSINESSES AS WELL AS RESIDENTIAL TENANTS | RelationshipStatementTxt |
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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| THE WILLIAM AND MARY GREVE FOUNDATION | ||||||
| 1 | 270 LAFAYETTE STREET SUITE 1002 | NEW YORK | NY | 10012 | $1,100,000 | Yes (X) |
| BETSY & CHRISTOPHER LITTLE | ||||||
| 2 | PO BOX 485 | NORFOLK | CT | 06058 | $15,000 | Yes (X) |
| STEPHEN MELVILLE | ||||||
| 3 | PO BOX 449 | NORFOLK | CT | 06058 | $45,673 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND LEGAL | CategoryTxt |
| Amt | $24,930 | Amt |
| Net Investment Income | $2,466 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,466 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $22,464 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail (2 entries)
| Amortized ExpensesAmortizedExpensesDesc | Acquired Completed Or ExpendedAcquiredCompletedOrExpendedDt | AmortizedAmortizedAmt | Deduction For Prior YearsDeductionForPriorYearsAmt | Amortization PeriodAmortizationPeriodRt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Total AmortizationTotalAmortizationAmt | Current Year AmortizationCurrentYearAmortizationAmt |
|---|---|---|---|---|---|---|---|---|
| CLOSING COSTS | 2016-05-20 | $1,181 | $1,181 | 36.000000000000 | $0 | $0 | $1,181 | |
| CLOSING COSTS - ROYAL ARCANUM | 2021-11-01 | $9,192 | 36.000000000000 | $0 | $511 | $511 | $511 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (40 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| HAIR SALON | 2016-07-13 | $14,045 | $1,404 | SL | 40.000000000000 | $351 | $0 | $351 |
| BUILDING - COUNTRY STORE | 2016-05-20 | $215,106 | $24,988 | SL | 40.000000000000 | $5,378 | $0 | $5,378 |
| LAND | 2016-05-20 | $70,000 | L | $0 | $0 | $0 | ||
| BUILDING IMPROVEMENTS | 2016-12-31 | $35,044 | $3,539 | SL | 40.000000000000 | $876 | $0 | $876 |
| BUILDING IMPROVEMENTS | 2017-01-04 | $66,185 | $6,620 | SL | 40.000000000000 | $1,655 | $0 | $1,655 |
| SHED | 2017-05-24 | $3,454 | $1,237 | SL | 10.000000000000 | $345 | $0 | $345 |
| REFRIGERATOR | 2016-08-24 | $23,145 | $23,145 | SL | 5.000000000000 | $0 | $0 | $0 |
| REFRIGERATOR INSTALLATION | 2017-01-31 | $6,490 | $5,084 | SL | 5.000000000000 | $1,298 | $0 | $1,298 |
| HOOD | 2016-11-15 | $14,211 | $14,210 | SL | 5.000000000000 | $1 | $0 | $1 |
| HOOD INSTALLATION | 2017-01-05 | $5,034 | $4,027 | SL | 5.000000000000 | $1,007 | $0 | $1,007 |
| FREEZER LIGHTS | 2017-04-24 | $1,637 | $1,200 | SL | 5.000000000000 | $327 | $0 | $327 |
| FREEZER DOOR | 2017-10-11 | $3,191 | $2,074 | SL | 5.000000000000 | $638 | $0 | $638 |
| AIR CONDITIONERS - WALL UNITS | 2017-07-10 | $9,548 | $6,684 | SL | 5.000000000000 | $1,910 | $0 | $1,910 |
| BUILDING - HUB | 2016-07-13 | $99,599 | $9,960 | SL | 40.000000000000 | $2,490 | $0 | $2,490 |
| LAND | 2016-07-13 | $70,800 | L | $0 | $0 | $0 | ||
| 3 DESK 4 SIDE CHAIRS | 2018-10-01 | $1,577 | $355 | SL | 10.000000000000 | $158 | $0 | $158 |
| 2 SOFAS 4 OFFICE FILE CABINETS | 2018-10-01 | $5,349 | $1,204 | SL | 10.000000000000 | $535 | $0 | $535 |
| 40 STACKABLE CHAIRS FOR HUB MAIN SPACE | 2018-10-01 | $3,214 | $722 | SL | 10.000000000000 | $321 | $0 | $321 |
| OLSSON INTERIOR AIRT | 2018-10-01 | $1,072 | $241 | SL | 10.000000000000 | $107 | $0 | $107 |
| TV MONITORS FOR HUB | 2018-10-01 | $3,499 | $1,575 | SL | 5.000000000000 | $700 | $0 | $700 |
| BUILDING IMPROVEMENTS | 2018-12-01 | $500,566 | $25,871 | SL | 40.000000000000 | $12,514 | $0 | $12,514 |
| HAIR SALON SINK AND BOOTHS | 2018-05-31 | $4,298 | $1,111 | SL | 10.000000000000 | $430 | $0 | $430 |
| HUB MAIN SPACE LIGHT FIXTURE | 2018-03-13 | $2,236 | $1,267 | SL | 5.000000000000 | $447 | $0 | $447 |
| HUB REFRIGERATOR AND DISHWASHER | 2018-05-09 | $1,298 | $693 | SL | 5.000000000000 | $260 | $0 | $260 |
| HUB MICROWAVE | 2018-05-04 | $299 | $160 | SL | 5.000000000000 | $60 | $0 | $60 |
| HUB CHAIRS | 2018-05-04 | $339 | $91 | SL | 10.000000000000 | $34 | $0 | $34 |
| EVERSOURCE LOAN PURCHASES (DIRECT FROM EVERSOURCE) | 2018-12-31 | $79,115 | $3,956 | SL | 40.000000000000 | $1,978 | $0 | $1,978 |
| CONFERENCE ROOM CHAIRS | 2018-05-23 | $1,627 | $421 | SL | 10.000000000000 | $163 | $0 | $163 |
| LOCKERS | 2018-07-19 | $1,857 | $449 | SL | 10.000000000000 | $186 | $0 | $186 |
| SHELVING FOR BROCHURES | 2018-07-26 | $281 | $68 | SL | 10.000000000000 | $28 | $0 | $28 |
| MOVEABLE CORKBOARD WALLS | 2018-07-26 | $883 | $213 | SL | 10.000000000000 | $88 | $0 | $88 |
| CONFERENCE ROOM TABLE | 2019-01-28 | $3,104 | $1,190 | SL | 5.000000000000 | $621 | $0 | $621 |
| FIRE PANELS | 2020-02-13 | $2,982 | $273 | SL | 10.000000000000 | $298 | $0 | $298 |
| ATTIC INSULATION | 2020-09-25 | $5,577 | $139 | SL | 10.000000000000 | $558 | $0 | $558 |
| BUILDING - ROYRAL ARCANUM | 2021-11-01 | $950,000 | SL | 40.000000000000 | $3,958 | $0 | $3,958 | |
| BUILDING IMPROVEMENTS - RECONFIG OF ELECTRICAL PANELS | 2021-11-10 | $3,640 | SL | 10.000000000000 | $61 | $0 | $61 | |
| BUILDING IMPROVEMENTS - FIRE EQUIPMENT INSTALLS | 2021-11-29 | $1,513 | SL | 10.000000000000 | $13 | $0 | $13 | |
| BUILDING IMPROVEMENTS - ELECTRICAL FEEDS | 2021-12-08 | $1,014 | SL | 10.000000000000 | $8 | $0 | $8 | |
| BUILDING IMPROVEMENTS - WATER HEATER | 2021-06-10 | $1,962 | SL | 10.000000000000 | $114 | $0 | $114 | |
| BUILDING IMPROVEMENTS - MASONRY | 2021-12-11 | $1,600 | SL | 10.000000000000 | $13 | $0 | $13 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | DEUTSCHE BANK BROKERAGE ACCOUNT | BondNm |
| EOY Book Value | $137,370 | EOYBookValueAmt |
| EOYFMV | $137,370 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | DEUTSCHE BANK BROKERAGE ACCOUNT | StockNm |
| EOY Book Value | $221,748 | EOYBookValueAmt |
| EOYFMV | $221,748 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (42 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| HAIR SALON | $14,045 | $1,755 | $12,290 |
| BUILDING - COUNTRY STORE | $215,106 | $30,366 | $184,740 |
| LAND | $70,000 | $0 | $70,000 |
| BUILDING IMPROVEMENTS | $35,044 | $4,415 | $30,629 |
| BUILDING IMPROVEMENTS | $66,185 | $8,275 | $57,910 |
| SHED | $3,454 | $1,582 | $1,872 |
| REFRIGERATOR | $23,145 | $23,145 | $0 |
| REFRIGERATOR INSTALLATION | $6,490 | $6,382 | $108 |
| HOOD | $14,211 | $14,211 | $0 |
| HOOD INSTALLATION | $5,034 | $5,034 | $0 |
| FREEZER LIGHTS | $1,637 | $1,527 | $110 |
| FREEZER DOOR | $3,191 | $2,712 | $479 |
| AIR CONDITIONERS - WALL UNITS | $9,548 | $8,594 | $954 |
| BUILDING - HUB | $99,599 | $12,450 | $87,149 |
| LAND | $70,800 | $0 | $70,800 |
| CLOSING COSTS | $1,181 | $1,181 | $0 |
| 3 DESK 4 SIDE CHAIRS | $1,577 | $513 | $1,064 |
| 2 SOFAS 4 OFFICE FILE CABINETS | $5,349 | $1,739 | $3,610 |
| 40 STACKABLE CHAIRS FOR HUB MAIN SPACE | $3,214 | $1,043 | $2,171 |
| OLSSON INTERIOR AIRT | $1,072 | $348 | $724 |
| TV MONITORS FOR HUB | $3,499 | $2,275 | $1,224 |
| BUILDING IMPROVEMENTS | $500,566 | $38,385 | $462,181 |
| HAIR SALON SINK AND BOOTHS | $4,298 | $1,541 | $2,757 |
| HUB MAIN SPACE LIGHT FIXTURE | $2,236 | $1,714 | $522 |
| HUB REFRIGERATOR AND DISHWASHER | $1,298 | $953 | $345 |
| HUB MICROWAVE | $299 | $220 | $79 |
| HUB CHAIRS | $339 | $125 | $214 |
| EVERSOURCE LOAN PURCHASES (DIRECT FROM EVERSOURCE) | $79,115 | $5,934 | $73,181 |
| CONFERENCE ROOM CHAIRS | $1,627 | $584 | $1,043 |
| LOCKERS | $1,857 | $635 | $1,222 |
| SHELVING FOR BROCHURES | $281 | $96 | $185 |
| MOVEABLE CORKBOARD WALLS | $883 | $301 | $582 |
| CONFERENCE ROOM TABLE | $3,104 | $1,811 | $1,293 |
| FIRE PANELS | $2,982 | $571 | $2,411 |
| ATTIC INSULATION | $5,577 | $697 | $4,880 |
| BUILDING - ROYRAL ARCANUM | $950,000 | $3,958 | $946,042 |
| BUILDING IMPROVEMENTS - RECONFIG OF ELECTRICAL PANELS | $3,640 | $61 | $3,579 |
| BUILDING IMPROVEMENTS - FIRE EQUIPMENT INSTALLS | $1,513 | $13 | $1,500 |
| BUILDING IMPROVEMENTS - ELECTRICAL FEEDS | $1,014 | $8 | $1,006 |
| BUILDING IMPROVEMENTS - WATER HEATER | $1,962 | $114 | $1,848 |
| BUILDING IMPROVEMENTS - MASONRY | $1,600 | $13 | $1,587 |
| CLOSING COSTS - ROYAL ARCANUM | $9,192 | $511 | $8,681 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEFERRED RENT | $21,459 | $16,145 | $16,145 |
| PREPAID EXPENSES | $0 | $1,142 | $1,142 |
| PREPAID OIL | $0 | $3,216 | $3,216 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FUNDRAISING ACTIVITIES | $4,380 | $0 | $4,380 | $0 |
| MARKETING COSTS | $5,604 | $0 | $0 | $5,604 |
| INSURANCE | $12,379 | $0 | $7,381 | $4,998 |
| REPAIRS & MAINTENANCE | $13,033 | $0 | $4,441 | $8,592 |
| OFFICE EXPENSE | $7,226 | $0 | $1,463 | $5,763 |
| TELEPHONE | $9,401 | $0 | $0 | $9,401 |
| FEES & PERMITS | $510 | $0 | $0 | $510 |
| MISCELLANEOUS | $3,000 | $0 | $0 | $3,000 |
| OUTREACH | $1,386 | $0 | $1,386 | $0 |
| GUEST SPEAKERS | $3,000 | $0 | $0 | $3,000 |
| AMORTIZATION | $511 | $0 | $511 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| SUSTAINABLE DOWNTOWN - RENTAL INCOME | $44,254 | $44,254 |
| HUB - PROGRAM REVENUE | $5,267 | $5,267 |
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | $9,875 | $9,875 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $4,132 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $14,515 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $9,169 | $9,169 | $9,169 | $0 |
| OTHER PROFESSIONAL FEES | $33,299 | $0 | $3,881 | $29,418 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROPERTY TAXES | $16,666 | $0 | $2,573 | $14,093 |
| EXCISE TAX | $14,515 | $0 | $0 | $0 |
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