NORFOLK FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NORFOLK FOUNDATION INC (EIN 47-5535228)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-15
- IRS object ID
- 202031979349102363
- Schema version
- 2019v5.1
- 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
- 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 Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-15T17:49:53-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | JOSEPH HURST | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8605427185 | PhoneNum |
| Signature | 2020-06-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHARON BRUNE | PreparerPersonNm |
| PTIN | P01318461 | PTIN |
| Phone | 2037876527 | PhoneNum |
| Preparation | 2020-06-17 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.204.147.226 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-06-17 | IPDt |
| IP Tm | 12:44:27 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9747AEAF5E878BFA4B508B52E657C1F38F7D6AF2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7785774D425F6C8F1D04F23475D33DFFE043AAE4 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,832,604 | 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 | $16,920 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $180 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $180 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $180 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $15,148 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $15,148 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $15,148 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,148 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $314,324 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,148 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $45,747 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $45,747 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $82,143 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $19,476 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $61,075 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $78,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $3,900 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $7,800 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $70,200 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $20,205 | 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 | $20,205 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $14,333 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $717 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $1,433 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $12,899 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,460 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,892 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $2,892 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $11,568 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $16,993 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,593 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $8,593 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $8,400 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,963 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $1,979 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $11,984 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $42,324 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $26,640 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $4,712 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $4,712 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,370 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,370 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $114,122 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $9,890 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $104,068 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $329,482 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $16,102 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $59,227 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $254,406 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $329,482 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $16,102 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $59,227 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $254,406 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$247,339 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,374 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,848 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $42,849 | CashBOYAmt |
| Cash EOY | $90,682 | CashEOYAmt |
| Cash EOYFMV | $90,682 | CashEOYFMVAmt |
| Acct Rcvbl | $62 | AcctRcvblAmt |
| Acct Rcvbl EOY | $62 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $62 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,200 | PrepaidExpensesBOYAmt |
| Corporate Stock BOY | $320,686 | CorporateStockBOYAmt |
| Corporate Stock EOY | $288,031 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $288,031 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $464,292 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $296,190 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $296,191 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,627 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,248,104 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $101,582 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,185,680 | LandBOYAmt |
| Land EOY | $1,146,522 | LandEOYAmt |
| Land EOYFMV | $1,146,522 | LandEOYFMVAmt |
| Other Assets BOY | $19,876 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,116 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $11,116 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,038,210 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,832,603 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,832,604 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,421 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $6,380 | AccountsPayableEOYAmt |
| Grants Payable BOY | $35,000 | GrantsPayableBOYAmt |
| Mortgages And Notes Payable BOY | $70,874 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $51,095 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $111,295 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $57,475 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,926,915 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,775,128 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,926,915 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,775,128 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,038,210 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,832,603 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,926,915 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$247,339 | ExcessRevenueOverExpensesAmt |
| Other Increases | $95,552 | OtherIncreasesAmt |
| Subtotal | $1,775,128 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,775,128 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| DEUTSCHE BANK - ST | P | $44,569 | $47,878 | -$3,309 | -$3,309 |
| DEUTSCHE BANK - LT | P | $264,327 | $262,298 | $2,029 | $2,029 |
| CAPITAL GAINS DIVIDENDS | P | $5,428 | $5,428 | $5,428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,148 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$3,309 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,083,613 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,050,188 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 1.031828 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $513,636 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,431,487 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.358813 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $166,237 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,871,598 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.088821 | DistributionYr3Rt |
| Total Distribution | 1.479462 | TotalDistributionRt |
| Average Distribution | 0.493154 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $748,206 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $368,981 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $34 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $369,015 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $257,510 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $67 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $67 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $67 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,040 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,040 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $973 | OverpaymentAmt |
| Applied To ES Tax | $973 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | $78,000 | $2,375 | $0 |
| JOSEPH HURST | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | PRESIDENT/FORMER VP | 20.00 | $0 | $0 | $0 |
| ELIZABETH B BORDEN | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | TREASURER | 2.00 | $0 | $0 | $0 |
| STEPHEN W MELVILLE | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | SECRETARY | 8.00 | $0 | $0 | $0 |
| MARY ACKERLY | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SAMUEL ANDERSON | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | FORMER PRESIDENT/BOARD MEM | 3.00 | $0 | $0 | $0 |
| LISA ATKIN | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| MARK BURKE | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| BARBARA SPIEGEL | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| ELIZA LITTLE | ||||||||
| PO BOX 333 | NORFOLK | CT | 060580333 | BOARD MEMBER | 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 | 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 | $133,380 | Expenses1Amt |
| Description2 | ACTIVITIES TO CONTRIBUTE TO THE VITALITY OF NORFOLK'S RICH CULTURAL HERITAGE: INSTITUTED FIRST ANNUAL LITERARY FESTIVAL 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. | Description2Txt |
| Expenses2 | $79,239 | Expenses2Amt |
| Description3 | ACTIVITIES TO DEVELOP A SUSTAINABLE DOWNTOWN: RENOVATION AND MAINTENANCE OF 2 STATION PLACE - AS COLLABORATIVE CO-WORKING WORK SPACE WITH SPACE RENTED TO A HAIR SALON; CONTINUED MAINTENANCE OF 6 STATION PLACE AS A CONVENIENCE MARKET/DELI. | Description3Txt |
| Expenses3 | $45,055 | 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 | $672,526 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $87,074 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $759,600 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $759,600 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,394 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $748,206 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $37,410 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $254,406 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $3,104 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $257,510 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $257,510 | AdjustedQualifyingDistriAmt |
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 | $1,848 | CurrentYearAmt |
| Year1 | $309 | Year1Amt |
| Year2 | $32,222 | Year2Amt |
| Year3 | $93,580 | Year3Amt |
| Total | $127,959 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,571 | CurrentYearAmt |
| Year1 | $263 | Year1Amt |
| Year2 | $27,389 | Year2Amt |
| Year3 | $79,543 | Year3Amt |
| Total | $108,765 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $257,510 | CurrentYearAmt |
| Year1 | $1,084,629 | Year1Amt |
| Year2 | $514,802 | Year2Amt |
| Year3 | $185,026 | Year3Amt |
| Total | $2,041,967 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $351,747 | Year1Amt |
| Year2 | $137,744 | Year2Amt |
| Year3 | $13,471 | Year3Amt |
| Total | $502,962 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $257,510 | CurrentYearAmt |
| Year1 | $732,882 | Year1Amt |
| Year2 | $377,058 | Year2Amt |
| Year3 | $171,555 | Year3Amt |
| Total | $1,539,005 | 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 | $24,940 | CurrentYearAmt |
| Year1 | $35,006 | Year1Amt |
| Year2 | $47,716 | Year2Amt |
| Year3 | $62,387 | Year3Amt |
| Total | $170,049 | 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 W MELVILLE | ContributingManagerNm |
| Contributing Manager | MARY ACKERLY | 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 Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| SUSTAINABLE DOWNTOWN - RENTAL INCOME | $26,640 |
| HUB - PROGRAM REVENUE | $6,775 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $180 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,148 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,148 | ExclusionAmt |
Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$2,760 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $2,442 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $21,918 | ExclusionAmt |
| Related Or Exempt Function Incm | $30,655 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $52,573 | 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. | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $14,460 | Amt |
| Net Investment Income | $2,892 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,892 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $11,568 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | CLOSING COSTS | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2016-05-20 | AcquiredCompletedOrExpendedDt |
| Amortized | $1,181 | AmortizedAmt |
| Deduction For Prior Years | $1,017 | DeductionForPriorYearsAmt |
| Amortization Period | 36.000000000000 | AmortizationPeriodRt |
| Current Year Amortization | $164 | CurrentYearAmortizationAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $164 | AdjustedNetIncomeAmt |
| Total Amortization | $1,181 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (32 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 | $702 | SL | 40.000000000000 | $351 | $0 | $351 |
| BUILDING - COUNTRY STORE | 2016-05-20 | $215,106 | $14,233 | 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 | $1,787 | SL | 40.000000000000 | $876 | $0 | $876 |
| BUILDING IMPROVEMENTS | 2017-01-04 | $66,185 | $3,310 | SL | 40.000000000000 | $1,655 | $0 | $1,655 |
| SHED | 2017-05-24 | $3,454 | $546 | SL | 10.000000000000 | $345 | $0 | $345 |
| REFRIGERATOR | 2016-08-24 | $23,145 | $13,887 | SL | 5.000000000000 | $4,629 | $0 | $4,629 |
| REFRIGERATOR INSTALLATION | 2017-01-31 | $6,490 | $2,488 | SL | 5.000000000000 | $1,298 | $0 | $1,298 |
| HOOD | 2016-11-15 | $14,211 | $8,526 | SL | 5.000000000000 | $2,842 | $0 | $2,842 |
| HOOD INSTALLATION | 2017-01-05 | $5,034 | $2,014 | SL | 5.000000000000 | $1,007 | $0 | $1,007 |
| FREEZER LIGHTS | 2017-04-24 | $1,637 | $545 | SL | 5.000000000000 | $327 | $0 | $327 |
| FREEZER DOOR | 2017-10-11 | $3,191 | $798 | SL | 5.000000000000 | $638 | $0 | $638 |
| AIR CONDITIONERS - WALL UNITS | 2017-07-10 | $9,548 | $2,865 | SL | 5.000000000000 | $1,910 | $0 | $1,910 |
| BUILDING - HUB | 2016-07-13 | $99,599 | $4,980 | 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 | $39 | SL | 10.000000000000 | $158 | $0 | $158 |
| 2 SOFAS 4 OFFICE FILE CABINETS | 2018-10-01 | $5,349 | $134 | SL | 10.000000000000 | $535 | $0 | $535 |
| 40 STACKABLE CHAIRS FOR HUB MAIN SPACE | 2018-10-01 | $3,214 | $80 | SL | 10.000000000000 | $321 | $0 | $321 |
| OLSSON INTERIOR AIRT | 2018-10-01 | $1,072 | $27 | SL | 10.000000000000 | $107 | $0 | $107 |
| TV MONITORS FOR HUB | 2018-10-01 | $3,499 | $175 | SL | 5.000000000000 | $700 | $0 | $700 |
| BUILDING IMPROVEMENTS | 2018-12-01 | $500,566 | $1,043 | SL | 40.000000000000 | $12,514 | $0 | $12,514 |
| HAIR SALON SINK AND BOOTHS | 2018-05-31 | $4,298 | $251 | SL | 10.000000000000 | $430 | $0 | $430 |
| HUB MAIN SPACE LIGHT FIXTURE | 2018-03-13 | $2,236 | $373 | SL | 5.000000000000 | $447 | $0 | $447 |
| HUB REFRIGERATOR AND DISHWASHER | 2018-05-09 | $1,298 | $173 | SL | 5.000000000000 | $260 | $0 | $260 |
| HUB MICROWAVE | 2018-05-04 | $299 | $40 | SL | 5.000000000000 | $60 | $0 | $60 |
| HUB CHAIRS | 2018-05-04 | $339 | $23 | SL | 10.000000000000 | $34 | $0 | $34 |
| EVERSOURCE LOAN PURCHASES (DIRECT FROM EVERSOURCE) | 2018-12-31 | $79,115 | SL | 40.000000000000 | $1,978 | $0 | $1,978 | |
| CONFERENCE ROOM CHAIRS | 2018-05-23 | $1,627 | $95 | SL | 10.000000000000 | $163 | $0 | $163 |
| LOCKERS | 2018-07-19 | $1,857 | $77 | SL | 10.000000000000 | $186 | $0 | $186 |
| SHELVING FOR BROCHURES | 2018-07-26 | $281 | $12 | SL | 10.000000000000 | $28 | $0 | $28 |
| MOVEABLE CORKBOARD WALLS | 2018-07-26 | $883 | $37 | SL | 10.000000000000 | $88 | $0 | $88 |
| CONFERENCE ROOM TABLE | 2019-01-28 | $3,104 | SL | 5.000000000000 | $569 | $0 | $569 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | DEUTSCHE BANK BROKERAGE ACCOUNT | BondNm |
| EOY Book Value | $296,190 | EOYBookValueAmt |
| EOYFMV | $296,191 | 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 | $288,031 | EOYBookValueAmt |
| EOYFMV | $288,031 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (33 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| HAIR SALON | $14,045 | $1,053 | $12,992 |
| BUILDING - COUNTRY STORE | $215,106 | $19,611 | $195,495 |
| LAND | $70,000 | $0 | $70,000 |
| BUILDING IMPROVEMENTS | $35,044 | $2,663 | $32,381 |
| BUILDING IMPROVEMENTS | $66,185 | $4,965 | $61,220 |
| SHED | $3,454 | $891 | $2,563 |
| REFRIGERATOR | $23,145 | $18,516 | $4,629 |
| REFRIGERATOR INSTALLATION | $6,490 | $3,786 | $2,704 |
| HOOD | $14,211 | $11,368 | $2,843 |
| HOOD INSTALLATION | $5,034 | $3,021 | $2,013 |
| FREEZER LIGHTS | $1,637 | $872 | $765 |
| FREEZER DOOR | $3,191 | $1,436 | $1,755 |
| AIR CONDITIONERS - WALL UNITS | $9,548 | $4,775 | $4,773 |
| BUILDING - HUB | $99,599 | $7,470 | $92,129 |
| LAND | $70,800 | $0 | $70,800 |
| CLOSING COSTS | $1,181 | $1,181 | $0 |
| 3 DESK 4 SIDE CHAIRS | $1,577 | $197 | $1,380 |
| 2 SOFAS 4 OFFICE FILE CABINETS | $5,349 | $669 | $4,680 |
| 40 STACKABLE CHAIRS FOR HUB MAIN SPACE | $3,214 | $401 | $2,813 |
| OLSSON INTERIOR AIRT | $1,072 | $134 | $938 |
| TV MONITORS FOR HUB | $3,499 | $875 | $2,624 |
| BUILDING IMPROVEMENTS | $500,566 | $13,557 | $487,009 |
| HAIR SALON SINK AND BOOTHS | $4,298 | $681 | $3,617 |
| HUB MAIN SPACE LIGHT FIXTURE | $2,236 | $820 | $1,416 |
| HUB REFRIGERATOR AND DISHWASHER | $1,298 | $433 | $865 |
| HUB MICROWAVE | $299 | $100 | $199 |
| HUB CHAIRS | $339 | $57 | $282 |
| EVERSOURCE LOAN PURCHASES (DIRECT FROM EVERSOURCE) | $79,115 | $1,978 | $77,137 |
| CONFERENCE ROOM CHAIRS | $1,627 | $258 | $1,369 |
| LOCKERS | $1,857 | $263 | $1,594 |
| SHELVING FOR BROCHURES | $281 | $40 | $241 |
| MOVEABLE CORKBOARD WALLS | $883 | $125 | $758 |
| CONFERENCE ROOM TABLE | $3,104 | $569 | $2,535 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CLOSING COSTS, NET OF AMORTIZATION | $196 | $196 | $196 |
| DEFERRED RENT | $19,680 | $10,920 | $10,920 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FUNDRAISING ACTIVITIES | $12,650 | $0 | $9,890 | $2,760 |
| MARKETING COSTS | $28,032 | $0 | $0 | $28,032 |
| INSURANCE | $9,282 | $0 | $0 | $9,282 |
| REPAIRS & MAINTENANCE | $45,066 | $0 | $0 | $45,066 |
| OFFICE EXPENSE | $4,525 | $0 | $0 | $4,525 |
| TELEPHONE | $5,725 | $0 | $0 | $5,725 |
| FEES AND PERMITS | $1,249 | $0 | $0 | $1,249 |
| MISCELLANEOUS | $2,620 | $0 | $0 | $2,620 |
| OUTREACH | $4,809 | $0 | $0 | $4,809 |
| AMORTIZATION | $164 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| SUSTAINABLE DOWNTOWN - RENTAL INCOME | $26,640 | $26,640 |
| HUB - PROGRAM REVENUE | $6,775 | $6,775 |
| MISCELLANEOUS | $2,442 | $2,442 |
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | $9,890 | $9,890 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $95,552 | Amt |
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 | $8,593 | $8,593 | $8,593 | $0 |
| OTHER PROFESSIONAL FEES | $8,400 | $0 | $0 | $8,400 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROPERTY TAXES | $11,984 | $0 | $0 | $11,984 |
| EXCISE TAX | $1,979 | $0 | $1,979 | $0 |
Comments