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THE GELT FOUNDATION INC: Form 990EZ, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE GELT FOUNDATION INC (EIN 82-1521845)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-09-28
IRS object ID
202032729349200953
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-09-28T16:31:16-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222428965PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CITRIN COOPERMAN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line116530 VENTURA BLVD SUITE 305AddressLine1Txt
CityENCINOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91436ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821521845EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GELT FOUNDATION INCBusinessNameLine1Txt
Business Name Line2DBA RESIDENT RELIEF FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGELTBusinessNameControlTxt
Phone8189381687PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line118751 VENTURA BLVD 2ND FLOORAddressLine1Txt
CityTARZANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91356ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEITH WASSERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8189381687PhoneNum
Signature2020-09-24SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAARON LEVYPreparerPersonNm
PTINP01244161PTIN
Phone8187830570PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.60.177.194IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-24IPDt
IP Tm15:48:36IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id0FE440F5A98FFB269451E13FE5E5CCE30DC08F14AtSubmissionCreationDeviceId
At Submission Filing Device Id531FC4B5BC62161291DE87BC9678240BD7438535AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressHTTPS://RESIDENTRELIEFFOUNDATION.ORG/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$186,301GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$186,301ContributionsGiftsGrantsEtcAmt
Total Revenue$186,301TotalRevenueAmt
Grants And Similar Amounts Paid$78,176GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$5,090FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$12,922OtherExpensesTotalAmt
Total Expenses$96,188TotalExpensesAmt
Excess Or Deficit For Year$90,113ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$83,383NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$173,496NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$95,946BOYAmt
EOY$173,496EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$95,946BOYAmt
EOY$173,496EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,563BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$83,383BOYAmt
EOY$173,496EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO HELP RESPONSIBLE TENANTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomRENTAL ASSISTANCE IN THE FORM OF GRANTS TO THE PROPERTY/LANDLORD ON BEHALF OF INDIVIDUALS FACING EVICTIONSDescriptionProgramSrvcAccomTxt
Grants And Allocations$78,176GrantsAndAllocationsAmt
Program Service Expenses$0ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAMIAN LANGERE
DIRECTOR8.00$0$0$0
KEITH WASSERMAN
PRESIDENT8.00$0$0$0
THERESE OSWALD
EXECUTIVE DIRECTOR40.00$0$0$0
ANDREW DAVIS
TREASURER2.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line118751 VENTURA BLVD 2ND FLOORAddressLine1Txt
CityTARZANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91356ZIPCd
FieldValueIRS element (for citing)
Phone8189381687PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$70,009CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$160,938CurrentTaxYearMinus1YearAmt
Current Tax Year$186,301CurrentTaxYearAmt
Total$417,248TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$70,009CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$160,938CurrentTaxYearMinus1YearAmt
Current Tax Year$186,301CurrentTaxYearAmt
Total$417,248TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$141,712SubstantialContributorsTotAmt
Public Support Total170$275,536PublicSupportTotal170Amt
Total Support$417,248TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: PAYMENTS FOR HOUSING. GRANTEE NAME: VARIOUS. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 78,176.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: TRANSACTION FEES. AMOUNT: 1,131. DESCRIPTION: AUTO EXPENSE. AMOUNT: 185. DESCRIPTION: CONFERENCE. AMOUNT: 105. DESCRIPTION: WEBSITE DONATION FEES. AMOUNT: 319. DESCRIPTION: WEBSITE DESIGN. AMOUNT: 150. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 60. DESCRIPTION: DATA PROCESSING. AMOUNT: 110. DESCRIPTION: DUES AND MEMBERSHIP FEES. AMOUNT: 3,489. DESCRIPTION: GASOLINE. AMOUNT: 114. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 336. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,564. DESCRIPTION: OTHER BUSINESS EXPENSES. AMOUNT: 1,534. DESCRIPTION: PARKING. AMOUNT: 5. DESCRIPTION: REPAIR AND MAINTENANCE. AMOUNT: 2,000. DESCRIPTION: TRAVEL. AMOUNT: 1,820. TOTAL TO FORM 990-EZ, LINE 16: 12,922.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: GELT VENTURES LOAN. BEG. OF YEAR AMOUNT: 12,563. END OF YEAR AMOUNT: 0.
FORM 990 EZ, PART ITHE OFFICERS OF THE GELT FOUNDATION, KEITH WASSERMAN AND DAMIAN LANGERE CONTRIBUTED $16,560 THROUGH THEIR FOR-PROFIT ORGANIZATION, GELT VENTURES, LLC TO COVER THE EXPENSES OF THE ORGANIZATION. THIS $16,560 COVERED ALL EXPENSES OF THE ORGANIZATION INCLUDING WEBSITE DEVELOPMENT, PROFESSIONAL FEES, AND TAXES. ALL OTHER CONTRIBUTIONS WERE USED FOR THE EXEMPT PURPOSE OF THE ORGANIZATION, ASSISTING RESPONSIBLE TENANTS STAY IN THEIR APARTMENTS.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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