CAMI FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CAMI FOUNDATION INC (EIN 46-3960068)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-04
IRS object ID
202503089349102100
Schema version
2024v5.0
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)
Return2025-11-04T20:08:06-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN650282278PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FORSHEE & LOCKWOOD PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12600 SOUTH DOUGLAS ROAD STE 406AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331346134ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463960068EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAMI FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAMIBusinessNameControlTxt
Phone3053612902PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1521 S MASHTA DRIVEAddressLine1Txt
CityKEY BISCAYNECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33149ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAURICE R FERREPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3053612902PhoneNum
Signature2025-10-22SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM H FORSHEEPreparerPersonNm
PTINP00734681PTIN
Phone3054470777PhoneNum
Preparation2025-10-22PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,089,897FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,562ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$26DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$75,654NetGainSaleAstRevAndExpnssAmt
Other Income Rev And Expnss-$369OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm-$369OtherIncomeNetInvstIncmAmt
Total Rev And Expnss-$55,435TotalRevAndExpnssAmt
Total Net Invst Incm-$343TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$13,706OtherProfFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$60,302OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$302OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$74,008TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$302TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$74,008TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$302TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$129,443ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$697CashBOYAmt
Cash EOY$421CashEOYAmt
Cash EOYFMV$421CashEOYFMVAmt
Corporate Stock BOY$254CorporateStockBOYAmt
Corporate Stock EOY$254CorporateStockEOYAmt
Corporate Stock EOYFMV$534CorporateStockEOYFMVAmt
Other Investments BOY$589,965OtherInvestmentsBOYAmt
Other Investments EOY$513,942OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,088,942OtherInvestmentsEOYFMVAmt
Other Assets BOY$60,000OtherAssetsBOYAmt
Total Assets BOY$650,916TotalAssetsBOYAmt
Total Assets EOY$514,617TotalAssetsEOYAmt
Total Assets EOYFMV$1,089,897TotalAssetsEOYFMVAmt
Other Liabilities BOY$6,856OtherLiabilitiesBOYAmt
Total Liabilities BOY$6,856TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$3,000,049CapitalStockBOYAmt
Capital Stock EOY$3,000,049CapitalStockEOYAmt
Retained Earning BOY-$2,355,989RetainedEarningBOYAmt
Retained Earning EOY-$2,485,432RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$644,060TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$514,617TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$650,916TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$514,617TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$644,060TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$129,443ExcessRevenueOverExpensesAmt
Subtotal$514,617SubtotalAmt
Tot Net Ast Or Fund Balances EOY$514,617TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyLONG TERM CAP LOSS- SBC MIAMI K-1PropertyDesc
How AcquiredPHowAcquiredCd
Cost Or Other Basis$75,654CostOrOtherBasisAmt
Gain Or Loss-$75,654GainOrLossAmt
Gains Minus Excess Or Losses-$75,654GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$75,654CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$3,399EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,399TotalPaymentsAndCreditsAmt
Overpayment$3,399OverpaymentAmt
Applied To ES Tax$3,399AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MAURICE R FERREBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3053612902PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1521 S MASHTA DRIVEAddressLine1Txt
CityKEY BISCAYNECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33149ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsYes (true)BusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MAURICE R FERRE
521 S MASHTA DRIVEKEY BISCAYNEFL33149PRESIDENT1.00$0$0$0
MARIA CHAMORRO FERRE
521 S MASHTA DRIVEKEY BISCAYNEFL33149VICE PRESIDE1.00$0$0$0
ISABELLA FERRE
521 S MASHTA DRIVEKEY BISCAYNEFL33149SECRETARY1.00$0$0$0
HANS HICKLER
521 S MASHTA DRIVEKEY BISCAYNEFL33149TREASURER1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,082,267AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$477AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,082,744TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,082,744AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,241CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,066,503NetVlNoncharitableAssetsAmt
Minimum Investment Return$53,325MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$53,325MinimumInvestmentReturnAmt
Distributable Before Adj$53,325DistributableBeforeAdjAmt
Distributable Before Ded$53,325DistributableBeforeDedAmt
Distributable As Adjusted$53,325DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$53,325DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$67,131ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$147,497ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$389,990ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$440,181ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$1,044,799TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$53,325ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$53,325ExcessDistributionCyovAppCYAmt
Total Corpus$991,474TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$13,806ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$977,668ExcessDistriCyovToNextYrAmt
Excess From Year4$147,497ExcessFromYear4Amt
Excess From Year3$389,990ExcessFromYear3Amt
Excess From Year2$440,181ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$75,654ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescORD BUSINESS LOSS - SBC K-1Desc
Related Or Exempt Function Incm-$369RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$75,628ExclusionAmt
Related Or Exempt Function Incm-$369RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$75,997TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
CRANDON CAPITAL INC
1521 S MASHTA DRIVEKEY BISCAYNEFL33149$6,856Yes (X)
MAURICE R FERRE
2521 S MASHTA DRIVEKEY BISCAYNEFL33149$13,706Yes (X)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSTOCKS, ETF, & MUTUAL FUNDSStockNm
EOY Book Value$254EOYBookValueAmt
EOYFMV$534EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT IN SBC MIAMI, LP$115,161$115,161
INVESTMENT IN MAGIC LEAP$25,000$600,000
INVESTMENT IN DERMASENSOR$373,781$373,781

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDUE FROM FASTRACKDesc
BOY Book Value$60,000BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT MGMT$302$302
BAD DEBTS$60,000

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescORD BUSINESS LOSS - SBC K-1Desc
Revenue And Expenses Per Books-$369RevenueAndExpensesPerBooksAmt
Net Investment Income-$369NetInvestmentIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO CRANDON CAPITAL INCDesc
BOY Book Value$6,856BOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryPROFESSIONAL FEESCategoryTxt
Amt$13,706Amt

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