SEVERUS FOUNDATION CORP: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- SEVERUS FOUNDATION CORP (EIN 47-5467905)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-12
- IRS object ID
- 201833169349101583
- Schema version
- 2017v2.2
- 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
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-12T13:13:47-08:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010763681 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Francis P Flynn CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 224 Fair Street | AddressLine1Txt |
| City | Kingston | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 124014561 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 475467905 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Severus Foundation Corp | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEVE | BusinessNameControlTxt |
| Phone | 8453407999 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Francis P Flynn CPA 224 Fair St | AddressLine1Txt |
| City | Kingston | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Laties | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8453407999 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Francis P Flynn CPA | PreparerPersonNm |
| PTIN | P00058164 | PTIN |
| Phone | 8453407999 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $631,428 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $448,367 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $114 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $114 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $114 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$9,758 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $440,087 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $1,478 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $440,201 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $114 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $114 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $6,300 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,150 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,150 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $678 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $678 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $6,978 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,828 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,150 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $136,502 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $136,502 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $143,480 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,828 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $139,652 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $296,721 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $114 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $54,010 | CashBOYAmt |
| Cash EOY | $11,173 | CashEOYAmt |
| Cash EOYFMV | $11,173 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $280,054 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $620,255 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $620,255 | SavAndTempCashInvstEOYFMVAmt |
| Other Assets BOY | $2,464 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,821 | OtherAssetsEOYAmt |
| Total Assets BOY | $336,528 | TotalAssetsBOYAmt |
| Total Assets EOY | $633,249 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $631,428 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $336,528 | UnrestrictedBOYAmt |
| Unrestricted EOY | $633,249 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $336,528 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $633,249 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $336,528 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $633,249 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $336,528 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $296,721 | ExcessRevenueOverExpensesAmt |
| Subtotal | $633,249 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $633,249 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1603.00 shs Bank of New York Mellon Corp | D | 2017-12-12 | 2017-12-18 | $87,028 | $88,005 | -$977 | -$977 |
| 2000.00 shs CSX Corp | D | 2017-12-12 | 2017-12-18 | $105,678 | $113,810 | -$8,132 | -$8,132 |
| 1000.00 shs Cummins Inc | D | 2017-12-12 | 2017-12-18 | $171,083 | $169,977 | $1,106 | $1,106 |
| 3000.00 shs Macy's Inc | D | 2017-12-12 | 2017-12-18 | $76,298 | $78,053 | -$1,755 | -$1,755 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$9,758 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$9,758 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David Laties | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8453407999 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 507 Popletown Rd | AddressLine1Txt |
| City | Ulster Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12487 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| David Laties | ||||||
| 224 Fair Street | Kingston | NY | 12401 | President | 1.00 | $0 |
| Andrew Laties | ||||||
| 224 Fair Street | kingston | NY | 12401 | Secretary | 0.25 | $0 |
| Nancy Feresten | ||||||
| 224 Fair Street | Kingston | NY | 12401 | Treasurer | 0.25 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $278,126 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $278,126 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $278,126 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,172 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $273,954 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $13,698 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $13,698 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $13,698 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $13,698 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $13,698 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $139,652 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $139,652 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $139,652 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $13,698 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $185,144 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $185,144 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $139,652 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $13,698 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $125,954 | RemainingDistriFromCorpusAmt |
| Total Corpus | $311,098 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $311,098 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $185,144 | ExcessFromYear1Amt |
| Excess From Current Year | $125,954 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | David Laties | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Doctors Without Borders USA | |||||||
| PO Box 5030 | Hagerstown | MD | 21741 | None | PC | Unrestricted | $2,000 |
| Clinica Esperanza | |||||||
| 60 Valley St Ste 104 | Providence | RI | 02909 | None | PC | Unrestricted | $5,000 |
| Providence Community Library | |||||||
| PO Box 9267 | Providence | RI | 02940 | None | PC | Unrestricted | $5,000 |
| Dorcas International | |||||||
| 645 Elmwood Ave | Providence | RI | 02907 | None | PC | Unrestricted | $5,000 |
| Pathfinder International | |||||||
| 9 Galen St Ste 217 | Watertown | MA | 02472 | None | PC | Unrestricted | $2,000 |
| Cranston East Alumni Band Associati | |||||||
| 50 Ferncrest Ave | Cranston | RI | 02905 | None | PC | Unrestricted | $1,000 |
| The George Wiley Center | |||||||
| 32 East Ave | Pawtucket | RI | 02860 | None | PC | Unrestricted | $1,000 |
| VSA Arts Rhode Island | |||||||
| 500 Prospect St | Pawtucket | RI | 02860 | None | PC | Unrestricted | $10,000 |
| Porchlight Inc | |||||||
| 306 N Brooks St | Madison | WI | 53715 | None | PC | Unrestricted | $500 |
| Housecall Providers | |||||||
| 5100 SW Macadam Ave Ste 200 | Portland | OR | 97239 | None | PC | Unrestricted | $1,000 |
| Save the Children | |||||||
| 501 Kings Highway East Ste 400 | Fairfield | CT | 06825 | None | PC | Unrestricted | $2,000 |
| Eastern Congo Initiative | |||||||
| 1875 Connecticut Ave NW 10th Fl | Washington | DC | 20009 | None | PC | Unrestricted | $500 |
| Rhode Island Public Radio | |||||||
| 1 Union Station | Providence | RI | 02903 | None | PC | Unrestricted | $2,000 |
| Caloosahatshee River Citizens Assoc | |||||||
| PO Box 1165 | Ft Myers | FL | 33902 | None | PC | Unrestricted | $12,485 |
| Women's Medical Fund | |||||||
| PO BOx 40748 | Philadelphia | PA | 19107 | None | PC | Unrestricted | $500 |
| Olympic Track Club | |||||||
| 130 East Washington Street St 800 | Indianapolis | IN | 46204 | PC | Unrestricted | $10,000 | |
| AJ Williams-Myers African Roots Cen | |||||||
| 43 Gill Street | Kingston | NY | 12401 | PC | Unrestricted | $7,000 | |
| ACLU Foundation | |||||||
| 125 Broad Street 18th Floor | New York | NY | 10004 | PC | Unrestricted | $1,000 | |
| PPFA | |||||||
| P O Box 97166 | Washington DC | DC | 20090 | PC | Unrestricted | $1,000 | |
| We Share the Hope | |||||||
| 624 Main Street | Warren | RI | 02885 | PC | Unrestricted | $500 | |
| Habitat For Humanity | |||||||
| 121 Habitat Street | Americus | GA | 31709 | PC | Unrestricted | $2,017 | |
| Our Mother's Home | |||||||
| PO Box 2240 | Venice | FL | 32484 | PC | Unrestricted | $10,000 | |
| Highland Landing Park Association | |||||||
| 12 Church Street | Highland | NY | 12528 | PC | Unrestricted | $10,000 | |
| Calusa Waterkeeper | |||||||
| PO Box 1165 | Ft Myers | FL | 33902 | PC | Unrestricted | $30,000 | |
| Town of Highland Preservation Socie | |||||||
| 12 Church Street | Highland | NY | 12528 | PC | Unrestricted | $10,000 | |
| Arts Society of Kingston | |||||||
| 97 Broadway | Kingston | NY | 12401 | PC | Unrestricted | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $136,502 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $114 | RelatedOrExemptFunctionIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,478 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$9,758 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$8,166 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$8,166 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| David Laties | ||||||
| 1 | 224 Fair Street | Kingston | NY | 12401 | $88,117 | Yes (X) |
| David Laties | ||||||
| 2 | 224 Fair Street | Kingston | NY | 12401 | $113,960 | Yes (X) |
| David Laties | ||||||
| 3 | 224 Fair Street | Kingston | NY | 12401 | $169,220 | Yes (X) |
| David Laties | ||||||
| 4 | 224 Fair Street | Kingston | NY | 12401 | $77,070 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1603 shares Bank NY Mellon | $88,117 | 2017-12-12 |
| 2 | 2000 shares CSX Corp | $113,960 | 2017-12-12 |
| 3 | 1000 shares Cummins Inc | $169,220 | 2017-12-12 |
| 4 | 3000 shares Macys Inc | $77,070 | 2017-12-12 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $6,300 | Amt |
| Net Investment Income | $3,150 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,150 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | Incorproation fees | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2015-11-15 | AcquiredCompletedOrExpendedDt |
| Amortized | $3,214 | AmortizedAmt |
| Deduction For Prior Years | $750 | DeductionForPriorYearsAmt |
| Amortization Period | 5.0000 | AmortizationPeriodRt |
| Current Year Amortization | $643 | CurrentYearAmortizationAmt |
| Total Amortization | $1,393 | TotalAmortizationAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Net Intangible Assets | Desc |
| BOY Book Value | $2,464 | BOYBookValueAmt |
| EOY Book Value | $1,821 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Amortization | $643 | $643 |
| Bank charges | $35 | $35 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $1,478 | RevenueAndExpensesPerBooksAmt |
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