PROVIDENT LOAN SOCIETY OF NEW YORK: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
PROVIDENT LOAN SOCIETY OF NEW YORK (EIN 13-5585375)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-10-31
IRS object ID
201733049349300533
Schema version
2016v3.0
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)
Return2017-10-31T09:41:00-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11185 AVENUE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100362602ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135585375EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PROVIDENT LOAN SOCIETY OF NEW YORKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPROVBusinessNameControlTxt
Phone2126850380PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1346 PARK AVENUE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100101708ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN T HIGNEYPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2126850380PhoneNum
Signature2017-10-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYNNE JOHNSONPreparerPersonNm
PTINP00757336PTIN
Phone2123721000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address108.171.131.187IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-10-30IPDt
IP Tm21:27:35IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7FAEB9026BB29A2473DF58312E7459CAE1357782AtSubmissionCreationDeviceId
At Submission Filing Device Id74945D2FC77B6F91CA20B0294C60E870FB0C5B8EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN T HIGNEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1346 PARK AVENUE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100101708ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,971,056GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.PROVIDENTLOAN.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1894FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO AID PERSONS IN NEED OF PECUNIARY ASSISTANCEActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee43TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,976,345PYProgramServiceRevenueAmt
CY Program Service Revenue$4,765,489CYProgramServiceRevenueAmt
PY Investment Income$443PYInvestmentIncomeAmt
CY Investment Income$567CYInvestmentIncomeAmt
PY Other Revenue$271,930PYOtherRevenueAmt
CY Other Revenue$205,000CYOtherRevenueAmt
PY Total Revenue$5,248,718PYTotalRevenueAmt
CY Total Revenue$4,971,056CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,379,656PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,805,057CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,573,431PYOtherExpensesAmt
CY Other Expenses$2,155,143CYOtherExpensesAmt
PY Total Expenses$5,953,087PYTotalExpensesAmt
CY Total Expenses$4,960,200CYTotalExpensesAmt
PY Revenues Less Expenses-$704,369PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,856CYRevenuesLessExpensesAmt
Total Assets BOY$19,657,947TotalAssetsBOYAmt
Total Assets EOY$18,488,900TotalAssetsEOYAmt
Total Liabilities BOY$8,337,927TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,574,090TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,320,020NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,914,810NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE SOCIETY IS TO AID PERSONS IN NEED OF PECUNIARY ASSISTANCE BY LOANS OF MONEY AT INTEREST UPON PLEDGE OF PERSONAL PROPERTY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,033,984ExpenseAmt
Revenue$4,765,489RevenueAmt
DescTHE SOLE PROGRAM SERVICE ACTIVITY OF THE SOCIETY IS TO AID PERSONS IN NEED OF PECUNIARY ASSISTANCE BY LOANS OF MONEY AT INTEREST UPON THE PLEDGE OF PERSONAL PROPERTY. APPROXIMATE NUMBER OF LOANS MADE DURING 2016 = 28,000Desc
Total Program Service Expenses$3,033,984TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee43EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KEVIN KINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2126850380PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1346 PARK AVENUE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100101708ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
RICHARD A DRUCKER
CHAIRMAN0.30Yes (X)Yes (X)$0$0$0
AUSTIN V SHAPARD
SECRETARY/TREASURER0.30Yes (X)Yes (X)$0$0$0
EDWARD D PARDOE III
TRUSTEE0.30Yes (X)$0$0$0
GEORGE DEWEY THRU 21016
TRUSTEE0.30Yes (X)$0$0$0
JANE G GRIMES
TRUSTEE0.30Yes (X)$0$0$0
RADFORD W KLOTZ
TRUSTEE0.30Yes (X)$0$0$0
REBECCA LINDSEY
TRUSTEE0.30Yes (X)$0$0$0
THATCHER M BROWN III
TRUSTEE0.30Yes (X)$0$0$0
TROLAND S LINK
TRUSTEE0.30Yes (X)$0$0$0
MARK RAMBLER FROM 5416
TRUSTEE0.30Yes (X)$0$0$0
ISAAC P RODRIGUEZ
PRESIDENT & CEO35.00Yes (X)$148,052$0$26,727
JOHN T HIGNEY
VP & COO35.00Yes (X)$121,547$0$33,778
THEODORE C FISHER
ASSISTANT SECRETARY35.00Yes (X)$87,955$0$13,293
ANTHONY LORE
ASSISTANT SECRETARY35.00Yes (X)$87,369$0$12,713
KEVIN KING
CONTROLLER35.00Yes (X)$66,136$0$13,520
LINDA FLAKE THRU 31416
VP, HUMAN RESOURCE DIRECTOR35.00Yes (X)$37,248$0$2,899
SCOTT WATSON
CMO35.00$101,389$0$32,109Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$649,696TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$135,039TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST EARNED ON LOA522299$4,189,272$4,189,272
STORAGE FEE INCOME522299$401,227$401,227
TICKET FEE INCOME522299$172,643$172,643
SERVICE FEE INCOME522299$2,347$2,347
FieldValueIRS element (for citing)
Total Program Service Revenue$4,765,489TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$567TotalRevenueColumnAmt
Exclusion$567ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$205,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$205,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$205,000TotalRevenueColumnAmt
Exclusion$205,000ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,971,056TotalRevenueColumnAmt
Related Or Exempt Func Income$4,765,489RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$205,567ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$633,930TotalAmt
Program Services$342,097ProgramServicesAmt
Management And General$291,833ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,503,829TotalAmt
Program Services$859,937ProgramServicesAmt
Management And General$643,892ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$208,402TotalAmt
Program Services$34,782ProgramServicesAmt
Management And General$173,620ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$269,188TotalAmt
Program Services$165,917ProgramServicesAmt
Management And General$103,271ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$189,708TotalAmt
Program Services$121,612ProgramServicesAmt
Management And General$68,096ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$64,816TotalAmt
Management And General$64,816ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$59,569TotalAmt
Management And General$59,569ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$57,255TotalAmt
Management And General$57,255ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$453,199TotalAmt
Program Services$452,799ProgramServicesAmt
Management And General$400ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$128,371TotalAmt
Program Services$95,749ProgramServicesAmt
Management And General$32,622ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$82,883TotalAmt
Program Services$9,200ProgramServicesAmt
Management And General$73,683ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$420,733TotalAmt
Program Services$396,730ProgramServicesAmt
Management And General$24,003ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,043TotalAmt
Program Services$2,751ProgramServicesAmt
Management And General$4,292ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$191,672TotalAmt
Program Services$189,646ProgramServicesAmt
Management And General$2,026ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$103,703TotalAmt
Program Services$28,241ProgramServicesAmt
Management And General$75,462ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$213,172TotalAmt
Program Services$157,579ProgramServicesAmt
Management And General$55,593ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OTHER EXPENSES$167,249$56,078$111,171
REPAIRS & MAINTENANCE$112,269$66,162$46,107
CONSULTING EXPENSE$54,548$16,043$38,505
AUCTION SALE LOSS$38,661$38,661$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,960,200TotalAmt
Program Services$3,033,984ProgramServicesAmt
Management And General$1,926,216ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,106,436BOYAmt
EOY$1,181,326EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$543,176BOYAmt
EOY$611,501EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,878,813BOYAmt
EOY$13,724,899EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$281,799BOYAmt
EOY$282,667EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,977,228LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,750,516LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,310,885BOYAmt
EOY$1,226,712EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,536,838BOYAmt
EOY$1,461,795EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$19,657,947BOYAmt
EOY$18,488,900EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$210,913BOYAmt
EOY$232,939EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$4,950,000BOYAmt
EOY$4,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,177,014BOYAmt
EOY$3,341,151EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,337,927BOYAmt
EOY$7,574,090EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,320,020BOYAmt
EOY$10,914,810EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,320,020BOYAmt
EOY$10,914,810EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,657,947BOYAmt
EOY$18,488,900EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$10,856ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$416,066OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$377,975OtherCostOrOtherBasisAmt
Book Value$377,975BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,477,300OtherCostOrOtherBasisAmt
Depreciation$1,030,015DepreciationAmt
Book Value$447,285BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$152,168OtherCostOrOtherBasisAmt
Depreciation$149,800DepreciationAmt
Book Value$2,368BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$653,863OtherCostOrOtherBasisAmt
Depreciation$539,201DepreciationAmt
Book Value$114,662BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$315,922OtherCostOrOtherBasisAmt
Depreciation$31,500DepreciationAmt
Book Value$284,422BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,226,712TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
ACCRUED INTEREST ON LOANS$1,267,715
TICKET FEES RECEIVABLE$58,569
STORAGE FEES RECEIVABLE$135,511
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,461,795TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
EXCESS OF PROCEEDS FROM AUCTION SALES OVER LOANS$585,596
LIABILITY FOR POST-RETIREMENT WELFARE BENEFITS$1,286,870
ACCRUED PENSION BENEFIT OBLIGATION$1,342,250
SECURITY DEPOSIT PAYABLE$107,861
LIABILITY UNDER CAPITAL LEASE$18,574
FieldValueIRS element (for citing)
Total Liability$3,341,151TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,971,056TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,971,056RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,971,056TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,376,266TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$416,066OtherExpensesIncludedAmt
Expenses Not Reported$416,066ExpensesNotReportedAmt
Expenses Subtotal$4,960,200ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,960,200TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES. THE SOCIETY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. MANAGEMENT EVALUATED THE SOCIETY'S TAX POSITIONS AND CONCLUDED THAT THE SOCIETY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE SOCIETY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2013, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD.
PART XII, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN PENSION & OTHER POSTRETIREMENT CHGS OTHER THAN NET PERIODIC COSTS 416,066.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ISAAC P RODRIGUEZ
PRESIDENT & CEO$147,962$0$0$0$90$0$14,806$0$11,921$0$174,779$0$0$0
JOHN T HIGNEY
VP & COO$118,038$0$0$0$3,509$0$18,233$0$15,545$0$155,325$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE CONTROLLER AND PRESIDENT/CEO REVIEW THE FORM 990. THE SOCIETY'S FORM 990 IS REVIEWED VIA TELEPHONE CONFERENCE CALL WITH THE AUDIT COMMITTEE AND IS THEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE SOCIETY'S OFFICERS AND TRUSTEES SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS, DISCLOSING ALL RELATIONSHIPS BETWEEN THEM AND THE BUSINESS ORGANIZATIONS CONDUCTING BUSINESS WITH THE SOCIETY. THESE STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE, WHO WILL ATTEMPT TO RESOLVE ANY ACTUAL OR POTENTIAL CONFLICT(S) AND, IN THE ABSENCE OF RESOLUTION, WILL REFER THE MATTER TO THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF TRUSTEES SETS THE COMPENSATION AMOUNTS FOR THE SOCIETY'S OFFICERS AND KEY EMPLOYEES, INCLUDING THE PRESIDENT/CEO, AT ITS ANNUAL NOVEMBER MEETING. THE BOARD RECEIVES, FROM THE PRESIDENT/CEO, A LISTING OF ACTIVE OFFICERS' SALARIES FOR THE PRIOR TWO YEARS, THE LAST INCREASES GRANTED, AND PROPOSED INCREASES WHICH, SUBJECT TO APPROVAL, WOULD BE USED FOR THE COMING BUDGETARY YEAR. THE MEASURES USED IN EVALUATING THE SALARIES OF THE PRESIDENT/CEO, OTHER OFFICERS, AND KEY EMPLOYEES ARE: THE FINANCIAL CONDITION OF THE SOCIETY, EVALUATIONS BY SUPERVISORS, LENGTH OF SERVICE, AND COMPARATIVE COMPENSATION INFORMATION OF OTHER NOT-FOR-PROFIT ORGANIZATIONS, DERIVED PERIODICALLY FROM INDEPENDENT SOURCES. THE COMPENSATION DELIBERATION AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19COPIES OF THE SOCIETY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
FORM 990, PART VII:THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS.
FORM 990, PART XI, LINE 9:CHANGE IN PENSION & OTHER POSTRETIREMENT CHGS OTHER THAN NET PERIODIC COSTS -416,066.

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