WALTER R EARLE MEMORIAL FOUNDATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
WALTER R EARLE MEMORIAL FOUNDATION INC (EIN 32-0299614)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-28
IRS object ID
201512409349300406
Schema version
2014v5.0
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)
Return2015-08-28T08:36:04-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KEITH SPRINGERBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1012AddressLine1Txt
CityFORKED RIVERCityNm
State AbbreviationNJStateAbbreviationCd
ZIP087310336ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320299614EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WALTER R EARLE MEMORIAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWALTBusinessNameControlTxt
Phone7323081113PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 757AddressLine1Txt
CityFARMINGDALECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07727ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWALTER R EARLE IIPersonNm
Person TitleCHAIRMAN BOARD OF DIRECTORSPersonTitleTxt
Phone7323081113PhoneNum
Signature2015-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEITH SPRINGERPreparerPersonNm
PTINP00630342PTIN
Phone6193121674PhoneNum
Preparation2015-08-28PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWALTER R EARLE IIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 757AddressLine1Txt
CityFARMINGDALECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07727ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$22,555GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionFOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED AND/OR REVISED BY THE CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TOWARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,500PYContributionsGrantsAmt
CY Contributions Grants$22,555CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,500PYTotalRevenueAmt
CY Total Revenue$22,555CYTotalRevenueAmt
PY Grants And Similar Paid$75,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$22,565CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,043PYOtherExpensesAmt
CY Other Expenses$1,096CYOtherExpensesAmt
PY Total Expenses$76,043PYTotalExpensesAmt
CY Total Expenses$23,661CYTotalExpensesAmt
PY Revenues Less Expenses-$74,543PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,106CYRevenuesLessExpensesAmt
Total Assets BOY$24,358TotalAssetsBOYAmt
Total Assets EOY$23,252TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,358NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$23,252NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED AND/OR REVISED BY THE CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TOWARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$23,661ExpenseAmt
Grant$22,565GrantAmt
DescPROVIDED SUPPORT FOR HOSPITALDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescINSURANCE EXPENSE NECESSARY FOR DAY TO DAY OPERATIONSDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$23,661TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWALTER R EARLE MEMORIAL FOUNDATIONPersonNm
Phone7323081113PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 757AddressLine1Txt
CityFARMINGDALECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07727ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WALTER R EARLE II
PRESIDENTYes (X)$0$0$0
THOMAS J EARLE
VICE PRESIDEYes (X)$0$0$0
MICHAEL EARLE
SECRETARYYes (X)$0$0$0
GRACE VANAARTJIK
BOARD MEMBERYes (X)$0$0$0
KEITH SPRINGER
BOARD MEMBERYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$22,555AllOtherContributionsAmt
Total Contributions$22,555TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,555TotalRevenueColumnAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$22,565TotalAmt
Program Services$22,565ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,096TotalAmt
Program Services$1,096ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,661TotalAmt
Program Services$23,661ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$24,358BOYAmt
EOY$23,252EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,358BOYAmt
EOY$23,252EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,358BOYAmt
EOY$23,252EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,358BOYAmt
EOY$23,252EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,358BOYAmt
EOY$23,252EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,106ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$75,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,500CurrentTaxYearMinus1YearAmt
Current Tax Year$22,555CurrentTaxYearAmt
Total$174,055TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$75,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,500CurrentTaxYearMinus1YearAmt
Current Tax Year$22,555CurrentTaxYearAmt
Total$174,055TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$75,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Total$150,000TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$75,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Total$150,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$24,055PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$75,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$75,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,500CurrentTaxYearMinus1YearAmt
Current Tax Year$22,555CurrentTaxYearAmt
Total$174,055TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.13820PublicSupportCY509Pct
Public Support PY5090.00990PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Private Foundation509Yes (X)PrivateFoundation509Ind

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeHEALTH AND WELFAREGrantTypeTxt
Recipient1RecipientCnt
Cash Grant$22,565CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONFOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED AND/OR REVISED BY THE CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TOWARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.
FORM 990, PAGE 2, PART III, LINE 4DINSURANCE EXPENSE NECESSARY FOR DAY TO DAY OPERATIONS
FORM 990, PAGE 6, PART VI, LINE 2WALTER R. EARLE II THOMAS J EARLE PRESIDENT VICE PRESIDE BROTHER WALTER R. EARLE II MICHAEL EARLE PRESIDENT SECRETARY BROTHER THOMAS J EARLE MICHAEL EARLE VICE PRESIDE SECRETARY BROTHER
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 12CALL EXPENSES ARE VOTED ON APPROVED BY THE TRUSTEES. NO ONE INDIVIDUAL HAS THE AUTHORITY TO APPROVE TRANSACTIONS WITHOUT THE OTHERS CONSENT
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC

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