LOUIS LEVIN FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LOUIS LEVIN FOUNDATION (EIN 22-6076671)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-07
- IRS object ID
- 201313119349100001
- Schema version
- 2012v2.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-07T04:57:08-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEUSCHATZ HERMAN HANKE & SAMARRO CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 PROSPECT ST | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 074504406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 226076671 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUIS LEVIN FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | CO NEUSCHATZ HERMAN HANKE & SAMARRO LLP | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOUI | NameControl |
| Phone | 2013017700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 PROSPECT STREET | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERWIN ROSE | Name |
| Title | Vice President | Title |
| Date Signed | 2013-11-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELIOT J LEWISKIN CPA | Name |
| PTIN | P00210958 | PTIN |
| Phone | 2013017700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 0 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 29101 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 29101 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 29101 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -119010 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 366651 | GrossSalesPrice |
| Other Income Rev And Expnss | -45463 | OtherIncomeRevAndExpnss |
| Total Revenue And Expenses | -135372 | TotalRevenueAndExpenses |
| Total Net Investment Income | 29101 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 29101 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 6000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 6000 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Adj Net Incm | 6000 | CompOfcrDirTrstAdjNetIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 6000 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 3543 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 3543 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 3543 | AccountingFeesAdjNetIncm |
| Taxes Rev And Expnss | 943 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 943 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 943 | TaxesAdjNetIncm |
| Other Expenses Rev And Expnss | 9617 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 9617 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 9617 | OtherExpensesAdjNetIncm |
| Tot Opr Expenses Rev And Expnss | 20103 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 20103 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 20103 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 6000 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 20103 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 20103 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 20103 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 6000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -155475 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 8998 | NetInvestmentIncome |
| Adjusted Net Income | 8998 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 9483 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 119861 | SavingsAndTempCashInvstEOY |
| Other Notes And Loans Receivable | 20000 | OtherNotesAndLoansReceivable |
| Other Notes And Loans Rcvbl BOY | 20000 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 20000 | OtherNotesAndLoansRcvblEOY |
| Prepaid Expenses BOY | 255 | PrepaidExpensesBOY |
| Investments Corp Stock BOY | 342234 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 83486 | InvestmentsCorpStockEOY |
| Investments Corp Bonds BOY | 169374 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 185428 | InvestmentsCorpBondsEOY |
| Investments Other BOY | 50415 | InvestmentsOtherBOY |
| Investments Other EOY | 27512 | InvestmentsOtherEOY |
| Total Assets BOY | 591761 | TotalAssetsBOY |
| Total Assets EOY | 436287 | TotalAssetsEOY |
| Total Assets EOYFMV | 0 | TotalAssetsEOYFMV |
| Other Liabilities EOY | 1 | OtherLiabilitiesEOY |
| Total Liabilities EOY | 1 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 591761 | CapitalStockBOY |
| Capital Stock EOY | 436286 | CapitalStockEOY |
| Total Net Assets BOY | 591761 | TotalNetAssetsBOY |
| Total Net Assets EOY | 436286 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 591761 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 436287 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 591761 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -155475 | ExcessOfRevenueOverExpenses |
| Subtotal | 436286 | Subtotal |
| Total Net Assets Fund Balances EOY | 436286 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | PER ATTACHED SCHEDULE | DescriptionOfAsset |
| How Acquired | P | HowAcquired |
| Date Acquired | 2012-12-31 | DateAcquired |
| Date Sold | 2012-12-31 | DateSold |
| Gross Sales Price | 366651 | GrossSalesPrice |
| Cost Or Other Basis | 485661 | CostOrOtherBasis |
| Gain Or Loss | -119010 | GainOrLoss |
| Gains Minus Excess Or Losses | -119010 | GainsMinusExcessOrLosses |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -119010 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -119010 | NetShortTermCapitalGainOrLoss |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 180 | InvestmentIncomeExciseTax |
| Subtotal | 180 | Subtotal |
| Tax Based On Investment Income | 180 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 1329 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 1329 | TotalCreditsAndPayments |
| Overpayment | 1149 | Overpayment |
| Amount Credited To Next Year | 1149 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NJ | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEUSCHATZ HERMAN HANKE & SAMAR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2013017700 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 PROSPECT STREET | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | true | ForeignBank |
| Name Of Foreign Country | CA | NameOfForeignCountry |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| ERWIN ROSE | ||||||
| 27 MOSSMAN ROAD | SUDBURY | MA | 01776 | Vice President | 1.00 | 6000 |
| DAVID ROSE | ||||||
| c/o Lewiskin 124 PROSPECT ST | RIDGEWOOD | NJ | 07450 | President | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 180 | TaxBasedOnInvestmentIncome |
| Total Tax | 180 | TotalTax |
| Distributable Amount Before Adj | 180 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 180 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 6000 | ExpensesAndContributions |
| Qualifying Distributions | 6000 | QualifyingDistributions |
| Adj Qualifying Distributions | 6000 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 17698 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 27724 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 47605 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 30498 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 46185 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 169710 | TotalExcessDistriCarryover |
| Qualifying Distributions | 6000 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Remaining Distri From Corpus | 6000 | RemainingDistriFromCorpus |
| Total Corpus | 175710 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 17698 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 158012 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 27724 | ExcessFromYear4 |
| Excess From Year3 | 47605 | ExcessFromYear3 |
| Excess From Year2 | 30498 | ExcessFromYear2 |
| Excess From Year1 | 46185 | ExcessFromYear1 |
| Excess From Current Year | 6000 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | DAVID ROSE PRESIDENT | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 PROSPECT STREET | AddressLine1 |
| City | RIDGEWOOS | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2013017700 | RecipientPhoneNumber |
| Form And Info And Materials | PROPOSALS FOR WHICH FUNDS WILL BE USED | FormAndInfoAndMaterials |
| Submission Deadlines | NONE | SubmissionDeadlines |
| Restrictions On Awards | FUNDS USED FOR OLD AGE HOMES, ORPHANAGES, MEDICAL RESEARCH AND MEDICAL COLLEGES | RestrictionsOnAwards |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $29,101 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 12 | ExclusionCode |
| Exclusion | $45,463 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -119010 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$16,362 | ExclusionAmount |
| Related Or Exempt Function Income | -119010 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -135372 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | Category |
| Amount | $3,543 | Amount |
| Net Investment Income | 3543 | NetInvestmentIncome |
| Adjusted Net Income | 3543 | AdjustedNetIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| MANAGEMENT FEE | 4662 | 4662 | 4662 |
| INVESTMENT INTEREST EXPENSE | 4955 | 4955 | 4955 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Investment Income | Description |
| Revenue And Expenses Per Books | -45463 | RevenueAndExpensesPerBooks |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Withheld Tax | Category |
| Amount | $943 | Amount |
| Net Investment Income | 943 | NetInvestmentIncome |
| Adjusted Net Income | 943 | AdjustedNetIncome |
Comments