CIVIC INITIATIVES FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CIVIC INITIATIVES FOUNDATION (EIN 45-4110216)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-15
IRS object ID: 201313199349101481
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
Schedule B
Depreciation Schedule
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-15T11:03:01-08:00	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	GELTRUDE AND COMPANY CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	517 FRANKLIN AVE	AddressLine1
City	NUTLEY	City
State	NJ	State
ZIP Code	071101746	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	454110216	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Galvan Initiatives Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GALV	NameControl
Phone	2122928400	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	42 West 39th Street 14th Floor	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10018	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	T Eric Galloway	Name
Title	President	Title
Date Signed	2013-11-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Michael W Carlon	Name
PTIN	P00200642	PTIN
Phone	9736679100	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)
Initial Return	X	InitialReturn
Exempt PF	X	ExemptPF
FMV Assets EOY	9229729	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	9329150	ContriReceivedRevAndExpnss
Other Income Rev And Expnss	3005	OtherIncomeRevAndExpnss
Other Income Adj Net Incm	3005	OtherIncomeAdjNetIncm
Total Revenue And Expenses	9332155	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Total Adjusted Net Income	3005	TotalAdjustedNetIncome
Oth Empl Slrs Wgs Rev And Expnss	68962	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Adj Net Incm	68962	OthEmplSlrsWgsAdjNetIncm
Legal Fees Rev And Expnss	19073	LegalFeesRevAndExpnss
Legal Fees Adj Net Incm	19073	LegalFeesAdjNetIncm
Taxes Rev And Expnss	21114	TaxesRevAndExpnss
Taxes Adj Net Incm	21114	TaxesAdjNetIncm
Deprec And Depletion Rev And Expnss	18107	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Adj Net Incm	18107	DeprecAndDepletionAdjNetIncm
Trav Conf Meeting Rev And Expnss	1169	TravConfMeetingRevAndExpnss
Trav Conf Meeting Adj Net Incm	1169	TravConfMeetingAdjNetIncm
Other Expenses Rev And Expnss	93110	OtherExpensesRevAndExpnss
Other Expenses Adj Net Incm	93110	OtherExpensesAdjNetIncm
Tot Opr Expenses Rev And Expnss	221535	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	221535	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	0	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	221535	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	221535	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	9110620	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst EOY	7536	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	7536	SavingsAndTempCashInvstEOYFMV
Accounts Receivable	2900	AccountsReceivable
Accounts Receivable EOY	2900	AccountsReceivableEOY
Accounts Receivable EOYFMV	2900	AccountsReceivableEOYFMV
Land Building And Equipment Basis	9226811	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	18107	AccumDeprecLandBldgAndEquip
Land Building And Equipment EOY	9208704	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	9208704	LandBuildingAndEquipmentEOYFMV
Other Assets EOY	10589	OtherAssetsEOY
Other Assets EOYFMV	10589	OtherAssetsEOYFMV
Total Assets EOY	9229729	TotalAssetsEOY
Total Assets EOYFMV	9229729	TotalAssetsEOYFMV
Accounts Payable EOY	98544	AccountsPayableEOY
Other Liabilities EOY	20565	OtherLiabilitiesEOY
Total Liabilities EOY	119109	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted EOY	9110620	UnrestrictedEOY
Total Net Assets EOY	9110620	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	0	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	9229729	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Excess Of Revenue Over Expenses	9110620	ExcessOfRevenueOverExpenses
Subtotal	9110620	Subtotal
Total Net Assets Fund Balances EOY	9110620	TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax

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	false	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	true	PrivateOperatingFoundation
New Substantial Contributors	true	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	T Eric Galloway	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	2122928400	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	42 West 39th Street 14th Floor	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10018	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

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
Henry Van Ameringen
37 West 12th Street Apt 11E	New York	NY	100118502	Trustee	10.00	0
T Eric Galloway
345 Allen Street	Hudson	NY	12534	Trustee	10.00	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	The foundation direct its effort specifically toward the promotion of affordable housing and related services to low-income and otherwise disadvantaged persons living in the vicinity of the City of Hudson, New York State, by (a) sponsoring, planning, acquiring, delveloping, restoring and operating fee and leasehold properties in the area of the aforesaid City of Hudson and (b) conducting any and all lawful activities which may be useful and desirable in the furtherance of the foregoing	Description1
Expenses1	0	Expenses1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	7536	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	7536	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	7536	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	113	CashDeemedCharitable
Net Noncharitable Assets	7423	NetNoncharitableAssets
Minimum Investment Return	371	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	X	Sect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions

Private Operating Foundations PrivateOperatingFoundations

Field	Value	IRS element (for citing)
Section4942j3	X	Section4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	0	CurrentYear
Total	0	Total

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Total	0	Total

Total Assets TotalAssets

Field	Value	IRS element (for citing)
Current Year	9229729	CurrentYear
Total	9229729	Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Field	Value	IRS element (for citing)
Total	0	Total

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	Galvan Initiatives Foundation	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	42 West 39th Street 14th Fl	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10018	ZIPCode

Analysis Income Producing Acty AnalysisIncomeProducingActy

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Business Code	532000	BusinessCode
Unrelated Business Income	-$66,430	UnrelatedBusinessIncomeAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	-$66,430	UnrelatedBusinessIncomeAmount

Field	Value	IRS element (for citing)
Total Part XVIA	-66430	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType	Noncash Contribution TypeNoncashContributionType
2	H VAN AMERINGEN FOUNDATION	509 MADSION AVE	NEW YORK	NY	10022	850000	X
1	GALVAN PARTNERS LLC	42 WEST 39TH ST 14TH FL	HUDSON	NY	10018	8430504		X

Noncash Property NoncashProperty

Field	Value	IRS element (for citing)
Contributor Number From Part I	1	ContributorNumberFromPartI
Noncash Property Description	29 RESIDENTIAL AND COMMERCIAL PROPERTIES	NoncashPropertyDescription
Fair Market Value	8430504	FairMarketValue
Date Received	2013-12-21	DateReceived

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (104 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Computation MethodComputationMethod	RateRate	Current Year ExpenseCurrentYearExpense
2012 Chrysler 200	2012-01-18	22734	55	0.2000	4547
Improvements	2012-12-30	14135	85	0.0015	21
Improvements	2012-12-30	1611	85	0.0015	2
Improvements	2012-12-30	382	85	0.0015	1
Improvements	2012-12-30	51097	85	0.0015	78
Improvements	2012-12-30	22293	85	0.0015	34
Improvements	2012-12-30	11280	85	0.0015	17
Improvements	2012-12-30	20407	85	0.0015	31
Improvements	2012-12-30	4970	85	0.0015	8
Improvements	2012-12-30	6279	85	0.0015	10
Improvements	2012-12-30	8699	85	0.0015	13
Improvements	2012-12-30	3594	85	0.0015	5
Improvements	2012-12-30	1910	85	0.0015	3
Improvements	2012-12-30	7597	85	0.0015	12
Improvements	2012-12-30	4648	85	0.0015	7
Improvements	2012-12-30	3657	85	0.0015	6
Improvements	2012-12-30	9957	85	0.0015	15
Improvements	2012-12-30	9100	85	0.0015	14
Building	2012-11-15	150000	85	0.0046	683
Improvements	2012-12-30	4111	85	0.0015	6
Improvements	2012-12-30	88152	85	0.0015	134
Improvements	2012-12-30	3866	85	0.0015	6
Improvements	2012-12-30	1286	85	0.0015	2
Improvements	2012-12-30	7142	85	0.0015	11
Improvements	2012-12-30	3571	85	0.0015	5
Improvements	2012-12-30	88279	85	0.0015	134
Improvements	2012-12-30	91718	85	0.0015	139
Improvements	2012-11-15	93832	85	0.0046	427
32 Inprov	2012-12-21	2379	85	0.0015	4
100 Improv	2012-12-21	151947	85	0.0015	231
98 Improv	2012-12-21	172978	85	0.0015	263
94 Improv	2012-12-21	14051	85	0.0015	21
86 Improv	2012-12-21	6944	85	0.0015	11
85 Improv	2012-12-21	40735	85	0.0015	62
76 Improv	2012-12-21	3283	85	0.0015	5
68 Improv	2012-12-21	92495	85	0.0015	141
63 Improv	2012-12-21	97595	85	0.0015	148
58 Improv	2012-12-21	7149	85	0.0015	11
47 Improv	2012-12-21	440662	85	0.0015	670
46 Improv	2012-12-21	4533	85	0.0015	7
45 Improv	2012-12-21	4514	85	0.0015	7
44 Improv	2012-12-21	790	85	0.0015	1
43 Improv	2012-12-21	2122	85	0.0015	3
33 Improv	2012-12-21	5599	85	0.0015	9
31 Improv	2012-12-21	5575	85	0.0015	8
29 Improv	2012-12-21	1201	85	0.0015	2
27 Improvements	2012-12-21	1250	85	0.0015	2
20 Improvements	2012-12-21	2537	85	0.0015	4
412 Warren St Improv	2012-12-21	8653	85	0.0015	13
412 Warren St Improv	2012-12-21	3867	85	0.0015	6
412 Warren St Improv	2012-12-21	11283	85	0.0015	17
412 Warren St Improv	2012-12-21	19358	85	0.0015	29
412-416 Warren St Build	2012-12-21	411823	85	0.0015	626
346 Warren St Build	2012-12-21	264273	85	0.0015	402
317 Warren St Improv	2012-12-21	101599	85	0.0015	154
317 Warren St Improv	2012-12-21	4248	85	0.0015	6
317 Warren St Improv	2012-12-21	30587	85	0.0015	46
317 Warren St Build	2012-12-21	2195	85	0.0015	3
317 Warren St Build	2012-12-21	151802	85	0.0015	231
22-24 Warren St Build	2012-12-21	101500	85	0.0015	154
9 Union St Improv	2012-12-21	75277	85	0.0015	114
9 Union St Build	2012-12-21	187976	85	0.0015	286
213 Union St Build	2012-12-21	211743	85	0.0015	322
209-211Union St Improv	2012-12-21	586302	85	0.0015	891
211 Union St Improv	2012-12-21	9241	85	0.0015	14
211 Union St Improv	2012-12-21	8624	85	0.0015	13
211 Union St Improv	2012-12-21	2635	85	0.0015	4
211 Union St Improv	2012-12-21	7474	85	0.0015	11
211 Union St Build	2012-12-21	195517	85	0.0015	297
102-104 Union St Improv	2012-12-21	182866	85	0.0015	278
102-104 Union St Improv	2012-12-21	414133	85	0.0015	629
102-104 Union St Build	2012-12-21	531	85	0.0015	1
102-104 Union St Build	2012-12-21	45711	85	0.0015	69
34-36 South 2nd St Improv	2012-12-21	180620	85	0.0015	275
34-36 South 2nd St Improv	2012-12-21	8476	85	0.0015	13
34-36 South 2nd St Build	2012-12-21	127596	85	0.0015	194
438 Union St Build	2012-12-21	165000	85	0.0015	251
251-253 Union St Build	2012-12-21	200000	85	0.0015	304
25 Union St Build	2012-12-21	150000	85	0.0015	228
238 Union St Build	2012-12-21	134092	85	0.0015	204
215-217 Union St Build	2012-12-21	102013	85	0.0015	155
21-23 Union Street Build	2012-12-21	50012	85	0.0015	76
113 Union Street Build	2012-12-21	144896	85	0.0015	220
400 State St Build	2012-12-21	439058	85	0.0015	667
68 South 2nd St Build	2012-12-21	114696	85	0.0015	174
70-72 North 5th St Build	2012-12-21	78475	85	0.0015	119
61-71 North 5th St Build	2012-12-21	433149	85	0.0015	658
51 North 5th St Build	2012-12-21	445215	85	0.0015	677
20 North 5th St Build	2012-12-21	82874	85	0.0015	126
250 Allen St Build	2012-12-21	69326	85	0.0015	105
238 Allen Street Build	2012-12-21	56259	85	0.0015	86
501 UnionSt Build Improv	2012-12-21	39400	85	0.0015	60
501 UnionStBuilding Build	2012-12-21	259129	85	0.0015	394
618 State St Improv	2012-12-21	2042	85	0.0015	3
618 State St Improvements	2012-12-21	3292	85	0.0015	5
618 State St Building	2012-12-21	601	85	0.0015	1
618 State St Building	2012-12-21	52583	85	0.0015	80
354-356 Union St Improv	2012-12-21	18240	85	0.0015	28
354 Union St Improvements	2012-12-21	9118	85	0.0015	14
354-356 Union St Improv	2012-12-21	5158	85	0.0015	8
354-356 Union St Build	2012-12-21	189001	85	0.0015	287
12North 2nd Street Improv	2012-12-21	436	85	0.0015	1
12 North 2nd Street Build	2012-12-21	1341	85	0.0015	2
12North 2nd Street Build	2012-12-21	62222	85	0.0015	95

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (4 entries)

Category Or ItemCategoryOrItem	Cost Or Other BasisCostOrOtherBasis	Book ValueBookValue	Accumulated DepreciationAccumulatedDepreciation	EOYFMVEOYFMV
Land	639550	639550
Improvements	3355759	3350376	5383
Buildings	5208768	5200591	8177	9208704
Auto./Transportation Equip.	22734	18187	4547

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Amount	$19,073	Amount
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	19073	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (2 entries)

DescriptionDescription	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
Escrow Assets	10589
		10589

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (9 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Adjusted Net IncomeAdjustedNetIncome
utilities	336	336
telephone expense	2610	2610
Rental Expenses	55875	55875
payroll processing fees	2549	2549
maintenance & repairs	22287	22287
insurance expense	2998	2998
dues & publications	1323	1323
development expenses	5000	5000
bank charges	132	132

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	Rental Income - Noninvestment Property	Description
Revenue And Expenses Per Books	3005	RevenueAndExpensesPerBooks
Adjusted Net Income	3005	AdjustedNetIncome

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Rent Security Deposit	Description
EOY Book Value	20565	EOYBookValue

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

Field	Value	IRS element (for citing)
Person Name	GALVAN PARTNERS LLC	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	42 WEST 39TH ST 14TH FL	AddressLine1
City	HUDSON	City
State	NY	State
ZIP Code	10018	ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Adjusted Net IncomeAdjustedNetIncome
payroll taxes	$7,137	7137
Other Real estate taxes	$13,977	13977

CIVIC INITIATIVES FOUNDATION: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Qualifying Distributions QualifyingDistributions

Total Assets TotalAssets

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActy

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo (2 entries)

Noncash Property NoncashProperty

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (104 entries)

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (4 entries)

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (9 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

US Address USAddress

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments