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Nonprofiteer
← MADISON HOSTELS INC

Form 990 for tax year 2023

Filed by MADISON HOSTELS INC.

Totals

Total revenue
$77,837
Total expenses
$77,946
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$77,946
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$77,946

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ERIC STICKELS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • JAMES BETRO

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • JOSEPH ZIFCHOCK

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • SAMUEL GETMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • PERRY COURTO

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $238,340
    From this org
    $0
    From related orgs
    $201,444
    Other
    $36,896
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $201,444 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $11,124 related
    Nontaxable benefits
    $0 + $25,772 related
    Filer's total
    $0 + $238,340 related
  • KAREN MANSER

    CHIEF FINANCIAL OFFICER

    Total calculated
    $130,819
    From this org
    $0
    From related orgs
    $114,806
    Other
    $16,013
    Hours/week
    1 + 37.5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
PERRY COURTO HAS A DISCRETIONARY SPENDING ACCOUNT OF $1000 THRU NYSARC, INC. MADISON CORTLAND CHAPTER
PART I, LINE 3
ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS OF NYSARC, INC. MADISON CORTLAND CHAPTER, REVIEWS AND APPROVES PERFORMANCE GOALS, OBJECTIVES, AND COMPENSATION FOR THE EXECUTIVE DIRECTOR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
3 October 2024
IRS schema version
2023v5.1
Source object
202432779349301513

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