Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $98,109

• 1f · All other contributions, gifts and grants

  $11,878,530

• 1g · Noncash contributions included above

  $1,095,337

• 2a · Program service revenue: ADMINISTRATIVE SERVICE FEES

  total $103,883 · related or exempt $103,883

• 3 · Investment income

  total $2,048,946 · excluded $2,048,946

• 7a · Gross sales of assets other than inventory

  securities $25,942,863

• 7b · Less cost or other basis and sales expenses

  securities $22,302,230

• 7c · Gain or loss

  securities $3,640,633

• 7d · Net gain or loss

  total $3,640,633 · excluded $3,640,633

• 8a · Fundraising events: gross income

  $88,852

• 8a · Fundraising events: contributions included on line 1c

  $98,109

• 8b · Fundraising events: direct expenses

  $80,674

• 8c · Net income from fundraising events

  total $8,178 · excluded $8,178

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $10,141,197 · program services $10,141,197

• 2 · Grants to domestic individuals

  total $434,259 · program services $434,259

• 5 · Compensation of officers, directors and key employees

  total $295,651 · program services $125,689 · management and general $165,208 · fundraising $4,754

• 7 · Other salaries and wages

  total $509,357 · program services $320,348 · management and general $146,272 · fundraising $42,737

• 8 · Pension plan contributions

  total $13,459 · program services $8,674 · management and general $3,658 · fundraising $1,127

• 9 · Other employee benefits

  total $79,269 · program services $51,581 · management and general $22,228 · fundraising $5,460

• 10 · Payroll taxes

  total $71,336 · program services $39,156 · management and general $27,998 · fundraising $4,182

• 11c · Fees: accounting

  total $44,500 · management and general $44,500

• 11d · Fees: lobbying

  total $4,500 · management and general $4,500

• 11f · Fees: investment management

  total $159,567 · management and general $159,567

• 11g · Fees: other

  total $259,185 · program services $221,300 · management and general $37,885

• 12 · Advertising and promotion

  total $62,316 · program services $60,738 · management and general $1,578

• 13 · Office expenses

  total $103,373 · program services $43,415 · management and general $59,253 · fundraising $705

• 14 · Information technology

  total $84,612 · program services $44,772 · management and general $39,092 · fundraising $748

• 16 · Occupancy

  total $130,143 · program services $77,002 · management and general $51,309 · fundraising $1,832

• 17 · Travel

  total $8,240 · program services $6,035 · management and general $2,205

• 19 · Conferences, conventions and meetings

  total $18,673 · program services $9,699 · management and general $1,186 · fundraising $7,788

• 22 · Depreciation, depletion and amortization

  total $11,546 · program services $6,831 · management and general $4,552 · fundraising $163

• 23 · Insurance

  total $14,634 · management and general $14,634

• 24a · Other expenses: PROGRAM INITIATIVES

  total $188,878 · program services $188,878

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $225,219 · end of year $130,215

• 2 · Savings and temporary cash investments

  beginning of year $14,847,124 · end of year $12,173,216

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $35,500

• 4 · Accounts receivable

  beginning of year $160,078 · end of year $171,351

• 9 · Prepaid expenses and deferred charges

  beginning of year $61,027 · end of year $25,464

• 10a · Land, buildings and equipment: cost or other basis

  $103,036

• 10b · Land, buildings and equipment: accumulated depreciation

  $54,962

• 10c · Land, buildings and equipment, net

  beginning of year $29,177 · end of year $48,074

• 11 · Investments: publicly traded securities

  beginning of year $80,409,542 · end of year $90,521,349

• 12 · Investments: other securities

  beginning of year $332,442 · end of year $326,165

• 15 · Other assets

  beginning of year $39,617 · end of year $904,840

• 17 · Accounts payable and accrued expenses

  beginning of year $118,293 · end of year $73,797

• 18 · Grants payable

  beginning of year $746,356 · end of year $524,116

• 19 · Deferred revenue

  beginning of year $0 · end of year $64,583

• 21 · Escrow or custodial account liability

  beginning of year $9,361,546 · end of year $9,989,158

• 25 · Other liabilities

  beginning of year $0 · end of year $871,388

• 27 · Net assets without donor restrictions

  beginning of year $85,620,589 · end of year $92,561,967

• 28 · Net assets with donor restrictions

  beginning of year $257,442 · end of year $251,165

The filer's explanations (Part III)

PART I, LINE 7

CERTAIN INDIVIDUALS REPORTED ON FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II RECEIVED DISCRETIONARY BONUSES DURING CALENDAR YEAR 2022.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• COMMUNITY FOUNDATIONS REAL ESTATE LLC

  REAL ESTATE · NY · income $0 · assets $0

  Directly controlled by COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY INC