Skip to content
Nonprofiteer
← 701-703 MCCARTER HOLDING COMPANY INC

Form 990 for tax year 2022

Filed by 701-703 MCCARTER HOLDING COMPANY INC.

Totals

Total revenue
$260,397
Total expenses
$235,092
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$260,397
Total assets, end of year
$2,953,810
Total liabilities, end of year
$19,064
Net assets or fund balances, end of year
$2,934,746
Program services expenses (Part IX)
not reported
Management and general expenses
$235,092
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 6a · Gross rents

    real property $260,397

  • 6c · Rental income or loss

    real property $260,397

  • 6d · Net rental income or loss

    total $260,397

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $12,000 · management and general $12,000

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $2,000 · management and general $2,000

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $143 · management and general $143

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $89,036 · management and general $89,036

  • 23 · Insurance

    total $10,085 · management and general $10,085

  • 24a · Other expenses: UTILITIES

    total $8,710 · management and general $8,710

  • 24b · Other expenses: REPAIRS MAINTENANCE

    total $24,643 · management and general $24,643

  • 24c · Other expenses: CLEANING

    total $6,000 · management and general $6,000

  • 24d · Other expenses: REAL ESTATE TAX

    total $54,837 · management and general $54,837

  • 24e · All other expenses

    total $27,638 · management and general $27,638

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $25,880 · end of year $28,232

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,201 · end of year $5,435

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

    $3,351,817

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

    $431,674

  • 10c · Land, buildings and equipment, net

    beginning of year $2,998,454 · end of year $2,920,143

  • 25 · Other liabilities

    beginning of year $19,093 · end of year $19,064

  • 27 · Net assets without donor restrictions

    beginning of year $3,009,442 · end of year $2,934,746

Mission and programs · 2022

Mission

The Corporation has been organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over each year the entire amount, less expenses, to the Members, which are related entities and which are tax exempt under IRC Sections 501c5 and 501c9.

Activities or mission (Part I)

The Corporation has been organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over each year the entire amount, less expenses, to the Members, which are related entit

  • RECEIPT OF RENTAL INCOME TO ASSIST UNION MEMBERS

As filed on the 2022 return.

Listed in Part VII

  • DEBRA RICH

    VICE PRESIDENT

    Total calculated
    $214,188
    From this org
    $0
    From related orgs
    $214,188
    Other
    $0
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported

  • KEVIN MCCANN

    TREASURER

    Total calculated
    $156,176
    From this org
    $0
    From related orgs
    $156,176
    Other
    $0
    Hours/week
    5 + 4 related

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported

  • MEGAN CHAMBERS

    SECRETARY

    Total calculated
    $125,779
    From this org
    $0
    From related orgs
    $125,779
    Other
    $0
    Hours/week
    1 + 1 related

  • ALBERT ARROYO

    PRESIDENT

    Total calculated
    $125,594
    From this org
    $0
    From related orgs
    $125,594
    Other
    $0
    Hours/week
    1 + 1 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, and on a Form 990-PF Part VIII's — 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

None.

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
2022
Filed
9 October 2023
IRS schema version
2022v5.0
Source object
202302829349300440

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.