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Nonprofiteer
← EDITH M MAGOON TRUST 455

Form 990 for tax year 2023

Filed by EDITH M MAGOON TRUST 455.

Totals

Total revenue
$4,125
Total expenses
$9,462
Contributions and grants received
$0
Grants paid
$6,448
Program service revenue
$0
Investment income
$4,125
Other revenue
$0
Total assets, end of year
$140,314
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$140,314
Program services expenses (Part IX)
$6,448
Management and general expenses
$3,014
Fundraising expenses
$0
Program service expenses (Part III)
$8,562

Program services were 68.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 3 · Investment income

    total $3,769 · excluded $3,769

  • 7a · Gross sales of assets other than inventory

    securities $138,417

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

    securities $138,061

  • 7c · Gain or loss

    securities $356

  • 7d · Net gain or loss

    total $356

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,448 · program services $6,448

  • 5 · Compensation of officers, directors and key employees

    total $2,050 · management and general $2,050

  • 11c · Fees: accounting

    total $900 · management and general $900

  • 24e · All other expenses

    total $64 · management and general $64

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $55 · end of year $157

  • 2 · Savings and temporary cash investments

    beginning of year $7,634 · end of year $1,254

  • 12 · Investments: other securities

    beginning of year $137,973 · end of year $138,903

  • 31 · Retained earnings, endowment or other funds

    beginning of year $145,662 · end of year $140,314

Mission and programs · 2023

Mission

The purpose of the Trust is to make distributions to the supported organization, North Country Hospital and Health Center, formerly named Orleans County Memorial Hospital. Orleans County Memorial Hospital was designated as the sole beneficiary of the Trusts charitable interest per Article Eighth of the trust agreement, and continues to receive distributions under its new name North Country Hospital and Health Center

  • NORTH COUNTRY HOSPITAL & HEALTH CENTER INC.

    Expenses $8,562 · Grants $6,448

As filed on the 2023 return.

Listed in Part VII

  • M&T Bank Trust Coporation

    TRUSTEE

    Total calculated
    $2,050
    From this org
    $2,050
    From related orgs
    $0
    Other
    $0

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 May 2024
IRS schema version
2023v5.0
Source object
202411289349301456

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

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