Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $45,073

• 1f · All other contributions, gifts and grants

  $334,600

• 3 · Investment income

  total $12,571 · excluded $12,571

• 7a · Gross sales of assets other than inventory

  securities $183,010

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

  securities $165,559

• 7c · Gain or loss

  securities $17,451

• 7d · Net gain or loss

  total $17,451 · excluded $17,451

• 8a · Fundraising events: gross income

  $56,099

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

  $45,073

• 8b · Fundraising events: direct expenses

  $43,153

• 8c · Net income from fundraising events

  total $12,946 · excluded $12,946

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $314,994 · program services $314,994

• 7 · Other salaries and wages

  total $78,420 · fundraising $78,420

• 9 · Other employee benefits

  total $9,181 · fundraising $9,181

• 10 · Payroll taxes

  total $6,105 · fundraising $6,105

• 11c · Fees: accounting

  total $3,450 · management and general $3,450

• 11f · Fees: investment management

  total $1,923 · management and general $1,923

• 11g · Fees: other

  total $200 · fundraising $200

• 12 · Advertising and promotion

  total $4,236 · fundraising $4,236

• 13 · Office expenses

  total $2,377 · program services $917 · fundraising $1,460

• 14 · Information technology

  total $3,946 · program services $3,946

• 19 · Conferences, conventions and meetings

  total $77 · fundraising $77

• 24a · Other expenses: FUNDRAISING EXP RELEASE

  total $129,118 · fundraising $129,118

• 24b · Other expenses: DONOR DEVELOPMENT

  total $2,028 · fundraising $2,028

• 24c · Other expenses: FUNDRAISER EXPENSE

  total $1,497 · fundraising $1,497

• 24d · Other expenses: LASURDO'S LEGACY

  total $962 · fundraising $962

• 24e · All other expenses

  total $917 · fundraising $917

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $733,008 · end of year $733,362

• 3 · Pledges and grants receivable

  beginning of year $49,134 · end of year $28,146

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,047 · end of year $3,413

• 11 · Investments: publicly traded securities

  beginning of year $786,504 · end of year $607,812

• 12 · Investments: other securities

  beginning of year $302,694 · end of year $280,083

• 15 · Other assets

  beginning of year $342,532 · end of year $258,189

• 17 · Accounts payable and accrued expenses

  beginning of year $24,981 · end of year $30,452

• 25 · Other liabilities

  beginning of year $0 · end of year $12,350

• 27 · Net assets without donor restrictions

  beginning of year $850,722 · end of year $570,131

• 28 · Net assets with donor restrictions

  beginning of year $1,344,216 · end of year $1,298,072

The filer's explanations (Part III)

PART I, LINE 4B

THE FOLLOWING RECIEVED CONTRIBUTION/DEFERRAL FOR THE CURRENT YEAR: ROBERT CAULFIELD - $14,714

SCHEDULE J, PART I, LINE 3

THE FOUNDATION DOES NOT PAY ANY SALARIES DIRECTLY. ALL COMPENSATION IS PAID BY ACTIVE RETIREMENT COMMUNITY, INC., A RELATED ORGANIZATION. THE FOLLOWING PROCEDURES ARE UTILIZED BY ACTIVE RETIRMENT COMMUNITY, INC. TO ESTABLISH THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: 1)COMPENSATION COMMITTEE, 2)INDEPENDENT COMPENSATION CONSULTANT, 3)FORM 990 OF OTHER ORGANIZATION 4)COMPENSATION SURVEY OR STUDY, 5)APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER ANNUITY TRUSTS (4)

  T · ANNUITY TRUST · NY