Form 990 for tax year 2022
Filed by Gubernatorial Inaugural Committee Inc.
Totals
- Total revenue
- $22,956
- Total expenses
- $275,352
- Contributions and grants received
- $66,213
- Grants paid
- $139,307
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$43,257
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $275,352
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $275,352
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$66,213
-
8a · Fundraising events: gross income
$51,980
-
8a · Fundraising events: contributions included on line 1c
$51,980
-
8b · Fundraising events: direct expenses
$95,237
-
8c · Net income from fundraising events
total -$43,257
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $139,307 · program services $139,307
-
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 $0
-
11b · Fees: legal
total $100 · program services $100
-
11c · Fees: accounting
total $2,400 · program services $2,400
-
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 $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,150 · program services $2,150
-
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 $0
-
23 · Insurance
total $0
-
24a · Other expenses: Honorarium
total $1,250 · program services $1,250
-
24b · Other expenses: Cleaning and maintenance
total $250 · program services $250
-
24c · Other expenses: Commemorative items
total $9,326 · program services $9,326
-
24d · Other expenses: Equipment rent
total $19,115 · program services $19,115
-
24e · All other expenses
total $101,454 · program services $101,454
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $138,322
-
15 · Other assets
beginning of year $116,040
-
28 · Net assets with donor restrictions
beginning of year $254,362
Mission and programs · 2022
Mission
The Organization was established to raise funds for three inauguration events held in January 2023.
-
The Organization was established to raise funds for three inauguration related events. The inauguration occured in January 2023.
Expenses $136,045 · Revenue $65,950
-
The Organization distributed its remaining cash balance to qualified organizations as part of its dissolution in March 2023
Expenses $139,307 · Grants $139,307
As filed on the 2022 return.
Listed in Part VII
-
Jose D Naputi
President
- Total calculated
- $0
- Hours/week
- 20
-
Darlene A Cruz
Treasurer
- Total calculated
- $0
- Hours/week
- 30
-
Ellen P Bez
Secretary
- Total calculated
- $0
- Hours/week
- 30
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
-
$20,000
Dissolution of entity
-
$20,000
Dissolution of entity
-
$20,000
Dissolution of entity
-
$15,000
Dissolution of entity
-
GMHA Volunteers Association
$15,000
Dissolution of entity
-
Alee Shelter
$10,000
Dissolution of entity
-
Guam Women's Chamber of Commerce
$10,000
Dissolution of entity
-
$5,000
Dissolution of entity
-
Toghe Corporation
$5,000
Dissolution of entity
-
GY671
$5,000
Dissolution of entity
The 10 largest by cash amount. The API serves every itemized grant.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
11 distributions to recipients named as people, $130,000 in total. Counted where the filer named the recipient as a person, as filed. Who received them, and what, are not published.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421359349313472
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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