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← Providence St Mel Foundation

Form 990 for tax year 2022

Filed by Providence St Mel Foundation.

Totals

Total revenue
$1,170,672
Total expenses
$4,534,418
Contributions and grants received
$0
Grants paid
$4,534,418
Program service revenue
$0
Investment income
$1,170,672
Other revenue
$0
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)
$4,534,418
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$4,534,418

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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $71,421 · excluded $71,421

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $5,107,041

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

    securities $4,007,790

  • 7c · Gain or loss

    securities $1,099,251 · other assets $0

  • 7d · Net gain or loss

    total $1,099,251 · excluded $1,099,251

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,534,418 · program services $4,534,418

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $5,265,603 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $2,758 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $795,284 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $4,473,077 · end of year $0

Mission and programs · 2022

Mission

THE PURPOSE OF PROVIDENCE ST. MEL FOUNDATION IS TO HOLD FUNDS AND DISBURSE EARNINGS TO PROVIDENCE ST. MEL SCHOOL FOR SCHOLARSHIP AND GENERAL OPERATION PURPOSES.

Activities or mission (Part I)

TO HOLD FUNDS AND DISBURSE EARNINGS TO PROVIDENCE ST. MEL SCHOOL FOR SCHOLARSHIP AND GENERAL OPERATIONS.

  • PROVIDENCE ST. MEL FOUNDATION WAS ORGANIZED TO COLLECT AND DISBURSE FUNDS TO PROVIDENCE ST. MEL SCHOOL, A RELATED TAX-EXEMPT SCHOOL. ALL FUNDS ON HAND WERE DISBURSED DURING THIS FISCAL YEAR.

    Expenses $4,534,418 · Grants $4,534,418

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeanette Butala

    Board Secretary/Treasurer

    Total calculated
    $223,708
    From this org
    $0
    From related orgs
    $195,146
    Other
    $28,562
    Hours/week
    0.2 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,146 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $2,500 related
    Nontaxable benefits
    $0 + $26,062 related
    Filer's total
    $0 + $223,708 related

  • Paul J Adams III

    Board President

    Total calculated
    $198,164
    From this org
    $0
    From related orgs
    $160,146
    Other
    $38,018
    Hours/week
    0.2 + 29.8 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,146 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $2,500 related
    Nontaxable benefits
    $0 + $35,518 related
    Filer's total
    $0 + $198,164 related

  • Denise Seminetta

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 1.2 related

  • Gregory Pusinelli

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 5 related

  • Karen Pritzker

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 0.3 related

  • Lori Dawson

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 4 related

  • Michael D O'Halleran

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 0.3 related

  • Thomas H Dittmer

    Trustee

    Total calculated
    $0
    Hours/week
    0.2

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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
SEE SCHEDULE O EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15

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

  • PROVIDENCE ST MEL SCHOOL

    $4,534,418

    DISTRIBUTION OF NET ASSETS DUE TO TERMINATION OF THE TRUST, FOR GENERAL OPERATING PURPOSES OF THE SCHOOL

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.

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.

1 distribution to a recipient named as a person, $5,328,010. 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
13 May 2024
IRS schema version
2022v5.0
Source object
202421349349306517

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

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