Skip to content
Nonprofiteer
← CHAPEL HAVEN ENDOWMENT INC

Form 990 for tax year 2023

Filed by CHAPEL HAVEN ENDOWMENT INC.

Totals

Total revenue
$262,002
Total expenses
$604,785
Contributions and grants received
$84,923
Grants paid
$0
Program service revenue
$0
Investment income
$177,079
Other revenue
$0
Total assets, end of year
$14,458,827
Total liabilities, end of year
$3,906,990
Net assets or fund balances, end of year
$10,551,837
Program services expenses (Part IX)
$601,000
Management and general expenses
$3,785
Fundraising expenses
$0
Program service expenses (Part III)
$601,000

Program services were 99.4% 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

    $84,923

  • 3 · Investment income

    total $127,353 · excluded $127,353

  • 7a · Gross sales of assets other than inventory

    securities $186,246

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

    securities $136,520

  • 7c · Gain or loss

    securities $49,726

  • 7d · Net gain or loss

    total $49,726 · excluded $49,726

Functional expenses

Part IX, the statement of functional expenses.

  • 21 · Payments to affiliates

    total $601,000 · program services $601,000

  • 24a · Other expenses: STATE FILING FEES

    total $3,785 · management and general $3,785

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,217,807 · end of year $3,649,182

  • 3 · Pledges and grants receivable

    beginning of year $3,757,880 · end of year $3,101,153

  • 11 · Investments: publicly traded securities

    beginning of year $6,892,321 · end of year $7,708,492

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,879 · end of year $3,286

  • 25 · Other liabilities

    beginning of year $4,304,299 · end of year $3,903,704

  • 28 · Net assets with donor restrictions

    beginning of year $10,560,830 · end of year $10,551,837

Mission and programs · 2023

Mission

CHAPEL HAVEN ENDOWMENT'S MISSION IS TO MANAGE THE ASSETS OF QUASI-ENDOWMENT FUNDS AND ENDOWMENT FUNDS ESTABLISHED BY DONORS ON BEHALF OF CHAPEL HAVEN SCHLEIFER CENTER, INC. THESE FUNDS ARE INVESTED FOR THE LONG TERM FINANCIAL STABILITY OF CHAPEL HAVEN SCHLEIFER CENTER, INC AND DISTRIBUTIONS TO CHAPEL HAVEN SCHLEIFER CENTER, INC. FOR UNRESTRICED AND RESTRICTED USE AS DETERMINED BY THE BOARD OF DIRECTORS.

Activities or mission (Part I)

SEE ATTACHEDCHAPEL HAVEN ENDOWMENT'S PURPOSE IS TO MANAGE INVESTMENTS FOR THE LONG TERM FINANCIAL STABILITY OF CHAPEL HAVEN SCHLEIFER CENTER, INC. THE RETURN FROM THESE INVESTMENTS IS TO BE DISTRIBUTED TO CHAPEL HAVEN SCHLEIFER CENTER, INC. FOR UNRESTRICTED AND OPERATIONAL USE WHEN APPROVED BY THE BOARD.

  • THE ORGANIZATION MANAGES AND DISTRIBUTES ASSETS FOR THE BENEFIT OF CHAPEL HAVEN SCHLEIFER CENTER, INC.

    Expenses $601,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tom O'Neil

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Peggy Baker

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Michael Gavin

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Robert Nurin

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Harriet Schleifer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • John S Workman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Mary Doherty

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Erin Nicholls

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Fred Volkmar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Frank Hughes

    CFO

    Total calculated
    $128,611
    From this org
    $0
    From related orgs
    $115,300
    Other
    $13,311
    Hours/week
    0.5 + 40 related

  • Mike Storz

    PRESIDENT

    Total calculated
    $177,869
    From this org
    $0
    From related orgs
    $177,607
    Other
    $262
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $177,607 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $262 related
    Filer's total
    $0 + $177,869 related

  • Hannah Carroll

    VP OF FINANCE

    Total calculated
    $14,206
    From this org
    $0
    From related orgs
    $14,184
    Other
    $22
    Hours/week
    0.5 + 40 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

  • 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

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
2023
Filed
8 April 2025
IRS schema version
2023v6.0
Source object
202510989349300421

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.