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Nonprofiteer
← CHESTNUT RESOLUTIONS INC NFP

Form 990 for tax year 2023

Filed by CHESTNUT RESOLUTIONS INC NFP.

Totals

Total revenue
$74,807
Total expenses
$106,386
Contributions and grants received
$43,284
Grants paid
$0
Program service revenue
$30,871
Investment income
$374
Other revenue
$278
Total assets, end of year
$623,447
Total liabilities, end of year
$1,321,433
Net assets or fund balances, end of year
-$697,986
Program services expenses (Part IX)
$84,200
Management and general expenses
$22,186
Fundraising expenses
$0
Program service expenses (Part III)
$84,200

Program services were 79.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVID A SHARAR

    CHAIR OF BOARD

    Total calculated
    $502,404
    From this org
    $0
    From related orgs
    $363,716
    Other
    $138,688
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $337,552 related
    Bonus
    $0 + $20,143 related
    Other
    $0 + $6,021 related
    Deferred
    $0 + $115,000 related
    Nontaxable benefits
    $0 + $23,688 related
    Filer's total
    $0 + $502,404 related

  • PUNEET LEEKHA

    TREASURER

    Total calculated
    $421,457
    From this org
    $0
    From related orgs
    $334,005
    Other
    $87,452
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $280,914 related
    Bonus
    $0 + $13,890 related
    Other
    $0 + $39,201 related
    Deferred
    $0 + $46,175 related
    Nontaxable benefits
    $0 + $41,277 related
    Filer's total
    $0 + $421,457 related

  • ORVILLE MERCER

    SECRETARY

    Total calculated
    $184,151
    From this org
    $0
    From related orgs
    $169,065
    Other
    $15,086
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,451 related
    Bonus
    $0 + $2,926 related
    Other
    $0 + $3,688 related
    Deferred
    $0 + $6,691 related
    Nontaxable benefits
    $0 + $8,395 related
    Filer's total
    $0 + $184,151 related

  • MARY ANN WEBB

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

PART I, LINE 4B
457(F) PLAN PAYMENTS: DAVID SHARAR: $100,000 PUNEET LEEKHA: $35,000

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
21 February 2025
IRS schema version
2023v6.0
Source object
202540649349300244

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

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