Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $225,364

• 1d · Related organizations

  $49,000

• 1f · All other contributions, gifts and grants

  $1,174,037

• 3 · Investment income

  total $1,431,700 · excluded $1,431,700

• 6a · Gross rents

  real property $3,736,848

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $3,736,848

• 6d · Net rental income or loss

  total $3,736,848 · excluded $3,736,848

• 7a · Gross sales of assets other than inventory

  securities $23,069,700

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

  securities $24,637,546

• 7c · Gain or loss

  securities -$1,567,846

• 7d · Net gain or loss

  total -$1,567,846 · excluded -$1,567,846

• 8a · Fundraising events: gross income

  $3,200

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

  $225,364

• 8b · Fundraising events: direct expenses

  $8,236

• 8c · Net income from fundraising events

  total -$5,036 · excluded -$5,036

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $643,989 · program services $643,989

• 11f · Fees: investment management

  total $177,750 · management and general $177,750

• 13 · Office expenses

  total $389,391 · program services $292,439 · management and general $7,148 · fundraising $89,804

• 16 · Occupancy

  total $488,214 · program services $488,214

• 17 · Travel

  total $210 · program services $210

• 19 · Conferences, conventions and meetings

  total $15,277 · program services $15,277

• 22 · Depreciation, depletion and amortization

  total $2,237,110 · program services $2,237,110

• 23 · Insurance

  total $76,442 · program services $76,442

• 24a · Other expenses: SHARED SALARY EXPENSE

  total $781,740 · program services $610,808 · fundraising $170,932

• 24b · Other expenses: SHARED PURCHASED SERVIC

  total $168,674 · program services $84,337 · fundraising $84,337

• 24c · Other expenses: FOOD

  total $23,145 · fundraising $23,145

• 24d · Other expenses: MISCELLANEOUS

  total $513 · program services $171 · management and general $171 · fundraising $171

Balance sheet

Part X, book values.

• 3 · Pledges and grants receivable

  beginning of year $3,346,525 · end of year $3,121,298

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

  $91,628,666

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

  $27,917,685

• 10c · Land, buildings and equipment, net

  beginning of year $55,148,027 · end of year $63,710,981

• 11 · Investments: publicly traded securities

  beginning of year $96,383,360 · end of year $68,117,821

• 15 · Other assets

  beginning of year $7,217,324 · end of year $7,815,167

• 17 · Accounts payable and accrued expenses

  beginning of year $39,922 · end of year $46,945

• 25 · Other liabilities

  beginning of year $9,813,356 · end of year $8,529,673

• 27 · Net assets without donor restrictions

  beginning of year $143,490,529 · end of year $130,565,440

• 28 · Net assets with donor restrictions

  beginning of year $8,751,429 · end of year $3,623,209

The filer's explanations (Part III)

PART I, LINE 3

THE RELATED ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT FORM 990 OF OTHER ORGANIZATIONS WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL OF THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B

ROBERT A. MONTAGNESE, PRESIDENT & CEO, PARTICIPATES IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). NO CONTRIBUTIONS WERE MADE TO THE PLAN ON HIS BEHALF FOR THE 2022 YEAR.