HERSHA H AND HASU P SHAH FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HERSHA H AND HASU P SHAH FAMILY FOUNDATION (EIN 20-2011302)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-11-13
- IRS object ID
- 202413189349101566
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Mortgages And Notes Payable Sch
- Other Decreases Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T08:03:41-08:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 232175024 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Boles Metzger Brosius & Walborn PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 N Front Street | AddressLine1Txt |
| City | Harrisburg | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202011302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HERSHA H AND HASU P SHAH FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERS | BusinessNameControlTxt |
| Phone | 7174125718 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 HERSHA DRIVE | AddressLine1Txt |
| City | HARRISBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HASU P SHAH | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Peter R McCachren CPA | PreparerPersonNm |
| PTIN | P01216960 | PTIN |
| Phone | 7172380446 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,726,971 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $321,286 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $91,347 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $91,347 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $91,347 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $105,604 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,157,786 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $105,604 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $518,237 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $196,951 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $91,347 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $15,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $7,550 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,550 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $13,031 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,516 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,515 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $8,200 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $34,031 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,125 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,124 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $70,362 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $16,191 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $16,189 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $375,748 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $375,748 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $446,110 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $16,191 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $391,937 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $72,127 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $180,760 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $91,347 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $32,281 | CashBOYAmt |
| Cash EOY | $17,898 | CashEOYAmt |
| Cash EOYFMV | $17,898 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $53,448 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $873,049 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $873,049 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,631,575 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,664,308 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,043,459 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $597,500 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $127,783 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $477,917 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $469,717 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $650,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $153,717 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $142,565 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $142,565 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,348,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,167,537 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,726,971 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $246,594 | MortgagesAndNotesPayableBOYAmt |
| Total Liabilities BOY | $246,594 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $3,102,344 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $3,167,537 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,102,344 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,167,537 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,348,938 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,167,537 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,102,344 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $72,127 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,174,471 | SubtotalAmt |
| Other Decreases | $6,934 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,167,537 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| CHARLES SCHWAB ST | P | 2023-01-01 | 2023-07-28 | $56,340 | $58,523 | -$2,183 | -$2,183 |
| CHARLES SCHWAB LT | P | 2020-01-01 | 2024-06-30 | $1,101,446 | $993,659 | $107,787 | $107,787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $105,604 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$2,183 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,513 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,513 | SubtotalAmt |
| Tax Based On Investment Income | $2,513 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $151 | EsPenaltyAmt |
| Tax Due | $2,664 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HASU P SHAH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7172364400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 HERSHA DRIVE | AddressLine1Txt |
| City | HARRISBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| HASU P SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| HARSHA H SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| JAY H SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| NEIL H SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,228,548 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $557,104 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $650,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,435,652 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,435,652 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $51,535 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,384,117 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $169,206 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $169,206 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,513 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,513 | TotalTaxAmt |
| Distributable Before Adj | $166,693 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $166,693 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $166,693 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $391,937 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $391,937 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $166,693 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $337,520 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $529,183 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $8,581 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $141,203 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,016,487 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $391,937 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $166,693 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $225,244 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,241,731 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $337,520 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $904,211 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $529,183 | ExcessFromYear4Amt |
| Excess From Year3 | $8,581 | ExcessFromYear3Amt |
| Excess From Year2 | $141,203 | ExcessFromYear2Amt |
| Excess From Current Year | $225,244 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HASU P SHAH | ContributingManagerNm |
| Contributing Manager | HARSHA H SHAH | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| RNC Free Eye Hospital | ||||||||
| Kapadia Chal | Valsad | Gujarat | IN | 396001 | N/A | NONE | TO AID IN THE ACCOMPLISHMENT OF THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $228,558 |
| SHRI JALARAM ARGOYA SEVA TRUST | ||||||||
| at po MEGRAJ TA MEGRAJ - 383350 | GUJARAT | GUJARAT | IN | 383350 | N/A | NONE | TO AID IN THE ACCOMPLISHMENT OF THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $47,189 |
| Shri Ram Janmbhumi Tirth Kshertra | ||||||||
| Mandir Nirman Karyashala | Ayodhya | Uttar Pradesh | IN | 224123 | N/A | NONE | TO AID IN THE ACCOMPLISHMENT OF THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $100,001 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $375,748 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $91,347 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531390 | BusinessCd |
| Unrelated Business Taxbl Incm | -$37,982 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $105,604 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$37,982 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $196,951 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $158,969 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MR HASU P SHAH | ||||||
| 1 | 551 BRIDGEVIEW DRIVE | LEMOYNE | PA | 17043 | $278,341 | Yes (X) |
| 44 HARRISBURG ASSOCIATES | ||||||
| 2 | 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | $20,000 | Yes (X) |
| DR SHASHIKANT B PATEL | ||||||
| 3 | 29 KELLY DRIVE | CARLISLE | PA | 17015 | $7,175 | Yes (X) |
| DAMU PATEL | ||||||
| 4 | 2390 FOREST HILLS DRIVE | HARRISBURG | PA | 17112 | $5,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $15,100 | Amt |
| Net Investment Income | $7,550 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,550 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 1800 N 2ND STREET BLDG | PropertyDesc |
| Acquired | 2008-12-03 | AcquiredDt |
| Cost Or Other Basis | $328,000 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $119,583 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 40.0000 | LifeRt |
| Current Year Expense | $8,200 | CurrentYearExpenseAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HT | ||
| VWO | $138,484 | $113,820 |
| VBK | $168,484 | $147,327 |
| HT + D | ||
| HT + E | ||
| VO | $264,600 | $310,614 |
| VOO | $911,606 | $1,259,327 |
| VB | $181,134 | $212,371 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Buildings | $328,000 | $127,783 | $200,217 | $650,000 |
| Land | $269,500 | $269,500 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| HERSHA MBIT | AT COST | $30,000 | $30,000 |
| TRIPLE BAR GROUP LLC | AT COST | $112,565 | $112,565 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayableGrp
Lender Name LenderNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BBT | PersonNm |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRIPLE BAR GROUP PASSTHROUGH LOSS | Desc |
| Amt | $6,934 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOUNDATION FEES | $4,249 | $2,125 | $2,124 |
| Rental Expenses | $29,782 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $13,031 | Amt |
| Net Investment Income | $6,516 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,515 | DisbursementsCharitablePrpsAmt |