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CLEVELAND ALUMNAE PANHELLENIC ENDOWMENT FUND INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CLEVELAND ALUMNAE PANHELLENIC ENDOWMENT FUND INC (EIN 34-1476473)
Tax period
2022-06-01 to 2023-05-31
Filed
2023-10-06
IRS object ID
202302799349100520
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-10-06T03:19:50-00:00ReturnTs
Tax Period End2023-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN264154694PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Vincent Gaudio CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126949 Chagrin Blvd Suite 204AddressLine1Txt
CityBeachwoodCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44122ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341476473EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Cleveland Alumnae Panhellenic Endowment IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLEVBusinessNameControlTxt
Phone2169261702PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17464 Belvedere DriveAddressLine1Txt
CityMentorCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44060ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNicholette SamsPersonNm
Person TitleFund AdministratorPersonTitleTxt
Phone2169261702PhoneNum
Signature2023-10-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNicholettePersonFirstNm
Person LastSamsPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVincent GaudioPreparerPersonNm
PTINP00153279PTIN
Phone2163789822PhoneNum
Preparation2023-10-06PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$229,078FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,165ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$6,832DividendsRevAndExpnssAmt
Dividends Net Invst Incm$6,832DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$8,627NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$46,020GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$7,370TotalRevAndExpnssAmt
Total Net Invst Incm$6,832TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,200AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$823TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$2,656OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,556OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,679TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,556TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$14,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$14,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$18,679TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,556TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$14,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$11,309ExcessRevenueOverExpensesAmt
Net Investment Income$4,276NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$8,461CashBOYAmt
Cash EOY$9,603CashEOYAmt
Cash EOYFMV$9,603CashEOYFMVAmt
US Government Obligations BOY$16,181USGovernmentObligationsBOYAmt
US Government Obligations EOY$15,067USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$12,998USGovtObligationsEOYFMVAmt
Corporate Stock BOY$219,911CorporateStockBOYAmt
Corporate Stock EOY$213,209CorporateStockEOYAmt
Corporate Stock EOYFMV$189,278CorporateStockEOYFMVAmt
Corporate Bonds BOY$23,654CorporateBondsBOYAmt
Corporate Bonds EOY$19,020CorporateBondsEOYAmt
Corporate Bonds EOYFMV$17,199CorporateBondsEOYFMVAmt
Total Assets BOY$268,207TotalAssetsBOYAmt
Total Assets EOY$256,899TotalAssetsEOYAmt
Total Assets EOYFMV$229,078TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$268,207NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$256,899NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$268,207TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$256,899TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$268,207TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$256,899TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$268,207TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$11,309ExcessRevenueOverExpensesAmt
Other Increases$1OtherIncreasesAmt
Subtotal$256,899SubtotalAmt
Tot Net Ast Or Fund Balances EOY$256,899TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPer Broker StmtPropertyDesc
Gross Sales Price$46,020GrossSalesPriceAmt
Cost Or Other Basis$54,647CostOrOtherBasisAmt
Gain Or Loss-$8,627GainOrLossAmt
Gains Minus Excess Or Losses-$8,627GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$8,627CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$59InvestmentIncomeExciseTaxAmt
Subtotal$59SubtotalAmt
Tax Based On Investment Income$59TaxBasedOnInvestmentIncomeAmt
Tax Due$59TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateOHOrgReportOrRegisterStateCd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.clevelandpanhellenic.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Vincent Gaudio CPA LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2163789822PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line126949 Chagrin Blvd Suite 204AddressLine1Txt
CityBeachwoodCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44122ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Lisa Sierk
1345 Granger AvenueLakeoodOH44107Treasurer000.25$0
Jill Koenig
1557 Marlowe AveLakewoodOH44107President000.25$0
Nicholette Sams
7464 Belvedere DriveMentorOH44060Fund Administror000.25$0
Kim McLaren
16001 Parklawn AveMiddleburg HtsOH44130Secretary000.25$0
Carol Hacker
17739 Indianola DrLakewoodOH44107Trustee000.25$0
Kerry Sarosy
38262 Wilson AveWilloughbyOH44094Trustee000.25$0
Jennifer Goodman
3827 Faversham RoadUniversity HeightsOH44118Trustee000.25$0
Monica Ellis
11905 Wellesley LaneChardonOH44024Trustee000.25$0
Amy Shepker
3636 IRA RdAkronOH44333Trustee000.25$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$219,205AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,845AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$226,050TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$226,050AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,391CashDeemedCharitableAmt
Net Vl Noncharitable Assets$222,659NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,133MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,133MinimumInvestmentReturnAmt
Tax Based On Investment Income$59TaxBasedOnInvestmentIncomeAmt
Total Tax$59TotalTaxAmt
Distributable Before Adj$11,074DistributableBeforeAdjAmt
Distributable Before Ded$11,074DistributableBeforeDedAmt
Distributable As Adjusted$11,074DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$14,000ExpensesAndContributionsAmt
Qualifying Distributions$14,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,074DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,873ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$9,286ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,131ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$101ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$87ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,478TotalExcessDistributionCyovAmt
Qualifying Distributions$14,000QualifyingDistributionsAmt
Applied To Current Year$11,074AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,926RemainingDistriFromCorpusAmt
Total Corpus$26,404TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,873ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$15,531ExcessDistriCyovToNextYrAmt
Excess From Year4$9,286ExcessFromYear4Amt
Excess From Year3$3,131ExcessFromYear3Amt
Excess From Year2$101ExcessFromYear2Amt
Excess From Year1$87ExcessFromYear1Amt
Excess From Current Year$2,926ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKerry Sarsoy CAPA Scholarship ChairRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line138262 Wilson AveAddressLine1Txt
CityWilloughbyCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44094ZIPCd
FieldValueIRS element (for citing)
Recipient Email Addresscapascholarshipsgmail.comRecipientEmailAddressTxt
Form And Info And MaterialsApplication, Recommendation Form, University TranscriptsFormAndInfoAndMaterialsTxt
Submission Deadlines02/28/22SubmissionDeadlinesTxt
Restrictions On AwardsMust meet eligibilty criteria as specified on websiteRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Ohio Northern University
525 S Main StAdaOH45810NoneScholarship$2,000
Kent State
800 E SummitKentOH43218NoneScholarship$2,000
Mount Union
1972 Clarke AveAllianceOH44601NoneScholarship$2,000
Depaul
1 E Jackson BlvdChicagoIL60604NoneScholarship$2,000
Ohio Dominican
1216 Sunbury RoadColumbusOH43219NoneScholarship$2,000
Ohio Weslyan
61 S Sandusky StreetDelawareOH43015NoneScholarship$2,000
Baldwin Wallace
275 Eastland RdBereaOH44017NoneScholarship$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$14,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,832ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$8,627ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescSee belowDesc
Related Or Exempt Function Incm$9,165RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$1,795ExclusionAmt
Related Or Exempt Function Incm$9,165RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,370TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number11LineNumberTxt
Relationship StatementAnnual fundraising meeting detailing current years activity, awards, and next years planRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOYes (true)RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1Cleveland Alumnae PanhBusinessNameLine1Txt
FieldValueIRS element (for citing)
Organization Type501c7OrganizationTypeDesc
Relationship DescriptionFounded Reported EntityRelationshipDescriptionTxt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAcccounting feesCategoryTxt
Amt$1,200Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCorporate Bonds, DaymarkBondNm
EOY Book Value$19,020EOYBookValueAmt
EOYFMV$17,199EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockDaymark Broker StmtStockNm
EOY Book Value$213,209EOYBookValueAmt
EOYFMV$189,278EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
Filing Fees$100
Investment Fees$2,556$2,556

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescroundingDesc
Amt$1Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIncome TaxCategoryTxt
Amt$823Amt