STRATEGY STUDIO / PUBLIC DATA EXPLORER

CORRECTION OFFICERS BENEVOLENT ASSOCIATION SCHOLARSHIP FUND INC: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CORRECTION OFFICERS BENEVOLENT ASSOCIATION SCHOLARSHIP FUND INC (EIN 13-4183116)
Tax period
2020-06-01 to 2021-05-31
Filed
2022-04-01
IRS object ID
202200919349201300
Schema version
2020v4.2
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)
Return2022-04-01T12:36:29-05:00ReturnTs
Tax Period End2021-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131578842PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BUCHBINDER TUNICK & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE PENN PLAZA - SUITE 3200AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101190002ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134183116EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORRECTION OFFICERS' BENEVOLENTBusinessNameLine1Txt
Business Name Line2ASSOCIATION SCHOLARSHIP FUND INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCORRBusinessNameControlTxt
Phone2122748000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line175-01 31ST AVENUE LOWER LEVELAddressLine1Txt
CityEAST ELMHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11370ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL MAIELLOPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2122748000PhoneNum
Signature2022-03-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastMAIELLOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
PTINP01366109PTIN
Phone2126955003PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.COBANYC.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$2,000GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$2,000ContributionsGiftsGrantsEtcAmt
Total Revenue$2,000TotalRevenueAmt
Grants And Similar Amounts Paid$51,000GrantsAndSimilarAmountsPaidAmt
Other Expenses Total$110OtherExpensesTotalAmt
Total Expenses$51,110TotalExpensesAmt
Excess Or Deficit For Year-$49,110ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$39,607NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY-$9,503NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$10,968BOYAmt
EOY$109,863EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$28,639BOYAmt
EOY$54,164EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$39,607BOYAmt
EOY$164,027EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$173,530EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$39,607BOYAmt
EOY-$9,503EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO PROMOTE, FOSTER AND ENCOURAGE SCHOLASTIC ACHIEVEMENT BY PROVIDING EDUCATIONAL SCHOLARSHIPS TO QUALIFIED MEMBERS OR THEIR DEPENDENTS OF THE CORRECTION OFFICERS' BENEVOLENT ASSOCIATION.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomPROVIDES SCHOLARSHIPS TO QUALIFIED DEPENDENTS AND MEMBERS OF THE CORRECTION OFFICERS' BENEVOLENT ASSOCIATION.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$51,000ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$51,000TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BENNY BOSCIO JR
TRUSTEE2.00$0$0$0
MICHAEL MAIELLO
TRUSTEE2.00$0$0$0
ELIAS HUSMUDEEN
TRUSTEE - FORMER2.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line175-01 31ST AVENUE LOWER LEVELAddressLine1Txt
CityEAST ELMHURSTCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11370ZIPCd
FieldValueIRS element (for citing)
Phone2122748000PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,609CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$53,160CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$83,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$107,650CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$369,919TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,609CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$53,160CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$83,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$107,650CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$369,919TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$369,919PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,609CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$53,160CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$83,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$107,650CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$369,919TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIPS AWARDED @ 1000/EA. GRANTEE NAME: VARIOUS RECEIPIENTS- @ $1,000 EACH. DATE OF GIFT: 12/31/20. AMOUNT GIVEN: 51,000.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: OFFICE EXPENSE. AMOUNT: 10. DESCRIPTION: FILING FEES. AMOUNT: 100. TOTAL TO FORM 990-EZ, LINE 16: 110.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: DUE FROM WIDOWS AND CHILDREN FUND. BEG. OF YEAR AMOUNT: 26,139. END OF YEAR AMOUNT: 26,139. DESCRIPTION: PRE PAID EXPENSES. BEG. OF YEAR AMOUNT: 2,500. END OF YEAR AMOUNT: 28,025.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 173,300. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 230.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc