STRATEGY STUDIO / PUBLIC DATA EXPLORER

MAUREEN AND MICHAEL MCINERNEY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MAUREEN AND MICHAEL MCINERNEY CHARITABLE FOUNDATION INC (EIN 81-0798757)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-09
IRS object ID
202201299349100520
Schema version
2021v4.0
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)
Return2022-05-09T08:59:12-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113269414PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILD MANEY & RESNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1185 FROEHLICH FARM BLVDAddressLine1Txt
CityWOODBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11797ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810798757EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Maureen and Michael McinerneyBusinessNameLine1Txt
Business Name Line2Charitable Foundation IncBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMAURBusinessNameControlTxt
Phone9175923519PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1303 N Riverside Drive Unit 605AddressLine1Txt
CityPompano BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33062ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAUREEN E MCINERNEYPersonNm
Person TitleDirectorPersonTitleTxt
Signature2022-05-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMAUREEN EPersonFirstNm
Person LastMCINERNEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMatthew Taus CPA PFS CFPPreparerPersonNm
PTINP01689807PTIN
Phone5163648888PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$285,026FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$25,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,153DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,153DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$4,898NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$21,091GrossSalesPriceAmt
Total Rev And Expnss$27,257TotalRevAndExpnssAmt
Total Net Invst Incm$7,155TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$50LegalFeesRevAndExpnssAmt
Taxes Rev And Expnss$84TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$134TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$34,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$34,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,134TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$34,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$6,877ExcessRevenueOverExpensesAmt
Net Investment Income$7,155NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$37,772CashBOYAmt
Cash EOY$56,884CashEOYAmt
Cash EOYFMV$56,884CashEOYFMVAmt
Corporate Stock BOY$173,443CorporateStockBOYAmt
Corporate Stock EOY$147,454CorporateStockEOYAmt
Corporate Stock EOYFMV$228,142CorporateStockEOYFMVAmt
Total Assets BOY$211,215TotalAssetsBOYAmt
Total Assets EOY$204,338TotalAssetsEOYAmt
Total Assets EOYFMV$285,026TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$211,215NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$204,338NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$211,215TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$204,338TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$211,215TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$204,338TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$211,215TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$6,877ExcessRevenueOverExpensesAmt
Subtotal$204,338SubtotalAmt
Tot Net Ast Or Fund Balances EOY$204,338TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
400.00 WELLS FARGO & COP2016-08-112021-12-31$19,270$22,862-$3,592-$3,592
100.00 KYNDRYL HLDGS INCP2017-10-272021-12-31$1,821$3,127-$1,306-$1,306
FieldValueIRS element (for citing)
Capital Gain Net Income-$4,898CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$99InvestmentIncomeExciseTaxAmt
Subtotal$99SubtotalAmt
Tax Based On Investment Income$99TaxBasedOnInvestmentIncomeAmt
Tax Due$99TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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 StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MAUREEN E MCINERNEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9175923519PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1303 N RIVERSIDE DR UNIT 605AddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33062ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MAUREEN E MCINERNEY
303 N RIVERSIDE DR UNIT 605POMPANO BEACHFL33062Director0.00$0
MICHAEL J MCINERNEY
303 N RIVERSIDE DR UNIT 605POMPANO BEACHFL33062Director0.00$0
JOHN O MCMANUS ESQ
571 CENTRAL AVE SUITE 120NEW PROVIDENCENJ07974Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$219,787AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$20,982AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$240,769TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$240,769AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,612CashDeemedCharitableAmt
Net Vl Noncharitable Assets$237,157NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,858MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,858MinimumInvestmentReturnAmt
Tax Based On Investment Income$99TaxBasedOnInvestmentIncomeAmt
Total Tax$99TotalTaxAmt
Distributable Before Adj$11,759DistributableBeforeAdjAmt
Distributable Before Ded$11,759DistributableBeforeDedAmt
Distributable As Adjusted$11,759DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$34,000ExpensesAndContributionsAmt
Qualifying Distributions$34,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$11,759DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$19,478ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$21,847ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$22,834ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$23,939ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$34,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$122,098TotalExcessDistributionCyovAmt
Qualifying Distributions$34,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$11,759AppliedToCurrentYearAmt
Remaining Distri From Corpus$22,241RemainingDistriFromCorpusAmt
Total Corpus$144,339TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$19,478ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$124,861ExcessDistriCyovToNextYrAmt
Excess From Year4$21,847ExcessFromYear4Amt
Excess From Year3$22,834ExcessFromYear3Amt
Excess From Year2$23,939ExcessFromYear2Amt
Excess From Year1$34,000ExcessFromYear1Amt
Excess From Current Year$22,241ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMAUREEN E MCINERNEYContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE LOUGHLIN FOUNDATION
367 CLERMONT AVENUEBROOKLYNNY11238TO PROMOTE THE WELFARE OF CHILDREN$20,000
ST JUDE CHILDREN'S RESEARCH HOSPITA
501 ST JUDE PLACEMEMPHISTN38105TO PROMOTE THE WELFARE OF CHILDREN$5,000
ST FRANCIS COLLEGE
180 REMSEN STREETBROOKLYNNY11201TO PROMOTE THE WELFARE OF CHILDREN$1,000
FRESH AIR FUND
633 THIRD AVENUENEW YORKNY10017TO PROMOTE CHILDREN'S SUMMER PROGRAMS$2,000
THE ASHLEY LAUREN FOUNDATION
309 MORRIS AVENUESPRING LAKENJ07762TO EASE THE JOURNEY OF PEDIATRIC CANCER PATIENTS$1,000
ST MARY'S HOSPITAL FOR CHILDREN
29-01 216TH STREETBAYSIDENY11360TO PROMOTE THE WELFARE OF CHILDREN WITH SPECIAL NEEDS$4,000
BFC CHARITABLE FOUNDATION
OCEAN AVENUEBELMARNJ07719TO BENEFIT BELMAR'S AUTISM BEACH BASH$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$34,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,153ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$4,898ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,257ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,257TotalIncomeProducingActyAmt

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 EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonMAUREEN E MCINERNEYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1303 N RIVERSIDE DR UNIT 605AddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33062ZIPCd
FieldValueIRS element (for citing)
Total Contributions$25,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$50LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$84Amt