SALEM HEALTH AND WELLNESS FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SALEM HEALTH AND WELLNESS FOUNDATION INC (EIN 01-0625542)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-23
- IRS object ID
- 202521439349100507
- Schema version
- 2024v5.0
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-23T10:25:26-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 222417800 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTINI & MARTINI CPA P A | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1135 E CHESTNUT AVE | AddressLine1Txt |
| City | VINELAND | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08360 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010625542 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SALEM HEALTH AND WELLNESS | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SALE | BusinessNameControlTxt |
| Phone | 8562994460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 91 S VIRGINIA AVE STE A | AddressLine1Txt |
| City | PENNS GROVE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 080691765 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL S DILORENZO | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 8562994460 | PhoneNum |
| Signature | 2025-05-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOMINICK MERIGHI | PreparerPersonNm |
| PTIN | P02381479 | PTIN |
| Phone | 8566918934 | PhoneNum |
| Preparation | 2025-05-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $40,831,405 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $422,113 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $933,794 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $933,794 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,444,311 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,756,300 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,444,311 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $180,005 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $180,005 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,980,223 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,558,110 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $167,201 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $8,360 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $158,841 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $104,492 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $5,224 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $109,901 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $34,202 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,710 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $32,492 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $110,363 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $2,207 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $108,948 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,990 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,396 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $15,495 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $112,196 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $105,069 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,127 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $33,682 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $4,974 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $15,877 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $15,877 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $52,198 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $57,260 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $666,175 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $134,966 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $505,941 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $497,779 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $447,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,163,954 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $134,966 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $952,941 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,816,269 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,423,144 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $622,840 | CashBOYAmt |
| Cash EOY | $639,675 | CashEOYAmt |
| Cash EOYFMV | $639,675 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $881,369 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $232,304 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $232,304 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $64,365 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $23,357 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $23,357 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $13,149,883 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,671,279 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,671,279 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,878,897 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $9,022,842 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $9,022,842 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $93,273 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $55,017 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $43,228 | LandBOYAmt |
| Land EOY | $38,256 | LandEOYAmt |
| Other Assets BOY | $13,985,116 | OtherAssetsBOYAmt |
| Other Assets EOY | $14,653,705 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $15,241,948 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $37,625,698 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,281,418 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $40,831,405 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $90,013 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $102,581 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $90,013 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $102,581 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $26,679,898 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $28,833,582 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $10,855,787 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $11,345,255 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $37,535,685 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $40,178,837 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $37,625,698 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $40,281,418 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $37,535,685 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,816,269 | ExcessRevenueOverExpensesAmt |
| Other Increases | $826,883 | OtherIncreasesAmt |
| Subtotal | $40,178,837 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $40,178,837 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| BROKER HELD PUBLICALLY TRADED SECURI | P | $9,257 | $8,135 | $1,122 | $1,122 |
| BROKER HELD PUBLICALLY TRADED SECURT | P | $496,905 | $282,534 | $214,371 | $214,371 |
| BROKER HELD PUBLICALLY TRADED SECURI | P | $204,004 | $203,243 | $761 | $761 |
| BROKER HELD PUBLICALLY TRADED SECURI | P | $2,908,998 | $2,818,077 | $90,921 | $90,921 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,444,311 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,883 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $33,682 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $33,682 | SubtotalAmt |
| Tax Based On Investment Income | $33,682 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $48,202 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $48,202 | TotalPaymentsAndCreditsAmt |
| Overpayment | $14,520 | OverpaymentAmt |
| Applied To ES Tax | $14,520 | 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 | NJ | 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 | WWW.SALEMWELLNESSFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | PAUL S DILORENZO | IndividualWithBooksNm |
| Phone | 8562994460 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 91 S VIRGINA AVE | AddressLine1Txt |
| City | CARNEYS POINT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08069 | 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 |
| 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 (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SAMANTHA AUDIA | ||||||||
| 1826 ADDISON STREET | PHILADELPHIA | PA | 19146 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| DANIEL DELANEY | ||||||||
| 37 S LOCUST AVE | SALEM | NJ | 08079 | SECRETARY | 000.00 | $0 | $0 | $0 |
| ANN MARIE HEALY | ||||||||
| 67 E LAKE RD | WOODSTOWN | NJ | 08098 | CHAIR | 000.00 | $0 | $0 | $0 |
| STEVE HINDMAN | ||||||||
| 40 BIRCH LANE | PILESGROVE | NJ | 08098 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| JEANETTE JACKSON | ||||||||
| 13 DIXIE DR | PENNS GROVE | NJ | 08069 | SECRETARY | 000.00 | $0 | $0 | $0 |
| INA JETTER | ||||||||
| 230 QUINTON MALBORO ROAD | SALEM | NJ | 08079 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| KATHLEEN LOCKBAUM | ||||||||
| 58 PENNSVILLE PEDRICKTOWN RD | PEDRICKTOWN | NJ | 08067 | TREASURER | 000.00 | $0 | $0 | $0 |
| BRITTANY SMITH | ||||||||
| 17 DAVIS AVE | SALEM | NJ | 08079 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| PEGGY WHITE | ||||||||
| 340 HUSTED STATION RD | PITTSGROVE | NJ | 08318 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| PAUL S DILORENZO | ||||||||
| 91 S VIRGINA AVE | CARNEYS POINT | NJ | 08069 | EXECUTIVE DI | 40.00 | $167,201 | $8,360 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EMILY HERNANDEZ | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 BRIDGETON AVE | AddressLine1Txt |
| City | BRIDGETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | GRANTS ADMIN | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 000.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $69,909 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Business Name Line2BusinessName/BusinessNameLine2Txt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| SEI PRIVATE TRUST COMPANY | ||||||
| SEI PRIVATE TRUST COMPANY | 1 FREEDOM VALLEY DR | OAKS | PA | 19456 | INVESTMENT MGMT | $105,069 |
| FAEGRE DRINKER BIDDLE & REATH LLP | ||||||
| FAEGRE DRINKER BIDDLE & REATH LLP | 600 CAMPUS DRIVE | FLORHAM PARK | NJ | 07932 | LEGAL SERVICES | $88,781 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SUPPORT - CONTRIBUTION TO GRANTMAKERS IN HEALTH TO SUPPORT THEIR MISSION - HEALTH PHILANTHROPHY | Description1Txt |
| Expenses1 | $266,779 | Expenses1Amt |
| Description2 | PREVENTATIVE CARE GRANTS: 1. ARC OF SALEM COUNTY 45,000 2. MEALS ON WHEELS 3,000 3. SOUTHERN NEW JERSEY PERINATAL CO-OP 3,000 | Description2Txt |
| Expenses2 | $51,000 | Expenses2Amt |
| Description3 | MATCHING GIFT PROGRAM - THE SALEM HEALTH AND WELLNESS FOUNDATION PROVIDES GENERAL OPERATING SUPPORT TO SALEM COUNTY 501(C)(3) NON-PROFIT ORGANIZATIONS OFFERING SERVICES THAT FALL WITHIN THE FOUNDATION'S CHARITABLE PURPOSES, VIA THE MATCHING GIFT PROGRAM. 1. APPEL FARMS 20,000 2. ARC OF SALEM COUNTY 20,000 3. CITY OF SALEM 20,000 4. CORNERSTONE WOMEN'S RESOURCE CENTER 20,000 5. FELLOWSHIPLIFE FOUNDATION 20,000 6. HABITAT FOR HUMANITY OF SALEM COUNTY 20,000 7. RANCH HOPE 20,000 8. REVIVE SOUTH JERSEY 20,000 9. SHADOW EQUESTRIAN 20,000 | Description3Txt |
| Expenses3 | $180,000 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,797,901 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,257,029 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,054,930 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $25,054,930 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $375,824 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,679,106 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,233,955 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,233,955 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $33,682 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $33,682 | TotalTaxAmt |
| Distributable Before Adj | $1,200,273 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,200,273 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,200,273 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $952,941 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $952,941 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,200,273 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $21,319,657 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $14,374,244 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $35,693,901 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $952,941 | QualifyingDistributionsAmt |
| Applied To Current Year | $952,941 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $247,332 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $247,332 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $35,446,569 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $21,072,325 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $14,374,244 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $14,374,244 | ExcessFromYear4Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| APPEL FARM ARTS AND MUSIC CENTER | ||||||||
| APPEL FARM ARTS AND MUSIC CENTER | 457 SHIRLEY RD | ELMER | NJ | 08318 | NONE | PC | ARTS DAY CAMP | $15,000 |
| ARC OF SALEM COUNTY | ||||||||
| ARC OF SALEM COUNTY | 150 SALEM-WOODSTOWN RD | SALEM | NJ | 08079 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| ARC OF SALEM COUNTY | ||||||||
| ARC OF SALEM COUNTY | 150 SALEM-WOODSTOWN RD | SALEM | NJ | 08079 | NONE | PC | TRANSPORTATION PROGRAM | $45,000 |
| CALVARY BAPTIST CHURCH OF CARNEYS P | ||||||||
| CALVARY BAPTIST CHURCH OF CARNEYS POINT | 300 GEORGETOWN ROAD | PENNS GROVE | NJ | 08069 | NONE | PC | YOUTH SOCCER CAMP | $3,000 |
| CITY OF SALEM | ||||||||
| CITY OF SALEM | 17 MARKET STREET | SLAEM | NJ | 08079 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| CORNERSTONE WOMEN'S RESOURCE CENTER | ||||||||
| CORNERSTONE WOMENS RESOURCE CENTER | PO BOX 63 | SALEM | NJ | 08079 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| HABITAT FOR HUMANITY OF SALEM COUNT | ||||||||
| HABITAT FOR HUMANITY OF SALEM COUNTY | 416 S PENNSVILLE-AUBURN | CARNEYS POINT | NJ | 08069 | NONE | PC | MINI GRANT CAPACITY BUILDING | $3,000 |
| HABITAT FOR HUMANITY OF SALEM COUNT | ||||||||
| HABITAT FOR HUMANITY OF SALEM COUNTY | 416 S PENNSVILLE-AUBURN | CARNEYS POINT | NJ | 08069 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| INTER-AGENCY COUNCIL INC | ||||||||
| INTER-AGENCY COUNCIL INC | 98 MARKET STREET | SALEM | NJ | 08079 | NONE | PC | PUBLIC HEALTH FELLOWSHIP | $55,000 |
| LOWER ALLOWAYS CREEK SCHOOL DISTRIC | ||||||||
| LOWER ALLOWAYS CREEK SCHOOL DISTRICT | 967 MAIN STREET | SALEM | NJ | 08079 | NONE | PC | EMOTIONAL LEARNING CIRRICULUM | $2,000 |
| MEALS ON WHEELS | ||||||||
| MEALS ON WHEELS | 90 MARKET ST | SALEM | NJ | 08079 | NONE | PC | GIFT MATCHING PROGRAM | $3,000 |
| PENNS GROVE COMMUNITY HOUSING AUTHO | ||||||||
| PENNS GROVE COMMUNITY HOUSING AUTHORITY | 40 SOUTH BROADWAY | PENNS GROVE | NJ | 08069 | NONE | PC | SUMMER BASKETBALL CAMP | $3,000 |
| RANCH HOPE | ||||||||
| RANCH HOPE | PO BOX 325 | ALLOWAY | NJ | 08001 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| REVIVE SOUTH JERSEY | ||||||||
| REVIVE SOUTH JERSEY | 31 WEST COMMERCE ST | BRIDGETON | NJ | 08302 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| SALEM COMMUNITY COLLEGE | ||||||||
| SALEM COMMUNITY COLLEGE | 460 HOLLYWOOD AVE | CARNEYS POINT | NJ | 08069 | NONE | GOV | NURSING SCHOLARSHIPS | $50,000 |
| SALEM COUNTY SHERIFF'S DEPARTMENT | ||||||||
| SALEM COUNTY SHERIFF'S DEPARTMENT | 94 MARKET STREET | SALEM COUNTY | NJ | 08079 | NONE | PC | SITUATION EXERCISE TRAINING | $3,000 |
| SHADW EQUESTRIAN | ||||||||
| SHADW EQUESTRIAN | 1907 MONROEVILLE RD | MONROEVILLE | NJ | 08343 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| SOUTHERN NEW JERSEY PERINATAL COOPE | ||||||||
| SOUTHERN NEW JERSEY PERINATAL COOPERATIVE | 2500 MCCLELLAN AVE 250 | PENNSAUKEN TOWNSHIP | NJ | 08109 | NONE | PC | SUPPORT CHILDREN & FAMILIES INITIATI | $125,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $447,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| APPEL FARMS ARTS AND MUSIC | ||||||||
| APPEL FARMS ARTS AND MUSIC | 457 SHIRLEY RD | ELMER | NJ | 08318 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| FELLOWSHIP LIFE FOUNDATION | ||||||||
| FELLOWSHIP LIFE FOUNDATION | 8000 FELLOWSHIP ROAD | BASKING RIDGE | NJ | 07920 | NONE | PC | GIFT MATCHING PROGRAM | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $40,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $933,794 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $180,005 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,137,136 | ExclusionAmt |
| Related Or Exempt Function Incm | $307,175 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,250,935 | ExclusionAmt |
| Related Or Exempt Function Incm | $307,175 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,558,110 | 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 |
|---|---|---|---|---|---|---|
| ALBERT M PARVIN TRUST | ||||||
| 1 | PNC PO BOX 91309 | CLEVLAND | OH | 44101 | $12,043 | Yes (X) |
| ELEANOR RUMSEY CHARITABLE TRUST | ||||||
| 2 | PO BOX 95021 | HENDERSON | NV | 890095021 | $9,000 | Yes (X) |
| ESTATE OF J EVAN HITCHNER | ||||||
| 3 | PO BOX 95021 | HENDERSON | NV | 890095021 | $350,000 | Yes (X) |
| MORRIS FOX CHARITABLE TRUST | ||||||
| 4 | PO BOX 95021 | HENDERSON | NV | 890095021 | $30,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $30,990 | Amt |
| Net Investment Income | $12,396 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,495 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $4,974 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $9,022,842 | EOYBookValueAmt |
| EOYFMV | $9,022,842 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOMESTIC EQUITUES | $9,705,014 | $9,705,014 |
| INTERNATIONAL EQUITIES | $5,966,265 | $5,966,265 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| FURNITURE AND FIXTURES | $15,735 | $15,735 | |
| MACHINERY AND EQUIPMENT | $35,188 | $27,091 | $8,097 |
| IMPROVEMENTS | $42,350 | $12,191 | $30,159 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $110,363 | LegalFeesAmt |
| Net Investment Income | $2,207 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $108,948 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BENEFICIAL INTERETS | $10,769,881 | $11,259,029 | $11,847,272 |
| INTEREST INCOME RECEIVABLE | $187,890 | $367,890 | $367,890 |
| INVESTMENT INCOME RECEIVABLE | $27,345 | $26,786 | $26,786 |
| MISCELANEOUS RECEIVABLE | |||
| NOTES REVEIVABLE | $3,000,000 | $3,000,000 | $3,000,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| COMMUNICATIONS | $3,968 | $3,968 |
| DUES AND MEMBERSHIPS | $3,397 | $3,397 |
| EQUIPMENT MAINTENANCE | $1,081 | $1,081 |
| INSURANCE | $3,295 | $5,471 |
| INTERNET ACCESS FEES | $3,051 | $3,051 |
| MARKETING | $500 | $500 |
| MISCELLANEOUS | $1,091 | $1,141 |
| OFFICE EXPENSE | $11,194 | $11,194 |
| OCCUPANCY | $14,400 | $14,400 |
| STATE FILING FEES | $45 | $45 |
| SUBSCRIPTIONS | $372 | $372 |
| TELEPHONE | $791 | $791 |
| WEBSITE HOSTING | $9,013 | $11,849 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST INCOME - CHA PARTNER | Desc |
| Revenue And Expenses Per Books | $180,005 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $180,005 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CHANGE IN VALUE OF TRUSTS | $467,874 |
| UNREALIZED GAIN INVESTMENTS | $359,009 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTING FEES | $7,127 | $7,127 | |
| INVESTMENT MGMT FEES | $105,069 | $105,069 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $33,682 | Amt |