CRESCENT CITIES CHARITIES INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CRESCENT CITIES CHARITIES INC (EIN 52-1815486)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-15
- IRS object ID
- 202542279349100814
- Schema version
- 2024v5.2
- 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
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Gain Loss Sale Other Assets Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-15T08:43:35-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 522301880 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Francis J DiSalvo CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6107 Elmendorf Drive | AddressLine1Txt |
| City | Suitland | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20746 | 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 | 521815486 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRESCENT CITIES CHARITIES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRES | BusinessNameControlTxt |
| Phone | 3015674671 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6907 OXON HILL ROAD | AddressLine1Txt |
| City | OXON HILL | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20745 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVEN G NOVAK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3015674671 | PhoneNum |
| Signature | 2025-05-15 | 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 | Francis J DiSalvo CPA | PreparerPersonNm |
| PTIN | P00844635 | PTIN |
| Phone | 3015681100 | PhoneNum |
| Preparation | 2025-08-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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) |
|---|---|---|
| Initial Return Former Pub Chrty | Yes (X) | InitialReturnFormerPubChrtyInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,763,667 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $388,205 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $388,205 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $388,205 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $301,627 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,455,700 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $301,627 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $247,076 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $342,372 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $342,372 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,032,204 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $689,832 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $977,653 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $21,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $21,000 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $27,869 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $27,869 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $9,595 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $9,595 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,000 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $3,000 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $109,740 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $109,740 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $29,798 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $29,797 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $449,427 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $31,577 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $376,397 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $81,193 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $650,429 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,577 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $577,398 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $81,193 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $885,787 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $885,787 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,536,216 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,577 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $577,398 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $966,980 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$504,012 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $658,255 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $400,255 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $875,336 | CashBOYAmt |
| Cash EOY | $292,259 | CashEOYAmt |
| Cash EOYFMV | $292,259 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl | $3,000,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $3,000,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $3,000,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $3,000,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $0 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $12,465 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $12,465 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $4,660,610 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,282,870 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,282,870 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $15,000 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $12,000 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $6,000 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $3,000 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $3,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $259,595 | OtherAssetsBOYAmt |
| Other Assets EOY | $173,073 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $173,073 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $8,801,541 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,763,667 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,763,667 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $10,282 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $16,970 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $13,972 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $7,068 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $198,939 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $108,455 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $223,193 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $132,493 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,578,348 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,631,174 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,578,348 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,631,174 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,801,541 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,763,667 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,578,348 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$504,012 | ExcessRevenueOverExpensesAmt |
| Other Increases | $556,838 | OtherIncreasesAmt |
| Subtotal | $8,631,174 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,631,174 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Summary-Short-term publicly traded securities;Schwab 8594-4035 | P | 2023-01-01 | 2024-12-31 | $80,729 | $0 | $69,982 | $10,747 | $0 | $0 | $0 | $10,747 |
| Summary-Long-term publicly traded securities;Schwab 8594-4035 | P | 2024-01-01 | 2024-12-31 | $575,756 | $0 | $499,107 | $76,649 | $0 | $0 | $0 | $76,649 |
| Summary-Short-term publicly traded securities;Schwab 3409-4750 | P | 2023-01-01 | 2024-12-31 | $21,399 | $0 | $15,685 | $5,714 | $0 | $0 | $0 | $5,714 |
| Summary-Long-term publicly traded securities;Schwab 3409-4750 | P | 2024-01-01 | 2024-12-31 | $638,182 | $0 | $467,755 | $170,427 | $0 | $0 | $0 | $170,427 |
| Summary-Long-term publicly traded securities;Schwab 6219-8436 | P | 2023-01-01 | 2024-12-31 | $139,635 | $0 | $101,545 | $38,090 | $0 | $0 | $0 | $38,090 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $301,627 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $247,076 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,150 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,150 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,150 | TaxBasedOnInvestmentIncomeAmt |
| Original Return Tax Paid | $0 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $525 | EsPenaltyAmt |
| Tax Due | $9,675 | 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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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.cccharities.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHARITIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3015674671 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6907 OXON HILL ROAD | AddressLine1Txt |
| City | OXON HILL | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20745 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| STEVEN G NOVAK | ||||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | PRESIDENT | 12.00 | $4,200 | $0 | $0 |
| PAUL BAIERS JR | ||||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | SECRETARY | 25.00 | $64,200 | $0 | $0 |
| ROBERT POE | ||||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | CHAIRMAN | 9.00 | $4,200 | $0 | $0 |
| JOSEPH HARRIS | ||||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | VICE PRESIDENT | 11.00 | $4,200 | $0 | $0 |
| RICHARD LAWSON | ||||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | TREASURER | 11.00 | $4,200 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Public Charities (501(c)(3)) 179 recipients; Principal giving focused on public charities, funding health, education, and human-service programs that advance community well-being. | Description1Txt |
| Expenses1 | $632,254 | Expenses1Amt |
| Description2 | Other Exempt Organizations (501(c)(4),(6),(7),(8))- 13 recipients Recipients included chambers of commerce, sororities, and service clubs. These awards broaden civic engagement and strengthen community networks. | Description2Txt |
| Expenses2 | $10,033 | Expenses2Amt |
| Description3 | Government Units & Other Qualified Recipients 12 awards; Grant to public schools and youth teams expanded community facilities. Funding backed athletic gear, upgrades & joint public initiatives. | Description3Txt |
| Expenses3 | $25,500 | Expenses3Amt |
| Description4 | Scholarships75 recipients: Funding for academic, vocational, nursing, and engineering scholarships honoring local leaders, supporting students that meet requirements, reflecting academic achievement and other selection criteria. | Description4Txt |
| Expenses4 | $218,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Loan to Apartments at Country Club LLC for the redevelopment of a former hotel in Hilo, Hawaii into 65 affordable senior housing units using Low-Income Housing Tax Credits. Project serves seniors at or below 60% of area median income with dedicate amenities. | Description1Txt |
| Expenses1 | $1,500,000 | Expenses1Amt |
| Description2 | Loan to Cloisters Foxfire Owner, LLC secured by a multifamily apartment complex in High Point, NC. The property comprises 1- to 3-bedroom units with in-unit washer/dryer, clubhouse, pool, landscaped grounds, and pet-friendly policiesserving the local rental community. | Description2Txt |
| Expenses2 | $1,500,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $5,282,870 | AllOtherProgramRltdInvstTotAmt |
| Total | $8,282,870 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $966,980 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $8,282,870 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,249,850 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $9,249,850 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $9,249,850 | RemainingDistriFromCorpusAmt |
| Total Corpus | $9,249,850 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,249,850 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $9,249,850 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j5 | Yes (X) | Section4942j5Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,249,850 | CurrentYearAmt |
| Total | $9,249,850 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,249,850 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $9,249,850 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient PhoneRecipientPhoneNum | Form And Info And MaterialsFormAndInfoAndMaterialsTxt | Submission DeadlinesSubmissionDeadlinesTxt | Restrictions On AwardsRestrictionsOnAwardsTxt |
|---|---|---|---|---|---|---|---|
| STEVEN G NOVAK - SCHOLARSHIP COMMIT | |||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | 3015677076 | Applications submitted online. www.cccharities.org | College Scholarship Applications by April 15th. Trade School Scholarship Applications by May 15th. | Grade point average. |
| STEVEN G NOVAK - GRANT COMMITTEE | |||||||
| 6907 OXON HILL ROAD | OXON HILL | MD | 20745 | 3015677076 | Applications submitted online. www.cccharities.org | None | Generally grants made to 501(c)(3); but others considered. |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Expenditure-Responsibility | ||||||
| Scholarship Program | Oxon Hill | MD | 20745 | N/A | See AttachedScheduleScholarships | $218,000 |
| Grants and Contributions | ||||||
| Paid During 2024 | Oxon Hill | MD | 20745 | VARIOUS | See AttachedScheduleof Grants | $667,787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $885,787 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $0 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | GAIN FROM SALE OF PUBLICLY TRADED SECURITIES | RelationshipStatementTxt |
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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRESECENT CITIES JAYCEES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(c)(3) nonprofit | OrganizationTypeDesc |
| Relationship Description | overlapping board members | RelationshipDescriptionTxt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DEBLANC AUDIT | CategoryTxt |
| Amt | $27,869 | Amt |
| Adjusted Net Income | $27,869 | AdjustedNetIncomeAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | The Organizations investments at December 31, 2024, consist entirely of Level 1 assets under the fair value hierarchy. Holdings include exchange-traded funds, common stocks, fixed-income funds, and a real estate investment trust. | Desc |
| Amt | $5,282,870 | Amt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Publicly Traded Securities-Multiple Schwab Accounts | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
| Gross Sales Price | $1,455,700 | GrossSalesPriceAmt |
| Basis | $1,154,073 | BasisAmt |
| Total Net | $301,627 | TotalNetAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RIGHT-OF-USE ASSET | $194,468 | $96,473 | $96,473 |
| SECURITY DEPOSIT | $9,100 | $9,100 | $9,100 |
| ACCRUED INTEREST | $56,027 | $67,500 | $67,500 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINSTRATIVE COSTS | $97,444 | $0 | $24,405 | $73,034 |
| BANK FEES | $65 | $0 | $65 | $0 |
| CONTRACT LABOR | $60,000 | $0 | $60,000 | $0 |
| DUES & SUBSCRIPTIONS | $145 | $0 | $145 | $0 |
| EQUIPMENT RENTAL | $71,187 | $0 | $71,187 | $0 |
| GIFTS, MEALS & ENTER | $373 | $0 | $373 | $0 |
| INSURANCE | $8,802 | $0 | $8,802 | $0 |
| INVESTMENT MANAGEMENT | $31,577 | $31,577 | $31,577 | $0 |
| MISCELLANEOUS | $6,000 | $0 | $6,000 | $0 |
| OFFICE SUPPLIES | $6,259 | $0 | $6,259 | $0 |
| OPERATING SUPPLIES | $111,488 | $0 | $111,488 | $0 |
| PROMOTIONS | $8,159 | $0 | $8,159 | $8,159 |
| REPAIR & MAINTENANCE | $2,255 | $0 | $2,255 | $0 |
| TELEPHONE | $12,178 | $0 | $12,187 | $0 |
| WEB SITE & IT SUPPORT | $33,495 | $0 | $33,495 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHARITABLE BINGO | Desc |
| Revenue And Expenses Per Books | $342,372 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $342,372 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON PUBLICLY TRADED SECURITIES | Desc |
| Amt | $556,838 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED RENT | $4,471 | $2,832 |
| LEASE LIABILITY | $194,468 | $96,473 |
| EXCISE TAX & RELATED FEES PAYABLE | $0 | $9,150 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Crescent Cities Charities, Inc. transitioned from public charity to private foundation status in 2024 following a multi-year decline in public support. This transition triggered the requirement to file Form 990-PF for the first time. At the time, the organization was working with a different firm to complete its 2023 audit and corresponding Form 990. That firm did not conclude its work until November 15, 2024, and no indication was given during their exit conference that the Crescent Cities Charities public charity status had lapsed or that private foundation filing requirements would apply for 2024. In mid-2024, a new audit firm was engaged to assist with ongoing financial reporting and tax compliance. An automatic extension (Form 8868) was submitted under the presumption that Crescent Cities Charities would continue filing Form 990 as a public charity. Only after further analysis of the public support test and Crescent Cities filing history did it become clear that a Form 990-PF was required, and that the extension initially filed did not apply to this form type. This situation was the result of reasonable reliance its auditors and a misunderstanding of the IRSs extension procedures, not willful neglect. Crescent Cities Charities has since taken steps to ensure future compliance and timely filings. We respectfully request that the IRS consider this explanation as reasonable cause for the late filing and not assess late filing penalties. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXCISE TAX | $9,150 | $0 | $9,150 | $0 |
| OTHER TAXES & LICENSES | $445 | $0 | $445 | $0 |