THE SAVINGS BANK CHARITABLE FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE SAVINGS BANK CHARITABLE FOUNDATION INC (EIN 04-3370164)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-02-28
- IRS object ID
- 202020599349100502
- Schema version
- 2019v5.0
- 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
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-02-28T08:53:43-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042689883 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOLF & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 HIGH STREET 21ST FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043370164 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAVINGS BANK CHARITABLE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAVI | BusinessNameControlTxt |
| Phone | 7812460400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 MAIN STREET PO BOX 30 | AddressLine1Txt |
| City | WAKEFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENISE CARBONE | PersonNm |
| Person Title | VP/TREASURER/DIRECTOR | PersonTitleTxt |
| Phone | 7812460400 | PhoneNum |
| Signature | 2020-02-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY A KALAJIAN JR CPA | PreparerPersonNm |
| PTIN | P00464296 | PTIN |
| Phone | 6174399700 | PhoneNum |
| Preparation | 2020-02-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $964,263 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $68,670 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,911 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,911 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $21,041 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $21,041 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,376 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $55,533 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,376 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $92,998 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $24,328 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,600 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $5,844 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,844 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,518 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $70 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $70 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $9,032 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,844 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,670 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $41,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $41,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $50,932 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,844 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $43,570 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $42,066 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $18,484 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $71,422 | CashBOYAmt |
| Cash EOY | $95,004 | CashEOYAmt |
| Cash EOYFMV | $95,004 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $28,676 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $35,981 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $35,981 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $545,588 | CorporateStockBOYAmt |
| Corporate Stock EOY | $556,767 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $833,278 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $645,686 | TotalAssetsBOYAmt |
| Total Assets EOY | $687,752 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $964,263 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $645,686 | RetainedEarningBOYAmt |
| Retained Earning EOY | $687,752 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $645,686 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $687,752 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $645,686 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $687,752 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $645,686 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $42,066 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $687,752 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $687,752 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|---|
| WABTEC CORP. | P | 2019-03-12 | $193 | $213 | -$20 | -$20 | |
| AFLAC | P | 2019-05-08 | $5,058 | $1,967 | $3,091 | $3,091 | 2012-05-24 |
| APPLE INC. | P | 2019-05-08 | $4,171 | $2,260 | $1,911 | $1,911 | 2015-08-20 |
| BANK OF AMERICA CORP. | P | 2019-05-08 | $3,364 | $5,145 | -$1,781 | -$1,781 | 2005-02-10 |
| CISCO SYSTEMS INC. | P | 2019-05-08 | $4,099 | $2,036 | $2,063 | $2,063 | 2015-08-20 |
| WASTE MANAGEMENT INC. | P | 2019-05-08 | $3,172 | $917 | $2,255 | $2,255 | 2011-11-22 |
| 3M COMPANY | P | 2019-09-06 | $8,774 | $12,856 | -$4,082 | -$4,082 | 2018-02-06 |
| BRISTOL-MYERS SQUIBB COMPANY | P | 2019-09-06 | $4,070 | $3,862 | $208 | $208 | 2016-10-26 |
| COMING | P | 2019-09-06 | $11,539 | $9,057 | $2,482 | $2,482 | 2014-12-17 |
| GE | P | 2019-09-06 | $4,537 | $11,564 | -$7,027 | -$7,027 | 2011-08-23 |
| HOME DEPOT | P | 2019-09-06 | $3,337 | $1,844 | $1,493 | $1,493 | 2016-10-26 |
| TARGET | P | 2019-09-06 | $3,219 | $2,436 | $783 | $783 | 2015-08-20 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,376 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $38,035 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $745,741 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.051003 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $34,135 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $679,002 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050272 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $30,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $596,574 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050287 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $34,671 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $564,842 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.061382 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $30,348 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $556,536 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054530 | DistributionYr5Rt |
| Total Distribution | 0.267474 | TotalDistributionRt |
| Average Distribution | 0.053495 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $820,658 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $43,901 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $185 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $44,086 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $43,570 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $370 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $370 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $370 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,200 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,200 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $830 | OverpaymentAmt |
| Applied To ES Tax | $830 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DENISE CARBONE | IndividualWithBooksNm |
| Phone | 7812460400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 MAIN STREET | AddressLine1Txt |
| City | WAKEFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT J DIBELLA | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| THERESE JARMUSIK | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| GLENN D DOLBEARE | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KAREN A CONRAD | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RAICHELLE L KALLERY | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | VP/CLERK/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DENISE CARBONE | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | VP/TREASURER/DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOANNE REILLY | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARGARET SUPER CHURCH | ||||||||
| 357 MAIN STREET PO BOX 30 | WAKEFIELD | MA | 01880 | DIRECTOR | 1.00 | $0 | $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 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $755,871 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $77,284 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $833,155 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $833,155 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,497 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $820,658 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $41,033 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $41,033 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $370 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $370 | TotalTaxAmt |
| Distributable Before Adj | $40,663 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $40,663 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $40,663 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $43,570 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $43,570 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $43,570 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $40,663 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,416 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $7,157 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $480 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $844 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,927 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,824 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $43,570 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $40,663 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,907 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $16,731 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $3,416 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,315 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,157 | ExcessFromYear4Amt |
| Excess From Year3 | $480 | ExcessFromYear3Amt |
| Excess From Year2 | $844 | ExcessFromYear2Amt |
| Excess From Year1 | $1,927 | ExcessFromYear1Amt |
| Excess From Current Year | $2,907 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ROBERT J DEBELLA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 MAIN STREET PO BOX 30 | AddressLine1Txt |
| City | WAKEFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7812460400 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS AVAILABLE AT ABOVE ADDRESS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE APPLICATIONS FOR VARIOUS DEADLINES | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE TO BE GRANTED WITHIN WAKEFIELD, MASSACHUSETTS AND ITS VICINITY, UNLESS AN EXCEPTION IS MADE BY THE BOARD OF DIRECTORS TO BENEFIT COMMUNITY, CHARITABLE, EDUCATIONAL AND OTHER BENEVOLENT PURPOSES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| MISSION OF DEEDS | |||||||
| 6 CHAPIN AVE | READING | MA | 01867 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| MYSTIC VALLEY ELDER SERVICES | |||||||
| 300 COMMERCIAL ST 19 | MALDEN | MA | 02148 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| BOYS & GIRLS CLUB OF LAWRENCE | |||||||
| 136 WATER STREET | LAWRENCE | MA | 01841 | NOT RELATED | PC | EXEMPT PURPOSE | $2,000 |
| SI SE PUEDE INC | |||||||
| 68 MELVIN STREET 12-17 | LAWRENCE | MA | 01841 | NOT RELATED | PC | EXEMPT PURPOSE | $1,500 |
| THE PSYCHOLOGICAL CENTER | |||||||
| 11 UNION STREET | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| WAKEFIELD INTERFAITH FOOD PANTRY | |||||||
| 467 MAIN STREET | WAKEFIELD | MA | 01880 | NOT RELATED | PC | EXEMPT PURPOSE | $3,000 |
| ESSEX ART CENTER | |||||||
| 56 ISLAND STREET 1 | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| THE HAVEN PROJECT | |||||||
| 57 MUNROE STREET | LYNN | MA | 01901 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| THE HARVEY GIRLS | |||||||
| 15 UNION ST | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| NEIGHBORS IN NEED | |||||||
| 60 ISLAND STREET SUITE 216 | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $3,000 |
| LAZARUS HOUSE MINISTRIES INC | |||||||
| 412 HAMPSHIRE STREET | LAWRENCE | MA | 01841 | NOT RELATED | PC | EXEMPT PURPOSE | $3,000 |
| BELLESINI ACADEMY | |||||||
| 94 BRADFORD STREET | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $1,000 |
| BOYS & GIRLS CLUB OF STONEHAMWAKEFIELD | |||||||
| 15 DALE CT | STONEHAM | MA | 02180 | NOT RELATED | PC | EXEMPT PURPOSE | $3,000 |
| YMCA OF GREATER LAWRENCE | |||||||
| 40 LAWRENCE STREET | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $2,000 |
| COMMUNITAS | |||||||
| 60-D AUDUBON RD | WAKEFIELD | MA | 01880 | NOT RELATED | PC | EXEMPT PURPOSE | $2,400 |
| MASSACHUSETTS COALITION FOR THE HOMELESS | |||||||
| 73 BUFFUM STREET | LYNN | MA | 01902 | NOT RELATED | PC | EXEMPT PURPOSE | $2,000 |
| EMMAUS | |||||||
| 127 HOW STREET | HAVERHILL | MA | 01830 | NOT RELATED | PC | EXEMPT PURPOSE | $3,000 |
| BREAD & ROSES | |||||||
| 58 NEWBURY STREET | LAWRENCE | MA | 01840 | NOT RELATED | PC | EXEMPT PURPOSE | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $41,900 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,911 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,041 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,376 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $24,328 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $24,328 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAVINGS BANK | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 357 MAIN STREET PO BOX 30 | AddressLine1Txt |
| City | WAKEFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01880 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $68,670 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WOLF & COMPANY, P.C. | CategoryTxt |
| Amt | $1,600 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,600 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COMMON STOCKS | $389,802 | $652,739 |
| MUTUAL FUNDS | $95,089 | $107,938 |
| BONDS | $71,876 | $72,601 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE FILING FEES | Desc |
| Revenue And Expenses Per Books | $70 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $70 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $5,844 | Amt |
| Net Investment Income | $5,844 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| 2018 FEDERAL TAXES | $318 | $0 | $0 |
| 2019 ESTIMATED TAX PAYMENT | $1,200 | $0 | $0 |