STRATEGY STUDIO / PUBLIC DATA EXPLORER

MAUREEN AND MICHAEL MCINERNEY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MAUREEN AND MICHAEL MCINERNEY CHARITABLE FOUNDATION INC (EIN 81-0798757)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-02
IRS object ID
202021849349101237
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-07-02T16:26:02-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112595347PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHN F DELILLO CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1123 SOUTH ST STE 112AddressLine1Txt
CityOYSTER BAYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11771ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810798757EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAUREEN AND MICHAEL MCINERNEYBusinessNameLine1Txt
Business Name Line2CHARITABLE FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMAURBusinessNameControlTxt
Phone9175923519PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1303 N RIVERSIDE DRIVE UNIT 605AddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33062ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAUREEN E MCINERNEYPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone9088980100PhoneNum
Signature2020-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN F DELILLOPreparerPersonNm
PTINP00435753PTIN
Phone5169222102PhoneNum
Preparation2020-06-22PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$210,013FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$65,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$9InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$9InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,649DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,649DividendsNetInvstIncmAmt
Total Rev And Expnss$70,658TotalRevAndExpnssAmt
Total Net Invst Incm$5,658TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$50LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$850AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$96TaxesRevAndExpnssAmt
Printing And Pub Rev And Expnss$55PrintingAndPubRevAndExpnssAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,076TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$32,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$32,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$33,076TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$32,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$37,582ExcessRevenueOverExpensesAmt
Net Investment Income$5,658NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$25,046CashBOYAmt
Cash EOY$41,846CashEOYAmt
Cash EOYFMV$41,846CashEOYFMVAmt
Corporate Stock BOY$134,985CorporateStockBOYAmt
Corporate Stock EOY$155,767CorporateStockEOYAmt
Corporate Stock EOYFMV$168,167CorporateStockEOYFMVAmt
Total Assets BOY$160,031TotalAssetsBOYAmt
Total Assets EOY$197,613TotalAssetsEOYAmt
Total Assets EOYFMV$210,013TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$160,031NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$197,613NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$160,031TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$197,613TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$160,031TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$197,613TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$160,031TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$37,582ExcessRevenueOverExpensesAmt
Subtotal$197,613SubtotalAmt
Tot Net Ast Or Fund Balances EOY$197,613TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$30,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$145,246NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.206546DistributionYr1Rt
Adjusted Qlfy Distri Yr2$25,982AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$83,417NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.311471DistributionYr2Rt
Adjusted Qlfy Distri Yr3$23,994AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$90,561NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.264948DistributionYr3Rt
Net Vl Noncharitable Assets Yr4$2,579NetVlNoncharitableAssetsYr4Amt
Total Distribution0.782965TotalDistributionRt
Average Distribution0.260988AverageDistributionRt
Net Vl Noncharitable Assets$163,482NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$42,667AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$57NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$42,724AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$32,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$113InvestmentIncomeExciseTaxAmt
Subtotal$113SubtotalAmt
Tax Based On Investment Income$113TaxBasedOnInvestmentIncomeAmt
Tax Due$113TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMAUREEN E MCINERNEYIndividualWithBooksNm
Phone9175923519PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1303 N RIVERSIDE DRIVE UNIT 605AddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33062ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MAUREEN E MCINERNEY
303 N RIVERSIDE DRIVE UNIT 605POMPANO BEACHFL33062DIRECTOR000.00$0$0$0
MICHAEL J MCINERNEY
303 N RIVERSIDE DRIVE UNIT 605POMPANO BEACHFL33062DIRECTOR000.00$0$0$0
JOHN O MCMANUS ESQ
571 CENTRAL AVENUE SUITE 120NEW PROVIDENCENJ07974DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$146,455AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$19,517AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$165,972TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$165,972AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,490CashDeemedCharitableAmt
Net Vl Noncharitable Assets$163,482NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,174MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,174MinimumInvestmentReturnAmt
Tax Based On Investment Income$113TaxBasedOnInvestmentIncomeAmt
Total Tax$113TotalTaxAmt
Distributable Before Adj$8,061DistributableBeforeAdjAmt
Distributable Before Ded$8,061DistributableBeforeDedAmt
Distributable As Adjusted$8,061DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$32,000ExpensesAndContributionsAmt
Qualifying Distributions$32,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$32,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,061DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$9,671ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$19,478ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$21,847ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$22,834ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$73,830TotalExcessDistributionCyovAmt
Qualifying Distributions$32,000QualifyingDistributionsAmt
Applied To Current Year$8,061AppliedToCurrentYearAmt
Remaining Distri From Corpus$23,939RemainingDistriFromCorpusAmt
Total Corpus$97,769TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$97,769ExcessDistriCyovToNextYrAmt
Excess From Year4$9,671ExcessFromYear4Amt
Excess From Year3$19,478ExcessFromYear3Amt
Excess From Year2$21,847ExcessFromYear2Amt
Excess From Year1$22,834ExcessFromYear1Amt
Excess From Current Year$23,939ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THE LOUGHLIN FOUNDATION
367 CLERMONT AVENUEBROOKLYNNY11238TO PROMOTE THE WELFARE OF CHILDREN$20,000
ST JUDE CHILDREN'S RESEARCH HOSPITA
501 ST JUDE PLACEMEMPHISTN38105TO PROMOTE THE WELFARE OF CHILDREN$4,000
ST FRANCIS COLLEGE
180 REMSEN STREETBROOKLYNNY11201TO PROMOTE THE WELFARE OF CHILDREN$1,000
FRESH AIR FUND
633 THIRD AVENUENEW YORKNY10017TO PROMOTE CHILDREN'S SUMMER PROGRAM$2,000
THE ASHLEY LAUREN FOUNDATION
309 MORRIS AVENUESPRING LAKENJ07762TO EASE JOURNEY OF PEDIATRIC CANCER$1,000
ST MARY'S HOSPITAL FOR CHILDREN
29-01 216 STREETBAYSIDENY11360PRGRMS/SVCS FOR CHILDREN W/SPECIAL$3,000
BFC CHARITABLE FOUNDATION
OCEAN AVENUEBELMARNJ07719TO BENEFIT BELMAR'S AUTISM BEACH BAS$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$32,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,649ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,658ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,658TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonMAUREEN E MCINERNEYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1303 N RIVERSIDE DRIVE UNIT 605AddressLine1Txt
CityPOMPANO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33062ZIPCd
FieldValueIRS element (for citing)
Total Contributions$65,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$850Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSTOCKSStockNm
EOY Book Value$155,767EOYBookValueAmt
EOYFMV$168,167EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryFILING FEESCategoryTxt
Legal Fees$50LegalFeesAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
TD BANK ACCOUNT FEE$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXCategoryTxt
Amt$96Amt