NURSING & SCIENTIFIC SCHOLARSHIP FUND: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NURSING & SCIENTIFIC SCHOLARSHIP FUND (EIN 16-6376992)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2020-10-28
- IRS object ID
- 202003029349100520
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-28T15:00:24-05:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 166376992 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NURSING & SCIENTIFIC SCHOLARSHIP FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NURS | BusinessNameControlTxt |
| Phone | 6077373840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CHEMUNG CANAL TRUST CO PO BOX 15 | AddressLine1Txt |
| City | ELMIRA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14902 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATHERINE B CRANDALL | PersonNm |
| Person Title | SENIOR VP | PersonTitleTxt |
| Phone | 6077373840 | PhoneNum |
| Signature | 2020-10-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HEATHER A HAWES | PreparerPersonNm |
| PTIN | P01379658 | PTIN |
| Phone | 7327679100 | PhoneNum |
| Preparation | 2020-10-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.253.202.168 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2673950EA8418CBFAA7C91AE2E010EE95E1B2170 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5FA89440B4F16721C6469D705A9AAFA334E60B0D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,912,010 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $34,905 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $34,905 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $49,814 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $933,339 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $49,814 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $84,719 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $84,719 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $12,731 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,458 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,273 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $316 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $316 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $3 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $13,050 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $11,777 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,273 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $81,328 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $81,328 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $94,378 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $11,777 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $82,601 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$9,659 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $72,942 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $146,910 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $71,965 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $71,965 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $245,376 | CorporateStockBOYAmt |
| Corporate Stock EOY | $249,036 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $526,294 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $50,628 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $50,628 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $55,113 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,013,382 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,069,818 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,258,638 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,456,296 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,441,447 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,912,010 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $1,456,296 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,441,447 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,456,296 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,441,447 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,456,296 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,441,447 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,456,296 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$9,659 | ExcessRevenueOverExpensesAmt |
| Other Increases | $194 | OtherIncreasesAmt |
| Subtotal | $1,446,831 | SubtotalAmt |
| Other Decreases | $5,384 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,441,447 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 659.839 GUGGENHEIM MACRO OPPORTUNITIES INSTL | 2019-03-19 | 2019-11-20 | $16,997 | $17,143 | -$146 | -$146 | |
| 4541.953 VANGUARD INTM TERM TREAS-ADM | 2019-08-21 | 2019-11-20 | $51,915 | $52,323 | -$408 | -$408 | |
| 4090.953 VANGUARD S/T TRSRY INDX-INST | 2019-08-21 | 2019-11-20 | $104,442 | $104,647 | -$205 | -$205 | |
| 3201.472 PAYDEN EMER MRKT BOND FUND | 2019-07-24 | 2019-12-24 | $44,116 | $44,436 | -$320 | -$320 | |
| 3477.205 PIMCO CREDIT OPPORTUNITIES BOND INSTL CL | 2019-03-19 | 2019-12-24 | $35,224 | $34,285 | $939 | $939 | |
| 1116.208 VOYA HIGH YIELD BOND-I | 2019-08-21 | 2019-12-24 | $8,963 | $8,863 | $100 | $100 | |
| 3289.445 VOYA HIGH YIELD BOND-I | 2018-05-14 | 2019-12-24 | $26,414 | $25,921 | $493 | $493 | |
| 152. MICROSOFT | 2010-12-23 | 2020-02-14 | $28,060 | $4,300 | $23,760 | $23,760 | |
| 1623.484 FIDELITY INTL INDX-INST PRM | 2018-12-26 | 2020-02-28 | $62,780 | $58,608 | $4,172 | $4,172 | |
| 1159.085 JPMORGAN EMERG MRKT EQ-I | 2019-07-24 | 2020-02-28 | $35,364 | $35,549 | -$185 | -$185 | |
| 144. MICROSOFT | 2010-12-23 | 2020-02-28 | $23,194 | $4,074 | $19,120 | $19,120 | |
| 205.784 VANGUARD 500 INDEX FUND-ADM | 2018-12-26 | 2020-02-28 | $56,276 | $46,865 | $9,411 | $9,411 | |
| 7455.009 DODGE & COX INCOME FUND | 2020-03-18 | $100,121 | $101,554 | -$1,433 | -$1,433 | ||
| 4725.383 FEDERATED HERMES TOTAL RETURN BD-IS | 2019-03-19 | 2020-03-18 | $49,900 | $50,278 | -$378 | -$378 | |
| 9091.653 VANGUARD HIGH YIELD CORP-ADM | 2019-12-24 | 2020-03-18 | $45,913 | $54,277 | -$8,364 | -$8,364 | |
| 192.858 DODGE & COX STOCK FUND | 2020-04-21 | $27,185 | $37,912 | -$10,727 | -$10,727 | ||
| 2.495 DODGE & COX STOCK FUND | 2020-02-14 | 2020-04-21 | $352 | $492 | -$140 | -$140 | |
| 728.201 FIDELITY INTL INDX-INST PRM | 2019-12-24 | 2020-04-21 | $24,344 | $31,203 | -$6,859 | -$6,859 | |
| 1030.459 FIDELITY INTL INDX-INST PRM | 2018-12-26 | 2020-04-21 | $34,448 | $37,200 | -$2,752 | -$2,752 | |
| 1341. SECTOR SPDR REAL ESTATE SELECT ETF | 2019-08-21 | 2020-04-21 | $43,903 | $52,205 | -$8,302 | -$8,302 | |
| 5159.031 VANGUARD INTM TERM TREAS-ADM | 2020-02-28 | 2020-06-18 | $62,527 | $60,877 | $1,650 | $1,650 | |
| 63. APPLE INC | 2013-03-21 | 2020-08-21 | $30,883 | $4,077 | $26,806 | $26,806 | |
| 265. NOVO NORDISK A/S-SPONS ADR | 2020-04-21 | 2020-08-21 | $17,577 | $16,928 | $649 | $649 | |
| CAPITAL GAIN DIVIDENDS | $2,793 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $49,814 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $84,044 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,674,815 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050181 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $75,274 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,709,540 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.044032 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $72,520 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,608,105 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045097 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $72,454 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,555,411 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046582 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $61,469 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,598,804 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.038447 | DistributionYr5Rt |
| Total Distribution | 0.224339 | TotalDistributionRt |
| Average Distribution | 0.044868 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,788,494 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $80,246 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $729 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $80,975 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $82,601 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $729 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $729 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $729 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $27 | EsPenaltyAmt |
| Tax Due | $756 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | NY | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHEMUNG CANAL TRUST CO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6077373840 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CHEMUNG CANAL PLAZA | AddressLine1Txt |
| City | ELMIRA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14901 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHEMUNG CANAL TRUST CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1522 TRUST DEPARTMENT | AddressLine1Txt |
| City | ELMIRA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 6 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $12,731 | CompensationAmt |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,710,817 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $104,913 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,815,730 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,815,730 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $27,236 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,788,494 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $89,425 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $89,425 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $729 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $729 | TotalTaxAmt |
| Distributable Before Adj | $88,696 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $88,696 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $88,696 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $82,601 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $82,601 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $729 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $81,872 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $88,696 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $81,328 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $82,601 | QualifyingDistributionsAmt |
| Applied To Year1 | $81,328 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,273 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $87,423 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | 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 | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARTWICK COLLEGE | BusinessNameLine1Txt |
| Business Name Line2 | KAREN ZUILL COMPTROLLER | BusinessNameLine2Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HARTWICK DRIVE | AddressLine1Txt |
| City | ONEONTA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13820 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | RESTRICTED FUND FOR | GrantOrContributionPurposeTxt |
| Amt | $81,328 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $81,328 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $34,905 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $49,814 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $84,719 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $84,719 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | APPLE INC 3.45% 5/6/2024 | BondNm |
| EOY Book Value | $50,628 | EOYBookValueAmt |
| EOYFMV | $55,113 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MICROSOFT | $10,580 | $78,664 |
| PFIZER INC | $25,402 | $25,690 |
| APPLE INC | $10,161 | $72,729 |
| ADOBE SYSTEMS INC | $25,379 | $83,373 |
| AMAZON.COM INC | $10,510 | $31,487 |
| VISA INC CL A SHS | $33,768 | $66,990 |
| WALMART STORES INC | $33,138 | $58,762 |
| WALT DISNEY COMPANY | $16,569 | $19,232 |
| DOMINION | $33,677 | $36,229 |
| DUKE ENERGY CORP | $33,741 | $36,133 |
| MERCK & CO INC | $16,111 | $17,005 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DODGE & COX INCOME FUND | |||
| FEDERATED TOTAL RETURN BD-IS | |||
| SECTOR SPDR REAL ESTATE SELECT | |||
| SECTOR SPDR TECHNOLOGY SELECT | AT COST | $63,502 | $128,370 |
| VANGUARD EXT MKT INDX-ADM | AT COST | $46,671 | $56,392 |
| VANGUARD TOT BD MKT IDX-ADM | AT COST | $260,700 | $278,396 |
| ISHARES MSCI EAFE INDEX FUND | AT COST | $25,059 | $29,597 |
| PIMCO CREDIT OPPPRTUNITIES BON | |||
| VOYA HIGH YIELD BOND | |||
| XTRACKERS MSCI EAFE HEDGED | AT COST | $25,135 | $28,121 |
| FIDELITY INTL INDX INST PRM | |||
| GUGGENHEIM MACRO OPPORTUNITIES | |||
| JPMORGAN EMERG MRKT EQ | |||
| LEGG MASON CLRBRDG S/C GR | AT COST | $35,816 | $41,851 |
| PAYDEN EMER MRKT BOND FUND | |||
| T ROWE PRICE GROWTH STOCK FUND | AT COST | $110,086 | $137,450 |
| VANGUARD 500 INDEX FUND | AT COST | $125,401 | $153,390 |
| VANGUARD INTM TERM TREAS | AT COST | $53,298 | $55,099 |
| VANGUARD S/T TRSRY INDX | |||
| BLACKROCK CORE BOND PORT | AT COST | $97,942 | $107,192 |
| VANGUARD DIVIDEND GROWTH FUND | AT COST | $70,105 | $79,447 |
| VANGUARD HIGH YIELD CORP | AT COST | $56,159 | $56,436 |
| WESTERN ASSET CORE BOND | AT COST | $99,944 | $106,897 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TAX COST TO BOOK VALUE ADJ ON SALES | $5,243 |
| WASH SALE DISALLOWED | $141 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EXPENSE (NON-DEDUCTIBLE | Desc |
| Revenue And Expenses Per Books | $3 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| INCOME PD IN 2019 TAXED IN 2018 | $192 |
| ROUNDING ADJUSTMENT | $2 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $37 | $37 | $0 |
| FOREIGN TAXES ON QUALIFIED DIV | $261 | $261 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $18 | $18 | $0 |