STRATEGY STUDIO / PUBLIC DATA EXPLORER

CHICAGO FREEDOM TRUST: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
CHICAGO FREEDOM TRUST (EIN 26-4123223)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-02-17
IRS object ID
201710489349100701
Schema version
2016v3.0
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)
Return2017-02-17T12:38:37-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVID A HAFFT & CO LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 VILLAGE GREEN DR SUITE 214AddressLine1Txt
CityLINCOLNSHIRECityNm
State AbbreviationILStateAbbreviationCd
ZIP600693086ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264123223EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHICAGO FREEDOM TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHICBusinessNameControlTxt
Phone7738691357PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 W 35TH STAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60609ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLEONARD LEOPersonNm
Person TitlePRIMARY TRUSTEEPersonTitleTxt
Phone7738691357PhoneNum
Signature2017-02-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID HAFFTPreparerPersonNm
Phone8479138006PhoneNum
Preparation2017-02-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.247.157.124IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-02-17IPDt
IP Tm12:38:33IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdCE302A4B77439B822740C1AA2278AF1A47C4EEA2AtSubmissionCreationDeviceId
At Submission Filing Device IdCE302A4B77439B822740C1AA2278AF1A47C4EEA2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$14,121FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$25,000ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$25,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$486TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$486TravConfMeetingDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$986TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$486TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$16,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$16,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,986TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,486TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$8,014ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,107CashBOYAmt
Cash EOY$14,121CashEOYAmt
Cash EOYFMV$14,121CashEOYFMVAmt
Total Assets BOY$6,107TotalAssetsBOYAmt
Total Assets EOY$14,121TotalAssetsEOYAmt
Total Assets EOYFMV$14,121TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$6,107RetainedEarningBOYAmt
Retained Earning EOY$14,121RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,107TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$14,121TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,107TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$14,121TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,107TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$8,014ExcessRevenueOverExpensesAmt
Subtotal$14,121SubtotalAmt
Tot Net Ast Or Fund Balances EOY$14,121TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$16,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$21,360NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.749064DistributionYr1Rt
Adjusted Qlfy Distri Yr2$18,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$38,926NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.462416DistributionYr2Rt
Adjusted Qlfy Distri Yr3$16,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$55,106NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.290350DistributionYr3Rt
Adjusted Qlfy Distri Yr4$7,140AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$63,499NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.112443DistributionYr4Rt
Adjusted Qlfy Distri Yr5$6,765AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$69,724NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.097025DistributionYr5Rt
Total Distribution1.711298TotalDistributionRt
Average Distribution0.342260AverageDistributionRt
Net Vl Noncharitable Assets$6,027NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$2,063AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$2,063AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$16,486QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLEONARD LEOIndividualWithBooksNm
Phone7738691357PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11111 W 35TH STAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60609ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ADAM MEYERSON
1120 20TH ST NW 550SWASHINGTONDC20036CO-TRUSTEE0.50$0$0$0
JOSEPH G LEHMAN
PO BOX 48640MIDLANDMI48640CO-TRUSTEE0.50$0$0$0
LEONARD LEO
1776 I ST NW 300WASHINGTONDC20006PRIMARY TRUSTTE & CO0.50$0$0$0
LESLIE GRAVES
PO BOX 279SPRING GREENWI53588CO-TRUSTEE0.50$0$0$0
TRACIE SHARP
PO BOX 5208RICHMONDCA94805CO-TRUSTEE0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,119AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,119TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,119AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$92CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,027NetVlNoncharitableAssetsAmt
Minimum Investment Return$301MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$301MinimumInvestmentReturnAmt
Distributable Before Adj$301DistributableBeforeAdjAmt
Distributable Before Ded$301DistributableBeforeDedAmt
Distributable As Adjusted$301DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,486ExpensesAndContributionsAmt
Qualifying Distributions$16,486QualifyingDistributionsAmt
Adjusted Qualifying Distri$16,486AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$301DistributableAsAdjustedAmt
Undistributed Income PY$1,068UndistributedIncomePYAmt
Excess Distribution Cyov Yr5$3,279ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,965ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$16,000ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$18,000ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$16,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$57,244TotalExcessDistributionCyovAmt
Qualifying Distributions$16,486QualifyingDistributionsAmt
Applied To Year1$1,068AppliedToYear1Amt
Applied To Current Year$301AppliedToCurrentYearAmt
Remaining Distri From Corpus$15,117RemainingDistriFromCorpusAmt
Total Corpus$72,361TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,279ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$69,082ExcessDistriCyovToNextYrAmt
Excess From Year4$3,965ExcessFromYear4Amt
Excess From Year3$16,000ExcessFromYear3Amt
Excess From Year2$18,000ExcessFromYear2Amt
Excess From Year1$16,000ExcessFromYear1Amt
Excess From Current Year$15,117ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CARA PROGRAM
237 S DESPLAINES AVEChicagoIL60661publicemployment andAssist those gainingstaying employed$2,000
MEALS ON WHEELS OF CONTRA COSTS
PO BOX 3195MARTINEZCA94553publicFOOD FOR HOMEBOUND$2,000
ERUDITE TECHHOPE TECH SCHOOL
2525 E BAYSHORE RDPALO ALTOCA94303publicSchool grant$2,000
WORLD ORPHAN FUND
N7130 NORTH LOST LAKE RDRANDOLPHWI53956PUBLICASSISTANCE TOPROVIDINGORPHANED CHILDREN$2,000
CITY RESCUE MISSION OF SAGINAW
PO BOX 548SAGINAWMI48606publicMEALS FOR HOMELESS$2,000
STEPPING AHEAD
480 W 78TH ST 111CHANHASSENMN55317PUBLICADDICTION COUNSELING$2,000
CHICAGO HOPE ACADEMY
2189 W BOWLER STCHICAGOIL60612publicSCHOOL GRANT$2,000
BETTER YES NETWORK
PO BOX 3912CARYNC27519PUBLICalternatives tocHaritablegovernment programs$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$16,000TotalGrantOrContriPdDurYrAmt

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 PersonBARRE SEIDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11111 W 35TH STAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60609ZIPCd
FieldValueIRS element (for citing)
Total Contributions$25,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryDAVID HAFFT & CO LTD TAX RETURN PREPCategoryTxt
Amt$500Amt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePAGE 4, PART VII-A, LINE 8BFormAndLineReferenceDesc
Medium ExplanationNOT REQUIRED TO REGISTER OR FILE REPORTS IN UTAH OR ANY OTHER STATE.MediumExplanationTxt