HERSHA H AND HASU P SHAH FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- HERSHA H AND HASU P SHAH FAMILY FOUNDATION (EIN 20-2011302)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-15
- IRS object ID
- 201521359349101122
- Schema version
- 2013v4.0
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Mortgages And Notes Payable Sch
- Other Decreases Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-15T08:33:42-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Boles Metzger Brosius & Emrick PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3601 N Front Street | AddressLine1 |
| City | Harrisburg | City |
| State | PA | State |
| ZIP Code | 17110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202011302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HERSHA H AND HASU P SHAH FAMILY | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERS | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 HERSHA DRIVE | AddressLine1 |
| City | HARRISBURG | City |
| State | PA | State |
| ZIP Code | 17102 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HASU P SHAH | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2015-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | William B Boles CPA | PreparerPersonNm |
| PTIN | P00168811 | PTIN |
| Phone | 7172380446 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,036,989 | 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 | $79,894 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $56,515 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $56,515 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $56,515 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $44,424 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $44,424 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $44,424 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | -$67,356 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,012 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,646 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,012 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $201 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $181,845 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $101,951 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $101,140 | TotalAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $18,006 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $18,006 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $109,214 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $109,214 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $127,220 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $127,220 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $100,076 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $100,076 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $227,296 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $127,220 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $100,076 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$45,451 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $101,140 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,336 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $9,120 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $9,120 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,290,474 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,304,034 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,027,869 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,488,118 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $55,589 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $559,917 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,432,529 | LandBldgInvestmentsEOYAmt |
| Total Assets BOY | $1,861,727 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,745,683 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,036,989 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $478,274 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $1,418,241 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $478,274 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,418,241 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,383,453 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,327,442 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,383,453 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,327,442 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,861,727 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,745,683 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,383,453 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$45,451 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,338,002 | SubtotalAmt |
| Other Decreases | $10,560 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,327,442 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 72.871 VANGUARD 500 INDEX | P | 2009-01-01 | 2014-05-28 | $10,646 | $9,656 | $990 | $990 |
| 21.025 VANGUARD 500 INDEX | P | 2014-01-01 | 2014-04-22 | $3,000 | $2,978 | $22 | $22 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,012 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $201 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $93,669 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,502,596 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.06234 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $130,797 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,230,803 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.10627 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $55,699 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,218,961 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04569 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $20,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $953,634 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.02097 | DistributionYr4Rt |
| Net Vl Noncharitable Assets Yr5 | $657,439 | NetVlNoncharitableAssetsYr5Amt |
| Total Distribution | 0.23527 | TotalDistributionRt |
| Average Distribution | 0.04706 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,823,795 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $85,819 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $85,819 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $100,076 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | 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 | HASU P SHAH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7172364400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 HERSHA DRIVE | AddressLine1 |
| City | HARRISBURG | City |
| State | PA | State |
| ZIP Code | 17102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| HASU P SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| HARSHA H SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| JAY H SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| NEIL H SHAH | ||||||
| 44 HERSHA DRIVE | HARRISBURG | PA | 17102 | Trustee | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,834,625 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $16,944 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,851,569 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,851,569 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $27,774 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,823,795 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $91,190 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $91,190 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $91,190 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $91,190 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $91,190 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $100,076 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $100,076 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $100,076 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $91,190 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $53,206 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $19,205 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $72,411 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $100,076 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $91,190 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $8,886 | RemainingDistriFromCorpusAmt |
| Total Corpus | $81,297 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $81,297 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $53,206 | ExcessFromYear2Amt |
| Excess From Year1 | $19,205 | ExcessFromYear1Amt |
| Excess From Current Year | $8,886 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HASU P SHAH | ContributingManagerNm |
| Contributing Manager | HARSHA H SHAH | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientForeignAddress/AddressLine1 | CityRecipientForeignAddress/City | Province Or StateRecipientForeignAddress/ProvinceOrState | CountryRecipientForeignAddress/Country | Postal CodeRecipientForeignAddress/PostalCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| RONAK CHARITY TRUST | ||||||||
| 27 BAUTAMNAGAR SOCIETY RACE COURSE | VADODARA | GUJARAT | IN | 39007 | N/A | NONE | TO AID IN THE ACCOMPLISHMENT OF THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $78,000 |
| RNC Free Eye Hospital | ||||||||
| Kapadia Chal | Valsad | Gujarat | IN | 396001 | N/A | NONE | TO AID IN THE ACCOMPLISHMENT OF THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $22,076 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $100,076 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $56,515 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$67,356 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,012 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX REFUND | Desc |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$9,829 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$9,829 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (5 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1 | CityContributorUSAddress/City | StateContributorUSAddress/State | ZIP CodeContributorUSAddress/ZIPCode | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| DR SANDEEP and NEETA PATEL | ||||||
| 1 | 100 CENTRAL AVENUE SUITE 200 | ST PETERSBURG | FL | 33701 | $45,000 | Yes (X) |
| JASHBHAI BHANUMATI PATEL | ||||||
| 2 | 1722 PATRICIA LANE | FLOSSMOOR | IL | 60422 | $8,000 | Yes (X) |
| JYOTIKA MINAL PATEL | ||||||
| 3 | 6015 GABLESTONE LANE | KATY | TX | 77450 | $10,000 | Yes (X) |
| MR AND MRS RAMESH K PATEL | ||||||
| 4 | 840 SW GIGI COURT 101 | LAKE CITY | FL | 32025 | $5,000 | Yes (X) |
| MR MINAL P BANTHIYA | ||||||
| 5 | 6015 GABLESTONE LANE | KATY | TX | 77450 | $5,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 1800 N 2ND STREET BLDG | 2008-12-03 | $328,000 | $37,583 | 91 | 40.0000 | $8,200 | $8,200 |
| 1721 N. Front St BLDG | 2013-12-06 | $672,417 | 91 | 40.0000 | $9,806 | $9,806 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DFSCX | $176,276 | $250,203 |
| DISVX | $75,634 | $98,718 |
| DFIVX | $100,486 | $120,449 |
| VIFSX | $462,360 | $735,572 |
| VIMSX | $81,246 | $155,844 |
| HT | $296,740 | $545,879 |
| SUSQ | $17,191 | $19,071 |
| DFECEX | $94,101 | $102,133 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| Buildings | $1,000,417 | $55,589 | $944,828 |
| Land | $487,701 | $487,701 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $1,077,597 | MortgageAmt |
Note Payable NotePayableGrp (3 entries)
| Balance DueBalanceDueAmt | Insider RelationshipInsiderRelationshipTxt | Loan OriginalLoanOriginalAmt | NoteNoteDt | Repayment TermsRepaymentTermsTxt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt |
|---|---|---|---|---|---|---|
| SUSQUEHANNA BANK | ||||||
| $377,597 | ||||||
| SUSQUEHANNA BANK | ||||||
| $700,000 | ||||||
| HERSHA CAPITAL | ||||||
| $340,644 | NONE | $175,000 | 2008-12 | UPON DEMAND | UNSECURED | INVESTMENT BUILDING |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RETURN OF CAPITAL | Description |
| Amount | $10,560 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOUNDATION FEES | $4,500 | $4,500 |
| GENERAL EXPENSES | $10,795 | $10,795 |
| INVESTMENT & BANK FEES | $145 | $145 |
| Rental Expenses | $93,774 | $93,774 |