STRATEGY STUDIO / PUBLIC DATA EXPLORER

CHICAGO FREEDOM TRUST: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
CHICAGO FREEDOM TRUST (EIN 26-4123223)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-06-26
IRS object ID
201531779349100508
Schema version
2014v5.0
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)
Return2015-06-26T13:06:04-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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 Line1C/O JOHN BALL 201 S MAIN STAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP841112218ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBARRE SEIDPersonNm
Person TitleTRUSTEE/CHAIRMANPersonTitleTxt
Phone7738691357PhoneNum
Signature2015-06-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID HAFFTPreparerPersonNm
Phone8479138006PhoneNum
Preparation2015-06-26PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$23,835FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$2,000OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$2,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$450LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$400AccountingFeesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$974TravConfMeetingRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,824TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$18,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$18,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,824TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$18,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$17,824ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$41,659CashBOYAmt
Cash EOY$23,835CashEOYAmt
Cash EOYFMV$23,835CashEOYFMVAmt
Total Assets BOY$41,659TotalAssetsBOYAmt
Total Assets EOY$23,835TotalAssetsEOYAmt
Total Assets EOYFMV$23,835TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$41,659RetainedEarningBOYAmt
Retained Earning EOY$23,835RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$41,659TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$23,835TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$41,659TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$23,835TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$41,659TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$17,824ExcessRevenueOverExpensesAmt
Subtotal$23,835SubtotalAmt
Tot Net Ast Or Fund Balances EOY$23,835TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$16,000AdjustedQlfyDistriYr1Amt
Distribution Yr10.000000DistributionYr1Rt
Adjusted Qlfy Distri Yr2$7,140AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$63,499NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.112443DistributionYr2Rt
Adjusted Qlfy Distri Yr3$6,765AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$69,724NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.097025DistributionYr3Rt
Adjusted Qlfy Distri Yr4$13,809AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$82,805NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.166765DistributionYr4Rt
Adjusted Qlfy Distri Yr5$10,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$43,628NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.229211DistributionYr5Rt
Total Distribution0.605444TotalDistributionRt
Average Distribution0.121089AverageDistributionRt
Net Vl Noncharitable Assets$38,926NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$4,714AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$4,714AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$18,000QualifyingDistributionsAmt

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 ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOHN BALLIndividualWithBooksNm
Phone7738691357PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1201 S MAIN STAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP841112218ZIPCd
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
BARRE SEID
1111 W 35TH STCHICAGOIL60609CHAIRMAN/TRUSTEE0.50$0$0$0
TRACIE SLOAT SHARP
PO BOX 5208RICHMONDCA94805CO-TRUSTEE0.50$0$0$0
WHITNEY BALL
PO BOX 1305ALEXANDRIAVA22314CO-TRUSTEE0.50$0$0$0
ADAM MEYERSON
115 17TH ST NWWASHINGTONDC20036CO-TRUSTEE0.50$0$0$0
LEONARD LEO
1015 18TH ST NW 425WASHINGTONDC20036VICE-CHAIRMAN/CO-TRU0.50$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$39,519AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$39,519TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$39,519AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$593CashDeemedCharitableAmt
Net Vl Noncharitable Assets$38,926NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,946MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,946MinimumInvestmentReturnAmt
Distributable Before Adj$1,946DistributableBeforeAdjAmt
Distributable Before Ded$1,946DistributableBeforeDedAmt
Distributable As Adjusted$1,946DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$18,000ExpensesAndContributionsAmt
Qualifying Distributions$18,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$18,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,946DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,242ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$9,669ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,279ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,965ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$16,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$34,155TotalExcessDistributionCyovAmt
Qualifying Distributions$18,000QualifyingDistributionsAmt
Remaining Distri From Corpus$18,000RemainingDistriFromCorpusAmt
Total Corpus$52,155TotalCorpusAmt
Undistributed Income CY$1,946UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,242ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$50,913ExcessDistriCyovToNextYrAmt
Excess From Year4$9,669ExcessFromYear4Amt
Excess From Year3$3,279ExcessFromYear3Amt
Excess From Year2$3,965ExcessFromYear2Amt
Excess From Year1$16,000ExcessFromYear1Amt
Excess From Current Year$18,000ExcessFromCurrentYearAmt

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
HOPE TECHNOLOGY SCHOOL
2525 E BAYSHORE RDPALO ALTOCA94303publicSCHOOL GRANT$2,000
MEALS ON WHEELS OF CONTRA COSTS
PO BOX 3195MARTINEZCA94553publicFOOD FOR HOMEBOUND$2,000
LYCEUM MUSIC FESTIVAL
736 N 1100 STAMERICAN FORKUT84003publicSUPPORT THE ARTS$4,000
CORNERSTONE SCHOOLS OF WASH DC
3742 ELY PLWASHINGTONDC20019publicSCHOOL GRANT$2,000
OAKCREST SCHOOL
850 BALLS HILL RDMCLEANVA22101publicSCHOOL GRANT$2,000
FISHER HOUSE FOUNDATION
111 ROCKVILLE PIKEROCKVILLEMD20850publicAID TO MILITARYFAMILIES$2,000
CHICAGO HOPE ACADEMY
2189 W BOWLER STCHICAGOIL60612publicSCHOOL GRANT$2,000
NEW LIFE HOME FOR WOMEN & CHILDREN
782 RIVER RDMANCHESTERNH03104PUBLICWITH SUBSTANCESUPPORT FOR WOMENABUSE PROBLEMS$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$18,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Related Or Exempt Function Incm$2,000RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,000RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,000TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number11LineNumberTxt
Relationship StatementVOIDED CHECK FROM 2013RelationshipStatementTxt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryDAVID HAFFT & CO LTD TAX RETURN PREPCategoryTxt
Amt$400Amt

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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryARONBERG GOLDGEHN DAVIS & GARMISA LEGAL FEESCategoryTxt
Legal Fees$450LegalFeesAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Revenue And Expenses Per Books$2,000RevenueAndExpensesPerBooksAmt