CLC FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CLC FOUNDATION INC (EIN 13-3676239)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-15
IRS object ID: 201331359349307348
Schema version: 2012v2.1
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
Schedule A
Schedule C
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-15T16:49:32-04:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Kerry Molloy CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	95 Croton Avenue	AddressLine1
City	Ossining	City
State	NY	State
ZIP Code	10562	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	133676239	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CLC Foundation Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CLCF	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	600 Bedford Road	AddressLine1
City	Mount Kisco	City
State	NY	State
ZIP Code	10549	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	John Signorelli	Name
Title	Executive Direc	Title
Phone	9142412076	Phone
Date Signed	2013-05-15	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Kerry Molloy	Name
PTIN	P00534930	PTIN
Phone	9149440415	Phone
Date Prepared	2013-05-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	George Moskowitz	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	40 Lake Marial Lane	AddressLine1
City	Bedford Hills	City
State	NY	State
ZIP Code	10507	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	392615	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	communityliving.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1990	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	To provide financial services and other forms of assistance to people with disabilities.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	5	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	13428	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	406514	ProgramServiceRevenuePriorYear
Program Service Revenue CY	392587	ProgramServiceRevenueCY
Investment Income Prior Year	3415	InvestmentIncomePriorYear
Investment Income Current Year	28	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	423357	TotalRevenuePriorYear
Total Revenue Current Year	392615	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	7920	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	6580	BenefitsPaidToMembersCY
Salaries Etc Prior Year	130200	SalariesEtcPriorYear
Salaries Etc Current Year	267717	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	77298	TotalFundrsngExpCurrentYear
Other Expense Prior Year	260967	OtherExpensePriorYear
Other Expenses Current Year	141594	OtherExpensesCurrentYear
Total Expenses Prior Year	399087	TotalExpensesPriorYear
Total Expenses Current Year	415891	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	24270	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-23276	RevenuesLessExpensesCY
Total Assets BOY	206523	TotalAssetsBOY
Total Assets EOY	201667	TotalAssetsEOY
Total Liabilities BOY	8182	TotalLiabilitiesBOY
Total Liabilities EOY	26602	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	198341	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	175065	NetAssetsOrFundBalancesEOY
Mission Description	To provide financial services and other forms of assistance to people with disabilities.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	206412	Expense
Revenue	392569	Revenue
Description	To provide financial services and other forms of assistance to people with disabilities.	Description
Total Program Service Expense	206412	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	18	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	5	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	John Signorelli	NamePerson
Telephone Number	9142412076	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	600 Bedford Street	AddressLine1
City	Mount Kisco	City
State	NY	State
ZIP Code	10549	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA

Field	Value	IRS element (for citing)
Name Person	George Moskowitz	NamePerson
Title	Treasurer	Title
Average Hours Per Week	10.00	AverageHoursPerWeek
Officer	X	Officer
Reportable Comp From Organization	0	ReportableCompFromOrganization
Reportable Comp From Related Orgs	0	ReportableCompFromRelatedOrgs
Other Compensation	0	OtherCompensation

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Fund Raising	900001	37900	37900
Trust Admin Fees	525920	273107	273107
Tuition	611600
Reimbursement	900099	38626	38626

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	42954	TotalRevenueColumn
Related Or Exempt Function Income	42954	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	392587	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	28	TotalRevenueColumn
Related Or Exempt Function Income	28	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	392615	TotalRevenueColumn
Related Or Exempt Function Income	392615	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	6580	Total
Program Services	6580	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	101870	Total
Program Services	40748	ProgramServices
Management And General	40748	ManagementAndGeneral
Fundraising	20374	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	124152	Total
Program Services	49661	ProgramServices
Management And General	49661	ManagementAndGeneral
Fundraising	24830	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	20060	Total
Program Services	8024	ProgramServices
Management And General	8024	ManagementAndGeneral
Fundraising	4012	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	21635	Total
Program Services	8654	ProgramServices
Management And General	8654	ManagementAndGeneral
Fundraising	4327	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7500	Total
Management And General	7500	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	12568	Total
Management And General	12568	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1361	Total
Management And General	1361	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	4080	Total
Program Services	4080	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	349	Total
Management And General	349	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Trust Administration Expense	37358	37358
Telephone	8620	6034	1724	862
Choral Group Expense	3886	3886
Outside Services	37830	37830

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	28042	Total
Program Services	3557	ProgramServices
Management And General	1592	ManagementAndGeneral
Fundraising	22893	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	415891	Total
Program Services	206412	ProgramServices
Management And General	132181	ManagementAndGeneral
Fundraising	77298	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	98373	BOY
EOY	98359	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	49160	BOY
EOY	53019	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	11152	BOY
EOY	2799	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	64640	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	17150	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	47838	BOY
EOY	47490	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	206523	BOY
EOY	201667	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	8182	BOY
EOY	26602	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	8182	BOY
EOY	26602	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	198341	BOY
EOY	175065	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	198341	BOY
EOY	175065	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	206523	BOY
EOY	201667	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-23276	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	29793	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	20002	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	14393	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13428	CurrentTaxYearMinus1Year
Current Tax Year	14051	CurrentTaxYear
Total	91667	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	29793	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	20002	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	14393	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13428	CurrentTaxYearMinus1Year
Current Tax Year	14051	CurrentTaxYear
Total	91667	Total

Field	Value	IRS element (for citing)
Public Support Total509	91667	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1942	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1075	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	760	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3415	CurrentTaxYearMinus1Year
Current Tax Year	28	CurrentTaxYear
Total	7220	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1942	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1075	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	760	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3415	CurrentTaxYearMinus1Year
Current Tax Year	28	CurrentTaxYear
Total	7220	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	31735	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	21077	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	15153	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	16843	CurrentTaxYearMinus1Year
Current Tax Year	14079	CurrentTaxYear
Total	98887	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.92700	PublicSupportPercentage509
Prior Year Support Percentage	0.92440	PriorYearSupportPercentage
Investment Income Percentage	0.07300	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.07560	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule C IRS990ScheduleC

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	48000	InvestmentCostOrOtherBasis
Book Value	48000	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	16640	InvestmentCostOrOtherBasis
Depreciation	17150	Depreciation
Book Value	-510	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	47490	TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt	392615	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	392615	RevenueSubtotal
Total Revenue Per Form990	392615	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	415891	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	415891	ExpensesSubtotal
Total Expenses Per Form990	415891	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Governing body meeting documentation Part VI line 8a	Available upon request.
O02	Committee meeting documentation Part VI line 8b	Available upon request.
O03	Form 990 governing body review Part VI line 11	Governing body review is regularly performed.
O04	CEO executive director top management comp Part VI line 15a	Compensation is determined based upon review and approval by independent persons.
O05	Other officer or key employee compensation Part VI line 15b	Compensation for key employees is based on review and approval by independent persons.
O06	Governing documents etc available to public Part VI line 19	Available upon request.
O07	Explanation of other changes in net assets or fund balances Part XI line 9	Unrealized loss on investments.