Young Mens Institute Library in New Haven, Connecticut (CT)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Connecticut
Young Mens Institute Library | |
Employer Identification Number (EIN) | 060646756 |
Name of Organization | Young Mens Institute Library |
In Care of Name | New Haven Savings Bank Trust Dept |
Address | 847 Chapel St, New Haven, CT 06510-3001 |
Activities | Fundraising |
Subsection | Charitable Organization |
Ruling Date | 01/1972 |
Deductibility | Contributions are deductible |
Foundation | Private operating foundation exempt from paying excise taxes on investment income |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 09/2013 |
Assets | $500,000 to $999,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $893,750 |
Amount of Income | $212,425 |
Form 990 Revenue Amount | $71,210 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
Analysis of Revenue and Expenses (for 2012) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $91,563 | $39,384 | $58,027 | |
Contributions, gifts, grants, etc., received | $47,991 | |||
Interest on savings and temporary cash investments | $0 | |||
Dividends and interest from securities | $4,775 | |||
Gross rents | $34,609 | |||
Gross profit from sales of goods | $0 | |||
Other income | $18,641 | |||
Total expenses and disbursements | $201,091 | $19,292 | $22,590 | $178,501 |
Compensation of officers, directors, trustees, etc. | $47,500 | |||
Total operating and administrative expenses | $201,091 | $19,292 | $178,501 | |
Contributions, gifts, grants paid | $0 | |||
Excess of revenue over expenses and disbursements | $-109,528 | |||
Net investment income | $20,092 | |||
Adjusted net income | $35,437 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $967,558 | $964,864 |
Cash - non-interest-bearing | $22,788 | |
Investments-U.S. and state government obligations | $4,000 | |
Investments-corporate stock | $362,877 | |
Investments-corporate bonds | $0 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Other | $577,893 | |
Total liabilities | $2,435 | |
Mortgages and other notes payable | $0 | |
Other | $2,435 | |
Total liabilities and net assets/fund balances | $965,123 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $0 |
Net capital loss | $-14,453 |
Excise Tax Based on Investment Income (for 2012) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $0 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
Statements Regarding Activities (for 2012) | |
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | Yes |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
During the year did the foundation (either directly or indirectly): | |
Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
Agree to pay money or property to a government official? | No |
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
During the year did the foundation pay or incur any amount to: | |
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
Provide a grant to an individual for travel, study, or other similar purposes? | No |
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
Minimum Investment Return (for 2012) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $757,681 |
Net value of noncharitable-use assets | $746,320 |
Minimum investment return | $37,316 |
Distributable Amount (for 2012) | |
Distributable amount | $0 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $0 |
Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
Private Operating Foundations (for 2012) | |||||
2012 | 2011 | 2010 | 2009 | Total | |
---|---|---|---|---|---|
The lesser of the adjusted net income or the minimum investment return | $35,437 | $18,161 | $5,926 | $20,843 | $80,367 |
Qualifying distributions made directly for active conduct of exempt activities | $178,501 | $129,592 | $80,751 | $87,970 | $476,814 |
Value of all assets | $1 | $0 | $0 | $0 | $1 |
Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
2/3 of minimum investment return | $24,877 | $28,039 | $28,069 | $27,273 | $108,258 |
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
Gross investment income | $0 | $0 | $0 | $0 | $0 |
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Other organizations in Connecticut | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Yankee Tango Foundation | 31 Father Peters Ln, New Canaan, CT 06840-2215 | CT | 2009-03 | $1 |
2 | Yes Grace Rocks Inc, Yes Grace Rocks | 373b Heritage Vlg, Southbury, CT 06488-3794 | CT | 2011-01 | $8,257 |
3 | Yeshiva Gedolah Rabbinical | 14 Farwell St, West Haven, CT 06516-1717 | CT | 1977-03 | $1,714,808 |
4 | Yeshiva Of New Haven Inc | 765 Elm St, New Haven, CT 06511-4019 | CT | 1979-05 | $560,588 |
5 | Young Artists Philharmonic Inc | PO BOX 3301, Stamford, CT 06905-7812 | CT | 1973-01 | $165,434 |
6 | Young Audiences Of Connecticut | 3074 Whitney Avenue, Hamden, CT 06518-2391 | CT | 1981-02 | $810,259 |
7 | Young Mariners Foundation Inc | 1 Southfield Ave Apt 102, Stamford, CT 06902-7239 | CT | 2000-03 | $439,311 |
8 | Young Mens Christian Association Incorporated, Wallingford Ymca | 81 S Elm St, Wallingford, CT 06492-4703 | CT | 1968-03 | $4,287,202 |
9 | Young Mens Christian Association Naugatuck | 284 Church St, Naugatuck, CT 06770-4122 | CT | 1942-08 | $1,639,747 |
10 | Young Mens Christian Association Of Meriden Ct | 110 W Main St, Meriden, CT 06451-4142 | CT | 1934-03 | $7,182,399 |
11 | Young Mens Institute Library | 847 Chapel St, New Haven, CT 06510-3001 | CT | 1972-01 | $212,425 |
12 | Young Womens Christian Association New Britain | PO BOX 2545, New Britain, CT 06050-2545 | CT | 1942-07 | $5,732,287 |
13 | Young Womens Christian Association Of Greenwich Ct | 259 E Putnam Ave, Greenwich, CT 06830-4808 | CT | 1943-01 | $17,809,632 |
14 | Young Womens Christian Association Of The Hartford Region Inc | 135 Broad Street, Hartford, CT 06105-3718 | CT | 1969-04 | $5,379,977 |
15 | Young Womens League Of New Canaan | PO BOX 981, New Cannan, CT 06840-0981 | CT | 1978-06 | $157,952 |
16 | Youth & Family Services Of Haddam- Killingworth Inc | PO BOX 432, Higganum, CT 06441-0432 | CT | 1993-12 | $469,107 |
17 | Youth Continuum Inc | 141 Valley St, New Haven, CT 06515-1211 | CT | 1968-11 | $6,976,334 |
18 | William And Katherine Georgas Family Foundation, William J Georgas Ttee | 396 Round Hill Rd, Greenwich, CT 06831-2637 | CT | 2009-01 | $52,065 |
19 | Wellesley College Alumnae Assoc, Fairfield Villages Wellesley Club | 209 Good Hill Road, Weston, CT 06883 | CT | 1972-05 | $5,000 |
20 | Wellesley College Alumnae Assoc, Hartford Wellesley Club | 16 Kilmer Ln, Granby, CT 06035 | CT | 1972-09 | $475 |
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