Historic Red Hook FY2021 filing

Tax-deductible

Red Hook, NY501(c)(3)EIN 14-1664696

Preserves documents and artifacts

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$25K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $30K a year · 21% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$25K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $14K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$35K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$160K
-21% vs prior year
Spent
$111K
To programs
69%
Net assets
$723K
By yearFY2020–FY2024
Revenue
$160K
FY2021▼ -21%
Revenue by fiscal year
FY2020$201K
FY2021$160K
FY2022$128K
FY2023$98K
FY2024$129K
Expenses
$111K
FY2021▲ +42%
Expenses by fiscal year
FY2020$78K
FY2021$111K
FY2022$112K
FY2023$123K
FY2024$144K
Net assets
$723K
FY2021▲ +11%
Net assets by fiscal year
FY2020$650K
FY2021$723K
FY2022$707K
FY2023$700K
FY2024$698K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $76K Management & general 25% · $28K Fundraising 6% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990; $25K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$25,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elisabeth Tatum$32,500$30,000$27,500$25,000$22,657

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Historic Red Hook executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves historical documents and artifacts for future generations.

Provided by the organization

This section is blank until Historic Red Hook claims this page.

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1 program service account for $76K of program spending, described in the organization's own filed words · FY2021.
01

Our mission is to engage the community in conversations about red hook's unfolding story. We do this by collecting, preserving and promoting red hook's history, maintaining the historic elmendorph inn as a community center, creating dynamic public programs and partnering with community ORGANIZATIONS.OUR archives room on tuesdays to find…

$76Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$14K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$160K
Ln 12
Gifts and grantsLn 1h$115K
Other incomeLn 4–11$36K
Investment incomeLn 3$6K
Money outPt IX
$111K
Ln 25
Programscol B$76K
Managementcol C$28K
Fundraisingcol D$6K
Owns and owesPt X
$723K
net assets · Ln 32
Cash and savingsLn 1–2$116K
Total assetsLn 16$758K
LiabilitiesLn 26$35K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$115K
Fees for servicesLn 2g$3K
Investment incomeLn 3$6K
Other incomeLn 4–11$36K
Total revenueLn 12$160K
Assets in detailPt X, end of year
CashLn 1$116K
Cash and savings togetherLn 1–2$116K
InvestmentsLn 11–13$176K
Land, buildings, equipmentLn 10c$466K
Total assetsLn 16$758K
LiabilitiesLn 26$35K
Net assetsLn 32$723K
OperationsPt I, VI
EmployeesI 50
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$164K$116K
InvestmentsLn 11–13$72K$176K
Land, buildings, equipmentLn 10c$488K$466K
Total assetsLn 16$723K$758K
LiabilitiesLn 26$73K$35K
Net assetsLn 32$650K$723K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$25K$15K$8K$2K
Other employee benefitsLn 9$461$277$138$46
Payroll taxesLn 10$2K$1K$719$239
Accounting feesLn 11c$875$875
Investment management feesLn 11f$297$297
Advertising and promotionLn 12$770$770
Office expensesLn 13$7K$7K
OccupancyLn 16$28K$17K$8K$3K
InterestLn 20$724$724
Depreciation, depletion and amortizationLn 22$18K$18K
Other expenses (24a–d)Ln 24$27K$24K$3K
Total functional expensesLn 25$111K$76K$28K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $129K$144K−$15K$698K 990 PDF
FY2023 $98K$123K−$25K$700K 990 PDF
FY2022 $128K$112K$16K$707K 990 PDF
FY2021 Viewing $160K$111K$49K$723K 990 PDF
FY2020 $201K$78K$124K$650K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $159,653 across 7 lines filed
Lines not itemized here account for −$51 of total revenue; see the IRS return.
VIII-1b Membership dues$7,913
VIII-1f All other contributions, gifts and grants$107,342
VIII-1h Total contributions, gifts and grants$115,255
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,715$2,715
VIII-3 Investment incomeExcluded from tax $5,506$5,506
VIII-6 Net rental income or lossUnrelated business $4,350 · Excluded from tax $31,878$36,228
VIII-12 Total revenueRelated to mission $2,664 · Unrelated business $4,350 · Excluded from tax $37,384$159,653
Part IX · Statement of functional expenses $110,631 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $15,000 · Management $7,500 · Fundraising $2,500$25,000
IX-9 Other employee benefitsPrograms $277 · Management $138 · Fundraising $46$461
IX-10 Payroll taxesPrograms $1,438 · Management $719 · Fundraising $239$2,396
IX-11c Accounting feesManagement $875$875
IX-11f Investment management feesManagement $297$297
IX-12 Advertising and promotionFundraising $770$770
IX-13 Office expensesManagement $7,105$7,105
IX-16 OccupancyPrograms $16,692 · Management $8,346 · Fundraising $2,782$27,820
IX-20 InterestPrograms $724$724
IX-22 Depreciation, depletion and amortizationPrograms $17,825$17,825
IX-24 Other expenses (24a–d)Programs $24,478 · Management $2,880$27,358
IX-25 Total functional expensesPrograms $76,434 · Management $27,860 · Fundraising $6,337$110,631
Part X · Balance sheet $758,193 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $163,820$116,148
X-10c Land, buildings and equipment, netStart of year $487,631$466,488
X-11 Publicly traded securitiesStart of year $71,965$175,557
X-16 Total assetsStart of year $723,416$758,193
X-17 Accounts payable and accrued expenses$673
X-25 Other liabilitiesStart of year $5,929$5,929
X-26 Total liabilitiesStart of year $73,237$35,378
X-27 Net assets without donor restrictionsStart of year $650,179$722,815
X-32 Total net assets or fund balancesStart of year $650,179$722,815
X-33 Total liabilities and net assetsStart of year $723,416$758,193
Part XI · Reconciliation of net assets $722,815 net assets at year end
XI-1 Total revenue$159,653
XI-2 Total expenses$110,631
XI-3 Revenue less expenses$49,022
XI-4 Net assets at start of year$650,179
XI-5 Net unrealized gains (losses) on investments$23,614
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$722,815

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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