Silo Ridge Community Foundation Tax is located in Amenia, NY. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silo Ridge Community Foundation Tax is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING ORGANIZATION FOR AMENIA WASSAIC COMMUNITY ORGANIZATION AND OTHER LOCAL ORGANIZATIONS BRINGING CONSERVATION, VETERANS, ARTS, EDUCATION AND CULTURAL OPPORTUNITIES TO ALL AGES IN OUR COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR LOCAL ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pedro D Torres Jr President | Trustee | 3 | $0 |
Juan Torres Treasurer | Trustee | 2.5 | $0 |
Steve Adelson Board Member | Trustee | 2.5 | $0 |
Jamie Vitiello Vice President | Trustee | 2.5 | $0 |
David Broser Secretary | Trustee | 2.5 | $0 |
Danielle M Mollica Executive Director | Officer | 25 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,500 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $960 |
| Fees for services: Accounting | $3,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,750 |
| Advertising and promotion | $0 |
| Office expenses | $1,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,227 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,005 |
| Total assets | $50,832 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $50,832 |
| Total liabilities and net assets/fund balances | $50,832 |
Over the last fiscal year, Silo Ridge Community Foundation Tax has awarded $288,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
QUAHOG BAY CONSERVANCY PURPOSE: TO SUPPORT ENVIRONMENT AND ECOSYSTEM OF THE QUAHOG BAY | $10,000 |
AMENIA-WASSAIC COMMUNITY ORGANIZATION INC PURPOSE: $230,000 TO SUPPORT FAMILY FRIENDLY COMMUNITY EVENT(RODEO) RAISING FUNDS FOR DISTRIBUTION INTO THE LOCAL COMMUNITY; $36,500 FOR OPERATING EXPENSES; $12,000 FOR COMMUNITY EVENT(FIREWORKS) | $278,500 |