Civic Intelligence

Olive Free Library Trust Ua 1030056376

990 • Fiscal year 2018 • EIN 16-6172701

Jan 01, 2018 to Dec 31, 2018 • Filed on May 07, 2019

Organization ProfileN/A
Chemung Canal Tr PO Box 1522Elmira, NY 14902

(607) 737-3896

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,431,759

Flat from 2018

Net Assets

Flat

$2,431,759

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses

Revenue

Flat

$348,509

Flat from 2018

Expenses

Flat

$95,387

Flat from 2018

Net Income

Flat

$253,122

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,886,625Liabilities 2011: $0Net Assets 2011: $1,886,6252011Assets 2012: $1,873,558Liabilities 2012: $0Net Assets 2012: $1,873,5582012Assets 2013: $1,886,029Liabilities 2013: $0Net Assets 2013: $1,886,0292013Assets 2014: $1,898,569Liabilities 2014: $0Net Assets 2014: $1,898,5692014Assets 2015: $1,946,725Liabilities 2015: $0Net Assets 2015: $1,946,7252015Assets 2016: $2,036,016Liabilities 2016: $0Net Assets 2016: $2,036,0162016Assets 2017: $2,204,101Liabilities 2017: $0Net Assets 2017: $2,204,1012017Assets 2018: $2,431,759Liabilities 2018: $0Net Assets 2018: $2,431,7592018Assets 2018: $2,431,759Liabilities 2018: $0Net Assets 2018: $2,431,7592018Assets 2019: $2,673,494Liabilities 2019: $0Net Assets 2019: $2,673,4942019Assets 2020: $2,784,903Liabilities 2020: $0Net Assets 2020: $2,784,9032020Assets 2021: $3,050,355Liabilities 2021: $0Net Assets 2021: $3,050,3552021Assets 2022: $3,100,181Liabilities 2022: $0Net Assets 2022: $3,100,1812022Assets 2023: $3,097,058Liabilities 2023: $0Net Assets 2023: $3,097,0582023Assets 2024: $3,169,533Liabilities 2024: $0Net Assets 2024: $3,169,5332024

Highlighted filing

2018

Assets$2,431,759
Liabilities$0
Net Assets$2,431,759
Open 2018 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $64,3572011Expenses 2012: $73,6512012Revenue 2013: $82,133Expenses 2013: $69,662Net Income 2013: $12,4712013Revenue 2014: $85,087Expenses 2014: $72,547Net Income 2014: $12,5402014Revenue 2015: $127,021Expenses 2015: $78,865Net Income 2015: $48,1562015Revenue 2016: $165,982Expenses 2016: $76,691Net Income 2016: $89,2912016Revenue 2017: $273,971Expenses 2017: $106,125Net Income 2017: $167,8462017Revenue 2018: $348,509Expenses 2018: $95,387Net Income 2018: $253,1222018Revenue 2018: $348,509Expenses 2018: $95,387Net Income 2018: $253,1222018Revenue 2019: $342,424Expenses 2019: $97,903Net Income 2019: $244,5212019Revenue 2020: $195,790Expenses 2020: $83,996Net Income 2020: $111,7942020Revenue 2021: $377,795Expenses 2021: $112,056Net Income 2021: $265,7392021Revenue 2022: $187,903Expenses 2022: $122,007Net Income 2022: $65,8962022Revenue 2023: $105,714Expenses 2023: $114,870Net Income 2023: -$9,1562023Revenue 2024: $213,981Expenses 2024: $140,575Net Income 2024: $73,4062024

Highlighted filing

2018

Revenue$348,509
Expenses$95,387
Net Income$253,122
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 7, 2019
Return Version
2018v3.0
Gross Receipts
$1,740,672
Mission and Program Overview

Mission

To provide funds in support and maintenance of olive free library of west shokan, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,204,101$2,431,759▲ $227,658
Investments in Publicly Traded Securities$2,136,177$2,135,048▼ $1,129
Savings and Temporary Cash Investments$67,924$296,711▲ $228,787
Total Assets$2,204,101$2,431,759▲ $227,658
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,204,101$2,431,759▲ $227,658
Total Liabilities and Net Assets / Fund Balance$2,204,101$2,431,759▲ $227,658
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Co Trustee
Donald BishopCo Trustee
Garry KvistadCo Trustee
John T MolloyCo Trustee
Sibyl GoldenCo Trustee
Sue Ann SpragueCo Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$348,509
Other Revenue
$0
Change in Net Assets
$253,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,454
Salaries, Compensation, and Employee Benefits$26,618
Other Expenses$6,315
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,454--$62,454
Current Officers, Directors, Trustees, and Key Employees$2,662$23,956-$26,618
Fees for Services Legal$5,550--$5,550
Fees for Services Other$250$515-$765
Total Functional Expenses$70,916$24,471$0$95,387
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Olive Free Library AssociationWest Shokan, NY501(c)(3)Support and Maintenance of Library Building and Programs.$62,454
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Co-trustee don bishop is a beneficary of several other trusts in which chemung canal trust company is also corporate trustee.”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“The co-trustees review account activity and transactions to ensure they were reported fairly. They also have opportunity to review the form 990 and related schedules to ensure their accuracy.”

Form 990, Page 6, Part VI, Line 19

“CONTACT TRUSTEE DIRECTLY OR VISIT NYS OFFICE OF ATTORNEY GENERAL CHARITIES BUREAU WEBSITE AT www.charitiesnys.com/registrysearch /search_charities.jsp”

Filing and Contact Details

Filer

Filer Name
Olive Free Library Trust Ua 1030056376
EIN
16-6172701
Phone
6077373896
Address
CHEMUNG CANAL TR PO BOX 1522, ELMIRA, NY 14902

Signing Officer

Name
Devin E Wandell
Title
ASS'T TREASURER
Phone
6077373896
Signed
2019-05-07
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
5
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
99 WOOD AVE SOUTH, ISELIN, NJ 08830
Preparer
Heather a Hawes
Phone
7327679100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Disallowed wash sale loss: -$8,049.67”

Explanation for Form 990, Part XI, Line 9

“Disallowed loss from wash sale ($8,050.00) + sale cost adj to book ($16,049.00) + income paid in 2019 taxed in 2018 ($2,693.00) + income paid in 2018 taxed in 2017 $1,328.00”

Raw XML Appendix332 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FUNDS IN SUPPORT AND MAINTENANCE OF OLIVE FREE LIBRARY OF WEST SHOKAN, NEW YORK.
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHEMUNG CANAL TRUST COMPANY
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0TRUST TAX DEPT
IRS990/BooksInCareOfDetail/PhoneNum06077373896
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1522
IRS990/BooksInCareOfDetail/USAddress/CityNm0ELMIRA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014902
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt023956
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt02662
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt026618
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt062454
IRS990/CYInvestmentIncomeAmt0348509
IRS990/CYOtherExpensesAmt06315
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0253122
IRS990/CYSalariesCompEmpBnftPaidAmt026618
IRS990/CYTotalExpensesAmt095387
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0348509
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0FUNDS PAID TO OLIVE FREE LIBRARY FOR GENERAL SUPPORT AND MAINTENANCE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt070916
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05550
IRS990/FeesForServicesLegalGrp/TotalAmt05550
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0515
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0250
IRS990/FeesForServicesOtherGrp/TotalAmt0765
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt58.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0CHEMUNG CANAL TRUST COMPANY
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine2Txt0TRUST TAX DEPT
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DONALD BISHOP
IRS990/Form990PartVIISectionAGrp/PersonNm1GARRY KVISTAD
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN T MOLLOY
IRS990/Form990PartVIISectionAGrp/PersonNm3SUE ANN SPRAGUE
IRS990/Form990PartVIISectionAGrp/PersonNm4SIBYL GOLDEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2CO TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CO TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5CO TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0256138
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt062454
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt062454
IRS990/GrantsToDomesticOrgsGrp/TotalAmt062454
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01648301
IRS990/GrossReceiptsAmt01740672
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt092371
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt092371
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02136177
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02135048
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01392163
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FUNDS IN SUPPORT AND MAINTENANCE OF OLIVE FREE LIBRARY OF WEST SHOKAN, NEW YORK.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02204101
IRS990/NetAssetsOrFundBalancesEOYAmt02431759
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0256138
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0256138
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-25464
IRS990/OtherExpensesGrp/Desc0TAX PREPARATION FEE
IRS990/OtherExpensesGrp/Desc1NYS EPTL FILING FEE
IRS990/OtherExpensesGrp/Desc2FOREIGN TAX W/H
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0CHEMUNG CANAL TR CO
IRS990/PrincipalOfcrBusinessName/BusinessNameLine2Txt0TRUST TAX DEPT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt080867
IRS990/PYInvestmentIncomeAmt0273971
IRS990/PYOtherExpensesAmt0567
IRS990/PYRevenuesLessExpensesAmt0167846
IRS990/PYSalariesCompEmpBnftPaidAmt024691
IRS990/PYTotalExpensesAmt0106125
IRS990/PYTotalRevenueAmt0273971
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0253122
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02204101
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02431759
IRS990/SavingsAndTempCashInvstGrp/BOYAmt067924
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0296711
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237209065
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt062454
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OLIVE FREE LIBRARY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt062454
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt062454
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT AND MAINTENANCE OF LIBRARY BUILDING AND PROGRAMS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OLIVE FREE LIBRARY ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0237209065
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04033 ROUTE 28A
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WEST SHOKAN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd012494
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0NO FORMAL MONITORING OF THE USE OF GRANT FUNDS AS THE ORGANIZATION DOES NOT RECEIVE FEDERAL GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DISALLOWED WASH SALE LOSS: -$8,049.67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CO-TRUSTEE DON BISHOP IS A BENEFICARY OF SEVERAL OTHER TRUSTS IN WHICH CHEMUNG CANAL TRUST COMPANY IS ALSO CORPORATE TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CO-TRUSTEES REVIEW ACCOUNT ACTIVITY AND TRANSACTIONS TO ENSURE THEY WERE REPORTED FAIRLY. THEY ALSO HAVE OPPORTUNITY TO REVIEW THE FORM 990 AND RELATED SCHEDULES TO ENSURE THEIR ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTACT TRUSTEE DIRECTLY OR VISIT NYS OFFICE OF ATTORNEY GENERAL CHARITIES BUREAU WEBSITE AT www.charitiesnys.com/registrysearch /search_charities.jsp
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISALLOWED LOSS FROM WASH SALE ($8,050.00) + SALE COST ADJ TO BOOK ($16,049.00) + INCOME PAID IN 2019 TAXED IN 2018 ($2,693.00) + INCOME PAID IN 2018 TAXED IN 2017 $1,328.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02204101
IRS990/TotalAssetsEOYAmt02431759
IRS990/TotalAssetsGrp/BOYAmt02204101
IRS990/TotalAssetsGrp/EOYAmt02431759
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024471
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt070916
IRS990/TotalFunctionalExpensesGrp/TotalAmt095387
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02204101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02431759
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt070916
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0348509
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348509
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02204101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02431759
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1522
IRS990/USAddress/CityNm0ELMIRA
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014902
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEVIN E WANDELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASS'T TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06077373896
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLIVE FREE LIBRARY TRUST UA 1030056376
ReturnHeader/Filer/BusinessNameControlTxt0OLIV
ReturnHeader/Filer/EIN0166172701
ReturnHeader/Filer/PhoneNum06077373896
ReturnHeader/Filer/USAddress/AddressLine1Txt0CHEMUNG CANAL TR PO BOX 1522
ReturnHeader/Filer/USAddress/CityNm0ELMIRA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014902
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08B1F9829E4DDF2C21EC5CA4E9C18A50453BC188B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C067791168084C2AD5E260742FA0C8FBC45B0339
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0192.168.85.1
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt099 WOOD AVE SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ISELIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008830
ReturnHeader/PreparerPersonGrp/PhoneNum07327679100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER A HAWES
ReturnHeader/ReturnTs02019-05-09T11:01:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,431,759
Liabilities
$0
Net assets
$2,431,759
Revenue
$348,509
Expenses
$95,387
Net income
$253,122
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$0.21$0.14$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.11$0.11$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.19$0.12$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$0.38$0.11$0.27
2020Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$0.20$0.08$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$0.34$0.10$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.35$0.10$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.35$0.10$0.25
2017Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.27$0.11$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.17$0.08$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.13$0.08$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.09$0.07$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.08$0.07$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.00$1.87$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.00$1.89$0.06