Civic Intelligence

Chalfant Hall Foundation

990 • Fiscal year 2022 • EIN 88-0584464

Jan 18, 2022 to Jun 30, 2022 • Filed on May 15, 2023

808 Ridge AvenuePittsburgh, PA 15212

(412) 237-3124

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.61x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

1.58x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

67th percentile

$235,086

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$13,197,995

No earlier filing loaded for comparison.

Net Assets

$5,122,715

No earlier filing loaded for comparison.

Liabilities

$8,075,280

No earlier filing loaded for comparison.

Revenue

$5,122,716

No earlier filing loaded for comparison.

Expenses

$1

No earlier filing loaded for comparison.

Net Income

$5,122,715

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2022: $13,197,995Liabilities 2022: $8,075,280Net Assets 2022: $5,122,7152022Assets 2023: $13,006,487Liabilities 2023: $7,882,383Net Assets 2023: $5,124,1042023Assets 2024: $12,914,584Liabilities 2024: $7,789,777Net Assets 2024: $5,124,8072024

Highlighted filing

2022

Assets$13,197,995
Liabilities$8,075,280
Net Assets$5,122,715

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2022: $5,122,716Expenses 2022: $1Net Income 2022: $5,122,7152022Revenue 2023: $1,389Expenses 2023: $0Net Income 2023: $1,3892023Revenue 2024: $703Expenses 2024: $0Net Income 2024: $7032024

Highlighted filing

2022

Revenue$5,122,716
Expenses$1
Net Income$5,122,715
Jump To
Filing Snapshot
Filing Period
Jan 18, 2022 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$5,122,716
Mission and Program Overview

Mission

Support corporation of community college of allegheny county (ccac).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$7,288,593-
Land, Buildings, and Equipment, Net$0$5,909,304▲ $5,909,304
Prepaid Expenses and Deferred Charges-$98-
Total Assets$0$13,197,995▲ $13,197,995
Liabilities
Mortgage Notes Payable Secured by Investment Property-$7,125,000-
Accounts Payable and Accrued Expenses-$950,280-
Total Liabilities$0$8,075,280▲ $8,075,280
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$5,122,474-
Net Assets Without Donor Restrictions-$241-
Total Net Assets Fund Balance$0$5,122,715▲ $5,122,715
Total Liabilities and Net Assets / Fund Balance$0$13,197,995▲ $13,197,995

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,909,304-$5,909,304
Compensation and Service Providers

Board Members and Trustees

NameTitle
James R McmahonPresident
Anthony DitkaBoard Member
Robert SendallBoard Member
Anthony DitommasoSecretary
Brian MccloskeyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,122,474
Program Service Revenue
$0
Investment Income
$242
Other Revenue
$0
Change in Net Assets
$5,122,715

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,122,715
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,122,715
Total Revenue per Form 990
$5,122,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$1-$1
Total Functional Expenses$0$1$0$1

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1
Total Expenses per Audited Statements$1
Total Expenses per Form 990$1
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The board of directors may by resolution create one or more committees of officers, directors, and/or other persons to act in an advisory capacity to the whole board. The board of directors shall determine by resolution from time to time the name of, and the specific matters, power and authority delegated to each committee. The members and chair of each committee shall be appointed by the board of directors.

Form 990, Part VI, Section A, Line 6

Community college of allegheny county ("ccac") is the sole member.

Form 990, Part VI, Section A, Line 7A

Ccac has the reserved powers to elect or to delegate to others the authority to elect or to appoint persons to serve on the board of directors of the organization and to remove the members of the board of directors.

Form 990, Part VI, Section A, Line 7B

The following powers are expressly reserved to the board of trustees of ccac: (a) to determine or change the mission and purpose of the chalfant hall foundation (the "foundation") including the foundation's strategic direction and long-term objectives, and to monitor and maintain the philosophy of the foundation; (b) to elect or to delegate to others the authority to elect or to appoint persons to serve on the board of directors of the foundation and to remove the members of the board of directors; (c) to approve and adopt the foundation's annual operating and capital budgets; (d) to amend, alter, modify or repeal the articles of incorporation and the bylaws of the foundation; (e) to approve the creation or acquisition of any subsidiary of the corporation; (f) to approve the merger, consolidation, or transfer of governance control to any other person or entity or the sale or liquidation of substantially all of the assets of the foundation; (g) to dissolve the foundation in conformity with the articles of incorporation, these bylaws, the internal revenue code and applicable law.

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to all board members prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Organization reviews board members' relationships to vendors to determine any conflict of interest.

Form 990, Part VI, Section C, Line 18

All requested documents are available upon request.

Form 990, Part VI, Section C, Line 19

The foundation makes all organizational documents available for public inspection.

Filing and Contact Details

Filer

Filer Name
Chalfant Hall Foundation
EIN
88-0584464
Phone
4122373124
Address
808 RIDGE AVENUE, PITTSBURGH, PA 15212

Signing Officer

Name
James M Flynn Jr
Title
Treasurer
Phone
4122373124
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James R Mcmahon
Formed
2022
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
2
Employees
0
Volunteers
5

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Melanie Pantalone
Phone
4122613644
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Ccac selects the independent auditors for the consolidated financial statement audit. This process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The chalfant hall foundation is a legally separate, tax-exempt component unit of the college. The college is exempt from income taxes, except for unrelated business income, as a political subdivision under the federal income tax laws and regulations of the internal revenue code.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHALFANT HALL FOUNDATION IS A LEGALLY SEPARATE, TAX-EXEMPT COMPONENT UNIT OF THE COLLEGE. THE COLLEGE IS EXEMPT FROM INCOME TAXES, EXCEPT FOR UNRELATED BUSINESS INCOME, AS A POLITICAL SUBDIVISION UNDER THE FEDERAL INCOME TAX LAWS AND REGULATIONS OF THE INTERNAL REVENUE CODE.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt111830
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt2720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTHONY DITOMMASO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMES R MCMAHON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2BRIAN MCCLOSKEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2186169
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS MAY BY RESOLUTION CREATE ONE OR MORE COMMITTEES OF OFFICERS, DIRECTORS, AND/OR OTHER PERSONS TO ACT IN AN ADVISORY CAPACITY TO THE WHOLE BOARD. THE BOARD OF DIRECTORS SHALL DETERMINE BY RESOLUTION FROM TIME TO TIME THE NAME OF, AND THE SPECIFIC MATTERS, POWER AND AUTHORITY DELEGATED TO EACH COMMITTEE. THE MEMBERS AND CHAIR OF EACH COMMITTEE SHALL BE APPOINTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY COLLEGE OF ALLEGHENY COUNTY ("CCAC") IS THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CCAC HAS THE RESERVED POWERS TO ELECT OR TO DELEGATE TO OTHERS THE AUTHORITY TO ELECT OR TO APPOINT PERSONS TO SERVE ON THE BOARD OF DIRECTORS OF THE ORGANIZATION AND TO REMOVE THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOLLOWING POWERS ARE EXPRESSLY RESERVED TO THE BOARD OF TRUSTEES OF CCAC: (A) TO DETERMINE OR CHANGE THE MISSION AND PURPOSE OF THE CHALFANT HALL FOUNDATION (THE "FOUNDATION") INCLUDING THE FOUNDATION'S STRATEGIC DIRECTION AND LONG-TERM OBJECTIVES, AND TO MONITOR AND MAINTAIN THE PHILOSOPHY OF THE FOUNDATION; (B) TO ELECT OR TO DELEGATE TO OTHERS THE AUTHORITY TO ELECT OR TO APPOINT PERSONS TO SERVE ON THE BOARD OF DIRECTORS OF THE FOUNDATION AND TO REMOVE THE MEMBERS OF THE BOARD OF DIRECTORS; (C) TO APPROVE AND ADOPT THE FOUNDATION'S ANNUAL OPERATING AND CAPITAL BUDGETS; (D) TO AMEND, ALTER, MODIFY OR REPEAL THE ARTICLES OF INCORPORATION AND THE BYLAWS OF THE FOUNDATION; (E) TO APPROVE THE CREATION OR ACQUISITION OF ANY SUBSIDIARY OF THE CORPORATION; (F) TO APPROVE THE MERGER, CONSOLIDATION, OR TRANSFER OF GOVERNANCE CONTROL TO ANY OTHER PERSON OR ENTITY OR THE SALE OR LIQUIDATION OF SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION; (G) TO DISSOLVE THE FOUNDATION IN CONFORMITY WITH THE ARTICLES OF INCORPORATION, THESE BYLAWS, THE INTERNAL REVENUE CODE AND APPLICABLE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION REVIEWS BOARD MEMBERS' RELATIONSHIPS TO VENDORS TO DETERMINE ANY CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL REQUESTED DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE FOUNDATION MAKES ALL ORGANIZATIONAL DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CCAC SELECTS THE INDEPENDENT AUDITORS FOR THE CONSOLIDATED FINANCIAL STATEMENT AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COMMUNITY COLLEGE OF ALLEGHENY COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0256075057
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HIGHER EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0800 ALLEGHENY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PITTSBURGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd015233
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt17125000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt25122473
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0COMMUNITY COLLEGE OF ALLEGHENY COUNTY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1COMMUNITY COLLEGE OF ALLEGHENY COUNTY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2COMMUNITY COLLEGE OF ALLEGHENY COUNTY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt013197995
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt013197995
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt05122474
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt08075280
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05122715
IRS990/TotalOtherCompensationAmt0118986
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0242
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05122716
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013197995
IRS990/TotReportableCompRltdOrgAmt0490961
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0808 RIDGE AVENUE
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015212
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0HTTPS://WWW.CCAC.EDU/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00

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