2024-05-07T09:01:18-05:00 2023-12-31 346565596 ERNST & YOUNG US LLP 2100 E CARY ST SUITE 201 RICHMOND VA 23223 990 2023-01-01 136074609 ALSTEAD TOWN VILAS POOL ALST 8026601494 1100 NORTH MARKET STREET WILMINGTON DE 198900001 BRENT HEINTZELMAN SVP 8026601494 2024-05-02 true BRENT HEINTZELMAN true SANDRA MURPHY P01252209 8043446000 2024-05-02 2023 2023-04-26 12:10:37Z 132123 false X N/A X 1931 NY TO PRODUCE NET INCOME THAT IS PAID SEMI-ANNUALLY TO A COMMITTEE APPOINTED BY THE TOWN OF ALSTEAD. "TO BE APPLIED TO MAINTAIN THE POOLAND BUILDINGS ON THE PROPERTY ABOVE DESCRIBED (VILLAS POOL) AND TO EMPLOY NECESSARY CARETAKERS, LABOR AND MUSIC IN CONNECTION THEREWITH." 0 0 0 0 0 0 0 37426 29891 0 37426 29891 34001 11261 0 5997 5608 0 0 1065 1006 41063 17875 -3637 12016 559792 571609 0 0 559792 571609 TO PRODUCE NET INCOME THAT IS PAID SEMI-ANNUALLY TO A COMMITTEE APPOINTED BY THE TOWN OF ALSTEAD. "TO BE APPLIED TO MAINTAIN THE POOLAND BUILDINGS ON THE PROPERTY ABOVE DESCRIBED (VILLAS POOL) AND TO EMPLOY NECESSARY CARETAKERS, LABOR AND MUSIC IN CONNECTION THEREWITH." false false 17875 11261 NET INCOME IS PAID TO THE TOWN OF ALSTEAD, NH TO MAINTAIN TOWN PROPERTY (THE POOL) UNDER THE TERMS OF THE TRUST CREATED UNDER WILL. 17875 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 true 0 false false false false false false false false false false false false false X 0 0 false false false false false false false true true false false true true true true false true false true false NY X M&T BANK TRUST CORPORATION ATTN STEWART POLLAC 3026518988 1100 NORTH MARKET STREET WILMINGTON DE 19890 X PEOPLES UNITED BANK NA TRUSTEE X 0 0 0 M&T BANK TRUST CORPORATION TRUSTEE X 5608 0 0 5608 0 0 false false false 17747 17747 114376 102232 12144 12144 29891 17747 11261 11261 5608 5608 900 900 106 106 17875 11261 6614 0 15220 232 7574 24855 536998 546522 559792 571609 0 0 X 559792 571609 559792 571609 559792 571609 X 12016 -199 X false false false X X X 1 TOWN OF ALSTEAD NH 026000012 7 true 11261 0 1 11261 0 true false false false false false false false false false false false false false false true false true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SECTION E Trust operates exclusively to make distributions to the Town of Alstead, New Hampshire, to maintain and support the Alstead Town Vilas pool and property. SECTION D PART 2 AND 3 The Trust has a close connection with the Town of Alstead. In addition to being Trustsbeneficiary, the Trust has an ongoing relationship with the Town and appointed committee which includes providiing an annual statement to the organization engaging in communications and taking into account input that beneficiary may have. SCH A PART V The Trust meets the requirements set forth in Regulations Section 1.509(a)-4(i)(9)(i)-(v) as follows: (i) All the unexpired interests in the Trust are devoted to one or more purposes described in Section 170(c)(1) and (c)(2)(B) as the Trusts sole distributions are to its supported organization, a government entity, for the support and maintenance of the pool. (ii) The Trust was created SCH A PART V CONT. prior to November 20, 1970, and did not receive any grant, contribution, bequest of other transfer on or after such date. (iii) Per Part Thirteenth of the last will and testament, the Trust is required to distribute its income to the Town of Alstead, New Hampshire. This describes the charitable purposes of the trust so completely that such description can apply to only the existing SCH A PART V CONT. supported organization and is of sufficient particularity as to vest in such organization rights against theTrust enforceable in court possessing equitable powers. (iv) The trustee does not have discretion to vary either the beneficiary supported organization or the amounts payable to the supported organization. SCH A PART V CONT. (v) None of the trustees would be disqualified persons within the meaning of section 4946(a) with respect to the Trust if such Trust were treated as a private foundation. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a Due to Regulation 9 governance this trust is to be reviewed at the very least annually to ensure its compliance with the regulation and all meetings are documented. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b Each committee at the annual meeting is required to document its actions as it pertains to this trust. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW The Form 990 is prepared by the Trustee's Tax Department after consultation with the trust officer. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c This Organization is a trust having as its trustee Wilmington Trust Company. WTC is a wholly owned subsidiary of M&T Bank Corporation. M&T has a written code of business conduct and ethics to which all employees are subject. WTC Personnel are subject to that policy as well as a separate WTC conflicts of interest policy. All WTC Personnel are required to take and sign off on completion of an online course on the M&T Code of Business Conduct and Ethics Annually. FORM 990, PAGE 6, PART VI, LINE 15b The Bank as Trustee Receives Trustee Fees Determined by the governing instrument and/or state law. FORM 990, PAGE 6, PART VI, LINE 19 These documents can be located on the Investor Relations link. Financial statements, per se, are not drafted for the organization, but the form 990 itself conveys that information and is widely disseminated on the world wide web. The Governing Document of the Organization is available upon Request. FORM 990, PAGE 7, PART VII, SECTION A M&T BANK TRUST CORPORATION HOURS AS NEEDED. ANY TIME. EXPLANATION FOR FORM 990, PART XI, LINE 9 2023 Transaction Posted in 2024 _730.80/2022 Transaction Posted in 2023 - 580.38/Cost Basis Adjustment - -48.79 ROUNDING _2.71/Total to Form 990 Part XI Line 9 - -199