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Nonprofit · EIN 13-3388412

ABLE TRUST

Also known as BEDRICK MELVIN TTEE

Tax-exempt · NEW YORK, NY 10128

Financials

$124K$68K2023$16K$35K2024
Revenue Expenses · by fiscal year end
Financials of ABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$15,773$34,585-$18,812$778,803$0$778,803
December 31, 2023990-PF$124,005$68,027$55,978$797,944$0$797,944
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$15,772
Interest
$1

Expenses

Grants and similar amounts paid
$34,455
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$34,455
Excise tax on investment income
$219

Balance sheet and other

Total assets, start of year
$797,944
Total assets, end of year
$778,803
Total liabilities, end of year
$0
Net assets, end of year
$778,803
Fair market value of assets
$445,162
Qualifying distributions
$34,455
Net investment income
$15,773

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MELVIN L BEDRICK
1100 PARK AVE APT 12-D, NEW YORK, NY 10128
TRUSTEE1$0
CATHERINE CHAPMAN
C/O BEDRICK 1100 PARK AVE APT 12-D, NEW YORK, NY 10128
TRUSTEE1$0
MICHAEL BEDRICK
C/O BEDRICK 1100 PARK AVE APT 12-D, NEW YORK, NY 10128
TRUSTEE1$0
OLIVIA BROKAW
C/O BEDRICK 1100 PARK AVE APT 12-D, NEW YORK, NY 10128
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MELVIN L BEDRICK
1100 PARK AVE APT 12-D, NEW YORK, NY 10128
TRUSTEE1$0
CATHERINE O'NEILL
C/O CRAVATH 825 EIGHTH AVENUE, NEW YORK, NY 10019
TRUSTEE1$0
MICHAEL BEDRICK
C/O CRAVATH 825 EIGHTH AVENUE, NEW YORK, NY 10019
TRUSTEE1$0
OLIVIA BROKAW
C/O CRAVATH 825 EIGHTH AVENUE, NEW YORK, NY 10019
TRUSTEE1$0

Address and contacts

Address (IRS master file)
1100 PARK AVE 12-D, NEW YORK, NY 10128-1202
In care of
% BEDRICK
Signed the 990-PF
MELVIN L BEDRICK, TRUSTEE
Phone
(212) 996-0821
Return prepared by
GOLDSTEIN LIEBERMAN & CO LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-3388412
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$778,803
Income (IRS master file)
$15,773

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$15,773$34,585$778,803XML
990-PFDecember 2023$124,005$68,027$797,944XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3388412).

Questions about ABLE TRUST

What is the EIN of ABLE TRUST?
The employer identification number (EIN) of ABLE TRUST is 13-3388412.
Is ABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to ABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of ABLE TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABLE TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ABLE TRUST?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ABLE TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $15,773, expenses of $34,585 and total assets of $778,803 at year end.

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