Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
Northwest Community Bank Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)86 Main Street
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Winsted, CT06098
A Employer identification number

87-2625371
B Telephone number (see instructions)

(860) 379-7561
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,055,016
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 204,886
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 13,283 13,283  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 218,169 13,283  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 664 0   664
b Accounting fees (attach schedule)....... 1,900 950   950
c Other professional fees (attach schedule).... 1,260 1,260   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 135 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,364 0   1,364
21 Travel, conferences, and meetings....... 2,666 0   2,666
22 Printing and publications.......... 516 0   516
23 Other expenses (attach schedule)....... 14,054 0   14,054
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,559 2,210   20,214
25 Contributions, gifts, grants paid....... 204,491 204,491
26 Total expenses and disbursements. Add lines 24 and 25 227,050 2,210   224,705
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,881
b Net investment income (if negative, enter -0-) 11,073
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 34,963 30,081 30,081
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 997,371 Click to see attachment
List of Attached Documents:
// Content
1,024,935
1,024,935
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,032,334 1,055,016 1,055,016
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,032,334 1,055,016
29 Total net assets or fund balances (see instructions)..... 1,032,334 1,055,016
30 Total liabilities and net assets/fund balances (see instructions). 1,032,334 1,055,016
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,032,334
2
Enter amount from Part I, line 27a .....................
2
-8,881
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
31,563
4
Add lines 1, 2, and 3 ..........................
4
1,055,016
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,055,016
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 154
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 154
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 154
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 154
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowhttps://nwcommunitybank.com/foundation/
14
The books are in care ofright arrowThe Organization Telephone no.right arrow (860) 379-7561

Located atright arrow86 Main StreetWinstedCT ZIP+4right arrow06098
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Susan Atkins Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Jessica Bragg Director (start 12/24)
1.00
0 0 0
86 Main Street
Winsted,CT06098
Jane B Hinkel Director
1.00
0 0 0
86 Main Street
Winsted,CA06098
Charles Joseph Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Lori Riiska Director (end 12/24)
1.00
0 0 0
86 Main Street
Winsted,CT06098
William J Shea II Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Kevin Sullivan Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Raimie Weber Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Alan Colavecchio Chair/Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Brian McCormick Vice-Chair/Director
1.00
0 0 0
86 Main Street
Winsted,CT06098
Paul McLaughlin President (end 4/24)
1.00
0 0 0
86 Main Street
Winsted,CT06098
Maura Malo V. Pres./Treas.(end 8/24)/President
1.00
0 0 0
86 Main Street
Winsted,CT06098
Leslie Black Treasurer (end 2/24)
1.00
0 0 0
86 Main Street
Winsted,CT06098
Andre Motulski Treasurer (start 8/24)
1.00
0 0 0
86 Main Street
Winsted,CT06098
Lisa Partrick Secretary
1.00
0 0 0
86 Main Street
Winsted,CT06098
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
991,622
b
Average of monthly cash balances.......................
1b
42,485
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,034,107
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,034,107
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
15,512
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,018,595
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
50,930
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
50,930
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
154
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
154
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
50,776
4
Recoveries of amounts treated as qualifying distributions................
4
4,000
5
Add lines 3 and 4............................
5
54,776
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
54,776
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
224,705
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
224,705
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 54,776
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 361,328
e From 2023...... 284,976
f Total of lines 3a through e ........ 646,304
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 224,705
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 54,776
e Remaining amount distributed out of corpus 169,929
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 816,233
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
816,233
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 361,328
d Excess from 2023.... 284,976
e Excess from 2024.... 169,929
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Lisa Partrick Community Relations O
86 Main Street
Winsted,CT06098
(860) 393-9172
Foundation@nwcommunitybank.com
bThe form in which applications should be submitted and information and materials they should include:
Please visit the website for complete instructions on how to apply for a grant: https://nwcommunitybank.com/foundation/ Potential applicants will be required to create an account with the Foundation's Online Portal in order to submit their application materials. Applicants may be asked to detail the program for which they are requesting funding, and to explain how their proposals fit within the Foundation's core focus areas, which include: education; housing; human services; and community impact. Applicants may be asked to illustrate the impact and budget of their proposals, and may also be asked to provide proof of their qualified 501(c)(3) tax-exempt status, including IRS Letters and previously filed tax returns.
cAny submission deadlines:
March 15th, September 15th
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Applicants must be a registered 501(c)(3) organizations, and the Foundation will give preference to those organizations providing services that align with the goals and communities served by Northwest Community Bank. The Foundation does not provide financial support to political organizations or candidates, activities for religious purposes, individual endeavors, or organizations which are discriminatory in their practices. Additionally, the Foundation will not fund proposals for the following: organizations which utilize a fiscal agent; alumni or endowment campaigns; fundraising events; sports teams; advertising; lobbying; travel; and/or other private foundations. Organizations may apply once per grant cycle, and annual grants will not exceed $25,000 per recipient.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

After School Arts Program Inc (ASAP)

PO Box 15
Washington Depot,CT06794
N/A PC ASAP! Summer Camp for Torrington Youth 1,000

American Mural Project

90 Whiting Street
Winsted,CT06098
N/A PC American Mural Projects Ramp Gallery Completion 2,500

American Museum of Tort Law

654 Main Street
Winsted,CT06098
N/A PC Tech Upgrade and including two new computers and two laptops. 1,000

Amy's Angels

90 Hopmeadow Street
Simsbury,CT06089
N/A PC Amy's Angels Polo in the Valley Dinner/Fundraiser 2,000

Artgarage

55 Selleck Hill Road
Salisbury,CT06068
N/A PC Expanding Artgarage Program to Meet Demand 1,000

Avon Congregational Church

6 West Main Street
Avon,CT06001
N/A PC Stone Soup based on the children's tale 1,000

Avon Land Trust Inc

PO Box 267
Avon,CT06001
N/A PC Avon Land Trust Programming and Infrastructure Project Support 1,000

Bantam Civic Association

PO Box 22
Bantam,CT06750
N/A PC Playground equipment 1,000

Bantam Fire Company

92 Doyle Road
Bantam,CT06750
N/A GOV Marsars Ice Rescue Sled 1,000

Barkhamsted Housing Trust Inc

104 Old New Hartford Road
Barkhamsted,CT06063
N/A PC Mallory View Homes 2,000

Beacon of Light Animal Rescue Inc

PO Box 1062
New Hartford,CT06057
N/A PC Litchfield County Stray Cat Rescue Mission 1,000

Boy Scout Troop 2019

198 Gillette Road
New Hartford,CT06057
N/A PC Scout Cabin repair/refurbishment 1,000

Bristol Symphony Orchestra Inc

PO Box 2154
Bristol,CT06011
N/A PC General Purpose 1,000

Brooker Memorial

157 Litchfield Street
Torrington,CT06790
N/A PC Therapeutic Supplies for Child Care Liaison Program 1,000

Burlington Volunteer Fire Department

719 George Washington Turnpike
Burlington,CT06010
N/A PC Particulate Flash Hoods per NFPA 1971 2024 Standard Upgrade 1,000

Camp Sloane YMCA Inc

124 Indian Mountain Road
Lakeville,CT06039
N/A PC Camp Sloane YMCA's Connecticut Military Families Program 1,000

Canton Historical Society

11 Front Street
Collinsville,CT06019
N/A PC Exterior painting of the West and South sides of the Museum 1,000

Canton Main Street Inc

PO Box 184
Collinsville,CT06022
N/A PC Music on Main 2024 1,000

Canton Youth Soccer Association

PO Box 296
Canton,CT06019
N/A PC Canton Soccer Club 1,000

Caring for Bethlehem Inc

PO Box 5
Bethlehem,CT06751
N/A PC Keeping Neighbors Warm 1,500

Chore Service

PO Box 522
Lakeville,CT06039
N/A PC Chore Service 2,500

Civic Family Services (aka The Clothes Tree)

PO Box 480
Bantam,CT06750
N/A PC Security and Efficiency of Store's Point of Sales and Display Cabinetry 1,000

Clockwork Repertory Theatre Inc

133 Main Street
Oakville,CT06779
N/A PC Roof and gutter repair, main auditorium area. 1,000

Colebrook Consolidated School

452 Smith Hill Road
Colebrook,CT06021
N/A GOV Outdoor Student Learning Center Beautification 1,500

Colebrook Fire Department Forge Company Inc

300 Colebrook River Road
Colebrook,CT06021
N/A PC New Forge Engine Deck Gun and Adapters Purchase 1,000

Community Health and Wellness Center

469 Migeon Avenue
Torrington,CT06790
N/A PC Community Food Closet 1,000

Connecticut Democracy Center

21 Oak Street Suite 309
Hartford,CT06106
N/A PC Supporting History Day 1,500

Connecticut Yankee Chorale Inc

95 Naser Road
Litchfield,CT06759
N/A PC 40th Anniversary Commissioned Piece of Work 1,400

CT Alive (aka CT Alliance for Victims of Violence and their Families)

PO Box 330083
West Hartford,CT06133
N/A PC Never Going Back to Abuse Project 1,000

Dress for Success Hartford County Inc

PO Box 2343
Hartford,CT061462343
N/A PC Financial Literacy Education for the Professional Womens Group 1,000

Falls Village Day Care Center

35 Page Road
Falls Village,CT06031
N/A PC Washer and Dryer Replacement. 1,000

Falls Village Housing Trust Inc

PO Box 424
Lakeville,CT06031
N/A PC River Road Homes Inspections and Site Preparation 2,500

FISHFriends in Service to Humanity of Northwestern Connecticut

332 South Main Street
Torrington,CT06790
N/A PC FISH Shelter Needs New/Replacement Mattresses and Bedding! 2,471

Focus Center For Autism Inc

PO Box 452
Canton,CT06019
N/A PC FOCUS Social Clubs 1,000

Friend to Friend Inc

PO Box 631
East Granby,CT06026
N/A PC East Granby Food Bank 1,000

Friendly Hands Food Bank Inc

50 King Street
Torrington,CT067906904
N/A PC Replenish the Shelves for the Hungry 4,000

Friends of American Legion and Peoples State Forests

PO Box 323
Pleasant Valley,CT06063
N/A PC Peoples Forest 100th Anniversary Celebration 1,000

Friends of the Litchfield Community Greenway

PO Box 788
Litchfield,CT06759
N/A PC Bantam Lake Road - Phase 4 Handicapped Crossing 1,000

Gifts of Love Inc

34 E Main Street
Avon,CT06001
N/A PC Gifts of Love's Student Weekend Backpack Program 2,500

Goshen Players

PO Box 63
Goshen,CT06756
N/A PC Goshen Players 75th Anniversary Window Restoration Project 1,000

Granby Homes for Senior Citizens Inc

259 Salmon Brook Street
Granby,CT060352328
N/A PC Renovation of the Community Room, Phase I 1,000

Granby Land Trust

PO Box 23
Granby,CT06035
N/A PC Wilcox Family Preserve Trailhead Kiosk 1,000

Greater New Britain Teen Pregnancy Prevention Inc

43 Viets Street
New Britain,CT06053
N/A PC Pathways Family Engagement Program 1,000

Greenwoods Counseling Referrals

25 South Street
Litchfield,CT06759
N/A PC Dungeons & Dragons Socialization & Support Group 1,000

Habitat for Humanity North Central Connecticut

PO Box 1933
Hartford,CT06144
N/A PC North Hartford Renaissance Project (Hartford 5) 1,000

Habitat for Humanity of NW Connecticut

PO Box 1
Salisbury,CT06068
N/A PC NWCT Habitat Home - Torrington 1,500

Healing Meals Foundation Corporation

PO Box 7223
Bloomfield,CT06002
N/A PC Nourishing Neighbors in Need 1,000

Highland Lake Watershed Association

PO Box 1022
Winsted,CT06098
N/A PC HACH Meter Replacement Project 1,000

Hill-Stead Museum

35 Mountain Road
Farmington,CT06732
N/A PC Hill-Stead Museum's Lecture Series 5,000

Holcomb Farm Inc

113 Simsbury Road
West Granby,CT06090
N/A PC Fresh Access Emergency Funding 1,500

KidsPlay Children's Museum Inc

61 Main Street
Torrington,CT06790
N/A PC 61 Main Street Total Roof Replacement 2,000

Klingberg Family Centers Inc

370 Linwood Street
New Britain,CT060521949
N/A PC The Raymond Hill School/Classroom Technology 1,000

Litchfield Fire Company

PO Box 786
Litchfield,CT06759
N/A GOV FAST rescue board 1,000

Litchfield Historical Society

PO Box 385
Litchfield,CT067590385
N/A PC The Legend of Sleepy Hollow with Jonathan Kruk 1,000

Litchfield Land Trust

PO Box 712
Litchfield,CT06579
N/A PC Beautification & Access to Outdoor Spaces & Community Places 1,000

McCall Behavioral Health Network

58 High Street
Torrington,CT06790
N/A PC Sound Healing Therapy Equipment 5,000

McLean

75 Great Pond Road
Simsbury,CT06070
N/A PC Adult Day Program Furniture Needs 1,000

Mental Health Connecticut

76 Batterson Park Road
Farmington,CT06032
N/A PC Reducing Homelessness through Essential Resources 3,500

Morris Fire Company

15 South Street
Morris,CT06763
N/A PC Rescue Boat Replacement 1,000

Morris Public Library

4 North Street
Morris,CT06763
N/A GOV Tech Upgrade: Hardware, Software and Security 1,000

Morris Senior Center

109 East Street
Morris,CT067631828
N/A GOV Storage Shed for Stuff! 1,000

Muddy Moose Mutts Rescue

355 Saint Catherine Street
Winsted,CT06098
N/A PC Muddy moose mutts inc12 1,000

NAFI Connecticut Inc

49-51 Wethersfield Avenue
Hartford,CT06114
N/A PC NAFI's 2,200

New Beginnings of Northwest Hills Litchfield County Inc

110 Prospect Street
Torrington,CT06790
N/A PC The Gathering Place 4,000

New Hartford Volunteer Fire Department

PO Box 203
New Hartford,CT06057
N/A PC Fire & Personal Protective Equipment 1,000

New Horizons Living Center Inc

34 Falls Brook Road
Bristol,CT06010
N/A PC NHLC Resource Center 2,500

Norfolk Volunteer Fire Department Inc

20 Shepard Road
Norfolk,CT06058
N/A PC Recruitment and personal protective equipment (PPE) 1,000

North Canaan Education Foundation Inc

90 Pease Street
Canaan,CT06018
N/A PC AHA/North Canaan Education Foundation 1,000

Northwest Connecticut Arts Council

40 Main Street Suite 1
Torrington,CT06790
N/A PC Arts Night Out - Networking Series Partnership 1,200

Northwest Connecticut Association for the Arts Inc (dba Warner Theatre)

PO Box 1012
Torrington,CT06790
N/A PC One Audience Program 1,000

Northwest Connecticut Community Foundation

200 Kennedy Drive
Torrington,CT06790
N/A PC The Cancer Care Fund of the Litchfield Hills 1,000

Northwestern Connecticut YMCA (fbo Winchester Youth Service Bureau)

8 Church Street
Torrington,CT06790
N/A PC Rising Star Camps Leaders-In-Training Program Youth Stipends 1,500

Northwestern Connecticut YMCA

259 Prospect Street
Torrington,CT06790
N/A PC Active Older Adult Program Equipment 2,500

Northwestern Regional School District No 7

100 Battistoni Drive
Winsted,CT06027
N/A GOV Northwestern Campus Store 1,500

Oliver Wolcott Library

160 South Street PO Box 187
Litchfield,CT06759
N/A PC Flat Roof Replacement Project 5,000

Open Cupboard at Granby Congregational Church

North Campus 219 North Granby Road
Granby,CT06035
N/A PC Open Cupboard at Granby Congregational Church - UCC 1,000

Open Door Inc

PO Box 57
Winsted,CT06098
N/A PC Replenish the Shelves, To-Go Containers and Awning Repairs 2,000

Outside Perspectives

545 Main Street PO Box 576
New Hartford,CT06057
N/A PC Youth Excellence Project 1,000

Partners for Sustainable Healthy Communities Inc

PO Box 607
Litchfield,CT06759
N/A PC NW CT Regional Food Hub Strategic Plan 1,000

Pleasant Valley Children's Center

19 Church Street N
New Hartford,CT06057
N/A PC Pleasant Valley Children's Center 800

Prime Time House Inc

836 Main Street
Torrington,CT06790
N/A PC Upgrading our Outside Dining Area 1,500

PVUMC Community Food Bank

PO Box 181
Barkhamsted,CT06063
N/A PC PVUMC Community Food Bank Renovation, Expansion 4,000

Rebuilding Together Litchfield County Inc

PO Box 544
Bantam,CT06750
N/A PC Rebuild Day 2024 1,500

Riverton Theatre Inc

P O Box 302
Riverton,CT06065
N/A PC Costume refurbishment 1,000

Salisbury Housing Committee Inc

PO Box 10
Salisbury,CT060680010
N/A PC Anne Kremer Capital Campaign 1,000

Salisbury Housing Trust

PO Box 52
Salisbury,CT06068
N/A PC Tree Removal and Road Repair 1,000

Salisbury Winter Sports Association

PO Box 196
Salisbury,CT06068
N/A PC Build the K30 1,000

Sharon Historical Society and Museum

18 Main Street
Sharon,CT06069
N/A PC SHSM Exhibit Furniture and Supplies 1,000

Sharon Housing Trust Inc

PO Box 1168
Sharon,CT06069
N/A PC Sharon Homes 1,500

Simsbury Historical Society

800 Hopmeadow Street
Simsbury,CT06070
N/A PC Repair of the Meetinghouse 1,000

Soar Educational Enrichment

PO Box 593
Salisbury,CT06068
N/A PC SOAR Theater Program 1,000

SpiritHorse Therapeutic Riding Center of Canton Inc

174 Morgan Road
Canton,CT06019
N/A PC SpiritHorse Summer Equine Therapy Session 1,000

Susan B Anthony Project

179 Water Street
Torrington,CT06790
N/A PC Outreach and Prevention Education Program 5,000

Talcott Mountain Science Center for Student Involvement Inc

324 Montevideo Road
Avon,CT06001
N/A PC Inspiring Innovation with Camp Invention 4,000

The Bridge Family Center Inc

1022 Farmington Avenue
West Hartford,CT06107
N/A PC Saturday Family Academy 1,500

The Childrens Museum Inc

950 Trout Brook Drive
West Hartford,CT061191437
N/A PC Support the Wildlife Rehabilitation Clinic 3,000

The Community Kitchen of Torrington Inc

220 Prospect Street
Torrington,CT06790
N/A PC Stock the freezer and pantry 1,500

The Equus Effect

37 Drum Road
Sharon,CT06069
N/A PC Community Outreach Initiative 1,500

The Kids of Summer Foundation

262 Perch Rock Trail
Winsted,CT06098
N/A PC Summer Enrichment Initiative - Picnic table construction program 1,000

The Lions Club of Norfolk Connecticut Inc

PO Box 399 7 Shepard Road
Norfolk,CT06058
N/A PC Norfolk Lions Club Ambulance 1,000

The Salvation Army

855 Asylum Avenue
Hartford,CT06105
N/A PC Energy Assistance 3,500

The Wheels Program of Greater New Milford

40 Main Street
New Milford,CT06776
N/A PC Computer Support For Wheels Program 1,000

Thrive Farm Inc

73 Wolcott Road
Simsbury,CT06070
N/A PC Greenhouse and Maintenance Building Renovation/ Activation 1,000

Torrington Area Families for Autism

122 Litchfield Road Suite 2
Harwinton,CT06791
N/A PC Autism Special Education Monthly Support Group Funding 1,200

Torrington Area Parkinson's Support Group

175 Revere Street
Torrington,CT06790
N/A PC Beyond Words 1,000

Torrington Fire Department

111 Water Street
Torrington,CT06790
N/A GOV F.A.S.T board 1,000

Torrington Police Activities League

576 Main Street
Torrington,CT06790
N/A PC Cops and Kids 2024 1,000

Town of Hartland Commission on Aging

22 South Road
East Hartland,CT06027
N/A GOV Lecture series 2,000

Town of Winchester

338 Main Street
Winsted,CT06098
N/A GOV Town of Winchester Resident Assistance Fund 5,000

Trustees of Westminster School (fbo Horizons Program)

995 Hopmeadow Street
Simsbury,CT06070
N/A PC Horizons at Westminster 3,000

Vie for the Kids

80 Wildwood Drive
Avon,CT06001
N/A PC Funding for pediatric cancer clinical trials and family support 1,000

Visiting Nurse & Hospice of Litchfield County Inc

32 Union Street
Winsted,CT06098
N/A PC Parking lot/Driveway/Sidewalk replacement Simsbury Office 3,000

Warren Volunteer Fire Company

11 Sackett Hill Road
Warren,CT06754
N/A PC New air lift bags (rescue equipment) 1,000

Watertown History Museum

401 Main Street
Watertown,CT06795
N/A PC Preserving our Past 1,000

West Hartland Volunteer Fire Department

152 Center Street
West Hartland,CT06091
N/A PC Chimney Replacement 2,300

Winchester Center Historical Association Inc

PO Box 117
Winchester Center,CT06094
N/A PC The Chapel Restoration Project 2,500

Winchester Grange #74 (dba Connecticut State Grange Foundation Inc)

PO Box 3
Winchester Center,CT06094
N/A PC Grange Hall Front Faade Restoration Project 2,000

Winchester Housing Partners

244 South Road
Winsted,CT06098
N/A PC Batcheller School Adaptive Reuse - Affordable Housing Project 3,000

Winchester Land Trust

PO Box 10
Winchester Center,CT06094
N/A PC Laurel Ridge - property survey 2,500

Winning Ways Inc

279 N Main Street
Branford,CT06405
N/A PC The Winning Circle Series 1,500

Winsted Area Child Care Center

185 Prospect Street
Winsted,CT06098
N/A PC BASE Computers 1,000

Winsted Fire Department

27 Elm Street
Winsted,CT06098
N/A GOV Thermal Imaging Camera replacement 1,000

Winsted Health Center Foundation Inc

115 Spencer Street
Winsted,CT06098
N/A PC Winsted Housing and Advanced Makerspace 2,500

YMCA Camp Mohawk Inc

PO Box 1209
Litchfield,CT06759
N/A PC Camp Cabins Porch Roof Expansion Project 3,000

Young Women's Christian Association New Britain

19 Franklin Square
New Britain,CT06051
N/A PC Scholarships: School-Age Out of School Time 2,420
Total .................................right arrow 3a 204,491
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 13,283  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 13,283 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
13,283
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
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Form 990-PF (2024)
Additional Data


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Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
Northwest Community Bank Foundation Inc
 
Employer identification number

87-2625371
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
Northwest Community Bank Foundation Inc
 
Employer identification number
87-2625371
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
Northwest Community Bank
 
86 Main Street
 
Winsted, CT06098

$ 204,886


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
Northwest Community Bank Foundation Inc
 
Employer identification number

87-2625371
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Northwest Community Bank Foundation Inc
 
Employer identification number

87-2625371
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax Preparation Fees 1,900 950   950

TY 2024 InvestmentsCorpStockSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Name of Stock End of Year Book Value End of Year Fair Market Value
2000 Shares of Abbott Laboratories 226,220 226,220
900 Shares of Accenture PLC 316,611 316,611
700 Shares of MasterCard Inc. Class A 368,599 368,599
1500 Shares of Nike Inc. Class B 113,505 113,505

TY 2024 LegalFeesSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 664 0   664


TY 2024 OtherExpensesSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance 1,904 0   1,904
Software 12,100 0   12,100
State Filing Fees 50 0   50


TY 2024 OtherIncreasesSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Description Amount
Unrealized Gains on Investments 27,563
Recovery of prior year grant to be reissued 4,000


TY 2024 OtherProfessionalFeesSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 1,260 1,260   0


TY 2024 TaxesSchedule
Name:
Northwest Community Bank Foundation Inc
EIN:
87-2625371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Taxes 135 0   0