HOUGHTON FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HOUGHTON FAMILY FOUNDATION (EIN 87-2366915)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-23
- IRS object ID
- 202521139349100537
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-23T15:44:32-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470589915 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMGL PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1407 | AddressLine1Txt |
| City | GRAND ISLAND | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 688021407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 872366915 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOUGHTON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOUG | BusinessNameControlTxt |
| Phone | 3083407632 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 SOLOMON LANE | AddressLine1Txt |
| City | TIPTON | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67485 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICIA HOUGHTON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3083407632 | PhoneNum |
| Signature | 2025-04-22 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARCY J LUTH CPA | PreparerPersonNm |
| PTIN | P00078547 | PTIN |
| Phone | 3083811810 | PhoneNum |
| Preparation | 2025-04-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,904,970 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $894,565 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $81,556 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $81,556 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $153,048 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $153,048 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $59,166 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $43,469 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,442,885 | GrossSalesPriceAmt |
| Total Rev And Expnss | $1,172,638 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $234,604 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $1,425 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,425 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $28,309 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $28,309 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $13,314 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $13,314 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $71,671 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $71,671 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $114,719 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $114,719 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $239,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $239,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $353,719 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $114,719 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $239,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $818,919 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $119,885 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $21,178 | CashBOYAmt |
| Cash EOY | $64,167 | CashEOYAmt |
| Cash EOYFMV | $64,167 | CashEOYFMVAmt |
| Corporate Stock BOY | $933,961 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,723,205 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,709,158 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,136,645 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,635 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $4,128,324 | LandBOYAmt |
| Land EOY | $4,115,010 | LandEOYAmt |
| Land EOYFMV | $4,131,645 | LandEOYFMVAmt |
| Total Assets BOY | $5,083,463 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,902,382 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,904,970 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $5,083,463 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,902,382 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,083,463 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,902,382 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,083,463 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,902,382 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,083,463 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $818,919 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,902,382 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,902,382 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,666 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,666 | SubtotalAmt |
| Tax Based On Investment Income | $1,666 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $37 | EsPenaltyAmt |
| Tax Due | $1,703 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PATRICIA HOUGHTON | IndividualWithBooksNm |
| Phone | 3083407632 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2108 WEST 3RD STREET | AddressLine1Txt |
| City | MCCOOK | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PATRICIA HOUGHTON | ||||||||
| 2108 WEST 3RD STREET | MCCOOK | NE | 69001 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| KEITH HOUGHTON | ||||||||
| 655 SOLOMON LANE | TIPTON | KS | 67485 | VICE PRES | 1.00 | $0 | $0 | $0 |
| DEBRA HOUGHTON | ||||||||
| 655 SOLOMON LANE | TIPTON | KS | 67485 | SEC/TREAS | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,686,411 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,632 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,131,645 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,864,688 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $5,864,688 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $87,970 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,776,718 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $288,836 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $288,836 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,666 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,666 | TotalTaxAmt |
| Distributable Before Adj | $287,170 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $287,170 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $287,170 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $239,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $239,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $287,170 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $238,863 | UndistributedIncomePYAmt |
| Qualifying Distributions | $239,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $238,863 | AppliedToYear1Amt |
| Applied To Current Year | $137 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $287,033 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PATRICIA HOUGHTON | ContributingManagerNm |
| Contributing Manager | KEITH DEBRA HOUGHTON | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PATRICIA HOUGHTON | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 SOLOMAN LANE | AddressLine1Txt |
| City | TIPTON | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67485 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3083407632 | RecipientPhoneNum |
| Recipient Email Address | PLH@OCSMCCOOK.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | WRITTEN APPLICATION WITH APPROPRIATE DOCUMENTATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS MADE TO TAX-EXEMPT ORGANIZATIONS AS DEFINED IN IRC SECTION 501(C)(3). | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| TIPTON COMMUNITY FOUNDATION | |||||||
| 119 W IRON AVE 8TH FLOOR | SALINA | KS | 67402 | NONE | 501(C)3 | BRUSH FIRE TRUCK | $85,000 |
| TIPTON COMMUNITY FOUNDATION | |||||||
| 119 W IRON AVE 8TH FLOOR | SALINA | KS | 67402 | NONE | 501(C)3 | SCHOOL CHAIR LIFT PROJECT | $5,000 |
| TIPTON COMMUNITY FOUNDATION | |||||||
| 119 W IRON AVE 8TH FLOOR | SALINA | KS | 67402 | NONE | 501(C)3 | TIPTON SPORTS & ARTS COMPLEX | $139,000 |
| SOLOMON VALLEY COMMUNITY FOUNDATION | |||||||
| 102 S MILL ST SUITE 5 | BELOIT | KS | 67420 | NONE | 501(C)3 | GIVE-TO-GROW MATCH | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $239,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $81,556 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $59,166 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $43,469 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $59,166 | ExclusionAmt |
| Related Or Exempt Function Incm | $125,025 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $184,191 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| PATRICIA HOUGHTON | |||||||
| 1 | 2108 WEST 3RD ST | MCCOOK | NE | 69001 | $871,565 | Yes (X) | Yes (X) |
| KEITH DEBRA HOUGHTON | |||||||
| 2 | 655 SOLOMON LANE | TIPTON | KS | 67485 | $18,000 | Yes (X) | |
| JERRY SHARON CONNEALY | |||||||
| 3 | PO BOX 96 | WHITMAN | NE | 69366 | $5,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | LPL FINANCIAL HOLDINGS-1,500 SHS | $356,340 | 2024-01-08 |
| 1 | MICROSOFT - 1,000 SHARES | $374,690 | 2024-01-08 |
| 1 | SPDR BLOOMBERG T BILL ETF-260 SH | $23,785 | 2024-01-08 |
| 1 | FEDERAL FARM CREDIT BANK BONDS | $99,750 | 2024-01-08 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $1,425 | Amt |
| Net Investment Income | $1,425 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PICKUP & BLADE | PropertyDesc |
| Acquired | 2023-01-01 | AcquiredDt |
| Cost Or Other Basis | $41,605 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $8,321 | PriorYearDepreciationAmt |
| Computation Method | 200DB | ComputationMethodTxt |
| Life | 5.0000 | LifeRt |
| Current Year Expense | $13,314 | CurrentYearExpenseAmt |
| Net Investment Income | $13,314 | NetInvestmentIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| LPL FINANCIAL HOLDINGS - 1,500 SHS | 2024-01 | PURCHASE | 2024-01 | $373,671 | $356,340 | $17,331 |
| MICROSOFT CORP - 1,000 SHS | 2024-01 | PURCHASE | 2024-01 | $400,172 | $374,690 | $25,482 |
| SPDR BLOOMBERG 1-3 MO T-BILL ETF | 2024-01 | PURCHASE | 2024-04 | $490,042 | $490,709 | -$667 |
| FEDL HOME LOAN BANK BONDS | 2024-04 | PURCHASE | 2024-10 | $540,000 | $539,905 | $95 |
| FEDL FARM CREDIT BANK BONDS | 2023-06 | PURCHASE | 2024-10 | $639,000 | $637,772 | $1,228 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | LPL FINANCIAL | StockNm |
| EOY Book Value | $1,723,205 | EOYBookValueAmt |
| EOYFMV | $1,709,158 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| PICKUP & BLADE | $41,605 | $21,635 | $19,970 | $36,605 |
| GRASS LAND (721.03 ACRES) | $4,095,040 | $4,095,040 | $4,095,040 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FARM GROUND & FACILITIES | ||
| PROPERTY INSURANCE | $12,021 | $12,021 |
| CONTRACT SERVICES | $18,145 | $18,145 |
| REPAIRS | $22,776 | $22,776 |
| EXPENSES | ||
| INVESTMENT FEES | $17,329 | $17,329 |
| D&O INSURANCE | $1,400 | $1,400 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $683 | $683 |
| FARM GROUND & FACILITIES | $27,626 | $27,626 |
Comments