BETA

SALIN FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SALIN FOUNDATION INC (EIN 35-2047694)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-14
IRS object ID
202441359349103564
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T10:37:57-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN813590370PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHIPLEY & WALL AN ASSOCIATION OF PC'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18465 KEYSTONE XING DR STE 160AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN352047694EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SALIN FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSALIBusinessNameControlTxt
Phone3177274104PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line147 S PENNSYLVANIA STAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM N SALIN IIIPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone3177274104PhoneNum
Signature2024-05-02SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWILLIAMPersonFirstNm
Person LastSALIN IIIPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIN L SHIPLEY CPAPreparerPersonNm
PTINP01255400PTIN
Phone3172550777PhoneNum
Preparation2024-05-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,267,712FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$35,452DividendsRevAndExpnssAmt
Dividends Net Invst Incm$33,238DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$135CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$4,333OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$4,333OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$139,785TotalRevAndExpnssAmt
Total Net Invst Incm$37,706TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,750AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,600AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$6,475OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$6,116OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$393TaxesRevAndExpnssAmt
Taxes Net Invst Incm$393TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$0OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$9,618TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,109TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,250ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,250ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,868TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,109TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,250TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$119,917ExcessRevenueOverExpensesAmt
Net Investment Income$28,597NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$168,756SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$338,887SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$338,887SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
US Government Obligations BOY$78,515USGovernmentObligationsBOYAmt
US Government Obligations EOY$53,650USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$53,281USGovtObligationsEOYFMVAmt
Corporate Stock BOY$459,017CorporateStockBOYAmt
Corporate Stock EOY$459,016CorporateStockEOYAmt
Corporate Stock EOYFMV$875,544CorporateStockEOYFMVAmt
Corporate Bonds BOY$34,000CorporateBondsBOYAmt
Corporate Bonds EOY$0CorporateBondsEOYAmt
Corporate Bonds EOYFMV$0CorporateBondsEOYFMVAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$740,288TotalAssetsBOYAmt
Total Assets EOY$851,553TotalAssetsEOYAmt
Total Assets EOYFMV$1,267,712TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$740,288RetainedEarningBOYAmt
Retained Earning EOY$851,553RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$740,288TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$851,553TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$740,288TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$851,553TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$740,288TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$119,917ExcessRevenueOverExpensesAmt
Other Increases$207OtherIncreasesAmt
Subtotal$860,412SubtotalAmt
Other Decreases$8,859OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$851,553TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
GOLDMAN NOTE 06/19/23P2019-06-172023-06-19$34,000$0$34,000$0$0$0$0$0
INDIANA FINANCE AUTHORITY 07/01/23P2019-06-172023-07-01$25,000$0$24,865$135$0$0$0$135
FieldValueIRS element (for citing)
Capital Gain Net Income$135CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$397InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$397SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$397TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,200EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$5,200TotalPaymentsAndCreditsAmt
Original Return Overpayment-$5,200OriginalReturnOverpaymentAmt
Overpayment$4,803OverpaymentAmt
Applied To ES Tax$400AppliedToESTaxAmt
Refund$4,403RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1BILL SALIN IIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3177274104PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line147 S PENNSYLVANIA ST STE 703AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WILLIAM N SALIN II
10587 COPPERGATE DRCARMELIN46032CHAIRMAN2.00$0$0$0
WILLIAM N SALIN III
10587 COPPERGATE DRCARMELIN46032DIRECTOR2.00$0$0$0
SAMUEL J SALIN
10587 COPPERGATE DRCARMELIN46032DIRECTOR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1DONATIONS TO THREE LOCAL AND ONE NATIONAL ORGANIZATION TO HELP PROVIDE CULTURAL AWARENESS, MEDICAL RESEARCH AND EDUCATIONDescription1Txt
Expenses1$10,250Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$914,151AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$253,822AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,167,973TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,167,973AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,520CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,150,453NetVlNoncharitableAssetsAmt
Minimum Investment Return$57,523MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$57,523MinimumInvestmentReturnAmt
Tax Based On Investment Income$397TaxBasedOnInvestmentIncomeAmt
Total Tax$397TotalTaxAmt
Distributable Before Adj$57,126DistributableBeforeAdjAmt
Distributable Before Ded$57,126DistributableBeforeDedAmt
Distributable As Adjusted$57,126DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,250ExpensesAndContributionsAmt
Qualifying Distributions$10,250QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$57,126DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$91,282ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$87,397ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$100,324ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,670,854ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,949,857TotalExcessDistributionCyovAmt
Qualifying Distributions$10,250QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$10,250AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$46,876ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$46,876ExcessDistributionCyovAppCYAmt
Total Corpus$1,902,981TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$44,406ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,858,575ExcessDistriCyovToNextYrAmt
Excess From Year4$87,397ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$100,324ExcessFromYear2Amt
Excess From Year1$1,670,854ExcessFromYear1Amt
Excess From Current Year$0ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALZHEIMER'S ASSOCIATION
8430 W BRYN MAWR AVECHICAGOIL60631501C3SCIENTIFIC/MEDICAL$250
ST MARTIN DE PORRES CATHOLIC CHURCH
6941 E WACO DRIVESYRACUSEIN46567501C3RELIGIOUS ANDCOMMUNITY SERVICES$5,000
METROPOLITAN YMCA
347 WEST BERRY STREETFORT WAYNEIN46802501C3SOCIAL SERVICES$2,500
CARMELITE MONASTERY
59 ALLENDALE PLACETERRA HAUTEIN47876501C3EDUCATION AND RELIGIOUS SERVICES$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,250TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$35,452RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$35,452RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$35,452TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (6 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
3INTEREST INCOME CONTRIBUTES ADDITIONAL SCHOLARSHIP FUNDING AND
3RELATES TO THE REST OF THE INVESTMENT ACTIVITIES USED TO FUND
3ALL CHARITABLE ACTIVITIES
4DIVIDEND INCOME IS A MAJOR SOURCE OF ADDITIONAL FUNDING RELATED
4TO THE INVESTMENT ACTIVITIES USED FOR SCHOLARSHIPS AND OTHER
4LOCAL CHARITABLE GIVING

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1HORIZON BANKBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1515 FRANKLIN STREETAddressLine1Txt
CityMICHIGAN CITYCityNm
State AbbreviationINStateAbbreviationCd
ZIP46360ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryShipley CPA Group Tax ReturnsCategoryTxt
Amt$2,750Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondGOLDMAN SACHSBondNm
EOY Book Value$0EOYBookValueAmt
EOYFMV$0EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
COMMON STOCK$209,313$603,501
FOREIGN STOCK$10,223$19,277
MUTUAL FUNDS - EQUITY$193,596$207,654
MUTUAL FUNDS - FIXED INCOME$39,912$39,029
ETF - EQUITY$5,972$6,083

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
State Local Sec Book Vl EOY$53,650StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$53,281StateLocalSecEOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (3 entries)

DescDescAmtAmt
ESTIMATED TAX PAYMENTS$5,200
2022 FEDERAL TAX PAYMENT$3,068
1099/LEDGER INTEREST & DIVIDEND INCOME DIFF$591

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescL-T CAP GAIN DIVIDENDSDesc
Revenue And Expenses Per Books$4,333RevenueAndExpensesPerBooksAmt
Net Investment Income$4,333NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
CAPITAL GAINS$135
1099/LEDGER FOREIGN TAX DIFF$72

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryHorizon Bank Investment Mgt FeesCategoryTxt
Amt$6,475Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForeign TaxCategoryTxt
Amt$393Amt
Net Investment Income$393NetInvestmentIncomeAmt

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