BETA

AL A LAKE T W 3CB537000 NORWEST BANK OF DES MOINES NA TTEE: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
AL A LAKE T W 3CB537000 NORWEST BANK OF DES MOINES NA TTEE (EIN 42-6101549)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-16
IRS object ID
202231369349103133
Schema version
2021v4.0
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)
Return2022-05-16T11:42:03-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420991212PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOGAN - HANSEN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1318AddressLine1Txt
CityMASON CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP504021318ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN426101549EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AL L LAKE TRUST UNDER WILLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLAKEBusinessNameControlTxt
Phone6414232457PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 EAST STATE STREETAddressLine1Txt
CityMASON CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCLEAR LAKE BANK TRUSTPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6414232457PhoneNum
Signature2022-05-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCLEAR LAKEPersonFirstNm
Person LastBANK TRUSTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAURA MONAGHAN CPAPreparerPersonNm
PTINP01269083PTIN
Phone6414230574PhoneNum
Preparation2022-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Name ChangeYes (X)NameChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$199,905FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,299DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,299DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$15,184NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$30,698GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$15,184CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$18,485TotalRevAndExpnssAmt
Total Net Invst Incm$18,485TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$2,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$1,000CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$1,000CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$606LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$151LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$455LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$735AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$184AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$551AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$31TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$20OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$10OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$10OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,392TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,345TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,016TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$9,375ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$9,375ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,767TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,345TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$11,391TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,718ExcessRevenueOverExpensesAmt
Net Investment Income$17,140NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$111CashBOYAmt
Cash EOY$135CashEOYAmt
Cash EOYFMV$135CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,515SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,011SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,011SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$137,630CorporateStockBOYAmt
Corporate Stock EOY$141,828CorporateStockEOYAmt
Corporate Stock EOYFMV$195,759CorporateStockEOYFMVAmt
Total Assets BOY$140,256TotalAssetsBOYAmt
Total Assets EOY$145,974TotalAssetsEOYAmt
Total Assets EOYFMV$199,905TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$140,256NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$145,974NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$140,256TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$145,974TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$140,256TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$145,974TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$140,256TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,718ExcessRevenueOverExpensesAmt
Subtotal$145,974SubtotalAmt
Tot Net Ast Or Fund Balances EOY$145,974TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyVANGUARD TOTAL STOCK MKT IDX ADMPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$30,530GrossSalesPriceAmt
Cost Or Other Basis$15,514CostOrOtherBasisAmt
Gain Or Loss$15,016GainOrLossAmt
Gains Minus Excess Or Losses$15,016GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$15,184CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$238InvestmentIncomeExciseTaxAmt
Subtotal$238SubtotalAmt
Tax Based On Investment Income$238TaxBasedOnInvestmentIncomeAmt
Tax Due$238TaxDueAmt

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
Org Report Or Register StateIAOrgReportOrRegisterStateCd
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 Line1CLEAR LAKE BANK & TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6414232457PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1100 EAST STATE STREETAddressLine1Txt
CityMASON CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50401ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCLEAR LAKE BANK TRUSTPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 EAST STATE STREETAddressLine1Txt
CityMASON CITYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50401ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$2,000CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$191,048AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,386AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$194,434TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$194,434AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,917CashDeemedCharitableAmt
Net Vl Noncharitable Assets$191,517NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,576MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,576MinimumInvestmentReturnAmt
Tax Based On Investment Income$238TaxBasedOnInvestmentIncomeAmt
Total Tax$238TotalTaxAmt
Distributable Before Adj$9,338DistributableBeforeAdjAmt
Distributable Before Ded$9,338DistributableBeforeDedAmt
Distributable As Adjusted$9,338DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$11,391ExpensesAndContributionsAmt
Qualifying Distributions$11,391QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,338DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,543ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$653ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,960ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,785ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,759ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$9,700TotalExcessDistributionCyovAmt
Qualifying Distributions$11,391QualifyingDistributionsAmt
Applied To Current Year$9,338AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,053RemainingDistriFromCorpusAmt
Total Corpus$11,753TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,543ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$9,210ExcessDistriCyovToNextYrAmt
Excess From Year4$653ExcessFromYear4Amt
Excess From Year3$1,960ExcessFromYear3Amt
Excess From Year2$2,785ExcessFromYear2Amt
Excess From Year1$1,759ExcessFromYear1Amt
Excess From Current Year$2,053ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCLEAR LAKE BANK TRUST ANNE FLYNNRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1100 EAST STATE STAddressLine1Txt
CityMASON CITUCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50401ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6414232457RecipientPhoneNum
Form And Info And MaterialsCOMPLETED APPLICATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesMAY 1SubmissionDeadlinesTxt
Restrictions On AwardsSTUDENTS WHOSE ELEMENTARY EDUCATION WAS ACQUIRED AT LEAST IN PART AT JEFFERSON ELEMENTARY SCHOOL IN MASON CITY, IA.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient Foundation StatusRecipientFoundationStatusTxt
DANIELLE DAHLEIOWA STATE UNIV
210 BEARDSHEAR HALLAMESIA50011NONECOLLEGE SCHOLARSHIP$562
TRINITY LUTHERAN CHUCH
213 N PENNSYLVANIA AVEMASON CITYIA50401NONEGENERAL DONATION$3,800PC
UNITED WAY OF NORTH CENTRAL IOWA
2911 4TH ST SEMASON CITYIA50401NONEGENERAL DONATION$950PC
NATHAN ELSBERNDLUTHER COLLEGE
700 COLLEGE DRIVEDECORAHIA52101NONECOLLEGE SCHOLARSHIP$1,038
MYAH LEWERKENIACC
500 COLLEGE DRIVEMASON CITYIA50401NONECOLLEGE SCHOLARSHIP$1,038
BETH DEGRAWIOWA STATE UNIVERSITY
210 BEARDSHEAR HALLAMESIA50011NONECOLLEGE SCHOLARSHIP$562
EMMA GARRETTCENTRAL COLLEGE
812 UNIVERSITY STPELLAIA50219NONECOLLEGE SCHOLARSHIP$475
BRITTA ELSBERNDLUTHER COLLEGE
700 COLLEGE DRIVEDECORAHIA52101NONECOLLEGE SCHOLARSHIP$475
CONNOR DALENWARTBURG COLLEGE
100 WARTBURG BLVDWAVERLYIA506770903NONECOLLEGE SCHOLARSHIP$475
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$9,375TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,299ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$15,184ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$18,485ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$18,485TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CPA PREPARATION FEE$615$154$461
TAX PREPARATION FEE$120$30$90

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD TOTAL STOCK MKT INDEX$41,109$88,871
VANGUARD TOTAL INTERNATIONAL$20,939$22,930
VANGUARD TOTAL BOND MTK INDEX ADM$79,780$83,958

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryATTORNEY FEECategoryTxt
Legal Fees$606LegalFeesAmt
Net Investment Income$151NetInvestmentIncomeAmt
Disbursements Charitable Prps$455DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
MISC DEDUCTIBLE EXPENSE$20$10$10

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$31Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.