JOHN WILLIS MASHBURN CHARITABLE TRUST: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- JOHN WILLIS MASHBURN CHARITABLE TRUST (EIN 27-3958145)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-04
- IRS object ID
- 202103089349100315
- Schema version
- 2020v4.0
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-04T12:20:24-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581762926 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACREE JINRIGHT LEONARD & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 212 W GORDON ST | AddressLine1Txt |
| City | DALTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 307204211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273958145 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN W MASHBURN CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 7062785853 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2206 FAWN DRIVE | AddressLine1Txt |
| City | DALTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30720 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHARON BEAVERS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7062785853 | PhoneNum |
| Signature | 2021-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHARON | PersonFirstNm |
| Person Last | BEAVERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL JINRIGHT | PreparerPersonNm |
| PTIN | P00978972 | PTIN |
| Phone | 7062785853 | PhoneNum |
| Preparation | 2021-11-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,748,322 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $20,385 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,385 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $20,385 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $371,562 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $371,562 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $371,562 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $64,032 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,113,909 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,884,538 | GrossSalesPriceAmt |
| Total Rev And Expnss | $1,505,856 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $391,947 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $391,947 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $90,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $45,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $90,000 | CompOfcrDirTrstAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $4,337 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $4,337 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $9,325 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $9,325 | AccountingFeesAdjNetIncmAmt |
| Occupancy Rev And Expnss | $588 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $588 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $588 | OccupancyAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $348,380 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $348,380 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $348,380 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $452,630 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $393,968 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $452,630 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,121,909 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,121,909 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,574,539 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $393,968 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $452,630 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,121,909 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,068,683 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,057,330 | CashBOYAmt |
| Cash EOY | $148,546 | CashEOYAmt |
| Cash EOYFMV | $148,546 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,812,804 | CorporateStockBOYAmt |
| Corporate Stock EOY | $832,409 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $999,776 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $13,533,302 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $12,712,806 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $13,533,302 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $13,600,000 | LandBldgInvestmentsEOYFMVAmt |
| Total Assets BOY | $15,582,940 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,514,257 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,748,322 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,582,940 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,514,257 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,582,940 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,514,257 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,582,940 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,514,257 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,582,940 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,068,683 | ExcessRevenueOverExpensesAmt |
| Subtotal | $14,514,257 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,514,257 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | 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 | SHARON BEAVERS | IndividualWithBooksNm |
| Phone | 7062785853 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2206 FAWN DRIVE | AddressLine1Txt |
| City | DALTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30720 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| SHARON BEAVERS | ||||||||
| 2206 FAWN DRIVE | DALTON | GA | 30720 | TRUSTEE | 1.00 | $18,000 | $0 | $0 |
| DEWEY HUGHES | ||||||||
| 1210 VANDERBILT DR | DALTON | GA | 30720 | TRUSTEE | 1.00 | $18,000 | $0 | $0 |
| BONNIE JONES | ||||||||
| 351 CASTLE ROAD | DALTON | GA | 30720 | TRUSTEE | 1.00 | $18,000 | $0 | $0 |
| CARLA RIPLEY | ||||||||
| 1088 GLENN COVE DR | DALTON | GA | 30720 | TRUSTEE | 1.00 | $18,000 | $0 | $0 |
| MENDY MASHBURN | ||||||||
| 442 OLD GRADE RD | RESACA | GA | 30735 | TRUSTEE | 1.00 | $18,000 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HAMILTON HEALTHCARE FOUNDATION | Description1Txt |
| Expenses1 | $1,411,181 | Expenses1Amt |
| Description2 | FIRST BAPTIST CHURCH OF DALTON | Description2Txt |
| Expenses2 | $400,000 | Expenses2Amt |
| Description3 | WHITFIELD COUNTY SCHOOLS | Description3Txt |
| Expenses3 | $197,085 | Expenses3Amt |
| Description4 | TUNNEL HILL, GA | Description4Txt |
| Expenses4 | $50,000 | Expenses4Amt |
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 | $1,952,228 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $602,938 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $12,971,680 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,526,846 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $15,526,846 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $232,903 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,293,943 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $764,697 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,121,909 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,121,909 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,121,909 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $2,121,909 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $2,121,909 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,121,909 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2015-05-04 | PrivateOperatingFndtnRulingDt |
| Section4942j5 | Yes (X) | Section4942j5Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,121,909 | CurrentYearAmt |
| Year1 | $2,378,692 | Year1Amt |
| Year2 | $2,131,445 | Year2Amt |
| Year3 | $2,679,629 | Year3Amt |
| Total | $9,311,675 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,121,909 | CurrentYearAmt |
| Year1 | $2,378,692 | Year1Amt |
| Year2 | $2,131,445 | Year2Amt |
| Year3 | $2,679,629 | Year3Amt |
| Total | $9,311,675 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $509,798 | CurrentYearAmt |
| Total | $509,798 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| WHITFIELD HEALTHCARE FOUNDATION | ||||||
| 1200 MEMORIAL DRIVE | DALTON | GA | 30720 | 501-(C)3 | NO RESTRICTIONS | $1,411,181 |
| FIRST BAPTIST CHURCH | ||||||
| 311 N THORNTON AVE | DALTON | GA | 30720 | 501-(C)3 | NO RESTRICTIONS | $400,000 |
| WHITFIELD COUNTY SCHOOLS | ||||||
| 1306 S THORNTON AVE | DALTON | GA | 30720 | 501-(C)3 | NO RESTRICTIONS | $197,085 |
| TUNNEL HILL GA | ||||||
| 201 G VAUGHN PKWY | TUNNEL HILL | GA | 30755 | 501-(C)3 | BUILDING | $50,000 |
| MAPLE GROVE BAPTIST | ||||||
| 4006 MAPLE GROVE CHURCH R | RESACA | GA | 30735 | 501-(C)3 | NO RESTRICTIONS | $40,220 |
| DALTON STATE COLLEGE | ||||||
| 650 COLLEGE DR | DALTON | GA | 30720 | 501-(C)3 | SCHOLARSHIPS | $12,373 |
| AUBURN UNIVERSITY | ||||||
| AUBURN | AUBURN | AL | 36849 | 501-(C)3 | SCHOLARSHIPS | $5,000 |
| UNIVERSITY OF TENNESSEE - CHATT | ||||||
| 615 MCCALLIE AVE | CHATTANOOGA | TN | 37403 | 501-(C)3 | SCHOLARSHIPS | $5,000 |
| CHEROKEE BOYS ESTATE | ||||||
| 850 CHEROKEE BOYS ESTATE | DALTON | GA | 30721 | 501-(C)3 | NO RESTRICTIONS | $1,050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,121,909 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $20,385 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $64,032 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,113,909 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,198,326 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,198,326 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $9,325 | Amt |
| Adjusted Net Income | $9,325 | AdjustedNetIncomeAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| SCHEDULE ATTACHED | PURCHASE | 2020-12 | $2,710,667 | $1,352,963 | $1,357,704 |
| 116 GAIL DR | PURCHASE | 2020-05 | $173,871 | $417,666 | -$243,795 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SCHEDULE ATTACHED | StockNm |
| EOY Book Value | $832,409 | EOYBookValueAmt |
| EOYFMV | $999,776 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | REAL ESTATE | CategoryOrItemTxt |
| Cost Or Other Basis | $13,533,302 | CostOrOtherBasisAmt |
| Book Value | $13,533,302 | BookValueAmt |
| EOYFMV | $13,600,000 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $4,337 | LegalFeesAmt |
| Adjusted Net Income | $4,337 | AdjustedNetIncomeAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| REAL ESTATE | |||
| INSURANCE | $43,828 | $43,828 | $43,828 |
| REPAIRS | $56,527 | $56,527 | $56,527 |
| UTILITIES | $9,565 | $9,565 | $9,565 |
| EXTERMINATING | $5,340 | $5,340 | $5,340 |
| PROPERTY MANAGMENT | $164,000 | $164,000 | $164,000 |
| CLEANING | $3,847 | $3,847 | $3,847 |
| LANDSCAPING | $15,947 | $15,947 | $15,947 |
| TRASH SERVICE | $7,615 | $7,615 | $7,615 |
| ADVERTISING | $273 | $273 | $273 |
| EXPENSES | |||
| INVESTMENT FEES | $40,610 | $40,610 | $40,610 |
| MISCELLANEOUS | $395 | $395 | $395 |
| BANK CHARGES | $433 | $433 | $433 |
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