WILLIAM M WEAVER FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM M WEAVER FOUNDATION (EIN 30-0140386)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-06-11
- IRS object ID
- 202141629349100004
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-11T07:39:25-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752745426 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWBERRY LEONARD HORTON & BAIRRINGTON | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 790 | AddressLine1Txt |
| City | LAMESA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 793310790 | 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 | 300140386 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM M WEAVER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 4323678910 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 13980 | AddressLine1Txt |
| City | ODESSA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79768 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FIRST FINANCIAL TRUST ASSET MGMT | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4323678910 | PhoneNum |
| Signature | 2021-06-11 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BARBARA | PersonFirstNm |
| Person Last | HILL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT L LEONARD | PreparerPersonNm |
| PTIN | P01011787 | PTIN |
| Phone | 8068725426 | PhoneNum |
| Preparation | 2021-06-09 | 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 | $16,207,823 | 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 |
| Interest On Sav Rev And Expnss | $138,200 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $138,200 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $138,200 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $224,420 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $224,420 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $224,420 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $287,262 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $287,262 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $287,262 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $245,403 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $43,088 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,240,932 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $38,368 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $686 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $686 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $693,656 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $688,250 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $650,568 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,481 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $120,481 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $120,481 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $12,048 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $2,000 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,927 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $358 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,927 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $35,665 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $35,588 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $35,665 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $1,223 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,223 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $1,223 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $1,475 | OccupancyRevAndExpnssAmt |
| Occupancy Adj Net Incm | $1,475 | OccupancyAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $29,259 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $29,259 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $29,259 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $192,030 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $188,909 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $192,030 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $13,048 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $559,523 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $559,523 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $751,553 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $188,909 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $192,030 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $572,571 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$57,897 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $499,341 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $458,538 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $731,895 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $681,112 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $681,112 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,571,353 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,083,608 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,125,752 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,187,406 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,205,512 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,863,578 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,764,057 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,210,617 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,436,198 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $925,983 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $943,171 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $986,855 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,512,724 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $93,861 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,418,863 | LandBOYAmt |
| Land EOY | $1,418,863 | LandEOYAmt |
| Land EOYFMV | $2,091,319 | LandEOYFMVAmt |
| Other Assets BOY | $55,420 | OtherAssetsBOYAmt |
| Other Assets EOY | $54,197 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $23,009 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,654,977 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,597,080 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,207,823 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $11,654,977 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,597,080 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,654,977 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,597,080 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,654,977 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,597,080 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,654,977 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$57,897 | ExcessRevenueOverExpensesAmt |
| Subtotal | $11,597,080 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $11,597,080 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (21 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FIRST FINANCIAL TRUST & ASSET MGMT | P | 2020-01-01 | 2020-12-31 | $141,056 | $270,578 | -$129,522 | -$129,522 |
| FNMA POOL FN890599 | P | 2016-03-17 | 2020-12-28 | $31,097 | $32,827 | -$1,730 | -$1,730 |
| FHLMC GOLD POOL | P | 2019-02-12 | 2020-01-15 | $6,456 | $6,663 | -$207 | -$207 |
| FNMA POOL MA1481 3.000% | P | 2016-09-26 | 2020-12-28 | $22,386 | $23,478 | -$1,092 | -$1,092 |
| FHMS KS01 A2 2.522% | P | 2019-05-13 | 2020-04-27 | $1,083 | $1,082 | $1 | $1 |
| FNMA POOL MA 1580 3.000% | P | 2013-09-10 | 2020-12-31 | $8,786 | $8,819 | -$33 | -$33 |
| FNMA POOL MA 1580 3.000% | P | 2019-04-25 | 2020-03-25 | $390 | $391 | -$1 | -$1 |
| TOTAL SE SPONSORED ADS | P | 2019-01-01 | 2020-07-29 | $46,157 | $65,714 | -$19,557 | -$19,557 |
| FIRST FINANCIAL TRUST & ASSET MGMT | P | 2019-12-31 | 2020-12-31 | $2,411,191 | $2,195,535 | $215,656 | $215,656 |
| FFTAM | P | 2020-01-01 | 2020-12-31 | $150 | -$150 | -$150 | |
| AT&T INC | P | 2010-05-20 | 2020-03-24 | $1,680 | $1,507 | $173 | $173 |
| FFTAM | P | 2019-01-01 | 2020-12-31 | $438 | -$438 | -$438 | |
| FHLMC GOLD POOL J26920 3.000% | P | 2016-07-08 | 2020-12-15 | $18,029 | $18,916 | -$887 | -$887 |
| FHLMC GOLD POOL U8-0181 3.00% | P | 2018-04-23 | 2020-12-15 | $17,460 | $17,215 | $245 | $245 |
| FHLMC GOLD POOL G30840 4.5% | P | 2016-01-19 | 2020-12-15 | $33,410 | $36,208 | -$2,798 | -$2,798 |
| FHLMC GOLD POOL G3-1087 4% | P | 2019-02-12 | 2020-12-15 | $55,734 | $57,520 | -$1,786 | -$1,786 |
| FHMS K014 3.871% | P | 2013-07-16 | 2020-09-25 | $36,563 | $39,190 | -$2,627 | -$2,627 |
| FHMS K015 A2 3.23% | P | 2012-08-16 | 2020-12-28 | $46,709 | $50,132 | -$3,423 | -$3,423 |
| FHMS K016 A2 2.9676% | P | 2019-01-01 | 2020-05-26 | $313,213 | $324,262 | -$11,049 | -$11,049 |
| FHMS KS01 A2 5.22% | P | 2019-05-13 | 2020-12-28 | $6,689 | $6,684 | $5 | $5 |
| FNMA POOL BM1878 4.00% | P | 2017-10-27 | 2020-12-28 | $38,123 | $40,535 | -$2,412 | -$2,412 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $38,368 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$129,879 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,941 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,941 | SubtotalAmt |
| Tax Based On Investment Income | $6,941 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,120 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $15,120 | TotalPaymentsAndCreditsAmt |
| Overpayment | $8,179 | OverpaymentAmt |
| Applied To ES Tax | $6,960 | AppliedToESTaxAmt |
| Refund | $1,219 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| 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 | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST FINANCIAL TRUST & ASSET MGMT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4323678910 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3555 BILLY HEXT RD | AddressLine1Txt |
| City | ODESSA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79765 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| FIRST FINANCIAL TRUST ASSET MGMT | ||||||||
| PO BOX 13980 | ODESSA | TX | 79768 | TRUSTEE | 10.00 | $120,481 | $0 | $0 |
| SANDRA ADAMS | ||||||||
| 601 N 18TH | LAMESA | TX | 79331 | ADMIN BOARD | 000.00 | $0 | $0 | $0 |
| ELWOOD FREEMAN | ||||||||
| PO BOX 534 | MIDLAND | TX | 79331 | ADMIN BOARD | 000.00 | $0 | $0 | $0 |
| NEALE ROY | ||||||||
| 1011 N 21ST | LAMESA | TX | 79331 | ADMIN BOARD | 000.00 | $0 | $0 | $0 |
| SCOTT LEONARD | ||||||||
| PO BOX 790 | LAMESA | TX | 79331 | ADMIN BOARD | 000.00 | $0 | $0 | $0 |
| REINHARD MCKINNEY | ||||||||
| 114 JUNIPER DR | LAMESA | TX | 79331 | ADMIN BOARD | 000.00 | $0 | $0 | $0 |
| JULIE TODD | ||||||||
| 1816 COUNTY RD 14 | LAMESA | TX | 79331 | ADMIN BOARD | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST FINANCIAL TRUST AND ASSET MGMT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 13980 | AddressLine1Txt |
| City | ODESSA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79768 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | TRUSTEE/INVEST | ServiceTypeTxt |
| Compensation | $120,481 | CompensationAmt |
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 | $482,163 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,358,965 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,132,328 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,973,456 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $14,973,456 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $224,602 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,748,854 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $737,443 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $737,443 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,941 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,941 | TotalTaxAmt |
| Distributable Before Adj | $730,502 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $730,502 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $730,502 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $572,571 | ExpensesAndContributionsAmt |
| Set Aside Cash Distri Test | $192,050 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $764,621 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $764,621 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $730,502 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $692,033 | UndistributedIncomePYAmt |
| Qualifying Distributions | $764,621 | QualifyingDistributionsAmt |
| Applied To Year1 | $692,033 | AppliedToYear1Amt |
| Applied To Current Year | $72,588 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $657,914 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ELWOOD FREEMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 301 | AddressLine1Txt |
| City | LAMESA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79331 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8068725457 | RecipientPhoneNum |
| Form And Info And Materials | DESCRIPTION OF PROJECT, PROJECT BUDGET, CURRENT FINANCIAL STATEMENTS, PROPOSED FUNDING SOURCES | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | PROJECTS BENEFITTING RESIDENTS OF DAWSON COUNTY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FIRST PRESBYTERIAN CHURCH | |||||||
| PO BOX 1126 | LAMESA | TX | 79331 | NON | PC | OPERATING | $63,796 |
| DAWSON ISD | |||||||
| 600 BROWNFIELD HWY | WELCH | TX | 79377 | NONE | GOV | LED LIGHTING / RENOVATION | $51,204 |
| LAMESA COMMUNITY PLAYERS INC | |||||||
| 214 N AUSTIN AVE | LAMESA | TX | 79331 | NONE | PC | BUILDING IMPROV - NEW ROOF | $40,425 |
| LAMESA ISD | |||||||
| 212 N HOUSTON AVE | LAMESA | TX | 79331 | NONE | GOV | ATHLETIC STADIUM RENOVATION | $150,000 |
| CITY OF LAMESA | |||||||
| 601 S 1ST | LAMESA | TX | 79331 | NONE | GOV | FIRE RESPONSE TRUCK | $124,780 |
| DAWSON MEDICAL FOUNDATION | |||||||
| 2200 N BRYAN AVE | LAMESA | TX | 79331 | NONE | GOV | EMERGENCY RESPONSE VEHICLE | $116,151 |
| LAMESA ECONOMIC DEV CORP | |||||||
| 123 MAIN AVE | LAMESA | TX | 79331 | NONE | GOV | BUILDING REMODEL | $13,167 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $559,523 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CITY OF LAMESA | |||||||
| 123 MAIN AVE | LAMESA | TX | 79331 | NONE | GOV | (2) POLICE PATROL VEHICLES | $129,446 |
| DAWSON COUNTY | |||||||
| PO BOX 1268 | LAMESA | TX | 79331 | NONE | GOV | PICKUP, EMERGENCY RESPONSE EQUIPMENT | $132,390 |
| LAMESA ISD | |||||||
| 212 N HOUSTON AVE | LAMESA | TX | 79331 | NONE | GOV | ATHLETIC STADIUM RENOVATION | $150,000 |
| DAWSON COUNTY SENIOR CITIZENS CTR | |||||||
| 611 N AUSTIN | LAMESA | TX | 79331 | NONE | PC | WALK-IN REFRIDGERATOR | $21,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $432,981 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $138,200 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $224,420 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $245,403 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $43,088 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS EXTRACTION | Desc |
| Business | 211110 | BusinessCd |
| Unrelated Business Taxbl Incm | $686 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $686 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $245,403 | ExclusionAmt |
| Related Or Exempt Function Incm | $405,708 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $651,797 | 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 | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,000 | Amt |
| Net Investment Income | $2,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,000 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,000 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
Contractor Business Name ContractorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST FINANCIAL TRUST AND ASSET MGMT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | TRUSTEE | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| IRRIGATION WELL | 2003-03-07 | $40,582 | $40,582 | S/L | 10.0000 |
| 7 TOWER PIVOT SYSTEM | 2003-04-15 | $35,252 | $35,252 | S/L | 10.0000 |
| IRRIGATION WELL | 2004-07-08 | $6,997 | $6,997 | S/L | 10.0000 |
| IRRIGATION PUMP & MOTOR | 2005-04-12 | $11,030 | $11,030 | S/L | 10.0000 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (19 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN TOWER CORP 2.1% | $49,883 | $51,320 |
| AMGEN INC 3.125% 5/01/2025 | $100,502 | $115,685 |
| APPLE INC 2.85% | $200,273 | $201,626 |
| BROADCOM CORP 3.0% | $260,445 | $280,578 |
| Q | $190,748 | $208,243 |
| GILEAD SCIENCES CORP 3.65% 1/30/2026 | ||
| INTEL CORP 3.10% | ||
| JUNIPER NETWORKS 5.95% | $117,397 | $131,620 |
| LOWES COS | $100,222 | $111,614 |
| MCDONALDS CORP 3.70% 1/30/2026 | ||
| NETAPP INC 1.875% | $200,891 | $208,904 |
| ROSS STORES INC 4.7% | $166,918 | $177,021 |
| SIMON PPTY GROUP LP 5.25% | ||
| STARBUCKS CORP | $179,579 | $199,155 |
| STRYKER CORP 3.50% 3/15/2026 | $169,832 | $197,810 |
| UNITED PARCEL SERVICE 5.125% | $143,318 | $162,111 |
| V F CORP 2.8% | $154,771 | $164,071 |
| WELLPOINT INC | ||
| WHIRLPOOL CORP 4.6% | $175,838 | $226,440 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (39 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN CAMPUS COMMUNITIES | $118,764 | $107,224 |
| AMERICAN ELECTRIC POWER CO INC | $84,082 | $105,253 |
| AMGEN INC | $177,973 | $241,876 |
| APPLE INC | $72,397 | $621,653 |
| AT&T INC | ||
| BLACKROCK INC | $142,859 | $342,731 |
| BLACKSTONE GROUP INC | $137,389 | $166,238 |
| BOEING CO | ||
| BROADCOMM INC | $231,462 | $317,879 |
| CHEVRON CORPORATION | $224,465 | $209,183 |
| CHUBB LIMITED | ||
| CISCO SYSTEMS | $103,379 | $211,712 |
| COCA COLA INC | $172,456 | $231,315 |
| CVS HEALTH CORP | $215,177 | $195,065 |
| DISCOVER FINANCIAL SERVICES | ||
| EATON CORP | $103,366 | $178,410 |
| HOME DEPOT | $104,856 | $205,059 |
| HONEYWELL INTERNATIONAL | $180,772 | $262,897 |
| INTEL CORP | $70,510 | $134,414 |
| JOHNSON & JOHNSON INC | $135,414 | $277,618 |
| JPMORGAN CHASE | $134,029 | $354,779 |
| KLA-TENCOR CORP | $93,005 | $220,332 |
| LOCKHEED MARTIN CORP | $91,856 | $211,923 |
| MCDONALDS CORP | $107,907 | $202,563 |
| MEDTRONIC PLC | $98,332 | $146,659 |
| MERCK & CO | $178,655 | $286,382 |
| MICROSOFT CORP | $81,074 | $631,895 |
| MONDELEZ INTL INC | $173,200 | $242,417 |
| NIKE CLASS B | $111,346 | $270,774 |
| NOVARTIS AG SPON ADR | $108,615 | $196,603 |
| PEPSICO INC | $117,640 | $237,577 |
| PNC FINANCIAL SERVICES | $34,028 | $102,512 |
| PPL CORPORTION | ||
| ROYAL DUTCH SHELL PLC | ||
| STARBUCKS CORP | $147,158 | $286,920 |
| STORE CAPITAL CORP | $148,539 | $200,652 |
| THE WALT DISNEY COMPANY | $177,352 | $317,246 |
| TOTAL SPONSORED ADR | ||
| VERIZON COMM | $127,455 | $145,817 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,567,975 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,595,192 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $515,633 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $530,560 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BLACKROCK CREDIT STRATEGIES | AT COST | ||
| BLACKROCK FDS V CR STRG | $238,061 | $263,699 | |
| DOUBLELINE TOTAL RETURN | AT COST | $156,773 | $155,294 |
| VANGUARD TOTAL BOND MARKET IDX ADM | AT COST | ||
| VANGUARD INTM-TERM IG-ADM | AT COST | $311,732 | $324,239 |
| VANGUARD SHORT-TERM IG FUND ADM | AT COST | $236,605 | $243,623 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| FARMLAND INPROVEMENTS | $93,861 | $93,861 | ||
| 2326 ACRES DAWSON COUNTY | $1,228,233 | $1,228,233 | $1,693,090 | |
| 744 ACRES GAINES COUNTY | $177,500 | $177,500 | $377,600 | |
| 1/8 UI WICHITA COUNTY | $13,130 | $13,130 | $20,629 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS MINERAL INTERESTS | Desc |
| BOY Book Value | $55,420 | BOYBookValueAmt |
| EOY Book Value | $54,197 | EOYBookValueAmt |
| EOYFMV | $23,009 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| AGRICULTURE RENTS | |||
| FARM CHEMICALS | -$144 | -$144 | -$144 |
| FERTILIZER | $5,132 | $5,132 | $5,132 |
| INSURANCE | $12,714 | $12,714 | $12,714 |
| REPAIRS | $4,593 | $4,593 | $4,593 |
| SEED | $6,964 | $6,964 | $6,964 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OIL & GAS EXTRACTION | Desc |
| Revenue And Expenses Per Books | $686 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $686 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OIL & GAS EXTRACTION | $1,569 | $1,569 | |
| OIL & GAS ROYALTIES | $358 | $358 | $358 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FOREIGN TAX ON INVESTMENTS | $5,356 | $5,356 | $5,356 |
| FEDERAL EXCISE TAX | $19,213 | $19,213 | $19,213 |
| OIL & GAS EXTRACTION | $77 | $77 | |
| AGRICULTURE RENTS | $10,476 | $10,476 | $10,553 |
| OIL & GAS ROYALTIES | $543 | $543 | $11,096 |
Comments