AGECROFT ASSOCIATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- AGECROFT ASSOCIATION (EIN 54-0805729)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-08-31
- IRS object ID
- 202142439349100509
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-31T10:21:45-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541631262 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEITERSTEPHENSHURSTGARY & SHREAVESPC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4401 DOMINION BLVD | AddressLine1Txt |
| City | GLEN ALLEN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23060 | 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 | 540805729 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE AGECROFT ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AGEC | BusinessNameControlTxt |
| Phone | 8043534241 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4305 SULGRAVE ROAD | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23221 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH D THORNTON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8043534241 | PhoneNum |
| Signature | 2021-08-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSEPH | PersonFirstNm |
| Person Last | THORNTON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VIRGINIA R BELCHER | PreparerPersonNm |
| PTIN | P00421964 | PTIN |
| Phone | 8047470000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $22,505,551 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,046,278 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $293,430 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $293,430 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $293,430 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $3,817 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $3,817 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $3,817 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $3,817 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $3,272,383 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,272,383 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,272,383 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $2,606 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $1,292 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $1,314 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $1,314 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $31,785 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $31,785 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $4,649,007 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,569,630 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $330,346 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,670 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,207 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $12,183 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $107,280 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $513,028 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $5,130 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $51,796 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $456,102 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $123,214 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $1,232 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $12,440 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $109,542 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,650 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $257 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $2,590 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $22,804 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $73,197 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $68,369 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $492 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,336 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $36,591 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $366 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $3,694 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $32,531 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $70,587 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $70,587 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $45,924 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $4,683 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $41,241 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,216 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $328 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,888 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $208,698 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $58 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $21,276 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $187,370 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,220,775 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $76,619 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $180,069 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $964,094 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,220,775 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $76,619 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $180,069 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $964,094 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,428,232 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,493,011 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $150,277 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $306,507 | CashBOYAmt |
| Cash EOY | $410,066 | CashEOYAmt |
| Cash EOYFMV | $410,066 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $165,009 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $705,254 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $705,254 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $20,811 | InventoriesBOYAmt |
| Inventories EOY | $20,966 | InventoriesEOYAmt |
| Inventories EOYFMV | $20,966 | InventoriesEOYFMVAmt |
| Corporate Stock BOY | $10,486,058 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,760,076 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,760,076 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,014,628 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,913,091 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,913,091 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $647,566 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,042,920 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,042,920 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,152,384 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,499,206 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $5,723,765 | LandBOYAmt |
| Land EOY | $5,653,178 | LandEOYAmt |
| Land EOYFMV | $5,653,178 | LandEOYFMVAmt |
| Total Assets BOY | $20,364,344 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,505,551 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,505,551 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $14,844 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $14,844 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $14,625,735 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $16,852,373 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $5,723,765 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $5,653,178 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,349,500 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $22,505,551 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,364,344 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $22,505,551 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,349,500 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,428,232 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,777,732 | SubtotalAmt |
| Other Decreases | $1,272,181 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $22,505,551 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SALE OF INVESTMENT | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $3,272,383 | GrossSalesPriceAmt |
| Gain Or Loss | $3,272,383 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $3,272,383 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,272,383 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1987-03-10 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.AGECROFTHALL.ORG | WebsiteAddressTxt |
| Individual With Books | EMILY JONES | IndividualWithBooksNm |
| Phone | 8043534241 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4305 SULGRAVE RD | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|
| ANNE KENNY-URBAN | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | EXECUTIVE DIRECTOR | 40.00 | $94,419 | $26,251 | $0 |
| JOSEPH D THORNTON | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| KAREN KONVICKA | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | PAST PRESIDENT | 1.00 | $0 | $0 | $0 |
| C LUNSFORD JOHNSON | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | VICE PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| ANDREA FISHER ERDA | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KATHERINE MARTIN | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| H FREDERICK MOORE | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID NAGLE | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| CAROLINE ORLANDO | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID ROUTT | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | DIRECTOR | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| JOSEPH DAY | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | HEAD OF HORTICULTURE | 40.00 | $45,158 | $13,839 | $0 |
| JILL PESESKY | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | CURATOR OF EDUCATION | 40.00 | $42,780 | $13,819 | $0 |
| EMILY JONES | ||||||||
| 4305 SULGRAVE ROAD | RICHMOND | VA | 23221 | BUSINESS MANAGER | 40.00 | $45,300 | $7,172 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 830269 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75283 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $68,369 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE ASSOCIATION OPERATES AND MAINTAINS AGECROFT HALL, A 16TH CENTURY ENGLISH MANOR HOUSE WHICH IS OPEN TO THE PUBLIC. AGECROFT HALL HAD APPROXIMATELY 7,758 TOTAL VISITORS IN 2020, OF WHICH 5,772 TOURED THE HOUSE AND GARDENS. ATTENDANCE WAS DOWN SIGNIFICANTLY IN 2020 DUE TO THE COVID-19 PANDEMIC AND IS EXPECTED TO REBOUND IN 2021 AS SOCIAL DISTANCING RESTRICTIONS EASE. | Description1Txt |
| Expenses1 | $1,119,330 | Expenses1Amt |
| Description2 | THE ASSOCIATION SPONSORS EDUCATIONAL LECTURES AND OTHER EVENTS RELATING TO ITS EXEMPT PURPOSE. IN 2020, AGECROFT SPONSORED PROGRAMS WHICH WERE ATTENDED BY APPROXIMATELY 417 PEOPLE. AS STATED PREVIOUSLY, ATTENDANCE WAS DOWN SIGNIFICANTLY IN 2020 DUE TO THE COVID-19 PANDEMIC AND IS EXPECTED TO REBOUND IN 2021 AS SOCIAL DISTANCING RESTRICTIONS EASE. | Description2Txt |
| Expenses2 | $26,739 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,516,557 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $767,852 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,284,409 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,284,409 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $229,266 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,055,143 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $752,757 | 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 | $964,094 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $964,094 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $964,094 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1975-11-10 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $150,277 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $49,210 | Year2Amt |
| Year3 | $64,230 | Year3Amt |
| Total | $263,717 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $127,735 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $41,829 | Year2Amt |
| Year3 | $54,596 | Year3Amt |
| Total | $224,159 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $964,094 | CurrentYearAmt |
| Year1 | $768,777 | Year1Amt |
| Year2 | $841,016 | Year2Amt |
| Year3 | $834,155 | Year3Amt |
| Total | $3,408,042 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $964,094 | CurrentYearAmt |
| Year1 | $768,777 | Year1Amt |
| Year2 | $841,016 | Year2Amt |
| Year3 | $834,155 | Year3Amt |
| Total | $3,408,042 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $501,838 | CurrentYearAmt |
| Year1 | $448,975 | Year1Amt |
| Year2 | $440,578 | Year2Amt |
| Year3 | $406,947 | Year3Amt |
| Total | $1,798,338 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| ADMISSIONS | $24,410 |
| EDUCATION | $7,375 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $293,430 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $3,817 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,272,383 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,314 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,569,630 | ExclusionAmt |
| Related Or Exempt Function Incm | $33,099 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,602,729 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1A | THE AGECROFT ASSOCIATION OPERATES AND MAINTAINS AGECROFT HALL AND ITS GROUNDS AS A MUSEUM, ART GALLERY, AND CENTER FOR OTHER CULTURAL EVENTS RELATED TO ITS EXEMPT PURPOSE. ADMISSIONS INCOME IS DERIVED FROM VISITORS TO AGECROFT HALL WHO THEREBY PARTICIPATE IN PRESERVATION OF THIS UNIQUE HISTORIC BUILDING. |
| 1B | EDUCATION/DEVELOPMENT INCOME IS DERIVED FROM EDUCATIONAL PROGRAMS RELATED TO AGECROFT HALL. |
| 10 | SALES OF GIFT SHOP ITEMS RELATING TO THE EXEMPT PURPOSE OF AGECROFT HALL. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| TC WILLIAMS TRUST | ||||||
| 1 | BANK OF AMERICA 12TH MAIN ST | RICHMOND | VA | 23219 | $335,633 | Yes (X) |
| WILLIAM S MASSIE TRUST | ||||||
| 2 | BANK OF AMERICA 12TH MAIN ST | RICHMOND | VA | 23219 | $546,573 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,650 | Amt |
| Net Investment Income | $257 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,590 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $22,804 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME BONDS | BondNm |
| EOY Book Value | $2,913,091 | EOYBookValueAmt |
| EOYFMV | $2,913,091 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MUTUAL FUNDS | $2,774,638 | $2,774,638 |
| COMMON STOCK | $8,985,438 | $8,985,438 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | HEDGE FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $1,042,920 | BookValueAmt |
| EOYFMV | $1,042,920 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS | Desc |
| Amt | $1,272,181 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMISSIONS FEES | $679 | $0 | $69 | $610 |
| ADVERTISING | $12,326 | $0 | $1,257 | $11,069 |
| BANK FEES | $5,763 | $58 | $582 | $5,124 |
| CONSERVATION | $7,325 | $0 | $747 | $6,578 |
| DUES & SUBSCRIPTIONS | $7,041 | $0 | $718 | $6,323 |
| EDUCATION PROGRAM | $13,251 | $0 | $1,351 | $11,900 |
| INSURANCE | $59,728 | $0 | $6,091 | $53,637 |
| MISCELLANEOUS EXPENSES | $1,156 | $0 | $118 | $1,043 |
| POSTAGE | $1,634 | $0 | $167 | $1,467 |
| REPAIRS & MAINTENANCE | $56,515 | $0 | $5,763 | $50,752 |
| SUPPLIES | $3,779 | $0 | $385 | $3,394 |
| HORTICULTURE | $38,453 | $0 | $3,921 | $34,532 |
| SMALL EQUIPMENT | $1,048 | $0 | $107 | $941 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ADMISSIONS | $24,410 | $24,410 |
| EDUCATION | $7,375 | $7,375 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| AGENCY ACCOUNT FEES | $68,369 | $68,369 | $0 | $0 |
| PROFESSIONAL SERVICES | $4,828 | $0 | $492 | $4,336 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| TC WILLIAMS TRUST | |||
| BANK OF AMERICA 12TH MAIN ST | RICHMOND | VA | 23219 |
| WILLIAM S MASSIE TRUST | |||
| BANK OF AMERICA 12TH MAIN ST | RICHMOND | VA | 23219 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $36,591 | Amt |
| Net Investment Income | $366 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,694 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $32,531 | DisbursementsCharitablePrpsAmt |
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