FOUNDATIONS OF EAST CHICAGO INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATIONS OF EAST CHICAGO INC (EIN 20-8445003)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-04
- IRS object ID
- 202041259349101474
- Schema version
- 2019v5.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-04T12:23:20-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA Whittaker & Associates | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E 5th Avenue Suite A | AddressLine1Txt |
| City | Gary | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208445003 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATIONS OF EAST CHICAGO INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 2193924225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 463123308 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROSA PENA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2193924225 | PhoneNum |
| Signature | 2020-04-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CURTIS A WHITTAKER CPA | PreparerPersonNm |
| PTIN | P00629216 | PTIN |
| Phone | 2198800850 | PhoneNum |
| Preparation | 2020-05-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $34,353,455 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,590,741 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $21 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $766,898 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $766,898 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $446,009 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,969,292 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $446,147 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $50,000 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $4,853,669 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,213,045 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $223,678 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $22,368 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $285,730 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $17,144 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $159,264 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $9,556 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $146,057 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $27,747 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $69,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,155 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $78,492 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $49,419 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $22,887 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $13,535 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,353 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $63,132 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,313 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $5,847 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $295,530 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $171,773 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,389,934 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $283,296 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,034,612 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,983,781 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,424,546 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $283,296 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,983,781 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $429,123 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $929,749 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,350,149 | CashBOYAmt |
| Cash EOY | $2,303,628 | CashEOYAmt |
| Cash EOYFMV | $2,303,628 | CashEOYFMVAmt |
| Acct Rcvbl | $349,793 | AcctRcvblAmt |
| Acct Rcvbl BOY | $339,754 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $349,793 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $349,793 | AcctRcvblEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Prepaid Expenses BOY | $22,424 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $38,888 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $38,888 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $14,750,821 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,269,970 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,269,970 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,887,191 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,209,586 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,209,586 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land Bldg Equip Cost Or Other Bss | $156,197 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $128,759 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $23,809 | LandBOYAmt |
| Land EOY | $27,438 | LandEOYAmt |
| Land EOYFMV | $27,438 | LandEOYFMVAmt |
| Other Assets BOY | $5,066,822 | OtherAssetsBOYAmt |
| Other Assets EOY | $5,154,152 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $5,154,152 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $30,440,970 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,353,455 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $34,353,455 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $89,927 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $67,625 | AccountsPayableEOYAmt |
| Grants Payable BOY | $166,382 | GrantsPayableBOYAmt |
| Grants Payable EOY | $217,215 | GrantsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $501,968 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $501,747 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $758,277 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $786,587 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $29,682,693 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $33,566,868 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,682,693 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $33,566,868 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $30,440,970 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $34,353,455 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,682,693 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $429,123 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,455,052 | OtherIncreasesAmt |
| Subtotal | $33,566,868 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $33,566,868 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Various investment securities and bonds | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2018-01-01 | AcquiredDt |
| Sold | 2019-12-15 | SoldDt |
| Gross Sales Price | $8,969,292 | GrossSalesPriceAmt |
| Depreciation | $0 | DepreciationAmt |
| Cost Or Other Basis | $8,523,145 | CostOrOtherBasisAmt |
| Gain Or Loss | $446,147 | GainOrLossAmt |
| FMV As Of123169 | $0 | FMVAsOf123169Amt |
| Adjusted Basis As Of123169 | $0 | AdjustedBasisAsOf123169Amt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $446,147 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $446,147 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,148,588 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,487,980 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.863587 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,024,553 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,750,750 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.736000 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,215,981 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,792,918 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.793429 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,728,745 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,089,900 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.883118 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,232,572 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,872,105 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.125506 | DistributionYr5Rt |
| Total Distribution | 4.401640 | TotalDistributionRt |
| Average Distribution | 0.880328 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $3,280,658 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,888,055 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,297 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,897,352 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,983,781 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $9,297 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,297 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,297 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$20,000 | OriginalReturnOverpaymentAmt |
| Overpayment | $10,703 | OverpaymentAmt |
| Applied To ES Tax | $10,703 | AppliedToESTaxAmt |
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 | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.foundationsec.org | WebsiteAddressTxt |
| Individual With Books | ROSA PENA | IndividualWithBooksNm |
| Phone | 2193924225 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH VERDUZCO | ||||||||
| 2310 PURDUE DRIVE | EAST CHICAGO | IN | 46312 | VICE PRESIDENT | 2.77 | $14,400 | $0 | $0 |
| NADYNE KOKOT | ||||||||
| 4018 Deodar Street | EAST CHIAGO | IN | 46312 | MEMBER | 3.38 | $14,000 | $0 | $0 |
| SYLVIA MORRISROE | ||||||||
| 4345 E Guadalupe Circle | EAST CHICAGO | IN | 46312 | SECRETARY | 3.12 | $14,400 | $0 | $0 |
| GEORGE WEEMS | ||||||||
| 4311 Franklin Street | EAST CHICAGO | IN | 46312 | PRESIDENT | 18.77 | $30,000 | $0 | $0 |
| MARIO PALACIOS | ||||||||
| 1210 W 151st Street | EAST CHICAGO | IN | 46312 | TREASURER | 1.19 | $9,300 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ROSA PENA | ||||||||
| 5006 TODD AVENUE | EAST CHICAGO | IN | 46312 | EXEC DIRECTOR | 45.00 | $102,594 | $8,909 | $1,200 |
| ALEXIS JIMINEZ | ||||||||
| 1805 SHERIDAN AVENUE | WHITING | IN | 46394 | ADMINISTRATIVE ASSIS | 50.00 | $64,105 | $2,973 | $0 |
| JANET WOZNIAK | ||||||||
| 890 Jordan Circle | SCHERERVILLE | IN | 46375 | PROGRAM MANAGER | 50.00 | $62,371 | $5,482 | $0 |
| TEREKA BOONE | ||||||||
| 2645 CARDINAL DRIVE | EAST CHICAGO | IN | 46312 | EDUCATION PROGRAM DI | 50.00 | $52,804 | $2,991 | $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 | BARNES & THORNBURG LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 SOUTH MERIDIAN STREET | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL | ServiceTypeTxt |
| Compensation | $155,158 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,075,197 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $255,420 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,330,617 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,330,617 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $49,959 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,280,658 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $164,033 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $164,033 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,297 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,297 | TotalTaxAmt |
| Distributable Before Adj | $154,736 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $154,736 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $154,736 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,983,781 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,983,781 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,297 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,974,484 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $154,736 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $3,130,517 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,584,160 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,083,711 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,922,251 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,044,013 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $11,764,652 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,983,781 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $154,736 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,829,045 | RemainingDistriFromCorpusAmt |
| Total Corpus | $14,593,697 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $3,130,517 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,463,180 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,584,160 | ExcessFromYear4Amt |
| Excess From Year3 | $2,083,711 | ExcessFromYear3Amt |
| Excess From Year2 | $1,922,251 | ExcessFromYear2Amt |
| Excess From Year1 | $2,044,013 | ExcessFromYear1Amt |
| Excess From Current Year | $2,829,045 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ROSA PENA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2193924225 | RecipientPhoneNum |
| Form And Info And Materials | REQUESTS FOR GRANTS AND/OR DONATIONS ARE MADE TO THE BOARD OF DIRECTORS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | DEADLINES VARY | SubmissionDeadlinesTxt |
| Restrictions On Awards | QUALIFIED APPLICANT MUST BE CLASSIFIED AS A LEGITIMATE 501(C)3 EXEMPT ORGANIZATION | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $2,817,397 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,817,397 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $217,215 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $217,215 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $766,898 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $446,009 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,212,928 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,212,928 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | n/a | LineNumberTxt |
| Relationship Statement | n/a | RelationshipStatementTxt |
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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail (2 entries)
| Organization TypeOrganizationTypeDesc | Relationship DescriptionRelationshipDescriptionTxt |
|---|---|
| North Harbor Property Inc (NHPI) | |
| 501 (c) 2 | Wholly owned subsidiary |
| FEC Holdings Inc | |
| 501 (c) 2 | Wholly owned subsidiary |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERISTAR EAST CHICAGO | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 AMERISTAR BLVD | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,590,741 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SEEHAUSEN ACCOUNTING | $41,250 | $2,475 |
| WHITTAKER & COMPANY AUDITING | $28,000 | $1,680 |
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 | Accumulated DepreciationAccumulatedDepreciationAmt | Basis MethodBasisMethodTxt |
|---|---|---|---|---|---|---|---|
| FOUNDATIONS | |||||||
| COMPUTER EQUIPMENT | Purchased | 2019-12 | $0 | $15,755 | -$138 | $15,617 | |
| various | |||||||
| various investmenet securities and bonds | Purchased | $8,969,292 | $8,523,145 | $446,147 | FMV | ||
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds and Debt | BondNm |
| EOY Book Value | $8,209,586 | EOYBookValueAmt |
| EOYFMV | $8,209,586 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Mutual Funds, Domestic and Foreign Stocks | StockNm |
| EOY Book Value | $18,269,970 | EOYBookValueAmt |
| EOYFMV | $18,269,970 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER EQUIPMENT | $36,053 | $19,337 | $16,716 |
| FURNITURE & FIXTURES | $63,002 | $61,319 | $1,683 |
| LEASEHOLD IMPROVEMENTS | $42,823 | $36,981 | $5,842 |
| OFFICE EQUIPMENT | $14,319 | $11,122 | $3,197 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BARNES & THORNBURG LEGAL | CategoryTxt |
| Legal Fees | $146,057 | LegalFeesAmt |
| Net Investment Income | $27,747 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (8 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH HARBOR RECEIVABLE | $350,000 | $350,000 | $350,000 |
| NOTES RECEIVABLE-NCT | $300,000 | $300,000 | $300,000 |
| ACCOUNTS RECEIVABLE-NORTH HARBOR | $898,063 | $898,062 | $898,062 |
| ACCRUED INVESTMENT-RELATED | $1,443,669 | $1,531,000 | $1,531,000 |
| LOAN RECEIVABLE-NHPI | $1,500,000 | $1,500,000 | $1,500,000 |
| DUE FROM NORTH HARBOR | $500,000 | $500,000 | $500,000 |
| INVESTMENT IN NEW CARDINAL TERRACE | $35,090 | $35,090 | $35,090 |
| FEES DUE FROM NORTH HARBOR | $40,000 | $40,000 | $40,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER MISCELLANEOUS | $17,436 | |
| STRATEGIC PLANNING | $945 | |
| COMMUNICATIONS EXPENSE | $5,251 | |
| MAINTENANCE | $6,992 | |
| INSURANCE | $19,864 | |
| PROMOTIONS & MARKETING | $54,846 | |
| SUPPLIES | $14,906 | |
| POSTAGE & DELIVERY | $3,517 | |
| INVESTMENT EXPENSES | $171,773 | $171,773 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC INCOME | Desc |
| Revenue And Expenses Per Books | $50,000 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized gains on investments | Desc |
| Amt | $3,455,052 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES-AFLAC,SIT | $1,968 | $1,747 |
| NOTE PAYABLE-FEDERAL HOME LOAN BANK | $500,000 | $500,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| SDMG LLC WEBSITE CONSULTANT | $4,239 |
| BLACKBAUD Gifts maintenance | $24,124 |
| SHIRLEY ROBERTS cleaning service | $2,699 |
| MORGAN BIRGE COMPUTER CONSULTANTS | $10,320 |
| IUN CONTRACTUAL | $19,000 |
| DENISE DILLARD SCHOLARSHIP CONSULTANT | $6,900 |
| SPARKS/DUNELAND GRANT MAKER | $7,100 |
| SPARKS/DUNELAND STRATEGIC PLAN | $4,110 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PAYROLL TAXES | $29,479 | $2,947 |
| EXCISE TAXES | $19,940 | $19,940 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| North Harbor LP | ||||||
| 3419 Indiana Harbor Drive | East Chicago | IN | 46312 | 352156991 | n/a | $0 |
| FEC Holdings Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462487908 | n/a | $0 |
| North Harbor Property Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 300047909 | n/a | $0 |
| North Harbor Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 352156992 | n/a | $0 |
| New Cardinal Terrace LLC | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462460664 | n/a | $0 |
| FEC Management Inc | ||||||
| 100 W Chicago Ave | East Chicago | IN | 46312 | 462460664 | n/a | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |