GEISLER PENQUITE CORPORATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GEISLER PENQUITE CORPORATION (EIN 23-7103845)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-15
- IRS object ID
- 202011979349101251
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-15T08:16:41-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OTTO LAW OFFICE PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 W 2ND ST N | AddressLine1Txt |
| City | NEWTON | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50208 | 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 | 237103845 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GEISLER-PENQUITE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GEIS | BusinessNameControlTxt |
| Phone | 6417912874 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DAN SKOKAN PO BOX 924 | AddressLine1Txt |
| City | NEWTON | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50208 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAN SKOKAN | PersonNm |
| Person Title | PRESIDENT/TREASURER | PersonTitleTxt |
| Phone | 6417912874 | PhoneNum |
| Signature | 2020-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mark A Otto | PreparerPersonNm |
| PTIN | P00060121 | PTIN |
| Phone | 6417927000 | PhoneNum |
| Preparation | 2020-07-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 97.64.154.202 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-07-15 | IPDt |
| IP Tm | 08:16:36 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 64B5534DBC2E994ADEE61F394AA6F26F36BB8ABD | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 64B5534DBC2E994ADEE61F394AA6F26F36BB8ABD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,103,478 | 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 | $20,000 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $19,544 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $19,544 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $177,513 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $177,513 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $177,513 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $142,839 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $142,839 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $142,839 | GrossRentsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $100,898 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,087,395 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $100,898 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $2,937 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $327 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $327 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $327 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $441,577 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $441,121 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $343,160 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $800 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $800 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $800 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $33,859 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $33,859 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $33,859 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $8,298 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,298 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $8,298 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $37,209 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $37,209 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $37,209 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $80,166 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $80,166 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $80,166 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $565,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $565,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $645,166 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $80,166 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $80,166 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $565,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$203,589 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $360,955 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $262,994 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $208,344 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $74,797 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $74,797 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $2,642,961 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,642,961 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,784,307 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,849,851 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,849,851 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,755,742 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $1,964,912 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,964,912 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,484,026 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $3,520 | OtherAssetsBOYAmt |
| Other Assets EOY | $4,606 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,606 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,669,588 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,537,127 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,103,478 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $7,669,588 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,537,127 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,669,588 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,537,127 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,669,588 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,537,127 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,669,588 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$203,589 | ExcessRevenueOverExpensesAmt |
| Other Increases | $71,128 | OtherIncreasesAmt |
| Subtotal | $7,537,127 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,537,127 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NORTHERN TRUST SHORT TERM | P | 2019-01-01 | 2019-12-31 | $210,984 | $0 | $208,047 | $2,937 | $0 | $0 | $0 | $2,937 |
| NORTHERN TRUST LONG TERM | P | 2018-12-31 | 2019-12-31 | $849,060 | $0 | $778,450 | $70,610 | $0 | $0 | $0 | $70,610 |
| NORTHERN TRUST CAPITAL GAIN DISTRIBUTIONS | P | 2018-12-31 | 2019-12-31 | $27,351 | $0 | $0 | $27,351 | $0 | $0 | $0 | $27,351 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $100,898 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $2,937 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $596,059 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,046,159 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049481 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $595,860 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $12,145,265 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049061 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $595,457 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $11,891,765 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.050073 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $593,728 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $12,229,889 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048547 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $510,713 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $11,728,246 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.043546 | DistributionYr5Rt |
| Total Distribution | 0.240708 | TotalDistributionRt |
| Average Distribution | 0.048142 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $12,106,924 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $582,852 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,610 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $586,462 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $565,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,219 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,219 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,219 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,944 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,944 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $3,944 | OriginalReturnTaxPaidAmt |
| Tax Due | $3,275 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DAN SKOKAN | IndividualWithBooksNm |
| Phone | 6417912874 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 924 | AddressLine1Txt |
| City | NEWTON | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50208 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| DAN SKOKAN | ||||||||
| PO BOX 924 | NEWTON | IA | 50208 | PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| MAUREEN TIMMER | ||||||||
| 908 MONROE ST | PELLA | IA | 50219 | SECRETARY | 1.00 | $0 | $0 | $0 |
| NOREEN OTTO | ||||||||
| 1110 S 6TH AVE W | NEWTON | IA | 50208 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| EUGENE KNOPH | ||||||||
| 208 N 2ND AVE W | NEWTON | IA | 50208 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ERIC SICKLER | ||||||||
| 164 DELFT DR | PELLA | IA | 50219 | VICE CHAIR | 1.00 | $0 | $0 | $0 |
| JOHN ROSLIEN | ||||||||
| C/O 210 E UNIVERSITY | PELLA | IA | 50219 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SHERI ROSLIEN | ||||||||
| C/O 210 E UNIVERSITY | PELLA | IA | 50219 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,147,780 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $135,793 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,007,720 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,291,293 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $12,291,293 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $184,369 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,106,924 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $605,346 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $605,346 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,219 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,219 | TotalTaxAmt |
| Distributable Before Adj | $598,127 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $598,127 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $598,127 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $565,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $565,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $565,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $598,127 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $563,934 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $565,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $563,934 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,066 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $597,061 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DAN SKOKAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 924 | AddressLine1Txt |
| City | NEWTON | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6417912874 | RecipientPhoneNum |
| Form And Info And Materials | LETTER WHICH STATES AMOUNT OF REQUEST AND CHARITABLE PURPOSE FOR THE REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ISU EXTENSION AND OUTREACH | ||||||
| 550 N 2ND AVE W | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| GREATER DES MOINES HABITAT FOR HUMANITY | ||||||
| PO BOX 782 | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| JASPER COUNTY HISTORICAL SOCIETY | ||||||
| 1700 S 15TH AVE W | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| NEWTON DOLLARS FOR SCHOLARS | ||||||
| 2683 HWY S74 S | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| NEWTON YMCA | ||||||
| 1701 S 8TH AVE E | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| PROGRESS INDUSTRIES FOUNDATAION | ||||||
| 1017 E 7TH ST N | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| PROJECT AWAKE | ||||||
| 3000 N 4TH AVE E | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| WESLEY PARK CENTRE ASSISTED LIVING | ||||||
| 500 1ST ST N | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| BAXTER COMMUNITY EDUCATIONAL | ||||||
| 202 E STATE STREET | BAXTER | IA | 50028 | PUBLIC | ENDOWMENT FUND | $14,125 |
| CENTRAL COLLEGE | ||||||
| 812 UNIVERSITY ST | PELLA | IA | 50219 | PUBLIC | ENDOWMENT FUND | $339,000 |
| CENTRE FOR ARTS AND ARTISTS | ||||||
| PO BOX 5 | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| COLFAX-MINGO SCHOLARSHIPS | ||||||
| 11565 N 4TH AVE W | COLFAX | IA | 50054 | PUBLIC | ENDOWMENT FUND | $14,125 |
| MERCY HOSPICE | ||||||
| 204 N 4TH AVE E | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| IOWA SCULPTURE FESTIVAL | ||||||
| 1109 E 16TH ST S | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| JASPER COMMUNITY FOUNDATION-MINGO | ||||||
| PO BOX 925 | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| JASPER COUMMUNITY FOUNDATION-NEWTON | ||||||
| PO BOX 925 | NEWTON | IA | 50208 | PUBLIC | ENDOWMENT FUND | $14,125 |
| TEEN CHALLENGE OF THE MIDLANDS | ||||||
| 900 N LEAGUE RD | COLFAX | IA | 50054 | PUBLIC | ENDOWMENT FUND | $14,125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $565,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,000 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $177,513 | ExclusionAmt |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $105,630 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $100,898 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd |
|---|---|
| INV | 14 |
| INV | 14 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $404,041 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $404,041 | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| NORTHERN TRUST SHORT TERM | 2019-01 | 2019-12 | $210,984 | $208,047 | $2,937 |
| NORTHERN TRUST LONG TERM | 2018-12 | 2019-12 | $849,060 | $778,450 | $70,610 |
| NORTHERN TRUST CAPITAL GAIN DISTRIBUTIONS | 2018-12 | 2019-12 | $27,351 | $0 | $27,351 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | NORTHERN TRUST | BondNm |
| EOY Book Value | $2,849,851 | EOYBookValueAmt |
| EOYFMV | $2,755,742 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NORTHERN TRUST | StockNm |
| EOY Book Value | $2,642,961 | EOYBookValueAmt |
| EOYFMV | $3,784,307 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 5 ACRE BLDG SITE | $19,636 | $50,000 |
| COMMODITIES | $309,955 | $251,475 |
| 354.9 ACRES AGRICULTURAL PROPERTY | $1,554,250 | $2,910,180 |
| 13.8 ACRES ROADS, DITCHES, WATERWAYS | $0 | $0 |
| REAL ESTATE FUNDS | $81,071 | $224,831 |
| 249.7 ACRES AGRICULTURAL PROPERTY | $0 | $2,047,540 |
| 19 ACRES ROADS, DITCHES, WATERWAYS | $0 | $0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BROWN WINNICK CORPORATE | $0 | $0 | $0 |
| OTTO LAW OFFICE TAX PREP | $800 | $800 | $800 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FARM ACCOUNT | Desc |
| BOY Book Value | $3,520 | BOYBookValueAmt |
| EOY Book Value | $4,606 | EOYBookValueAmt |
| EOYFMV | $4,606 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FARM RENTAL EXPENSES | Desc |
| Revenue And Expenses Per Books | $37,209 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $37,209 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $37,209 | AdjustedNetIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SEC 1411 NET INV INC | Desc |
| Revenue And Expenses Per Books | $327 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $327 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $327 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJ TO BASIS | Desc |
| Amt | $71,128 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NORTHERN TRUST INVESTMENT | CategoryTxt |
| Amt | $33,859 | Amt |
| Net Investment Income | $33,859 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $33,859 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FOREIGN | $4,255 | $4,255 | $4,255 |
| INSURANCE | $298 | $298 | $298 |
| FEDERAL TAX | $3,745 | $3,745 | $3,745 |
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