PHYLLIS AND MAX REYNOLDS FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- PHYLLIS AND MAX REYNOLDS FOUNDATION INC (EIN 38-3354883)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-27
- IRS object ID
- 202013019349100101
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-27T07:45:08-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382806590 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAKELA TOUTANT HILL NARDI & KATONA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 W BLUFF STREET | AddressLine1Txt |
| City | MARQUETTE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49855 | 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 | 383354883 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHYLLIS & MAX REYNOLDS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHYL | BusinessNameControlTxt |
| Phone | 9062264045 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RANGE BANK 100 N FRONT STREET | AddressLine1Txt |
| City | MARQUETTE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49855 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT J TOUTANT | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9062264045 | PhoneNum |
| Signature | 2020-10-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBIN RAUVALA CPA | PreparerPersonNm |
| PTIN | P00070626 | PTIN |
| Phone | 9062283600 | PhoneNum |
| Preparation | 2020-10-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 71.13.97.2 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-20 | IPDt |
| IP Tm | 10:12:17 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C34178C4AD196BEDDF05D8A64894AD230430D76C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | ED16A8CD629A649499B569876F265A38B76BDBDB | 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 | $1,906,039 | 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 | $2,169 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,169 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $33,902 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $33,902 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $36,455 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $101,935 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $36,455 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $72,526 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $72,526 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,735 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,735 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $11,722 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,722 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,377 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,834 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,457 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $86,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $86,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $100,834 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,457 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $86,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$28,308 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $59,069 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $145 | CashBOYAmt |
| Cash EOY | $178 | CashEOYAmt |
| Cash EOYFMV | $178 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $73,248 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $102,564 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $102,564 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $927,017 | CorporateStockBOYAmt |
| Corporate Stock EOY | $888,414 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,477,700 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $243,590 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $231,697 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $233,364 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $79,924 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $72,738 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $92,233 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $33 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,323,957 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,295,591 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,906,039 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,323,957 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,295,591 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,323,957 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,295,591 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,323,957 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,295,591 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,323,957 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$28,308 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,295,649 | SubtotalAmt |
| Other Decreases | $58 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,295,591 | 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 PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $101,935 | GrossSalesPriceAmt |
| Cost Or Other Basis | $65,480 | CostOrOtherBasisAmt |
| Gain Or Loss | $36,455 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $36,455 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $36,455 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $81,100 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,743,981 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046503 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $79,800 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,700,856 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046918 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $73,500 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,556,946 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047208 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $92,880 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,632,164 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.056906 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $63,300 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,564,122 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.040470 | DistributionYr5Rt |
| Total Distribution | 0.238005 | TotalDistributionRt |
| Average Distribution | 0.047601 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,775,129 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $84,498 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $591 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $85,089 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $86,000 | 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 | $591 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $591 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $591 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,720 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $1,720 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,129 | OverpaymentAmt |
| Applied To ES Tax | $600 | AppliedToESTaxAmt |
| Refund | $529 | RefundAmt |
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 | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | RANGE BANK | IndividualWithBooksNm |
| Phone | 9062264045 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 N FRONT STREET | AddressLine1Txt |
| City | MARQUETTE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49855 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (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 | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| JOAN R MILLER | |||||||||
| 14146 197TH AVENUE SE | MONROE | WA | 98272 | DIRECTOR & CHAIRPERSON | 0.10 | $0 | $0 | $0 | |
| ROBERT J TOUTANT | |||||||||
| 1515 NORWAY AVENUE | MARQUETTE | MI | 49855 | DIRECTOR & TREASURER | 0.20 | $0 | $0 | $0 | |
| WILLIAM I MCDONALD | |||||||||
| 115 SOUTH LAKESHORE BOULEVARD SUITE | MARQUETTE | MI | 49855 | DIRECTOR & SECRETARY | 0.20 | $0 | $0 | $0 | A |
| ALICE M REYNOLDS | |||||||||
| 220 NORTHWOODS ROAD APT 6 | MARQUETTE | MI | 49855 | DIRECTOR | 0.10 | $0 | $0 | $0 | |
| PATRICIA L MICKLOW | |||||||||
| 120 SHIRAS POINTE DRIVE | MARQUETTE | MI | 49855 | DIRECTOR | 0.10 | $0 | $0 | $0 | |
| JOHN F MARSHALL | |||||||||
| 19 MIDDLE ISLAND POINT ROAD | MARQUETTE | MI | 49855 | DIRECTOR | 0.10 | $0 | $0 | $0 | |
| MICHELE O BUTLER | |||||||||
| 3132 ISLAND BEACH ROAD | MARQUETTE | MI | 49855 | DIRECTOR | 0.10 | $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 |
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 | $1,692,853 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $109,308 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,802,161 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,802,161 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $27,032 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,775,129 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $88,756 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $88,756 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $591 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $591 | TotalTaxAmt |
| Distributable Before Adj | $88,165 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $88,165 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $88,165 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $86,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $86,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $591 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $85,409 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $88,165 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $42,013 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $86,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $42,013 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $43,987 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $44,178 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MICHELE KONTIO | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RANGE BANK 100 N FRONT STREET | AddressLine1Txt |
| City | MARQUETTE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49855 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9062264045 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATION SHOULD BE OBTAINED AND COMPLETED IN ACCORDANCE WITH THE APPLICATION INSTRUCTIONS, INCLUDING A PROJECT BUDGET. TO INCLUDE: (A) NARRATIVE (1) EXECUTIVE SUMMARY (2) PURPOSE OF GRANT (3) EVALUATION (4) BUDGET (5) ORGANIZATION INFORMATION (B) ATTACHMENTS (1) COPY OF IRS DETERMINATION LETTER INDICATING 501(C)(3) EXEMPT STATUS (2) LIST OF BOARD OF DIRECTORS (3) FINANCES (4) ANNUAL REPORT | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | MARCH 15TH FOR THE SPRING MEETING AND SEPTEMBER 15TH FOR THE FALL MEETING | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BAY CLIFF HEALTH CAMP | ||||||
| PO BOX 310 | BIG BAY | MI | 49808 | PC | CAMPERSHIP | $4,000 |
| BIG BROTHERS BIG SISTERS OF MARQUETTE & ALGER COUNTIES | ||||||
| 97 S FOURTH ST STE B | ISHPEMING | MI | 49849 | PC | DUDE POWER PROGRAM | $2,000 |
| CAMP NEW DAY UP | ||||||
| 201 E RIDGE STREET | MARQUETTE | MI | 49855 | PC | TRANSPORTATION COSTS | $2,000 |
| FEEDING AMERICA | ||||||
| 864 WEST RIVER CENTER DRIVE | COMSTOCK PARK | MI | 49321 | PC | FOR 35 MOBILE FOOD PANTRIES IN MARQUETTE COUNTY | $3,500 |
| GOODWILL INDUSTRIES OF NORTHERN WI & UPPER MI | ||||||
| 201 RUBLEIN STREET | MARQUETTE | MI | 49855 | PC | UP REC CAMP | $3,000 |
| GREAT LAKES RECOVERY CENTER | ||||||
| 97 S FOURTH ST | ISHPEMING | MI | 49849 | PC | SUPPLIES FOR INNOVATIVE ART THERAPY PROGRAM | $1,000 |
| HIGH ROCKS EDUCATIONAL CORPORATION | ||||||
| 195 THOMPSON ROAD | HILLSBORO | WV | 24946 | PC | SCHOLARSHIPS | $3,000 |
| ISHPEMING PUBLIC SCHOOLS | ||||||
| 813 MAAS | NEGAUNEE | MI | 49866 | GOV | PROJECT NEWBORN ROCK N READ | $1,500 |
| LIBERTY CHILDRENS ART PROJECT | ||||||
| PO BOX 663 | MARQUETTE | MI | 49855 | PC | 6 WEEK AFTER-SCHOOL ART ENRICHMENT CLASSES | $1,000 |
| MARQUETTE AREA PUBLIC SCHOOLS | ||||||
| 1203 W FAIR AVENUE | MARQUETTE | MI | 49855 | GOV | WE THE PEOPLE PROGRAM | $2,500 |
| MARQUETTE AREA PUBLIC SCHOOLS | ||||||
| 1203 W FAIR AVENUE | MARQUETTE | MI | 49855 | GOV | SCHOLARSHIPS | $1,500 |
| MARQUETTE AREA PUBLIC SCHOOLS | ||||||
| 1203 W FAIR AVENUE | MARQUETTE | MI | 49855 | GOV | PROJECT GRADUATION | $1,000 |
| MARQUETTE BEAUTIFICATION & RESTORATION COMMITTEE | ||||||
| PO BOX 334 | MARQUETTE | MI | 49855 | PC | PLEDGE PAYMENT | $2,000 |
| MARQUETTE COUNTY HISTORICAL SOCIETY | ||||||
| 145 W SPRING STREET | MARQUETTE | MI | 49855 | PC | VOTE AND BE COUNTED | $2,000 |
| MARQUETTE MARITIME MUSEUM | ||||||
| 422 OHIO STREET | MARQUETTE | MI | 49855 | PC | MCCLINTOCK DARTER/DACE OPERATING COSTS FOR NAVAL SEA CADETS CORP | $500 |
| MARQUETTE TENNIS ASSOCIATION | ||||||
| 131 E COLLEGE AVE | MARQUETTE | MI | 49855 | PC | TENNIS AND BASKETBALL EQUIPMENT FOR WILLIAMS PARK | $2,000 |
| PETER WHITE PUBLIC LIBRARY DEVELOPMENT FUND | ||||||
| 217 N FRONT STREET | MARQUETTE | MI | 49855 | PC | PRIME TIME FAMILY LITERACY PROGRAM | $2,000 |
| ROOM AT THE INN | ||||||
| 347 ROCK STREET | MARQUETTE | MI | 49855 | PC | OPERATING EXPENSES | $2,000 |
| SACRED EARTH FOUNDATION | ||||||
| 401 EKONE ROAD | GOLDENDALE | WA | 98620 | PC | EKONE SUMMER CAMP SCHOLARSHIP FUND | $5,000 |
| SUPERIOR STRING ALLIANCE | ||||||
| PO BOX 52 | MARQUETTE | MI | 49855 | PC | SUMMER MUSIC CAMP | $3,000 |
| THE MARQUETTE ROTARY FUND | ||||||
| 1711 GRANDVIEW DR | MARQUETTE | MI | 49855 | PC | HURLEY PARK IMPROVEMENTS | $2,000 |
| TRILLIUM HOUSE INC | ||||||
| PO BOX 7115 | MARQUETTE | MI | 49855 | PC | PLEDGE PAYMENT | $5,000 |
| UPPER PENINSULA CHILDRENS MUSEUM | ||||||
| 123 W BARAGA AVENUE | MARQUETTE | MI | 49855 | PC | FAMILY OF TOGETHER TIME PROGRAM | $3,000 |
| UPPER PENINSULA CHILDRENS MUSEUM | ||||||
| 123 W BARAGA AVENUE | MARQUETTE | MI | 49855 | PC | 8-18 MEDIA NEWS BUREAU OPERATIONS | $1,500 |
| WOMENS CENTER | ||||||
| 1310 S FRONT STREET | MARQUETTE | MI | 49855 | PC | PLEDGE PAYMENTS | $20,000 |
| YMCA OF MARQUETTE COUNTY | ||||||
| 1420 PINE STREET | MARQUETTE | MI | 49855 | PC | REORGANIZATION PLAN (PLEDGE PAYMENT) | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $86,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,169 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,902 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $36,455 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $72,526 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $72,526 | TotalIncomeProducingActyAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MAKELA TOUTANT HILL NARDI & KATONA - RETURN PREPARATION FEES | CategoryTxt |
| Amt | $1,735 | Amt |
| Net Investment Income | $1,735 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SPDR BARCLAYS CAPITAL HIGH YIELD BD ETF | $56,558 | $54,003 |
| SPDR BARCLAYS SHT TM CORPORATE BOND ETF | $53,160 | $53,507 |
| ISHARES CORE US AGGREGATE BOND ETF | $121,979 | $125,854 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES TR S&P MIDCAP 400 INDEX FD ETF | $212,974 | $322,108 |
| SPDR S&P 500 TRUST ETF | $382,731 | $773,430 |
| ISHARES TRUST RUSSELL 2000 ETF | $77,492 | $112,159 |
| SPDR SELECT TECH SECTOR | $66,586 | $87,637 |
| VANGUARD MEGA CAP 300 GWTH INDEX FD ETF | $148,631 | $182,366 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | VANGUARD INDEX REIT ETF | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $72,738 | BookValueAmt |
| EOYFMV | $92,233 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM RANGE BANK | Desc |
| BOY Book Value | $33 | BOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT | Desc |
| Amt | $58 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RANGE BANK - INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $11,722 | Amt |
| Net Investment Income | $11,722 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $1,377 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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