CRAIG A WILSON TR FBO FREEPORT COMMUNITY TR: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CRAIG A WILSON TR FBO FREEPORT COMMUNITY TR (EIN 37-6623968)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-02-08
IRS object ID
201900399349100100
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-02-08T07:16:45-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273238017PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUCAS GROUP CPAS ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1524 W STEPHENSON ST STE 200AddressLine1Txt
CityFREEPORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP61032ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN376623968EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRAIG WILSON IRREVOCABLE TRUST FBOBusinessNameLine1Txt
Business Name Line2FREEPORT COMMUNITY FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCRAIBusinessNameControlTxt
Phone8152350800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 540AddressLine1Txt
CityFREEPORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP61032ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonUNION SAVINGS BANK-TRUSTEEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8152350800PhoneNum
Signature2019-01-21SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD LAMMPreparerPersonNm
PTINP00082074PTIN
Phone8152359610PhoneNum
Preparation2019-02-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address98.142.196.58IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-02-08IPDt
IP Tm07:16:45IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdE5800506F0345399F33B4CA2C1A414A045ED87D6AtSubmissionCreationDeviceId
At Submission Filing Device IdBAEC604D96C02C3CCC57C63EA6187253CD4967A6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization4947a1 Trtd PFYes (X)Organization4947a1TrtdPFInd
FMV Assets EOY$1,157,926FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5,539InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,539InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5,539InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$23,068DividendsRevAndExpnssAmt
Dividends Net Invst Incm$23,068DividendsNetInvstIncmAmt
Dividends Adj Net Incm$23,068DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$12,247NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$172,167GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$359CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,384OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,384OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$1,384OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$42,238TotalRevAndExpnssAmt
Total Net Invst Incm$30,350TotalNetInvstIncmAmt
Total Adj Net Incm$29,991TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$13,676OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$325TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$14,001TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$62,861ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$62,861ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$76,862TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$62,861TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$34,624ExcessRevenueOverExpensesAmt
Net Investment Income$30,350NetInvestmentIncomeAmt
Adjusted Net Income$29,991AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$322,152SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$366,218SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$360,914SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$698,107CorporateStockBOYAmt
Corporate Stock EOY$644,976CorporateStockEOYAmt
Corporate Stock EOYFMV$797,012CorporateStockEOYFMVAmt
Corporate Bonds BOY$25,559CorporateBondsBOYAmt
Total Assets BOY$1,045,818TotalAssetsBOYAmt
Total Assets EOY$1,011,194TotalAssetsEOYAmt
Total Assets EOYFMV$1,157,926TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,045,818UnrestrictedBOYAmt
Unrestricted EOY$1,011,194UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,045,818TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,011,194TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,045,818TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,011,194TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,045,818TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$34,624ExcessRevenueOverExpensesAmt
Subtotal$1,011,194SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,011,194TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$359CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$54,806AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$30,625AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Net Investment Income Pct$304NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$304AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$62,861QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$304InvestmentIncomeExciseTaxAmt
Subtotal$304SubtotalAmt
Tax Based On Investment Income$304TaxBasedOnInvestmentIncomeAmt
Tax Due$304TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1UNION SAVINGS BANK-TRUSTEEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8152350800PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1223 W STEPHENSON STAddressLine1Txt
CityFREEPORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP61032ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNION SAVINGS BANK-TRUSTEEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1223 W STEPHENSON STAddressLine1Txt
CityFREEPORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP61032ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$304TaxBasedOnInvestmentIncomeAmt
Total Tax$304TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$62,861ExpensesAndContributionsAmt
Qualifying Distributions$62,861QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$304PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$62,557AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$30,625ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$55,086ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$85,711TotalExcessDistributionCyovAmt
Qualifying Distributions$62,861QualifyingDistributionsAmt
Remaining Distri From Corpus$62,861RemainingDistriFromCorpusAmt
Total Corpus$148,572TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$148,572ExcessDistriCyovToNextYrAmt
Excess From Year2$30,625ExcessFromYear2Amt
Excess From Year1$55,086ExcessFromYear1Amt
Excess From Current Year$62,861ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1FREEPORT COMMUNITY FUNDBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1524 W STEPHENSON STAddressLine1Txt
Address Line2STE 102AddressLine2Txt
CityFREEPORTCityNm
State AbbreviationILStateAbbreviationCd
ZIP61032ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeCOMMUNITY CHARITYGrantOrContributionPurposeTxt
Amt$62,861Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$62,861TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$5,539RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$23,068RelatedOrExemptFunctionIncmAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,384RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12,247RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$42,238RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$42,238TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
UNION SAVINGS BANKPURCHASE$2,976$2,998-$22
UNION SAVINGS BANKPURCHASE$168,832$156,922$11,910

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEQUITIESStockNm
EOY Book Value$644,976EOYBookValueAmt
EOYFMV$797,012EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER INVESTMENT INCOMEDesc
Revenue And Expenses Per Books$1,384RevenueAndExpensesPerBooksAmt
Net Investment Income$1,384NetInvestmentIncomeAmt
Adjusted Net Income$1,384AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmt
TRUST FEES$12,816
TAX PREPARATION$860

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL TAXES$280
REGISTRATION FEE$45

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