CAMARA-PRESS FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CAMARA-PRESS FOUNDATION (EIN 27-1985444)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-01
IRS object ID
201821359349103432
Schema version
2017v2.3
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)
Return2018-05-01T11:51:07-00:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHN A PIERANUNZI AND ASSOC LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE TRANS AM PLAZA DRIVE - SUITE 22AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271985444EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAMARA-PRESS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAMABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13515 GREEN RIDGE ROADAddressLine1Txt
CityMINNETONKACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55305ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS PRESSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7635914490PhoneNum
Signature2018-05-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN PIERANUNZIPreparerPersonNm
Phone6306911040PhoneNum
Preparation2018-05-01PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$14,829,879FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,400,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$6,353InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,353InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$6,353InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$270,064DividendsRevAndExpnssAmt
Dividends Net Invst Incm$270,064DividendsNetInvstIncmAmt
Dividends Adj Net Incm$270,064DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$548,541NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,525,155GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$548,541CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,224,958TotalRevAndExpnssAmt
Total Net Invst Incm$824,958TotalNetInvstIncmAmt
Total Adj Net Incm$276,417TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$690AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$690AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$690AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$3,304TaxesRevAndExpnssAmt
Taxes Net Invst Incm$3,304TaxesNetInvstIncmAmt
Taxes Adj Net Incm$3,304TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$65,499OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$65,499OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$65,499OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$69,493TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$69,493TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$69,493TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$655,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$655,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$724,493TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$69,493TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$69,493TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$655,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,500,465ExcessRevenueOverExpensesAmt
Net Investment Income$755,465NetInvestmentIncomeAmt
Adjusted Net Income$206,924AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Corporate Stock BOY$11,131,286CorporateStockBOYAmt
Corporate Stock EOY$12,631,751CorporateStockEOYAmt
Corporate Stock EOYFMV$14,829,879CorporateStockEOYFMVAmt
Total Assets BOY$11,131,286TotalAssetsBOYAmt
Total Assets EOY$12,631,751TotalAssetsEOYAmt
Total Assets EOYFMV$14,829,879TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Unrestricted BOY$11,131,286UnrestrictedBOYAmt
Unrestricted EOY$12,631,751UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$11,131,286TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,631,751TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$11,131,286TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,631,751TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$11,131,286TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,500,465ExcessRevenueOverExpensesAmt
Subtotal$12,631,751SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,631,751TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MERRILL LYNCH2017-01-012017-12-31$84,554$42,277$42,277$42,277
MERRILL LYNCH2016-01-012017-12-31$3,440,601$2,934,337$506,264$506,264
FieldValueIRS element (for citing)
Capital Gain Net Income$548,541CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$42,277NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$486,721AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr3$248,670AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$139,344AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$52,330AdjustedQlfyDistriYr5Amt
Net Investment Income Pct$7,555NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$7,555AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$655,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$7,555InvestmentIncomeExciseTaxAmt
Subtotal$7,555SubtotalAmt
Tax Based On Investment Income$7,555TaxBasedOnInvestmentIncomeAmt
Es Penalty$79EsPenaltyAmt
Tax Due$7,634TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
THOMAS PRESS
3515 GREEN RIDGE ROADMINNETONKAMN55305DIRECTOR010.00$0
STELLA J CAMARA PRESS
3515 GREEN RIDGE ROADMINNETONKAMN55305DIRECTOR010.00$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$7,555TaxBasedOnInvestmentIncomeAmt
Total Tax$7,555TotalTaxAmt
Distributable Before Adj$7,555DistributableBeforeAdjAmt
Distributable Before Ded$7,555DistributableBeforeDedAmt
Distributable As Adjusted-$7,555DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$655,000ExpensesAndContributionsAmt
Qualifying Distributions$655,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$7,555PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$647,445AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted-$7,555DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$490,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$490,000TotalExcessDistributionCyovAmt
Qualifying Distributions$655,000QualifyingDistributionsAmt
Remaining Distri From Corpus$655,000RemainingDistriFromCorpusAmt
Total Corpus$1,145,000TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$7,555ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,137,445ExcessDistriCyovToNextYrAmt
Excess From Year1$490,000ExcessFromYear1Amt
Excess From Current Year$655,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MINNEAPOLIS RECREATION DEVELOPMENT
7220 YORK AVE SOUTHEDINAMN55435POFCHARITABLE$100,000
POLICE CHAPLIN'S MINISTRY OF CHICAGO
1140 W JACKSON BLVDCHICAGOIL60607POFCHARITABLE$75,000
JDRF-MINNEAPOLIS ST PAUL
3001 METRO DRIVEBLOOMINGTONMN55425POFCHARITABLE$85,000
CHILDREN'S FOUNDATION
2910 CENTRE POINT DRROSEVILLEMN55113POFCHARITABLE$50,000
MINNESOTA WRESTLNG CLUB
4030 VALENTINE COURTARDEN HILLSMN55112POFCHARITABLE$50,000
ODYSSEY PROJECT
21 N PARK STREETMADISONWI53715POFCHARITABLE$25,000
JEREMIAH PROGRAM
1510 LAUREL AVENUEMINNEAPOLISMN55403POFCHARITABLE$25,000
ANDREA MILLER FOUNDATION
PO BOX 163EXCELSIORMN55331POFCHARITABLE$20,000
ANIMAL HUMANE SOCIETY
845 MEADOW LANE NORTHGOLDEN VALLEYMN55422POFCHARITABLE$25,000
UN OF MINN FOUNDATION FOR GOPHER WRESTLING FACILITY FUND
PO BOX 860266MINNEAPOLISMN55486POFCHARITABLE$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$655,000TotalGrantOrContriPdDurYrAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$690Amt
Net Investment Income$690NetInvestmentIncomeAmt
Adjusted Net Income$690AdjustedNetIncomeAmt

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMERRILL LYNCHStockNm
EOY Book Value$12,631,751EOYBookValueAmt
EOYFMV$14,829,879EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescINVESTMENT FEES- MERRILL LYNCHDesc
Revenue And Expenses Per Books$65,499RevenueAndExpensesPerBooksAmt
Net Investment Income$65,499NetInvestmentIncomeAmt
Adjusted Net Income$65,499AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FEDERAL TAX$3,279$3,279$3,279
MINNESOTA TAX$25$25$25

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