RICHARD KALVELAGE GIFT TRUST: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- RICHARD KALVELAGE GIFT TRUST (EIN 47-6234969)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202533189349103203
- Schema version
- 2024v5.0
- 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
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T12:57:39-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470699068 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AUTEN PRUSS & BECKMANN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1309 NORTH 9TH STREET | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 687010854 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 476234969 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD KALVELAGE GIFT TRUST | BusinessNameLine1Txt |
| Business Name Line2 | JAMES J MCNALLY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RICH | BusinessNameControlTxt |
| Phone | 4028875022 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 164 | AddressLine1Txt |
| City | NELIGH | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68756 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES J MCNALLY TRUSTEE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 4028875022 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALVIN G BECKMANN CPA | PreparerPersonNm |
| PTIN | P00053701 | PTIN |
| Phone | 4023794488 | PhoneNum |
| Preparation | 2025-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,431,619 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $6,196 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,196 | InterestOnSavNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $133,176 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $133,176 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$154,097 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $427,417 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $608,000 | GrossSalesPriceAmt |
| Total Rev And Expnss | $566,789 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $139,372 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $57,998 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $14,500 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $43,498 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,458 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,377 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $9,081 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $44,499 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $38,499 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $326 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $326 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $23,696 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $23,696 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $33,713 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $33,713 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $3,102 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $3,102 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,113 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,113 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $175,162 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $175,162 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $359,067 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $287,273 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $71,794 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $55,902 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $55,902 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $414,969 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $287,273 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $127,696 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $151,820 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $16,741 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $340,297 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $340,297 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,896 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,896 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,896 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,112,145 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $453,620 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $844,795 | LandBOYAmt |
| Land EOY | $658,525 | LandEOYAmt |
| Land EOYFMV | $1,088,426 | LandEOYFMVAmt |
| Total Assets BOY | $864,432 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,001,718 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,431,619 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $15,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $466 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $15,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $466 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $849,432 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,001,252 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $849,432 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,001,252 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $864,432 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,001,718 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $849,432 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $151,820 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,001,252 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,001,252 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NE | OrgReportOrRegisterStateCd |
| 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 | JAMES J MCNALLY | IndividualWithBooksNm |
| Phone | 4028875022 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1008 S STREET PO BOX 164 | AddressLine1Txt |
| City | NELIGH | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 687560164 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES J MCNALLY TRUSTEE | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1008 S STREET PO BOX 164 | AddressLine1Txt |
| City | NELIGH | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 687560164 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 000.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,896 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $178,519 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,276,606 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,458,021 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,458,021 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $21,870 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,436,151 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $71,808 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $71,808 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $71,808 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $71,808 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $71,808 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $127,696 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $127,696 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $71,808 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $15,263 | UndistributedIncomePYAmt |
| Qualifying Distributions | $127,696 | QualifyingDistributionsAmt |
| Applied To Year1 | $15,263 | AppliedToYear1Amt |
| Applied To Current Year | $71,808 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $40,625 | RemainingDistriFromCorpusAmt |
| Total Corpus | $40,625 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $40,625 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $40,625 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JAMES J MCNALLY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1008 S STREET PO BOX 164 | AddressLine1Txt |
| City | NELIGH | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 687560164 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4028875022 | RecipientPhoneNum |
| Form And Info And Materials | PAPER APPLICATIION AMOUNT OF REQUEST AND PURPOSE FOR USE OF FUNDS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| ST JOHN'S PARISH | ||||||||
| LOCAL | LOCAL | PETERSBURG | NE | 68652 | NONE | 501(C) 3 ORG | COMMUNITY ACTIVITY | $2,500 |
| CLEARWATER VETERANS PARK | ||||||||
| LOCAL | LOCAL | CLEARWATER | NE | 68726 | NONE | 501(C) 3 ORG | COMMUNITY ACTIVITY | $500 |
| POPE JOHN CENTRAL CATHOLIC | ||||||||
| LOCAL | LOCAL | ELGIN | NE | 68636 | NONE | 501(C)3 ORG | COMMUNITY ACTIVITY | $17,000 |
| NELIGH SENIOR CITIZENS CENTER | ||||||||
| LOCAL | LOCAL | NELIGH | NE | 68756 | NONE | 501(C) 3 ORG | COMMUNITY ACTIVITY | $5,000 |
| ST BONIFACE CHURCH | ||||||||
| LOCAL | LOCAL | ELGIN | NE | 68636 | NONE | 501(C)3 ORG | COMMUNITY ACTIVITY | $750 |
| ELGIN PUBLIC LIBRARY | ||||||||
| LOCAL | LOCAL | ELGIN | NE | 68636 | NONE | 501(C)3 ORG | COMMUNITY ACTIVITY | $1,600 |
| NELIGH PUBLIC LIBRARY | ||||||||
| LOCAL | LOCAL | NELIGH | NE | 68756 | NONE | 501(C)3 ORG | COMMUNITY ACTIVITY | $1,000 |
| ELGIN COMMUNITY CENTER | ||||||||
| LOCAL | LOCAL | ELGIN | NE | 68636 | NONE | 501(C) 3 ORG | UNRESTRICTED | $5,000 |
| PIERSON WILDLIFE MUSEUM | ||||||||
| LOCAL | LOCAL | NELIGH | NE | 68756 | NONE | 501(C) 3 ORG | UNRESTRICTED | $5,000 |
| CAREY CHARITABLE TRUST | ||||||||
| LOCAL | LOCAL | NELIGH | NE | 68756 | NONE | 501(C)3 ORG | UNRESTRICTED | $10,000 |
| ST FRANCIS CATHOLIC CHURCH | ||||||||
| LOCAL | LOCAL | NELIGH | NE | 68756 | NONE | 501(C)3 ORG | COMMUNITY ACTIVITY | $2,552 |
| AMERICAN LEGION POST 172 | ||||||||
| LOCAL | LOCAL | NELIGH | NE | 68756 | NONE | 501(C)3 ORG | COMMUNITY ACTIVITY | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $55,902 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,196 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$154,097 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $427,417 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$147,901 | ExclusionAmt |
| Related Or Exempt Function Incm | $427,417 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $279,516 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| ACCOUNTING -OUTSIDE SERVICE | $9,081 | $9,081 | |
| RENTAL PROPERTIES | $1,377 | $1,377 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (35 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| WARD 6- DRUG STORE | 2001-08-01 | $22,000 | $12,622 | S/L | 39.0000 | $564 | $564 |
| WARD 6-LAND | 2001-08-01 | $3,000 | |||||
| WARD 9-DRUG STORE | 2001-08-01 | $12,000 | $6,769 | S/L | 39.0000 | $308 | $308 |
| WARD 9-LAND | 2001-08-01 | $3,000 | |||||
| REMODEL-STORAGE ROOM | 2003-02-10 | $17,856 | $9,558 | S/L | 39.0000 | $457 | $457 |
| LAND | 2006-06-30 | $66,000 | |||||
| UNITS | 2006-06-30 | $264,000 | $118,744 | S/L | 39.0000 | $6,769 | $6,769 |
| COSTS | 2006-06-30 | $152 | $68 | S/L | 39.0000 | $4 | $4 |
| PROFESSIONAL FEES | 2006-06-30 | $6,000 | $2,699 | S/L | 39.0000 | $154 | $154 |
| PROFESSIONAL FEES | 2007-01-01 | $7,327 | $3,186 | S/L | 39.0000 | $188 | $188 |
| FENCING | 2007-01-01 | $54,200 | $28,184 | S/L | 39.0000 | $1,355 | $1,355 |
| PAVING | 2007-01-01 | $33,602 | $14,611 | S/L | 39.0000 | $862 | $862 |
| ADDITIONAL IMPROVEMENTS | 2007-01-19 | $13,500 | $5,870 | S/L | 39.0000 | $346 | $346 |
| ASPHALT | 2007-07-02 | $18,350 | $9,542 | S/L | 39.0000 | $459 | $459 |
| IMPROVE | 2007-07-01 | $11,120 | $5,782 | S/L | 39.0000 | $278 | $278 |
| CARPET | 2007-06-27 | $3,433 | $3,433 | 200DB | 5.0000 | ||
| WINDOWS | 2007-05-15 | $5,102 | $2,175 | S/L | 39.0000 | $131 | $131 |
| LAND | 2007-03-07 | $160,006 | |||||
| IRRIGATION SYSTEM | 2007-03-07 | $21,500 | $21,500 | S/L | 10.0000 | ||
| IRRIGATION WELL | 2007-03-07 | $21,500 | $21,500 | S/L | 10.0000 | ||
| IRRIGATION MOTOR | 2007-03-07 | $3,500 | $3,500 | S/L | 10.0000 | ||
| IRRIGATION TANK | 2007-03-07 | $1,500 | $1,500 | S/L | 10.0000 | ||
| LAND | 2007-03-01 | $320,004 | |||||
| 2 IRRIGATION SYSTEMS, MOTORS, TANKS | 2007-03-01 | $70,000 | $70,000 | S/L | 10.0000 | ||
| 2 IRRIGATION WELLS | 2007-03-01 | $50,000 | $50,000 | S/L | 10.0000 | ||
| GRAIN BIN (36X22) | 2007-03-01 | $20,000 | $20,000 | S/L | 10.0000 | ||
| 2 SET DROP NOZZLES | 2007-05-11 | $8,809 | $8,809 | S/L | 10.0000 | ||
| GRAIN BIN (N) | 2014-10-01 | $13,527 | $12,343 | S/L | 10.0000 | $1,184 | $1,184 |
| COLOR SHORTER | 2022-02-01 | $10,334 | $10,334 | 200DB | 7.0000 | ||
| CULTIVATOR | 2022-06-23 | $8,000 | $8,000 | 200DB | 7.0000 | ||
| GRAIN CLEANER | 2022-12-02 | $1,978 | $1,978 | 200DB | 7.0000 | ||
| FARM EQUIPMENT | 2022-05-06 | $7,500 | $7,500 | 200DB | 7.0000 | ||
| WEED PULLER | 2023-02-10 | $9,300 | $1,329 | 200DB | 7.0000 | $2,278 | $2,278 |
| HATZENBICHLER | 2023-01-11 | $44,600 | $6,373 | 200DB | 7.0000 | $10,923 | $10,923 |
| FLAMER PARTS | 2024-04-18 | $7,453 | 200DB | 5.0000 | $7,453 | $7,453 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|---|---|
| LAND | 2007-03 | PURCHASE | 2024-04 | $568,000 | $160,006 | $20,577 | $387,417 | |
| IMPROVEMENTS | PURCHASE | 2024-04 | $40,000 | $48,000 | $40,000 | $48,000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PATRONAGE DIVIDEND RETAINED | StockNm |
| EOY Book Value | $2,896 | EOYBookValueAmt |
| EOYFMV | $2,896 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| $720,141 | $453,620 | $266,521 | $462,624 |
| $392,004 | $392,004 | $625,802 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| RENTAL PROPERTY-STORAGE | $43,498 | $43,498 | |
| RENTAL PROPERTIES | $14,500 | $14,500 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| RENTAL PROPERTIES | ||
| RENTALS-INSURANCE | $4,694 | $4,694 |
| RENTALS-ADVERTISING | $1,153 | $1,153 |
| RENTALS-REPAIRS | $18,537 | $18,537 |
| RENTALS-UTILITIES | $9,512 | $9,512 |
| RENTALS-BANK CHARGES | $997 | $997 |
| RENTALS-CUSTOM LABOR | $78,171 | $78,171 |
| RENTALS-FERTILIZER & SEED | $26,365 | $26,365 |
| RENTALS -FUEL | $21,856 | $21,856 |
| RENTAL - DUES & SUBSCRIPTIONS | $2,426 | $2,426 |
| RENTAL-SUPPLIES | $672 | $672 |
| RENTALS - FEES & PERMITS | $142 | $142 |
| RENTALS - POSTAGE | $146 | $146 |
| RENTALS - TRUCKING | $250 | $250 |
| RENTALS - WAGES | $10,241 | $10,241 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| LOC PAYABLE | $15,000 | |
| PAYROLL LIABILITIES | $466 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OTHER PROFESSIONAL FEES-FEES, ET | $6,000 | $6,000 | |
| RENTAL PROPERTIES | $38,499 | $38,499 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RENTAL PROPERTIES | CategoryTxt |
| Amt | $23,696 | Amt |
| Net Investment Income | $23,696 | NetInvestmentIncomeAmt |
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