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MAGNUS CHARITABLE TR: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MAGNUS CHARITABLE TR (EIN 36-4049284)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-03
IRS object ID
201603089349100220
Schema version
2015v2.1
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)
Return2016-11-03T14:17:54-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362700600PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WINEBERG SOLHEIM HOWELL & SHAIN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1180 N LASALLE ST STE 2200AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364049284EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGNUS CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAGNBusinessNameControlTxt
Phone3127872595PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1230 E OHIO ST NO 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARIA MAGNUSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3127872595PhoneNum
Signature2016-10-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S SOLHEIM CPAPreparerPersonNm
PTINP00570974PTIN
Phone3123720440PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,077,846FMVAssetsEOYAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,748InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,748InterestOnSavNetInvstIncmAmt
Gross Rents Rev And Expnss$1,591,891GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1,591,891GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$625,262NetRentalIncomeOrLossAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,593,639TotalRevAndExpnssAmt
Total Net Invst Incm$1,593,639TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,400AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,400AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$281,437TaxesRevAndExpnssAmt
Taxes Net Invst Incm$281,437TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$103,496DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$96,054DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$512,109OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$512,109OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$0OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$77,222OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$77,222OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$978,664TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$971,222TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$372,028ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$372,028ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,350,692TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$971,222TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$372,028TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$242,947ExcessRevenueOverExpensesAmt
Net Investment Income$622,417NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,455,219CashBOYAmt
Cash EOY$465,812CashEOYAmt
Cash EOYFMV$465,812CashEOYFMVAmt
Sav And Temp Cash Invst BOY$564,328SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,794,650SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,794,650SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$17,384AcctRcvblAmt
Acct Rcvbl BOY$24,138AcctRcvblBOYAmt
Acct Rcvbl EOY$17,384AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$17,384AcctRcvblEOYFMVAmt
Invst Land Cost Or Other Basis$8,341,811InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$1,048,717InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$7,250,020LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$7,293,094LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$5,800,000LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$9,293,705TotalAssetsBOYAmt
Total Assets EOY$9,570,940TotalAssetsEOYAmt
Total Assets EOYFMV$8,077,846TotalAssetsEOYFMVAmt
Other Liabilities BOY$1,113,225OtherLiabilitiesBOYAmt
Other Liabilities EOY$927,252OtherLiabilitiesEOYAmt
Total Liabilities BOY$1,113,225TotalLiabilitiesBOYAmt
Total Liabilities EOY$927,252TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$200CapitalStockBOYAmt
Capital Stock EOY$200CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$8,180,280RetainedEarningBOYAmt
Retained Earning EOY$8,643,488RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$8,180,480TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,643,688TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,293,705TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,570,940TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,180,480TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$242,947ExcessRevenueOverExpensesAmt
Other Increases$220,278OtherIncreasesAmt
Subtotal$8,643,705SubtotalAmt
Other Decreases$17OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$8,643,688TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$443,263AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$7,982,637NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.055528DistributionYr1Rt
Adjusted Qlfy Distri Yr2$465,294AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$8,633,630NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.053893DistributionYr2Rt
Adjusted Qlfy Distri Yr3$498,266AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$9,537,203NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.052244DistributionYr3Rt
Adjusted Qlfy Distri Yr4$458,501AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$9,730,008NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.047122DistributionYr4Rt
Adjusted Qlfy Distri Yr5$335,265AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$9,599,673NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.034925DistributionYr5Rt
Total Distribution0.243712TotalDistributionRt
Average Distribution0.048742AverageDistributionRt
Net Vl Noncharitable Assets$9,291,406NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$452,882AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$6,224NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$459,106AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$372,028QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$12,448InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$12,448SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$12,448TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,160EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$6,500AppliedToEsTaxAmt
Total Payments And Credits$9,660TotalPaymentsAndCreditsAmt
Es Penalty$142EsPenaltyAmt
Tax Due$2,930TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MARIA MAGNUSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3127872595PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1230 E OHIO ST STE 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARIA MAGNUS
230 E OHIO STCHICAGOIL60611TRUSTEE20.00$0$0$0
VICTORIA MAGNUS
230 E OHIO STCHICAGOIL60611TRUSTEE20.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,139,900AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$7,293,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,432,900TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$9,432,900AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$141,494CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,291,406NetVlNoncharitableAssetsAmt
Minimum Investment Return$464,570MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$464,570MinimumInvestmentReturnAmt
Tax Based On Investment Income$12,448TaxBasedOnInvestmentIncomeAmt
Total Tax$12,448TotalTaxAmt
Distributable Before Adj$452,122DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$452,122DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$452,122DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$372,028ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$372,028QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$372,028AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$452,122DistributableAsAdjustedAmt
Undistributed Income PY$368,898UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$372,028QualifyingDistributionsAmt
Applied To Year1$368,898AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,130AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$448,992UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CHICAGO ABUSED WOMEN COALITION
1116 N KEDZIECHICAGOIL60651UNRELATED501(C)3GENERAL$5,000
CHICAGO COALITION FOR THE HOMELESS
70 E LAKE STCHICAGOIL60601UNRELATED501(C)3GENERAL$9,000
GREATER CHICAGO FOOD BANK
4100 W ANN LURIE PLACECHICAGOIL60632UNRELATED501(C)3GENERAL$10,000
IMERMAN ANGELS
205 W RANDOLPHCHICAGOIL60606UNRELATED501(C)3GENERAL$10,000
INNOCENCE PROJECT OF TEXAS
300 BURNETTFT WORTHTX76102UNRELATED501(C)3GENERAL$20,000
MERCY HOME FOR BOYS AND GIRLS
1140 W JACKSONCHICAGOIL60607UNRELATED501(C)3GENERALGENERAL SUPPORT$7,000
NEEDY SCHOLARSHIP RECIPIENTS PAID IN 2014
230 E OHIO ST STE 400CHICAGOIL60611UNRELATED501(C)3COLLEGE SCHOLARSHIPS$220,278
CENTER FOR ADVANCING DOMESTIC PEACE
813 S WESTERN AVECHICAGOIL60612UNRELATED501(C)3GENERAL$7,500
PAWS CHICAGO
1997 N CLYBOURN AVECHICAGOIL60614UNRELATED501(C)3GENERAL$57,000
POLISH AMERICAN ASSOCIATION
3834 N CICEROCHICAGOIL60641UNRELATED501(C)3GENERAL$5,000
SMILE TRAIN
PO BOX 96246WASHINGTONDC20090UNRELATED501(C)3GENERAL$5,000
UNITED CEREBRAL PALSY
547 W JACKSON BLVDCHICAGOIL60661UNRELATED501(C)3GENERAL$6,250
WOUNDED WARRIORS
PO BOX 758517TOPEKAKS66675UNRELATED501(C)3GENERAL SUPPORT$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$372,028TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1NEEDY SCHOLARSHIP RECIPIENTS AWARDED IN 2014 PD IN FUTUREBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1230 E OHIO ST STE 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipUNRELATEDRecipientRelationshipTxt
Recipient Foundation Status501(C)3RecipientFoundationStatusTxt
Grant Or Contribution PurposeCOLLEGE SCHOLARSHIPSGrantOrContributionPurposeTxt
Amt$642,222Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$642,222TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,748ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$625,262ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$627,010ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$627,010TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING & TAX COMPLIANCECategoryTxt
Amt$4,400Amt
Net Investment Income$4,400NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Amortization Schedule AmortizationSchedule

Amortization Schedule Detail AmortizationScheduleDetail (15 entries)

Amortized ExpensesAmortizedExpensesDescAcquired Completed Or ExpendedAcquiredCompletedOrExpendedDtAmortizedAmortizedAmtDeduction For Prior YearsDeductionForPriorYearsAmtAmortization PeriodAmortizationPeriodRtCurrent Year AmortizationCurrentYearAmortizationAmtNet Investment IncomeNetInvestmentIncomeAmtTotal AmortizationTotalAmortizationAmt
LEASE COMM HOOTENANNY2012-03-02$60,800$16,150128.000000000000$5,700$5,700$21,850
LEASE COMM ASUG2012-10-30$193,375$41,899120.000000000000$19,338$19,338$61,237
LEASE COMM PULMONARY2012-12-07$28,770$19,97936.000000000000$8,791$8,791$28,770
LEASE COMM 4002013-01-31$30,363$11,64060.000000000000$6,073$6,073$17,713
LEASE COMM 4032013-05-10$18,769$6,25760.000000000000$3,754$3,754$10,011
LEASE COMM 4052013-07-29$9,555$2,70760.000000000000$1,911$1,911$4,618
LEASE COMM 4082013-11-01$10,125$2,36360.000000000000$2,025$2,025$4,388
LEASE COMM 4102013-11-01$2,168$50660.000000000000$434$434$940
LEASE COMM 6002014-06-01$53,331$6,22260.000000000000$10,666$10,666$16,888
LEASE COMM 2102014-01-01$1,925$38560.000000000000$385$385$770
LEASE COMM 6032014-07-01$17,106$1,71160.000000000000$3,421$3,421$5,132
LEASE COMM 104/2072014-08-01$17,448$1,45460.000000000000$3,490$3,490$4,944
LEASE COMM 4062014-11-20$4,976$8360.000000000000$995$995$1,078
LEASE COMM 3052015-01-14$14,64560.000000000000$2,929$2,929$2,929
LEASE COMM 1122015-01-22$7,93560.000000000000$1,455$1,455$1,455

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (41 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
FURNITURE2010-10-15$40,000$26,006200DB7.000000000000$3,568$5,714
BUILDING2005-07-01$2,513,502$685,578SL39.000000000000$64,449$64,449
LAND2005-07-01$4,290,800L$0$0
FORD VEHICLE2008-01-15$18,000$18,000200DB5.000000000000$0$0
EQUIPMENT2008-01-15$8,343$8,343200DB5.000000000000$0$0
CC TV CAMERA2008-10-15$391$309200DB5.000000000000$0$0
BUILDING IMPROVEMENTS2006-08-01$2,775$799SL39.000000000000$71$71
BUILDING IMPROVEMENTS 4TH2013-08-15$41,003$1,489SL39.000000000000$1,051$1,051
BUILDING IMPROVEMENTS 6TH2013-11-18$10,790$300SL39.000000000000$277$277
BUILDING IMPROVEMENTS LOBBY2013-02-19$8,016$377SL39.000000000000$206$206
BUILDING IMPROVEMENTS WASHROOM2013-03-18$29,681$1,332SL39.000000000000$761$761
BUILDING IMPROVEMENTS #2072013-09-18$8,961$287SL39.000000000000$230$230
BUILDING IMPROVEMENTS #2082013-01-15$1,809$92SL39.000000000000$46$46
BUILDING IMPROVEMENTS #4002013-01-31$106,744$5,246SL39.000000000000$2,737$2,737
BUILDING IMPROVEMENTS #4032013-05-10$58,788$2,512SL39.000000000000$1,507$1,507
BUILDING IMPROVEMENTS #4052013-07-29$37,630$1,367SL39.000000000000$965$965
BUILDING IMPROVEMENTS #4082013-11-01$35,490$1,062SL39.000000000000$910$910
BUILDING IMPROVEMENTS #4102013-11-01$27,348$818SL39.000000000000$701$701
BUILDING IMPROVEMENTS #5002013-01-15$53,736$2,756SL39.000000000000$1,378$1,378
BUILDING IMPROVEMENTS #7062013-12-17$2,016$52SL39.000000000000$52$52
FURNITURE 20132013-01-18$1,445$280200DB7.000000000000$126$206
BUILDING IMPROVEMENTS 1ST2014-09-04$19,631$168SL39.000000000000$503$503
BUILDING IMPROVEMENTS 4TH2014-04-14$6,681$128SL39.000000000000$171$171
BUILDING IMPROVEMENTS 6TH2014-07-14$28,821$370SL39.000000000000$739$739
BUILDING IMPROVEMENTS 1012014-06-16$2,470$32SL39.000000000000$63$63
BUILDING IMPROVEMENTS #1022014-12-15$4,492$10SL39.000000000000$115$115
BUILDING IMPROVEMENTS #1062014-12-15$5,186$11SL39.000000000000$133$133
BUILDING IMPROVEMENTS #2072014-08-01$40,279$430SL39.000000000000$1,033$1,033
BUILDING IMPROVEMENTS #3052014-02-01$9,223$217SL39.000000000000$236$236
BUILDING IMPROVEMENTS #4052014-02-17$3,887$83SL39.000000000000$100$100
BUILDING IMPROVEMENTS #4062014-12-15$28,843$62SL39.000000000000$740$740
BUILDING IMPROVEMENTS #6002014-06-01$154,814$2,316SL39.000000000000$3,970$3,970
BUILDING IMPROVEMENTS #6032014-07-01$73,568$943SL39.000000000000$1,886$1,886
BUILDING IMPROVEMENTS 1042015-06-01$23,167SL39.000000000000$347$347
BUILDING IMPROVEMENTS 1122015-01-01$34,026SL39.000000000000$872$872
BUILDING IMPROVEMENTS 3052015-01-01$44,394SL39.000000000000$1,138$1,138
BUILDING IMPROVEMENTS 4002015-10-01$9,815SL39.000000000000$63$63
BUILDING IMPROVEMENTS 4062015-10-01$6,250SL39.000000000000$40$40
BUILDING IMPROVEMENTS 6052015-02-01$53,168SL39.000000000000$1,250$1,250
FRIDGE2015-10-28$500200DB7.000000000000$286$12
2016 HONDA HRV2015-08-13$24,037200DB7.000000000000$10,776$1,382

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (56 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
FURNITURE$40,000$29,574$10,426
BUILDING$2,513,502$750,027$1,763,475
LAND$4,290,800$0$4,290,800
FORD VEHICLE$18,000$18,000$0
EQUIPMENT$8,343$8,343$0
CC TV CAMERA$391$309$82
BUILDING IMPROVEMENTS$2,775$870$1,905
LEASE COMM HOOTENANNY$60,800$21,850$38,950
LEASE COMM ASUG$193,375$61,237$132,138
LEASE COMM PULMONARY$28,770$28,770$0
BUILDING IMPROVEMENTS 4TH$41,003$2,540$38,463
BUILDING IMPROVEMENTS 6TH$10,790$577$10,213
BUILDING IMPROVEMENTS LOBBY$8,016$583$7,433
BUILDING IMPROVEMENTS WASHROOM$29,681$2,093$27,588
BUILDING IMPROVEMENTS #207$8,961$517$8,444
BUILDING IMPROVEMENTS #208$1,809$138$1,671
BUILDING IMPROVEMENTS #400$106,744$7,983$98,761
BUILDING IMPROVEMENTS #403$58,788$4,019$54,769
BUILDING IMPROVEMENTS #405$37,630$2,332$35,298
BUILDING IMPROVEMENTS #408$35,490$1,972$33,518
BUILDING IMPROVEMENTS #410$27,348$1,519$25,829
BUILDING IMPROVEMENTS #500$53,736$4,134$49,602
BUILDING IMPROVEMENTS #706$2,016$104$1,912
FURNITURE 2013$1,445$1,129$316
LEASE COMM 400$30,363$17,713$12,650
LEASE COMM 403$18,769$10,011$8,758
LEASE COMM 405$9,555$4,618$4,937
LEASE COMM 408$10,125$4,388$5,737
LEASE COMM 410$2,168$940$1,228
BUILDING IMPROVEMENTS 1ST$19,631$671$18,960
BUILDING IMPROVEMENTS 4TH$6,681$299$6,382
BUILDING IMPROVEMENTS 6TH$28,821$1,109$27,712
BUILDING IMPROVEMENTS 101$2,470$95$2,375
BUILDING IMPROVEMENTS #102$4,492$125$4,367
BUILDING IMPROVEMENTS #106$5,186$144$5,042
BUILDING IMPROVEMENTS #207$40,279$1,463$38,816
BUILDING IMPROVEMENTS #305$9,223$453$8,770
BUILDING IMPROVEMENTS #405$3,887$183$3,704
BUILDING IMPROVEMENTS #406$28,843$802$28,041
BUILDING IMPROVEMENTS #600$154,814$6,286$148,528
BUILDING IMPROVEMENTS #603$73,568$2,829$70,739
LEASE COMM 600$53,331$16,888$36,443
LEASE COMM 210$1,925$770$1,155
LEASE COMM 603$17,106$5,132$11,974
LEASE COMM 104/207$17,448$4,944$12,504
LEASE COMM 406$4,976$1,078$3,898
LEASE COMM 305$14,645$2,929$11,716
LEASE COMM 112$7,935$1,455$6,480
BUILDING IMPROVEMENTS 104$23,167$347$22,820
BUILDING IMPROVEMENTS 112$34,026$872$33,154
BUILDING IMPROVEMENTS 305$44,394$1,138$43,256
BUILDING IMPROVEMENTS 400$9,815$63$9,752
BUILDING IMPROVEMENTS 406$6,250$40$6,210
BUILDING IMPROVEMENTS 605$53,168$1,250$51,918
FRIDGE$500$286$214
2016 HONDA HRV$24,037$10,776$13,261

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescNONDEDUCTABLE ENTERTAINMENTDesc
Amt$17Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE EXPENSES$911$911$0
ENTERTAINMENT @ 50%$18$18$0
NSF RETURNED CHECKS$3,376$3,376$0
CAR & TRUCK$1,550$1,550$0
AMORTIZATION$71,367$71,367$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescSCHOLARSHIPS PREVIOUSLY RESTRICTED PAID IN 2015Desc
Amt$220,278Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
SCHOLARSHIPS COMMITTED BUT UNPAID$862,500$642,222
SECURITY DEPOSITS$250,587$285,030
WAGE DEDUCTIONS$138$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAX$1,780$1,780$0
PROPERTY TAXES$279,657$279,657$0

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