CAMARA-PRESS FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
CAMARA-PRESS FOUNDATION (EIN 27-1985444)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201601349349102130
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)
Return2016-05-13T12:56:54-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363821954PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KOUTEK & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1930 N YORK RD STE 208AddressLine1Txt
CityHINSDALECityNm
State AbbreviationILStateAbbreviationCd
ZIP60521ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

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 TitleDIRECTORPersonTitleTxt
Signature2016-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL J KOUTEKPreparerPersonNm
PTINP01347740PTIN
Phone6303237797PhoneNum
Preparation2016-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,000,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$16,346InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$16,346InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$16,346InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$199,046DividendsRevAndExpnssAmt
Dividends Net Invst Incm$199,046DividendsNetInvstIncmAmt
Dividends Adj Net Incm$199,046DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$110,123NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$638,704GrossSalesPriceAmt
Total Rev And Expnss$2,105,269TotalRevAndExpnssAmt
Total Net Invst Incm$215,392TotalNetInvstIncmAmt
Total Adj Net Incm$215,392TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$655AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$655AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$655AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$1,355TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,355TaxesNetInvstIncmAmt
Taxes Adj Net Incm$1,355TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$40,594OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$40,594OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$40,594OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$42,604TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$42,604TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$42,604TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$406,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$406,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$448,604TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$42,604TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$42,604TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$406,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,656,665ExcessRevenueOverExpensesAmt
Net Investment Income$172,788NetInvestmentIncomeAmt
Adjusted Net Income$172,788AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Corporate Stock BOY$7,145,904CorporateStockBOYAmt
Corporate Stock EOY$8,802,569CorporateStockEOYAmt
Total Assets BOY$7,145,904TotalAssetsBOYAmt
Total Assets EOY$8,802,569TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$7,145,904UnrestrictedBOYAmt
Unrestricted EOY$8,802,569UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$7,145,904TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,802,569TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,145,904TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,802,569TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,145,904TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,656,665ExcessRevenueOverExpensesAmt
Subtotal$8,802,569SubtotalAmt
Tot Net Ast Or Fund Balances EOY$8,802,569TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$248,670AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$139,344AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$52,330AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$10,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,728NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,728AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$406,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Ruling Letter2011-06-01RulingLetterDt
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,728InvestmentIncomeExciseTaxAmt
Subtotal$1,728SubtotalAmt
Tax Based On Investment Income$1,728TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$33EsPenaltyAmt
Tax Due$1,761TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsfalseAtLeast5000InAssetsInd
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
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksPAUL J KOUTEKIndividualWithBooksNm
Phone6303237797PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1930 YORK ROAD SUITE 208AddressLine1Txt
CityHINSDALECityNm
State AbbreviationILStateAbbreviationCd
ZIP60521ZIPCd
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

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
THOMAS PRESS
3515 GREEN RIDGE ROADMINNETONKAMN55305DIRECTOR10.00$0$0$0
STELLA J CAMARA PRESS
3515 GREEN RIDGE ROADMINNETONKAMN55305DIRECTOR10.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1100,000 CONTRIBUTION TO THE MINNEAPOLIS RECREATION DEPARTMENTDescription1Txt
Description275,000 CONTRIBUTION TO JDRF OF MINNESOTA.Description2Txt
Description375,000 CONTRIBUTION TO POLICE CHAPLIN'S MINISTRY OF CHICAGODescription3Txt
Description450,000 CONTRIBUTION TO CANCER KIDSDescription4Txt

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$1,728TaxBasedOnInvestmentIncomeAmt
Total Tax$1,728TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$406,000ExpensesAndContributionsAmt
Qualifying Distributions$406,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,728PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$404,272AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$250,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$250,000TotalExcessDistributionCyovAmt
Qualifying Distributions$406,000QualifyingDistributionsAmt
Remaining Distri From Corpus$406,000RemainingDistriFromCorpusAmt
Total Corpus$656,000TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$656,000ExcessDistriCyovToNextYrAmt
Excess From Year1$250,000ExcessFromYear1Amt
Excess From Current Year$406,000ExcessFromCurrentYearAmt

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
2117 WEST RIVER ROADMINNEAPOLISMN55411501(C)(3)CHARITABLE$100,000
JDRF OF MINNESOTA
3001 METRO DRIVEBLOOMINGTONMN55425501(C)3CHARITABLE$75,000
POLICE CHAPLIN'S MINISTRY OF CHICAG
1140 W JACKSON BLVDCHICAGOIL60607501(C)3CHARITABLE$75,000
ANDREA MILLER FOUNDATION
PO BOX 163EXCELSIORMN55331501(C)3CHARITABLE$15,000
JEREMIAH PROGRAM
1510 LAUREL AVE W 100MINNEAPOLISMN55403501(C)3CHARITABLE$15,000
ODYSSEY PROJECT
21 N PARK STREETMADISONWI53715501(C)3CHARITABLE$50,000
HUMANE SOCIETY OF MINNESOTA
845 MEADOW LANE NGOLDEN VALLEYMN55422501(C)3CHARITABLE$10,000
RONALD MCDONALD HOUSE
1704 UNION STREETSAN FRANCISCOCA94123501(C)3XHARITABLE$10,000
ST JUDES
262 DANNY THOMAS PLACEMEMPHISTN38105501(C)3CHARITABLE$6,000
CANCER KIDS
2910 CENTRE POINT DRIVEROSEVILLEMN55113501(C)3CHARITABLE$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$406,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,346RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$199,046RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$110,123RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$105,269RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$105,269TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$655Amt
Net Investment Income$655NetInvestmentIncomeAmt
Adjusted Net Income$655AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
MERRILL LYNCHPURCHASE$23,501$38,466-$14,965
MERRILL LYNCHPURCHASE$615,203$710,361-$95,158

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMERRILL LYNCHStockNm
EOY Book Value$8,802,569EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
INVESTMENT MANAGEMENT EXPENSE$40,594$40,594$40,594

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
MINNESOTA INCOME TAX$25$25$25
DEPT OF THE TREASURY$1,330$1,330$1,330

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