2015-09-01T05:14:59-07:00 2015-03-31 Tapia & Huckabay PC PO Box 38 Vergennes VT 05491 990 2014-04-01 472238708 King Street Center Foundation Inc KING 8028626736 PO Box 1615 Burlington VT 05402 VICTORIA SMITH PRESIDENT 8028626736 2015-08-12 true WILLIAM S HUCKABAY CPA 8028707086 2014 2016-02-25 16:41:14Z X VICTORIA SMITH 87 King Street Burlington VT 05401 14079 false X N/A X 2014 VT To support King Street Center, Inc. ("KSC") Such support includes 1) the purchase of certain real property and improvements, 2) the leasing of the Project Property to KSC and 3) all other purposes permitted by law that further the support of KSC. 5 5 0 5 0 0 0 79 14000 14079 0 0 0 0 0 64442 64442 -50363 7039524 7089887 -50363 To support King Street Center, Inc. ("KSC") false false 64442 THE KING STREET CENTER FOUNDATION (KSCF) IS A SUPPORTING ORGANIZATION OF THE KING STREET CENTER ("KSC") WHOSE MISSION IS TO ".. DEVELOP RESPONSIBLE AND PRODUCTIVE CHILDREN, YOUTH AND FAMILIES THROUGH EDUCATIONAL, RECREATIONAL AND SOCIAL PROGRAMS." KSCF IS A "QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS" FOR PURPOSES OF ENTERING INTO A FINANCING ARRANGEMENT INVOLVING "NEW MARKETS TAX CREDIT." AS PART OF THE FINANCING STRUCTURE, KSC TRANSFERRED EXISTING REAL PROPERTY AND CONSTRUCTION IN PROGRESS TO KSCF WHO THEN COMPLETED THE MAJOR CONSTRUCTION AND RENOVATIONS ON THE "KING STREET CENTER" FACILITY IN DOWNTOWN BURLINGTON, VERMONT. 64442 true false false false false false false false false false true false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false true true false X VICTORIA SMITH 8028626736 87 King Street Burlington VT 05401 VICTORIA SMITH President 2.00 X 0 59914 15720 MICHAEL MONTE Director 0.20 X 0 0 0 RICHARD ELMORE Director 0.20 X 0 0 0 ANNA GRADY Director 0.20 X 0 0 0 GRANT LEIBERSBERGER Director 0.20 X 0 0 0 CHUCK GINSBURG Director 0.20 X 0 0 0 59914 15720 0 false false false 0 79 79 14000 14000 14000 14000 14079 14000 79 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20897 20897 0 0 0 0 0 0 21203 21203 0 0 0 0 0 0 Bank Fees 313 313 0 0 Asset Management Fee 9226 9226 0 0 Operating Expense Reimbursement 2225 2225 0 0 Amortization 10578 10578 0 0 64442 64442 0 0 X 0 0 0 0 981554 151379 5716242 21203 5695039 211552 0 7039524 568633 6045000 476254 0 7089887 X -50363 0 -50363 0 7039524 -50363 X false true X true false X X X 1 King Street Center Inc 237236312 509(a)(1) true 64442 0 1 64442 0 0 0 0 0 0 true false false false false false false false false false false false false false false false true false 47000 47000 5524050 15345 5508705 75412 5443 69969 69780 415 69365 5695039 Due to Parent (King Street Center, Inc.) 476254 476254 Pt VI, Line 11b A draft of Form 990 is reviewed by the President with a final version made available to the Board prior to filing. Pt VI, Line 12c The President inquiries of Board members annually about any potential conflicts of interest. Pt VI, Line 15a The Organization has no employees and does not compensate any of its officers or directors. Pt VI, Line 15b See above. Pt VI, Line 19 The Organization has never been asked for its organizational documents, financial statements, or conflict of interest policy and has no formal policy related to the public inspection of this information. King Street Center Inc PO Box 1615 Burlington VT 05402 237236312 HUMAN SERVICE NPO VT 501(c)(3) 509(a)(1) NA false false false false false true false false false false false true false false false false false false false false King Street Center Inc (Direct Advances) e 476254 Cost King Street Center Inc (Loan Guarantee) e 6045000 Cost