CITIZENS COMMUNITY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
CITIZENS COMMUNITY FOUNDATION INC (EIN 20-3537437)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-27
IRS object ID
201541479349100009
Schema version
2014v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-27T17:09:58-04:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611126082PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Wilson & Company PSCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1120AddressLine1Txt
CitySomersetCityNm
State AbbreviationKYStateAbbreviationCd
ZIP42502ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203537437EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Citizens Community Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCITIBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1145 Woodland DriveAddressLine1Txt
CitySomersetCityNm
State AbbreviationKYStateAbbreviationCd
ZIP42501ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonClay Parker DavisPersonNm
Person TitleDirectorPersonTitleTxt
Signature2015-05-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWilliam J Wilson IIIPreparerPersonNm
PTINP00230345PTIN
Phone6066785158PhoneNum
Preparation2015-05-27PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$394,012FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$120,119ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$574InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$574InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$120,693TotalRevAndExpnssAmt
Total Net Invst Incm$574TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$450AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$450AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$27TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$10OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$10OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$487TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$460TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$11,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$11,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$11,487TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$11,460TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$109,206ExcessRevenueOverExpensesAmt
Net Investment Income$574NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$284,806SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$394,012SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$394,012SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$284,806TotalAssetsBOYAmt
Total Assets EOY$394,012TotalAssetsEOYAmt
Total Assets EOYFMV$394,012TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$284,806UnrestrictedBOYAmt
Unrestricted EOY$394,012UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$284,806TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$394,012TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$284,806TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$394,012TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$284,806TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$109,206ExcessRevenueOverExpensesAmt
Subtotal$394,012SubtotalAmt
Tot Net Ast Or Fund Balances EOY$394,012TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$17,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$296,207NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.057392DistributionYr1Rt
Adjusted Qlfy Distri Yr2$9,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$304,857NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.029522DistributionYr2Rt
Adjusted Qlfy Distri Yr3$35,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$322,855NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.108408DistributionYr3Rt
Adjusted Qlfy Distri Yr4$32,480AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$360,000NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.090222DistributionYr4Rt
Net Vl Noncharitable Assets Yr5$359,998NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.0DistributionYr5Rt
Total Distribution0.285544TotalDistributionRt
Average Distribution0.057109AverageDistributionRt
Net Vl Noncharitable Assets$285,434NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$16,301AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$6NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$16,307AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$11,460QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$11InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$11SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$11TaxBasedOnInvestmentIncomeAmt
Tax Due$11TaxDueAmt

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 AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateKYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Individual With BooksClay Parker DavisIndividualWithBooksNm
Phone6066799229PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1145 Woodland DriveAddressLine1Txt
CitySomersetCityNm
State AbbreviationKYStateAbbreviationCd
ZIP42501ZIPCd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Clay Parker Davis
145 Woodland DriveSomersetKY42501Director1.00$0$0$0
Cy Waddle
780 Jarvis AvenueSomersetKY42501Director0.00$0$0$0
Harris Rakestraw III
3593 Hwy 39SomersetKY42503Director0.00$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

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$289,781AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$289,781TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$289,781AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,347CashDeemedCharitableAmt
Net Vl Noncharitable Assets$285,434NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,272MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$14,272MinimumInvestmentReturnAmt
Tax Based On Investment Income$11TaxBasedOnInvestmentIncomeAmt
Total Tax$11TotalTaxAmt
Distributable Before Adj$14,261DistributableBeforeAdjAmt
Distributable Before Ded$14,261DistributableBeforeDedAmt
Distributable As Adjusted$14,261DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$11,460ExpensesAndContributionsAmt
Qualifying Distributions$11,460QualifyingDistributionsAmt
Adjusted Qualifying Distri$11,460AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$14,261DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$27,007ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$18,889ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$2,202ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$48,098TotalExcessDistributionCyovAmt
Qualifying Distributions$11,460QualifyingDistributionsAmt
Applied To Current Year$11,460AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$2,801ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$2,801ExcessDistributionCyovAppCYAmt
Total Corpus$45,297TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$45,297ExcessDistriCyovToNextYrAmt
Excess From Year4$24,206ExcessFromYear4Amt
Excess From Year3$18,889ExcessFromYear3Amt
Excess From Year1$2,202ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Project 58-10 Inc
102 Bourne AveSomersetKY425012102PCDonees general purpose$2,000
Gods Food Pantry
119 South Central Avenue PO Box 259SomersetKY42501PCDonees general purpose$2,000
Georgetown College
400 East College StreetGeorgetownKY40324PCDonees general purpose$5,000
Pulaski County Humane Society
PO Box 448SomersetKY42502PCDonees general purpose$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$11,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$574ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$574ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$574TotalIncomeProducingActyAmt

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
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonWalker Family Charitable TrustContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1101 North MapleAddressLine1Txt
CitySomersetCityNm
State AbbreviationKYStateAbbreviationCd
ZIP42501ZIPCd
FieldValueIRS element (for citing)
Total Contributions$120,119TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$450Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$450DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMiscellaneous ExpenseDesc
Revenue And Expenses Per Books$10RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$10DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonWalker Family Charitable TrustPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 North MapleAddressLine1Txt
CitySomersetCityNm
State AbbreviationKYStateAbbreviationCd
ZIP42501ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTaxes and LicenseCategoryTxt
Amt$27Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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