SENIOR PRODUCTS INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
SENIOR PRODUCTS INC (EIN 35-1107017)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-16
IRS object ID
201543209349304079
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)
Return2015-11-16T10:31:52-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN562353893PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AGRESTA STORMS & O'LEARY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11459 E BRUNSWICK AVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46227ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN351107017EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SENIOR PRODUCTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSENIBusinessNameControlTxt
Phone8123769241PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LINDSEY STREETAddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationINStateAbbreviationCd
ZIP472016714ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROSS WESTERFELDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8123769241PhoneNum
Signature2015-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRAD M FELDMAN CPAPreparerPersonNm
PTINP00661658PTIN
Phone3177809850PhoneNum
Preparation2015-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROSS WESTERFELDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LINDSEY STREETAddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationINStateAbbreviationCd
ZIP472016714ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$113,920GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1978FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE COMPANY WAS ORGANIZED FOR THE PURPOSE OF PROVIDING WORK OPPORTUNITIES TO SENIOR CITIZENS. THE COMPANY IS ENGAGED PRIMARILY IN THE SALE OF SUPPLIES AND PROVIDING EMPLOYMENT PLACEMENT SERVICES FOR SENIORS CITIZENS IN THE COLUMBUS, INDIANA AREA.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$17PYInvestmentIncomeAmt
CY Investment Income$26CYInvestmentIncomeAmt
PY Other Revenue$23,953PYOtherRevenueAmt
CY Other Revenue$13,722CYOtherRevenueAmt
PY Total Revenue$23,970PYTotalRevenueAmt
CY Total Revenue$13,748CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$43,191PYOtherExpensesAmt
CY Other Expenses$41,248CYOtherExpensesAmt
PY Total Expenses$43,191PYTotalExpensesAmt
CY Total Expenses$41,248CYTotalExpensesAmt
PY Revenues Less Expenses-$19,221PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$27,500CYRevenuesLessExpensesAmt
Total Assets BOY$151,290TotalAssetsBOYAmt
Total Assets EOY$116,186TotalAssetsEOYAmt
Total Liabilities BOY$8,273TotalLiabilitiesBOYAmt
Total Liabilities EOY$669TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$143,017NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$115,517NetAssetsOrFundBalancesEOYAmt
MissionTHE COMPANY WAS ORGANIZED FOR THE PURPOSE OF PROVIDING WORK OPPORTUNITIES TO SENIOR CITIZENS. THE COMPANY IS ENGAGED PRIMARILY IN THE SALE OF SUPPLIES AND PROVIDING EMPLOYMENT PLACEMENT SERVICES FOR SENIOR CITIZENS IN THE COLUMBUS, INDIANA AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$41,248ExpenseAmt
Revenue$13,722RevenueAmt
DescSENIOR PRODUCTS PROVIDES WORK OPPORTUNITIES FOR SENIOR CITIZENS THROUGH THE MANUFACTURE AND SALE OF SUPPLIES AND THROUGH EMPLOYMENT PLACEMENT SERVICES.Desc
Total Program Service Expenses$41,248TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT M PITMANPersonNm
Phone8123769241PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LINDSEY STAddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationINStateAbbreviationCd
ZIP47201ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROSS WESTERFELD
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
TOM BROSEY
TREASURER1.00Yes (X)Yes (X)$0$0$0
ERIC BAIRD
BOARD MEMBER1.00Yes (X)$0$0$0
CARL BUSART
BOARD MEMBER1.00Yes (X)$0$0$0
BOB CALDERONE
BOARD MEMBER1.00Yes (X)$0$0$0
CINDY ROHM
BOARD MEMBER1.00Yes (X)$0$0$0
CRAIG LOWERY
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN MCGOVERN
BOARD MEMBER1.00Yes (X)$0$0$0
BRETT MERRITT
BOARD MEMBER1.00Yes (X)$0$0$0
THEODOSIA RUSH
BOARD MEMBER1.00Yes (X)$0$0$0
GREG SPEER
BOARD MEMBER1.00Yes (X)$0$0$0
BOB ROSS
BOARD MEMBER1.00Yes (X)$0$0$0
BOB PITMAN NON-VOTING
BOARD MEMBER1.00Yes (X)Yes (X)$0$0$0
DAN MUSTARD NON-VOTING
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$26TotalRevenueColumnAmt
Exclusion$26ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$106,170GrossSalesOfInventoryAmt
Cost Of Goods Sold$100,172CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,998TotalRevenueColumnAmt
Related Or Exempt Func Income$5,998RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business624100BusinessCd
Total Revenue Column$7,724TotalRevenueColumnAmt
Related Or Exempt Func Income$7,724RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,724OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,748TotalRevenueColumnAmt
Related Or Exempt Func Income$13,722RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$26ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$36,048TotalAmt
Program Services$36,048ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,605TotalAmt
Program Services$3,605ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,595TotalAmt
Program Services$1,595ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$41,248TotalAmt
Program Services$41,248ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$40,442BOYAmt
EOY$25,947EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$57,200BOYAmt
EOY$57,162EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,456BOYAmt
EOY$17,190EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$31,799BOYAmt
EOY$9,960EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$63,374LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$57,447LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,393BOYAmt
EOY$5,927EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$151,290BOYAmt
EOY$116,186EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,273BOYAmt
EOY$669EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,273BOYAmt
EOY$669EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$143,017BOYAmt
EOY$115,517EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$143,017BOYAmt
EOY$115,517EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$151,290BOYAmt
EOY$116,186EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$27,500ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$56,499CurrentTaxYearMinus4YearsAmt
Total$56,499TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$177,472CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$156,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$174,194CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$141,882CurrentTaxYearMinus1YearAmt
Current Tax Year$106,170CurrentTaxYearAmt
Total$755,770TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$233,971CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$156,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$174,194CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$141,882CurrentTaxYearMinus1YearAmt
Current Tax Year$106,170CurrentTaxYearAmt
Total$812,269TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$812,269PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$115CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17CurrentTaxYearMinus1YearAmt
Current Tax Year$26CurrentTaxYearAmt
Total$229TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$115CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17CurrentTaxYearMinus1YearAmt
Current Tax Year$26CurrentTaxYearAmt
Total$229TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$859CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$64CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$75CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,508CurrentTaxYearMinus1YearAmt
Current Tax Year$7,723CurrentTaxYearAmt
Total$10,229TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$234,945CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$156,164CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$174,292CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$143,407CurrentTaxYearMinus1YearAmt
Current Tax Year$113,919CurrentTaxYearAmt
Total$822,727TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.98730PublicSupportCY509Pct
Public Support PY5090.99440PublicSupportPY509Pct
Investment Income CY0.00030InvestmentIncomeCYPct
Investment Income PY0.00040InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,693OtherCostOrOtherBasisAmt
Depreciation$395DepreciationAmt
Book Value$1,298BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$61,681OtherCostOrOtherBasisAmt
Depreciation$57,052DepreciationAmt
Book Value$4,629BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,927TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATIONS ARE ORGANIZED AS NOT-FOR-PROFIT CORPORATIONS AND, ACCORDINGLY, ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE ORGANIZATIONS HAVE EVALUATED THE TAX POSITIONS THEY HAVE TAKEN, OR EXPECT TO TAKE, IN THE COURSE OF PREPARING THE ORGANIZATIONS' TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAXING AUTHORITY. GAAP REQUIRES THE BENEFIT ARISING FROM AN UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ORGANIZATIONS HAVE TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ORGANIZATIONS' EXEMPT STATUS IN JEOPARDY AS OF DECEMBER 31, 2014. THE ORGANIZATIONS FILE FEDERAL AND STATE OF INDIANA RETURNS. THE ORGANIZATIONS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATIONS BELIEVE THEY ARE NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
BOB ROSS
BOARD MEMBER FOR BOTH ORGANIZATIONSMILL RACE CENTER PROVIDES MANAGEMENT AND ACCOUNTING SERVICES FOR SENIOR PRODUCTS, INC.0
ROSS WESTERFELD
BOARD MEMBER FOR BOTH ORGANIZATIONSMILL RACE CENTER PROVIDES MANAGEMENT AND ACCOUNTING SERVICES FOR SENIOR PRODUCTS, INC.0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2CERTAIN DIRECTORS/OFFICERS ARE THE SAME FOR THE MILL RACE CENTER, INC., ANOTHER NONPROFIT ORGANIZATION, LOCATED IN COLUMBUS, INDIANA. ADDITIONALLY THE MILL RACE CENTER, INC. PERFORMS BOOKKEEPING SERVICES TO SENIOR PRODUCTS, INC.
FORM 990, PART VI, SECTION A, LINE 3THE MILL RACE CENTER, INC. PROVIDES MANAGEMENT SERVICES TO SENIOR PRODUCTS, INC., ANOTHER NONPROFIT ORGANIZATION LOCATED IN COLUMBUS, INDIANA.
FORM 990, PART VI, SECTION B, LINE 11THE BOARD OF DIRECTORS WERE PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE IT WAS FILED.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE EXECUTIVE COMMITTEE IS PRIMARILY RESPONSIBLE FOR OVERSEEING THE REVIEW OF THE FINANCIAL STATEMENTS. THE EXECUTIVE COMMITTEE IS COMPRISED OF ALL BOARD MEMBERS.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.