CITIZENS COMMUNITY FOUNDATION INC: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: CITIZENS COMMUNITY FOUNDATION INC (EIN 20-3537437)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-08-15
IRS object ID: 201422279349100717
Schema version: 2013v3.1
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
Form 990-PF
Accounting Fees Schedule
Compensation Explanation
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-08-15T10:15:10-05:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	611126082	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WILSON & COMPANY PSC	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1120	AddressLine1
City	SOMERSET	City
State	KY	State
ZIP Code	42502	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203537437	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CITIZENS COMMUNITY FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	CITI	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	145 WOODLAND DRIVE	AddressLine1
City	SOMERSET	City
State	KY	State
ZIP Code	42502	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CLAY PARKER DAVIS	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Signature	2014-08-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WILLIAM J WILSON III	PreparerPersonNm
PTIN	P00230345	PTIN
Phone	6066785158	PhoneNum
Preparation	2014-08-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$284,806	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$600	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$600	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$600	TotalRevAndExpnssAmt
Total Net Invst Incm	$600	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$920	AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss	$30	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$950	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$17,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$17,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$17,950	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$17,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$17,350	ExcessRevenueOverExpensesAmt
Net Investment Income	$600	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$302,156	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$284,806	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$284,806	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$302,156	TotalAssetsBOYAmt
Total Assets EOY	$284,806	TotalAssetsEOYAmt
Total Assets EOYFMV	$284,806	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$302,156	UnrestrictedBOYAmt
Unrestricted EOY	$284,806	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$302,156	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$284,806	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$302,156	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$284,806	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$302,156	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$17,350	ExcessRevenueOverExpensesAmt
Subtotal	$284,806	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$284,806	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$9,000	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$304,857	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.029522	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$35,000	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$322,855	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.108408	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$32,480	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$360,000	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.090222	DistributionYr3Rt
Net Vl Noncharitable Assets Yr4	$359,998	NetVlNoncharitableAssetsYr4Amt
Adjusted Qlfy Distri Yr5	$20,000	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$382,780	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.052249	DistributionYr5Rt
Total Distribution	0.280401	TotalDistributionRt
Average Distribution	0.070100	AverageDistributionRt
Net Vl Noncharitable Assets	$296,207	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$20,764	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$6	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$20,770	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$17,000	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$12	InvestmentIncomeExciseTaxAmt
Subtotal	$12	SubtotalAmt
Tax Based On Investment Income	$12	TaxBasedOnInvestmentIncomeAmt
Tax Due	$12	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	KY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	CLAY PARKER DAVIS	IndividualWithBooksNm
Phone	6066799229	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	145 WOODLAND AVENUE	AddressLine1
City	SOMERSET	City
State	KY	State
ZIP Code	42501	ZIPCode

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
CLAY PARKER DAVIS
145 WOODLAND DRIVE	SOMERSET	KY	42501	DIRECTOR	1.00	$0	$0	$0
CY WADDLE
780 JARVIS AVENUE	SOMERSET	KY	42501	DIRECTOR	0.00	$0	$0	$0
HARRIS RAKESTRAW III
3593 HIGHWAY 39	SOMERSET	KY	42503	DIRECTOR	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$300,718	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$300,718	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$300,718	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,511	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$296,207	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$14,810	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$14,810	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$12	TaxBasedOnInvestmentIncomeAmt
Total Tax	$12	TotalTaxAmt
Distributable Before Adj	$14,798	DistributableBeforeAdjAmt
Distributable Before Ded	$14,798	DistributableBeforeDedAmt
Distributable As Adjusted	$14,798	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$17,000	ExpensesAndContributionsAmt
Qualifying Distributions	$17,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$17,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$14,798	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$27,007	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$18,889	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$45,896	TotalExcessDistributionCyovAmt
Qualifying Distributions	$17,000	QualifyingDistributionsAmt
Applied To Current Year	$14,798	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,202	RemainingDistriFromCorpusAmt
Total Corpus	$48,098	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$48,098	ExcessDistriCyovToNextYrAmt
Excess From Year3	$27,007	ExcessFromYear3Amt
Excess From Year2	$18,889	ExcessFromYear2Amt
Excess From Current Year	$2,202	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2	Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GEORGETOWN COLLEGE
GEORGETOWN COLLEGE	400 EAST COLLEGE STREET	GEORGETOWN	KY	40324	NONE	NONE	DONATION - DONEE'S GENERAL PURPOSE	$5,000
LAKE CUMB FRNDS OF BRENDA HRANIKY
	PO BOX 760	SOMERSET	KY	42502	NONE	NONE	DONATION - DONEE'S GENERAL PURPOSE	$10,000
NATIONAL GUARD MEMORIAL FUND
	PO BOX 5466	FRANKFORT	KY	406025466	NONE	NONE	DONATION - DONEE'S GENERAL PURPOSE	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$17,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$600	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$600	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$600	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt
ACCOUNTING FEES
ACCOUNTING FEES	$920

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (3 entries)

CLAY PARKER DAVIS
CY WADDLE
HARRIS RAKESTRAW III

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES AND LICENSE	CategoryTxt
Amt	$30	Amt

CITIZENS COMMUNITY FOUNDATION INC: Form 990PF, tax year 2013

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (3 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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