PARK FAMILY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PARK FAMILY FOUNDATION (EIN 20-2210340)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-15
- IRS object ID
- 201301359349101975
- Schema version
- 2012v2.1
- 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
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T14:44:38-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLDREY SENCHUK ROULEAU & WILLIAMS CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 S STATE AVE | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 497072844 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202210340 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PARK | NameControl |
| Phone | 9893541100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12805 YACHT CLUB CIRCLE | AddressLine1 |
| City | FORT MYERS | City |
| State | FL | State |
| ZIP Code | 33919 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES C PARK | Name |
| Title | PRESIDENT | Title |
| Phone | 9893541100 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARIE F WILLIAMS CPA | Name |
| Phone | 9893569065 | Phone |
| Date Prepared | 2013-05-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 491275 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 347203 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 12 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 12 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 12 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 2382 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2382 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 2382 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | 6789 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 230000 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 6789 | CapitalGainNetIncmNetInvstIncm |
| Gross Sales Less Returns And Allwnc | 75098 | GrossSalesLessReturnsAndAllwnc |
| Cost Of Goods Sold | 38803 | CostOfGoodsSold |
| Gross Profit Rev And Expnss | 36295 | GrossProfitRevAndExpnss |
| Gross Profit Adj Net Incm | 36295 | GrossProfitAdjNetIncm |
| Other Income Rev And Expnss | 610088 | OtherIncomeRevAndExpnss |
| Other Income Adj Net Incm | 610088 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 1002769 | TotalRevenueAndExpenses |
| Total Net Investment Income | 9183 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 648777 | TotalAdjustedNetIncome |
| Legal Fees Rev And Expnss | 4706 | LegalFeesRevAndExpnss |
| Legal Fees Adj Net Incm | 4706 | LegalFeesAdjNetIncm |
| Accounting Fees Rev And Expnss | 1600 | AccountingFeesRevAndExpnss |
| Accounting Fees Adj Net Incm | 1600 | AccountingFeesAdjNetIncm |
| Taxes Rev And Expnss | 175 | TaxesRevAndExpnss |
| Taxes Adj Net Incm | 175 | TaxesAdjNetIncm |
| Deprec And Depletion Rev And Expnss | 120277 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Adj Net Incm | 120277 | DeprecAndDepletionAdjNetIncm |
| Occupancy Rev And Expnss | 314399 | OccupancyRevAndExpnss |
| Occupancy Adj Net Incm | 207665 | OccupancyAdjNetIncm |
| Occupancy Dsbrs Chrtbl Prps | 106734 | OccupancyDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 584876 | OtherExpensesRevAndExpnss |
| Other Expenses Adj Net Incm | 402423 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 182453 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1026033 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 736846 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 289187 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1026033 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 736846 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 289187 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -23264 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 9183 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 27480 | CashBOY |
| Cash EOY | 355850 | CashEOY |
| Cash EOYFMV | 355850 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 298435 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 78087 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 102068 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 20000 | AccountsReceivable |
| Accounts Receivable EOY | 20000 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 20000 | AccountsReceivableEOYFMV |
| Other Notes And Loans Rcvbl BOY | 10702 | OtherNotesAndLoansRcvblBOY |
| Inventories For Sale Or Use EOY | 3640 | InventoriesForSaleOrUseEOY |
| Inventories For Sale Or Use EOYFMV | 3640 | InventoriesForSaleOrUseEOYFMV |
| Prepaid Expenses EOY | 9715 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 9717 | PrepaidExpensesEOYFMV |
| Land Building And Equipment Basis | 4769928 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 549624 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 4333331 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 4220304 | LandBuildingAndEquipmentEOY |
| Other Assets BOY | 10296 | OtherAssetsBOY |
| Other Assets EOY | 9360 | OtherAssetsEOY |
| Total Assets BOY | 4680244 | TotalAssetsBOY |
| Total Assets EOY | 4696956 | TotalAssetsEOY |
| Total Assets EOYFMV | 491275 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 38000 | AccountsPayableBOY |
| Accounts Payable EOY | 50113 | AccountsPayableEOY |
| Deferred Revenue EOY | 27863 | DeferredRevenueEOY |
| Other Liabilities BOY | 200000 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 200000 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 238000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 277976 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 4442244 | UnrestrictedBOY |
| Unrestricted EOY | 4418980 | UnrestrictedEOY |
| Total Net Assets BOY | 4442244 | TotalNetAssetsBOY |
| Total Net Assets EOY | 4418980 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 4680244 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 4696956 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 4442244 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -23264 | ExcessOfRevenueOverExpenses |
| Subtotal | 4418980 | Subtotal |
| Total Net Assets Fund Balances EOY | 4418980 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (7 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| 2682.403 SHS FUNDAMENTAL INVS INC CL | D | 2008-03-25 | 2012-01-19 | 100000 | 105204 | -5204 | -5204 |
| 1293.661 SHS FUNDAMENTAL INVS INC CL | D | 2008-03-25 | 2012-04-20 | 50000 | 50737 | -737 | -737 |
| 752.068 SHS FUNDAMENTAL INVS INC CL | D | 2008-11-18 | 2012-10-12 | 30000 | 17832 | 12168 | 12168 |
| 1123.375 SHS FUNDAMENTAL INVS INC CL | D | 2008-03-25 | 2012-07-13 | 42239 | 44059 | -1820 | -1820 |
| 14.742 SHS FUNDAMENTAL INVS INC CL | D | 2008-05-28 | 2012-07-13 | 554 | 612 | -58 | -58 |
| 16.497 SHS FUNDAMENTAL INVS INC CL | D | 2008-08-18 | 2012-07-13 | 620 | 614 | 6 | 6 |
| 175.173 SHS FUNDAMENTAL INVS INC CL | D | 2008-11-18 | 2012-07-13 | 6587 | 4153 | 2434 | 2434 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 6789 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 363918 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 191654 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 1.898828 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 1982223 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 869299 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 2.280255 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 225011 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 968016 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.232446 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 54415 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 790663 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.068822 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 47959 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 448996 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.106814 | DistributionRatioYear5 |
| Total Distribution Ratio | 4.587165 | TotalDistributionRatio |
| Average Distribution Ratio | 0.917433 | AverageDistributionRatio |
| Net Noncharitable Assets | 232001 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 212845 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 92 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 212937 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 296437 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 92 | InvestmentIncomeExciseTax |
| Subtotal | 92 | Subtotal |
| Tax Based On Investment Income | 92 | TaxBasedOnInvestmentIncome |
| Tax Due | 92 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MI | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | JAMES C PARK | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9893541100 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 JOHNSON ST | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 49707 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| JAMES C PARK | ||||||||
| 801 JOHNSON ST | ALPENA | MI | 49707 | PRES / SECRE | 10.00 | 0 | 0 | 0 |
| PHILLIP SCOTT PARK | ||||||||
| 801 JOHNSON ST | ALPENA | MI | 49707 | VICE PRESIDE | 10.00 | 0 | 0 | 0 |
| JAMES C PARK | ||||||||
| 801 JOHNSON ST | ALPENA | MI | 49707 | DIRECTOR | 10.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATING THE ALPENA APLEX, FORMERLY KNOWN AS THE THUNDER BAY RECREATION CENTER, AND NORTHERN LIGHTS ARENA IN ALPENA, MI(PROVIDING ECONOMICAL RECREATION TO THE COMMUNITY) | Description1 |
| Expenses1 | 1026033 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 155830 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 73025 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 6679 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 235534 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 235534 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 3533 | CashDeemedCharitable |
| Net Noncharitable Assets | 232001 | NetNoncharitableAssets |
| Minimum Investment Return | 11600 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 11600 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 92 | TaxBasedOnInvestmentIncome |
| Total Tax | 92 | TotalTax |
| Distributable Amount Before Adj | 11508 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 11508 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 11508 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 289187 | ExpensesAndContributions |
| Amounts Paid Acq Charitable Assets | 7250 | AmountsPaidAcqCharitableAssets |
| Qualifying Distributions | 296437 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 92 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 296345 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 11508 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 25554 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 130884 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 176838 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 1938800 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 354335 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 2626411 | TotalExcessDistriCarryover |
| Qualifying Distributions | 296437 | QualifyingDistributions |
| Applied To Current Year | 11508 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 284929 | RemainingDistriFromCorpus |
| Total Corpus | 2911340 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 25554 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 2885786 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 130884 | ExcessFromYear4 |
| Excess From Year3 | 176838 | ExcessFromYear3 |
| Excess From Year2 | 1938800 | ExcessFromYear2 |
| Excess From Year1 | 354335 | ExcessFromYear1 |
| Excess From Current Year | 284929 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES C PARK PRESIDENT | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | JAMES C PARK | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 JOHNSON ST | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 49707 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9893541100 | RecipientPhoneNumber |
| Form And Info And Materials | WRITTEN FORM, NO RESTRICTIONS | FormAndInfoAndMaterials |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Program Service Revenue Part VII ProgramServiceRevenuePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | APLEX / NLA OPERATIONS | Description |
| Related Or Exempt Function Income | 610088 | RelatedOrExemptFunctionIncome |
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $12 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,382 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 6789 | RelatedOrExemptFunctionIncome |
Gross Profit Loss Sales Of Invntry GrossProfitLossSalesOfInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 36295 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,394 | ExclusionAmount |
| Related Or Exempt Function Income | 653172 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 655566 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumber |
| Relationship Statement | COMMUNITY EVENTS CENTER RENTAL AND EVENTS FOR BENEFIT OF COMMUNITY SERVED | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (3 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 1 | JAMES C PARK CHARITABLE LEAD | 12805 YACHT CLUB CIRCLE | FORT MYERS | FL | 33919 | 302203 | X |
| 2 | CITY OF ALPENA | 208 N 1ST AVE | ALPENA | MI | 49707 | 20000 | X |
| 3 | KIMBERLY A PARK | 11 BROOKS BEND | NEW HOPE | PA | 18938 | 25000 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $1,600 | Amount |
| Adjusted Net Income | 1600 | AdjustedNetIncome |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| JAMES C PARK |
| PHILLIP SCOTT PARK |
| JAMES C PARK |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (15 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|---|---|---|---|
| BUILDING | 2007-12-31 | 2708619 | 283595 | S/L | 39.0000 | 69452 | 69452 |
| VOLLEYBALL COURTS & RELATED IMPROVEMENTS | 2009-05-31 | 62246 | 4190 | S/L | 39.0000 | 1596 | 1596 |
| APLEX CONFERENCE CENTER | 2010-02-19 | 210270 | 10109 | S/L | 39.0000 | 5392 | 5392 |
| APLEX CONFERENCE CENTER | 2010-05-20 | 343886 | 14329 | S/L | 39.0000 | 8817 | 8817 |
| APLEX CONFERENCE CENTER | 2010-07-19 | 355952 | 13310 | S/L | 39.0000 | 9127 | 9127 |
| ENERGY EFFICIENT LIGHTS IMPROVEMENT | 2010-09-20 | 22379 | 741 | S/L | 39.0000 | 574 | 574 |
| APLEX CONFERENCE CENTER | 2010-08-23 | 208484 | 7350 | S/L | 39.0000 | 5346 | 5346 |
| APLEX CONFERENCE CENTER | 2010-10-25 | 414209 | 12833 | S/L | 39.0000 | 10621 | 10621 |
| APLEX CONFERENCE CENTER | 2010-12-08 | 120000 | 3205 | S/L | 39.0000 | 3077 | 3077 |
| KITCHEN EQUIPMENT | 2010-12-17 | 22116 | 22116 | 200DB | 7.0000 | ||
| 60 TABLES AND 628 CHAIRS | 2010-10-25 | 16460 | 16460 | 200DB | 7.0000 | ||
| BUILDING IMPROVEMENTS | 2011-05-19 | 240807 | 3859 | S/L | 39.0000 | 6175 | 6175 |
| KITCHEN EQPT & UPGRADES | 2011-07-01 | 37250 | 37250 | 200DB | 7.0000 | ||
| HOCKEY AREA CONSTRUCTION | 2012-06-15 | 4850 | S/L | 39.0000 | 67 | 67 | |
| TENNIS AREA CONSTRUCTION | 2012-06-15 | 2400 | S/L | 39.0000 | 33 | 33 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | 4769928 | CostOrOtherBasis |
| Accumulated Depreciation | 549624 | AccumulatedDepreciation |
| Book Value | 4220304 | BookValue |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount | $4,706 | Amount |
| Adjusted Net Income | 4706 | AdjustedNetIncome |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| ORGANIZATIONAL COSTS | 14040 | 14040 |
| LESS ACCUMULATED AMORTIZATION | -3744 | -4680 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (14 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| APLEX / NLA OPERATIONS | |||
| OFFICE AND JANITORIAL SUPPLIE | 26650 | 17603 | 9047 |
| INSURANCE | 29148 | 19253 | 9895 |
| TELEPHONE | 7538 | 4979 | 2559 |
| SUBCONTRACT LABOR - APLEX TEN | 4514 | 2982 | 1532 |
| MISCELLANEOUS EXPENSE | 26923 | 17783 | 9140 |
| NLA TOURNAMENT AND EVENT EXP | 93799 | 61956 | 31843 |
| SUBCONTRACTED SERVICES | 245145 | 161922 | 83223 |
| MANAGEMENT FEE - APLEX | 80000 | 52841 | 27159 |
| MANAGEMENT FEE - NLA | 9785 | 6463 | 3322 |
| ADVERTISING | 11181 | 7384 | 3797 |
| COST OF GOODS SOLD | 49257 | 49257 | |
| EXPENSES | |||
| AMORTIZATION | 936 | 936 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | APLEX / NLA OPERATIONS | Description |
| Revenue And Expenses Per Books | 610088 | RevenueAndExpensesPerBooks |
| Adjusted Net Income | 610088 | AdjustedNetIncome |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN PAYABLE - TRUST | Description |
| BOY Book Value | 200000 | BOYBookValue |
| EOY Book Value | 200000 | EOYBookValue |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort (2 entries)
| LOAN TO JON BENSON-KITCHEN STARTUP |
| ROUNDING |
Sales Of Inventory List SalesOfInventoryList
Sale Of Inventory SaleOfInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NLA CONCESSIONS | Category |
| Gross Sales | 75098 | GrossSales |
| Cost Of Goods Sold | 38803 | CostOfGoodsSold |
| Net | 36295 | Net |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|
| FEDERAL TAX | ||
| LICENSES & PERMITS | $175 | 175 |
Comments