CUTA-PAPA FOUNDATION INC: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CUTA-PAPA FOUNDATION INC (EIN 22-3536657)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-04-09
- IRS object ID
- 201310999349100401
- Schema version
- 2012v2.0
- 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
- Form 990-PF
- Schedule B
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-09T07:53:52-07:00 | 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 | CHARLES J HEUSER JR CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 54 SHREWSBURY AVE | AddressLine1 |
| City | RED BANK | City |
| State | NJ | State |
| ZIP Code | 077011130 | 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 | 223536657 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CUTA-PAPA FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CUTA | NameControl |
| Phone | 7325308805 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O C J HEUSER 54 SHREWSBURY AVE | AddressLine1 |
| City | RED BANK | City |
| State | NJ | State |
| ZIP Code | 07701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DR CHRISTOPHER PAPA | Name |
| Title | TRUSTEE | Title |
| Phone | 7325308805 | Phone |
| Date Signed | 2013-03-09 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES J HEUSER JR CPA | Name |
| Phone | 7325308805 | Phone |
| Date Prepared | 2013-04-09 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 88106 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 10000 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 2431 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2431 | DividendsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 12431 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2431 | TotalNetInvestmentIncome |
| Accounting Fees Rev And Expnss | 365 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 50 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 315 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 22 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 22 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 25 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 412 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 72 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 315 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 20000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 20412 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 72 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 315 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -7981 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2359 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 22408 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 14427 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 14427 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 37483 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 37483 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 73679 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 59891 | TotalAssetsBOY |
| Total Assets EOY | 51910 | TotalAssetsEOY |
| Total Assets EOYFMV | 88106 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 59891 | RetainedEarningsBOY |
| Retained Earnings EOY | 51910 | RetainedEarningsEOY |
| Total Net Assets BOY | 59891 | TotalNetAssetsBOY |
| Total Net Assets EOY | 51910 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 59891 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 51910 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 59891 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -7981 | ExcessOfRevenueOverExpenses |
| Subtotal | 51910 | Subtotal |
| Total Net Assets Fund Balances EOY | 51910 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 293 | QualifyingDistributionsYear1 |
| Distribution Ratio Year1 | 0.000000 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 294 | QualifyingDistributionsYear2 |
| Distribution Ratio Year2 | 0.000000 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 4056 | QualifyingDistributionsYear3 |
| Distribution Ratio Year3 | 0.000000 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 310 | QualifyingDistributionsYear4 |
| Distribution Ratio Year4 | 0.000000 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 379 | QualifyingDistributionsYear5 |
| Distribution Ratio Year5 | 0.000000 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.000000 | TotalDistributionRatio |
| Average Distribution Ratio | 0.000000 | AverageDistributionRatio |
| One Percent Net Investment Income | 24 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 24 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 315 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 24 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 24 | Subtotal |
| Tax Based On Investment Income | 24 | TaxBasedOnInvestmentIncome |
| Tax Paid Original Return | 0 | TaxPaidOriginalReturn |
| Tax Due | 24 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
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 |
| 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 | false | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | CHARLES J HEUSER JR | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 7325308805 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 54 SHREWSBURY AVENUE RED | AddressLine1 |
| City | BANK | City |
| State | NJ | State |
| ZIP Code | 07701 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| REGINA CUTA | ||||||||
| 17 CLOVER HILL LANE | COLTS NECK | NJ | 07722 | Trustee | 1.00 | 0 | 0 | 0 |
| CHRISTOPHER PAPA | ||||||||
| 17 CLOVER HILL LANE | COLTS NECK | NJ | 07722 | Trustee | 1.00 | 0 | 0 | 0 |
| CHARLES J HEUSER JR | ||||||||
| 54 SHREWSBURY AVE | RED BANK | NJ | 07701 | Trustee | 1.00 | 0 | 0 | 0 |
| DENNIS CONCANNON | ||||||||
| 226 SUMMER ROAD | NESHANIC STATION | NJ | 08853 | Trustee | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Based On Investment Income | 24 | TaxBasedOnInvestmentIncome |
| Total Tax | 24 | TotalTax |
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 315 | ExpensesAndContributions |
| Qualifying Distributions | 315 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 24 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 291 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 0 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 400 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 310 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 4075 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 315 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 315 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 5415 | TotalExcessDistriCarryover |
| Qualifying Distributions | 315 | QualifyingDistributions |
| Remaining Distri From Corpus | 315 | RemainingDistriFromCorpus |
| Total Corpus | 5730 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 400 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 5330 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 310 | ExcessFromYear4 |
| Excess From Year3 | 4075 | ExcessFromYear3 |
| Excess From Year2 | 315 | ExcessFromYear2 |
| Excess From Year1 | 315 | ExcessFromYear1 |
| Excess From Current Year | 315 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManager |
| Shareholder Manager | NONE | ShareholderManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| DEL VALLEY DOBERMAN PINSCHER ASSISTANCE | ||||||
| 357 THIRD AVE | PHOENIXVILLE | PA | 19460 | Charity | Health & Welfare | $3,000 |
| COLTS NECK COMMUNITY BAND | ||||||
| CEDAR DRIVE | COLTS NECK | NJ | 07722 | Charity | Expansion of Arts | $1,000 |
| DOBERMAN PINSCHER RESCUE OF PA INC | ||||||
| 15 BILLS WAY | LANDENBERG | PA | 19350 | Charity | Health & Welfare | $1,500 |
| DOBERMAN RESCUE OF THE TRIAD | ||||||
| PO BOX 14037 | GREENSBORO | NC | 27415 | Charity | Health & Welfare | $1,500 |
| THE CHALLAH FUND | ||||||
| 205 EASTON AVENUE | NEW BRUNSWICK | NJ | 08901 | Charity | Health & Welfare | $1,000 |
| NY GILBERT & SULLIVAN PL | ||||||
| 302 WEST 91ST ST | NEW YORK | NY | 10024 | Charity | Expansion of Arts | $2,000 |
| CHESTNUT HILL COLLEGE | ||||||
| 9601 GERMANTOWN AVE | PHILADELPHIA | PA | 19118 | Charity | Expansion of Arts | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 20000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,431 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,431 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 2431 | TotalPartXVIA |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | C PAPAR CUTA | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 CLOVER HILL LANE | AddressLine1 |
| City | COLTS NECK | City |
| State | NJ | State |
| ZIP Code | 07722 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 10000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (2 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| Johnson and Johnson Common Stock | 37483 | 70941 |
| Lannett Co., Inc | 2738 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NJ annual report | Description |
| Revenue And Expenses Per Books | 25 | RevenueAndExpensesPerBooks |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Income Tax | Category |
| Amount | $22 | Amount |
| Net Investment Income | 22 | NetInvestmentIncome |
Comments