MAJESTIC RANCH ARTS FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MAJESTIC RANCH ARTS FOUNDATION (EIN 74-1908420)
- Tax period
- 2012-04-01 to 2013-03-31
- Filed
- 2013-11-14
- IRS object ID
- 201313189349100436
- Schema version
- 2012v2.3
- 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
- Compensation Explanation
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Land Etc Schedule2
- Mortgages And Notes Payable Sch
- Other Expenses Schedule
- Other Notes Loans Rcvbl Short Sch2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T10:16:20-06:00 | Timestamp |
| Tax Period End Date | 2013-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL R ARTHUR CPA RFC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W HOSACK ST STE 101 | AddressLine1 |
| City | BOERNE | City |
| State | TX | State |
| ZIP Code | 780062626 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741908420 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAJESTIC RANCH ARTS FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MAJE | NameControl |
| Phone | 2108249061 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1708 | AddressLine1 |
| City | BOERNE | City |
| State | TX | State |
| ZIP Code | 78006 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBRA PIERCE | Name |
| Title | ASSISTANT SECRETARY | Title |
| Phone | 2108249061 | Phone |
| Date Signed | 2013-11-10 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL R ARTHUR | Name |
| Phone | 8302493166 | Phone |
| Date Prepared | 2013-11-14 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 5154017 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 31 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 8 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 8 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 8 | InterestOnSavingsAdjNetIncm |
| Gross Rents Rev And Expnss | 2580 | GrossRentsRevAndExpnss |
| Gross Rents Net Invst Incm | 2580 | GrossRentsNetInvstIncm |
| Gross Rents Adj Net Incm | 2580 | GrossRentsAdjNetIncm |
| Net Rental Income Or Loss | -8920 | NetRentalIncomeOrLoss |
| Net Gain Sale Assets Rev And Expnss | 334 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 3600 | GrossSalesPrice |
| Total Revenue And Expenses | 2953 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2588 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 2588 | TotalAdjustedNetIncome |
| Oth Empl Slrs Wgs Rev And Expnss | 35757 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 35757 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 10596 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 10596 | PensionEmplBnftDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 1603 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Dsbrs Chrtbl Prps | 1603 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 25899 | InterestRevAndExpnss |
| Interest Dsbrs Chrtbl Prps | 25899 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 27 | TaxesRevAndExpnss |
| Taxes Dsbrs Chrtbl Prps | 27 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 48672 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 28909 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 11500 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 11500 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 17409 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 151463 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 11500 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 11500 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 91291 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 151463 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 11500 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 11500 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 91291 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -148510 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 49379 | CashBOY |
| Cash EOY | 5519 | CashEOY |
| Cash EOYFMV | 5519 | CashEOYFMV |
| Other Notes And Loans Rcvbl BOY | 80000 | OtherNotesAndLoansRcvblBOY |
| Land Building And Equipment Basis | 2501210 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 563389 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 1989759 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 1937821 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 5148498 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 2119138 | TotalAssetsBOY |
| Total Assets EOY | 1943340 | TotalAssetsEOY |
| Total Assets EOYFMV | 5154017 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 23 | AccountsPayableBOY |
| Mortgages And Notes Payable BOY | 589051 | MortgagesAndNotesPayableBOY |
| Mortgages And Notes Payable EOY | 561786 | MortgagesAndNotesPayableEOY |
| Total Liabilities BOY | 589074 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 561786 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 3472614 | CapitalStockBOY |
| Capital Stock EOY | 3472614 | CapitalStockEOY |
| Retained Earnings BOY | -1942550 | RetainedEarningsBOY |
| Retained Earnings EOY | -2091060 | RetainedEarningsEOY |
| Total Net Assets BOY | 1530064 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1381554 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 2119138 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 1943340 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1530064 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -148510 | ExcessOfRevenueOverExpenses |
| Subtotal | 1381554 | Subtotal |
| Total Net Assets Fund Balances EOY | 1381554 | TotalNetAssetsFundBalancesEOY |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | X | ExemptOperatingFoundations |
| Date Of Ruling Letter | 2008-09-12 | DateOfRulingLetter |
| Investment Income Excise Tax NA | N/A | InvestmentIncomeExciseTaxNA |
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 |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Private Operating Foundation | true | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | WWW.MRAF.ORG | WebsiteAddress |
| Books In Care Of Person Name | DEBRA PIERCE | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2104154185 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 MENGER | AddressLine1 |
| City | SAN ANTONIO | City |
| State | TX | State |
| ZIP Code | 78259 | 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 | true | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| TOM HALLSTEAD | ||||||||
| 1250 NE LOOP 410 | SAN ANTONIO | TX | 78209 | CHAIRMAN | 10.00 | 0 | 0 | 0 |
| CAMERON HARRIS | ||||||||
| 2504 CHAMBERLAIN DRIVE | PLANO | TX | 75023 | SECRETARY | 4.00 | 0 | 0 | 0 |
| PETER COWGER | ||||||||
| 246 TURKEY KNOB | BOERNE | TX | 78006 | PRESIDENT | 8.00 | 0 | 0 | 0 |
| JOHN JONES | ||||||||
| PO BOX 1705 | BOERNE | TX | 78006 | VICE PRESIDE | 4.00 | 0 | 0 | 0 |
| MERLE S OLSON | ||||||||
| 1704 CORDILLERA TRACE | BOERNE | TX | 78006 | DIRECTOR | 4.00 | 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 | THE SCHOOL AT MAJESTIC RANCH | Description1 |
| Expenses1 | 216 | 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 | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 30103 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 30103 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 30103 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 452 | CashDeemedCharitable |
| Net Noncharitable Assets | 29651 | NetNoncharitableAssets |
| Minimum Investment Return | 1483 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 91291 | ExpensesAndContributions |
| Qualifying Distributions | 91291 | QualifyingDistributions |
| Adj Qualifying Distributions | 91291 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | 91291 | QualifyingDistributions |
| Remaining Distri From Corpus | 91291 | RemainingDistriFromCorpus |
| Total Corpus | 91291 | TotalCorpus |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Of Ruling | 2008-09-12 | DateOfRuling |
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 0 | CurrentYear |
| Year1 | 5247 | Year1 |
| Year2 | 12822 | Year2 |
| Year3 | 68284 | Year3 |
| Total | 86353 | Total |
Percent85 Of Lessor Percent85OfLessor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year1 | 4460 | Year1 |
| Year2 | 10899 | Year2 |
| Year3 | 58041 | Year3 |
| Total | 73400 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 91291 | CurrentYear |
| Year1 | 160868 | Year1 |
| Year2 | 279879 | Year2 |
| Year3 | 502423 | Year3 |
| Total | 1034461 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 91291 | CurrentYear |
| Year1 | 160868 | Year1 |
| Year2 | 279879 | Year2 |
| Year3 | 502423 | Year3 |
| Total | 1034461 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 989 | CurrentYear |
| Year1 | 5868 | Year1 |
| Year2 | 156823 | Year2 |
| Year3 | 45523 | Year3 |
| Total | 209203 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 8 | RelatedOrExemptFunctionIncome |
Net Rental Incm Re Debt Fincd Prop NetRentalIncmReDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | -$8,920 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 334 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$8,920 | ExclusionAmount |
| Related Or Exempt Function Income | 342 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -8578 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (2 entries)
| Line NumberLineNumber | Relationship StatementRelationshipStatement |
|---|---|
| 3 | INVESTMENT INCOME USED TO FUND CHARITABLE PURPOSE |
| 8 | SALE OF EQUIPMENT TO FUND CHARTIBLE PURPOSE |
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 |
Compensation Explanation CompensationExplanation
Compensation Compensation (5 entries)
| TOM HALLSTEAD |
| CAMERON HARRIS |
| PETER COWGER |
| JOHN JONES |
| MERLE S OLSON |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Property | DEPRECIATION | DescriptionOfProperty |
| Current Year Expense | 48672 | CurrentYearExpense |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ETCHING PRESS | Name |
| Date Acquired | 2006-09 | DateAcquired |
| How Acquired | PURCHASE | HowAcquired |
| Date Sold | 2012-09 | DateSold |
| Gross Sales Price | 3600 | GrossSalesPrice |
| Basis | 8094 | Basis |
| Total Net | 334 | TotalNet |
| Accumulated Depreciation | 4828 | AccumulatedDepreciation |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (3 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | 1419845 | 563389 | 856456 | 5148498 |
| LAND | 519740 | 519740 | ||
| LAND-24.59 ACRES | 561625 | 561625 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayable (2 entries)
| IndividualLendersName/Individual | Original Amount Of LoanOriginalAmountOfLoan | Balance DueBalanceDue | Date Of NoteDateOfNote | Maturity DateMaturityDate | Repayment TermsRepaymentTerms | Interest RateInterestRate | Security Provided By BorrowerSecurityProvidedByBorrower | Purpose Of LoanPurposeOfLoan | Desc Of Lender ConsiderationDescOfLenderConsideration |
|---|---|---|---|---|---|---|---|---|---|
| TERRI H KING-NOTE 1 | 350000 | 276258 | 2008-06 | 2023-06 | 2,953.50 PER MONTH | 0.0600 | REAL ESTATE | PURCHASE OF REAL ESTATE | CASH |
| DEBRA PIERCE-NOTE 2 | 350000 | 285528 | 2008-06 | 2023-06 | 2,953.50 PER MONTH | 0.0600 | REAL ESTATE | PURCHASE OF REAL ESTATE | CASH |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (13 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| CELL TOWER | ||||
| OVER ACCRUED RENTS | 11500 | 11500 | 11500 | |
| EXPENSES | ||||
| BANK FEES | 53 | 53 | ||
| COMPUTER, WEBSITE & INTERNET | 308 | 308 | ||
| CONTRACT SERVICES | 50 | 50 | ||
| INSURANCE | 9643 | 9643 | ||
| MISCELLANEOUS | -236 | -236 | ||
| OFFICE EXPENSE | 292 | 292 | ||
| REPAIRS & MAINTENANCE | 1605 | 1605 | ||
| SCHOOL | 216 | 216 | ||
| TELEPHONE | 813 | 813 | ||
| UTILITIES | 4665 | 4665 |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort
Name Of501c3 Organization NameOf501c3Organization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWN CASTLE USA INC | BusinessNameLine1 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | Category |
| Amount | $1,603 | Amount |
| Disbursements Charitable Prps | 1603 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROPERTY TAXES | Category |
| Amount | $27 | Amount |
| Disbursements Charitable Prps | 27 | DisbursementsCharitablePrps |