2013-06-14T01:06:48-00:00 2012-12-31 Williams & Associates PLC PO Box 410 Mason City IA 504020410 990PF 2012-01-01 255100130 Adams Family Fndn of Nora Springs IA ADAM 5152467984 215 10th Street Room 1300 Des Moines IA 50309 Sally McConnell 2013-06-14 true Robert W Williams CPA 6414233180 2013-06-10 2012 2016-03-07 17:11:31Z X 8844051 X 680000 1329 1329 212569 204657 88288 976013 88288 150 150 982336 294424 6923 6923 2950 1966 984 15879 15183 54 54 16528 888 2636 558 2078 44970 18649 9985 222301 222301 267271 18649 232286 715065 275775 305 860 860 287841 1039069 1039069 268312 161831 169444 6864108 6918516 7634678 -266 -1076 7420300 8119200 8844051 0 X 7420300 8119200 7420300 8119200 7420300 8119200 7420300 715065 16946 8152311 33111 8119200 67,121.951 sh Franklin Inv Sec Tr 2011-08-31 2012-08-01 688000 694712 -6712 -6712 Goodrich Corp merger 2011-08-08 2012-07-27 76500 50627 25873 25873 1,000 sh 3SBio Inc ADS 2011-08-17 2012-07-23 11598 15261 -3663 -3663 Tootsie Roll Ins-cash in lieu 2011-08-05 2012-04-06 11 13 -2 -2 Atlas Resource Ptr-cash in lieu 2012-03-19 2012-03-19 4 3 1 1 6 sh Atlas Resource Ptr 2012-03-19 2012-07-23 144 139 5 5 121 sh Global Sources Ltd 2009-12-24 2012-07-23 773 767 6 6 100 sh Amcol Intl Corp 2009-12-24 2012-07-23 2844 2912 -68 -68 96 hs Citigroup Inc 2009-12-24 2012-07-23 2349 3182 -833 -833 Fayette Co KY Sch Distr Fin 2009-12-24 2012-01-01 25000 25000 Fleming IS Plan N Cmnty Dev 2009-12-24 2012-05-01 20000 20000 165 sh Frontier Comm 2009-12-24 2012-07-23 578 1253 -675 -675 Hillsborough Cnty FL A Aviation 2009-12-24 2012-10-01 25000 25000 Lake Cnty FL Sch 2009-12-24 2012-06-01 25000 25000 50 sh Research in Motion 2009-12-24 2012-07-23 319 3361 -3042 -3042 Richardson, TX Ind Sch Dist 2009-12-24 2012-02-15 10000 10024 -24 -24 150 sh Schnitzer Steel Inds 2009-12-24 2012-07-23 4036 7230 -3194 -3194 100 sh Sterlite Inds 2009-12-24 2012-07-23 691 1833 -1142 -1142 100 sh 3SBio Ind ADS 2009-12-24 2012-07-23 1160 1408 -248 -248 88288 26575 false 124562 5931261 000.021001 36000 435482 000.082667 20000 333511 000.059968 16289 288988 000.056366 10000 200789 000.049804 000.269806 000.053961 8145145 439520 2758 442278 232286 5516 5516 5516 7820 7820 7820 23 2281 2281 false false false false false false false true true IA true false true false false true N/A Deb O'Banion 6414255779 PO Box 24 14 6th St NW Nora Springs IA 50458 false false false false false false false false false false false false false false true false false false false false Kenneth E Kirk PO Box 335 Osage IA 50461 005.00 0 Bruce I Campbell 215 10th St Suite 1300 Des Moines IA 50309 004.00 0 Deb O'Banion PO Box 24 14 6th St NW Nora Springs IA 50458 004.00 0 Ron Hoel 404 3rd St NE Nora Springs IA 50458 005.00 0 N/A 0 7633630 635553 0 8269183 8269183 124038 8145145 407257 407257 5516 5516 401741 401741 401741 232286 232286 232286 401741 145562 232286 145562 86724 315017 None None Sally McConnell 11561 48th Avenue St Petersburg FL 33708 7273974004 Letter request - no prescribed form None Recipient of scholarship must attend a 2 yr or 4 yr post high school educational institution located in Iowa. Meganne McMurray 215 1st St NW Nora Springs IA 50458 None College scholarship 5000 Amy Rosenbaum 24053 305th St Nora Springs IA 50458 None College scholarship 5000 Matthew Kelley 405 2nd St NE Nora Springs IA 50458 None College scholarship 5000 Payton Comentino 609 8th St NW Nora Springs IA 504588853 None College scholarship 5000 Ryan Stiles 113 JJ Circle Nora Springs IA 504588611 None College scholarship 5000 NIACC Foundation 500 College Dr Mason City IA 50401 None College scholarship 100800 Amy Rosenbaum 24053 305th St Nora Springs IA 50458 None College scholarship 5000 Nora Springs Lions Club 16 South Summitt Nora Springs IA 50458 None Doors for Community Center, operating expenses 6000 Portland Community Springers 4-H Club c/o Dave Luett 24040 260th St Nora Springs IA 50458 None Bird feeding community project 650 Nora Springs-Rock Falls Youth Summer Ball Program c/o Kendra Kelley PO Box 182 Nora Springs IA 50458 None Softball and baseball equipment 7587 City of Nora Springs 14 N Hawkeye Ave Nora Springs IA 50458 None Pool repair 2856 Nora Springs Lions Club 16 South Summitt Nora Springs IA 50458 None 3 furnaces, 3 air conditioners 11750 Nora Springs Public Library PO Box 337 Nora Springs IA 50458 None Donation 1000 Park Cemetery Association c/o Betty Kraninger 1055 135th St Nora Springs IA 50458 None Headstone restoration 17000 Park Cemetery Association North Wyatt Nora Springs IA 50458 None Donation 5000 City of Rudd PO Box 78 Rudd IA 50471 None Rudd East Lake Park campground addition 9000 Central Springs Middle School PO Box 367 Nora Springs IA 50458 None 20 I-Pads for middle school computer lab 9000 Interfaith Council Food Bank c/o Lenard Hamand 416 1st St NE Nora Springs IA 50458 None Donation 1000 American Legion Post #449 Michael Woodhouse Adjutant PO Box 4 Nora Springs IA 50458 None Roof replacement project 4658 Nora Springs Historical Society c/o Colleen Shanks 1251 Dancer Ave Nora Springs IA 50458 None Donation 5000 First Church of Christ Scientist 210 Massachusetts Ave P05-15 Boston MA 02115 None General fund donation 1000 Fossil & Prairie Conservation Foundation PO Box 495 Rockford IA 50458 None Donation-Winnebago Scout Camp 10000 222301 14 1329 14 212569 18 88288 Royalty income from ltd ptp 15 7 Ordinary inc from ltd ptp 14 297 Net section 1231 loss from ltd ptp 14 -154 302336 302336 false false false false false false false false false false X X 1 John R Adams Estate in care of Sally McConnell 11561 48 St Petersburg FL 33708 680000 X Williams Associates, PLC 2950 1966 984 67,121.951 sh Franklin Inv Sec Tr 2011-08 2012-08 688000 694712 -6712 Goodrich Corp merger 2011-08 2012-07 76500 50627 25873 1,000 sh 3SBio Inc ADS 2011-08 2012-07 11598 15261 -3663 Tootsie Roll Ins-cash in lieu 2011-08 2012-04 11 13 -2 Atlas Resource Ptr-cash in lieu 2012-03 2012-03 4 3 1 6 sh Atlas Resource Ptr 2012-03 2012-07 144 139 5 121 sh Global Sources Ltd 2009-12 2012-07 773 767 6 100 sh Amcol Intl Corp 2009-12 2012-07 2844 2912 -68 96 hs Citigroup Inc 2009-12 2012-07 2349 3182 -833 Fayette Co KY Sch Distr Fin 2009-12 2012-01 25000 25000 Fleming IS Plan N Cmnty Dev 2009-12 2012-05 20000 20000 165 sh Frontier Comm 2009-12 2012-07 578 1253 -675 Hillsborough Cnty FL A Aviation 2009-12 2012-10 25000 25000 Lake Cnty FL Sch 2009-12 2012-06 25000 25000 50 sh Research in Motion 2009-12 2012-07 319 3361 -3042 Richardson, TX Ind Sch Dist 2009-12 2012-02 10000 10024 -24 150 sh Schnitzer Steel Inds 2009-12 2012-07 4036 7230 -3194 100 sh Sterlite Inds 2009-12 2012-07 691 1833 -1142 100 sh 3SBio Ind ADS 2009-12 2012-07 1160 1408 -248 Form 990PF Part I Line 1 Contributions Gifts Grants Received Cash contributions from Estate of John R Adams 680000 3206 shares of ATT Inc 89880 108074 16558 shares of Alliant Energy Corp 51754 72803 375 shares of Alliant Energy Corp 14837 16466 200 shares of American Express Company 8298 11496 200 shares of American Railcar Inds Inc Com 2063 6346 125 shares of Apple Inc Com 46603 66522 60 shares of Atlas Energy LP Com Units 955 2084 127 shares of Barrick Gold Corp Com 5137 4446 300 shares of BHP Billiton Ltd Spons ADR 23768 23526 750 shares of CH Robinson Worldwide Inc 50493 47415 700 shares of Canadian Natl Ry Co Com 49697 63707 550 shares of 63707 50111 49285 495285 shares of Chevron Corp New Com 47386 54070 54070 shares of Chicago Bridge Iron Co 47915 69525 69525 shares of Cisco Systems Inc 2389 1965 1965 shares of Coca Cola Company 52923 58000 256 shares of Comcast Corp Cl A 4372 9564 300 shares of Corning Inc Com 5799 3786 100 shares of Coventry Health Care Inc Com 2521 4483 500 shares of Coventry Health Care Inc Com 15672 22415 200 shares of DXP Enterprises Inc Com New 2608 9814 650 shares of Deere Co. 47211 56173 400 shares of Delta Airlines Inc Com New 4710 4748 600 shares of Diageo PLC Spons ADR New 47184 69948 1100 shares of DIrectTV Com Cl A 48946 55176 100 shares of EV Energy Partners LP Com 3031 5656 600 shares of Ebay Inc Com 14379 30599 400 shares of Ford Motor Co Del Com 4052 5180 3000 shares of General Electric Co Com 47832 62970 20 shares of Google Inc 12318 14148 500 shares of HDFC Bk Ltd ADRRepstg 3 SHS 13057 20360 900 shares of Hershey Co Com 50650 64998 1500 shares of Hewlett Packard Co Com 48714 21375 1800 shares of Hormel Foods Corp 50538 56178 1100 shares of Ingredion Inc Com 49691 70873 2400 shares of Intel Corp com 50191 49488 1600 shares of Johnson Ctls Inc Com 51097 49072 450 shares of Lorillard Inc Com 47677 52501 485 shares of MGM Resorts Intl Com 4668 5645 115 shares of MGM Resorts Intl Com 1531 1339 600 shares of McDonalds Corp 50201 52926 100 shares of Microsoft Corp 3088 2671 100 shares of Mindray Med Intl Ltd Spons ADR Repstg 3458 3270 850 shares of Mosaic Co New Com 50554 48135 42 shares of Motorola Solutions Inc Com 1363 2339 100 shares of Netgear Inc Com 2203 3943 1800 shares of Owens Corning New Com 49718 66582 700 shares of Philip Morris Intl Inc Com 48823 58548 268 shares of Pioneer Nat Res Co Com 13124 28566 800 shares of Procter Gamble Co Com 49051 54312 11000 shares of Raymond James Finl Inc Com 266970 423830 400 shares of Rio Tinto PLC Spons ADR 23504 23236 1000 shares of Rockwell Collins In Del Com Stk 50770 58170 1100 shares of Skyworks Solutions Inc Com 23054 22330 100 shares of Tidewater Inc 4765 4468 1905 shares of Tootsie Roll Inds Inc 49798 49378 53 shares of Travelers Cos Inc Com 2628 3806 550 shares of Union Pacific Corp Com 49789 69146 500 shares of United Contl Hldgs Inc Com 6555 11690 200 shares of Vale SA ADR 5772 4192 600 shares of Vale SA ADR 16462 12576 688 shares of Verizon Communications Com 20841 29770 112 shares of Verizon Communications Com 4259 4846 200 shares of Wells Fargo Co New Com 5401 6836 600 shares of Yahoo Inc Com 10020 11940 1400 shares of Plum Creek Timber Co Inc Com 50191 62118 5691 shares of Dreyfus Fund 45161 55776 999 shares of Fidelity Select Biotechnology Fund 28574 109875 161617 shares of Franklin High Income Fund Class A 330239 337780 40331 shares of Ivy High Income Fund Class A 341500 344429 716 shares of Kinetics Small-Cap Opportunities Fund 14788 18031 42397 shares of Principal High Yield II Fund 341681 333662 42305 shares of Sentinel Common Stock Fund 346827 420077 23517 shares of Templeton Global Bond Fund Class A 332482 314651 938 shares of Vanguard Index Trust Total Stock 26236 33436 1159 shares of Wells Fargo Advantage Large-Cap Grwth 36941 39364 18397 shares of FPA Crescent Portfolio 511394 538830 10937 shares of First Eagle Global Fund Class A 523432 531428 19826 shares of Ivy Asset Strategy Fund Class A 500017 513085 10753 shares of Permanent Portfolio Fund 507024 523026 19835 shares of Franklin Inv Low Dur Ret A 205288 203106 9672 shares of Franklin Inv Low Dur Ret A 100000 99033 22173 shares of Franklin Inv Floating Rate Daily A 200000 202439 17990 shares of Franklin Funds Total Return Fd Cl A 188000 185841 23092 shares of Templeton Global Bond Fund Class A 303912 308966 161831 169444 Davis Brown 6923 6923 Basis adjustment Transamerica 5GE-044326 -266 -1076 Transamerica 5GE-044326 Ivy High Inc Fd div pd 1/3/13, included in 2012 income 2301 Transamerica 5GE-044326 Principal High Yield div pd in 2013, included in 2012 income 2411 Transamerica 5GE-044326 Frontier Communications basis reduction 79 Transamerica 08H-217666 ord div 920 LTCG 20,420 pd 1/3/13, included in 2012 income 21340 IBA Securities Franklin Floating Rate div pd 1/2/13 but included in 2012 income 672 IBA Securities Franklin Total Return div pd 1/2/13 but included in 2012 income 1390 IBA Securities Franklin Total Return LTCG dist 1,382 STCG 1,493 pd 1/2/13 included in 2012 inc 2875 IBA Securities Franklin Low Dur div pd 1/2/13 but included in 2012 income 1924 Penalties 119 Bank charges 5 5 Director Officer Liability Insurance 1973 1973 EV Energy Partners, LP-depletion 295 295 Investment fees 58 58 Postage 49 49 Supplies 51 51 EV Energy Partners, LP-section 59e2 expenditures 205 205 EV Energy Partners, LP-net section 1231 gain loss -154 -154 EV Energy Partners, LP-Royalties 7 7 EV Energy Partners, LP-Ordinary income from partnership 297 297 Transam 5GE-044326 Frontier Communications basis assigned to Atlas Resource Ptrs, LP spin-off 142 IBA Securities div pd 1/3/12 included in 2011 income 10494 IBA Securities div pd 1/3/12 included in 2011 income 1621 Transamerica 05GE-044326 div pd in 2012 included in 2011 income 4688 rounding 1 TransAmerica investment advisory fees 15879 15183 Estate of John R Adams c/o Sally McConnell 11561 48th Av N St Petersburg FL 33708 Foreign tax paid 888 888 Tax on investment income 15640