DIACO FAMILY FOUNDATION INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- DIACO FAMILY FOUNDATION INC (EIN 22-3763549)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2012-11-13
- IRS object ID
- 201223189349101062
- Schema version
- 2011v1.2
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T15:22:38-06:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222978848 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bederson & Company LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 405 Northfield Avenue | AddressLine1 |
| City | West Orange | City |
| State | NJ | State |
| ZIP Code | 070523003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223763549 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIACO FAMILY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DIAC | NameControl |
| Phone | 9734847300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10-12 NO 7TH STREET | AddressLine1 |
| City | BELLEVILLE | City |
| State | NJ | State |
| ZIP Code | 07109 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK DIACO | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 9734847300 | Phone |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Mark A Mazza | Name |
| PTIN | P00185076 | PTIN |
| Phone | 9737363333 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | 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 | 6948370 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 500000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 36170 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 36170 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 136864 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 136864 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 43788 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 3967992 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 43788 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 716822 | TotalRevenueAndExpenses |
| Total Net Investment Income | 216822 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 60000 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 30000 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 30000 | CompOfcrDirTrstDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 29611 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 29611 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 1009 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 686 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 22461 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 22461 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 113081 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 82758 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 30000 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 308750 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 308750 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 421831 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 82758 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 338750 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 294991 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 134064 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 3244757 | CashBOY |
| Cash EOY | 483375 | CashEOY |
| Cash EOYFMV | 483375 | CashEOYFMV |
| Investments Govt Oblig BOY | 0 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 908819 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 912880 | InvestmentsGovtObligEOYFMV |
| Investments Corp Stock BOY | 3245269 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 3205006 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 3278472 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 50765 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 934088 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 957942 | InvestmentsCorpBondsEOYFMV |
| Investments Mortgage Loans BOY | 0 | InvestmentsMortgageLoansBOY |
| Investments Mortgage Loans EOY | 1304494 | InvestmentsMortgageLoansEOY |
| Investments Mortgage Loans EOYFMV | 1315701 | InvestmentsMortgageLoansEOYFMV |
| Total Assets BOY | 6540791 | TotalAssetsBOY |
| Total Assets EOY | 6835782 | TotalAssetsEOY |
| Total Assets EOYFMV | 6948370 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 6540791 | RetainedEarningsBOY |
| Retained Earnings EOY | 6835782 | RetainedEarningsEOY |
| Total Net Assets BOY | 6540791 | TotalNetAssetsBOY |
| Total Net Assets EOY | 6835782 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 6540791 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 6835782 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 6540791 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 294991 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 6835782 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 6835782 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (30 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 |
|---|---|---|---|---|---|---|---|
| LORD ABBETT SHORT DURATION | P | 2011-07-05 | 2012-03-20 | 598671 | 600000 | -1329 | -1329 |
| PIMCO REAL RETURN FUND | P | 2011-07-05 | 2012-03-27 | 614885 | 600000 | 14885 | 14885 |
| T ROWE PRICE SHORT TERM | P | 2011-07-05 | 2012-03-27 | 597531 | 600000 | -2469 | -2469 |
| VANGUARD INFLATION | P | 2011-07-05 | 2012-03-27 | 636123 | 600000 | 36123 | 36123 |
| VANGUARD SHORT TERM | P | 2011-07-05 | 2012-03-27 | 648792 | 650000 | -1208 | -1208 |
| HEALTH CARE REIT | P | 2003-06-11 | 2012-04-02 | 101795 | 101793 | 2 | 2 |
| FORD MOTOR CO | P | 2003-06-18 | 2012-04-11 | 54013 | 50765 | 3248 | 3248 |
| S&P | P | 2012-05-12 | 100000 | 93476 | 6524 | 6524 | |
| ACCO BRANDS CO | P | 2012-03-26 | 2012-04-30 | 3 | 3 | 0 | 0 |
| PHILLIPS 66 COM | P | 2012-03-26 | 2012-04-30 | 15 | 17 | -2 | -2 |
| ACCO BRANDS CO | P | 2012-03-26 | 2012-07-30 | 2747 | 3314 | -567 | -567 |
| ABBOTT LABORATORIES | P | 2012-03-26 | 2012-08-29 | 7966 | 7358 | 608 | 608 |
| CAMECO CORP | P | 2012-03-26 | 2012-09-17 | 13574 | 14261 | -687 | -687 |
| AT&T | P | 2012-04-23 | 2012-05-03 | 34996 | 34997 | -1 | -1 |
| FNMA | P | 2012-04-24 | 2012-05-25 | 14564 | 15849 | -1285 | -1285 |
| FHLMC | P | 2012-06-07 | 82202 | 82196 | 6 | 6 | |
| FHLMC | P | 2012-06-15 | 256 | 267 | -11 | -11 | |
| FHLMC | P | 2012-06-15 | 4547 | 4978 | -431 | -431 | |
| FHLMC | P | 2012-06-18 | 103753 | 104612 | -859 | -859 | |
| FNMA POOL | P | 2012-06-25 | 23739 | 25704 | -1965 | -1965 | |
| BARRICK GOLD CO | P | 2012-04-23 | 2012-07-30 | 31540 | 31335 | 205 | 205 |
| FHLMC | P | 2012-05-23 | 2012-07-15 | 470 | 492 | -22 | -22 |
| FNMA | P | 2012-04-24 | 2012-07-25 | 23170 | 25052 | -1882 | -1882 |
| US TREASURY NOTE | P | 2012-06-18 | 2012-07-30 | 113906 | 113795 | 111 | 111 |
| CONOCO PHILLIPS | P | 2012-04-23 | 2012-08-08 | 32835 | 32764 | 71 | 71 |
| FHLMC | P | 2012-08-15 | 450 | 470 | -20 | -20 | |
| FNMA | P | 2012-08-25 | 94903 | 97844 | -2941 | -2941 | |
| FHLMC | P | 2012-09-15 | 802 | 839 | -37 | -37 | |
| FNMA | P | 2012-09-25 | 29744 | 32023 | -2279 | -2279 | |
| P | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 43788 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 334347 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 6724457 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.049721 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 293972 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 5829868 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.050425 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 150000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 3161183 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.047451 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 138172 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 2753213 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.050186 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 95000 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 2242524 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.042363 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.240146 | TotalDistributionRatio |
| Average Distribution Ratio | 0.048029 | AverageDistributionRatio |
| Net Noncharitable Assets | 6769374 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 325126 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1341 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 326467 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 338750 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 1341 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 1341 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 1341 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 680 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 680 | TotalCreditsAndPayments |
| Tax Due | 661 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NJ | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | FRANK DIACO | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9734847300 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10-12 NO 7TH STREET | AddressLine1 |
| City | BELLEVILLE | City |
| State | NJ | State |
| ZIP Code | 07109 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| THEODORE F DIACO | ||||||||
| 2 VISTA COURT | KINNELON | NJ | 07405 | PRESIDENT | 0.00 | 0 | 0 | 0 |
| VALERIE SILVESTRI | ||||||||
| 1 SUNNY KNOLL COURT | WAYNE | NJ | 07470 | SECRETARY | 10.00 | 30000 | 0 | 0 |
| STEPHANIE EMPERIO | ||||||||
| 209 FOREST RIDGE COURT | FRANKLIN LAKES | NJ | 07417 | VICE PRESIDENT | 10.00 | 30000 | 0 | 0 |
| FRANK P DIACO | ||||||||
| 204 HOLLY LANE | CEDAR GROVE | NJ | 07009 | TREASURER | 0.00 | 0 | 0 | 0 |
| JOSEPH MANASIA | ||||||||
| 1139 MAURICE AVE | CLARK | NJ | 07066 | VICE PRESIDENT | 0.00 | 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 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 6543833 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 328628 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 6872461 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 6872461 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 103087 | CashDeemedCharitable |
| Net Noncharitable Assets | 6769374 | NetNoncharitableAssets |
| Minimum Investment Return | 338469 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 338469 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 1341 | TaxBasedOnInvestmentIncome |
| Total Tax | 1341 | TotalTax |
| Distributable Amount Before Adj | 337128 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 337128 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 337128 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 338750 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 338750 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 1341 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 337409 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 337128 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year4 | 3014 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year2 | 4535 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 7549 | TotalExcessDistriCarryover |
| Qualifying Distributions | 338750 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 337128 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 1622 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 9171 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 9171 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 3014 | ExcessFromYear4 |
| Excess From Year2 | 4535 | ExcessFromYear2 |
| Excess From Current Year | 1622 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (29 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS | |||||||
| 389 MILLBURN AVE | MILLBURN | NJ | 07041 | N/A | PUBLIC CHARITY | CHARITABLE | $15,000 |
| ARCHDIOCESE OF NEWARK | |||||||
| 171 CLIFTON AVE | NEWARK | NJ | 07104 | N/A | PUBLIC CHARITY | CHARITABLE | $20,000 |
| CLARA MASS HOSPITAL FOUNDATION | |||||||
| 1 CLARA MASS DRIVE | BELLEVILLE | NJ | 07109 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| DEAF MOSAICS CENTER INC | |||||||
| 3500 SUNSET AVE | OCEAN | NJ | 07712 | N/A | PUBLIC CHARITY | CHARITABLE | $1,250 |
| DIOCESE OF PATERSON ST JOSEPH FUND | |||||||
| 777 VALLEY ROAD | CLIFTON | NJ | 07013 | N/A | PUBLIC CHARITY | CHARITABLE | $50,000 |
| EL SALVADOR EDUCATION FUND co MOST BLESSED SACRAMENT CHURCH | |||||||
| 787 FRANKLIN LAKES RD | FRANKLIN LAKES | NJ | 07417 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| EVA'S KITCHEN | |||||||
| 393 MAIN ST | PATERSON | NJ | 07501 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| FREEDOM ALLIANCE | |||||||
| 22570 MARKEY CT | DULLES | VA | 20166 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| HACKENSACK UNIVERSITY MEDICAL FOUNDATION | |||||||
| 360 ESSEX ST | HACKENSACK | NJ | 07601 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| KIDS CORPORATION II | |||||||
| 6 ATLANTIC ST | NEWARK | NJ | 07102 | N/A | PUBLIC CHARITY | CHARITABLE | $2,500 |
| LITTLE SISTERS OF THE POOR | |||||||
| 140 SHEPHERD LANE | TOTOWA | NJ | 07512 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER | |||||||
| 1275 YORK AVE | NEW YORK | NY | 10021 | N/A | PUBLIC CHARITY | CHARITABLE | $60,000 |
| MT SAINT DOMINICK | |||||||
| 3 RYERSON AVE | CALDWELL | NJ | 07006 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| OASIS | |||||||
| 59 MILL STREET | PATERSON | NJ | 07051 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| FILLIPINI SISTERS RETIREMENT FUND | |||||||
| 455 WESTERN AVENUE | MORRISTOWN | NJ | 07960 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| SALESIAN SISTERS OF ST JOHN BOSCO | |||||||
| 659 BELMONT AVE | NORTH HALEDON | NJ | 07508 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| SALVATION ARMY | |||||||
| 4 GARY ROAD | UNION | NJ | 07083 | N/A | PUBLIC CHARITY | CHARITABLE | $15,000 |
| SETON HALL UNIVERSITY | |||||||
| 400 SOUTH AVENUE | SOUTH ORANGE | NJ | 07079 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| SEVERAL SOURCES SHELTERS | |||||||
| PO BOX 157 | RAMSEY | NJ | 07446 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| SISTERS OF SAINT JOSEPH | |||||||
| 9701 GERMANTOWN AVE | PHILADELPHIA | PA | 19118 | N/A | PUBLIC CHARITY | CHARITABLE | $10,000 |
| ST BARNABAS | |||||||
| 94 OLD SHORT HILLS RD | LIVINGSTON | NJ | 07039 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| ST JUDES CHILDREN'S RESEARCH HOSPITAL | |||||||
| 501 ST JUDE PLACE | MEMPHIS | TN | 38105 | N/A | PUBLIC CHARITY | CHARITABLE | $7,500 |
| ST MICHAEL'S FOUNDATION | |||||||
| 1160 RAYMOND BLVD | NEWARK | NJ | 07102 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| ST JOSEPH REGIONAL HS SCHOLARSHIP FUND | |||||||
| 40 CHESTNUT RIDGE RD | MONTVILLE | NJ | 07645 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| ST PETERS SCHOOL | |||||||
| 152 WILLIAM ST | BELLEVILLE | NJ | 07109 | N/A | PUBLIC CHARITY | CHARITABLE | $2,500 |
| SUSAN G KOMEN FOR THE CURE | |||||||
| 5005 LBJ FREEWAY SUITE 250 | DALLAS | TX | 75244 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| NATIONAL MULTIPLE SCLEROSIS NATIONAL SOCIETY | |||||||
| 900 S BROADWAY SUITE 200 | DENVER | CO | 80209 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| ALZHEIMER'S ASSOCIATION | |||||||
| PO BOX 96011 | WASHINGTON | DC | 20090 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| CENTER FOR FOOD ACTION | |||||||
| 90 RIDGE ROAD | MAHWAH | NJ | 07430 | N/A | PUBLIC CHARITY | CHARITABLE | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 308750 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $36,170 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $136,864 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $43,788 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $216,822 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 216822 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | 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 | POWER ELECTRIC CO | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10-22 NORTH 7TH STREET | AddressLine1 |
| City | BELLEVILLE | City |
| State | NJ | State |
| ZIP Code | 07109 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 500000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (25 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 2031.656 FORD MOTOR CO DEL 7.5% SENIOR NOTES | 0 | 0 |
| Coupon 4.300% Mature 05/15/2014 (TZ042) " | 31699 | 31833 |
| Coupon 0.875% Mature 08/01/2017 (B7ZK9) " | 34747 | 34693 |
| Coupon 5.300% Mature 01/15/2014 (TK981) " | 26369 | 26476 |
| Coupon 3.375% Mature 01/19/2017 (BHV21) " | 30480 | 31842 |
| Coupon 3.500% Mature 03/01/2016 (AT60Y) " | 31584 | 31924 |
| Coupon 1.250% Mature 08/13/2015 (A5GM4) " | 40110 | 40397 |
| Coupon 5.000% Mature 02/01/2013 (TDZ42) " | 50730 | 50762 |
| Coupon 5.250% Mature 07/27/2021 (AF16W) " | 43972 | 49609 |
| Coupon 5.150% Mature 10/01/2015 (TDS92) " | 48702 | 49781 |
| Coupon 6.000% Mature 01/15/2018 (TU959) " | 34290 | 35768 |
| Coupon 3.950% Mature 09/01/2022 (A1V6M) " | 30246 | 32227 |
| Coupon 4.125% Mature 02/09/2016 (UQ964) " | 32527 | 32943 |
| Coupon 5.000% Mature 06/15/2015 (TBA14) " | 32782 | 33309 |
| Coupon 4.500% Mature 02/15/2021 (A40LC) " | 32225 | 33858 |
| Coupon 3.625% Mature 05/01/2022 (AW17H) " | 50780 | 52810 |
| Coupon 4.950% Mature 04/15/2013 (TC171) " | 30730 | 30743 |
| Coupon 5.100% Mature 09/20/2014 (TBJ69) " | 32096 | 32453 |
| Coupon 1.150% Mature 03/13/2015 (A1V2V) " | 50029 | 50752 |
| Coupon 2.900% Mature 01/15/2022 (A9M5Q) " | 31623 | 31788 |
| Coupon 4.125% Mature 02/15/2021 (A7WH0) " | 31413 | 33165 |
| Coupon 4.500% Mature 01/15/2013 (TV244) " | 65764 | 65793 |
| Coupon 4.600% Mature 04/01/2021 (CD99Y) " | 39924 | 41515 |
| Coupon 2.625% Mature 12/15/2016 (AV7E3) " | 51231 | 52905 |
| Coupon 1.250% Mature 02/13/2015 (CF08U) " | 50035 | 50596 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (81 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| 4070.901 HEALTH CARE REIT INC 7.875% CUM REDEEMABLE PREFERRED STOCK | 0 | 0 |
| 100 @ ESCROW FOR S&P MANAGED | 0 | 0 |
| LORD ABBETT SHORT DURATION | 0 | 0 |
| PIMCO REAL RETURN FUND | 0 | 0 |
| T ROWE PRICE SHORT TERM | 0 | 0 |
| VANGUARD INFLATION PRO SECS ADM SHR | 0 | 0 |
| VANGUARD S/T INVESTMENT GRADE FUND | 0 | 0 |
| AT&T INC | 53345 | 63336 |
| ABBOTT LABORATORIES | 30223 | 34074 |
| AMERICAN EXPRESS CO | 27142 | 26440 |
| BANK OF NOVA SCOTIA | 41013 | 39306 |
| BHP BILLITON LTD | 61352 | 58524 |
| BRISTOL MYERS SQUIBB CO | 60320 | 60885 |
| CANADIAN NATL RAILWAY CO | 40419 | 44027 |
| CATERPILLAR INC | 83833 | 66595 |
| CENTURYLINK INC | 29600 | 30664 |
| CHEVRON CORP | 85479 | 92898 |
| CHUBB CORP | 42613 | 47522 |
| COCA COLA CO | 41723 | 44074 |
| COMCAST CORP CL A SPECIAL NEW | 29223 | 34044 |
| CONOCOPHILLIPS | 31774 | 30591 |
| CONSOL ENERGY INC | 16335 | 14724 |
| DEERE & CO | 57598 | 57647 |
| DIAGEO PLC SPON ADR NEW | 59677 | 68540 |
| DOMINION RES INC (NEW) | 52893 | 55428 |
| DOW CHEMICAL CO | 21727 | 17720 |
| DU PONT EI DE NEMOURS & CO | 69991 | 66407 |
| EQT CORPORATION COM NEW | 24064 | 28674 |
| ENBRIDGE INC | 42591 | 43440 |
| EXXON MOBIL CORP | 92536 | 97577 |
| FIRSTENERGY CORP | 24718 | 24343 |
| GENL DYNAMICS CORP | 32748 | 29225 |
| GENERAL ELECTRIC CO | 55492 | 63043 |
| GENERAL MILLS INC | 23537 | 23990 |
| HOME DEPOT INC | 41708 | 50288 |
| HONEYWELL INTERNATIONAL INC | 24895 | 24199 |
| INTEL CORP | 36140 | 29044 |
| INTL BUSINESS MACHINES CORP | 66516 | 66799 |
| JPMORGAN CHASE & CO | 105026 | 92618 |
| JOHNSON & JOHNSON | 40339 | 42380 |
| JOHNSON CONTROLS INCORPORATED | 19115 | 16084 |
| KIMBERLY CLARK CORP | 28268 | 33111 |
| LIMITED BRANDS INC | 42463 | 42166 |
| LORILLARD INC | 42088 | 37497 |
| MARATHON OIL CO | 27275 | 24868 |
| MARATHON PETROLEUM CORP | 18789 | 22982 |
| MC DONALDS CORP | 71816 | 68262 |
| MEADWESTVACO CORP | 26879 | 29713 |
| MERCK & CO INC NEW COM | 39563 | 46267 |
| MICROSOFT CORP | 38588 | 35325 |
| NEXTERA ENERGY INC COM | 44056 | 51059 |
| NORTHEAST UTILITIES | 26169 | 27029 |
| NORTHROP GRUMMAN CP(HLDG CO) | 26698 | 28831 |
| OCCIDENTAL PETROLEUM CORP DE | 57246 | 49829 |
| PEABODY ENERGY CORP | 14829 | 11034 |
| PFIZER INC | 40041 | 44780 |
| PHILIP MORRIS INTL INC | 79412 | 81396 |
| PHILLIPS 66 COM | 9425 | 12381 |
| PRAXAIR INC | 42606 | 39059 |
| PROCTER & GAMBLE | 52828 | 54448 |
| PRUDENTIAL FINANCIAL INC | 36266 | 33088 |
| PUBLIC SERVICE ENTERPRISE GP | 21223 | 22880 |
| RAYTHEON CO (NEW) | 49662 | 53730 |
| RIO TINTO PLC SPON ADR | 30151 | 26279 |
| SCHLUMBERGER LTD | 30737 | 30813 |
| SEMPRA ENERGY | 21538 | 23797 |
| SOUTHERN CO | 40776 | 42403 |
| 3M COMPANY | 33600 | 34935 |
| TORONTO DOM BK NEW | 33793 | 33169 |
| TOTAL S A SPON ADR | 47569 | 43637 |
| TRAVELERS COMPANIES INC COM | 61780 | 71605 |
| U S BANCORP COM NEW | 44724 | 47814 |
| UNILEVER NV NY SH NEW | 55354 | 57797 |
| UNITED TECHNOLOGIES CORP | 67074 | 63102 |
| V F CORPORATION | 56952 | 60876 |
| VERIZON COMMUNICATIONS | 77922 | 90502 |
| VODAFONE GP PLC ADS NEW | 28159 | 28785 |
| WAL MART STORES INC | 34273 | 41402 |
| WELLS FARGO & CO NEW | 81665 | 82320 |
| WEYERHAEUSER CO | 33641 | 40386 |
| ACE LTD | 23403 | 23965 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 908819 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 912880 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Amortization | Description |
| Revenue And Expenses Per Books | 22461 | RevenueAndExpensesPerBooks |
| Net Investment Income | 22461 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ASSET MANAGEMENT FEES | Category |
| Amount | $29,611 | Amount |
| Net Investment Income | 29611 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | POWER ELECTRIC CO | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10-12 NORTH 7TH STREET | AddressLine1 |
| City | BELLEVILLE | City |
| State | NJ | State |
| ZIP Code | 07109 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| TAX ON INVESTMENT INCOME | $293 | 0 | 0 |
| STATE FILING FEE | $30 | 0 | 0 |
| FOREIGN TAX PAID | $686 | 686 | 0 |
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