GOOSEFOOT COMMUNITY FUND A NOT FOR PROFIT CORPORATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GOOSEFOOT COMMUNITY FUND A NOT FOR PROFIT CORPORATION (EIN 91-1960139)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-06-12
- IRS object ID
- 201241649349100614
- 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
- Accounting Fees Schedule
- Amortization Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-06-12T15:18:39-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Luby & Thomson PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 419 Occidental Avenue South Suite 6 | AddressLine1 |
| City | Seattle | City |
| State | WA | State |
| ZIP Code | 981042886 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911960139 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Goosefoot Community Fund | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOOS | NameControl |
| Phone | 3603214535 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 114 | AddressLine1 |
| City | Langley | City |
| State | WA | State |
| ZIP Code | 98260 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Debbie Torget | Name |
| Title | Executive Dir. | Title |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Pamela A Thomson | Name |
| Phone | 2066284991 | 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 | 7005836 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 61166 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 1184 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1184 | InterestOnSavingsNetInvstIncm |
| Other Income Rev And Expnss | 571863 | OtherIncomeRevAndExpnss |
| Other Income Adj Net Incm | 571863 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 634213 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1184 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 571863 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 67018 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Adj Net Incm | 67018 | CompOfcrDirTrstAdjNetIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 21446 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 26647 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Adj Net Incm | 26647 | OthEmplSlrsWgsAdjNetIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 8527 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 946 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Adj Net Incm | 946 | PensionEmplBnftAdjNetIncm |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 303 | PensionEmplBnftDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 14383 | AccountingFeesRevAndExpnss |
| Accounting Fees Adj Net Incm | 14383 | AccountingFeesAdjNetIncm |
| Other Prof Fees Rev And Expnss | 149 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Adj Net Incm | 149 | OtherProfFeesAdjNetIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 48 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 405559 | InterestRevAndExpnss |
| Interest Adj Net Incm | 405559 | InterestAdjNetIncm |
| Taxes Rev And Expnss | 51002 | TaxesRevAndExpnss |
| Taxes Adj Net Incm | 51002 | TaxesAdjNetIncm |
| Taxes Dsbrs Chrtbl Prps | 3706 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 233173 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Adj Net Incm | 233173 | DeprecAndDepletionAdjNetIncm |
| Printing And Pub Rev And Expnss | 1679 | PrintingAndPubRevAndExpnss |
| Printing And Pub Adj Net Incm | 1679 | PrintingAndPubAdjNetIncm |
| Other Expenses Rev And Expnss | 231075 | OtherExpensesRevAndExpnss |
| Other Expenses Adj Net Incm | -228693 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 462978 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1031631 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 571863 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 497008 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1031631 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 571863 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 497008 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -397418 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1184 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 110392 | CashBOY |
| Cash EOY | 92378 | CashEOY |
| Cash EOYFMV | 92378 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 230251 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 227264 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 227264 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 7236 | AccountsReceivable |
| Accounts Receivable BOY | 23589 | AccountsReceivableBOY |
| Accounts Receivable EOY | 7236 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 7236 | AccountsReceivableEOYFMV |
| Other Notes And Loans Receivable | 123468 | OtherNotesAndLoansReceivable |
| Other Notes And Loans Rcvbl BOY | 65190 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 123468 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 123468 | OtherNotesAndLoansRcvblEOYFMV |
| Prepaid Expenses EOY | 553 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 553 | PrepaidExpensesEOYFMV |
| Investments Other BOY | 936520 | InvestmentsOtherBOY |
| Investments Other EOY | 810046 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 810046 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 14780707 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 1691410 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 13324673 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 13089297 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 5641686 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 158918 | OtherAssetsBOY |
| Other Assets EOY | 103205 | OtherAssetsEOY |
| Other Assets EOYFMV | 103205 | OtherAssetsEOYFMV |
| Total Assets BOY | 14849533 | TotalAssetsBOY |
| Total Assets EOY | 14453447 | TotalAssetsEOY |
| Total Assets EOYFMV | 7005836 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 46088 | AccountsPayableBOY |
| Accounts Payable EOY | 47919 | AccountsPayableEOY |
| Mortgages And Notes Payable BOY | 8000000 | MortgagesAndNotesPayableBOY |
| Mortgages And Notes Payable EOY | 8000000 | MortgagesAndNotesPayableEOY |
| Other Liabilities BOY | 10150 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 9650 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 8056238 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8057569 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 6793295 | UnrestrictedBOY |
| Unrestricted EOY | 6395878 | UnrestrictedEOY |
| Total Net Assets BOY | 6793295 | TotalNetAssetsBOY |
| Total Net Assets EOY | 6395878 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 14849533 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 14453447 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 6793295 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -397418 | ExcessOfRevenueOverExpenses |
| Other Increases | 1 | OtherIncreases |
| Subtotal | 6395878 | Subtotal |
| Total Net Assets Fund Balances EOY | 6395878 | TotalNetAssetsFundBalancesEOY |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 24 | InvestmentIncomeExciseTax |
| Subtotal | 24 | Subtotal |
| Tax Based On Investment Income | 24 | TaxBasedOnInvestmentIncome |
| Tax Due | 24 | 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 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | WA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | true | 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 | www.goosefoot.org | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Debbie Torget | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 3603214535 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 114 | AddressLine1 |
| City | Langley | City |
| State | WA | State |
| ZIP Code | 98260 | 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 |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| 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 |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (12 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Debbie Torget | ||||||
| PO Box 114 | Langley | WA | 98260 | Executive Dir. | 40.00 | 67018 |
| Nancy Nordhoff | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Marsha Morgan | ||||||
| PO Box 114 | Langley | WA | 98260 | Vice President | 2.00 | 0 |
| Judy Feldman | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Mariam Coates | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Tim DeMartini | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Mike Davis | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Deborah Admiral | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Bob Gentz | ||||||
| PO Box 114 | Langley | WA | 98260 | Sec-Treas | 2.00 | 0 |
| Mark Gappa | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 0 |
| Candace Jordan | ||||||
| PO Box 114 | Langley | WA | 98260 | President | 2.00 | 0 |
| Gordy Edberg | ||||||
| PO Box 114 | Langley | WA | 98260 | Board Member | 2.00 | 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 | Preservation and protection of historic building, rural character and natural environment of Island County through economic development and related efforts to combat community deterioration. Obtained new markets tax credit financing to be used for economic development and to combat community deterioration. Held 14 related activity community events at Bayview cash store. | Description1 |
| Expenses1 | 0 | Expenses1 |
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 |
| Reduction Claimed | 0 | ReductionClaimed |
| 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) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 497008 | ExpensesAndContributions |
| Qualifying Distributions | 497008 | QualifyingDistributions |
| Adj Qualifying Distributions | 497008 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Of Ruling | 2001-09-17 | DateOfRuling |
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 497008 | CurrentYear |
| Year1 | 824718 | Year1 |
| Year2 | 12631 | Year2 |
| Year3 | 36960 | Year3 |
| Total | 1371317 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 497008 | CurrentYear |
| Year1 | 824718 | Year1 |
| Year2 | 12631 | Year2 |
| Year3 | 36960 | Year3 |
| Total | 1371317 | Total |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 14453447 | CurrentYear |
| Year1 | 14849533 | Year1 |
| Year2 | 15554652 | Year2 |
| Year3 | 15237869 | Year3 |
| Total | 60095501 | Total |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 14453447 | CurrentYear |
| Year1 | 14849533 | Year1 |
| Year2 | 15554652 | Year2 |
| Year3 | 15237869 | Year3 |
| Total | 60095501 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Nancy Nordhoff | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Program Service Revenue Part VII ProgramServiceRevenuePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Tenant Rents | Description |
| Related Or Exempt Function Income | 651564 | RelatedOrExemptFunctionIncome |
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,184 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed (4 entries)
| DescriptionDescription | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Exclusion CodeExclusionCode | ExclusionExclusionAmount |
|---|---|---|---|
| Misc income | 995 | ||
| Loss on asset retirement | 1 | -$2,203 | |
| Gain on loan discount | 1 | $47,982 | |
| Bayview Grocery Inc. | 3 | -$126,475 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$79,512 | ExclusionAmount |
| Related Or Exempt Function Income | 652559 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 573047 | 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 | Program to provide space to businesses that contribute to the rural tradition and character of Island County. | 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 |
|---|---|---|---|---|---|---|---|
| 3 | Nancy John Zevenbergen | PO Box 114 | Langley | WA | 98260 | 5000 | X |
| 2 | John Merritt Atwood | PO Box 114 | Langley | WA | 98260 | 5000 | X |
| 1 | Nancy Nordoff | PO Box 114 | Langley | WA | 98260 | 6000 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| Accounting - review & tax work | $8,170 | 0 | 8170 | 0 |
| Accounting | $6,213 | 0 | 6213 | 0 |
Amortization Schedule AmortizationSchedule
Amortization Amortization (2 entries)
| Description Of Amortized ExpensesDescriptionOfAmortizedExpenses | Date Acquired Completed ExpendedDateAcquiredCompletedExpended | Amount AmortizedAmountAmortized | Deduction For Prior YearsDeductionForPriorYears | Amortization PeriodAmortizationPeriod | Current Year AmortizationCurrentYearAmortization | Total Amount Of AmortizationTotalAmountOfAmortization |
|---|---|---|---|---|---|---|
| Loan fees | 2009-07-02 | 9433 | 2022 | 7.0000 | 1348 | 3370 |
| Loan fees | 2005-11-01 | 380569 | 229619 | 7.0000 | 54367 | 283986 |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (45 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense |
|---|---|---|---|---|---|---|
| Roof replacement | 2010-07-07 | 120829 | 1639 | 91 | 39.0000 | 3098 |
| Light fixtures for office | 2009-03-31 | 1049 | 360 | 91 | 5.0000 | 210 |
| Sharp copier, printer, sc | 2009-07-01 | 7356 | 2207 | 91 | 5.0000 | 1471 |
| Mac mini comp, moni, key | 2009-03-01 | 912 | 334 | 91 | 5.0000 | 182 |
| Storage shed | 2009-08-01 | 796 | 161 | 91 | 7.0000 | 114 |
| Bldg-Cash Store 2009 | 2009-07-01 | 10072 | 387 | 91 | 39.0000 | 258 |
| Shopping center improveme | 2009-12-01 | 1082010 | 30056 | 91 | 39.0000 | 27744 |
| Tenant improvements | 2009-01-01 | 12388 | 3540 | 91 | 7.0000 | 1770 |
| Bldg-Tenant Improvments | 2006-03-01 | 2500 | 309 | 91 | 39.0000 | 64 |
| Bldg-Bank Building | 2005-07-01 | 241621 | 33556 | 91 | 39.0000 | 6195 |
| Bldg-Shopping Center | 2005-07-01 | 1916097 | 298274 | 91 | 39.0000 | 49131 |
| Bldg-Grimm Shed | 1998-05-01 | 125281 | 40689 | 91 | 39.0000 | 3212 |
| Bldg-Sears House Grimm | 1998-08-01 | 582365 | 185410 | 91 | 39.0000 | 14932 |
| Bldg-Composting Toilet Op | 1998-08-01 | 288208 | 91759 | 91 | 39.0000 | 7390 |
| Bldg-Kiosk Open Space | 1998-06-01 | 16566 | 5346 | 91 | 39.0000 | 425 |
| Bldg-Cash Store Recycling | 2007-04-01 | 8305 | 799 | 91 | 39.0000 | 213 |
| Bldg-Cash Store Pavillion | 1998-06-01 | 36321 | 11715 | 91 | 39.0000 | 931 |
| Bldg-Cash Store Art Store | 1998-06-01 | 179381 | 57883 | 91 | 39.0000 | 4600 |
| Bldg-Cash Store 2008 | 2008-01-01 | 2979 | 228 | 91 | 39.0000 | 76 |
| Bldg-Cash Store 2007 | 2007-01-01 | 1338 | 136 | 91 | 39.0000 | 34 |
| Bldg-Cash Store | 2000-04-01 | 4094849 | 617295 | 91 | 39.0000 | 104996 |
| Website Design | 2008-04-04 | 7140 | 3927 | 91 | 5.0000 | 1428 |
| Paritions at Cash Store | 2008-12-15 | 1580 | 471 | 91 | 7.0000 | 226 |
| Grimm Shed Elec Fixtures | 2007-01-13 | 1873 | 1071 | 91 | 7.0000 | 268 |
| Shredder | 2005-09-02 | 218 | 186 | 91 | 7.0000 | 31 |
| Desk | 2004-11-19 | 990 | 989 | 91 | 7.0000 | 1 |
| Dell Computer-Chris | 2007-02-08 | 1503 | 1204 | 91 | 5.0000 | 299 |
| HVAC system | 2006-08-01 | 7900 | 4177 | 91 | 7.0000 | 1129 |
| Flash Space Cabinetry | 2006-06-27 | 1040 | 744 | 91 | 7.0000 | 149 |
| Flash Space Sink | 2006-06-19 | 2291 | 1636 | 91 | 7.0000 | 327 |
| Flash Space Cabinets | 2006-06-12 | 1733 | 1239 | 91 | 7.0000 | 248 |
| Bayview Corner Signs | 2006-05-10 | 936 | 669 | 91 | 7.0000 | 134 |
| Fixtures from Eventually | 2006-05-03 | 540 | 385 | 91 | 7.0000 | 77 |
| Cash Store Signage | 2006-01-03 | 2825 | 2019 | 91 | 7.0000 | 404 |
| Lawn Mower | 2008-01-01 | 2000 | 1200 | 91 | 5.0000 | 400 |
| Pressure Washter | 2007-05-04 | 746 | 596 | 91 | 5.0000 | 149 |
| Water Heater-Composting T | 2007-05-01 | 2885 | 2308 | 91 | 5.0000 | 577 |
| Septic Pump | 2006-06-09 | 1018 | 726 | 91 | 7.0000 | 145 |
| Table Umbrella | 2005-03-28 | 960 | 822 | 91 | 7.0000 | 137 |
| Sign Stanchins | 2005-03-03 | 363 | 312 | 91 | 7.0000 | 51 |
| Gas Meter | 2005-03-03 | 487 | 293 | 91 | 10.0000 | 49 |
| Gas Meter | 2005-03-03 | 487 | 293 | 91 | 10.0000 | 49 |
| Hotwater Heater | 2005-02-23 | 4581 | 3925 | 91 | 7.0000 | 654 |
| Knox box key storage | 2004-03-22 | 401 | 400 | 91 | 7.0000 | 1 |
| Electric Meter | 2006-05-05 | 1440 | 1030 | 91 | 7.0000 | 206 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (6 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|---|
| Miscellaneous | 6004 | 4662 | 1342 | |
| Land | 5520621 | 5520621 | 5641686 | |
| Improvements | 134013 | 10322 | 123691 | |
| Buildings | 9024231 | 1594187 | 7430044 | |
| Machinery and Equipment | 106797 | 90993 | 15804 | |
| Furniture and Fixtures | 1049 | 570 | 479 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Mortgage | $8,000,000 | TotalMortgageAmount |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Net Intangible Assets | 158361 | 102648 | 102648 |
| Development Costs | 557 | 557 | 557 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (30 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Website | 239 | 239 | |
| Utilities | 79027 | 79027 | |
| Telephone | 3165 | 3165 | |
| Repairs and Maintenance | 36491 | 36491 | |
| Public Relations | 4874 | 4874 | |
| Property Insurance | 23094 | 23094 | |
| Professional development | 381 | 381 | |
| Postage | 602 | 602 | |
| Office supplies | 1220 | 1220 | |
| Meals and meeting costs | 120 | 120 | |
| Licenses and Permit | 768 | 768 | |
| Less expenses in excess of revenue | -459768 | 459768 | |
| Insurance | 3187 | 3187 | |
| Fundraising-stationary | 426 | 426 | |
| Fundraising-software | 1823 | 1823 | |
| Fundraising-printing & reproduction | 1380 | 1380 | |
| Fundraising-postage | 377 | 377 | |
| Fundraising-licenses, permits & taxes | 190 | 190 | |
| Fundraising-event costs | 583 | 583 | |
| Fundraising - credit card costs | 728 | 728 | |
| Employee benefits-medical insurance | 10031 | 10031 | 3210 |
| Dues and subscriptions | 370 | 370 | |
| DSL expenses | 500 | 500 | |
| Board Expense | 171 | 171 | |
| Bank Charges | 391 | 391 | |
| Bad Debt | 1783 | 1783 | |
| Auto expense | 181 | 181 | |
| Amortization | 55715 | 55715 | |
| Advertising | 60 | 60 | |
| Activities-events | 3198 | 3198 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|
| Tenant Rents | 651564 | 651564 |
| Misc income | 995 | 995 |
| Loss on asset retirement | -2203 | -2203 |
| Gain on loan discount | 47982 | 47982 |
| Bayview Grocery Inc. | -126475 | -126475 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Rounding | Description |
| Amount | $1 | Amount |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Tenant Security Deposit | Description |
| BOY Book Value | 10150 | BOYBookValue |
| EOY Book Value | 9650 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Payroll processing fees | Category |
| Amount | $149 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 149 | AdjustedNetIncome |
| Disbursements Charitable Prps | 48 | DisbursementsCharitablePrps |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| State taxes | $1,565 | 1565 | |
| Property taxes | $37,788 | 37788 | |
| Payroll Tax | $11,580 | 11580 | 3706 |
| Fedral income tax | $69 | 69 |
Comments