PARK FAMILY FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PARK FAMILY FOUNDATION (EIN 20-2210340)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-12
- IRS object ID
- 201141329349101674
- Schema version
- 2010v3.2
- 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
- Compensation Explanation
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T15:26:18-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLDREY SENCHUK ROULEAU & WILLIAMS CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 S STATE AVE | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 497072844 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202210340 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PARK | NameControl |
| Phone | 9893541100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 JOHNSON ST | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 49707 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES C PARK | Name |
| Title | PRESIDENT | Title |
| Phone | 9893541100 | Phone |
| Date Signed | 2011-04-28 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARIE F WILLIAMS | Name |
| Phone | 9893569065 | Phone |
| Date Prepared | 2011-05-06 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 290525 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 585668 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 57 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 57 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 57 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 2146 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2146 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 2146 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -173122 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 1281367 | GrossSalesPrice |
| Total Revenue And Expenses | 414749 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2203 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 2203 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 925 | AccountingFeesRevAndExpnss |
| Accounting Fees Dsbrs Chrtbl Prps | 925 | AccountingFeesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 128548 | DeprecAndDepletionRevAndExpnss |
| Other Expenses Rev And Expnss | 95028 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 69 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 94023 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 224501 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 69 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 94948 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 190000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 190000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 414501 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 69 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 284948 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 248 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2134 | NetInvestmentIncome |
| Adjusted Net Income | 2203 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 21481 | CashBOY |
| Cash EOY | 290525 | CashEOY |
| Cash EOYFMV | 290525 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 1453068 | SavingsAndTempCashInvstBOY |
| Land Building And Equipment Basis | 4484621 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 274238 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 2625175 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 4210383 | LandBuildingAndEquipmentEOY |
| Other Assets BOY | 12168 | OtherAssetsBOY |
| Other Assets EOY | 11232 | OtherAssetsEOY |
| Total Assets BOY | 4111892 | TotalAssetsBOY |
| Total Assets EOY | 4512140 | TotalAssetsEOY |
| Total Assets EOYFMV | 290525 | TotalAssetsEOYFMV |
| Other Liabilities EOY | 400000 | OtherLiabilitiesEOY |
| Total Liabilities EOY | 400000 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 4111892 | UnrestrictedBOY |
| Unrestricted EOY | 4112140 | UnrestrictedEOY |
| Total Net Assets BOY | 4111892 | TotalNetAssetsBOY |
| Total Net Assets EOY | 4112140 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 4111892 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 4512140 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 4111892 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 248 | ExcessOfRevenueOverExpenses |
| Subtotal | 4112140 | Subtotal |
| Total Net Assets Fund Balances EOY | 4112140 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 225011 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 968016 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.232446 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 54415 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 790663 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.068822 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 47959 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 448996 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.106814 | DistributionRatioYear3 |
| Total Distribution Ratio | 0.408082 | TotalDistributionRatio |
| Average Distribution Ratio | 0.136027 | AverageDistributionRatio |
| Net Noncharitable Assets | 869299 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 118248 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 21 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 118269 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1982244 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 21 | InvestmentIncomeExciseTax |
| Subtotal | 21 | Subtotal |
| Tax Based On Investment Income | 21 | TaxBasedOnInvestmentIncome |
| Tax Due | 21 | TaxDue |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MI | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | JAMES C PARK | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9893541100 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 JOHNSON ST | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 49707 | ZIPCode |
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 |
| 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 |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES C PARK | ||||||||
| 801 JOHNSON ST | ALPENA | MI | 49707 | PRES / SECRE | 10.00 | 0 | 0 | 0 |
| PHILLIP SCOTT PARK | ||||||||
| 801 JOHNSON ST | ALPENA | MI | 49707 | VICE PRESIDE | 10.00 | 0 | 0 | 0 |
| JAMES C PARK | ||||||||
| 801 JOHNSON ST | ALPENA | MI | 49707 | DIRECTOR | 10.00 | 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 | OPERATING THE ALPENA APLEX, FORMERLY KNOWN AS THE THUNDER BAY RECREATION CENTER IN ALPENA, MI. (PROVIDING ECONOMICAL RECREATION TO THE COMMUNITY) | Description1 |
| Expenses1 | 156864 | Expenses1 |
| Description2 | GRANTS TO LOCAL CHURCHES, LIBRARIES, SOCIAL WELFARE AND RECREATION ORGANIZATIONS | Description2 |
| Expenses2 | 127000 | Expenses2 |
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 | 726534 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 156003 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 882537 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 882537 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 13238 | CashDeemedCharitable |
| Net Noncharitable Assets | 869299 | NetNoncharitableAssets |
| Minimum Investment Return | 43465 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 43465 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 21 | TaxBasedOnInvestmentIncome |
| Total Tax | 21 | TotalTax |
| Distributable Amount Before Adj | 43444 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 43444 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 43444 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 284948 | ExpensesAndContributions |
| Amounts Paid Acq Charitable Assets | 1697296 | AmountsPaidAcqCharitableAssets |
| Qualifying Distributions | 1982244 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 21 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1982223 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 43444 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year3 | 25554 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 130884 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 176838 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 333276 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1982244 | QualifyingDistributions |
| Applied To Current Year | 43444 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 1938800 | RemainingDistriFromCorpus |
| Total Corpus | 2272076 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 2272076 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 25554 | ExcessFromYear3 |
| Excess From Year2 | 130884 | ExcessFromYear2 |
| Excess From Year1 | 176838 | ExcessFromYear1 |
| Excess From Current Year | 1938800 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES C PARK PRESIDENT | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | JAMES C PARK | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 JOHNSON ST | AddressLine1 |
| City | ALPENA | City |
| State | MI | State |
| ZIP Code | 49707 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9893541100 | RecipientPhoneNumber |
| Form And Info And Materials | WRITTEN FORM, NO RESTRICTIONS | FormAndInfoAndMaterials |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2 | Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| ACES TENNIS ACADEMY | |||||||
| C/O ALPENA TENNIS ASSOCIATION | 701 WOODWARD AVE | ALPENA | MI | 49707 | NONE | GRANT | $2,000 |
| UPPER MAKEFIELD YOUTH | |||||||
| BASEBALL LEAGUE | PO BOX 729 | WASHINGTON CROSSING | PA | 18977 | NONE | NEW FIELDS | $25,000 |
| APLEX | |||||||
| 701 WOODWARD AVE | ALPENA | MI | 49707 | NONE | OPERATION OF APLEX REC CENTER | $63,000 | |
| GLEN ELLYN PARKS | |||||||
| FOUNDATION | 693 N PARK BLVD | GLENN ELLYN | IL | 60137 | NONE | PLATFORM TENNIS PROJECT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 190000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $57 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $2,146 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -173122 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,203 | ExclusionAmount |
| Related Or Exempt Function Income | -173122 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -170919 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (7 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 1 | PHILLIP SCOTT PARK | 801 JOHNSON ST | ALPENA | MI | 49707 | 50000 | X |
| 7 | GEORGENE HILDEBRAND | 195 BEAR POINT RD | ALPENA | MI | 49707 | 16460 | X |
| 2 | JAMES C PARK | 801 JOHNSON ST | ALPENA | MI | 49707 | 50000 | X |
| 3 | JAMES C PARK CHARITABLE LEAD | 801 JOHNSON ST | ALPENA | MI | 49707 | 299208 | X |
| 4 | BESSER FOUNDATION | 125 N 2ND AVE | ALPENA | MI | 49707 | 100000 | X |
| 5 | CITY OF ALPENA | 208 N 1ST AVE | ALPENA | MI | 49707 | 20000 | X |
| 6 | KIMBERLY A PARK | 801 JOHNSON ST | ALPENA | MI | 49707 | 50000 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $925 | Amount |
| Disbursements Charitable Prps | 925 | DisbursementsCharitablePrps |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| JAMES C PARK |
| PHILLIP SCOTT PARK |
| JAMES C PARK |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (11 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense |
|---|---|---|---|---|---|---|
| BUILDING | 2007-12-31 | 2708619 | 144692 | S/L | 39.0000 | 69451 |
| VOLLEYBALL COURTS & RELATED IMPROVEMENTS | 2009-05-31 | 62246 | 998 | S/L | 39.0000 | 1596 |
| APLEX CONFERENCE CENTER | 2010-02-19 | 210270 | S/L | 39.0000 | 4718 | |
| APLEX CONFERENCE CENTER | 2010-05-20 | 343886 | S/L | 39.0000 | 5511 | |
| APLEX CONFERENCE CENTER | 2010-07-19 | 355952 | S/L | 39.0000 | 4183 | |
| ENERGY EFFICIENT LIGHTS IMPROVEMENT | 2010-09-20 | 22379 | S/L | 39.0000 | 167 | |
| APLEX CONFERENCE CENTER | 2010-08-23 | 208484 | S/L | 39.0000 | 2005 | |
| APLEX CONFERENCE CENTER | 2010-10-25 | 414209 | S/L | 39.0000 | 2213 | |
| APLEX CONFERENCE CENTER | 2010-12-08 | 120000 | S/L | 39.0000 | 128 | |
| KITCHEN EQUIPMENT | 2010-12-17 | 22116 | 200DB | 7.0000 | 22116 | |
| 60 TABLES AND 628 CHAIRS | 2010-10-25 | 16460 | 200DB | 7.0000 | 16460 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (45 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|---|---|---|
| 6.83 SHS AMCAP FUND INC CL A | 2010-06 | PURCHASE | 2010-09 | 114 | 113 | 1 |
| 96.448 SHS HENDERSON INTL OPPTYS CL | 2009-12 | PURCHASE | 2010-10 | 1943 | 1941 | 2 |
| 83.346 SHS NEW WORLD FUND CLASS A | 2009-12 | PURCHASE | 2010-05 | 3907 | 3868 | 39 |
| 12.539 SHS CAPITAL WORLD BOND FD | 2009-03 | PURCHASE | 2010-02 | 252 | 228 | 24 |
| 12.199 SHS CAPITAL WORLD BOND FD | 2009-06 | PURCHASE | 2010-02 | 245 | 229 | 16 |
| 11.463 SHS CAPITAL WORLD BOND FD | 2009-09 | PURCHASE | 2010-02 | 230 | 232 | -2 |
| 13.889 SHS CAPITAL WORLD BOND FD | 2009-12 | PURCHASE | 2010-02 | 279 | 279 | |
| 26200 SHS PIMCO FDS PAC INVT MGM | 2009-04 | PURCHASE | 2010-02 | 258119 | 257284 | 835 |
| 9.271 SHS PIMCO FDS PAC INVT MGM | 2010-02 | PURCHASE | 2010-07 | 91 | 91 | |
| 10.354 SHS PIMCO FDS PAC INVT MGM | 2010-03 | PURCHASE | 2010-07 | 102 | 102 | |
| 2.257 SHS PIMCO FDS PAC INVT MGM | 2010-04 | PURCHASE | 2010-07 | 22 | 22 | |
| 2.352 SHS PIMCO FDS PAC INVT MGM | 2010-05 | PURCHASE | 2010-07 | 23 | 23 | |
| 2.203 SHS PIMCO FDS PAC INVT MGM | 2010-06 | PURCHASE | 2010-07 | 22 | 22 | |
| 2.51 SHS PIMCO FDS PAC INVT MGM | 2010-07 | PURCHASE | 2010-07 | 25 | 25 | |
| 43.601 SHS WASH MUTL INVS FD INC CLA | 2009-09 | PURCHASE | 2010-09 | 1102 | 998 | 104 |
| 41.132 SHS WASH MUTL INVS FD INC CLA | 2009-12 | PURCHASE | 2010-09 | 1040 | 1006 | 34 |
| 34.248 SHS WASH MUTL INVS FD INC CLA | 2010-03 | PURCHASE | 2010-09 | 866 | 869 | -3 |
| 35.865 SHS WASH MUTL INVS FD INC CLA | 2010-06 | PURCHASE | 2010-09 | 907 | 874 | 33 |
| 1342.642 SHS AMCAP FUND INC CL A | 2008-03 | PURCHASE | 2010-09 | 22395 | 25000 | -2605 |
| 54.955 SHS AMCAP FUND INC CL A | 2008-06 | PURCHASE | 2010-09 | 917 | 946 | -29 |
| 17.029 SHS AMCAP FUND INC CL A | 2009-06 | PURCHASE | 2010-09 | 284 | 229 | 55 |
| 1221.299 SHS CAPITAL WORLD BOND FD C | 2008-03 | PURCHASE | 2010-02 | 24524 | 25000 | -476 |
| 11.091 SHS CAPITAL WORLD BOND FD C | 2008-06 | PURCHASE | 2010-02 | 223 | 220 | 3 |
| 11.939 SHS CAPITAL WORLD BOND FD C | 2008-11 | PURCHASE | 2010-02 | 240 | 222 | 18 |
| 17.927 SHS CAPITAL WORLD BOND FD C | 2008-12 | PURCHASE | 2010-02 | 360 | 337 | 23 |
| 5257.624 SHS HENDERSON INTL OPPTYS C | 2008-06 | PURCHASE | 2010-05 | 100000 | 125131 | -25131 |
| 7882.291 SHS HENDERSON INTL OPPTYS C | 2008-06 | PURCHASE | 2010-07 | 150000 | 187599 | -37599 |
| 8029.979 SHS HENDERSON INTL OPPTYS C | 2008-06 | PURCHASE | 2010-08 | 150000 | 191114 | -41114 |
| 1606.856 SHS HENDERSON INTL OPPTYS C | 2008-06 | PURCHASE | 2010-09 | 30000 | 38243 | -8243 |
| 2940.959 SHS HENDERSON INTL OPPTYS C | 2008-06 | PURCHASE | 2010-10 | 59260 | 69995 | -10735 |
| 379.346 SHS HENDERSON INTL OPPTYS C | 2008-12 | PURCHASE | 2010-10 | 7644 | 5167 | 2477 |
| 160.292 SHS HENDERSON INTL OPPTYS C | 2008-12 | PURCHASE | 2010-10 | 3230 | 2183 | 1047 |
| .264 SHS HENDERSON INTL OPPTYS C | 2008-12 | PURCHASE | 2010-10 | 5 | 3 | 2 |
| 1023.751 SHS NEW WORLD FUND CLASS A | 2008-06 | PURCHASE | 2010-04 | 50000 | 58630 | -8630 |
| 5675.662 SHS NEW WORLD FUND CLASS A | 2008-06 | PURCHASE | 2010-05 | 266075 | 325045 | -58970 |
| 110.564 SHS NEW WORLD FUND CLASS A | 2008-12 | PURCHASE | 2010-05 | 5183 | 3390 | 1793 |
| 796.178 SHS WASH MUTL INVS FD INC CL | 2008-03 | PURCHASE | 2010-08 | 19323 | 25000 | -5677 |
| 4.777 SHS WASH MUTL INVS FD INC CL | 2008-06 | PURCHASE | 2010-08 | 116 | 143 | -27 |
| 4.917 SHS WASH MUTL INVS FD INC CL | 2008-09 | PURCHASE | 2010-08 | 119 | 144 | -25 |
| 1666.31 SHS WASH MUTL INVS FD INC CL | 2008-12 | PURCHASE | 2010-08 | 40442 | 34943 | 5499 |
| 3102.40 SHS WASH MUTL INVS FD INC CL | 2008-12 | PURCHASE | 2010-09 | 78429 | 65057 | 13372 |
| 19.023 SHS WASH MUTL INVS FD INC CL | 2008-12 | PURCHASE | 2010-09 | 481 | 399 | 82 |
| 6.918 SHS WASH MUTL INVS FD INC CL | 2008-12 | PURCHASE | 2010-09 | 175 | 145 | 30 |
| 57.019 SHS WASH MUTL INVS FD INC CL | 2009-03 | PURCHASE | 2010-09 | 1441 | 1008 | 433 |
| 47.945 SHS WASH MUTL INVS FD INC CL | 2009-06 | PURCHASE | 2010-09 | 1212 | 990 | 222 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | 4484621 | CostOrOtherBasis |
| Accumulated Depreciation | 274238 | AccumulatedDepreciation |
| Book Value | 4210383 | BookValue |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| ORGANIZATIONAL COSTS | 14040 | 14040 |
| LESS ACCUMULATED AMORTIZATION | -1872 | -2808 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (6 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| EXPENSES | |||
| APLEX OPER EXPENSES | 93864 | 93864 | |
| AMORTIZATION | 936 | ||
| BUSINESS REGISTRATION FEE | 45 | 45 | |
| MISCELLANEOUS | 114 | 114 | |
| INVESTMENT FEES | 69 | 69 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN PAYABLE - TRUST | Description |
| EOY Book Value | 400000 | EOYBookValue |
Comments