LINDA REDMANN SCHOLARSHIP TR: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LINDA REDMANN SCHOLARSHIP TR (EIN 38-7147993)
- Tax period
- 2022-09-01 to 2023-08-31
- Filed
- 2024-07-09
- IRS object ID
- 202421919349100327
- Schema version
- 2022v5.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-09T17:01:14-05:00 | ReturnTs |
| Tax Period End | 2023-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 ONE PPG PLACE | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 387147993 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDA REDMANN SCHOLARSHIP TR 1020000264 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIND | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 SOUTH COLUMBIA ROAD | AddressLine1Txt |
| City | GRAND FORKS | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALERUS FINANCIAL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Signature | 2024-06-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALEX POWELL | PreparerPersonNm |
| PTIN | P01572815 | PTIN |
| Phone | 4126445353 | PhoneNum |
| Preparation | 2024-06-25 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $503,796 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Dividends Rev And Expnss | $23,329 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $22,870 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$9,369 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $152,185 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $13,960 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $22,870 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $6,623 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $6,623 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $6,623 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $165 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $165 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $1,031 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,031 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $7,819 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,819 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,623 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $28,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $28,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $35,819 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,819 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $34,623 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$21,859 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,051 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,109 | CashBOYAmt |
| Cash EOY | $18,272 | CashEOYAmt |
| Cash EOYFMV | $18,272 | CashEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $303,426 | CorporateStockBOYAmt |
| Corporate Stock EOY | $267,833 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $275,675 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $231,526 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $229,550 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $209,849 | CorporateBondsEOYFMVAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $537,061 | TotalAssetsBOYAmt |
| Total Assets EOY | $515,655 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $503,796 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $537,061 | CapitalStockBOYAmt |
| Capital Stock EOY | $515,655 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $537,061 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $515,655 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $537,061 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $515,655 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $537,061 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$21,859 | ExcessRevenueOverExpensesAmt |
| Other Increases | $458 | OtherIncreasesAmt |
| Subtotal | $515,660 | SubtotalAmt |
| Other Decreases | $5 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $515,655 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (102 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 1871.692 JP MORGAN EQUITY PREMIUM INCOME I | 2022-07-22 | 2022-10-06 | $24,444 | $26,279 | -$1,835 | -$1,835 | |
| 165.634 ALLIANCEBERNSTEIN HIGH INCOME ADVISOR | 2022-08-19 | 2022-10-17 | $1,057 | $1,150 | -$93 | -$93 | |
| 7. CHEVRONTEXACO CORP COM | 2021-04-06 | 2022-10-17 | $1,132 | $709 | $423 | $423 | |
| 19. EXXON MOBIL CORP COM | 2021-03-22 | 2022-10-17 | $1,914 | $1,031 | $883 | $883 | |
| 11. MERCK & CO INC NEW | 2015-09-16 | 2022-10-17 | $1,029 | $560 | $469 | $469 | |
| 13. METLIFE INC | 2019-02-27 | 2022-10-17 | $859 | $587 | $272 | $272 | |
| 16. OMNICOM GROUP INC | 2020-10-21 | 2022-10-17 | $1,081 | $826 | $255 | $255 | |
| 21. RESTURANT BRANDS INTERNATIONAL I RESTAURANT BRANDS INTERNATONAL I | 2020-08-25 | 2022-10-17 | $1,147 | $1,150 | -$3 | -$3 | |
| 8. EATON CORP PLC | 2015-09-16 | 2022-10-17 | $1,103 | $453 | $650 | $650 | |
| 95. ISHARES BARCLAYS 20+YR TREAS BOND FD | 2022-10-17 | 2022-11-16 | $9,580 | $10,634 | -$1,054 | -$1,054 | |
| 266. V F CORP COM | 2022-10-17 | 2022-12-20 | $6,689 | $11,171 | -$4,482 | -$4,482 | |
| 2. RIO TINTO PLC ADR | 2021-02-10 | 2022-12-27 | $143 | $167 | -$24 | -$24 | |
| 1. LOCKHEED MARTIN CORP | 2022-01-20 | 2023-01-20 | $441 | $379 | $62 | $62 | |
| 17. LOCKHEED MARTIN CORP | 2021-11-18 | 2023-01-20 | $7,496 | $5,760 | $1,736 | $1,736 | |
| 43. PRUDENTIAL FINANCIAL INC | 2021-04-12 | 2023-02-09 | $4,454 | $3,670 | $784 | $784 | |
| 8. EMERSON ELECTRIC COMPANY | 2022-07-06 | 2023-02-23 | $657 | $663 | -$6 | -$6 | |
| 37. EMERSON ELECTRIC COMPANY | 2020-08-12 | 2023-02-23 | $3,037 | $1,995 | $1,042 | $1,042 | |
| 1249.46 ALLIANCEBERNSTEIN HIGH INCOME ADVISOR | 2022-08-19 | 2023-04-26 | $8,246 | $8,658 | -$412 | -$412 | |
| 148. NEWELL RUBBERMAID INC COM | 2022-10-17 | 2023-05-16 | $1,290 | $2,555 | -$1,265 | -$1,265 | |
| 324. NEWELL RUBBERMAID INC COM | 2022-01-25 | 2023-05-16 | $2,823 | $8,084 | -$5,261 | -$5,261 | |
| 4. PRUDENTIAL FINANCIAL INC | 2022-06-21 | 2023-05-24 | $317 | $375 | -$58 | -$58 | |
| 36. PRUDENTIAL FINANCIAL INC | 2022-05-17 | 2023-05-24 | $2,856 | $3,563 | -$707 | -$707 | |
| 65. US BANCORP DEL COM NEW | 2022-08-18 | 2023-05-24 | $1,983 | $3,163 | -$1,180 | -$1,180 | |
| 111. US BANCORP DEL COM NEW | 2022-05-17 | 2023-05-24 | $3,386 | $4,570 | -$1,184 | -$1,184 | |
| 16. ADR BHP BILLITON LTD | 2022-03-16 | 2023-05-30 | $889 | $1,057 | -$168 | -$168 | |
| 10. BROADCOM CORP | 2018-07-16 | 2023-05-30 | $8,170 | $2,033 | $6,137 | $6,137 | |
| 11. OMNICOM GROUP INC | 2021-01-05 | 2023-05-30 | $998 | $588 | $410 | $410 | |
| 22. RESTURANT BRANDS INTERNATIONAL I RESTAURANT BRANDS INTERNATONAL I | 2020-09-08 | 2023-05-30 | $1,580 | $1,228 | $352 | $352 | |
| 12. RIO TINTO PLC ADR | 2021-03-22 | 2023-05-30 | $720 | $976 | -$256 | -$256 | |
| 16. UNILEVER PLC ADR | 2022-07-08 | 2023-05-30 | $798 | $741 | $57 | $57 | |
| 15. DUKE ENERGY CORPORATION | 2022-10-17 | 2023-06-21 | $1,370 | $1,423 | -$53 | -$53 | |
| 69. DUKE ENERGY CORPORATION | 2022-01-26 | 2023-06-21 | $6,301 | $6,722 | -$421 | -$421 | |
| 62. ADR BHP BILLITON LTD | 2022-06-21 | 2023-07-12 | $3,759 | $4,086 | -$327 | -$327 | |
| 10. OMNICOM GROUP INC | 2021-01-05 | 2023-07-12 | $955 | $623 | $332 | $332 | |
| 88. RIO TINTO PLC ADR | 2022-06-21 | 2023-07-12 | $5,881 | $6,433 | -$552 | -$552 | |
| 72. ADVANCE AUTO PARTS INC | 2023-05-30 | 2023-08-18 | $5,021 | $9,517 | -$4,496 | -$4,496 | |
| 402.775 INVESCO STEELPATH MLP SELECT 40 CL R6 | 2022-10-06 | 2023-08-30 | $2,981 | $2,575 | $406 | $406 | |
| 20. BEST BUY COMPANY, INC. | 2022-07-08 | 2023-08-30 | $1,515 | $1,428 | $87 | $87 | |
| 12. CVS CORP | 2023-05-30 | 2023-08-30 | $801 | $801 | |||
| 75. CVS CORP | 2022-08-17 | 2023-08-30 | $5,008 | $7,904 | -$2,896 | -$2,896 | |
| 5. ABBVIE INC | 2022-01-06 | 2023-08-31 | $738 | $682 | $56 | $56 | |
| 1. BROADCOM CORP | 2018-07-17 | 2023-08-31 | $920 | $206 | $714 | $714 | |
| 39.831 COHEN AND STEERS GLOBAL REALTY I | 2017-07-31 | 2023-08-31 | $1,966 | $2,088 | -$122 | -$122 | |
| 18. EXXON MOBIL CORP COM | 2022-06-27 | 2023-08-31 | $2,001 | $1,118 | $883 | $883 | |
| 42. HASBRO INC | 2023-05-16 | 2023-08-31 | $3,027 | $2,591 | $436 | $436 | |
| 58. INTEL, INC. | 2022-07-25 | 2023-08-31 | $2,049 | $2,273 | -$224 | -$224 | |
| 8. INTERNATIONAL BUSINESS MACHINES, INC. | 2019-01-29 | 2023-08-31 | $1,176 | $1,025 | $151 | $151 | |
| 10. MERCK & CO INC NEW | 2021-04-12 | 2023-08-31 | $1,100 | $677 | $423 | $423 | |
| 38. METLIFE INC | 2019-02-27 | 2023-08-31 | $2,403 | $1,717 | $686 | $686 | |
| 7. UNION PAC CORP | 2023-01-20 | 2023-08-31 | $1,548 | $1,449 | $99 | $99 | |
| 18. SEAGATE TECHNOLOGY | 2021-04-13 | 2023-08-31 | $1,273 | $1,441 | -$168 | -$168 | |
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P | |||||
| CAPITAL GAIN DIVIDENDS | $73 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$9,369 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $209 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $209 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $209 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $209 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | ND | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alerus Financial | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 S Columbia Rd | AddressLine1Txt |
| City | Grand Forks | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $6,623 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PAID TO TRINITY BIBLE COLLEGE 2023 FALL SCHOLARSHIP FOR ISABELLA DREGER (R - CHERYL) | Description1Txt |
| Expenses1 | -$3,500 | Expenses1Amt |
| Description2 | PAID TO VALLEY CITY STATE UNIVERSITY 2023 FALL SCHOLARSHIP FOR RYLAN PARSLEY (R - CHERYL) | Description2Txt |
| Expenses2 | -$3,500 | Expenses2Amt |
| Description3 | PAID TO UNIVERSITY OF MARY 2023 FALL SCHOLARSHIP FOR KAYLEE KEMP (R - CHERYL) | Description3Txt |
| Expenses3 | -$3,500 | Expenses3Amt |
| Description4 | PAID TO NORTHLAND COMMUNITY & TECHNICAL COLLEGE 2023 FALL SCHOLARSHIP FOR PAIGE GUNDERSON (R - CHERYL) | Description4Txt |
| Expenses4 | -$3,500 | Expenses4Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $510,629 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,283 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $519,912 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $519,912 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,799 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $512,113 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $25,606 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $25,606 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $209 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $209 | TotalTaxAmt |
| Distributable Before Adj | $25,397 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $25,397 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $25,397 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $34,623 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $34,623 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $25,397 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $19,043 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $19,043 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $34,623 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $25,397 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,226 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $28,269 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $28,269 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $19,043 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $9,226 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDA REDMANN TRUST | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 SOUTH COLUMBIA ROAD | AddressLine1Txt |
| City | GRAND FORKS | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SCHOLARSHIPS | GrantOrContributionPurposeTxt |
| Amt | $28,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $28,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $23,329 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$9,369 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $13,960 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $13,960 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (10 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS GROUP INC 5% | $25,447 | $24,640 |
| GOLDMAN SACHS GROUP INC 5.75% | ||
| JP MORGAN CHASE & CO 4.125% | $25,964 | $24,071 |
| SHERWIN WILLIAMS CO 3.45% SNR | $26,665 | $23,558 |
| SYSCO CORPORATION 5.95% SNR PI | $30,255 | $25,899 |
| VERIZON COMMUNICATIONS 4.016% | $27,551 | $23,231 |
| WELLS FARGO & COMPANY 4.48% | $25,042 | $24,854 |
| ALLIANCEBERNSTEIN HIGH INCOME | $26,264 | $25,766 |
| DOLLAR TREE INC 4.2% SNR NTS | $32,133 | $28,456 |
| ISHARES BARCLAYS 20+YR TREAS | $10,229 | $9,374 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (59 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOW INC | ||
| RIO TINTO PLC ADR | $5,121 | $5,000 |
| HASBRO INC | $4,765 | $5,616 |
| HOME DEPOT INC | ||
| NEWELL RUBBERMAID INC COM | ||
| OMNICOM GROUP INC | $5,317 | $5,914 |
| RESTURANT BRANDS INTERNATIONAL | ||
| CVS CORP | ||
| COCA COLA COMPANY | ||
| PHILIP MORRIS | ||
| CHEVRONTEXACO CORP COM | $6,150 | $6,927 |
| EXXON MOBIL CORP COM | $6,377 | $7,339 |
| TOTAL ADR | ||
| JP MORGAN CHASE & CO | $5,399 | $8,164 |
| METLIFE INC | $5,677 | $6,904 |
| PRUDENTIAL FINANCIAL INC | ||
| JOHNSON AND JOHNSON | ||
| MERCK & CO INC NEW | $5,238 | $7,411 |
| PFIZER INC | ||
| EMERSON ELECTRIC COMPANY | ||
| LOCKHEED MARTIN CORP | ||
| EATON CORP PLC | $1,911 | $6,450 |
| INVESCO STEELPATH MLP SELECT 4 | $21,494 | $24,665 |
| COHEN AND STEERS GLOBAL REALTY | $14,190 | $13,346 |
| VANGUARD REAL ESTATE ETF | ||
| BANK OF AMERICA CORPORATION PR | $6,554 | $5,791 |
| METLIFE INC PREFERRED SECURITY | $8,013 | $6,448 |
| PUBLIC STORAGE PREFERRED | $6,453 | $5,373 |
| SCE TRUST II PREFERRED STOCK | $5,203 | $4,227 |
| US BANCORP DEL DEPOSITARY SHAR | $7,634 | $4,880 |
| WELLS FARGO & CO DEP PFD | $7,674 | $5,449 |
| APPLE COMPUTER INC | ||
| BROADCOM CORP | $3,565 | $8,306 |
| INTERNATIONAL BUSINESS MACHINE | $7,185 | $8,516 |
| MICROSOFT CORPORATION | ||
| TEXAS INSTRUMENTS INC | ||
| ACCENTURE PLC | ||
| SEAGATE TECHNOLOGY | $6,892 | $6,442 |
| AT&T INC | $10,478 | $7,114 |
| VERIZON COMMUNICATIONS | $8,831 | $6,926 |
| DUKE ENERGY CORPORATION | ||
| SOUTHERN COMPANY | $7,207 | $7,450 |
| US BANCORP DEL COM NEW | ||
| ADR BHP BILLITON LTD | $4,738 | $5,059 |
| BEST BUY INC | $6,924 | $7,416 |
| UNILEVER PLC ADR | $6,933 | $7,551 |
| V F CORP COM | ||
| ABBVIE INC | $6,938 | $7,495 |
| JP MORGAN EQUITY PREMIUM INCOM | ||
| AT&T INC DEPOSITARY SHARES, EA | $10,154 | $9,981 |
| THE CHARLES SCHWAB CORPORATION | $13,679 | $9,914 |
| INTEL CORPORATION | $7,347 | $7,344 |
| RESTURANT BRANDS INTERNATIONAL | $6,090 | $7,223 |
| CLOROX COMPANY | $6,082 | $6,258 |
| KENVUE INC | $5,226 | $5,348 |
| FIFTH THIRD BANCORP | $8,260 | $8,655 |
| UNION PAC CORP | $6,209 | $6,617 |
| WATSCO INC | $3,950 | $4,739 |
| CMS ENERGY CORP COM | $7,975 | $7,417 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $5 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMNT MNGMNT FEES (NON-DED | $1,029 | $1,029 | $0 |
| OTHER EXPENSE (NON-DEDUCTIBLE | $2 | $2 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF CAPITAL ADJUSTMENT | Desc |
| Amt | $458 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $165 | Amt |
| Net Investment Income | $165 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |