BADGER CREEK CORPORATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BADGER CREEK CORPORATION (EIN 20-1210921)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-12-08
- IRS object ID
- 202403439349100100
- Schema version
- 2023v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-08T07:33:24-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 431914739 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOWERS & FELDMAN CPA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 W 135TH ST STE 200 | AddressLine1Txt |
| City | LEAWOOD | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201210921 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BADGER CREEK CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BADG | BusinessNameControlTxt |
| Phone | 9135995010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194 STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NELSON D SHIRLEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9135995010 | PhoneNum |
| Signature | 2024-12-08 | 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 | LEO FELDMAN | PreparerPersonNm |
| PTIN | P00445594 | PTIN |
| Phone | 9132392390 | PhoneNum |
| Preparation | 2024-12-08 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,069,127 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $520,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $177,880 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $177,880 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $177,880 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $262,194 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $262,194 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $262,194 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,040,431 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,940,679 | GrossSalesPriceAmt |
| Gross Sales Less Ret And Allwnc | $2,608,153 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $2,608,153 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $2,608,153 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $559,006 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $559,006 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $5,167,664 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $440,074 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,607,233 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $426,700 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $426,700 | OthEmplSlrsWgsAdjNetIncmAmt |
| Pension Empl Bnft Rev And Expnss | $34,050 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $34,050 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $225,668 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $225,668 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $25,731 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $25,731 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $500 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $500 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $846 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $846 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $27,958 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,061 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $20,897 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $613,889 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $613,889 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $2,135 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $2,135 | TravConfMeetingAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $3,794,155 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $34,884 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $2,256,817 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,502,454 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,151,632 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,945 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $3,607,233 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,502,454 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,151,632 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,945 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $3,607,233 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,502,454 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $16,032 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $398,129 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $64,831 | CashBOYAmt |
| Cash EOY | -$170,757 | CashEOYAmt |
| Cash EOYFMV | -$170,757 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,798,403 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $807,907 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $807,907 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $7,003 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $6,004 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $6,004 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $3,612,411 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,909,472 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,339,789 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,166,228 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,149,176 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,886,184 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $19,565,786 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,388,244 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $15,218,409 | LandBOYAmt |
| Land EOY | $15,177,542 | LandEOYAmt |
| Other Assets BOY | $1,200,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,200,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,200,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $26,067,285 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,079,344 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,069,127 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $190,044 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $186,071 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $190,044 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $186,071 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $25,877,241 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $25,893,273 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,877,241 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,893,273 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,067,285 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,079,344 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,877,241 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $16,032 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,893,273 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $25,893,273 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,534 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,534 | SubtotalAmt |
| Tax Based On Investment Income | $5,534 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $70 | EsPenaltyAmt |
| Overpayment | $396 | OverpaymentAmt |
| Applied To ES Tax | $396 | AppliedToESTaxAmt |
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 | KS | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NM | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | NELSON D SHIRLEY | IndividualWithBooksNm |
| Phone | 9135995010 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194TH STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| NELSON D SHIRLEY | ||||||||
| 6500 W 194 STREET | STILWELL | KS | 66085 | PRESIDENT | 30.00 | $0 | $0 | $0 |
| LORI KELLY | ||||||||
| 6500 W 194 STREET | STILWELL | KS | 66085 | SECRETARY | 20.00 | $0 | $0 | $0 |
| BRADLEY SIEBERT | ||||||||
| 19005 WALMER | STILWELL | KS | 66085 | VICE-PRESIDE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 4 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DALE STUHL LTD CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BOX 41 | AddressLine1Txt |
| City | NARA VISA | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88430 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | TRANSPORTATION | ServiceTypeTxt |
| Compensation | $193,757 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ACQUISITION OF LAND, LAND IMPROVEMENTS, EQUIPMENT & LIVESTOCK PURSUANT TO THE FOUNDATION'S EXEMPT PURPOSE | Description1Txt |
| Expenses1 | $2,063,914 | Expenses1Amt |
| Description2 | PRESERVATION AND PROMOTION OF BIODIVERSITY OF WILDLANDS | Description2Txt |
| Expenses2 | $1,502,454 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,607,611 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $923,179 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,530,790 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $10,530,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $157,962 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,372,828 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $518,641 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,502,454 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $2,063,914 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $3,566,368 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $3,566,368 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $3,566,368 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,566,368 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year3 | $750,847 | Year3Amt |
| Total | $750,847 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year3 | $638,220 | Year3Amt |
| Total | $638,220 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,566,368 | CurrentYearAmt |
| Year1 | $4,886,471 | Year1Amt |
| Year2 | $5,596,856 | Year2Amt |
| Year3 | $8,243,261 | Year3Amt |
| Total | $22,292,956 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,566,368 | CurrentYearAmt |
| Year1 | $4,886,471 | Year1Amt |
| Year2 | $5,596,856 | Year2Amt |
| Year3 | $8,243,261 | Year3Amt |
| Total | $22,292,956 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $345,761 | CurrentYearAmt |
| Year1 | $380,359 | Year1Amt |
| Year2 | $412,264 | Year2Amt |
| Year3 | $500,565 | Year3Amt |
| Total | $1,638,949 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $177,880 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $262,194 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,040,431 | RelatedOrExemptFunctionIncmAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,608,153 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| CUSTOM GRAZING FEES | $22,700 |
| CRP/LIP/NAP | $202,701 |
| CROP INSURANCE PROCEEDS | $260,002 |
| HUNTING TAGS | |
| OTHER INCOME | $73,603 |
| GAIN ON CATTLE FUTURES |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $440,074 | ExclusionAmt |
| Related Or Exempt Function Incm | $4,207,590 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,647,664 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | GHOST LAKE CORPORATION | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194TH STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $520,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $25,731 | Amt |
| Adjusted Net Income | $25,731 | AdjustedNetIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $613,889 | CurrentYearExpenseAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (26 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|---|
| 3 BULLS | 2014-05 | PURCHASE | 2023-01 | $3,000 | $8,750 | $3,000 | $8,750 |
| 15 BULLS | PURCHASE | 2023-08 | $30,000 | $41,250 | $30,000 | $41,250 | |
| 1 COW | 2016-01 | PURCHASE | 2023-01 | $236 | $1,453 | $236 | $1,453 |
| 18 COWS | 2016-01 | PURCHASE | 2023-01 | $38,694 | $26,157 | $38,694 | $26,157 |
| 34 COWS | 2016-01 | PURCHASE | 2023-01 | $29,526 | $49,407 | $29,526 | $49,407 |
| 33 COWS | 2016-01 | PURCHASE | 2023-01 | $25,886 | $47,954 | $25,886 | $47,954 |
| 4 COWS | 2016-01 | PURCHASE | 2023-01 | $9,426 | $5,813 | $9,426 | $5,813 |
| 1 COW | 2016-01 | PURCHASE | 2023-02 | $1,300 | $1,453 | $1,300 | $1,453 |
| 12 COWS | 2016-01 | PURCHASE | 2023-02 | $27,115 | $17,438 | $27,115 | $17,438 |
| 4 COWS | 2016-01 | PURCHASE | 2023-03 | $3,752 | $5,813 | $3,752 | $5,813 |
| 24 COWS | 2016-01 | PURCHASE | 2023-03 | $53,738 | $34,876 | $53,738 | $34,876 |
| 27 COWS | 2016-01 | PURCHASE | 2023-04 | $60,153 | $39,235 | $60,153 | $39,235 |
| 25 COWS | 2016-01 | PURCHASE | 2023-05 | $61,189 | $36,329 | $61,189 | $36,329 |
| 21 COWS | 2016-01 | PURCHASE | 2023-05 | $48,457 | $30,592 | $48,457 | $30,592 |
| 15 COWS | 2016-01 | PURCHASE | 2023-05 | $35,267 | $21,851 | $35,267 | $21,851 |
| 49 COWS | 2016-01 | PURCHASE | 2023-06 | $129,713 | $71,381 | $129,713 | $71,381 |
| 2 COWS | 2016-01 | PURCHASE | 2023-06 | $1,473 | $2,914 | $1,473 | $2,914 |
| 8 COWS | 2016-01 | PURCHASE | 2023-08 | $18,544 | $11,654 | $18,544 | $11,654 |
| 23 COWS | 2016-01 | PURCHASE | 2023-08 | $30,074 | $33,505 | $30,074 | $33,505 |
| 261 COWS | 2016-01 | PURCHASE | 2023-11 | $273,634 | $380,214 | $273,634 | $380,214 |
| 187 COWS | 2016-01 | PURCHASE | 2023-12 | $214,629 | $272,414 | $214,629 | $272,414 |
| CLARK CNTY NOTE 6/15/24 | 2013-02 | PURCHASE | 2023-06 | $15,000 | $17,051 | -$2,051 | |
| INVESCO EQUAL WEIGHT TREASURY ETF | 2023-02 | PURCHASE | 2023-10 | $456,207 | $502,217 | -$46,010 | |
| BLUEROCK TOTAL INCOME | 2021-12 | PURCHASE | 2023-02 | $146,833 | $146,598 | $235 | |
| BLUEROCK TOTAL INCOME | 2021-12 | PURCHASE | 2023-05 | $176,477 | $179,044 | -$2,567 | |
| BLUEROCK TOTAL INCOME | 2021-12 | PURCHASE | 2023-11 | $50,356 | $55,338 | -$4,982 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (25 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BERTIE CNTY NC 4.667% DUE 11/1/35 | $148,643 | $134,758 |
| CENTER POINTER-URBANA IOWA 2.74% | $205,309 | $197,704 |
| CHRISTIAN CNTY KY 5.375% SCH DIST | $317,122 | $300,450 |
| CITRUS CNTY FL 6.378% 4/1/27 | $115,996 | $105,140 |
| CLARK CTY NV 5.51% SCH DIST | $22,735 | $20,024 |
| CLEVELAND OH 5.2% QSCB SCH | $108,717 | $99,735 |
| CONNECTICUT ST 1.7% | $89,171 | $90,270 |
| DECATUR MI 6.45% PUB SCH DUE 5 | $245,000 | $206,674 |
| HARLIGEN TX 6.75% SCH DIST | $296,123 | $257,353 |
| HOFFMAN ESTATES IL 4.25% TSBL | $200,025 | $199,962 |
| HUDSON NY 4.35% SCH DIST TAX D | $252,025 | $237,526 |
| JEA FL ELEC SYS 5.582% | $105,901 | $101,706 |
| JOHNSON COUNTY KS 1.82% PARKS | $125,015 | $105,131 |
| KANSAS CITY MO 2.689% 10/1/24 | $202,863 | $196,556 |
| KINDRED NORTH DAKOTA 6% 8/1/27 | $119,532 | $103,760 |
| MCALLEN TX 4.66% DUE 2/15/26 | $264,252 | $250,120 |
| MCKLNBRG CNTY NC 4.349% DUE 10/1/30 | $104,556 | $100,003 |
| MIRAMAR FL SPL 1.535% | $137,182 | $138,906 |
| NYC NY TRAN AUTH 2.77% DUE 8/1/28 | $146,794 | $139,455 |
| OK ST CAP IIMPT 3.823% DUE 7/1/29 | $102,381 | $96,337 |
| ROGERS AR SD 030 5.5% 29 GO LTX | $216,661 | $196,620 |
| SOQUEL CREEK CA 1.545% | $55,912 | $56,540 |
| ST PUB SCH BLD 5.426% | $100,259 | $101,732 |
| TX ST 2.466% 12/1/24 | $236,574 | $229,654 |
| WHITLEY CNTY KY 5.25% 29 LEAS SCH | $230,428 | $220,068 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE, INC | $47,551 | $481,325 |
| BLUEROCK REAL ESTATE FUND | $160,665 | $140,786 |
| BP PLC | $190,561 | $183,489 |
| CARLYLE TACT CREDIT FUND | $238,604 | $227,238 |
| CHEVRON CORPORATION | $279,777 | $371,972 |
| CONOCO PHILLIPS | $129,864 | $222,554 |
| EXXON MOBIL | $155,071 | $179,583 |
| INTEL CORP | $40,548 | $100,500 |
| ISHARES 10-20 TREASURY BOND | $455,587 | $525,819 |
| ISHARES HIGH DIVIDEND EQUITY | $637,422 | $832,204 |
| JOHNSON & JOHNSON | $30,764 | $70,533 |
| JP MORGAN EQUITY PREMIUM | $542,959 | $540,031 |
| LOCKHEED MARTIN CORP | $27,834 | $135,972 |
| NORFOLK SOUTHERN CORP | $44,608 | $177,285 |
| PALMER SQUARE OPPTY INCOME | $234,438 | $227,216 |
| ROYAL BANK OF CANADA | $98,523 | $166,865 |
| SCHWAB TREASURY OBLIG MO | $1,559,407 | $1,559,407 |
| WASTE MANAGEMENT | $35,289 | $197,010 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| BUILDINGS & EQUIPMENT | $7,533,237 | $4,388,244 | $3,144,993 |
| LAND | $12,032,549 | $12,032,549 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $225,668 | LegalFeesAmt |
| Adjusted Net Income | $225,668 | AdjustedNetIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MORTGAGE RECEIVABLE | Desc |
| BOY Book Value | $1,200,000 | BOYBookValueAmt |
| EOY Book Value | $1,200,000 | EOYBookValueAmt |
| EOYFMV | $1,200,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGES | $5,092 | $5,092 | ||
| CONTRACT LABOR | $173,555 | $173,555 | ||
| DUES & SUBSCRIPTIONS | $7,070 | $7,070 | ||
| FUEL | $163,406 | $163,406 | ||
| GRAZING FEES | $27,827 | $27,827 | ||
| INSURANCE | $311,651 | $311,651 | ||
| LIVESTOCK OPERATING EXPENSE | $2,578,337 | $1,075,883 | $1,502,454 | |
| MANAGEMENT FEES | $144,000 | $144,000 | ||
| OFFICE SUPPLIES | $7,920 | $7,920 | ||
| POSTAGE | $869 | $869 | ||
| REPAIRS & MAINTENANCE | $217,045 | $217,045 | ||
| SUPPLIES | $98,475 | $98,475 | ||
| TRADING FEES | $101 | $101 | ||
| UTILITIES | $24,024 | $24,024 | ||
| LOSS ON CATTLE FUTURES | $34,783 | $34,783 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| CUSTOM GRAZING FEES | $22,700 | $22,700 |
| CRP/LIP/NAP | $202,701 | $202,701 |
| CROP INSURANCE PROCEEDS | $260,002 | $260,002 |
| OTHER INCOME | $73,603 | $73,603 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $500 | Amt |
| Adjusted Net Income | $500 | AdjustedNetIncomeAmt |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LIVESTOCK SALES | CategoryTxt |
| Gross Sales | $2,608,153 | GrossSalesAmt |
| Net | $2,608,153 | NetAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PROPERTY TAX | $20,897 | $20,897 | |
| FOREIGN TAX | $1,619 | $1,619 | |
| FEDERAL INCOME TAX | $5,442 | $5,442 |