FOUNDATIONS OF EAST CHICAGO INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATIONS OF EAST CHICAGO INC (EIN 20-8445003)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-09
- IRS object ID
- 202511299349100301
- Schema version
- 2024v5.1
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-09T01:46:27-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141857445 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | C A WHITTAKER & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E 5th Avenue Suite A | AddressLine1Txt |
| City | Gary | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208445003 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATIONS OF EAST CHICAGO INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ROSA PENA | InCareOfNm |
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 2193924225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | East Chicago | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 463123308 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROSA PENA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2193924225 | PhoneNum |
| Signature | 2025-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CURTIS WHITTAKER CPA | PreparerPersonNm |
| PTIN | P00629216 | PTIN |
| Phone | 2198800850 | PhoneNum |
| Preparation | 2025-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $40,454,384 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,791,567 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $9,772 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,035,176 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,035,176 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $923,899 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,806,915 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $923,899 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $72,182 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $4,832,596 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,959,075 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $263,637 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $26,364 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $271,969 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $16,318 | OthEmplSlrsWgsNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $93,900 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,634 | PensionEmplBnftNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $67,034 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $18,166 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $73,610 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,417 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $46,634 | OtherProfFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $113 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $39,941 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,584 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $8,071 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $807 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $67,906 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,791 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,200 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $330,271 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $231,534 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,264,286 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $324,615 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,813,862 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,054,607 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,078,148 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $324,615 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,054,607 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,754,448 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,634,460 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $253,837 | CashBOYAmt |
| Cash EOY | $330,766 | CashEOYAmt |
| Cash EOYFMV | $330,766 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,798,382 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,513,139 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,513,139 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $281,702 | AcctRcvblAmt |
| Acct Rcvbl BOY | $317,716 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $281,702 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $281,702 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $19,926 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $29,125 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $29,125 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $22,205,098 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,168,518 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $25,168,518 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $10,715,931 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $12,048,201 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $12,048,201 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $156,070 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $138,363 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $15,203 | LandBOYAmt |
| Land EOY | $17,707 | LandEOYAmt |
| Land EOYFMV | $17,707 | LandEOYFMVAmt |
| Other Assets EOY | $65,226 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $65,226 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $36,326,093 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,454,384 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $40,454,384 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $95,090 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $179,359 | AccountsPayableEOYAmt |
| Grants Payable BOY | $592,351 | GrantsPayableBOYAmt |
| Grants Payable EOY | $351,606 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,391 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,371 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $688,832 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $532,336 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $35,637,261 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $39,922,048 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $35,637,261 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,922,048 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $36,326,093 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $40,454,384 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $35,637,261 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,754,448 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,530,339 | OtherIncreasesAmt |
| Subtotal | $39,922,048 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $39,922,048 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Various investm securities & bonds | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2023-01-01 | AcquiredDt |
| Sold | 2024-12-31 | SoldDt |
| Gross Sales Price | $8,806,915 | GrossSalesPriceAmt |
| Cost Or Other Basis | $7,883,016 | CostOrOtherBasisAmt |
| Gain Or Loss | $923,899 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $923,899 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $923,899 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,719 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $22,719 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $22,719 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,000 | TotalPaymentsAndCreditsAmt |
| Tax Due | $10,719 | TaxDueAmt |
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 | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | 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 | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.foundationsec.org | WebsiteAddressTxt |
| Individual With Books | ROSA PENA | IndividualWithBooksNm |
| Phone | 2193924225 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| George Weems | ||||||||
| 4311 Franklin Street | EAST CHICAGO | IN | 46312 | PRESIDENT | 4.00 | $36,000 | $0 | $0 |
| Joseph Verduzco | ||||||||
| 2310 PURDUE DRIVE | East Chicago | IN | 46312 | TREASURER | 3.00 | $18,000 | $0 | $0 |
| Nadyne Kokot | ||||||||
| 4018 Deodar Street | East Chicago | IN | 46312 | VICE PRESIDENT | 3.00 | $18,000 | $0 | $0 |
| Thomas Johnson | ||||||||
| 1213 E Columbus Drive | East Chicago | IN | 46312 | SECRETARY | 3.00 | $18,000 | $0 | $0 |
| Maria Vargas | ||||||||
| 4746 Northcote | East Chicago | IN | 46312 | DIRECTOR | 3.00 | $18,000 | $0 | $0 |
| Richard Peterson | ||||||||
| 4016 Deodar Street | East Chicago | IN | 46312 | DIRECTOR | 3.00 | $18,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ROSA PENA | ||||||||
| 8536 LARKSPUR TERRACE | Saint John | IN | 46373 | Executive Director | 45.00 | $124,312 | $10,398 | $0 |
| JANET WOZNIAK | ||||||||
| 890 Jordan Circle | Schererville | IN | 46375 | PROGRAM MANAGER | 40.00 | $75,247 | $5,597 | $0 |
| ALEXIS JIMINEZ | ||||||||
| 8381 MAGNOLIA STREET | Saint John | IN | 46373 | ADMINISTRATIVE ASSIS | 40.00 | $73,413 | $4,038 | $0 |
| TEREKA BOONE | ||||||||
| 2591 SAMUELSON ROAD | Portage | IN | 46368 | EDUCATION PROGRAM DI | 40.00 | $62,588 | $3,752 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARNES & THORNBURG LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 SOUTH MERIDIAN STREET | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL | ServiceTypeTxt |
| Compensation | $67,042 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,499,380 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,442,355 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,941,735 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,941,735 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $209,126 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,732,609 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $686,630 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $686,630 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,719 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,719 | TotalTaxAmt |
| Distributable Before Adj | $663,911 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $663,911 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $663,911 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,054,607 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,054,607 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $663,911 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $2,829,045 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,719,566 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,779,167 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,321,618 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,705,569 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,354,965 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,054,607 | QualifyingDistributionsAmt |
| Applied To Current Year | $663,911 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,390,696 | RemainingDistriFromCorpusAmt |
| Total Corpus | $13,745,661 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,829,045 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,916,616 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,719,566 | ExcessFromYear4Amt |
| Excess From Year3 | $2,779,167 | ExcessFromYear3Amt |
| Excess From Year2 | $2,321,618 | ExcessFromYear2Amt |
| Excess From Year1 | $1,705,569 | ExcessFromYear1Amt |
| Excess From Current Year | $1,390,696 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ROSA PENA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2193924225 | RecipientPhoneNum |
| Recipient Email Address | rpena@foundationsec.org | RecipientEmailAddressTxt |
| Form And Info And Materials | REQUESTS FOR GRANTS AND/ORDONATIONS ARE MADE TO THE BOARDOF DIRECTORS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | DEADLINES VARY | SubmissionDeadlinesTxt |
| Restrictions On Awards | QUALIFIED APPLICANT MUST BE CLASSIFIED AS A LEGITIMATE 501(C)3 EXEMPT ORGANIZATION | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | East Chicago | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $1,462,256 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,462,256 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | East Chicago | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $351,606 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $351,606 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,772 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,035,176 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $923,899 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,968,847 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,968,847 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERISTAR CASINO | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 AMERISTAR BLVD | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,791,567 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Accounting Fees | $45,610 | $2,737 | $0 | $0 |
| Audit Fees | $28,000 | $1,680 | $0 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate bonds and debt | BondNm |
| EOY Book Value | $12,048,201 | EOYBookValueAmt |
| EOYFMV | $12,048,201 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Mutual funds | $2,237,930 | $2,237,930 |
| Domestic and Foreign Stocks | $22,930,588 | $22,930,588 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| COMPUTER EQUIPMENT | $43,015 | $28,869 | $14,146 | $14,146 |
| FURNITURE & FIXTURES | $63,002 | $63,002 | $0 | $0 |
| LEASEHOLD IMPROVEMENTS | $42,823 | $42,823 | $0 | $0 |
| OFFICE EQUIPMENT | $7,230 | $3,669 | $3,561 | $3,561 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LEGAL FEES | $25,034 | $6,784 | $0 | $0 |
| LEGAL LITIGATION | $42,000 | $11,382 | $0 | $0 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Operating lease right-of-use asset | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $65,226 | EOYBookValueAmt |
| EOYFMV | $65,226 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT EXPENSES | $231,534 | $231,534 | $0 | $0 |
| PROMOTIONS & MARKETING | $37,231 | $0 | $0 | $0 |
| INSURANCE | $20,338 | $0 | $0 | $0 |
| OTHER MISCELLANEOUS | $16,589 | $0 | $0 | $0 |
| SUPPLIES | $12,044 | $0 | $0 | $0 |
| COMMUNICATION EXPENSE | $7,161 | $0 | $0 | $0 |
| MAINTENANCE | $3,577 | $0 | $0 | $0 |
| POSTAGE & DELIVERY | $1,797 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous income | Desc |
| Revenue And Expenses Per Books | $72,182 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized gains on investments | Desc |
| Amt | $2,530,339 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES-AFLACSIT | Desc |
| BOY Book Value | $1,391 | BOYBookValueAmt |
| EOY Book Value | $1,371 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Gifts Maintenance | $24,500 | $0 | $0 | $0 |
| Computer Consultants | $14,950 | $0 | $0 | $0 |
| Cleaning Service | $4,896 | $0 | $0 | $0 |
| Contractual Services | $1,725 | $0 | $0 | $0 |
| Website consultant | $563 | $0 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ER MEDICARE | $5,340 | $534 | $0 | $0 |
| ER SOCIAL SECURITY | $22,834 | $2,283 | $0 | $0 |
| EXCISE TAXES | $11,767 | $11,767 | $0 | $0 |