LUCY R BUECHNER CORP: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LUCY R BUECHNER CORP (EIN 34-6000449)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-29
- IRS object ID
- 202531199349100223
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-29T09:12:49-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341667340 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACKER THOMAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6601 WESTFORD PLACE SUITE 101 | AddressLine1Txt |
| City | CANFIELD | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44406 | 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 | 346000449 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LUCY R BUECHNER CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LUCY | BusinessNameControlTxt |
| Phone | 3307445361 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 620 BRYSON STREET | AddressLine1Txt |
| City | YOUNGSTOWN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44502 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIM LEASURE | PersonNm |
| Person Title | AUTHORIZED OFFICER | PersonTitleTxt |
| Phone | 3307445361 | PhoneNum |
| Signature | 2025-04-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN F HIGGINS CPA | PreparerPersonNm |
| PTIN | P00318600 | PTIN |
| Phone | 3305339777 | PhoneNum |
| 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 | $25,354,515 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $625,801 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $625,801 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $625,801 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,023,715 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,112,936 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,023,715 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $292,535 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $292,535 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $292,535 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,942,051 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,942,051 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $918,336 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $58,428 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $58,428 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $450,505 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $450,505 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $313,419 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $313,419 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,082 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $14,082 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $14,082 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $74,119 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $74,119 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $74,119 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $51,945 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $51,945 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $401,522 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $292,535 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $292,535 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $99,749 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,364,020 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $380,736 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $432,681 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $922,101 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,364,020 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $380,736 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $432,681 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $922,101 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $578,031 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,561,315 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $485,655 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $43,408 | CashBOYAmt |
| Cash EOY | $64,564 | CashEOYAmt |
| Cash EOYFMV | $64,564 | CashEOYFMVAmt |
| Inventories BOY | $943 | InventoriesBOYAmt |
| Inventories EOY | $920 | InventoriesEOYAmt |
| Inventories EOYFMV | $920 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $16,799 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $18,261 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $18,261 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $4,941,930 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,544,276 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,544,276 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $13,516,215 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,658,633 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,658,633 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,087,204 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,158,985 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,158,985 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,765,449 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,925,419 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $863,225 | LandBOYAmt |
| Land EOY | $840,030 | LandEOYAmt |
| Land EOYFMV | $840,030 | LandEOYFMVAmt |
| Other Assets BOY | $73,450 | OtherAssetsBOYAmt |
| Other Assets EOY | $68,846 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $68,846 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $23,543,174 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,354,515 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,354,515 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $32,032 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $36,901 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $15,939 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $19,685 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $47,971 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $56,586 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $22,455,526 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $24,258,252 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $1,039,677 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $1,039,677 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,495,203 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,297,929 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,543,174 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,354,515 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,495,203 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $578,031 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,224,695 | OtherIncreasesAmt |
| Subtotal | $25,297,929 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,297,929 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2001-01-01 | AcquiredDt |
| Sold | 2024-12-31 | SoldDt |
| Gross Sales Price | $10,112,936 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,089,221 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,023,715 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,023,715 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,023,715 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1986-05-16 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KIM LEASURE | IndividualWithBooksNm |
| Phone | 3307445361 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 620 BRYSON STREET | AddressLine1Txt |
| City | YOUNGSTOWN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| NANCY W BEEGHLY | ||||||||
| 620 BRYSON STREET | YOUNGSTOWN | OH | 44502 | ASST SECRETARY/ASST TREASURER | 0.00 | $0 | $0 | $0 |
| SALLIE T DUTTON | ||||||||
| 620 BRYSON STREET | YOUNGSTOWN | OH | 44502 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ELLIE PLATT | ||||||||
| 620 BRYSON STREET | YOUNGSTOWN | OH | 44502 | SECRETARY | 0.00 | $0 | $0 | $0 |
| SHIRLEY J CHRISTIAN | ||||||||
| 620 BRYSON STREET | YOUNGSTOWN | OH | 44502 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| DENISE G BAYER | ||||||||
| 620 BRYSON STREET | YOUNGSTOWN | OH | 44502 | TREASURER | 0.00 | $0 | $0 | $0 |
| KIMBERLY LEASURE | ||||||||
| 620 BRYSON STREET | YOUNGSTOWN | OH | 44502 | ASST SECRETARY/ASST TREASURER | 40.00 | $58,428 | $1,214 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PNC BANK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST FEDERAL ST | AddressLine1Txt |
| City | YOUNGSTOWN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $72,119 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE LUCY R. BUECHNER CORPORATION IS FORMED FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING IN YOUNGSTOWN, OHIO, UNDER THE TERMS AND PROVISIONS OF THE TRUST CREATED FOR A BENEVOLENT PURPOSE IN ITEM XX OF THE LAST WILL AND TESTAMENT OF LUCY R. BUECHNER, DECEASED: A SUITABLE NON-SECTARIAN HOME WHERE SELF-SUPPORTING STUDENTS AND WORKING GIRLS AND WOMEN MAY FIND PROPER HOME SURROUNDINGS AT A MODERATE AND REASONABLE COST, AND THE DOING OF ALL THINGS NECESSARY AND INCIDENTAL THERETO. DURING THE YEAR, BUECHNER HALL SERVED 66 RESIDENTS. | Description1Txt |
| Expenses1 | $950,851 | Expenses1Amt |
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 | $22,885,360 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $861,222 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,746,582 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,746,582 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $356,199 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,390,383 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,169,519 | 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 | $922,101 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $28,750 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $950,851 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1986-05-16 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $485,655 | CurrentYearAmt |
| Year1 | $466,146 | Year1Amt |
| Year2 | $387,050 | Year2Amt |
| Year3 | $328,772 | Year3Amt |
| Total | $1,667,623 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $412,807 | CurrentYearAmt |
| Year1 | $396,224 | Year1Amt |
| Year2 | $328,993 | Year2Amt |
| Year3 | $279,456 | Year3Amt |
| Total | $1,417,480 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $950,851 | CurrentYearAmt |
| Year1 | $791,676 | Year1Amt |
| Year2 | $1,072,733 | Year2Amt |
| Year3 | $653,410 | Year3Amt |
| Total | $3,468,670 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $950,851 | CurrentYearAmt |
| Year1 | $791,676 | Year1Amt |
| Year2 | $1,072,733 | Year2Amt |
| Year3 | $653,410 | Year3Amt |
| Total | $3,468,670 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $779,679 | CurrentYearAmt |
| Year1 | $695,958 | Year1Amt |
| Year2 | $706,541 | Year2Amt |
| Year3 | $779,842 | Year3Amt |
| Total | $2,962,020 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $625,801 | CurrentYearAmt |
| Year1 | $601,579 | Year1Amt |
| Year2 | $522,666 | Year2Amt |
| Year3 | $475,249 | Year3Amt |
| Total | $2,225,295 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BUECHNER HALL REVENUE | Desc |
| Related Or Exempt Function Incm | $292,535 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $625,801 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,023,715 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,649,516 | ExclusionAmt |
| Related Or Exempt Function Incm | $292,535 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,942,051 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | THE LUCY R. BUECHNER CORPORATION IS FORMED FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING IN YOUNGSTOWN, OHIO, UNDER THE TERMS AND PROVISIONS OF THE TRUST CREATED FOR A BENEVOLENT PURPOSE IN ITEM XX OF THE LAST WILL AND TESTAMENT OF LUCY R. BUECHNER, DECEASED: A SUITABLE NON-SECTARIAN HOME WHERE SELF-SUPPORTING STUDENTS AND WORKING GIRLS AND WOMEN MAY FIND PROPER HOME SURROUNDINGS AT A MODERATE AND REASONABLE COST, AND THE DOING OF ALL THINGS NECESSARY AND INCIDENTAL THERETO. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $14,082 | Amt |
| Net Investment Income | $14,082 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $14,082 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATION OBLIGATIONS - DETAIL AVAILABLE UPON REQUEST | BondNm |
| EOY Book Value | $4,158,985 | EOYBookValueAmt |
| EOYFMV | $4,158,985 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES - DETAIL AVAILABLE UPON REQUEST | StockNm |
| EOY Book Value | $14,658,633 | EOYBookValueAmt |
| EOYFMV | $14,658,633 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,544,276 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,544,276 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT INTEREST RECEIVABLE | Desc |
| BOY Book Value | $73,450 | BOYBookValueAmt |
| EOY Book Value | $68,846 | EOYBookValueAmt |
| EOYFMV | $68,846 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| UTILITIES | $44,669 | $0 | $0 | $44,669 |
| RENTALS | $2,843 | $0 | $0 | $2,843 |
| CLEANING | $415 | $0 | $0 | $415 |
| REPAIRS AND MAINTENANCE | $54,615 | $0 | $0 | $54,615 |
| SECURITY | $66,310 | $0 | $0 | $66,310 |
| FOOD | $90,446 | $0 | $0 | $90,446 |
| POSTAGE | $505 | $0 | $0 | $505 |
| INSURANCE | $27,499 | $0 | $0 | $27,499 |
| MISCELLANEOUS | $9,754 | $0 | $0 | $9,754 |
| SUPPLIES | $34,990 | $0 | $0 | $34,990 |
| ENTERTAINMENT | $10,264 | $0 | $0 | $1,026 |
| HALL EXPENSES TO EXTENT OF INCOME | $0 | $292,535 | $292,535 | -$292,535 |
| PAYROLL TAXES | $59,212 | $0 | $0 | $59,212 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BUECHNER HALL REVENUE | Desc |
| Revenue And Expenses Per Books | $292,535 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $292,535 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $292,535 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $1,224,695 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED WAGES AND VACATIONS | Desc |
| BOY Book Value | $15,939 | BOYBookValueAmt |
| EOY Book Value | $19,685 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $72,119 | $72,119 | $72,119 | $0 |
| APPRAISAL FEES | $2,000 | $2,000 | $2,000 | $0 |