JOE D PENTECOST FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- JOE D PENTECOST FOUNDATION (EIN 35-2178154)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-26
- IRS object ID
- 202201469349100510
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-26T11:35:33-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 310800053 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARK SCHAEFER HACKETT & CO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3505 COOLIDGE RD | AddressLine1Txt |
| City | EAST LANSING | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48823 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352178154 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOE D PENTECOST FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOED | BusinessNameControlTxt |
| Phone | 5173365000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1651 WEST LAKE LANSING ROAD 300 | AddressLine1Txt |
| City | EAST LANSING | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48823 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RITA F STOSKOPF | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 5173365000 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RITA | PersonFirstNm |
| Person Last | STOSKOPF | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL J WARMELS CPAABV | PreparerPersonNm |
| PTIN | P00342215 | PTIN |
| Phone | 5173515508 | PhoneNum |
| Preparation | 2022-05-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,988,733 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,038 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,038 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $406,539 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $406,539 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $167,425 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $167,425 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $62,904 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $2,356,528 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,598,828 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,356,528 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $127 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $127 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,934,657 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,934,657 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $147,247 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $3,255 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $143,992 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,144 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,538 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,224 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,084 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,141 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $147,981 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $147,981 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $58,492 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $42,415 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $8,997 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $25,217 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $25,217 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $5,211 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,211 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $57,357 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $39,945 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $17,412 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $450,873 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $266,646 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $176,542 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $941,327 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $941,327 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,392,200 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $266,646 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,117,869 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,542,457 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,668,011 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $207,885 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $156,511 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $156,511 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $11,000 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $17,750,182 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,380,230 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,161,182 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $1,093,104 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $422,214 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $696,107 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $670,890 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $670,890 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $150 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $150 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $150 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,063 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,063 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $18,665,324 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,207,781 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,988,733 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,103 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $5,103 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $5,103 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,103 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $18,660,221 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,202,678 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,660,221 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,202,678 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,665,324 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,207,781 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,660,221 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,542,457 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,202,678 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,202,678 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| MERRILL 676-02579 COVERED | 2021-12-31 | $1,135,472 | $979,662 | $155,810 | $155,810 | |
| MERRILL 676-02579 COVERED | 2021-12-31 | $1,725,816 | $1,269,815 | $456,001 | $456,001 | |
| MERRILL 676-02585 COVERED | 2021-12-31 | $68,902 | $61,253 | $7,649 | $7,649 | |
| MERRILL 676-02585 COVERED | 2021-12-31 | $573,844 | $375,724 | $198,120 | $198,120 | |
| MERRILL 676-02588 COVERED | 2021-12-31 | $41,001 | $18,898 | $22,103 | $22,103 | |
| MERRILL 676-02588 COVERED | 2021-12-31 | $114,536 | $51,338 | $63,198 | $63,198 | |
| MERRILL 676-02592 COVERED | 2021-12-31 | $475,774 | $498,751 | -$22,977 | -$22,977 | |
| MERRILL 676-02592 NON COVERED | 2021-12-31 | $58 | $58 | $0 | $0 | |
| MERRILL 676-02596 COVERED | 2021-12-31 | $1,409,919 | $1,319,847 | $90,072 | $90,072 | |
| MERRILL 676-02596 COVERED | 2021-12-31 | $1,560,688 | $611,794 | $948,894 | $948,894 | |
| MERRILL 676-02599 COVERED | 2021-12-31 | $198,105 | $202,362 | -$4,257 | -$4,257 | |
| MERRILL 676-02599 NON COVERED | 2021-12-31 | $9,223 | $9,223 | $0 | $0 | |
| MERRILL 676-02599 COVERED | 2021-12-31 | $572,758 | $419,946 | $152,812 | $152,812 | |
| MERRILL 676-02601 COVERED | 2021-12-31 | $2,965 | $2,797 | $168 | $168 | |
| MERRILL 676-02601 COVERED | 2021-12-31 | $72,643 | $72,374 | $269 | $269 | |
| MERRILL 676-02601 NON COVERED | 2021-12-31 | $1,375 | $1,231 | $144 | $144 | |
| MERRILL 676-02592 COVERED | 2021-12-31 | $1,421,673 | $1,148,274 | $273,399 | $273,399 | |
| MERRILL 676-02604 COVERED | 2021-12-31 | $22,238 | $22,285 | -$47 | -$47 | |
| MERRILL 676-02604 COVERED | 2021-12-31 | $183,646 | $176,668 | $6,978 | $6,978 | |
| CAPITAL GAINS DIVIDENDS | $8,192 | $8,192 | $8,192 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,356,528 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $37,085 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $37,085 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $37,085 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,275 | 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 | $1,275 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $283 | EsPenaltyAmt |
| Tax Due | $36,093 | 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 | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | 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 | JDPFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | RITA F STOSKOPF | IndividualWithBooksNm |
| Phone | 5173365000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1651 WEST LAKE LANSING ROAD SUITE | AddressLine1Txt |
| Address Line2 | 300 | AddressLine2Txt |
| City | EAST LANSING | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48823 | 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 | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| ROBERT J PHIPPS | |||||||||
| 1651 WEST LAKE LANSING ROAD SUITE | 300 | EAST LANSING | MI | 48823 | DIRECTOR | 2.00 | $6,500 | $0 | $0 |
| CARRIE IHRIG FREEMAN | |||||||||
| 1651 WEST LAKE LANSING ROAD SUITE | 300 | EAST LANSING | MI | 48823 | DIRECTOR | 2.00 | $6,000 | $0 | $0 |
| RITA F STOSKOPF | |||||||||
| 1651 WEST LAKE LANSING ROAD SUITE | 300 | EAST LANSING | MI | 48823 | DIRECTOR | 30.00 | $121,247 | $0 | $0 |
| VIC LOOMIS | |||||||||
| 1651 WEST LAKE LANSING ROAD SUITE | 300 | EAST LANSING | MI | 48823 | DIRECTOR | 2.00 | $6,000 | $0 | $0 |
| GARY HURAND | |||||||||
| 1651 WEST LAKE LANSING ROAD SUITE | 300 | EAST LANSING | MI | 48823 | DIRECTOR | 2.00 | $6,000 | $0 | $0 |
| G TOBIN HEATON | |||||||||
| 1651 WEST LAKE LANSING ROAD SUITE | 300 | EAST LANSING | MI | 48823 | DIRECTOR | 2.00 | $1,500 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $26,488,424 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $182,198 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $671,024 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,341,646 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,341,646 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $410,125 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,931,521 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,346,576 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,346,576 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $37,085 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $37,085 | TotalTaxAmt |
| Distributable Before Adj | $1,309,491 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,309,491 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,309,491 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,117,869 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,117,869 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,309,491 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,042,952 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,117,869 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,042,952 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $74,917 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,234,574 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (42 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AITCH FOUNDATION | ||||||||
| 300 SOUTH WASHINGTON STE 100 | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $45,000 | |
| ALLEN NEIGHBORHOOD CENTER | ||||||||
| 1619 E KALAMAZOO ST | LANSING | MI | 48912 | NONE | NONPROFIT | GRANT | $9,500 | |
| ANNIES BIG NATURE LESSON | ||||||||
| 1013 S US27 SUITE A | ST JOHNS | MI | 48879 | NONE | NONPROFIT | GRANT | $10,000 | |
| ASPIRE PREGNANCY SERVICES OF GREATER LANSING | ||||||||
| 1045 E GRAND RIVER AVE | EAST LANSING | MI | 48823 | NONE | NONPROFIT | GRANT | $4,000 | |
| BIG BROTHERS BIG SISTERS | ||||||||
| 330 MARSHALL STREET SUITE 103 | LANSING | MI | 48912 | NONE | NONPROFIT | GRANT | $15,000 | |
| BOY SCOUTS OF AMERICA | ||||||||
| 137 S MARKETPLACE BLVD | LANSING | MI | 48917 | NONE | NONPROFIT | GRANT | $5,000 | |
| BOYS & GIRLS CLUB OF LANSING | ||||||||
| 4315 PLEASANT GROVE RD | LANSING | MI | 48910 | NONE | NONPROFIT | GRANT | $20,000 | |
| BUILDING 21 TEEN CENTER | ||||||||
| 1288 NORTH CEDAR | MASON | MI | 48854 | NONE | NONPROFIT | GRANT | $7,850 | |
| CAPITAL AREA COLLEGE ACCESS NETWORK | ||||||||
| 330 MARSHALL STREET ARMORY SUITE | LANSING | MI | 48912 | NONE | NONPROFIT | GRANT | $10,000 | 203 |
| CAPITAL AREA FRATERNAL ORDER OF POLICE | ||||||||
| 3474 ALAIEDON PKWY 500 | OKEMOS | MI | 48864 | NONE | NONPROFIT | GRANT | $1,000 | |
| CASA - THE VOICE FOR CLINTON COUNTY'S CHILDREN | ||||||||
| 107 N CLINTON AVE SUITE A | ST JOHNS | MI | 48879 | NONE | NONPROFIT | GRANT | $5,000 | |
| CHILD AND FAMILY CHARITIES | ||||||||
| 4287 FIVE OAKS DRIVE | LANSING | MI | 48911 | NONE | NONPROFIT | GRANT | $10,000 | |
| COMMUNITIES IN SCHOOLS | ||||||||
| 741 NORTH CEDAR STREET | LANSING | MI | 48906 | NONE | NONPROFIT | GRANT | $10,000 | |
| CRISTO REY COMMUNITY CENTER | ||||||||
| 1717 N HIGH ST | LANSING | MI | 48906 | NONE | NONPROFIT | GRANT | $20,000 | |
| DAVIES PROJECT | ||||||||
| 528 N MARTIN LUTHER KING JR BLVD | LANSING | MI | 48915 | NONE | NONPROFIT | GRANT | $25,000 | |
| ELE'S PLACE | ||||||||
| 1145 WEST OAKLAND AVE | LANSING | MI | 48915 | NONE | NONPROFIT | GRANT | $10,000 | |
| EMPOWHER | ||||||||
| 534 BIRCH ROAD | EAST LANSING | MI | 48824 | NONE | NONPROFIT | GRANT | $10,000 | |
| GIRL SCOUTS OF MICHIGAN | ||||||||
| 1223 TURNER ST | LANSING | MI | 48906 | NONE | NONPROFIT | GRANT | $10,000 | |
| GREATER LANSING FOOD BANK | ||||||||
| PO BOX 16224 | LANSING | MI | 48901 | NONE | NONPROFIT | GRANT | $10,000 | |
| HELP A WILLING KID FOUNDATION | ||||||||
| PO BOX 13 | EAST LANSING | MI | 48826 | NONE | NONPROFIT | GRANT | $3,350 | |
| HOUSE OF PROMISE | ||||||||
| PO BOX 27032 | LANSING | MI | 48909 | NONE | NONPROFIT | GRANT | $42,000 | |
| IMPRESSION 5 SCIENCE CENTER | ||||||||
| 200 MUSEUM DRIVE | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $15,000 | |
| INGHAM COUNTY SOBRIETY COURT FOUNDATION | ||||||||
| 313 S WASHINGTON SQ | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $20,000 | |
| JOE'S KIDS | ||||||||
| 3540 COMMERCE DRIVE | WARSAW | IN | 46580 | NONE | NONPROFIT | GRANT | $8,500 | |
| JUNIOR ACHIEVEMENT | ||||||||
| 600 W ST JOSEPH ST | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $12,500 | |
| LANSING ART GALLERY | ||||||||
| 119 N WASHINGTON SQUARE | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $5,000 | |
| LANSING PROMISE | ||||||||
| PO BOX 12177 | LANSING | MI | 48901 | NONE | NONPROFIT | GRANT | $50,000 | |
| LANSING SYMPHONY ORCHESTRA | ||||||||
| 104 S WASHINGTON SQUARE SUITE 300 | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $5,000 | |
| LIONS OF MICHIGAN | ||||||||
| 5730 EXECUTIVE DRIVE | LANSING | MI | 48911 | NONE | NONPROFIT | GRANT | $7,000 | |
| MAKE A WISH FOUNDATION | ||||||||
| 2300 GENOA BUSINESS PARK DR | BRIGHTON | MI | 48114 | NONE | NONPROFIT | GRANT | $14,000 | |
| MICHIGAN DYSLEXIA INSTITUTE | ||||||||
| 532 E SHIAWASSEE STREET | LANSING | MI | 48912 | NONE | NONPROFIT | GRANT | $2,500 | |
| MICHIGAN STATE UNIVERSITY | ||||||||
| 4700 S HAGADORN RD | EAST LANSING | MI | 48823 | NONE | PUBLIC UNIVERSITY | ENDOWED SCHOLARSHIP, BUILDING RENOVATIONS | $250,000 | |
| MID-MICHIGAN RECOVERY SERVICES | ||||||||
| 913 W HOLMES ROAD SUITE 200 | LANSING | MI | 48910 | NONE | NONPROFIT | GRANT | $26,813 | |
| MIKEY 23 FOUNDATION | ||||||||
| 3108 REO RD | LANSING | MI | 48911 | NONE | NONPROFIT | GRANT | $5,314 | |
| RJ SCHEFFEL MEMORIAL TOY PROJECT | ||||||||
| PO BOX 23181 | LANSING | MI | 48909 | NONE | NONPROFIT | GRANT | $5,000 | |
| SALVATION ARMY | ||||||||
| 615 SLATERS LANE | ALEXANDRIA | VA | 22313 | NONE | NONPROFIT | GRANT | $10,000 | |
| SIERRA ROSE FARMS | ||||||||
| 5953 W CUTLER RD | DEWITT | MI | 48820 | NONE | NONPROFIT | GRANT | $10,000 | |
| ST VINCENT CATHOLIC CHARITIES | ||||||||
| 2800 W WILLOW ST | LANSING | MI | 48917 | NONE | NONPROFIT | GRANT | $5,000 | |
| TODD MARTIN DEVELOPMENT FUND | ||||||||
| 200 N FOSTER | LANSING | MI | 48912 | NONE | NONPROFIT | GRANT | $2,000 | |
| WAI-IAM RISE HOUSE | ||||||||
| 217 N SYCAMORE STREET | LANSING | MI | 48933 | NONE | NONPROFIT | GRANT | $150,000 | |
| WAVERLY ROBOTICS | ||||||||
| 160 SNOW ROAD | LANSING | MI | 48917 | NONE | PUBLIC SCHOOL | GRANT | $5,000 | |
| WOLDUMAR NATURE CENTER | ||||||||
| 5739 OLD LANSING RD | LANSING | MI | 48917 | NONE | NONPROFIT | GRANT | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $941,327 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,038 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $406,539 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $62,904 | UnrelatedBusinessTaxblIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $127 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,356,528 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $62,904 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,767,232 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,830,136 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | TO AWARD GRANTS TO QUALIFIED NON PROFIT ORGANIZATIONS TO SUPPORT AND |
| 8 | ENRICH THE EDUCATION, SOCIAL AND ECONOMIC LIFE OF THE GREATER LANSING |
| 8 | MICHIGAN AREA. |
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 | $7,224 | Amt |
| Net Investment Income | $1,084 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,141 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| FURNITURE | 2005-07-01 | $2,491 | $2,491 | SL | 5.000000000000 | $0 | $0 |
| 1651 LAKE LANSING, E. LANS - BUILDING | 2005-03-23 | $945,000 | $381,638 | SL | 39.000000000000 | $24,231 | $24,231 |
| 1651 LAKE LANSING, E. LANS - LAND | 2005-03-23 | $105,000 | L | $0 | $0 | ||
| 1651 LAKE LANSING, E. LANS - NEW ROOF | 2010-04-25 | $38,245 | $10,505 | SL | 39.000000000000 | $981 | $981 |
| 1651 LAKE LANSING, E. LANS - KITCHEN REMODEL | 2010-04-25 | $4,424 | $2,212 | SL | 7.000000000000 | $0 | $0 |
| 1651 LAKE LANSING, E. LANS - IMPROVEMENTS | 2014-07-01 | $145 | $145 | SL | 7.000000000000 | $0 | $0 |
| 1651 LAKE LANSING, E. LANS - IMPROVEMENTS | 2015-07-01 | $290 | $140 | SL | 7.000000000000 | $5 | $5 |
| OFFICE EQUIPMENT | 2020-10-01 | $4,572 | 200DB | 5.000000000000 | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $19,380,230 | EOYBookValueAmt |
| EOYFMV | $28,161,182 | EOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 1651 LAKE LANSING, E. LANS - BUILDING | $945,000 | $405,869 | $539,131 |
| 1651 LAKE LANSING, E. LANS - LAND | $105,000 | $0 | $105,000 |
| 1651 LAKE LANSING, E. LANS - NEW ROOF | $38,245 | $11,486 | $26,759 |
| 1651 LAKE LANSING, E. LANS - KITCHEN REMODEL | $4,424 | $4,424 | $0 |
| 1651 LAKE LANSING, E. LANS - IMPROVEMENTS | $145 | $145 | $0 |
| 1651 LAKE LANSING, E. LANS - IMPROVEMENTS | $290 | $290 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | TRENDWELL ENERGY CORPORATION | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $150 | BookValueAmt |
| EOYFMV | $150 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | CategoryCategoryTxt |
|---|---|---|---|
| $713 | $107 | $0 | |
| $1,431 | $1,431 | $0 | LEGAL & ACCOUNTING |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $2,134 | $320 | $1,814 |
| OFFICE | $5,688 | $853 | $4,835 |
| POSTAGE | $809 | $121 | $688 |
| PROMOTIONAL | -$435 | -$65 | -$370 |
| UTILITIES | $7,627 | $1,144 | $6,483 |
| MEMBERSHIP AND DUES | $4,661 | $699 | $3,962 |
| OTHER OPERATING EXPENSES | $36,873 | $36,873 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LAMBDA ENERGY | Desc |
| Revenue And Expenses Per Books | $127 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $127 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $127 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $147,981 | Amt |
| Net Investment Income | $147,981 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $8,997 | $0 | $8,997 |
| FOREIGN TAXES | $6,626 | $6,626 | $0 |
| FEDERAL TAX PAYMENTS | $7,080 | $0 | $0 |
| REAL ESTATE TAXES | $35,789 | $35,789 | $0 |