BADGER CREEK CORPORATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- BADGER CREEK CORPORATION (EIN 20-1210921)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202213189349100146
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Sales Of Inventory List
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T09:44:39-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 431914739 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOWERS & FELDMAN CPA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4747 W 135TH ST STE 200 | AddressLine1Txt |
| City | LEAWOOD | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201210921 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BADGER CREEK CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BADG | BusinessNameControlTxt |
| Phone | 9135995010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194 STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NELSON D SHIRLEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9135995010 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NELSON | PersonFirstNm |
| Person Last | SHIRLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LEO FELDMAN | PreparerPersonNm |
| PTIN | P00445594 | PTIN |
| Phone | 9132392390 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $31,706,264 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $700,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $236,688 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $236,688 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $236,688 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $105,978 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $105,978 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $105,978 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $319,042 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,679,815 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $97,355 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $1,463 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $3,058,211 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $3,058,211 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $3,058,211 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $748,067 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $748,067 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $5,167,986 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $440,021 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $4,150,407 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $398,500 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $398,500 | OthEmplSlrsWgsAdjNetIncmAmt |
| Pension Empl Bnft Rev And Expnss | $31,650 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $31,650 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $19,970 | LegalFeesRevAndExpnssAmt |
| Legal Fees Adj Net Incm | $19,970 | LegalFeesAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $28,803 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $28,803 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $121 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $121 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $231 | InterestRevAndExpnssAmt |
| Interest Adj Net Incm | $231 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $30,090 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,854 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $22,236 | TaxesAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $737,619 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $737,619 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $3,658,422 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $239 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $2,911,277 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $746,906 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,905,406 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,093 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,150,407 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $746,906 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,916,406 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,093 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,150,407 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $757,906 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $251,580 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $431,928 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $171,258 | CashBOYAmt |
| Cash EOY | $25,812 | CashEOYAmt |
| Cash EOYFMV | $25,812 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,413,390 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,031,604 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,031,604 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $31,668 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $9,465 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $9,465 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,821,990 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,528,660 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,870,742 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,410,036 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,280,943 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,236,607 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,327,034 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,258,950 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $13,895,119 | LandBOYAmt |
| Land EOY | $14,068,084 | LandEOYAmt |
| Land EOYFMV | $18,327,034 | LandEOYFMVAmt |
| Other Assets EOY | $1,205,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,205,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $26,743,461 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,149,568 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,706,264 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $863,459 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $22,779 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $4,793 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $868,252 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,779 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $25,875,209 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $26,126,789 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,875,209 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,126,789 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $26,743,461 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,149,568 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,875,209 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $251,580 | ExcessRevenueOverExpensesAmt |
| Subtotal | $26,126,789 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $26,126,789 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 305.4431 SH ISHARES CORE HIGH DIV | P | 2021-04-01 | 2021-12-30 | $30,834 | $29,371 | $1,463 | $1,463 |
| 500 SH APPLE INC | P | 2012-10-09 | 2021-12-30 | $89,852 | $10,253 | $79,599 | $79,599 |
| 250000 SH BERKS CNTY PA NOTE | P | 2012-11-16 | 2021-11-15 | $250,000 | $251,873 | -$1,873 | -$1,873 |
| 1650 SH GLAXOSMITHKLINE PLC | P | 2012-12-03 | 2021-12-30 | $72,984 | $71,907 | $1,077 | $1,077 |
| 694.5569 SH ISHARES CORE HIGH DIV | P | 2020-04-07 | 2021-12-30 | $70,115 | $54,771 | $15,344 | $15,344 |
| 50000 SH LONG BEACH CA NOTE | P | 2018-04-25 | 2021-08-01 | $50,000 | $52,796 | -$2,796 | -$2,796 |
| 250000 SH ORLEANS PARISH NOTE | P | 2015-01-14 | 2021-02-01 | $250,000 | $271,275 | -$21,275 | -$21,275 |
| 80000 SH ST CLAIR CNTY IL NOTE | P | 2017-04-25 | 2021-12-01 | $80,000 | $87,519 | -$7,519 | -$7,519 |
| 200000 SH ST LOUIS CNTY MO NOTE | P | 2013-06-14 | 2021-12-01 | $200,000 | $201,501 | -$1,501 | -$1,501 |
| 2625 SH UNILEVER PLC | P | 2012-12-03 | 2021-12-30 | $140,861 | $100,409 | $40,452 | $40,452 |
| 150000 SH WAKE CNTY NC NOTE | P | 2018-12-18 | 2021-04-01 | $150,000 | $155,616 | -$5,616 | -$5,616 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $97,355 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,463 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,004 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,004 | SubtotalAmt |
| Tax Based On Investment Income | $6,004 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $9,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,996 | OverpaymentAmt |
| Applied To ES Tax | $2,996 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | KS | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NM | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | NELSON D SHIRLEY | IndividualWithBooksNm |
| Phone | 9135995010 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194TH STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| NELSON D SHIRLEY | ||||||||
| 6500 W 194 STREET | STILWELL | KS | 66085 | PRESIDENT | 30.00 | $0 | $0 | $0 |
| LORI KELLY | ||||||||
| 6500 W 194 STREET | STILWELL | KS | 66085 | SECRETARY | 20.00 | $0 | $0 | $0 |
| BRADLEY SIEBERT | ||||||||
| 19005 WALMER | STILWELL | KS | 66085 | VICE-PRESIDE | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 3 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCDANIEL TRUCKING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6950 CR 10S | AddressLine1Txt |
| City | ALAMOSA | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | TRANSPORTATION | ServiceTypeTxt |
| Compensation | $67,530 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ACQUISITION OF LAND, LAND IMPROVEMENTS, EQUIPMENT & LIVESTOCK PURSUANT TO THE FOUNDATION'S EXEMPT PURPOSE | Description1Txt |
| Expenses1 | $4,838,950 | Expenses1Amt |
| Description2 | PRESERVATION AND PROMOTION OF BIODIVERSITY OF WILDLANDS | Description2Txt |
| Expenses2 | $757,906 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,922,088 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,634,169 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,556,257 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $12,556,257 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $188,344 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,367,913 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $618,396 | 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 | $757,906 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $4,838,950 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $5,596,856 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $5,596,856 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $5,596,856 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,596,856 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $750,847 | Year1Amt |
| Year3 | $762,367 | Year3Amt |
| Total | $1,513,214 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year1 | $638,220 | Year1Amt |
| Year3 | $648,012 | Year3Amt |
| Total | $1,286,232 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,596,856 | CurrentYearAmt |
| Year1 | $8,243,261 | Year1Amt |
| Year2 | $2,762,761 | Year2Amt |
| Year3 | $5,498,289 | Year3Amt |
| Total | $22,101,167 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,596,856 | CurrentYearAmt |
| Year1 | $8,243,261 | Year1Amt |
| Year2 | $2,762,761 | Year2Amt |
| Year3 | $5,498,289 | Year3Amt |
| Total | $22,101,167 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $412,264 | CurrentYearAmt |
| Year1 | $500,565 | Year1Amt |
| Year2 | $520,945 | Year2Amt |
| Year3 | $508,245 | Year3Amt |
| Total | $1,942,019 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| WESTERN LANDOWNERS ALLIANCE | |||||
| PO BOX 6278 | SANTA FE | NM | 87502 | CHARITABLE CONTRIBUTION | $3,000 |
| PROTECT AMERICA NOW | |||||
| VARIOUS | PHOENIX | AZ | 85001 | CHARITABLE CONTRIBUTION | $2,000 |
| APACHE COUNTY YOUTH DEVELOPMENT | |||||
| PO BOX 1721 | EAGAR | AZ | 85925 | CHARITABLE CONTRIBUTION | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $236,688 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $105,978 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $319,042 | RelatedOrExemptFunctionIncmAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $3,058,211 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| CUSTOM GRAZING FEES | $22,480 |
| CRP/LIP/NAP | $143,899 |
| CROP INSURANCE PROCEEDS | $343,291 |
| HUNTING TAGS | $82,000 |
| OTHER INCOME | $49,986 |
| GAIN ON CATTLE FUTURES | $106,411 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $342,666 | ExclusionAmt |
| Related Or Exempt Function Incm | $4,125,320 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,467,986 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | GHOST LAKE CORPORATION | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194TH STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $700,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $28,803 | Amt |
| Adjusted Net Income | $28,803 | AdjustedNetIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $737,619 | CurrentYearExpenseAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (13 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|---|
| 1 BULL | 2013-03 | PURCHASE | 2021-07 | $1,321 | $740 | $1,321 | $740 |
| 10 COWS | 2017-02 | PURCHASE | 2021-12 | $14,738 | $2,981 | $13,815 | $2,058 |
| 1 BULL CALVES | 2013-02 | PURCHASE | 2021-05 | $906 | $1,938 | $906 | $1,938 |
| 13 COWS | 2017-02 | PURCHASE | 2021-03 | $20,118 | $16,575 | $13,212 | $9,669 |
| 42 COWS | 2017-02 | PURCHASE | 2021-05 | $77,323 | $53,550 | $56,286 | $32,513 |
| 9 COWS | 2017-02 | PURCHASE | 2021-06 | $14,576 | $11,475 | $10,205 | $7,104 |
| 1 COW | 2017-02 | PURCHASE | 2021-07 | $571 | $1,275 | $100 | $804 |
| 16 COWS | 2017-02 | PURCHASE | 2021-07 | $24,710 | $20,400 | $17,424 | $13,114 |
| 12 COWS | 2017-02 | PURCHASE | 2021-11 | $22,920 | $53,550 | $5,708 | $36,338 |
| 33 COWS | 2017-02 | PURCHASE | 2021-11 | $58,520 | $12,021 | $54,800 | $8,301 |
| 1 COW | 2017-02 | PURCHASE | 2021-11 | $2,323 | $298 | $2,231 | $206 |
| 18 HEIFERS | 2017-04 | PURCHASE | 2021-12 | $26,528 | $18,000 | $20,528 | $12,000 |
| 17 HEIFERS | 2017-04 | PURCHASE | 2021-12 | $30,615 | $17,000 | $25,151 | $11,536 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (37 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BERKS CNTY PA 2.728% SER A TAX | ||
| BERTIE CNTY NC 4.667% DUE 11/1/35 | $148,643 | $170,538 |
| CENTER POINTER-URBANA IOWA 2.74% | $205,309 | $200,896 |
| CHRISTIAN CNTY KY 5.375% SCH DIST | $317,122 | $300,789 |
| CITRUS CNTY FL 6.378% 4/1/27 | $115,996 | $105,394 |
| CLARK CTY NV 5.51% SCH DIST | $62,522 | $58,594 |
| CLEVELAND OH 5.2% QSCB SCH | $108,717 | $115,910 |
| COLUMBUS OH 2.483% GEN OBL | $189,079 | $203,414 |
| DECATUR MI 6.45% PUB SCH DUE 5 | $245,000 | $200,736 |
| FEDERAL NATIONAL MORTGAGE 1.75% | $38,685 | $38,899 |
| GE CAP BANK 2.95% DUE 9/19/22 | $248,613 | $254,769 |
| GLENDALE WI 3.5% CMMTY DUE 10/1/22 | $160,025 | $163,611 |
| GLOVERSVILLE NY 4.5% SCH DIST | $162,751 | $152,964 |
| GOLDMAN SACHS 2.95% 9/19/22 | ||
| HARLIGEN TX 6.75% SCH DIST | $296,123 | $269,410 |
| HOFFMAN ESTATES IL 4.25% TSBL | $200,025 | $215,450 |
| HUDSON NY 4.35% SCH DIST TAX D | $252,025 | $241,301 |
| JOHNSON COUNTY KS 1.82% PARKS | $125,015 | $121,298 |
| KANSAS CITY MO 2.689% 10/1/24 | $202,863 | $207,732 |
| KINDRED NORTH DAKOTA 6% 8/1/27 | $119,532 | $123,728 |
| LONG BEACH CA U 5.314% IMPT SCH | ||
| MCALLEN TX 4.66% DUE 2/15/26 | $264,252 | $250,670 |
| MCKLNBRG CNTY NC 4.349% DUE 10/1/30 | $104,556 | $100,213 |
| MORGAN STANLEY PR 3.4% 22 CD FDIC | $99,644 | $102,692 |
| NYC NY TRAN AUTH 2.77% DUE 8/1/28 | $146,794 | $156,369 |
| OK ST CAP IIMPT 3.823% DUE 7/1/29 | $102,381 | $110,866 |
| ORLEANS PARISH LA 4.4% SCH CONST | ||
| ROGERS AR SD 030 5.5% 29 GO LTX | $216,661 | $227,624 |
| SALLIE MAE BANK 3.3% 23 CD FDIC | $150,015 | $156,204 |
| ST CLAIR CN IL 5.2% 12/1/28 | ||
| ST LOUIS CNT MO 3% SPL OBL 12/1/21 | ||
| TX ST 2.466% 12/1/24 | $236,574 | $236,652 |
| UNIV OF OKLAHOMA 2.793 REV TAX | $251,965 | $252,483 |
| UNIVERSITY OF NORTH TX 3.2% ED | $177,928 | $176,458 |
| WAKE CNTY NC 5.1% 27 GO UTX | ||
| WARREN WOODS MI 3.25% ENE CONS | $101,700 | $100,426 |
| WHITLEY CNTY KY 5.25% 29 LEAS SCH | $230,428 | $220,517 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE, INC | $47,551 | $443,925 |
| BLUEROCK REAL ESTATE FUND | $500,000 | $500,130 |
| BP PLC | $175,534 | $126,147 |
| CARLYLE TACT CREDIT FUND | $200,000 | $199,985 |
| CHEVRON CORPORATION | $251,727 | $272,304 |
| CONOCO PHILLIPS | $121,975 | $133,227 |
| EXXON MOBIL | $142,577 | $102,340 |
| GLAXOSMITHKLINE PLC ADRF | ||
| INTEL CORP | $40,548 | $103,000 |
| ISHARES HIGH DIVIDEND EQUITY | $577,929 | $763,890 |
| INVESCO S&P 500 | $512,987 | $658,208 |
| JOHNSON & JOHNSON | $30,764 | $76,982 |
| LOCKHEED MARTIN CORP | $27,834 | $106,623 |
| NORFOLK SOUTHERN CORP | $44,608 | $223,282 |
| PALMER SQUARE OPPTY INCOME | $200,000 | $199,985 |
| ROYAL BANK OF CANADA | $98,523 | $175,131 |
| UNILEVER NV | ||
| VANGUARD TOTAL WORLD | $520,814 | $601,993 |
| WASTE MANAGEMENT | $35,289 | $183,590 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BUILDINGS & EQUIPMENT | $7,676,781 | $4,258,950 | $3,417,831 | $7,676,781 |
| LAND | $10,650,253 | $10,650,253 | $10,650,253 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $19,970 | LegalFeesAmt |
| Adjusted Net Income | $19,970 | AdjustedNetIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORTGAGE RECEIVABLE | $1,200,000 | $1,200,000 |
| SECURITY DEPOSIT | $5,000 | $5,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGES | $2,967 | $2,967 | ||
| CONTRACT LABOR | $224,798 | $224,798 | ||
| DUES & SUBSCRIPTIONS | $2,379 | $2,379 | ||
| FUEL | $123,715 | $123,715 | ||
| GRAZING FEES | $27,167 | $27,167 | ||
| INSURANCE | $176,467 | $176,467 | ||
| LIVESTOCK OPERATING EXPENSE | $2,663,971 | $2,353,185 | $310,786 | |
| MANAGEMENT FEES | $144,000 | $144,000 | ||
| OFFICE SUPPLIES | $5,115 | $5,115 | ||
| POSTAGE | $776 | $776 | ||
| REPAIRS & MAINTENANCE | $179,681 | $179,681 | ||
| SUPPLIES | $87,150 | $87,150 | ||
| TRADING FEES | $239 | $239 | ||
| UTILITIES | $19,398 | $19,398 | ||
| LOSS ON CATTLE FUTURES | ||||
| PENALTIES | $599 | $599 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| CUSTOM GRAZING FEES | $22,480 | $22,480 |
| CRP/LIP/NAP | $143,899 | $143,899 |
| CROP INSURANCE PROCEEDS | $343,291 | $343,291 |
| HUNTING TAGS | $82,000 | $82,000 |
| OTHER INCOME | $49,986 | $49,986 |
| GAIN ON CATTLE FUTURES | $106,411 | $106,411 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| BOY Book Value | $4,793 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $121 | Amt |
| Adjusted Net Income | $121 | AdjustedNetIncomeAmt |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LIVESTOCK SALES | CategoryTxt |
| Gross Sales | $3,058,211 | GrossSalesAmt |
| Net | $3,058,211 | NetAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GHOST LAKE CORPORATION | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6500 W 194TH STREET | AddressLine1Txt |
| City | STILWELL | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66085 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PROPERTY TAX | $22,236 | $22,236 | |
| FOREIGN TAX | $1,429 | $1,429 | |
| FEDERAL INCOME TAX | $6,425 | $6,425 |