FOUNDATIONS OF EAST CHICAGO INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATIONS OF EAST CHICAGO INC (EIN 20-8445003)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-06-23
- IRS object ID
- 202101749349100100
- Schema version
- 2020v4.1
- Note
- A later return for the same period supersedes this one.
- 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
- 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 Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-23T04:53:05-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA Whittaker & Associates | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E 5th Avenue Suite A | AddressLine1Txt |
| City | Gary | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208445003 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATIONS OF EAST CHICAGO INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 2193924225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 463123308 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROSA PENA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2193924225 | PhoneNum |
| Signature | 2021-05-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROSA | PersonFirstNm |
| Person Last | PENA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CURTIS A WHITTAKER CPA | PreparerPersonNm |
| PTIN | P00629216 | PTIN |
| Phone | 2198800850 | PhoneNum |
| Preparation | 2021-05-17 | 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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $33,183,385 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,865,216 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $21 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $653,165 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $653,165 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,424,200 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,084,802 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $500,000 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $594,202 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $653,165 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $204,956 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $20,496 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $308,429 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $18,505 | OthEmplSlrsWgsNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $118,332 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $7,100 | PensionEmplBnftNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $177,015 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $47,768 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $72,410 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,345 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $43,544 | OtherProfFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $1,971 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $38,247 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,192 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $15,712 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,571 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $65,472 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,547 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $1,382 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $289,312 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $186,647 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,336,782 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $305,171 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,256,038 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,906,003 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,592,820 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $305,171 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,906,003 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,998,618 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $347,994 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,303,628 | CashBOYAmt |
| Cash EOY | $2,224,098 | CashEOYAmt |
| Cash EOYFMV | $2,224,098 | CashEOYFMVAmt |
| Acct Rcvbl | $785,375 | AcctRcvblAmt |
| Acct Rcvbl BOY | $349,793 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $785,375 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $785,375 | AcctRcvblEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Prepaid Expenses BOY | $38,888 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $25,727 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $25,727 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $18,269,970 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,197,751 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,197,751 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,209,586 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $11,936,029 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $11,936,029 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land Bldg Equip Cost Or Other Bss | $157,474 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $143,069 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $27,438 | LandBOYAmt |
| Land EOY | $14,405 | LandEOYAmt |
| Land EOYFMV | $14,405 | LandEOYFMVAmt |
| Other Assets BOY | $5,154,152 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $34,353,455 | TotalAssetsBOYAmt |
| Total Assets EOY | $33,183,385 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,183,385 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $67,625 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $101,499 | AccountsPayableEOYAmt |
| Grants Payable BOY | $217,215 | GrantsPayableBOYAmt |
| Grants Payable EOY | $567,250 | GrantsPayableEOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $501,747 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,634 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $786,587 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $670,383 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $33,566,868 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $32,513,002 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $33,566,868 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $32,513,002 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $34,353,455 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $33,183,385 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $33,566,868 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,998,618 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,944,752 | OtherIncreasesAmt |
| Subtotal | $32,513,002 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $32,513,002 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Various investment securities and bonds | P | 2018-01-01 | 2020-12-31 | $7,254,353 | $0 | $7,354,849 | -$100,496 | $0 | $0 | $0 | -$100,496 |
| NH and NCT Properties | P | 2006-01-01 | 2020-07-24 | $1,830,444 | $0 | $5,154,153 | -$3,323,709 | $0 | $0 | $0 | -$3,323,709 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$3,424,205 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,837 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,837 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,837 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,703 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,703 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$10,703 | OriginalReturnOverpaymentAmt |
| Overpayment | $5,866 | OverpaymentAmt |
| Applied To ES Tax | $5,866 | 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 | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.foundationsec.org | WebsiteAddressTxt |
| Individual With Books | ROSA PENA | IndividualWithBooksNm |
| Phone | 2193924225 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH VERDUZCO | ||||||||
| 2310 PURDUE DRIVE | EAST CHICAGO | IN | 46312 | VICE PRESIDENT | 1.85 | $14,400 | $0 | $0 |
| NADYNE KOKOT | ||||||||
| 4018 Deodar Street | EAST CHIAGO | IN | 46312 | MEMBER | 2.53 | $14,400 | $0 | $0 |
| SYLVIA MORRISROE | ||||||||
| 4345 E Guadalupe Circle | EAST CHICAGO | IN | 46312 | SECRETARY | 2.53 | $14,400 | $0 | $0 |
| GEORGE WEEMS | ||||||||
| 4311 Franklin Street | EAST CHICAGO | IN | 46312 | PRESIDENT | 12.61 | $30,000 | $0 | $0 |
| Thomas Johnson | ||||||||
| 1213 E Columbus Drive | East Chicago | IN | 46312 | TREASURER | 2.28 | $4,800 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ROSA PENA | ||||||||
| 5006 TODD AVENUE | EAST CHICAGO | IN | 46312 | EXEC DIRECTOR | 45.00 | $104,156 | $9,134 | $1,200 |
| ALEXIS JIMINEZ | ||||||||
| 1805 SHERIDAN AVENUE | WHITING | IN | 46394 | ADMINISTRATIVE ASSIS | 40.00 | $67,598 | $3,356 | $0 |
| JANET WOZNIAK | ||||||||
| 890 Jordan Circle | SCHERERVILLE | IN | 46375 | PROGRAM MANAGER | 40.00 | $67,694 | $5,971 | $0 |
| TEREKA BOONE | ||||||||
| 2645 CARDINAL DRIVE | EAST CHICAGO | IN | 46312 | EDUCATION PROGRAM DI | 40.00 | $52,488 | $3,025 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARNES & THORNBURG LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 SOUTH MERIDIAN STREET | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL | ServiceTypeTxt |
| Compensation | $143,611 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,116,932 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $766,808 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,883,740 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,883,740 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $58,256 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,825,484 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $191,274 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $191,274 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,837 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,837 | TotalTaxAmt |
| Distributable Before Adj | $186,437 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $186,437 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $186,437 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,906,003 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,906,003 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,906,003 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $186,437 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $2,584,160 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,083,711 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,922,251 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,044,013 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,829,045 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $11,463,180 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,906,003 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $186,437 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,719,566 | RemainingDistriFromCorpusAmt |
| Total Corpus | $14,182,746 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,584,160 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,598,586 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,083,711 | ExcessFromYear4Amt |
| Excess From Year3 | $1,922,251 | ExcessFromYear3Amt |
| Excess From Year2 | $2,044,013 | ExcessFromYear2Amt |
| Excess From Year1 | $2,829,045 | ExcessFromYear1Amt |
| Excess From Current Year | $2,719,566 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ROSA PENA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2193924225 | RecipientPhoneNum |
| Form And Info And Materials | REQUESTS FOR GRANTS AND/OR DONATIONS ARE MADE TO THE BOARD OF DIRECTORS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | DEADLINES VARY | SubmissionDeadlinesTxt |
| Restrictions On Awards | QUALIFIED APPLICANT MUST BE CLASSIFIED AS A LEGITIMATE 501(C)3 EXEMPT ORGANIZATION | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $2,688,788 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,688,788 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $567,250 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $567,250 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $653,165 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$3,424,200 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Forgiveness of Debt | Desc |
| Exclusion | 1 | ExclusionCd |
| Exclusion | $500,000 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$2,271,014 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$2,271,014 | 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 | n/a | LineNumberTxt |
| Relationship Statement | n/a | RelationshipStatementTxt |
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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail (2 entries)
| Organization TypeOrganizationTypeDesc | Relationship DescriptionRelationshipDescriptionTxt |
|---|---|
| North Harbor Property Inc (NHPI) | |
| 501 (c) 2 | Wholly owned subsidiary |
| FEC Holdings Inc | |
| 501 (c) 2 | Wholly owned subsidiary |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| First Merchant's Corp | ||||||
| 1 | 200 East Jackson Street | Muncie | IN | 47305 | $10,000 | Yes (X) |
| Ameristar | ||||||
| 2 | 777 AMERISTAR BLVD | East Chicago | IN | 46312 | $2,741,766 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| SEEHAUSEN ACCOUNTING | $39,410 |
| WHITTAKER & COMPANY AUDITING | $33,000 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | SoldSoldDt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|
| (no name) | ||||||
| various investment securities and bonds | Purchased | $7,254,353 | $7,354,849 | -$100,496 | ||
| Various | ||||||
| COMPUTER EQUIPMENT | Purchased | $5 | $1,402 | $5 | 2020-12 | $1,402 |
| Managed East Chicago Housing Authority Inc | ||||||
| Disposal of subsidiaries | Purchased | $1,830,444 | $5,154,153 | -$3,323,709 | 2020-07 | |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds and Debt | BondNm |
| EOY Book Value | $11,936,029 | EOYBookValueAmt |
| EOYFMV | $11,936,029 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Mutual Funds | $943,101 | $943,101 |
| Domestic and Foreign Stocks | $17,254,650 | $17,254,650 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER EQUIPMENT | $37,330 | $25,258 | $12,072 |
| FURNITURE & FIXTURES | $63,002 | $62,025 | $977 |
| LEASEHOLD IMPROVEMENTS | $42,823 | $42,823 | $0 |
| OFFICE EQUIPMENT | $14,319 | $12,963 | $1,356 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BARNES & THORNBURG LEGAL | CategoryTxt |
| Legal Fees | $177,015 | LegalFeesAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (8 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH HARBOR RECEIVABLE | $350,000 | $0 | $0 |
| NOTES RECEIVABLE-NCT | $300,000 | $0 | $0 |
| ACCOUNTS RECEIVABLE-NORTH HARBOR | $898,062 | $0 | $0 |
| ACCRUED INVESTMENT-RELATED | $1,531,000 | $0 | $0 |
| LOAN RECEIVABLE-NHPI | $1,500,000 | $0 | $0 |
| DUE FROM NORTH HARBOR | $500,000 | $0 | $0 |
| INVESTMENT IN NEW CARDINAL TERRACE | $35,090 | $0 | $0 |
| FEES DUE FROM NORTH HARBOR | $40,000 | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER MISCELLANEOUS | $19,789 | |
| INVESTMENT EXPENSES | $186,647 | $186,647 |
| COMMUNICATIONS EXPENSE | $5,648 | |
| MAINTENANCE | $3,833 | |
| INSURANCE | $19,576 | |
| PROMOTIONS & MARKETING | $40,093 | |
| SUPPLIES | $10,467 | |
| POSTAGE & DELIVERY | $3,259 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Forgiveness of debt | Desc |
| Revenue And Expenses Per Books | $500,000 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized gains on investments | Desc |
| Amt | $2,944,752 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES-AFLAC,SIT | $1,747 | $1,634 |
| NOTE PAYABLE-FEDERAL HOME LOAN BANK | $500,000 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| SDMG LLC WEBSITE CONSULTANT | $4,288 |
| BLACKBAUD Gifts maintenance | $25,331 |
| SHIRLEY ROBERTS cleaning service | $3,105 |
| MORGAN BIRGE COMPUTER CONSULTANTS | $10,820 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PAYROLL TAXES | $28,950 | $2,895 |
| EXCISE TAXES | $9,297 | $9,297 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| North Harbor LP | ||||||
| 3419 Indiana Harbor Drive | East Chicago | IN | 46312 | 352156991 | n/a | $0 |
| FEC Holdings Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462487908 | n/a | $0 |
| North Harbor Property Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 300047909 | n/a | $0 |
| North Harbor Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 352156992 | n/a | $0 |
| New Cardinal Terrace | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462460664 | n/a | $0 |
| FEC Management Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462460664 | n/a | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |