GERING FAMILY FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GERING FAMILY FOUNDATION INC (EIN 39-1874006)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-13
- IRS object ID
- 202112569349100506
- Schema version
- 2020v4.0
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-13T09:57:09-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 391336018 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GASSNER COMPANY SC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 S 3RD AVE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 544014635 | 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 | 391874006 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERING FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GERI | BusinessNameControlTxt |
| Phone | 7158459231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 SOUTH THIRD AVENUE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD GERING | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 7158459231 | PhoneNum |
| Signature | 2021-08-01 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | GERING | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 888008888 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALEXANDER J GASSNER CPA | PreparerPersonNm |
| PTIN | P01978641 | PTIN |
| Phone | 7158459231 | PhoneNum |
| Preparation | 2021-09-10 | PreparationDt |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,202,649 | 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 | $204,500 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $18,998 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,998 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $18,998 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $244,901 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $992,492 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $23,045 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $23,045 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $491,444 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,998 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $42,043 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $155,986 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $11,910 | PensionEmplBnftRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $770 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $2,614 | AccountingFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $122 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $53,994 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $87,834 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $9,903 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $313,230 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,903 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $38,165 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $38,165 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $351,395 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,903 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $38,165 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $140,049 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,095 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $42,043 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $212,219 | CashBOYAmt |
| Cash EOY | $18,782 | CashEOYAmt |
| Cash EOYFMV | $18,782 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,968,666 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,283,867 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,283,867 | SavAndTempCashInvstEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $988,435 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $97,879 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $654,793 | LandBOYAmt |
| Land EOY | $890,556 | LandEOYAmt |
| Land EOYFMV | $900,000 | LandEOYFMVAmt |
| Total Assets BOY | $2,835,678 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,193,205 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,202,649 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $23,373 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $23,373 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,835,678 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,169,832 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,835,678 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,169,832 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,835,678 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,193,205 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,835,678 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $140,049 | ExcessRevenueOverExpensesAmt |
| Other Increases | $194,105 | OtherIncreasesAmt |
| Subtotal | $3,169,832 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,169,832 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $126 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $126 | SubtotalAmt |
| Tax Based On Investment Income | $126 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $126 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | RICHARD GERING | IndividualWithBooksNm |
| Phone | 7158459231 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 SOUTH THIRD AVENUE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54401 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD GERING | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 117 SOUTH THIRD AVENUE | AddressLine1Txt |
| City | WAUSAU | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | VICE PRESIDE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 000.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
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 | $1,984,847 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $800,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,794,847 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,794,847 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $41,923 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,752,924 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $137,646 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $137,646 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $126 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $126 | TotalTaxAmt |
| Distributable Before Adj | $137,520 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $137,520 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $137,520 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $38,165 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $38,165 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $38,165 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $137,520 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $40,193 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $40,678 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $16,172 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $97,043 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $38,165 | QualifyingDistributionsAmt |
| Applied To Current Year | $38,165 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $97,043 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $97,043 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $2,312 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | RICK GERING | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6870 CR-W | AddressLine1Txt |
| City | WINCHESTER | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54557 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7158459231 | RecipientPhoneNum |
| Recipient Email Address | WINMANTRAILS@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | SEND WRITTEN APPLICATIONS TO ADDRESS AS LISTED | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APRIL 15TH | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS APPROVED BY BOARD. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| LAMBO SPUR BIKE TRAIL | ||||||
| PO BOX 2106 | WOODRUFF | WI | 54568 | NONE | GENERAL SUPPORT | $5,000 |
| HOWARD YOUNG FOUNDATION | ||||||
| 420 ONEIDA ST SUITE 200 | MINOCQUA | WI | 54548 | NONE | GENERAL SUPPORT | $10,000 |
| FESTIVAL OF TREES | ||||||
| 2200 WESTWOOD DRIVE | WAUSAU | WI | 54401 | NONE | GENERAL SUPPORT | $5,000 |
| HOBBY WHEEL | ||||||
| 1435 E CLOVERLAND DR | IRONWOOD | MI | 49938 | NONE | GENERAL SUPPORT | $4,665 |
| ACS RELAY FOR LIFE | ||||||
| PO BOX 22478 | OKLAHOMA CITY | OK | 73123 | NONE | GENERAL SUPPORT | $1,000 |
| SPADA PEDIATRIC SARCOMA FOUNDATION | ||||||
| PO BOX 2124 | BROOKFIELD | WI | 53008 | NONE | GENERAL SUPPORT | $5,000 |
| MANITOWISH WATERS FIREFIGHTERS | ||||||
| HWY 51 N | MANITOWISH WATERS | WI | 54545 | NONE | GENERAL SUPPORT | $500 |
| GOOD SHEPHERD | ||||||
| 930 EDGEWOOD RD | WAUSAU | WI | 54403 | NONE | GENERAL SUPPORT | $5,000 |
| FOUNDATION FOR THE ENDOWMENT | ||||||
| 5700 DARROW RD SUITE 118 | HUDSON | OH | 44236 | NONE | GENERAL SUPPORT | $1,000 |
| MLWA | ||||||
| PO BOX 333 | MANITOWISH WATERS | WI | 54545 | NONE | GENERAL SUPPORT | $500 |
| GROW COMMUNITY GARDEN | ||||||
| PO BOX 333 | MANITOWISH WATERS | WI | 54545 | NONE | GENERAL SUPPORT | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $38,165 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $18,998 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $244,901 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $286,944 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $286,944 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,614 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (16 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| CHALET | 2017-07-01 | $244,133 | $15,389 | S/L | 39.0000 | $6,260 |
| STORAGE BUILDING | 2017-07-01 | $50,245 | $3,167 | S/L | 39.0000 | $1,288 |
| TABLES OFFICE EQUIP & PERSONAL PROPERTY | 2017-07-01 | $11,610 | $6,533 | 200DB | 7.0000 | $1,450 |
| CHALET | 2018-07-01 | $161,567 | $6,042 | S/L | 39.0000 | $4,142 |
| TRAIL EQUIPMENT & TOOLS | 2018-07-01 | $25,815 | $5,532 | S/L | 7.0000 | $3,688 |
| LAND IMPROVMENTS | 2019-07-01 | $173,004 | $4,325 | S/L | 20.0000 | $8,650 |
| CHALET FURNITURE | 2019-07-01 | $8,253 | $1,179 | 200DB | 7.0000 | $2,021 |
| EQUIPMENT | 2019-07-01 | $24,051 | $1,718 | S/L | 7.0000 | $3,436 |
| LAND IMPROVMENTS | 2020-07-01 | $197,450 | 150DB | 15.0000 | $9,873 | |
| CHALET FURNITURE | 2020-07-01 | $4,818 | 200DB | 7.0000 | $688 | |
| LEVELING GROOMER | 2020-07-01 | $5,500 | 200DB | 7.0000 | $786 | |
| CANYCOM | 2020-07-01 | $14,203 | 200DB | 7.0000 | $2,029 | |
| JOHN DEERE 4500 | 2020-07-01 | $25,000 | 200DB | 7.0000 | $3,571 | |
| EXCAVATOR BUCKET THUMB | 2020-07-01 | $2,880 | 200DB | 7.0000 | $411 | |
| GATOR | 2020-01-01 | $31,931 | 200DB | 7.0000 | $4,562 | |
| GROOMER | 2020-07-01 | $7,975 | 200DB | 7.0000 | $1,139 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| FIDELITY | PURCHASE | 2020-12 | $28,496 | $39,343 | -$10,847 |
| FIDELITY | PURCHASE | 2020-12 | $44,803 | $75,373 | -$30,570 |
| BAIRD | PURCHASE | 2020-12 | $204,052 | $180,518 | $23,534 |
| BAIRD | PURCHASE | 2020-12 | $715,141 | $452,357 | $262,784 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $988,435 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $97,879 | AccumulatedDepreciationAmt |
| Book Value | $890,556 | BookValueAmt |
| EOYFMV | $900,000 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $770 | LegalFeesAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| ADVERTISING / PROMOTIONAL | $7,542 | |
| CLEANING / MAINTENANCE | $1,892 | |
| INSURANCE | $13,119 | |
| EQUIPMENT REPAIRS | $2,145 | |
| RENT EQUIPMENT | $8,778 | |
| REPAIRS | $6,783 | |
| SMALL TOOLS | $944 | |
| SNOW REMOVAL | $1,850 | |
| SUBCONTRACTORS | $2,750 | |
| SUPPLIES | $9,626 | |
| UTILITIES | $4,547 | |
| MISC | $1,933 | |
| GAS | $3,292 | |
| DUES | $421 | |
| TRAVEL COSTS | $2,371 | |
| TRAIL REPAIRS | $9,938 | |
| CASH MANAGEMENT ADVISOR FEES | $9,903 | $9,903 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICE REVENUE | Desc |
| Revenue And Expenses Per Books | $23,045 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $23,045 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $194,105 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GATOR LOAN | Desc |
| EOY Book Value | $23,373 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | REAL ESTATE TAXES | CategoryTxt |
| Amt | $122 | Amt |