GOODMAN FAMILY OPERATING FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GOODMAN FAMILY OPERATING FOUNDATION (EIN 61-1816821)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202123149349100502
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-10T04:49:31-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH SIXTH STREET | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | 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 | 611816821 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GOODMAN FAMILY OPERATING FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GOOD | BusinessNameControlTxt |
| Phone | 9523618000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1107 HAZELTINE BLVD BOX 36 | AddressLine1Txt |
| City | CHASKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55318 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLINT KNACKE | PersonNm |
| Person Title | DIRECTOR AND TREASURER | PersonTitleTxt |
| Phone | 9523618000 | PhoneNum |
| Signature | 2021-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CLINT | PersonFirstNm |
| Person Last | KNACKE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARAH REDDEN | PreparerPersonNm |
| PTIN | P00898534 | PTIN |
| Phone | 6123974000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $295,118,935 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $115,427 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $115,427 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $115,427 | InterestOnSavingsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $14,643,590 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $14,643,590 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $14,643,590 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $14,643,590 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $14,759,017 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,759,017 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $14,759,017 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,479,198 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $2,023,533 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $2,023,533 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $15,606,788 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,735,485 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $12,735,485 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,860,493 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $18,085,986 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,759,018 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $14,759,018 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,860,493 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,095,986 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,759,018 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $14,759,018 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,870,493 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,336,969 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $12,030 | CashBOYAmt |
| Cash EOY | $5,794,871 | CashEOYAmt |
| Cash EOYFMV | $5,794,871 | CashEOYFMVAmt |
| Acct Rcvbl | $799,050 | AcctRcvblAmt |
| Acct Rcvbl BOY | $402,541 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $799,050 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $799,050 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $217,089,678 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $251,509,080 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $217,089,678 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $217,089,678 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Inventories EOY | $118,591 | InventoriesEOYAmt |
| Inventories EOYFMV | $118,591 | InventoriesEOYFMVAmt |
| Prepaid Expenses EOY | $466,526 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $466,526 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $66,315,903 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,776,593 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $64,539,310 | LandEOYAmt |
| Land EOYFMV | $64,539,310 | LandEOYFMVAmt |
| Other Assets BOY | $7,795,648 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,310,909 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,310,909 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $259,719,299 | TotalAssetsBOYAmt |
| Total Assets EOY | $295,118,935 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $295,118,935 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $72,821 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,474,541 | AccountsPayableEOYAmt |
| Deferred Revenue EOY | $80,643 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $8,884,862 | MortgagesAndNotesPayableBOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $36,600,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,957,683 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $38,155,184 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,002,536 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $42,015,567 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $248,759,080 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $214,948,184 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $250,761,616 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $256,963,751 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $259,719,299 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $295,118,935 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $250,761,616 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,336,969 | ExcessRevenueOverExpensesAmt |
| Other Increases | $9,539,104 | OtherIncreasesAmt |
| Subtotal | $256,963,751 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $256,963,751 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CLINT KNACKE | IndividualWithBooksNm |
| Phone | 9523618000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1107 HAZELTINE BLVD SUITE 200 | AddressLine1Txt |
| City | CHASKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55318 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES WEICHERT | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| SHANE GOODMAN | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | BOARD CHAIRMAN/DIRECTOR | 3.00 | $0 | $0 | $0 |
| T JAY SALMEN | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | VP/SECRETARY/DIRECTOR | 0.50 | $0 | $0 | $0 |
| CRAIG EDINGER | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | DIRECTOR | 1.50 | $0 | $0 | $0 |
| CLINT KNACKE | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | DIRECTOR/TREASURER | 2.50 | $0 | $0 | $0 |
| MARK WILSON | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | DIRECTOR/PRESIDENT | 0.50 | $0 | $0 | $0 |
| MARK REILING | ||||||||
| 1107 HAZELTINE BLVD SUITE 36 | CHASKA | MN | 55318 | DIRECTOR | 0.50 | $0 | $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 |
|---|---|---|---|---|---|---|---|---|
| KEITH BOAL | ||||||||
| 15737 W IRONWOOD ST | SURPRISE | AZ | 85374 | EXECUTIVE DIRECTOR | 40.00 | $82,460 | $1,907 | $0 |
| DEBORAH LUDINGTON | ||||||||
| 11136 E 24TH PLACE | YUMA | AZ | 85367 | EXECUTIVE DIRECTOR | 40.00 | $60,206 | $1,669 | $0 |
| EDWARD THOMPSON | ||||||||
| 1553 S 34TH AVE | YUMA | AZ | 85364 | DIRECTOR OF NURSING | 40.00 | $50,433 | $4,572 | $0 |
| CARRIE GODFREY | ||||||||
| 3855 W BERYL AVE | PHOENIX | AZ | 85051 | BUSINESS OFFICE MANA | 40.00 | $50,932 | $1,320 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JOHN B GOODMAN LIMITED PARTNERSHIP | |||||
| 1107 HAZELTINE BLVD SUITE 200 | CHASKA | MN | 55318 | DESIGN AND DEVELOPMENT | $2,490,700 |
| THE GOODMAN GROUP | |||||
| 1107 HAZELTINE BLVD SUITE 200 | CHASKA | MN | 55318 | ACCOUNTING AND MANAGEMENT | $551,899 |
| M&J MECHANICAL HEATING & COOLING | |||||
| 2990 E NORTHERN AVE SUITE E100 | PHOENIX | AZ | 85028 | HVAC | $252,384 |
| DELOITTE TAX LLP | |||||
| 50 S 6TH STREET SUITE 2800 | MINNEAPOLIS | MN | 55402 | TAX SERVICES | $56,621 |
| POLAR COOLING LLC | |||||
| 2734 EAST 14TH ST | YUMA | AZ | 85365 | HVAC | $51,847 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NET OPERATIONAL EXPENSES OF ILHC OF STILLWATER LLC, A FACILITY CONSISTING OF 59 INDEPENDENT LIVING UNITS, 32 ASSISTED LIVING UNITS, 32 MEMORY CARE UNITS, AND 16 CARE SUITES. | Description1Txt |
| Expenses1 | $389,698 | Expenses1Amt |
| Description2 | NET OPERATIONAL EXPENSES OF EMERALD SPRING OF YUMA, LLC, A FACILITY CONSISTING OF 147 INDEPENDENT LIVING AND ASSISTED LIVING UNITS. | Description2Txt |
| Expenses2 | $346,301 | Expenses2Amt |
| Description3 | NET OPERATIONAL EXPENSES OF RIDGES AT PEORIA, LLC, A FACILITY CONSISITING OF 107 INDEPENDENT AND ASSISTED LIVING UNIT FACILITY KNOWN AS ARBOR RIDGE, 244 INDEPENDENT AND ASSISTED LIVING UNIT FACILITY KNOWN AS GARDEN RIDGE, AND 80 MEMORY CARE UNIT FACILITY KNOWN AS SENITA RIDGE. | Description3Txt |
| Expenses3 | $1,123,279 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,078,081 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,078,081 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,078,081 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $46,171 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,031,910 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $151,596 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $151,596 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $151,596 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $151,596 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $151,596 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,870,493 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $66,315,903 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $68,186,396 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $68,186,396 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $151,596 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $9,698,617 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,698,617 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $68,186,396 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $151,596 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $68,034,800 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $77,733,417 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $77,733,417 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $9,698,617 | ExcessFromYear1Amt |
| Excess From Current Year | $68,034,800 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIG ISLAND LEGACY | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 175 | AddressLine1Txt |
| City | LONG LAKE | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55356 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | TO MAKE CERTAIN IMPROVEMENTS THAT WILL PRESERVE THE HISTORY AND NATURAL BEAUTY OF BIG ISLAND PARK. | GrantOrContributionPurposeTxt |
| Amt | $10,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $115,427 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $14,633,590 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $14,749,017 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,749,017 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 5A | RENTAL INCOME FROM DIRECT CHARITABLE ACTIVITIES LISTED ON PART IX-A |
| 3 | INTEREST INCOME FROM DIRECT CHARITABLE ACTIVITIES LISTED ON PART IX-A |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ILHC OF STILLWATER, LLC | Desc |
| BOY Book Value | $7,795,648 | BOYBookValueAmt |
| EOY Book Value | $6,310,909 | EOYBookValueAmt |
| EOYFMV | $6,310,909 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ILHC OF STILLWATER, LLC | $3,060,063 | $2,494,790 | $2,494,790 | $389,698 |
| ADMINISTRATIVE EXPENSES | $41,717 | $34,050 | $34,050 | $1,215 |
| RIDGES AT PEORIA, LLC | $9,559,024 | $7,802,119 | $7,802,119 | $1,123,279 |
| EMERALD SPRINGS AT YUMA, LLC | $2,945,984 | $2,404,526 | $2,404,526 | $346,301 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN PRESENT VALUE OF ANNUITY RECEIVABLE | Desc |
| Amt | $9,539,104 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| CURRENT PORTION OF LONG-TERM DEBT | $0 | $6,600,000 |
| LONG-TERM DEBT | $0 | $30,000,000 |