CHARLES P WILSON FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES P WILSON FOUNDATION INC (EIN 32-0249019)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-29
- IRS object ID
- 202133069349100008
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Land Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-29T12:26:24-00:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sullivan Greer & Arnold PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 E Wood St | AddressLine1Txt |
| City | Paris | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | 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 | 320249019 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES P WILSON FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 7314074561 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 829 GRANT ST | AddressLine1Txt |
| City | PARIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES P WILSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2021-10-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLES | PersonFirstNm |
| Person Last | WILSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David E Sullivan CPA | PreparerPersonNm |
| PTIN | P00398251 | PTIN |
| Phone | 7316422940 | PhoneNum |
| Preparation | 2021-10-29 | PreparationDt |
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 | $14,946,945 | 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 | $347,763 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $14,640 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $14,640 | InterestOnSavNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $1,328,808 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,328,808 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $538,990 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $74,534 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $179,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $74,534 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $131,474 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $131,474 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,897,219 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,549,456 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $20,546 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $20,546 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $5,475 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,475 | AccountingFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $119,759 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $104,549 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $282,206 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $282,206 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $377,042 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $377,042 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $805,028 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $789,818 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $750,160 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $750,160 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,555,188 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $789,818 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $750,160 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $342,031 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $759,638 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | -$443,330 | CashBOYAmt |
| Cash EOY | -$372,059 | CashEOYAmt |
| Cash EOYFMV | -$372,059 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,579,225 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,745,023 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,745,023 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,883,935 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $739,498 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,883,935 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,883,935 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Invst Land Cost Or Other Basis | $9,962,658 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $1,388,618 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $7,947,122 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $8,574,044 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $10,640,944 | LandBldgInvestmentsEOYFMVAmt |
| Other Assets BOY | $715,573 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,049,102 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,049,102 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,538,088 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,880,045 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,946,945 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $86,545 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $86,471 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $86,545 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $86,471 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $12,451,543 | RetainedEarningBOYAmt |
| Retained Earning EOY | $12,793,574 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,451,543 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,793,574 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,538,088 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,880,045 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,451,543 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $342,031 | ExcessRevenueOverExpensesAmt |
| Subtotal | $12,793,574 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $12,793,574 | 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 | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | DepreciationDepreciationAmt |
|---|---|---|---|---|---|---|---|---|
| 15 Manleyville Rd | P | 2019-12-31 | 2020-11-19 | $145,000 | $71,066 | $73,934 | $73,934 | |
| 54 Hargrove Rd | P | 2017-12-29 | 2020-06-26 | $34,000 | $35,500 | $600 | $600 | $2,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $74,534 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $73,934 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,559 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $10,559 | SubtotalAmt |
| Tax Based On Investment Income | $10,559 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $15,000 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $15,000 | OriginalReturnTaxPaidAmt |
| Es Penalty | $83 | EsPenaltyAmt |
| Overpayment | $4,358 | OverpaymentAmt |
| Applied To ES Tax | $4,358 | 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 | TN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| 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 | BEN SHERARD | IndividualWithBooksNm |
| Phone | 7316428958 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1620 VALLEY WOOD DRIVE | AddressLine1Txt |
| City | PARIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | 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 |
| 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 |
| 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 |
|---|---|---|---|---|---|---|
| CHARLES P WILSON | ||||||
| 829 GRANT ST | PARIS | TN | 38242 | PRESIDENT | 000.00 | $0 |
| BEN SHERARD | ||||||
| 1620 VALLEY WOOD DRIVE | PARIS | TN | 38242 | SECRETARY | 000.00 | $0 |
| CHAD P WILSON | ||||||
| 3 NORTHSIDE DR | JACKSON | TN | 38305 | DIRECTOR | 000.00 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,714,958 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,573,981 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,288,939 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $16,288,939 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $244,334 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,044,605 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $802,230 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $802,230 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,559 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,559 | TotalTaxAmt |
| Distributable Before Adj | $791,671 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $791,671 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $791,671 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $750,160 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $750,160 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $750,160 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $791,671 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $604,367 | UndistributedIncomePYAmt |
| Qualifying Distributions | $750,160 | QualifyingDistributionsAmt |
| Applied To Year1 | $604,367 | AppliedToYear1Amt |
| Applied To Current Year | $145,793 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $645,878 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Charles P Wilson | ContributingManagerNm |
| Contributing Manager | Chad P Wilson | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Charles P Wilson | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 829 Grant St | AddressLine1Txt |
| City | Paris | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7316423180 | RecipientPhoneNum |
| Form And Info And Materials | Undeveloped at this time. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Area Relief Ministries | ||||||||||
| PO Box 7 | Jackson | TN | 383020007 | None | PC | Faith-Based Assistance to Needy Families | $250 | |||
| Free Burma Rangers | ||||||||||
| None | PC | Christian Missionary | $1,000 | PO Box 392 | Chiang Mai | TH | ||||
| Carroll County Humane Society | ||||||||||
| 21822 Highway 22 | McKenzie | TN | 38201 | None | PC | Animal Shelter | $500 | |||
| Birth Choice Incorporated | ||||||||||
| 391 Wallace Rd | Jackson | TN | 38305 | None | PC | Family Planning Center | $500 | |||
| Care Center of Jackson | ||||||||||
| PO Box 457 | Jackson | TN | 38305 | None | PC | Homeless Shelter for Women Children | $1,000 | |||
| ComeUnity Cafe | ||||||||||
| 218 E Main Street | Jackson | TN | 383016224 | None | PC | Community Meal Center | $1,000 | |||
| Crockett Christmas Store | ||||||||||
| 1132 Farrow Road | Bells | TN | 38006 | None | PC | Community Program | $2,500 | |||
| Enough Grace Ministries Inc | ||||||||||
| PO Box 502 | Paris | TN | 38242 | None | PC | Christianity | $2,000 | |||
| Doulos Partners | ||||||||||
| 700 Montgomery Hwy Suite 156 | Birmingham | AL | 35216 | None | PC | Christianity | $15,000 | |||
| First Baptist Church | ||||||||||
| 313 N Poplar St | Paris | TN | 38242 | None | PC | Christianity | $138,800 | |||
| Grace To You | ||||||||||
| PO Box 4000 | Panorama City | CA | 91412 | None | PC | Christianity | $5,000 | |||
| Jackson First Baptist Church | ||||||||||
| 1627 N Highland Ave | Jackson | TN | 38301 | None | PC | Christianity | $130,000 | |||
| Tishomingo County Food Depot | ||||||||||
| PO Box 36 | Iuka | MS | 38852 | None | PC | Food Baskets for Needy | $10,000 | |||
| Habitat for Humanity | ||||||||||
| 105 S Market St | Paris | TN | 38242 | None | PC | Christian Housing Ministry | $1,250 | |||
| Marys Kids | ||||||||||
| PO Box 701 | Paris | TN | 38242 | None | PC | Youth Program | $1,250 | |||
| Vessel of Honour Inc NFP | ||||||||||
| 209 Oliver Street | Paris | TN | 38242 | None | PC | Religious Charity/Social Services | $2,000 | |||
| Southern Baptist Theological Seminary | ||||||||||
| 2825 Lexington Road | Louisville | KY | 40280 | None | PC | Christian Education | $5,000 | |||
| Union Endowment Scholarship Fund | ||||||||||
| 1050 Union University Dr | Jackson | TN | 38305 | None | PC | Scholarships | $50,000 | |||
| Youth Town of Tennessee Inc | ||||||||||
| PO Box 1385 | Jackson | TN | 383021385 | None | PC | Christianity School | $250 | |||
| McKenzie United Neighbors | ||||||||||
| 2455 Cedar Street | McKenzie | TN | 38201 | None | PC | Pantry | $2,000 | |||
| Realfoot Rural Ministries | ||||||||||
| Route 2 | Obion | TN | 38240 | None | PC | Religious Charity/Social Services | $1,000 | |||
| Beating Hearts Help Center | ||||||||||
| 21203 Hwy 22 | McKenzie | TN | 38201 | None | PC | Family Planning Center | $2,250 | |||
| Carl Perkins Center of Carroll County | ||||||||||
| 50 Stone Ridge CV | Huntington | TN | 38344 | None | PC | Communtity Program | $2,250 | |||
| Cornerstone Fellowship Church | ||||||||||
| 66 Waverly Drive | Frederick | MD | 21702 | None | PC | Christian Ministry | $15,000 | |||
| Covenant Ranch Inc | ||||||||||
| 8759 Highway 79 N | Buchanan | TN | 38222 | None | PC | Christian Fellowship | $103,360 | |||
| Jackson Youth Symphony Association | ||||||||||
| 207 East Lafayatte Street | Jackson | TN | 38301 | None | PC | Youth Program | $500 | |||
| Crockett County NOAH | ||||||||||
| 6013 Hwy 88 PO Box 67 | Maury City | TN | 38050 | None | PC | Christianity | $2,500 | |||
| Crockett County Veterans Association | ||||||||||
| 200 Honeysuckle Dr | Alamo | TN | 38001 | None | PC | Veteran Support | $1,000 | |||
| Desiring God | ||||||||||
| 2112 Broadway Street NE Suite 150 | Minneapolis | MN | 55413 | None | PC | Christianity | $10,000 | |||
| Life Action Ministries | ||||||||||
| 2727 Niles Buchanan Rd | Buchanan | MI | 49107 | None | PC | Religious | $5,000 | |||
| Gideons International | ||||||||||
| PO Box 583 | Paris | TN | 38224 | None | PC | Christianity | $10,000 | |||
| Henry County Sheriff's Department- Animal Shelter | ||||||||||
| 622 Jones Bend Road | Paris | TN | 38242 | None | GOV | Animal Shelter | $500 | |||
| Trinity Christian Academy | ||||||||||
| 10 Windy City Road | Jackson | TN | 38305 | None | PC | Christian Education | $50,000 | |||
| Helping Hands | ||||||||||
| 1510 E Wood Street | Paris | TN | 38242 | None | PC | Community Program | $1,250 | |||
| Tomorrow's Hope Pregnancy | ||||||||||
| 211 N Brewer Street | Paris | TN | 38242 | None | PC | Community Program Services | $8,000 | |||
| The Church at Sugar Creek | ||||||||||
| 3400 E Mitchell Street | Humboldt | TN | 38343 | None | PC | Christianity | $50,000 | |||
| The Forget Me Not Foundation of NW TN | ||||||||||
| 3744 Cleek Echo Dr | Union City | TN | 382617404 | None | PC | Bereavement Support | $1,250 | |||
| Wags and Whiskers Safe Haven | ||||||||||
| PO Box 472 | Union City | TN | 38261 | None | PC | Animal Shelter | $500 | |||
| Union University Foundation LLC | ||||||||||
| Union University Dr | Jackson | TN | 38305 | None | PC | Christian College Scholarships | $90,000 | |||
| West Tennessee Healthcare Foundation | ||||||||||
| 620 Skyline Dr | Jackson | TN | 38301 | None | PC | Healthcare | $1,000 | |||
| Child Evangelism Fellowship Inc | ||||||||||
| 25 Turtle Creek Drive | Jackson | TN | 38305 | None | PC | Youth Christianity | $500 | |||
| Henry County CASA | ||||||||||
| 101 W Washington Street | Paris | TN | 38242 | None | PC | Youth Program | $10,000 | |||
| Shepherd's Fire | ||||||||||
| 365 Jack Teasley Rd | Pleasant Vine | TN | 37148 | None | PC | Christianity | $15,000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $750,160 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,640 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $560,126 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $131,474 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $74,534 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $780,774 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $780,774 | 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 | 3,5,7 | LineNumberTxt |
| Relationship Statement | All Activities generate income to support the foundations purpose. | 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 | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McKenzie Banking Company | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1223 HWY 641 S | AddressLine1Txt |
| City | Paris | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $347,763 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 101-107 E MacDonald 1345 West Lincoln Way 1319 West Lincoln Way 1113 Bridgette Street 607 Jackson St | NoncashPropertyDesc |
| Fair Market Value | $347,763 | FairMarketValueAmt |
| Received | 2020-12-31 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $5,475 | Amt |
| Net Investment Income | $5,475 | NetInvestmentIncomeAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | See attached Sheet | PropertyDesc |
| Cost Or Other Basis | $9,998,167 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $1,108,522 | PriorYearDepreciationAmt |
| Current Year Expense | $282,206 | CurrentYearExpenseAmt |
| Net Investment Income | $282,206 | NetInvestmentIncomeAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | See attached sheet | CategoryOrItemTxt |
| Cost Or Other Basis | $9,962,658 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,388,618 | AccumulatedDepreciationAmt |
| Book Value | $8,574,044 | BookValueAmt |
| EOYFMV | $10,640,944 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $20,546 | LegalFeesAmt |
| Net Investment Income | $20,546 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Deposit on Property | -$1,000 | -$900 | -$900 |
| Improvements in Progress | $716,573 | $1,049,402 | $1,049,402 |
| Escrow Deposits | $600 | $600 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Maintenance - Rentals | $215,737 | $215,737 |
| Insurance Expense - Rentals | $104,451 | $104,451 |
| Utility Expense - Rentals | $32,826 | $32,826 |
| Property Management Fees | $15,229 | $15,229 |
| Other Expense | $3,029 | $3,029 |
| Other Property Expense | $5,770 | $5,770 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Interest on Bobbie Eubanks Note | $217 | $217 |
| Rent Late Fees | $8,459 | $8,459 |
| Application Fees | $3,780 | $3,780 |
| Miscellaneous Income | $34,475 | $34,475 |
| Misc Income | $4,479 | $4,479 |
| Return Bank Service Fee | $120 | $120 |
| Global Interest | $14,190 | $14,190 |
| Arthur James Interest | $20,480 | $20,480 |
| Andrew Miller - Interest | $19,412 | $19,412 |
| Loan Fees | $15,000 | $15,000 |
| Fisher LN 3134 | $10,237 | $10,237 |
| Palmer LN 3140 | $625 | $625 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Deposits - Rental | $86,317 | $86,170 |
| Federal Taxes Payable | $297 | $297 |
| Sales Tax Payable | -$69 | $4 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (13 entries)
| Loan OriginalLoanOriginalAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Balance DueBalanceDueAmt |
|---|---|---|---|---|---|
| Bobbie Eubanks | |||||
| $52,500 | 2010-10 | 2020-11 | Monthly | 0000000000.072500000000 | |
| Global RI Ln 3128 | |||||
| 2017-10 | 2018-10 | Monthly | 0000000000.085000000000 | ||
| James Arthur Ln 110 | |||||
| 2017-09 | 2020-01 | Monthly | 0000000000.085000000000 | ||
| James Arthur Ln 107 | |||||
| 2017-06 | 2022-05 | Monthly | 0000000000.080000000000 | $10,107 | |
| James Arthur Ln 106 | |||||
| 2017-06 | 2022-05 | Monthly | 0000000000.080000000000 | $11,403 | |
| James Arthur Ln 102 | |||||
| 2017-08 | 2022-07 | Monthly | 0000000000.080000000000 | $76,422 | |
| James Arthur Ln 101 | |||||
| 2018-02 | 2019-02 | Monthly | 0000000000.100000000000 | $224,981 | |
| Andrew D Miller Note 1 | |||||
| $200,000 | 2018-06 | 2033-06 | Monthly | 0000000000.090000000000 | $191,023 |
| Good Space UK LLC Ln 3126 | |||||
| $100,000 | 2019-08 | 2024-08 | Monthly | 0000000000.100000000000 | $100,000 |
| Note 1 Global Re Ln 3132 | |||||
| $95,000 | 2020-05 | 2021-05 | Monthly | 0000000000.100000000000 | $95,000 |
| Fischer Ln 3134 | |||||
| $450,000 | 2020-09 | 2023-10 | Monthly | 0000000000.090000000000 | $450,000 |
| Crutcher Ln 3138 | |||||
| $649,999 | 2020-10 | 2024-02 | Annual | 0000000000.090000000000 | $649,999 |
| Palmer Ln 3140 | |||||
| $75,000 | 2020-10 | 2021-10 | Monthly | 0000000000.100000000000 | $75,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION BANK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1137 E WOOD ST | AddressLine1Txt |
| City | PARIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38242 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Real estate tax not included in line 20 | $104,549 | $104,549 |
| Tax 2019 | $210 | |
| Taxes 2020 | $15,000 |