JOSEPH KELLMAN FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH KELLMAN FAMILY FOUNDATION (EIN 36-7336206)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202133159349100948
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-11T15:23:47-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 367336206 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH KELLMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 7739193414 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 E 56TH STREET NO 3508 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60637 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TROY RATLIFF | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 7739193414 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TROY | PersonFirstNm |
| Person Last | RATLIFF | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY A HAUMANN | PreparerPersonNm |
| PTIN | P00546491 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2021-11-10 | 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 | $12,122,620 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $40,160 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $40,160 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $2,250 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $2,250 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | -$2,537 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $18,053 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $343,419 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,053 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $60,463 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $60,463 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $60,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $60,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,452 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,177 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $69,235 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,235 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $60,000 | OtherProfFeesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $289,384 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $4,787 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $4,787 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $197,437 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $356 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $197,081 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $628,472 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,378 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $317,081 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $147,295 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $147,295 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $775,767 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,378 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $464,376 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$715,304 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $46,085 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $147,301 | CashBOYAmt |
| Cash EOY | -$2,602 | CashEOYAmt |
| Cash EOYFMV | -$2,602 | CashEOYFMVAmt |
| Other Investments BOY | $3,267,006 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,990,988 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,332,034 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $11,726,507 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,933,318 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,082,572 | LandBOYAmt |
| Land EOY | $7,793,189 | LandEOYAmt |
| Land EOYFMV | $7,793,188 | LandEOYFMVAmt |
| Total Assets BOY | $11,496,879 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,781,575 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,122,620 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $11,496,879 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,781,575 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,496,879 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,781,575 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,496,879 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,781,575 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,496,879 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$715,304 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,781,575 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,781,575 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| CIBC LONG TERM | P | $150,200 | $146,084 | $4,116 | $4,116 |
| CIBC SHORT TERM | P | $311 | $372 | -$61 | -$61 |
| CIBC LONG TERM | P | $153,832 | $178,910 | -$25,078 | -$25,078 |
| CAPITAL GAINS DIVIDENDS | P | $39,076 | $39,076 | $39,076 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,053 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $641 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $641 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $641 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,632 | 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 | $6,632 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $5,991 | OverpaymentAmt |
| Applied To ES Tax | $5,991 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | IL | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7739193414 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 E 56TH STREET UNIT 3508 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60637 | 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 | 0 | 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 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JACK KELLMAN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| TROY RATLIFF | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | VICE PRESIDENT/SECRETARY | 1.00 | $60,000 | $0 | $0 |
| LORRIE JONES | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | TREASURER | 1.00 | $0 | $0 | $0 |
| COLETTE GILLEN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| KYLE GILLEN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| JAKE KELLMAN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| ALLAN MUCHIN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $3,571,792 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $41,395 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,613,187 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,613,187 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $54,198 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,558,989 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $177,949 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $177,949 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $641 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $641 | TotalTaxAmt |
| Distributable Before Adj | $177,308 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $177,308 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $177,308 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $464,376 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $464,376 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $464,376 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $177,308 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $959,652 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,505,453 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $849,467 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $291,545 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $435,830 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,041,947 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $464,376 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $177,308 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $287,068 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,329,015 | 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 | $959,652 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,369,363 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,505,453 | ExcessFromYear4Amt |
| Excess From Year3 | $849,467 | ExcessFromYear3Amt |
| Excess From Year2 | $291,545 | ExcessFromYear2Amt |
| Excess From Year1 | $435,830 | ExcessFromYear1Amt |
| Excess From Current Year | $287,068 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| HYDE PARK SCHOOL OF DANCE | ||||||
| 5650 S WOODLAWN AVE | CHICAGO | IL | 60637 | PC | GENERAL CHARITABLE PURPOSE | $10,000 |
| KELLMAN CORPORATE COMMUNITY SCHOOLS OF AMERICA | ||||||
| 751 S SACRAMENTO | CHICAGO | IL | 60612 | PC | GENERAL CHARITABLE PURPOSE | $131,295 |
| KENNEDY FORUM ILLINOIS | ||||||
| 1543 N WELLS ST | CHICAGO | IL | 60610 | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| JEWISH UNITED FUND | ||||||
| 30 S WELLS ST | CHICAGO | IL | 60606 | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $147,295 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $40,160 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | -$2,537 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $18,053 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $55,676 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $55,676 | TotalIncomeProducingActyAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $6,177 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (22 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| CUMULATIVE CONSTRUCTION COSTS | 2008-01-01 | $8,363,082 | $2,579,317 | SL | 39.000000000000 | $214,438 | $0 |
| WOOD FLOORS | 2008-01-01 | $6,405 | $1,966 | SL | 39.000000000000 | $164 | $0 |
| DRAW #23 | 2008-01-01 | $2,352,371 | $720,864 | SL | 39.000000000000 | $60,317 | $0 |
| SHABAZZ GC | 2008-01-01 | $16,195 | $4,954 | SL | 39.000000000000 | $415 | $0 |
| GLASS WINDOWS | 2008-01-01 | $6,994 | $2,135 | SL | 39.000000000000 | $179 | $0 |
| FCL BUILDERS | 2008-01-01 | $68,005 | $20,753 | SL | 39.000000000000 | $1,744 | $0 |
| FCL BUILDERS | 2008-01-01 | $77,565 | $23,602 | SL | 39.000000000000 | $1,989 | $0 |
| 1532 PULASKI | 2011-01-01 | $53,190 | $12,068 | SL | 39.000000000000 | $1,364 | $0 |
| 1532 BUILDOUT | 2012-01-01 | $31,978 | $6,384 | SL | 39.000000000000 | $820 | $0 |
| 1532 BUILDOUT | 2012-04-30 | $164,136 | $31,654 | SL | 39.000000000000 | $4,209 | $0 |
| COMPUTERS | 2008-01-01 | $4,750 | $4,750 | SL | 5.000000000000 | $0 | $0 |
| BLINDS | 2008-01-01 | $9,000 | $9,000 | SL | 7.000000000000 | $0 | $0 |
| WIRELESS NETWORK | 2008-01-01 | $26,985 | $26,985 | SL | 5.000000000000 | $0 | $0 |
| FURNITURE | 2008-01-01 | $10,531 | $10,531 | SL | 7.000000000000 | $0 | $0 |
| OFFICE EQUIPMENT | 2008-03-19 | $1,497 | $1,497 | SL | 7.000000000000 | $0 | $0 |
| SIGN | 2008-05-28 | $3,817 | $3,817 | SL | 7.000000000000 | $0 | $0 |
| FURNITURE | 2008-12-05 | $6,040 | $6,040 | SL | 7.000000000000 | $0 | $0 |
| APPLE COMPUTERS | 2007-09-14 | $157,441 | $157,441 | SL | 5.000000000000 | $0 | $0 |
| FURNITURE | 2009-01-26 | $3,339 | $3,339 | SL | 7.000000000000 | $0 | $0 |
| APPLE EQUIPMENT | 2009-03-11 | $3,419 | $3,419 | SL | 5.000000000000 | $0 | $0 |
| APPLE COMPUTERS | 2016-07-01 | $18,725 | $13,418 | SL | 5.000000000000 | $3,745 | $0 |
| LAND | 2008-01-01 | $341,041 | L | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MANAGED ACCOUNTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,990,988 | BookValueAmt |
| EOYFMV | $4,332,034 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| CUMULATIVE CONSTRUCTION COSTS | $8,363,082 | $2,793,755 | $5,569,327 | $5,569,327 |
| WOOD FLOORS | $6,405 | $2,130 | $4,275 | $4,275 |
| DRAW #23 | $2,352,371 | $781,181 | $1,571,190 | $1,571,190 |
| SHABAZZ GC | $16,195 | $5,369 | $10,826 | $10,826 |
| GLASS WINDOWS | $6,994 | $2,314 | $4,680 | $4,680 |
| FCL BUILDERS | $68,005 | $22,497 | $45,508 | $45,508 |
| FCL BUILDERS | $77,565 | $25,591 | $51,974 | $51,974 |
| 1532 PULASKI | $53,190 | $13,432 | $39,758 | $39,758 |
| 1532 BUILDOUT | $31,978 | $7,204 | $24,774 | $24,774 |
| 1532 BUILDOUT | $164,136 | $35,863 | $128,273 | $128,273 |
| COMPUTERS | $4,750 | $4,750 | $0 | $0 |
| BLINDS | $9,000 | $9,000 | $0 | $0 |
| WIRELESS NETWORK | $26,985 | $26,985 | $0 | $0 |
| FURNITURE | $10,531 | $10,531 | $0 | $0 |
| OFFICE EQUIPMENT | $1,497 | $1,497 | $0 | $0 |
| SIGN | $3,817 | $3,817 | $0 | $0 |
| FURNITURE | $6,040 | $6,040 | $0 | $0 |
| APPLE COMPUTERS | $157,441 | $157,441 | $0 | $0 |
| FURNITURE | $3,339 | $3,339 | $0 | $0 |
| APPLE EQUIPMENT | $3,419 | $3,419 | $0 | $0 |
| APPLE COMPUTERS | $18,725 | $17,163 | $1,562 | $1,562 |
| LAND | $341,041 | $0 | $341,041 | $341,041 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $1,452 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| UTILITIES | $75,383 | $0 | $75,383 |
| INSURANCE | $20,669 | $0 | $20,669 |
| OFFICE EXPENSE | $1,416 | $0 | $1,416 |
| POSTAGE AND SHIPPING | $2,006 | $0 | $2,006 |
| BANK CHARGES | $356 | $356 | $0 |
| SECURITY | $60,152 | $0 | $60,152 |
| MAINTENANCE | $37,455 | $0 | $37,455 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $9,235 | $9,235 | $0 |
| CONSULTANTS | $60,000 | $0 | $60,000 |