FOUNDATIONS OF EAST CHICAGO INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATIONS OF EAST CHICAGO INC (EIN 20-8445003)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-07
- IRS object ID
- 201841279349100974
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-07T11:49:25-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA Whittaker & Associates | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E 5th Avenue Suite A | AddressLine1Txt |
| City | Gary | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208445003 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATIONS OF EAST CHICAGO INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 2193924225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 463123308 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROSA PENA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2193924225 | PhoneNum |
| Signature | 2018-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CURTIS A WHITTAKER CPA | PreparerPersonNm |
| PTIN | P00629216 | PTIN |
| Phone | 2198800850 | PhoneNum |
| Preparation | 2018-05-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | 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 | $31,765,104 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,505,749 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $105 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $701,330 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $701,330 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,317,001 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,215,642 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,317,001 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $5,524,185 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,018,331 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $254,966 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $25,497 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $275,862 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $16,552 | OthEmplSlrsWgsNetInvstIncmAmt |
| Pension Empl Bnft Rev And Expnss | $191,239 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $11,474 | PensionEmplBnftNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $185,805 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $43,534 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $72,050 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,323 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $198,891 | OtherProfFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $40 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $32,671 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,586 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $10,731 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $1,073 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $61,377 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $6,138 | OccupancyNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $6,108 | TravConfMeetingRevAndExpnssAmt |
| Printing And Pub Rev And Expnss | $20,000 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $286,077 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $141,336 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $1,595,817 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $256,513 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,071,838 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,024,553 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,667,655 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $256,513 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,024,553 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,856,530 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,761,818 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,187,744 | CashBOYAmt |
| Cash EOY | $974,110 | CashEOYAmt |
| Cash EOYFMV | $974,110 | CashEOYFMVAmt |
| Acct Rcvbl | $310,117 | AcctRcvblAmt |
| Acct Rcvbl BOY | $302,126 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $310,117 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $310,117 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $12,813 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $8,874 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $8,874 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $16,010,449 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,809,822 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $14,809,822 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,144,048 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $10,540,059 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $10,540,059 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $139,875 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $121,189 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $20,869 | LandBOYAmt |
| Land EOY | $18,686 | LandEOYAmt |
| Land EOYFMV | $18,686 | LandEOYFMVAmt |
| Other Assets BOY | $5,177,953 | OtherAssetsBOYAmt |
| Other Assets EOY | $5,103,436 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $5,103,436 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $28,856,002 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,765,104 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,765,104 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $84,946 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $94,520 | AccountsPayableEOYAmt |
| Grants Payable BOY | $112,946 | GrantsPayableBOYAmt |
| Grants Payable EOY | $160,231 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $508,320 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $506,963 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $706,212 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $761,714 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $28,149,790 | UnrestrictedBOYAmt |
| Unrestricted EOY | $31,003,390 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,149,790 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,003,390 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,856,002 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,765,104 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,149,790 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,856,530 | ExcessRevenueOverExpensesAmt |
| Other Increases | $997,070 | OtherIncreasesAmt |
| Subtotal | $31,003,390 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $31,003,390 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Various investment securities and bonds | P | 2014-01-01 | 2017-12-01 | $3,215,642 | $0 | $1,898,222 | $1,317,420 | $0 | $0 | $0 | $1,317,420 |
| $0 | $6,768 | $7,187 | -$419 | $0 | $0 | $0 | -$419 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,317,001 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,215,981 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,792,918 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.793429 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,728,745 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,089,900 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.883118 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,232,572 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,872,105 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.125506 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,788,842 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,214,539 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 1.178658 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $6,154,656 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,264,923 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.336966 | DistributionYr5Rt |
| Total Distribution | 4.317677 | TotalDistributionRt |
| Average Distribution | 0.863535 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,750,750 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,375,369 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $17,618 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,392,987 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,024,553 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,236 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $35,236 | SubtotalAmt |
| Tax Based On Investment Income | $35,236 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,757 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,757 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $3,757 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1 | EsPenaltyAmt |
| Tax Due | $31,480 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.foundationsec.org | WebsiteAddressTxt |
| Individual With Books | ROSA PENA | IndividualWithBooksNm |
| Phone | 2193924225 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH VERDUZCO | ||||||||
| 2310 PURDUE DRIVE | EAST CHICAGO | IN | 46312 | VICE PRESIDENT | 2.30 | $10,200 | $0 | $0 |
| NADYNE KOKOT | ||||||||
| 4018 Deodar Street | EAST CHIAGO | IN | 46312 | MEMBER | 3.42 | $10,500 | $0 | $0 |
| CEDRIC GAMBLE | ||||||||
| 4840 MELVILLE AVENUE | EAST CHICAGO | IN | 46312 | MEMBER | 2.73 | $13,300 | $0 | $0 |
| GEORGE WEEMS | ||||||||
| 4311 Franklin Street | EAST CHICAGO | IN | 46312 | PRESIDENT | 10.00 | $29,500 | $0 | $0 |
| PETER SMITH | ||||||||
| 2106 Joy Lane | EAST CHICAGO | IN | 46312 | MEMBER | 4.23 | $12,800 | $0 | $0 |
| MARIO PALACIOS | ||||||||
| 1210 W 151st Street | EAST CHICAGO | IN | 46312 | TREASURER | 2.53 | $12,800 | $0 | $0 |
| SYLVIA MORRISROE | ||||||||
| 4345 E Guadalupe Circle | EAST CHICAGO | IN | 46312 | SECRETARY | 4.34 | $13,800 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ROSA PENA | ||||||||
| 5006 TODD AVENUE | EAST CHICAGO | IN | 46312 | EXEC DIRECTOR | 45.00 | $107,528 | $4,839 | $0 |
| ALEXIS JIMINEZ | ||||||||
| 1805 SHERIDAN AVENUE | WHITING | IN | 46394 | ADMINISTRATIVE ASSIS | 50.00 | $57,685 | $577 | $0 |
| JANET WOZNIAK | ||||||||
| 890 Jordan Circle | SCHERERVILLE | IN | 46375 | PROGRAM MANAGER | 50.00 | $69,259 | $2,424 | $0 |
| TEREKA BOONE | ||||||||
| 2645 CARDINAL DRIVE | EAST CHICAGO | IN | 46312 | EDUCATION PROGRAM DI | 50.00 | $57,135 | $571 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BARNES & THORNBURG LLP | |||||
| 11 SOUTH MERIDIAN STREET | INDIANAPOLIS | IN | 46204 | LEGAL | $146,165 |
| SMDG LLC | |||||
| 839 BROADWAY SUITE S-202 | GARY | IN | 46402 | CONSULTING | $152,009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,611,686 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $180,954 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,792,640 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,792,640 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $41,890 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,750,750 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $137,538 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $137,538 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,236 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,236 | TotalTaxAmt |
| Distributable Before Adj | $102,302 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $102,302 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $102,302 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,024,553 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,024,553 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,024,553 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $102,302 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $4,529,332 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,651,563 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,130,517 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,584,160 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,083,711 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $15,979,283 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,024,553 | QualifyingDistributionsAmt |
| Applied To Current Year | $102,302 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,922,251 | RemainingDistriFromCorpusAmt |
| Total Corpus | $17,901,534 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $4,529,332 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,372,202 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,651,563 | ExcessFromYear4Amt |
| Excess From Year3 | $3,130,517 | ExcessFromYear3Amt |
| Excess From Year2 | $2,584,160 | ExcessFromYear2Amt |
| Excess From Year1 | $2,083,711 | ExcessFromYear1Amt |
| Excess From Current Year | $1,922,251 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ROSA PENA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 W CHICAGO AVENUE | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2193924225 | RecipientPhoneNum |
| Form And Info And Materials | REQUESTS FOR GRANTS AND/OR DONATIONS ARE MADE TO THE BOARD OF DIRECTORS | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | DEADLINES VARY | SubmissionDeadlinesTxt |
| Restrictions On Awards | QUALIFIED APPLICANT MUST BE CLASSIFIED AS A LEGITIMATE 501(C)3 EXEMPT ORGANIZATION | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $1,911,607 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,911,607 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $160,231 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $160,231 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $105 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $701,330 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,317,001 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,018,436 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,018,436 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail (2 entries)
| Organization TypeOrganizationTypeDesc | Relationship DescriptionRelationshipDescriptionTxt |
|---|---|
| North Harbor Property Inc (NHPI) | |
| 501 (c) 2 | Wholly owned subsidiary |
| FEC Holdings Inc | |
| 501 (c) 2 | Wholly owned subsidiary |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERISTAR EAST CHICAGO | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 AMERISTAR BLVD | AddressLine1Txt |
| City | EAST CHICAGO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,505,749 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| SEEHAUSEN ACCOUNTING | $47,050 | $2,823 |
| WHITTAKER & COMPANY AUDITING | $25,000 | $1,500 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Gross Sales PriceGrossSalesPriceAmt | Basis MethodBasisMethodTxt |
|---|---|---|---|---|---|---|
| (no name) | ||||||
| Disposal of various fixed assets | Purchased | $7,186 | -$419 | $6,767 | ||
| VARIOUS | ||||||
| various investmenet securities and bonds | Purchased | $1,898,222 | $1,317,420 | $3,215,642 | FMV | |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Corporate Bonds and Debt | BondNm |
| EOY Book Value | $10,540,059 | EOYBookValueAmt |
| EOYFMV | $10,540,059 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Mutual Funds, Domestic and Foreign Stocks | StockNm |
| EOY Book Value | $14,809,822 | EOYBookValueAmt |
| EOYFMV | $14,809,822 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER EQUIPMENT | $35,406 | $27,892 | $7,514 |
| FURNITURE & FIXTURES | $63,002 | $57,816 | $5,186 |
| LEASEHOLD IMPROVEMENTS | $28,539 | $28,539 | |
| OFFICE EQUIPMENT | $12,928 | $6,942 | $5,986 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BARNES & THORNBURG LEGAL | CategoryTxt |
| Legal Fees | $185,805 | LegalFeesAmt |
| Net Investment Income | $43,534 | NetInvestmentIncomeAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH HARBOR RECEIVABLE | $350,000 | $350,000 | $350,000 |
| NOTES RECEIVABLE-NCT | $300,000 | $300,000 | $300,000 |
| ACCOUNTS RECEIVABLE-NORTH HARBOR | $898,063 | $898,063 | $898,063 |
| ACCRUED INVESTMENT-RELATED | $1,264,650 | $1,353,008 | $1,353,008 |
| LOAN RECEIVABLE-NHPI | $1,500,000 | $1,500,000 | $1,500,000 |
| DUE FROM NORTH HARBOR | $500,000 | $500,000 | $500,000 |
| INVESTMENT IN NEW CARDINAL TERRACE | $235,090 | $35,090 | $35,090 |
| FEES DUE FROM NORTH HARBOR | $43,525 | $43,525 | $43,525 |
| DUE FROM FEC DIGITAL LLC/DUE FROM FEC HOLDINGS INC | $86,625 | $123,750 | $123,750 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH HARBOR RECEIVABLE | $350,000 | $350,000 | $350,000 |
| NOTES RECEIVABLE-NCT | $300,000 | $300,000 | $300,000 |
| ACCOUNTS RECEIVABLE-NORTH HARBOR | $898,063 | $898,063 | $898,063 |
| ACCRUED INVESTMENT-RELATED | $1,264,650 | $1,353,008 | $1,353,008 |
| LOAN RECEIVABLE-NHPI | $1,500,000 | $1,500,000 | $1,500,000 |
| DUE FROM NORTH HARBOR | $500,000 | $500,000 | $500,000 |
| INVESTMENT IN NEW CARDINAL TERRACE | $235,090 | $35,090 | $35,090 |
| FEES DUE FROM NORTH HARBOR | $43,525 | $43,525 | $43,525 |
| DUE FROM FEC DIGITAL LLC/DUE FROM FEC HOLDINGS INC | $86,625 | $123,750 | $123,750 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH HARBOR RECEIVABLE | $350,000 | $350,000 | $350,000 |
| NOTES RECEIVABLE-NCT | $300,000 | $300,000 | $300,000 |
| ACCOUNTS RECEIVABLE-NORTH HARBOR | $898,063 | $898,063 | $898,063 |
| ACCRUED INVESTMENT-RELATED | $1,264,650 | $1,353,008 | $1,353,008 |
| LOAN RECEIVABLE-NHPI | $1,500,000 | $1,500,000 | $1,500,000 |
| DUE FROM NORTH HARBOR | $500,000 | $500,000 | $500,000 |
| INVESTMENT IN NEW CARDINAL TERRACE | $235,090 | $35,090 | $35,090 |
| FEES DUE FROM NORTH HARBOR | $43,525 | $43,525 | $43,525 |
| DUE FROM FEC DIGITAL LLC/DUE FROM FEC HOLDINGS INC | $86,625 | $123,750 | $123,750 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER MISCELLANEOUS | $21,300 | |
| STRATEGIC PLANNING | $9,177 | |
| COMMUNICATIONS EXPENSE | $7,140 | |
| MAINTENANCE | $4,064 | |
| INSURANCE | $28,871 | |
| INVESTMENT FEES | $141,336 | $141,336 |
| SUPPLIES | $15,591 | |
| POSTAGE & DELIVERY | $3,677 | |
| PROMOTIONS & MARKETING | $54,921 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $997,070 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES-AFLAC,SIT | $8,320 | $6,963 |
| NOTE PAYABLE-FEDERAL HOME LOAN BANK | $500,000 | $500,000 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES-AFLAC,SIT | $8,320 | $6,963 |
| NOTE PAYABLE-FEDERAL HOME LOAN BANK | $500,000 | $500,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| SDMG LLC WEBSITE CONSULTANT | $131,859 |
| MicroEdge, Inc. Gifts maintenance | $21,881 |
| Viola Upshaw cleaning service | $4,744 |
| MORGAN BIRGE COMPUTER CONSULTANTS | $10,840 |
| IUN CONTRACTUAL | $25,402 |
| Various OTHER | $4,165 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PAYROLL TAXES | $28,983 | $2,898 |
| EXCISE TAXES | $3,688 | $3,688 |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| North Harbor LP | ||||||
| 3419 Indiana Harbor Drive | East Chicago | IN | 46312 | 352156991 | N/A | $0 |
| FEC Holdings Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462487908 | CASH | $37,125 |
| North Harbor Property Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 300047909 | N/A | $0 |
| North Harbor Inc | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 352156992 | N/A | $0 |
| New Cardinal Terrace LLC | ||||||
| 100 West Chicago Avenue | East Chicago | IN | 46312 | 462460664 | N/A | $0 |
| FEC Management Inc | ||||||
| 100 W Chicago Ave | East Chicago | IN | 46312 | 462460664 | N/A | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,125 | TotalAmt |