THE OWENS FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE OWENS FOUNDATION (EIN 36-3429160)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-23
- IRS object ID
- 201842049349100609
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-23T12:12:07-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS J DWYER & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 S La Salle St Ste 606 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60605 | 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 | 363429160 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS M AND MARY M OWENS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 7083618845 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7804 COLLEGE DRIVE | AddressLine1Txt |
| City | PALOS HEIGHTS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60463 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY M OWENS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7083618845 | PhoneNum |
| Signature | 2018-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS J DWYER ATTY | PreparerPersonNm |
| PTIN | P01426953 | PTIN |
| Phone | 3127865959 | PhoneNum |
| Preparation | 2018-07-23 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $20,538,911 | 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 |
| Interest On Sav Rev And Expnss | $288,618 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $288,618 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $269,219 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $269,219 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,240,585 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,243,081 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,240,585 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $52,478 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | -$65,046 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$81,125 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,733,376 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,717,297 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $52,478 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $210,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $189,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $21,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $43,128 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $38,815 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $4,313 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,775 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,398 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $377 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,575 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $175 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $65,965 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $65,965 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $26,257 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $26,257 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $40,611 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $18,974 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $1,637 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $22,676 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $20,408 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,268 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,347 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $3,912 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $435 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $61,593 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $51,681 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $9,912 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $480,102 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $419,985 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $40,117 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,157,538 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,157,538 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,637,640 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $419,985 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,197,655 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $95,736 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,297,312 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $52,478 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $668,583 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $190,176 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $190,176 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $8,037,691 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,131,544 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,893,796 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $959,563 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $759,441 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $734,748 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,787,625 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,610,626 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,719,338 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $853 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $853 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $17,453,462 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,692,640 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,538,911 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $17,453,462 | CapitalStockBOYAmt |
| Capital Stock EOY | $17,692,640 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,453,462 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,692,640 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,453,462 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,692,640 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,453,462 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $95,736 | ExcessRevenueOverExpensesAmt |
| Other Increases | $259,587 | OtherIncreasesAmt |
| Subtotal | $17,808,785 | SubtotalAmt |
| Other Decreases | $116,145 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,692,640 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| K-1: TWIN LAKE - SHORT | P | 2017-01-01 | 2017-12-31 | $0 | $0 | $50,985 | -$50,985 | $0 | $0 | $0 | -$50,985 |
| K-1: TWIN LAKE - LONG | P | 2016-01-01 | 2017-12-31 | $0 | $0 | $50,512 | -$50,512 | $0 | $0 | $0 | -$50,512 |
| K-1: BW CO-INVESTMENT PTRS | P | 2016-01-01 | 2017-12-31 | $1,202 | $0 | $0 | $1,202 | $0 | $0 | $0 | $1,202 |
| K-1: BW CAPITAL PARTNERS | P | 2016-01-01 | 2017-12-31 | $631 | $0 | $0 | $631 | $0 | $0 | $0 | $631 |
| K-1: WATERTON RESIDENTIAL | P | 2016-01-01 | 2017-12-31 | $30,729 | $0 | $0 | $30,729 | $0 | $0 | $0 | $30,729 |
| K-1: HARBORWALK OPPORTUNISTIC | P | 2017-01-01 | 2017-12-31 | $0 | $0 | $4,508 | -$4,508 | $0 | $0 | $0 | -$4,508 |
| K-1: HARBORWALK OPPORTUNISTIC | P | 2016-01-01 | 2017-12-31 | $11,010 | $0 | $0 | $11,010 | $0 | $0 | $0 | $11,010 |
| BNY MELLON (4120) - LONG | P | 2016-01-01 | 2017-12-31 | $400,000 | $0 | $411,796 | -$11,796 | $0 | $0 | $0 | -$11,796 |
| BNY MELLON (4110) - SHORT | P | 2017-01-01 | 2017-12-31 | $2,469,415 | $0 | $2,361,444 | $107,971 | $0 | $0 | $0 | $107,971 |
| BNY MELLON (4110) - LONG | P | 2016-01-01 | 2017-12-31 | $4,330,094 | $0 | $3,123,251 | $1,206,843 | $0 | $0 | $0 | $1,206,843 |
| BNY MELLON (4110) - SHORT | P | 2017-01-01 | 2017-12-31 | $1,000,000 | $0 | $1,000,000 | $0 | $0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,240,585 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $52,478 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,229,755 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $18,799,584 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.065414 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,357,850 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $20,169,471 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.067322 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,332,565 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $21,266,156 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.062661 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,277,953 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $20,176,639 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.112901 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,176,233 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $27,003,308 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.043559 | DistributionYr5Rt |
| Total Distribution | 0.351857 | TotalDistributionRt |
| Average Distribution | 0.070371 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $19,852,474 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,397,038 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,973 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,410,011 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,197,655 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,946 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $25,946 | SubtotalAmt |
| Tax Based On Investment Income | $25,946 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $20,000 | OriginalReturnTaxPaidAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $5,946 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MARY M OWENS PRESIDENT | IndividualWithBooksNm |
| Phone | 7083618845 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7804 COLLEGE DRIVE | AddressLine1Txt |
| City | PALOS HEIGHTS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60463 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| MARY M OWENS | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | PRES SEC DIR | 5.00 | $0 | $0 | $0 |
| THOMAS M OWENS | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | VP TREAS DIR | 30.00 | $0 | $0 | $0 |
| THOMAS M OWENS JR | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| MICHAEL OWENS | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 25.00 | $60,000 | $0 | $0 |
| JULIE OWENS MINEMAN | ||||||||
| 7804 COLLEGE DRIVE | EVERGREEN PARK | IL | 60463 | DIRECTOR | 35.00 | $120,000 | $21,564 | $0 |
| SHARON OWENS | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 10.00 | $30,000 | $21,564 | $0 |
| KATIE M MULCAHY | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BNY MELLON WEALTH MANAGEMENT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORTH FRANKLIN STREET SUITE 900 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORS | ServiceTypeTxt |
| Compensation | $65,965 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Expenses2 | $0 | Expenses2Amt |
| Expenses3 | $0 | Expenses3Amt |
| Expenses4 | $0 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,056,446 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $100,641 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $997,709 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,154,796 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $20,154,796 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $302,322 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,852,474 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $992,624 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $992,624 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,946 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,946 | TotalTaxAmt |
| Distributable Before Adj | $966,678 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $966,678 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $966,678 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,197,655 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,197,655 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,197,655 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $966,678 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $592,996 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $292,092 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $370,466 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,229,755 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,485,309 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,197,655 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $1,197,655 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $966,678 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $966,678 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,716,286 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,716,286 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $288,876 | ExcessFromYear2Amt |
| Excess From Year1 | $1,229,755 | ExcessFromYear1Amt |
| Excess From Current Year | $1,197,655 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | THOMAS M OWENS | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| SEE ATTACHED | ||||||
| STATEMENT | PALOS HEIGHTS | IL | 60463 | 501(c)(3) | GENERAL | $1,156,190 |
| BW CO-INVESTMENT PARTNERS LLC (FEIN 26-1400867) | ||||||
| 900 N MICHIGAN AVENUE | CHICAGO | IL | 60611 | 501(c)(3) | GENERAL | $1,348 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,157,538 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $288,618 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $269,219 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,240,585 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (8 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PAYROLL TAX REFUND | 14 | $48 |
| 2015 F. 990-PF, TAX REFUND | 14 | $8,086 |
| BNY x4110 - NON-DIVIDEND DISTRIBUTIONS | 14 | $7,945 |
| TWIN LAKE TOT. RET. QP | 14 | -$71,132 |
| BW CO-INVESTMENT PARTNERS, LLC | 14 | -$518 |
| BW CAPITAL PARTNERS, LP | 14 | -$11,504 |
| WATERTON RESIDENTIAL LP | 14 | $2,028 |
| HARBORWALK OPPORTUNITIES | 14 | $1 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,733,376 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,733,376 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MCGREAL & COMPANY, PC. ACCOUNTING/PAYROLL | CategoryTxt |
| Amt | $1,750 | Amt |
| Net Investment Income | $1,575 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $175 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (11 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| VARIOUS | ||||||
| BNY MELLON (X4110) - SHORT | 2017-01 | Purchased | 2017-12 | $2,469,415 | $2,361,444 | $107,971 |
| VARIOUS | ||||||
| BNY MELLON (X4110) - LONG | 2016-01 | Purchased | 2017-12 | $4,330,094 | $3,123,251 | $1,206,843 |
| VARIOUS | ||||||
| BNY MELLON (X4120) - LONG | 2016-01 | Purchased | 2017-12 | $400,000 | $411,796 | -$11,796 |
| VARIOUS | ||||||
| K-1 TWIN LAKE TOTAL RETURN(FEIN: 30-0159993)-SHORT | 2017-01 | Purchased | 2017-12 | $50,985 | -$50,985 | |
| VARIOUS | ||||||
| K-1 TWIN LAKE TOTAL RETURN(FEIN:30-0159993)-LONG | 2016-01 | Purchased | 2017-12 | $50,512 | -$50,512 | |
| VARIOUS | ||||||
| K-1 BW CO-INVESTMENT PARTNERS(FEIN 26-1400867)-LONG | 2016-01 | Purchased | 2017-12 | $1,202 | $1,202 | |
| VARIOUS | ||||||
| K-1 BW CAPITAL PARTNERS(FEIN 20-5849656) LONG | 2016-01 | Purchased | 2017-12 | $631 | $631 | |
| VARIOUS | ||||||
| K-1 WATERTON RESIDENTIAL PROPERTY VENTURE XII(FEIN 46-3385708) LONG | 2016-01 | Purchased | 2017-12 | $30,729 | $30,729 | |
| VARIOUS | ||||||
| K-1 HARBORWALK OPPORTUNISTIC (FEIN 26-2458774) SHORT | 2017-01 | Purchased | 2017-12 | $4,508 | -$4,508 | |
| VARIOUS | ||||||
| K-1 HARBORWALK OPPORTUNISTIC (FEIN 26-2458774) LONG | 2016-01 | Purchased | 2017-12 | $11,010 | $11,010 | |
| (no name) | ||||||
| BNY MELLON(X4110) - MLP - SHORT | 2017-01 | Purchased | 2017-12 | $1,000,000 | $1,000,000 | |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BNY MELLON WEALTH MANAGEMENT (10189004120) | BondNm |
| EOY Book Value | $759,441 | EOYBookValueAmt |
| EOYFMV | $734,748 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | BNY MELLON WEALTH MANAGEMENT (10189004110) | StockNm |
| EOY Book Value | $8,131,544 | EOYBookValueAmt |
| EOYFMV | $10,893,796 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| TWIN LAKE TOTAL RETURN QP PARTNERS, LP (FEIN: 30-0159993) | $4,972,318 | $4,955,682 |
| BW CO-INVESTMENT PARTNERS, LLC (FEIN: 26-1400867) | $190,946 | $308,758 |
| BW CAPITAL PARTNERS, LP (FEIN: 20-5849656) | $581,146 | $583,003 |
| WATERTON RESIDENTIAL PROPERTY VENTURE XII, LP (FEIN: 46-3385708) | $1,129,906 | $1,129,906 |
| PLATINUM TAX EXEMPT | $500,000 | $525,944 |
| FIXED INCOME (BNY X 4120) | $700,000 | $700,000 |
| HARBORWALK | $536,310 | $516,045 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | THOMAS J. DWYER & ASSOC., INC. LEGAL/TAX PREPARATION | CategoryTxt |
| Legal Fees | $3,775 | LegalFeesAmt |
| Net Investment Income | $3,398 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $377 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES RECEIVABLE | Desc |
| EOY Book Value | $853 | EOYBookValueAmt |
| EOYFMV | $853 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES RECEIVABLE | Desc |
| EOY Book Value | $853 | EOYBookValueAmt |
| EOYFMV | $853 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES RECEIVABLE | Desc |
| EOY Book Value | $853 | EOYBookValueAmt |
| EOYFMV | $853 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BW CO-INVESTMENT PARTNERS, LLC (FEIN: 26-1400867) | $116,078 |
| UNREALIZED LOSS ON INVESTMENT | $67 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| REGISTRATION FEES | $8,437 | $8,437 | |
| COMPUTER & SOFTWARE | $2,574 | $257 | $2,317 |
| OFFICE SUPPLIES | $679 | $68 | $611 |
| POSTAGE & MAILING | $1,105 | $110 | $995 |
| TELECOMMUNICATIONS | $3,650 | $365 | $3,285 |
| INSURANCE | $755 | $75 | $680 |
| INVESTMENT EXPENSE | $38,393 | $38,393 | |
| CONSULTING FEES | $6,000 | $600 | $5,400 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PAYROLL TAX REFUND | $48 | |
| 2016 F. 990-PF, TAX REFUND | $8,086 | |
| BNY x4110 - NON-DIVIDEND DISTRIBUTIONS | $7,945 | |
| TWIN LAKE TOT. RET. QP | -$71,132 | -$71,132 |
| BW CO-INVESTMENT PARTNERS, LLC | -$518 | -$518 |
| BW CAPITAL PARTNERS, LP | -$11,504 | -$11,504 |
| WATERTON RESIDENTIAL LP | $2,028 | $2,028 |
| HARBORWALK OPPORTUNITIES | $1 | $1 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| TWIN LAKE TOTAL RETURN QP PARTNERS, LP (FEIN: 30-0159993) | $135,274 |
| WATERTON RESIDENTIAL (FEIN: 46-3385708) | $82,308 |
| HARBORWALK OPPORTUNITIES(FEIN:26-2458774) | $32,634 |
| BW CAPITAL PARTNERS, LP (FEIN: 20-5849656) | $9,371 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BNY MELLON WEALTH MANAGEMENT (-4120) INVESTMENT | $6,371 | $6,371 |
| BNY MELLON WEALTH MANAGEMENT (-4110) INVESTMENT | $59,594 | $59,594 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $16,065 | $14,459 | $1,606 |
| 2017 AG990-IL | $10 | $10 | |
| 2017 F. 990-PF, 1Q PYMT. | $20,000 | ||
| FOREIGN TAXES PAID | $4,322 | $4,322 | |
| OTHER TAXES | $214 | $193 | $21 |