MACHIAS SAVINGS BANK COMMUNITY DEVELOPMENT FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- MACHIAS SAVINGS BANK COMMUNITY DEVELOPMENT FOUNDATION (EIN 01-0514175)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-04-12
- IRS object ID
- 201801029349100605
- 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
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-04-12T11:48:20-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | 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 | 010514175 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Machias Savings Bank Community | BusinessNameLine1Txt |
| Business Name Line2 | Development Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MACH | BusinessNameControlTxt |
| Phone | 2072553347 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 318 | AddressLine1Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04654 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Donald E Reynolds | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2072553347 | PhoneNum |
| Signature | 2018-03-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicholas E Porto | PreparerPersonNm |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2018-03-28 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.105.168.164 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-03-28 | IPDt |
| IP Tm | 14:41:08 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7956DCE8EE794A0144A348B5C7569319D22E59F0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1CD962926C5A7A4DD4293502698160C81180D05A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,275,257 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,444,477 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $8,410 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,410 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $23,543 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $23,543 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $978,810 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,204,120 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $978,810 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,455,240 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,010,763 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $10,000 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $137,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $137,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $147,500 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $137,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,307,740 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,010,763 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $14,451 | CashBOYAmt |
| Cash EOY | $125,359 | CashEOYAmt |
| Cash EOYFMV | $125,359 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $563,990 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,541,655 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,541,655 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $67,875 | CorporateStockBOYAmt |
| Corporate Stock EOY | $288,783 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,608,243 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $646,316 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,955,797 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,275,257 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $679,713 | CapitalStockBOYAmt |
| Capital Stock EOY | $646,316 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$33,397 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,309,481 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $646,316 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,955,797 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $646,316 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,955,797 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $646,316 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,307,740 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,954,056 | SubtotalAmt |
| Other Decreases | $1,998,259 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,955,797 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Gross Sales Price | $1,204,120 | GrossSalesPriceAmt |
| Cost Or Other Basis | $225,310 | CostOrOtherBasisAmt |
| Gain Or Loss | $978,810 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $978,810 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $978,810 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $55,771 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,044,421 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053399 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $29,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,033,222 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.028068 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $44,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,051,447 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.041847 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $47,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,019,018 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046123 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $58,764 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $999,794 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.058776 | DistributionYr5Rt |
| Total Distribution | 0.228213 | TotalDistributionRt |
| Average Distribution | 0.045643 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,201,215 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $100,470 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $10,108 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $110,578 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $137,500 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $10,108 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,108 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,108 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,271 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $10,271 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $163 | OverpaymentAmt |
| Applied To ES Tax | $163 | 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 | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Donald E Reynolds | IndividualWithBooksNm |
| Phone | 2072553347 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Machias Savings Bank 4 Center St | AddressLine1Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 046540318 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|
| Lawrence L Barker | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Robert W Foster | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Brent K Hartley | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Thomas A Michaud | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Edward L Hennessey Jr | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director/President | 0.20 | $0 | $0 | $0 |
| Donald E Reynolds | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director/Treasurer | 0.20 | $0 | $0 | $0 |
| Zachary Means | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| LuAnn Ballesteros | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Telford Allen III | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $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 | $563,510 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,671,226 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,234,736 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,234,736 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,521 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,201,215 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $110,061 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $110,061 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,108 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,108 | TotalTaxAmt |
| Distributable Before Adj | $99,953 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $99,953 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $99,953 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $137,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $137,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $10,108 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $127,392 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $99,953 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $11,713 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $137,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $11,713 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $99,953 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $25,834 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $25,834 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $25,834 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $25,834 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Lawrence L Barker President | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 318 | AddressLine1Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2072553347 | RecipientPhoneNum |
| Form And Info And Materials | Letter of application describing the nature and amount of the request, including any related business plans or projections. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | Awards generally limited to charitable development organizations located in or benefiting eastern Maine. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Adopt-A-Block of Aroostook | ||||||||
| PO Box 517 | Houlton | ME | 04730 | N/A | PC | Program Support Grant | $2,000 | |
| Agricultural Wild Blueberry Heritage Center & Virtual Museum | ||||||||
| 1067 US Highway 1 PO Box 2 | Columbia | ME | 04623 | N/A | PC | Program Support Grant | $2,500 | |
| Arise Addiction Recovery | ||||||||
| PO Box 353 | Machias | ME | 04654 | N/A | PC | Facilities Grant | $5,000 | |
| Aroostook County Action Program | ||||||||
| PO Box 1116 | Presque Isle | ME | 04769 | N/A | PC | Program Support Grant | $5,000 | |
| Cobscook Learning Center | ||||||||
| 10 Commissary Point Road | Trescott | ME | 04652 | N/A | PC | Facilities Grant | $2,000 | |
| Down East Community Hospital | ||||||||
| 11 Hospital Way | Machias | ME | 04654 | N/A | PC | Facilities Grant | $25,000 | |
| EMHS Foundation | ||||||||
| One Cumberland Place Suite 300 PO | Bangor | ME | 04402 | N/A | PC | Facilities grant | $25,000 | Box 931 |
| Families First Community Center | ||||||||
| PO Box 951 | Ellsworth | ME | 04605 | N/A | PC | Facilities Grant | $5,000 | |
| Family Crisis Services | ||||||||
| PO Box 704 | Portland | ME | 04104 | N/A | PC | Facilities Grant | $5,000 | |
| Herring Cut Learning Center | ||||||||
| PO Box 286 | Port Clyde | ME | 04855 | N/A | PC | Program Support Grant | $2,500 | |
| Housing Authority of the City of Old Town | ||||||||
| PO Box 404 | Old Town | ME | 04468 | N/A | GOV | Program Support Grant | $7,500 | |
| Immigrant Legal Advocacy Project | ||||||||
| PO Box 17917 | Portland | ME | 04112 | N/A | PC | Program Support Grant | $6,000 | |
| Machias School Department | ||||||||
| 291 Court Street | Machias | ME | 04654 | N/A | GOV | Facilities Grant | $30,000 | |
| Maine Seacoast Mission | ||||||||
| 127 West Street | Bar Harbor | ME | 04609 | N/A | PC | Program Support Grant | $2,500 | |
| Mainestream Finance | ||||||||
| PO Box 1162 | Bangor | ME | 04402 | N/A | PC | Program Support Grant | $7,500 | |
| MHC Inc | ||||||||
| 46 Summer Street | Rockland | ME | 04841 | N/A | PC | Program Support Grant | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $137,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,410 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $23,543 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $978,810 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,010,763 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,010,763 | 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 |
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 | Machias Savings Bank | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 318 | AddressLine1Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,444,477 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 21,000 shs BHB, 6,600 shs CAC, 49,328 shs FNLC | NoncashPropertyDesc |
| Fair Market Value | $2,444,477 | FairMarketValueAmt |
| Received | 2017-01-10 | ReceivedDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 2,632 Shares AT&T Inc. | $9,552 | $102,332 |
| 3,000 Shares General Electric | $2,840 | $52,350 |
| 975 Shares Proctor & Gamble | $4,989 | $89,583 |
| 2,564 Shares Du Pont | $17,200 | $182,608 |
| 500 Shares Citigroup | $33,294 | $37,205 |
| 284 Shares Travelers Companies Inc. | $0 | $38,522 |
| 400 Shares Chemours Company | $0 | $20,024 |
| 15,000 Shares Bar Harbor Bankshares | $45,000 | $405,150 |
| 3,225 Shares Camden National Corporation | $25,248 | $135,869 |
| 20,000 Shares First Bancorp Inc. | $150,660 | $544,600 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Book Value Adjustment for Donated Securities | Desc |
| Amt | $1,998,259 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Tax | CategoryTxt |
| Amt | $10,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |