WILEMON FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- WILEMON FOUNDATION INC (EIN 64-0923957)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-13
- IRS object ID
- 201501339349101260
- Schema version
- 2014v5.0
- Note
- A later return for the same period supersedes this one.
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T09:44:23-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 640760834 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAIL MCKINNEY PROFESSIONAL ASSOCIATION | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 196 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 388020196 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640923957 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILEMON FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1220 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHONDA W HOUSER | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Signature | 2015-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LINDA L CRAWFORD CPA | PreparerPersonNm |
| PTIN | P00101030 | PTIN |
| Phone | 6628426475 | PhoneNum |
| Preparation | 2015-05-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,311,556 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $37,545 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $37,545 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $37,545 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $380,977 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $380,977 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $380,977 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | -$130,587 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$419,072 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,697,162 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $112,969 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$182,477 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | -$182,477 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | -$183,027 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $531,491 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $236,045 | TotalAdjNetIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $94,686 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $94,686 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $94,686 | OthEmplSlrsWgsAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $37,454 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $37,454 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $37,454 | LegalFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $26,574 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $26,574 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $26,574 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $100,255 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $100,255 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $100,255 | TaxesAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $403,212 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $403,212 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $403,212 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $662,181 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $662,181 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $662,181 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,600,351 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,600,351 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,262,532 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $662,181 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $662,181 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,600,351 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,445,559 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $950,140 | CashBOYAmt |
| Cash EOY | $798,951 | CashEOYAmt |
| Cash EOYFMV | $798,951 | CashEOYFMVAmt |
| Corporate Stock BOY | $184,245 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,030,326 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,946,473 | CorporateStockEOYFMVAmt |
| Land Bldg Investments BOY | $10,008,167 | LandBldgInvestmentsBOYAmt |
| Other Assets EOY | $4,862,022 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,566,132 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,142,552 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,691,299 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,311,556 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,694 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $5,694 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $11,136,858 | UnrestrictedBOYAmt |
| Unrestricted EOY | $8,691,299 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,136,858 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,691,299 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,142,552 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,691,299 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,136,858 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,445,559 | ExcessRevenueOverExpensesAmt |
| Subtotal | $8,691,299 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $8,691,299 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $112,969 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $23,400 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $11,211,929 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.002087 | DistributionYr1Rt |
| Total Distribution | 0.002087 | TotalDistributionRt |
| Average Distribution | 0.002087 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $8,874,618 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $18,521 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $18,521 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,600,351 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
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 | MS | OrgReportOrRegisterStateCd |
| 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 | BANCORPSOUTH TRUST DEPT | IndividualWithBooksNm |
| Phone | 6626802000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 789 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHONDA W HOUSER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1220 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | DIRECTOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 0.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,569,086 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $874,546 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,566,132 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,009,764 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $9,009,764 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $135,146 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,874,618 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $443,731 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $443,731 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $443,731 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $443,731 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $443,731 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,600,351 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,600,351 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,600,351 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $443,731 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $537,196 | UndistributedIncomePYAmt |
| Qualifying Distributions | $1,600,351 | QualifyingDistributionsAmt |
| Applied To Year1 | $537,196 | AppliedToYear1Amt |
| Applied To Current Year | $443,731 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $619,424 | RemainingDistriFromCorpusAmt |
| Total Corpus | $619,424 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $619,424 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $619,424 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| WILDWOOD BAPTIST CHURCH | ||||||
| 2280 W JACKSON STREET | 2280 W JACKSON STREET | TUPELO | MS | 38801 | RELIGIOUS/CHARITABLE | $9,600 |
| HARVESTIME MINISTRIES | ||||||
| P O BOX 3064 | P O BOX 3064 | TUPELO | MS | 388033064 | RELIGIOUS/CHARITABLE | $9,600 |
| JACK VAN IMPE MINISTRIES | ||||||
| P O BOX 7004 | P O BOX 7004 | TROY | MI | 48007 | RELIGIOUS/CHARITABLE | $1,200 |
| INTERNATIONAL FLSP CHRST & JEWS | ||||||
| P O BOX 96105 | P O BOX 96105 | WASHINGTON | DC | 200906105 | RELIGIOUS/CHARITABLE | $1,200 |
| ST JUDE CHILDRENS RESEARCH HOSPITAL | ||||||
| P O BOX 50 | P O BOX 50 | MEMPHIS | TN | 381019929 | RELIGIOUS/CHARITABLE | $1,200 |
| MORE MINISTRIES | ||||||
| P O BOX 1695 | P O BOX 1695 | OLIVE BRANCH | MS | 386541695 | RELIGIOUS/CHARITABLE | $1,200 |
| BEREAN BAPTIST CHURCH | ||||||
| 517 GLENSFORD DRIVE | 517 GLENSFORD DRIVE | FAYETTEVILLE | NC | 28314 | RELIGIOUS/CHARITABLE | $1,200 |
| WHEELER GROVE BAPTIST CHURCH | ||||||
| 21 CR 519 | 21 CR 519 | CORINTH | MS | 38834 | RELIGIOUS/CHARITABLE | $1,200 |
| CREATE FOUNDATION | ||||||
| PO BOX 1053 | PO BOX 1053 | TUPELO | MS | 38802 | RELIGIOUS/CHARITABLE | $415,222 |
| CREATE FOUNDATION | ||||||
| PO BOX 1053 | PO BOX 1053 | TUPELO | MS | 38802 | RELIGIOUS/CHARITABLE | $1,158,729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,600,351 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $37,545 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$130,587 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $112,969 | ExclusionAmt |
| Related Or Exempt Function Incm | -$532,041 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| RENTAL INCOME FROM PASS THRU | 1 | -$113,273 |
| SECTION 1231 LOSS | 1 | -$69,204 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$31,963 | ExclusionAmt |
| Related Or Exempt Function Incm | -$662,628 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$694,591 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 5B | LineNumberTxt |
| Relationship Statement | ASSETS HELD FOR RENTAL AND SALE TO PROVIDE FUNDING FOR CHARITABLE AND RELIGIOUS PURPOSES. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (29 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|---|---|---|
| 1510 GLOSTER STREET(OLD OFICE) | 2012-09 | PURCHASE | 2014-07 | $94,750 | $130,170 | -$29,301 | $6,119 |
| LAND-1510 GLOSTER STREET(OLD OFICE) | 2012-09 | PURCHASE | 2014-07 | $57,350 | $75,000 | -$17,650 | |
| LAND-FEEMSTER LAKE ROAD | 2012-09 | PURCHASE | 2014-07 | $5,391 | $7,500 | -$2,109 | |
| 514 FEEMSTER LAKE ROAD | 2012-09 | PURCHASE | 2014-07 | $47,660 | $71,160 | -$18,756 | $4,744 |
| LAND-514 FEEMSTER LAKE ROAD | 2012-09 | PURCHASE | 2014-07 | $12,938 | $18,000 | -$5,062 | |
| 514 1/2 FEEMSTER LAKE | 2012-09 | PURCHASE | 2014-07 | $47,660 | $71,160 | -$18,756 | $4,744 |
| LAND-514 1/2 FEEMSTER LAKE | 2012-09 | PURCHASE | 2014-07 | $12,938 | $18,000 | -$5,062 | |
| FEEMSTER LAKE ROAD LOT 1 | 2012-09 | PURCHASE | 2014-07 | $46,789 | $69,860 | -$18,414 | $4,657 |
| LAND-FEEMSTER LAKE ROAD LOT 1 | 2012-09 | PURCHASE | 2014-07 | $10,781 | $15,000 | -$4,219 | |
| FEEMSTER LAKE ROAD LOT 2 | 2012-09 | PURCHASE | 2014-07 | $51,792 | $77,330 | -$20,383 | $5,155 |
| LAND-FEEMSTER LAKE ROAD LOT 2 | 2012-09 | PURCHASE | 2014-07 | $10,781 | $15,000 | -$4,219 | |
| FEEMSTER LAKE ROAD LOT 3 | 2012-09 | PURCHASE | 2014-07 | $51,792 | $77,330 | -$20,383 | $5,155 |
| LAND-FEEMSTER LAKE ROAD LOT 3 | 2012-09 | PURCHASE | 2014-07 | $10,781 | $15,000 | -$4,219 | |
| FEEMSTER LAKE ROAD LOT 4 SUBDIVISION | 2012-09 | PURCHASE | 2014-07 | $34,653 | $51,740 | -$13,638 | $3,449 |
| LAND-FEEMSTER LAKE ROAD SUBDIVISION | 2012-09 | PURCHASE | 2014-07 | $12,938 | $18,000 | -$5,062 | |
| FEEMSTER LAKE ROAD LOT 4 | 2012-09 | PURCHASE | 2014-07 | $46,789 | $69,860 | -$18,414 | $4,657 |
| LAND-FEEMSTER LAKE ROAD LOT 4 | 2012-09 | PURCHASE | 2014-07 | $10,781 | $15,000 | -$4,219 | |
| FEEMSTER LAKE ROAD LOT 5 | 2012-09 | PURCHASE | 2014-07 | $46,789 | $69,860 | -$18,414 | $4,657 |
| LAND-FEEMSTER LAKE ROAD LOT 5 | 2012-09 | PURCHASE | 2014-07 | $10,781 | $15,000 | -$4,219 | |
| FEEMSTER LAKE ROAD LOT 6 | 2012-09 | PURCHASE | 2014-07 | $46,789 | $69,860 | -$18,414 | $4,657 |
| LAND-FEEMSTER LAKE ROAD LOT 6 | 2012-09 | PURCHASE | 2014-07 | $10,781 | $15,000 | -$4,219 | |
| LAND-635 MCNEECE LOT 20 | 2012-09 | PURCHASE | 2014-03 | $16,684 | $20,000 | -$3,316 | |
| 658 MCNEECE LOT33 | 2012-09 | PURCHASE | 2014-03 | $73,999 | $96,700 | -$17,426 | $5,275 |
| 860 MCNEECE LOT 45 | 2012-09 | PURCHASE | 2014-04 | $73,036 | $87,390 | -$9,322 | $5,032 |
| LAND-860 MCNEECE LOT 45 | 2012-09 | PURCHASE | 2014-04 | $17,938 | $20,000 | -$2,062 | |
| PECAN ROW DUPLEXES | 2013-04 | PURCHASE | 2014-07 | $549,990 | $795,780 | -$209,618 | $36,172 |
| LAND AT PECAN ROW | 2013-04 | PURCHASE | 2014-07 | $101,528 | $140,000 | -$38,472 | |
| BANCORPSOUTH BANK | 2013-03 | PURCHASE | 2014-01 | $32,312 | $31,580 | $732 | |
| BANCORPSOUTH BANK | 2013-03 | PURCHASE | 2014-07 | $37,002 | $34,427 | $2,575 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EQUITIES | $2,219,039 | $2,142,353 |
| FIXED INCOME SECURITIES | $811,287 | $804,120 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| LEGAL FEES | $22,601 | $22,601 | $22,601 |
| LEGAL FEES | $12,017 | $12,017 | $12,017 |
| R J WILEMON LLC | $2,836 | $2,836 | $2,836 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN R.J. WILEMON LLC | Desc |
| EOY Book Value | $4,862,022 | EOYBookValueAmt |
| EOYFMV | $6,566,132 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| R J WILEMON LLC | |||
| ADVERTISING | $152 | $152 | $152 |
| INSURANCE | $18,873 | $18,873 | $18,873 |
| REPAIRS | $53,085 | $53,085 | $53,085 |
| SUPPLIES | $186 | $186 | $186 |
| UTILITIES | $11,380 | $11,380 | $11,380 |
| SUBCONTRACT | $134,055 | $134,055 | $134,055 |
| REALTOR | $1,021 | $1,021 | $1,021 |
| AUTO/TRUCK & TRAILER | $9,215 | $9,215 | $9,215 |
| CREDIT AND COLLECTION | $104 | $104 | $104 |
| DUES AND SUBSCRIPTIONS | $4,150 | $4,150 | $4,150 |
| OFFICE EXPENSE | $7,139 | $7,139 | $7,139 |
| PEST CONTROL | $4,813 | $4,813 | $4,813 |
| POSTAGE | $533 | $533 | $533 |
| TELEPHONE | $5,823 | $5,823 | $5,823 |
| MISCELLANEOUS | $842 | $842 | $842 |
| INVESTMENT DEPRECIATION | $151,841 | $151,841 | $151,841 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| RENTAL INCOME FROM PASS THRU | -$113,273 | -$113,273 |
| SECTION 1231 LOSS | -$69,204 | -$69,204 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| TRUSTEE FEES | $9,619 | $9,619 | $9,619 |
| ACCOUNTING/PAYPAL | $11,169 | $11,169 | $11,169 |
| R J WILEMON LLC | $5,786 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FOREIGN TAXES | $525 | $525 | $525 |
| R J WILEMON LLC | $99,730 |