LOGAN HEALTHCARE FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- LOGAN HEALTHCARE FOUNDATION INC (EIN 20-1337361)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-07-13
- IRS object ID
- 201531949349100503
- Schema version
- 2014v5.0
- 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
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-07-13T10:50:11-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 550486667 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Arnett Carbis Toothman LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 2629 | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25329 | 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 | 201337361 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Logan Healthcare Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOGA | BusinessNameControlTxt |
| Phone | 3043104705 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Airport Road | AddressLine1Txt |
| City | Chapmanville | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25508 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Earles | PersonNm |
| Person Title | Vice President | PersonTitleTxt |
| Phone | 3043104705 | PhoneNum |
| Signature | 2015-07-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Harry C Harless | PreparerPersonNm |
| PTIN | P01042847 | PTIN |
| Phone | 3043460441 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,564,165 | 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 | $100,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,137 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,137 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $315,649 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $315,649 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $16,154 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $16,154 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $15,474 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $728,790 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,655,204 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $728,790 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,161,730 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,061,730 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $115,426 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,154 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $114,272 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $26,155 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $262 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $25,893 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $10,177 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $102 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,075 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,337 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $303 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $30,034 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $45,015 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $45,015 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,187 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $21,153 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10,034 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,811 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $6,343 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $6,743 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,322 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,322 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $18,301 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $680 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18,401 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $291,074 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $68,669 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $218,774 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $350,609 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $351,109 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $641,683 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $68,669 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $569,883 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $520,047 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $993,061 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $161,810 | CashBOYAmt |
| Cash EOY | $110,430 | CashEOYAmt |
| Cash EOYFMV | $110,430 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $688,759 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $687,369 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $687,369 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,236 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,214 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,236 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,236 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $2,178 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $3,684 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $3,684 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $7,199,120 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,093,999 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,093,999 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,960,689 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,753,579 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,753,579 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $916,389 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,096 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $738,918 | LandBOYAmt |
| Land EOY | $911,293 | LandEOYAmt |
| Land EOYFMV | $911,293 | LandEOYFMVAmt |
| Other Assets BOY | $2,105 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,575 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,575 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,754,793 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,564,165 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,564,165 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $146,676 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $183,506 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $190,332 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $183,506 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $337,008 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $11,571,287 | RetainedEarningBOYAmt |
| Retained Earning EOY | $11,227,157 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,571,287 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,227,157 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,754,793 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,564,165 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,571,287 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $520,047 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $12,091,334 | SubtotalAmt |
| Other Decreases | $864,177 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,227,157 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Publicly Traded Securities | $4,493,987 | $3,926,414 | $567,573 | $567,573 | |
| Capital Gains Dividends | $161,217 | $161,217 | $161,217 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $728,790 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $475,803 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $10,592,273 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.044920 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $497,563 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $10,605,518 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046915 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $453,318 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $10,712,753 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042316 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $574,315 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,713,029 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.053609 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $578,744 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $10,452,621 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.055368 | DistributionYr5Rt |
| Total Distribution | 0.243128 | TotalDistributionRt |
| Average Distribution | 0.048626 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $10,738,336 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $522,162 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,931 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $532,093 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $584,655 | 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 | $9,931 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,931 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,931 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,810 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $3,609 | AppliedToEsTaxAmt |
| Total Payments And Credits | $12,419 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1 | EsPenaltyAmt |
| Overpayment | $2,487 | OverpaymentAmt |
| Applied To ES Tax | $2,487 | 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 | WV | 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 | John N Christodoulou | IndividualWithBooksNm |
| Phone | 3043104705 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Airport Road | AddressLine1Txt |
| City | Chapmanville | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25508 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| Roger McGrew | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | Chairman | 0.50 | $0 | $0 | $0 |
| John Earles | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | President | 40.00 | $106,000 | $9,426 | $0 |
| Judith McCormick | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | Secretary | 0.50 | $0 | $0 | $0 |
| Charles Justice | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | Assistant Secretary | 0.50 | $0 | $0 | $0 |
| Ed Napier | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | Director | 0.50 | $0 | $0 | $0 |
| Anita Amburgey | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | Director | 0.50 | $0 | $0 | $0 |
| Bob Whitler | ||||||||
| 400 Airport Road | Chapmanville | WV | 25508 | Director | 0.50 | $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 | $10,827,833 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $206,011 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,033,844 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,033,844 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $295,508 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,738,336 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $536,917 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $536,917 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,931 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,931 | TotalTaxAmt |
| Distributable Before Adj | $526,986 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $500 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $527,486 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $527,486 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $569,883 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $14,772 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $584,655 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $9,931 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $574,724 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $527,486 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $514,074 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $584,655 | QualifyingDistributionsAmt |
| Applied To Year1 | $514,074 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $70,581 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $456,905 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | President of the Board of Directors | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Airport Road | AddressLine1Txt |
| City | Chapmanville | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3043104705 | RecipientPhoneNum |
| Form And Info And Materials | Application information is available on the Foundation's website www.loganhealthcare.com. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | No later than October 2 of the current year for calendar year funding. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Restricted to the geographic service area formerly served by the Logan General Hospital and the residents of Logan, Boone, Lincoln, Mingo, and Wyoming counties in southern West Virginia. Additional information on restrictions is available on the Foundation's website www.loganhealthcare.com. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Christian Help Inc | |||||||
| PO Box 1257 | Kermit | WV | 25674 | N/A | Other public charity | To fund the Christian Help Transit Service used to provide a demand-response transit program to doctors, clinics and hospitals and related services for people who lack transportation in Logan and Mingo Counties of WV. | $65,000 |
| Kanawha Valley Fellowship Home | |||||||
| 1121 Virginia St East | Charleston | WV | 25301 | N/A | Other public charity | To provide funds to support the "Recovery Dynamics Program" for in-patient recovery and educational treatment protocol used in the rehabilitation of recovering alcoholics and drug abusers. | $16,500 |
| Larry Joe Harless Community Center | |||||||
| 202 Larry Joe Harless Drive | Gilbert | WV | 25621 | N/A | Other public charity | To fund individual physical improvement "Summer Day Camps" and "After School Program" through the purchase of pediatric fitness equipment and associated personnel costs for the implementation and operation of these programs. | $18,160 |
| Logan County Child Advocacy Center | |||||||
| PO Box 308 | Logan | WV | 25601 | N/A | Other public charity | To help the organization serve the neglected and abused children in southern West Virginia by providing salary and general operations funding for the Center. | $37,822 |
| The Stop Coalition | |||||||
| PO Box 1385 | Gilbert | WV | 25621 | N/A | Other public charity | To support the operation of a Crossroads Recovery Home for women who are recovering from long-term substance addictions and to expand services to include transportation for residents to health care and related facilities as necessary. | $37,000 |
| WV Health Right Inc | |||||||
| 1520 Washington St | Charleston | WV | 25311 | N/A | Other public charity | To fund new vision equipment and allow for expanded vision care services to low income, uninsured, and/or medically underserved southern West Virginia Residents. | $33,843 |
| Chief Logan Rec Center | |||||||
| PO Box 809 | Logan | WV | 25601 | N/A | Other public charity | To support the Chief Logan Recreational Center "Fit for Life Wellness Program" and to support replacing and upgrading physical fitness equipment used in the program to improve physical fitness and healthy lifestyle choices. | $50,250 |
| Just for Kids Inc | |||||||
| 129 Main Street Suite 406 | Beckley | WV | 25601 | N/A | Other public charity | To support ongoing Child Advocacy services and expansion of these services in Wyoming county, WV, for abused children and to reduce child trauma associated with abuse. | $25,834 |
| Future of Nursing West Virginia | |||||||
| 100 Association Drive | Charleston | WV | 25311 | N/A | Other public charity | To support the innovative development and implementation of an online Nurse Transition-to-Practice and Leadership Program for West Virginia | $25,000 |
| Wyoming County Family Resource Network Inc | |||||||
| Box 183 | Rock View | WV | 24880 | N/A | Other public charity | To support the project for "Wyoming County Students Against Destructive Decisions" and to reduce negative health outcomes for students. | $41,600 |
| Calvary Baptist Church | |||||||
| 510 Maryland Avenue | Charleston | WV | 25302 | N/A | Religious | General fund donation to support church activities | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $351,109 | 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 | $1,137 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $315,649 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $15,474 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $728,790 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,061,050 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,061,050 | 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 | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Logan Healthcare Real Estate Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(c)(2) | OrganizationTypeDesc |
| Relationship Description | Logan Healthcare Real Estate Foundation was formed to hold title to property, collect income from the property and such income, less expenses, shall be remitted to Logan Healthcare Foundation, Inc. | RelationshipDescriptionTxt |
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 Person | Logan Medical Foundation | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Airport Road | AddressLine1Txt |
| City | Chapmanville | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $30,337 | Amt |
| Net Investment Income | $303 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $30,034 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | The Cash Deemed Held for Charitable Activities includes the 1.5% amount of $165,508 calculated in Part X of the tax return in addition to the set-aside amount of $130,000 (reported in 2013 not yet expended) for a total of $295,508. This amount is reasonable as it is slightly larger than the Foundation's charitable expenses for the current year and also includes the set-aside amounts to be paid in 2015 for charitable purposes. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (11 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| Computer | 2011-09-30 | $634 | $285 | SL | 5.000000000000 | $127 | $0 |
| Building | 2014-06-01 | $187,906 | SL | 39.000000000000 | $2,811 | $0 | |
| Land Improvements | 2014-06-30 | $8,050 | SL | 15.000000000000 | $268 | $0 | |
| Land Improvements | 2014-11-10 | $750 | SL | 20.000000000000 | $6 | $0 | |
| Security System | 2014-03-18 | $3,001 | SL | 5.000000000000 | $450 | $0 | |
| Office Equipment | 2014-06-14 | $1,049 | SL | 5.000000000000 | $122 | $0 | |
| Furniture | 2014-04-18 | $6,638 | SL | 7.000000000000 | $632 | $0 | |
| Land | 2004-07-01 | $704,277 | L | $0 | $0 | ||
| Furniture | 2014-05-20 | $1,413 | SL | 7.000000000000 | $118 | $0 | |
| Furniture | 2014-07-10 | $758 | SL | 7.000000000000 | $54 | $0 | |
| Office Equipment | 2014-05-21 | $1,913 | SL | 5.000000000000 | $223 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Complying with set-aside cash distribution test | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Part XII, Line 3b | FormAndLineReferenceDesc |
| Medium Explanation | 1. During 2013 Logan Healthcare Foundation paid $31,596 and set aside $130,000 for a 28 x 60 foot modular office building with vinyl siding and shingle roof. The Foundation currently has limited office space and needs the new building for the addition of an employee and the continuation of its operations. Its operations consist of making grants to charitable organizations which improve the health of the community. 2. The project was not completed during the year of the first set aside - 2013. The expected time frame for completion of the project is within 12 months following December 31, 2014, the close of the taxable year of the Foundation. All set-aside amounts are expected to be disbursed in 2015.3. The project was not completed in 2013, the year the amount was set-aside.4, 5. The organization paid $31,596 for the project in 2013 and the remaining payments on the project are expected to be paid in 2015. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Bond mutual funds | BondNm |
| EOY Book Value | $2,753,579 | EOYBookValueAmt |
| EOYFMV | $2,753,579 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Equity mutual funds | StockNm |
| EOY Book Value | $7,093,999 | EOYBookValueAmt |
| EOYFMV | $7,093,999 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Computer | $634 | $412 | $222 | $222 |
| Building | $187,906 | $2,811 | $185,095 | $185,095 |
| Land Improvements | $8,050 | $268 | $7,782 | $7,782 |
| Land Improvements | $750 | $6 | $744 | $744 |
| Security System | $3,001 | $450 | $2,551 | $2,551 |
| Office Equipment | $1,049 | $122 | $927 | $927 |
| Furniture | $6,638 | $632 | $6,006 | $6,006 |
| Land | $704,277 | $0 | $704,277 | $704,277 |
| Furniture | $1,413 | $118 | $1,295 | $1,295 |
| Furniture | $758 | $54 | $704 | $704 |
| Office Equipment | $1,913 | $223 | $1,690 | $1,690 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $10,177 | LegalFeesAmt |
| Net Investment Income | $102 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,075 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Due from Logan Health Care Real Estate Foundation | $2,105 | $2,175 | $2,175 |
| Deposits | $400 | $400 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized loss on investments | Desc |
| Amt | $864,177 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Telephone | $3,057 | $0 | $3,057 |
| Supplies | $2,953 | $0 | $2,953 |
| Dues & Subscriptions | $2,315 | $0 | $2,315 |
| Miscellaneous | $211 | $0 | $211 |
| Bank fees | $62 | $0 | $62 |
| Office expense | $3,624 | $0 | $3,624 |
| Insurance | $5,399 | $0 | $6,179 |
| Rental expenses | $680 | $680 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Due to Logan Medical Foundation | $175,788 | $178,918 |
| Federal income tax payable | $7,718 | $11,414 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment advisor fees | CategoryTxt |
| Amt | $45,015 | Amt |
| Net Investment Income | $45,015 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Payroll taxes | $10,110 | $101 | $10,009 |
| Real estate taxes | $828 | $828 | $0 |
| Federal income taxes | $20,224 | $20,224 | $0 |
| Licenses | $25 | $0 | $25 |