STRATEGY STUDIO / PUBLIC DATA EXPLORER

JOE & MARY LEARY TR UW 053194: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
JOE & MARY LEARY TR UW 053194 (EIN 61-6225916)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-04-09
IRS object ID
201440999349300429
Schema version
2013v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2014-04-09T16:13:50-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271235638PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOUNTJOY CHILTON MEDLEY LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1333 WEST VINE STREETAddressLine1
CityLEXINGTONCity
StateKYState
ZIP Code405071368ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN616225916EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOE & MARY LEARY TRUSTBusinessNameLine1
Business Name Line2C/O FARMERS BANK & CAPITAL TRUST COBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlJOE&BusinessNameControlTxt
Phone5022271611PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 309AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code406020300ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL D BURNSPersonNm
Person TitleTRUST OFFICERPersonTitleTxt
Phone5022271611PhoneNum
Signature2014-03-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK A SCHMITTPreparerPersonNm
PTINP00572531PTIN
Phone8595147800PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL D BURNSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 309AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code406020300ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$1,803,839GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2006FormationYr
Legal Domicile StateKYLegalDomicileStateCd
Activity Or MissionCHARITABLE TRUSTActivityOrMissionDesc
Voting Members Governing Body1VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$331,494PYInvestmentIncomeAmt
CY Investment Income$452,826CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$331,494PYTotalRevenueAmt
CY Total Revenue$452,826CYTotalRevenueAmt
PY Grants And Similar Paid$158,916PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$175,034CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$22,573PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$24,202CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$994PYOtherExpensesAmt
CY Other Expenses$950CYOtherExpensesAmt
PY Total Expenses$182,483PYTotalExpensesAmt
CY Total Expenses$200,186CYTotalExpensesAmt
PY Revenues Less Expenses$149,011PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$252,640CYRevenuesLessExpensesAmt
Total Assets BOY$4,636,955TotalAssetsBOYAmt
Total Assets EOY$4,889,595TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,636,955NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,889,595NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUPPORT FOR 4 CHARITIESMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$175,034ExpenseAmt
Grant$175,034GrantAmt
DescPAYMENTS TO FOUR 501(C) CHARITIES: FIRST BAPTIST CHURCH, FRANKLIN COUNTY COUNCIL ON AGING INC., ONEIDA BAPTIST INSTITUTE, AND CUMBERLAND UNIVERSITY. ANNUAL AMOUNTS ARE PREDETERMINED BY TRUST DOCUMENT.Desc
Total Program Service Expenses$175,034TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members1GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FARMERS BANK CO MICHAEL BURNSBusinessNameLine1
FieldValueIRS element (for citing)
Phone5022271611PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 309AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code406020309ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp

FieldValueIRS element (for citing)
PersonFARMERS BANK CAPITAL TRUSTPersonNm
TitleTRUSTEETitleTxt
Average Hours Per Week1.00AverageHoursPerWeekRt
Institutional TrusteeYes (X)InstitutionalTrusteeInd
Reportable Comp From Org$24,202ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$24,202TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$189,517TotalRevenueColumnAmt
Exclusion$189,517ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,614,322SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,351,013SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$263,309SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$263,309TotalRevenueColumnAmt
Exclusion$263,309ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$452,826TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$452,826ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$175,034TotalAmt
Program Services$175,034ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$24,202TotalAmt
Management And General$24,202ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$950TotalAmt
Management And General$950ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$200,186TotalAmt
Program Services$175,034ProgramServicesAmt
Management And General$25,152ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,690BOYAmt
EOY$6,753EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$157,832BOYAmt
EOY$71,669EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,473,433BOYAmt
EOY$4,811,173EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,636,955BOYAmt
EOY$4,889,595EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,636,955BOYAmt
EOY$4,889,595EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,636,955BOYAmt
EOY$4,889,595EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,636,955BOYAmt
EOY$4,889,595EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$252,640ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Non FuncYes (X)SupportingOrgType3NonFuncInd
CertificationYes (X)CertificationInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp (4 entries)

EINEINOrganization TypeOrganizationTypeDescGoverning Document ListedGoverningDocumentListedIndSupported Org NotifiedSupportedOrgNotifiedIndUS OrganizedUSOrganizedIndSupportSupportAmt
FIRST BAPTIST CHURCH
6104496181Yes (1)Yes (1)Yes (1)$43,758
FRANKLIN COUNTY COUNCIL ON AGING
6160410029Yes (1)Yes (1)Yes (1)$43,758
ONEIDA BAPTIST INSTITUTE
6104796272Yes (1)Yes (1)Yes (1)$43,758
CUMBERLAND UNIVERSITY
6104705932Yes (1)Yes (1)Yes (1)$43,758
FieldValueIRS element (for citing)
Supported Organizations Total4SupportedOrganizationsTotalCnt
Support Sum$175,032SupportSumAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
FIRST BAPTIST CHURCH
201 ST CLAIR STFRANKFORTKY40601610449618170(B)(1)(A)(I)$43,758ANNUAL SUPPORT AS DETERMINED UNDER TRUST DOCUMENT (WILL OF JOSEPH LEARY)
ONEIDA BAPTIST INSTITUTE
PO BOX 67ONEIDAKY40972610479627170(B)(1)(A)(II)$43,758ANNUAL SUPPORT AS DETERMINED UNDER TRUST DOCUMENT (WILL OF JOSEPH LEARY)
CUMBERLAND UNIVERSITY
6191 COLLEGE STREET DRIVEWILLIAMSBURGKY40769610470593170(B)(1)(A)(II)$43,758ANNUAL SUPPORT AS DETERMINED UNDER TRUST DOCUMENT (WILL OF JOSEPH LEARY)
FRANKLIN COUNTY COUNCIL ON AGING INC
211 KINGS DAUGHTERS DRIVEFRANKFORTKY40601616041002509(A)(2)$43,758ANNUAL SUPPORT AS DETERMINED UNDER TRUST DOCUMENT (WILL OF JOSEPH LEARY)
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationRECIPIENT ORGANIZATIONS AND ANNUAL DISTRIBUTION AMOUNTS WERE IDENTIFIED IN THE WILL OF JOSEPH LEARY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8AFARMERS BANK & CAPITAL IS THE SOLE TRUSTEE OF THE JOE LEARY TRUST AND MAKES CHARITABLE CONTRIBUTIONS TO FOUR PRESELECTED ORGANIZATIONS WHICH IS DETERMINED BY THE TRUST ACTIVITY.
FORM 990, PART VI, SECTION A, LINE 8BFARMERS BANK & CAPITAL IS THE SOLE TRUSTEE OF THE JOE LEARY TRUST, THERE ARE NO COMMITTEES OR ADDITIONAL GOVERNING BODIES.
FORM 990, PART VI, SECTION B, LINE 11FARMERS BANK & CAPITAL IS THE SOLE TRUSTEE OF THE JOE LEARY TRUST. FARMERS BANK & CAPITAL WILL RECEIVE A COPY OF THE 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 19ALL FORMS ARE AVAILABLE UPON REQUEST THROUGH FARMERS BANK & CAPITAL.