VINTAGE TROLLEY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: VINTAGE TROLLEY INC (EIN 93-0954099)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-04-05
IRS object ID: 201320959349300707
Schema version: 2012v2.1
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
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-04-05T10:48:54-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	611508448	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PERRIN MCMILLAN & MILLER	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1725 SE ASH	AddressLine1
City	PORTLAND	City
State	OR	State
ZIP Code	972141525	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	930954099	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VINTAGE TROLLEY INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VINT	NameControl
Phone	5033237363	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1140 SW 11TH AVE NO 500	AddressLine1
City	PORTLAND	City
State	OR	State
ZIP Code	97205	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RICHARD GUSTAFSON	Name
Title	DIRECTOR	Title
Phone	5033237363	Phone
Date Signed	2013-03-26	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ROBERT D MCMILLAN	Name
PTIN	P00142199	PTIN
Phone	5032390932	Phone
Date Prepared	2013-03-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RICHARD GUSTAFSON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1140 S W 11TH AVE STE 500	AddressLine1
City	PORTLAND	City
State	OR	State
ZIP Code	97205	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	39432	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1991	YearFormation
State Legal Domicile	OR	StateLegalDomicile
Activity Or Mission Description	OPERATION OF VINTAGE TROLLEY CARS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	4	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	5	TotalNbrEmployees
Total Nbr Volunteers	4	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	25182	ProgramServiceRevenuePriorYear
Program Service Revenue CY	34479	ProgramServiceRevenueCY
Investment Income Prior Year	3461	InvestmentIncomePriorYear
Investment Income Current Year	2624	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-287	OtherRevenuePriorYear
Other Revenue Current Year	2329	OtherRevenueCurrentYear
Total Revenue Prior Year	28356	TotalRevenuePriorYear
Total Revenue Current Year	39432	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	24653	SalariesEtcPriorYear
Salaries Etc Current Year	17400	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	8569	OtherExpensePriorYear
Other Expenses Current Year	12194	OtherExpensesCurrentYear
Total Expenses Prior Year	33222	TotalExpensesPriorYear
Total Expenses Current Year	29594	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-4866	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	9838	RevenuesLessExpensesCY
Total Assets BOY	244938	TotalAssetsBOY
Total Assets EOY	273974	TotalAssetsEOY
Total Liabilities BOY	28447	TotalLiabilitiesBOY
Total Liabilities EOY	25533	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	216491	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	248441	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDE AWARENESS OF PORTLAND OREGON'S DOWNTOWN AND HISTORIC DISTRICTS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	29594	Expense
Revenue	37103	Revenue
Description	THE ORGANIZATION HAS PROVIDED HISTORIC AWARENESS AND ENTERTAINMENT TO 1,052 RIDERS ON VINTAGE TROLLEY CARS THROUGH THE HISTORIC DISTRICT AND DOWNTOWN PORTLAND OREGON.	Description
Total Program Service Expense	29594	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	0	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	2	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	5	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Excess Business Holdings	0	ExcessBusinessHoldings
Taxable Distributions	0	TaxableDistributions
Distribution To Donor	0	DistributionToDonor
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	4	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	0	ConflictOfInterestPolicy
Whistleblower Policy	0	WhistleblowerPolicy
Document Retention Policy	0	DocumentRetentionPolicy
Compensation Process CEO	0	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	OR	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MS SUSAN GUSTAFSON	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	5033237363	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1140 SW 11TH AVE SUITE 500	AddressLine1
City	PORTLAND	City
State	OR	State
ZIP Code	97205	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
BILL FAILING
CHAIR - DIRECTOR	4.00	X	X	0	0	0
RICHARD GUSTAFSON
DIRECTOR	4.00	X		0	0	0
DOUG CAMPBELL
DIRECTOR	4.00	X		0	0	0
SUSAN SEYL
TREASURER	4.00		X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
PSI SUPPORT	480000	28483	$28,483
TRI-MET CONTRACT	480000	5762	$5,762
FAREBOX REVENUE	480000	234	$234

Field	Value	IRS element (for citing)
Total Program Service Revenue	34479	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2624	TotalRevenueColumn
Exclusion	$2,624	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	GAIN ON INVESTMENTS	Description
Business Code	523000	BusinessCode
Total Revenue Column	2329	TotalRevenueColumn
Exclusion	$2,329	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	2329	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	39432	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$39,432	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	15448	Total
Program Services	15448	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1952	Total
Program Services	1952	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	1500	Total
Program Services	1500	ProgramServices

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	1257	Total
Program Services	1257	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	275	Total
Program Services	275	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	1205	Total
Program Services	1205	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
CONTRACT WAGES	5942	5942
PAYROLL SERVICES	945	945
INVESTMENT AND BANK FEE	942	942
CONTRACT SERVICES - OER	128	128

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	29594	Total
Program Services	29594	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	4133	BOY
EOY	8206	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	240805	BOY
EOY	265768	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	244938	BOY
EOY	273974	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	28447	BOY
EOY	25533	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	28447	BOY
EOY	25533	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	216491	BOY
EOY	248441	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	216491	BOY
EOY	248441	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	244938	BOY
EOY	273974	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	9838	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	22113	ReconciliationUnrealizedInvest
Reconcilation Other Changes	-1	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	0	FSAudited
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	15000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	15000	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	15000	CurrentTaxYearMinus2Years
Total	45000	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	15000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	15000	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	15000	CurrentTaxYearMinus2Years
Total	45000	Total

Field	Value	IRS element (for citing)
Public Support Total170	45000	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8231	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3736	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2613	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3461	CurrentTaxYearMinus1Year
Current Tax Year	2624	CurrentTaxYear
Total	20665	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3066	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	17329	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	16065	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	25090	CurrentTaxYearMinus1Year
Current Tax Year	28483	CurrentTaxYear
Total	90033	Total

Field	Value	IRS element (for citing)
Total Support	155698	TotalSupport
Gross Receipts From Admissions Etc	5926	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.28900	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.78260	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests PY170	X	ThirtyThreePercntTestsPY170

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	0	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	OCF ENDOWMENT FUND	Description
Book Value	265768	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	265768	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
ACCRUED WAGES	$106
ACCOUNT PAYABLE - TRI MET	$25,427

Field	Value	IRS element (for citing)
Total Of Amounts	25533	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	Identifier
Return Reference	PART X, LINE 2:	ReturnReference
Explanation	NONE REQUIRED	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11	RETURN REVIEWED BY DIRECTORS
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTS MADE AVAILABLE TO PUBLIC UPON REQUEST
FORM 990, PART XI, LINE 9:	ROUNDING -1.	CHANGES IN NET ASSETS OR FUND BALANCES: