Chestnut Street Asso in Salem, Massachusetts (MA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Massachusetts
| Chestnut Street Asso | |
| Employer Identification Number (EIN) | 046112437 |
| Name of Organization | Chestnut Street Asso |
| In Care of Name | Channing Bacall Jr Treas |
| Address | 6 Chestnut St, Salem, MA 01970-3108 |
| Activities | Other school related activities, Historical site, records or reenactment |
| Subsection | Charitable Organization |
| Ruling Date | 05/1952 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $25,603 |
| Amount of Income | $7,091 |
| Form 990 Revenue Amount | $3,034 |
Non-representatives - add comments:
Revenue for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $5,076 | $816 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $16 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $800 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $4,260 | |||
| Total expenses and disbursements | $5,052 | $0 | $0 | $3,774 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $5,052 | $0 | $3,774 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $24 | |||
| Net investment income | $816 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $23,797 | $23,797 |
| Cash - non-interest-bearing | $348 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $23,449 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $23,797 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $16 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $16 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $23,797 |
| Net value of noncharitable-use assets | $23,440 |
| Minimum investment return | $1,172 |
| Distributable Amount (for 2012) | |
| Distributable amount | $1,156 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $1,156 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Chess Corps Inc | 1 Harvard St Ste 201, Brookline, MA 02445-7923 | MA | 2007-05 | $1,261 |
| 2 | Chester And Fay Sidell Family Charitable Foundation | 10 St James Ave Fl 16, Boston, MA 02116-3813 | MA | 1993-03 | $1 |
| 3 | Chester E Goodfield Memorial Trust | PO BOX 16, Hardwick, MA 01037-0016 | MA | 2000-08 | $956 |
| 4 | Chester Foundation Inc | Po Box 743, Chester, MA 01011 | MA | 1993-12 | $0 |
| 5 | Chester High School Alumni Association Inc, Amelia A Jones Scholarship Fund | Skyline Trail, Middlefield, MA 01243 | MA | 1964-12 | $5,302 |
| 6 | Chesterfield Historical Society | Main Road Po Box 85, Chesterfield, MA 01012 | MA | 1979-09 | $2,674 |
| 7 | Chesterton Relief Fund Inc | 500 Unicorn Park, Woburn, MA 01801 | MA | 2006-05 | $0 |
| 8 | Chestnut Hill Childrens Corner | 439 Morton St, Stoughton, MA 02072-3235 | MA | 1995-06 | $357 |
| 9 | Chestnut Hill Foundation Inc | 481 Hammond St, Chestnut Hill, MA 02467-1714 | MA | 1993-04 | $2,186,810 |
| 10 | Chestnut Hill Neighborhood Association Ltd | 79 Crafts Rd, Chestnut Hill, MA 02467-1825 | MA | 2004-10 | $1,860 |
| 11 | Chestnut Street Asso | 6 Chestnut St, Salem, MA 01970-3108 | MA | 1952-05 | $7,091 |
| 12 | Chevalier Theatre Organ Society | Po Box 27, Medford, MA 02155 | MA | 2003-07 | $9,102 |
| 13 | Cheverus School Apartments Inc | 72 Marginal Street, East Boston, MA 02128-2135 | MA | 1996-02 | $397,441 |
| 14 | Cheylan Jones Foundation | 137 Pheasant Way, Centerville, MA 02632-3257 | MA | 2001-01 | $528 |
| 15 | Chh Charitable Trust | 192 Burnt Hill Rd, Shelburne Fls, MA 01370-9488 | MA | 1988-10 | $28,237 |
| 16 | Chhandam Institute Of Kathak Dance Inc | 152 W Concord St Ste 1, Boston, MA 02118-1508 | MA | 2003-08 | $94,703 |
| 17 | Chi Omega Fraternity, Chi Alpha Chapter | 106 Professors Row, Medford, MA 02155-5816 | MA | 1940-12 | $101,892 |
| 18 | Chi Omega Fraternity, Chi Alpha House Corporation | 121 Hollis Ave, Braintree, MA 02184-4515 | MA | 1940-12 | $139,723 |
| 19 | Chi Omega Incorporated Iota Beta Chapter | 28 West Rd, Adams, MA 01220-9752 | MA | 1942-01 | $347,301 |
| 20 | Chi Phi Fraternity Inc, Beta Foundation | 10 Crehore Dr, Newton L F, MA 02462-1109 | MA | 1972-05 | $1,599,900 |
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