Seamens Widow And Orphan Association Of Salem in S Hamilton, 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
| Seamens Widow And Orphan Association Of Salem | |
| Employer Identification Number (EIN) | 046014352 |
| Name of Organization | Seamens Widow And Orphan Association Of Salem |
| In Care of Name | Peter Doran |
| Address | 19 Sharon Rd, S Hamilton, MA 01982-1307 |
| Activities | Aid to the handicapped (see also 031), Other health services, Other services or benefits to members or employees |
| Subsection | Charitable Organization |
| Ruling Date | 08/1942 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,959,884 |
| Amount of Income | $679,640 |
| Form 990 Revenue Amount | $91,661 |
Non-representatives - add comments:
Revenue for 2012
Expenses 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 | $154,459 | $153,959 | $56,594 | |
| Contributions, gifts, grants, etc., received | $500 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $43,730 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $110,229 | |||
| Total expenses and disbursements | $101,820 | $15,851 | $15,851 | $85,969 |
| Compensation of officers, directors, trustees, etc. | $4,800 | |||
| Total operating and administrative expenses | $95,220 | $15,851 | $79,369 | |
| Contributions, gifts, grants paid | $6,600 | |||
| Excess of revenue over expenses and disbursements | $52,639 | |||
| Net investment income | $138,108 | |||
| Adjusted net income | $40,743 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,711,996 | $1,711,996 |
| Cash - non-interest-bearing | $78,600 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,080,588 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $552,808 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1,711,996 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $110,229 |
| 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 | $2,762 |
| Total credits and payments | $508 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $508 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $2,254 |
| 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? | Yes |
| 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 | $1,683,590 |
| Net value of noncharitable-use assets | $1,658,340 |
| Minimum investment return | $82,917 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| 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 | $40,743 | $51,357 | $44,767 | $54,798 | $191,665 |
| Qualifying distributions made directly for active conduct of exempt activities | $85,969 | $100,835 | $101,171 | $108,779 | $396,754 |
| 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 | $55,278 | $56,006 | $57,517 | $54,216 | $223,017 |
| 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 | Scotty Charitable Trust | 44 Binney St, Boston, MA 02115-6013 | MA | 1977-06 | $14,104 |
| 2 | Scraggy Neck Recreation Association | PO BOX 500, Cataumet, MA 02534-0500 | MA | 1970-02 | $98,850 |
| 3 | Screening For Mental Health Inc | 1 Washington Street, Wellsley, MA 02481-1711 | MA | 1995-06 | $3,800,881 |
| 4 | Scyfl&c Inc | 8 Pratt Rd, Scituate, MA 02066-2006 | MA | 2000-04 | $146,607 |
| 5 | Sea Education Association Inc | PO BOX 6, Woods Hole, MA 02543-0006 | MA | 1980-07 | $8,046,329 |
| 6 | Sea The World Productions Inc | PO BOX 592, Chilmark, MA 02535-0592 | MA | 2004-12 | $468,249 |
| 7 | Sea-Renity Rose Recovery House For Women Inc | 65 First Parish Rd, Scituate, MA 02066-4211 | MA | 1998-05 | $5,800 |
| 8 | Seacoast Affiliated Group Practice Inc | 25 Highland Ave, Newburyport, MA 01950-3867 | MA | 2002-02 | $15,586,282 |
| 9 | Seaconke Wampanoag Inc | 412 Taunton Ave, Seekonk, MA 02771-5232 | MA | 1997-08 | $18,858 |
| 10 | Seamens Longpoint Charitable Foundation Inc | 350 Route 6, North Truro, MA 02652 | MA | 1997-09 | $426,860 |
| 11 | Seamens Widow And Orphan Association Of Salem | 19 Sharon Rd, S Hamilton, MA 01982-1307 | MA | 1942-08 | $679,640 |
| 12 | Sean C Elmore Memorial Fund Inc | C/O John M Elmore 8 Fillmore Drive, Billerica, MA 01821 | MA | 2000-12 | $30,467 |
| 13 | Sean Joyce Foundation Inc | One Country Way, Holbrook, MA 02343 | MA | 2007-07 | $26,871 |
| 14 | Sean Mcdonough Foundation Inc | 1001 Marina Dr Apt 801, Quincy, MA 02171-1588 | MA | 2002-06 | $11,075 |
| 15 | Seaport Credit Union | 336 Lafayette St, Salem, MA 01970-5459 | MA | 1935-01 | $6,154,200 |
| 16 | Seaport Tma Inc, Seaport Tma | 82 Devonshire St, Boston, MA 02109-3605 | MA | 1996-12 | $164,934 |
| 17 | Search Dogs Northeast Inc | 5 Overbrook Terrace, Natick, MA 01760 | MA | 1996-10 | $1,585 |
| 18 | Search For Justice & Equality I N Palestine Israel | PO BOX 3452, Framingham, MA 01705-3452 | MA | 1980-05 | $2,755 |
| 19 | Search Foundation | 45aa Tosca Dr, Stoughton, MA 02072-1501 | MA | 1998-10 | $193,087 |
| 20 | Sears Chapel Endowment Incorporated | 7 Acorn St, Boston, MA 02108-3501 | MA | 1993-06 | $64,651 |
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