South Mountain Association in Pittsfield, 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
| South Mountain Association | |
| Employer Identification Number (EIN) | 046049419 |
| Name of Organization | South Mountain Association |
| Address | PO BOX 23, Pittsfield, MA 01202-0023 |
| Activities | Other cultural or historical activities, Other youth organization or activities |
| Subsection | Educational Organization |
| Ruling Date | 02/1943 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,534,961 |
| Amount of Income | $405,798 |
| Form 990 Revenue Amount | $256,033 |
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 | $309,559 | $105,060 | $104,354 | |
| Contributions, gifts, grants, etc., received | $131,225 | |||
| Interest on savings and temporary cash investments | $20,562 | |||
| Dividends and interest from securities | $67,892 | |||
| Gross rents | $15,900 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $73,274 | |||
| Other | $706 | |||
| Total expenses and disbursements | $258,221 | $5,313 | $5,313 | $249,888 |
| Compensation of officers, directors, trustees, etc. | $37,852 | |||
| Total operating and administrative expenses | $253,221 | $5,313 | $244,888 | |
| Contributions, gifts, grants paid | $5,000 | |||
| Excess of revenue over expenses and disbursements | $51,338 | |||
| Net investment income | $99,747 | |||
| Adjusted net income | $99,041 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,387,493 | $3,493,046 |
| Cash - non-interest-bearing | $63,639 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,126,139 | |
| Investments-corporate bonds | $275,000 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $19,077 | |
| Other | $903,638 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $2,387,493 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $706 |
| 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 | $997 |
| Total credits and payments | $1,960 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,960 |
| 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 | $0 |
| Overpayment | $963 |
| Amount to be credited to 2013 estimated tax | $963 |
| 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? | Yes |
| 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 | $3,387,344 |
| Net value of noncharitable-use assets | $3,336,540 |
| Minimum investment return | $166,827 |
| 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 | $99,041 | $96,988 | $87,688 | $91,993 | $375,710 |
| Qualifying distributions made directly for active conduct of exempt activities | $249,888 | $231,542 | $237,167 | $190,943 | $909,540 |
| Value of all assets | $1 | $0 | $0 | $0 | $1 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $111,218 | $107,092 | $102,119 | $90,567 | $410,996 |
| 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 | South Hadley And Granby Chamber Of Commerce | 116 Main St Ste 4, South Hadley, MA 01075-2833 | MA | 2010-03 | $41,216 |
| 2 | South Hadley Family Center Inc | 7 Woodbridge Street, South Hadley, MA 01075 | MA | 2010-08 | $12,381 |
| 3 | South Hadley Music Parents Association Inc | PO BOX 63, South Hadley, MA 01075-0063 | MA | 2003-06 | $26,964 |
| 4 | South Hadley Swimming Club Inc | PO BOX 295, South Hadley, MA 01075-0295 | MA | 1960-01 | $67,287 |
| 5 | South Meadow Village Association Inc, Not Applicable | 36-10 South Meadow Village, Carver, MA 02330 | MA | 1987-08 | $45,419 |
| 6 | South Memorial Elementary School Parent Teacher Organization | 16 Maple Street Ext, Peabody, MA 01960-5255 | MA | 2007-01 | $78,166 |
| 7 | South Middlesex Foundation Inc | 750 Winter Street, Framingham, MA 01702 | MA | 2001-01 | $65,495 |
| 8 | South Middlesex Non-Profit Housing Corporation | 7 Bishop St, Framingham, MA 01702-8323 | MA | 1987-12 | $12,325,860 |
| 9 | South Middlesex Opportunity Council Inc | 7 Bishop St, Framingham, MA 01702-8323 | MA | 1966-08 | $65,702,743 |
| 10 | South Middlesex Opportunity Proper Ties Inc | 7 Bishop St, Framingham, MA 01702-8323 | MA | 1991-03 | $27,722 |
| 11 | South Mountain Association | PO BOX 23, Pittsfield, MA 01202-0023 | MA | 1943-02 | $405,798 |
| 12 | South Mountain Company Foundation, Abrams John Ttee | PO BOX 1260, West Tisbury, MA 02575-1260 | MA | 2003-01 | $10,002 |
| 13 | South Norfolk County Residences | 789 Clapboardtree St, Westwood, MA 02090-1717 | MA | 1976-09 | $130,712 |
| 14 | South Quincy Social Club Inc | 252 Washington St Rear, Quincy, MA 02169-5524 | MA | 1983-06 | $47,249 |
| 15 | South Row School Parent Teacher Organization-Pto-Inc | 250 Boston Road, Chelmsford, MA 01824 | MA | 1993-03 | $0 |
| 16 | South Shore Antique Auto Foundation Inc | 100 Grove St, Kingston, MA 02364 | MA | 1992-08 | $67 |
| 17 | South Shore Art Center Inc | 119 Ripley Rd, Cohasset, MA 02025-1744 | MA | 1961-06 | $635,360 |
| 18 | South Shore Chamber Of Commerce Foundation Inc | 1050 Hingham Street, Rockland, MA 02370-1076 | MA | 1999-07 | $7,500 |
| 19 | South Shore Charter Educational Foundation Inc | 100 Longwater Cir, Norwell, MA 02061-1650 | MA | 2004-07 | $591,824 |
| 20 | South Shore Christian Academy | 45 Broad St, Weymouth, MA 02188-1705 | MA | 1995-02 | $2,071,031 |
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