Winchester Mount Vernon House in Winchester, 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
| Winchester Mount Vernon House | |
| Employer Identification Number (EIN) | 042104317 |
| Name of Organization | Winchester Mount Vernon House |
| Address | 110 Mount Vernon Street, Winchester, MA 01890-2864 |
| Activities | Housing for the aged (see also 153) |
| Subsection | Charitable Organization |
| Ruling Date | 10/1950 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation exempt from paying excise taxes on investment income |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $31,419,056 |
| Amount of Income | $1,794,158 |
| Form 990 Revenue Amount | $1,201,362 |
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 | $1,258,461 | $506,557 | $1,023,865 | |
| Contributions, gifts, grants, etc., received | $1,100 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $273,061 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $750,804 | |||
| Other | $233,496 | |||
| Total expenses and disbursements | $1,378,903 | $0 | $283,074 | $1,095,829 |
| Compensation of officers, directors, trustees, etc. | $109,870 | |||
| Total operating and administrative expenses | $1,319,703 | $0 | $1,036,629 | |
| Contributions, gifts, grants paid | $59,200 | |||
| Excess of revenue over expenses and disbursements | $-120,442 | |||
| Net investment income | $506,557 | |||
| Adjusted net income | $740,791 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $24,041,420 | $24,041,420 |
| Cash - non-interest-bearing | $783,561 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $13,602,146 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $9,655,713 | |
| Total liabilities | $251,178 | |
| Mortgages and other notes payable | $0 | |
| Other | $251,178 | |
| Total liabilities and net assets/fund balances | $23,790,242 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $233,496 |
| 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 | $0 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| 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 | $13,972,853 |
| Net value of noncharitable-use assets | $13,763,260 |
| Minimum investment return | $688,163 |
| 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 | $1 | $0 | $0 | $0 | $1 |
| Qualifying distributions made directly for active conduct of exempt activities | $1,095,829 | $1,107,270 | $1,103,376 | $1,256,474 | $4,562,949 |
| 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 | $458,775 | $424,311 | $391,023 | $388,149 | $1,662,258 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Bangladesh Association Of New England, Bane in Winchester, MA |
Massachusetts Mens Gathering Inc in Winchester, MA
 |
The Red Sox Foundation Inc in Boston, MA
 |
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Winchester Chamber Of Commerce Inc | 25 Waterfield Rd, Winchester, MA 01890-2616 | MA | 1980-07 | $148,643 |
| 2 | Winchester Committee For A Better Chance Inc | PO BOX 94, Winchester, MA 01890-0194 | MA | 1971-06 | $185,545 |
| 3 | Winchester Community Access And Media Inc | 80 Skillings Rd, Winchester, MA 01890-2853 | MA | 2003-07 | $451,005 |
| 4 | Winchester Community Music School Trust | 407 Highland Ave, Winchester, MA 01890-4050 | MA | 1984-09 | $1,768,841 |
| 5 | Winchester Cooperative Nursery School Inc | 478 Main St, Winchester, MA 01890-2944 | MA | 1974-10 | $371,888 |
| 6 | Winchester Field Development Council | PO BOX 653, Winchester, MA 01890-0953 | MA | 2009-09 | $20 |
| 7 | Winchester Figure Skating Club | PO BOX 1093, Burlington, MA 01803-6093 | MA | 1992-02 | $75,090 |
| 8 | Winchester Foundation For Educational Excellence Inc, Incorporated | 21 Church St, Winchester, MA 01890-1801 | MA | 1993-01 | $243,747 |
| 9 | Winchester Historical Society Inc | PO BOX 127, Winchester, MA 01890-0127 | MA | 2005-03 | $225,720 |
| 10 | Winchester Hockey Parents Association Inc | PO BOX 145, Winchester, MA 01890-0145 | MA | 1990-02 | $573,932 |
| 11 | Winchester Mount Vernon House | 110 Mount Vernon Street, Winchester, MA 01890-2864 | MA | 1950-10 | $1,794,158 |
| 12 | Winchester Multicultural Network Inc, Multicultural Network | Po Box 346, Winchester, MA 01890 | MA | 1994-08 | $79,170 |
| 13 | Winchester Rotary Charitable Fund Inc | PO BOX 288, Winchester, MA 01890-0388 | MA | 1988-01 | $132,260 |
| 14 | Winchester Scholarship Foundation | PO BOX 174, Winchester, MA 01890-0274 | MA | 1947-08 | $577,989 |
| 15 | Winchester School Of Chinese Culture Inc | PO BOX 3232, Woburn, MA 01888-3232 | MA | 2006-05 | $492,450 |
| 16 | Winchester Seniors Association Inc | 109 Skillings Rd, Winchester, MA 01890-2884 | MA | 1977-02 | $1,452,557 |
| 17 | Winchester Seniors Association Trust | 109 Skillings Rd, Winchester, MA 01890-2884 | MA | 1976-08 | $141,776 |
| 18 | Winchester Square Vietnam Era Veterans Association Ltd | PO BOX 6322, Springfield, MA 01101-6322 | MA | 1983-06 | $3,957 |
| 19 | Winchester Swim Club Inc | PO BOX 581, Winchester, MA 01890-0881 | MA | 1969-03 | $449,369 |
| 20 | Windhover Foundation Inc | 257r Granite St, Rockport, MA 01966-1027 | MA | 1982-05 | $89,219 |
Organization representatives - add corrected or new information about Winchester Mount Vernon House »
Non-representatives - add comments about Winchester Mount Vernon House»