Ferdinand H & Sarah M Cinelli Charitable Tr, Cinelli Peter S Ttee in Yarmouth, Maine (ME)
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
- Organizations performing similar types of work
Ferdinand H & Sarah M Cinelli Charitable Tr, Cinelli Peter S Ttee | |
Employer Identification Number (EIN) | 036084732 |
Name of Organization | Ferdinand H & Sarah M Cinelli Charitable Tr |
Secondary Name | Cinelli Peter S Ttee |
In Care of Name | Peter Cinelli |
Address | PO BOX 1297, Yarmouth, ME 04096-2297 |
Subsection | Charitable Organization |
Ruling Date | 02/2003 |
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 | $1,290,351 |
Amount of Income | $748,634 |
Form 990 Revenue Amount | $56,077 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $748,634 (it was $332,444 in 2012)
This organization: | $748,634 |
Other organizations performing similar types of work: | $105,489 |
Assets in 2013: $1,290,351 (it was $1,178,960 in 2012)
This organization: | $1,290,351 |
Other organizations performing similar types of work: | $325,460 |
Expenses in 2012: $70,729
This organization: | $70,729 |
Other organizations performing similar types of work: | $49,058 |
Income to expenses ratio in 2012: 10.6
This organization: | 10.6 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 0.0%
Ferdinand H & Sarah M Cinelli Charitable Tr, Cinelli Peter S Ttee: | 0.0% |
Other organizations performing similar types of work: | 22.8% |
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 | $53,410 | $53,410 | $0 | |
Contributions, gifts, grants, etc., received | $0 | |||
Interest on savings and temporary cash investments | $9,797 | |||
Dividends and interest from securities | $24,774 | |||
Gross rents | $0 | |||
Gross profit from sales of goods | $0 | |||
Other income | $0 | |||
Other | $18,839 | |||
Total expenses and disbursements | $70,729 | $10,536 | $0 | $57,000 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $13,729 | $10,536 | $0 | |
Contributions, gifts, grants paid | $57,000 | |||
Excess of revenue over expenses and disbursements | $-17,319 | |||
Net investment income | $42,874 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $1,178,960 | $1,178,960 |
Cash - non-interest-bearing | $47,454 | |
Investments-U.S. and state government obligations | $0 | |
Investments-corporate stock | $978,592 | |
Investments-corporate bonds | $152,914 | |
Investments-mortgage loans | $0 | |
Investments-other | $0 | |
Total liabilities | $0 | |
Total liabilities and net assets/fund balances | $1,178,960 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $18,839 |
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 | $857 |
Total credits and payments | $1,160 |
2012 estimated tax payments and 2011 overpayment credited to 2012 | $1,160 |
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 | $303 |
Amount to be credited to 2013 estimated tax | $303 |
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 | $1,154,396 |
Net value of noncharitable-use assets | $1,137,080 |
Minimum investment return | $56,854 |
Distributable Amount (for 2012) | |
Distributable amount | $55,997 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $55,997 |
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 |
Write your review! |
|
Recently Added Reviews |
Sanctuary At Maple Hill Farms Inc in Auburn, ME
|
Waterboro Land Trust Inc in North Waterboro, ME
|
Interpreter Services For The Deaf Inc in Cambridge, ME |
Ashland Area Cross Country Ski Club in Ashland, ME |
Honoring Of The Elders in Sanford, ME
|
Legacy Inc in Hampden, ME
|
Andover Educational Fund Inc in Andover, ME |
Curran Homestead in Orrington, ME
|
Dirigo Search And Rescue Association in Orono, ME
|
Friends Of The Doubling Point Light in Arrowsic, ME |
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Td Charitable Foundation | PO BOX 9540, Portland, ME 04112-9540 | ME | 2003-10 | $65,700,194 |
2 | Coulombe Family Foundation | PO BOX 9729, Portland, ME 04104-5029 | ME | 2013-02 | $13,403,657 |
3 | Anne Randolph Henry Charitable Foundation, Kurt E Klebe Ttee | PO BOX 31, Portland, ME 04112-0031 | ME | 2012-07 | $2,726,874 |
4 | Herbert E Tyler And Grace M Tyler Foundation | 19 Coralburst Ln, Scarborough, ME 04074-7152 | ME | 2014-02 | $2,413,128 |
5 | Vaughan Homestead Foundation | C O Peter L Murray 89 West St, Portland, ME 04102 | ME | 2000-07 | $1,441,599 |
6 | The Alfred M Senter Fund | PO BOX 17510, Portland, ME 04112-8510 | ME | 2001-07 | $804,546 |
7 | Future Builders School On Thomas Pond | Po Box 272, Raymond, ME 04071 | ME | 2001-07 | $707,606 |
8 | John And Margaret Wise Charitable Foundation, Kurt E Klebe Ttee | One Portland Sq, Portland, ME 04101-4057 | ME | 2013-02 | $689,676 |
9 | Wind Point Foundation | PO BOX 7950, Portland, ME 04112-7950 | ME | 2013-01 | $613,829 |
10 | Woodside Foundation | 20 York St Ste 201, Portland, ME 04101-4694 | ME | 2009-09 | $475,768 |
11 | Hodgkins Memorial Tr Fund | PO BOX 1100, Ellsworth, ME 04605-1100 | ME | 2011-02 | $195,672 |
12 | Shadie-Niles Charitable Tr | PO BOX 31, Portland, ME 04112-0031 | ME | 2001-11 | $194,766 |
13 | Weinberger Foundation, Jane D Weinberger Et Al Ttee | PO BOX 860, Mount Desert, ME 04660-0860 | ME | 2007-01 | $171,494 |
14 | Tom And Kate Chappell Familyfoundation | PO BOX 920, Kennebunk, ME 04043-0920 | ME | 2011-08 | $151,355 |
15 | Casco Foundation | 123 Free St, Portland, ME 04101-3919 | ME | 2014-10 | $94,827 |
16 | The Heliker-La Hotan Foundation Inc | 2 Heliker Rd, Cranberry Isles, ME 04625 | ME | 2001-01 | $74,492 |
17 | Eaton Peabody Foundation | PO BOX 1210, Bangor, ME 04402-1210 | ME | 2009-01 | $54,015 |
18 | Out As I Want To Be Inc | Po Box 1723, Rockland, ME 04841 | ME | 2006-04 | $47,564 |
19 | Andrew C Marsh Meml Fund | 21 Stevens Ave, Portland, ME 04102-2221 | ME | 2010-02 | $34,179 |
20 | Aaron A And Maria H Putnam Family Charitable Trust | 35 Market Sq, Houlton, ME 04730-1703 | ME | 2012-04 | $30,980 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 22,395 |
Organization representatives - add corrected or new information about Ferdinand H & Sarah M Cinelli Charitable Tr, Cinelli Peter S Ttee »
Non-representatives - add comments about Ferdinand H & Sarah M Cinelli Charitable Tr, Cinelli Peter S Ttee»