Senior Center At Lower Village Inc in Kennebunk, 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
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Maine
| Senior Center At Lower Village Inc | |
| Employer Identification Number (EIN) | 223075624 |
| Name of Organization | Senior Center At Lower Village Inc |
| Address | 175 Port Rd, Kennebunk, ME 04043-7735 |
| Activities | Services for the aged (see also 153 ad 382) |
| Subsection | Charitable Organization |
| Ruling Date | 10/1991 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| 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 | $1,494,659 |
| Amount of Income | $439,731 |
| Form 990 Revenue Amount | $291,166 |
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 | $242,914 | $46,815 | $221,737 | |
| Contributions, gifts, grants, etc., received | $17,287 | |||
| Interest on savings and temporary cash investments | $43 | |||
| Dividends and interest from securities | $42,877 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $178,812 | |||
| Other | $3,895 | |||
| Total expenses and disbursements | $269,477 | $0 | $123,907 | $145,570 |
| Compensation of officers, directors, trustees, etc. | $60,237 | |||
| Total operating and administrative expenses | $269,477 | $0 | $145,570 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-26,563 | |||
| Net investment income | $46,815 | |||
| Adjusted net income | $97,830 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,470,655 | $1,470,655 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $432,947 | |
| Investments-corporate bonds | $189,348 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $439,715 | |
| Other | $408,645 | |
| Total liabilities | $8,144 | |
| Mortgages and other notes payable | $0 | |
| Other | $8,144 | |
| Total liabilities and net assets/fund balances | $1,462,511 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $3,895 |
| 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 | $468 |
| Total credits and payments | $420 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $420 |
| 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 | $48 |
| 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 | $1,044,086 |
| Net value of noncharitable-use assets | $1,028,420 |
| Minimum investment return | $51,421 |
| 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 | $51,421 | $50,878 | $49,859 | $45,817 | $197,975 |
| Qualifying distributions made directly for active conduct of exempt activities | $145,570 | $147,716 | $133,003 | $143,586 | $569,875 |
| 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 | $34,281 | $33,919 | $33,239 | $30,545 | $131,984 |
| 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 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $7,100 | $3,676 | $3,424 |
| Gross receipts or sales less returns and allowances | $0 | $0 | $0 |
| Cost of goods sold | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $71,001 | $3,676 | $3,424 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $3,424 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $3,424 |
| Other deductions | $0 |
| Unrelated business taxable income | $0 |
| Unrelated business taxable income before net operating loss deduction | $0 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $0 |
| Specific deduction | $1,000 |
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| Other organizations in Maine | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | P D Merrill Charitable Tr U-A Dtd 11-02-06, John Achatz Ttee | PO BOX 7950, Portland, ME 04112-7950 | ME | 2008-01 | $701,235 |
| 2 | Phippsburg Land Trust | PO BOX 123, Phippsburg, ME 04562-0123 | ME | 1994-03 | $101,503 |
| 3 | Pineland Farms Inc | 32 Farm View Dr, New Gloucestr, ME 04260-5100 | ME | 2001-03 | $7,120,545 |
| 4 | Portland Ovations | 50 Monument Square 2nd Floor, Portland, ME 04101-4039 | ME | 1977-08 | $1,995,131 |
| 5 | Portland Maine Symphony Orchestra | 50 Monument Square 2nd Fl, Portland, ME 04101-4039 | ME | 1933-11 | $3,562,352 |
| 6 | Portland Stage Company Inc | 25aforestavenue, Portland, ME 04101 | ME | 1975-07 | $2,020,360 |
| 7 | Regional Medical Center At Lubec Me Inc | 43 S Lubec Rd, Lubec, ME 04652-3620 | ME | 1972-05 | $3,993,477 |
| 8 | Rem | 93 Main St, Waterville, ME 04901-6636 | ME | 1996-05 | $52,797 |
| 9 | Riverview Foundation | PO BOX 310, Topsham, ME 04086-0310 | ME | 1994-06 | $994,216 |
| 10 | Sam L Cohen Foundation | PO BOX 7950, Portland, ME 04112-7950 | ME | 2005-09 | $4,851,355 |
| 11 | Senior Center At Lower Village Inc | 175 Port Rd, Kennebunk, ME 04043-7735 | ME | 1991-10 | $439,731 |
| 12 | Sheepscot Valley Childrens House | PO BOX 449, Wiscasset, ME 04578-0449 | ME | 1985-08 | $255,265 |
| 13 | Southern Maine Agency On Aging | 136 Us Route 1, Scarborough, ME 04074-9055 | ME | 1979-04 | $7,864,227 |
| 14 | Spring Harbor Community Services | 78 Atlantic Pl, S Portland, ME 04106-2316 | ME | 2000-10 | $4,065,352 |
| 15 | Lincolnhealth | 35 Miles St, Damariscotta, ME 04543-4047 | ME | 1956-12 | $18,047,500 |
| 16 | St Marys D Youville Pavilion | PO BOX 7291, Lewiston, ME 04243-7291 | ME | 1969-12 | $24,759,023 |
| 17 | Support Solutions Inc | 124 Canal St, Lewiston, ME 04240-7711 | ME | 1999-03 | $8,511,574 |
| 18 | The Oak Foundation Usa | 511 Congress St Ste 800, Portland, ME 04101-3478 | ME | 1986-07 | $10,988,300 |
| 19 | United Society Of Shakers | 707 Shaker Rd, New Gloucestr, ME 04260-2652 | ME | 1972-06 | $1,144,991 |
| 20 | Visiting Board Of The Childrens Hospital | 22 Bramhall St, Portland, ME 04102-3134 | ME | 1920-11 | $189,251 |
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