Norwella Council Trust in Milwaukee, Wisconsin (WI)
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
| Norwella Council Trust | |
| Employer Identification Number (EIN) | 726117831 |
| Name of Organization | Norwella Council Trust |
| In Care of Name | Jpmorgan Chase Bank Na |
| Address | Jpmorgan Chase Banknapobox 3038, Milwaukee, WI 53201 |
| Activities | Boy Scouts, Girl Scouts, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 10/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $90,905 |
| Amount of Income | $106,682 |
| Form 990 Revenue Amount | $8,643 |
| National Taxonomy of Exempt Entities (NTEE) | Youth Development: Boy Scouts of America |
Non-representatives - add comments:
Amount of income in 2011: $106,682 (it was $50,348 in 2010)
| This organization: | $106,682 |
| Other organizations performing similar types of work: | $1,302,059 |
Assets in 2011: $90,905 (it was $88,238 in 2010)
| This organization: | $90,905 |
| Other organizations performing similar types of work: | $768,706 |
Expenses in 2011: $5,889
| This organization: | $5,889 |
| Other organizations performing similar types of work: | $1,243,687 |
Income to expenses ratio in 2011: 18.1
| Norwella Council Trust: | 18.1 |
| Other organizations performing similar types of work: | 1.8 |
Grants share in income in 2011: 0.0%
| Norwella Council Trust: | 0.0% |
| Other organizations performing similar types of work: | 35.8% |
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $8,643 | $8,527 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $1 | |||
| Dividends and interest from securities | $2,381 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $6,261 | |||
| Total expenses and disbursements | $5,889 | $1,096 | $0 | $4,769 |
| Compensation of officers, directors, trustees, etc. | $1,394 | |||
| Total operating and administrative expenses | $2,294 | $1,096 | $1,174 | |
| Contributions, gifts, grants paid | $3,595 | |||
| Excess of revenue over expenses and disbursements | $2,754 | |||
| Net investment income | $7,431 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $90,905 | $91,754 |
| Cash - non-interest-bearing | $659 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $69,059 | |
| Investments-corporate bonds | $16,736 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $4,451 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $90,905 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $6,261 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $74 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $74 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| 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 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| 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? | Yes |
| 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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | 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 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $98,410 |
| Net value of noncharitable-use assets | $96,940 |
| Minimum investment return | $4,847 |
| Distributable Amount (for 2011) | |
| Distributable amount | $4,773 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $4,773 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $3,599 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | 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 |
Milwaukee Sharon Junior Academy, Lake Region Conference Of Seventh-D in Milwaukee, WI
  |
| Wisconsin Conservatory Of Music Inc in Milwaukee, WI |
Milwaukee Striders Track Club Inc, Joe Sims' Milwaukee Striders Track Club in Milwaukee, WI
 |
|
Mama Deltas Lovehouse in Milwaukee, WI
|
|
Ezekiel Community Development Corporation in Milwaukee, WI
|
|
Journeys To Inspire Inc in Milwaukee, WI
|
|
T-Oats For Equine Charity Incorporated in Milwaukee, WI
|
|
Susan & Leander Jennings Foundation Inc in Milwaukee, WI
|
|
In The Dance Cafe Inc in Milwaukee, WI
|
|
Foster Care Youth Independence Center Of Wisconsin Inc in Milwaukee, WI
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Boy Scouts Of America, 107 Grand Teton Council | 574 4th St, Idaho Falls, ID 83401-3949 | ID | 1965-11 | $7,396,269 |
| 2 | Boy Scouts Of America, 629 Three Harbors Council | 330 S 84th St, Milwaukee, WI 53214-1468 | WI | 1965-11 | $5,055,989 |
| 3 | Boy Scouts Of America, 574 Bay Area Council | 3020 53rd St, Galveston, TX 77551-5917 | TX | 1965-11 | $3,502,813 |
| 4 | Boy Scouts Of America, 611 Inland Northwest Council | 411 W Boy Scout Way, Spokane, WA 99201-2243 | WA | 1965-11 | $3,464,102 |
| 5 | Boy Scouts Of America, 364 Twin Rivers Council | 253 Washington Ave Ext, Albany, NY 12205-5504 | NY | 1965-11 | $3,131,087 |
| 6 | Boy Scouts Of America, 549 Palmetto Council | 420 S Church St, Spartanburg, SC 29306-5232 | SC | 1965-11 | $1,849,164 |
| 7 | Boy Scouts Of America, 230 Nashua Valley | 1980 Lunenburg Rd, Lancaster, MA 01523-2735 | MA | 1965-11 | $1,394,501 |
| 8 | Norwella Council Trust | Jpmorgan Chase Banknapobox 3038, Milwaukee, WI 53201 | WI | 1997-10 | $106,682 |
| 9 | Boy Scouts Of America Troop 574 Inc | 1524 E Grand Blvd, St Louis, MO 63107-1428 | MO | 1997-08 | $0 |
| 10 | Desert Trail Association Foundation | Po Box 34, Madras, OR 97741 | OR | 1995-12 | $0 |
| 11 | Explorer Post 813 | 835 8th Ave, Redwood City, CA 94063-4230 | CA | 1995-03 | $0 |
| 12 | Friends Of 115 Incorporated | 808 E Carroll Ln, Midwest City, OK 73110-7812 | OK | 1997-01 | $0 |
| 13 | Kidpower Teenpower Fullpower International, Kidpower Of Colorado Springs | 627 N Weber Ste 6, Colorado Springs, CO 80903 | CO | 1998-04 | $0 |
| 14 | Parents Of Troop 399 | 10741 Ambassador Dr, Rncho Cordova, CA 95670-2455 | CA | 1995-08 | $0 |
| 15 | Post 71 Youth Foundation Inc Tt | 3126 W 51st St, Indianapolis, IN 46228-2112 | IN | 1991-05 | $0 |
| 16 | Richard Greenamyer Memorial Fund Boy Scouts Of America | PO BOX 290176, Phelan, CA 92329-0176 | CA | 1995-02 | $0 |
| 17 | Troop 205 Boy Scouts Of America, Troop 205 | 2120 61st St, Brooklyn, NY 11204 | NY | 1997-11 | $0 |
| 18 | Troop 56 Boy Scouts Of America Hamilton Alabama Incorporated | 445 Lake Ridge Drive, Hamilton, AL 35570 | AL | 1998-07 | $0 |
| 19 | Trustees Of The Boy Scout Fund St Christophers Church | 266 Righters Mill Rd, Gladwyne, PA 19035-1533 | PA | 1995-07 | $0 |
| 20 | World Organization Of The Scout Movement | Geneva, Switzerland | international | 1973-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||
| Total | 28 | ||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Norwella Council Trust »
Non-representatives - add comments about Norwella Council Trust»