Compass Bank Foundation in Birmingham, Alabama (AL)
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 Alabama
| Compass Bank Foundation | |
| Employer Identification Number (EIN) | 630823545 |
| Name of Organization | Compass Bank Foundation |
| Address | PO BOX 10566, Birmingham, AL 35296-0001 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 05/1982 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $234,505 |
| Amount of Income | $4,858,442 |
| Form 990 Revenue Amount | $3,804,569 |
Non-representatives - add comments:
Revenue for 2012
Expenses 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 | $4,052,850 | $2,850 | $0 | |
| Contributions, gifts, grants, etc., received | $4,050,000 | |||
| Interest on savings and temporary cash investments | $2,850 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $4,607,990 | $0 | $0 | $4,606,800 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,190 | $0 | $0 | |
| Contributions, gifts, grants paid | $4,606,800 | |||
| Excess of revenue over expenses and disbursements | $-555,140 | |||
| Net investment income | $2,850 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $85,929 | $85,929 |
| Cash - non-interest-bearing | $85,929 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $85,929 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 | $29 |
| Total credits and payments | $70 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $70 |
| 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 | $41 |
| Amount to be credited to 2013 estimated tax | $41 |
| 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 | $1,141,621 |
| Net value of noncharitable-use assets | $1,124,500 |
| Minimum investment return | $56,225 |
| Distributable Amount (for 2012) | |
| Distributable amount | $56,196 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $56,196 |
| 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 |
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| Other organizations in Alabama | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Community Of Caritas | 100 Our Lady Queen Of Peace Drive, Sterrett, AL 35147 | AL | 2001-11 | $228,356 |
| 2 | Community Of Hope Health Clinic - A Volunteers In Medicine Clinic | 2000 County Services Dr, Pelham, AL 35124-6149 | AL | 2008-03 | $170,972 |
| 3 | Community Options Inc | 1401 Old Russellville Rd N, Jasper, AL 35503-6760 | AL | 2003-11 | $1,679,109 |
| 4 | Community Options Inc | 6001 Crestwood Blvd, Birmingham, AL 35212-4203 | AL | 1987-08 | $102,331 |
| 5 | Alabama Association Of Employers | PO BOX 453, Decatur, AL 35602-0453 | AL | 1971-04 | $52,141 |
| 6 | Community Service Foundation Trust | PO BOX 2886, Mobile, AL 36652-2886 | AL | 2001-07 | $108,031 |
| 7 | Community Services For Vision Rehabilitation Inc | 600 Bel Air Blvd Ste 110, Mobile, AL 36606-3501 | AL | 2005-12 | $387,131 |
| 8 | Community Services Of Calhoun & Cleburne Counties | 1702 Noble St Ste 112, Anniston, AL 36201-3827 | AL | 1998-10 | $0 |
| 9 | Community Theater Inc | PO BOX 622, Florence, AL 35631-0622 | AL | 1972-11 | $237,611 |
| 10 | Community Thrift Shop Inc, 55th Place Thrift Store | 5 55th Place, Birmingham, AL 35212 | AL | 1989-12 | $48,098 |
| 11 | Compass Bank Foundation | PO BOX 10566, Birmingham, AL 35296-0001 | AL | 1982-05 | $4,858,442 |
| 12 | Bbva Compass Charity | PO BOX 10566, Birmingham, AL 35296-0001 | AL | 2008-07 | $1,326,358 |
| 13 | Compass Ministries Inc | 9876 Mcgee St, Elberta, AL 36530 | AL | 2008-05 | $0 |
| 14 | Complete In Christ Ministries Inc | 606 Edgewood St Sw, Decatur, AL 35601-5646 | AL | 2005-03 | $16,787 |
| 15 | Conceptual International Agency | PO BOX 276, Helena, AL 35080-0276 | AL | 1995-12 | $18,695 |
| 16 | Concern For Children Inc | PO BOX 5072, Anniston, AL 36205-0072 | AL | 1981-02 | $93,660 |
| 17 | Concerned Citizens For Our Youth Inc, Walker Cnty Youth Dev | 1200 Beacon Ln, Jasper, AL 35504-8840 | AL | 1973-04 | $474,736 |
| 18 | Concord Fire Department Incorporated | 6798 Warrior River Rd, Bessemer, AL 35023-8001 | AL | 1991-02 | $0 |
| 19 | Concordia College | 1804 Green St, Selma, AL 36703-3323 | AL | 1941-07 | $15,720,904 |
| 20 | Conecuh County Farm Bureau | 10697 Owassa Rd, Evergreen, AL 36401-5752 | AL | 1973-04 | $20,476 |
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