Berkshire Retirement Home Inc in Pittsfield, 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
| Berkshire Retirement Home Inc | |
| Employer Identification Number (EIN) | 042103875 |
| Name of Organization | Berkshire Retirement Home Inc |
| Address | 89 South St, Pittsfield, MA 01201-6108 |
| Activities | Housing for the aged (see also 153) |
| Subsection | Charitable Organization |
| Ruling Date | 01/1939 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation exempt from paying excise taxes on investment income |
| Organization | Corporation |
| Exempt Organization Status | Organization terminating its private foundation status under section 507(b)(1)(B) of the Code |
| Tax Period | 05/2014 |
| Assets | $10,000,000 to $49,999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $16,053,218 |
| Amount of Income | $7,252,885 |
| Form 990 Revenue Amount | $3,953,328 |
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 | $3,953,328 | $347,206 | $3,817,633 | |
| Contributions, gifts, grants, etc., received | $10,452 | |||
| Interest on savings and temporary cash investments | $324 | |||
| Dividends and interest from securities | $180,788 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $3,595,670 | |||
| Other | $166,094 | |||
| Total expenses and disbursements | $3,450,483 | $52,037 | $166,184 | $3,192,387 |
| Compensation of officers, directors, trustees, etc. | $138,529 | |||
| Total operating and administrative expenses | $3,450,483 | $52,037 | $3,192,387 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $502,845 | |||
| Net investment income | $295,169 | |||
| Adjusted net income | $3,651,449 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $9,655,634 | $9,877,116 |
| Cash - non-interest-bearing | $448,199 | |
| Investments-U.S. and state government obligations | $2,220,235 | |
| Investments-corporate stock | $3,918,018 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $3,069,182 | |
| Total liabilities | $348,292 | |
| Mortgages and other notes payable | $0 | |
| Other | $348,292 | |
| Total liabilities and net assets/fund balances | $9,307,342 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $166,094 |
| 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 |
| 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? | 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 | $7,485,058 |
| Net value of noncharitable-use assets | $7,372,780 |
| Minimum investment return | $368,639 |
| 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 | $3,192,387 | $2,878,169 | $2,843,861 | $2,750,821 | $11,665,238 |
| 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 | $245,759 | $225,618 | $202,471 | $198,997 | $872,845 |
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Berkshire Mountain Search & Rescue Team Inc | 16 Newark St, Adams, MA 01220-1115 | MA | 1984-11 | $3,465 |
| 2 | Berkshire Music School Inc | 30 Wendell Ave, Pittsfield, MA 01201-6306 | MA | 1944-02 | $565,280 |
| 3 | Berkshire Nursing Families Inc | PO BOX 341, Adams, MA 01220-0341 | MA | 2001-06 | $79,950 |
| 4 | Berkshire Omega Corp | PO BOX 421, Pittsfield, MA 01202-0421 | MA | 1980-10 | $1,051,501 |
| 5 | Berkshire Opera Company Inc | 297 North St, Pittsfield, MA 01201-4602 | MA | 1988-05 | $566,442 |
| 6 | Berkshire Playwrights Lab Inc | PO BOX 118, Gt Barrington, MA 01230-0118 | MA | 1988-12 | $194,731 |
| 7 | Berkshire Psychoanalytic Institute Inc | PO BOX 877, Stockbridge, MA 01262-0877 | MA | 2005-01 | $29,201 |
| 8 | Berkshire Pulse Inc | 410 Park St, Housatonic, MA 01236 | MA | 2005-08 | $200,441 |
| 9 | Berkshire Resource Project Inc | 85 Main St Ste 212, North Adams, MA 01247-3429 | MA | 2006-09 | $119,936 |
| 10 | Berkshire Resources For Integration Of Diverse Groups & Education Inc, Bridge | 17 Main St Ste 2, Lee, MA 01238-1648 | MA | 2008-06 | $224,267 |
| 11 | Berkshire Retirement Home Inc | 89 South St, Pittsfield, MA 01201-6108 | MA | 1939-01 | $7,252,885 |
| 12 | Berkshire Scenic Railway Museum Inc | PO BOX 2195, Lenox, MA 01240-5195 | MA | 1984-10 | $137,445 |
| 13 | Berkshire Sculling Association Inc | PO BOX 787, Pittsfield, MA 01202-0787 | MA | 2003-03 | $15,432 |
| 14 | Berkshire Snow Seekers Snowmobile Club Inc | PO BOX 1102, Pittsfield, MA 01202-1102 | MA | 1994-09 | $46,317 |
| 15 | Berkshire South Regional Community | 15 Crissey Rd, Gt Barrington, MA 01230-1299 | MA | 1997-05 | $2,419,508 |
| 16 | Berkshire Village Inc | 135 Jug End Rd, Gt Barrington, MA 01230-9724 | MA | 1973-10 | $112,646 |
| 17 | Berkshire Youth Hockey Inc | PO BOX 1001, Sheffield, MA 01257-1001 | MA | 1983-11 | $41,699 |
| 18 | Berkshire-Pioneer Resource Conservation & Development Area In | 324 Wells St, Greenfield, MA 01301-1628 | MA | 1979-01 | $33,359 |
| 19 | Berlandi Family Foundation Inc | 12 Hearthstone, Plymouth, MA 02360-6372 | MA | 2002-01 | $234,570 |
| 20 | Berlin Retirement Homes Inc | 135 Pleasant Street, Berlin, MA 01503-1667 | MA | 1978-06 | $394,209 |
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