Cohasset Conservation Trust Inc in Cohasset, 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
| Cohasset Conservation Trust Inc | |
| Employer Identification Number (EIN) | 043270892 |
| Name of Organization | Cohasset Conservation Trust Inc |
| In Care of Name | R G Vanderweil Pres |
| Address | 22 Surry Dr, Cohasset, MA 02025-1024 |
| Activities | Business promotion (chamber of commerce, business league, etc.) |
| Subsection | Charitable Organization |
| Ruling Date | 06/1996 |
| 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 | $2,928,270 |
| Amount of Income | $270,709 |
| Form 990 Revenue Amount | $43,631 |
Non-representatives - add comments:
Revenue 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 | $562,050 | $29,805 | $28,863 | |
| Contributions, gifts, grants, etc., received | $532,245 | |||
| Interest on savings and temporary cash investments | $8,099 | |||
| Dividends and interest from securities | $20,757 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $949 | |||
| Total expenses and disbursements | $19,220 | $125 | $125 | $19,095 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $19,220 | $125 | $19,095 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $542,830 | |||
| Net investment income | $29,680 | |||
| Adjusted net income | $28,738 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,926,203 | $2,926,203 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $68,666 | |
| Investments-corporate bonds | $412,680 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $242,399 | |
| Other | $2,202,458 | |
| Total liabilities | $150,000 | |
| Mortgages and other notes payable | $0 | |
| Other | $150,000 | |
| Total liabilities and net assets/fund balances | $2,776,203 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $949 |
| 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 | $297 |
| Total credits and payments | $779 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $179 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $600 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $482 |
| Amount to be credited to 2013 estimated tax | $482 |
| 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 | $827,648 |
| Net value of noncharitable-use assets | $815,240 |
| Minimum investment return | $40,762 |
| 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 | $28,738 | $29,045 | $34,731 | $31,750 | $124,264 |
| Qualifying distributions made directly for active conduct of exempt activities | $169,095 | $10,938 | $7,922 | $8,922 | $196,877 |
| 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 | $27,175 | $26,029 | $24,773 | $23,336 | $101,313 |
| 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 | Coastline Elderly Services Inc | 1646 Purchase St, New Bedford, MA 02740-6819 | MA | 1977-08 | $17,185,201 |
| 2 | Coburn Charitable Society | PO BOX 170, Ipswich, MA 01938-0170 | MA | 1942-08 | $135,881 |
| 3 | Codman Community Farms Inc | 58 Codman Rd, Lincoln, MA 01773-3714 | MA | 1974-11 | $383,469 |
| 4 | Codman Square Neighborhood Development Corporation | 587 Washington St, Dorchester, MA 02124-2033 | MA | 1982-05 | $4,533,611 |
| 5 | Cogan Family Foundation Tr, Cogan John F Jr Ttee | PO BOX 961019, Boston, MA 02196-1019 | MA | 2000-08 | $17,142,801 |
| 6 | Coghlin Family Foundation | 27 Otis St Ste 300, Westborough, MA 01581-3373 | MA | 2002-04 | $125,598 |
| 7 | Coghlin Services Fund | 100 Prescott Street, Worcester, MA 01605-1713 | MA | 2002-02 | $328,110 |
| 8 | Cohasett Lacrosse Boosters Inc | PO BOX 5, Cohasset, MA 02025-0005 | MA | 1998-05 | $136,011 |
| 9 | Cohasset Center For Student Coastal Research Inc | 40 Parker Ave, Cohasset, MA 02025-2027 | MA | 1998-06 | $24,953 |
| 10 | Cohasset Central Cemetery | PO BOX 142, Cohasset, MA 02025-0142 | MA | 1975-09 | $198,523 |
| 11 | Cohasset Conservation Trust Inc | 22 Surry Dr, Cohasset, MA 02025-1024 | MA | 1996-06 | $270,709 |
| 12 | Cohasset Dramatic Club Inc | PO BOX 53, Cohasset, MA 02025-0053 | MA | 2005-08 | $57,587 |
| 13 | Cohasset Gridiron Club | PO BOX 223, Cohasset, MA 02025-0223 | MA | 1984-09 | $45,786 |
| 14 | Cohasset Historical Society 14 | PO BOX 627, Cohasset, MA 02025-0627 | MA | 1956-12 | $125,409 |
| 15 | Cohasset Library Building Fund Inc | 35 Ripley Rd, Cohasset, MA 02025-1745 | MA | 2000-04 | $7,508 |
| 16 | Cohasset Library Trust Inc | 35 Ripley Rd, Cohasset, MA 02025-1745 | MA | 2007-02 | $161,884 |
| 17 | Cohasset Lightkeepers Corporation | PO BOX 514, Cohasset, MA 02025-0514 | MA | 1996-05 | $64,976 |
| 18 | Cohasset Local Education Foundation Ltd | PO BOX 309, Cohasset, MA 02025-0309 | MA | 1993-05 | $192,750 |
| 19 | Cohasset Maritime Institute Inc | 40 Parker Ave, Cohasset, MA 02025-2027 | MA | 1995-05 | $140,381 |
| 20 | Cohasset Parent School Organization | PO BOX 30, Cohasset, MA 02025-0030 | MA | 1992-02 | $88,875 |



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