Massachusetts Library Aid Association in Ashburnham, 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
| Massachusetts Library Aid Association | |
| Employer Identification Number (EIN) | 046038185 |
| Name of Organization | Massachusetts Library Aid Association |
| Address | 2 Memorial Dr, Ashburnham, MA 01430-1299 |
| Activities | Gifts, grants, or loans to other organizations, Library |
| Subsection | Literary Organization, Charitable Organization |
| Ruling Date | 04/1969 |
| 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 | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $333,391 |
| Amount of Income | $51,620 |
| Form 990 Revenue Amount | $11,933 |
Non-representatives - add comments:
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 | $8,436 | $8,553 | $8,553 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $8,553 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $12,177 | $240 | $0 | $11,703 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,019 | $240 | $545 | |
| Contributions, gifts, grants paid | $11,158 | |||
| Excess of revenue over expenses and disbursements | $-3,741 | |||
| Net investment income | $8,313 | |||
| Adjusted net income | $8,553 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $293,425 | $292,425 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $6,332 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $252,387 | |
| Other | $34,706 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $293,425 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-117 |
| 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 | $166 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $166 |
| 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? | 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 | $284,796 |
| Net value of noncharitable-use assets | $280,520 |
| Minimum investment return | $14,026 |
| Distributable Amount (for 2012) | |
| Distributable amount | $13,860 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $13,860 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $2,202 |
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Massachusetts Justices Of The Peace Association Inc | 69 Tremont St, Taunton, MA 02780-3041 | MA | 1987-04 | $26,834 |
| 2 | Massachusetts Juvenile Police Officers Assoc | PO BOX 228, Westborough, MA 01581-0228 | MA | 1990-08 | $46,514 |
| 3 | Massachusetts Laborers Building Unified Tr | 7 Laborers Way, Hopkinton, MA 01748-2684 | MA | 1998-06 | $3,276,116 |
| 4 | Massachusetts Laborers Legal Service Fund | 14 New England Executive Park Ste 1, Burlington, MA 01803-5219 | MA | 2004-11 | $2,388,705 |
| 5 | Massachusetts Land League | 249 Lakeside Ave, Marlborough, MA 01752-4503 | MA | 1983-03 | $43,695 |
| 6 | Massachusetts Laundryowners Association | 389 Main St Ste 202, Malden, MA 02148-5017 | MA | 1939-03 | $102,979 |
| 7 | Massachusetts Law Enforcement, Mlemf | 250 E Main St, Norton, MA 02766-2436 | MA | 1997-06 | $165,506 |
| 8 | Massachusetts Law Reform Institute Inc | 99 Chauncy St 5th Floor, Boston, MA 02111-1703 | MA | 1940-10 | $2,401,951 |
| 9 | Massachusetts Legal Assistance | 7 Winthrop Sq Fl 2, Boston, MA 02110-1245 | MA | 1984-08 | $20,041,171 |
| 10 | The Massachusetts Lgbtq Bar Association Inc | 16 Beacon St, Boston, MA 02108-3707 | MA | 1996-05 | $65,987 |
| 11 | Massachusetts Library Aid Association | 2 Memorial Dr, Ashburnham, MA 01430-1299 | MA | 1969-04 | $51,620 |
| 12 | Massachusetts Library Association | PO BOX 230813, Boston, MA 02123-0813 | MA | 1966-06 | $146,224 |
| 13 | Massachusetts Library Trustees Association | PO BOX 1503, Wakefield, MA 01880-5503 | MA | 1958-05 | $5,130 |
| 14 | Massachusetts Lions Distr 33n Optacon Fund Inc, Visual Aids Foundation Inc | 11 Lillian Rd, Acton, MA 01720-2609 | MA | 2014-06 | $13,417 |
| 15 | Massachusetts Lions District 33y Eyemobile Inc | PO BOX 168, Agawam, MA 01001-0168 | MA | 2003-07 | $14,963 |
| 16 | Massachusetts Literacy Foundation Inc | 70 Fargo St Ste 600, Boston, MA 02210-2131 | MA | 2002-07 | $707 |
| 17 | Massachusetts Literacy Project Corp | Po Box 81084, Wellesley Hills, MA 02481 | MA | 2003-08 | $0 |
| 18 | Massachusetts Lobstermens Association Inc | 8 Otis Pl, Scituate, MA 02066-1323 | MA | 1977-02 | $413,373 |
| 19 | Massachusetts Locksmiths Ass0ciation Inc | 99 Brewster Rd, Waltham, MA 02451-2355 | MA | 1988-12 | $25,469 |
| 20 | Massachusetts Lodging Association | 1 Devonshire Pl Apt 2113, Boston, MA 02109-3541 | MA | 1997-05 | $765,823 |
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