United Fund & Council Of Greater Lynn Inc in Swampscott, 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
| United Fund & Council Of Greater Lynn Inc | |
| Employer Identification Number (EIN) | 042121325 |
| Name of Organization | United Fund & Council Of Greater Lynn Inc |
| In Care of Name | Law Offices Of Goldman & Goldman |
| Address | 990 Paradise Rd Ste 1, Swampscott, MA 01907-1309 |
| Subsection | 4947(a)(1) - Private Foundation (Form 990PF Filer) |
| Foundation | All organizations except 501(c)(3) |
| Organization | Association |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $172,300 |
| Amount of Income | $129,499 |
| Form 990 Revenue Amount | $5,874 |
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 | $16,047 | $16,047 | $6,109 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $2 | |||
| Dividends and interest from securities | $4,187 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $11,858 | |||
| Total expenses and disbursements | $24,167 | $3,082 | $0 | $21,050 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $4,167 | $3,082 | $1,050 | |
| Contributions, gifts, grants paid | $20,000 | |||
| Excess of revenue over expenses and disbursements | $-8,120 | |||
| Net investment income | $12,965 | |||
| Adjusted net income | $6,109 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $172,300 | $172,300 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $136,278 | |
| Investments-corporate bonds | $30,823 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $5,199 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $172,300 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $11,858 |
| 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 | $130 |
| Total credits and payments | $102 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $102 |
| 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 | $28 |
| 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 | $184,202 |
| Net value of noncharitable-use assets | $181,440 |
| Minimum investment return | $9,072 |
| Distributable Amount (for 2012) | |
| Distributable amount | $8,942 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $8,942 |
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | United Electrical Radio & Machine Workers Of America, 204 Local | PO BOX 87, Taunton, MA 02780-0087 | MA | 1944-11 | $37,506 |
| 2 | United Electrical Radio & Machine Workers Of America | 165 New Boston Street - Suite 248, Woburn, MA 01801-6201 | MA | 1953-01 | $0 |
| 3 | United Electrical Radio & Machine Workers Of America, Ue Local 264 | 1 Beach Road, Ware, MA 01082-9471 | MA | 1944-11 | $0 |
| 4 | United Electrical Radio & Machine Workers Of America, 274 Local | 80 School St, Greenfield, MA 01301-2410 | MA | 1944-11 | $72,914 |
| 5 | United Food & Commercial Workers Lcl 1459 & Contrib Empl Lgl Ben Fd | 33 Eastland Street, Springfield, MA 01109-2348 | MA | 1993-09 | $99,438 |
| 6 | United Food And Commercial Workers International Union, 1445 Local | 30 Stergis Way, Dedham, MA 02026-2637 | MA | 1941-01 | $8,672,622 |
| 7 | United Food And Commercial Workers International Union, 1459 Local | 33 Eastland Street, Springfield, MA 01109-2348 | MA | 1941-01 | $2,118,729 |
| 8 | United Food And Commercial Workers International Union, 791 Local | 55 Norfolk Ave, South Easton, MA 02375-1190 | MA | 1941-01 | $2,221,596 |
| 9 | United Food And Cwu Local 1459 Educ Safety And Industry Tr Fund, Adbow Richard J Ttee | 33 Eastland Street, Springfield, MA 01109-2348 | MA | 2002-02 | $564 |
| 10 | United For A Fair Economy Inc, Share The Wealth | 1 Milk St Ste 5, Boston, MA 02109-5413 | MA | 1998-07 | $1,547,795 |
| 11 | United Fund & Council Of Greater Lynn Inc | 990 Paradise Rd Ste 1, Swampscott, MA 01907-1309 | MA | $129,499 | |
| 12 | United Fund Of Webster & Dudley Inc | 275 Main St, Webster, MA 01570-2262 | MA | 1965-09 | $292,330 |
| 13 | United Interfaith Action Of Southeastern Massachusetts | 160 Rock St, Fall River, MA 02720-3233 | MA | 1998-03 | $118,997 |
| 14 | United Lebanese Cemetery Corporation | 50 Corbett Rd, Lawrence, MA 01843 | MA | 2006-10 | $0 |
| 15 | United Lebanese Charitable Society Inc | 50 Corbett Road, Lawrence, MA 01843 | MA | 2007-05 | $0 |
| 16 | United Lebanese Social And Cultural Society Inc | 50 Corbett Rd, Lawrence, MA 01843-3326 | MA | 1989-01 | $131,181 |
| 17 | United Municipal Employees Of West Spfld | 26 Central Street, West Springfield, MA 01089-2797 | MA | 2000-06 | $15,346 |
| 18 | United Neighbors Of Fitchburg Inc | 218 Fairmount St, Fitchburg, MA 01420-3979 | MA | 1985-06 | $467,380 |
| 19 | United Order Of Odd Fellows | Box 177 24 Washington Street, Dorchester, MA 02121 | MA | 1941-11 | $3,469 |
| 20 | United Roogers Apprenticeship And Training Fund Loc 33 | PO BOX 9106, Stoughton, MA 02072-9106 | MA | $486,456 | |
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