Deborah Lincoln House in Belfast, Maine (ME)
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 Maine
| Deborah Lincoln House | |
| Employer Identification Number (EIN) | 010226346 |
| Name of Organization | Deborah Lincoln House |
| In Care of Name | Peggy Smith |
| Address | 60 Cedar St, Belfast, ME 04915-6302 |
| Activities | Housing for the aged (see also 153) |
| Subsection | Charitable Organization |
| Ruling Date | 01/1953 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation exempt from paying excise taxes on investment income |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2013 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $5,000,000 to $9,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $6,333,423 |
| Amount of Income | $5,394,593 |
| Form 990 Revenue Amount | $497,791 |
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 | $497,791 | $375,288 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $21 | |||
| Dividends and interest from securities | $260,351 | |||
| Gross rents | $5,000 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $122,503 | |||
| Other | $109,916 | |||
| Total expenses and disbursements | $687,340 | $65,674 | $0 | $701,189 |
| Compensation of officers, directors, trustees, etc. | $69,654 | |||
| Total operating and administrative expenses | $687,103 | $65,674 | $700,952 | |
| Contributions, gifts, grants paid | $237 | |||
| Excess of revenue over expenses and disbursements | $-189,549 | |||
| Net investment income | $309,614 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $5,382,490 | $6,933,187 |
| Cash - non-interest-bearing | $17,184 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $3,627,221 | |
| Investments-corporate bonds | $1,194,285 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $543,800 | |
| Total liabilities | $4,617 | |
| Mortgages and other notes payable | $0 | |
| Other | $4,617 | |
| Total liabilities and net assets/fund balances | $5,377,873 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $109,916 |
| 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? | 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 | $6,746,000 |
| Net value of noncharitable-use assets | $6,644,820 |
| Minimum investment return | $332,241 |
| 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 | $207,199 | $228,824 | $436,023 |
| Qualifying distributions made directly for active conduct of exempt activities | $701,189 | $683,221 | $600,533 | $584,071 | $2,569,014 |
| 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 | $221,494 | $215,270 | $204,546 | $199,218 | $840,528 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Sanctuary At Maple Hill Farms Inc in Auburn, ME
 |
Waterboro Land Trust Inc in North Waterboro, ME
 |
| Interpreter Services For The Deaf Inc in Cambridge, ME |
| Ashland Area Cross Country Ski Club in Ashland, ME |
Honoring Of The Elders in Sanford, ME
 |
|
Legacy Inc in Hampden, ME
|
| Andover Educational Fund Inc in Andover, ME |
|
Curran Homestead in Orrington, ME
|
|
Dirigo Search And Rescue Association in Orono, ME
|
| Friends Of The Doubling Point Light in Arrowsic, ME |
| Other organizations in Maine | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Daniel Hanley Center For Health Leadership | 217 Commercial St Ste 201, Portland, ME 04101-4678 | ME | 2006-06 | $929,842 |
| 2 | Darrow Foundation | 3101 Main St, Hanover, ME 04237-2006 | ME | 2001-09 | $58,709 |
| 3 | Daughters Of The Nile, Arok Temple #94 | Po Box 591, Auburn, ME 04212 | ME | 1972-10 | $0 |
| 4 | Davenport Trust Fund | 65 Front St, Bath, ME 04530-2508 | ME | 1957-08 | $921,861 |
| 5 | David & Kaye Flanagan Charitable Foundation | PO BOX 447, Manchester, ME 04351-0447 | ME | 2001-07 | $1 |
| 6 | David Marshall Ohmart Memorial Fund | PO BOX 656, Bangor, ME 04402-0656 | ME | 1974-12 | $4,162 |
| 7 | Davis Conservation Foundation | 30 Forest Falls Dr Ste 5, Yarmouth, ME 04096-6983 | ME | 1989-02 | $3,383,309 |
| 8 | Day Family Association | 1002 Mutton Lane, Veazie, ME 04401 | ME | 1980-01 | $0 |
| 9 | Day One | 525 Main Street, South Portland, ME 04106-5462 | ME | 1974-02 | $3,459,610 |
| 10 | Dean & Roberta Smith Foundation | 90 N Shore Ln, Winthrop, ME 04364-3016 | ME | 2003-08 | $15,702 |
| 11 | Deborah Lincoln House | 60 Cedar St, Belfast, ME 04915-6302 | ME | 1953-01 | $5,394,593 |
| 12 | Deck House School Inc | 124 Deckhouse Rd, Edgecomb, ME 04556-3537 | ME | 1998-08 | $1,030,079 |
| 13 | Dedham School Parents Teachers And Friends | 2065 Main Rd, Dedham, ME 04429 | ME | 2008-03 | $0 |
| 14 | Dee Boreth Memorial Fund Inc | PO BOX 465, Kittery, ME 03904-0465 | ME | 2000-08 | $12,504 |
| 15 | Deer Isle Artists Association | Po Box 634, Deer Isle, ME 04627 | ME | 1997-08 | $0 |
| 16 | Deer Isle Stonington Chamber Of Commerce | PO BOX 490, Deer Isle, ME 04627-0490 | ME | 1969-04 | $23,961 |
| 17 | Deer Isle Yacht Club | PO BOX 128, Sunset, ME 04683-0128 | ME | 1985-09 | $47,814 |
| 18 | Deering Memorial Post 6859 Vfw Inc | 687 Forest Ave, Portland, ME 04103-4101 | ME | 1972-01 | $349,786 |
| 19 | Deertrees Theatre Limited | PO BOX 577, Harrison, ME 04040-0577 | ME | 2012-09 | $96,185 |
| 20 | Delta Ambulance Corp | 29 Chase Ave, Waterville, ME 04901-4642 | ME | 1975-08 | $8,810,355 |
Organization representatives - add corrected or new information about Deborah Lincoln House »
Non-representatives - add comments about Deborah Lincoln House»