Lamar Construction Foundation in Hudsonville, Michigan (MI)
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
- Organizations performing similar types of work
| Lamar Construction Foundation | |
| Employer Identification Number (EIN) | 454078022 |
| Name of Organization | Lamar Construction Foundation |
| In Care of Name | Paul Vanbeek |
| Address | 4404 Central Pkwy, Hudsonville, MI 49426-7831 |
| Subsection | Charitable Organization |
| Ruling Date | 01/2013 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation (other) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $1 to $9,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $310 |
| Amount of Income | $236,050 |
| Form 990 Revenue Amount | $164,000 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2012: $236,050 (it was $164,000 in 2011)
| This organization: | $236,050 |
| Other organizations performing similar types of work: | $67,593 |
Assets in 2012: $310 (it was $164,000 in 2011)
| Lamar Construction Foundation: | $310 |
| Other organizations performing similar types of work: | $38,144 |
Expenses in 2012: $399,740
| Lamar Construction Foundation: | $399,740 |
| Other organizations performing similar types of work: | $42,291 |
Income to expenses ratio in 2012: 0.6
| Lamar Construction Foundation: | 0.6 |
| Other organizations performing similar types of work: | 2.4 |
Grants share in income in 2012: 100.0%
| Lamar Construction Foundation: | 100.0% |
| Other organizations performing similar types of work: | 98.6% |
Expenses 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 | $236,050 | $0 | $0 | |
| Contributions, gifts, grants, etc., received | $236,050 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $399,740 | $0 | $0 | $398,877 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $45,260 | $0 | $44,397 | |
| Contributions, gifts, grants paid | $354,480 | |||
| Excess of revenue over expenses and disbursements | $-163,690 | |||
| Net investment income | $0 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $310 | $310 |
| Cash - non-interest-bearing | $310 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $310 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| 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 |
| 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 | $2,251 |
| Net value of noncharitable-use assets | $2,220 |
| Minimum investment return | $111 |
| Distributable Amount (for 2012) | |
| Distributable amount | $111 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $111 |
| 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 | $0 | $0 | $0 | $0 | $0 |
| 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 | $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 |
| Write your review! |
|
|
| Recently Added Reviews |
Blue Water Pregnancy Care Center in Port Huron, MI
  |
|
Knights Of The Road Motorcycle Club in Detroit, MI
|
| Oakland County Bible Students Inc in Clawson, MI |
Mich Volunteer Legionary Corps Of Artillery in Owosso, MI
 |
|
Ludington Recreation Soccer Board, Ludington Soccer Club in Ludington, MI
|
| Clinton River Ski Club in Boyne City, MI |
|
Rabbit & Small Animal Rescue in Westland, MI
|
|
Prison Legal Services Of Michigan Inc in Jackson, MI
|
|
Special Dreams Farm in New Baltimore, MI
|
|
Believers Community Outreach Center in Macomb Township, MI
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Southwest Childrens Swing For Life | 3911 E Chandler Blvd Pmb 123, Phoenix, AZ 85048 | AZ | 2007-03 | $75,238 |
| 2 | Just | 600 W Lafayette Blvd 4th Flr, Detroit, MI 48226-2711 | MI | 2013-04 | $408,841 |
| 3 | Friends Of Kenyan Orphans | 920 Berkshire Rd, Grosse Pointe, MI 48230-1822 | MI | 2009-03 | $342,538 |
| 4 | Team Joseph Inc | 3050 Union Lake Road, Commerce Township, MI 48382-4509 | MI | 2011-01 | $311,895 |
| 5 | Charles And Rita Anderson Foundation | 828 S Golden Beach Dr, Kewadin, MI 49648-9225 | MI | 2011-06 | $241,130 |
| 6 | Lamar Construction Foundation | 4404 Central Pkwy, Hudsonville, MI 49426-7831 | MI | 2013-01 | $236,050 |
| 7 | Heart 2 Hart Detroit Inc | 32310 Shrewsbury St, Farmingtn Hls, MI 48334-1639 | MI | 2013-08 | $176,234 |
| 8 | Williams Charity Fund | 6533 East Jefferson Suite 429a, Detroit, MI 48207-4458 | MI | 2012-01 | $173,220 |
| 9 | Tom Kowalski Foundation Inc | 45 E Chicago Ave, Pontiac, MI 48340-1216 | MI | 2013-02 | $97,984 |
| 10 | Oxford Hbot Kids | 21800 Pontiac Trail Suite 300, South Lyon, MI 48178 | MI | 2010-12 | $86,620 |
| 11 | Warthogs Mc Southern Macomb Chapter | 30277 Lorraine Ave, Warren, MI 48093-8010 | MI | 2010-10 | $22,832 |
| 12 | Mack And Third | 21716 Homer St, Dearborn, MI 48124-2927 | MI | 2012-03 | $17,350 |
| 13 | Zebras Care Charities Inc | 10445 Farmbrook Drive, Brighton, MI 48114-7585 | MI | 2010-05 | $12,620 |
| 14 | Chesterfield Lions Charities Inc | 52924 Burgess Dr, Chesterfield, MI 48047-5941 | MI | 2003-01 | $11,473 |
| 15 | Nomm Inc | 2960 Auburn Rd Unit 214262, Auburn Hills, MI 48321-7711 | MI | 2014-07 | $11,152 |
| 16 | Steelhorse Riders Mc | PO BOX 182393, Shelby Twp, MI 48318-2393 | MI | 2009-04 | $5,904 |
| 17 | God S Vision For Haiti | PO BOX 8211, Kentwood, MI 49518 | MI | 2013-03 | $4,203 |
| 18 | Grandville Rotary Foundation | 3532 Evan Brooke Dr Sw, Grandville, MI 49418 | MI | 2009-09 | $1,217 |
| 19 | Isgl Endowment Fund | 920 S Harrison Rd, East Lansing, MI 48823-5164 | MI | 2012-07 | $100 |
| 20 | Volpe Memorial Fund | 69263 Pine River Dr, Bruce Township, MI 48065-4043 | MI | 1999-08 | $12 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,511 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Lamar Construction Foundation »
Non-representatives - add comments about Lamar Construction Foundation»