Arnolds Mills Community House in Providence, Rhode Island (RI)
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 Rhode Island
| Arnolds Mills Community House | |
| Employer Identification Number (EIN) | 050372162 |
| Name of Organization | Arnolds Mills Community House |
| In Care of Name | The Private Bank |
| Address | PO BOX 1802, Providence, RI 02901-1802 |
| Activities | Other cultural or historical activities, Community service organization |
| Subsection | Charitable Organization |
| Ruling Date | 02/1980 |
| Deductibility | Contributions are deductible |
| Foundation | Private operating foundation exempt from paying excise taxes on investment income |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $674,863 |
| Amount of Income | $222,251 |
| Form 990 Revenue Amount | $80,055 |
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 | $98,467 | $37,216 | $19,009 | |
| Contributions, gifts, grants, etc., received | $61,251 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $10,999 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $-6 | |||
| Other | $26,223 | |||
| Total expenses and disbursements | $47,205 | $2,905 | $0 | $44,383 |
| Compensation of officers, directors, trustees, etc. | $4,556 | |||
| Total operating and administrative expenses | $47,205 | $2,905 | $44,383 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $51,262 | |||
| Net investment income | $34,311 | |||
| Adjusted net income | $19,009 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $631,425 | $638,706 |
| Cash - non-interest-bearing | $2,897 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $405,362 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $33,633 | |
| Other | $189,533 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $631,425 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $26,223 |
| 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? | 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? | Yes |
| 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 | $464,975 |
| Net value of noncharitable-use assets | $458,000 |
| Minimum investment return | $22,900 |
| 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 | $19,009 | $18,840 | $17,959 | $10,300 | $66,108 |
| Qualifying distributions made directly for active conduct of exempt activities | $44,383 | $37,772 | $33,035 | $41,185 | $156,375 |
| Value of all assets | $638,706 | $579,992 | $573,107 | $503,593 | $2,295,398 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $160,000 | $160,000 | $160,000 | $160,000 | $640,000 |
| 2/3 of minimum investment return | $15,267 | $13,836 | $11,973 | $9,748 | $50,824 |
| 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) | $61,251 | $47,223 | $41,241 | $48,480 | $198,195 |
| Gross investment income | $19,009 | $18,840 | $21,566 | $10,300 | $69,715 |
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| Other organizations in Rhode Island | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Arkansas Automobile Insurance Plan | C/O Aipso 302 Central Avenue, Johnston, RI 02919-4932 | RI | 1952-07 | $0 |
| 2 | Arlene E Phelps | PO BOX 1802, Providence, RI 02901-1802 | RI | 1989-03 | $243,708 |
| 3 | Arlene Smith Trust U/Deed | PO BOX 1802, Providence, RI 02901-1802 | RI | 1977-09 | $1,501,595 |
| 4 | Arline P Padelford Scholarship Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1972-06 | $110,258 |
| 5 | Arlington Catholic High School Scholarship Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1965-06 | $41,316 |
| 6 | Arlottie A Potts Perpetual Tr 9-06178-3, Fleet National Bank | PO BOX 1802, Providence, RI 02901-1802 | RI | $7,972 | |
| 7 | Loomis Housing Corp Potts Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 1970-12 | $137,331 |
| 8 | Armand Gregoire Tr Fbo St John | PO BOX 1802, Providence, RI 02901-1802 | RI | 1999-11 | $125,561 |
| 9 | Armenian Historical Association Of Rhode Island | PO BOX 28142, Providence, RI 02908-0142 | RI | 1998-06 | $299,088 |
| 10 | Armenian Students Association | 333 Atlantic Ave, Warwick, RI 02888-2062 | RI | 1952-07 | $290,819 |
| 11 | Arnolds Mills Community House | PO BOX 1802, Providence, RI 02901-1802 | RI | 1980-02 | $222,251 |
| 12 | Aronson Foundation Inc | 165 Blackstone Blvd, Providence, RI 02906-5701 | RI | 1952-09 | $95,939 |
| 13 | Arr Trust D Char Tr 31-01064-8 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1992-08 | $945,776 |
| 14 | Arrie & Estelle Bamberger Schol Trust | PO BOX 1802, Providence, RI 02901-1802 | RI | $735,081 | |
| 15 | Art & Peg Rolland Scholarship Fund | PO BOX 1802, Providence, RI 02901-1802 | RI | 2001-06 | $198,611 |
| 16 | Arthur & Harriet Wright Memorial Scholarship Trust 72926033 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1991-04 | $33,896 |
| 17 | Arthur A Houghton Jr Trust Ud Fbo 112061 Tt1-23859300, Vestry Of Wye Parish | PO BOX 1802, Providence, RI 02901-1802 | RI | $395,088 | |
| 18 | Arthur And Patricia Hill Foundation | PO BOX 1802, Providence, RI 02901-1802 | RI | 2000-11 | $342,720 |
| 19 | Arthur D & Marvis S Rolland Tr Fbo Worthington Council On Aging | PO BOX 1802, Providence, RI 02901-1802 | RI | 2002-01 | $103,443 |
| 20 | Arthur D & Marvis S Rolland Tr Fbo Worthington Fire Department | PO BOX 1802, Providence, RI 02901-1802 | RI | 2002-01 | $153,764 |



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