Charles W & Nettie F Hunt Trust 137-1090877010 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
- Organizations performing similar types of work
| Charles W & Nettie F Hunt Trust 137-1090877010 | |
| Employer Identification Number (EIN) | 066334517 |
| Name of Organization | Charles W & Nettie F Hunt Trust 137-1090877010 |
| In Care of Name | Fleet Private Clients Group |
| Address | PO BOX 1802, Providence, RI 02901-1802 |
| Activities | YMCA, YWCA, YMCA, etc., Hospital |
| Subsection | Charitable Organization |
| Ruling Date | 10/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $349,948 |
| Amount of Income | $119,864 |
| Form 990 Revenue Amount | $31,678 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Young Men's or Women's Associations (YMCA, YWCA, YWHA, YMHA) |
Non-representatives - add comments:
Amount of income in 2014: $119,864 (it was $97,541 in 2012)
| This organization: | $119,864 |
| Other organizations performing similar types of work: | $1,787,850 |
Assets in 2014: $349,948 (it was $360,846 in 2012)
| Charles W & Nettie F Hunt Trust 137-1090877010: | $349,948 |
| Other organizations performing similar types of work: | $3,175,129 |
Expenses in 2012: $18,541
| Charles W & Nettie F Hunt Trust 137-1090877010: | $18,541 |
| Other organizations performing similar types of work: | $1,727,400 |
Income to expenses ratio in 2012: 6.5
| This organization: | 6.5 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 20.5% |
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 | $35,835 | $35,683 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $9,209 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $1 | |||
| Other | $26,625 | |||
| Total expenses and disbursements | $18,541 | $3,441 | $0 | $14,219 |
| Compensation of officers, directors, trustees, etc. | $5,415 | |||
| Total operating and administrative expenses | $7,021 | $3,441 | $2,699 | |
| Contributions, gifts, grants paid | $11,520 | |||
| Excess of revenue over expenses and disbursements | $17,294 | |||
| Net investment income | $32,242 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $360,846 | $354,147 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $353,296 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $7,550 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $360,846 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $26,625 |
| 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 | $645 |
| Total credits and payments | $568 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $568 |
| 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 | $77 |
| 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? | 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 | $346,250 |
| Net value of noncharitable-use assets | $341,060 |
| Minimum investment return | $17,053 |
| Distributable Amount (for 2012) | |
| Distributable amount | $16,408 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $16,408 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $2,064 |
| 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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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Young Mens Christian Association Of Pawt Ri | 660 Roosevelt Ave, Pawtucket, RI 02860-1008 | RI | 1942-12 | $11,399,299 |
| 2 | Young Mens Christian Association Of Orange County | 13821 Newport Avenue, Tustin, CA 92780-7803 | CA | 1934-10 | $32,192,791 |
| 3 | Young Womens Christian Association El Paso Del Norte Region | 201 E Main Dr Ste 400, El Paso, TX 79901-1383 | TX | 1942-07 | $28,736,601 |
| 4 | Greater Providence Young Mens Christian Association | 371 Pine St, Providence, RI 02903-4515 | RI | 1934-12 | $24,793,976 |
| 5 | Ymca Of The Mid-Peninsula | 2400 Geng Rd Ste 120, Palo Alto, CA 94303-3350 | CA | 1942-09 | $23,365,218 |
| 6 | Young Mens Christian Association Of Columbia Willamette | 9500 Sw Barbur Blvd Ste 200, Portland, OR 97219-5426 | OR | 1934-03 | $23,094,525 |
| 7 | Young Mens Christian Association Of Southeast Ventura County | 100 E Thousand Oaks Blvd Ste 187, Thousand Oaks, CA 91360-8109 | CA | 1971-03 | $21,188,062 |
| 8 | Young Mens Christian Association Buffalo Niagara, Ymca Buffalo Niagara | 301 Cayuga Rd Ste 100, Buffalo, NY 14225-1950 | NY | 1954-12 | $20,503,370 |
| 9 | Young Mens Christian Association Of Erie Pa | 31 W 10th St, Erie, PA 16501-1401 | PA | 1942-08 | $19,516,979 |
| 10 | Young Mens Christian Association Of Coastal Georgia Inc | PO BOX 14142, Savannah, GA 31416-1142 | GA | 1938-01 | $18,343,997 |
| 11 | Ymca Of Memphis & The Mid-South | 6373 N Quail Hollow Rd Ste 201, Memphis, TN 38120-1405 | TN | 1944-10 | $17,883,611 |
| 12 | Ymca Of Greater Syracuse | 340 Montgomery St, Syracuse, NY 13202-2015 | NY | 1971-09 | $17,812,955 |
| 13 | Young Womens Christian Association Of Greenwich Ct | 259 E Putnam Ave, Greenwich, CT 06830-4808 | CT | 1943-01 | $17,809,632 |
| 14 | Ymca Of Greater Omaha | 430 S 20th St, Omaha, NE 68102-2506 | NE | 1936-02 | $17,256,153 |
| 15 | Ymca Of Central Stark County | 1201 30th St Nw Ste 200a, Canton, OH 44709-2985 | OH | 1937-09 | $16,786,556 |
| 16 | Young Womens Christian Association Of The City Of New York | 50 Broadway Fl 13, New York, NY 10004-3826 | NY | 1944-05 | $16,463,518 |
| 17 | Young Mens Christian Association Of Akron Ohio, Ymca | 50 S Main St Ste 100, Akron, OH 44308-1847 | OH | 1934-02 | $16,293,818 |
| 18 | Ocean Community Ymca | 95 High St, Westerly, RI 02891-1812 | RI | 1942-06 | $4,822,685 |
| 19 | Young Mens Christian Association Of Smithfield | PO BOX 363, Greenville, RI 02828-0363 | RI | 1970-07 | $1,060,443 |
| 20 | Charles W & Nettie F Hunt Trust 137-1090877010 | PO BOX 1802, Providence, RI 02901-1802 | RI | 1997-10 | $119,864 |
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