MELVIN SIMMONS TRUST KENNEBEC SAVINGS BANK TRUSTEE

Address
PO BOX 50
AUGUSTA, ME 04332
Contact
Phone: +1 (207) 622-4766
Nonprofit
NTEE: T90 - Named Trusts/Foundations N.E.C.
EIN: 01-6040875

Mission

TO ASSIST THE CITY OF HALLOWELL, MAINE WITH THE SUPPORT OF ATHLETICS AT HALLDALE HIGH SCHOOOL
 20182017201620152014
Basic features of the organization
Year of formation1976
Subsection code03
PF filing required0    
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$8,031.00$7,805.00$7,787.00$8,005.00$7,814.00
Sum of reportable (W2/1099) compensation$0.00$7,805.00$7,787.00$8,005.00$7,814.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors00000
Personnel
Bank, Kennebec
Title    TRUSTEE
Name of key/compensated person    KENNEBEC SAVINGS BANK
Position of compensated person
Current institutional trustee    True
Average hours per week working for org    1.00
Reportable compensation from org    $7,814.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO ASSIST THE CITY OF HALLOWELL MAINE WITH THE SUPPORT OF ATHLETICS AT HALLDALE HIGH SCHOOL.TO ASSIST THE CITY OF HALLOWELL MAINE WITH THE SUPPORT OF ATHLETICS AT HALLDALE HIGH SCHOOL.TO ASSIST THE CITY OF HALLOWELL MAINE WITH THE SUPPORT OF ATHLETICS AT HALLDALE HIGH SCHOOL.TO ASSIST THE CITY OF HALLOWELL MAINE WITH THE SUPPORT OF ATHLETICS AT HALLDALE HIGH SCHOOL.TO ASSIST THE CITY OF HALLOWELL MAINE WITH THE SUPPORT OF ATHLETICS AT HALLDALE HIGH SCHOOL.
Program service expenses, total$55,917.00$53,748.00$55,793.00$57,216.00$52,493.00
Programs, including revenue & expenses
TRUST DISTRIBUTES ITS INCOME AND PORTIONS OF PRINCIPAL TO THE CITY OF HALLOWELL PURSUANT TO PARAGRAPH 9 OF THE TRUST INSTRUMENT.
Program expenses$55,917.00$53,748.00$55,793.00$57,216.00$52,493.00
Grants and allocations made$55,917.00$53,748.00$55,793.00$57,216.00$52,493.00
Program descriptionTRUST DISTRIBUTES ITS INCOME AND PORTIONS OF PRINCIPAL TO THE CITY OF HALLOWELL PURSUANT TO PARAGRAPH 9 OF THE TRUST INSTRUMENT.TRUST DISTRIBUTES ITS INCOME AND PORTIONS OF PRINCIPAL TO THE CITY OF HALLOWELL PURSUANT TO PARAGRAPH 9 OF THE TRUST INSTRUMENT.TRUST DISTRIBUTES ITS INCOME AND PORTIONS OF PRINCIPAL TO THE CITY OF HALLOWELL PURSUANT TO PARAGRAPH 9 OF THE TRUST INSTRUMENT.TRUST DISTRIBUTES ITS INCOME AND PORTIONS OF PRINCIPAL TO THE CITY OF HALLOWELL PURSUANT TO PARAGRAPH 9 OF THE TRUST INSTRUMENT.TRUST DISTRIBUTES ITS INCOME AND PORTIONS OF PRINCIPAL TO THE CITY OF HALLOWELL PURSUANT TO PARAGRAPH 9 OF THE TRUST INSTRUMENT.
Financial data
Revenue
Total revenue$87,896.00$77,172.00$142,763.00$139,800.00$50,402.00
Revenue from contributions (total)  $0.00$0.00$0.00
Investment income, current yr$87,896.00$77,172.00$142,763.00$139,800.00$50,402.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)  $0.00$0.00$0.00
Gross receipts$295,767.00$406,848.00$675,474.00$362,115.00$222,535.00
Other types of revenue
Income from dividends, interest, and similar investments$37,464.00$36,371.00$39,707.00$39,808.00$44,478.00
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$65,480.00$62,761.00$65,566.00$67,538.00$61,865.00
Total functional expenses: program service $55,917.00$53,748.00$55,793.00$57,216.00$52,493.00
Total functional expenses: management and general$9,563.00$9,013.00$9,773.00$10,322.00$9,372.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$1,279,762.00$1,257,346.00$1,242,935.00$1,165,738.00$1,093,476.00
Total assets, beginning of year$1,257,346.00$1,242,935.00$1,165,738.00$1,093,476.00$1,104,939.00
Total liabilities$0.00$0.00$0.00$0.00$0.00
Total liabilities, beginning of year$0.00$0.00$0.00$0.00$0.00
Net assets$1,279,762.00$1,257,346.00$1,242,935.00$1,165,738.00$1,093,476.00
Net assets, beginning of year$1,257,346.00$1,242,935.00$1,165,738.00$1,093,476.00$1,104,939.00
Investments: publicly traded securities$1,183,882.00$1,203,730.00$1,150,869.00$1,133,374.00$1,019,535.00
Other financial variables
Revenue less expenses$22,416.00$14,411.00$77,197.00$72,262.00-$11,463.00
Savings & temp cash investment$95,880.00$53,616.00$92,066.00$32,364.00$73,941.00
Total net assets or fund balances$1,279,762.00$1,257,346.00$1,242,935.00$1,165,738.00$1,093,476.00
Governance and accountability
Number of voting members11111
Number of independent voting members00000
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2017-05-012016-05-012015-05-012014-05-012013-05-01
Tax year end date2018-04-012017-04-012016-04-012015-04-012014-04-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-09-122017-12-042017-01-102015-11-232014-10-29
IRS schema version2017v2.22016v3.02015v2.12014v5.02013v3.0
Filing identifier201801439349300135201742589349300104201602539349301005201532589349300003201422589349300212
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