U.S. Treasury Department—Internal Revenue Service

rorm 990-T U.S. EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN

(Under Section 511, of the Internal Revenue Code of 1954)

1954

FOR CALENDAR YEAR 1954 Serial No.
or other taxable
year beginning . 1954, and ending +195
PLEASE TYPE OR PRINT PLAINLY District

NAME

‘ADDRESS (Number and street)

Cashier's stamp

(City or town, postal zone number, State)

NAME OF TRUST'S FIDUCIARY

‘ADDRESS OF TRUST'S FIDUCIARY

Nature of trade or business activity

Date of exemption or determination letter and code section under which you are exempt

UNRELATED BUSINESS TAXABLE INCOME COMPUTATION

10 S24. UNRELATED TRADE OR BUSINESS GROSS INCOME
1. Gross sales (where inventories are Less: Returns and
an income-determining factor)... $_.... .. allowances.. $....

2. Less: Cost of goods sold (from Schedule A)
3. Gross profit from sales.

4. Gross receipts (where inventories are not an income-determining
factor)...
5. Less: Cost of operations (from Schedule B) .
6. Gross profit where inventories are not an income-determining factor.
7. (a) Net capital gain from cutting timber. (Attach statement)...
(b) Net ordinary loss from cutting timber. (Attach statement)
8. Income from partnerships. (Attach statement)..............-
9. Business lease rents (from Schedule C)
10. Total unrelated trade or business income in items 3, and 6 to 9, inclusive.
DEDUCTIONS

(Except contributions, deductions must be directly connected with the unrelated business)
11. Compensation of officers or trustees (from Schedule D)
12. Salaries and wages (not deducted elsewhere)

13. Rent...........0.00 2200
14. Repairs (Do not include cost of improvements or capital expenditures).
15. Bad debts (from Schedule E)
16.
17. Taxes. (Attach schedule)... .
18. Contributions or gifts paid. (Attach list of organizations and amounts paid to each) ......
19. Losses by fire, storm, shipwreck, or other casualty, or theft. (Attach schedule)................
20. Depreciation and amortization (from Schedule F)..
21. Depletion of mines, oil and gas wells, timber, etc. (Attach schedule)
22. Advertising
23. Amount contributed under: (a) A pension, 2, annuity, slock bonus, or profitshaving plan .

(6) Other employee benefit plans,
24. Other deductions authorized by law. (Attach schedule)
25. Total deductions in items 11 to 24, inclusive. .
26. Unrelated business taxable income before net operating loss deduction (item 10 |
21. Less: Net operating loss deduction. (Attach statement)
28. Unrelated business taxable income before specific exemption. ..
29. Less: Specific exemption ......... .
30. Unrelated business taxable income ......-

TOTAL INCOME TAX

31. Balance of income tax due (from line 5 or 10, page 2, whichever is applicable)

SIGNATURE AND VERIFICATION

I, the undersigned, fiduciary of the trust or president, vice president, treasurer, assistant treasurer, chief accounting officer (or other duly authorized officer)
of the organization for which this return is made, declare under the penalties of perjury that this return (including any accompanying schedules and statements)
has been examined by me and is, to the best of my knowledge and belief, a true, correct, and complete return, made in good faith, for the taxable year stated,
pursuant to the Internal Revenue Code and the regulations issued thereunder.

Fiduciary or officer representing fiduciary) Gitte}

CORPORATE

ate}

Ideclare under the penalties of perjury that I prepared this return for the trust or organization named herein and that this return (including any accompanying
schedules and statements) is to the best of my knowledge and belief a true, correct, and complete return based on all the information relating to the matters,

required to be reported in this return of which I have any knowledge.

(Name of fina oF employer, ifany) ~ ~ (Signature of person preparing this return)



Page 2

Schedule A.—COST OF GOODS SOLD. (See Instruction 2) Schedule B.—COST OF OPERATIONS
(Where inventories are an income-determining factor) (Where inventories are not an income-determining factor)

Salaries and wages
Other costs (to be detailed):
(a)...
(b)
().

«|S...

Inventory at beginning of year.......

Merchandise bought for manufacture or sale.
Salaries and wages
Other costs per books. (Attach schedule)

Total : (d)
Less: Inventory at end of year. : (2)
Cost of goods sold (enter here and as item 2, page 1).!8 Total (enter here and as item 5, page 1).....|8

Schedule C.—BUSINESS LEASE RENTS (See Instruction 9)

1. Description of Leased Property 2. Total Rent Received 3, Texes and Other Expenses 4, Interest a RSet e

Continuation of Schedule C

' 7 7, Adjusted Basis of Leased | 8 Percentage which 9, Gross Rental income 10. Allocable Deductions (Total of | 11. Net Rental Income Cor loss) In-
8. Amount of Unpaid Indebtedness Property (Attach Statement) | Gol. 618 of Col.7 (Column 2x Column 8) Columns 3, 4, and 5 x Column 8) | clidible (Column 9 tess Column 10)

Total (enter here and as item 9, page 1)......-

Schedule D.—COMPENSATION OF OFFICERS

1, Name and Address of Officer 2. Official Title 3. Time Devoted to) ___‘Stock Owned __| 6, Amount of Compensation
Business

4. Common | 5. Preferred

Total compensation of officers (enter here and as item 11, page 1) $
Schedule E.—BAD DEBTS. (See Instruction 15)
a Amount of Notes and Accounts Receivable a 1 Organization Carries @ Reserve
“Outstanding a 6. Bad Debts of Organiza
1. Joable |---| _ 4, ot insome Reported 5. Sates on Account ton it No Reserve I Caried |
2. Beginning of Year 3, End of Year an Books + Gross Revere ot | agains Resere

1951..
1952.
1953

1954.

Schedule F.—DEPRECIATION AND AMORTIZATION (WHEREVER CLAIMED). (See Instruction 20)
Attach a detailed schedule in support of each of the lines in this schedule

Part A.—DEPRECIATION CLAIMED Port B.—AMORTIZATION CLAIMED
$__..

1. Straight line method......
2. Declining balance method.
3. Sum of the years-digits method -
4, Depreciation based on 10. Exploration and development expenditures (Sec.

615 and Sec. 616).
11. Organizational expenditures

8. 1. Emergency facilities......
8. Grain storage facilities. .
9. Research or experimental expenditures,

(a) Units of production, ........
(b) Hours of machine operation
$. Other methods. .

. Total depreciation claimed... Is 12. Total amortization claimed......... _|s
13. Enter here the total of lines 6 and 12 7

Part C 14. Less; Amounts of depreciation and amortization n claimed in Schedules A or Be or - elsewhere on return. .
15. Balance—Enter here and as item 20, page L.......eeeseeeeeeeeees ec eeee sete eeeeeeeeee ess seeveetteeeeees 8

Note: Do not include amortization of bond premium under Section 171.

TAX COMPUTATION FOR CALENDAR YEAR 1954 AND TAXABLE YEARS ENDING ON OR BEFORE MARCH 31, 1955

For Other Taxable Years Attach Form 990-T-FY
ORGANIZATIONS TAXABLE AS CORPORATIONS. (See General Instruction A (1))
1. Combined normal tax and surtax. If amount in item 30, page 1, i
(a) Not over $25,000; enter 30 percent of item 30. .
(b) Over $25,000. Compute 52 percent of item 30. Subtract $5,500. Enter difference.
2, If alternative tax computation is made in separate statement, enter such tax here......
3. Total income tax (line 1 or 2, whichever is applicable). .
44, Less: Credit for income taxes paid to a foreign country or United States possession allowed a domestic corporation. (Attach
Form 1118). 2.0.2... 00cccece cece cece cent tence tet eee e eee e eee eeeeeeee settee enneseeneceer errs res |__|
§. Balance of income tax (enter here and as item 31, page 1)

TRUSTS TAXABLE AT INDIVIDUAL RATES. (See General Instruction A (2))

6. Tax on item 30, page 1. (See tax table in Instruction 8, page 4).
7. If alternative tax computation is made in separate statement, enter such tax here.

8. Total income tax (item 6 or 7, whichever is applicable)
9. Less: Income taxes paid to a foreign country or United States possession. (Attach Form 1116).

10. Balance of income tax (enter here and as item 31, page 1)
‘0, 5 GOVERNMENT PRINTING OFFICE: (ess © 20048