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Nonprofiteer
← PEDRO BAY BENEFITS CORPORATION INC

Form 990 for tax year 2024

Filed by PEDRO BAY BENEFITS CORPORATION INC.

Totals

Total revenue
$52,061
Total expenses
$65,532
Contributions and grants received
$32,240
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$19,821
Total assets, end of year
$490,294
Total liabilities, end of year
$91
Net assets or fund balances, end of year
$490,203
Program services expenses (Part IX)
$15,226
Management and general expenses
$50,306
Fundraising expenses
$0
Program service expenses (Part III)
$15,226

Program services were 23.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $32,240

  • 9a · Gaming: gross income

    $198,209

  • 9b · Gaming: direct expenses

    $178,388

  • 9c · Net income from gaming

    total $19,821 · unrelated business $19,821

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $38,880 · management and general $38,880

  • 7 · Other salaries and wages

    total $341 · management and general $341

  • 11c · Fees: accounting

    total $480 · management and general $480

  • 11g · Fees: other

    total $1,500 · management and general $1,500

  • 13 · Office expenses

    total $6,348 · management and general $6,348

  • 23 · Insurance

    total $2,757 · management and general $2,757

  • 24a · Other expenses: CULTURE CAMP

    total $6,314 · program services $6,314

  • 24b · Other expenses: BURIAL FUND

    total $5,260 · program services $5,260

  • 24c · Other expenses: TURKEY DRIVE

    total $2,077 · program services $2,077

  • 24d · Other expenses: CHRISTMAS PROGRAM

    total $1,575 · program services $1,575

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $503,765 · end of year $490,294

  • 17 · Accounts payable and accrued expenses

    beginning of year $91 · end of year $91

  • 27 · Net assets without donor restrictions

    beginning of year $503,674 · end of year $490,203

Mission and programs · 2024

Mission

TO PROVIDE BEREAVEMENT ASSISTANCE TO PEDRO BAY CORPORATION SHAREHOLDERS AND DESCENDANTS OF SHAREHOLDERS. SINCE INCORPORATION, SERVICES HAVE EXPANDED TO INCLUDE SCHOLARSHIPS FOR HIGHER EDUCATION AND VOCATIONAL TRAINING.

  • EDUCATION AND EMPLOYMENT SUPPORT - WE HELP OUR SHAREHOLDERS AND THEIR DESCENDANTS WITH EDUCATIONAL OPPORTUNITIES, SCIENTIFIC RESEARCH AND BENEVOLENT REQUESTS.

    Expenses $15,226

As filed on the 2024 return.

Listed in Part VII

  • Sara Thiele

    EXECUTIVE DI

    Total calculated
    $38,880
    From this org
    $38,880
    From related orgs
    $0
    Other
    $0
    Hours/week
    14

  • Beverly Cloud

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Shannon Johnson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Gabrielle Jacko

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Alma Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
4 March 2025
IRS schema version
2024v5.0
Source object
202540709349301539

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