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Nonprofiteer
← BIG TUBE BUILDING CORPORATION

Form 990 for tax year 2024

Filed by BIG TUBE BUILDING CORPORATION.

Totals

Total revenue
$633,844
Total expenses
$46,646
Contributions and grants received
$600,807
Grants paid
$0
Program service revenue
$0
Investment income
$33,037
Other revenue
$0
Total assets, end of year
$7,776,560
Total liabilities, end of year
$7,189,362
Net assets or fund balances, end of year
$587,198
Program services expenses (Part IX)
$43,906
Management and general expenses
$2,740
Fundraising expenses
$0
Program service expenses (Part III)
$43,906

Program services were 94.1% 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.

  • 1d · Related organizations

    $600,807

  • 1g · Noncash contributions included above

    $600,807

  • 3 · Investment income

    total $33,037 · excluded $33,037

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $43,906 · program services $43,906

  • 11c · Fees: accounting

    total $2,625 · management and general $2,625

  • 24a · Other expenses: MISCELLANEOUS EXPENSES

    total $115 · management and general $115

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $18,280

  • 9 · Prepaid expenses and deferred charges

    end of year $2,201

  • 10a · Land, buildings and equipment: cost or other basis

    $133,700

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $133,700

  • 15 · Other assets

    beginning of year $0 · end of year $7,622,379

  • 17 · Accounts payable and accrued expenses

    end of year $312,624

  • 23 · Secured mortgages and notes payable

    end of year $6,876,738

  • 27 · Net assets without donor restrictions

    end of year $587,198

Mission and programs · 2024

Mission

TO HOLD TITLE TO AND MANAGE REAL & PERSONAL PROPERTY FOR THE BENEFIT OF BIG CAR MEDIA, INC.; TO DISTRIBUTE NET INCOME IN EXCESS OF EXPENSES AND DEBT SERVICE TO BIG CAR MEDIA, INC. AND ASSIST BIG CAR MEDIA, INC. IN PROMOTING ECONOMIC GROWTH OF MARION COUNTY, INDIANA.

Activities or mission (Part I)

TO HOLD TITLE TO AND MANAGE REAL & PERSONAL PROPERTY FOR THE BENEFIT OF BIG CAR MEDIA, INC.

  • TO HOLD TITLE TO AND MANAGE REAL & PERSONAL PROPERTY FOR THE BENEFIT OF BIG CAR MEDIA, INC.; TO DISTRIBUTE NET INCOME IN EXCESS OF EXPENSES AND DEBT SERVICE TO BIG CAR MEDIA, INC. AND ASSIST BIG CAR MEDIA, INC. IN PROMOTING ECONOMIC GROWTH OF MARION COUNTY, INDIANA.

    Expenses $43,906

As filed on the 2024 return.

Listed in Part VII

  • Anne Laker

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Kevin McKelvey

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Joe Dehaven

    OFFICER

    Total calculated
    $0
    Hours/week
    1

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 July 2025
IRS schema version
2024v5.2
Source object
202531969349301603

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