Form 990 for tax year 2024
Filed by HILLSBORO VETERANS CLUB ASSOCIATION.
Totals
- Total revenue
- $315,225
- Total expenses
- $227,309
- Contributions and grants received
- $30,736
- Grants paid
- $90,096
- Program service revenue
- $0
- Investment income
- $2,738
- Other revenue
- $281,751
- Total assets, end of year
- $504,896
- Total liabilities, end of year
- $5,717
- Net assets or fund balances, end of year
- $499,179
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $227,309
Program services were 0.0% 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.
-
1c · Fundraising events
$20,227
-
1f · All other contributions, gifts and grants
$10,509
-
3 · Investment income
total $2,738 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $12,000
-
6b · Less rental expenses
real property $1,877
-
6c · Rental income or loss
real property $10,123
-
6d · Net rental income or loss
total $10,123 · related or exempt $10,123
-
8a · Fundraising events: gross income
$5,303
-
8a · Fundraising events: contributions included on line 1c
$20,227
-
8b · Fundraising events: direct expenses
$5,303
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$2,209,059
-
9b · Gaming: direct expenses
$2,056,750
-
9c · Net income from gaming
total $152,309 · excluded $152,309
-
10a · Gross sales of inventory
$238,941
-
10b · Cost of goods sold
$120,593
-
10c · Net income from sales of inventory
total $118,348 · related or exempt $118,348
-
11a · Other revenue: OTHER REVENUE
total $971 · related or exempt $971 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$971
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $90,096 · program services $0
-
7 · Other salaries and wages
total $55,402 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $5,680 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $900 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $6,175 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $3,431 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $36,222 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $1,493 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $273 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $9,004 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $6,583 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: MISCELLANEOUS
total $9,788 · program services $0 · management and general $0 · fundraising $0
-
24b · Other expenses: DUES & LICENSE
total $2,262 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $297,677 · end of year $328,957
-
8 · Inventories for sale or use
beginning of year $8,466 · end of year $9,723
-
10a · Land, buildings and equipment: cost or other basis
$294,543
-
10b · Land, buildings and equipment: accumulated depreciation
$128,327
-
10c · Land, buildings and equipment, net
beginning of year $109,599 · end of year $166,216
-
17 · Accounts payable and accrued expenses
beginning of year $4,479 · end of year $5,717
-
27 · Net assets without donor restrictions
beginning of year $411,263 · end of year $499,179
Mission and programs · 2024
Mission
PLACE FOR VETERANS TO CONDUCT MEETINGS AND SOCIALIZE
-
EXPENSES FOR VETERANS TO CONDUCT MEETINGS, SOCIALIZE, AND SUPPORT THE COMMUNITY
Expenses $227,309 · Grants $90,096 · Revenue $315,225
As filed on the 2024 return.
Listed in Part VII
-
Dave ThomasDAVE THOMAS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Herman DeleonHERMAN DELEON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bruce BowersoxBRUCE BOWERSOX
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kevin GrothmanKEVIN GROTHMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Terry WahlTERRY WAHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry GoldadeLARRY GOLDADE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ray FossRAY FOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian LawlerBRIAN LAWLER
DIRECTOR
- 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
-
HILLSBORO COMMUNITY FOUNDATION
$11,000
AMERICAN LEGION
-
$6,400
SUPPORT VETERANS
-
HILLSBORO PUBLIC SCHOOL DISTRICT
$6,000
SUPPORT HS ACTIVITIES
-
$5,500
RESCUE EQUIPMENT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531219349301608
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