Totals
- Total revenue
- $1,366,856
- Total expenses
- $865,409
- Contributions and grants received
- $250
- Grants paid
- $16,039
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,366,606
- Total assets, end of year
- $116,072
- Total liabilities, end of year
- $68,194
- Net assets or fund balances, end of year
- $47,878
- Program services expenses (Part IX)
- $16,039
- Management and general expenses
- $849,370
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $10,500
Program services were 1.9% 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
$250
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$9,577,235
-
9b · Gaming: direct expenses
$8,210,629
-
9c · Net income from gaming
total $1,366,606 · unrelated business $1,366,606
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $16,039 · program services $16,039
-
5 · Compensation of officers, directors and key employees
total $91,934 · management and general $91,934
-
7 · Other salaries and wages
total $198,648 · management and general $198,648
-
10 · Payroll taxes
total $81,852 · management and general $81,852
-
11c · Fees: accounting
total $3,698 · management and general $3,698
-
12 · Advertising and promotion
total $6,804 · management and general $6,804
-
13 · Office expenses
total $2,526 · management and general $2,526
-
14 · Information technology
total $6,941 · management and general $6,941
-
16 · Occupancy
total $154,547 · management and general $154,547
-
23 · Insurance
total $2,605 · management and general $2,605
-
24a · Other expenses: e-Pulltab/Bingo Fees
total $184,143 · management and general $184,143
-
24b · Other expenses: Gambling Product/Equipment
total $104,530 · management and general $104,530
-
24c · Other expenses: Direct to Operations Supplie
total $5,784 · management and general $5,784
-
24d · Other expenses: Cash Short
total $2,712 · management and general $2,712
-
24e · All other expenses
total $2,646 · management and general $2,646
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $78,494 · end of year $107,400
-
8 · Inventories for sale or use
beginning of year $4,138 · end of year $7,644
-
10a · Land, buildings and equipment: cost or other basis
$1,028
-
10c · Land, buildings and equipment, net
end of year $1,028
-
17 · Accounts payable and accrued expenses
beginning of year $39,698 · end of year $50,761
-
25 · Other liabilities
end of year $17,433
-
27 · Net assets without donor restrictions
beginning of year $42,934 · end of year $47,878
Mission and programs · 2022
Mission
Fundraising through charitable gambling for distribution to various 501(c)(3)Veterans service organizations, State Veterans Homes and VA Hospitals with focus on Mental Health and Well-being.
Activities or mission (Part I)
Fundraising to donate to other 501c3 organizations that support Veterans needs programs to Veterans Homes and VA facilities
-
Donation made to City of Osakis Fire Department and EMS to purchase new response pagers for 11 members.
Expenses $5,500
-
Princeton Scholarship Foundation Dollars for Scholars, Princeton MN. 23-7125552 (3) $1,000 Scholarships for children who have parents or family members that are Veterans or Active Duty Military.
Expenses $3,000
-
Donation made to the City of Osakis, MN for the Community Night Out This event showcases the Fire Dept, Police and EMS in the city. Donation was made for the purchase of meals for attendees.
Expenses $2,000
As filed on the 2022 return.
Listed in Part VII
-
Steven A AndersenSTEVEN A ANDERSEN
CEO
- Total calculated
- $96,350
- From this org
- $96,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Timothy C NiesTIMOTHY C NIES
Vice President
- Total calculated
- $0
-
Robert NiesROBERT NIES
Treasurer
- Total calculated
- $0
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
-
City of Osakis
$8,500
First Responder Needs
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322859349302222
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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