Form 990 for tax year 2024
Filed by WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC.
Totals
- Total revenue
- $126,101
- Total expenses
- $30,800
- Contributions and grants received
- $109,018
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $7,406
- Other revenue
- $9,677
- Total assets, end of year
- $881,110
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $881,110
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $1,874
- Fundraising expenses
- $28,926
- Program service expenses (Part III)
- $0
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
$64,686
-
1e · Government grants (contributions)
$32,611
-
1f · All other contributions, gifts and grants
$11,721
-
3 · Investment income
total $7,406 · unrelated business $0 · excluded $7,406
-
8a · Fundraising events: gross income
$9,536
-
8a · Fundraising events: contributions included on line 1c
$64,686
-
8b · Fundraising events: direct expenses
$3,434
-
8c · Net income from fundraising events
total $6,102 · unrelated business $0 · excluded $6,102
-
11a · Other revenue: Reconcilation discrepancies
total $3,575 · related or exempt $3,575 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$3,575
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $25,000 · program services $0 · management and general $0 · fundraising $25,000
-
12 · Advertising and promotion
total $4,103 · program services $0 · management and general $177 · fundraising $3,926
-
13 · Office expenses
total $1,081 · program services $0 · management and general $1,081 · fundraising $0
-
23 · Insurance
total $448 · program services $0 · management and general $448 · fundraising $0
-
24a · Other expenses: Bank & cc fees
total $164 · program services $0 · management and general $164 · fundraising $0
-
24b · Other expenses: Miscellaneous
total $4 · program services $0 · management and general $4 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $93,416 · end of year $53,647
-
2 · Savings and temporary cash investments
end of year $197,774
-
4 · Accounts receivable
end of year $213
-
10a · Land, buildings and equipment: cost or other basis
$629,476
-
10c · Land, buildings and equipment, net
beginning of year $193,364 · end of year $629,476
-
11 · Investments: publicly traded securities
beginning of year $202
-
15 · Other assets
beginning of year $498,827 · end of year $0
-
28 · Net assets with donor restrictions
beginning of year $785,809 · end of year $881,110
Mission and programs · 2024
Mission
The Fund was established to honor the sacrifice of William R Gaines Jr as well as other veterans and first responders. William R Gaines Jr made the ultimate sacrifice for his country. He was killed in the attack on the American marine barracks in Beirut, Lebanon on October 23rd 1983. The fund is currently working with various Charlotte County based organizations to refurbish and improve a county park, renamed the William R Gaines Jr veteran Memorial Park.
-
Beirut Peacemakers Memorial Tower started Phase 1 - poured foundation for tower and installed pile cap. Gala Fundraiser August 30, 2024 - Kicked off Capital Campaign for Phase 2 of Tower Installed new ADA Kayak Launch September 2024 Peacekeepers Tower Concert October 2024 Freedom Run 2024 December 2024
As filed on the 2024 return.
Listed in Part VII
-
Thurnell Shields
Director
- Total calculated
- $0
- Hours/week
- 1
-
Laura Dove
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ken Wint
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Mosher
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stephen R Deutsch
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jon Warmeling
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Gaines
Chairman
- Total calculated
- $0
- Hours/week
- 10
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
- 17 April 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533039349301118
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