Skip to content
Nonprofiteer
← PLOUGH TOWERS FUND INC

Form 990 for tax year 2024

Filed by PLOUGH TOWERS FUND INC.

Totals

Total revenue
$247,591
Total expenses
$147,149
Contributions and grants received
$101,310
Grants paid
$0
Program service revenue
$13,209
Investment income
$94,933
Other revenue
$38,139
Total assets, end of year
$2,634,647
Total liabilities, end of year
$2,963
Net assets or fund balances, end of year
$2,631,684
Program services expenses (Part IX)
$122,317
Management and general expenses
$24,832
Fundraising expenses
$0
Program service expenses (Part III)
$122,317

Program services were 83.1% 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.

  • 1f · All other contributions, gifts and grants

    $101,310

  • 2a · Program service revenue: HOUSEKEEPING INCOME

    total $13,209 · related or exempt $13,209

  • 3 · Investment income

    total $92,243 · excluded $92,243

  • 6a · Gross rents

    real property $38,139

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $38,139

  • 6d · Net rental income or loss

    total $38,139 · excluded $38,139

  • 7a · Gross sales of assets other than inventory

    securities $2,690

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $2,690

  • 7d · Net gain or loss

    total $2,690 · excluded $2,690

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $89,684 · program services $89,684

  • 9 · Other employee benefits

    total $4,366 · program services $4,366

  • 10 · Payroll taxes

    total $6,861 · program services $6,861

  • 11f · Fees: investment management

    total $11,247 · management and general $11,247

  • 13 · Office expenses

    total $13,585 · management and general $13,585

  • 17 · Travel

    total $5,195 · program services $5,195

  • 19 · Conferences, conventions and meetings

    total $2,671 · program services $2,671

  • 24a · Other expenses: ACTIVITIES

    total $8,200 · program services $8,200

  • 24b · Other expenses: EXERCISE CLASS

    total $3,266 · program services $3,266

  • 24c · Other expenses: SUPPLIES

    total $897 · program services $897

  • 24d · Other expenses: COMPUTER EXPENSES

    total $589 · program services $589

  • 24e · All other expenses

    total $588 · program services $588

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $161,695 · end of year $161,835

  • 2 · Savings and temporary cash investments

    beginning of year $1,890,348 · end of year $1,077,980

  • 4 · Accounts receivable

    beginning of year $231 · end of year $231

  • 11 · Investments: publicly traded securities

    beginning of year $413,390 · end of year $1,393,201

  • 15 · Other assets

    beginning of year $1,400 · end of year $1,400

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,079 · end of year $2,963

  • 27 · Net assets without donor restrictions

    beginning of year $2,464,985 · end of year $2,631,684

Mission and programs · 2024

Mission

TO PROVIDE AID AND RECREATION ACTIVITIES TO ELDERLY AND MOBILITY IMPAIRED TENANTS LIVING IN PLOUGH TOWERS HOUSING FOR THE ELDERLY.

  • PROVIDED ASSISTANCE AND ACTIVITIES FOR RESIDENTS OF PLOUGH TOWERS.

    Expenses $122,317 · Revenue $13,209

As filed on the 2024 return.

Listed in Part VII

  • Leigh Hendry

    EXECUTIVE DIRECTOR

    Total calculated
    $129,413
    From this org
    $0
    From related orgs
    $120,947
    Other
    $8,466
    Hours/week
    5 + 35 related
  • Steve Baer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0 + 2 related
  • Julie Boshwit

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0 + 2 related
  • Scott Vogel

    SECRETARY

    Total calculated
    $0
    Hours/week
    0 + 2 related
  • Danny Mansberg

    TREASURER

    Total calculated
    $0
    Hours/week
    0 + 2 related
  • Laurie Scheidt

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0 + 2 related

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
3 December 2025
IRS schema version
2024v5.2
Source object
202533379349301313

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.