2026-02-25T10:43:00-00:00 2025-06-30 363327991 William J Strahanoski CPA 1011 Galway Road Joliet IL 604318631 990EZ 2024-07-01 203541054 Lincolnland Exchange Clubs Foundation for Youth % James Ruzon LINC 8153533406 1111 S Raven St Shorewood IL 60404 James Ruzon President Chairman 8153533406 2026-02-21 true true William J Strahanoski P00405759 8154364800 2026-02-20 X 2024 2025-03-06 01:10:19Z X X lincolnlandexchange.org X X 11592 X 5021 6571 11592 2500 254 2754 8838 140913 10028 159779 X 6894 9290 134019 150489 140913 159779 140913 159779 X Awarding Scholarships for Lincolnland Exchange Club District Annual schlorship awarded in June each year at the Lincolnland District Convention to a student nominated for general scholarship and one for the ACE Program. This fund only handles scholarships awareded, no other conv costs. 2500 Adminisrative costs for annual filing fees to regulatory Illinois government agencies totaling 25. Also foreign tax expense on investments of 129. Plus postage, office supplies and fees 100. 254 254 James Ruzon Chairman President 003.00 0 Janet Jacobs Secretary 002.00 0 Patti Molitor Treasurer 001.00 0 Lou Molitor Trustee 000.50 0 Gerald Kochurka Imm Past Dist Pres 000.50 0 William Froese Trustee 000.50 0 George Bode Youth of Year Chairman 001.00 0 Emy Trotz ACE Chairperson 001.00 0 false false false false false false false 0 0 0 false false IL James Ruzon 1111 S Raven Road Shorewood IL 60404 8153533406 false false false false false false false false false false false NONE NONE true X 1710 2450 1350 2650 5021 13181 1710 2450 1350 2650 5021 13181 13181 4361 7920 2002 4108 6571 24962 38143 0.34560 0.35900 X X X 1710 2450 1350 2650 5021 13181 1710 2450 1350 2650 5021 13181 13181 4361 7920 2002 4108 6571 24962 0 4361 7920 2002 4108 6571 24962 0 0 6071 10370 3352 6758 11592 38143 0.34560 0.35900 0.65440 0.64100 Part II Section C Line 17a 10 Facts and Circumstances Test. The Organization has usually had greater tha 33 1/3 income from public support each year of existence. Due to favorable market conditions the last few years, investment income has risen to levels higher than normal, thus testing the formulas of Part III, Section C as to fully meeting the qualifications for income in percentage to the standards applied by the regulation. The Organization continues to operate per its aplied for exemption statements stated. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16, Other Expenses Annual Filing Fee Illinois Attorney General 15 Form 990-EZ, Part I, Line 16, Other Expenses Annual Filing Fee Illinois Secretary of State 10 Form 990-EZ, Part I, Line 16, Other Expenses Banquet Speaker Cost Reimbursement 100 Form 990-EZ, Part I, Line 16, Other Expenses Foreign Tax paid on Investments 129 Form 990-EZ, Part I, Line 20, Net Assets Unrealized Gain on Investments 10,028 Form 990-EZ, Part II, Line 24, Other Assets Edward Jones Investments Mutual Funds Beginning of year 134,019, End of year 150,489 Form 990-EZ, Part III, Line 28 The scholarships awarded in June 2025, were the annual scholarships approved by the Organizations board of trustees. Nominations of students were received by the Youth of Year Chairman and ACE Award Chairperson from the various Exchange Clubs of the Lincolnland District. Each nomination was evaluated for completeness and student qualification for the annual scholarship. The selected students, one for Youth of Year, one for the ACE Award, were notified by their respective club and then attend the annual Lincolnland Exchange Clubs Convention to receive the scholarship. This organization only has the cost of the scholarship. The Lincolnland District Exchange Clubs Organization a 501 c 4 IRS exempt organization covers all other costs related to the awarding of the scholarships. The ACE Award winner was not able to attend the banquet and was awarded the actual scholarship in the following fiscal year after providing all necessary information for meeting the requirements to have the sholarship released.