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Nonprofit · EIN 20-3725136

FINGER LAKES WRESTLING CLUB INC

Tax-exempt · ITHACA, NY 14853

Financials

$359K$592K2023$658K$512K2024
Revenue Expenses · by fiscal year end
Financials of FINGER LAKES WRESTLING CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$658,464$511,933$146,531$1,191,895$514,254$677,641
December 31, 2023990$359,137$592,358-$233,221$1,059,735$547,982$511,753
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$587,595
Program service revenue
$49,946
Investment income
$3,036
Net rental income
$6,057
Net gain from sales of assets
-$2,621
Net income from fundraising events
$5,866
Other revenue
$17,887

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$22,669
Other salaries and wages
$369,769
Salaries, compensation and benefits (total)
$422,460
Professional fundraising fees
$0
Accounting fees
$10,895
Occupancy
$6,671
Travel
$31,129
Depreciation
$4,519
Program services (functional)
$437,169
Management and general (functional)
$74,764

Balance sheet and other

Total assets, start of year
$1,059,735
Total assets, end of year
$1,191,895
Total liabilities, end of year
$514,254
Net assets, end of year
$677,641
Land, buildings and equipment
$718,882
Publicly traded securities
$256,186
Net assets without donor restrictions
$677,641
Gross unrelated business income
$6,057
Gross receipts
$809,008
Employees
9
Volunteers
10
Year formed
1997
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CATHY PACESECRETARY/TREASURER
Trustee or director, Officer
40$22,669
DICK BALLARDDIRECTOR
Trustee or director
5$0
GENE NIGHMANPRESIDENT
Trustee or director, Officer
5$0
CARL KOENIGVICE PRESIDENT
Trustee or director, Officer
5$0
ERIC TOFTEGAARDSECOND VP
Trustee or director, Officer
5$0
CHARLIE HUGHESDIRECTOR
Trustee or director
5$0
ORLANDO TURCODIRECTOR
Trustee or director
5$0
MIKE GREYDIRECTOR
Trustee or director
5$0
FRANK PERRELLI IVDIRECTOR
Trustee or director
5$0
BERT ADAMSDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
FRANK PERRELLI IVDIRECTOR
Trustee or director
40$50,000
CATHY PACESECRETARY/TREASURER
Trustee or director, Officer
40$40,000
DICK BALLARDDIRECTOR
Trustee or director
5$0
GENE NIGHMANPRESIDENT
Trustee or director, Officer
5$0
ERIC TOFTEGAARDVICE PRESIDENT
Trustee or director, Officer
5$0
CARL KOENIGDIRECTOR
Trustee or director
5$0
CHARLIE HUGHESDIRECTOR
Trustee or director
5$0
ORLANDO TURCODIRECTOR
Trustee or director
5$0
MIKE GREYDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
FRIEDMAN WRESTLING CENTER, ITHACA, NY 14853-0000
In care of
% CATHY PACE
Principal officer (990 for 2024)
GENE NIGHMAN, 8 FOREST LANE, ITHACA, NY 14850
Signed the 990
GENE NIGHMAN, PRESIDENT
Phone
(607) 592-2612
Return prepared by
SCIARABBA WALKER & CO LLP

Mission

THE ORGANIZATION SEEKS TO PROMOTE AMATEUR WRESTLING AT ALL LEVELS IN THE UPSTATE NEW YORK AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • TO EDUCATE AND TRAIN PARTICIPANTS FROM THE LOCAL AREA IN SCHOLASTIC, COLLEGIATE, AND INTERNATIONAL WRESTLING RULES AND TECHNIQUES.
    Expenses $437,169 · revenue $55,910

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3725136
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,191,895
Income (IRS master file)
$809,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$658,464$511,933$1,191,895IRS
990-TDecember 2024–––IRS
990December 2023$359,137$592,358$1,059,735XML
990-TDecember 2023–––IRS
990December 2022$416,109$766,030$1,357,752IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3725136).

Questions about FINGER LAKES WRESTLING CLUB INC

What is the EIN of FINGER LAKES WRESTLING CLUB INC?
The employer identification number (EIN) of FINGER LAKES WRESTLING CLUB INC is 20-3725136.
Is FINGER LAKES WRESTLING CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to FINGER LAKES WRESTLING CLUB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINGER LAKES WRESTLING CLUB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FINGER LAKES WRESTLING CLUB INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINGER LAKES WRESTLING CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FINGER LAKES WRESTLING CLUB INC?
The 990 for the year ended December 31, 2024 names GENE NIGHMAN.
Who are the officers and directors of FINGER LAKES WRESTLING CLUB INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $22,669 (CATHY PACE, SECRETARY/TREASURER).
How much revenue does FINGER LAKES WRESTLING CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $658,464, expenses of $511,933 and total assets of $1,191,895 at year end.

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