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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 37-0721628

PETROLEUM CLUB OF OLNEY

Tax-exempt · OLNEY, IL 62450

Financials

$44K$71K2022$29K$29K2023$30K$26K2024
Revenue Expenses · by fiscal year end
Financials of PETROLEUM CLUB OF OLNEY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$29,748$26,347$3,401$14,111$92$14,019
June 30, 2024990-EZ$28,596$28,501$95$11,531$913$10,618
June 30, 2023990-EZ$44,152$71,452-$27,300$11,283$760$10,523
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,460
Membership dues
$5,800
Investment income
$67
Net income from fundraising events
$6,243
Net income from sales of inventory
$16,178

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$825
Occupancy
$11,922
Other expenses
$13,600

Balance sheet and other

Total assets, start of year
$11,531
Total assets, end of year
$14,111
Total liabilities, end of year
$92
Net assets, end of year
$14,019
Cash, savings and investments
$10,577
Gross receipts
$166,113

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARK A LEWISPresident0$0
DAVID SMITHSecretary0$0
SCOTT JONESTreasurer0$0
990-EZ for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
JOHN RITTERPresident0$0
DAVID SMITHSecretary0$0
SCOTT JONESTreasurer0$0
990-EZ for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
JOHN RITTERPresident0$0
DAVID SMITHSecretary0$0
SCOTT JONESTreasurer0$0

Address and contacts

Address (IRS master file)
1003 W MAIN ST, OLNEY, IL 62450-1101
Signed the 990-EZ
DAVID SMITH, Secretary
Phone
(618) 354-1802
Return prepared by
Kapper & Company Ltd

Mission

TO PROVIDE RECREATIONAL AND SOCIAL FACILITIES AND SERVICES TO THEIR MEMBERS, MEMBERS DEPENDENTS AND MEMBERS GUESTS. THE ORGANIZATION ALSO IS ACTIVE IN COMMUNITY ACTIVITIES.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • COLLEGE SCHOLARSHIPS FOR STUDENTS AND OTHER COMMUNITY ASSISTANCE.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

File the 2025 990-EZ for PETROLEUM CLUB OF OLNEY

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
37-0721628
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1956
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,111
Income (IRS master file)
$166,113

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$29,748$26,347$14,111XML
990-EZJune 2024$28,596$28,501$11,531XML
990-EZJune 2023$44,152$71,452$11,283XML
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––IRS
990-EZJune 2018–––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 37-0721628).

Questions about PETROLEUM CLUB OF OLNEY

What is the EIN of PETROLEUM CLUB OF OLNEY?
The employer identification number (EIN) of PETROLEUM CLUB OF OLNEY is 37-0721628.
Is PETROLEUM CLUB OF OLNEY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1956.
Are donations to PETROLEUM CLUB OF OLNEY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PETROLEUM CLUB OF OLNEY 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 PETROLEUM CLUB OF OLNEY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PETROLEUM CLUB OF OLNEY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of PETROLEUM CLUB OF OLNEY?
The 990-EZ for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PETROLEUM CLUB OF OLNEY have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $29,748, expenses of $26,347 and total assets of $14,111 at year end.

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