Nonprofit · EIN 39-1945609
VERA COURT NEIGHBORHOOD CENTER INC
Tax-exempt · MADISON, WI 53704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,106,641 | $2,028,110 | $78,531 | $4,606,058 | $466,001 | $4,140,057 |
| December 31, 2023 | 990 | $1,567,886 | $1,626,762 | -$58,876 | $4,051,552 | $179,573 | $3,871,979 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,091,770
- of which government grants
- $1,781,978
- Program service revenue
- $0
- Investment income
- $38,609
- Net gain from sales of assets
- -$46,119
- Net income from fundraising events
- -$23,738
- Other revenue
- -$23,738
Expenses
- Grants and similar amounts paid
- $372,446
- Compensation of officers, directors and key employees
- $126,813
- Other salaries and wages
- $869,578
- Salaries, compensation and benefits (total)
- $1,149,899
- Professional fundraising fees
- $0
- Accounting fees
- $19,503
- Occupancy
- $47,343
- Travel
- $15,094
- Depreciation
- $44,055
- Program services (functional)
- $1,838,393
- Management and general (functional)
- $135,822
- Fundraising (functional)
- $53,895
Balance sheet and other
- Total assets, start of year
- $4,051,552
- Total assets, end of year
- $4,606,058
- Total liabilities, end of year
- $466,001
- Net assets, end of year
- $4,140,057
- Land, buildings and equipment
- $329,689
- Publicly traded securities
- $2,782,862
- Net assets without donor restrictions
- $2,605,398
- Net assets with donor restrictions
- $1,534,659
- Gross receipts
- $2,481,907
- Employees
- 48
- Volunteers
- 131
- Year formed
- 1998
- State of legal domicile
- WI
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD JONES | EXECUTIVE DIRECTOR Officer | 40 | $108,900 | $17,913 |
| CORINDA RAINEY-MOORE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DAVID KRAUSE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LINDA HOSKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL STEINBRING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL SCHWEDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD JONES | EXECUTIVE DIRECTOR Officer | 40 | $105,250 | $13,049 |
| CORINDA RAINEY-MOORE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| BRENT WRAY | FORMER PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| DAVID KRAUSE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CORA WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLORIA REYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA HOSKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL STEINBRING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL SCHWEDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 614 VERA CT, MADISON, WI 53704-1938
- Principal officer (990 for 2024)
- RICHARD JONES, 614 VERA CT, MADISON, WI 53704
- Signed the 990
- RICHARD JONES, EXECUTIVE DIRECTOR
- Phone
- (608) 246-8372
- Website
- WWW.VERACOURT.ORG
- Return prepared by
- JOHNSON BLOCK & CO INC
Mission
TO WORK IN COLLABORATION WITH COMMUNITY MEMBERS AND ORGANIZATIONS TO PROVIDE PROGRAMMING AND SERVICES FOR CHILDREN, YOUTH, FAMILIES, SENIORS, AND PEOPLE OF THE COMMUNITY.
Program accomplishments
- CHILDREN AND YOUTH - PROVIDE OPPORTUNITIES FOR RECREATION, PERSONAL GROWTH AND EDUCATION TO ELEMENTARY AND MIDDLE SCHOOL CHILDREN. PROGRAMS INCLUDE COMPUTER TRAINING, AFTER SCHOOL AND SUMMER ACTIVITIES.Expenses $1,452,032
- FACILITY USE - PROVIDES A COMMUNITY CENTER, KITCHEN AND A LOCATION FOR NEIGHBORHOOD EVENTS, ACTIVITIES AND CLASSES. ALSO PROVIDES FOR ADMINISTRATION EXPENSE AND BUILDING MAINTENANCE.Expenses $143,408
- COMMUNITY ASSISTANCE- PROVIDE OUTREACH, COUNSELING, AND SUPPORT TO RESIDENTS OF THE COMMUNITY. OTHER PROGRAM SERVICES PROVIDED TO RESIDENTS OF VERA COURT NEIGHBORHOOD.Expenses $125,052
- OTHER PROGRAM-RELATED SERVICES AND PROGRAMSExpenses $117,901 · grants $372,446
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1945609
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P28)
- Assets (IRS master file)
- $4,606,058
- Income (IRS master file)
- $2,481,907
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,106,641 | $2,028,110 | $4,606,058 | XML |
| 990 | December 2023 | $1,567,886 | $1,626,762 | $4,051,552 | XML |
| 990 | December 2022 | $1,481,113 | $1,188,836 | $4,246,480 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 39-1945609).
Questions about VERA COURT NEIGHBORHOOD CENTER INC
- What is the EIN of VERA COURT NEIGHBORHOOD CENTER INC?
- The employer identification number (EIN) of VERA COURT NEIGHBORHOOD CENTER INC is 39-1945609.
- Is VERA COURT NEIGHBORHOOD CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to VERA COURT NEIGHBORHOOD CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERA COURT NEIGHBORHOOD CENTER 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 VERA COURT NEIGHBORHOOD CENTER 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 VERA COURT NEIGHBORHOOD CENTER 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 VERA COURT NEIGHBORHOOD CENTER INC?
- The 990 for the year ended December 31, 2024 names RICHARD JONES.
- Who are the officers and directors of VERA COURT NEIGHBORHOOD CENTER INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $108,900 (RICHARD JONES, EXECUTIVE DIRECTOR).
- How much revenue does VERA COURT NEIGHBORHOOD CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,106,641, expenses of $2,028,110 and total assets of $4,606,058 at year end.
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