Nonprofit · EIN 45-0604857
VETERANS MEMORIAL GOLF CLUB FOUNDATION INC
Tax-exempt · CLEAR LAKE, IA 50428
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $392,377 | $391,842 | $535 | $223,395 | $16,980 | $206,415 |
| December 31, 2023 | 990 | $387,370 | $396,803 | -$9,433 | $250,861 | $44,981 | $205,880 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,582
- Program service revenue
- $250,646
- Investment income
- $98
- Net income from sales of inventory
- $128,751
- Other revenue
- $137,051
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $193,501
- Salaries, compensation and benefits (total)
- $219,868
- Professional fundraising fees
- $0
- Accounting fees
- $3,729
- Occupancy
- $83,975
- Depreciation
- $31,122
- Program services (functional)
- $391,842
Balance sheet and other
- Total assets, start of year
- $250,861
- Total assets, end of year
- $223,395
- Total liabilities, end of year
- $16,980
- Net assets, end of year
- $206,415
- Land, buildings and equipment
- $169,093
- Net assets without donor restrictions
- $206,415
- Gross receipts
- $527,705
- Employees
- 26
- Volunteers
- 30
- Year formed
- 2011
- State of legal domicile
- IA
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 |
|---|---|---|---|
| MATT BRINKMAN | DIRECTOR Trustee or director | – | $0 |
| MARK EBLING | DIRECTOR Trustee or director | – | $0 |
| PAXTON FARMER | SECRETARY Trustee or director, Officer | – | $0 |
| JASON FLOY | PRESIDENT Trustee or director, Officer | – | $0 |
| BRYCE FUHRMAN | DIRECTOR Trustee or director | – | $0 |
| MATT MEYERS | TREASURER Trustee or director, Officer | – | $0 |
| MATT MIXDORF | DIRECTOR Trustee or director | – | $0 |
| CINDY RURUP | DIRECTOR Trustee or director | – | $0 |
| CARRIE SHANNON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY BARRAGY | DIRECTOR Trustee or director | – | $0 |
| MATT BRINKMAN | DIRECTOR Trustee or director | – | $0 |
| MARK EBLING | DIRECTOR Trustee or director | – | $0 |
| PAXTON FARMER | SECRETARY Trustee or director, Officer | – | $0 |
| JASON FLOY | PRESIDENT Trustee or director, Officer | – | $0 |
| BRYCE FUHRMAN | DIRECTOR Trustee or director | – | $0 |
| MATT MEYERS | TREASURER Trustee or director, Officer | – | $0 |
| MATT MIXDORF | DIRECTOR Trustee or director | – | $0 |
| CINDY RURUP | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 221, CLEAR LAKE, IA 50428-0221
- Principal officer (990 for 2024)
- JASON FLOY, 1609 W 7TH AVE N, CLEAR LAKE, IA 50428
- Signed the 990
- JASON FLOY, PRESIDENT
- Phone
- (641) 423-9352
- Website
- WWW.VETERANSMEMORIALGOLF.COM
- Return prepared by
- FFC ADVISORY GROUP LLC
Mission
THE PURPOSE OF THE ORGANIZATION IS TO PRESERVE, MAINTAIN, AND MANAGE THE HISTORIC NINE HOLE GOLF COURSE FORMERLY KNOWN AS ALL VETERANS GOLF COURSE AS A CENTER UTILIZED TO ENHANCE THE QUALITY OF LIFE IN THE NORTH IOWA AREA BY PROVIDING CULTURAL, EDUCATIONAL, RECREATIONAL, AND ENTERTAINMENT OPPORTUNITIES.
Program accomplishments
- PROVIDE JUNIOR GOLF PROGRAM PROMOTING THE GAME.
- MANAGE AND MAINTAIN HISTORICAL VETERANS MEMORIAL GOLF COURSE IN CLEAR LAKE IOWAExpenses $391,842 · revenue $250,646
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
- 45-0604857
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N6A)
- Assets (IRS master file)
- $223,395
- Income (IRS master file)
- $527,705
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $392,377 | $391,842 | $223,395 | XML |
| 990 | December 2023 | $387,370 | $396,803 | $250,861 | XML |
| 990 | December 2022 | $349,737 | $349,755 | $221,678 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 45-0604857).
Questions about VETERANS MEMORIAL GOLF CLUB FOUNDATION INC
- What is the EIN of VETERANS MEMORIAL GOLF CLUB FOUNDATION INC?
- The employer identification number (EIN) of VETERANS MEMORIAL GOLF CLUB FOUNDATION INC is 45-0604857.
- Is VETERANS MEMORIAL GOLF CLUB FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to VETERANS MEMORIAL GOLF CLUB FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VETERANS MEMORIAL GOLF CLUB FOUNDATION 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 VETERANS MEMORIAL GOLF CLUB FOUNDATION 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 VETERANS MEMORIAL GOLF CLUB FOUNDATION 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 VETERANS MEMORIAL GOLF CLUB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JASON FLOY.
- Who are the officers and directors of VETERANS MEMORIAL GOLF CLUB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does VETERANS MEMORIAL GOLF CLUB FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $392,377, expenses of $391,842 and total assets of $223,395 at year end.
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