2024-08-26T14:52:47-05:00 2023-12-31 390758449 WIPFLI LLP 4949 HARRISON AVENUE SUITE 300 ROCKFORD IL 61108 990 2023-01-01 361396730 ROCKFORD LIVE AND LET LIVE SOCIETY ROCK 8159652652 1515 9TH STREET ROCKFORD IL 61104 PHIL GOLIAN TREASURER 8159652652 2024-07-12 1 0 CRAIG A GUGLIEMETTI P00230716 8153997700 2024-07-12 2023 2024-08-08 14:25:15Z PHIL GOLIAN 1515 9TH STREET ROCKFORD IL 61104 1087802 0 X N/A X 1908 IL ORGANIZATION PROMOTES GOOD FELLOWSHIP, SOCIAL RELATIONSHIPS, AND THE EDUCATIONAL, SOCIAL, CHARITABLE, & CIVIC ADVANCEMENT OF ITS MEMBERS. 9 9 3 13 2420 0 0 0 26455 31907 -8898 47 305815 309148 323372 341102 5236 7284 0 0 113975 116181 0 0 0 173413 193697 292624 317162 30748 23940 1354095 1369374 159262 150601 1194833 1218773 ORGANIZATION PROMOTES GOOD FELLOWSHIP, SOCIAL RELATIONSHIPS, AND THE EDUCATIONAL, SOCIAL, CHARITABLE, & CIVIC ADVANCEMENT OF ITS MEMBERS. 0 0 THE ORGANIZATION INCURS EXPENSES PROMOTING GOOD FELLOWSHIP, SOCIAL RELATIONSHIPS, AND THE EDUCATIONAL, SOCIAL, CHARITABLE, & CIVIC ADVANCEMENT OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 33 1 3 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X PHIL GOLIAN 8159652652 1515 9TH STREET ROCKFORD IL 61104 X BILL RAY PRESIDENT 2.00 X X 0 0 0 PHIL GOLIAN TREASURER 2.00 X X 0 0 0 KEVIN HORSTMAN SECRETARY 2.00 X X 0 0 0 SCOTT MISHMASH CHAIRMAN 1.00 X 0 0 0 JOE DUNKER DIRECTOR 1.00 X 0 0 0 MICHAEL MCCOLLUM DIRECTOR 1.00 X 0 0 0 ALEX HAFFENDEN DIRECTOR 1.00 X 0 0 0 STEVE MOORE VICE PRESIDENT 2.00 X X 0 0 0 RICH VERUCHI DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 713990 25145 25145 MEMBER EVENTS 713990 6762 6762 31907 47 47 2373 0 2373 2373 2373 683711 485315 198396 198396 369764 261385 108379 108379 341102 230303 2420 108379 7284 104076 2843 9262 4840 4648 5999 5103 139773 8321 11017 LICENSES 5374 MEMBER EVENT EXPENSE 3584 SPONSORSHIP 2705 SUBSCRIPTIONS 179 2154 317162 34655 37349 136035 138812 41350 39691 1153522 0 1142055 1153522 1354095 1369374 2597 4260 156665 146341 159262 150601 X 1194833 1218773 1194833 1218773 1354095 1369374 23940 0 X X 1 X 0 0 0 397280 397280 598656 598656 157586 157586 1153522 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE EXCEPT FOR UNRELATED BUSINESS INCOME EARNED FROM ADVERTISING, HALL RENTALS, AND INVESTMENT INCOME. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION HAD UNRELATED BUSINESS INCOME, HOWEVER, AFTER ALLOCATED EXPENSES, WAS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. BECAUSE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURN WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECTED TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. THE ORGANIZATION HAS EXEMPT ORGANIZATION TAX FILINGS OPEN TO INTERNAL REVENUE SERVICE AUDIT FOR YEARS ENDING ON DECEMBER 31, 2020, 2021 AND 2022. THE ORGANIZATION DOES NOT HAVE ANY PRIOR RETURNS CURRENTLY BEING EXAMINED BY THE TAXING AUTHORITIES. 525164 430155 50490 0 158719 4670 0 683883 430155 55160 485315 198568 IL 1 0 0 0 1.00000 PHIL GOLIAN 1515 9TH STREET ROCKFORD IL 61104 1 139160 140177 J& J VENTURES GAMING OF SOUTH DAKOTA LLC 1400 S RANEY STREET EFFINGHAM IL 62401 PHIL GOLIAN X 0 SCHEDULE G, PART III, LINE 15B: THE ORGANIZATION RECEIVES WEEKLY AMOUNTS FROM THE THIRD PARTY GAMING PROVIDER AND THESE AMOUNTS ARE NET OF APPLICABLE STATE AND LOCAL TAXES AND THE APPROXIMATE 1/2 PORTION OF THE NET GAMING PROCEEDS RETAINED BY THE THIRD PARTY GAMING PROVIDER. 1 FORM 990 PART IX, LINE 1. NO ORGANIZATION RECEIVED MORE THAN $5,000 IN CONTRIBUTION AWARDS DURING THE REPORTING PERIOD. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS AS REQUIRED BY THE DEFINITION AND DETERMINATION OF IRC 501(C)(7), SOCIAL CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF ORGANIZATION NOMINATE AND ELECT THE ORGANIZATION'S OFFICERS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S BOARD OF DIRECTORS MANAGE THE DAY TO DAY OPERATIONS. THE BOARD OF DIRECTORS MUST GET APPROVAL FROM THE ORGANIZATION'S MEMBERSHIP FOR EXPENDITURES GREATER THAN PREDETERMINED AMOUNTS. THE ORGANIZATION HAS MONTHLY MEETINGS WITH ITS VOTING MEMBERSHIP WHERE THE EXPENDITURES ARE DISCLOSED AND APPROVED. ALL MEMBERS OF THE ORGANIZATION HAVE AN EQUAL VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD THOROUGHLY REVIEWS AND COMPARES THE 990 TO THE COMPILED FINANCIAL STATEMENTS PRIOR TO SIGNING AT THE BOARD MEETING FOLLOWING THE 990 COMPLETION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF DIRECTORS MEMBERS AND OFFICERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST AND CONFIDENTIALITY STATEMENT ANNUALLY. THIS DOCUMENT INDICATES THEIR UNDERSTANDING AND COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICIES. ALL FINANCIAL TRANSACTIONS WITH RELATED PARTIES WILL BE DISCLOSED IN THE ANNUAL 990 TAX RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS DETERMINE ANNUALLY ALL EMPLOYEE'S COMPENSATION USING ANY AVAILABLE INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS NOT MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS NO INQUIRY HAS EVER BEEN MADE. FORM 990, PART XII, LINE 2C FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE COMPILATION OF ITS FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.