2024-11-08T09:57:58-06:00 2023-12-31 562353893 AGRESTA STORMS & O'LEARY PC 726 WASHINGTON ST SUITE 200 COLUMBUS IN 47201 990 2023-01-01 351019509 MILL RACE CENTER INC MILL 8123769241 900 LINDSEY ST COLUMBUS IN 47201 DAN MUSTAD EXECUTIVE DIRECTOR 8123769241 2024-11-07 1 0 JOSEPH SULLIVAN CPA P01417600 8126573455 2024-11-07 2023 2024-10-15 13:58:12Z DAN MUSTARD 900 LINDSEY ST COLUMBUS IN 47201 725597 0 X WWW.MILLRACECENTER.ORG X 1956 IN TO MAXIMIZE OPPORTUNITIES FOR INDIVIDUALS OVER AGE FIFTY TO LEAD INDEPENDENT, HEALTHY AND MEANINGFUL LIVES. 7 7 9 123 0 0 325225 396457 320577 131208 2589 331 146056 197601 794447 725597 0 0 0 0 372650 380450 0 0 64183 558079 407112 930729 787562 -136282 -61965 1020714 932719 97342 78298 923372 854421 X OUR MISSION IS TO MAXIMIZE OPPORTUNITIES FOR CITIZENS OVER AGE 50 TO LEAD INDEPENDENT, HEALTHY AND MEANINGFUL LIVES. 0 0 34602 56482 MEALS ON WHEELS SERVICE IS OFFERED TO SENIOR CITIZEN MEMBERS FOR A FEE. 43905 130529 SENIOR CENTER CLUB OFFERS VARIOUS ACTIVITIES AND SOCIAL EVENTS TO MEMBERS. 13119 THE ORGANIZATION OFFERS TOURS AND TRIPS TO SENIOR CITIZEN MEMBERS THROUGHOUT THE YEAR. 550928 123135 VARIOUS PROGRAMS PUT ON SENIOR CENTER SERVICES THROUGHOUT THE YEAR. 550928 123135 629435 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 9 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X DAN MUSTARD 8123769241 900 LINDSEY STREET COLUMBUS IN 47201 DAN MUSTARD EXECUTIVE DIRECTOR 40.00 X 88630 0 0 JOSH SHELLEY PRESIDENT 5.00 X X 0 0 0 MARLA SATTERFIELD BOARD MEMBER 5.00 X X 0 0 0 BOB WEIMER SECRETARY TREASURER 5.00 X X 0 0 0 LARRY ROWE BOARD MEMBER 5.00 X 0 0 0 STEPHEN BAYER BOARD MEMBER 5.00 X 0 0 0 FATHER CLEM DAVIS BOARD MEMBER 5.00 X 0 0 0 JASON GUTHRIE EX OFFICIO 5.00 X 0 0 0 88630 0 0 0 0 0 0 0 50209 71092 75000 200156 396457 PROGRAM REVENUE 624110 106208 106208 CONTRACTED SERVICES 624110 25000 25000 131208 331 331 129994 0 129994 129994 129994 6028 0 6028 6028 62063 0 62063 62063 OTHER LOSS 523000 -484 -484 -484 725597 323265 0 5875 88630 77995 5318 5317 265440 233587 15926 15927 26380 22687 1583 2110 44124 30004 8825 5295 19703 19703 67214 41673 22852 2689 18764 13885 2064 2815 425 425 1111 1033 78 26463 6880 19583 11226 8869 785 1572 PROGRAM EXPENSE 85973 85973 UTILITIES 46923 35192 5631 6100 REPAIRS & MAINTENANCE 45342 44889 453 TELEPHONE 13642 10914 818 1910 26202 15429 10028 745 787562 629435 93944 64183 120818 93031 140295 140590 39525 20755 18389 12013 4337 4821 1426865 786786 666542 640079 493 9 30315 21421 1020714 932719 49737 41183 15475 13939 32130 23176 97342 78298 X 919961 854412 3411 9 923372 854421 1020714 932719 -61965 -6986 0 X X 0 1 X 1 0 X 438965 511813 502582 325266 391347 2169973 486204 386179 444553 357021 105292 1779249 925169 897992 947135 682287 496639 3949222 0 0 0 3949222 117949 119061 136360 120127 130376 623873 117949 119061 136360 120127 130376 623873 1043118 1017053 1083495 802414 627015 4573095 0.86360 0.88290 0.13640 0.11710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 35963 4822 1934 73 394 38384 45498 -7194 1881 71 389 35963 50259 7021 11188 102 492 45498 46880 5675 1802 59 435 50259 58549 10643 21763 72 477 46880 1 0 959469 319390 640079 337190 337190 0 130206 130206 0 640079 OPERATING LEASE LIABILITY 23176 23176 X 753597 28000 28000 725597 0 725597 815562 28000 28000 787562 0 787562 PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE ORGANIZATION HAS EVALUATED THE TAX POSITIONS THEY HAVE TAKEN, OR EXPECT TO TAKE, IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAXING AUTHORITY. GAAP REQUIRES THE BENEFIT ARISING FROM AN UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ORGANIZATION'S EXEMPT STATUS IN JEOPARDY AS OF DECEMBER 31, 2023. THE ORGANIZATION FILES FEDERAL AND STATE OF INDIANA RETURNS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES THEY ARE NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ON NET INCOME RELATED TO ADVERTISING REVENUE FROM A BIMONTHLY NEWSLETTER. FORM 990, PART VI, SECTION A, LINE 7A EXECUTIVE COMMITTEE DETERMINES RANGE OF RAISES AND DOES THE PERFORMANCE REVIEW FOR EXECUTIVE DIRECTOR. EXECUTIVE DIRECTOR DOES PERFORMANCE REVIEWS AND DETERMINES SALARIES FOR OTHER STAFF. FORM 990, PART VI, SECTION A, LINE 7B BOARD COMMITTEES, SUCH AS THE EXECUTIVE COMMITTEE, ASSIST WITH KEY MANAGERIAL DECISIONS. THE DEVELOPMENT COMMITTEE IS NOW STRUCTURED AS A FINANCE COMMITTEE. THE EXECUTIVE COMMITTEE HELPS MAKE DECISIONS THAT REQUIRE A TIMELY RESPONSE. AN ANNUAL BUDGET IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B BOARD DELEGATES MANAGEMENT TO EXECUTIVE DIRECTOR; EXECUTIVE COMMITTEE MEETS WITH EXECUTIVE DIRECTOR MONTHLY TO DISCUSS MANAGEMENT AND OTHER ISSUES IMPORTANT TO THE AGENCY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WERE PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY WAS ESTABLISHED IN 2007. THE ORGANIZATION REAFFIRMED THE POLICY IN 2012. ALL OF THE BOARD MEMBERS HAVE SIGNED OFF ON THE UPDATED POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEW AND DETERMINE THE EXECUTIVE DIRECTOR'S SALARY ON AN ANNUAL BASIS. ALL OTHER SALARIES ARE DETERMINED THROUGH A BUDGET ESTABLISHED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE EXECUTIVE COMMITTEE IS PRIMARILY RESPONSIBLE FOR OVERSIGHT OF THE AUDIT.