2025-07-11T08:01:23-05:00 2024-12-31 390758449 WIPFLI LLP 4949 HARRISON AVENUE SUITE 300 ROCKFORD IL 61108 990 2024-01-01 361396730 ROCKFORD LIVE AND LET LIVE SOCIETY ROCK 8159652652 1515 9TH STREET ROCKFORD IL 61104 WILL BOGUSIEWICZ TREASURER 8159652652 2025-07-10 1 1 CRAIG A GUGLIEMETTI P00230716 8153997700 2025-07-10 2024 2025-03-06 01:10:19Z WILL BOGUSIEWICZ 1515 9TH STREET ROCKFORD IL 61104 1044975 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 5 13 -3833 0 0 0 31907 42677 47 83 309148 295170 341102 337930 7284 8150 0 0 116181 113665 0 0 0 193697 184229 317162 306044 23940 31886 1369374 1388869 150601 138210 1218773 1250659 ORGANIZATION PROMOTES GOOD FELLOWSHIP, SOCIAL RELATIONSHIPS, AND THE EDUCATIONAL, SOCIAL, CHARITABLE, & CIVIC ADVANCEMENT OF ITS MEMBERS. 0 0 0 0 230452 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 36 36 1 5 1 0 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 WILL BOGUSIEWICZ 8159652652 1515 9TH STREET ROCKFORD IL 61104 X BILL RAY PRESIDENT 2.00 X X 0 0 0 BRETT WALLACE VICE PRESIDENT 2.00 X X 0 0 0 WILL BOGUSIEWICZ 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 ALEX HAFFENDEN DIRECTOR 1.00 X 0 0 0 MICHAEL MCCOLLUM DIRECTOR 1.00 X 0 0 0 RICH VERUCHI DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 713990 34940 34940 MEMBER EVENTS 713990 7737 7737 42677 83 83 1545 4441 -2896 -2896 -3916 1020 635742 447967 187775 187775 364928 254637 110291 110291 337930 230452 -3833 111311 8150 101900 2435 9330 6797 1890 4669 5947 129893 7311 12373 LICENSES 5962 MEMBER EVENT EXPENSE 5047 SPONSORSHIP 1410 SUBSCRIPTIONS 475 2455 306044 37349 41943 138812 149053 39691 44351 1153522 0 1153522 1153522 1369374 1388869 4260 2750 146341 135460 150601 138210 X 1218773 1250659 1218773 1250659 1369374 1388869 31886 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, 2024, THE ORGANIZATION WAS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES. THE ORGANIZATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FASB ASC 740 INCOME TAXES. FASB ASC 740 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION RECORDED NO LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS. 472029 396906 40782 0 163713 1540 8739 0 635742 398446 49521 447967 187775 IL 1 0 0 0 1.00000 WILL BOGUSIEWICZ 1515 9TH STREET ROCKFORD IL 61104 1 147971 151309 J& J VENTURES GAMING OF SOUTH DAKOTA LLC 1400 S RANEY STREET EFFINGHAM IL 62401 WILL BOGUSIEWICZ 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.