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Nonprofit · EIN 23-2751901

KEYSTONE BUSINESSMEN CLUB

Tax-exempt · READING, PA 19610

Financials

$11K$9K2023$11K$14K2024
Revenue Expenses · by fiscal year end
Financials of KEYSTONE BUSINESSMEN CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$10,955$13,644-$2,689$2,798$0$2,798
December 31, 2023990-EZ$11,301$8,918$2,383$4,487$0$4,487
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Membership dues
$7,875
Net income from sales of inventory
$3,073
Other revenue
$7

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$290
Occupancy
$10,848
Other expenses
$2,506

Balance sheet and other

Total assets, start of year
$4,487
Total assets, end of year
$2,798
Total liabilities, end of year
$0
Net assets, end of year
$2,798
Cash, savings and investments
$2,798
Gross receipts
$45,117

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SCOTT KOLBPRES. / DIR.0$0
DOUG MILLERVP / DIR.0$0
DOUGLAS E WOOD CPATREAS / SEC0$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SCOTT KOLBPRES. / DIR.0$0
DOUG MILLERVP / DIR.0$0
DOUGLAS E WOOD CPATREAS / SEC0$0

Address and contacts

Address (IRS master file)
2763 CENTURY BLVD, READING, PA 19610-3346
In care of
% DOUGLAS E WOOD
Mailing address (990-N for 2025)
2763 CENTURY BLVD, READING PA 19610
Principal officer (990-N for 2025)
Douglas Wood CPA, 2763 CENTURY BLVD, READING PA 19610
Signed the 990-EZ
DOUGLAS E WOOD CPA, TREASURER
Phone
(484) 525-4658

Mission

THE ORGANIZATION IS ORGANIZED EXCLUSIVELY AS A SOCIAL CLUB TO PROVIDE AN OPPORTUNITY FOR THE MEMBERS TO GATHER FOR PLEASURE, RECREATION, FELLOWSHIP AND OTHER SIMILAR PURPOSES. THE MEMBERS MEET ONCE A MONTH AT A DINNER MEETING. THE MONTHLY MEETINGS PROVIDE AN OPPORTUNITY FOR THE MEMBERS, ALL LOCAL BUSINESS PERSONS, TO GATHER ALONG WITH THEIR GUESTS TO NETWORK AND DISCUSS CURRENT EVENTS AND THE LOCAL BUSINESS ENVIRONMENT IN A SOCIAL SETTING.IN ADDITION, THE MEETINGS PROVIDE THE MEMBERS THE OPPORTUNITY TO ESTABLISH GOALS AND PRIORITIES FOR THEIR MUTUAL BENEFIT AS WELL AS TO PLAN AND INITIATE IDEAS FOR DEVELOPING AND IMPROVING THE BUSINESS CLIMATE IN THE AREA. NO PART OF THE ACTIVITIES OF THE CORPORATION CONSISTS OF CARRYING ON PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. THE CORPORATION DOES NOT PARTICIPATE IN ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION IS ORGANIZED EXCLUSIVELY AS A SOCIAL CLUB TO PROVIDE AN OPPORTUNITY FOR THE MEMBERS TO GATHER FOR PLEASURE, RECREATION, FELLOWSHIP AND OTHER SIMILAR PURPOSES. THE MEMBERS MEET ONCE A MONTH AT A DINNER MEETING. THE MONTHLY MEETINGS PROVIDE AN OPPORTUNITY FOR THE MEMBERS, ALL LOCAL BUSINESS PERSONS, TO GATHER ALONG WITH THEIR GUESTS TO NETWORK AND DISCUSS CURRENT EVENTS AND THE LOCAL BUSINESS ENVIRONMENT IN A SOCIAL SETTING.IN ADDITION, THE MEETINGS PROVIDE THE MEMBERS THE OPPORTUNITY TO ESTABLISH GOALS AND PRIORITIES FOR THEIR MUTUAL BENEFIT AS WELL AS TO PLAN AND INITIATE IDEAS FOR DEVELOPING AND IMPROVING THE BUSINESS CLIMATE IN THE AREA. NO PART OF THE ACTIVITIES OF THE CORPORATION CONSISTS OF CARRYING ON PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. THE CORPORATION DOES NOT PARTICIPATE IN ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE.
  • THE ORGANIZATION IS ORGANIZED EXCLUSIVELY AS A SOCIAL CLUB TO PROVIDE AN OPPORTUNITY FOR THE MEMBERS TO GATHER FOR PLEASURE, RECREATION, FELLOWSHIP AND OTHER SIMILAR PURPOSES. THE MEMBERS MEET ONCE A MONTH AT A DINNER MEETING. THE MONTHLY MEETINGS PROVIDE AN OPPORTUNITY FOR THE MEMBERS, ALL LOCAL BUSINESS PERSONS, TO GATHER ALONG WITH THEIR GUESTS TO NETWORK AND DISCUSS CURRENT EVENTS AND THE LOCAL BUSINESS ENVIRONMENT IN A SOCIAL SETTING.IN ADDITION, THE MEETINGS PROVIDE THE MEMBERS THE OPPORTUNITY TO ESTABLISH GOALS AND PRIORITIES FOR THEIR MUTUAL BENEFIT AS WELL AS TO PLAN AND INITIATE IDEAS FOR DEVELOPING AND IMPROVING THE BUSINESS CLIMATE IN THE AREA. NO PART OF THE ACTIVITIES OF THE CORPORATION CONSISTS OF CARRYING ON PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. THE CORPORATION DOES NOT PARTICIPATE IN ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE.
  • THE ORGANIZATION IS ORGANIZED EXCLUSIVELY AS A SOCIAL CLUB TO PROVIDE AN OPPORTUNITY FOR THE MEMBERS TO GATHER FOR PLEASURE, RECREATION, FELLOWSHIP AND OTHER SIMILAR PURPOSES. THE MEMBERS MEET ONCE A MONTH AT A DINNER MEETING. THE MONTHLY MEETINGS PROVIDE AN OPPORTUNITY FOR THE MEMBERS, ALL LOCAL BUSINESS PERSONS, TO GATHER ALONG WITH THEIR GUESTS TO NETWORK AND DISCUSS CURRENT EVENTS AND THE LOCAL BUSINESS ENVIRONMENT IN A SOCIAL SETTING.IN ADDITION, THE MEETINGS PROVIDE THE MEMBERS THE OPPORTUNITY TO ESTABLISH GOALS AND PRIORITIES FOR THEIR MUTUAL BENEFIT AS WELL AS TO PLAN AND INITIATE IDEAS FOR DEVELOPING AND IMPROVING THE BUSINESS CLIMATE IN THE AREA. NO PART OF THE ACTIVITIES OF THE CORPORATION CONSISTS OF CARRYING ON PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. THE CORPORATION DOES NOT PARTICIPATE IN ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
23-2751901
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Unknown (Z99)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Douglas Wood CPA
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$10,955$13,644$2,798XML
990-EZDecember 2023$11,301$8,918$4,487XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––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 23-2751901).

Questions about KEYSTONE BUSINESSMEN CLUB

What is the EIN of KEYSTONE BUSINESSMEN CLUB?
The employer identification number (EIN) of KEYSTONE BUSINESSMEN CLUB is 23-2751901.
Is KEYSTONE BUSINESSMEN CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1998.
Are donations to KEYSTONE BUSINESSMEN CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KEYSTONE BUSINESSMEN CLUB file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KEYSTONE BUSINESSMEN CLUB due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KEYSTONE BUSINESSMEN CLUB last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of KEYSTONE BUSINESSMEN CLUB?
The 990-N for 2025 names Douglas Wood CPA.
Who are the officers and directors of KEYSTONE BUSINESSMEN CLUB?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KEYSTONE BUSINESSMEN CLUB have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $10,955, expenses of $13,644 and total assets of $2,798 at year end.

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