Nonprofit · EIN 23-2751901
KEYSTONE BUSINESSMEN CLUB
Tax-exempt · READING, PA 19610
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $10,955 | $13,644 | -$2,689 | $2,798 | $0 | $2,798 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT KOLB | PRES. / DIR. | 0 | $0 |
| DOUG MILLER | VP / DIR. | 0 | $0 |
| DOUGLAS E WOOD CPA | TREAS / SEC | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT KOLB | PRES. / DIR. | 0 | $0 |
| DOUG MILLER | VP / DIR. | 0 | $0 |
| DOUGLAS E WOOD CPA | TREAS / SEC | 0 | $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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Douglas Wood CPA | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $10,955 | $13,644 | $2,798 | XML |
| 990-EZ | December 2023 | $11,301 | $8,918 | $4,487 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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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