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Nonprofit · EIN 31-1495560

SOUTH BANK PARTNERS INC

Also known as JOYCE MCMULLIN

Tax-exempt · NEWPORT, KY 41071

Financials

$389K$373K2022
Revenue Expenses · by fiscal year end
Financials of SOUTH BANK PARTNERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$388,928$372,934$15,994$998,694$6,810$991,884
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$245,700
of which government grants
$20,000
Membership dues
$225,700
Program service revenue
$36,715
Investment income
$9,653
Other revenue
$96,860

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$159,625
Salaries, compensation and benefits (total)
$159,625
Professional fundraising fees
$0
Legal fees
$1,320
Accounting fees
$1,112
Occupancy
$27,033
Travel
$9,396
Depreciation
$672
Program services (functional)
$112,874
Management and general (functional)
$260,060

Balance sheet and other

Total assets, start of year
$980,974
Total assets, end of year
$998,694
Total liabilities, end of year
$6,810
Net assets, end of year
$991,884
Land, buildings and equipment
$5,115
Gross receipts
$388,928
Employees
0
Volunteers
0
Year formed
1997
State of legal domicile
KY

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 for the year ended June 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
RAYMOND BEILCHAIRMAN OF THE BOARD
Trustee or director, Officer
5$0
JAY BUCHERTSECRETARY OF THE BOARD
Trustee or director, Officer
1$0
ROGER PETERMANTREASURER OF THE BOARD
Trustee or director, Officer
1$0
MICHAEL CHILELLIBOARD MEMBER
Trustee or director
1$0
JACK MORELAND - NON-VOTING MEMBERPRESIDENT
Trustee or director, Officer
40$0
TOM GUIDUGLIBOARD MEMBER
Trustee or director
1$0
DONNA SALYERSBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1 LEVEE WAY STE 3111, NEWPORT, KY 41071-1661
Principal officer (990 for 2022)
WILL WEBER, 425 YORK STREET, NEWPORT, KY 41071
Signed the 990
WILL WEBER, PRESIDENT
Phone
(859) 655-7700
Return prepared by
RANKIN RANKIN & COMPANY

Mission

TO ASSIST NORTHERN KENTUCKY'S RIVER CITIES IN CREATING THEIR VISION FOR A VIBRANT RIVERFRONT COMMUNITY AND HELPING THEM TO BRING VISION TO REALITY BY PROMOTING AND COORDINATING ECONOMIC DEVELOPMENT, FACILITATING TEAMWORK AND COLLABORATION, AND PROVIDING A UNIFIED VOICE TO REPRESENT THE COMMON NEEDS AND INTEREST OF OUR CITIES.

990 for the year ended June 30, 2023

Program accomplishments

  • CREATION OF PLANS, OBJECTIVES, STRATEGIES, PROJECTS AND POLICIES TO FURTHER SOUTHBANK'S EXEMPT PURPOSE.
    Expenses $112,874 · revenue $133,575

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
31-1495560
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$998,694
Income (IRS master file)
$388,928

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$388,928$372,934$998,694XML
990June 2022$235,139$331,263$956,928IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 31-1495560).

Questions about SOUTH BANK PARTNERS INC

What is the EIN of SOUTH BANK PARTNERS INC?
The employer identification number (EIN) of SOUTH BANK PARTNERS INC is 31-1495560.
Is SOUTH BANK PARTNERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SOUTH BANK PARTNERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTH BANK PARTNERS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTH BANK PARTNERS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTH BANK PARTNERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of SOUTH BANK PARTNERS INC?
The 990 for the year ended June 30, 2023 names WILL WEBER.
Who are the officers and directors of SOUTH BANK PARTNERS INC?
The 990 for the year ended June 30, 2023 lists 7 people; 0 received compensation from the organization.
How much revenue does SOUTH BANK PARTNERS INC have?
On its 990 for the year ended June 30, 2023 it reported revenue of $388,928, expenses of $372,934 and total assets of $998,694 at year end.

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