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Nonprofit · EIN 39-1945609

VERA COURT NEIGHBORHOOD CENTER INC

Tax-exempt · MADISON, WI 53704

Financials

$1.6M$1.6M2023$2.1M$2M2024
Revenue Expenses · by fiscal year end
Financials of VERA COURT NEIGHBORHOOD CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,106,641$2,028,110$78,531$4,606,058$466,001$4,140,057
December 31, 2023990$1,567,886$1,626,762-$58,876$4,051,552$179,573$3,871,979
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,091,770
of which government grants
$1,781,978
Program service revenue
$0
Investment income
$38,609
Net gain from sales of assets
-$46,119
Net income from fundraising events
-$23,738
Other revenue
-$23,738

Expenses

Grants and similar amounts paid
$372,446
Compensation of officers, directors and key employees
$126,813
Other salaries and wages
$869,578
Salaries, compensation and benefits (total)
$1,149,899
Professional fundraising fees
$0
Accounting fees
$19,503
Occupancy
$47,343
Travel
$15,094
Depreciation
$44,055
Program services (functional)
$1,838,393
Management and general (functional)
$135,822
Fundraising (functional)
$53,895

Balance sheet and other

Total assets, start of year
$4,051,552
Total assets, end of year
$4,606,058
Total liabilities, end of year
$466,001
Net assets, end of year
$4,140,057
Land, buildings and equipment
$329,689
Publicly traded securities
$2,782,862
Net assets without donor restrictions
$2,605,398
Net assets with donor restrictions
$1,534,659
Gross receipts
$2,481,907
Employees
48
Volunteers
131
Year formed
1998
State of legal domicile
WI

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RICHARD JONESEXECUTIVE DIRECTOR
Officer
40$108,900$17,913
CORINDA RAINEY-MOOREPRESIDENT
Trustee or director, Officer
2$0$0
DAVID KRAUSETREASURER
Trustee or director, Officer
2$0$0
LINDA HOSKINSDIRECTOR
Trustee or director
1$0$0
DANIEL STEINBRINGDIRECTOR
Trustee or director
1$0$0
SAMUEL SCHWEDERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
RICHARD JONESEXECUTIVE DIRECTOR
Officer
40$105,250$13,049
CORINDA RAINEY-MOOREPRESIDENT
Trustee or director, Officer
2$0$0
BRENT WRAYFORMER PRESIDENT/DIRECTOR
Trustee or director, Officer
2$0$0
DAVID KRAUSETREASURER
Trustee or director, Officer
2$0$0
CORA WHITEDIRECTOR
Trustee or director
1$0$0
GLORIA REYESDIRECTOR
Trustee or director
1$0$0
LINDA HOSKINSDIRECTOR
Trustee or director
1$0$0
DANIEL STEINBRINGDIRECTOR
Trustee or director
1$0$0
SAMUEL SCHWEDERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
614 VERA CT, MADISON, WI 53704-1938
Principal officer (990 for 2024)
RICHARD JONES, 614 VERA CT, MADISON, WI 53704
Signed the 990
RICHARD JONES, EXECUTIVE DIRECTOR
Phone
(608) 246-8372
Return prepared by
JOHNSON BLOCK & CO INC

Mission

TO WORK IN COLLABORATION WITH COMMUNITY MEMBERS AND ORGANIZATIONS TO PROVIDE PROGRAMMING AND SERVICES FOR CHILDREN, YOUTH, FAMILIES, SENIORS, AND PEOPLE OF THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • CHILDREN AND YOUTH - PROVIDE OPPORTUNITIES FOR RECREATION, PERSONAL GROWTH AND EDUCATION TO ELEMENTARY AND MIDDLE SCHOOL CHILDREN. PROGRAMS INCLUDE COMPUTER TRAINING, AFTER SCHOOL AND SUMMER ACTIVITIES.
    Expenses $1,452,032
  • FACILITY USE - PROVIDES A COMMUNITY CENTER, KITCHEN AND A LOCATION FOR NEIGHBORHOOD EVENTS, ACTIVITIES AND CLASSES. ALSO PROVIDES FOR ADMINISTRATION EXPENSE AND BUILDING MAINTENANCE.
    Expenses $143,408
  • COMMUNITY ASSISTANCE- PROVIDE OUTREACH, COUNSELING, AND SUPPORT TO RESIDENTS OF THE COMMUNITY. OTHER PROGRAM SERVICES PROVIDED TO RESIDENTS OF VERA COURT NEIGHBORHOOD.
    Expenses $125,052
  • OTHER PROGRAM-RELATED SERVICES AND PROGRAMS
    Expenses $117,901 · grants $372,446

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 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
39-1945609
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P28)
Assets (IRS master file)
$4,606,058
Income (IRS master file)
$2,481,907

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,106,641$2,028,110$4,606,058XML
990December 2023$1,567,886$1,626,762$4,051,552XML
990December 2022$1,481,113$1,188,836$4,246,480IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 39-1945609).

Questions about VERA COURT NEIGHBORHOOD CENTER INC

What is the EIN of VERA COURT NEIGHBORHOOD CENTER INC?
The employer identification number (EIN) of VERA COURT NEIGHBORHOOD CENTER INC is 39-1945609.
Is VERA COURT NEIGHBORHOOD CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to VERA COURT NEIGHBORHOOD CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VERA COURT NEIGHBORHOOD CENTER 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 VERA COURT NEIGHBORHOOD CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VERA COURT NEIGHBORHOOD CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VERA COURT NEIGHBORHOOD CENTER INC?
The 990 for the year ended December 31, 2024 names RICHARD JONES.
Who are the officers and directors of VERA COURT NEIGHBORHOOD CENTER INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $108,900 (RICHARD JONES, EXECUTIVE DIRECTOR).
How much revenue does VERA COURT NEIGHBORHOOD CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,106,641, expenses of $2,028,110 and total assets of $4,606,058 at year end.

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