Nonprofit · EIN 39-1979802
RACINE AREA VETERANS INC
Tax-exempt · RACINE, WI 53403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $56,808 | $38,565 | $18,243 | $611,026 | $38,013 | $573,013 |
| June 30, 2024 | 990 | $81,380 | $31,982 | $49,398 | $624,111 | $69,341 | $554,770 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $20,751
- Program service revenue
- $0
- Investment income
- $29
- Net rental income
- $36,028
- Other revenue
- $36,028
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $14,785
- Program services (functional)
- $38,565
Balance sheet and other
- Total assets, start of year
- $624,111
- Total assets, end of year
- $611,026
- Total liabilities, end of year
- $38,013
- Net assets, end of year
- $573,013
- Land, buildings and equipment
- $536,952
- Net assets without donor restrictions
- $573,013
- Gross receipts
- $74,700
- Employees
- 0
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William May | President Trustee or director | 12 | $0 |
| Theodore Ramos | Director Trustee or director | 1 | $0 |
| Tom Friedel | Vice President Trustee or director | 6 | $0 |
| Tom Banner | Secretary Trustee or director | 3 | $0 |
| Peter Schulz | Director Trustee or director | 2 | $0 |
| John Rybar | Director Trustee or director | 2 | $0 |
| Kyle Musurlian | Director Trustee or director | 3 | $0 |
| John Salvo | Director Trustee or director | 3 | $0 |
| Steve Anderson | Director Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William May | President Trustee or director | 12 | $0 |
| Theodore Ramos | Director Trustee or director | 1 | $0 |
| Tom Friedel | Vice President Trustee or director | 6 | $0 |
| Tom Banner | Secretary Trustee or director | 3 | $0 |
| Peter Schulz | Director Trustee or director | 2 | $0 |
| John Rybar | Director Trustee or director | 2 | $0 |
| Kyle Musurlian | Director Trustee or director | 3 | $0 |
| Robert Jorgenson | Director Trustee or director | 2 | $0 |
| John Salvo | Director Trustee or director | 3 | $0 |
| Jim becker | Director Trustee or director | 3 | $0 |
| Steve Anderson | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 820 MAIN ST, RACINE, WI 53403-1523
- In care of
- % STEPHEN KLINKHAMMER
- Principal officer (990 for 2024)
- William May, 820 Main Street, Racine, WI 53403
- Signed the 990
- William May, Vice President
- Return prepared by
- Frank E Sterbin CPA SC
Mission
RAVI maintains a museum of military history, represent & support past & present military personnel & promotes cultural & educational activities & events for the benefit of veterans, their families, & the community.
Program accomplishments
- Sponsored Museum Exhibits & provided a meeting place for area Veterans Organizations. Also provides assistance for individual Veterans.Expenses $38,565 · revenue $56,808
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1979802
- 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
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A54)
- Assets (IRS master file)
- $589,621
- Income (IRS master file)
- $63,445
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $56,808 | $38,565 | $611,026 | XML |
| 990 | June 2024 | $81,380 | $31,982 | $624,111 | XML |
| 990 | June 2023 | $38,561 | $39,786 | $589,226 | IRS |
| 990 | June 2022 | $48,774 | $35,572 | $601,060 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 39-1979802).
Questions about RACINE AREA VETERANS INC
- What is the EIN of RACINE AREA VETERANS INC?
- The employer identification number (EIN) of RACINE AREA VETERANS INC is 39-1979802.
- Is RACINE AREA VETERANS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to RACINE AREA VETERANS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RACINE AREA VETERANS 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 RACINE AREA VETERANS 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 RACINE AREA VETERANS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RACINE AREA VETERANS INC?
- The 990 for the year ended June 30, 2025 names William May.
- Who are the officers and directors of RACINE AREA VETERANS INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does RACINE AREA VETERANS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $56,808, expenses of $38,565 and total assets of $611,026 at year end.
Other nonprofits in RACINE
- RACINE ART MUSEUM ASSOCIATION INC EIN 39-1018155 · last filed 990 for 2024
- ROBERT G AND REBECCA L VENN FOUNDATION EIN 88-0714172 · last filed 990-PF for 2024
- RACINE THEATRE GUILD INC EIN 39-0981929 · last filed 990 for 2025
- OVER OUR HEAD PLAYERS INC EIN 39-1837665 · last filed 990 for 2025
- SPECTRUM SCHOOL OF THE ARTS INC EIN 39-1405052 · last filed 990-EZ for 2024
- KIDS CORPS INC EIN 20-8046602 · last filed 990 for 2024
- MARITIME MUSIC DIRECTORY INTERNATIONAL LIMITED EIN 33-1245914 · last filed 990-EZ for 2025
- HISPANIC ROUNDTABLE INC EIN 20-2562861 · last filed 990-N for 2025
All nonprofits in RACINE · Wisconsin · Arts, culture and humanities