Nonprofit · EIN 39-6053723
KELAB INC
Tax-exempt · MADISON, WI 53744
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $904,069 | $1,340,485 | -$436,416 | $23,037,521 | $0 | $23,037,521 |
| December 31, 2024 | 990 | $2,608,185 | $1,092,706 | $1,515,479 | $20,717,953 | $0 | $20,717,953 |
| December 31, 2023 | 990 | $960,095 | $1,089,797 | -$129,702 | $18,845,297 | $0 | $18,845,297 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $904,069
- Net gain from sales of assets
- $379,451
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,250,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,809
- Program services (functional)
- $1,330,117
- Management and general (functional)
- $10,368
Balance sheet and other
- Total assets, start of year
- $20,717,953
- Total assets, end of year
- $23,037,521
- Total liabilities, end of year
- $0
- Net assets, end of year
- $23,037,521
- Publicly traded securities
- $23,012,718
- Net assets without donor restrictions
- $22,832,521
- Net assets with donor restrictions
- $205,000
- Gross receipts
- $6,370,715
- Employees
- 0
- Year formed
- 1958
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS S NELSON | VICE PRESIDE Trustee or director, Officer | 0.1 | $0 |
| DAVID R OHLINGER | TREASURER Trustee or director, Officer | 0.1 | $0 |
| DALE H PETERSON | SECRETARY Trustee or director, Officer | 0.1 | $0 |
| STEVEN F SKOLASKI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID G WALSH | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS S NELSON | VICE PRESIDE Trustee or director, Officer | 0.1 | $0 |
| DAVID R OHLINGER | TREASURER Trustee or director, Officer | 0.1 | $0 |
| DALE H PETERSON | SECRETARY Trustee or director, Officer | 0.1 | $0 |
| STEVEN F SKOLASKI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID G WALSH | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS S NELSON | VICE PRESIDE Trustee or director, Officer | 0.1 | $0 |
| DAVID R OHLINGER | TREASURER Trustee or director, Officer | 0.1 | $0 |
| DALE H PETERSON | SECRETARY Trustee or director, Officer | 0.1 | $0 |
| STEVEN F SKOLASKI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID G WALSH | DIRECTOR Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 45826, MADISON, WI 53744-5826
- In care of
- % DONALD R STROUD
- Principal officer (990 for 2025)
- STEVEN F SKOLASKI, PO BOX 45826, MADISON, WI 53744
- Signed the 990
- STEVEN F SKOLASKI, PRESIDENT
- Phone
- (608) 274-1916
- Return prepared by
- LUCIDA ADVISORS LLC
Mission
KELAB, INC. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN-MADISON.
Program accomplishments
- DISTRIBUTIONS TO THE REGENTS OF THE UNIVERSITY OF WISCONSIN-MADISON.Expenses $1,250,000 · grants $1,250,000
- MISCELLANEOUSExpenses $80,117
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-6053723
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $23,037,521
- Income (IRS master file)
- $6,370,715
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $904,069 | $1,340,485 | $23,037,521 | XML |
| 990 | December 2024 | $2,608,185 | $1,092,706 | $20,717,953 | XML |
| 990 | December 2023 | $960,095 | $1,089,797 | $18,845,297 | XML |
| 990 | December 2022 | $1,123,240 | $1,092,529 | $16,524,367 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 39-6053723).
Questions about KELAB INC
- What is the EIN of KELAB INC?
- The employer identification number (EIN) of KELAB INC is 39-6053723.
- Is KELAB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to KELAB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does KELAB 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 KELAB INC 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 KELAB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of KELAB INC?
- The 990 for the year ended December 31, 2025 names STEVEN F SKOLASKI.
- Who are the officers and directors of KELAB INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does KELAB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $904,069, expenses of $1,340,485 and total assets of $23,037,521 at year end.
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