Nonprofit · EIN 41-1607515
LAKE CITY ATHLETIC BOOSTERS CLUB
Tax-exempt · LAKE CITY, MN 55041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $96,850 | $72,128 | $24,722 | $119,313 | $0 | $119,313 |
| December 31, 2023 | 990-PF | $72,694 | $99,719 | -$27,025 | $94,591 | $0 | $94,591 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $27,553
- Interest
- $970
- Other income
- $54,178
Expenses
- Grants and similar amounts paid
- $1,000
- Disbursements for charitable purposes
- $1,000
- Excise tax on investment income
- $13
Balance sheet and other
- Total assets, start of year
- $94,591
- Total assets, end of year
- $119,313
- Total liabilities, end of year
- $0
- Net assets, end of year
- $119,313
- Fair market value of assets
- $119,313
- Qualifying distributions
- $1,000
- Net investment income
- $970
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY HEISE LAKE CITY, LAKE CITY, MN 55041 | PRESIDENT | 10 | $0 |
| SARA BONDE LAKE CITY, LAKE CITY, MN 55041 | VICE PRESIDENT | 5 | $0 |
| TROY EMERSON LAKE CITY, LAKE CITY, MN 55041 | TREASURER | 10 | $0 |
| JACKIE BETCHER LAKE CITY, LAKE CITY, MN 55041 | SECRETARY | 5 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DERRICK STRIPLING LAKE CITY, LAKE CITY, MN 55041 | PRESIDENT | 10 | $0 |
| AMY HEISE LAKE CITY, LAKE CITY, MN 55041 | VICE PRESIDENT | 5 | $0 |
| TROY EMERSON LAKE CITY, LAKE CITY, MN 55041 | TREASURER | 10 | $0 |
| DANIELLE HEGGE LAKE CITY, LAKE CITY, MN 55041 | SECRETARY | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 225, LAKE CITY, MN 55041-0225
- In care of
- % ISD NO 813 ATHLETIC DIRECTOR
- Signed the 990-PF
- TROY EMERSON, TREASURER
- Phone
- (651) 345-5323
- Return prepared by
- LA Anderson CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1607515
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $119,313
- Income (IRS master file)
- $117,945
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $96,850 | $72,128 | $119,313 | XML |
| 990-PF | December 2023 | $72,694 | $99,719 | $94,591 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 41-1607515).
Questions about LAKE CITY ATHLETIC BOOSTERS CLUB
- What is the EIN of LAKE CITY ATHLETIC BOOSTERS CLUB?
- The employer identification number (EIN) of LAKE CITY ATHLETIC BOOSTERS CLUB is 41-1607515.
- Is LAKE CITY ATHLETIC BOOSTERS CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to LAKE CITY ATHLETIC BOOSTERS CLUB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LAKE CITY ATHLETIC BOOSTERS CLUB file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LAKE CITY ATHLETIC BOOSTERS CLUB 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 LAKE CITY ATHLETIC BOOSTERS CLUB last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LAKE CITY ATHLETIC BOOSTERS CLUB?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAKE CITY ATHLETIC BOOSTERS CLUB have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $96,850, expenses of $72,128 and total assets of $119,313 at year end.
Other nonprofits in LAKE CITY
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- LAKE CITY CHAMBER OF COMMERCE EIN 41-0823887 · last filed 990 for 2025
- GREATER LAKE CITY COMMUNITY FOUNDATION EIN 45-5337894 · last filed 990 for 2025
- LAKE CITY FOOD SHELF INC EIN 41-1430175 · last filed 990-EZ for 2025
- LAKE CITY FIRE DEPARTMENT RELIEF ASSOCIATION EIN 51-0187626 · last filed 990 for 2024
- LAKE CITY EDUCATION FOUNDATION EIN 41-1955601 · last filed 990 for 2025
- PETERS MEMORIAL FUND EIN 84-2008394 · last filed 990-EZ for 2024
- LAKE CITY MUSIC BOOSTERS EIN 41-1311328 · last filed 990 for 2025