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Nonprofit · EIN 46-2790438

SUMMIT BASKETBALL CLUB

Tax-exempt · SUMMIT, NJ 07902

Financials

$177K$152K2023$168K$192K2024
Revenue Expenses · by fiscal year end
Financials of SUMMIT BASKETBALL CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$168,090$191,523-$23,433$73,932–$73,932
December 31, 2023990-EZ$177,188$151,824$25,364$97,365–$97,365
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$27,205
Program service revenue
$140,885

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$17,043
Other expenses
$174,480
Program services (functional)
$188,167

Balance sheet and other

Total assets, start of year
$97,365
Total assets, end of year
$73,932
Total liabilities, end of year
–
Net assets, end of year
$73,932
Cash, savings and investments
$73,932
Gross receipts
$168,090

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DENISE HOLMESVice President0$0
KRISTINE NUKKSecretary0$0
MARK OZOROSKITrustee0$0
MATTHEW POSTTrustee1$0
PETER ENGLERTTreasurer1$0
MATT DICZOKPresident1$0
ANNETTE RICCUITITrustee1$0
TOM KENNYTrustee1$0
TIM SIMOTrustee1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DENISE HOLMESVice President0$0
KRISTINE NUKKSecretary0$0
MARK OZOROSKITrustee0$0
MATTHEW POSTTrustee1$0
PETER ENGLERTTreasurer1$0
MATT DICZOKPresident1$0
ANNETTE RICCUITITrustee1$0
TOM KENNYTrustee1$0
TIM SIMOTrustee1$0

Address and contacts

Address (IRS master file)
PO BOX 33, SUMMIT, NJ 07902-0033
Signed the 990-EZ
ERIN MCCANN, Treasurer
Phone
(908) 591-9653
Return prepared by
SCHLUSSEL & BYALICK LLP

Mission

To provide the City of Summit, in partnership with the Department of Community Programs, a full range of basketball opportunities for all Summit residents from grades 3-8, including an In Town League from grades 3-8 and a Travel Program from grades 5-8. To offer all interested basketball players from 3rd through 8th grade a competitive yet educational environment to develop their basketball skills. The In Town League will offer participants both practice time and clinics along with a competitive team-oriented season. The Travel Program will offer 5th through 8th grade Summit basketball players with more highly developed skills the opportunity to play against higher level competition in a multi-town league. The required practice and skill development demands for these players will be greater than those for the In Town League. The level of commitment demanded from these players will also be higher-commensurate with the demands of the Travel Program. Furthermore, the organization will be

990-EZ for the year ended December 31, 2024

Program accomplishments

  • SUMMIT BASKETBALL LEAGUE
    Expenses $188,167

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-2790438
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$73,932
Income (IRS master file)
$168,090

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$168,090$191,523$73,932XML
990-EZDecember 2023$177,188$151,824$97,365XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 46-2790438).

Questions about SUMMIT BASKETBALL CLUB

What is the EIN of SUMMIT BASKETBALL CLUB?
The employer identification number (EIN) of SUMMIT BASKETBALL CLUB is 46-2790438.
Is SUMMIT BASKETBALL CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to SUMMIT BASKETBALL CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMIT BASKETBALL CLUB 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 SUMMIT BASKETBALL 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 SUMMIT BASKETBALL CLUB last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of SUMMIT BASKETBALL CLUB?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does SUMMIT BASKETBALL CLUB have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $168,090, expenses of $191,523 and total assets of $73,932 at year end.

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