Nonprofit · EIN 46-5236826
VETERAN BUSINESS PROJECT INC
Tax-exempt · NAPERVILLE, IL 60563
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $118,064 | $411,639 | -$293,575 | $460,264 | $47,475 | $412,789 |
| December 31, 2023 | 990 | $995,323 | $298,280 | $697,043 | $718,749 | $12,385 | $706,364 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $123,657
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$5,593
- Other revenue
- -$5,593
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $145,000
- Other salaries and wages
- $72,500
- Salaries, compensation and benefits (total)
- $235,317
- Professional fundraising fees
- $0
- Accounting fees
- $29,039
- Occupancy
- $2,690
- Travel
- $22,660
- Program services (functional)
- $296,357
- Management and general (functional)
- $83,047
- Fundraising (functional)
- $32,235
Balance sheet and other
- Total assets, start of year
- $718,749
- Total assets, end of year
- $460,264
- Total liabilities, end of year
- $47,475
- Net assets, end of year
- $412,789
- Net assets without donor restrictions
- $7,789
- Net assets with donor restrictions
- $405,000
- Gross receipts
- $126,279
- Employees
- 3
- Volunteers
- 8
- Year formed
- 2013
- State of legal domicile
- IL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DALE EISENBERG | CHAIRMAN Trustee or director, Officer | 40 | $72,500 |
| CHARLES LYNN LOWDER | CEO Officer | 40 | $72,500 |
| FRED PARISH | TREASURER Trustee or director, Officer | 0.5 | $0 |
| STEPHANIE BROWN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DR HOPE GOLDBERG | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MIKE CKLAMOVSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES LYNN LOWDER | CEO Officer | 40 | $62,500 |
| DALE EISENBERG | CHAIRMAN Trustee or director, Officer | 40 | $55,000 |
| FRED PARISH | TREASURER Trustee or director, Officer | 0.5 | $0 |
| STEPHANIE BROWN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LT COL KATE GERMANO | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2020 CALAMOS COURT 120, NAPERVILLE, IL 60563-3284
- Mailing address (990-N for 2021)
- 5539 Bergamot Lane, Naperville IL 60564
- Principal officer (990 for 2024)
- CHARLES LYNN LOWDER, 106 S NORTHWEST HWY, PARK RIDGE, IL 60068
- Principal officer (990-N for 2021)
- Charles Lowder, 5539 Bergamot Lane, Naperville IL 60564
- Signed the 990
- CHARLES LYNN LOWDER, CEO
- Phone
- (800) 383-5150
- Website
- VETERANBUSINESSPROJECT.ORG
- Return prepared by
- HAWKINS ASH CPAS LLP
Mission
VETERAN BUSINESS PROJECT PROMOTES VETERAN SMALL BUSINESS OWNERSHIP OPPORTUNITIES BY GETTING MILITARY, VETERANS, AND SPOUSES INTO BUSINESS. WE EDUCATE ACTIVE DUTY MILITARY, VETERANS, BUSINESS OWNERS, FINANCIAL INSTITUTIONS, PUBLIC AND PRIVATE SECTORS, THE GENERAL PUBLIC, AND LEGISLATORS ON THE NECESSITY FOR PRO-VETERAN SMALL BUSINESS OWNERSHIP AND ACCOMPANYING, REALISTIC FEDERAL AND STATE BUSINESS LENDING PROGRAMS. VETERAN BUSINESS PROJECT THEN CONNECTS THESE GROUPS TO FACILITATE VETERANS' SMALL BUSINESS OWNERSHIP.
Program accomplishments
- VETERAN BUSINESS PROJECT PROMOTES VETERAN SMALL BUSINESS OWNERSHIP OPPORTUNITIES BY GETTING MILITARY, VETERANS, AND SPOUSES INTO BUSINESS. WE EDUCATE ACTIVE DUTY MILITARY, VETERANS, BUSINESS OWNERS, FINANCIAL INSTITUTIONS, PUBLIC AND PRIVATE SECTORS, THE GENERAL PUBLIC, AND LEGISLATORS ON THE NECESSITY FOR PRO-VETERAN SMALL BUSINESS OWNERSHIP AND ACCOMPANYING, REALISTIC FEDERAL AND STATE BUSINESS LENDING PROGRAMS. VETERAN BUSINESS PROJECT THEN CONNECTS THESE GROUPS TO FACILITATE VETERANS' SMALL BUSINESS OWNERSHIP.Expenses $296,357
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 | Not 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
- 46-5236826
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W30)
- Assets (IRS master file)
- $460,264
- Income (IRS master file)
- $126,279
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $118,064 | $411,639 | $460,264 | XML |
| 990 | December 2023 | $995,323 | $298,280 | $718,749 | XML |
| 990 | December 2022 | $21,282 | $274,970 | $17,321 | IRS |
| 990-N for 2021 Officer: Charles Lowder | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Charles Lowder | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Charles Lowder | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-5236826).
Questions about VETERAN BUSINESS PROJECT INC
- What is the EIN of VETERAN BUSINESS PROJECT INC?
- The employer identification number (EIN) of VETERAN BUSINESS PROJECT INC is 46-5236826.
- Is VETERAN BUSINESS PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to VETERAN BUSINESS PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VETERAN BUSINESS PROJECT 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 VETERAN BUSINESS PROJECT 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 VETERAN BUSINESS PROJECT 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 VETERAN BUSINESS PROJECT INC?
- The 990 for the year ended December 31, 2024 names CHARLES LYNN LOWDER.
- Who are the officers and directors of VETERAN BUSINESS PROJECT INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $72,500 (DALE EISENBERG, CHAIRMAN).
- How much revenue does VETERAN BUSINESS PROJECT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $118,064, expenses of $411,639 and total assets of $460,264 at year end.
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