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Nonprofit · EIN 47-0768458

LOUP-CEDAR RECREATION AREA

Tax-exempt · FULLERTON, NE 68638

Financials

$328K$309K2023$329K$317K2024
Revenue Expenses · by fiscal year end
Financials of LOUP-CEDAR RECREATION AREA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$329,493$316,838$12,655$550,801$90,954$459,847
December 31, 2023990$328,225$308,826$19,399$551,237$104,045$447,192
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,885
Program service revenue
$190,572
Investment income
$4
Net income from sales of inventory
$86,171
Other revenue
$126,032

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$113,815
Salaries, compensation and benefits (total)
$127,714
Professional fundraising fees
$0
Accounting fees
$6,055
Occupancy
$73,135
Travel
$810
Depreciation
$29,121
Program services (functional)
$316,838

Balance sheet and other

Total assets, start of year
$551,237
Total assets, end of year
$550,801
Total liabilities, end of year
$90,954
Net assets, end of year
$459,847
Land, buildings and equipment
$538,996
Gross receipts
$409,272
Employees
18

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.

NameTitleHours / weekCompensation
DEREK DUBASVICE PRESIDE
Trustee or director, Officer
–$0
SHAWN OSTRANSKYTRUSTEE
Trustee or director
–$0
KEN PROSOSKIPRESIDENT
Trustee or director, Officer
–$0
PENNY SMALLSECRETARY
Trustee or director, Officer
–$0
DEREK SMITHTREASURER
Trustee or director, Officer
–$0
ARRON WETOVICKTRUSTEE
Trustee or director
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DEREK DUBASVICE PRESIDE
Trustee or director, Officer
–$0
SHAWN OSTRANSKYTRUSTEE
Trustee or director
–$0
KEN PROSOSKIPRESIDENT
Trustee or director, Officer
–$0
PENNY SMALLSECRETARY
Trustee or director, Officer
–$0
DEREK SMITHTREASURER
Trustee or director, Officer
–$0
ARRON WETOVICKTRUSTEE
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 647, FULLERTON, NE 68638-0647
Principal officer (990 for 2024)
DEREK SMITH, 910 FULLER ST, FULLERTON, NE 68638
Signed the 990
DEREK SMITH, TREASURER
Phone
(308) 536-2977
Return prepared by
ANDREW SIMMONS CPA PC

Mission

TO PROVIDE SOCIAL ENTERTAINMENT AND RECREATION FOR THE MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • IT IS A RECREATION FACILITY FOR MEMBERS WHO PAY A YEARLY MEMBERSHIP FEE, PRIMARILY FOR GOLFING.
    revenue $190,572
  • IT IS A RECREATION FACILITY FOR MEMBERS WHO PAY A YEARLY MEMBERSHIP FEE, PRIMARILY GOLFING. THE BUILDING IS ALSO USED FOR SOCIAL FUNCTIONS.
    Expenses $316,838

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

IRS record

EIN
47-0768458
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$550,801
Income (IRS master file)
$409,272

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$329,493$316,838$550,801XML
990December 2023$328,225$308,826$551,237XML
990December 2022$227,212$287,006$570,466IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 47-0768458).

Questions about LOUP-CEDAR RECREATION AREA

What is the EIN of LOUP-CEDAR RECREATION AREA?
The employer identification number (EIN) of LOUP-CEDAR RECREATION AREA is 47-0768458.
Is LOUP-CEDAR RECREATION AREA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1995.
Are donations to LOUP-CEDAR RECREATION AREA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOUP-CEDAR RECREATION AREA 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 LOUP-CEDAR RECREATION AREA 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 LOUP-CEDAR RECREATION AREA 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 LOUP-CEDAR RECREATION AREA?
The 990 for the year ended December 31, 2024 names DEREK SMITH.
Who are the officers and directors of LOUP-CEDAR RECREATION AREA?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does LOUP-CEDAR RECREATION AREA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $329,493, expenses of $316,838 and total assets of $550,801 at year end.

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