Skip to main content

Nonprofit · EIN 58-0620367

PHI CHI WELFARE ASSOCIATION

Tax-exempt · FLOYDS KNOBS, IN 47119

Financials

$21K$38K2022$48K$741K2023
Revenue Expenses · by fiscal year end
Financials of PHI CHI WELFARE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990$47,700$740,837-$693,137$5,788$308,075-$302,287
November 30, 2023990$21,429$38,123-$16,694$560,666$291,268$269,398
Financial details: 990 for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$4,685
Program service revenue
$0
Investment income
$37,685
Net gain from sales of assets
$18,159
Other revenue
$5,330

Expenses

Grants and similar amounts paid
$701,320
Salaries, compensation and benefits (total)
$1,001
Professional fundraising fees
$0
Accounting fees
$3,375
Occupancy
$900
Travel
$3,120

Balance sheet and other

Total assets, start of year
$560,666
Total assets, end of year
$5,788
Total liabilities, end of year
$308,075
Net assets, end of year
-$302,287
Publicly traded securities
$153
Net assets without donor restrictions
-$457,525
Net assets with donor restrictions
$155,238
Gross receipts
$122,629
Employees
0
Volunteers
5
Year formed
1901
State of legal domicile
IN

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHILPEN PATELPRESIDENT
Trustee or director, Officer
4$0
LAWRENCE LEBLONDSECRETARY/TREASURER
Trustee or director, Officer
4$0
ASHLEY LANEHARTBOARD MEMBER
Trustee or director
4$0
TAYLOR NEWSOMEBOARD MEMBER
Trustee or director
4$0
GARY GILBERT-HOWESBOARD MEMBER
Trustee or director
4$0
990 for the year ended November 30, 2023: 5 people
NameTitleHours / weekCompensation
SHILPEN PATELCHAIRMAN
Trustee or director, Officer
4$0
LAWRENCE LEBLONDSECRETARY/TREASURER
Trustee or director, Officer
4$0
ASHLEY CAMPBOARD MEMBER
Trustee or director
4$0
TAYLOR NEWSOMEBOARD MEMBER
Trustee or director
4$0
GARY GILBERT-HOWESBOARD MEMBER
Trustee or director
4$0

Address and contacts

Address (IRS master file)
2039 RIDGEVIEW DR, FLOYDS KNOBS, IN 47119-8913
In care of
% DANA MURPHY
Principal officer (990 for 2023)
LAWRENCE LEBLOND, 2039 RIDGEVIEW DRIVE, FLOYDS KNOBS, IN 47119
Signed the 990
LAWRENCE LEBLOND, TREASURER
Phone
(812) 923-7270
Return prepared by
DEMING MALONE LIVESAY & OSTROFF PSC

Mission

TO SUPPORT AND ADVISE INDIVIDUAL MEDICAL STUDENTS AND MEDICAL EDUCATION.

990 for the year ended November 30, 2024

Program accomplishments

  • TO SUPPORT AND ADVISE INDIVIDUAL MEDICAL STUDENTS AND MEDICAL EDUCATION THROUGH SCHOLARSHIPS, LOANS, GRANTS, LIBRARIES, AND EQUIPMENT.

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 November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990 on file
2022November 30, 2023April 15, 2024990 on file

IRS record

EIN
58-0620367
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1965
Accounting year ends
November
Files
Form 990 or 990-EZ

Filing history

FormYear endedRevenueExpensesAssetsReturn
990November 2024$47,700$740,837$5,788XML
990November 2023$21,429$38,123$560,666XML
990November 2022-$49,898$69,636$566,209IRS
990November 2021–––IRS
990November 2020–––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 58-0620367).

Questions about PHI CHI WELFARE ASSOCIATION

What is the EIN of PHI CHI WELFARE ASSOCIATION?
The employer identification number (EIN) of PHI CHI WELFARE ASSOCIATION is 58-0620367.
Is PHI CHI WELFARE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1965.
Are donations to PHI CHI WELFARE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PHI CHI WELFARE ASSOCIATION 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 PHI CHI WELFARE ASSOCIATION due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHI CHI WELFARE ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended November 2024.
Who is the principal officer of PHI CHI WELFARE ASSOCIATION?
The 990 for the year ended November 30, 2024 names LAWRENCE LEBLOND.
Who are the officers and directors of PHI CHI WELFARE ASSOCIATION?
The 990 for the year ended November 30, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PHI CHI WELFARE ASSOCIATION have?
On its 990 for the year ended November 30, 2024 it reported revenue of $47,700, expenses of $740,837 and total assets of $5,788 at year end.

Other nonprofits in FLOYDS KNOBS

All nonprofits in FLOYDS KNOBS · Indiana