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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 62-0366300

UNITED STATES BUSINESS AND INDUSTRY COUNCIL

Tax-exempt · BETHESDA, MD 20814

Financials

$66K$79K2023
Revenue Expenses · by fiscal year end
Financials of UNITED STATES BUSINESS AND INDUSTRY COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$65,500$79,350-$13,850$21,549$32,046-$10,497
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$65,500
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$48,799
Salaries, compensation and benefits (total)
$51,719
Professional fundraising fees
$0
Legal fees
$625
Accounting fees
$1,700
Travel
$1,029

Balance sheet and other

Total assets, start of year
$35,301
Total assets, end of year
$21,549
Total liabilities, end of year
$32,046
Net assets, end of year
-$10,497
Land, buildings and equipment
$5,110
Gross receipts
$65,500
Employees
1
Volunteers
2
Year formed
1933
State of legal domicile
TN

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, 2023, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KEVIN L KEARNSPRESIDENT
Trustee or director
40$37,071$11,728
ABRAHAM GOLDFARBDIRECTOR
Trustee or director
1$0$0
HANK TRUEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5225 POOKS HILL RD APT 213S, BETHESDA, MD 20814-6702
Mailing address (990-N for 2025)
501 Slaters Lane Apt 114, Alexandria VA 22314
Principal officer (990 for 2023)
KEVIN KEARNS, 5225 POOKS HILL RD, Bethesda, MD 20814
Principal officer (990-N for 2025)
Kevin L Kearns, 501 Slaters Lane Apt 114, Alexandria VA 22314
Signed the 990
KEVIN L KEARNS, PRESIDENT
Phone
(202) 957-9994
Return prepared by
H AND R BLOCK

Mission

COUNCIL PURPOSE IS TO PROMOTE KNOWLEDGE OF THE PRINCIPLES OF FREE ENTERPRISE AND THE FREE MARKET TO THE PUBLIC BY MEANS OF PUBLISHED ARTICLES, LECTURES, AND OTHER VENTURES

990 for the year ended December 31, 2023

Program accomplishments

  • THE COUNCIL IS ORGANIZED FOR THE PURPOSE OF PROMOTING FREE ENTERPRISE LIMITED GOVERMENT; A NATIONAL DEFENSE SECOND TO NONE; AMERICAN-CENTERED FOREGIN AND TRADE POLICIES; SOUND FISCAL, TAX, AND MONETARY POLICIES; ENERGY INDEPENDENCE; EFFICIENT NATURAL RESOURCES USE: JOB AND WEALTH CREATION OF ALL AMERICANS: EXPANSION OF U.S. BUSINESS AND INDUSTRIES BASE; AND THE MORAL REVITALIZATION OF THE REPUBLIC

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

File the 2026 990-N for UNITED STATES BUSINESS AND INDUSTRY COUNCIL

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
62-0366300
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Kevin L Kearns
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Kevin L Kearns
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$65,500$79,350$21,549XML
990December 2022$68,700$40,799$35,301IRS
990December 2021$140,450$150,643$9,016IRS
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 62-0366300).

Questions about UNITED STATES BUSINESS AND INDUSTRY COUNCIL

What is the EIN of UNITED STATES BUSINESS AND INDUSTRY COUNCIL?
The employer identification number (EIN) of UNITED STATES BUSINESS AND INDUSTRY COUNCIL is 62-0366300.
Is UNITED STATES BUSINESS AND INDUSTRY COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to UNITED STATES BUSINESS AND INDUSTRY COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does UNITED STATES BUSINESS AND INDUSTRY COUNCIL file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of UNITED STATES BUSINESS AND INDUSTRY COUNCIL due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNITED STATES BUSINESS AND INDUSTRY COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of UNITED STATES BUSINESS AND INDUSTRY COUNCIL?
The 990 for the year ended December 31, 2023 names KEVIN KEARNS.
Who are the officers and directors of UNITED STATES BUSINESS AND INDUSTRY COUNCIL?
The 990 for the year ended December 31, 2023 lists 3 people; 1 received compensation from the organization, the highest $37,071 (KEVIN L KEARNS, PRESIDENT).
How much revenue does UNITED STATES BUSINESS AND INDUSTRY COUNCIL have?
On its 990 for the year ended December 31, 2023 it reported revenue of $65,500, expenses of $79,350 and total assets of $21,549 at year end.

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