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Nonprofit · EIN 62-6163571

BUSINESS AND PROFESSIONAL FOUNDATION

Tax-exempt · SPRINGFIELD, TN 37172

Financials

$11K$1K2023$19K$6K2024
Revenue Expenses · by fiscal year end
Financials of BUSINESS AND PROFESSIONAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$18,817$5,627$13,190$676,401$0$676,401
December 31, 2023990$11,305$1,021$10,284$659,509$0$659,509
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$109
Program service revenue
$786
Investment income
$17,922
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,955
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$545
Program services (functional)
$4,955
Management and general (functional)
$672

Balance sheet and other

Total assets, start of year
$659,509
Total assets, end of year
$676,401
Total liabilities, end of year
$0
Net assets, end of year
$676,401
Net assets without donor restrictions
$676,401
Gross receipts
$18,817
Employees
0
Volunteers
12
Year formed
1966
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CINDY BOSKINDPresident
Trustee or director
0.25$0
ERVIN BROWNTreasurer
Trustee or director, Officer
1$0
SILKE HUBBARDBoard Member
Trustee or director
0.25$0
AMBER GALLINABoard Member
Trustee or director
1$0
SHELLY MILLERBOARD MEMBER
Trustee or director
0.25$0
NELSON SILVABoard Member
Trustee or director
0.25$0
DESIREE GOFFBOARD MEMBER
Trustee or director, Officer
0.25$0
CINDY DAVISSecretary
Trustee or director, Officer
0.25$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
CINDY BOSKINDPresident
Trustee or director
0.25$0
ERVIN BROWNTreasurer
Trustee or director, Officer
1$0
APRIL VANAPELDORNBoard Member
Trustee or director
0.25$0
SILKE HUBBARDBoard Member
Trustee or director
0.25$0
JOEL SOUTHERLANDBoard Member
Trustee or director
0.25$0
AMBER GALLINABoard Member
Trustee or director
1$0
SHELLY MILLERBOARD MEMBER
Trustee or director
0.25$0
NELSON SILVABoard Member
Trustee or director
0.25$0
DESIREE GOFFBOARD MEMBER
Trustee or director, Officer
0.25$0
CINDY DAVISSecretary
Trustee or director, Officer
0.25$0

Address and contacts

Address (IRS master file)
728 S MAIN ST, SPRINGFIELD, TN 37172-2810
Principal officer (990 for 2024)
CINDY BOSKIND, 728 S MAIN STREET, SPRINGFIELD, TN 37172
Signed the 990
ERVIN BROWN, Treasurer
Phone
(615) 384-8431
Return prepared by
BROWN BROWN AND ASSOCIATES P C

Mission

To substantially assist in providing for adequate housing for organized church groups of the Kentucky-Tennessee Conference of Seventh-day Adventists that will be representative of the high standards and ideals of the denomination through no interest and/or low interest loans.To assist in evangelical, educational, medical and welfare programs of the Kentucky- Tennessee Conference of Seventh-day Adventists at the discretion of the Board of Directors and as funds are available. To function in any way provided by the charter of the organization as deemed wise and appropriate by the Board of Directors.

990 for the year ended December 31, 2024

Program accomplishments

  • FORGAVE LOAN TO DANVILLE KY SDA CHURCH TO SUPPORT CHURCH PROGRAM IN THE AMOUNT OF $4,955
    Expenses $4,955
  • PROGRAM LOANS MONEY TO CHURCHS:1)$34,000 LOAN WAS PROVIDED TO THE ELIZABETHTOWN KY SDA CHURCH2)$34,000 LOAN WAS PROVIDED TO THE CLIFTON MISSION GROUP3)$30,000 LOAN WAS PROVIDED TO THE OASIS SDA CHURCH

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-6163571
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1966
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$676,401
Income (IRS master file)
$18,817

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$18,817$5,627$676,401XML
990December 2023$11,305$1,021$659,509XML
990December 2022$9,454$196$649,225IRS
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 62-6163571).

Questions about BUSINESS AND PROFESSIONAL FOUNDATION

What is the EIN of BUSINESS AND PROFESSIONAL FOUNDATION?
The employer identification number (EIN) of BUSINESS AND PROFESSIONAL FOUNDATION is 62-6163571.
Is BUSINESS AND PROFESSIONAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to BUSINESS AND PROFESSIONAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BUSINESS AND PROFESSIONAL FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BUSINESS AND PROFESSIONAL FOUNDATION 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 BUSINESS AND PROFESSIONAL FOUNDATION 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 BUSINESS AND PROFESSIONAL FOUNDATION?
The 990 for the year ended December 31, 2024 names CINDY BOSKIND.
Who are the officers and directors of BUSINESS AND PROFESSIONAL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does BUSINESS AND PROFESSIONAL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $18,817, expenses of $5,627 and total assets of $676,401 at year end.

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