Nonprofit · EIN 83-3400356
RESET VENTURES INC
Tax-exempt · MUSKEGON, MI 49440
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,305,923 | $1,074,314 | $2,231,609 | $3,062,280 | $0 | $3,062,280 |
| December 31, 2023 | 990-PF | $500,047 | $870,544 | -$370,497 | $1,394,151 | $163,418 | $1,230,733 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,642,413
- Dividends
- $3,006
- Net gain from sales of assets
- $660,504
Expenses
- Grants and similar amounts paid
- $932,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $932,000
- Excise tax on investment income
- $9,223
Balance sheet and other
- Total assets, start of year
- $1,394,151
- Total assets, end of year
- $3,062,280
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,062,280
- Fair market value of assets
- $3,062,340
- Qualifying distributions
- $932,000
- Net investment income
- $663,510
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD W PLAYFORD 329 W CIRCLE DRIVE, N MUSKEGON, MI 49445 | PRESIDENT | 0 | $0 |
| KYLE T PETT 5801 SAFETY DRIVE NE, BELMONT, MI 49306 | TREASURER | 0 | $0 |
| JOSEPH S BUSH 4090 BRAEBURN DRIVE, NORTON SHORES, MI 49441 | SECRETARY | 0 | $0 |
| SHANNON R CHESTER 1648 N BUYS ROAD, MUSKEGON, MI 49445 | DIRECTOR | 0 | $0 |
| KATHLEEN PLAYFORD 329 W CIRCLE DRIVE, N MUSKEGON, MI 49445 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD W PLAYFORD 329 W CIRCLE DRIVE, N MUSKEGON, MI 49445 | PRESIDENT | 0 | $0 |
| KYLE T PETT 5801 SAFETY DRIVE NE, BELMONT, MI 49306 | TREASURER | 0 | $0 |
| JOSEPH S BUSH 4090 BRAEBURN DRIVE, NORTON SHORES, MI 49441 | SECRETARY | 0 | $0 |
| SHANNON R CHESTER 1648 N BUYS ROAD, MUSKEGON, MI 49445 | DIRECTOR | 0 | $0 |
| KATHLEEN PLAYFORD 329 W CIRCLE DRIVE, N MUSKEGON, MI 49445 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 700 TERRACE POINT DR STE 200, MUSKEGON, MI 49440-1166
- In care of
- % JOSEPH S BUSH
- Signed the 990-PF
- BRAD PLAYFORD, OFFICER
- Phone
- (616) 890-9458
- Return prepared by
- K BRYKER PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-3400356
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Youth development (O99)
- Assets (IRS master file)
- $3,062,280
- Income (IRS master file)
- $4,417,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,305,923 | $1,074,314 | $3,062,280 | XML |
| 990-PF | December 2023 | $500,047 | $870,544 | $1,394,151 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 83-3400356).
Questions about RESET VENTURES INC
- What is the EIN of RESET VENTURES INC?
- The employer identification number (EIN) of RESET VENTURES INC is 83-3400356.
- Is RESET VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to RESET VENTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RESET VENTURES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RESET VENTURES 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 RESET VENTURES INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of RESET VENTURES INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does RESET VENTURES INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,305,923, expenses of $1,074,314 and total assets of $3,062,280 at year end.
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