Nonprofit · EIN 86-2143714
OLYMPIC VILLAGE INC
Tax-exempt · SUN PRAIRIE, WI 53590
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $734,764 | $1,062,615 | -$327,851 | $14,187,056 | $12,843,512 | $1,343,544 |
| December 31, 2023 | 990 | $646,152 | $983,940 | -$337,788 | $14,341,596 | $12,688,085 | $1,653,511 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,500
- Program service revenue
- $648,985
- Investment income
- $45,773
- Other revenue
- $37,506
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,648
- Accounting fees
- $2,400
- Occupancy
- $201,007
- Travel
- $552
- Depreciation
- $568,828
- Program services (functional)
- $577,106
- Management and general (functional)
- $485,509
Balance sheet and other
- Total assets, start of year
- $14,341,596
- Total assets, end of year
- $14,187,056
- Total liabilities, end of year
- $12,843,512
- Net assets, end of year
- $1,343,544
- Land, buildings and equipment
- $13,065,488
- Net assets without donor restrictions
- $1,343,544
- Gross receipts
- $734,764
- Employees
- 0
- Volunteers
- 15
- Year formed
- 2021
- State of legal domicile
- WI
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM TOMAN | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JERRY HENRICK | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| PATTY HORSTMEIER | SECRETARY Trustee or director, Officer | 1 | $0 |
| RON LOSTETTER | TREASURER Trustee or director, Officer | 1 | $0 |
| CARRIE HOPPMAN | DIRECTOR Trustee or director | 0.25 | $0 |
| DAVID SCHULTZ | DIRECTOR Trustee or director | 0.25 | $0 |
| JAMES SCHULENBURG | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM TOMAN | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| KNUTE VILLAND | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ARTHUR EGGERT | SECRETARY Trustee or director, Officer | 1 | $0 |
| RON LOSTETTER | TREASURER Trustee or director, Officer | 1 | $0 |
| DAVID SCHULTZ | DIRECTOR Trustee or director | 0.25 | $0 |
| JAMES SCHULENBURG | DIRECTOR Trustee or director | 0.25 | $0 |
| JERRY HENRICK | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 HUNTERS TRL, SUN PRAIRIE, WI 53590-2593
- Principal officer (990 for 2024)
- WILLIAM TOMAN, 1000 HUNTERS TRAIL, SUN PRAIRIE, WI 53590
- Signed the 990
- WILLIAM TOMAN, PRESIDENT
- Phone
- (608) 662-8842
- Website
- OLYMPICVILLAGESP.COM
- Return prepared by
- WEGNER CPAS LLP
Mission
PROVIDE OLDER ADULTS WITH AFFORDABLE HOUSING AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS.
Program accomplishments
- OLYMPIC VILLAGE IS SENIOR LIVING COMMUNITY PROVIDING MAINTENANCE AND LANDSCAPING SERVICES AND EDUCATION AND SOCIAL ACTIVITIES FOR ITS MEMBERS.Expenses $577,106 · revenue $648,985
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-2143714
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $14,187,056
- Income (IRS master file)
- $734,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $734,764 | $1,062,615 | $14,187,056 | IRS |
| 990 | December 2023 | $646,152 | $983,940 | $14,341,596 | XML |
| 990 | December 2022 | $498,045 | $1,016,772 | $14,379,955 | IRS |
| 990 | December 2021 | – | – | – | 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 86-2143714).
Questions about OLYMPIC VILLAGE INC
- What is the EIN of OLYMPIC VILLAGE INC?
- The employer identification number (EIN) of OLYMPIC VILLAGE INC is 86-2143714.
- Is OLYMPIC VILLAGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to OLYMPIC VILLAGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLYMPIC VILLAGE INC 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 OLYMPIC VILLAGE 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 OLYMPIC VILLAGE INC 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 OLYMPIC VILLAGE INC?
- The 990 for the year ended December 31, 2024 names WILLIAM TOMAN.
- Who are the officers and directors of OLYMPIC VILLAGE INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does OLYMPIC VILLAGE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $734,764, expenses of $1,062,615 and total assets of $14,187,056 at year end.
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