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Nonprofit · EIN 93-4326276

MIDWEST POWERBOAT INC

Tax-exempt · EVANSVILLE, IN 47712

Financials

$106K$89K2024
Revenue Expenses · by fiscal year end
Financials of MIDWEST POWERBOAT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$105,678$88,843$16,835$35,173$477$34,696
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$76,252
Net income from fundraising events
$28,677
Net income from sales of inventory
$749

Expenses

Grants and similar amounts paid
$57,485
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$925
Other expenses
$30,433
Program services (functional)
$57,485

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$35,173
Total liabilities, end of year
$477
Net assets, end of year
$34,696
Cash, savings and investments
$35,173
Gross receipts
$155,262

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEFF HOEFLINGPRESIDENT2$0
TERRY MARTINVICE PRESIDENT2$0
MIKE LEWISTREASURER2$0

Address and contacts

Address (IRS master file)
4404 UPPER MOUNT VERNON RD, EVANSVILLE, IN 47712-6418
Mailing address (990-N for 2023)
4404 UPPER MOUNT VERNON ROAD, EVANSVILLE IN 47712
Principal officer (990-N for 2023)
Jeff Hoefling, 4404 UPPER MOUNT VERNON ROAD, EVANSVILLE IN 47712
Signed the 990-EZ
JEFF HOEFLING, PRESIDENT
Return prepared by
KEMPER CPA GROUP LLP

Mission

THE EXEMPT PURPOSE OF THIS ORGANIZATION IS TO HOLD FUNDRAISING EVENTS AND GIVE NET PROCEEDS TO LOCAL YOUTH-BASED 501(C)(3) ORGANIZATIONS. ALL PROCEEDS FROM FUNDRAISING EVENTS WILL BE DISTRIBUTED TO QUALIFIED NON-PROFIT ORGANIZATIONS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • SUCESSFULLY RAN A FUNDRAISER AND MADE DONATIONS TO SEVERAL ORGANIZATIONS IN THE COMMUNITY.
    Expenses $57,485

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
93-4326276
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$35,173
Income (IRS master file)
$155,262

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$105,678$88,843$35,173IRS
990-N for 2023
Officer: Jeff Hoefling
December 31, 2023≤ $50,000 receipts––e-Postcard

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 93-4326276).

Questions about MIDWEST POWERBOAT INC

What is the EIN of MIDWEST POWERBOAT INC?
The employer identification number (EIN) of MIDWEST POWERBOAT INC is 93-4326276.
Is MIDWEST POWERBOAT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to MIDWEST POWERBOAT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIDWEST POWERBOAT 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 MIDWEST POWERBOAT 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 MIDWEST POWERBOAT INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of MIDWEST POWERBOAT INC?
The 990-N for 2023 names Jeff Hoefling.
Who are the officers and directors of MIDWEST POWERBOAT INC?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MIDWEST POWERBOAT INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $105,678, expenses of $88,843 and total assets of $35,173 at year end.

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