0355 Johnson Costello Post FY2021 filing

Tax-deductible

Penn Yan, NY501(c)(19)Public & Societal BenefitEIN 16-0721898

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Patriotism and recreational activities for current and former members of the Armed Forces

501(c)(19) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $3K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$250K
+7% vs prior year
Spent
$247K
To programs
0%
Net assets
$610K
By yearFY2020–FY2025
Revenue
$250K
FY2021▲ +7%
Revenue by fiscal year
FY2020$235K
FY2021$250K
FY2022$349K
FY2023$319K
FY2024$269K
FY2025$247K
Expenses
$247K
FY2021▲ +3%
Expenses by fiscal year
FY2020$240K
FY2021$247K
FY2022$280K
FY2023$356K
FY2024$285K
FY2025$276K
Net assets
$610K
FY2021▲ +27%
Net assets by fiscal year
FY2020$481K
FY2021$610K
FY2022$628K
FY2023$595K
FY2024$593K
FY2025$569K

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2013-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Mar 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Sergeant at Arms
$0Pt VII · Sec A
Finance Treasurer
$0Pt VII · Sec A
Adjutant
$0Pt VII · Sec A
Chaplain
$0Pt VII · Sec A
1st Vice Commander
$0Pt VII · Sec A
Commander
$0Pt VII · Sec A
3rd Vice Commander
$0Pt VII · Sec A
2nd Vice Commander
$0Pt VII · Sec A
See 0355 Johnson Costello Post executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports patriotism and recreation for military members and veterans.

Provided by the organization

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3 program services, described in the organization's own filed words · FY2020.
01

Provide support for Legion causes such as Boys State, awards, scholarships, and community needs

Pt IX · col B
02

Patriotism and recreational activities for current and former members of the Armed Forces

Pt IX · col B
03

Provide newsletter for members of the Armed Forces

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $38K · 2022–2022
Disabled American VeteransFY2022$21,121
Individual RecipientFY2022$6,982
Penn Yan Shooting Sports BoostersFY2022$5,000
James R Moore VFW Post 8726FY2022$5,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$250K
Ln 12
Other incomeLn 4–11$109K
Fees for servicesLn 2g$79K
Investment incomeLn 3$38K
Money outPt IX
$247K
Ln 25
Owns and owesPt X
$610K
net assets · Ln 32
Cash and savingsLn 1–2$69K
Total assetsLn 16$610K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24K
Government grantsLn 1e$1K
Fees for servicesLn 2g$79K
Investment incomeLn 3$38K
Other incomeLn 4–11$109K
Gains on assetsLn 7$24K
Total revenueLn 12$250K
Assets in detailPt X, end of year
CashLn 1$62K
SavingsLn 2$7K
Cash and savings togetherLn 1–2$69K
InvestmentsLn 11–13$464K
Land, buildings, equipmentLn 10c$70K
Total assetsLn 16$610K
LiabilitiesLn 26$0
Net assetsLn 32$610K
OperationsPt I, VI
EmployeesI 55
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$35K$69K
InvestmentsLn 11–13$383K$464K
Land, buildings, equipmentLn 10c$57K$70K
Total assetsLn 16$481K$610K
LiabilitiesLn 26$0$0
Net assetsLn 32$481K$610K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$75K
Payroll taxesLn 10$7K
Accounting feesLn 11c$4K
Investment management feesLn 11f$5K
Other fees for servicesLn 11g$7K
Advertising and promotionLn 12$887
Office expensesLn 13$3K
OccupancyLn 16$47K
Payments to affiliatesLn 21$4K
Depreciation, depletion and amortizationLn 22$7K
Other expenses (24a–d)Ln 24$79K$79K
All other expensesLn 24e$9K
Total functional expensesLn 25$247K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $247K$276K−$29K$569K 990 PDF
FY2024 $269K$285K−$16K$593K 990 PDF
FY2023 $319K$356K−$38K$595K 990 PDF
FY2022 $349K$280K$68K$628K 990 PDF
FY2021 Viewing $250K$247K$3K$610K 990 PDF
FY2020 $235K$240K−$5K$481K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $250,473 across 9 lines filed
Lines not itemized here account for $108,117 of total revenue; see the IRS return.
VIII-1b Membership dues$5,733
VIII-1e Government grants$1,411
VIII-1f All other contributions, gifts and grants$16,639
VIII-1h Total contributions, gifts and grants$23,783
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $79,253$79,253
VIII-3 Investment incomeExcluded from tax $13,631$13,631
VIII-7 Net gain or loss on sales of assetsExcluded from tax $24,469$24,469
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,220$1,220
VIII-12 Total revenueRelated to mission $188,590 · Unrelated business $0 · Excluded from tax $38,100$250,473
Part IX · Statement of functional expenses $247,227 across 12 lines filed
IX-7 Other salaries and wages$75,361
IX-10 Payroll taxes$6,709
IX-11c Accounting fees$3,969
IX-11f Investment management fees$5,374
IX-11g Other fees for services$7,026
IX-12 Advertising and promotion$887
IX-13 Office expenses$2,510
IX-16 Occupancy$46,796
IX-21 Payments to affiliates$3,551
IX-22 Depreciation, depletion and amortization$6,936
IX-24 Other expenses (24a–d)Programs $78,996$78,996
IX-24e All other expenses$9,112
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$247,227
Part X · Balance sheet $610,099 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $34,537$62,193
X-2 Savings and temporary cash investments$6,567
X-8 Inventories for sale or useStart of year $7,038$7,038
X-10c Land, buildings and equipment, netStart of year $56,649$70,177
X-11 Publicly traded securitiesStart of year $382,712$464,124
X-16 Total assetsStart of year $480,936$610,099
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $480,936$610,099
X-33 Total liabilities and net assetsStart of year $480,936$610,099
Part XI · Reconciliation of net assets $610,099 net assets at year end
XI-1 Total revenue$250,473
XI-2 Total expenses$247,227
XI-3 Revenue less expenses$3,246
XI-4 Net assets at start of year$480,936
XI-5 Net unrealized gains (losses) on investments$60,237
XI-9 Other changes in net assets$65,680
XI-10 Net assets at end of year$610,099

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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