Belmont A C FY2024 filing

Joliet, ILUnknown exempt organizationSince 1947 EIN 36-6472133Revenue $112K in FY2024

On file with the IRS[email protected]Po Box 432 · Joliet, IL

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Promote youth athletic activities, recreational and social events for the membership using profits from operations to promote the exempt purpose and maintain land and buildings and facilities

$23K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
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
3 of 6
filings with a surplus
Average surplus $10K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 3 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
Pay to officers and key staff
$23K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 233 voting members
Concern: none of 233 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$112K
-7% vs prior year
Spent
$142K
To programs
0%
Net assets
$324K
By yearFY2020–FY2025
Revenue
$112K
FY2024▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$63K
FY2021$118K
FY2022$132K
FY2023$121K
FY2024$112K
FY2025$176K
Expenses
$142K
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$86K
FY2021$87K
FY2022$89K
FY2023$128K
FY2024$142K
FY2025$131K
Net assets
$324K
FY2024▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$273K
FY2021$318K
FY2022$361K
FY2023$354K
FY2024$324K
FY2025$370K

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $142K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $23K paid to officers and key staff.

Part VII, Section A · reportable compensation
Bar Chairman
$14,400Pt VII · Sec A
Treasurer
$8,400Pt VII · Sec A
Recording Sec.
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert Stark$14,400$14,400$1,000$12,000$2,000—
Bruce Schatz——$11,000—$10,000—
Ronald Bills SR—————$10,750
Mark S Ross$8,400$8,400$6,000$6,000$6,000$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Belmont A C executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Sponsors youth sports, recreation, and social events, using profits to maintain facilities.

Questions for Belmont A C

Tap to ask. Belmont A C sees how many people are interested.

Your first name shows with your question. Belmont A C answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

The corporation actively promotes athletic events, recreational and social activities for its members and uses the profits for maintenance and improvements in order to promote and facilitate youth baseball leagues by providing land and improvements. Profits are also used to sponsor teams and events for membership.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$112K
Ln 12
Other incomeLn 4–11$105K
Gifts and grantsLn 1h$7K
Investment incomeLn 3$255
Money outPt IX
$142K
Ln 25
Managementcol C$142K
Owns and owesPt X
$324K
net assets · Ln 32
Cash and savingsLn 1–2$133K
Total assetsLn 16$327K
LiabilitiesLn 26$3K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a233
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7K
Investment incomeLn 3$255
Other incomeLn 4–11$105K
Gains on assetsLn 7$0
Total revenueLn 12$112K
Assets in detailPt X, end of year
CashLn 1$97K
SavingsLn 2$36K
Cash and savings togetherLn 1–2$133K
Land, buildings, equipmentLn 10c$178K
Total assetsLn 16$327K
LiabilitiesLn 26$3K
Net assetsLn 32$324K
OperationsPt I, VI
EmployeesI 52
VolunteersI 618
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$160K$133K
Land, buildings, equipmentLn 10c$183K$178K
Total assetsLn 16$356K$327K
LiabilitiesLn 26$2K$3K
Net assetsLn 32$354K$324K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$23K$0$23K$0
Payroll taxesLn 10$2K$0$2K$0
Accounting feesLn 11c$7K$0$7K$0
Office expensesLn 13$5K$0$5K$0
OccupancyLn 16$43K$0$43K$0
Depreciation, depletion and amortizationLn 22$39K$0$39K$0
InsuranceLn 23$14K$0$14K$0
Other expenses (24a–d)Ln 24$10K$0$10K$0
All other expensesLn 24e$110$0$110$0
Total functional expensesLn 25$142K$0$142K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $176K$131K$45K$370K 990 PDF
FY2024 Viewing $112K$142K−$29K$324K 990 PDF
FY2023 $121K$128K−$7K$354K 990 PDF
FY2022 $132K$89K$43K$361K 990 PDF
FY2021 $118K$87K$32K$318K 990 PDF
FY2020 $63K$86K−$23K$273K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $112,318 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,735$7,290
I-9 Program service revenue$0
I-10 Investment incomePrior year $258$255
I-11 Other revenuePrior year $110,678$104,773
I-12 Total revenuePrior year $120,671$112,318
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $19,612$24,854
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $108,411$116,682
I-18 Total expensesPrior year $128,023$141,536
I-19 Revenue less expensesPrior year −$7,352−$29,218
Part VI · Governance 0 of 233 board members independent, 3 to look at
VI-1a Voting members of the governing body233
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $112,318 across 5 lines filed
Lines not itemized here account for $104,773 of total revenue; see the IRS return.
VIII-1b Membership dues$7,290
VIII-1h Total contributions, gifts and grants$7,290
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $255$255
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $104,773 · Unrelated business $0 · Excluded from tax $255$112,318
Part IX · Statement of functional expenses $141,536 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $22,800 · Fundraising $0$22,800
IX-10 Payroll taxesPrograms $0 · Management $2,054 · Fundraising $0$2,054
IX-11c Accounting feesPrograms $0 · Management $6,660 · Fundraising $0$6,660
IX-13 Office expensesPrograms $0 · Management $4,551 · Fundraising $0$4,551
IX-16 OccupancyPrograms $0 · Management $42,773 · Fundraising $0$42,773
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $38,797 · Fundraising $0$38,797
IX-23 InsurancePrograms $0 · Management $13,960 · Fundraising $0$13,960
IX-24 Other expenses (24a–d)Programs $0 · Management $9,831 · Fundraising $0$9,831
IX-24e All other expensesPrograms $0 · Management $110 · Fundraising $0$110
IX-25 Total functional expensesPrograms $0 · Management $141,536 · Fundraising $0$141,536
Part X · Balance sheet $327,337 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $124,411$97,401
X-2 Savings and temporary cash investmentsStart of year $35,283$35,598
X-8 Inventories for sale or useStart of year $12,867$16,531
X-10c Land, buildings and equipment, netStart of year $183,220$177,807
X-16 Total assetsStart of year $355,781$327,337
X-17 Accounts payable and accrued expensesStart of year $2,110$2,884
X-26 Total liabilitiesStart of year $2,110$2,884
X-32 Total net assets or fund balancesStart of year $353,671$324,453
X-33 Total liabilities and net assetsStart of year $355,781$327,337
Part XI · Reconciliation of net assets $324,453 net assets at year end
XI-1 Total revenue$112,318
XI-2 Total expenses$141,536
XI-3 Revenue less expenses−$29,218
XI-4 Net assets at start of year$353,671
XI-10 Net assets at end of year$324,453

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.