242 Theodore Stalemo: FY2022 Nonprofit Profile & Form 990 (EIN 41-0670469)

Revenue by fiscal year
FY2020	$53K
FY2021	$119K
FY2022	$82K
FY2023	$80K
FY2024	$151K

Expenses by fiscal year
FY2020	$89K
FY2021	$118K
FY2022	$95K
FY2023	$102K
FY2024	$114K

Net assets by fiscal year
FY2020	$286K
FY2021	$329K
FY2022	$339K
FY2023	$320K
FY2024	$333K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1942.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $95K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation

Rodger Coauette

Adjutant

$0Pt VII · Sec A

Sharon Olson

Assistant

$0Pt VII · Sec A

Ronald Larson

Commander

$0Pt VII · Sec A

James Cameron

Gaming Manager

$0Pt VII · Sec A

Herman Metzger

Treasurer

$0Pt VII · Sec A

See 242 Theodore Stalemo executive salaries →

Questions the 990 asks

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

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects veterans with networking, social, and volunteer opportunities.

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1 program · in their own filed words · FY2022

01

Providing opportunities in a social setting for veterans

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-0670469) · Dispute this line

Pt IX · Ln 25 · col B

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$82K

Ln 12

Other incomeLn 4–11$79K

Gifts and grantsLn 1h$2K

Investment incomeLn 3$290

Money outPt IX

$95K

Ln 25

Programscol B$95K

Owns and owesPt X

$339K

net assets · Ln 32

Cash and savingsLn 1–2$260K

Total assetsLn 16$339K

LiabilitiesLn 26$0

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2K

Investment incomeLn 3$290

Other incomeLn 4–11$79K

Total revenueLn 12$82K

Assets in detailPt X, end of year

CashLn 1$171K

SavingsLn 2$90K

Cash and savings togetherLn 1–2$260K

Inventories for sale or useLn 8$6K

Land, buildings, equipmentLn 10c$73K

Total assetsLn 16$339K

LiabilitiesLn 26$0

Net assetsLn 32$339K

OperationsPt I, VI

EmployeesI 58

VolunteersI 610

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$230K	$260K
Land, buildings, equipmentLn 10c	$76K	$73K
Total assetsLn 16	$329K	$339K
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$329K	$339K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs
Other salaries and wagesLn 7	$26K	$26K
Payroll taxesLn 10	$6K	$6K
Accounting feesLn 11c	$3K	$3K
Advertising and promotionLn 12	$1K	$1K
OccupancyLn 16	$7K	$7K
InterestLn 20	$246	$246
Depreciation, depletion and amortizationLn 22	$4K	$4K
InsuranceLn 23	$9K	$9K
Other expenses (24a–d)Ln 24	$4K	$4K
All other expensesLn 24e	$35K	$35K
Total functional expensesLn 25	$95K	$95K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Mar 26, 2025	$151K	$114K	$37K	$333K	990 PDF
FY2023Filed with the IRS Nov 6, 2024	$80K	$102K	−$21K	$320K	990 PDF
FY2022 ViewingFiled with the IRS May 9, 2023	$82K	$95K	−$13K	$339K	990 PDF
FY2021Filed with the IRS May 18, 2022	$119K	$118K	$2K	$329K	990 PDF
FY2020Filed with the IRS May 19, 2021	$53K	$89K	−$36K	$286K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2022 990

Part I · Summary $81,972 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,440$2,320

I-9 Program service revenue$0

I-10 Investment incomePrior year $505$290

I-11 Other revenuePrior year $117,511$79,362

I-12 Total revenuePrior year $119,456$81,972

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $24,874$31,821

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $92,670$62,714

I-18 Total expensesPrior year $117,544$94,535

I-19 Revenue less expensesPrior year $1,912−$12,563

Part VI · Governance 0 of 5 board members independent, 5 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members0

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $81,972 across 6 lines filed

Lines not itemized here account for $75,714 of total revenue; see the IRS return.

VIII-1b Membership dues$1,750

VIII-1f All other contributions, gifts and grants$570

VIII-1h Total contributions, gifts and grants$2,320

VIII-3 Investment incomeRelated to mission $290$290

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,648$3,648

VIII-12 Total revenueRelated to mission $79,652$81,972

Part IX · Statement of functional expenses $94,535 across 10 lines filed

IX-7 Other salaries and wagesPrograms $25,786$25,786

IX-10 Payroll taxesPrograms $6,035$6,035

IX-11c Accounting feesPrograms $2,795$2,795

IX-12 Advertising and promotionPrograms $1,246$1,246

IX-16 OccupancyPrograms $6,658$6,658

IX-20 InterestPrograms $246$246

IX-22 Depreciation, depletion and amortizationPrograms $3,717$3,717

IX-23 InsurancePrograms $9,213$9,213

IX-24 Other expenses (24a–d)Programs $3,727$3,727

IX-24e All other expensesPrograms $35,112$35,112

IX-25 Total functional expensesPrograms $94,535$94,535

Part X · Balance sheet $338,539 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $140,678$170,516

X-2 Savings and temporary cash investmentsStart of year $89,509$89,755

X-8 Inventories for sale or useStart of year $22,111$5,726

X-10c Land, buildings and equipment, netStart of year $76,259$72,542

X-16 Total assetsStart of year $328,557$338,539

X-26 Total liabilitiesStart of year $0$0

X-31 Retained earnings or endowmentStart of year $328,557$338,539

X-32 Total net assets or fund balancesStart of year $328,557$338,539

X-33 Total liabilities and net assetsStart of year $328,557$338,539

Part XI · Reconciliation of net assets $338,539 net assets at year end

XI-1 Total revenue$81,972

XI-2 Total expenses$94,535

XI-3 Revenue less expenses−$12,563

XI-4 Net assets at start of year$328,557

XI-8 Prior period adjustments$22,545

XI-10 Net assets at end of year$338,539

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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242 Theodore Stalemo FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for 242 Theodore Stalemo

By the numbers

Filing history

Schedules filed Part IV