Precancel Stamp Society Inc
- Assets
- $204.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 11/2015
- Data as of
- 08/2022
- EIN
- 52-6056364
Organization Overview
Precancel Stamp Society Inc is located in Bloomington, IL. The organization was established in 2015. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Precancel Stamp Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Precancel Stamp Society Inc generated $29.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $15.9k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS FORMED FOR THOSE WHO ENJOY COLLECTING STAMPS. THE ORGANIZATION FACILITATES CONVENTIONS AND PRINTS PERIODICALS FOR THE BENEFIT OF THE COLLECTING PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Patterson Editor | 1 | $6,000 | |
Tg Rehkop Secretary | 3 | $2,599 | |
Susan Kolze Member | 2 | $1,200 | |
Roy Parker Member | 1 | $0 | |
Phil Cayford Chairman | 1 | $0 | |
Eugene Byers Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,474 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,097 |
| Investment income | $6,294 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $983 |
| Other Revenue | $0 |
| Total Revenue | $29,920 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,902 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,508 |
| Total expenses | $15,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,444 |
| Other assets | $0 |
| Total assets | $204,444 |
| Total liabilities | $0 |
| Net assets or fund balances | $204,444 |
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