ECONOMIC CLUB OF INDIANA INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ECONOMIC CLUB OF INDIANA INC (EIN 23-7381408)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-13
IRS object ID
202431349349303293
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-13T11:14:12+00:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12095 Lakeside Centre Way Suite 125AddressLine1Txt
CityKnoxvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP379226647ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237381408EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Economic Club of Indiana IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlECONBusinessNameControlTxt
Phone3176362020PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 N Meridian StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKORLON KILPATRICKPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKorlonPersonFirstNm
Person LastKilpatrickPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWill SmithPreparerPersonNm
PTINP01612365PTIN
Phone8656907975PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1KORLON KILPATRICKBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 N Meridian StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$309,824GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.economicclubofindiana.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTo provide a forum for central Indiana's current and emerging leaders to be challenged by extraordinary speakers and engaged collectively in advancing great ideas for the common good.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$285,910PYContributionsGrantsAmt
CY Contributions Grants$260,740CYContributionsGrantsAmt
PY Program Service Revenue$57,668PYProgramServiceRevenueAmt
CY Program Service Revenue$45,730CYProgramServiceRevenueAmt
PY Investment Income$827PYInvestmentIncomeAmt
CY Investment Income$3,198CYInvestmentIncomeAmt
CY Other Revenue$156CYOtherRevenueAmt
PY Total Revenue$344,405PYTotalRevenueAmt
CY Total Revenue$309,824CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$321,548PYOtherExpensesAmt
CY Other Expenses$337,854CYOtherExpensesAmt
PY Total Expenses$321,548PYTotalExpensesAmt
CY Total Expenses$337,854CYTotalExpensesAmt
PY Revenues Less Expenses$22,857PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$28,030CYRevenuesLessExpensesAmt
Total Assets BOY$856,641TotalAssetsBOYAmt
Total Assets EOY$830,746TotalAssetsEOYAmt
Total Liabilities BOY$23,504TotalLiabilitiesBOYAmt
Total Liabilities EOY$25,639TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$833,137NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$805,107NetAssetsOrFundBalancesEOYAmt
MissionTo provide a forum for central Indiana's current and emerging leaders to be challenged by extraordinary speakers and engaged collectively in advancing great ideas for the common good.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$232,652ExpenseAmt
Revenue$45,886RevenueAmt
DescFOR OVER 50 YEARS, THE ECONOMIC CLUB OF INDIANA HAS BEEN INDIANA'S MOST IMPORTANT FORUM FOR DISCUSSION OF INTRIGUING PUBLIC ISSUES BY STATE, NATIONAL AND INTERNATIONAL LEADERS. EACH YEAR, THE CLUB MAINTAINS THE SAME HIGH LEVEL OF QUALITY IN ITS SPEAKERS. FULL MEMBERSHIP AND SEASON TICKETS ARE AVAILABLE.Desc
Total Program Service Expenses$232,652TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONICA BRAMESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3176362020PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 N Meridian StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Anne Hathaway
Program Committee Chair1.0Yes (X)Yes (X)$0$0$0
Cathy Langham
Immediate Past President1.0Yes (X)Yes (X)$0$0$0
Jeffrey Harrison
Vice President1.0Yes (X)Yes (X)$0$0$0
Keira Amstutz
Secretary & Chief Operating Officer1.0Yes (X)Yes (X)$0$0$0
Korlon Kilpatrick
Treasurer1.0Yes (X)Yes (X)$0$0$0
Mario Rodriguez
President1.0Yes (X)Yes (X)$0$0$0
Allison Melangton
Director1.0Yes (X)$0$0$0
Andy Klein
Director1.0Yes (X)$0$0$0
Carole Casto
Director1.0Yes (X)$0$0$0
Chad Priest
Director1.0Yes (X)$0$0$0
Claire Fiddian-Green
Director1.0Yes (X)$0$0$0
David Johnson
Director1.0Yes (X)$0$0$0
Deborah Daniels
Director1.0Yes (X)$0$0$0
Debra Humphreys
Director (through 11/2022)1.0Yes (X)$0$0$0
Jennifer Pittman
Director1.0Yes (X)$0$0$0
John Mead
Director1.0Yes (X)$0$0$0
Karrah Herring
Director1.0Yes (X)$0$0$0
Lisa Harris
Director1.0Yes (X)$0$0$0
Mel Raines
Director1.0Yes (X)$0$0$0
Michael Miller
Director1.0Yes (X)$0$0$0
Nate Feltman
Director1.0Yes (X)$0$0$0
Sean Huddleston
Director1.0Yes (X)$0$0$0
Stephen Reynolds
Director1.0Yes (X)$0$0$0
Todd Pedersen
Director1.0Yes (X)$0$0$0
Tony Mason
Director1.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CENTERPLATEBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 S Capitol AveAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46225ZIPCd
FieldValueIRS element (for citing)
ServicesCateringServicesDesc
Compensation$127,940CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$16,740MembershipDuesAmt
All Other Contributions$244,000AllOtherContributionsAmt
Total Contributions$260,740TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLuncheon Meeting TicketsDesc
Business900099BusinessCd
Total Revenue Column$45,730TotalRevenueColumnAmt
Related Or Exempt Func Income$45,730RelatedOrExemptFuncIncomeAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$45,730TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,198TotalRevenueColumnAmt
Exclusion$3,198ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$156TotalRevenueColumnAmt
Related Or Exempt Func Income$156RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$156OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$309,824TotalRevenueColumnAmt
Related Or Exempt Func Income$45,886RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,198ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$86,380TotalAmt
Management And General$86,380ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,400TotalAmt
Management And General$9,400ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$24,783TotalAmt
Program Services$24,783ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,091TotalAmt
Program Services$2,257ProgramServicesAmt
Management And General$2,834ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$212,200TotalAmt
Program Services$205,612ProgramServicesAmt
Management And General$6,588ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$337,854TotalAmt
Program Services$232,652ProgramServicesAmt
Management And General$105,202ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$851,446BOYAmt
EOY$799,896EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,195BOYAmt
EOY$30,850EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$856,641BOYAmt
EOY$830,746EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,504BOYAmt
EOY$15,639EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
EOY$10,000EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,504BOYAmt
EOY$25,639EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$833,137BOYAmt
EOY$805,107EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$833,137BOYAmt
EOY$805,107EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$856,641BOYAmt
EOY$830,746EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$28,030ReconcilationRevenueExpnssAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$304,440CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$292,790CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$203,730CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$285,910CurrentTaxYearMinus1YearAmt
Current Tax Year$260,740CurrentTaxYearAmt
Total$1,347,610TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$76,690CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,940CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,188CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$57,668CurrentTaxYearMinus1YearAmt
Current Tax Year$45,730CurrentTaxYearAmt
Total$246,216TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$381,130CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$354,730CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$207,918CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$343,578CurrentTaxYearMinus1YearAmt
Current Tax Year$306,470CurrentTaxYearAmt
Total$1,593,826TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,310CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$850CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,400CurrentTaxYearMinus1YearAmt
Current Tax Year$1,250CurrentTaxYearAmt
Total$6,510TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,310CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$850CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,400CurrentTaxYearMinus1YearAmt
Current Tax Year$1,250CurrentTaxYearAmt
Total$6,510TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,587,316PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,147CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,882CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$827CurrentTaxYearMinus1YearAmt
Current Tax Year$3,198CurrentTaxYearAmt
Total$8,774TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,147CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,882CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$827CurrentTaxYearMinus1YearAmt
Current Tax Year$3,198CurrentTaxYearAmt
Total$8,774TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$52CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$156CurrentTaxYearAmt
Total$208TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$383,277CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$356,664CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$208,638CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$344,405CurrentTaxYearMinus1YearAmt
Current Tax Year$309,824CurrentTaxYearAmt
Total$1,602,808TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.9903PublicSupportCY509Pct
Public Support PY5090.9918PublicSupportPY509Pct
Investment Income CY0.01InvestmentIncomeCYPct
Investment Income PY0.0InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part III, Line 12 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 0.0, COLUMN B - 52.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 156.0, COLUMN F - 208.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationThe Club is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. The Club is not considered to be a private foundation. Current accounting standards require the Club to disclose the amount of potential benefit or obligation to be realized as a result of an examination performed by a taxing authority. For the years ended June 30, 2023 and 2022, management has determined that the Club does not have any tax positions that result in any uncertainties regarding the possible impact on the Club's financial statements. The Club does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Club recognizes interest and/or penalties related to income tax matters in income tax expense. The Club did not have any amounts accrued for interest and penalties at June 30, 2023 and 2022.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 15a PROCESS FOR DETERMINING COMPENSATION FOR THE TOP MANAGEMENT OFFICIALSTHE ORGANIZATION DOES NOT HAVE ANY TOP MANAGEMENT OFFICIALS THAT RECEIVE COMPENSATION. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM INSTRUCTIONS.
Form 990, Part VI, Line 15b PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERSTHE ORGANIZATION DOES NOT HAVE ANY OTHER OFFICERS AND KEY EMPLOYEES THAT RECEIVE COMPENSATION. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM INSTRUCTIONS.
Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing bodyThe organization does not have any committees with authority to act on behalf of the governing body.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyThe Form 990 will be detailed reviewed by the Treasurer and Economic Club's Finance Committee. In addition, the Board of Governors will receive a complete copy of the 990 prior to filing.
Form 990, Part VI, Line 12c Conflict of interest policyEconomic Club has adopted a conflict of interest policy that requires the members of the Board of Governors to submit a conflict of interest disclosure statement. The disclosure statements are reviewed and approved by the Finance Committee. If a conflict should arise, the individual(s) must be recused from the decision making process in which independence is impaired.
Form 990, Part VI, Line 19 Required documents available to the publicFINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
Form 990, Part XII, Line 2c Formal Audit CommitteeThe Economic club does not have a formal audit committee, but the finance committee performs the functions of an audit committee.

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