2023-06-22T11:39:11-05:00 2022-12-31 810415266 CHMS PC PO BOX 1239 MALTA MT 59538 990EZ 2022-01-01 412091901 PHILLIPS COUNTY MOTOR SPORTS INC PHIL 4066542430 PO BOX 31 MALTA MT 59538 JACY STOLEM TREASURER 4066542430 2023-06-14 1 JACY STOLEM 999009999 1 MARTIN A JOHNSON CPA P00097561 4066541575 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X WWW.PCMOTORSPORTS.ORG X X 152157 X 40003 74720 89 33305 2355 30950 4040 1945 2095 147857 600 38344 27313 136 69488 135881 11976 56523 0 68499 X 19135 35623 62907 50116 922 4278 82964 90017 26441 21518 56523 68499 X THE BUSINESS PURPOSE OF THIS CORPORATION SHALL BE TO WORK FOR THE PROMOTION AND ECONOMIC DEVELOPMENT AND TOURISM IN PHILLIPS COUNTY, IN THE STATE OF MONTANA. THE BUSINESS AND PURPOSE OF THIS ORGANIZATION SHALL BE TO WORK FOR THE PROMOTION AND ECONOMIC DEVELOPMENT AND TOURISM IN PHILLIPS COUNTY, IN THE STATE OF MONTANA 0 0 DAN STOUT PRESIDENT 1.00 0 0 0 SHANE CARNAHAN VICE PRESIDENT 1.00 0 0 0 JACY STOLEM SECRETARY/TREASURER 1.00 0 0 0 DENNY OVERCAST DIRECTOR 1.00 0 0 0 RANDY PEIGNEUX DIRECTOR 1.00 0 0 0 DAN JOHNSON DIRECTOR 1.00 0 0 0 FRANK BALDICK DIRECTOR 1.00 0 0 0 DAN OLSON DIRECTOR 1.00 0 0 0 DENNIS BEBEE DIRECTOR 1.00 0 0 0 GARY MATHWICH DIRECTOR 1.00 0 0 0 STEVE NIEFFER DIRECTOR 1.00 0 0 0 TERRY TOWNSEND DIRECTOR 1.00 0 0 0 X 0 0 0 0 0 0 0 0 JACY STOLEM PO BOX 618 MALTA MT 59538 4063990686 0 0 0 0 0 0 0 AUCTION INCOME 33305 33305 2355 33305 33305 2355 2355 30950 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST. AMOUNT: 89. TOTAL TO FORM 990-EZ, LINE 14: 27,313. FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY INCOME: GROSS RECEIPTS: 4,040. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 1,945. GROSS PROFIT: 2,095. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 1,945. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 1,945. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: SCHOLARSHIPS. DATE OF GIFT: 04/01/22. AMOUNT GIVEN: 500. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: MALTA BOYS & GIRLS CLUB. GRANTEE ADDRESS: 101 S 7TH W MALTA, MT 59538. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 02/27/22. AMOUNT GIVEN: 100. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 600. FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 18,765. DESCRIPTION: OTHER EXPENSES. AMOUNT: 8,548. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: WINNINGS PAYOUT. AMOUNT: 34,358. DESCRIPTION: SUPPLIES. AMOUNT: 19,006. DESCRIPTION: INSURANCE. AMOUNT: 7,503. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,270. DESCRIPTION: TRAVEL & FUEL. AMOUNT: 820. DESCRIPTION: ADVERTISING. AMOUNT: 2,261. DESCRIPTION: FEES. AMOUNT: 1,720. DESCRIPTION: MEALS. AMOUNT: 896. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 400. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,254. TOTAL TO FORM 990-EZ, LINE 16: 69,488. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: SOFTWARE UPGRADES, NET OF AMORTIZATION. BEG. OF YEAR AMOUNT: 922. END OF YEAR AMOUNT: 4,278. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: FIRST STATE BANK LOAN. BEG. OF YEAR AMOUNT: 26,436. END OF YEAR AMOUNT: 21,512. DESCRIPTION: ROUNDING. BEG. OF YEAR AMOUNT: 5. END OF YEAR AMOUNT: 6. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.