ROMULUS CLUB INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ROMULUS CLUB INC (EIN 16-0703160)
Tax period
2020-01-01 to 2020-12-31
Filed
2022-07-11
IRS object ID
202231929349301453
Schema version
2020v4.0
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)
Return2022-07-11T12:09:51-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161541581PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KEVIN L GIBSON CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 ORCHARD PARK RDAddressLine1Txt
CityWEST SENECACityNm
State AbbreviationNYStateAbbreviationCd
ZIP14224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN160703160EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ROMULUS CLUB INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROMUBusinessNameControlTxt
Phone7162009957PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line128 BOUCK STREETAddressLine1Txt
CityTONAWANDACityNm
State AbbreviationNYStateAbbreviationCd
ZIP14150ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFRANK SPARACINOPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7162009957PhoneNum
Signature2021-11-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstFRANKPersonFirstNm
Person LastSPARACINOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEVIN L GIBSON CPAPreparerPersonNm
PTINP00095662PTIN
Phone7168227740PhoneNum
Preparation2022-07-11PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFRANK SPARACINOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1203 SANDERS ROADAddressLine1Txt
Address Line2203 SANDERS ROADAddressLine2Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14216ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$68,172GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionEDUCATION AND GRANT MAKINGActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$42,133PYInvestmentIncomeAmt
CY Investment Income$11,848CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$42,133PYTotalRevenueAmt
CY Total Revenue$11,848CYTotalRevenueAmt
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$19,284PYOtherExpensesAmt
CY Other Expenses$17,999CYOtherExpensesAmt
PY Total Expenses$19,284PYTotalExpensesAmt
CY Total Expenses$17,999CYTotalExpensesAmt
PY Revenues Less Expenses$22,849PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,151CYRevenuesLessExpensesAmt
Total Assets BOY$204,510TotalAssetsBOYAmt
Total Assets EOY$198,359TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$204,510NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$198,359NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEDUCATION AND GRANT MAKINGMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$17,999ExpenseAmt
DescTHE FOUNDATION MAKES GRANTS FOR EDUCATIONAL AND CHARITABLE COMMUNITY PRUPOSES SUCH AS SUPPORTING PROGRAMS FOR CHILDREN AND RELIGIOUS SUPPORTDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescTHE FOUNDATION MAKES GRANTS FOR EDUCATIONAL AND CHARITABLE COMMUNITY PRUPOSES SUCH AS SUPPORTING PROGRAMS FOR CHILDREN AND RELIGIOUS SUPPORTDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$17,999TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
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 Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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 CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonFRANK SPARACINOPersonNm
Phone7162009957PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1203 SANDERS ROADAddressLine1Txt
Address Line2203 SANDERS ROADAddressLine2Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14216ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN A CHRISTIANO
VICE PRESIDEYes (X)Yes (X)$0$0$0
PETER LOJOCANO
DIRECTORYes (X)Yes (X)$0$0$0
LARRY PIGNATARO
DIRECTORYes (X)$0$0$0
JOSEPH SARDO
DIRECTORYes (X)$0$0$0
FRANK SPARACINO
TREASURERYes (X)Yes (X)$0$0$0
JOE A SPARACINO
PRESIDENTYes (X)Yes (X)$0$0$0
JAMES RICH SR
DIRECTORYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,225TotalRevenueColumnAmt
Exclusion$12,225ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$55,947SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$56,324SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$377SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$377TotalRevenueColumnAmt
Related Or Exempt Func Income-$377RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,848TotalRevenueColumnAmt
Related Or Exempt Func Income-$377RelatedOrExemptFuncIncomeAmt
Exclusion$12,225ExclusionAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,640TotalAmt
Program Services$1,640ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$207TotalAmt
Program Services$207ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$502TotalAmt
Program Services$502ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONTRIBUTIONS$13,550$13,550
SCHOLARSHIPS$2,000$2,000
FEES$100$100

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,999TotalAmt
Program Services$17,999ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$40,000BOYAmt
EOY$22,089EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$164,510BOYAmt
EOY$176,270EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,464LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,464LandBldgEquipAccumDeprecAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$204,510BOYAmt
EOY$198,359EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$204,510BOYAmt
EOY$198,359EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$204,510BOYAmt
EOY$198,359EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$204,510BOYAmt
EOY$198,359EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$6,151ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

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

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,092CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$370CurrentTaxYearMinus3YearsAmt
Total$1,462TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,790CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,210CurrentTaxYearMinus3YearsAmt
Total$4,000TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,882CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,580CurrentTaxYearMinus3YearsAmt
Total$5,462TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,462PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,053CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,402CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$18,054CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,623CurrentTaxYearMinus1YearAmt
Current Tax Year$12,225CurrentTaxYearAmt
Total$69,249TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,053CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,402CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$18,054CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,623CurrentTaxYearMinus1YearAmt
Current Tax Year$12,225CurrentTaxYearAmt
Total$69,249TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,935CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,982CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$18,054CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,623CurrentTaxYearMinus1YearAmt
Current Tax Year$12,225CurrentTaxYearAmt
Total$74,711TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.07310PublicSupportCY509Pct
Public Support PY5090.09010PublicSupportPY509Pct
Investment Income CY0.93000InvestmentIncomeCYPct
Investment Income PY0.91000InvestmentIncomePYPct
Private Foundation509Yes (X)PrivateFoundation509Ind

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,464OtherCostOrOtherBasisAmt
Depreciation$3,464DepreciationAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DTHE FOUNDATION MAKES GRANTS FOR EDUCATIONAL AND CHARITABLE COMMUNITY PRUPOSES SUCH AS SUPPORTING PROGRAMS FOR CHILDREN AND RELIGIOUS SUPPORT
FORM 990, PAGE 6, PART VI, LINE 11BBOARD MEMBERS ARE PRESENTED WITH A COPY OF 990 FOR REVIEW
FORM 990, PAGE 6, PART VI, LINE 12CTHE NATURE OF THE FOUNDATION DOES NOT RESULT IN BUSINESS ACTIVITIES WITH BOARD MEMBERS. HOWEVER,THE BOARD DOES REVIEW ANNUALLY ALL TRANSACTIONS TO VERIFY NO BOARD MEMEBER ACTIVITY HAS OCCURRED.
FORM 990, PAGE 6, PART VI, LINE 15ANO COMPENSATION IS PAID TO OFFICERS OR DIRECTORS
FORM 990, PAGE 6, PART VI, LINE 19UPON WRITTEN REQUEST TO THE TREASURER

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