RIVERBEND STADIUM AUTHORITY INC

RIVERBEND STADIUM AUTHORITY INC

Beloit, WI, US
501(c)3
EIN
84-3281289

RIVERBEND STADIUM AUTHORITY INC

Beloit, WI, US
501(c)3
EIN
84-3281289

Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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RIVERBEND STADIUM AUTHORITY INC is a nonprofit organization dedicated to international development and recreational centers, with a mission to support charitable and educational activities aimed at alleviating government burdens and fostering economic development in underprivileged areas. Operating with a budget of $1.3 million and generating total revenue of $708.4K for the 2024 filing year, the organization focuses on promoting cultural and educational programs while managing a multi-purpose facility for community events, including minor league baseball. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

SEE SCHEDULE O, PART I, LINE 1TO UNDERTAKE CHARITABLE AND EDUCATIONAL ACTIVITIES AND IN PARTICULAR TO LESSEN THE BURDENS OF GOVERNMENT, PROMOTE ECONOMIC DEVELOPMENT IN DEPRESSED OR DECLINING AREAS, AVOID URBAN BLIGHT AND PROMOTE EDUCATIONAL AND CULTURAL PROGRAMS WITHIN SUCH AREAS WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW) AND SUBJECT TO AND WITHIN THE LIMITS OF SUCH PURPOSES, TO OWN AND OPERATE A MULTI-PURPOSE FACILITY THAT WILL BE AVAILABLE TO BE USED FOR, AMONG OTHER ACTIVITIES, MINOR LEAGUE BASEBALL AND COMMUNITY AND YOUTH ATHLETIC, EDUCATIONAL AND CULTURAL EVENTS.
Revenues

$708.4K

Expenses

$1.3M

Net Income:
-$563.6K
Assets

$38.9M

Liabilities

$6.8M

Net Assets:
+$32.1M
Operating Budget

$1.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$1.5M
Largest grant received
$1.5M
T
Timothy McKevett
Board Member
J
John Gackstetter
Board Member
J
James Packard
Board Member

Frequently Asked Questions

What is RIVERBEND STADIUM AUTHORITY INC’s budget?
In 2024, RIVERBEND STADIUM AUTHORITY INC reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does RIVERBEND STADIUM AUTHORITY INC support?
RIVERBEND STADIUM AUTHORITY INC supports work in International development and Rec centers.
Where does RIVERBEND STADIUM AUTHORITY INC operate?
RIVERBEND STADIUM AUTHORITY INC is headquartered in Beloit, WI.
Who funded RIVERBEND STADIUM AUTHORITY INC recently?
In 2024, RIVERBEND STADIUM AUTHORITY INC received grants from DONOR ADVISED CHARITABLE GIVING INC, DONOR ADVISED CHARITABLE GIVING INC, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant RIVERBEND STADIUM AUTHORITY INC received in 2024?
The largest grant to RIVERBEND STADIUM AUTHORITY INC in 2024 exceeds $1.5 million.
Overview
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