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5480 Club Incorporated

  • Newport News, VA
  • Tax-exempt since Nov. 1967
  • EIN: 54-0788156

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$169k (2023)

Expenses
$168k (2023)

Total Assets
$1.34M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$169,300
Expenses
$167,800
Net Income
$1,500
Net Assets
$1,335,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $99,000
58.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $65,100
38.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,200
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,335,400
Total Liabilities $0
Net Assets $1,335,400
Compensation
Key Employees and Officers Compensation Related Other
Samuel Cotton (Trustee) $0 $0 $0
William Johnson (Trustee) $0 $0 $0
Steve Taylor (Trustee) $0 $0 $0
Joseph Drozdowski (Trustee) $0 $0 $0
Carroll Kelley (Trustee) $0 $0 $0
James Obrien (Trustee) $0 $0 $0
Bernard Gerlach (Immediate Past President) $0 $0 $0
John Edwards (Council Represntative) $0 $0 $0
Steve Taylor (Assembly Representative) $0 $0 $0
Jesse Powell (Vice President) $0 $0 $0
Kevin Konouck (President) $0 $0 $0
Harold Hairston (Secretary) $0 $0 $0
John Edwards (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,190
Expenses
$114,210
Net Income
-$76,020
Net Assets
$1,313,143
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $38,190
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,313,143
Total Liabilities $0
Net Assets $1,313,143
Compensation
Key Employees and Officers Compensation Related Other
Carroll Kelley (Trustee) $0 $0 $0
James Obrien (Trustee) $0 $0 $0
Samuel Cotton (Trustee) $0 $0 $0
William Johnson (Trustee) $0 $0 $0
Steve Taylor (Trustee) $0 $0 $0
Joseph Drozdowski (Trustee) $0 $0 $0
Alberto Rios (Immediate Past President) $0 $0 $0
Stephen Chipman (Council Represntative) $0 $0 $0
Theodore Mauch (Assembly Representative) $0 $0 $0
Kevin Konouck (Vice President) $0 $0 $0
Bernard Gerlach (President) $0 $0 $0
Harold Hairston (Secretary) $0 $0 $0
John Edwards (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on June 23, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$125,826
Expenses
$62,805
Net Income
$63,021
Net Assets
$1,389,163
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $43,568
34.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $76,650
60.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,608
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,389,163
Total Liabilities $0
Net Assets $1,389,163
Compensation
Key Employees and Officers Compensation Related Other
Carroll Kelley (Trustee) $0 $0 $0
Tyrone Fuller (Trustee) $0 $0 $0
Samuel Cotton (Trustee) $0 $0 $0
Patrick Fox (Trustee) $0 $0 $0
David Kerstetter (Trustee) $0 $0 $0
Stephen Chipman (Council Represntative) $0 $0 $0
Theodore Mauch (Assembly Representative) $0 $0 $0
Joseph Drozdowski (Trustee) $0 $0 $0
Kevin Konouck (Vice President) $0 $0 $0
Alberto Rios (Immediate Past President) $0 $0 $0
Bernard Gerlach (President) $0 $0 $0
Harold Hairston (Secretary) $0 $0 $0
John Edwards (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$170,173
Expenses
$150,662
Net Income
$19,511
Net Assets
$1,313,804
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $45,974
27.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $123,050
72.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,149
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,313,804
Total Liabilities $0
Net Assets $1,313,804
Compensation
Key Employees and Officers Compensation Related Other
Carroll Kelley (Trustee) $0 $0 $0
Tyrone Fuller (Trustee) $0 $0 $0
John Silva (Trustee) $0 $0 $0
Gabe Franco (Trustee) $0 $0 $0
Jeff James (Trustee) $0 $0 $0
Kevin Konouck (Trustee) $0 $0 $0
Rick Schirm (Council Represntative) $0 $0 $0
Tyrone Fuller (Assembly Representative) $0 $0 $0
Alberto Rios (President) $0 $0 $0
Bernard Gerlach (Vice President) $0 $0 $0
Harold Hairston (Secretary) $0 $0 $0
John Edwards (Treasurer) $0 $0 $0
Jon Sargent (Immediate Past President) $0 $0 $0
+ View more people

Document Links

990
Filed on July 21, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$300,698
Expenses
$280,826
Net Income
$19,872
Net Assets
$2,228,717
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $266,700
88.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $33,998
11.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,228,717
Total Liabilities $0
Net Assets $2,228,717
Compensation
Key Employees and Officers Compensation Related Other
Carroll Kelley (Trustee) $0 $0 $0
Tyrone Fuller (Trustee) $0 $0 $0
John Silva (Trustee) $0 $0 $0
Gabe Franco (Trustee) $0 $0 $0
Jeff James (Trustee) $0 $0 $0
Kevin Konouck (Trustee) $0 $0 $0
Rick Schirm (Council Represntative) $0 $0 $0
Tyrone Fuller (Assembly Representative) $0 $0 $0
Alberto Rios (President) $0 $0 $0
Bernard Gerlach (Vice President) $0 $0 $0
Harold Hairston (Secretary) $0 $0 $0
John Edwards (Treasurer) $0 $0 $0
Jon Sargent (Immediate Past President) $0 $0 $0
+ View more people

Document Links

990
Filed on July 21, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$313,026
Expenses
$310,286
Net Income
$2,740
Net Assets
$2,083,500
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $247,410
79.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $65,616
21.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,100,578
Total Liabilities $17,078
Net Assets $2,083,500

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$224,362
Expenses
$0
Net Income
$224,362
Net Assets
$1,934,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $207,600
92.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,762
7.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,934,321
Total Liabilities $0
Net Assets $1,934,321

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$325,253
Expenses
$267,162
Net Income
$58,091
Net Assets
$1,934,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $295,075
90.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,178
9.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,934,321
Total Liabilities $0
Net Assets $1,934,321

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$224,362
Expenses
$201,732
Net Income
$22,630
Net Assets
$1,934,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $207,600
92.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,762
7.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,934,321
Total Liabilities $0
Net Assets $1,934,321

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$234,046
Expenses
$242,562
Net Income
-$8,516
Net Assets
$1,966,089
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $204,160
87.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,886
12.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,966,089
Total Liabilities $0
Net Assets $1,966,089

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,844
Expenses
$203,824
Net Income
-$14,980
Net Assets
$1,921,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $158,935
84.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,909
15.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,921,923
Total Liabilities $0
Net Assets $1,921,923

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$206,993
Expenses
$213,050
Net Income
-$6,057
Net Assets
$1,874,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $170,310
82.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,683
17.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,874,796
Total Liabilities $0
Net Assets $1,874,796

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,273
Expenses
$215,456
Net Income
$23,817
Net Assets
$1,815,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $207,960
86.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,313
13.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,815,448
Total Liabilities $0
Net Assets $1,815,448

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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