Bong P-38 Fund Incorporated

Organization Overview

Bong P-38 Fund Incorporated is located in Superior, WI. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Bong P-38 Fund Incorporated employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bong P-38 Fund Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bong P-38 Fund Incorporated generated $596.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $532.4k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE RICHARD I. BONG VETERANS HISTORICAL CENTER IS TO PRESERVE AND HONOR THE MEMORY OF MAJOR BONG AND ALL THE VETERANS OF WORLD WAR II AS WELL AS SUBSEQUENT CONFLICTS AND TO PROVIDE EDUCATIONAL RESOURCES FOR THE TWIN PORTS AREA COMMUNITY AND BEYOND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAIN THE BONG CENTER AND ENSURE THE LONG-TERM PRESERVATION OF ITS COLLECTIONS FOR PUBLIC BENEFIT AS OUTLINED IN THE MISSION STATEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Dustin Heckman
Past Exec Di
$63,869
Briana Fiandt
Interim Exec
$7,004
Joe Fischer
Secretary
$0
Terry Lundberg
Chairman
$0
Knute Pedersen
Treasurer
$0
Tim Sauter
Vice Chairma
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$92,400
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$162,895
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$255,295
Total Program Service Revenue$275,253
Investment income $139
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $34,605
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $29,121
Miscellaneous Revenue$0
Total Revenue $596,018

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bong P-38 Fund Incorporated has recieved totaling $34,908.

Awarding OrganizationAmount
Superior-Douglas County Visitor Bureau Inc

Superior, WI

PURPOSE: REMIT HOTELMOTEL TAX PER AGREEMENT

$34,908
View Grant Recipient Profile

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