Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 391,131 | 355,624 | 301,026 | 195,226 | 293,071 | 1,536,078 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 618,820 | 606,211 | 556,490 | 118,931 | 391,943 | 2,292,395 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 1,009,951 | 961,835 | 857,516 | 314,157 | 685,014 | 3,828,473 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 187,796 | 169,765 | 267,629 | 178,000 | 257,000 | 1,060,190 |
| c | Add lines 7a and 7b.. | 187,796 | 169,765 | 267,629 | 178,000 | 257,000 | 1,060,190 |
| 8 | Public support. (Subtract line 7c from line 6.) | 2,768,283 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 1,009,951 | 961,835 | 857,516 | 314,157 | 685,014 | 3,828,473 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 1,996 | 1,185 | 968 | 66 | 4,215 | |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 1,996 | 1,185 | 968 | 66 | 4,215 | |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 1,615 | 1,615 | ||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 1,013,562 | 963,020 | 858,484 | 314,223 | 685,014 | 3,834,303 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | AS REFERENCED IN OUR BY-LAWS, CORNBELT RUNNING CLUB (CBRC) WELCOMES ANY PERSON INTERESTED IN RUNNING OR WALKING TO BECOME A MEMBER. MEMBERS ARE ADMITTED UPON ACCEPTANCE OF THEIR WRITTEN APPLICATION BY THE DIRECTORS OR PERSONS AUTHORIZED TO ACCEPT MEMBERSHIP APPLICATIONS. SUCH MEMBERS AGREE TO ABIDE BY THE BY-LAWS OF OUR CORPORATION AND BY THE RULES OF OUR BOARD OF DIRECTORS AND TO THE PAYMENT OF APPROPRIATE MEMBERSHIP FEES AND DUES. ANYONE CONVICTED OF A CRIMINAL ACT THAT PLACES MEMBERS OR PARTICIPANTS IN JEOPARDY CANNOT BE A MEMBER OF THE CLUB, PROGRAMS, OR VOLUNTEER. HONORARY MEMBERS AND COMPLIMENTARY MEMBERS ENJOY THE SAME RIGHTS AND RESPONSIBILITIES AS DUES PAYING MEMBERS, ONLY AT THE DISCRETION OF THE BOARD OF DIRECTORS, AND ARE EXEMPT FROM PAYING MEMBERSHIP DUES AND FEES. EACH MEMBER HAS THE RIGHT TO VOTE. CURRENT ANNUAL MEMBERSHIP DUES ARE $20 ADULT, $25 FAMILY, $35 SPONSOR, AND $10 STUDENT (18 YEARS AND YOUNGER). LONGER TERM MEMBERSHIPS ARE AVAILABLE AT REDUCED RATES PER YEAR.MEMBERSHIP BENEFITS INCLUDE, BUT ARE NOT LIMITED TO: 10 ISSUES OF CBRC NEWS NEWSLETTER MAILED DIRECTLY EACH YEAR, DISCOUNTS FOR RACE ENTRY FEES TO CLUB OWNED RACES, DISCOUNTS OFFERED BY LOCAL MERCHANTS, ENTRANCE TO FREE TRACK WORKOUTS, ENTRANCE TO THE ANNUAL CLUB PICNIC, PARTICIPATION IN CHILDRENS RUNNING PROGRAMS/EVENTS, ABILITY TO APPLY FOR MEMBERSHIP IN CORNBELT RACING TEAM, OR CLUB RUNNING MAGAZINE WHICH IS A BENEFIT OF OUR CLUBS MEMBERSHIP IN ROAD RUNNERS CLUB OF AMERICA, AND CONTRIBUTION TO THE WELL BEING OF OUR QUAD CITY COMMUNITY THROUGH EXERCISE AND HEALTH BENEFITS. |
| Member election for additional members Part VI line 7a | AS REFERENCED IN OUR BY-LAWS, CORNBELT RUNNING CLUB CONDUCTS AN ANNUAL MEETING EACH 3RD SUNDAY OF JANUARY TO ELECT DIRECTORS AND CONDUCT CLUB BUSINESS. VOTING IS BY WRITTEN BALLOT BY ALL MEMBERS IN GOOD STANDING. THAT IS-PAID MEMBERS FOR THE CURRENT FISCAL YEAR. ELECTED DIRECTORS SERVE THEIR DECLARED TERMS, FROM 1 TO 3 YEARS. A FULL BOARD OF DIRECTORS CONSISTS OF ELEVEN ELECTED MEMBERS. THE NEWLY SEATED BOARD EACH YEAR MEETS ON THE FIRST MONDAY FOLLOWING THE ANNUAL MEETING AND ELECTS FROM ITS OWN THE OFFICERS.OFFICERS SERVE FOR A ONE YEAR TERM AND INCLUDE PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASUER. LIKEWISE A FINANCE COMMITTEE IS ESTABLISHED TO PROVIDE MONTHLY AND ANNUAL FINANCIAL STATEMENTS TO THE BOARD OF DIRECTORS, PAY BILLS ON A TIMELY BASIS AND FILE TAX RETURNS. BOARD MEMBERS MEET AT LEAST MONTHLY, PRESENTLY ON THE FIRST MONDAY OF EACH MONTH. DIRECTORS AND OFFICERS OF THE BOARD ACT ON BEHALF OF THE MEMBERSHIP TO OPERATE THE CLUB INCLUDING CONTRACTS AND SERVICES. |
| Form 990 governing body review Part VI line 11 | A COPY OF THE FORM 990 WAS NOT PROVIDED TO THE ORGANIZATIONS GOVERNING BODY BEFORE IT WAS SIGNED AND FILED BY THE VICE PRESIDENT. THERE IS HOWEVER, A FORMAL REVIEW OF THE COMPILATION REPORT WHERE BOARD MEMBERS ARE PRESENT. FINANCIAL INFORMATION USED IN THE PREPARATION OF THE FORM 990 COMES DIRECTLY FROM THE FINAL COMPILATION REPORT. |
| Conflict of interest policy compliance Part VI line 12c | AS REFERENCED IN OUR BY-LAWS, CORNBELT RUNNING CLUBS CONFLICT OF INTEREST POLICY REQUIRES CONSIDERATION BY THE BOARD OF DIRECTORS ANY TRANSACTION THAT MAY PRIVATELY BENEFIT AN OFFICER OR DIRECTOR OF THE CLUB AND THAT SUCH OFFICERS AND DIRECTORS DISCLOSE THIS TO THE BOARD. TRANSACTIONS CONSIDERED MAY INCLUDE BUSINESS, FINANCIAL, INVESTMENT, OR FAMILY INTERESTS. RECEIPT OF NONMONETARY TOKENS (SUCH AS RACE T-SHIRTS, AND THE LIKE) OF APPRECIATION ARE GENERALLY ACCEPTABLE, THOUGH ARE SUBJECT TO BOARD APPROVAL.MEMBERS OF THE BOARD OF DIRECTORS ARE INFORMED OF OUR CONFLICT OF INTEREST POLICY ANNUALLY AT A REGULAR MONTHLY BOARD MEETING, WHEN THE NEW BOARD IS SEATED, AFTER THE JANUARY ELECTIONS. A COPY OF OUR POLICY, AS PART OF OUR BY-LAWS, IS AVAILABLE IN OUR CLUB OFFICE FOR REVIEW. |
| Governing documents etc available to public Part VI line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| List of other expenses Part IX line 24e | ALL OTHER EXPENSES ARE PROGRAM SERVICE EXPENSES:COLLECTED SALES TAX PAID 26,436PRINTING AND PUBLICATION 10,595T-SHIRTS 46,054POSTAGE AND SHIPPING 452SECURITY 813UTILITIES 1,601TELEPHONE AND INTERNET 1,659PICNIC COSTS 437TRAILER EXPENSE 2,489BANK FEES 646TOTAL MISC PROGRAM EXPENSES: 91,182 |
| Part IX response or note to any line in Part IX | LINE 1 CONTRIBUTION TO DOMESTIC NON-PROFIT ORGANIZTIONS:GENESIS FOUNDATION $10,000ST AMBROSE UNIVERSITY $5,000 |
| Part XI response or note to any line in Part XI | THE FINANCE COMMITTEE ASSUMES RESPONSIBILTIY FOR THE OVERSIGHT AND APPROVAL OF THE COMPILATION OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| General explanation attachment | PART I SUMMARY LINE 6THROUGH THE DEDICATION OF OUR ARMY OF THOUSANDS OF VOLUNTEERS, CORNBELT RUNNING CLUB PRODUCES EVENTS AND ASSISTS OTHER LOCAL ASSOCIATIONS YEAR ROUND IN THE QUAD CITY REGION. OUR MISSION IS TO PROMOTE GOOD HEALTH AND FITNESS THROUGH THE SPORT OF RUNNING AND WALKING. WE ACHIEVE THIS MISSION THROUGH OUR LARGE VOLUNTEER FORCE BY PRODUCING CLUB OWNED RACES, MENTORING OTHER RACES AND CHARITIES IN THEIR EVENT PRODUCTION, OFFERING RACE EQUIPMENT, SCORING SERVICES, AND SUPPLIES, COACHING TRACK PROGRAMS FOR YOUTH IN COOPERATION WITH DAVENPORT PARKS AND RECREATION AND FOR ADULTS IN COOPERATION WITH AUGUSTANA COLLEGE. OUR CLUB NEWSLETTER IS DISTRIBUTED THROUGH TEN ANNUAL ISSUES AND INCLUDES INFORMATIVE ARTICLES FOR IMPROVING HEALTH AND ATHLETIC PERFORMANCE, OFTEN WITH THE ASSISTANCE OF LOCAL EXPERTS AND PROFESSIONALS AND THEIR SUBMITTED ARTICLES. LIKEWISE, OUR FREE WINTER MEETING SERIES SERVES TO EDUCATE OUR LOCAL RUNNERS WITH EDUCATIONAL PROGRAMS THAT OFTEN INCLUDE TRAINING, NUTRITION, SPORTS MEDICINE, AND ATHLETIC EVENT PRESENTATIONS BY EXPERT VOLUNTEER SPEAKERS. RACE PROCEEDS FUND A COLLEGE SCHOLARSHIP PROGRAM WHICH IS ADMINISTERED BY A VOLUNTEER COMMITTEE OF LOCAL COACHES, CLUB BOARD MEMBERS, AND BUSINESSMEN. BEGINNING WOMEN RUNNERS ARE COACHED AND ENCOURAGED BY A CREW OF VOLUNTEER INSTRUCTORS AND GUEST SPEAKERS IN A COMFORTABLE, STRESS FREE, SPRING PROGRAM. EACH YEAR A GROUP OF 40 CLUB MEMBERS ASSIST THE FESTIVAL OF TREES BALLOON PARADE WITH CROWD CONTROL AS PART OF OUR COMMITMENT TO COMMUNITY SERVICE. THE LIST DOES GO ON BUT CAN BE SUMMARIZED BY THE FACT THAT OUR CAST OF VOLUNTEERS, FROM OURBOARD OF DIRECTORS ON DOWN THROUGH OUR APPROXIMATELY 1,200 CLUB MEMBERS ENABLE OUR ORGANIZATION TO BE THE DRIVING FORCE IN IMPROVING THE HEALTH AND LIVES OF MANY THOUSANDS OF PEOPLE IN OUR REGION. |
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| Software Version: |