Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
BREMER COMMUNITY CENTER INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 113
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AURORA, NE68818
A Employer identification number

23-7159879
B Telephone number (see instructions)

(402) 694-2035
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$3,957,441J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 632,563
2 Check right arrow.............
3 Interest on savings and temporary cash investments 18,983 18,983 18,983
4 Dividends and interest from securities... 20,437 20,437 20,437
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29,630
b Gross sales price for all assets on line 6a 29,630
7 Capital gain net income (from Part IV, line 2)... 29,630
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
98,471 22,859 98,471
12 Total. Add lines 1 through 11........ 800,084 91,909 137,891
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 35,794     35,794
15 Pension plans, employee benefits....... 2,738     2,738
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
15,314     15,314
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,524     2,575
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
109,832    
20 Occupancy.............. 21,394     21,394
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
53,737     53,737
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 242,333 0   131,552
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 242,333 0   131,552
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 557,751
b Net investment income (if negative, enter -0-) 91,909
c Adjusted net income (if negative, enter -0-)... 137,891
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 635,219 517,659 517,659
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 631,089 Click to see attachment
List of Attached Documents:
// Content
644,989 		851,158
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow3,451,319
Less: accumulated depreciation (attach schedule) right arrow862,665 1,277,569 Click to see attachment
List of Attached Documents:
// Content
2,588,654 		2,588,624
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,543,877 3,751,302 3,957,441
Liabilities 17 Accounts payable and accrued expenses.......... 1,683 13,857
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   Click to see attachment
List of Attached Documents:
// Content
637,500
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,683 651,357
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,542,194 3,099,945
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,542,194 3,099,945
30 Total liabilities and net assets/fund balances (see instructions). 2,543,877 3,751,302
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,542,194
2
Enter amount from Part I, line 27a .....................
2
557,751
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,099,945
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,099,945
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 29,630
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,278
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,278
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,278
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 760
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 760
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 518
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrow
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.BREMERCENTER.COM
14
The books are in care ofright arrowJENNIE KUEHNER Telephone no.right arrow (402) 694-2035

Located atright arrow855 JENNIFER RDAURORANE ZIP+4right arrow68818
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CURREN VETTER PRESIDENT
000.00 		0 0 0
1101 S M RD
AURORA,NE68818
JENNIE KUEHNER TREASURER
000.00 		0 0 0
855 JENNIFER RD
AURORA,NE68818
BRAD BANGS SECRETARY
000.00 		0 0 0
115 WEXFORD RD
AURORA,NE68818
TREVOR THORELL DIRECTOR
000.00 		0 0 0
1225 M STREET
AURORA,NE68818
GLENN OBERMEIER DIRECTOR
000.00 		0 0 0
319 JENNIFER RD
AURORA,NE68818
JACOB ARENDT DIRECTOR
000.00 		0 0 0
1406 9TH STREET
AURORA,NE68818
KIRK HELGOTH DIRECTOR
000.00 		0 0 0
530 TERRIE ROAD
AURORA,NE68818
STACIE HOLLIDAY DIRECTOR
000.00 		0 0 0
10 ROSEWOOD CIRCLE
AURORA,NE68818
CHELSEA KAUFMAN DIRECTOR
000.00 		0 0 0
102 SANDBAR LANE
PHILLIPS,NE68865
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 PUBLIC FACILITY 131,552
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
849,188
b
Average of monthly cash balances.......................
1b
511,541
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,360,729
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
1,360,729
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
20,411
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,340,318
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
67,016
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
131,552
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
131,552
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 131,552
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus 131,552
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 131,552
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
67,016 41,599 46,276 57,460 212,351
b 85% (0.85) of line 2a ......... 56,964 35,359 39,335 48,841 180,499
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		131,552 95,506 77,725 62,797 367,580
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		131,552 95,506 77,725 62,797 367,580
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		44,677 27,733 30,851 38,307 141,568
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a  
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aPUBLIC FACILITY RENTAL         75,085
bNEBRASKA PTC         527
cFEDERAL INCOME TAX REFUND          
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 18,983  
4 Dividends and interest from securities ....     14 20,437  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 22,859  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 29,630  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   91,909 75,612
13Total. Add line 12, columns (b), (d), and (e)..................
13
167,521
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A RECREATION AND MEETING FACILTY OPEN TO THE PUBLIC 7 DAYS PER WEEK YEAR AROUND.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


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Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
BREMER COMMUNITY CENTER INC
 
Employer identification number

23-7159879
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
BREMER COMMUNITY CENTER INC
  		Employer identification number
23-7159879
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
HAMILTON TELECOMMUNICATIONS
1006 12TH STREET
 
AURORA, NE68818

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
HEARTLAND BANK
PO BOX 69
 
AURORA, NE68818

$ 7,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
HEUERMANN TRUST
PO BOX 228
 
AURORA, NE68818

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
CORNERSTONE BANK
PO BOX 386
 
AURORA, NE68818

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
WORTMAN FAMILY CHARITABLE TRUST
PO BOX 98
 
AURORA, NE68818

$ 360,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
HAMILTON COMMUNITY FOUNDATION
1108 L ST
 
AURORA, NE68818

$ 75,200


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
BREMER COMMUNITY CENTER INC
  		Employer identification number
23-7159879
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
PINNACLE BANK
 
1234 L STREET
 
AURORA, NE68818

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
AURORA LODGE 68
AURORA
 
AURORA, NE68818

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
ROBERT BETHEL KOLAR CHARITABLE TRU
PO BOX 228
 
AURORA, NE68818

$ 30,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
FARR TRUST
PO BOX 329
 
AURORA, NE68818

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
BREMER COMMUNITY CENTER INC
  		Employer identification number

23-7159879
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
BREMER COMMUNITY CENTER INC
  		Employer identification number

23-7159879
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
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TY 2024 DepreciationSchedule
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
PAVING 1984-10-01 5,288 5,288   18.0000        
LOT ADDITION 1997-10-20 2,227 2,227 150DB 15.0000        
BUILDING 1979-09-01 508,674 451,024 S/L 50.0000 10,174      
LANDSCAPING 1979-10-01 225 225 S/L 15.0000        
6 TREES 1980-07-01 53 53 S/L 15.0000        
LEVEL/DIRT WORK DONATED 1982-01-01 2,000 1,980   15.0000        
CUPBOARDS 1980-01-01 794 794 S/L 10.0000        
PLUMBING IMPROVEMENTS 1985-04-17 1,778 1,778   18.0000        
SPRINKLER SYSTEM 1985-06-04 3,168 3,168   19.0000        
LANDSCAPE 1985-09-09 1,765 1,765   19.0000        
FENCE 1985-09-09 3,074 3,074   5.0000        
RACQUET BALL REMODEL 1988-08-01 12,532 12,532 S/L 31.5000        
ROOF 1989-12-31 15,853 15,853 S/L 31.5000        
CARPET 1990-12-05 1,295 1,295 200DB 5.0000        
MASONRY SIGN 1991-07-01 7,757 7,757 S/L 31.5000        
CARPET 1998-05-10 1,002 1,002 200DB 5.0000        
FURANCE RACQUET BALL COURT 1998-12-31 2,031 2,031 200DB 5.0000        
FURNACE 2000-11-01 43,200 25,615 S/L 39.0000 1,108      
2 TABLE CADDIES 1984-05-01 265 265   5.0000        
AMANA RADAR RANGE 1984-06-01 330 330   5.0000        
BULLETIN BOARD 1984-11-01 535 535   5.0000        
PROJECTOR STAND 1985-01-22 132 132   5.0000        
OAK CABINETS 1985-05-15 1,917 1,917   5.0000        
EQUIPMENT 1986-07-01 2,039 2,039   5.0000        
3 EXERCISE BIKES 1988-05-25 600 600 200DB 5.0000        
TABLES 1988-11-10 1,282 1,282 200DB 5.0000        
TREADMILL 1988-09-30 2,075 2,075 200DB 5.0000        
TABLES 1989-03-01 1,000 1,000 200DB 5.0000        
LOCKERS 1989-06-30 1,032 1,032 200DB 5.0000        
OFFICE CHAIR 1990-07-31 189 189 200DB 7.0000        
COMPRESSOR 1991-08-01 6,920 6,920 150DB 5.0000        
MOWER 1994-05-25 4,000 4,000 200DB 5.0000        
BASKETBALL GOAL 1999-03-31 3,254 3,254 200DB 5.0000        
CHAIRS & TABLES 1979-09-01 4,915 4,915 S/L 10.0000        
PIANO MOVER DOLLY 1979-11-01 211 211 S/L 10.0000        
DESK & CHAIRS 1979-10-01 250 250 S/L 10.0000        
30 TABLES 1980-01-01 1,554 1,554 S/L 10.0000        
WEIGHT MACHINE 1980-02-01 2,000 2,000 S/L 5.0000        
GYM MATS 1980-02-01 718 718 S/L 5.0000        
COAT RACKS 1980-03-01 508 508 S/L 10.0000        
FILE CABINET 1980-02-01 119 119 S/L 10.0000        
CARTS FOR TABLES (2) 1981-05-10 197 197   5.0000        
FLAG POLE & RACKS 1982-12-01 500 500   5.0000        
PIANO 1982-12-01 1,150 1,150   5.0000        
SCORE BOARD 1982-12-01 2,500 2,500   5.0000        
TABLES 1984-05-01 1,500 1,500   5.0000        
LAND 1979-01-01 42,505              
ROOF 2001-07-20 27,426 15,793 S/L 39.0000 704      
CARPET 2005-07-21 4,092 4,092 150DB 7.0000        
TABLE & CHAIRS 2005-08-13 2,728 2,728 150DB 7.0000        
EAST ROOM 2005-07-01 5,730 2,712 S/L 39.0000 147      
FURNACE & AIR CONDITIONER 2005-07-11 22,165 10,490 S/L 39.0000 569      
COMPUTER & PRINTER 2006-01-03 1,216 1,216 200DB 5.0000        
STORAGE UNIT 2007-04-30 2,010 861 S/L 39.0000 52      
TABLES 2008-07-11 3,271 3,271 200DB 5.0000        
VACCUMM 2009-01-03 298 298 200DB 7.0000        
FILE CABINET 2009-08-28 197 197 200DB 7.0000        
SNOW BLOWER 2009-12-04 469 469 200DB 7.0000        
GYM FLOOR 2011-09-23 55,445 17,475 S/L 39.0000 1,421      
COMPUTER 2011-04-10 213 213 200DB 5.0000        
TABLE & CHAIRS 2011-11-28 588 588 200DB 7.0000        
3 2-ROW BLEACHERS 2011-12-28 6,361 6,361 200DB 7.0000        
LANDSCAPE RENOVATION 2011-11-08 4,644 1,444 S/L 39.0000 119      
SCORE BOARD 2012-01-19 4,338 4,338 200DB 7.0000        
BALL CART 2012-02-20 289 289 200DB 7.0000        
ACER LAPTOP COMPUTER 2012-05-08 666 666 200DB 5.0000        
5 CYCLING BIKES 2012-11-07 4,561 4,561 200DB 7.0000        
FLOOR CLEANER & ACCESSORIES 2012-12-31 1,002 1,002 200DB 7.0000        
2 CYCLING BIKES & SOUND SYSTEM 2013-04-25 2,999 2,999 200DB 7.0000        
WORTMAN ROOM FLOORING 2014-01-27 8,072 5,450 150DB 15.0000 477      
KEY CARD SYSTEM 2014-09-09 5,203 5,203 200DB 7.0000        
FEASIBILITY STUDY - ALLEY POYNER 2015-11-25 5,020              
FEASIBILITY STUDY - ALLEY POYNER 2016-07-06 7,528              
REGIER LOT 2017-01-12 25,000              
REGIER HOUSE 2017-01-12 151,045 38,219 S/L 27.5000 5,493      
NEW HVAC IN RACQUETBALL 2018-05-29 13,800 5,060 S/L 15.0000 920      
ROOF REPAIR 2018-10-02 31,800 4,485 S/L 39.0000 815      
BUILDING REPAIRS 2019-07-10 22,500 2,596 S/L 39.0000 577      
FRONT CONCRETE 2019-07-23 4,500 1,350 S/L 15.0000 300      
FRONT DOOR AND WINDOW (REPAIR) 2019-12-24 2,480 1,594 S/L 7.0000 355      
ROOF 2021-02-21 40,976 3,021 S/L 39.0000 1,050      
FACILITY REMODEL 2022-12-28 64,538 7,180 S/L 15.0000 4,302      
STAN ALLEN LOT 2022-12-28 75,567 8,407 S/L 15.0000 5,038      
FACILITY REMODEL 2023-11-28 724,760 9,060 S/L 15.0000 48,317      
PAC - LAND 2024-09-05 80,000              
PAC 2024-09-05 896,600   S/L 39.0000 11,495      
PAC - PERONSAL PROPERTY 2024-09-05 25,000   S/L 7.0000 1,786      
PARK PROJECT 2024 2024-11-24 402,626   S/L 15.0000 13,421      
TABLES & CHAIRS (EAKES) 2024-07-09 16,689   S/L 7.0000 1,192      

TY 2024 InvestmentsCorpStockSchedule
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD INVESTMENTS 644,989 851,158

TY 2024 LandEtcSchedule2
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDINGS 2,695,034 746,774 1,948,260 1,948,230
EQUIPMENT 118,572 79,861 38,711 38,711
PARKING LOT 87,582 22,609 64,973 64,973
PARK 402,626 13,421 389,205 389,205
LAND 147,505   147,505 147,505


TY 2024 MortgagesAndNotesPayableSch
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Total Mortgage Amount:  

Item No. 1
Lender's Name CHELLE PENNER
Lender's Title  
Relationship to Insider  
Original Amount of Loan 179,500
Balance Due 127,500
Date of Note 2024-09
Maturity Date 2026-05
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan PURCHASE PAC BUILDING
Description of Lender Consideration  
Consideration FMV  

Item No. 2
Lender's Name KEVIN PENNER
Lender's Title  
Relationship to Insider  
Original Amount of Loan 179,500
Balance Due 127,500
Date of Note 2024-09
Maturity Date 2026-02
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan PURCHASE PAC BUILDING
Description of Lender Consideration  
Consideration FMV  

Item No. 3
Lender's Name KIRK PENNER
Lender's Title  
Relationship to Insider  
Original Amount of Loan 179,500
Balance Due 127,500
Date of Note 2024-09
Maturity Date 2026-02
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan PURCHASE PAC BUILDING
Description of Lender Consideration  
Consideration FMV  

Item No. 4
Lender's Name LEANNA PENNER
Lender's Title  
Relationship to Insider  
Original Amount of Loan 179,500
Balance Due 127,500
Date of Note 2024-09
Maturity Date 2026-02
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan PURCHASE PAC BUILDING
Description of Lender Consideration  
Consideration FMV  

Item No. 5
Lender's Name LEE PENNER
Lender's Title  
Relationship to Insider  
Original Amount of Loan 179,500
Balance Due 127,500
Date of Note 2024-09
Maturity Date 2026-02
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan PURCHASE PAC BUILDING
Description of Lender Consideration  
Consideration FMV  


TY 2024 OtherExpensesSchedule
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
ADVERTISING 38     38
INSURANCE 16,761     16,761
OFFICE EXPENSE 705     705
SUPPLIES 1,546     1,546
GAME EQUIPMENT 2,142     2,142
YOUTH BASKETBALL CLINIC        
REPAIRS & MAINTENANCE 29,969     29,969
MENS BASKETBALL 750     750
BANK CHARGES 447     447
TELEPHONE 1,379     1,379


TY 2024 OtherIncomeSchedule2
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PUBLIC FACILITY RENTAL 75,085   75,085
NEBRASKA PTC 527   527
NET SALE OF VANGUARD FUNDS 22,859 22,859 22,859


TY 2024 OtherProfessionalFeesSchedule
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LAWN CARE 2,114     2,114
PEST CONTROL 811     811
CLEANING 9,307     9,307
SNOW REMOVAL 1,599     1,599
ACCOUNTING 540     540
OTHER (PAYROLL, FIRE SPRINK, ALA 943     943


TY 2024 TaxesSchedule
Name:
BREMER COMMUNITY CENTER INC
EIN:
23-7159879
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROPERTY TAX 2,575     2,575
SEC OF STATE        
FEDERAL INCOME TAX 949