-
TIN:
Form
990-T
List of Attached Documents:
// Content
Department of the Treasury
Internal Revenue Service
Exempt Organization Business Income Tax Return
(and proxy tax under section 6033(e))
For calendar year 2025, or tax year beginning
01
-
01
, 2025, and ending,
12
-
31
, 20
25
Go to
www.IRS.gov/Form990T
www.irs.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
25
Open to Public Inspection for 501(c)(3) Organizations Only
A
Check box if address changed.
B
Exempt under section
501(
c3
)
408(e)
220(e)
408A
530(a)
529(a)
529A
Name of organization (
Check box if name changed and see instructions.)
COMMUNITY DREAMS INCORPORATED
Number and street. If a P.O. box, see instructions.
101 E UNION ST
Room or suite no.
City or town
EDGEWOOD
State or province
IA
Country
ZIP or foreign postal code
52042
C
Book value of all assets at end of year
.....
493,229
D
Employer identification number
04-3793918
E
Group exemption number
(see instructions)
F
Check box if an amended return.
G
Check organization type
501(c) corporation
501(c) trust
401(a) trust
Other trust
State college/university
6417(d)(1)(A) Applicable entity
H
Check if filing only to claim
Credit from Form 8941
Refund shown on Form 2439
Elective payment amount from Form 3800
I
Check if a 501(c)(3) organization filing a consolidated return with a 501(c)(2) titleholding corporation
.........
J
Enter the number of attached Schedules A (Form 990-T)
List of Attached Documents:
// Content
...............
2
K
During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group?
...
Yes
No
If "Yes," enter the name and identifying number of the parent corporation
L
The books are in care of
LUKE BRADY
101 E UNION STREET
EDGEWOOD
,
IA
52042
Telephone number
(563) 928-6425
Part I
Total Unrelated Business Taxable Income
1
Total of unrelated business taxable income computed from all unrelated trades or businesses (see instructions)
..............................
1
3,057
2
Reserved
..............................
2
3
Add lines 1 and 2
............................
3
3,057
4
Charitable contributions (see instructions for limitation rules)
..............
4
5
Total unrelated business taxable income before net operating losses. Subtract line 4 from line 3
....
5
3,057
6
Deduction for net operating loss. See instructions
List of Attached Documents:
// Content
.................
6
3,057
7
Total of unrelated business taxable income before specific deduction and section 199A deduction.
Subtract line 6 from line 5
.........................
7
0
8
Specific deduction (generally $1,000, but see instructions for exceptions)
..........
8
1,000
9
Trusts.
Section 199A deduction. See instructions
.................
9
10
Total deductions.
Add lines 8 and 9
......................
10
1,000
11
Unrelated business taxable income.
Subtract line 10 from line 7. If line 10 is greater than line 7, enter zero
................................
11
0
Part II
Tax Computation
1
Organizations taxable as corporations.
Multiply Part I, line 11 by 21% (0.21)
.......
1
0
2
Trusts taxable at trust rates.
See instructions for tax computation. Income tax on the amount on
Part I, line 11 from:
Tax rate schedule or
Schedule D (Form 1041)
........
2
0
3
Proxy tax.
See instructions
.......................
3
4a
Amount from Form 4255, Part I, line 3, column (q)
..................
4a
4b
Other tax amounts. See instructions
....................
4b
5
Alternative minimum tax
.........................
5
6
Tax on noncompliant facility income.
See instructions
................
6
7
Total.
Add lines 3 through 6 to line 1 or 2, whichever applies
...............
7
0
Part III
Tax and Payments
1a
Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116)
1a
b
Other credits (see instructions)
..............
1b
c
General business credit. Attach Form 3800 (see instructions)
.....
1c
d
Credit for prior year minimum tax (attach Form 8801 or 8827)
....
1d
e
Total credits.
Add lines 1a through 1d
.....................
1e
2
Subtract line 1e from Part II, line 7
.......................
2
0
3a
Amount from Form 4255, Part I, line 3, column (r) (see instructions)
..
3a
b
Amount due from Form 8611
...............
3b
c
Amount due from Form 8697
...............
3c
d
Amount due from Form 8866
...............
3d
e
Other amounts due (see instructions)
............
3e
f
Total amounts due. Add lines 3a through 3e
................
3f
4
Total tax.
Add lines 2 and 3f (see instructions).
Check if includes tax previously deferred under
section 1294. Enter the tax amount here
4
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11291J
Form
990-T
(2025)
Form 990-T (2025)
Page
2
Part III
Tax and Payments
(continued)
5a
Current net 965 tax liability paid from Form 965-A, Part II, column (k)
...........
5a
b
First installment of section 1062 applicable net tax liability. Enter amount from Form 1062, line 15
...
5b
6a
Payments: Preceding year's overpayment credited to the current year
..
6a
b
Current Year's estimated tax payments. Check if section 643(g) election applies
6b
c
Tax deposited with Form 8868
..............
6c
d
Foreign organizations: Tax paid or withheld at source (see instructions)
.
6d
e
Backup withholding (see instructions)
............
6e
f
Credit for small employer health insurance premiums (attach Form 8941)
.
6f
g
Elective payment election amount from Form 3800
........
6g
h
Payment from Form 2439
................
6h
i
Credit from Form 4136
.................
6i
List of Attached Documents:
// Content
410
j
Other (see instructions)
................
6j
k
Section 1062 applicable net tax liability. Enter amount from Form 1062,
line 14
......................
6k
7
Total payments and section 1062 applicable net tax liability.
Add lines 6a through 6k
.....
7
410
8
Estimated tax penalty (see instructions). Check if Form 2220 is attached
........
8
9
Tax due.
If line 7 is smaller than the total of lines 4, 5a, 5b, and 8, enter amount owed
.......
9
10
Overpayment.
If line 7 is larger than the total of lines 4, 5a, 5b, and 8, enter amount overpaid
....
10
410
11
Enter the amount of line 10 you want:
Credited to 2026 estimated tax
Refunded
11
410
For Refunded amount, also complete and attach Form 8050. See instructions.
Part IV
Statements Regarding Certain Activities and Other Information
(see instructions)
1
At any time during the 2025 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? If "Yes," the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If "Yes," enter the name of the foreign country here
Yes
No
No
2
During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust?
No
If "Yes," see instructions for other forms the organization may have to file.
3
Enter the amount of tax-exempt interest received or accrued during the tax year
.....
$
4
Enter available pre-2018 NOL carryovers here. $
-15,245
. Do not include any post-2017 NOL carryover shown on Schedule A (Form 990-T). Don't reduce the NOL carryover shown here by any deduction reported on Part I, line 4.
5
Post-2017 NOL carryovers. Enter the Business Activity Code and available post-2017 NOL carryovers. Don't reduce the amounts shown below by any NOL claimed on any Schedule A, Part II, line 17 for the tax year. See instructions.
Business activity code
Available post-2017 NOL carryover
722513
$
133,300
$
$
$
6a
Reserved for future use
.................................
b
Reserved for future use
.................................
Part V
Supplemental Information
Provide any additional information. See instructions.
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.
Signature of officer
Date
Title
May the IRS discuss this return with the preparer shown below (see instructions)?
Yes
No
Paid Preparer Use Only
Enter preparer's name
Preparer's signature
Date
Check
if
self-employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-T
(2025)
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.IRS.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
25
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
COMMUNITY DREAMS INCORPORATED
B
Employer identification number
04-3793918
C
Unrelated business activity code (see instructions)
722513
D
Sequence:
1
of
2
E
Describe the unrelated trade or business
RESTAURANT/RECEPTION HALL
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
305,088
b
Less returns and allowances
c
Balance
1c
305,088
2
Cost of goods sold (Part III, line 8)
.........
2
143,330
3
Gross profit. Subtract line 2 from line 1c
.......
3
161,758
161,758
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
6
Rent income (Part IV)
.............
6
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
161,758
0
161,758
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
131,883
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
13,923
7
Depreciation (attach Form 4562) (see instructions)
.........
7
5,563
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
5,563
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
20,516
15
Total deductions.
Add lines 1 through 14
.....................
15
171,885
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
-10,127
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
-10,127
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2025
Schedule A (Form 990-T) 2025
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
143,330
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
........................
5
6
Total.
Add lines 1 through 5
..........................
6
143,330
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
143,330
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2025
Schedule A (Form 990-T) 2025
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2025
Schedule A (Form 990-T) 2025
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
B
C
D
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
3
Direct advertising costs by periodical
..
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a columns total or zero here and on Part II, line 13
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2025
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE A
(Form 990-T)
Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business
Go to
www.IRS.gov/Form990T
for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
20
25
Open to Public Inspection for 501(c)(3) Organizations Only
A
Name of the organization
COMMUNITY DREAMS INCORPORATED
B
Employer identification number
04-3793918
C
Unrelated business activity code (see instructions)
722513
D
Sequence:
1
of
2
E
Describe the unrelated trade or business
RESTAURANT/RECEPTION HALL
Part I
Unrelated Trade or Business Income
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales
305,088
b
Less returns and allowances
c
Balance
1c
305,088
2
Cost of goods sold (Part III, line 8)
.........
2
143,330
3
Gross profit. Subtract line 2 from line 1c
.......
3
161,758
161,758
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions)
............
4a
b
Net gain (loss) (Form 4797) (attach Form 4797)
(see instructions)
4b
c
Capital loss deduction for trusts
4c
5
Income (loss) from a partnership or an S corporation (attach statement)
................
5
6
Rent income (Part IV)
.............
6
7
Unrelated debt-financed income (Part V)
.......
7
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI)
.............
8
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII)
............
9
10
Exploited exempt activity income (Part VIII)
......
10
11
Advertising income (Part IX)
...........
11
12
Other income (see instructions; attach statement)
....
12
13
Total.
Combine lines 3 through 12
.........
13
161,758
0
161,758
Part II
Deductions Not Taken Elsewhere
(See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X)
.................
1
2
Salaries and wages
............................
2
131,883
3
Repairs and maintenance
..........................
3
4
Bad debts
...............................
4
5
Interest (attach statement) (see instructions)
...................
5
6
Taxes and licenses
.............................
6
13,923
7
Depreciation (attach Form 4562) (see instructions)
.........
7
5,563
8
Less depreciation claimed in Part III and elsewhere on return
.....
8a
8b
5,563
9
Depletion
...............................
9
10
Contributions to deferred compensation plans
.....................
10
11
Employee benefit programs
..........................
11
12
Excess exempt expenses (Part VIII)
.......................
12
13
Excess readership costs (Part IX)
........................
13
14
Other deductions (attach statement)
List of Attached Documents:
// Content
......................
14
20,516
15
Total deductions.
Add lines 1 through 14
.....................
15
171,885
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
-10,127
17
Deduction for net operating loss (see instructions)
..................
17
18
Unrelated business taxable income.
Subtract line 17 from line 16
.............
18
-10,127
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 74036O
Schedule A (Form 990-T) 2025
Schedule A (Form 990-T) 2025
Page
2
Part III
Cost of Goods Sold
Enter method of inventory valuation
1
Inventory at beginning of year
........................
1
2
Purchases
...............................
2
143,330
3
Cost of labor
..............................
3
4
Additional section 263A costs (attach statement)
..................
4
5
Other costs (attach statement)
........................
5
6
Total.
Add lines 1 through 5
..........................
6
143,330
7
Inventory at end of year
...........................
7
8
Cost of goods sold.
Subtract line 7 from line 6. Enter here and in Part I, line 2
..........
8
143,330
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
Yes
No
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Rent received or accrued
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%)
......
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income)
..........
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D
.
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A)
.
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement)
.
5
Total deductions.
Add line 4 columns A through D. Enter here and on Part I, line 6, column (B)
.....
Part V
Unrelated Debt-Financed Income
(see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
B
C
D
A
B
C
D
2
Gross income from or allocable to debt-financed property
........
3
Deductions directly connected with or allocable to debt-financed property
a
Straight line depreciation (attach statement)
b
Other deductions (attach statement)
...
c
Total deductions (add lines 3a and 3b, columns A through D)
..........
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement)
...........
5
Average adjusted basis of or allocable to debt-financed property (attach statement)
...
6
Divide line 4 by line 5
.......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
8
Total gross income
(add line 7, columns A through D). Enter here and on Part I, line 7, column (A)
....
9
Allocable deductions. Multiply line 3c by line 6
10
Total allocable deductions.
Add line 9, columns A through D. Enter here and on Part I, line 7, column (B)
..
11
Total dividends-received deductions
included in line 10
.................
Schedule A (Form 990-T) 2025
Schedule A (Form 990-T) 2025
Page
3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations
(see instructions)
1.
Name of controlled organization
2.
Employer identification number
Exempt Controlled Organizations
3.
Net unrelated income (loss)
(see instructions)
4.
Total of specified payments made
5.
Part of column 4 that is included
in the controlling organization's
gross income
6.
Deductions directly connected with income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7.
Taxable income
8.
Net unrelated
income (loss)
(see instructions)
9.
Total of specified payments made
10.
Part of column 9
that is included in the
controlling organization's
gross income
11.
Deductions directly connected with
income in column 10
(1)
(2)
(3)
(4)
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals
.........................
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
1.
Description of income
2.
Amount of income
3.
Deductions directly connected
(attach statement)
4.
Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)
(2)
(3)
(4)
Totals
.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income
(see instructions)
1
Description of exploited activity:
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A)
...
2
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B)
...............................
3
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7
.............................
4
5
Gross income from activity that is not unrelated business income
..............
5
6
Expenses attributable to income entered on line 5
...................
6
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12
..........................
7
Schedule A (Form 990-T) 2025
Schedule A (Form 990-T) 2025
Page
4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
B
C
D
Enter amounts for each periodical listed above in the corresponding column.
A
B
C
D
2
Gross advertising income
......
a
Add columns A through D. Enter here and on Part I, line 11, column (A)
.............
3
Direct advertising costs by periodical
..
a
Add columns A through D. Enter here and on Part I, line 11, column (B)
.............
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8
............
5
Readership costs
........
6
Circulation income
........
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero
.....
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7
.
a
Add line 8, columns A through D. Enter the greater of the line 8a columns total or zero here and on Part II, line 13
Part X
Compensation of Officers, Directors, and Trustees
(see instructions)
1.
Name
2.
Title
3.
Percentage
of time devoted
to business
4.
Compensation
attributable to
unrelated business
(1)
(2)
(3)
(4)
Total.
Enter here and on Part II, line 1
.........................
Part XI
Supplemental Information
(see instructions)
Schedule A (Form 990-T) 2025
Additional Data
Software ID:
Software Version:
-
TIN:
Form
4136
List of Attached Documents:
// Content
Department of the Treasury
Internal Revenue Service (99)
Credit for Federal Tax Paid on Fuels
Go to
www.irs.gov/Form4136
for instructions and the latest information.
OMB No. 1545-0162
20
25
Attachment
Sequence No.
79
Name (as shown on your income tax return)
COMMUNITY DREAMS INCORPORATED
Taxpayer identification number
04-3793918
Caution:
You must have owned or operated a business and conducted a qualifying business activity with qualifying use of qualifying fuels, and meet other requirements to have qualified gallons that are eligible for the credit for federal tax paid on fuels (fuel tax credit) (see instructions).
The person(s) signing the return with which this form is filed are declaring, under penalty of perjury, that the return and accompanying schedules, statements, and any other attachments are true, correct, and complete to the best of the signer’s knowledge and belief. That declaration includes all amounts reported and all credits claimed on this form. It also includes certifying that all the statements for certain lines below are true as well.
You have the name and address of the person who sold the fuel to you and the dates of purchase. For claims on lines 1c and 2b (type of use 13 or 14), 3d, 4c, and 5, you haven’t waived the right to make the claim. For claims on lines 1c and 2b (type of use 13 or 14), a certificate hasn’t been provided to the credit card issuer. For type of use 2, the equipment or vehicle used wasn’t a highway vehicle, which generally means that it wasn’t registered or required to be registered for use on public highways.
Part I
Information about your business
(A)
Do you have a qualifying business or business activity with qualifying usage of qualifying fuels eligible for the fuel tax credit?
Yes
No
If "No", you aren't eligible for this credit;
don't
file this Form.
(B)
If "Yes," how many different business activities do you have that qualify for this credit?
1
If you have more than one qualifying business activity, complete and file a separate Schedule A (Form 4136) for each business activity, enter the totals from all Schedules A (Form 4136) on Form 4136, and enter information about the business activity generating the most credit below.
(C)
Business name (if applicable)
(D)
EIN (if applicable)
043793918
(E)
Principal Business Activity Code
713910
(F)
Enter the information for the equipment for which most of the fuel was used for this business. See instructions.
(i)
Make
(ii)
Model
(iii)
Type of equipment
Part II
Credits
1
Nontaxable Use of Gasoline
Note.
CRN is credit reference number.
(a)
Type
of use
(b)
Rate
(c)
Qualified Gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Off-highway business use
2
$ .183
1025
$
3,300
$
188
362
b
Use on a farm for farming purposes
1
.183
c
Other nontaxable use (see
Caution
above line 1)
.183
d
Exported
3
.184
411
2
Nontaxable Use of Aviation Gasoline
a
Use in commercial aviation (other than foreign trade)
$ .15
$
$
354
b
Other nontaxable use (see
Caution
above line 1)
.193
324
c
Exported
3
.194
412
d
LUST tax on aviation fuels used in foreign trade
9
.001
433
3
Nontaxable Use of Undyed Diesel Fuel
You certify the following.
The diesel fuel did not contain visible evidence of dye.
Exception.
If any of the diesel fuel included in this claim
did
contain visible evidence of dye, attach an explanation and check here
(a)
Type
of use
(b)
Rate
(c)
Qualified Gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Nontaxable use
$ .243
b
Use on a farm for farming purposes
1
.243
$
$
360
c
Use in trains
.243
353
d
Use in certain intercity and local buses (see
Caution
above line 1)
.17
350
e
Exported
3
.244
413
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 12625R
Form
4136
(2025) Created 4/16/25
Form 4136 (2025)
Page
2
Part II
Credits (continued)
4
Nontaxable Use of Undyed Kerosene (Other Than Kerosene Used in Aviation)
You certify the following.
The kerosene did not contain visible evidence of dye.
Exception.
If any of the kerosene included in this claim
did
contain visible evidence of dye, attach an explanation and check here
.
(a)
Type
of use
(b)
Rate
(c)
Qualified Gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Nontaxable use taxed at $.244
$ .243
b
Use on a farm for farming purposes
1
.243
$
$
346
c
Use in certain intercity and local buses (see
Caution
above line 1)
.17
347
d
Exported
3
.244
414
e
Nontaxable use taxed at $.044
.043
377
f
Nontaxable use taxed at $.219
.218
369
5
Kerosene Used in Aviation
(a)
Type of use
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Kerosene used in commercial aviation (other than foreign trade) taxed at $.244
$ .200
$
$
417
b
Kerosene used in commercial aviation (other than foreign trade) taxed at $.219
.175
355
c
Nontaxable use (other than use by state or local government) taxed at $.244
.243
346
d
Nontaxable use (other than use by state or local government) taxed at $.219
.218
369
e
LUST tax on aviation fuels used in foreign trade
9
.001
433
6
Sales by Registered Ultimate Vendors of Undyed Diesel Fuel
Registration No.
If you don't have the registration number, STOP; you're not eligible to make Form 4136 claims
if you haven't yet filed Form 637 and received your registration number and placed it on this line.
You certify the following.
You sold the diesel fuel at a tax-excluded price, repaid the amount of tax to the buyer, or have obtained the written consent of the buyer to make the claim, and that the diesel fuel didn't contain visible evidence of dye.
Exception.
If any of the diesel fuel included in this claim
did
contain visible evidence of dye, attach an explanation and check here
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Use by a state or local government
$ .243
$
$
360
b
Use in certain intercity and local buses
.17
350
7
Sales by Registered Ultimate Vendors of Undyed Kerosene (Other
Than Kerosene For Use in Aviation)
Registration No.
If you don't have the registration number, STOP; you're not eligible to make Form 4136 claims
if you haven't yet filed Form 637 and received your registration number and placed it on this line.
You certify the following.
You sold the kerosene at a tax-excluded price, repaid the amount of tax to the buyer, or have obtained the written consent of the buyer to make the claim, and that the kerosene didn't contain visible evidence of dye.
Exception.
If any of the kerosene included in this claim
did
contain visible evidence of dye, attach an explanation and check here
.
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Use by a state or local government
$ .243
$
$
346
b
Sales from a blocked pump
.243
c
Use in certain intercity and local buses
.17
347
Form
4136
(2025)
Form 4136 (2025)
Page
3
Part II
Credits (continued)
8
Sales by Registered Ultimate Vendors of Kerosene For Use in Aviation
Registration No.
If you don't have the registration number, STOP; you're not eligible to make Form 4136 claims
if you haven't yet filed Form 637 and received your registration number and placed it on this line.
You certify the following.
You sold the kerosene for use in aviation at a tax-excluded price and you haven't collected the amount of tax from the buyer, repaid the amount of tax to the buyer, or you've obtained the written consent of the buyer to make the claim. See the instructions for additional information to be submitted.
(a)
Type of use
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Use in commercial aviation (other than foreign trade) taxed at $.219
$ .175
$
$
355
b
Use in commercial aviation (other than foreign trade) taxed at $.244
.200
417
c
Nonexempt use in noncommercial aviation
.025
418
d
Other nontaxable uses taxed at $.244
.243
346
e
Other nontaxable uses taxed at $.219
.218
369
f
LUST tax on aviation fuels used in foreign trade
9
.001
433
9
Reserved for future use
10
Reserved for future use
(b)
Rate
(c) Number of gallons sold or used
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Reserved for future use
$
$
b
Reserved for future use
c
Reserved for future use
d
Reserved for future use
11
Nontaxable Use of Alternative Fuel
Caution.
There is a reduced credit rate for use in certain intercity and local buses (type of use 5). See instructions.
(a)
Type of use
(b)
Rate
(c) Gallons, or gasoline or diesel gallon equivalents
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Liquefied petroleum gas (LPG) (see instructions)
.183
419
b
"P Series" fuels
.183
420
c
Compressed natural gas (CNG) (see instructions)
.183
421
d
Liquefied hydrogen
.183
422
e
Fischer–Tropsch process liquid fuel from coal (including peat)
.243
423
f
Liquid fuel derived from biomass
.243
424
g
Liquefied natural gas (LNG) (see instructions)
.243
425
h
Liquefied gas derived from biomass
.183
435
Form
4136
(2025)
Form 4136 (2025)
Page
4
Part II
Credits (continued)
12
Reserved for future use
(b)
Rate
(c) Gallons, or gasoline or diesel gallon equivalents
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Reserved for future use
$
$
b
Reserved for future use
c
Reserved for future use
d
Reserved for future use
e
Reserved for future use
f
Reserved for future use
g
Reserved for future use
h
Reserved for future use
i
Reserved for future use
13
Registered Credit Card Issuers
Registration No.
If you don't have the registration number, STOP; you're not eligible to make Form 4136 claims
if you haven't yet filed Form 637 and received your registration number and placed it on this line.
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Diesel fuel sold for the exclusive use of a state or local government
$ .243
$
$
360
b
Kerosene sold for the exclusive use of a state or local government
.243
346
c
Kerosene for use in aviation sold for the exclusive use of a state or local government taxed at $.219
.218
369
14
Nontaxable Use of a Diesel-Water Fuel Emulsion
Caution.
There is a reduced credit rate for use in certain intercity and local buses (type of use 5). See instructions.
(a)
Type of use
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Nontaxable use
.197
309
b
Exported
3
.198
306
15
Diesel-Water Fuel Emulsion Blending
Registration No.
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Blender credit
$ .046
$
$
310
16
Exported Dyed Fuels and Exported Gasoline Blendstocks
(b)
Rate
(c)
Qualified gallons
(d)
Actual fuel cost from your records
(e)
Amount of credit
(f)
CRN
a
Exported dyed diesel fuel and exported gasoline blendstocks taxed at $.001
$ .001
$
$
415
b
Exported dyed kerosene
.001
416
17
Total income tax credit claimed.
Add lines 1 through 16, column (e). Enter here and on Schedule 3 (Form 1040), line 12; Form 1120, Schedule J, line 20b; Form 1120-S, line 24c; Form 1041, Schedule G, line 17; or the proper line of other returns
.................
17
$
410
Form
4136
(2025)
Additional Data
Software ID:
Software Version:
-
TIN:
Form
4562
Department of the Treasury
Internal Revenue Service
Depreciation and Amortization
(Including Information on Listed Property)
Attach to your tax return.
Go to
www.irs.gov/Form4562
for instructions and the latest information.
OMB No. 1545-0172
20
25
Attachment
Sequence No.
179
Name(s) shown on return
COMMUNITY DREAMS INCORPORATED
Business or activity to which this form relates
RESTAURANT/RECEPTION HALL
Identifying number
04-3793918
Part I
Election To Expense Certain Property Under Section 179
Note:
If you have any listed property, complete Part V before you complete Part I.
1
Maximum amount (see instructions)
.......................
1
2,500,000
2
Total cost of section 179 property placed in service (see instructions)
.............
2
3
Threshold cost of section 179 property before reduction in limitation (see instructions)
.......
3
4,000,000
4
Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0-
...........
4
5
Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately,
see instructions
.............................
5
6
(a)
Description of property
(b)
Cost (business use only)
(c)
Elected cost
7
Listed property. Enter the amount from line 29.
...........
7
8
Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7
........
8
9
Tentative deduction. Enter the
smaller
of line 5 or line 8
.................
9
10
Carryover of disallowed deduction from line 13 of your 2024 Form 4562.
............
10
11
Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See
instructions.
..............................
11
12
Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11
......
12
13
Carryover of disallowed deduction to 2026. Add lines 9 and 10, less line 12
13
Note:
Don't use Part II or Part III below for listed property. Instead, use Part V.
Part II
Special Depreciation Allowance and Other Depreciation (Don't
include listed property. See instructions.
)
14
Special depreciation allowance for qualified property (other than listed property) placed in service during the
tax year. See instructions.
..........................
14
15
Property subject to section 168(f)(1) election
...................
15
16
Other depreciation (including ACRS)
.......................
16
5,563
Part III
MACRS Depreciation (Don't
include listed property.
See instructions.
)
Section A
17
MACRS deductions for assets placed in service in tax years beginning before 2025
.........
17
18
If you are electing to group any assets placed in service during the tax year into one or more general asset
accounts, check here
...................
Section BAssets Placed in Service During 2025 Tax Year Using the General Depreciation System
(a)
Classification of property
(see instructions)
(b)
Month and
year placed in
service
(c)
Basis for depreciation
(business/investment use
onlysee instructions)
(d)
Recovery
period
(e)
Convention
(f)
Method
(g)
Depreciation deduction
19a
3-year property
b
5-year property
c
7-year property
d
10-year property
e
15-year property
f
20-year property
g
25-year property
25 yrs.
S/L
h
50-year property
50 yrs.
MM
S/L
i
Residential rental
property
27.5 yrs.
MM
S/L
27.5 yrs.
MM
S/L
j
Nonresidential real
property
39 yrs.
MM
S/L
MM
S/L
Section CAssets Placed in Service During 2025 Tax Year Using the Alternative Depreciation System
20a
Class life
S/L
b
12-year
12 yrs.
S/L
c
30-year
30 yrs.
MM
S/L
d
40-year
40 yrs.
MM
S/L
e
50-year property
50 yrs.
MM
S/L
For Paperwork Reduction Act Notice, see separate instructions.
Cat. No. 12906N
Form
4562
(2025)
Form 4562 (2025)
Page
2
Part IV
Summary
(See instructions.)
21
Listed property. Enter amount from line 28
.....................
21
22
Total.
Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here
and on the appropriate lines of your return. Partnerships and S corporationssee instructions
.....
22
5,563
23a
For assets shown in Part III that are placed in service during the current tax year and have costs capitalized under section 263A, enter the amount of the basis attributable to interest costs capitalized under section 263A(f)
..........
23a
b
For assets shown in Part III that are placed in service during the current tax year and have costs capitalized under section 263A, enter the amount of the basis attributable to costs capitalized under section 263A other than interest costs capitalized under section 263A(f)
.....................
23b
Part V
Listed Property
(Include automobiles, certain other vehicles, certain aircraft, and property used for entertainment,
recreation, or amusement.)
Note:
For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete
only
24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.
Section ADepreciation and Other Information (Caution:
See the instructions for limits for passenger automobiles.
)
24a
Do you have evidence to support the business/investment use claimed?
................
Yes
No
b
If "Yes," is the evidence written?
...........................
Yes
No
c
Do you own, lease, or charter an aircraft? Check all that apply. See instructions.
..........
Own
Lease
Charter
(a)
Type of property (list
vehicles first)
(b)
Date placed in
service
(c)
Business/
investment
use
percentage
(d)
Cost or other
basis
(e)
Basis for depreciation
(business/investment
use only)
(f)
Recovery
period
(g)
Method/
Convention
(h)
Depreciation/
deduction
(i)
Elected
section 179
cost
25
Special depreciation allowance for qualified listed property placed in service during the tax year
and used more than 50% in a qualified business use. See instructions.
........
25
26
Property used more than 50% in a qualified business use:
%
%
%
27
Property used 50% or less in a qualified business use:
%
S/L -
%
S/L -
%
S/L -
28
Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1
.....
28
29
Add amounts in column (i), line 26. Enter here and on line 7, page 1
...............
29
Section BInformation on Use of Vehicles
Complete this section for vehicles used by a sole proprietor, partner, or other "more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.
30
Total business/investment miles driven during the year
(
don't
include commuting miles)
.........
(a)
Vehicle 1
(b)
Vehicle 2
(c)
Vehicle 3
(d)
Vehicle 4
(e)
Vehicle 5
(f)
Vehicle 6
31
Total commuting miles driven during the year
....
32
Total other personal(noncommuting) miles driven
...
33
Total miles driven during the year. Add lines 30
through 32
................
34
Was the vehicle available for personal use
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
during off-duty hours?
............
35
Was the vehicle used primarily by a more than 5%
owner or related person?
...........
36
Is another vehicle available for personal use?
....
Section CQuestions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who
aren't
more than 5% owners or related persons. See instructions.
37
Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your
employees?
..................................
Yes
No
38
Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your employees?
See the instructions for vehicles used by corporate officers, directors, or 1% or more owners
.........
39
Do you treat all use of vehicles by employees as personal use?
...................
40
Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the
vehicles, and retain the information received?
.......................
41
Do you meet the requirements concerning qualified automobile demonstration use? See instructions.
.......
Note:
If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles.
Part VI
Amortization
(a)
Description of costs
(b)
Date amortization
begins
(c)
Amortizable
amount
(d)
Code
section
(e)
Amortization
period or
percentage
(f)
Amortization for
this year
42
Amortization of costs that begins during your 2025 tax year (see instructions):
43
Amortization of costs that began before your 2025 tax year
................
43
44
Total.
Add amounts in column (f). See the instructions for where to report
...........
44
Form
4562
(2025)
Additional Data
Software ID:
Software Version: