Civic Intelligence

Riverside Country Club

EIN 81-0113803 • 501(c)7 • Bozeman, MT

Profile

Provide golf course facility and related services to members

2500 Springhill RoadBozeman, MT 59718

www.riverside-country-club.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.70x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.81x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Source year 2024

Net Margin

34th percentile

0.4%

Higher net margin than 34% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$177,332

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)7 • $5M-$10M nonprofits • Source year 2024

Asset Growth

18th percentile

-3.5%

Faster asset growth than 18% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

7.2%

Faster revenue growth than 56% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$7,770,801

Down $279,265 (-3.5%) from 2023

Liabilities

Down

$5,411,236

Down $307,034 (-5.4%) from 2023

Net Assets

Up

$2,359,565

Up $27,769 (+1.2%) from 2023

Revenue

Up

$6,696,746

Up $451,987 (+7.2%) from 2023

Expenses

Up

$6,668,977

Up $480,341 (+7.8%) from 2023

Net Income

Down

$27,769

Down $28,354 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $8,991,410Liabilities 2011: $7,044,838Net Assets 2011: $1,946,5722011Assets 2012: $8,565,020Liabilities 2012: $6,963,557Net Assets 2012: $1,601,4632012Assets 2013: $8,239,396Liabilities 2013: $6,846,508Net Assets 2013: $1,392,8882013Assets 2014: $8,268,233Liabilities 2014: $7,028,411Net Assets 2014: $1,239,8222014Assets 2015: $8,047,391Liabilities 2015: $6,800,576Net Assets 2015: $1,246,8152015Assets 2016: $8,050,466Liabilities 2016: $6,650,188Net Assets 2016: $1,400,2782016Assets 2017: $7,844,457Liabilities 2017: $6,559,696Net Assets 2017: $1,284,7612017Assets 2018: $7,881,600Liabilities 2018: $6,607,437Net Assets 2018: $1,274,1632018Assets 2019: $7,520,129Liabilities 2019: $6,631,528Net Assets 2019: $888,6012019Assets 2020: $7,440,551Liabilities 2020: $6,045,960Net Assets 2020: $1,394,5912020Assets 2021: $8,302,161Liabilities 2021: $6,037,571Net Assets 2021: $2,264,5902021Assets 2022: $8,478,136Liabilities 2022: $6,202,463Net Assets 2022: $2,275,6732022Assets 2023: $8,050,066Liabilities 2023: $5,718,270Net Assets 2023: $2,331,7962023Assets 2024: $7,770,801Liabilities 2024: $5,411,236Net Assets 2024: $2,359,5652024

Highlighted filing

2024

Assets$7,770,801
Liabilities$5,411,236
Net Assets$2,359,565

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,734,576Expenses 2011: $3,164,909Net Income 2011: -$430,3332011Expenses 2012: $3,127,4442012Expenses 2013: $3,070,9992013Revenue 2014: $3,085,023Expenses 2014: $3,237,743Net Income 2014: -$152,7202014Revenue 2015: $3,455,400Expenses 2015: $3,423,882Net Income 2015: $31,5182015Revenue 2016: $3,740,780Expenses 2016: $3,587,317Net Income 2016: $153,4632016Revenue 2017: $3,603,869Expenses 2017: $3,719,386Net Income 2017: -$115,5172017Revenue 2018: $3,787,717Expenses 2018: $3,798,315Net Income 2018: -$10,5982018Revenue 2019: $3,650,080Expenses 2019: $4,035,642Net Income 2019: -$385,5622019Revenue 2020: $4,694,880Expenses 2020: $4,121,407Net Income 2020: $573,4732020Revenue 2021: $5,529,708Expenses 2021: $4,659,709Net Income 2021: $869,9992021Revenue 2022: $5,499,621Expenses 2022: $5,488,538Net Income 2022: $11,0832022Revenue 2023: $6,244,759Expenses 2023: $6,188,636Net Income 2023: $56,1232023Revenue 2024: $6,696,746Expenses 2024: $6,668,977Net Income 2024: $27,7692024

Highlighted filing

2024

Revenue$6,696,746
Expenses$6,668,977
Net Income$27,769

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.77$5.41$2.36$6.70$6.67$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.05$5.72$2.33$6.24$6.19$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.48$6.20$2.28$5.50$5.49$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.30$6.04$2.26$5.53$4.66$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.44$6.05$1.39$4.69$4.12$0.57
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.52$6.63$0.89$3.65$4.04$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.88$6.61$1.27$3.79$3.80$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.84$6.56$1.28$3.60$3.72$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.05$6.65$1.40$3.74$3.59$0.15
2015Detailed filing. Detailed filing data is available for this year.$8.05$6.80$1.25$3.46$3.42$0.03
2014Detailed filing. Detailed filing data is available for this year.$8.27$7.03$1.24$3.09$3.24$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.24$6.85$1.39$3.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.57$6.96$1.60$3.13
2011Summary only. Only limited summary data is available for this year.$8.99$7.04$1.95$2.73$3.16$0.43
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$6,654,144
Mission and Program Overview

Mission

Provide golf course facility and related services to members.

Provide golf, racquet, dining, and swimming facilities and related services to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,494,208$6,405,750▼ $88,458
Accounts Receivable$1,069,269$1,123,724▲ $54,455
Cash and Non-Interest-Bearing Accounts$555,985$656,450▲ $100,465
Inventories for Sale or Use$140,357$190,163▲ $49,806
Prepaid Expenses and Deferred Charges$25,919$33,612▲ $7,693
Savings and Temporary Cash Investments$16,423$2,002▼ $14,421
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$8,302,161$8,478,136▲ $175,975
Other Assets Total-$66,435-
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,260,578$4,119,719▼ $140,859
Other Liabilities$1,354,450$1,379,275▲ $24,825
Accounts Payable and Accrued Expenses$384,653$492,052▲ $107,399
Deferred Revenue$37,890$211,417▲ $173,527
Total Liabilities$6,037,571$6,202,463▲ $164,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,264,590$2,275,673▲ $11,083
Total Net Assets Fund Balance$2,264,590$2,275,673▲ $11,083
Total Liabilities and Net Assets / Fund Balance$8,302,161$8,478,136▲ $175,975

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,623,029$4,703,084$10,326,113
Equipment$679,140$1,952,919$2,632,059
Other Land Buildings$53,581$18,629$72,210
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug HagenDirector Club OpsFT$125,984$15,710$141,694
Kurt KlonsinkiSuperintendentFT$111,413$15,710$127,123
Ryan TroxelHead Golf ProFT$109,673$15,710$125,383

Board Members and Trustees

NameTitle
Vic ArthunPresident
Bobby BearVice President
Bayliss WardDirector
Doug WeberDirector
Lynda WhiteDirector
Shane CollinsDirector
Tyler EricksonDirector
Greg MetzgerSecretary
Brian WarnockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,275,340
Investment Income
$-8,867
Other Revenue
$1,233,148
Change in Net Assets
$11,083

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,499,621
Total Revenue per Audited Statements
$5,499,621
Total Revenue per Form 990
$5,499,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,327,512
Other Expenses$2,161,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,616,261
Depreciation Depletion---$476,560
All Other Expenses---$305,147
Payroll Taxes---$276,401
Other Employee Benefits---$273,156
Occupancy---$244,459
Interest---$194,455
Current Officers, Directors, Trustees, and Key Employees---$161,694
Other Expenses---$109,875
Fees for Services Other---$76,597
Insurance---$73,409
Office Expenses---$45,516
Travel---$42,759
Advertising---$38,564
Fees for Services Accounting---$20,500
Conferences and Meetings---$9,241
Fees for Services Legal---$2,367
Total Functional Expenses$0$0$0$5,488,538

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,488,538
Total Expenses per Audited Statements$5,488,538
Total Expenses per Form 990$5,488,538
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Assessments Held$1,322,450
Leasee Deposit$56,825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has twelve different levels of membership. Only 4 of these membership levels are entitled to vote and hold office.

Form 990, Part VI, Section A, Line 7A

Voting members receive a written ballot at least 20 days prior to the annual meeting. Such ballots shall contain the names of the candidates for the board of directors and must be returned either via mail or turned into the organization's office not less than three business days before the annual meeting.

Form 990, Part VI, Section A, Line 7B

As detailed in the organization's bylaws certain decisions, such as selling property, amending the bylaws and entering into contracts for capital expenditures that would require an assessment to the membership, are subject to approval by the voting membership.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the board or its appointed representatives prior to being filed.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy as well as the whistleblower policy are included in the employee manual. Annually, officers, directors, golf-pros and management are required to disclose an interest that could give rise to conflict.

Form 990, Part VI, Section B, Line 15A

The board of directors reviews and approves compensation for the club's management. Deliberations and decisions are documented in the board minutes.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Riverside Country Club
EIN
81-0113803
Phone
4065875105
Address
2500 SPRINGHILL ROAD, BOZEMAN, MT 59718

Signing Officer

Name
Bayliss Ward
Title
President
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Formed
1959
Legal Domicile
Mt
Voting Board Members
9
Independent Board Members
9
Employees
222

Preparer

Firm
Amatics CPA Group
Address
45 Discovery Drive, Bozeman, MT 59718
Preparer
Justin Gerber
Phone
4064041925
Raw XML AppendixShowing 400 of 442 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIR. CLUB OPS
IRS990/Form990PartVIISectionAGrp/TitleTxt1SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2HEAD GOLF PRO
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/MissionDesc0PROVIDE GOLF, RACQUET, DINING, AND SWIMMING FACILITIES AND RELATED SERVICES TO MEMBERS.
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01188664
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0258934
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0GOLF COURSE EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OPERATING SUPPLIES
IRS990/OtherExpensesGrp/Desc3MEMBER EVENTS AND PROMO
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IRS990/OtherExpensesGrp/TotalAmt2163942
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IRS990/OtherRevenueTotalAmt044484
IRS990/OtherSalariesAndWagesGrp/TotalAmt02616261
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0276401
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033612
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1INITIATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0681826
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1234750
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23358764
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IRS990/PYInvestmentIncomeAmt0444
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IRS990/PYOtherRevenueAmt01114135
IRS990/PYProgramServiceRevenueAmt03786908
IRS990/PYRevenuesLessExpensesAmt0869999
IRS990/PYSalariesCompEmpBnftPaidAmt02672454
IRS990/PYTotalExpensesAmt04659709
IRS990/PYTotalRevenueAmt05529708
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt011083
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt02002
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt04703084
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0679140
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01952919
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02632059
IRS990ScheduleD/ExpensesSubtotalAmt05488538
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt053581
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018629
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056825
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11322450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASEE DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDABLE ASSESSMENTS HELD
IRS990ScheduleD/RevenueSubtotalAmt05499621
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06405750
IRS990ScheduleD/TotalExpensesPerForm990Amt05488538
IRS990ScheduleD/TotalLiabilityAmt01379275
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS TWELVE DIFFERENT LEVELS OF MEMBERSHIP. ONLY 4 OF THESE MEMBERSHIP LEVELS ARE ENTITLED TO VOTE AND HOLD OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOTING MEMBERS RECEIVE A WRITTEN BALLOT AT LEAST 20 DAYS PRIOR TO THE ANNUAL MEETING. SUCH BALLOTS SHALL CONTAIN THE NAMES OF THE CANDIDATES FOR THE BOARD OF DIRECTORS AND MUST BE RETURNED EITHER VIA MAIL OR TURNED INTO THE ORGANIZATION'S OFFICE NOT LESS THAN THREE BUSINESS DAYS BEFORE THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS DETAILED IN THE ORGANIZATION'S BYLAWS CERTAIN DECISIONS, SUCH AS SELLING PROPERTY, AMENDING THE BYLAWS AND ENTERING INTO CONTRACTS FOR CAPITAL EXPENDITURES THAT WOULD REQUIRE AN ASSESSMENT TO THE MEMBERSHIP, ARE SUBJECT TO APPROVAL BY THE VOTING MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE BOARD OR ITS APPOINTED REPRESENTATIVES PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY AS WELL AS THE WHISTLEBLOWER POLICY ARE INCLUDED IN THE EMPLOYEE MANUAL. ANNUALLY, OFFICERS, DIRECTORS, GOLF-PROS AND MANAGEMENT ARE REQUIRED TO DISCLOSE AN INTEREST THAT COULD GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE CLUB'S MANAGEMENT. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
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