Foresters Club
- Assets
- $42.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, NH
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 02-0209526
Organization Overview
Foresters Club is located in Newport, NH. The organization was established in 2019. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foresters Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Foresters Club generated $84.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $86.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATION OF FACILITIES FOR THE PURPOSE OF PROVIDING A PLACE TO MEET FOR RECREATION, PLEASURE AND SOCIAL ACTIVITIES. MAINTAINING FACILITIES THAT ARE AVAILABLE TO THE MEMBERS AND THE COMMUNITY FOR OCCASIONS SUCH AS WEDDINGS, FUNERALS AND FUNCTIONS. PROVIDING ENTERTAINMENT THROUGHOUT THE YEAR TO QUALIFIED MEMBERS AND GUESTS, AS WELL AS COORDINATING OTHER SOCIAL FUNCTIONS FOR QUALIFIED MEMBERS AND GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Sartwell Vice President | 5 | $0 | |
Richard B O'conner President | 15 | $0 | |
Robert A Urban Treasurer & Secretary | 5 | $0 | |
Robert O'connor Director | 1 | $0 | |
Larry Eaton Director | 1 | $0 | |
Colleen O'connor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,820 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,932 |
| Other Revenue | $0 |
| Total Revenue | $84,722 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,919 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $25,248 |
| Printing, publications, postage, and shipping | $2,305 |
| Other expenses | $27,730 |
| Total expenses | $86,202 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,673 |
| Other assets | $0 |
| Total assets | $42,105 |
| Total liabilities | $21,221 |
| Net assets or fund balances | $20,884 |
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