Foresters Club
- Assets
- $59.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, NH
- Founding
- 05/2019
- Data as of
- 12/2023
- 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 12/2023, Foresters Club generated $132.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $116.5k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Fletcher President | 15 | $0 | |
Dick Oconnor Vice President | 5 | $0 | |
Robert Urban Secretarytreasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,875 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,273 |
| Other Revenue | $0 |
| Total Revenue | $132,161 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,498 |
| Professional fees and other payments to independent contractors | $6,051 |
| Occupancy, rent, utilities, and maintenance | $23,197 |
| Printing, publications, postage, and shipping | $700 |
| Other expenses | $47,032 |
| Total expenses | $116,478 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,023 |
| Other assets | $0 |
| Total assets | $59,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,673 |