Portuguese American Club Inc
- Assets
- $105.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Attleboro, MA
- Founding
- 10/1948
- Data as of
- 12/2021
- EIN
- 04-1738175
Organization Overview
Portuguese American Club Inc is located in Attleboro, MA. The organization was established in 1948. 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. Portuguese American Club Inc 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, Portuguese American Club Inc generated $60.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $70.0k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
FOSTERING COMMUNITY ACTIVITIES FOR THE LOCAL COMMUNITY PORTUGUESE POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manuel Sousa President | 0 | $0 | |
John Viveiros Clerk | 0 | $0 | |
Jorge Viera Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,886 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,505 |
| Professional fees and other payments to independent contractors | $1,784 |
| Occupancy, rent, utilities, and maintenance | $33,556 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,154 |
| Total expenses | $69,999 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,643 |
| Other assets | $0 |
| Total assets | $105,794 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,794 |
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