Greenwood Club Inc

Organization Overview

Greenwood Club Inc is located in Sudbury, MA. The organization was established in 2006. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Greenwood Club Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood 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 12/2023, Greenwood Club Inc generated $331.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $373.3k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE SWIMMING AND TENNIS FACILITIES AND OFFER ORGANIZED SOCIAL EVENTS TO ITS MEMBERS AND THEIR GUESTS. MEMBERS MUST RESIDE IN THE TOWN OF SUDBURY,MA

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED SWIMMING AND TENNIS FACILITIES AND OFFERED ORGANIZED SOCIAL EVENTS TO ITS MEMBERS AND THEIR GUESTS.


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Board, Officers & Key Employees

Name (title)Compensation
Doug Adams
President
$0
Katie Kane
Vice President
$0
Michael King
Treasurer
$0
Julie Fragale
Director
$0
Connie Mabli
Director
$0
Kelly Mcdonnell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$330,896
Investment income $292
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $331,188

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