Lakewood Tennis Club
- Assets
- $58.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton Highlands, MA
- Founding
- 03/1994
- Data as of
- 10/2022
- EIN
- 04-2486592
Organization Overview
Lakewood Tennis Club is located in Newton Highlands, MA. The organization was established in 1994. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, 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. Lakewood Tennis Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2022, Lakewood Tennis Club generated $73.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $72.3k during the year ending 10/2022. While expenses have increased by 6.6% 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
2022
Describe the Organization's Program Activity:
Part 3
TENNIS CLUB SUPPORTING THE UPKEEP OF TENNIS COURTS FOR THE USE OF ITS MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Plitch Treasurer | 0 | $0 | |
Judy Jarashow President | 0 | $0 | |
Al Kaplan Vice President | 0 | $0 | |
Bryant Pierce Grounds Chair | 0 | $0 | |
Irv Epstein Director | 0 | $0 | |
Helen Jordan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,488 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,730 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,232 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,673 |
| Professional fees and other payments to independent contractors | $2,758 |
| Occupancy, rent, utilities, and maintenance | $26,875 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $20,919 |
| Total expenses | $72,325 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,637 |
| Other assets | $0 |
| Total assets | $58,637 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,637 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |
Poughkeepsie Tennis Club Poughkeepsie, NY | $543,906 | $1,179,973 |
Fox Meadow Tennis Club West Harrison, NY | $1,758,347 | $1,193,963 |
Harlem Junior Tennis And Education Program Inc New York, NY | $276,329 | $806,920 |