Holden Towers Tennis Club
- Assets
- $262.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 04-2603786
Organization Overview
Holden Towers Tennis Club is located in Worcester, MA. The organization was established in 1991. 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. Holden Towers 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 12/2022, Holden Towers Tennis Club generated $158.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $159.6k during the year ending 12/2022. While expenses have increased by 8.0% 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
PROMOTE PHYSICAL FITNESS THROUGH TENNIS FOR 250-300 MEMBERS AND OTHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Ostrander Treasurer | 2 | $0 | |
Brian Chandley Director | 0 | $0 | |
Andrew Andrianopolous President | 2 | $0 | |
Jacqueline Toupin-Mier Vice President | 0 | $0 | |
Randy Becker Director | 0 | $0 | |
Ingrid Landers Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,799 |
| Membership dues | $143,436 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $158,208 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,538 |
| Professional fees and other payments to independent contractors | $19,090 |
| Occupancy, rent, utilities, and maintenance | $33,891 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,073 |
| Total expenses | $159,592 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,187 |
| Other assets | $0 |
| Total assets | $262,920 |
| Total liabilities | $53,409 |
| Net assets or fund balances | $209,511 |