Chippewa Athletic Club Inc
- Assets
- $57.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Boston, MA
- Founding
- 12/1992
- Data as of
- 12/2023
- EIN
- 04-2857768
Organization Overview
Chippewa Athletic Club Inc is located in South Boston, MA. The organization was established in 1992. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Chippewa Athletic 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, Chippewa Athletic Club Inc generated $46.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $45.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 5 years. 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
SOCIAL CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven A Darigo Officer | 20 | $0 | |
Mark Oleary Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,536 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,725 |
| Investment income | $2,003 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,264 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $30,425 |
| Printing, publications, postage, and shipping | $245 |
| Other expenses | $14,851 |
| Total expenses | $45,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,197 |
| Other assets | $0 |
| Total assets | $57,004 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,004 |