D E S Portuguese Club Inc
- Assets
- $126.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloucester, MA
- Founding
- 10/1988
- Data as of
- 12/2022
- EIN
- 04-2992400
Organization Overview
D E S Portuguese Club Inc is located in Gloucester, MA. The organization was established in 1988. 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. D E S Portuguese 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 12/2022, D E S Portuguese Club Inc generated $41.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $35.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Nunes President | 2 | $0 | |
Jose Avila Vice-President | 2 | $0 | |
Christina Nunes Treasurer | 2 | $0 | |
Patricia A Whynot Secretary/clerk | 2 | $0 | |
Aurelia Avila Director | 2 | $0 | |
Louis Silveira Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,560 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,918 |
| Other Revenue | $6,300 |
| Total Revenue | $41,784 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $30,092 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,983 |
| Total expenses | $35,525 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,785 |
| Other assets | $0 |
| Total assets | $126,227 |
| Total liabilities | $10,066 |
| Net assets or fund balances | $116,161 |