The Townsmen Club is located in Mapleville, RI. The organization was established in 1989. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Townsmen Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2021, Townsmen Club generated $34.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $24.4k during the year ending 09/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE DINNERS AND SOCIAL EVENTS TO MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathan Perry Director | 5 | $0 | |
Wayne Richardson Director | 5 | $0 | |
Ed Makowski Director | 5 | $0 | |
Ralph Ciummo Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $16,657 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,080 |
Total Revenue | $34,586 |
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 | $1,350 |
Occupancy, rent, utilities, and maintenance | $15,282 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,743 |
Total expenses | $24,375 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $134,303 |
Other assets | $0 |
Total assets | $139,450 |
Total liabilities | $50 |
Net assets or fund balances | $139,400 |
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