Thames Club
- Assets
- $287.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 25
- Location
- New London, CT
- Founding
- 07/1946
- Data as of
- 12/2021
- EIN
- 06-0560810
Organization Overview
Thames Club is located in New London, CT. The organization was established in 1946. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Thames Club employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thames Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Thames Club generated $141.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $144.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDESFACILITIESFORDINNERS,BOWLING,ANDOTHERSOCIALACTIVITIESFORITSMEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Jenks Vice President | 2 | $0 | |
Brenda Kramer Secretary | 2 | $0 | |
Derron Wood President | 2 | $0 | |
Mildred E Devine Treasurer | 2 | $0 | |
William Richmond President Elect | 2 | $0 | |
Robert Salmonsen Past President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,384 |
| Total Program Service Revenue | $93,105 |
| Membership dues | $0 |
| Investment income | $6,108 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,069 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,477 |
| Professional fees and other payments to independent contractors | $9,860 |
| Occupancy, rent, utilities, and maintenance | $58,770 |
| Printing, publications, postage, and shipping | $151 |
| Other expenses | $45,403 |
| Total expenses | $144,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,603 |
| Other assets | $0 |
| Total assets | $287,936 |
| Total liabilities | $98,840 |
| Net assets or fund balances | $189,096 |
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