Copper Valley Club Inc
- Assets
- $112.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cheshire, CT
- Founding
- 03/1956
- Data as of
- 09/2022
- EIN
- 06-0702858
Organization Overview
Copper Valley Club Inc, operating under the name Copper Valley Club, is located in Cheshire, CT. The organization was established in 1956. 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. Copper Valley Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Copper Valley Club generated $106.6k 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 (6.0%) each year. All expenses for the organization totaled $92.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING RECREATIONAL ACTIVITIES TO ITS MEMBERS FOR TENNIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Clarke VP Admin Sec | 1 | $0 | |
Richard Roberts Legal | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,868 |
| Total Program Service Revenue | $31,484 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,226 |
| Total Revenue | $106,578 |
| 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 | $45,649 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,821 |
| Total expenses | $92,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,188 |
| Other assets | $0 |
| Total assets | $112,540 |
| Total liabilities | $80,165 |
| Net assets or fund balances | $32,375 |
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