Downtown Health Club Of Elmira N Y Inc
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elmira, NY
- Founding
- 04/1963
- Data as of
- 08/2022
- EIN
- 16-0848735
Organization Overview
Downtown Health Club Of Elmira N Y Inc is located in Elmira, NY. The organization was established in 1963. 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. Downtown Health Club Of Elmira N Y Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2022, Downtown Health Club Of Elmira N Y Inc generated $50.6k 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 (5.5%) each year. All expenses for the organization totaled $65.0k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
THE HEALTH CLUB PROVIDES UPDATED PHYSICAL FITNESS EQUIPMENT;SAUNA AND SWIMMING POOL FOR MEMBERS TO EXCERCISE. THE CLUB HAS AN AVERAGE OF 110 MEMBERS WHO BENEFIT FROM THE CLUB'S FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Kramarik Director | 0 | $0 | |
Henry Fuksman President | 0 | $0 | |
Rick Christofaro Vice President | 0 | $0 | |
Christopher Denton Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,626 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $2,068 |
| Occupancy, rent, utilities, and maintenance | $10,891 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $40,004 |
| Total expenses | $64,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,863 |
| Other assets | $0 |
| Total assets | $17,728 |
| Total liabilities | $31,020 |
| Net assets or fund balances | -$13,292 |
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