Forked River Tuna Club Inc is located in Forked River, NJ. The organization was established in 1959. 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. Forked River Tuna 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 09/2022, Forked River Tuna Club Inc generated $47.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $54.8k during the year ending 09/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROMOTE SKILL IN THE SPORT OF YACHTING, BOATING, HUNTING AND FISHING AS WELL AS SPORTSMANLIKE CONDUCT IN THESE PURSUITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vacant Recording Secretary | 6 | $0 | |
Ronald Tholen Treasurer | 6 | $0 | |
Trevor Martinson Commodore | 7 | $0 | |
Name Not Listed Rear Commodore | 5 | $0 | |
William Maxwell Vice Commodore | 6 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
Total Program Service Revenue | $0 |
Membership dues | $29,775 |
Investment income | $201 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $13,354 |
Other Revenue | $3,520 |
Total Revenue | $47,540 |
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 | $1,125 |
Occupancy, rent, utilities, and maintenance | $31,210 |
Printing, publications, postage, and shipping | $2,841 |
Other expenses | $19,629 |
Total expenses | $54,805 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,509 |
Other assets | $0 |
Total assets | $151,011 |
Total liabilities | $1,482 |
Net assets or fund balances | $149,529 |
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