Sport Club Portugues Inc

Organization Overview

Sport Club Portugues Inc is located in Newark, NJ. The organization was established in 1949. 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, Sport Club Portugues Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sport Club Portugues Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Sport Club Portugues Inc generated $347.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $356.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE STATEMENT #1

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES A SOCIAL CLUB, DANCES, FOLKLORE FESTIVALS AND SOCIAL ACTIVITIES TO ITS MEMBERS


THE ORGANIZATION OPERATES A SCHOOL PROVIDING FOREIGN LANGUAGE AND CULTURAL INSTRUCTION TO ABOUT 125 MEMBERS


THE ORGANIZATION ALSO PROVIDES VARIOUS SPORTS ACTIVITIES TO ITS MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Luis Nobre
President
$0
Nuno Ferreira
Vice President
$0
Jack Ferreira
Vice-President
$0
Bruno Costa
Vice-President
$0
Vivanne Antunes
Treasurer
$0
Rita Costa
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,360
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$55,430
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$58,790
Total Program Service Revenue$252,205
Investment income $5,840
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $30,211
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $347,046

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Sport Club Portugues Inc has recieved totaling $19,550.

Awarding OrganizationAmount
Laborers International Union Of North America

Newark, NJ

PURPOSE: GENERAL SUPPORT

$13,550
Manuel And Maria Teixeira Family Foundation Inc

Mountainside, NJ

PURPOSE: DONATION

$5,000
Kean Foundation Inc

Parsippany, NJ

PURPOSE: UNRESTRICTED

$1,000
View Grant Recipient Profile

Peer Organizations

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